Skip to content

H2-GROUP

Active
Private limited companyfounded 200224 yrs activeKBO/BCE: BE 0478.442.996
Summary

The computed 12-month bankruptcy probability of H2-GROUP is 8.1% (elevated). For H2-GROUP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€8,779) and a net result of -€511. Its solvency ranks better than 5% of 33673 sector peers (fiscal year 2023). The company has been active since 2002 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023
Profitability0
Solvency0
Growth35
Track record92
Bankruptcy probability, 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023
Age of the figures
Age of the figures
33 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-10-2024, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
92 d late
2022
92 d late
2016
140 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

H2-GROUP was incorporated on 30 September 2002.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
-€8,779▼ 6.2%
2022 · -€8,269
Total assets
€728
Net result
-€511
Working capital
-€8,779
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Equity.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result-€511
Net result-€511below the sector's middle half
Equity-€8,269below the sector's middle half--€8,779below the sector's middle half▼ 6.2%
Total assets€728below the sector's middle half
Debt€8,269-€9,508▲ 15.0%
Working capital-€8,779below the sector's middle half
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€600-€400-€200€0Operating result 2023: -€511-€511Net result 2023: -€511-€51120222023-€600-€400-€200€0Operating result 2023: -€511-€511Net result 2023: -€511-€51120222023
2023 is the only fiscal year with figures: the operating result is a loss of €511.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€9,508▲
2022 · €8,269
Ratios withheld: a balance sheet total of €728 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 20 lines
Balance sheet Code20222023
Assets
Total assets20/58-€728
Current assets29/58-€728
Amounts receivable within one year40/41-€728
Other amounts receivable41-€728
Equity and liabilities
Total equity and liabilities10/49-€728
Equity10/15-€8,269-€8,779▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€11,269-€11,779▼
Amounts payable17/49€8,269€9,508▲
Amounts payable within one year42/48€8,269€9,508▲
Trade debts44-€1,688
Suppliers440/4-€1,688
Other amounts payable47/48€8,269€7,820▼
Income statement Code20222023
Gross operating margin9900--€511
Operating profit (loss)9901--€511
Profit (loss) for the period before taxes9903--€511
Profit (loss) for the period9904--€511
Profit (loss) for the period to be appropriated9905--€511
Appropriation of the result
Profit (loss) to be appropriated9906-€11,269-€11,779▼
Profit (loss) brought forward from the previous period14P-€11,269-€11,269=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Gross operating margin9900--€511-
Operating profit (loss)9901--€511-
Profit (loss) for the period before taxes9903--€511-
Profit (loss) for the period9904--€511-
Profit (loss) for the period to be appropriated9905--€511-
Line20222023Change
Assets
Total assets20/58-€728-
Current assets29/58-€728-
Amounts receivable within one year40/41-€728-
Other amounts receivable41-€728-
Equity and liabilities
Total equity and liabilities10/49-€728-
Equity10/15-€8,269-€8,779▼ 6.2%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€11,269-€11,779▼ 4.5%
Amounts payable17/49€8,269€9,508▲ 15.0%
Amounts payable within one year42/48€8,269€9,508▲ 15.0%
Trade debts44-€1,688-
Suppliers440/4-€1,688-
Other amounts payable47/48€8,269€7,820▼ 5.4%
Line20222023Change
Profit (loss) for the period9904--€511-
Operating cash flow (approximation)--€511-

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
15-12
KBO administration Address struck
Markt 3 2400 Mol Die Sitzadresse Markt 3 2400 Mol wurde mit radiée avec effet le 30/11/2025. · event 30-11-2025
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2017
13-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalNBB filing
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 acts for this company are 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, Mol · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
179 m²
Building footprint
311 m²
Volume, LiDAR
2,753 m³
Parcel 13434F0589/00F000, Flanders · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
H2-GROUP
General electrical installation work
since 20032.126.499.326
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13434F0589/00F000
ProtectedMonumentHerenhuis Het BaxenshuisSource ↗
Flanders 179 m² 1 · 311 m² 19.2 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of 22,827 companies in sector 43211 we hold annual accounts for 10,338. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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