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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
30 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
H GROUP from Elsene, company number BE0806293890, closed financial year 2024 with a result of € 357,785 after tax. For that financial year H GROUP recorded a gross margin of € -30,047 and equity of € 2 million. Compared with financial year 2023, the result moved from € -245,715 to € 357,785. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ 2 million
▲ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 357,785
▲ still € 245,715 loss in 2023
Profit after tax over the fiscal year.
€ 680,387
▲ € 649,579 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -75,443.
People and assets in 2024
€ 59,222
▼ 3% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 215,468
▲ 3% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.7 million
▼ 6% vs 2023
€ 414,097 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 37,218
▲ 121% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 13,140
▼ 34% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 935,561 | € -163,810 | € -97,343 | € -30,047 | ▲ € 67,297 |
| Profit after taxes | € 630,364 | € -380,940 | € -245,715 | € 357,785 | ▲ € 603,500 |
| Equity | € 955,427 | € 1,876,987 | € 1,631,272 | € 1,989,057 | ▲ 22% |
| Total debts | € 5,923,953 | € 6,219,125 | € 6,357,795 | € 10,613,175 | ▲ 67% |
| Cash | € 1,098,636 | € 67,737 | € 30,809 | € 680,387 | ▲ € 649,579 |
| Land & buildings | € 2,379,499 | € 4,012,802 | € 3,920,601 | € 3,912,222 | |
| Retained profit | € 193,427 | € -187,513 | € -433,228 | € -75,443 | ▲ € 357,785 |
| Bank debt | € 1,193,526 | € 1,893,915 | € 1,782,907 | € 1,670,365 | ▼ 6% |
| Balance sheet total | € 7,152,176 | € 8,361,242 | € 8,250,015 | € 12,858,998 | ▲ 56% |
Key figures of H GROUP, 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 July 2026.
What happened to H GROUP?
What happened at H GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 357,785. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 630,364 profit in 2021 to € 357,785 profit in 2024.
Best year ever: 2021, with € 630,364 profit.
Establishments
Establishment units
Physical locations of this company
Eugène Flageyplein 18
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
All companies at this address →Opératie 1971
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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
- 0806.293.890
- VAT number
- BE 0806.293.890
- Registered office
- Eugène Flageyplein 18, 1050 Elsene
- Names & denominations
- H GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2008
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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