H&M LOGISTIC
The computed 12-month bankruptcy probability of H&M LOGISTIC is 17.3% (high). The 2024 annual accounts show equity of €98k and a net result of €-5k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 2249 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
| Equity | €98k |
| Net result | €-5k |
| Staff (FTE) | 2.3 |
| Better than sector | 77% |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.8% | 27.4% | |
| Net result | €-5k | €6k | |
| Equity | €98k | €17k | |
| Gross operating margin | €100k | €28k | |
| Staff costs | €78k | €37k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €22k |
| Net profit | €-5k |
| Cash flow | €21k |
| Staff costs | €78k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €179k |
| Equity | €98k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €-56k |
| Employees (FTE) | 2.3 |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -31.4% |
| Solvency | 54.8% |
| Debt / equity | 0.83 |
| Long-term debt ratio | - |
| Interest coverage | 140.03 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.6% |
| ROE | -4.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 57d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €179k |
| Fixed assets | 21/28 | €155k |
| Tangible fixed assets | 22/27 | €136k |
| Financial fixed assets | 28 | €19k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €179k |
| Equity | 10/15 | €98k |
| Contributions / capital | 10/11 | €12k |
| Accumulated profits (losses) | 14 | €86k |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €30k |
| Income statement | ||
| Gross operating margin | 9900 | €100k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €159 |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| NACE primary | Road freight transport(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2021 |
| Status | Active |
| Postal code | 1030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0149/00B013 | Brussels | 1,194 m² | 1 · 392 m² | 22.3 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-04-2026 Act object · General meeting · Share transfer · Officer resignation
- Filing: 2026-04-17 · H&M LOGISTIC
- Publication: 2026-04-24 · H&M LOGISTIC
- Act object: TRANSFERT D'ACTION - DÉMISSION D'UN ADMINISTRATEUR · H&M LOGISTIC
- General meeting: date: 2026-03-31, type: extraordinaire · H&M LOGISTIC
- Share transfer: date: 2026-03-31, shares: la totalité de ses actions · Zebiri Hassan
- Officer resignation: date: 2026-03-31, role: administrateur · Zebiri Hassan
Technical details
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"type": "filing",
"quote": "D\u00E9pos\u00E9 / Re\u00E7u le 17 AVR. 2026",
"value": "2026-04-17",
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{
"type": "publication",
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{
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"value": "TRANSFERT D\u0027ACTION - D\u00C9MISSION D\u0027UN ADMINISTRATEUR",
"object": null,
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{
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"value": {
"date": "2026-03-31",
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{
"type": "share_transfer",
"quote": "Monsieur Zebiri Hassan c\u00E8de la totalit\u00E9 de ses actions \u00E0 Monsieur Merzouki Mohammed qui accepte avec effet imm\u00E9diat.",
"value": {
"date": "2026-03-31",
"shares": "la totalit\u00E9 de ses actions"
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{
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}09-12-2022 Registered office moved within Bruxelles
- Rue Laneau 39, 1020 Bruxelles → Avenue Adolphe Lacomblè 59, 1030 Bruxelles
Technical details
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"region": "Brussels",
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"country": "BE",
"postcode": "1020",
"box_number": null,
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},
"effective_date": "2022-10-01",
"evidence_quote": "L\u0027AGE de ce jour a approuv\u00E9 \u00E0 l\u0027unanimit\u00E9 des Voix la d\u00E9cision de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 la nouvelle adresse sise \u00E0 Avenue Adolphe Lacombl\u00E8 59 bte 8 B1030 Bruxelles ... et prend effet \u00E0 partir d\u0027aujourd\u0027hui le Vendredi 01 Octobre 2022."
}
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}
}03-08-2021 Incorporation of a new SRL
Technical details
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"niss": null,
"address": "6032 Charleroi, Rue du Renard du Cazier, 12 bte 021"
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"initial_directors": [],
"incorporation_date": "2021-07-29",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | H&M LOGISTIC |
- 12-12-2025 Address strikeout annulled
- 01-12-2025 Address struck