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D.H.Z.

Active
Public limited companyfounded 1996active for 30 yearsHasseltweg 26, 3600 Genk, BelgiumKBO/BCE: BE 0458.756.847
Summary

D.H.Z. has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €377,627. Equity is shrinking by about 8.3% per year across the filed financial years. Its solvency ranks better than 65% of 4,937 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Retail sale of hardware, building materials, paint and glass (general range)
NACE 47521
3 sites
Size
€12.8mturnover 2025
Staff
31.8 FTE
Equity
€2.4m
Profit
€377,627
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Groep Tom Heeren · 100%
Accounts 14 days early2 of 13 deeds read
Why 88raises riskLiquidity: current ratio 1.92, cash €88,078Sector: Retail trade (NACE 47)lowers riskFounded in 1996Profit of €377,627 (financial year 2025)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency 75-25
equity 50.2% of total assets
Liquidity 31-15
short-term debt 44.3% · cash 1.9%
Profitability 69-1
return on assets 8.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,691 companies, NACE 47, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.92, compared with 4.64 in 2024, above the usual 1.5; short-term debt: 44.3% and cash: 1.9% of total assets), and 49.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 72% on solvency, 31% on liquidity, 54% on profitability and 27% on growth.

The bankruptcy probability was computed on 15-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.92, cash €88,078
NBB · annual accounts
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Profit of €377,627 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
23 days early
2023
27 days early
2022
20 days early
2021
2 days late
2020
1 day early
2019
82 days 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 on the deadline day; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Permanent representative: Tom HeerenShareholding
  3. Appointment: VGD Bedrijfsrevisoren (statutory auditor)Permanent representative: Tom Heeren

Key points

  • Positive: Among the best 15% on net resultsector median €40,683 · 4,937 companies €377,627 View
  • Positive: 8 profitable years in a rowprofit 2025: €377,627 8 years View
  • Caution: Equity fell in 2025from €4.0m to €2.4m ▼ 40.7% View
  • Controlled by Groep Tom Heeren 100% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Flemish supportawarded from 2022 to 2025 €58,984 View

By topic

Financials

Financial year
2025
Turnover
€12.8m
Profit
€377,627
Solvency
50.2%
Turnover▼ 1.0%
Net result
20182025
Go to Financials

Timeline

Events
33
Since
1998
Next accounts
by 31-07-2027
  1. 08-07-2025Annual accounts filed
  2. 04-07-2024Annual accounts filed
  3. 11-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Retail sale of hardware, building materials, paint and…NACE 47521
Founded
09-09-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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