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H en A

Active
Public limited companyfounded 199135 yrs activeValkeniersdreef 5, 3140 Keerbergen, BelgiumKBO/BCE: BE 0444.965.922
Summary

H en A has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €57,828. Equity is shrinking by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Activity not known1 site
Size
€2.3mtotal assets 2025
Equity
€1.6m
Profit
€57,828
Turnover not published (abridged schema)
Financial health
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
3
Accounts 1 d early0 of 9 deeds read
Why 92- 1 change of registered office in 24 months+ Size: total assets €2.3m+ Figures for FY 2025 (filed 31-03-2026)+ Equity €1.6m (71.9% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 61% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 97+8
equity 71.9% of total assets
Liquidity 50=
short-term debt 13.2% · cash 1.4%
Profitability 72+72
return on assets 2.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.3% 12-2024: 0.4%▲ +8.7% vs 11-2024 01-2025: 0.5%▲ +39.1% vs 12-2024 02-2025: 0.5%▼ -4.0% vs 01-2025 03-2025: 0.6%▲ +11.6% vs 02-2025 04-2025: 1.1%▲ +92.7% vs 03-2025 05-2025: 1.1%● 0.0% vs 04-2025 06-2025: 1.1%● 0.0% vs 05-2025 07-2025: 1.1%● 0.0% vs 06-2025 08-2025: 1.1%● 0.0% vs 07-2025 09-2025: 0.5%▼ -57.7% vs 08-2025 10-2025: 1.1%▲ +135% vs 09-2025 11-2025: 1.2%▲ +8.8% vs 10-2025 12-2025: 1.2%▲ +5.2% vs 11-2025 01-2026: 1.3%▲ +2.7% vs 12-2025 02-2026: 1.3%▲ +5.9% vs 01-2026 03-2026: 1.4%▲ +4.8% vs 02-2026highest value 04-2026: 0.1%▼ -89.6% vs 03-2026lowest value 05-2026: 0.1%● 0.0% vs 04-2026lowest value 06-2026: 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%▲ +2.8% vs 09-2026
  • Size: total assets €2.3m lowers the probability for this profile
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2025 (filed 31-03-2026) lowers the probability
  • Equity €1.6m (71.9% of total assets) lowers the probability
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.86 in 2024; short-term debt: 13.2% and cash: 1.4% of total assets), and 28.1% 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, small). Better than this share of them on solvency 61%, liquidity 41%, profitability 79%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €2.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 31-03-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €1.6m (71.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 30-03-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
2 d late
2022
229 d late
2021
5 d late
2020
12 d late
2019
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 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)
neutral · 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 3 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-08-2026 close03-10-2026 today31-03-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €57,828
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Back in profit in 2025after -€386,053 in 2024 €57,828 View
  • Heads a groupcompanies controlled 3 View
  • Active since 1991founded 02-09-1991 35 years View

By topic

Financials

Fiscal year
2025
Total assets
€2.3m
Profit
€57,828
Solvency
71.9%
Total assets▼ 7.4%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-03-2027
  1. 30-03-2026Annual accounts filed
  2. 31-08-2025Back to profit
  3. 31-03-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
02-09-1991
Year ends
31-08
Peppol
Reachable for e-invoices
Go to Company details

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