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HOLDES

Active
Public limited companyfounded 198936 yrs activeRietstraat 41, 3900 Pelt, BelgiumKBO/BCE: BE 0439.372.485
Summary

HOLDES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €167,906 and a net result of -€781. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability36▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 12.02 against 12.65 in 2023; short-term debt: 8.3% of total assets), and 8.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
91.7%
Return on assets
-0.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
92 d late
2022
151 d late
2020
122 d late
2019
119 d late
2018
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

History

HOLDES was incorporated on 28 December 1989.1 Total assets went from EUR 192,235 in 2018 to EUR 183,147 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€167,906▼ 0.5%
2023 · €168,687
Total assets
€183,147=
2023 · €183,168
Net result
-€781▼ 13.3%
2023 · -€689
Working capital
€167,906▼ 0.5%
2023 · €168,687
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202220232024
Operating result-€988-€1,214▼ 23.0%€497--€738-€781▼ 5.7%
Net result-€1,028-€1,310▼ 27.5%€452--€689-€781▼ 13.3%
Equity€171,718▼ 0.6%€170,408▼ 0.8%€169,376-€168,687▼ 0.4%€167,906▼ 0.5%
Total assets€186,592▼ 2.9%€186,360▼ 0.1%€183,168-€183,168=€183,147=
Debt€14,874▼ 23.7%€15,953▲ 7.3%€13,792-€14,481▲ 5.0%€15,241▲ 5.2%
Working capital€171,718▼ 0.6%€170,408▼ 0.8%€169,376-€168,687▼ 0.4%€167,906▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0€500Operating result 2019: -€988-€988Net result 2019: -€1,028-€1,028Operating result 2020: -€1,214-€1,214Net result 2020: -€1,310-€1,310Operating result 2022: €497€497Net result 2022: €452€452Operating result 2023: -€738-€738Net result 2023: -€689-€689Operating result 2024: -€781-€781Net result 2024: -€781-€78120192020202220232024-€1,000-€500€0€500Operating result 2022: €497€497Net result 2022: €452€452Operating result 2023: -€738-€738Net result 2023: -€689-€689Operating result 2024: -€781-€781Net result 2024: -€781-€781202220232024
The operating result stays negative: a loss of €781 in 2024 against €738 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €183,147
Equity €167,906 ▼ 0.5%
Debt €15,241 ▲ 5.2%
Debt's share of the balance-sheet total rises from 7.9% to 8.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
12.02▼
2023 · 12.65
Debt to equity
0.09▲
2023 · 0.09
ROE
-0.5%▼
2023 · -0.4%
ROA
-0.4%▼
2023 · -0.4%
Debt ≤ 1 year
€15,241▲
2023 · €14,481
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€183,168€183,147=
Current assets29/58€183,168€183,147=
Amounts receivable after more than one year29€146,615€146,615=
Other amounts receivable291€146,615€146,615=
Amounts receivable within one year40/41€36,532€36,532=
Trade receivables40€1,854€1,854=
Other amounts receivable41€34,677€34,677=
Cash at bank and in hand54/58€21-
Equity and liabilities
Total equity and liabilities10/49€183,168€183,147=
Equity10/15€168,687€167,906▼
Contributions10/11€148,761€148,761=
Capital10€148,761€148,761=
Issued capital100€148,761€148,761=
Reserves13€19,926€19,145▼
Non-distributable reserves130/1€17,102€17,102=
Legal reserve130€14,876€14,876=
Other1319€2,226€2,226=
Distributable reserves133€2,824€2,043▼
Amounts payable17/49€14,481€15,241▲
Amounts payable within one year42/48€14,481€15,241▲
Trade debts44€4,654€4,453▼
Suppliers440/4€4,654€4,453▼
Other amounts payable47/48€9,827€10,789▲
Income statement Code20232024
Other operating charges640/8€496€112▼
Gross operating margin9900-€242-€669▼
Operating profit (loss)9901-€738-€781▼
Financial income75/76B€49-
Recurring financial income75€49-
Profit (loss) for the period before taxes9903-€689-€781▼
Profit (loss) for the period9904-€689-€781▼
Profit (loss) for the period to be appropriated9905-€689-€781▼
Appropriation of the result
Profit (loss) to be appropriated9906-€689-€781▼
Transfer from equity791/2€689€781▲
Line20192020202220232024Change
Other operating charges640/8--€1,760€496€112▼ 77.4%
Gross operating margin9900-€518-€705€2,257-€242-€669▼ 176%
Operating profit (loss)9901-€988-€1,214€497-€738-€781▼ 5.7%
Financial income75/76B---€49--
Recurring financial income75---€49--
Financial charges65/66B--€45---
Recurring financial charges65€40€96€45---
Profit (loss) for the period before taxes9903-€1,028-€1,310€452-€689-€781▼ 13.3%
Profit (loss) for the period9904-€1,028-€1,310€452-€689-€781▼ 13.3%
Profit (loss) for the period to be appropriated9905-€1,028-€1,310€452-€689-€781▼ 13.3%
Line20192020202220232024Change
Assets
Total assets20/58€186,592€186,360€183,168€183,168€183,147=
Current assets29/58€186,592€186,360€183,168€183,168€183,147=
Amounts receivable after more than one year29---€146,615€146,615=
Other amounts receivable291---€146,615€146,615=
Amounts receivable within one year40/41€186,450€186,332€183,147€36,532€36,532=
Trade receivables40--€121,681€1,854€1,854=
Other amounts receivable41--€61,466€34,677€34,677=
Cash at bank and in hand54/58€142€29€21€21--
Equity and liabilities
Total equity and liabilities10/49€186,592€186,360€183,168€183,168€183,147=
Equity10/15€171,718€170,408€169,376€168,687€167,906▼ 0.5%
Contributions10/11€148,761€148,761€148,761€148,761€148,761=
Capital10--€148,761€148,761€148,761=
Issued capital100--€148,761€148,761€148,761=
Reserves13€22,957€21,647€20,615€19,926€19,145▼ 3.9%
Non-distributable reserves130/1--€17,102€17,102€17,102=
Legal reserve130--€14,876€14,876€14,876=
Other1319--€2,226€2,226€2,226=
Distributable reserves133--€3,513€2,824€2,043▼ 27.7%
Profit (loss) carried forward14-€82,886-----
Amounts payable17/49€14,874€15,953€13,792€14,481€15,241▲ 5.2%
Amounts payable within one year42/48€14,874€15,953€13,792€14,481€15,241▲ 5.2%
Trade debts44€11,996€11,936€4,076€4,654€4,453▼ 4.3%
Suppliers440/4--€4,076€4,654€4,453▼ 4.3%
Other amounts payable47/48--€9,715€9,827€10,789▲ 9.8%
Line20192020202220232024Change
Profit (loss) for the period9904-€1,028-€1,310€452-€689-€781▼ 13.3%
Operating cash flow (approximation)-€1,028-€1,310€452-€689-€781▼ 13.3%
Change in cash--€114-€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
29-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial Back to profitnet €452
Net result €452 after 2 loss-making years.
2021
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial Weakest financial yearnet -€1,310
Net result drops to -€1,310, the lowest in the series; recovery starts the following year.
27-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
19-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
11-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 133 days late
2016
30-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 122 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
1,029 m²
Building footprint
165 m²
Volume, LiDAR
771 m³
Parcel 72029B0483/00A000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HOLDES NV
Rietstraat 41, 3900 PeltAir transport
since 19902.049.172.510
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72029B0483/00A000 Flanders 1,029 m² 1 · 165 m² 6.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPublic limited company
Founded28-12-1989
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.