FH TRANSFORM
ActiveSummary
FH TRANSFORM has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,787 and a net result of €2,787. The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-10-2025 Normal situation
- Activity
- Insulation installation NACE 43230and 1 other
- Establishment unit
- 2.379.700.604 5300 Andenne, since 07-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €3,955
- Turnover
- ≈ €30,000
- estimated
- Profit
- €2,787
- Equity
- €7,787
- Total assets
- €12,441
Score breakdownraises riskFounded in 2025Size: total assets €12,441lowers riskLiquidity: current ratio 2.01, cash €4,052Equity €7,787 (62.6% of total assets)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 68% of them on solvency, 72% on liquidity and 83% on profitability.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-06-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €3,199 |
| Depreciation and write-downs of the year | €133 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €133 |
| Gross operating margin9900 | €3,955 |
| Operating profit (loss)9901 | €3,822 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €56 |
| Recurring financial charges65 | €56 |
| Profit (loss) for the period before taxes9903 | €3,767 |
| Income taxes67/77 | €980 |
| Profit (loss) for the period9904 | €2,787 |
| Profit (loss) for the period to be appropriated9905 | €2,787 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €12,441 | |
| Fixed assets21/28 | €3,066 | |
| Tangible fixed assets22/27 | €3,066 | |
| Plant, machinery and equipment23 | €277 | |
| Furniture and vehicles24 | €2,789 | |
| Current assets29/58 | €9,375 | |
| Amounts receivable within one year40/41 | €5,323 | |
| Trade receivables40 | €3,395 | |
| Other amounts receivable41 | €1,928 | |
| Cash at bank and in hand54/58 | €4,052 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €12,441 | |
| Equity10/15 | €7,787 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €2,787 | |
| Distributable reserves133 | €2,787 | |
| Amounts payable17/49 | €4,654 | |
| Amounts payable within one year42/48 | €4,654 | |
| Trade debts44 | €1,185 | |
| Suppliers440/4 | €1,185 | |
| Taxes, remuneration and social security45 | €2,980 | |
| Taxes450/3 | €980 | |
| Remuneration and social security454/9 | €2,000 | |
| Other amounts payable47/48 | €489 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €2,787 |
| + Depreciation and write-downs630 | €133 |
| Operating cash flow (approximation) | €2,920 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as FH TRANSFORM has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of FH TRANSFORM itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 11,279 companies, not a prediction for FH TRANSFORM. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00175221 |
Board & ownership
Directors
Owners and capital
Shareholders
- HEUSY Frédéric sole founder · 100% at incorporation
Capital transactions
- 09-10-2025 Incorporation · €5,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Personnes physiques ou morales, actionnaires ou non, 1”“1”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, à peine de nullité”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 09-10-2025 (in French)
Network & group
FH TRANSFORM shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FH TRANSFORM. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-10
Gazette deed
IncorporationStarting capital €5,000 · Appointment: HEUSY Frédéric (director) · Founder7 points ▸
- Incorporation, 01-10-2025
- Founder, HEUSY Frédéric
- Founding capital, €5,000
- Other provision, “premier exercice social et première assemblée générale ordinaire, comparant à l'unanimité” (deed in French)
- Registered office clause, “5300 Andenne,rue du Château d'Eau,376A, comparant à l'unanimité” (deed in French)
- Director appointment, HEUSY Frédéric (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements et obligations qui en résultent,et toutes activités entreprises au nom et pour compte de société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202517 activities
- L'entreprise de toitures,zingueries et couvertures de constructions métalliques et non métalliques
- Tous travaux de toiture,de charpente et de couvertures comprenant notamment le placement,l'entretien,la rénovation,la réparation de toitures,corniches,gouttières et systèmes d'évacuation d'eau
- Les travaux d'étanchéisation des toitures,terrasses et des murs,les travaux d'étanchéité et revêtement de constructions par asphaltage et/ou bitumage
- La pose de revêtements en aluminium et PVC,sur boiserie,toiture et pignons
- Le tubage de cheminées
- Tous travaux d'isolation thermique et acoustique
- Tous travaux de parachèvement(voitures et poids-lourds)
- Les travaux de démolition
- La location de machines et équipements pour le bâtiment
- L’achat et la vente de bois,articles de menuiserie,de quincaillerie et plus largement de tous matériaux de construction
- L’activité de consultant et d’intermédiaire commercial(courtier ou commissionnaire)dans les domaines précités
- La promotion immobilière
- L’activité de conseil,de consultance,de formation,d’assistance et la fourniture de services en matière financière,technique,commerciale ou administrative
- L’exercice de mandats relatifs à l’administration,la gestion,le management,la direction,au contrôle ou à la liquidation de toutes sociétés,entreprises ou associations
- La constitution et la gestion d’un patrimoine immobilier,en ce compris l’achat,la vente,la construction et la location de biens immobiliers de tous types meublés ou non
- La constitution et la gestion d’un patrimoine mobilier,en ce compris la prise de participation dans d’autres sociétés
- De manière générale,toute activité qui se rattache directement ou indirectement aux activités précitées
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1028.763.885
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92410C0055/00R010 | Wallonia | 1,355 m² | 1 · 93 m² | - |