A.H.L.
ActiveSummary
The computed 12-month bankruptcy probability of A.H.L. is 2.5% (moderate). The 2025 annual accounts show negative equity (€-4k) and a net result of €569. Equity is shrinking by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 9% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▲+33
Solvency20▲+4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 0.92 in 2024; short-term debt: 92.8% and cash: 11.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.3%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 5 filingsDeviation from the deadline
2025
27 d late
2024
61 d late
2022
120 d late
2021
116 d late
2020
117 d late
← 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, micro schema
Equity
€-4k▲ 12.3%
2024 · €-5k
2020: €-1k
2021: €-1k
2022: €7k
2024: €-5k
2020 → 2025
Total assets
€77k▲ 48.9%
2024 · €52k
2020: €61k
2021: €80k
2022: €64k
2024: €52k
2020 → 2025
Net result
€569
2024 · €-7k
2020: €-4k
2021: €325
2022: €8k
2024: €-7k
2020 → 2025
Working capital
€-2k▲ 52.7%
2024 · €-5k
2020: €-1k
2021: €-1k
2022: €41k
2024: €-5k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€-1k-€-1k▲ 23.3%€7k€-5k€-4k▲ 12.3%
Operating result€-4k-€375€7k▲ 1,765%€-5k€569
Net result€-4k-€325€8k▲ 2,282%€-7k€569
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €569 after a loss of €5k in 2024.
Balance-sheet composition
Assets €77k
Fixed assets
€8k
Current assets
€69k
Key figures and ratios
EBITDA
€2k
Cash flow
€2k
Solvency
-5.3%▲
2024 · -9.0%
Current ratio
0.97▲
2024 · 0.92
Debt to equity
-19.88▼
2024 · -12.12
ROA
0.7%▲
2024 · -12.7%
Debt
€81k▲
2024 · €56k
Debt ≤ 1 year
€71k▲
2024 · €56k
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 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€52k€77k▲
Fixed assets21/28-€8k
Tangible fixed assets22/27-€8k
Furniture and vehicles24-€8k
Current assets29/58€52k€69k▲
Amounts receivable within one year40/41€42k€50k▲
Trade receivables40€40k€49k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€9k€9k▼
Deferred charges and accrued income490/1-€10k
Equity and liabilities
Total equity and liabilities10/49€52k€77k▲
Equity10/15€-5k€-4k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-7k€-7k▲
Amounts payable17/49€56k€81k▲
Amounts payable within one year42/48€56k€71k▲
Trade debts44€38k€55k▲
Suppliers440/4€38k€55k▲
Other amounts payable47/48€18k€17k▼
Accrued charges and deferred income492/3-€10k
Income statement
Code20242025
Non-recurring operating income76A€625€366▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€611€15▼
Gross operating margin9900€-4k€2k▲
Operating profit (loss)9901€-5k€569▲
Profit (loss) for the period before taxes9903€-5k€569▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-7k€569▲
Profit (loss) for the period to be appropriated9905€-7k€569▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-7k▲
Profit (loss) brought forward from the previous period14P€-592€-7k▼
The notes to these accounts (5 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €569
Net result €569 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-7k ▼185%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
31-12
Financial
Highest result since 2020net €8k ▲2282%
Operating result €7k, net result €8k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.76
Current ratio from 0.99 to 2.76; short-term debt falls from €81k to €23k.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-12
Financial
Back to profitnet €325
Net result €325 after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 2020
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.
Hogenakkerstraat 479100 Sint-NiklaasGround area
251 m²
Building footprint
260 m²
Volume, LiDAR
1,658 m³
Parcel 46445D1431/00B009, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hogenakkerstraat 47, 9100 Sint-Niklaas
since 20202.297.219.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1431/00B009 | Flanders | 251 m² | 1 · 260 m² | 14.4 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.
Similar companies · same sector, comparable size
CRM MASUY
BE 1029.529.294
Cerfontaine · Eq €6,666
ARS HEATING
BE 1003.854.384
Jette · Eq €6,662
Heat Solution
BE 1011.256.177
Jette · Eq €6,641
DECUYPER INSTALLATIES
BE 1007.781.993
Damme · Eq €6,698
NLA CHAUFFAGE
BE 1001.234.196
Montigny-le-Tilleul · Eq €6,626
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 1,956 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
Founded20-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43230Insulation installation
43331Floor and wall tiling
43350Other building finishing work
46419Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.