HOUBAGRI

Active

Private limited companyfounded 1996active for 30 yearsRue de Dinant 102, 5570 Beauraing, BelgiumKBO/BCE: BE 0457.054.496

Summary

HOUBAGRI has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531,673 and a net result of €111,116. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 55% of 9,802 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

HOUBAGRIActiveChecked score 89/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222Retail sale of hardware, building materials, paint and glass (general range) NACE 47521Retail sale of flowers, plants, seeds and fertilisers NACE 47761

9th oldest company in Beauraing, Construction sector1 site

Size

€2.0mturnover 2025

Staff: 1 FTE
Equity: €531,673
Profit: €111,116

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

2025 accounts filed 31 days late1 of 5 deeds summarised

Why 89raises riskLast filed accounts filed 31 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 1.87, cash €227,705Founded in 1996Equity €531,673 (48.4% of total assets)Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 55% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 73+6

equity 48.4% of total assets

Liquidity 51+9

short-term debt 49.6% · cash 20.7%

Profitability 74-1

return on assets 10.1%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)

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

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.87, compared with 1.65 in 2024, above the usual 1.5; short-term debt: 49.6% and cash: 20.7% of total assets), but 51.6% 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 43, micro): better than 52% on solvency, 46% on liquidity, 46% on profitability and 75% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Five signals.

lowers riskraises risk

Last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 1.87, cash €227,705

NBB · annual accounts

Founded in 1996

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

KBO

Equity €531,673 (48.4% of total assets)

NBB · annual accounts

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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

31 days late

2024

23 days early

2023

41 days late

2022

30 days late

2021

86 days late

2020

74 days late

2019

49 days 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 41 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 54 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
31-12-2025 Highest result from 2018 to 2025net €111,116 ▲14.2%
31-12-2025 Equity above €500,000equity €531,673 ▲26.4%

Key points

Positive: 9th oldest company in Beauraing, Construction sectorin the Checked rankings No. 9 View
Positive: 4 years of growth in a rowturnover 2025: €2.0m 4 years View
Positive: Turnover rose in 2025from €1.6m to €2.0m ▲ 25.9% View

By topic

Financials

Financial year: 2025
Turnover: €2.0m
Profit: €111,116
Solvency: 48.4%

Turnover▲ 25.9%

Net result

20182025

Go to Financials

Timeline

Events: 36
Since: 1997
Next accounts: by 31-07-2027

08-07-2025Annual accounts filed
10-09-2024Annual accounts filed
11-10-2023Amendment of the articles · Legal-form change…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 12-01-1996
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Annual meeting: First Saturday of May at 20:00
Purpose: “Entreprise agricole privée et publique; Vente de matériel,de fourrage,de produits…” (deed in French)

Go to Articles of association

Key facts about HOUBAGRI

What is the company number of HOUBAGRI?: 0457.054.496. In Belgium the VAT number is the company number with BE in front: BE 0457.054.496.
Where is HOUBAGRI based?: The registered office is at Rue de Dinant 102, 5570 Beauraing.Company details
What does HOUBAGRI do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of HOUBAGRI?: Private limited company (BV).
When was HOUBAGRI founded?: On 12-01-1996.
Is HOUBAGRI still active?: Yes, HOUBAGRI is an active enterprise in the KBO register.
How many employees does HOUBAGRI have?: On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HOUBAGRI?: €2.0m in financial year 2025, according to the filed annual accounts.
Is HOUBAGRI profitable?: In financial year 2025, HOUBAGRI made a profit of €111,116.
Where can I find the annual accounts of HOUBAGRI?: HOUBAGRI filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOUBAGRI due?: By 31-07-2027, for financial year 2026.Timeline