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EH SERVICES

Active
Private limited companyfounded 2023active for 3 yearsHengelhoefstraat 166, 3600 Genk, BelgiumKBO/BCE: BE 1000.088.113
Summary

The computed 12-month bankruptcy probability of EH SERVICES is 5.5% (elevated). The 2024 annual accounts show equity of €73,969 and a net result of €63,969. Its solvency ranks better than 15% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
≈ €290,000turnover 2024, estimated
Equity
€73,969
Profit
€63,969
Turnover estimated from the gross margin
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.5%
Structure
2024 accounts filed 71 days late
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 14-10-2025)Liquidity: current ratio 1.28, cash €1,520lowers riskSize: total assets €482,299Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 31% of its sector peers (NACE 43, micro)
Financial strength
Average
Solvency 40
equity 15.3% of total assets
Liquidity 8
short-term debt 77.8% · cash 0.3%
Profitability 85
return on assets 13.3%
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9%lowest value 12-2024: 2.0%▲ +0.1 percentage points vs 11-2024 01-2025: 2.3%▲ +0.3 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.3 percentage points vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 2.9%● unchanged vs 06-2025 08-2025: 3.2%▲ +0.3 percentage points vs 07-2025 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.8%▲ +0.5 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 3.8%● unchanged vs 02-2026 04-2026: 3.7%▼ -0.1 percentage points vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.7%● unchanged vs 05-2026 07-2026: 3.6%▼ -0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.6 percentage points vs 07-2026 09-2026: 4.3%▲ +0.1 percentage points vs 08-2026 10-2026: 5.5%▲ +1.2 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.28, below the usual 1.5; short-term debt: 77.8% and cash: 0.3% of total assets), and 84.7% 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 43, micro): better than 18% on solvency, 5% on liquidity and 69% on profitability.

The bankruptcy probability was computed on 29-10-2026 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

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 14-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.28, cash €1,520
NBB · annual accounts
lowers risk · Size: total assets €482,299
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7408 sector peers (2024).
NBB · sector comparison
Position among 7408 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · 2024 accounts filed 71 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
71 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 71 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Resignation: AYHAN BILGIC (director)Director discharge
  3. IncorporationAppointments: BILGIC Ayhan (director) and…

Key points

  • Caution: Among the weakest 15% on solvencysector median 43.4% · 7,408 companies 15.3% View
  • Caution: Latest accounts filed lateafter the legal deadline 71 days View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2024
Total assets
€482,299
Profit
€63,969
Solvency
15.3%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
21-09-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
12
Who signs
Each director alone
Purpose
“Onderhouds- en herstellingswerken van mechanische aard; Reparatie van elektrische…” (deed in Dutch)
Go to Articles of association

Key facts about EH SERVICES

What is the company number of EH SERVICES?
1000.088.113. In Belgium the VAT number is the company number with BE in front: BE 1000.088.113.
Where is EH SERVICES based?
The registered office is at Hengelhoefstraat 166, 3600 Genk.Company details
What does EH SERVICES do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of EH SERVICES?
Private limited company (BV).
When was EH SERVICES founded?
On 21-09-2023.
Is EH SERVICES still active?
Yes, EH SERVICES is an active enterprise in the KBO register.
What is the turnover of EH SERVICES?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is EH SERVICES profitable?
In financial year 2024, EH SERVICES made a profit of €63,969.
Where can I find the annual accounts of EH SERVICES?
EH SERVICES filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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