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BE 0889.873.050Private limited companyOpen bankruptcy
AD HERTECANT
Emiel Hertecantlaan(B) 22 ·9290 Berlare, Belgium· 19 yrs active
Sector: Non-specialised food retail
(47110)
Conclusion
A bankruptcy procedure is open for AD HERTECANT according to publications in the Belgian State Gazette. The 2025 annual accounts show equity of €192k and a net result of €-82k.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €192k |
| Net result | €-82k |
| Staff (FTE) | 12.5 |
| Better than sector | 45% |
Snowflake analysis
14
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
0
Solvency
10
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 30-03-2026 with the NBB · fiscal year 2025 · verkort
Sector comparison
Fiscal year 2025 · NACE 47 — Retail trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.0% | 15.7% | |
| Net result | €-82k | €9k | |
| Equity | €192k | €53k | |
| Gross operating margin | €603k | €214k | |
| Staff costs | €582k | €218k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-40k
—
18–25
€-82k
—
18–25
€-23k
—
18–25
€1.37M
-8.4%
18–25
€192k
-32.4%
18–25
€-554k
+1.4%
18–25
13
+5.0%
18–25
€582k
+10.9%
18–25
€0
—
18–25
€0
-100.0%
18–25
€1.18M
-2.8%
18–25
€1.15M
-2.6%
18–25
€0
-100.0%
18–25
0.52
-1.1%
18–25
0.15
+8.6%
18–25
14.0%
-26.2%
18–25
6.14
+43.8%
18–25
-42.8%
—
18–25
-6.0%
—
18–25
-1.67
—
18–25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Revenue | — |
| EBITDA | €-40k |
| Net profit | €-82k |
| Cash flow | €-23k |
| Staff costs | €582k |
| Income taxes | €0 |
| Dividends | — |
| Total assets | €1.37M |
| Equity | €192k |
| Debt | €1.18M |
| of which ≤ 1y | €1.15M |
| of which > 1y | — |
| Working capital | €-554k |
| Employees (FTE) | 12.5 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.52 |
| Quick ratio | 0.15 |
| Working capital ratio | -40.5% |
| Solvency | 14.0% |
| Debt / equity | 6.14 |
| Long-term debt ratio | — |
| Interest coverage | -1.67 |
| Gross margin | — |
| Net margin | — |
| ROA | -6.0% |
| ROE | -42.8% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €1.37M |
| Fixed assets | 21/28 | €776k |
| Intangible fixed assets | 21 | €200k |
| Tangible fixed assets | 22/27 | €575k |
| Financial fixed assets | 28 | €605 |
| Current assets | 29/58 | €593k |
| Stocks & contracts in progress | 3 | €419k |
| Amounts receivable within one year | 40/41 | €97k |
| Cash & bank | 54/58 | €33k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.37M |
| Equity | 10/15 | €192k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €-258k |
| Amounts payable | 17/49 | €1.18M |
| Amounts payable within one year | 42/48 | €1.15M |
| Trade debts payable within one year | 44 | €757k |
| Income statement | ||
| Gross operating margin | 9900 | €603k |
| Operating result | 9901 | €-99k |
| Financial income | 75 | €41k |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €-82k |
| Income taxes | 67/77 | €0 |
| Net result for the period | 9904 | €-82k |
| Result to be appropriated | 9905 | €-82k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FREDERIC LELEUX DRUKKERIJSTRAAT 11, 9240 ZELE- |
11-05-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 06-06-2007 |
| Status | Active |
| Postal code | 9290 |
| First BS signal | 18-05-2026 |
| Latest BS signal | 18-05-2026 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
AD DELHAIZE BERLARE
since 20072.163.457.415
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003D0399/00M010 | Flanders | 3,109 m² | 1 · 1,503 m² | 9.0 m · 1 fl. |
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.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
18-05-2026
Bankruptcy
Opening
30-03-2026
NBB filing
Annual accounts filed
2025
26-03-2025
NBB filing
Annual accounts filed
2024
21-03-2024
NBB filing
Annual accounts filed
2023
17-03-2023
NBB filing
Annual accounts filed
2022
04-04-2022
NBB filing
Annual accounts filed
2021
26-03-2021
NBB filing
Annual accounts filed
2020
06-04-2020
NBB filing
Annual accounts filed
2019
05-04-2019
NBB filing
Annual accounts filed
2018
28-03-2018
NBB filing
Annual accounts filed
2017
29-03-2017
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
18-05-2026
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)52114
Primary activity highlighted.
Names & trade names
| Legal nameNL | AD HERTECANT |
Registered office
Emiel Hertecantlaan(B) 22
9290 Berlare, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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