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.
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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.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as HPP has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 39,274 companies, not a prediction for HPP. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Incorporation
Founding capital of €5,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 01-07-2024 · Gazette deed
“De vennootschap heeft tot voorwerp de uitoefening van de geneeskunde, specialisatie huisartsgeneeskunde door de…” (deed in Dutch)From the articles, 17 activitiesNo NACE code in the KBO yet
HPP has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87,436 and a net result of €40,211.
micro format, filed on 28-04-2026, 94 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
51,327
54,110
40,754
42,768
0
1,629
35,953
-
87,293
46,139
87.5%
79.5%
8.20
4.80
0.14
0.26
46.0%
89.4%
40.2%
71.1%
over 100
over 100
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
2024
Tangible fixed assets
-
€1,629
€543
€543
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on HPP
The operating result for 2025 is 5% lower than in 2024.
Debt's share of the balance-sheet total falls from 20.5% to 12.5%. Equity and debt are higher.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20242025202620272028
Name after signing inVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name hiddenVisible after signing in
Director (not named in the articles), appointed by deed of 01-07-2024, still in office
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
1 director
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 20:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Hidden nameVisible after signing insole founder · 100% at incorporation
Network & group
No group
HPP has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. HPP shares no director with another company.
Timeline
Timeline
4 events since 2024
Filings
Establishments
202420252026
Deadline for the 2026 accounts:
31-07-2027
2026
Annual accounts 2025 filedNBB ↗micro format · 94 days before the deadline
2025
Annual accounts 2024 filedNBB ↗micro format · 77 days before the deadline
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 01-07-20245 points ▸
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 27 June 2024, HPP was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12Name hiddenVisible after signing in is director of the company, appointed by deed of 01-07-2024.2The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“De vennootschap heeft tot voorwerp de uitoefening van de geneeskunde, specialisatie huisartsgeneeskunde door de geneesheer vennoot, met…”
17 activities
De vennootschap heeft tot voorwerp de uitoefening van de geneeskunde, specialisatie huisartsgeneeskunde door de geneesheer vennoot, met inachtneming van de regels van de Medische Plichtenleer.
De vennoot oefent zijn volledige medische activiteit uit in naam van en voor rekening van de vennootschap.
De professionele aansprakelijkheid van de geneesheer-aandeelhouder is onbeperkt.
De geneesheer dient der dekking van de aansprakelijkheid een verzekering af te sluiten.
De aansprakelijkheid van de vennootschap dient eveneens verzekerd te zijn.
Het inrichten van de praktijk voor de geneeskunde, de uitvoering van de technische, medische, radiografische en laboratoriumprestaties.
In verband met voormelde discipline.
De aankoop en het huren van alle medische apparatuur en begeleidende accommodaties voor voornoemde activiteiten.
Het inrichten van algemene diensten en een medisch secretariaat in het bijzonder, die nuttig of nodig zijn voor de uitoefening van bovenvermelde activiteiten.
De mogelijkheid scheppen om een geneesheer-vennoot toe te laten zich verder te bekwamen teneinde in zijn discipline aan de spits van de evolutie te blijven.
Zij mag alle financiële activiteiten en alle onroerende en roerende verrichtingen stellen welke rechtstreeks verband houden met de verwezenlijking van haar voorwerp of welke van aard zijn de verwezenlijking ervan te vergemakkelijken,
De vennootschap mag als bijkomstig voorwerp alle roerende- of onroerende verhandelingen doen, mits dit een beheren is van de roerende en onroerende goederen als een goede huisvader, en zo dit niet de vorm van aanvullende commerciële activiteit aanneemt.
De vennootschap laat de vennoot de mogelijkheid zich verder te bekwamen of de ontwikkeling van het door hem beoefende specialisme, op de voet te volgen en stelt in dit kader alle mogelijke middelen ter beschikking.
Bovendien kan de vennootschap informatie verstrekken en of onderricht geven en dit in de breedste betekenis van het woord, zonder dat dit de vorm van een aanvullende commerciële activiteit mag aannemen.
De vennootschap mag samenwerken met alle ondernemingen die een gelijkaardig voorwerp nastreven, maar overeenkomsten, die geneesheren niet mogen afsluiten met andere geneesheren of met derden, zullen ook door de vennootschap niet mogen afgesloten worden.
De vennootschap kan deelnemen in kostenassociaties of middelenvennootschappen van geneesheren.
De vennootschap kan tevens lid zijn van een vereniging zonder winstoogmerk.
registered officeestablishmentThe establishment unit on the map
Parcels
Cadastral parcel
Area
Buildings
Height / floors
13302D0858/00A002
823 m²
1 · 109 m²
9.8 m · 2
13026A0280/00T000
460 m²
1 · 130 m²
8.9 m · 2
Invoicing and payment
E-invoicing via Peppol
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Invoicing without a Peppol listing
Try sending from your invoicing software. If that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance
Follow this company and you will hear the next morning if it appears in the Peppol register.