NHQ DEVELOPMENT
ActiveSummary
The computed 12-month bankruptcy probability of NHQ DEVELOPMENT is 2.4% (moderate). The 2024 annual accounts show equity of €62,370 and a net result of €2,370. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, full format, 2025 accounts filed, figures not processed yet
Peer companies
Historical observationOf the 628 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97.6% are still going.
- Medium-sized
- solvency under 10%
- a profit under 5% of the balance sheet
- without age
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 628 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.
| Line | 2024 |
|---|---|
| Operating income70/76A | €72.9m |
| Turnover70 | €72.9m |
| Other operating income74 | €0.01m |
| Operating charges60/66A | €72.9m |
| Goods for resale, raw materials and consumables60 | €59.1m |
| Purchases600/8 | €59.1m |
| Services and other goods61 | €13.8m |
| Other operating charges640/8 | €0.001m |
| Operating profit (loss)9901 | -€0.005m |
| Financial income75/76B | €0.009m |
| Recurring financial income75 | €0.009m |
| Income from current assets751 | €0.009m |
| Financial charges65/66B | €335 |
| Recurring financial charges65 | €335 |
| Other financial charges652/9 | €335 |
| Profit (loss) for the period before taxes9903 | €0.003m |
| Income taxes67/77 | €0.001m |
| Taxes670/3 | €0.001m |
| Profit (loss) for the period9904 | €0.002m |
| Profit (loss) for the period to be appropriated9905 | €0.002m |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €15.9m | |
| Current assets29/58 | €15.9m | |
| Amounts receivable within one year40/41 | €7.2m | |
| Trade receivables40 | €7.2m | |
| Other amounts receivable41 | €0.003m | |
| Current investments50/53 | €8.5m | |
| Other investments51/53 | €8.5m | |
| Cash at bank and in hand54/58 | €0.2m | |
| Deferred charges and accrued income490/1 | €0.007m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €15.9m | |
| Equity10/15 | €0.06m | |
| Contributions10/11 | €0.06m | |
| Profit (loss) carried forward14 | €0.002m | |
| Amounts payable17/49 | €15.9m | |
| Amounts payable within one year42/48 | €15.8m | |
| Trade debts44 | €12.3m | |
| Suppliers440/4 | €12.3m | |
| Taxes, remuneration and social security45 | €3.6m | |
| Taxes450/3 | €3.6m | |
| Accrued charges and deferred income492/3 | €0.002m | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €2,370 |
| Operating cash flow (approximation) | €2,370 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 18-06-2026 | 2026-00194860 |
| 31-12-2024 | full format | 10-07-2025 | 2025-00254553 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.