HAZARD
ActiveSummary
HAZARD has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €627k and a net result of €109k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 479 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-4
Solvency85▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.69 in 2024; short-term debt: 34.5% and cash: 8.7% of total assets), and 40.3% of the assets are financed with debt.
Credit check for your own amount and term
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 01
Relative position
BE, all sectors
reference
Sector 01
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
59.7%
Return on assets
10.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
125 d early
2023
140 d early
2022
139 d early
2021
124 d early
2020
74 d early
2019
77 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€109k▼ 31.0%
2024 · €157k
2018: €97k
2019: €39k
2020: €45k
2021: €82k
2022: €96k
2023: €139k
2024: €157k
2018 → 2025
Working capital
€431k▼ 8.0%
2024 · €468k
2018: €192k
2019: €197k
2020: €243k
2021: €270k
2022: €242k
2023: €333k
2024: €468k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€375k-€438k▲ 16.8%€481k▲ 9.7%€638k▲ 32.8%€627k▼ 1.8%
Operating result€116k-€118k▲ 2.3%€187k▲ 57.8%€228k▲ 22.1%€154k▼ 32.3%
Net result€82k-€96k▲ 16.8%€139k▲ 45.2%€157k▲ 13.0%€109k▼ 31.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€258k ▼ 38.4%
Current assets
€793k ▲ 6.3%
Equity and liabilities €1.05M
Equity
€627k ▼ 1.8%
Debt
€424k ▼ 19.5%
Debt's share of the balance-sheet total falls from 45.2% to 40.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€346k▼
2024 · €413k
Cash flow
€301k▼
2024 · €342k
Current ratio
2.19▼
2024 · 2.69
Quick ratio
2.10▼
2024 · 2.64
Debt to equity
0.68▼
2024 · 0.82
ROE
17.3%▼
2024 · 24.7%
ROA
10.3%▼
2024 · 13.5%
Interest coverage
72.17▲
2024 · 59.22
Debt ≤ 1 year
€362k▲
2024 · €277k
Debt > 1 year
€62k▼
2024 · €249k
Income taxes
€45k▼
2024 · €67k
Staff costs
€656k▼
2024 · €693k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.16M€1.05M▼
Fixed assets21/28€418k€258k▼
Tangible fixed assets22/27€417k€257k▼
Plant, machinery and equipment23€11k€20k▲
Furniture and vehicles24€407k€237k▼
Financial fixed assets28€1k€1k=
Current assets29/58€746k€793k▲
Stocks and contracts in progress3€13k€31k▲
Stocks30/36€13k€31k▲
Amounts receivable within one year40/41€459k€468k▲
Trade receivables40€429k€408k▼
Other amounts receivable41€29k€60k▲
Current investments50/53€200k€200k=
Cash at bank and in hand54/58€65k€91k▲
Deferred charges and accrued income490/1€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.05M▼
Equity10/15€638k€627k▼
Contributions10/11€20k€20k=
Reserves13€617k€606k▼
Distributable reserves133€617k€606k▼
Profit (loss) carried forward14€493€691▲
Amounts payable17/49€526k€424k▼
Amounts payable after more than one year17€249k€62k▼
Financial debts170/4€249k€62k▼
Amounts payable within one year42/48€277k€362k▲
Current portion of amounts payable after more than one year42€198k€187k▼
Trade debts44€21k€37k▲
Suppliers440/4€21k€37k▲
Taxes, remuneration and social security45€16k€18k▲
Taxes450/3€16k€18k▲
Other amounts payable47/48€42k€120k▲
Income statement
Code20242025
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€693k€656k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185k€192k▲
Other operating charges640/8€8k€8k▲
Non-recurring operating charges66A€1k€14k▲
Gross operating margin9900€1.11M€1.03M▼
Operating profit (loss)9901€228k€154k▼
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€225k€154k▼
Income taxes67/77€67k€45k▼
Profit (loss) for the period9904€157k€109k▼
Profit (loss) for the period to be appropriated9905€157k€109k▼
Appropriation of the result
Profit (loss) to be appropriated9906€162k€109k▼
Profit (loss) brought forward from the previous period14P€4k€493▼
Transfer from equity791/2-€120k
Transfer to equity691/2€161k€108k▼
To other reserves6921€161k€108k▼
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€120k
Social balance
Average headcount (FTE)908711.910.9▼
The notes to these accounts (17 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €157k ▲13%
Operating result €228k, net result €157k, both a record.
31-12
Financial
Equity above €500kEq €638k ▲32.8%
7 profitable years in a row build equity to €638k.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €39k ▼59.4%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tournai · 1 establishment unit since 2012
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.
Grand'Route(G-R) 927530 TournaiGround area
3,417 m²
Building footprint
151 m²
Volume, LiDAR
782 m³
Parcel 57033A0143/00R000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hazard
since 20122.202.679.463
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57033A0143/00R000 | Wallonia | 3,417 m² | 1 · 151 m² | 7.1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTournai2.202.679.463
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Apers Agro
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
49410Freight transport by road
01130Growing of vegetables, melons, roots and tubers
01410Raising of dairy cattle
01420Raising of other cattle and buffaloes
46610Wholesale trade
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.