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HELD

Active Private limited companyfounded 1988active for 38 yearsAm Eischbaum 10, 4760 BullangeKBO/BCE: BE 0434.112.018 #1 oldest company in Bullange, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €306,087 (2025)
€306,087▲ 11.3%
lowest -€15,751 (2007)
€4,402▲ 233%
peak €309,733 (2025)
€309,733▲ 1.4%
€218,324▼ 2.7%
peak 7.5 FTE (2008)
-not published
Board1 name since 2024
1 director
Documentsfilings and deeds
21-09-202652 days late
2025abbreviated format
Result from €1,320 to €4,402Cash from €16,951 to €57

Key points

from the 2025 annual accounts

Turnover

≈ €890,000 estimated

The accounts state no turnover.

Staff

5 FTE from 7.5 in 2008

Between 2008 and 2025, 33% of the full-time equivalents disappeared.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Ten of the last ten came late. The 2016 accounts came latest: 57 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as HELD has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for HELD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0434112018
Company renamed from P.G.m.b.H.HELD to HELD Change of role: , from manager to director · Permanent representative: · Director discharge: · General meeting of 07-12-2023 · Gazette deed
First establishment HELD PGMBH, Am Eischbaum 10, Bullange
Incorporation published on 20-05-1988 · Gazette deed
All 49 events

Comparable companies

same main activity, similar in size and age
Company
HELD Bullange €528,058 €306,087 58.7% -
S.C. DEMA Saint-Vith €477,280 €267,838 56.9% 4.1
BINNENHUISINRICHTING LEFEVER Poperinge €556,649 €313,345 32.4% 3.7
DEMO Sint-Gillis-Waas €557,527 €274,819 36.2% 2.5
GEBART BELGIUM Tessenderlo-Ham €551,396 €270,899 61.3% 5.2
ATELIER-DB Deerlijk €476,090 €317,350 41.6% 3.7
GEBROEDERS CORNELISSEN Zonhoven €527,472 €316,501 47.6% 1.8

These companies have the same main activity as HELD: joinery installation (NACE 43320). They are comparable in size and age: total assets between €476,000 and €558,000, founded between 1982 and 1990.

Official details

Source: KBO
Status
Active since 22-04-1988Normal situation
Activity
Joinery installationNACE 43320and 3 others
Establishment unit
2.037.890.5194760 Bullange, since 11-05-1988
Financial year end
31 December
Peppol
Reachable since 08-04-2026
Company details

Annual accounts 2025

€528,058▼ 0.3%
Employeeson 31-12-2025
5=
Filing
Filed on 21-09-2026
Financials

Insights on HELD

HELD files the abbreviated format. That format states no turnover. The gross margin rose from €210,702 in 2006 to €306,087 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HELD

What is the company number of HELD?
The company number of HELD is 0434.112.018. The VAT number is the same number with BE in front: BE 0434.112.018.
Where is HELD based?
The registered office is at Am Eischbaum 10, 4760 Bullange.Company details
What does HELD do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of HELD?
HELD is a private limited company (BV).
When was HELD founded?
HELD was founded on 22-04-1988.
Is HELD still active?
Yes, HELD is an active enterprise in the KBO register.
How many employees does HELD have?
HELD had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HELD?
The turnover in financial year 2025 is ≈ €890,000. This figure is estimated from the gross margin of €306,087 and 39 comparable companies (NACE 433). It probably lies between €660,000 and €1.1m.
Is HELD profitable?
In financial year 2025, HELD made a profit of €4,402.
Where can I find the annual accounts of HELD?
HELD filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HELD due?
HELD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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