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HS-COMPANY

Active
Private limited companyfounded 1976active for 49 yearsde Potterstraat 11, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0416.626.678
Summary

The computed 12-month bankruptcy probability of HS-COMPANY is 1.9% (moderate). The 2024 annual accounts show equity of €310,456 and a net result of €11,053. Equity is growing by about 2.5% per year across the filed financial years. Its solvency ranks better than 59% of 755 sector peers (NACE 96, financial year 2024). The company has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Personal service activities
NACE 96101
3 sites
Size
€633,836total assets 2024
Equity
€310,456
Profit
€11,053
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts 78 days overdue0 of 1 deed read
Why 54raises riskFigures for financial year 2024 (filed 24-07-2025)Liquidity: current ratio 0.01, cash €811, halvedlowers riskFounded in 1976Size: total assets €633,836Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 46% of its sector peers (NACE 96, micro)
Financial strength · tick = 2023
Average
Solvency 74+3
equity 49.0% of total assets
Liquidity 25+1
short-term debt 50.7% · cash 0.1%
Profitability 71=
return on assets 1.7%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,612 companies, NACE 96, micro)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: 0.5%● unchanged vs 08-2025lowest value 10-2025: 0.5%● unchanged vs 09-2025lowest value 11-2025: 0.5%● unchanged vs 10-2025lowest value 12-2025: 0.5%● unchanged vs 11-2025lowest value 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €16,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.01, compared with 0.02 in 2023, below 1; short-term debt: 50.7% and cash: 0.1% of total assets), and 51% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 96, micro): better than 67% on solvency, 19% on liquidity, 51% on profitability and 47% on growth.

The bankruptcy probability was computed on 16-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 24-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.01, cash €811, halved
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €633,836
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
14 days early
2023
22 days late
2022
298 days late
2021
59 days late
2020
60 days late
2018
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 86 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View
  • Active since 1976founded 27-11-1976 49 years View
  • Total assets 20246 financial years filed €633,836 View

By topic

Financials

Financial year
2024
Total assets
€633,836
Profit
€11,053
Solvency
49.0%
Total assets▼ 1.6%
Net result
20182024
Go to Financials

Timeline

Events
46
Since
1978
  1. 31-12-2022Back to profit
  2. 28-09-2022Annual accounts filed
  3. 29-09-2021Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Personal service activitiesNACE 96101
Founded
27-11-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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