HOME PARTNERS

Active

Public limited companyfounded 1986active for 39 yearsRue de Serbie 66, 4000 Liège, BelgiumKBO/BCE: BE 0430.110.866

Summary

The annual accounts of HOME PARTNERS for financial year 2025 show a net loss of 73% of the equity at the start of that year. The 2025 annual accounts show equity of €58,653 and a net result of -€161,124. Equity is shrinking by about 19% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 21% of 17,021 sector peers (NACE 68, financial year 2025). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

HOME PARTNERSActiveChecked score 54/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased residential real estate, excluding social housing

NACE 68201

1 site

Size

€495,326turnover 2025

Equity: €58,653
Loss: -€161,124

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

IMMOBELGAR SRLDirector · permanent representative Grégory VERDENNE
Mark LOGANDirector

Accounts filed 13 days late3 of 13 deeds read

Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.12, cash €2,327, halvedEquity €58,653 (0.7% of total assets)lowers riskSize: turnover €495,326, total assets €8.6mFounded in 1986Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 32% of its sector peers (NACE 68, small)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 26-2

equity 0.7% of total assets

Liquidity 14-4

short-term debt 67.5% · cash 0.0%

Profitability 57+5

return on assets -1.9%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,982 companies, NACE 68, small)

Last 24 months 11-2024: 0.2% 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 0.2%▼ -0.4 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.5%▲ +0.2 percentage points vs 01-2026 03-2026: 0.3%▼ -0.2 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €3,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.12, compared with 0.12 in 2024, below 1; short-term debt: 67.5% and cash: 0% of total assets), and 99.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 16% on solvency, 12% on liquidity, 56% on profitability and 45% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.12, cash €2,327, halved

NBB · annual accounts

Size: turnover €495,326, total assets €8.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1986

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €58,653 (0.7% of total assets)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€161,124

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17021 sector peers (2025).

NBB · sector comparison

Position among 17021 sector peers

Solvency

better than 21%

← weakest strongest →

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

13 days late

2024

19 days late

2023

2 days early

2022

1 day late

2021

3 days early

2020

4 days early

2019

on the day

← 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 3 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 February (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end24-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-07-2026 Capital & sharesApproval · Auditor report ·…
13-02-2026 Annual accounts filedfinancial year 2025 · micro…
08-04-2025 Reappointments: Mark LOGAN (director) and IMMOBELGAR…Permanent representative: Grégory VERDENNE

Key points

Risk: 4 loss-making years in a rowloss financial year 2025 -€161,124 View
Caution: Among the weakest 5% on net resultsector median €6,035 · 17,010 companies -€161,124 View
Caution: Equity fell in 2025from €219,777 to €58,653 ▼ 73.3% View

By topic

Financials

Financial year: 2025
Turnover: €495,326
Loss: -€161,124
Solvency: 0.7%

Turnover▲ 26.9%

Net result

20222025

Go to Financials

Board & ownership

Board: 2 members

IMMOBELGAR SRLDirector
Mark LOGANDirector

Go to Board & ownership

Timeline

Events: 44
Since: 1988
Next accounts: by 31-01-2027

19-02-2025Annual accounts filed
30-06-2024Weakest financial year
29-01-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Renting and operating of own or leased residential…NACE 68201
Founded: 18-12-1986
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 36

Annual meeting: 30 November at 14:00

Go to Articles of association

Key facts about HOME PARTNERS

What is the company number of HOME PARTNERS?: 0430.110.866. In Belgium the VAT number is the company number with BE in front: BE 0430.110.866.
Where is HOME PARTNERS based?: The registered office is at Rue de Serbie 66, 4000 Liège.Company details
What does HOME PARTNERS do?: According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of HOME PARTNERS?: Public limited company (NV).
When was HOME PARTNERS founded?: On 18-12-1986.
Is HOME PARTNERS still active?: Yes, HOME PARTNERS is an active enterprise in the KBO register.
What is the turnover of HOME PARTNERS?: €495,326 in financial year 2025, according to the filed annual accounts.Financials
Is HOME PARTNERS profitable?: In financial year 2025, HOME PARTNERS made a loss of €161,124.
Where can I find the annual accounts of HOME PARTNERS?: HOME PARTNERS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOME PARTNERS due?: By 31-01-2027, for financial year 2026.Timeline