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H2G

Active
Public limited companyfounded 20224 yrs activeRue des Combattants 51, 4280 Hannut, BelgiumKBO/BCE: BE 0790.433.204
Summary

H2G has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€73,221) and a net result of -€58,896. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability14▼-7
Solvency20▼-4
Growth58
Track record94
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 1.57 in 2023; short-term debt: 35.5% and cash: 3.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 4 years 0 10 y
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
-5%
Return on assets
-4%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
43 d early
2024
42 d early
2023
29 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 38 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 5 September 2022, H2G was incorporated as a Public limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€58,896▲ 31.8%
2023 · -€86,325
Working capital
-€405,090
2023 · €151,572
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€36,481--€26,004▲ 28.7%
Net result-€86,325below the sector's middle half--€58,896below the sector's middle half▲ 31.8%
Equity-€14,325below the sector's middle half--€73,221below the sector's middle half▼ 411%
Total assets€1.3mwithin the sector's middle half-€1.5mwithin the sector's middle half▲ 13.0%
Debt€1.3m-€1.5m▲ 17.3%
Working capital€151,572within the sector's middle half--€405,090below the sector's middle half
Solvency-1.1%below the sector's middle half--5.0%below the sector's middle half▼ 3.9pp
Current ratio1.57within the sector's middle half-0.22below the sector's middle half▼ 1.35
Return on assets (ROA)-6.7%below the sector's middle half--4.0%below the sector's middle half▲ 2.6pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€36,481-€36,481Net result 2023: -€86,325-€86,325Operating result 2024: -€26,004-€26,004Net result 2024: -€58,896-€58,89620232024-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€36,481-€36,500Net result 2023: -€86,325-€86,300Operating result 2024: -€26,004-€26,000Net result 2024: -€58,896-€58,90020232024
The operating result stays negative: a loss of €26,004 in 2024 against €36,481 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €1.4m ▲ 53.8%
Current assets €115,080 ▼ 72.5%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€24,397
Cash flow
-€57,289
Debt to equity
-21.02▲
2023 · -91.56
Interest coverage
-0.50
Debt ≤ 1 year
€520,170▲
2023 · €267,648
Debt > 1 year
€1.0m▼
2023 · €1.0m
Income taxes
-€207
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 · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.3m€1.5m▲
Fixed assets21/28€878,000€1.4m▲
Tangible fixed assets22/27-€1,508
Furniture and vehicles24-€1,508
Financial fixed assets28€878,000€1.3m▲
Current assets29/58€419,220€115,080▼
Amounts receivable within one year40/41€406,388€57,548▼
Other amounts receivable41€406,388€57,548▼
Cash at bank and in hand54/58€10,114€56,240▲
Deferred charges and accrued income490/1€2,718€1,291▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲
Equity10/15-€14,325-€73,221▼
Contributions10/11€72,000€72,000=
Capital10€72,000€72,000=
Issued capital100€72,000€72,000=
Profit (loss) carried forward14-€86,325-€145,221▼
Amounts payable17/49€1.3m€1.5m▲
Amounts payable after more than one year17€1.0m€1.0m▼
Financial debts170/4€1.0m€1.0m▼
Amounts payable within one year42/48€267,648€520,170▲
Current portion of amounts payable after more than one year42€135,555€210,230▲
Trade debts44€32,848€30,742▼
Suppliers440/4€32,848€30,742▼
Taxes, remuneration and social security45€4,754€3,963▼
Taxes450/3€4,754€3,963▼
Other amounts payable47/48€94,491€275,234▲
Accrued charges and deferred income492/3€17,288€8,132▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,607
Other operating charges640/8€732€488▼
Gross operating margin9900-€35,749-€23,909▲
Operating profit (loss)9901-€36,481-€26,004▲
Financial income75/76B€8,211€15,288▲
Recurring financial income75€8,211€15,260▲
Non-recurring financial income76B-€28
Financial charges65/66B€58,054€48,387▼
Recurring financial charges65€58,054€48,387▼
Profit (loss) for the period before taxes9903-€86,325-€59,103▲
Income taxes67/77--€207
Profit (loss) for the period9904-€86,325-€58,896▲
Profit (loss) for the period to be appropriated9905-€86,325-€58,896▲
Appropriation of the result
Profit (loss) to be appropriated9906-€86,325-€145,221▼
Profit (loss) brought forward from the previous period14P--€86,325

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,607-
Other operating charges640/8€732€488▼ 33.3%
Gross operating margin9900-€35,749-€23,909▲ 33.1%
Operating profit (loss)9901-€36,481-€26,004▲ 28.7%
Financial income75/76B€8,211€15,288▲ 86.2%
Recurring financial income75€8,211€15,260▲ 85.9%
Non-recurring financial income76B-€28-
Financial charges65/66B€58,054€48,387▼ 16.7%
Recurring financial charges65€58,054€48,387▼ 16.7%
Profit (loss) for the period before taxes9903-€86,325-€59,103▲ 31.5%
Income taxes67/77--€207-
Profit (loss) for the period9904-€86,325-€58,896▲ 31.8%
Profit (loss) for the period to be appropriated9905-€86,325-€58,896▲ 31.8%
Line20232024Change
Assets
Total assets20/58€1.3m€1.5m▲ 13.0%
Fixed assets21/28€878,000€1.4m▲ 53.8%
Tangible fixed assets22/27-€1,508-
Furniture and vehicles24-€1,508-
Financial fixed assets28€878,000€1.3m▲ 53.7%
Current assets29/58€419,220€115,080▼ 72.5%
Amounts receivable within one year40/41€406,388€57,548▼ 85.8%
Other amounts receivable41€406,388€57,548▼ 85.8%
Cash at bank and in hand54/58€10,114€56,240▲ 456%
Deferred charges and accrued income490/1€2,718€1,291▼ 52.5%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.5m▲ 13.0%
Equity10/15-€14,325-€73,221▼ 411%
Contributions10/11€72,000€72,000=
Capital10€72,000€72,000=
Issued capital100€72,000€72,000=
Profit (loss) carried forward14-€86,325-€145,221▼ 68.2%
Amounts payable17/49€1.3m€1.5m▲ 17.3%
Amounts payable after more than one year17€1.0m€1.0m▼ 1.6%
Financial debts170/4€1.0m€1.0m▼ 1.6%
Amounts payable within one year42/48€267,648€520,170▲ 94.3%
Current portion of amounts payable after more than one year42€135,555€210,230▲ 55.1%
Trade debts44€32,848€30,742▼ 6.4%
Suppliers440/4€32,848€30,742▼ 6.4%
Taxes, remuneration and social security45€4,754€3,963▼ 16.6%
Taxes450/3€4,754€3,963▼ 16.6%
Other amounts payable47/48€94,491€275,234▲ 191%
Accrued charges and deferred income492/3€17,288€8,132▼ 53.0%
Line20232024Change
Profit (loss) for the period9904-€86,325-€58,896▲ 31.8%
+ Depreciation and write-downs630-€1,607-
Operating cash flow (approximation)-€86,325-€57,289▲ 33.6%
Investment in fixed assets (approximation)--€474,248-
Change in cash-€46,126-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Hannut · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
4,230 m²
Volume, LiDAR
30,913 m³
Parcel 64034A0855/00D000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
H2G
Rue des Combattants 51, 4280 HannutHoldings
since 20222.335.095.846
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64034A0855/00D000 Wallonia 1.1 ha 1 · 4,230 m² 8.7 m · 2 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of H2G and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded05-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail johan.hatert@nalonsart.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790433204
Also 9925:BE0790433204
Registered 18-12-2025

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

Register as of 30 September 2026 · Peppol Directory

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