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HANOVER DISPLAYS

Active
Private limited companyfounded 2019active for 6 yearsKardinaal Mercierplein 2, 2800 Mechelen, Belgium53 active companies are registered at this addressKBO/BCE: BE 0737.945.118
Summary

HANOVER DISPLAYS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,151) and a net result of -€2,085. Equity is shrinking by about 51% per year across the filed financial years. Its solvency ranks better than 19% of 820 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
HANOVER DISPLAYSActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
Other software publishing
NACE 58290
1 site
Size
€10,133total assets 2025
Equity
-€1,151
Loss
-€2,085
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts filed 28 days late0 of 1 deed read
Why 53raises riskCapped at 59: negative equityNegative equity -€1,151lowers riskSize: total assets €10,133Sector: Publishing activities (NACE 58)Liquidity: current ratio 0.90, cash €10,000Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 58, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 14-20
equity -11.4% of total assets
Liquidity 50=
short-term debt 111.4% · cash 98.7%
Profitability 0=
return on assets -20.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,277 companies, NACE 58, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.9, compared with 1.1 in 2024, below 1; short-term debt: 111.4% and cash: 98.7% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 58, micro): better than 17% on solvency, 39% on liquidity, 8% on profitability and 3% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €10,133
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€1,151
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
lowers risk · Liquidity: current ratio 0.90, cash €10,000
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€1,151
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
28 days late
2024
8 days early
2023
35 days early
2022
28 days early
2021
30 days early
2020
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days before the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% 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 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1,151 View
  • Risk: 5 loss-making years in a rowloss financial year 2025 -€2,085 View
  • Caution: Among the weakest 19% on solvencysector median 49.7% · 820 companies -11.4% View

By topic

Financials

Financial year
2025
Total assets
€10,133
Loss
-€2,085
Solvency
-11.4%
Total assets▲ 1.3%
Net result
20202025
Go to Financials

Timeline

Events
6
Since
2021
Next accounts
by 31-07-2027
  1. 03-07-2023Annual accounts filed
  2. 01-07-2022Annual accounts filed
  3. 04-08-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other software publishingNACE 58290
Founded
22-11-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about HANOVER DISPLAYS

What is the company number of HANOVER DISPLAYS?
0737.945.118. In Belgium the VAT number is the company number with BE in front: BE 0737.945.118.
Where is HANOVER DISPLAYS based?
The registered office is at Kardinaal Mercierplein 2, 2800 Mechelen.Company details
What does HANOVER DISPLAYS do?
According to the KBO register, the main activity is other software publishing (NACE 58290).
What is the legal form of HANOVER DISPLAYS?
Private limited company (BV).
When was HANOVER DISPLAYS founded?
On 22-11-2019.
Is HANOVER DISPLAYS still active?
Yes, HANOVER DISPLAYS is an active enterprise in the KBO register.
What is the turnover of HANOVER DISPLAYS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HANOVER DISPLAYS profitable?
In financial year 2025, HANOVER DISPLAYS made a loss of €2,085.
Where can I find the annual accounts of HANOVER DISPLAYS?
HANOVER DISPLAYS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HANOVER DISPLAYS due?
By 31-07-2027, for financial year 2026.Timeline

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