Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
H PARTNERS GROUP from Watermaal-Bosvoorde, company number BE0472648138, closed financial year 2025 with a result of € 833,867 after tax. Compared with financial year 2024, the result moved from € 382,805 to € 833,867. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ -79.8 million
▲ € 833,867 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 833,867
▲ 118% vs 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -237.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 259
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -130,825 | € 18,971 | € 382,805 | € 833,867 | ▲ 118% |
| Equity | € -81,021,974 | € -81,003,004 | € -80,620,198 | € -79,786,331 | ▲ € 833,867 |
| Total debts | € 150,048,611 | € 150,899,985 | € 169,260,270 | € 186,063,515 | ▲ 10% |
| Cash | € 195,049 | € 232,748 | € 212,106 | € 0 | ▼ 100% |
| Retained profit | € -238,569,674 | € -238,550,704 | € -238,167,898 | € -237,334,031 | |
| Balance sheet total | € 79,459,643 | € 80,647,110 | € 99,665,393 | € 117,443,877 | ▲ 18% |
Key figures of H PARTNERS GROUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to H PARTNERS GROUP?
What happened at H PARTNERS GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier HALLEY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 833,867 (▲ 118% vs 2024). filed late Source: NBB ↗
- BIENNE SA SA became a director. NBB
- Olivier HALLEY became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 130,825 loss in 2022 to € 833,867 profit in 2025.
Best year ever: 2025, with € 833,867 profit.
Pays suppliers within 12 days on average.
Management
Behind H PARTNERS GROUP is BIENNE SA SA. It owns 100% of EXCLUSIVE WINES ESTATES SAS, 100% of H PRIME (EX H-PARTNERS SCA) and 100% of ONLINE COMMERCE PARTNERS (OCP) itself.
Directors
According to the 2025 annual accounts
since 2019
since 2010 · until 2028
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 178 box 5
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Anc. Ets. F. Verdeyen
TAX CONSULT
€ 651,315 gross margin · 2025
CMS DeBacker
€ 27.5 million revenue · 2025
MNG-MANGO BELGIQUE
€ 35 million revenue · 2025
BRUNO DUQUESNE
€ 182,007 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.648.138
- VAT number
- BE 0472.648.138
- Registered office
- Terhulpsesteenweg 178 bus 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- H PARTNERS GROUP · HPG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 August 2000
- Peppol
- Not registered