ACTIVE

HARO

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Financial year 2025 · closed on 31/12/2025

Net result

39,9 k €

-62.7% YoY

Gross margin

396,3 k €

-14.1% YoY

Equity

529,1 k €

+8.1% YoY

Workforce

1,7 ETP

+13.3% YoY

What does HARO do?

HARO is a Private limited company incorporated in 1980. Its main activity is: Manufacture of ice cream. Its registered office is in Ranst. It employs on average 1,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0420.524.692

Incorporation

22/05/1980

Legal form

Private limited company

Registered office

Spruytershofstraat 10
2520 Ranst · FlandreSee on map

Contributed capital

18 750,00 €

Latest accounts

31/12/2025

Average workforce

1,7 ETP

Activities (NACE)

10520Manufacture of ice cream· main 10520Manufacture of ice cream 15520Manufacture of leather and related products 46391Non-specialised wholesale of food, beverages and tobacco 46391Non-specialised wholesale of food, beverages and tobacco 51391Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	396,3 k €	-14.1%	461,6 k €	+19.8%	385,2 k €	+4.7%	367,9 k €	+59.2%	231,1 k €	+31.6%	175,6 k €	-1.6%	178,4 k €	-4.6%	187 k €	+10.8%	168,7 k €	+3.4%	163,2 k €	-11.7%	184,9 k €	+17.4%	157,5 k €	+16.9%	134,7 k €	+2.4%	131,6 k €	-6.4%	140,6 k €	+10.8%	126,9 k €	+53.3%	82,8 k €	+4.2%	79,4 k €	+16.9%	67,9 k €	-13.9%	78,9 k €
EBITDA	281,6 k €	-22.5%	363,4 k €	+26.4%	287,4 k €	+18.6%	242,3 k €	+64.9%	146,9 k €	+29.0%	113,9 k €	+37.4%	82,9 k €	-14.3%	96,7 k €	+36.0%	71,1 k €	+12.4%	63,2 k €	-31.0%	91,6 k €	-2.4%	93,9 k €	+5.5%	89 k €	+0.5%	88,6 k €	-2.4%	90,8 k €	+8.8%	83,5 k €	+29.7%	64,3 k €	-11.5%	72,7 k €	+13.5%	64 k €	-14.3%	74,8 k €
Operating result	110 k €	-44.3%	197,3 k €	+13.8%	173,4 k €	+22.3%	141,8 k €	+115%	65,9 k €	+60.2%	41,1 k €	+46.5%	28,1 k €	-20.7%	35,4 k €	+60.6%	22,1 k €	-23.7%	28,9 k €	+3.8%	27,9 k €	-10.3%	31,1 k €	-23.7%	40,7 k €	+52.8%	26,7 k €	-36.2%	41,8 k €	+176%	15,1 k €	-17.3%	18,3 k €	-39.1%	30,1 k €	+11.3%	27 k €	-29.9%	38,6 k €
Net result	39,9 k €	-62.7%	106,9 k €	+2.4%	104,3 k €	+13.2%	92,2 k €	+131%	39,8 k €	+116%	18,4 k €	+420%	3,5 k €	-67.4%	10,9 k €	+696%	-1,8 k €	-137%	4,9 k €	+53.9%	3,2 k €	-38.5%	5,2 k €	-10.1%	5,8 k €	-41.6%	9,9 k €	-9.2%	10,9 k €	+163%	-17,3 k €	-1506%	1,2 k €	-92.7%	17 k €	+31.1%	12,9 k €	-50.6%	26,1 k €
Balance sheet
Equity	529,1 k €	+8.1%	489,2 k €	+27.9%	382,3 k €	+37.5%	278 k €	+49.6%	185,8 k €	+27.3%	146 k €	+14.4%	127,6 k €	+2.9%	124 k €	+9.6%	113,2 k €	-1.6%	115 k €	+4.5%	110,1 k €	+3.0%	106,9 k €	+5.1%	101,7 k €	+6.0%	96 k €	+11.5%	86,1 k €	+14.4%	75,2 k €	-18.7%	92,6 k €	+12.8%	82 k €	+15.4%	71,1 k €	+22.2%	58,2 k €
Total assets	1,6 M €	+8.8%	1,5 M €	-3.8%	1,6 M €	+67.9%	935,7 k €	+8.7%	860,7 k €	+13.6%	757,7 k €	-9.5%	836,8 k €	+24.1%	674,2 k €	+0.4%	671,3 k €	+13.9%	589,4 k €	-10.9%	661,6 k €	+7.2%	617,1 k €	-7.4%	666,1 k €	+8.4%	614,3 k €	-1.2%	621,6 k €	-2.9%	640 k €	+61.6%	395,9 k €	-6.5%	423,3 k €	+69.1%	250,4 k €	+1.7%	246,1 k €
Cash	77,3 k €	-9.2%	85,1 k €	-54.4%	186,5 k €	+48.2%	125,8 k €	-3.1%	129,9 k €	+15.5%	112,5 k €	+21.7%	92,5 k €	+61.8%	57,1 k €	+46.6%	39 k €	-30.6%	56,1 k €	-34.4%	85,6 k €	+90.0%	45,1 k €	-14.7%	52,8 k €	+28.4%	41,1 k €	+174%	15 k €	-22.1%	19,3 k €	-63.9%	53,3 k €	+52.4%	35 k €	+169%	13 k €	-47.5%	24,8 k €
Debts	1,1 M €	+9.1%	1 M €	-14.0%	1,2 M €	+80.6%	657,6 k €	-2.5%	674,2 k €	+10.4%	610,7 k €	-13.6%	706,9 k €	+28.7%	549,4 k €	-1.5%	557,8 k €	+18.3%	471,4 k €	-14.0%	547,8 k €	+7.6%	509 k €	-9.6%	563,1 k €	+8.7%	518 k €	-3.2%	535,1 k €	-5.2%	564,3 k €	+87.0%	301,8 k €	-11.5%	340,9 k €	+90.3%	179,2 k €	-4.2%	187 k €
Other
Workforce	1,7 ETP	+13.3%	1,5 ETP	+7.1%	1,4 ETP	-22.2%	1,8 ETP	+20.0%	1,5 ETP	+50.0%	1,0 ETP	-44.4%	1,8 ETP	+50.0%	1,2 ETP	-33.3%	1,8 ETP	+28.6%	1,4 ETP	-39.1%	2,3 ETP	+53.3%	1,5 ETP	+50.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+42.9%	0,7 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Andy Verhoeven

Director · since 05 décembre 2023

Active

Dave Verhoeven

Director · since 05 décembre 2023

Active

Jozef Verhoeven

Director · since 05 décembre 2023

Active

Ended mandates

Andy Verhoeven

Director · since 18 avril 2000

Ended

Andy Verhoeven

Manager · since 18 avril 2000

Ended

Dave Verhoeven

Director · since 18 avril 2000

Ended

Dave Verhoeven

Manager · since 18 avril 2000

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/06/2026	20/06/2025	31/05/2024	20/06/2023	21/06/2022	21/08/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	20/06/2026	Dutch	PDF
Abridged model	31/12/2024	23/05/2025	20/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	31/05/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	21/08/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	28/05/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	23/07/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	20/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	21/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	30/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	06/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	16/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Andy Verhoeven

Director · since 05 décembre 2023

Active

Dave Verhoeven

Director · since 05 décembre 2023

Active

Jozef Verhoeven

Director · since 05 décembre 2023

Active

Ended mandates

Andy Verhoeven

Director · since 18 avril 2000

Ended

Andy Verhoeven

Manager · since 18 avril 2000

Ended

Dave Verhoeven

Director · since 18 avril 2000

Ended

Dave Verhoeven

Manager · since 18 avril 2000

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202539,9 k €↓
2024
Annual accounts 2024106,9 k €↑
2023
Annual accounts 2023104,3 k €↑
2022
Annual accounts 202292,2 k €↑
2021
Annual accounts 202139,8 k €↑
2020
Annual accounts 202018,4 k €↑
2019
Annual accounts 20193,5 k €↓
2018
Annual accounts 201810,9 k €↑
2017
Annual accounts 2017-1,8 k €↓
2016
Annual accounts 20164,9 k €↑
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 20145,2 k €↓
2013
Annual accounts 20135,8 k €↓
2012
Annual accounts 20129,9 k €↓
2011
Annual accounts 201110,9 k €↑
2010
Annual accounts 2010-17,3 k €↓
2009
Annual accounts 20091,2 k €↓
2008
Annual accounts 200817 k €↑
2007
Annual accounts 200712,9 k €↓
2006
Annual accounts 200626,1 k €
22/05/1980
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HARO

Overview

What does HARO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline