Havecon Serres
ActiveHavecon Serres has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €1k. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 1290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▲+6
Solvency80▲+11
Growth35=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 1.78 in 2023; short-term debt: 45.2% and cash: 2.1% of total assets), and 45.2% 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
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 · 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.8%
Return on assets
2.5%
Age of the figures
21 mo
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
42 d early
2022
18 d early
2021
4 d early
2020
31 d late
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€493k▲ 521%
2023 · €79k
2018: €7.65M
2019: €5.24M
2020: €8.92M
2021: €7.53M
2022: €2.56M
2023: €79k
2018 → 2024
EBIT margin
0.3%▲ 0.7pp
2023 · -0.4%
2018: 0.1%
2019: -0.8%
2020: -0.2%
2021: 0.0%
2022: -0.5%
2023: -0.4%
2018 → 2024
Net result
€1k▲ 426%
2023 · €255
2018: €3k
2019: €3k
2020: €2k
2021: €2k
2022: €1k
2023: €255
2018 → 2024
Working capital
€30k▲ 4.7%
2023 · €28k
2018: €184k
2019: €4.51M
2020: €25k
2021: €89k
2022: €28k
2023: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€8.92M-€7.53M▼ 15.6%€2.56M▼ 66.0%€79k▼ 96.9%€493k▲ 521%
Equity€25k-€27k▲ 6.3%€28k▲ 5.1%€29k▲ 0.9%€30k▲ 4.7%
Operating result€-15k-€-4k▲ 76.0%€-14k▼ 294%€-321▲ 97.7%€1k
Net result€2k-€2k▲ 4.6%€1k▼ 13.4%€255▼ 81.5%€1k▲ 426%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €321 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€178=
Current assets
€54k▼ 16.2%
Equity and liabilities €55k
Equity
€30k▲ 4.7%
Debt
€25k▼ 32.5%
The debt ratio falls from 56.2% to 45.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
54.8%▲
2023 · 43.8%
Current ratio
2.20▲
2023 · 1.78
Quick ratio
2.20▲
2023 · 1.78
Debt / equity
0.83▼
2023 · 1.28
ROE
4.5%▲
2023 · 0.9%
ROA
2.5%▲
2023 · 0.4%
Debt
€25k▼
2023 · €37k
Debt ≤ 1 year
€25k▼
2023 · €37k
Income taxes
€502▲
2023 · €93
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€65k€55k▼
Fixed assets21/28€178€178=
Financial fixed assets28€178€178=
Other financial fixed assets284/8€178€178=
Amounts receivable and cash guarantees285/8€178€178=
Current assets29/58€65k€54k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€55k€53k▼
Trade receivables40€28k€49k▲
Other amounts receivable41€27k€5k▼
Cash at bank and in hand54/58€10k€1k▼
Equity and liabilities
Total equity and liabilities10/49€65k€55k▼
Equity10/15€29k€30k▲
Contributions10/11€12k€12k=
Reserves13€569€569=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€569€569=
Profit (loss) carried forward14€16k€17k▲
Amounts payable17/49€37k€25k▼
Amounts payable within one year42/48€37k€25k▼
Trade debts44€36k€24k▼
Suppliers440/4€36k€24k▼
Taxes, remuneration and social security45€593€502▼
Taxes450/3€593€502▼
Income statement
Code20232024
Operating income70/76A€79k€493k▲
Turnover70€79k€493k▲
Operating charges60/66A€80k€491k▲
Goods for resale, raw materials and consumables60€68k€478k▲
Purchases600/8€68k€478k▲
Services and other goods61€10k€12k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€0-
Operating profit (loss)9901€-321€1k▲
Financial income75/76B€795€777▼
Recurring financial income75€795€777▼
Income from current assets751€795€777▼
Other financial income752/9€0-
Financial charges65/66B€127€182▲
Recurring financial charges65€127€182▲
Debt charges650€127€182▲
Profit (loss) for the period before taxes9903€347€2k▲
Income taxes67/77€93€502▲
Taxes670/3€93€502▲
Profit (loss) for the period9904€255€1k▲
Profit (loss) for the period to be appropriated9905€255€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€17k▲
Profit (loss) brought forward from the previous period14P€15k€16k▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €255 ▼81.5%
Net result drops to €255, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
31-12
Financial
Highest result since 2018net €3k ▲3.1%
Net result €3k, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 13.28
Current ratio from 2.28 to 13.28.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2006
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.
Quellinstraat 492018 AntwerpenGround area
819 m²
Building footprint
236 m²
Volume, LiDAR
5,927 m³
Parcel 11808H1236/00R003, Flanders · tallest building 28.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Havecon Serres
since 20062.158.795.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1236/00R003 | Flanders | 819 m² | 1 · 236 m² | 28.3 m · 8 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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Of 2,452 companies in sector 41003 we hold annual accounts for 1,055. 656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2006
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45213
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.