The computed 12-month bankruptcy probability of HR2-GROUP is 2.8% (moderate). For HR2-GROUP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €36,120 and a net result of €104,560. Equity is shrinking by about 32% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2024. Its solvency ranks better than 12% of 33,823 sector peers (NACE 70, financial year 2023). The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 12-12-2023)2 financial years not filed after the legal deadline; latest accounts 37 days late; 2 of the last 3 late1 change of registered office in 24 monthsTwo or more financial years not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; 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.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency31+23
equity 6.4% of total assets
Liquidity55+24
short-term debt 81.6% · cash 53.8%
Profitability92+80
return on assets 18.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
2.8%Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,379 companies, NACE 70, micro)
Last 24 months11-2024: 0.2%lowest value12-2024: 0.2%● unchanged vs 11-202401-2025: 0.8%▲ +0.6 percentage points vs 12-202402-2025: 0.9%▲ +0.1 percentage points vs 01-202503-2025: 1.2%▲ +0.3 percentage points vs 02-202504-2025: 1.9%▲ +0.7 percentage points vs 03-202505-2025: 1.9%● unchanged vs 04-202506-2025: 2.0%▲ +0.1 percentage points vs 05-202507-2025: 1.8%▼ -0.2 percentage points vs 06-202508-2025: 1.8%● unchanged vs 07-202509-2025: 1.8%● unchanged vs 08-202510-2025: 1.8%● unchanged vs 09-202511-2025: 2.7%▲ +0.9 percentage points vs 10-202512-2025: 2.6%▼ -0.1 percentage points vs 11-202501-2026: 3.0%▲ +0.4 percentage points vs 12-2025highest value02-2026: 3.0%● unchanged vs 01-2026highest value03-2026: 3.0%● unchanged vs 02-2026highest value04-2026: 3.0%● unchanged vs 03-2026highest value05-2026: 3.0%● unchanged vs 04-2026highest value06-2026: 3.0%● unchanged vs 05-2026highest value07-2026: 3.0%● unchanged vs 06-2026highest value08-2026: 3.0%● unchanged vs 07-2026highest value09-2026: 3.0%● unchanged vs 08-2026highest value10-2026: 2.8%▼ -0.2 percentage points vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2024, 2 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.
31-03-2024 year end31-10-2024 deadline19-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 07-12-2023, 37 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 31 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Registered officeRegistered-office move
Annual accounts filedfinancial year 2023 · micro…
Back to profitnet €104,560
Key points
Risk: Accounts not fileddeadline was 31-10-2024718 days lateView
Caution: Among the weakest 13% on solvencysector median 56.6% · 33,823 companies6.4%View
Positive: Back in profit in 2023after -€23,550 in 2022€104,560View