FH Group

Active

Private limited companyfounded 2014active for 12 yearsGustaaf Callierlaan 232, 9000 Gent, BelgiumKBO/BCE: BE 0545.896.697

Summary

The computed 12-month bankruptcy probability of FH Group is 2.1% (moderate). The 2024 annual accounts show equity of €31,121 and a net result of €32,022. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

FH GroupActiveChecked score 55/100

Risk analysis Report Compare

Activity

Agents in non-specialised wholesale trade

NACE 46190Retail sale of other household articles NACE 47559

1 site

Size

≈ €320,000turnover 2024, estimated

Equity: €31,121
Profit: €32,022

Turnover estimated from the gross margin

Financial health

55 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.1%

Structure

2025 accounts not filed, 91 days past the deadline4 deeds in the Belgian Official Gazette

Why 55raises riskFigures for financial year 2024 (filed 07-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 latelowers riskFounded in 2014Liquidity: current ratio 1.28, cash €33,284Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 73% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 53+24

equity 27.6% of total assets

Liquidity 53+19

short-term debt 64.2% · cash 29.5%

Profitability 100+9

return on assets 28.4%

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.1%▼ -0.1 percentage points vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.7%▲ +0.9 percentage points vs 09-2025highest value 11-2025: 2.3%▼ -0.4 percentage points vs 10-2025 12-2025: 0.7%▼ -1.6 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 1.1%▲ +0.4 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 2.1%▲ +0.8 percentage points vs 09-2026

Credit of up to €1,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.28, compared with 1.33 in 2023, below the usual 1.5; short-term debt: 64.2% and cash: 29.5% of total assets), and 72.4% 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 46, micro): better than 38% on solvency, 58% on liquidity, 95% on profitability and 99% on growth.

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

Figures for financial year 2024 (filed 07-11-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 late

NBB · filings

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.28, cash €33,284

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline30-10-2026 today

2024 accounts filed 98 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

98 days late

2023

1 day early

2022

123 days late

2021

92 days late

2020

2 days early

2019

66 days 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 63 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

06-11-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Highest result from 2018 to 2024net €32,022 ▲122%
30-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
Total assets 20246 financial years filed €112,888 View
Active since 2014founded 10-02-2014 12 years View

By topic

Financials

Financial year: 2024
Total assets: €112,888
Profit: €32,022
Solvency: 27.6%

Total assets▲ 41.2%

Net result

20182024

Go to Financials

Timeline

Events: 16
Since: 2015

01-12-2023Annual accounts filed
31-12-2022Back to profit
31-10-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Agents in non-specialised wholesale tradeNACE 46190
Founded: 10-02-2014
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about FH Group

What is the company number of FH Group?: 0545.896.697. In Belgium the VAT number is the company number with BE in front: BE 0545.896.697.
Where is FH Group based?: The registered office is at Gustaaf Callierlaan 232, 9000 Gent.Company details
What does FH Group do?: According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of FH Group?: Private limited company (BV).
When was FH Group founded?: On 10-02-2014.
Is FH Group still active?: Yes, FH Group is an active enterprise in the KBO register.
What is the turnover of FH Group?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is FH Group profitable?: In financial year 2024, FH Group made a profit of €32,022.
Where can I find the annual accounts of FH Group?: FH Group filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.