Financials
- Financial year
- 2024
- Turnover
- €1.7m
- Loss
- -€59,933
- Solvency
- -60.5%
Turnover
Net result
20182024
HH Global Belgium
ActiveSummary
The computed 12-month bankruptcy probability of HH Global Belgium is 7.1% (elevated). For HH Global Belgium, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€658,450) and a net result of -€59,933. Equity is shrinking by about 8.2% per year across the filed financial years. Its solvency ranks better than 5% of 83 sector peers (NACE 17, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of paper and paper products
NACE 17250Other professional, scientific and technical activities NACE 74999
1 site
Size
€1.7mturnover 2024
- Staff
- 14.5 FTE
- Equity
- -€658,450
- Loss
- -€59,933
Financial health
- Bankruptcy probabilitywithin 12 months
- 7.1%
2024 figures too old to score
Structure
- Parent
- HH Global Enterprise Network Limited
- Nadia McDonaldDirector
- Mélanie EdwardsDirector
Auditor: RSM Interaudit BV2025 accounts not filed, 361 days past the deadline
Signalsraises risk1 financial year not filed after the legal deadline; last filed accounts filed 693 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 26-09-2026)Size: turnover €1.7m, 14.5 FTE, total assets €1.1mAnnual accounts not filed2024 accounts filed 693 days latelowers riskFounded in 2013Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
0=
equity -60.5% of total assets
Liquidity
11-17
short-term debt 155.8% · cash 8.7%
Profitability
33+33
return on assets -5.5%
Bankruptcy probability, 12 months
7.1%
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
11-2024: 5.8%
12-2024: 6.6%▲ +0.8 percentage points vs 11-2024
01-2025: 8.1%▲ +1.5 percentage points vs 12-2024
02-2025: 8.2%▲ +0.1 percentage points vs 01-2025
03-2025: 5.6%▼ -2.6 percentage points vs 02-2025
04-2025: 7.3%▲ +1.7 percentage points vs 03-2025
05-2025: 7.3%● unchanged vs 04-2025
06-2025: 7.0%▼ -0.3 percentage points vs 05-2025
07-2025: 6.5%▼ -0.5 percentage points vs 06-2025
08-2025: 5.5%▼ -1.0 percentage point vs 07-2025
09-2025: 5.5%● unchanged vs 08-2025
10-2025: 6.3%▲ +0.8 percentage points vs 09-2025
11-2025: 8.3%▲ +2.0 percentage points vs 10-2025highest value
12-2025: 5.4%▼ -2.9 percentage points vs 11-2025lowest value
01-2026: 5.7%▲ +0.3 percentage points vs 12-2025
02-2026: 5.6%▼ -0.1 percentage points vs 01-2026
03-2026: 6.5%▲ +0.9 percentage points vs 02-2026
04-2026: 7.8%▲ +1.3 percentage points vs 03-2026
05-2026: 7.8%● unchanged vs 04-2026
06-2026: 7.8%● unchanged vs 05-2026
07-2026: 7.1%▼ -0.7 percentage points vs 06-2026
08-2026: 7.1%● unchanged vs 07-2026
09-2026: 7.1%● unchanged vs 08-2026
10-2026: 7.1%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 361 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 year end31-10-2025 deadline27-10-2026 today
raises risk · 2024 accounts filed 693 days late
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 24-09-2026, 693 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
693 days late
2023
41 days early
2022
214 days late
2021
579 days late
2020
671 days late
2019
509 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 438 days after the deadline; the sector median (NACE 17) for financial year 2024 is 13 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Resignation: Deloitte Bedrijfsrevisoren BV (statutory auditor)Appointment: RSM InterAudit BV (statutory…
- Resignation: Kristof Van Loon (director)Appointment: Mélanie Edwards (director)
Key points
- Risk: 2025 accounts not fileddeadline was 31-10-2025 361 days past the deadline View
- Risk: Negative equityfinancial year 2024: debts exceed assets -€658,450 View
- Risk: 4 loss-making years in a rowloss financial year 2024 -€59,933 View
- Caution: Among the weakest 5% on solvencysector median 44.8% · 83 companies -60.5% View
- Controlled by HH Global Enterprise Network…known shareholders 100% parent View
By topic
Board & ownership
- Board
- 2 members
- Parent
- HH Global Enterprise Network…
- Known shareholders
- 100%
- Auditor
- RSM Interaudit BV
- Nadia McDonaldDirector
- Mélanie EdwardsDirector
Timeline
- Events
- 35
- Since
- 2013
- 24-04-2025Capital & shares
- 21-03-2024Resignations & appointments
- 15-02-2024Resignations: Jan Verhaag, Michael Keen and Peter…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of paper and paper productsNACE 17250
- Founded
- 17-10-2013
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Who signs
- Each director alone
- Purpose
- “Het vervaardigen, ontwikkelen, aankopen, verkopen, invoeren en uitvoeren van alle…” (deed in Dutch)
Key facts about HH Global Belgium
- What is the company number of HH Global Belgium?
- 0540.910.404. In Belgium the VAT number is the company number with BE in front: BE 0540.910.404.
- Where is HH Global Belgium based?
- The registered office is at Culliganlaan 2C, 1831 Machelen (Brab.).Company details
- What does HH Global Belgium do?
- According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17250).
- What is the legal form of HH Global Belgium?
- Private limited company (BV).
- When was HH Global Belgium founded?
- On 17-10-2013.
- Is HH Global Belgium still active?
- Yes, HH Global Belgium is an active enterprise in the KBO register.
- How many employees does HH Global Belgium have?
- On average 14.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of HH Global Belgium?
- €1.7m in financial year 2024, according to the filed annual accounts.
- Is HH Global Belgium profitable?
- In financial year 2024, HH Global Belgium made a loss of €59,933.
- Where can I find the annual accounts of HH Global Belgium?
- HH Global Belgium filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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