Financials
- Fiscal year
- 2025
- Turnover
- €12.4m
- Profit
- €588,973
- Solvency
- -75.9%
Turnover▲ 9.9%
Net result
20182025
EDITIONS HEMMA
ActiveSummary
EDITIONS HEMMA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6.4m) and a net result of €588,973. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 9% of 187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Book publishing
NACE 58110Manufacture of rubber and plastic products NACE 22110
#4 company by total assets in the province of Liège, Publishing sector1 site
Size
€12.4mturnover 2025
- Staff
- 18 FTE
- Equity
- -€6.4m
- Profit
- €588,973
Structure
- Parent
- VIVENDI SE
- Board
- 7 members
Auditor: HLB NICOLET & C°Accounts 80 d early
Why 54Capped at 59: negative equity- Negative equity -€6.4m- Liquidity: current ratio 0.53, cash €6,647, halved+ Size: turnover €12.4m, 18 FTE, total assets €8.4m+ Sector Publishing activities (NACE 58)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 32% of its sector peers (NACE 58, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -75.9% of total assets
Liquidity
0=
short-term debt 161.1% · cash 0.1%
Profitability
68+18
return on assets 7.0%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%
12-2024: 2.4%● 0.0% vs 11-2024
01-2025: 2.4%● 0.0% vs 12-2024
02-2025: 2.4%▲ +1.6% vs 01-2025
03-2025: 2.4%▲ +1.7% vs 02-2025
04-2025: 2.4%● 0.0% vs 03-2025
05-2025: 2.5%▲ +0.5% vs 04-2025
06-2025: 2.5%▲ +0.4% vs 05-2025highest value
07-2025: 1.3%▼ -46.4% vs 06-2025
08-2025: 1.3%● 0.0% vs 07-2025
09-2025: 1.3%● 0.0% vs 08-2025
10-2025: 1.3%● 0.0% vs 09-2025
11-2025: 1.3%● 0.0% vs 10-2025
12-2025: 1.3%● 0.0% vs 11-2025
01-2026: 1.3%● 0.0% vs 12-2025
02-2026: 1.3%▲ +1.7% vs 01-2026
03-2026: 1.4%▲ +1.9% vs 02-2026
04-2026: 1.4%● 0.0% vs 03-2026
05-2026: 1.4%● 0.0% vs 04-2026
06-2026: 0.8%▼ -42.6% vs 05-2026lowest value
07-2026: 0.8%● 0.0% vs 06-2026lowest value
08-2026: 0.8%● 0.0% vs 07-2026lowest value
09-2026: 0.8%● 0.0% vs 08-2026lowest value
10-2026: 0.8%● 0.0% vs 09-2026lowest value
- Negative equity -€6.4m raises the probability
- Liquidity: current ratio 0.53, cash €6,647, halved raises the probability
- Size: turnover €12.4m, 18 FTE, total assets €8.4m lowers the probability for this profile
- Sector Publishing activities (NACE 58) lowers the probability
No credit on open account
Liquidity short (current ratio 0.53 against 0.48 in 2024; short-term debt: 161.1% and cash: 0.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 58, small). Better than this share of them on solvency 5%, liquidity 2%, profitability 51%, growth against the median 69%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 187 sector peers (2025).
NBB · sector comparisonPosition among 187 sector peers
Solvency
better than 9%
← 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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
72 d early
2023
27 d early
2022
82 d early
2021
67 d early
2020
65 d early
2019
66 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 66 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 20 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
- Reappointments: Marie-Christine CONCHON, SOGEDIF SAS and…Power of attorney
- Annual accounts filedfiscal year 2025 · full…
- Permanent representatives: Catherine LUCET, Marianne DURAND…Power of attorney
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€6.4m View
- Caution: Among the weakest 5% on equitysector median €493,214 · 188 companies -€6.4m View
- Positive: Back in profit in 2025after -€213,459 in 2024 €588,973 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Controlled by VIVENDI SEknown shareholders 100% parent View
- Positive: 3 years of growth in a rowturnover 2025: €12.4m 3 years View
- Active since 1968founded 01-01-1968 58 years View
By topic
Board & ownership
- Board
- 7 members
- Parent
- VIVENDI SE
- Known shareholders
- 100%
- Auditor
- HLB NICOLET & C°
Go to Board & ownership
Timeline
- Events
- 48
- Since
- 2004
- Next accounts
- by 31-07-2027
- 23-07-2026Reappointments: Marie-Christine CONCHON, SOGEDIF SAS and 2…
- 12-05-2026Annual accounts filed
- 25-03-2026Permanent representatives: Catherine LUCET, Marianne DURAND and…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Book publishingNACE 58110
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 2
- Purpose
- La société a pour objet l'accomplissement de toutes activités qui touchent à l'édition…
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.