432Hertz
The computed 12-month bankruptcy probability of 432Hertz is 1.8% (moderate). The 2025 annual accounts show equity of €448k and a net result of €-11k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 185 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €448k |
| Net result | €-11k |
| Better than sector | 95% |
| Active | 3 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.6% | 42.6% | |
| Net result | €-11k | €159k | |
| Equity | €448k | €1.19M | |
| Gross operating margin | €-5k | €188k | |
| Total assets | €500k | €3.26M |
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-11k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €500k |
| Equity | €448k |
| Debt | €52k |
| of which ≤ 1y | €52k |
| of which > 1y | - |
| Working capital | €327k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 7.28 |
| Quick ratio | 7.28 |
| Working capital ratio | 65.3% |
| Solvency | 89.6% |
| Debt / equity | 0.12 |
| Long-term debt ratio | - |
| Interest coverage | -77.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.2% |
| ROE | -2.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €500k |
| Fixed assets | 21/28 | €122k |
| Tangible fixed assets | 22/27 | €119k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €378k |
| Amounts receivable within one year | 40/41 | €323k |
| Cash & bank | 54/58 | €55k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €500k |
| Equity | 10/15 | €448k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €445k |
| Amounts payable | 17/49 | €52k |
| Amounts payable within one year | 42/48 | €52k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-11k |
| Financial charges | 65 | €74 |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
| NACE primary | Wholesale trade(46643) |
| Legal form | Private limited company(610) |
| Incorporation | 08-02-2023 |
| Status | Active |
| Postal code | 6000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52011B0239/00F174 | Wallonia | 152 m² | 1 · 38 m² | 11.6 m · 3 fl. |
| 52392C0368/00T005 | Wallonia | 93 m² | 1 · 27 m² | 10.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-03-2024 Registered office moved to Charleroi
- 6000 Charleroi, Rue Fernande Volral 7
Technical details
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"events": [
{
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"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": "Rue des Forgerons 62 : 6001 Charleroi",
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"region": "waals_gewest",
"street": "Rue des Forgerons",
"country": "BE",
"postcode": "6001",
"box_number": null,
"street_number": "62",
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"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": "La soci\u00E9t\u00E9 aura pour objet, tant en Belgique qu\u2019\u00E0 l\u2019\u00E9tranger, soit directement, soit comme interm\u00E9diaire, tant pour elle-m\u00EAme que pour le compte de tiers ou en participation :\n- L\u2019activit\u00E9 de soci\u00E9t\u00E9 holding : les activit\u00E9s des soci\u00E9t\u00E9s qui font la supervision et la gestion d\u2019autres\nunit\u00E9s de la m\u00EAme soci\u00E9t\u00E9 ou entreprise, la prise en charge du r\u00F4le de planification et de direction\nstrat\u00E9gique ou organisationnelle de la soci\u00E9t\u00E9 ou entreprise, l\u2019exercice du contr\u00F4le op\u00E9rationnel et la\ngestion des",
"statute_article_number": 3,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
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{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "6000 Charleroi, Rue Fernande Volral 7",
"city": "Charleroi",
"region": "waals_gewest",
"street": "Rue Fernande Volral",
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],
"notary": {
"name": "Nicolas Rousseaux",
"firm_city": null,
"firm_name": "Nicolas Rousseaux, Notaire",
"office_city": "Charleroi",
"is_associated": true
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-03-06",
"filing_date": "2024-03-03",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2024-02-16",
"unanimous": true
},
"subject_company": {
"kbo": "0798.233.982",
"name_full": "WattSolutions",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nicolas ROUSSEAUX",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad - 06/03/2024 - Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | 432Hertz |