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H SERVICES

Active
Private limited companyfounded 20233 yrs activeLouis Mettewielaan 91, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0802.580.572
Summary

The computed 12-month bankruptcy probability of H SERVICES is 5.6% (elevated). The 2024 annual accounts show equity of €12,869 and a net result of €2,869. Its solvency ranks better than 62% of 36386 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes
Profitability85
Solvency82
Growth-
Track record79
Bankruptcy probability, 12 months
5.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.18; short-term debt: 43% and cash: 72.1% of total assets), and 43% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
57%
Return on assets
12.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

History

H SERVICES was incorporated on 9 June 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€12,869
Total assets
€22,591
Net result
€2,869
Working capital
€11,503

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €22,591
Fixed assets €1,366
Current assets €21,226
Equity and liabilities €22,591
Equity €12,869
Debt €9,722
Debt finances 43.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€5,053
Cash flow
€3,851
Current ratio
2.18
Debt to equity
0.76
ROE
22.3%
ROA
12.7%
Interest coverage
98.71
Debt ≤ 1 year
€9,722
Income taxes
€1,178

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€22,591
Fixed assets21/28€1,366
Tangible fixed assets22/27€1,366
Plant, machinery and equipment23€1,366
Current assets29/58€21,226
Amounts receivable within one year40/41€4,946
Trade receivables40€4,220
Other amounts receivable41€726
Cash at bank and in hand54/58€16,280
Equity and liabilities
Total equity and liabilities10/49€22,591
Equity10/15€12,869
Contributions10/11€10,000
Reserves13€2,869
Distributable reserves133€2,869
Amounts payable17/49€9,722
Amounts payable within one year42/48€9,722
Trade debts44€8,544
Suppliers440/4€8,544
Taxes, remuneration and social security45€1,178
Taxes450/3€1,178
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€982
Other operating charges640/8€622
Gross operating margin9900€5,675
Operating profit (loss)9901€4,071
Financial income75/76B€27
Recurring financial income75€27
Financial charges65/66B€51
Recurring financial charges65€51
Profit (loss) for the period before taxes9903€4,047
Income taxes67/77€1,178
Profit (loss) for the period9904€2,869
Profit (loss) for the period to be appropriated9905€2,869
Appropriation of the result
Profit (loss) to be appropriated9906€2,869
Transfer to equity691/2€2,869
To other reserves6921€2,869

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€982
Other operating charges640/8€622
Gross operating margin9900€5,675
Operating profit (loss)9901€4,071
Financial income75/76B€27
Recurring financial income75€27
Financial charges65/66B€51
Recurring financial charges65€51
Profit (loss) for the period before taxes9903€4,047
Income taxes67/77€1,178
Profit (loss) for the period9904€2,869
Profit (loss) for the period to be appropriated9905€2,869
Line2024
Assets
Total assets20/58€22,591
Fixed assets21/28€1,366
Tangible fixed assets22/27€1,366
Plant, machinery and equipment23€1,366
Current assets29/58€21,226
Amounts receivable within one year40/41€4,946
Trade receivables40€4,220
Other amounts receivable41€726
Cash at bank and in hand54/58€16,280
Equity and liabilities
Total equity and liabilities10/49€22,591
Equity10/15€12,869
Contributions10/11€10,000
Reserves13€2,869
Distributable reserves133€2,869
Amounts payable17/49€9,722
Amounts payable within one year42/48€9,722
Trade debts44€8,544
Suppliers440/4€8,544
Taxes, remuneration and social security45€1,178
Taxes450/3€1,178
Line2024
Profit (loss) for the period9904€2,869
+ Depreciation and write-downs630€982
Operating cash flow (approximation)€3,851

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
8,522 m²
Building footprint
274 m²
Volume, LiDAR
22,316 m³
Parcel 21524C0141/00X002, Brussels · tallest building 87.4 m, ±28 floors. Linked by address, not a title deed.
30 companies at this address See who is registered here
1 establishment unit
H Services
Louis Mettewielaan 91, 1080 Sint-Jans-MolenbeekManufacture of metal structures and parts of structures
since 20232.348.714.745
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21524C0141/00X002 Brussels 8,521 m² 1 · 274 m² 87.4 m · 28 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 4,517 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
70200Business and other management consultancy
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802580572
Also 9925:BE0802580572
Registered 24-03-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.