De Hen
ActiveThe computed 12-month bankruptcy probability of De Hen is 2.1% (moderate). The 2025 annual accounts show negative equity (€-317k) and a net result of €41k. Equity is shrinking by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 3620 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+82
Solvency0=
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.11 in 2024; short-term debt: 210.6% and cash: 5.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-158.4%
Return on assets
20.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 3620 sector peers (2025).
NBB · sector comparisonPosition among 3620 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
36 d early
2023
43 d early
2022
19 d early
2021
2 d early
2020
96 d late
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€148k▼ 13.2%
2018 · €170k
2018: €170k
2018 → 2019
EBIT margin
-0.7%▼ 0.4pp
2018 · -0.2%
2018: -0.2%
2018 → 2019
Net result
€41k
2024 · €-147k
2018: €-857
2019: €-3k
2020: €-28k
2021: €-44k
2022: €-163k
2023: €868
2024: €-147k
2018 → 2025
Working capital
€-370k▲ 12.6%
2024 · €-423k
2018: €7k
2019: €20k
2020: €-97k
2021: €-151k
2022: €-315k
2023: €-302k
2024: €-423k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-49k-€-212k▼ 330%€-211k▲ 0.4%€-358k▼ 69.8%€-317k▲ 11.4%
Operating result€-31k-€-142k▼ 360%€22k€-118k€65k
Net result€-44k-€-163k▼ 270%€868€-147k€41k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €65k after a loss of €118k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €200k
Fixed assets
€148k▼ 13.3%
Current assets
€52k▼ 1.5%
Key figures and ratios
EBITDA
€106k▲
2024 · €-72k
Cash flow
€82k▲
2024 · €-102k
Solvency
-158.4%▲
2024 · -160.1%
Current ratio
0.12▲
2024 · 0.11
Quick ratio
0.05▼
2024 · 0.06
Debt / equity
-1.63▼
2024 · -1.62
ROA
20.4%▲
2024 · -65.8%
Interest coverage
4.52▲
2024 · -2.42
Debt
€518k▼
2024 · €582k
Debt ≤ 1 year
€422k▼
2024 · €476k
Debt > 1 year
€96k▼
2024 · €103k
Income taxes
€257▼
2024 · €280
Staff costs
€463k▼
2024 · €497k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€224k€200k▼
Fixed assets21/28€171k€148k▼
Tangible fixed assets22/27€169k€146k▼
Land and buildings22€130k€128k▼
Plant, machinery and equipment23€38k€18k▼
Furniture and vehicles24€484€164▼
Financial fixed assets28€2k€2k=
Current assets29/58€53k€52k▼
Stocks and contracts in progress3€26k€32k▲
Stocks30/36€26k€32k▲
Amounts receivable within one year40/41€19k€4k▼
Trade receivables40€16k€693▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€5k€11k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€224k€200k▼
Equity10/15€-358k€-317k▲
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-381k€-340k▲
Amounts payable17/49€582k€518k▼
Amounts payable after more than one year17€103k€96k▼
Financial debts170/4€103k€96k▼
Amounts payable within one year42/48€476k€422k▼
Current portion of amounts payable after more than one year42€29k€8k▼
Financial debts43€66k€67k▲
Credit institutions430/8€66k€67k▲
Trade debts44€250k€234k▼
Suppliers440/4€250k€234k▼
Taxes, remuneration and social security45€85k€90k▲
Taxes450/3€35k€47k▲
Remuneration and social security454/9€50k€42k▼
Other amounts payable47/48€46k€24k▼
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€497k€463k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€41k▼
Other operating charges640/8€11k€6k▼
Gross operating margin9900€436k€575k▲
Operating profit (loss)9901€-118k€65k▲
Financial income75/76B€581€1▼
Recurring financial income75€581€1▼
Financial charges65/66B€30k€23k▼
Recurring financial charges65€30k€23k▼
Profit (loss) for the period before taxes9903€-147k€41k▲
Income taxes67/77€280€257▼
Profit (loss) for the period9904€-147k€41k▲
Profit (loss) for the period to be appropriated9905€-147k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-381k€-340k▲
Profit (loss) brought forward from the previous period14P€-234k€-381k▼
Social balance
Average headcount (FTE)9087-21.0
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €868
Net result €868 after 5 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-163k
Net result drops to €-163k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 96 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 2.76
Current ratio from 1.31 to 2.76; short-term debt falls from €21k to €11k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2015
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.
Heirbaan(HSD) 4729120 Beveren-Kruibeke-ZwijndrechtGround area
107 m²
Building footprint
229 m²
Volume, LiDAR
986 m³
Parcel 46016D0673/00B002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Hen
since 20152.239.487.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016D0673/00B002 | Flanders | 107 m² | 1 · 229 m² | 10.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.239.487.104
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Bouillon · Eq €23k
Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.