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HOLPER & GEORGES

Active
Private limited companyfounded 200818 yrs activeWalleroder Weg 11, 4780 Sankt Vith, BelgiumKBO/BCE: BE 0899.946.697
Summary

HOLPER & GEORGES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22,473 and a net result of €1,466. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability52▼-48
Solvency100▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 9.05 against 2.13 in 2023; short-term debt: 11.1% and cash: 77.9% of total assets), and 11.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 18 years 0 20 y
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
88.1%
Return on assets
5.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 21-06-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 d early
2024
22 d late
2023
59 d late
2022
45 d early
2021
115 d late
2020
26 d late
2019
186 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 46 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 22 August (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

HOLPER & GEORGES was incorporated on 21 August 2008.1 The company has filed 17 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€22,473▲ 7.0%
2023 · €21,007
Total assets
€25,523▼ 35.5%
2023 · €39,598
Net result
€1,466▼ 97.1%
2023 · €49,816
Working capital
€22,702▲ 8.1%
2023 · €21,007
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€171-€424▼ 148%-€350▲ 17.5%€57,548€2,000▼ 96.5%
Net result-€251within the sector's middle half-€533within the sector's middle half▼ 112%-€430within the sector's middle half▲ 19.3%€49,816above the sector's middle half€1,466within the sector's middle half▼ 97.1%
Equity-€19,847below the sector's middle half▼ 1.3%-€20,380below the sector's middle half▼ 2.7%-€20,810below the sector's middle half▼ 2.1%€21,007within the sector's middle half€22,473within the sector's middle half▲ 7.0%
Total assets€289below the sector's middle half€39,598within the sector's middle half▲ 13,602%€25,523below the sector's middle half▼ 35.5%
Debt€19,847=€20,380▲ 2.7%€21,099▲ 3.5%€18,591▼ 11.9%€3,050▼ 83.6%
Working capital-€20,810below the sector's middle half€21,007within the sector's middle half€22,702within the sector's middle half▲ 8.1%
Solvency53.0%within the sector's middle half88.1%above the sector's middle half▲ 35.0pp
Current ratio2.13within the sector's middle half9.05above the sector's middle half▲ 6.92
Return on assets (ROA)125.8%above the sector's middle half5.7%within the sector's middle half▼ 120.1pp
above within below the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2020: -€171-€171Net result 2020: -€251-€251Operating result 2021: -€424-€424Net result 2021: -€533-€533Operating result 2022: -€350-€350Net result 2022: -€430-€430Operating result 2023: €57,548€57,548Net result 2023: €49,816€49,816Operating result 2024: €2,000€2,000Net result 2024: €1,466€1,46620202021202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: -€350-€350Net result 2022: -€430-€430Operating result 2023: €57,548€57,500Net result 2023: €49,816€49,800Operating result 2024: €2,000€2,000Net result 2024: €1,466€1,470202220232024
The operating result falls in 2024; 2024 is 97% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €25,523
Equity €22,473 ▲ 7.0%
Debt €3,050 ▼ 83.6%
Debt's share of the balance-sheet total falls from 47.0% to 11.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.14▼
2023 · 0.89
ROE
6.5%▼
2023 · 237.1%
Debt ≤ 1 year
€2,820▼
2023 · €18,591
Income taxes
€534▼
2023 · €7,731
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 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 34,696 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 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€39,598€25,523▼
Current assets29/58€39,598€25,523▼
Amounts receivable within one year40/41€5,525€5,653▲
Trade receivables40€5,525€5,089▼
Other amounts receivable41-€564
Cash at bank and in hand54/58€31,838€19,870▼
Deferred charges and accrued income490/1€2,235-
Equity and liabilities
Total equity and liabilities10/49€39,598€25,523▼
Equity10/15€21,007€22,473▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€2,407€3,873▲
Amounts payable17/49€18,591€3,050▼
Amounts payable within one year42/48€18,591€2,820▼
Trade debts44€523-
Suppliers440/4€523-
Taxes, remuneration and social security45€10,611€691▼
Taxes450/3€10,611€691▼
Other amounts payable47/48€7,457€2,129▼
Accrued charges and deferred income492/3-€230
Income statement Code20232024
Gross operating margin9900€57,548€2,000▼
Operating profit (loss)9901€57,548€2,000▼
Profit (loss) for the period before taxes9903€57,548€2,000▼
Income taxes67/77€7,731€534▼
Profit (loss) for the period9904€49,816€1,466▼
Profit (loss) for the period to be appropriated9905€49,816€1,466▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,407€3,873▼
Profit (loss) brought forward from the previous period14P-€39,410€2,407▲
Profit to be distributed694/7€8,000-
Return on contributions (dividend)694€8,000-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61-€424----
Gross operating margin9900-€171-€424-€350€57,548€2,000▼ 96.5%
Operating profit (loss)9901-€171-€424-€350€57,548€2,000▼ 96.5%
Financial charges65/66B-€109€80---
Recurring financial charges65€80€109€80---
Profit (loss) for the period before taxes9903-€251-€533-€430€57,548€2,000▼ 96.5%
Income taxes67/77---€7,731€534▼ 93.1%
Profit (loss) for the period9904-€251-€533-€430€49,816€1,466▼ 97.1%
Profit (loss) for the period to be appropriated9905-€251-€533-€430€49,816€1,466▼ 97.1%
Line20202021202220232024Change
Assets
Total assets20/58--€289€39,598€25,523▼ 35.5%
Current assets29/58--€289€39,598€25,523▼ 35.5%
Amounts receivable within one year40/41---€5,525€5,653▲ 2.3%
Trade receivables40---€5,525€5,089▼ 7.9%
Other amounts receivable41----€564-
Cash at bank and in hand54/58€0-€289€31,838€19,870▼ 37.6%
Deferred charges and accrued income490/1---€2,235--
Equity and liabilities
Total equity and liabilities10/49€0€0€289€39,598€25,523▼ 35.5%
Equity10/15-€19,847-€20,380-€20,810€21,007€22,473▲ 7.0%
Contributions10/11-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€38,447-€38,980-€39,410€2,407€3,873▲ 60.9%
Amounts payable17/49€19,847€20,380€21,099€18,591€3,050▼ 83.6%
Amounts payable within one year42/48€19,847€20,380€21,099€18,591€2,820▼ 84.8%
Financial debts43-€25----
Credit institutions430/8-€25----
Trade debts44€350€350-€523--
Suppliers440/4-€350-€523--
Taxes, remuneration and social security45-€41-€10,611€691▼ 93.5%
Taxes450/3-€41-€10,611€691▼ 93.5%
Other amounts payable47/48-€19,964€21,099€7,457€2,129▼ 71.4%
Accrued charges and deferred income492/3----€230-
Line20202021202220232024Change
Profit (loss) for the period9904-€251-€533-€430€49,816€1,466▼ 97.1%
Operating cash flow (approximation)-€251-€533-€430€49,816€1,466▼ 97.1%
Change in cash---€31,549-€11,968▼ 138%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial Liquidity quadruplescurrent ratio 9.05
Current ratio from 2.13 to 9.05; short-term debt falls from €18,591 to €2,820.
28-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial Back to profitnet €49,816
Net result €49,816 after 3 loss-making years.
31-12
Financial Liquidity times 155current ratio 2.13
Current ratio from 0.01 to 2.13; short-term debt falls from €21,099 to €18,591.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
02-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 186 days late
2019
31-12
Financial Back to profitnet €3,592
Net result €3,592 after one loss-making year.
08-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
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, Sankt Vith · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Walleroder Weg 114780 Sankt Vith
Ground area
170 m²
Building footprint
45 m²
Volume, LiDAR
412 m³
Parcel 62089A0748/00X002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HELOGE
Rue Emile Vandervelde 65, 4624 FléronIT consultancy
since 20082.172.627.774
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62089A0748/00X002 Wallonia 170 m² 1 · 45 m² 10.0 m · 3 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.

Similar companies · same sector, comparable size

Of 53 companies in sector 85319 we hold annual accounts for 15. 1 is within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
85319Education
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0899946697
Also 9925:BE0899946697
Registered 21-05-2025

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

Register as of 30 September 2026 · Peppol Directory

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