Financials
- Financial year
- 2025
- Total assets
- €1.4m
- Profit
- €104,276
- Solvency
- 7.5%
Total assets▼ 7.2%
Net result
20212025
H&H
ActiveSummary
The computed 12-month bankruptcy probability of H&H is 2.8% (moderate). The 2025 annual accounts show equity of €108,676 and a net result of €104,276. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 14% of 2,379 sector peers (NACE 49, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Scheduled passenger transport by road
NACE 49310Freight transport by road NACE 49410
1 site
Size
≈ €1.9mturnover 2025, estimated
- Staff
- 10 FTE
- Equity
- €108,676
- Profit
- €104,276
Turnover estimated from the gross margin
Structure
- Hüseyin DuranDirector
- Zeyit DuranDirector
2025 accounts 139 days early1 of 3 deeds summarised
Why 52raises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2020Equity €108,676 (7.5% of total assets)Liquidity: current ratio 0.71, cash €8,893Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 49, small)
Financial strength · tick = 2024
Average
Solvency
33+8
equity 7.5% of total assets
Liquidity
33+4
short-term debt 38.3% · cash 0.6%
Profitability
78=
return on assets 7.2%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.3%
12-2024: 3.3%● unchanged vs 11-2024highest value
01-2025: 3.3%● unchanged vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 2.8%▼ -0.5 percentage points vs 02-2025
04-2025: 2.8%● unchanged vs 03-2025
05-2025: 2.9%▲ +0.1 percentage points vs 04-2025
06-2025: 2.9%● unchanged vs 05-2025
07-2025: 2.9%● unchanged vs 06-2025
08-2025: 2.9%● unchanged vs 07-2025
09-2025: 2.9%● unchanged vs 08-2025
10-2025: 2.9%● unchanged vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.9%● unchanged vs 12-2025
02-2026: 2.9%● unchanged vs 01-2026
03-2026: 2.7%▼ -0.2 percentage points vs 02-2026lowest value
04-2026: 2.8%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%● unchanged vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.8%▼ -0.1 percentage points vs 07-2026
09-2026: 2.8%● unchanged vs 08-2026
10-2026: 2.8%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.71, compared with 0.65 in 2024, below 1; short-term debt: 38.3% and cash: 0.6% of total assets), and 92.5% 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 49, small): better than 10% on solvency, 27% on liquidity, 70% on profitability and 99% on growth.
The bankruptcy probability was computed on 28-10-2026 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
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2379 sector peers (2025).
NBB · sector comparisonPosition among 2379 sector peers
Solvency
better than 14%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €108,676
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 13-03-2026, 139 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
139 days early
2024
154 days early
2023
148 days early
2022
100 days early
2021
122 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 133 days before the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 13 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today30-12-2026 year end30-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Equity above €100,000equity €108,676 ▲1,316%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Positive: Equity rose in 2025from €7,674 to €108,676 ▲ 14× View
- Caution: Among the weakest 15% on solvencysector median 39.1% · 2,379 companies 7.5% View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Positive: 5 profitable years in a rowprofit 2025: €104,276 5 years View
By topic
Board & ownership
- Board
- 2 members
- Hüseyin DuranDirector
- Zeyit DuranDirector
Timeline
- Events
- 9
- Since
- 2022
- Next accounts
- by 30-07-2027
- 24-02-2025Appointments: Zeyit Duran (director) and Hüseyin Duran…
- 04-03-2024Annual accounts filed
- 30-12-2023Highest result from 2021 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Scheduled passenger transport by roadNACE 49310
- Founded
- 03-12-2020
- Year ends
- 30-12
- Peppol
- Reachable for e-invoices
Key facts about H&H
- What is the company number of H&H?
- 0759.413.988. In Belgium the VAT number is the company number with BE in front: BE 0759.413.988.
- Where is H&H based?
- The registered office is at Ringvaartweg-Wondelgem 1, 9032 Gent.Company details
- What does H&H do?
- According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
- What is the legal form of H&H?
- Private limited company (BV).
- When was H&H founded?
- On 03-12-2020.
- Is H&H still active?
- Yes, H&H is an active enterprise in the KBO register.
- How many employees does H&H have?
- On average 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of H&H?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is H&H profitable?
- In financial year 2025, H&H made a profit of €104,276.
- Where can I find the annual accounts of H&H?
- H&H filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of H&H due?
- By 30-07-2027, for financial year 2026.Timeline
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