FFH Holding

Active

Public limited companyfounded 20178 yrs activeTerhulpsesteenweg 187, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0683.493.771

Summary

FFH Holding has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.04bn and a net result of -€40,559. Equity is growing by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch Report Compare

FFH HoldingActiveChecked score 82/100

Risk analysis Report Compare

Activity

L'accomplissement, quelle que soit leur forme, de toutes opérations industrielles, commerciales, financières, mobilières ou…

From the articlesNo NACE code in the KBO yet1 site

Size

€3.04bntotal assets 2025

Equity: €3.04bn
Loss: -€40,559

Financial health

82 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.5%

Structure

Parent: CTH INVEST · 99.99%
Board: 5 members
Holdings: 1

Auditor: PricewaterhouseCoopers Reviseurs d'EntreprisesAccounts 29 d early

Why 82- Liquidity: current ratio 0.60, cash €85,667- 1 of the last 3 late+ Size: total assets €3.04bn+ No main activity registeredShow the evidence

Checked score

Score 2025

82 / 100

Excellent

Probability in this band: under 0.55%

Better than 44% of its sector peers (no NACE code, large)

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 50=

short-term debt 0.0% · cash 0.0%

Profitability 37+18

return on assets 0.0%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.4% 12-2024: 0.4%▼ -6.5% vs 11-2024lowest value 01-2025: 0.4%▲ +6.0% vs 12-2024 02-2025: 0.4%● 0.0% vs 01-2025 03-2025: 0.4%▲ +5.2% vs 02-2025 04-2025: 0.6%▲ +42.4% vs 03-2025 05-2025: 0.8%▲ +17.9% vs 04-2025 06-2025: 1.4%▲ +84.8% vs 05-2025 07-2025: 1.4%▲ +0.9% vs 06-2025highest value 08-2025: 1.0%▼ -31.3% vs 07-2025 09-2025: 1.0%● 0.0% vs 08-2025 10-2025: 1.0%● 0.0% vs 09-2025 11-2025: 1.0%▼ -1.3% vs 10-2025 12-2025: 0.8%▼ -18.2% vs 11-2025 01-2026: 0.8%▼ -0.5% vs 12-2025 02-2026: 0.8%● 0.0% vs 01-2026 03-2026: 0.7%▼ -5.6% vs 02-2026 04-2026: 0.5%▼ -36.8% vs 03-2026 05-2026: 0.5%● 0.0% vs 04-2026 06-2026: 0.5%● 0.0% vs 05-2026 07-2026: 0.5%● 0.0% vs 06-2026 08-2026: 0.5%● 0.0% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 0.5%● 0.0% vs 09-2026

Liquidity: current ratio 0.60, cash €85,667 raises the probability
Size: total assets €3.04bn lowers the probability for this profile
1 of the last 3 late raises the probability
No main activity registered lowers the probability

Credit up to €248,900,000 at 30 days acceptable

Liquidity short (current ratio 0.6 against 0.91 in 2024; short-term debt: 0% and cash: 0% 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 (no NACE code, large). Better than this share of them on solvency 67%, liquidity 31%, profitability 45%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 0.60, cash €85,667

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €3.04bn

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

No main activity registered

In the bankruptcy model this factor lowers the probability.

KBO

Latest accounts filed on time

The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 02-03-2026, 29 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

29 d early

2024

119 d late

2023

4 d early

2021

4 d early

2020

22 d early

2019

31 d late

2018

83 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 28 March (3 of the last 3 filed years within 122 days of that day).

Companies Code · seven months

Position in the running window

31-08-2026 close05-10-2026 today31-03-2027 deadline

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

02-03-26 Annual accounts filedfiscal year 2025 · full…
12-12-25 Reappointments: Guido GIANNOTTA (director) and Christian…Power of attorney
12-12-25 Appointments: Christophe NEUMANN, Márco CAPURSO and…Power of attorney