HAVA-AGO
ActiveSummary
HAVA-AGO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €65k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 11% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-1
Solvency30▼-29
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.98 against 2.02 in 2024; short-term debt: 71.3% and cash: 27.4% of total assets), and 94.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.4%
Return on assets
18.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 16546 sector peers (2025).
NBB · sector comparisonPosition among 16546 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
49 d early
2024
on the day
2023
1 d early
2022
3 d late
2021
1 d early
2020
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€19k▼ 83.3%
2024 · €111k
2020: €56k
2021: €77k
2022: €116k
2023: €109k
2024: €111k
2020 → 2025
Total assets
€345k▲ 7.0%
2024 · €323k
2020: €83k
2021: €96k
2022: €312k
2023: €244k
2024: €323k
2020 → 2025
Net result
€65k▲ 4.0%
2024 · €62k
2020: €50k
2021: €21k
2022: €39k
2023: €65k
2024: €62k
2020 → 2025
Working capital
€-4k
2024 · €111k
2020: €50k
2021: €56k
2022: €82k
2023: €63k
2024: €111k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€116k▲ 51.6%€109k▼ 6.2%€111k▲ 2.0%€19k▼ 83.3%
Operating result€26k-€53k▲ 105%€88k▲ 65.7%€90k▲ 2.1%€95k▲ 6.2%
Net result€21k-€39k▲ 92.0%€65k▲ 65.7%€62k▼ 5.1%€65k▲ 4.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €345k
Fixed assets
€103k ▼ 0.1%
Current assets
€242k ▲ 10.3%
Equity and liabilities €345k
Equity
€19k ▼ 83.3%
Debt
€326k ▲ 54.3%
Debt's share of the balance-sheet total rises from 65.6% to 94.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€113k▲
2024 · €102k
Cash flow
€82k▲
2024 · €74k
Current ratio
0.98▼
2024 · 2.02
Debt to equity
17.55▲
2024 · 1.90
ROE
347.5%▲
2024 · 55.9%
ROA
18.7%▼
2024 · 19.3%
Interest coverage
39.55▼
2024 · 43.92
Debt ≤ 1 year
€246k▲
2024 · €108k
Debt > 1 year
€77k▼
2024 · €97k
Income taxes
€33k▲
2024 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€323k€345k▲
Fixed assets21/28€103k€103k▼
Tangible fixed assets22/27€103k€103k▼
Land and buildings22€86k€79k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€7k€16k▲
Other tangible fixed assets26€7k€5k▼
Current assets29/58€219k€242k▲
Amounts receivable after more than one year29€50k€60k▲
Other amounts receivable291€50k€60k▲
Amounts receivable within one year40/41€67k€87k▲
Trade receivables40€27k€30k▲
Other amounts receivable41€41k€57k▲
Cash at bank and in hand54/58€101k€95k▼
Deferred charges and accrued income490/1€511-
Equity and liabilities
Total equity and liabilities10/49€323k€345k▲
Equity10/15€111k€19k▼
Contributions10/11€19k€19k=
Reserves13€92k-
Distributable reserves133€92k-
Amounts payable17/49€211k€326k▲
Amounts payable after more than one year17€97k€77k▼
Financial debts170/4€97k€77k▼
Amounts payable within one year42/48€108k€246k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Advances received on contracts in progress46-€16k
Taxes, remuneration and social security45€22k€49k▲
Taxes450/3€21k€49k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€60k€157k▲
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€18k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€103k€114k▲
Operating profit (loss)9901€90k€95k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€89k€97k▲
Income taxes67/77€27k€33k▲
Profit (loss) for the period9904€62k€65k▲
Profit (loss) for the period to be appropriated9905€62k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€65k▲
Transfer from equity791/2-€92k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€60k€157k▲
Return on contributions (dividend)694€60k€157k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2020net €65k ▲65.7%
Net result €65k, the highest in the series.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
30-09
Financial
Equity above €100kEq €116k ▲51.6%
3 profitable years in a row build equity to €116k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €21k ▼58.7%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Breeveld 362970 SchildeGround area
2,294 m²
Building footprint
300 m²
Volume, LiDAR
1,112 m³
Parcel 11922B0118/00C000, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HAVA-AGO
since 20192.284.847.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0118/00C000 | Flanders | 2,294 m² | 1 · 300 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 6,058 EUR awarded · 6,058 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,399 EUR | 5,399 EUR |
| 2024 | 1 | 659 EUR | 659 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 10,451 companies in sector 86995 we hold annual accounts for 886. 568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2019
Fiscal year end30-09
Activities, NACEBEL 2025
86995Nutrition and dietetics services
70100Activities of head offices
70200Business and other management consultancy
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.