HANDASSA OFFICE
ActiveHANDASSA OFFICE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €7k. Equity is growing by ~80% per year across the filed fiscal years. Its solvency ranks better than 72% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency99▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.92 against 2.35 in 2023; short-term debt: 25.5% and cash: 58.2% of total assets), and 25.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
74.5%
Return on assets
27.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
105 d late
2022
67 d late
2021
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€19k▲ 58.6%
2023 · €12k
2021: €4k
2022: €4k
2023: €12k
2021 → 2024
Total assets
€26k▲ 22.5%
2023 · €21k
2021: €14k
2022: €12k
2023: €21k
2021 → 2024
Net result
€7k▼ 14.6%
2023 · €8k
2021: €1k
2022: €250
2023: €8k
2021 → 2024
Working capital
€19k▲ 58.6%
2023 · €12k
2021: €4k
2022: €4k
2023: €12k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€4k-€4k▲ 6.9%€12k▲ 219%€19k▲ 58.6%
Operating result€2k-€311▼ 85.4%€12k▲ 3,659%€10k▼ 14.2%
Net result€1k-€250▼ 77.4%€8k▲ 3,272%€7k▼ 14.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €26k
Equity
€19k▲ 58.6%
Debt
€7k▼ 26.5%
The debt ratio falls from 42.5% to 25.5%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
74.5%▲
2023 · 57.5%
Current ratio
3.92▲
2023 · 2.35
Quick ratio
3.92▲
2023 · 2.35
Debt / equity
0.34▼
2023 · 0.74
ROE
36.9%▼
2023 · 68.6%
ROA
27.5%▼
2023 · 39.5%
Debt
€7k▼
2023 · €9k
Debt ≤ 1 year
€7k▼
2023 · €9k
Income taxes
€2k▼
2023 · €3k
Staff costs
€59
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€21k€26k▲
Current assets29/58€21k€26k▲
Amounts receivable within one year40/41€11k€10k▼
Trade receivables40€11k€10k▼
Cash at bank and in hand54/58€8k€15k▲
Deferred charges and accrued income490/1€3k€537▼
Equity and liabilities
Total equity and liabilities10/49€21k€26k▲
Equity10/15€12k€19k▲
Contributions10/11€3k€3k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€8k€16k▲
Amounts payable17/49€9k€7k▼
Amounts payable within one year42/48€9k€7k▼
Trade debts44€879€865▼
Suppliers440/4€879€865▼
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€6k▼
Remuneration and social security454/9€283€115▼
Other amounts payable47/48€171€143▼
Income statement
Code20232024
Remuneration, social security and pensions62-€59
Gross operating margin9900€12k€10k▼
Operating profit (loss)9901€12k€10k▼
Financial income75/76B€33-
Recurring financial income75€33-
Financial charges65/66B€156€1k▲
Recurring financial charges65€156€1k▲
Profit (loss) for the period before taxes9903€12k€9k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€8k€7k▼
Profit (loss) for the period to be appropriated9905€8k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€16k▲
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 105 days late
2023
31-12
Financial
Highest result since 2021net €8k ▲3272%
Operating result €12k, net result €8k, both a record.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Weakest financial yearnet €250 ▼77.4%
Net result drops to €250, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dieudonné Lefèvrestraat 171020 BrusselGround area
8,222 m²
Building footprint
5,857 m²
Volume, LiDAR
60,763 m³
Parcel 21815D0297/00G004, Brussels · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HANDASSA OFFICE
since 20212.314.944.986
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0297/00G004 | Brussels | 8,221 m² | 1 · 5,857 m² | 15.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,427 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2021
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.