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H-Solution

Active
Private limited companyfounded 20188 years activeMiddelweg 128, 1130 Brussel, BelgiumKBO/BCE: BE 0695.715.870
Summary

The computed 12-month bankruptcy probability of H-Solution is 1.8% (moderate). The 2024 annual accounts show equity of €246,974 and a net result of €118,754. Equity is growing by ~52.3% per year across the filed fiscal years. Its solvency ranks better than 49% of 37,960 sector peers (NACE 70, fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Business and other management consultancy
NACE 70200Service activities incidental to land transportation NACE 52210
5 sites
Size
€432,115total assets 2024
Equity
€246,974
Profit
€118,754
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts 68 days overdue1 of 6 deeds read
Why 56- Figures for FY 2024 (filed 21-09-2025)- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 52 days late; 2 of the last 3 late+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 70, micro)
Financial strength · tick = 2023
Strong
Solvency 82+36
equity 57.2% of total assets
Liquidity 55+19
short-term debt 42.8% · cash 20.5%
Profitability 100+11
return on assets 27.5%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,281 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 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 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.3 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.8 percentage points vs 09-2026highest value
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.23 in 2023; short-term debt: 42.8% and cash: 20.5% of total assets), and 42.8% of the assets are financed with debt.
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 70, micro): better than 52% on solvency, 45% on liquidity, 85% on profitability and 88% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 21-09-2025)
NBB · annual accounts
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 52 days late; 2 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
52 days late
2023
31 days late
2022
22 days late
2021
30 days late
2020
30 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Highest result since 2018net €118,754 ▲17.8%

Key points

  • Positive: Equity rose in 2024from €128,220 to €246,974 ▲ 92.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Positive: Among the best 11% on net resultsector median €25,897 · 37,981 companies €118,754 View

By topic

Financials

Fiscal year
2024
Total assets
€432,115
Profit
€118,754
Solvency
57.2%
Total assets▼ 30.9%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2019
  1. 31-12-2024Equity above €200,000
  2. 31-08-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
5
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
04-05-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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