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HANDY

Active
Public limited company·Overige reiniging van gebouwen; industriële reiniging· 28 yrs active
Alsembergsesteenweg 1027B ·1180 Ukkel, Belgium
KBO/BCE: BE 0461.491.554
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Age28 yrs
Staff (FTE)11.9
Real estate1 parcel · 162 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of HANDY is 4.0% (elevated). The 2019 annual accounts show negative equity (€-4.25M) and a net result of €-4.33M. The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.0% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Trust signals

1 signal
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-4.33M-97787.6%
Working capital€-4.13M

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 30-11-2020 with the NBB · fiscal year 2019 · volledig
€-6.00M€-4.00M€-2.00M€0Operating result 2018: €18k€18kNet result 2018: €-4k€-4kOperating result 2019: €21k€21kNet result 2019: €-4.33M€-4.33M20182019
Operating resultNet result
EBITDA
€29k
-53.7% far above sector median
Net profit
€-4.33M
-97787.6% far below sector median
Cash flow
€-4.32M
- far below sector median
Total assets
€779k
-14.8% -62% vs sector
Equity
€-4.25M
- far below sector median
Working capital
€-4.13M
- far below sector median
Employees (FTE)
12
+95.1% -11% vs sector
Income taxes
€4.33M
+23512.5% far above sector median
Debt
€4.90M
+586.9% +216% vs sector
Debt ≤ 1y
€4.87M
+641.1% +269% vs sector
Debt > 1y
€32k
-43.1% -90% vs sector
Current ratio
0.15
-87.7% -88% vs sector
Quick ratio
0.15
-87.4% -88% vs sector
Solvency
-545.4%
- far below sector median
Debt / equity
-0.01
- far below sector median
ROE
101.8%
- far above sector median
ROA
-555.3%
-114762.9% far below sector median
Figures by fiscal year
Fiscal year2019
Revenue-
EBITDA€29k
Net profit€-4.33M
Cash flow€-4.32M
Staff costs-
Income taxes€4.33M
Dividends-
Total assets€779k
Equity€-4.25M
Debt€4.90M
of which ≤ 1y€4.87M
of which > 1y€32k
Working capital€-4.13M
Employees (FTE)11.9
Ratios (computed)
2019
Current ratio0.15
Quick ratio0.15
Working capital ratio-530.2%
Solvency-545.4%
Debt / equity-0.01
Long-term debt ratio-0.01
Interest coverage-
Gross margin-
Net margin-
ROA-555.3%
ROE101.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€779k
Fixed assets 21/28€37k
Tangible fixed assets 22/27€26k
Financial fixed assets 28€11k
Current assets 29/58€742k
Amounts receivable within one year 40/41€408k
Cash & bank 54/58€121k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€779k
Equity 10/15€-4.25M
Contributions / capital 10/11€68k
Reserves 13€7k
Accumulated profits (losses) 14€-4.32M
Provisions & deferred taxes 16€123k
Amounts payable 17/49€4.90M
Amounts payable after one year 17€32k
Amounts payable within one year 42/48€4.87M
Trade debts payable within one year 44€439k
Income statement
Gross operating margin 9900€394k
Operating result 9901€21k
Financial income 75€205
Financial charges 65€13k
Result before taxes 9903€8k
Income taxes 67/77€4.33M
Net result for the period 9904€-4.33M
Result to be appropriated 9905€-4.33M
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2019 · computed
17 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from the NBB filing for FY 2019. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
HANDY
Alsembergsesteenweg 1027b, 1180 Ukkelhet reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
since 19972.083.571.480
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area162 m²

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21616G0149/00V011 Brussels 162 m² - -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health17Profitability100Solvency33Growth32Stability0
36 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 17
Profitability 100
Solvency 33
Growth 32
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Industriële reiniging74700Overige reiniging van gebouwen; industriële reiniging81220Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameNL HANDY
Registered office
Alsembergsesteenweg 1027B bus rez
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.