Active BE 0817.260.137Private limited company

H.E.D.

Markt 8 ·9900 Eeklo, Belgium· 16 yrs active

Sector: NACE 92000 (92000)

Conclusion Checked

The computed 12-month bankruptcy probability of H.E.D. is 1.2% (low). The 2025 annual accounts show equity of €9k and a net result of €11k. Equity is growing by ~27.3% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€9k
Net result	€11k
Staff (FTE)	2.7
Active	16 yrs

Snowflake analysis 5 axes · computed by Checked

75 / 100

Exceptional profile, strong across almost every axis.

Health 68

Profitability 100

Solvency 27

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.2% Low

0%0,5%1,5%4%10%≥25%

Multiple establishment units +Higher-failure-rate sector +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2009, 16 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2025 · computed

68 / 100 Healthy

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~27.3%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit

€11k

+343.9% far above sector median

Total assets

€52k

+42.2% -92% vs sector

Equity

€9k

- -98% vs sector

Working capital

€9k

+225.0% -26% vs sector

Employees (FTE)

3

- -59% vs sector

Staff costs

€75k

+599.4% -68% vs sector

Income taxes

€472

+1136.8% -90% vs sector

Debt

€43k

+12.2% -86% vs sector

Debt ≤ 1y

€43k

+27.6% -86% vs sector

Current ratio

1.21

+11.8% +16% vs sector

Quick ratio

1.21

+11.8% +17% vs sector

Solvency

17.5%

- -64% vs sector

Debt / equity

4.72

- far above sector median

ROE

118.1%

- far above sector median

ROA

20.7%

+212.2% far above sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	-
Net profit	€11k
Cash flow	-
Staff costs	€75k
Income taxes	€472
Dividends	-
Total assets	€52k
Equity	€9k
Debt	€43k
of which ≤ 1y	€43k
of which > 1y	-
Working capital	€9k
Employees (FTE)	2.7

Ratios (computed)

	2025
Current ratio	1.21
Quick ratio	1.21
Working capital ratio	17.2%
Solvency	17.5%
Debt / equity	4.72
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	20.7%
ROE	118.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €350 · 0.7% Current assets €52k · 99.3%

Equity & liabilities

Equity €9k · 17.5% Debt €43k · 82.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€52k
Fixed assets	21/28	€350
Financial fixed assets	28	€350
Current assets	29/58	€52k
Amounts receivable within one year	40/41	€42k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€52k
Equity	10/15	€9k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-10k
Amounts payable	17/49	€43k
Amounts payable within one year	42/48	€43k
Trade debts payable within one year	44	€13k
Income statement
Gross operating margin	9900	€94k
Operating result	9901	€15k
Financial charges	65	€4k
Result before taxes	9903	€11k
Income taxes	67/77	€472
Net result for the period	9904	€11k
Result to be appropriated	9905	€11k

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Ratios computed by Checked.

Legal Structure

NACE primary	92000
Legal form	Private limited company(610)
Incorporation	22-07-2009
Status	Active
Postal code	9900

Establishment units 3 locations

H.E.D.

Markt 8, 9900 EekloEetgelegenheden met volledige bediening

since 20092.179.899.410

SNOEPCENTER MEETJESLAND

Leopoldlaan 104, 9900 EekloCafés en bars

since 20242.361.397.890

H.E.D.

St.-Theresiastraat 7, 8430 MiddelkerkeActiviteiten van loterijen en kansspelen

since 20252.381.191.632

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
43005A0621/00W000	Flanders	1,113 m²	-	-
35322C0283/00K035	Flanders	662 m²	1 · 508 m²	28.1 m · 6 fl.
43352E0741/00C000	Flanders	241 m²	1 · 241 m²	12.3 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 2

3 of 3 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

29-01-2026

NBB filing Annual accounts filed

fiscal year 2025 · micro

2024

27-12-2024

NBB filing Annual accounts filed

fiscal year 2024 · micro

31-01-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

13-07-2023

State Gazette act Registered-office change

Roel Mondelaers

03-01-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

19-01-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2020

10-01-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

03-01-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2017

29-12-2017

NBB filing Annual accounts filed

fiscal year 2017 · micro

03-01-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

05-01-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

Address history · 1

13-07-2023

Registered-office move

All acts · 1 updated 3 years ago

2023

13-07-2023 Registered office moved within Eeklo Registered-office change·Roel Mondelaers

9900 Eeklo, Schouthoek 2 → 9900 Eeklo, Markt 8

Notary: Roel Mondelaers · Aalter

Original publication ↗

Technical details

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      "evidence_quote": "",
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    },
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      },
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      "linguistic_region_changed": false,
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      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": "Roel Mondelaers",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Aalter",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-07-13",
    "filing_date": "2023-07-11",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-07-03",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0817.260.137",
    "name_full": "H.E.D.",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Roel MONDELAERS",
    "org_rep_person_name": null,
    "person_role_at_subject": "Notaris"
  },
  "co_filed_documents": [
    "een afschrift van het proces-verbaal van buitengewone algemene vergadering",
    "de geco\u00F6rdineerde statuten"
  ]
}

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Company registry (CBE) Crossroads Bank

Activities

Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Loterijen en kansspelen92000Activiteiten van loterijen en kansspelen92000

Primary activity highlighted.

Names & trade names

Legal nameNL

H.E.D.

Registered office

Markt 8

9900 Eeklo, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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