Financials
- Financial year
- 2025
- Total assets
- €6.7m
- Loss
- -€224,531
- Solvency
- 0.8%
Total assets▲ 6.0%
Net result
20182025
FRIEND HOUSE
ActiveSummary
The computed 12-month bankruptcy probability of FRIEND HOUSE is 2.2% (moderate). The annual accounts of FRIEND HOUSE for financial year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €50,595 and a net result of -€224,531. Equity is shrinking by about 7.8% per year across the filed financial years. Its solvency ranks better than 14% of 5,719 sector peers (NACE 68, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Development of residential building projects
NACE 68121
#7 company by total assets in Ans, Real estate sector
Size
€6.7mtotal assets 2025
- Equity
- €50,595
- Loss
- -€224,531
Structure
- Parent
- HOBECO · 100%
- HOBECODirector · permanent representative DIPRIMA Antonino
Accounts filed 13 days late2 of 11 deeds read
Why 50raises riskLiquidity: current ratio 1.07, cash €253, halved1 change of registered office in 24 monthsNo establishment unit in the KBOlowers riskSize: total assets €6.7mShow the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Weak
Solvency
26-3
equity 0.8% of total assets
Liquidity
0-2
short-term debt 92.2% · cash 0.0%
Profitability
16-12
return on assets -3.3%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.4%● unchanged vs 11-2024lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.5 percentage points vs 07-2025
09-2025: 1.4%▲ +0.3 percentage points vs 08-2025
10-2025: 1.3%▼ -0.1 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%▼ -0.1 percentage points vs 03-2026
05-2026: 2.4%▲ +1.1 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 3.0%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 2.2%▼ -0.8 percentage points vs 08-2026
10-2026: 2.2%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.07, compared with 1.16 in 2024; short-term debt: 92.2% and cash: 0% of total assets), and 99.2% of the assets are financed with debt.
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 68, small): better than 16% on solvency, 1% on liquidity, 9% on profitability and 6% on growth.
The bankruptcy probability was computed on 09-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€224,531
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 5719 sector peers (2025).
NBB · sector comparisonPosition among 5719 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
13 days late
2024
40 days late
2023
22 days late
2022
18 days early
2021
29 days late
2020
23 days early
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Resignation: DENCHTCHIKOVA Elena (director)Reappointment: HOBECO (sole director) ·…
- Registered officeAmendment of the articles ·…
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€224,531 View
- Caution: Equity fell in 2025from €275,126 to €50,595 ▼ 81.6% View
- Caution: Among the weakest 11% on net resultsector median €21,176 · 5,725 companies -€224,531 View
- Caution: A director leftlatest change 16-04-2026 · 1 in office 1 left View
- Controlled by HOBECO 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- HOBECO · 100%
- HOBECODirector
Timeline
- Events
- 17
- Since
- 2013
- Next accounts
- by 31-07-2027
- 09-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 22-08-2024Annual accounts filed
Company details
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 31-08-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 33
- Annual meeting
- First Thursday of June at 18:00
- Purpose
- Gros-oeuvre(maçonnerie–démolition); Plafonnage,cimentage,chape; Carrelage,marbre et…
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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.