NAHAR
Bankruptcy closedInactive since 24-09-2026; last annual accounts for fiscal year 2022.
Summary
NAHAR was declared bankrupt (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 15-09-2026, published in the Belgian State Gazette on 25-09-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
24 d late
2020
24 d late
2019
84 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€153k▼ 42.8%
2019 · €267k
EBIT margin
-45.3%▼ 46.4pp
2019 · 1.1%
Net result
€258▼ 99.5%
2021 · €50k
Working capital
€1k▲ 28.6%
2021 · €900
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Turnover€267k-€153k▼ 42.8%
Operating result€3k-€-69k€51k€2k▼ 96.5%
Net result€2k-€-70k€50k€258▼ 99.5%
EBIT margin1.1%--45.3%▼ 46.4pp
Equity€21k-€-49k€900€1k▲ 28.6%
Total assets€248k-€99k▼ 60.0%€34k▼ 65.6%€60k▲ 75.9%
Debt€226k-€148k▼ 34.6%€33k▼ 77.6%€59k▲ 77.2%
Working capital€21k-€-49k€900€1k▲ 28.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 96% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €60k
Equity
€1k ▲ 28.6%
Debt
€59k ▲ 77.2%
Debt's share of the balance-sheet total rises from 97.4% to 98.1%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.02▼
2021 · 1.03
Quick ratio
0.50▲
2021 · 0.11
Debt to equity
50.89
ROE
22.3%
ROA
0.4%▼
2021 · 146.1%
Debt ≤ 1 year
€59k▲
2021 · €33k
Staff costs
€4k▼
2021 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Turnover70 | €267k | €153k | - | - | - |
| Remuneration, social security and pensions62 | - | - | €6k | €4k | ▼ 28.9% |
| Gross operating margin9900 | €35k | €-53k | €57k | €6k | ▼ 89.4% |
| Operating profit (loss)9901 | €3k | €-69k | €51k | €2k | ▼ 96.5% |
| Financial charges65/66B | - | - | €1k | €2k | ▲ 53.1% |
| Recurring financial charges65 | €1k | €1k | €1k | €2k | ▲ 53.1% |
| Profit (loss) for the period before taxes9903 | €2k | €-70k | €50k | €258 | ▼ 99.5% |
| Profit (loss) for the period9904 | €2k | €-70k | €50k | €258 | ▼ 99.5% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-70k | €50k | €258 | ▼ 99.5% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €248k | €99k | €34k | €60k | ▲ 75.9% |
| Current assets29/58 | €248k | €99k | €34k | €60k | ▲ 75.9% |
| Stocks and contracts in progress3 | €30k | €37k | €30k | €31k | ▲ 1.2% |
| Stocks30/36 | - | - | €30k | €31k | ▲ 1.2% |
| Amounts receivable within one year40/41 | €204k | €62k | €3k | €29k | ▲ 766% |
| Trade receivables40 | - | - | - | €25k | - |
| Other amounts receivable41 | - | - | €3k | €4k | ▲ 6.0% |
| Cash at bank and in hand54/58 | €14k | €420 | €400 | €449 | ▲ 12.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €248k | €99k | €34k | €60k | ▲ 75.9% |
| Equity10/15 | €21k | €-49k | €900 | €1k | ▲ 28.6% |
| Contributions10/11 | €19k | - | €19k | €19k | = |
| Reserves13 | €269 | €269 | €269 | €269 | = |
| Non-distributable reserves130/1 | - | - | €269 | €269 | = |
| Reserves not available under the articles1311 | - | - | €269 | €269 | = |
| Profit (loss) carried forward14 | €3k | €-68k | €-18k | €-18k | ▲ 1.4% |
| Amounts payable17/49 | €226k | €148k | €33k | €59k | ▲ 77.2% |
| Amounts payable within one year42/48 | €226k | €148k | €33k | €59k | ▲ 77.2% |
| Financial debts43 | - | - | - | €324 | - |
| Credit institutions430/8 | - | - | - | €324 | - |
| Trade debts44 | €61k | €109k | €995 | €26k | ▲ 2,506% |
| Suppliers440/4 | - | - | €995 | €26k | ▲ 2,506% |
| Taxes, remuneration and social security45 | - | - | €25k | €31k | ▲ 22.3% |
| Taxes450/3 | - | - | €4k | €9k | ▲ 106% |
| Remuneration and social security454/9 | - | - | €21k | €22k | ▲ 4.2% |
| Other amounts payable47/48 | - | - | €7k | €2k | ▼ 74.8% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-70k | €50k | €258 | ▼ 99.5% |
| Operating cash flow (approximation) | €2k | €-70k | €50k | €258 | ▼ 99.5% |
| Change in cash | - | €-14k | €-21 | €49 | ▲ 337% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 15-09-2026
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-70k
Net result drops to €-70k, the lowest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Anderlecht
Ground area
151 m²
Building footprint
107 m²
Volume, LiDAR
1,186 m³
Parcel 21305B0222/00F009, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0222/00F009 | Brussels | 151 m² | 1 · 107 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.