H2SS SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of H2SS SERVICES is 16.8% (high). The 2024 annual accounts show negative equity (-€1,056) and a net result of -€16,045. The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 2 accounts on average 201 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 16.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 7,638 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.
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Turnover70 | - | €9,517 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €21,417 | - |
| Remuneration, social security and pensions62 | €514 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,833 | - |
| Other operating charges640/8 | - | €123 | - |
| Gross operating margin9900 | €4,883 | -€11,900 | - |
| Operating profit (loss)9901 | €4,369 | -€14,856 | - |
| Financial charges65/66B | €45 | €108 | - |
| Recurring financial charges65 | €45 | €108 | - |
| Profit (loss) for the period before taxes9903 | €4,324 | -€14,964 | - |
| Income taxes67/77 | - | €1,081 | - |
| Profit (loss) for the period9904 | €4,324 | -€16,045 | - |
| Profit (loss) for the period to be appropriated9905 | €4,324 | -€16,045 | - |
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13,749 | €4,578 | - |
| Fixed assets21/28 | €78 | €4,389 | - |
| Tangible fixed assets22/27 | - | €4,311 | - |
| Furniture and vehicles24 | - | €4,311 | - |
| Financial fixed assets28 | €78 | €78 | - |
| Current assets29/58 | €13,671 | €189 | - |
| Amounts receivable within one year40/41 | €13,630 | - | - |
| Trade receivables40 | €385 | - | - |
| Other amounts receivable41 | €13,244 | - | - |
| Cash at bank and in hand54/58 | €41 | €189 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13,749 | €4,578 | - |
| Equity10/15 | €4,324 | -€1,056 | - |
| Contributions10/11 | - | €2,000 | - |
| Profit (loss) carried forward14 | €4,324 | -€3,056 | - |
| Amounts payable17/49 | €9,425 | €5,634 | - |
| Amounts payable within one year42/48 | €9,425 | €5,634 | - |
| Trade debts44 | €8,892 | - | - |
| Suppliers440/4 | €8,892 | - | - |
| Taxes, remuneration and social security45 | €533 | €2,294 | - |
| Taxes450/3 | €533 | €2,294 | - |
| Other amounts payable47/48 | - | €3,340 | - |
| Line | 2022 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,324 | -€16,045 | - |
| + Depreciation and write-downs630 | - | €2,833 | - |
| Operating cash flow (approximation) | €4,324 | -€13,212 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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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.