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
16
/ 100
Critical▲ +9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency33=
Growth38▲+16
Stability100
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), 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 year so far.
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
ROE
-12.9%▼
2024 · 41.1%
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
Similar companies · same sector, comparable size
De Meyer-Camby
BE 0764.737.904
Waasmunster · Eq €23k
M&Hfood
BE 0696.949.156
Sint-Jans-Molenbeek · Eq €23k
L'AUSTRALIEN
BE 0662.614.522
Comines-Warneton · Eq €23k
PENTA
BE 0451.831.245
Keerbergen · Eq €23k
ROCHEHAUT EVENT
BE 0786.764.723
Bouillon · Eq €23k
Of 20,232 companies in sector 56111 we hold annual accounts for 11,312. 8,885 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.