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NO-HA

Active
Private limited companyfounded 201114 yrs activeRecorstraat 310, 3500 Hasselt, BelgiumKBO/BCE: BE 0840.470.257
Summary

NO-HA has been active since 2011 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €227,585 and a net result of €22,391. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 12918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch ReportCompare
NO-HAActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46841NACE 46739Wholesale trade NACE 46839
1 site
Size
€279,347total assets 2025
Staff
1 FTE
Equity
€227,585
Profit
€22,391
Turnover not published (abridged schema)
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Structure
Accounts 46 d early1 of 4 deeds read
Why 89- 1 change of registered office in 24 months+ Liquidity: current ratio 4.57, cash €97,913+ Equity €227,585 (81.5% of total assets)+ Figures for FY 2025 (filed 15-06-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100+16
equity 81.5% of total assets
Liquidity 89+13
short-term debt 17.8% · cash 35.1%
Profitability 79+2
return on assets 8.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,788 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%▲ +7.1% vs 03-2025 05-2025: < 0.1%▼ -2.2% vs 04-2025 06-2025: < 0.1%▲ +2.3% vs 05-2025 07-2025: 0.1%▲ +44.4% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%▼ -1.5% vs 12-2025 02-2026: 0.1%● 0.0% vs 01-2026 03-2026: 0.1%▲ +89.1% vs 02-2026 04-2026: 0.1%▲ +13.2% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.6%▲ +351% vs 05-2026highest value 07-2026: 0.3%▼ -51.5% vs 06-2026 08-2026: 0.3%● 0.0% vs 07-2026 09-2026: 0.3%● 0.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 4.57, cash €97,913 lowers the probability
  • Equity €227,585 (81.5% of total assets) lowers the probability
  • Figures for FY 2025 (filed 15-06-2026) lowers the probability
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 4.57 against 1.96 in 2024; short-term debt: 17.8% and cash: 35.1% of total assets), and 18.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 88%, profitability 70%, growth against the median 65%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Liquidity: current ratio 4.57, cash €97,913
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €227,585 (81.5% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 15-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
50 d early
2023
37 d early
2022
28 d early
2021
3 d early
2020
32 d early
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Address strikeout annulledKBO administration
  3. Registered officeRegistered-office move

Key points

  • Positive: Among the best 18% on solvencysector median 41.8% · 12,918 companies 81.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • Positive: 6 profitable years in a rowprofit 2025: €22,391 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€279,347
Profit
€22,391
Solvency
81.5%
Total assets▼ 19.5%
Net result
20182025
Go to Financials

Timeline

Events
18
Since
2017
Next accounts
by 31-07-2027
  1. 15-06-2026Annual accounts filed
  2. 29-05-2026Address strikeout annulled
  3. 27-05-2026Registered office
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale tradeNACE 46841
Founded
21-10-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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