HOUGOU is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. For HOUGOU, one annual filing is missing. The 2024 annual accounts show equity of €392.4m and a net result of -€379,959. Equity has been shrinking by about 4.4% per year since 2018. Its solvency ranks better than 86% of 2,774 sector peers (NACE 64, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskAnnual accounts not filedneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 57 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications
Key points
Risk: 3 loss-making years in a rowloss in financial year 2024-€379,959View
Positive: Result rose in 2024from -€2.6m to -€379,959▲ 85.5%View
Caution: Lower net result than 90% of companies in financial servicessector median €106,110 · 2,780 companies-€379,959View
These companies have the same main activity as HOUGOU: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €223m and €1.3bn, founded between 2000 and 2017.