BUREAU HECK

Active

Private limited company (pre-2019)founded 198838 yrs activeBollandistenstraat 24, 1040 Etterbeek, BelgiumKBO/BCE: BE 0434.865.846

BUREAU HECK has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-227k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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Checked score

Score 2025

35 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability15▲+15

Solvency0=

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.83 against 4.79 in 2023; short-term debt: 74.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-885.4%

Return on assets

-9.1%

Age of the figures

15 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

192021222325

2019 to 2025 · latest year €-227k

Filed more than 90 days late

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-08-2026, 205 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

205 d late

2024

4 d late

2023

30 d late

2022

29 d late

2021

179 d late

2020

36 d late

2019

28 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close17-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Name match with a sanctions list

1 entry

Blood and Honouralias B&H

UK sanctions list · programme Asset freeze · The Counter-Terrorism (Sanctions) (EU Exit) Regulations 2019 · listed since 08-01-2025 · exact name match (100%)

A name match is not a finding that this company itself is on the list; check the entry at the source.

Financials · fiscal year 2025, micro schema

Turnover

€2k

EBIT margin

-11420.1%

Net result

€-2k▲ 98.9%

2023 · €-221k

2019: €-16k 2020: €-9k 2021: €-23k 2022: €-23k 2023: €-221k

2019 → 2025

Working capital

€-3k

2023 · €140k

2019: €315k 2020: €302k 2021: €279k 2022: €257k 2023: €140k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232025Trend

Turnover€2k

Equity€84k-€61k▼ 27.6%€37k▼ 38.5%€-193k€-227k▼ 17.7%

Operating result€-13k-€-26k▼ 105%€-20k▲ 23.1%€-207k▼ 923%€-484▲ 99.8%

Net result€-9k-€-23k▼ 166%€-23k▼ 1.2%€-221k▼ 843%€-2k▲ 98.9%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result is €-484 in 2025, compared with €-207k in 2023. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2025 in colour, 2023 as the grey bar beneath

Assets €26k

38.0%

62.0%

Fixed assets €10k▼ 18.5%

Current assets €16k▼ 91.0%

Key figures and ratios

2025 value · change against 2023

Solvency

-885.4%▼

2023 · -102.1%

Current ratio

0.83▼

2023 · 4.79

Quick ratio

0.83▼

2023 · 4.79

Debt / equity

-0.08▲

2023 · -0.77

ROA

-9.1%▲

2023 · -117.1%

Debt

€19k▼

2023 · €148k

Debt ≤ 1 year

€19k▼

2023 · €37k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2023

Balance sheet Code20232025

Assets

Total assets20/58€189k€26k▼

Fixed assets21/28€12k€10k▼

Tangible fixed assets22/27€12k€10k▼

Furniture and vehicles24€10k€10k=

Other tangible fixed assets26€2k-

Current assets29/58€177k€16k▼

Amounts receivable within one year40/41€66k€16k▼

Other amounts receivable41€66k€16k▼

Current investments50/53€387-

Deferred charges and accrued income490/1€110k-

Equity and liabilities

Total equity and liabilities10/49€189k€26k▼

Equity10/15€-193k€-227k▼

Contributions10/11-€6k

Reserves13€46k€2k▼

Non-distributable reserves130/1-€2k

Other1319-€2k

Distributable reserves133€46k-

Profit (loss) carried forward14€-239k€-235k▲

Provisions and deferred taxes16€234k€234k=

Provisions for liabilities and charges160/5€234k€234k=

Pensions and similar obligations160€234k€234k=

Amounts payable17/49€148k€19k▼

Amounts payable after more than one year17€20k-

Financial debts170/4€20k-

Amounts payable within one year42/48€37k€19k▼

Financial debts43-€18k

Credit institutions430/8-€18k

Trade debts44€35k€900▼

Suppliers440/4€35k€900▼

Taxes, remuneration and social security45€2k-

Taxes450/3€2k-

Accrued charges and deferred income492/3€92k-

Income statement Code20232025

Turnover70€2k-

Non-recurring operating income76A€3k-

Goods, raw materials, services and sundry goods60/61€12k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€209k-

Gross operating margin9900€5k€-484▼

Operating profit (loss)9901€-207k€-484▲

Financial charges65/66B€14k€2k▼

Recurring financial charges65€14k€2k▼

Non-recurring financial charges66B€14k-

Profit (loss) for the period before taxes9903€-221k€-2k▲

Profit (loss) for the period9904€-221k€-2k▲

Profit (loss) for the period to be appropriated9905€-221k€-2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-250k€-235k▲

Profit (loss) brought forward from the previous period14P€-29k€-233k▼

Shareholders' contribution to the loss794€11k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

24-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 205 days late

2025

04-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 4 days late

2024

01-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

30-06

Financial Weakest financial yearnet €-221k

Net result drops to €-221k, the lowest in the series; recovery starts the following year.

01-03

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

29-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 179 days late

2021

08-03

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 36 days late

2020

28-02

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 28 days late

2019

23-05

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 112 days late

2018

28-02

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 28 days late

2017

07-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 127 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Etterbeek

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Bollandistenstraat 241040 Etterbeek

Ground area

111 m²

Building footprint

109 m²

Volume, LiDAR

1,274 m³

Parcel 21362B0278/00P003, Brussels · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21362B0278/00P003	Brussels	111 m²	1 · 109 m²	16.7 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Guldentops Building Consulting

Wortegem-Petegem · Eq €37k

ARCHITECTEN ASSOCIATIE ATRIO

Sint-Jans-Molenbeek · Eq €37k

Of 18,249 companies in sector 71111 we hold annual accounts for 6,319. 5,119 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded01-08-1988

Fiscal year end30-06

Abbreviation FR B.H.

Activities, NACEBEL

71111Activities of building architects

74201Photography, excluding press photography

Sources

Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.