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HAZEBROUCK

Active
Private limited companyfounded 200224 yrs activeCornet d'en Haut(HTM) 35, 7781 Comines-Warneton, BelgiumKBO/BCE: BE 0477.809.429

HAZEBROUCK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €16k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 60% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+51
Solvency81▲+15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.6 in 2024; short-term debt: 43.3% and cash: 24% of total assets), and 44.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
55.8%
Return on assets
17.1%
Age of the figures
12 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
15 d early
2023
36 d early
2022
45 d early
2021
45 d early
2020
43 d early
2019
34 d early
← before the deadline after the deadline →
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 months
Position in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€51k▲ 44.2%
2024 · €35k
2018: €9k 2019: €19k 2020: €24k 2021: €31k 2022: €35k 2023: €36k 2024: €35k
2018 → 2025
Total assets
€91k▲ 7.0%
2024 · €85k
2018: €87k 2019: €70k 2020: €76k 2021: €69k 2022: €88k 2023: €69k 2024: €85k
2018 → 2025
Net result
€16k
2024 · €-876
2018: €-774 2019: €9k 2020: €5k 2021: €7k 2022: €5k 2023: €804 2024: €-876
2018 → 2025
Working capital
€42k▲ 46.4%
2024 · €29k
2018: €23k 2019: €32k 2020: €30k 2021: €29k 2022: €44k 2023: €29k 2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€31k-€35k▲ 14.9%€36k▲ 2.3%€35k▼ 2.4%€51k▲ 44.2%
Operating result€9k-€7k▼ 18.5%€2k▼ 69.8%€526▼ 75.6%€23k▲ 4,240%
Net result€7k-€5k▼ 35.0%€804▼ 82.4%€-876€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €9k€9kNet result 2021: €7k€7kOperating result 2022: €7k€7kNet result 2022: €5k€5kOperating result 2023: €2k€2kNet result 2023: €804€804Operating result 2024: €526€526Net result 2024: €-876€-876Operating result 2025: €23k€23kNet result 2025: €16k€16k20212022202320242025
The operating result recovers in 2025; 2025 is 4,240% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets €9k▲ 18.7%
Current assets €82k▲ 5.8%
Equity and liabilities €91k
Equity €51k▲ 44.2%
Debt €40k▼ 19.2%
The debt ratio falls from 58.6% to 44.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27k
2024 · €4k
Cash flow
€19k
2024 · €3k
Solvency
55.8%
2024 · 41.4%
Current ratio
2.08
2024 · 1.60
Quick ratio
1.64
2024 · 1.31
Debt / equity
0.79
2024 · 1.42
ROE
30.6%
2024 · -2.5%
ROA
17.1%
2024 · -1.0%
Interest coverage
12.42
2024 · 2.59
Debt
€40k
2024 · €50k
Debt ≤ 1 year
€39k
2024 · €48k
Income taxes
€6k
2024 · €0
Staff costs
€2k
2024 · €25k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€85k€91k
Fixed assets21/28€8k€9k
Tangible fixed assets22/27€8k€9k
Plant, machinery and equipment23€7k€6k
Furniture and vehicles24€271€3k
Current assets29/58€77k€82k
Stocks and contracts in progress3€14k€17k
Stocks30/36€14k€17k
Amounts receivable within one year40/41€35k€33k
Trade receivables40€32k€30k
Other amounts receivable41€3k€3k
Cash at bank and in hand54/58€11k€22k
Deferred charges and accrued income490/1€17k€10k
Equity and liabilities
Total equity and liabilities10/49€85k€91k
Equity10/15€35k€51k
Contributions10/11€6k€6k=
Reserves13€28k€43k
Distributable reserves133€28k€43k
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€50k€40k
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€48k€39k
Current portion of amounts payable after more than one year42€3k€1k
Trade debts44€20k€14k
Suppliers440/4€20k€14k
Taxes, remuneration and social security45€11k€10k
Taxes450/3€132€350
Remuneration and social security454/9€11k€9k
Other amounts payable47/48€14k€15k
Accrued charges and deferred income492/3€308€817
Income statement Code20242025
Remuneration, social security and pensions62€25k€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€437€461
Gross operating margin9900€30k€29k
Operating profit (loss)9901€526€23k
Financial income75/76B€277€383
Recurring financial income75€277€383
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€-876€21k
Income taxes67/77€0€6k
Profit (loss) for the period9904€-876€16k
Profit (loss) for the period to be appropriated9905€-876€16k
Appropriation of the result
Profit (loss) to be appropriated9906€1k€17k
Profit (loss) brought forward from the previous period14P€2k€1k
Transfer to equity691/2-€16k
To other reserves6921-€16k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
31-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
15-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet €-876 ▼209%
Net result drops to €-876, the lowest in the series; recovery starts the following year.
25-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
28-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
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, Comines-Warneton · 1 establishment unit since 2002
establishment approximate The establishment unit on the map
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.

Cornet d'en Haut(HTM) 357781 Comines-Warneton
Ground area
1,450 m²
Building footprint
164 m²
Volume, LiDAR
1,009 m³
Parcel 54005B0244/00N000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cornet d'en Haut(HTM) 35 A, 7781 Comines-Warneton
NACE 4511102
since 20022.114.949.792
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54005B0244/00N000 Wallonia 1,449 m² 1 · 164 m² 8.2 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.

Similar companies · same sector, comparable size

Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,070 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-06-2002
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43410Roofing work
45211
45220
42220Construction of utility projects for electricity and telecommunications
43320Joinery installation
45215
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.