H&M LOGISTIC
The computed 12-month bankruptcy probability of H&M LOGISTIC is 17.5% (high). The 2024 annual accounts show equity of €98k and a net result of €-5k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 2273 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
| Equity | €98k |
| Net result | €-5k |
| Staff (FTE) | 2.3 |
| Better than sector | 77% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.8% | 27.3% | |
| Net result | €-5k | €5k | |
| Equity | €98k | €17k | |
| Gross operating margin | €100k | €28k | |
| Staff costs | €78k | €37k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €22k |
| Net profit | €-5k |
| Cash flow | €21k |
| Staff costs | €78k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €179k |
| Equity | €98k |
| Debt | €81k |
| of which ≤ 1y | €81k |
| of which > 1y | - |
| Working capital | €-56k |
| Employees (FTE) | 2.3 |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -31.4% |
| Solvency | 54.8% |
| Debt / equity | 0.83 |
| Long-term debt ratio | - |
| Interest coverage | 140.03 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.6% |
| ROE | -4.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 57d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €179k |
| Fixed assets | 21/28 | €155k |
| Tangible fixed assets | 22/27 | €136k |
| Financial fixed assets | 28 | €19k |
| Current assets | 29/58 | €25k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €3k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €179k |
| Equity | 10/15 | €98k |
| Contributions / capital | 10/11 | €12k |
| Accumulated profits (losses) | 14 | €86k |
| Amounts payable | 17/49 | €81k |
| Amounts payable within one year | 42/48 | €81k |
| Trade debts payable within one year | 44 | €30k |
| Income statement | ||
| Gross operating margin | 9900 | €100k |
| Operating result | 9901 | €-3k |
| Financial charges | 65 | €159 |
| Result before taxes | 9903 | €-3k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
Former directors (1)
-
Zebiri HassanDirectorState Gazette act 26051092 (24-04-2026)Former- → 24-04-2026
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2021 |
| Status | Active |
| Postal code | 1030 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0149/00B013 | Brussels | 1,194 m² | 1 · 392 m² | 22.3 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 01-12-2025 to 12-12-2025.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-04-2026 Act object · General meeting · Share transfer · Officer resignation
- Filing: 2026-04-17 · H&M LOGISTIC
- Publication: 2026-04-24 · H&M LOGISTIC
- Act object: TRANSFERT D'ACTION - DÉMISSION D'UN ADMINISTRATEUR · H&M LOGISTIC
- General meeting: date: 2026-03-31, type: extraordinaire · H&M LOGISTIC
- Share transfer: date: 2026-03-31, shares: la totalité de ses actions · Zebiri Hassan
- Officer resignation: date: 2026-03-31, role: administrateur · Zebiri Hassan
Technical details
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{
"type": "filing",
"quote": "D\u00E9pos\u00E9 / Re\u00E7u le 17 AVR. 2026",
"value": "2026-04-17",
"object": null,
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},
{
"type": "publication",
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},
{
"type": "act_object",
"quote": "Objet de l\u0027acte : TRANSFERT D\u0027ACTION - D\u00C9MISSION D\u0027UN ADMINISTRATEUR",
"value": "TRANSFERT D\u0027ACTION - D\u00C9MISSION D\u0027UN ADMINISTRATEUR",
"object": null,
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},
{
"type": "general_meeting",
"quote": "Le 31/03/2026, s\u0027est tenu \u00E0 17 heures, l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire de la SRL LOGISTIC",
"value": {
"date": "2026-03-31",
"type": "extraordinaire"
},
"object": null,
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},
{
"type": "share_transfer",
"quote": "Monsieur Zebiri Hassan c\u00E8de la totalit\u00E9 de ses actions \u00E0 Monsieur Merzouki Mohammed qui accepte avec effet imm\u00E9diat.",
"value": {
"date": "2026-03-31",
"shares": "la totalit\u00E9 de ses actions"
},
"object": "e3",
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},
{
"type": "officer_resignation",
"quote": "D\u00E9mission de Monsieur Zebiri Hassan de son poste d\u0027administrateur qui accepte avec effet imm\u00E9diat.",
"value": {
"date": "2026-03-31",
"role": "administrateur"
},
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"entities": [
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"kind": "company",
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]
}09-12-2022 Registered office moved within Bruxelles
- Rue Laneau 39, 1020 Bruxelles → Avenue Adolphe Lacomblè 59, 1030 Bruxelles
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Bruxelles",
"region": "Brussels",
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"country": "BE",
"postcode": "1030",
"box_number": "8",
"street_number": "59"
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"region": "Brussels",
"street": "Rue Laneau",
"country": "BE",
"postcode": "1020",
"box_number": null,
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},
"effective_date": "2022-10-01",
"evidence_quote": "L\u0027AGE de ce jour a approuv\u00E9 \u00E0 l\u0027unanimit\u00E9 des Voix la d\u00E9cision de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 la nouvelle adresse sise \u00E0 Avenue Adolphe Lacombl\u00E8 59 bte 8 B1030 Bruxelles ... et prend effet \u00E0 partir d\u0027aujourd\u0027hui le Vendredi 01 Octobre 2022."
}
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"name_full": "H \u0026 M LOGISTIC",
"legal_form": "SRL"
}
}03-08-2021 Incorporation of a new SRL
Technical details
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"initial_directors": [],
"incorporation_date": "2021-07-29",
"post_incorporation_mandates": []
}| Legal nameFR | H&M LOGISTIC |
- 12-12-2025 Address strikeout annulled
- 01-12-2025 Address struck