HOFF & CO
ActiveThe computed 12-month bankruptcy probability of HOFF & CO is 3.4% (moderate). The annual accounts of HOFF & CO for fiscal year 2024 show a net loss of 65% of the equity at the start of that year. The 2024 annual accounts show equity of €9k and a net result of €-17k. Equity is shrinking by ~28.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 21% of 2437 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-79
Solvency42▼-27
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.36 against 0.56 in 2023; short-term debt: 52% and cash: 3.7% of total assets), and 82.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.4%
Return on assets
-32.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2437 sector peers (2024).
NBB · sector comparisonPosition among 2437 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-05-2025, 63 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
63 d early
2023
154 d early
2022
171 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€9k▼ 64.9%
2023 · €26k
2022: €21k
2023: €26k
2022 → 2024
Total assets
€52k▼ 12.0%
2023 · €59k
2022: €39k
2023: €59k
2022 → 2024
Net result
€-17k
2023 · €5k
2022: €20k
2023: €5k
2022 → 2024
Working capital
€-17k▼ 183%
2023 · €-6k
2022: €-4k
2023: €-6k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€21k-€26k▲ 23.1%€9k▼ 64.9%
Operating result€26k-€8k▼ 69.9%€-13k
Net result€20k-€5k▼ 75.7%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52k
Fixed assets
€43k▼ 17.3%
Current assets
€10k▲ 22.0%
Equity and liabilities €52k
Equity
€9k▼ 64.9%
Debt
€43k▲ 28.7%
The debt ratio rises from 56.5% to 82.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €14k
Cash flow
€-6k▼
2023 · €11k
Solvency
17.4%▼
2023 · 43.5%
Current ratio
0.36▼
2023 · 0.56
Quick ratio
0.36▼
2023 · 0.56
Debt / equity
4.76▲
2023 · 1.30
ROE
-184.8%▼
2023 · 18.8%
ROA
-32.1%▼
2023 · 8.2%
Interest coverage
-0.82▼
2023 · 8.45
Debt
€43k▲
2023 · €34k
Debt ≤ 1 year
€27k▲
2023 · €14k
Debt > 1 year
€16k▼
2023 · €19k
Income taxes
€318▼
2023 · €1k
Staff costs
€2k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€59k€52k▼
Fixed assets21/28€51k€43k▼
Tangible fixed assets22/27€51k€43k▼
Plant, machinery and equipment23€17k€16k▼
Furniture and vehicles24€34k€27k▼
Current assets29/58€8k€10k▲
Amounts receivable within one year40/41€957€7k▲
Trade receivables40€808€7k▲
Other amounts receivable41€148-
Cash at bank and in hand54/58€6k€2k▼
Deferred charges and accrued income490/1€829€684▼
Equity and liabilities
Total equity and liabilities10/49€59k€52k▼
Equity10/15€26k€9k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€25k€8k▼
Amounts payable17/49€34k€43k▲
Amounts payable after more than one year17€19k€16k▼
Financial debts170/4€19k€16k▼
Amounts payable within one year42/48€14k€27k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€1k€14k▲
Suppliers440/4€1k€14k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9-€537
Other amounts payable47/48€139€914▲
Income statement
Code20232024
Remuneration, social security and pensions62€18k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€539
Gross operating margin9900€34k€2k▼
Operating profit (loss)9901€8k€-13k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€6k€-16k▼
Income taxes67/77€1k€318▼
Profit (loss) for the period9904€5k€-17k▼
Profit (loss) for the period to be appropriated9905€5k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€8k▼
Profit (loss) brought forward from the previous period14P€20k€25k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-17k ▼446%
Net result drops to €-17k, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Chiny · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Haut Rivage,Moyen 26810 ChinyGround area
2,126 m²
Building footprint
158 m²
Volume, LiDAR
218 m³
2 parcels, Wallonia · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HOFF & CO
since 20222.329.578.823
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91136A1539/00A004 | Wallonia | 1,614 m² | 1 · 97 m² | - |
| 85018A0584/00F000 | Wallonia | 512 m² | 1 · 61 m² | 4.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 3,986 companies in sector 25110 we hold annual accounts for 2,147. 711 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2022
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25402Manufacture of fabricated metal products, except machinery and equipment
25502Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
25920Manufacture of fabricated metal products, except machinery and equipment
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.