HG & ASSOCIES
ActiveSummary
The computed 12-month bankruptcy probability of HG & ASSOCIES is 7.3% (elevated). For HG & ASSOCIES, one annual filing is missing. The 2024 annual accounts show equity of €17,499 and a net result of €6,987. Equity has been growing by about 31% per year since 2020. Its solvency ranks better than 24% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 02-01-2013 Normal situation
- Activity
- General electrical installation work NACE 43211and 3 others
- Establishment unit
- 2.252.414.036 1020 Brussel, since 20-05-2014
- Financial year end
- 30 June
- Peppol
- Reachable since 07-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.3%
2024 figures too old to score
Annual accounts to 30-06-2024
- Gross margin
- €12,515
- Turnover
- ≈ €100,000
- estimated
- Profit
- €6,987
- Equity
- €17,499
- ▲ 66.5%
- Total assets
- €77,198
- ▲ 350%
- 2025 accounts not filed, 275 days past the deadline
Filed on 04-02-2025
Signalsraises riskFigures for financial year 2024 (filed on 04-02-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 5 days late; 1 of the last 3 accounts lateSize: total assets €77,198Annual accounts not filed2024 accounts filed 4 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2024. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: One annual filing is missing
Financial strength, FY 2024 · tick: 2023
Strong
Solvency
48-38
equity 22.7% of total assets
Liquidity
52-15
short-term debt 38.0% · cash 15.8%
Profitability
80+80
return on assets 9.1%
Bankruptcy probability within 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 1.0%▲ +0.2 percentage points vs 01-2025
03-2025: 0.7%▼ -0.3 percentage points vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025lowest value
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 1.1%▲ +0.3 percentage points vs 01-2026
03-2026: 1.3%▲ +0.2 percentage points vs 02-2026
04-2026: 1.9%▲ +0.6 percentage points vs 03-2026
05-2026: 2.1%▲ +0.2 percentage points vs 04-2026
06-2026: 6.1%▲ +4.0 percentage points vs 05-2026
07-2026: 7.6%▲ +1.5 percentage points vs 06-2026
08-2026: 7.6%● unchanged vs 07-2026
09-2026: 7.9%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 7.3%▼ -0.6 percentage points vs 09-2026
11-2026: 7.3%● unchanged vs 10-2026
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Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 275 days later.
NBB · 9 filingsPosition against the passed deadline
30-06-2025 year end31-01-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 4 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
4 days late
2023
1 day late
2022
366 days late
2021
1368 days late
2020
78 days late
2017
35 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 309 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Recent changes
- · Gazette deed Registered office moved to Ternat
- · Gazette deed Registered office moved from Les Bons Villers to Ternat
- · Gazette deed Resignation: GUERRA CONSTANTE Segundo Humberto (manager)Reappointment: GUERRA CONSTANTE Segundo Humberto (director)
Comparable companies
These companies have the same main activity as HG & ASSOCIES: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €75,700 and €89,100, founded between 2011 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| HG & ASSOCIES Ternat | €77,198 | €12,515 |
| VAN ESPEN SERVICES Tielt-Winge | €89,090 | €12,784 |
| Smeets Technics Hasselt | €81,025 | €13,193 |
| Servilight Antwerpen | €75,722 | €10,750 |
| E&G GROUP Heusden-Zolder | €80,538 | €12,260 |
| POWER HOME Sint-Lambrechts-Woluwe | €84,523 | €12,023 |
| ELEC2LIFE Jodoigne | €87,046 | €13,077 |
Key facts about HG & ASSOCIES
- What is the company number of HG & ASSOCIES?
- The company number of HG & ASSOCIES is 0508.833.690. The VAT number is the same number with BE in front: BE 0508.833.690.
- Where is HG & ASSOCIES based?
- The registered office is at Assesteenweg 200, 1742 Ternat.Company details
- What does HG & ASSOCIES do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of HG & ASSOCIES?
- The legal form of HG & ASSOCIES is Private limited company (BV).
- When was HG & ASSOCIES founded?
- HG & ASSOCIES was founded on 02-01-2013.
- Is HG & ASSOCIES still active?
- Yes, HG & ASSOCIES is an active enterprise in the KBO register.
- How many employees does HG & ASSOCIES have?
- HG & ASSOCIES had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of HG & ASSOCIES?
- The turnover in financial year 2024 is ≈ €100,000. This figure is estimated from the gross margin of €12,515 and 97 comparable companies (NACE 43211). It probably lies between €68,000 and €220,000. It is a rough estimate.
- Is HG & ASSOCIES profitable?
- In financial year 2024, HG & ASSOCIES made a profit of €6,987.
- Where can I find the annual accounts of HG & ASSOCIES?
- HG & ASSOCIES filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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