Financials
- Fiscal year
- 2024
- Total assets
- €32,727
- Profit
- €3,950
- Solvency
- 53.3%
Total assets▲ 0.5%
Net result
20212024
S&H CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of S&H CONSTRUCTION is 4.2% (elevated). The 2024 annual accounts show equity of €17,428 and a net result of €3,950. Equity is growing by ~73.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 36365 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other building finishing work
NACE 43350NACE 43390
1 site
Size
€32,727total assets 2024
- Equity
- €17,428
- Profit
- €3,950
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 2 deeds read
Why 49- 1 financial year not filed after the legal deadline; latest accounts 78 days late; 3 of the last 3 late- Figures for FY 2024 (filed 24-10-2025)- Founded in 2020- Size: total assets €32,727Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 57% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
78+12
equity 53.3% of total assets
Liquidity
41+11
short-term debt 46.7% · cash 11.4%
Profitability
84-16
return on assets 12.1%
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 11 months
12-2025: 2.5%
01-2026: 2.5%● +0.0% vs 12-2025
02-2026: 2.4%▼ -2.9% vs 01-2026lowest value
03-2026: 2.4%▲ +1.7% vs 02-2026
04-2026: 2.5%▲ +2.4% vs 03-2026
05-2026: 2.5%● +0.0% vs 04-2026
06-2026: 2.5%▲ +2.4% vs 05-2026
07-2026: 2.6%▲ +0.5% vs 06-2026
08-2026: 3.0%▲ +15.7% vs 07-2026
09-2026: 3.1%▲ +2.9% vs 08-2026
10-2026: 4.2%▲ +38.2% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 78 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 24-10-2025) raises the probability
- Founded in 2020 raises the probability for this profile
- Size: total assets €32,727 raises the probability for this profile
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.76 against 1.34 in 2023; short-term debt: 46.7% and cash: 11.4% of total assets), and 46.7% 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 43, micro). Better than this share of them on solvency 58%, liquidity 31%, profitability 67%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
78 d late
2023
80 d late
2022
31 d late
2021
78 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €11,948
Key points
By topic
Timeline
- Events
- 5
- Since
- 2022
- 17-10-2025Annual accounts filed
- 19-10-2024Annual accounts filed
- 31-12-2023Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 15-10-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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