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HEMMAX

Active
Private limited companyfounded 2018active for 8 yearsEuropalaan 14, 8560 Wevelgem, BelgiumKBO/BCE: BE 0688.763.148
Summary

HEMMAX has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €503,964 and a net result of €205,606. Equity is growing by about 70% per year across the filed financial years. Its solvency ranks better than 58% of 19,393 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Real estate agency activities
NACE 68310Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
1 site
Size
€1.2mtotal assets 2024
Staff
4.7 FTE
Equity
€503,964
Profit
€205,606
Turnover not published (micro format)
Financial health
72 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 71 days overdue0 of 8 deeds read
Why 72raises riskFigures for financial year 2024 (filed 27-09-2025)1 financial year not filed after the legal deadline; latest accounts 58 days late; 1 of the last 3 latelowers riskSector: Real estate activities (NACE 68)Size: total assets €1.2mShow the evidence

Checked score

Score 2024
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 79% of its sector peers (NACE 68, micro)
Financial strength · tick = 2023
Strong
Solvency 67+9
equity 41.7% of total assets
Liquidity 75+14
short-term debt 11.3% · cash 21.0%
Profitability 90+8
return on assets 17.0%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,557 companies, NACE 68, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024highest value 01-2025: 0.2%▼ -1.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025 10-2025: 0.2%▼ -0.7 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.4 percentage points vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.1, compared with 0.98 in 2023; short-term debt: 11.3% and cash: 21% of total assets), but 58.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 58% on solvency, 83% on liquidity, 86% on profitability and 89% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 27-09-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 58 days late; 1 of the last 3 late
NBB · filings
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €1.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
58 days late
2023
12 days early
2022
21 days early
2021
2 days early
2020
29 days early
2019
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 4 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Highest result from 2019 to 2024net €205,606 ▲119%
  3. Liquidity more than doublescurrent ratio 2.10

Key points

  • Positive: Result rose in 2024from €93,965 to €205,606 ▲ 119% View
  • Positive: Among the best 5% on net resultsector median €4,447 · 19,380 companies €205,606 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Positive: 6 profitable years in a rowprofit 2024: €205,606 6 years View

By topic

Financials

Financial year
2024
Total assets
€1.2m
Profit
€205,606
Solvency
41.7%
Total assets▲ 33.7%
Net result
20192024
Go to Financials

Timeline

Events
12
Since
2020
  1. 31-12-2024Equity above €500,000
  2. 19-07-2024Annual accounts filed
  3. 10-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate agency activitiesNACE 68310
Founded
23-01-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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