Equity
-€3,160
Debts exceed assets in financial year 2025.
DHPG
Lifetime
5 annual accounts with figures on one time axispeak €95,889 (2021)
-€17,575▼ €36,169
lowest -€54,840 (2022)
-€22,273▼ €37,136
peak €79,270 (2021)
-€3,160▼ €22,273
€200,624▲ 13.7%
Board2 names since 2020
2 directorsGATTA Paola and 1 other
Documentsfilings and deeds
07-07-202624 days before the deadline
2025micro format
Gross margin from €18,594 to -€17,575Loss of €22,273Equity from €19,113 to -€3,160Investments €7,744Cash from €3,262 to €452
Key points
from the 2025 annual accountsDebts
€200,624 102% of the balance sheet
Suppliers 62%Taxes and wages 0%Other 38%
Investments
€7,744 1.9 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 0 to 32 days before the end of the period.
Starting capital
€5,000 5,000 shares
Position in the sector
-€22,273
Lower net result than 93% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 5% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.9%● unchanged vs 08-2026highest value
10-2026: 0.9%● unchanged vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Liquidity: current ratio 0.93, cash €452, halved
Negative equity -€3,160
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €197,464
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 8% of them on solvency, 1% on liquidity, 9% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as DHPG has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DHPG itself is lower: 0.9% within 12 months. It rests on far more data about DHPG than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for DHPG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.93 (1.07 in 2024), below 1. Short-term debt is 101.6% and cash 0.2% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€3,160
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 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 days early
2024
16 days early
2023
on the day
2022
32 days early
2021
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 15 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- HOEBRECHTS Dirk Luc Jozef Alfons Albert founderdeed of 28-12-2020
- GATTA Paola founderdeed of 28-12-2020
Recent changes
Incorporation
Founding capital of €5,000, 5,000 shares · Founders: HOEBRECHTS Dirk Luc Jozef Alfons Albert and GATTA Paola · Appointments: HOEBRECHTS Dirk Luc Jozef Alfons Albert (director) and GATTA Paola (director) · published on 28-12-2020 · Gazette deed
First establishment
Dr. J. Geensstraat 23, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DHPG Tienen | €197,464 | -€17,575 | -1.6% | - |
| IMPULSE CONSULT & CO Kampenhout | €180,261 | -€66,832 | -34.5% | - |
| NOVEMBER MANAGEMENT Sint-Genesius-Rode | €219,845 | -€961 | 68.8% | - |
| GHEPPIO Herent | €188,584 | -€43,198 | 6.3% | - |
| Wes Berth Consult Pepingen | €173,213 | -€5,982 | 73.0% | - |
| MERKATIKO Machelen (Brab.) | €209,340 | -€23,564 | 82.7% | - |
| SALMO DEVELOPMENT Zaventem | €197,118 | -€2,268 | -33.4% | - |
These companies have the same main activity as DHPG: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €173,000 and €220,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 23-12-2020Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.311.512.5723300 Tienen, since 23-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €197,464▲ 0.9%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on DHPG
DHPG files the micro format. That format states no turnover. The gross margin fell from €95,889 in 2021 to -€17,575 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DHPG
- What is the company number of DHPG?
- The company number of DHPG is 0760.460.501. The VAT number is the same number with BE in front: BE 0760.460.501.
- Where is DHPG based?
- The registered office is at Dr. J. Geensstraat 23, 3300 Tienen.Company details
- What does DHPG do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of DHPG?
- DHPG is a private limited company (BV).
- When was DHPG founded?
- DHPG was founded on 23-12-2020.
- Is DHPG still active?
- Yes, DHPG is an active enterprise in the KBO register.
- What is the turnover of DHPG?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is DHPG profitable?
- In financial year 2025, DHPG made a loss of €22,273.
- Where can I find the annual accounts of DHPG?
- DHPG filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DHPG due?
- DHPG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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