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H&M SERVICE

Active
Private limited companyfounded 2016active for 10 yearsHandelskaai 25, 1000 Brussel, Belgium51 active companies are registered at this addressKBO/BCE: BE 0656.499.166
Summary

The computed 12-month bankruptcy probability of H&M SERVICE is 15.4% (high). For H&M SERVICE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€20,076) and a net result of -€11,640. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 24,005 sector peers (NACE 47, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

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H&M SERVICEActive
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Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€15,620total assets 2023
Equity
-€20,076
Loss
-€11,640
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
15.4%
2023 figures too old to score
Structure
2024 accounts not filed, 452 days past the deadline2 of 4 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 10-07-2024)2 financial years not filed after the legal deadline; 2 of the last 3 late1 change of registered office in 24 monthsLoss of €11,640, the second in a row (financial year 2023)Two or more financial years not filedneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0=
equity -128.5% of total assets
Liquidity 12-38
short-term debt 228.5% · cash 9.8%
Profitability 0=
return on assets -74.5%
Bankruptcy probability, 12 months
15.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.4%▼ -0.1 percentage points vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.3%▼ -0.1 percentage points vs 04-2025 06-2025: 2.3%● unchanged vs 05-2025lowest value 07-2025: 2.4%▲ +0.1 percentage points vs 06-2025 08-2025: 5.5%▲ +3.1 percentage points vs 07-2025 09-2025: 5.9%▲ +0.4 percentage points vs 08-2025 10-2025: 8.0%▲ +2.1 percentage points vs 09-2025 11-2025: 8.1%▲ +0.1 percentage points vs 10-2025 12-2025: 9.2%▲ +1.1 percentage points vs 11-2025 01-2026: 12.3%▲ +3.1 percentage points vs 12-2025 02-2026: 12.3%● unchanged vs 01-2026 03-2026: 12.6%▲ +0.3 percentage points vs 02-2026 04-2026: 11.8%▼ -0.8 percentage points vs 03-2026 05-2026: 11.8%● unchanged vs 04-2026 06-2026: 11.7%▼ -0.1 percentage points vs 05-2026 07-2026: 11.5%▼ -0.2 percentage points vs 06-2026 08-2026: 15.3%▲ +3.8 percentage points vs 07-2026 09-2026: 15.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 15.4%● unchanged vs 09-2026highest value
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Signals

Six signals.
raises riskneutral
raises risk · Figures for financial year 2023 (filed 10-07-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Loss of €11,640, the second in a row (financial year 2023)
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline26-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-07-2024, 21 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
21 days early
2022
345 days late
2021
710 days late
2020
1075 days late
2019
153 days late
← 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 452 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeShareholding · Registered-office move
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 452 days past the deadline View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€20,076 View
  • Risk: 4 loss-making years in a rowloss financial year 2023 -€11,640 View
  • Caution: Among the weakest 8% on solvencysector median 31.7% · 24,005 companies -128.5% View

By topic

Financials

Financial year
2023
Total assets
€15,620
Loss
-€11,640
Solvency
-128.5%
Total assets▲ 20.0%
Net result
20182023
Go to Financials

Timeline

Events
10
Since
2019
  1. 10-07-2024Annual accounts filed
  2. 10-07-2024Annual accounts filed
  3. 11-01-2024Resignation: CHAKIR Abdelfatah (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
08-06-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about H&M SERVICE

What is the company number of H&M SERVICE?
0656.499.166. In Belgium the VAT number is the company number with BE in front: BE 0656.499.166.
Where is H&M SERVICE based?
The registered office is at Handelskaai 25, 1000 Brussel.Company details
What does H&M SERVICE do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of H&M SERVICE?
Private limited company (BV).
When was H&M SERVICE founded?
On 08-06-2016.
Is H&M SERVICE still active?
Yes, H&M SERVICE is an active enterprise in the KBO register.
What is the turnover of H&M SERVICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is H&M SERVICE profitable?
In financial year 2023, H&M SERVICE made a loss of €11,640.
Where can I find the annual accounts of H&M SERVICE?
H&M SERVICE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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