H.E.M.
Bankruptcy1 interim measureSummary
The KBO register records for H.E.M. the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €48,762 and a net result of €32,011.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Site preparation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
€922,377▲ 6.5%
2020 · €865,947
EBIT margin
3.5%▲ 7.8pp
2020 · -4.3%
Net result
€32,011
2020 · -€36,622
Working capital
€71,969▲ 300%
2020 · €18,012
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€1.6m€865,947▼ 44.5%€922,377▲ 6.5%
Operating result€25,711-€36,309▲ 41.2%-€36,806€32,378
Net result€4,828-€34,642▲ 617%-€36,622€32,011
EBIT margin2.3%-4.3%▼ 6.6pp3.5%▲ 7.8pp
Equity€53,291-€87,933▲ 65.0%€51,310▼ 41.6%€48,762▼ 5.0%
Total assets€129,598-€567,313▲ 338%€565,686▼ 0.3%€386,511▼ 31.7%
Debt€76,308-€479,380▲ 528%€514,376▲ 7.3%€337,749▼ 34.3%
Working capital€37,581-€63,836▲ 69.9%€18,012▼ 71.8%€71,969▲ 300%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2019 Total assets +338% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €32,378 after a loss of €36,806 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €386,511
Fixed assets
€21,559 ▼ 35.3%
Current assets
€364,952 ▼ 31.5%
Equity and liabilities €386,511
Equity
€48,762 ▼ 5.0%
Debt
€337,749 ▼ 34.3%
Debt's share of the balance-sheet total falls from 90.9% to 87.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37,768
Cash flow
€37,401
Current ratio
1.25▲
2020 · 1.04
Debt to equity
6.93
ROE
65.6%▲
2020 · -71.4%
ROA
8.3%▲
2020 · -6.5%
Interest coverage
102.86
Debt ≤ 1 year
€292,983▼
2020 · €514,376
Staff costs
€11,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €1.6m | €865,947 | €922,377 | ▲ 6.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €871,690 | - |
| Remuneration, social security and pensions62 | - | - | - | €11,002 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,943 | €13,851 | - | €5,390 | - |
| Other operating charges640/8 | - | - | - | €1,918 | - |
| Gross operating margin9900 | €36,026 | €354,276 | €120,632 | €50,687 | ▼ 58.0% |
| Operating profit (loss)9901 | €25,711 | €36,309 | -€36,806 | €32,378 | ▲ 188% |
| Recurring financial income75 | €9 | - | - | - | - |
| Financial charges65/66B | - | - | - | €367 | - |
| Recurring financial charges65 | €2,996 | €1,667 | €3,879 | €367 | ▼ 90.5% |
| Profit (loss) for the period before taxes9903 | €22,724 | €34,642 | -€40,685 | €32,011 | ▲ 179% |
| Income taxes67/77 | €17,896 | - | -€4,063 | - | - |
| Profit (loss) for the period9904 | €4,828 | €34,642 | -€36,622 | €32,011 | ▲ 187% |
| Profit (loss) for the period to be appropriated9905 | €4,828 | €34,642 | -€36,622 | €32,011 | ▲ 187% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €129,598 | €567,313 | €565,686 | €386,511 | ▼ 31.7% |
| Fixed assets21/28 | €15,710 | €24,096 | €33,298 | €21,559 | ▼ 35.3% |
| Tangible fixed assets22/27 | €15,710 | €24,081 | €27,083 | €21,559 | ▼ 20.4% |
| Furniture and vehicles24 | - | - | - | €21,559 | - |
| Financial fixed assets28 | - | €15 | €6,215 | - | - |
| Current assets29/58 | €113,888 | €543,216 | €532,388 | €364,952 | ▼ 31.5% |
| Stocks and contracts in progress3 | €45,000 | €1,570 | €1,570 | - | - |
| Amounts receivable within one year40/41 | €33,688 | €374,036 | €229,808 | €358,915 | ▲ 56.2% |
| Trade receivables40 | - | - | - | €306,642 | - |
| Other amounts receivable41 | - | - | - | €52,273 | - |
| Cash at bank and in hand54/58 | €32,403 | €97,054 | €161,600 | €6,037 | ▼ 96.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €129,598 | €567,313 | €565,686 | €386,511 | ▼ 31.7% |
| Equity10/15 | €53,291 | €87,933 | €51,310 | €48,762 | ▼ 5.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | - | - |
| Reserves13 | €28,360 | €28,360 | €28,360 | - | - |
| Profit (loss) carried forward14 | €18,731 | €53,373 | €16,750 | €48,762 | ▲ 191% |
| Amounts payable17/49 | €76,308 | €479,380 | €514,376 | €337,749 | ▼ 34.3% |
| Amounts payable within one year42/48 | €76,308 | €479,380 | €514,376 | €292,983 | ▼ 43.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11,147 | - |
| Trade debts44 | €33,635 | €391,831 | €407,093 | €234,185 | ▼ 42.5% |
| Suppliers440/4 | - | - | - | €234,185 | - |
| Other amounts payable47/48 | - | - | - | €47,651 | - |
| Accrued charges and deferred income492/3 | - | - | - | €44,766 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,828 | €34,642 | -€36,622 | €32,011 | ▲ 187% |
| + Depreciation and write-downs630 | €8,943 | €13,851 | - | €5,390 | - |
| Operating cash flow (approximation) | €13,772 | €48,493 | -€36,622 | €37,401 | ▲ 202% |
| Investment in fixed assets (approximation) | - | -€22,237 | -€9,202 | €6,350 | ▲ 169% |
| Change in cash | - | €64,651 | €64,546 | -€155,563 | ▼ 341% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-07
KBO administration
Address struck
2023
21-03
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent · event 15-03-2023
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 142 days late
2021
31-12
Financial
Back to profitnet €32,011
Net result €32,011 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 413 days late
2020
31-12
Financial
Weakest financial yearnet -€36,622
Net result drops to -€36,622, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €34,642 ▲617%
Operating result €36,309, net result €34,642, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 51 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 209 days late
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 272 days late
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 122 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Sint-Niklaas · 1 establishment unit since 2014
Ground area
726 m²
Building footprint
135 m²
Volume, LiDAR
755 m³
2 parcels, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
h.e.m.
since 20142.225.861.869
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46445D1776/00R000 | Flanders | 581 m² | - | - |
| 46383D0867/00D000 | Flanders | 145 m² | 1 · 135 m² | 10.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 2,497 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
25530Machining of metals
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95316Washing and cleaning of motor vehicles
46180Agents specialised in the wholesale of other particular products
46713Wholesale trade
95314Bodywork repair (including spraying and painting)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.