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Complete company report
Generated 01-08-2026
Active BE 0412.066.391Non-profit associationOpen bankruptcy

De Heide

Industriepark 6 ·9820 Merelbeke-Melle, Belgium· 54 yrs active
Conclusion Checked

A bankruptcy procedure is open for De Heide according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €4.18M and a net result of €-225k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €4.18M
Net result €-225k
Staff (FTE) 107.6
Active 54 yrs
Snowflake analysis 5 axes · computed by Checked
Health17Profitability33Solvency65Growth85Stability0
40 / 100

Fragile profile, watch stability in particular.

Health 17
Profitability 33
Solvency 65
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

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 rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2021 · computed
17 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 03-10-2022 with the NBB · fiscal year 2021 · verkort
€-2.00M€-1.00M€0€1.00M€2.00M€3.00MRevenue 2018: €1.02M€1.02MOperating result 2018: €139k€139kNet result 2018: €-1.11M€-1.11MRevenue 2019: €862k€862kOperating result 2019: €126k€126kNet result 2019: €-606k€-606kRevenue 2020: €692k€692kOperating result 2020: €225k€225kNet result 2020: €-484k€-484kRevenue 2021: €2.63M€2.63MOperating result 2021: €946k€946kNet result 2021: €-225k€-225k2018201920202021
RevenueOperating resultNet result
Revenue
€2.63M
+279.8% 18-21
EBITDA
€1.34M
+112.8% 18-21
Net profit
€-225k
+53.4% 18-21
Cash flow
€173k
- 18-21
Total assets
€10.03M
+21.7% 18-21
Equity
€4.18M
+20.8% 18-21
Working capital
€320k
-63.4% 18-21
Employees (FTE)
108
+12.0% 18-21
Staff costs
€6.24M
- 18-21
Debt
€5.84M
+22.3% 18-21
Debt ≤ 1y
€4.07M
+14.8% 18-21
Debt > 1y
€1.76M
+42.2% 18-21
Current ratio
1.08
-13.5% 18-21
Quick ratio
1.08
-9.9% 18-21
Solvency
41.7%
-0.7% 18-21
Debt / equity
1.40
+291.5% 18-21
ROE
-5.4%
+61.4% 18-21
ROA
-2.2%
+61.7% 18-21
Net margin
-8.6%
+87.7% 18-21
EBITDA margin
51.1%
-44.0% 18-21
Interest coverage
10.15
-5.4% 18-21
Figures by fiscal year
Fiscal year2021
Revenue€2.63M
EBITDA€1.34M
Net profit€-225k
Cash flow€173k
Staff costs€6.24M
Income taxes-
Dividends-
Total assets€10.03M
Equity€4.18M
Debt€5.84M
of which ≤ 1y€4.07M
of which > 1y€1.76M
Working capital€320k
Employees (FTE)107.6
Ratios (computed)
2021
Current ratio1.08
Quick ratio1.08
Working capital ratio3.2%
Solvency41.7%
Debt / equity1.40
Long-term debt ratio0.42
Interest coverage10.15
Gross margin12.7%
Net margin-8.6%
ROA-2.2%
ROE-5.4%
EBITDA margin51.1%
Days sales outstanding169d
Days payable outstanding73d
Inventory turnover-
Days inventory (DSI)0d
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€10.03M
Fixed assets 21/28€5.64M
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€5.06M
Financial fixed assets 28€573k
Current assets 29/58€4.39M
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€3.02M
Investments 50/53€142k
Cash & bank 54/58€34k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€10.03M
Equity 10/15€4.18M
Accumulated profits (losses) 14€-709k
Amounts payable 17/49€5.84M
Amounts payable after one year 17€1.76M
Amounts payable within one year 42/48€4.07M
Trade debts payable within one year 44€458k
Income statement
Turnover 70€2.63M
Operating result 9901€946k
Financial income 75€45
Financial charges 65€1.17M
Result before taxes 9903€-225k
Net result for the period 9904€-225k
Result to be appropriated 9905€-225k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates3 persons
Role Name Tenure Source
Curator MIEKE VAN CUYCK
SINT-CHRISTIANASTRAAT 48, 9890 04 DIKKELVENNE
 27-10-2022 → present Belgian State Gazette
Curator PIETER HUYGHE
SAVAAN- STRAAT 72, 9000 GENT
 27-10-2022 → present Belgian State Gazette
Curator LINSE DE LEEUW
BRUSSELSESTEENWEG 691, 9050 GENTBRUGGE-
 27-10-2022 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Non-profit association(017)
Incorporation01-03-1972
StatusActive
Postal code9820
First BS signal 04-11-2022
Latest BS signal 04-11-2022
Company structure, linked entities3 linked entities
Real-estate footprint Source: CBE × cadastre

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.
44413A0051/00D000 Flanders 2.3 ha 1 · 4,121 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.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
04-11-2022
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · DE HEIDE VZW INDUSTRIE- PARK 6, 9820 MERELBEKE · event 27-10-2022
03-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
28-09-2022
State Gazette act Director changes
01-08-2022
State Gazette act Director changes
2021
09-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
01-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
11-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
22-05-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
29-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
31-05-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
18-05-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
28-05-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2013
04-06-2013
NBB filing Annual accounts filed
fiscal year 2012 · verkort
Lifecycle & Insolvency Signals 1 events
04-11-2022
Bankruptcy Opening
Date: 27-10-2022 · Ondernemingsrechtbank Gent, afdeling Gent · DE HEIDE VZW INDUSTRIE- PARK 6, 9820 MERELBEKE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-11-04 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 3 years ago
2022
28-09-2022 Stefaan Beirens reappointed as company auditor Director changes
  • Stefaan Beirens, Bedrijfsrevisor
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01-08-2022 8 directors appointed, 3 resigning Director changes
  • Van Durme Etienne, Bestuurder
  • Hermanns Philippe, Bestuurder
  • Roberti Adrien, Bestuurder
  • De Baets Johan, Bestuurder
  • Stroobant Geert, Bestuurder
  • De Waele Katelijne, Bestuurder
  • Caus Inès, Bestuurder
  • Stijn De Bie, Bestuurder
Technical details 
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL De Heide
Registered office
Industriepark 6
9820 Merelbeke-Melle, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative