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Harley

Active
Private limited companyfounded 20251 yr activeSint-Michielslaan 82, 1040 Etterbeek, BelgiumKBO/BCE: BE 1021.868.868
Summary

Harley has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,010 and a net result of -€9,990. Its solvency ranks better than 88% of 531 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes
Profitability0
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.61; short-term debt: 21% and cash: 47.5% of total assets), and 21% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
79%
Return on assets
-39.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 1 filing
Deviation from the deadline
2025
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 2 April 2025, Harley was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€20,010
Total assets
€25,339
Net result
-€9,990
Working capital
€13,910

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €23,437
Fixed assets €4,198
Current assets €19,239
Equity and liabilities €25,339
Equity €20,010
Debt €5,329
Debt finances 21.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€9,146
Cash flow
-€9,193
Current ratio
3.61
Debt to equity
0.27
ROE
-49.9%
ROA
-39.4%
Interest coverage
-191.49
Debt ≤ 1 year
€5,329

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.2% went bankrupt
6.0% stopped otherwise
92% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 584 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€25,339
Formation expenses20€1,902
Fixed assets21/28€4,198
Intangible fixed assets21€4,198
Current assets29/58€19,239
Amounts receivable within one year40/41€944
Other amounts receivable41€944
Cash at bank and in hand54/58€12,043
Deferred charges and accrued income490/1€6,252
Equity and liabilities
Total equity and liabilities10/49€25,339
Equity10/15€20,010
Contributions10/11€30,000
Profit (loss) carried forward14-€9,990
Amounts payable17/49€5,329
Amounts payable within one year42/48€5,329
Trade debts44€366
Suppliers440/4€366
Other amounts payable47/48€4,963
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€797
Gross operating margin9900-€9,146
Operating profit (loss)9901-€9,942
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903-€9,990
Profit (loss) for the period9904-€9,990
Profit (loss) for the period to be appropriated9905-€9,990
Appropriation of the result
Profit (loss) to be appropriated9906-€9,990

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€797
Gross operating margin9900-€9,146
Operating profit (loss)9901-€9,942
Financial charges65/66B€48
Recurring financial charges65€48
Profit (loss) for the period before taxes9903-€9,990
Profit (loss) for the period9904-€9,990
Profit (loss) for the period to be appropriated9905-€9,990
Line2025
Assets
Total assets20/58€25,339
Formation expenses20€1,902
Fixed assets21/28€4,198
Intangible fixed assets21€4,198
Current assets29/58€19,239
Amounts receivable within one year40/41€944
Other amounts receivable41€944
Cash at bank and in hand54/58€12,043
Deferred charges and accrued income490/1€6,252
Equity and liabilities
Total equity and liabilities10/49€25,339
Equity10/15€20,010
Contributions10/11€30,000
Profit (loss) carried forward14-€9,990
Amounts payable17/49€5,329
Amounts payable within one year42/48€5,329
Trade debts44€366
Suppliers440/4€366
Other amounts payable47/48€4,963
Line2025
Profit (loss) for the period9904-€9,990
+ Depreciation and write-downs630€797
Operating cash flow (approximation)-€9,193

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
NBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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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, Etterbeek · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,045 m²
Building footprint
737 m²
Volume, LiDAR
15,782 m³
Parcel 21362B0293/00F002, Brussels · tallest building 29.6 m, ±8 floors. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
Tiny Explorers
Sint-Michielslaan 82, 1040 EtterbeekDay nurseries and crèches
since 20252.373.155.181
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0293/00F002 Brussels 1,045 m² 1 · 737 m² 29.6 m · 8 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.

Similar companies · same sector, comparable size

Of 1,589 companies in sector 88911 we hold annual accounts for 709. 387 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-04-2025
Fiscal year end31-12
Legal name NL Tiny Explorers
Activities, NACEBEL 2025
88911Day nurseries and crèches
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021868868
Also 9925:BE1021868868
Registered 03-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.