Equity
€230,737 ▲ 86.6%
Equity rose in 2025 from €123,620 to €230,737.
HOUDINIS
Lifetime
3 annual accounts with figures on one time axispeak €2.2m (2025)
€2.2m▲ 15.5%
lowest -€73,849 (2023)
€107,117▲ 9.9%
peak €230,737 (2025)
€230,737▲ 86.6%
€4.4m▼ 7.8%
peak 35.3 FTE (2025)
35.3 FTE▲ 29.3%
Board2 names since 2023
1 directorEvolica
Documentsfilings and deeds
27-07-20264 days before the deadline
2025financial year
Gross margin from €1.9m to €2.2mStaff from 27.3 FTE to 35.3 FTEEquity from €123,620 to €230,737
Key points
from the 2025 annual accountsTurnover
≈ €15.0m estimated
The accounts state no turnover.
Debts
€4.4m 95% of the balance sheet
Financial debts 49%Suppliers 29%Taxes and wages 5%Other 17%
Of this, €1.9m falls due within a year.
Staff
39 employees on 31-12-2025
In 2025, 499 short contracts started and none ended, on average 96 hours worked per contract. Staff averaged 35 full-time equivalents.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 31 days after the end of the period.
Position in the sector
5.0%
Lower solvency than 84% of companies in retail trade. Sector median 36.2% · 5,068 companies.
Checked score
68
Healthy
Financially stronger than 57% of small companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.7%▲ +0.2 percentage points vs 02-2025
04-2025: 2.0%▲ +0.3 percentage points vs 03-2025
05-2025: 2.5%▲ +0.5 percentage points vs 04-2025
06-2025: 2.6%▲ +0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.1 percentage points vs 06-2025
08-2025: 3.5%▲ +0.8 percentage points vs 07-2025
09-2025: 3.7%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 1.5%▼ -2.2 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.1%▼ -0.4 percentage points vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.2%▲ +0.1 percentage points vs 05-2026
07-2026: 1.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: 0.9%● unchanged vs 08-2026lowest value
10-2026: 0.9%● unchanged vs 09-2026lowest value
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Equity €230,737 (5.0% of total assets)
lowers risk
Liquidity: current ratio 1.00, cash €1.0m
Size: 35.3 FTE, total assets €4.6m
Calculation
The band follows from the bankruptcy probability. 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 47, small). It does better than 16% of them on solvency, 79% on liquidity, 38% on profitability and 94% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,514 companies had the same profile as HOUDINIS has now. Each dot stands for 4 companies, two years later.
95.8%
were still trading
1.5%
stopped another way
2.4%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOUDINIS itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,514 companies, not a prediction for HOUDINIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 1.0 (0.98 in 2024), below 1. Short-term debt is 40.6% and cash 22.5% of total assets. 95% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 5068 sector peers (2025).
NBB · sector comparisonPosition among 5068 sector peers
Solvency
better than 16%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 days early
2024
31 days late
2023
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 19 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · 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 (3 of the last 3 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Sanguine Cateno Michel 4,999 sharesdeed of 28-09-2026
- Loverde Marta Lucia 1,000 sharesdeed of 28-09-2026
Recent changes
Sanguine Cateno Michel holds 4,999 shares
Loverde Marta Lucia holds 1,000 shares · General meeting of 09-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801839018
Registered office moved from Tubize to Houdeng-Goegnies
New registered office: Passage Michel Degens 3, 7110 Houdeng-Goegnies · Previous registered office: Rue de Stéhoux 7, 1480 Tubize · Sanguine Cateno Michel holds 4,999 shares · General meeting of 06-12-2023 · Gazette deed
Incorporation
Founding capital of €100,000, 6,000 shares · Founders: ITM BELGIUM (constituante), SANGUINE Cateno Michel (constituant) and LOVERDE Marta Lucia (constituante) · Appointments: Evolica (sole director) and SANGUINE Cateno Michel (alternate director) · published on 19-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOUDINIS La Louvière | €4.6m | €2.2m | 5.0% | 35.3 |
| DELABIM Chapelle-lez-Herlaimont | €3.8m | €2.3m | -2.1% | 39 |
| KALE Châtelet | €4.2m | €1.7m | -1.3% | 32.3 |
| CASTEL Châtelet | €4.4m | €1.7m | 1.5% | 31.6 |
| DISTRIRIS Molenbeek-Saint-Jean | €4.8m | €2.0m | 11.2% | 35.2 |
| CHILI PEPPERS Esneux | €4.8m | €2.6m | 16.9% | 33.8 |
| WONKA Verviers | €4.8m | €1.7m | -6.6% | 36.3 |
These companies have the same main activity as HOUDINIS: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €3.8m and €4.8m, founded in 2023.
Official details
Source: KBO- Status
- Active since 16-05-2023Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Joint committees
- 202.01Medium-sized food businesses
- 119Food trade · annual accounts 2025
- Establishment unit
- 2.345.660.8297110 La Louvière, since 16-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €4.6m▼ 5.4%
- Employeeson 31-12-2025
- 39▲ 34.5%
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on HOUDINIS
HOUDINIS has existed since 2023. The present size dates from 2024. The gross margin rose that year from €850,875 to €1.9m.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HOUDINIS
- What is the company number of HOUDINIS?
- The company number of HOUDINIS is 0801.839.018. The VAT number is the same number with BE in front: BE 0801.839.018.
- Where is HOUDINIS based?
- The registered office is at Passage Michel Degens (H-G) 3, 7110 La Louvière.Company details
- What does HOUDINIS do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of HOUDINIS?
- HOUDINIS is a public limited company (NV).
- When was HOUDINIS founded?
- HOUDINIS was founded on 16-05-2023.
- Is HOUDINIS still active?
- Yes, HOUDINIS is an active enterprise in the KBO register.
- How many employees does HOUDINIS have?
- HOUDINIS had an average of 35.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HOUDINIS fall under?
- In its 2025 annual accounts, HOUDINIS states joint committees 202.01 (Medium-sized food businesses) and 119 (Food trade).
- What is the turnover of HOUDINIS?
- The turnover in financial year 2025 is ≈ €15.0m. This figure is estimated from the gross margin of €2.2m and 30 comparable companies (NACE 471). It probably lies between €9.0m and €18.0m.
- Is HOUDINIS profitable?
- In financial year 2025, HOUDINIS made a profit of €107,117.
- Where can I find the annual accounts of HOUDINIS?
- HOUDINIS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOUDINIS due?
- HOUDINIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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