HAVARY
ActiveHAVARY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €32k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 1470 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+12
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 2.41 in 2023), and 32.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Sector 75
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
40 d early
2022
54 d early
2021
2 d early
2020
5 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 27.5%
2023 · €115k
2018: €35k
2019: €39k
2020: €58k
2021: €71k
2022: €94k
2023: €115k
2018 → 2024
Total assets
€217k▲ 39.9%
2023 · €155k
2018: €107k
2019: €115k
2020: €127k
2021: €139k
2022: €144k
2023: €155k
2018 → 2024
Net result
€32k▲ 55.4%
2023 · €20k
2018: €13k
2019: €4k
2020: €19k
2021: €13k
2022: €23k
2023: €20k
2018 → 2024
Working capital
€48k▲ 13.1%
2023 · €42k
2018: €-9k
2019: €-8k
2020: €7k
2021: €10k
2022: €24k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€58k-€71k▲ 22.0%€94k▲ 32.8%€115k▲ 21.5%€146k▲ 27.5%
Operating result€28k-€16k▼ 43.6%€33k▲ 107%€30k▼ 7.7%€47k▲ 54.1%
Net result€19k-€13k▼ 34.0%€23k▲ 81.3%€20k▼ 13.0%€32k▲ 55.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 54% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217k
Fixed assets
€127k▲ 52.6%
Current assets
€90k▲ 25.2%
Equity and liabilities €217k
Equity
€146k▲ 27.5%
Debt
€71k▲ 75.4%
The debt ratio rises from 26.0% to 32.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€78k▲
2023 · €51k
Cash flow
€62k▲
2023 · €41k
Solvency
67.4%▼
2023 · 74.0%
Current ratio
2.12▼
2023 · 2.41
Quick ratio
1.86▼
2023 · 2.01
Debt / equity
0.48▲
2023 · 0.35
ROE
21.5%▲
2023 · 17.7%
ROA
14.5%▲
2023 · 13.1%
Interest coverage
38.00▼
2023 · 47.36
Debt
€71k▲
2023 · €40k
Debt ≤ 1 year
€43k▲
2023 · €30k
Debt > 1 year
€28k▲
2023 · €10k
Income taxes
€14k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€155k€217k▲
Fixed assets21/28€83k€127k▲
Tangible fixed assets22/27€83k€127k▲
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€6k€43k▲
Other tangible fixed assets26€75k€83k▲
Current assets29/58€72k€90k▲
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€7k€4k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€663€76▼
Cash at bank and in hand54/58€52k€72k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€155k€217k▲
Equity10/15€115k€146k▲
Contributions10/11€12k€12k=
Reserves13€102k€134k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€132k▲
Amounts payable17/49€40k€71k▲
Amounts payable after more than one year17€10k€28k▲
Financial debts170/4€10k€28k▲
Amounts payable within one year42/48€30k€43k▲
Current portion of amounts payable after more than one year42€9k€14k▲
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€11k€18k▲
Taxes450/3€11k€18k▲
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€31k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€52k€79k▲
Operating profit (loss)9901€30k€47k▲
Financial income75/76B€149€247▲
Recurring financial income75€149€247▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€30k€45k▲
Income taxes67/77€9k€14k▲
Profit (loss) for the period9904€20k€32k▲
Profit (loss) for the period to be appropriated9905€20k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€32k▲
Transfer to equity691/2€20k€32k▲
To other reserves6921€20k€32k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €32k ▲55.4%
Operating result €47k, net result €32k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €115k ▲21.5%
6 profitable years in a row build equity to €115k.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €4k ▼66.5%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lennik · 1 establishment unit since 2007
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.
Zwijnenbergstraat 541750 LennikGround area
1,291 m²
Building footprint
374 m²
Volume, LiDAR
1,808 m³
Parcel 23075B0165/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HAVARY
since 20072.343.105.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23075B0165/00C000 | Flanders | 1,291 m² | 1 · 374 m² | 8.6 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLennik2.343.105.769
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Of 6,069 companies in sector 75000 we hold annual accounts for 1,943. 1,701 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-01-2007
Fiscal year end31-12
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.