HAVASUPPORT
ActiveSummary
The computed 12-month bankruptcy probability of HAVASUPPORT is 1.9% (moderate). The 2025 annual accounts show equity of €158k and a net result of €115k. Equity is growing by ~180.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 7453 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-24
Solvency27▼-18
Growth85=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 16.57 against 1.19 in 2024; short-term debt: 6% and cash: 0.1% of total assets), but 97.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
2.2%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7453 sector peers (2025).
NBB · sector comparisonPosition among 7453 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
21 d late
2024
29 d late
2023
30 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€243k▲ 2,147%
2023 · €11k
2023: €11k
2023 → 2024
EBIT margin
22.0%▲ 36.4pp
2023 · -14.4%
2023: -14.4%
2023 → 2024
Net result
€115k▲ 193%
2024 · €39k
2023: €-2k
2024: €39k
2023 → 2025
Working capital
€6.66M▲ 20,195%
2024 · €33k
2023: €-4k
2024: €33k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€11k-€243k▲ 2,147%
Equity€3k-€43k▲ 1,142%€158k▲ 269%
Operating result€-2k-€53k€178k▲ 234%
Net result€-2k-€39k€115k▲ 193%
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 two years in a row; 2025 is 234% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.12M
Fixed assets
€42k ▲ 318%
Current assets
€7.08M ▲ 3,409%
Equity and liabilities €7.12M
Equity
€158k ▲ 269%
Debt
€6.97M ▲ 4,020%
Debt's share of the balance-sheet total rises from 79.8% to 97.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€184k▲
2024 · €55k
Cash flow
€120k▲
2024 · €40k
Current ratio
16.57▲
2024 · 1.19
Debt to equity
44.19▲
2024 · 3.96
ROE
72.9%▼
2024 · 91.9%
ROA
1.6%▼
2024 · 18.5%
Interest coverage
7.35▼
2024 · 15552.49
Debt ≤ 1 year
€427k▲
2024 · €169k
Debt > 1 year
€6.52M
Income taxes
€38k▲
2024 · €14k
Staff costs
€11k▲
2024 · €6k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€212k€7.12M▲
Fixed assets21/28€10k€42k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€8k€40k▲
Land and buildings22€7k€6k▼
Plant, machinery and equipment23-€33k
Furniture and vehicles24€1k€1k▼
Current assets29/58€202k€7.08M▲
Amounts receivable within one year40/41€177k€7.07M▲
Trade receivables40€177k€7.07M▲
Cash at bank and in hand54/58€24k€9k▼
Equity and liabilities
Total equity and liabilities10/49€212k€7.12M▲
Equity10/15€43k€158k▲
Contributions10/11€5k€5k=
Reserves13€38k€153k▲
Distributable reserves133€38k€153k▲
Amounts payable17/49€169k€6.97M▲
Amounts payable after more than one year17-€6.52M
Financial debts170/4-€6.52M
Amounts payable within one year42/48€169k€427k▲
Trade debts44€11k€75k▲
Suppliers440/4€11k€75k▲
Taxes, remuneration and social security45€6k€82k▲
Taxes450/3€6k€82k▲
Remuneration and social security454/9-€498
Other amounts payable47/48€152k€271k▲
Accrued charges and deferred income492/3-€24k
Income statement
Code20242025
Turnover70€243k-
Goods, raw materials, services and sundry goods60/61€181k-
Remuneration, social security and pensions62€6k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€62k€198k▲
Operating profit (loss)9901€53k€178k▲
Financial income75/76B€0€41▲
Recurring financial income75€0€41▲
Financial charges65/66B€4€25k▲
Recurring financial charges65€4€25k▲
Profit (loss) for the period before taxes9903€53k€153k▲
Income taxes67/77€14k€38k▲
Profit (loss) for the period9904€39k€115k▲
Profit (loss) for the period to be appropriated9905€39k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€115k▲
Profit (loss) brought forward from the previous period14P€-2k-
Transfer to equity691/2€38k€115k▲
To other reserves6921€38k€115k▲
The notes to these accounts (9 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Highest result since 2023net €115k ▲193%
Operating result €178k, net result €115k, both a record.
31-12
Financial
Liquidity times 14current ratio 16.57
Current ratio from 1.19 to 16.57.
31-12
Financial
Equity above €150kEq €158k ▲269%
2 profitable years in a row build equity to €158k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Kortenberg · 1 establishment unit since 2022
Ground area
1,165 m²
Building footprint
327 m²
Volume, LiDAR
2,762 m³
Parcel 24055D0006/00M006, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
HAVASUPPORT
since 20222.342.899.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055D0006/00M006 | Flanders | 1,165 m² | 1 · 327 m² | 12.8 m · 3 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.
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RESQ HOME
BE 0799.351.165
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ABAR
BE 0819.042.462
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KATHA Construct
BE 1016.705.894
Antwerpen · Eq €156,564
Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 729 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
Founded21-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
55204Guest rooms (bed and breakfast)
41001General construction of residential buildings
56210Event catering
68201Renting and operating of own or leased residential real estate, excluding social housing
77229Renting and leasing of other personal and household goods
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.