Skip to content

B.H.G.C.

Active
Private limited companyfounded 200917 yrs activeRue François Lapierre 38, 4620 Fléron, BelgiumKBO/BCE: BE 0809.892.887
Summary

B.H.G.C. has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,232 and a net result of -€2,507. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 15408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch ReportCompare
B.H.G.C.ActiveChecked score 71/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€25,232total assets 2025
Equity
€25,232
Loss
-€2,507
Turnover not published (abridged schema)
Financial health
71 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Board
1 member
Accounts 15 d early1 of 4 deeds read
Why 71- 1 change of registered office in 24 months- Sector Food and beverage service activities (NACE 56)- Loss of €2,507, the second in a row (FY 2025)+ Liquidity: cash €22,542Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 62% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 100.0% of total assets
Liquidity 100+5
cash 89.3%
Profitability 13+5
return on assets -9.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)
Last 24 months 11-2024: 0.7%highest value 12-2024: 0.7%● 0.0% vs 11-2024highest value 01-2025: 0.6%▼ -12.4% vs 12-2024 02-2025: 0.6%● 0.0% vs 01-2025 03-2025: 0.6%▼ -0.8% vs 02-2025 04-2025: 0.6%▼ -3.0% vs 03-2025 05-2025: 0.6%▼ -3.2% vs 04-2025 06-2025: 0.6%▲ +2.1% vs 05-2025 07-2025: 0.6%▲ +2.1% vs 06-2025 08-2025: 0.7%▲ +15.9% vs 07-2025 09-2025: 0.5%▼ -34.2% vs 08-2025 10-2025: 0.5%▲ +1.3% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.4%▼ -13.6% vs 12-2025 02-2026: 0.4%● 0.0% vs 01-2026 03-2026: 0.4%▲ +1.0% vs 02-2026 04-2026: 0.4%▼ -3.3% vs 03-2026 05-2026: 0.4%▼ -0.8% vs 04-2026lowest value 06-2026: 0.4%▲ +2.1% vs 05-2026 07-2026: 0.4%▲ +9.2% vs 06-2026 08-2026: 0.6%▲ +32.6% vs 07-2026 09-2026: 0.6%● 0.0% vs 08-2026 10-2026: 0.6%▲ +3.4% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Liquidity: cash €22,542 lowers the probability
  • Loss of €2,507, the second in a row (FY 2025) raises the probability
Credit up to €1,500 at 30 days acceptable
cash: 89.3% of total assets, and 0% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 94%, liquidity 99%, profitability 22%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: cash €22,542
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Loss of €2,507, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,507
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
27 d late
2023
28 d late
2022
72 d late
2021
31 d late
2020
25 d late
2019
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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. Usually files around 29 August (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Resignation: Gauthy Martine (director)Appointment: Tognolli Paul-Emmanuel (director) ·…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€2,507 View
  • Positive: Among the best 5% on solvencysector median 30.3% · 15,408 companies 100.0% View
  • Caution: Board changedlatest change 23-03-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€25,232
Loss
-€2,507
Solvency
100.0%
Total assets▼ 25.4%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 03-07-2026Resignation: Gauthy Martine (director)
  3. 27-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
11-02-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure