HANAREST
ActiveHANAREST has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.20M and a net result of €363k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 70% of 8578 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▼-71
Solvency77▼-12
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.51 in 2024), and 25.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.1%
Return on assets
4.3%
Age of the figures
8 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 31-08-2026, 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
12 d early
2022
11 d early
2021
11 d early
2020
8 d early
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6.20M▼ 9.3%
2024 · €6.84M
2018: €736k
2019: €1.78M
2020: €2.33M
2021: €4.13M
2022: €4.63M
2023: €5.49M
2024: €6.84M
2018 → 2025
Total assets
€8.37M▼ 10.5%
2024 · €9.35M
2018: €2.38M
2019: €5.80M
2020: €6.28M
2021: €8.49M
2022: €7.83M
2023: €9.18M
2024: €9.35M
2018 → 2025
Net result
€363k▼ 76.6%
2024 · €1.55M
2018: €199k
2019: €420k
2020: €561k
2021: €1.80M
2022: €800k
2023: €861k
2024: €1.55M
2018 → 2025
Working capital
€-61k
2024 · €961k
2018: €-224k
2019: €-219k
2020: €-508k
2021: €721k
2022: €577k
2023: €248k
2024: €961k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.13M-€4.63M▲ 12.1%€5.49M▲ 18.6%€6.84M▲ 24.7%€6.20M▼ 9.3%
Operating result€2.54M-€1.22M▼ 52.0%€1.29M▲ 5.7%€1.20M▼ 6.6%€654k▼ 45.7%
Net result€1.80M-€800k▼ 55.5%€861k▲ 7.5%€1.55M▲ 80.6%€363k▼ 76.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 46% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.37M
Fixed assets
€6.52M▲ 0.2%
Current assets
€1.85M▼ 34.9%
Equity and liabilities €8.37M
Equity
€6.20M▼ 9.3%
Debt
€2.16M▼ 13.7%
The debt ratio falls from 26.8% to 25.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€679k▼
2024 · €1.23M
Cash flow
€388k▼
2024 · €1.58M
Solvency
74.1%▲
2024 · 73.2%
Current ratio
0.97▼
2024 · 1.51
Quick ratio
0.97▼
2024 · 1.51
Debt / equity
0.35▼
2024 · 0.37
ROE
5.9%▼
2024 · 22.7%
ROA
4.3%▼
2024 · 16.6%
Interest coverage
4.48▼
2024 · 10.83
Debt
€2.16M▼
2024 · €2.51M
Debt ≤ 1 year
€1.91M▲
2024 · €1.88M
Debt > 1 year
€251k▼
2024 · €617k
Income taxes
€154k▼
2024 · €302k
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€9.35M€8.37M▼
Fixed assets21/28€6.51M€6.52M▲
Tangible fixed assets22/27€352k€362k▲
Land and buildings22€313k€297k▼
Plant, machinery and equipment23€31k€60k▲
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€6.16M€6.16M=
Current assets29/58€2.84M€1.85M▼
Amounts receivable after more than one year29€790k€829k▲
Other amounts receivable291€790k€829k▲
Amounts receivable within one year40/41€1.32M€372k▼
Trade receivables40€753k€122k▼
Other amounts receivable41€562k€250k▼
Current investments50/53€655k€618k▼
Cash at bank and in hand54/58€48k€18k▼
Deferred charges and accrued income490/1€32k€11k▼
Equity and liabilities
Total equity and liabilities10/49€9.35M€8.37M▼
Equity10/15€6.84M€6.20M▼
Contributions10/11€1.18M€1.18M=
Reserves13€5.67M€5.03M▼
Distributable reserves133€5.67M€5.03M▼
Amounts payable17/49€2.51M€2.16M▼
Amounts payable after more than one year17€617k€251k▼
Financial debts170/4€617k€251k▼
Amounts payable within one year42/48€1.88M€1.91M▲
Current portion of amounts payable after more than one year42€645k€378k▼
Financial debts43€297k€168k▼
Credit institutions430/8-€22k
Other loans439€297k€147k▼
Trade debts44€80k€29k▼
Suppliers440/4€80k€29k▼
Taxes, remuneration and social security45€19k€20k▲
Taxes450/3€19k€20k▲
Other amounts payable47/48€838k€1.31M▲
Accrued charges and deferred income492/3€13k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€1.23M€682k▼
Operating profit (loss)9901€1.20M€654k▼
Financial income75/76B€765k€14k▼
Recurring financial income75€765k€14k▼
Financial charges65/66B€113k€151k▲
Recurring financial charges65€113k€151k▲
Profit (loss) for the period before taxes9903€1.86M€517k▼
Income taxes67/77€302k€154k▼
Profit (loss) for the period9904€1.55M€363k▼
Profit (loss) for the period to be appropriated9905€1.55M€363k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.55M€363k▼
Transfer from equity791/2€200k€1.00M▲
Transfer to equity691/2€1.55M€362k▼
To other reserves6921€1.55M€362k▼
Profit to be distributed694/7€201k€1.00M▲
Return on contributions (dividend)694€201k€1.00M▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €5MEq €5.49M ▲18.6%
6 profitable years in a row build equity to €5.49M.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.80M ▲221%
Operating result €2.54M, net result €1.80M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.31
Current ratio from 0.61 to 1.31.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.33M ▲30.8%
3 profitable years in a row build equity to €2.33M.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.78M ▲142%
2 profitable years in a row build equity to €1.78M.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Beringen · 1 establishment unit since 2017
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.
Diestersesteenweg 1683583 BeringenGround area
1,301 m²
Building footprint
238 m²
Volume, LiDAR
1,147 m³
Parcel 71382C0273/00E000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HANAREST
since 20172.270.477.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71382C0273/00E000 | Flanders | 1,300 m² | 1 · 238 m² | 6.0 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 9,633 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.