HH
ActiveSummary
HH has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,370 and a net result of €15,774. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-2
Solvency71▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.43 in 2024; short-term debt: 54.3% and cash: 17.4% of total assets), but 54.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.7%
Return on assets
6.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
46 d early
2023
5 d early
2022
on the day
2021
3 d early
2020
25 d late
2019
270 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 28 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€116,370▲ 15.7%
2024 · €100,596
Total assets
€254,916▼ 20.5%
2024 · €320,742
Net result
€15,774▼ 30.6%
2024 · €22,741
Working capital
€110,869▲ 17.7%
2024 · €94,160
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,118€51,954€15,790▼ 69.6%€31,915▲ 102%€25,203▼ 21.0%
Net result-€4,882below the sector's middle half€25,034above the sector's middle half€10,088within the sector's middle half▼ 59.7%€22,741above the sector's middle half▲ 125%€15,774within the sector's middle half▼ 30.6%
Equity€42,732within the sector's middle half▼ 10.3%€67,766within the sector's middle half▲ 58.6%€77,854within the sector's middle half▲ 14.9%€100,596within the sector's middle half▲ 29.2%€116,370within the sector's middle half▲ 15.7%
Total assets€289,777within the sector's middle half▲ 3.7%€278,934within the sector's middle half▼ 3.7%€302,837within the sector's middle half▲ 8.6%€320,742within the sector's middle half▲ 5.9%€254,916within the sector's middle half▼ 20.5%
Debt€247,046▲ 6.6%€211,168▼ 14.5%€224,983▲ 6.5%€220,146▼ 2.1%€138,546▼ 37.1%
Working capital€31,137within the sector's middle half▼ 2.7%€55,700within the sector's middle half▲ 78.9%€70,491within the sector's middle half▲ 26.6%€94,160above the sector's middle half▲ 33.6%€110,869above the sector's middle half▲ 17.7%
Solvency14.7%within the sector's middle half▼ 2.3pp24.3%within the sector's middle half▲ 9.5pp25.7%within the sector's middle half▲ 1.4pp31.4%within the sector's middle half▲ 5.7pp45.7%within the sector's middle half▲ 14.3pp
Current ratio1.13within the sector's middle half▼ 0.011.26within the sector's middle half▲ 0.131.31within the sector's middle half▲ 0.051.43within the sector's middle half▲ 0.111.80within the sector's middle half▲ 0.37
Return on assets (ROA)-1.7%below the sector's middle half▼ 8.7pp9.0%within the sector's middle half▲ 10.7pp3.3%within the sector's middle half▼ 5.6pp7.1%within the sector's middle half▲ 3.8pp6.2%within the sector's middle half▼ 0.9pp
Staff (FTE)1.5
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254,916
Fixed assets
€5,509 ▼ 14.4%
Current assets
€249,407 ▼ 20.6%
Equity and liabilities €254,916
Equity
€116,370 ▲ 15.7%
Debt
€138,546 ▼ 37.1%
Debt's share of the balance-sheet total falls from 68.6% to 54.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,131▼
2024 · €32,843
Cash flow
€16,701▼
2024 · €23,669
Quick ratio
0.42▼
2024 · 0.53
Debt to equity
1.19▼
2024 · 2.19
ROE
13.6%▼
2024 · 22.6%
Interest coverage
15.76▼
2024 · 17.32
Debt ≤ 1 year
€138,538▼
2024 · €220,146
Income taxes
€8,859▲
2024 · €7,497
Staff costs
€15,067▼
2024 · €16,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €11,207 | €9,578 | €16,400 | €15,067 | ▼ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,767 | €6,767 | €6,949 | €927 | €928 | = |
| Other operating charges640/8 | - | €1,031 | €1,020 | €1,748 | €497 | ▼ 71.6% |
| Non-recurring operating charges66A | - | €1 | - | - | - | - |
| Gross operating margin9900 | €13,214 | €70,959 | €33,338 | €50,991 | €41,695 | ▼ 18.2% |
| Operating profit (loss)9901 | -€3,118 | €51,954 | €15,790 | €31,915 | €25,203 | ▼ 21.0% |
| Financial income75/76B | - | €128 | €442 | €219 | €1,088 | ▲ 396% |
| Recurring financial income75 | €582 | €128 | €442 | €219 | €1,088 | ▲ 396% |
| Financial charges65/66B | - | €2,075 | €1,357 | €1,896 | €1,658 | ▼ 12.5% |
| Recurring financial charges65 | €2,112 | €2,075 | €1,357 | €1,896 | €1,658 | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | -€4,648 | €50,007 | €14,876 | €30,239 | €24,632 | ▼ 18.5% |
| Income taxes67/77 | €234 | €24,973 | €4,787 | €7,497 | €8,859 | ▲ 18.2% |
| Profit (loss) for the period9904 | -€4,882 | €25,034 | €10,088 | €22,741 | €15,774 | ▼ 30.6% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €431 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €87 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | -€4,985 | €25,034 | €10,088 | €22,654 | €16,205 | ▼ 28.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €289,777 | €278,934 | €302,837 | €320,742 | €254,916 | ▼ 20.5% |
| Fixed assets21/28 | €18,832 | €12,066 | €7,364 | €6,436 | €5,509 | ▼ 14.4% |
| Tangible fixed assets22/27 | €15,583 | €8,816 | €4,115 | €3,187 | €2,260 | ▼ 29.1% |
| Furniture and vehicles24 | - | €6,450 | €2,065 | €1,454 | €843 | ▼ 42.0% |
| Other tangible fixed assets26 | - | €2,367 | €2,050 | €1,733 | €1,417 | ▼ 18.3% |
| Financial fixed assets28 | €3,249 | €3,249 | €3,249 | €3,249 | €3,249 | = |
| Current assets29/58 | €270,945 | €266,868 | €295,473 | €314,305 | €249,407 | ▼ 20.6% |
| Stocks and contracts in progress3 | €156,524 | €178,465 | €210,319 | €197,043 | €191,021 | ▼ 3.1% |
| Stocks30/36 | - | €178,465 | €210,319 | €197,043 | €191,021 | ▼ 3.1% |
| Amounts receivable within one year40/41 | €44,811 | €40,519 | €60,927 | €63,876 | €9,668 | ▼ 84.9% |
| Trade receivables40 | - | €27,602 | €48,011 | €59,641 | €6,571 | ▼ 89.0% |
| Other amounts receivable41 | - | €12,916 | €12,916 | €4,235 | €3,097 | ▼ 26.9% |
| Cash at bank and in hand54/58 | €68,048 | €46,508 | €23,765 | €53,386 | €44,369 | ▼ 16.9% |
| Deferred charges and accrued income490/1 | - | €1,377 | €462 | - | €4,349 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €289,777 | €278,934 | €302,837 | €320,742 | €254,916 | ▼ 20.5% |
| Equity10/15 | €42,732 | €67,766 | €77,854 | €100,596 | €116,370 | ▲ 15.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | - | - | - |
| Issued capital100 | - | €18,592 | €18,592 | - | - | - |
| Outside capital11 | - | - | - | €18,592 | - | - |
| Other1109/19 | - | - | - | €18,592 | - | - |
| Reserves13 | €2,203 | €2,203 | €2,203 | €2,290 | €95,000 | ▲ 4,048% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | - | - |
| Legal reserve130 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,859 | - | - |
| Tax-exempt reserves132 | - | €344 | €344 | €431 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €95,000 | - |
| Profit (loss) carried forward14 | €21,937 | €46,971 | €57,060 | €79,714 | €2,778 | ▼ 96.5% |
| Amounts payable17/49 | €247,046 | €211,168 | €224,983 | €220,146 | €138,546 | ▼ 37.1% |
| Amounts payable after more than one year17 | €2,949 | - | - | - | - | - |
| Amounts payable within one year42/48 | €239,808 | €211,168 | €224,983 | €220,146 | €138,538 | ▼ 37.1% |
| Current portion of amounts payable after more than one year42 | - | €2,949 | - | - | - | - |
| Trade debts44 | €66,445 | €31,941 | €61,876 | €43,570 | €18,746 | ▼ 57.0% |
| Suppliers440/4 | - | €31,941 | €61,876 | €43,570 | €18,746 | ▼ 57.0% |
| Advances received on contracts in progress46 | - | €6,450 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €35,506 | €24,298 | €25,209 | €11,437 | ▼ 54.6% |
| Taxes450/3 | - | €27,736 | €20,678 | €20,815 | €9,474 | ▼ 54.5% |
| Remuneration and social security454/9 | - | €7,770 | €3,620 | €4,395 | €1,963 | ▼ 55.3% |
| Other amounts payable47/48 | - | €134,322 | €138,808 | €151,366 | €108,355 | ▼ 28.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €8 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,882 | €25,034 | €10,088 | €22,741 | €15,774 | ▼ 30.6% |
| + Depreciation and write-downs630 | €6,767 | €6,767 | €6,949 | €927 | €928 | = |
| Operating cash flow (approximation) | €1,885 | €31,801 | €17,038 | €23,669 | €16,701 | ▼ 29.4% |
| Investment in fixed assets (approximation) | - | €0 | -€2,248 | €0 | €0 | - |
| Change in cash | - | -€21,540 | -€22,743 | €29,621 | -€9,017 | ▼ 130% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Equity above €100,000Eq €100,596 ▲29.2%
3 profitable years in a row build equity to €100,596.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €25,034
Net result €25,034 after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet -€4,882
Net result drops to -€4,882, the lowest in the series; recovery starts the following year.
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 270 days late
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 231 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seneffe · 1 establishment unit since 1999
Ground area
656 m²
Building footprint
213 m²
Volume, LiDAR
1,627 m³
2 parcels, Brussels, Wallonia · tallest building 18.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Elsense Steenweg 221, 1050 Elsene
since 19992.092.195.473
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063B0301/00T000 | Wallonia | 542 m² | 1 · 102 m² | - |
| 21442A0283/00R000 | Brussels | 113 m² | 1 · 111 m² | 18.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 822 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-06-1999
Fiscal year end30-06
Activities, NACEBEL 2025
47640Retail sale of games and toys
47789Other retail sale of new goods
47400Retail sale of information and communication equipment
47715Retail trade
47770Retail sale of watches and jewellery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466325619
Also
9925:BE0466325619
Registered
21-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.