Financials
- Fiscal year
- 2025
- Total assets
- €30,033
- Loss
- -€915
- Solvency
- 96.8%
Total assets▲ 0.1%
20242025
HBELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of HBELGIUM is 21.3% (high). The 2025 annual accounts show equity of €29,085 and a net result of -€915. Its solvency ranks better than 95% of 9,039 sector peers (NACE 41, fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001
Size
€30,033total assets 2025
- Equity
- €29,085
- Loss
- -€915
Turnover not published (abridged schema)
Structure
- Board
- 1 member
Accounts filed 53 days late2 of 4 deeds read
Why 15- 2 changes of registered office in 24 months- No establishment unit in the KBO- Founded in 2024- Liquidity: current ratio 31.67, cash €31Show the evidence
Checked score
Score 2025
15
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 49% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency
100
equity 96.8% of total assets
Liquidity
50
short-term debt 3.2% · cash 0.1%
Profitability
30
return on assets -3.0%
Bankruptcy probability, 12 months
21.3%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 10.5%
10-2025: 8.7%▼ -1.8 percentage points vs 09-2025lowest value
11-2025: 8.7%● unchanged vs 10-2025lowest value
12-2025: 8.8%▲ +0.1 percentage points vs 11-2025
01-2026: 9.1%▲ +0.3 percentage points vs 12-2025
02-2026: 9.4%▲ +0.3 percentage points vs 01-2026
03-2026: 9.5%▲ +0.1 percentage points vs 02-2026
04-2026: 19.6%▲ +10.1 percentage points vs 03-2026
05-2026: 19.8%▲ +0.2 percentage points vs 04-2026
06-2026: 20.1%▲ +0.3 percentage points vs 05-2026
07-2026: 20.1%● unchanged vs 06-2026
08-2026: 20.5%▲ +0.4 percentage points vs 07-2026
09-2026: 20.7%▲ +0.2 percentage points vs 08-2026
10-2026: 21.3%▲ +0.6 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 31.67; short-term debt: 3.2% and cash: 0.1% of total assets), and 3.2% of the assets are financed with debt.
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 41, micro): better than 92% on solvency, 52% on liquidity, 19% on profitability and 31% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Five signals.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
53 days late
2024
39 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Registered officeRegistered-office move
- Resignation: MARTINS BIANCHI SILVA Hygor (director)Appointment: DA SILVA CUNHA Patricia…
Key points
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 4
- Since
- 2025
- Next accounts
- by 31-07-2027
- 08-09-2025Annual accounts filed
Company details
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 28-08-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 34
- Who signs
- Each director alone
- Annual meeting
- Third Thursday of June at 18:00
- Purpose
- Alle activiteiten die direct of indirect verband houden met de horeca in het algemeen en…
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