Parent and group
- IMMO INVEST & Cie72.08%
H VENTURES
ActiveSummary
The computed 12-month bankruptcy probability of H VENTURES is 1.5% (moderate). The annual accounts of H VENTURES for financial year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €1,887 and a net result of -€3,708. Equity has been shrinking by about 7.6% per year since 2018. Its solvency ranks better than 32% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-05-2013 Normal situation
- Activity
- Real estate agency activities NACE 68310and 2 others
- Establishment unit
- 2.219.932.102 6000 Charleroi, since 01-07-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 03-02-2026
Board and ownership
Board
- HERLIN HugoDirector
- HERLIN RaoulDirector
Shareholders
- WOLUTEC100%· score 922025 annual accounts of WOLUTEC
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
Annual accounts 2025
- Turnover
- €12,024
- ▲ 13×
- Loss
- €3,708
- ▲ 89.3%
- Equity
- €1,887
- ▼ 66.3%
- Total assets
- €18,843
- ▲ 110%
- 2025 accounts filed 42 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 42 days late; 2 of the last 3 accounts lateLoss of €3,708, the second in a row (financial year 2025)Liquidity: current ratio 1.11, cash €244lowers riskSize: turnover €12,024, total assets €18,843Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in real estate (NACE 68)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency
35-52
equity 10.0% of total assets
Liquidity
2-63
short-term debt 90.0% · cash 1.3%
Profitability
0=
return on assets -19.7%
Bankruptcy probability within 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.8%▲ +0.4 percentage points vs 09-2025
11-2025: 1.6%▲ +0.8 percentage points vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.7%▲ +0.1 percentage points vs 02-2026
04-2026: 1.8%▲ +0.1 percentage points vs 03-2026
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%▲ +0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -0.6 percentage points vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.11 (2.66 in 2024), below the usual 1.5. Short-term debt is 90% and cash 1.3% of total assets. 90% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 31% of them on solvency, 5% on liquidity, 4% on profitability and 54% on growth.
The bankruptcy probability was computed on 04-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,708
raises risk · 2025 accounts filed 42 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
42 days late
2024
91 days late
2023
20 days early
2022
on the day
2021
3 days early
2020
19 days late
2019
32 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€3,708 View
Recent changes
- · Gazette deed Company renamed from Immo Invest.be to H VENTURESTransfer of 100 shares from WOLUTEC to HERLIN Raoul · Transfer of 100 shares from HERLIN Raoul to HERLIN Hugo · Resignation: HERLIN Raoul (director)
- · Gazette deed Registered office moved from Nalinnes to CharleroiNew seat: Rue de France 26 à 6000 CHARLEROI · Previous seat: Rue d'Acoz 9A à 6120 NALINNES
- · Gazette deed Registered office moved from Charleroi to NalinnesNew seat: Rue d'Acoz 9A à 6120 NALINNES · Previous seat: Avenue de Waterloo 45 à 6000 Charleroi
Companies linked to H VENTURES
Comparable companies
These companies have the same main activity as H VENTURES: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €19,900 and €24,100, founded between 2011 and 2013.
| Company | Total assets | Gross margin |
|---|---|---|
| H VENTURES Charleroi | €18,843 | -€3,289 |
| CHRIS CONCEPT IMMO Seneffe | €20,749 | -€7,784 |
| AMJ INVEST Houthalen-Helchteren | €19,889 | -€494 |
| BE01 Anderlecht | €20,471 | -€1,990 |
| BERDOBE Middelkerke | €20,542 | -€93 |
| AUMEGA CONSULT Lasne | €21,957 | -€932 |
| Real Stone Investment Wavre | €24,114 | -€4,280 |
Key facts about H VENTURES
- What is the company number of H VENTURES?
- The company number of H VENTURES is 0534.550.469. The VAT number is the same number with BE in front: BE 0534.550.469.
- Where is H VENTURES based?
- The registered office is at Rue de France 26, 6000 Charleroi.Company details
- What does H VENTURES do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of H VENTURES?
- The legal form of H VENTURES is Private limited company (BV).
- When was H VENTURES founded?
- H VENTURES was founded on 17-05-2013.
- Is H VENTURES still active?
- Yes, H VENTURES is an active enterprise in the KBO register.
- What is the turnover of H VENTURES?
- The turnover of H VENTURES was €12,024 in financial year 2025, according to the filed annual accounts.Financials
- Is H VENTURES profitable?
- In financial year 2025, H VENTURES made a loss of €3,708.
- Where can I find the annual accounts of H VENTURES?
- H VENTURES filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of H VENTURES due?
- H VENTURES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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