Skip to content

E&H PROJECTS

Active
Private limited companyfounded 198639 yrs activeHengelhoefstraat 166, 3600 Genk, BelgiumKBO/BCE: BE 0429.611.218
Summary

The computed 12-month bankruptcy probability of E&H PROJECTS is 4.6% (elevated). The 2024 annual accounts show equity of €765,713 and a net result of €93,869. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 7464 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
E&H PROJECTSActiveChecked score 37/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
#2 company by total assets in Genk, Construction sector1 site
Size
€9.9mtotal assets 2024
Staff
4.8 FTE
Equity
€765,713
Profit
€93,869
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2024
Bankruptcy chance 12 m
4.6%
Structure
Accounts 64 d overdue0 of 10 deeds read
Why 37- Liquidity: current ratio 1.09, cash €135,327- Figures for FY 2024 (filed 14-10-2025)- Equity €765,713 (7.8% of total assets)- Sector Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 28% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 33=
equity 7.8% of total assets
Liquidity 2=
short-term debt 91.3% · cash 1.4%
Profitability 70=
return on assets 1.0%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,046 companies)
Last 24 months 11-2024: 3.0% 12-2024: 3.0%● 0.0% vs 11-2024 01-2025: 2.9%▼ -0.5% vs 12-2024 02-2025: 3.0%▲ +1.5% vs 01-2025 03-2025: 3.0%▼ -1.1% vs 02-2025 04-2025: 3.0%▲ +2.1% vs 03-2025 05-2025: 3.0%▲ +0.5% vs 04-2025 06-2025: 3.1%▲ +1.3% vs 05-2025 07-2025: 3.3%▲ +7.8% vs 06-2025 08-2025: 4.2%▲ +27.0% vs 07-2025 09-2025: 4.8%▲ +14.1% vs 08-2025 10-2025: 5.4%▲ +13.6% vs 09-2025highest value 11-2025: 2.3%▼ -58.6% vs 10-2025 12-2025: 2.3%● 0.0% vs 11-2025 01-2026: 2.2%▼ -0.5% vs 12-2025 02-2026: 2.2%● 0.0% vs 01-2026 03-2026: 2.2%▼ -3.5% vs 02-2026lowest value 04-2026: 2.2%▲ +2.2% vs 03-2026 05-2026: 2.2%▲ +0.5% vs 04-2026 06-2026: 2.4%▲ +8.4% vs 05-2026 07-2026: 2.5%▲ +5.1% vs 06-2026 08-2026: 3.5%▲ +39.0% vs 07-2026 09-2026: 4.0%▲ +14.7% vs 08-2026 10-2026: 4.6%▲ +14.1% vs 09-2026
  • Liquidity: current ratio 1.09, cash €135,327 raises the probability
  • Figures for FY 2024 (filed 14-10-2025) raises the probability
  • Equity €765,713 (7.8% of total assets) raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
Credit up to €25,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.08 in 2023; short-term debt: 91.3% and cash: 1.4% of total assets), and 92.2% 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 43, micro). Better than this share of them on solvency 12%, liquidity 3%, profitability 37%, growth against the median 60%. 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.
+raises risk○neutral
raises risk · Liquidity: current ratio 1.09, cash €135,327
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 14-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Equity €765,713 (7.8% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7464 sector peers (2024).
NBB · sector comparison
Position among 7464 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
71 d late
2023
71 d late
2022
31 d late
2021
117 d late
2020
31 d late
2019
110 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Caution: Among the weakest 10% on solvencysector median 43.5% · 7,464 companies 7.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Positive: 7 profitable years in a rowprofit 2024: €93,869 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€9.9m
Profit
€93,869
Solvency
7.8%
Total assets▲ 11.4%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 10-10-2025Annual accounts filed
  2. 10-10-2024Annual accounts filed
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
21-10-1986
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 trust this company with building work?Contractor check 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 What other support did companies like this one receive, and it did not?Subsidies

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