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Haymarket

Active
Public limited companyfounded 2013active for 13 yearsVrijheid 90, 2370 Arendonk, BelgiumKBO/BCE: BE 0525.870.652
Summary

Haymarket has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€1.8m. Equity is shrinking by about 2.6% per year across the filed financial years. Its solvency ranks better than 8% of 5,674 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
10th largest company by total assets in Arendonk, Real estate sector1 site
Size
€8.0mtotal assets 2025
Equity
-€1.1m
Loss
-€1.8m
Net result -1,023%: other schema
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Holdings
1
Accounts filed 28 days late0 of 9 deeds read
Why 53raises riskCapped at 59: negative equityLoss of €1.8m, the second in a row (financial year 2025)Negative equity -€1.1mLiquidity: current ratio 1.10, cash €176,270lowers riskSize: total assets €8.0mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 7% of its sector peers (NACE 68, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 11-22
equity -13.5% of total assets
Liquidity 28-3
short-term debt 50.3% · cash 2.2%
Profitability 0-33
return on assets -22.2%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,970 companies, NACE 68, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value
No credit on open account
Liquidity tight (current ratio 1.1, compared with 1.23 in 2024, below the usual 1.5; short-term debt: 50.3% and cash: 2.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 5% on solvency, 21% on liquidity, 1% on profitability and 2% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €8.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €1.8m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€1.1m
NBB · annual accounts
raises risk · Liquidity: current ratio 1.10, cash €176,270
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.1m
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
3 days early
2023
14 days early
2022
31 days early
2021
18 days early
2020
15 days early
2019
47 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€1.8m
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.1m View
  • Caution: Result fell in 2025different schema filed ▼ 1,023% View
  • Caution: Among the weakest 5% on net resultsector median €21,064 · 5,680 companies -€1.8m View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€1.8m View

By topic

Financials

Financial year
2025
Total assets
€8.0m
Loss
-€1.8m
Solvency
-13.5%
Total assets▼ 10.5%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2014
Next accounts
by 31-07-2027
  1. 17-07-2024Annual accounts filed
  2. 30-06-2023Annual accounts filed
  3. 31-12-2022Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
28-03-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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