Financials
- Financial year
- 2025
- Total assets
- €9.7m
- Profit
- €20,563
- Solvency
- 36.8%
Total assets▼ 8.7%
Net result
20222025
H² ESTATE
ActiveSummary
H² ESTATE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €20,563. Equity is growing by about 2.6% per year across the filed financial years. Its solvency ranks better than 49% of 5,765 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€9.7mtotal assets 2025
- Equity
- €3.6m
- Profit
- €20,563
Structure
- Parent
- NOSHAQ
- ResiglassDirector · permanent representative DE KNIJF Frederik
- NOSHAQDirector · permanent representative BOUTANTIN Hervé
- NOSHAQ PARTNERSDirector · permanent representative BRAUN Marie
2025 accounts 58 days early6 of 7 deeds summarised
Why 93raises riskLiquidity: current ratio 0.05, cash €42,289lowers riskSize: total assets €9.7mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 05-06-2026)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Average
Solvency
62+4
equity 36.8% of total assets
Liquidity
49+3
short-term debt 12.6% · cash 0.4%
Profitability
33+9
return on assets 0.2%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025highest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.05, compared with 5.85 in 2024, below 1; short-term debt: 12.6% and cash: 0.4% of total assets), and 63.2% 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 68, small): better than 56% on solvency, 50% on liquidity, 26% on profitability and 47% on growth.
The bankruptcy probability was computed on 24-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
58 days early
2024
36 days early
2023
12 days early
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 27 days before 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 8 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Reappointments: RESIGLASS, NOSHAQ and NOSHAQ PARTNERSPermanent representatives: DE KNIJF Frederik…
- Permanent representatives: Stéphanie SACRE and Hervé…Gazette deed
Key points
By topic
Board & ownership
- Board
- 3 members
- Parent
- NOSHAQ
- ResiglassDirector
- NOSHAQDirector
- NOSHAQ PARTNERSDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 12
- Since
- 2023
- Next accounts
- by 31-07-2027
- 07-11-2025Resignation: NEUPREZ Henri-François (director and chair)
- 25-06-2025Annual accounts filed
- 24-03-2025Permanent representatives: Marie BRAUN and Gaëtan GOTTSCHALK
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 17-11-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 4
See the provisions in the deeds
Go to Articles of associationKey facts about H² ESTATE
- What is the company number of H² ESTATE?
- 0777.414.616. In Belgium the VAT number is the company number with BE in front: BE 0777.414.616.
- Where is H² ESTATE based?
- The registered office is at Rue Lambert-Lombard 3, 4000 Liège.Company details
- What does H² ESTATE do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of H² ESTATE?
- Public limited company (NV).
- When was H² ESTATE founded?
- On 17-11-2021.
- Is H² ESTATE still active?
- Yes, H² ESTATE is an active enterprise in the KBO register.
- What is the turnover of H² ESTATE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is H² ESTATE profitable?
- In financial year 2025, H² ESTATE made a profit of €20,563.
- Where can I find the annual accounts of H² ESTATE?
- H² ESTATE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of H² ESTATE due?
- By 31-07-2027, for financial year 2026.Timeline
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Parent and group
Shareholders
- NOSHAQ IMMO50%
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