Active BE 0548.916.466Private limited company

HRV

· 12 yrs active

Sector: NACE 82200 (82200)

Conclusion Checked

The computed 12-month bankruptcy probability of HRV is 0.9% (low). The 2018 annual accounts show negative equity (€-288k) and a net result of €-296k. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-288k
Net result	€-296k
Staff (FTE)	115.4
Active	12 yrs

Snowflake analysis 5 axes · computed by Checked

58 / 100

Mixed profile: strong on profitability, weaker on health.

Health 20

Profitability 100

Solvency 34

Growth 50

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

0.9% Low

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2014, 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2018 · computed

20 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 05-09-2019 with the NBB · fiscal year 2018 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Revenue	-
EBITDA	€50k
Net profit	€-296k
Cash flow	€-107k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€5.14M
Equity	€-288k
Debt	€5.43M
of which ≤ 1y	€5.20M
of which > 1y	€225k
Working capital	€-2.54M
Employees (FTE)	115.4

Ratios (computed)

	2018
Current ratio	0.51
Quick ratio	0.51
Working capital ratio	-49.4%
Solvency	-5.6%
Debt / equity	-0.78
Long-term debt ratio	-0.78
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-5.8%
ROE	102.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €2.47M · 48.1% Current assets €2.67M · 51.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€5.14M
Fixed assets	21/28	€2.47M
Formation expenses	20	€2k
Intangible fixed assets	21	€1.02M
Tangible fixed assets	22/27	€59k
Financial fixed assets	28	€1.40M
Current assets	29/58	€2.67M
Amounts receivable within one year	40/41	€2.20M
Investments	50/53	€4k
Cash & bank	54/58	€114k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€5.14M
Equity	10/15	€-288k
Contributions / capital	10/11	€7k
Reserves	13	€2k
Accumulated profits (losses)	14	€-296k
Amounts payable	17/49	€5.43M
Amounts payable after one year	17	€225k
Amounts payable within one year	42/48	€5.20M
Trade debts payable within one year	44	€2.95M
Income statement
Gross operating margin	9900	€3.98M
Operating result	9901	€-138k
Financial income	75	€2
Financial charges	65	€159k
Result before taxes	9903	€-298k
Net result for the period	9904	€-298k
Result to be appropriated	9905	€-298k

Ratios computed by Checked.

Legal Structure

NACE primary	82200
Legal form	Private limited company(610)
Incorporation	26-03-2014
Status	Active
Postal code	-

Establishment units 1 location

Harvest Group

Noorderplaats 9, 2000 AntwerpenGroothandel in elektronische en telecommunicatieapparatuur en delen daarvan

since 20142.231.864.189

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11802B0059/00S002	Flanders	5,943 m²	1 · 2,789 m²	77.8 m · 9 fl.
11808H1298/00C000	Flanders	3,154 m²	1 · 897 m²	25.8 m · 8 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2019

05-09-2019