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H.COM

Active
Private limited company (pre-2019)founded 2018active for 7 yearsKleerkopersstraat 47, 1000 Brussel, BelgiumKBO/BCE: BE 0716.661.239
Summary

The computed 12-month bankruptcy probability of H.COM is 5.9% (elevated). The 2024 annual accounts show negative equity (-€29,748) and a net result of €3,569. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.

Turnover
€138,613
EBIT margin
1.3%
Net result
€3,569▼ 95.2%
2023 · €73,948
Working capital
-€75,943▲ 4.7%
2023 · -€79,679
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

The operating result falls in 2024; 2024 is 93% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€5,043 2024 Net result€3,569 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Turnover€138,613-
Operating result€1,830--€59,673-€4,506▲ 92.4%-€50,009▼ 1,010%€74,451€5,043▼ 93.2%
Net result€1,342--€59,754below the sector's middle half-€4,694below the sector's middle half▲ 92.1%-€50,361below the sector's middle half▼ 973%€73,948above the sector's middle half€3,569within the sector's middle half▼ 95.2%
EBIT margin1.3%-
Equity€7,542--€52,211below the sector's middle half-€56,905below the sector's middle half▼ 9.0%-€107,266below the sector's middle half▼ 88.5%-€33,318below the sector's middle half▲ 68.9%-€29,748below the sector's middle half▲ 10.7%
Total assets€64,764-€75,807within the sector's middle half▲ 17.1%€71,295within the sector's middle half▼ 6.0%€193,917within the sector's middle half▲ 172%€307,973within the sector's middle half▲ 58.8%€315,635within the sector's middle half▲ 2.5%
Debt€57,222-€128,018▲ 124%€128,199▲ 0.1%€301,183▲ 135%€341,291▲ 13.3%€345,383▲ 1.2%
Working capital€7,542--€52,211below the sector's middle half-€58,686below the sector's middle half▼ 12.4%-€109,118below the sector's middle half▼ 85.9%-€79,679below the sector's middle half▲ 27.0%-€75,943below the sector's middle half▲ 4.7%
Solvency11.6%--68.9%below the sector's middle half▼ 80.5pp-79.8%below the sector's middle half▼ 10.9pp-55.3%below the sector's middle half▲ 24.5pp-10.8%below the sector's middle half▲ 44.5pp-9.4%below the sector's middle half▲ 1.4pp
Current ratio1.13-0.59below the sector's middle half▼ 0.540.54below the sector's middle half▼ 0.050.64below the sector's middle half▲ 0.100.77below the sector's middle half▲ 0.130.78below the sector's middle half▲ 0.01
Return on assets (ROA)2.1%--78.8%below the sector's middle half▼ 80.9pp-6.6%below the sector's middle half▲ 72.2pp-26.0%below the sector's middle half▼ 19.4pp24.0%above the sector's middle half▲ 50.0pp1.1%within the sector's middle half▼ 22.9pp
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €315,635
Fixed assets €46,195 ▼ 0.4%
Current assets €269,440 ▲ 3.0%
Equity and liabilities
Equity-€29,748
Debt€345,383
Equity is negative: debt (€345,383) exceeds the balance-sheet total (€315,635).
Key figures and ratios
2024 value · change against 2023
EBITDA
€6,242▼
2023 · €75,580
Cash flow
€4,768▼
2023 · €75,077
Quick ratio
0.11▼
2023 · 0.14
Interest coverage
4.23▼
2023 · over 100
Debt ≤ 1 year
€345,383▲
2023 · €341,291
Staff costs
€57,444▼
2023 · €60,566
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89.3% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit under 5% of the balance sheet
6.1% went bankrupt
4.1% stopped otherwise
89.3% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€307,973€315,635▲
Fixed assets21/28€46,361€46,195▼
Tangible fixed assets22/27€1,361€1,195▼
Plant, machinery and equipment23€448-
Furniture and vehicles24€913€1,195▲
Financial fixed assets28€45,000€45,000=
Current assets29/58€261,612€269,440▲
Stocks and contracts in progress3€215,400€232,751▲
Stocks30/36€215,400€232,751▲
Amounts receivable within one year40/41€23,240€23,240=
Other amounts receivable41€23,240€23,240=
Cash at bank and in hand54/58€22,972€13,449▼
Equity and liabilities
Total equity and liabilities10/49€307,973€315,635▲
Equity10/15-€33,318-€29,748▲
Contributions10/11€6,200€6,200=
Capital10€6,200€6,200=
Issued capital100€18,600€18,600=
Uncalled capital101€12,400€12,400=
Reserves13€91€92▲
Non-distributable reserves130/1€91€92▲
Legal reserve130€91€92▲
Profit (loss) carried forward14-€39,609-€36,040▲
Amounts payable17/49€341,291€345,383▲
Amounts payable within one year42/48€341,291€345,383▲
Trade debts44€177,707€48,206▼
Suppliers440/4€177,707€48,206▼
Taxes, remuneration and social security45€118,750€92,512▼
Taxes450/3€86,176€55,987▼
Remuneration and social security454/9€32,574€36,525▲
Other amounts payable47/48€44,834€204,665▲
Income statement Code20232024
Remuneration, social security and pensions62€60,566€57,444▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,129€1,199▲
Other operating charges640/8€6,528€7,660▲
Gross operating margin9900€142,674€71,346▼
Operating profit (loss)9901€74,451€5,043▼
Financial charges65/66B€490€1,474▲
Recurring financial charges65€490€1,474▲
Profit (loss) for the period before taxes9903€73,961€3,569▼
Income taxes67/77€13-
Profit (loss) for the period9904€73,948€3,569▼
Profit (loss) for the period to be appropriated9905€73,948€3,569▼
Appropriation of the result
Profit (loss) to be appropriated9906-€39,609-€36,040▲
Profit (loss) brought forward from the previous period14P-€113,557-€39,609▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Turnover70€138,613------
Remuneration, social security and pensions62-€26,150€13,664€40,918€60,566€57,444▼ 5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€219€969€1,129€1,199▲ 6.2%
Other operating charges640/8-€1,952-€1,059€6,528€7,660▲ 17.3%
Gross operating margin9900€14,186-€31,571€9,377-€7,063€142,674€71,346▼ 50.0%
Operating profit (loss)9901€1,830-€59,673-€4,506-€50,009€74,451€5,043▼ 93.2%
Financial charges65/66B-€81€188€352€490€1,474▲ 201%
Recurring financial charges65€1€81€188€352€490€1,474▲ 201%
Profit (loss) for the period before taxes9903€1,829-€59,754-€4,694-€50,361€73,961€3,569▼ 95.2%
Income taxes67/77€487---€13--
Profit (loss) for the period9904€1,342-€59,754-€4,694-€50,361€73,948€3,569▼ 95.2%
Profit (loss) for the period to be appropriated9905€1,342-€59,754-€4,694-€50,361€73,948€3,569▼ 95.2%
Line201920202021202220232024Change
Assets
Total assets20/58€64,764€75,807€71,295€193,917€307,973€315,635▲ 2.5%
Fixed assets21/28--€1,781€1,852€46,361€46,195▼ 0.4%
Tangible fixed assets22/27--€1,781€1,852€1,361€1,195▼ 12.2%
Plant, machinery and equipment23--€1,781€1,114€448--
Furniture and vehicles24---€738€913€1,195▲ 30.9%
Financial fixed assets28----€45,000€45,000=
Current assets29/58€64,764€75,807€69,514€192,065€261,612€269,440▲ 3.0%
Stocks and contracts in progress3€32,364€45,000€45,000€150,200€215,400€232,751▲ 8.1%
Stocks30/36-€45,000€45,000€150,200€215,400€232,751▲ 8.1%
Amounts receivable within one year40/41-€23,240€23,240€23,240€23,240€23,240=
Other amounts receivable41-€23,240€23,240€23,240€23,240€23,240=
Cash at bank and in hand54/58€32,400€7,567€1,274€18,625€22,972€13,449▼ 41.5%
Equity and liabilities
Total equity and liabilities10/49€64,764€75,807€71,295€193,917€307,973€315,635▲ 2.5%
Equity10/15€7,542-€52,211-€56,905-€107,266-€33,318-€29,748▲ 10.7%
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200=
Capital10-€6,200€6,200€6,200€6,200€6,200=
Issued capital100-€18,600€18,600€18,600€18,600€18,600=
Uncalled capital101-€12,400€12,400€12,400€12,400€12,400=
Reserves13€91€91€91€91€91€92▲ 1.1%
Non-distributable reserves130/1-€91€91€91€91€92▲ 1.1%
Legal reserve130-€91€91€91€91€92▲ 1.1%
Profit (loss) carried forward14€1,251-€58,502-€63,196-€113,557-€39,609-€36,040▲ 9.0%
Amounts payable17/49€57,222€128,018€128,199€301,183€341,291€345,383▲ 1.2%
Amounts payable within one year42/48€57,222€128,018€128,199€301,183€341,291€345,383▲ 1.2%
Trade debts44€10,962-€24,701€183,896€177,707€48,206▼ 72.9%
Suppliers440/4--€24,701€183,896€177,707€48,206▼ 72.9%
Taxes, remuneration and social security45-€40,574€51,420€69,900€118,750€92,512▼ 22.1%
Taxes450/3-€21,218€39,324€40,963€86,176€55,987▼ 35.0%
Remuneration and social security454/9-€19,355€12,095€28,937€32,574€36,525▲ 12.1%
Other amounts payable47/48-€87,444€52,078€47,387€44,834€204,665▲ 356%
Line201920202021202220232024Change
Profit (loss) for the period9904€1,342-€59,754-€4,694-€50,361€73,948€3,569▼ 95.2%
+ Depreciation and write-downs630--€219€969€1,129€1,199▲ 6.2%
Operating cash flow (approximation)€1,342-€59,754-€4,475-€49,392€75,077€4,768▼ 93.6%
Investment in fixed assets (approximation)----€1,040-€45,638-€1,033▲ 97.7%
Change in cash--€24,833-€6,293€17,351€4,347-€9,523-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00526870
31-12-2023 micro format 27-11-2024 2024-00607096
31-12-2022 micro format 27-10-2023 2023-00494496
31-12-2021 micro format 10-02-2023 2023-00027016
31-12-2020 micro format 06-01-2023 2023-20555089
31-12-2019 abbreviated format 29-12-2020 2020-77500117

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 3,171 active companies whose main activity is retail sale of information and communication equipment (NACE 47400), figures are known for 1,797. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.