Skip to content

HHD NV

Active
Public limited companyfounded 197155 yrs activeAlbertstraat 1, 8370 Blankenberge, BelgiumKBO/BCE: BE 0408.414.243
Summary

HHD NV has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287,871 and a net result of €49,067. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 70% of 5063 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Real estate agency activities
NACE 68310NACE 68311NACE 70311
#3 oldest company in Blankenberge, Real estate sector3 sites
How big
€450,242total assets 2025
Staff
12.4 FTE
Equity
€287,871
Profit
€49,067
Financially healthy?
72 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Parent
HHD · 100%
Board
2 members
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 31 d early
Why 72- 1 change of registered office in 24 months- Liquidity: current ratio 1.21, cash €27,322- Size: 12.4 FTE, total assets €450,242+ Equity €287,871 (63.9% of total assets)Show the evidence

Checked score

Score 2025
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 69% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 89-11
equity 63.9% of total assets
Liquidity 41-11
short-term debt 36.1% · cash 6.1%
Profitability 82+9
return on assets 10.9%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,922 companies)
Last 3 months 08-2026: 0.6%highest value 09-2026: 0.6%● 0.0% vs 08-2026highest value 10-2026: 0.6%● 0.0% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 1.21, cash €27,322 raises the probability
  • Size: 12.4 FTE, total assets €450,242 raises the probability for this profile
  • Equity €287,871 (63.9% of total assets) lowers the probability
Credit up to €20,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 9.0 in 2024; short-term debt: 36.1% and cash: 6.1% of total assets), and 36.1% 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 68, small). Better than this share of them on solvency 78%, liquidity 36%, profitability 92%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 1.21, cash €27,322
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Size: 12.4 FTE, total assets €450,242
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
lowers risk · Equity €287,871 (63.9% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
89 d early
2023
57 d early
2022
99 d early
2021
90 d early
2020
103 d early
2019
61 d early
← 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 76 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 2025 · full…
  2. Statutes amendment · MiscellaneousPower of attorney
  3. Reappointment: EY Bedrijfsrevisoren (statutory auditor)Power of attorney

Key points

  • Caution: Equity fell in 2025from €1.8m to €287,871 ▼ 83.9% View
  • Positive: Oldest company in Blankenberge, Real estate sectorin the Checked rankings #3 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by HHDknown shareholders 100% 100% View
  • Positive: 5 profitable years in a rowprofit 2025: €49,067 5 years View
  • Active since 1971founded 04-06-1971 55 years View

By topic

Financials

Fiscal year
2025
Total assets
€450,242
Profit
€49,067
Solvency
63.9%
Turnover▲ 27.3%
Net result
20182021
Go to Financials

Board & ownership

Board
2 members
Parent
HHD · 100%
Known shareholders
100%
Auditor
Ernst et Young Reviseurs…
Go to Board & ownership

Timeline

Events
41
Since
2003
  1. 30-06-2026Annual accounts filed
  2. 04-11-2025Statutes amendment · Miscellaneous
  3. 26-08-2025Reappointment: EY Bedrijfsrevisoren (statutory auditor)
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
04-06-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De verhuur, in al zijn vormen, van appartementen, villa's, bungalows, flats, studio's…
Go to Articles of association

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.