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DE HEIDE

Active Private limited companyfounded 1992active for 34 yearsLange Rekstraat 50, 9100 Sint-NiklaasKBO/BCE: BE 0448.077.246

Lifetime

21 annual accounts with figures on one time axis, 33 filings since 1993
peak €177,070 (2019)
€35,927▲ 20.0%
lowest -€18,233 (2016)
€12,003▲ 176%
peak €187,973 (2025)
€187,973▲ 6.8%
€60,139▼ 14.4%
Board1 name since 2021
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €29,928 to €35,927Result from €4,350 to €12,003

Key points

from the 2025 annual accounts

Turnover

≈ €95,000 estimated

The accounts state no turnover.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

Three of the last ten came late. The 2022 accounts came latest: 62 days after the end of the period.

Checked score

96
Excellent
Financially stronger than 70% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 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 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100+4equity 75.8% of total assets
95+2short-term debt 18.1% · cash 64.3%
75+4return on assets 4.8%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 3.75, cash €159,563
Equity €187,973 (75.8% of total assets)
Founded in 1992
Calculation

The band follows from the bankruptcy probability. 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 73, micro). It does better than 87% of them on solvency, 89% on liquidity, 46% on profitability and 56% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as DE HEIDE has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DE HEIDE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for DE HEIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.75 (3.23 in 2024), above the usual 1.5. Short-term debt is 18.1% and cash 64.3% of total assets. 24.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.75, cash €159,563
NBB · annual accounts
lowers risk · Equity €187,973 (75.8% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
3 days early
2023
18 days early
2022
62 days late
2021
62 days early
2020
51 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448077246
Reappointment: VAN ROYEN Guy Jozef Anna (statutory director) Appointment: VAN ROYEN Guy Jozef Anna (statutory director) · General meeting of 29-12-2023 · Gazette deed
First establishment Lange Rekstraat 50, Sint-Niklaas
Incorporation published on 12-09-1992 · Gazette deed
All 44 events

Comparable companies

same main activity, similar in size and age
Company
DE HEIDE Sint-Niklaas €248,112 €35,927 75.8% -
GRAFFITO Lokeren €221,965 €41,768 0.1% -
FIRMA GODEMA Knokke-Heist €220,997 €38,751 79.1% -
PUBLI M Rumst €259,707 €42,726 65.0% 0.5
MEDIACONCEPT Spa €228,959 €40,348 7.5% -
A et A Etterbeek €254,814 €42,081 83.7% -
ARCAS Woluwe-Saint-Pierre €223,171 €44,692 89.3% -

These companies have the same main activity as DE HEIDE: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €221,000 and €260,000, founded between 1990 and 1996.

Official details

Source: KBO
Status
Active since 18-08-1992Normal situation
Activity
Advertising agenciesNACE 73110
Establishment unit
2.059.245.6629100 Sint-Niklaas, since 16-10-1992
Financial year end
31 December
Peppol
Reachable since 17-02-2026
Company details

Annual accounts 2025

€248,112▲ 0.8%
Filing
Filed on 31-08-2026
Financials

Insights on DE HEIDE

DE HEIDE files the abbreviated format. That format states no turnover. The gross margin rose from €13,658 in 2005 to €35,927 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DE HEIDE

What is the company number of DE HEIDE?
The company number of DE HEIDE is 0448.077.246. The VAT number is the same number with BE in front: BE 0448.077.246.
Where is DE HEIDE based?
The registered office is at Lange Rekstraat 50, 9100 Sint-Niklaas.Company details
What does DE HEIDE do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of DE HEIDE?
DE HEIDE is a private limited company (BV).
When was DE HEIDE founded?
DE HEIDE was founded on 18-08-1992.
Is DE HEIDE still active?
Yes, DE HEIDE is an active enterprise in the KBO register.
What is the turnover of DE HEIDE?
The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €35,927 and 45 comparable companies (NACE 73). It probably lies between €67,000 and €130,000.Financials
Is DE HEIDE profitable?
In financial year 2025, DE HEIDE made a profit of €12,003.
Where can I find the annual accounts of DE HEIDE?
DE HEIDE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE HEIDE due?
DE HEIDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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