Skip to content

HD17 IMMO

Active
Public limited companyfounded 200125 yrs activeDrève Richelle 161D, 1410 Waterloo, BelgiumKBO/BCE: BE 0475.008.406
Summary

HD17 IMMO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283,780 and a net result of €260,888. Equity is shrinking by ~4.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
HD17 IMMOActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€451,628turnover 2025
Equity
€283,780
Profit
€260,888
Turnover +352%: 12-month year
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
HD17 HOLDING · 100%
Board
6 members
Auditor: RSM INTERAUDITAccounts 16 d early
Why 94- Equity €283,780 (6.7% of total assets)+ Size: turnover €451,628, total assets €4.2m+ Figures for FY 2025 (filed 15-07-2026)+ Founded in 2001Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 61% of its sector peers (no NACE code, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 32+6
equity 6.7% of total assets
Liquidity 53+3
short-term debt 7.9% · cash 2.6%
Profitability 53+14
return on assets 6.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 23 months 12-2024: 2.9% 01-2025: 2.9%● 0.0% vs 12-2024 02-2025: 2.9%● 0.0% vs 01-2025 03-2025: 2.9%● 0.0% vs 02-2025 04-2025: 3.0%▲ +1.2% vs 03-2025 05-2025: 3.0%● 0.0% vs 04-2025 06-2025: 3.1%▲ +3.8% vs 05-2025 07-2025: 3.2%▲ +3.3% vs 06-2025highest value 08-2025: 1.2%▼ -61.8% vs 07-2025 09-2025: 1.2%● 0.0% vs 08-2025 10-2025: 1.2%● 0.0% vs 09-2025 11-2025: 0.4%▼ -67.4% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▲ +12.9% vs 12-2025 02-2026: 0.4%▼ -1.8% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%▲ +1.4% vs 03-2026 05-2026: 0.4%● 0.0% vs 04-2026 06-2026: 0.5%▲ +3.8% vs 05-2026 07-2026: 0.5%▼ -1.5% vs 06-2026 08-2026: 0.1%▼ -76.5% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Size: turnover €451,628, total assets €4.2m lowers the probability for this profile
  • Figures for FY 2025 (filed 15-07-2026) lowers the probability
  • Founded in 2001 lowers the probability for this profile
  • Equity €283,780 (6.7% of total assets) raises the probability
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 12.67 against 98.48 in 2024; short-term debt: 7.9% and cash: 2.6% of total assets), but 93.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, small). Better than this share of them on solvency 18%, liquidity 69%, profitability 57%, growth against the median 98%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €451,628, total assets €4.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 15-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2001
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Equity €283,780 (6.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1920212223242425
2019 to 2025 · latest year €283,780
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
24 d early
2024
28 d early
2023
268 d late
2022
316 d late
2021
20 d early
2020
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 66 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: ABSOlute Consulting SRL (director)Appointment: XAVIER PIERLET SRL (director)…
  3. Highest result since 2019net €260,888 ▲1,104%

Key points

  • Turnover rose in 202512-month fiscal year ▲ 352% View
  • Controlled by HD17 HOLDINGknown shareholders 100% 100% View
  • Board changedlatest change 22-12-2025 · 6 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2025
Turnover
€451,628
Profit
€260,888
Solvency
6.7%
Turnover▲ 352%
Net result
20242025
Go to Financials

Board & ownership

Board
6 members
Parent
HD17 HOLDING · 100%
Known shareholders
100%
Auditor
RSM INTERAUDIT
Go to Board & ownership

Timeline

Events
33
Since
2005
Next accounts
by 31-07-2027
  1. 15-07-2026Annual accounts filed
  2. 02-04-2026Resignation: ABSOlute Consulting SRL (director)
  3. 31-12-2025Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
15-06-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure