Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Late annual account NBB
Fiscal year 2024 was filed 371 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
Financials
Financial year 2024
HH Global Belgium from Machelen (Brab.), company number BE0540910404, closed financial year 2024 with a result of € -59,933 after tax. For that financial year HH Global Belgium recorded revenue of € 1.7 million and equity of € -658,450. Compared with financial year 2023, the result moved from € -37,873 to € -59,933. The company made a loss. 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 November 6, 2025.
€ -658,450
▼ € 59,933 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,933
▼ 58 % more loss than in 2023
Profit after tax over the fiscal year.
€ 94,343
▲ € 84,343 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -738,450.
People and assets in 2024
14.5
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
€ 99,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 16,645
▼ 78% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 349,057
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 1,702,894 | |
| Profit after taxes | € -24,397 | € -45,874 | € -37,873 | € -59,933 | ▼ € 22,059 |
| Equity | € -514,770 | € -560,644 | € -598,517 | € -658,450 | ▼ € 59,933 |
| Total debts | € 531,243 | € 571,957 | € 643,243 | € 1,746,334 | ▲ 171% |
| Cash | € 9,996 | € 9,996 | € 10,000 | € 94,343 | ▲ € 84,343 |
| Retained profit | € -594,770 | € -640,644 | € -678,517 | € -738,450 | ▼ € 59,933 |
| Balance sheet total | € 16,473 | € 11,314 | € 44,726 | € 1,087,884 | ▲ € 1 million |
| Employees (FTE) | - | - | - | 14.5 |
Key figures of HH Global Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to HH Global Belgium?
What happened at HH Global Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristof Van Loon stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 59,933. filed late Source: NBB ↗
- Nadia McDonald became a director. NBB
- Michael Keen stepped down as director. NBB
- Jan VERHAAG stepped down as director. NBB
- Peter DRYDON stepped down as director. NBB
- Michael Keen became a director. NBB
- Kristof Van Loon became a director. NBB
In short
From € 24,397 loss in 2021 to € 59,933 loss in 2024.
Paid € 545 in corporate taxes since 2021.
Pays suppliers within 43 days on average.
A new publication or filing at HH Global Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HH Global Belgium is Nadia McDonald. The shares are held by INNERWORKS EUROPE LIMITED (100%) and INWK EMEA LLC (0%).
Directors
According to the 2024 annual accounts
Nadia McDonald
Director
since 2024
Michael Keen
Director
since 2023 · until 2024
Jan VERHAAG
Director
since 2021 · until 2024
Peter DRYDON
Director
since 2021 · until 2024
Kristof Van Loon
Director
since 2023 · until 2029
Shareholders
INNERWORKS EUROPE LIMITED
100%
INWK EMEA LLC
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Culliganlaan 2C
1831 Machelen (Brab.)
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0540.910.404
- VAT number
- BE 0540.910.404
- Registered office
- Culliganlaan 2C, 1831 Machelen (Brab.)
- Names & denominations
- HH Global Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2013
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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