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HIGH - FREQUENCY

Active
Private limited companyfounded 200124 yrs activeFranselei 8, 2950 Kapellen, BelgiumKBO/BCE: BE 0476.361.555
Summary

HIGH - FREQUENCY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€308,899) and a net result of -€7,335. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 12918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Agents in the wholesale of furniture, household goods and hardware
NACE 46150NACE 51150
1 site
Size
€23,616total assets 2025
Equity
-€308,899
Loss
-€7,335
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.1%
Structure
Board
2 members
Accounts 50 d early1 of 3 deeds read
Why 53Capped at 59: negative equity- Loss of €7,335, the second in a row (FY 2025)- Negative equity -€308,899+ Size: total assets €23,616+ Founded in 2001Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 21% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -1308.0% of total assets
Liquidity 2+2
short-term debt 358.4% · cash 1.3%
Profitability 50+50
return on assets -31.1%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● 0.0% vs 11-2024 01-2025: 2.0%● 0.0% vs 12-2024 02-2025: 2.0%● 0.0% vs 01-2025 03-2025: 1.9%▼ -2.2% vs 02-2025 04-2025: 1.9%● 0.0% vs 03-2025 05-2025: 1.9%▼ -3.3% vs 04-2025 06-2025: 1.8%▼ -3.5% vs 05-2025 07-2025: 2.0%▲ +11.5% vs 06-2025 08-2025: 2.1%▲ +1.6% vs 07-2025highest value 09-2025: 2.1%● 0.0% vs 08-2025highest value 10-2025: 2.1%● 0.0% vs 09-2025highest value 11-2025: 2.1%● 0.0% vs 10-2025highest value 12-2025: 2.1%● 0.0% vs 11-2025highest value 01-2026: 2.1%● 0.0% vs 12-2025highest value 02-2026: 2.0%▼ -0.7% vs 01-2026 03-2026: 2.0%▼ -1.4% vs 02-2026 04-2026: 2.0%● 0.0% vs 03-2026 05-2026: 1.9%▼ -3.3% vs 04-2026 06-2026: 1.9%▼ -1.3% vs 05-2026 07-2026: 1.1%▼ -44.9% vs 06-2026lowest value 08-2026: 1.1%● 0.0% vs 07-2026lowest value 09-2026: 1.1%● 0.0% vs 08-2026lowest value 10-2026: 1.1%● 0.0% vs 09-2026lowest value
  • Size: total assets €23,616 lowers the probability for this profile
  • Loss of €7,335, the second in a row (FY 2025) raises the probability
  • Negative equity -€308,899 raises the probability
  • Founded in 2001 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.03 against 0.08 in 2024; short-term debt: 358.4% and cash: 1.3% of total assets), and equity is negative.
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 46, micro). Better than this share of them on solvency 6%, liquidity 4%, profitability 39%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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○neutral
lowers risk · Size: total assets €23,616
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €7,335, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€308,899
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2001
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€308,899
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 d early
2024
on the day
2023
13 d late
2022
10 d late
2021
12 d late
2020
8 d early
2019
27 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 1 day after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
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. Resignation: VAN der LINDEN Jean Henri…Appointments: VAN der LINDEN Jean…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€308,899 View
  • Risk: 6 loss-making years in a rowloss fiscal year 2025 -€7,335 View
  • Caution: Among the weakest 5% on solvencysector median 41.8% · 12,918 companies -1308.0% View
  • New directorslatest change 02-07-2026 · 2 in office 2 joined View

By topic

Financials

Fiscal year
2025
Total assets
€23,616
Loss
-€7,335
Solvency
-1308.0%
Total assets▼ 41.0%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 02-07-2026Resignation: VAN der LINDEN Jean Henri Thomas…
  2. 11-06-2026Annual accounts filed
  3. 31-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of furniture, household goods…NACE 46150
Founded
19-12-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
15
Who signs
Each director alone
Annual meeting
Third Saturday of May at 11:00
Purpose
De groot- en kleinhandel en handelsbemiddeling in elektrische apparaten, kantoormachines…
Go to Articles of association

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