Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HARELLA from Gent, company number BE1005549906, closed financial year 2025 with a result of € 213,296 after tax. For that financial year HARELLA recorded a gross margin of € 39,872 and equity of € 193,436. Compared with financial year 2024, the result moved from € -22,360 to € 213,296. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 193,436
▲ € 213,296 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 213,296
▲ still € 22,360 loss in 2024
Profit after tax over the fiscal year.
€ 180,336
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 190,936.
People and assets in 2025
€ 31,370
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.3 million
▼ 8% vs 2024
€ 275,331 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1,527
Supplier invoices still open on the last day of the fiscal year.
€ 38,338
▲ 268% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 44,560 | € 39,872 | ▼ 11% |
| Profit after taxes | € -22,360 | € 213,296 | ▲ € 235,656 |
| Equity | € -19,860 | € 193,436 | ▲ € 213,296 |
| Total debts | € 3,795,724 | € 3,537,723 | ▼ 7% |
| Cash | € 171,830 | € 180,336 | ▲ 5% |
| Retained profit | € -22,360 | € 190,936 | ▲ € 213,296 |
| Bank debt | € 3,537,762 | € 3,262,758 | ▼ 8% |
| Balance sheet total | € 3,775,864 | € 3,731,159 | ▼ 1% |
Key figures of HARELLA, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HARELLA?
What happened at HARELLA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 213,296. Source: NBB ↗
- New establishment in Gent. KBO
- Harmony De Smet became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,360 loss in 2024 to € 213,296 profit in 2025.
Paid € 19,373 in corporate taxes since 2024.
Best year ever: 2025, with € 213,296 profit.
Management
Behind HARELLA is Harmony De Smet. It owns 100% of Jovany itself.
Directors
According to the 2025 annual accounts
Harmony De Smet
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Kraanlei 41
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.549.906
- VAT number
- BE 1005.549.906
- Registered office
- Kraanlei 41, 9000 Gent
- Names & denominations
- HARELLA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2024
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings