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HUDA SERVICE

Active
Private limited companyfounded 2023active for 3 yearsVuurkruiserslaan(Kor) 46, 8500 Kortrijk, BelgiumKBO/BCE: BE 0804.647.959
Summary

The computed 12-month bankruptcy probability of HUDA SERVICE is 6.8% (elevated). The 2025 annual accounts show negative equity (-€7,218) and a net result of €11,399. Its solvency ranks better than 9% of 5,707 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€7,218
Total assets
€21,595
Net result
€11,399
Working capital
-€7,218

Turnover and EBIT margin not published: the micro format does not require them.

Key figures and ratios
2025 value
Solvency
-33.4%
Current ratio
0.75
ROA
52.8%
Debt
€28,813
Debt ≤ 1 year
€28,813
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 1,018 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 89.2% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.0% stopped otherwise
89.2% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,018 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€21,595
Fixed assets21/28€0
Financial fixed assets28€0
Current assets29/58€21,595
Amounts receivable within one year40/41€21,595
Trade receivables40€21,479
Other amounts receivable41€116
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€21,595
Equity10/15-€7,218
Contributions10/11€3,000
Profit (loss) carried forward14-€10,218
Amounts payable17/49€28,813
Amounts payable within one year42/48€28,813
Financial debts43€8
Credit institutions430/8€8
Trade debts44€1,432
Suppliers440/4€1,432
Other amounts payable47/48€27,373
Income statement Code2025
Other operating charges640/8€838
Gross operating margin9900€12,351
Operating profit (loss)9901€11,513
Financial charges65/66B€113
Recurring financial charges65€113
Profit (loss) for the period before taxes9903€11,399
Profit (loss) for the period9904€11,399
Profit (loss) for the period to be appropriated9905€11,399
Appropriation of the result
Profit (loss) to be appropriated9906-€10,218
Profit (loss) brought forward from the previous period14P-€21,618

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€838
Gross operating margin9900€12,351
Operating profit (loss)9901€11,513
Financial charges65/66B€113
Recurring financial charges65€113
Profit (loss) for the period before taxes9903€11,399
Profit (loss) for the period9904€11,399
Profit (loss) for the period to be appropriated9905€11,399
Line2025
Assets
Total assets20/58€21,595
Fixed assets21/28€0
Financial fixed assets28€0
Current assets29/58€21,595
Amounts receivable within one year40/41€21,595
Trade receivables40€21,479
Other amounts receivable41€116
Cash at bank and in hand54/58€0
Equity and liabilities
Total equity and liabilities10/49€21,595
Equity10/15-€7,218
Contributions10/11€3,000
Profit (loss) carried forward14-€10,218
Amounts payable17/49€28,813
Amounts payable within one year42/48€28,813
Financial debts43€8
Credit institutions430/8€8
Trade debts44€1,432
Suppliers440/4€1,432
Other amounts payable47/48€27,373
Line2025
Profit (loss) for the period9904€11,399
Operating cash flow (approximation)€11,399

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-06-2026 2026-00182447

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 12,347 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,196. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.