AH Group
The computed 12-month bankruptcy probability of AH Group is 1.3% (low). The 2025 annual accounts show equity of €554k and a net result of €-159k. Equity is growing by ~29.2% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €554k |
| Net result | €-159k |
| Staff (FTE) | 14.1 |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
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).
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €204k |
| Net profit | €-159k |
| Cash flow | €133k |
| Staff costs | €776k |
| Income taxes | €891 |
| Dividends | - |
| Total assets | €2.63M |
| Equity | €554k |
| Debt | €2.08M |
| of which ≤ 1y | €564k |
| of which > 1y | €1.51M |
| Working capital | €8k |
| Employees (FTE) | 14.1 |
| 2025 | |
|---|---|
| Current ratio | 1.01 |
| Quick ratio | 1.01 |
| Working capital ratio | 0.3% |
| Solvency | 21.0% |
| Debt / equity | 3.76 |
| Long-term debt ratio | 2.74 |
| Interest coverage | 2.92 |
| Gross margin | - |
| Net margin | - |
| ROA | -6.1% |
| ROE | -28.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.63M |
| Fixed assets | 21/28 | €2.06M |
| Tangible fixed assets | 22/27 | €2.05M |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €572k |
| Amounts receivable within one year | 40/41 | €424k |
| Cash & bank | 54/58 | €128k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.63M |
| Equity | 10/15 | €554k |
| Contributions / capital | 10/11 | €15k |
| Accumulated profits (losses) | 14 | €539k |
| Amounts payable | 17/49 | €2.08M |
| Amounts payable after one year | 17 | €1.51M |
| Amounts payable within one year | 42/48 | €564k |
| Trade debts payable within one year | 44 | €126k |
| Income statement | ||
| Gross operating margin | 9900 | €1.03M |
| Operating result | 9901 | €-89k |
| Financial income | 75 | €225 |
| Financial charges | 65 | €70k |
| Result before taxes | 9903 | €-159k |
| Income taxes | 67/77 | €891 |
| Net result for the period | 9904 | €-159k |
| Result to be appropriated | 9905 | €-159k |
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Ahmet GüzelDirectorState Gazette act 24131917 (10-09-2024)Current01-09-2024 → present
| NACE primary | Winning, behandeling en distributie van water(36000) |
| Legal form | Private limited company(610) |
| Incorporation | 03-05-2021 |
| Status | Active |
| Postal code | 3600 |
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. |
|---|---|---|---|---|
| 71302A0031/00R005 | Flanders | 6,575 m² | 1 · 101 m² | 8.3 m · 2 fl. |
| 71302A0002/07_000 | Flanders | 3,180 m² | 1 · 459 m² | 7.1 m · 2 fl. |
| 71302A0032/00N038 | Flanders | 1,093 m² | 1 · 524 m² | 8.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-09-2025 Registered office moved within Genk
- Guillaume Lambertlaan 72, 3600 Genk → Hengelhoefstraat 170, 3600 Genk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Hengelhoefstraat 170, 3600 Genk",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Hengelhoefstraat",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "170",
"locality_suffix": null
},
"old_address": {
"raw": "Guillaume Lambertlaan 72, 3600 Genk",
"city": "Genk",
"region": "vlaams_gewest",
"street": "Guillaume Lambertlaan",
"country": "BE",
"postcode": "3600",
"box_number": null,
"street_number": "72",
"locality_suffix": null
},
"effective_date": "2025-08-28",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-09-18",
"filing_date": "2025-09-10",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2025-08-28",
"unanimous": null
},
"subject_company": {
"kbo": "0767.780.734",
"name_full": "AH Group",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Harun \u00D6zdemir",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}10-09-2024 Ahmet Güzel appointed as director
- Ahmet Güzel, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Ahmet G\u00FCzel",
"address": "3600 Genk Hospitaalstraat 1 bus 6",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2024-09-01",
"evidence_quote": "De algemene vergadering beslist tot de benoeming van Ahmet G\u00FCzel, met woonplaats te 3600 Genk Hospitaalstraat 1 bus 6, als niet-statutaire bestuurder, en dit met ingang op 01/09/2024.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-10",
"filing_date": "2024-08-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-08-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0767.780.734",
"name_full": "AH Group",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Harun \u00D6zdemir",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij hef Belgisch Staatsblad - 10/09/2024- Annexes du Moniteur belge"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | AH Group |