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HH PARTNERS

Active
Private limited companyfounded 20233 yrs activeKasteelstraat 114, 8700 Tielt, BelgiumKBO/BCE: BE 0798.873.687
Summary

The computed 12-month bankruptcy probability of HH PARTNERS is 3.8% (moderate). The 2024 annual accounts show equity of €3,879 and a net result of €879. Its solvency ranks better than 19% of 701 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Social work activities without accommodation
NACE 88101Hairdressing and barber services NACE 96210
1 site
Size
€41,245total assets 2024
Equity
€3,879
Profit
€879
Turnover not published (abridged schema)
Financial health
47 Fair Checked score 2024
Bankruptcy chance 12 m
3.8%
Structure
Accounts filed 111 d late0 of 3 deeds read
Why 47- Figures for FY 2024 (filed 25-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 111 days late; 1 of the last 3 late- 1 change of registered office in 24 months+ Sector Social work activities without accommodation (NACE 88)Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 88, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 34
equity 9.4% of total assets
Liquidity 13
short-term debt 90.6% · cash 10.2%
Profitability 71
return on assets 2.1%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (1,117 companies)
Last 24 months 11-2024: 1.0% 12-2024: 0.9%▼ -2.7% vs 11-2024lowest value 01-2025: 1.0%▲ +9.0% vs 12-2024 02-2025: 1.0%▲ +3.7% vs 01-2025 03-2025: 1.0%● 0.0% vs 02-2025 04-2025: 1.0%● 0.0% vs 03-2025 05-2025: 1.0%▼ -0.7% vs 04-2025 06-2025: 1.1%▲ +1.8% vs 05-2025 07-2025: 1.1%● 0.0% vs 06-2025 08-2025: 1.1%● 0.0% vs 07-2025 09-2025: 1.7%▲ +56.2% vs 08-2025 10-2025: 1.7%● 0.0% vs 09-2025 11-2025: 4.1%▲ +146% vs 10-2025highest value 12-2025: 1.5%▼ -63.5% vs 11-2025 01-2026: 1.5%▼ -0.6% vs 12-2025 02-2026: 1.5%● 0.0% vs 01-2026 03-2026: 1.6%▲ +6.2% vs 02-2026 04-2026: 1.6%▲ +4.8% vs 03-2026 05-2026: 1.6%▼ -2.3% vs 04-2026 06-2026: 1.5%▼ -3.5% vs 05-2026 07-2026: 1.5%● 0.0% vs 06-2026 08-2026: 2.0%▲ +30.6% vs 07-2026 09-2026: 2.5%▲ +24.4% vs 08-2026 10-2026: 3.8%▲ +52.0% vs 09-2026
  • Sector Social work activities without accommodation (NACE 88) lowers the probability
  • Figures for FY 2024 (filed 25-11-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 111 days late; 1 of the last 3 late raises the probability
  • 1 change of registered office in 24 months raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.48; short-term debt: 90.6% and cash: 10.2% of total assets), and 90.6% 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 (NACE 88, micro). Better than this share of them on solvency 18%, liquidity 4%, profitability 47%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Sector Social work activities without accommodation (NACE 88)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 25-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 111 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 701 sector peers (2024).
NBB · sector comparison
Position among 701 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
111 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 111 days after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
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 2024 · micro…

Key points

  • Caution: Among the weakest 15% on equitysector median €70,788 · 702 companies €3,879 View
  • Caution: Latest accounts filed lateafter the legal deadline 111 d View
  • Total assets 2024first fiscal year filed €41,245 View

By topic

Financials

Fiscal year
2024
Total assets
€41,245
Profit
€879
Solvency
9.4%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Social work activities without accommodationNACE 88101
Founded
27-02-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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