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DR. BIRGIT HEDERER

Active Private limited companyfounded 2004active for 22 yearsMalehoeklaan 74, 8310 BrugesKBO/BCE: BE 0866.111.119

Lifetime

19 annual accounts with figures on one time axis, 21 filings since 2005
peak €41,936 (2019)
€19,369▼ 33.3%
lowest -€20,298 (2015)
€621▼ 90.4%
peak €199,503 (2025)
€199,503▲ 0.3%
€58,772▲ 0.3%
Board1 name since 2022
1 directorHEDERER BIRGIT
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €29,059 to €19,369Result from €6,442 to €621Cash from €33,563 to €47,875

Key points

from the 2025 annual accounts

Equity

€199,503 ▲ 0.3%

DR. BIRGIT HEDERER has made a profit without a break since 2016.

Filings

21 annual accounts since 2005
deadline20052010201520202025

The last five annual accounts were filed 0 to 8 days before the end of the period.

Position in the sector

€621

Lower net result than 90% of companies in human health. Sector median €60,071 · 20,751 companies.

Checked score

93
Excellent
Financially stronger than 45% of micro companies in human health (NACE 86)
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: < 0.1% across 24,185 companies (NACE 86, 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%▲ +0.1 percentage points vs 01-2026highest value 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest 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=equity 77.2% of total assets
66+7short-term debt 21.7% · cash 18.5%
69-3return on assets 0.2%

Score breakdown

lowers risk
Sector: Human health activities (NACE 86)
Liquidity: current ratio 0.88, cash €47,875
Size: total assets €258,275
Equity €199,503 (77.2% of total assets)
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 86, micro). It does better than 82% of them on solvency, 45% on liquidity, 13% on profitability and 39% on growth.

The bankruptcy probability was computed on 08-11-2026 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 30-06-2025.

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 DR. BIRGIT HEDERER 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 DR. BIRGIT HEDERER 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 DR. BIRGIT HEDERER. 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 insufficient, with a current ratio of 0.88 (0.66 in 2024), below 1. Short-term debt is 21.7% and cash 18.5% of total assets. 22.8% 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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 0.88, cash €47,875
NBB · annual accounts
lowers risk · Size: total assets €258,275
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €199,503 (77.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
8 days early
2022
1 day early
2021
on the day
2020
2 days early
2019
9 days 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 3 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HB
HEDERER BIRGIT
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0866111119
Amendment of the articles · Legal-form change · Resignations & appointments “Het uitoefenen van de geneeskunde door de arts-aandeelhouder op het gebied van de specialisatie pediatrie, dit…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-10-2021 · Gazette deed
New establishment in Bruges Margareta van Vlaanderenstraat 11
Incorporation published on 09-07-2004 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
DR. BIRGIT HEDERER Bruges €258,275 €19,369 77.2% -
DR.ROELOFS JOHANNA, HUISARTS Lubbeek €236,149 €19,177 98.7% -
LIEFS Bonheiden €330,375 €20,418 27.9% -
D.V.L. Uccle €313,561 €20,201 94.0% -
DOKTERSPRAKTIJK LUC FYENS Tessenderlo-Ham €205,539 €22,880 84.3% -
DR. KAREL VAN IMSCHOOT, HUISARTS Wetteren €285,930 €22,434 75.9% -
Huisartspraktijk Van der Wilt Mechelen €243,880 €19,331 80.6% -

These companies have the same main activity as DR. BIRGIT HEDERER: general medical practice (NACE 86210). They are comparable in size and age: total assets between €206,000 and €330,000, founded between 2000 and 2011.

Official details

Source: KBO
Status
Active since 01-07-2004Normal situation
Activity
General medical practiceNACE 86210and 1 other
Establishment units
2.232.481.6258310 Bruges, since 01-07-2004
2.361.877.1508310 Bruges, since 14-10-2021
Financial year end
30 June
Peppol
Reachable since 19-12-2025
Company details

Annual accounts to 30-06-2025

≈ €120,000estimated
€258,275▲ 0.3%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on DR. BIRGIT HEDERER

DR. BIRGIT HEDERER files the micro format. That format states no turnover. The gross margin fell from €30,854 in 2007 to €19,369 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 DR. BIRGIT HEDERER

What is the company number of DR. BIRGIT HEDERER?
The company number of DR. BIRGIT HEDERER is 0866.111.119. The VAT number is the same number with BE in front: BE 0866.111.119.
Where is DR. BIRGIT HEDERER based?
The registered office is at Malehoeklaan 74, 8310 Bruges.Company details
What does DR. BIRGIT HEDERER do?
According to the KBO register, the main activity is general medical practice (NACE 86210).
What is the legal form of DR. BIRGIT HEDERER?
DR. BIRGIT HEDERER is a private limited company (BV).
When was DR. BIRGIT HEDERER founded?
DR. BIRGIT HEDERER was founded on 01-07-2004.
Is DR. BIRGIT HEDERER still active?
Yes, DR. BIRGIT HEDERER is an active enterprise in the KBO register.
What is the turnover of DR. BIRGIT HEDERER?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €19,369 and 47 comparable companies (NACE 86). It probably lies between €82,000 and €200,000. It is a rough estimate.Financials
Is DR. BIRGIT HEDERER profitable?
In financial year 2025, DR. BIRGIT HEDERER made a profit of €621.
Where can I find the annual accounts of DR. BIRGIT HEDERER?
DR. BIRGIT HEDERER filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DR. BIRGIT HEDERER due?
DR. BIRGIT HEDERER must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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