Financials
- Fiscal year
- 2021
- Total assets
- €871,318
- Profit
- €8,599
- Solvency
- 19.1%
Total assets▼ 29.8%
Net result
20182021
HOUSE CONNECTION
ActiveSummary
The computed 12-month bankruptcy probability of HOUSE CONNECTION is 22.5% (high). For HOUSE CONNECTION, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €166,369 and a net result of €8,599. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 6830 sector peers (fiscal year 2021). The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€871,318total assets 2021
- Equity
- €166,369
- Profit
- €8,599
Turnover not published (abridged schema)
Financial health
- Bankruptcy chance 12 m
- 22.5%
2021 figures too old to score
Structure
Accounts 1160 d overdue0 of 5 deeds read
Signals- Figures for FY 2021 (filed 16-12-2022)- 3 financial years not filed after the legal deadline; latest accounts 138 days late; 3 of the last 3 late- 1 change of registered office in 24 months- Ex-officio strike-off in the KBO- Two or more financial years not filed- Filed more than 90 days late- Administrative warnings in the KBO publicationsShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2019
Average
Solvency
44+9
equity 19.1% of total assets
Liquidity
34-10
short-term debt 37.2% · cash 0.6%
Profitability
68+19
return on assets 1.0%
Bankruptcy probability, 12 months
22.5%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 14.4%
12-2024: 14.2%▼ -1.5% vs 11-2024
01-2025: 14.7%▲ +4.0% vs 12-2024
02-2025: 14.7%● 0.0% vs 01-2025
03-2025: 14.7%● 0.0% vs 02-2025
04-2025: 14.7%● 0.0% vs 03-2025
05-2025: 14.7%● 0.0% vs 04-2025
06-2025: 14.7%● 0.0% vs 05-2025
07-2025: 14.7%● 0.0% vs 06-2025
08-2025: 14.3%▼ -3.2% vs 07-2025
09-2025: 14.3%● 0.0% vs 08-2025
10-2025: 14.3%● 0.0% vs 09-2025
11-2025: 14.0%▼ -1.6% vs 10-2025
12-2025: 14.0%● 0.0% vs 11-2025
01-2026: 14.0%● 0.0% vs 12-2025
02-2026: 14.0%● 0.0% vs 01-2026
03-2026: 13.3%▼ -5.3% vs 02-2026lowest value
04-2026: 13.3%● 0.0% vs 03-2026lowest value
05-2026: 13.3%● 0.0% vs 04-2026lowest value
06-2026: 13.3%● 0.0% vs 05-2026lowest value
07-2026: 13.3%● 0.0% vs 06-2026lowest value
08-2026: 13.3%● 0.0% vs 07-2026lowest value
09-2026: 22.5%▲ +69.3% vs 08-2026highest value
10-2026: 22.5%● 0.0% vs 09-2026highest value
- Figures for FY 2021 (filed 16-12-2022) raises the probability
- 3 financial years not filed after the legal deadline; latest accounts 138 days late; 3 of the last 3 late raises the probability
- 1 change of registered office in 24 months raises the probability
- Ex-officio strike-off in the KBO raises the probability
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline03-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-12-2022, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
138 d late
2019
111 d late
2018
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 113 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
- Late accounts filingevent 18-08-2026
- Annual accounts filedfiscal year 2021 · micro…
- Weakest financial yearnet €8,599 ▼85.2%
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- 28-08-2026Late accounts filing
- 16-12-2022Annual accounts filed
- 31-12-2021Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 13-06-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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