Payment terms
161 days from customers
Customers pay 127 days earlier.
HEAD START
Overview
Lifetime
2 annual accounts with figures on one time axis, 7 filings since 2003peak €263,555 (2009)
€263,555▲ 4.5%
lowest -€557,329 (2008)
-€93,702▲ €463,627
peak €299,200 (2009)
€299,200▲ 222%
€138,089▼ 24.1%
peak 9.6 FTE (2008)
6.7 FTE▼ 30.2%
Owners2 names in the annual accounts
99.99%ANDHERS and 1 other
Documentsfilings and deeds
31-05-2010filed
2009financial year
Loss of €93,702Staff from 9.6 FTE to 6.7 FTEEquity from €92,902 to €299,200Debts from €181,886 to €138,089Cash from €27,549 to €61,546
Key points
from the 2009 annual accounts, the last ones filedLiquidity
4.54 was 1.73 in 2008
Short-term debts fell from €138,337 to €95,555.
Filings
7 annual accounts 1 late
The 2004 accounts came 22 days late. The other six were filed on time.
No score
Board and ownership
- NIKO GROUP N.V. consolidatesequity €417.4m (2025) · annual accounts 2009
Recent changes
Deed on the end
the last of 2 in the Belgian Official Gazette · Gazette deed
Incorporation
18 publications in the Belgian Official Gazette, the last on 23-06-2011 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 02-08-2002 · last publication under the heading End on 23-06-2011
- Activity
- No activity registered in the KBO
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2009
- €263,555▲ 4.5%
- €93,702▼ 83.2%
- €299,200▲ 222%
- €437,289▲ 59.1%
- 6.7 FTE▼ 30.2%
- Filing
- Filed on 31-05-2010
Insights on HEAD START
Inactive. The last annual accounts are for financial year 2009.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2009
full format, filed on 31-05-2010, 61 days before the deadline€263,555
▲ 4.5%
-€831,277
▼ €272,698
-€831,276
▼ €289,290
-€93,701
▲ €447,035
68.4%
▲ 34.6 percentage points
4.54
▲ 2.81
Money flows
turnover is 23.4% of income in 2009Balance sheet
balance sheet total €437,289 on 31-12-2009What the company ownsHow it is paid for
in euro
in euro
Staff
€50,534
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Training hours in 2009: 28. Agency workers: 0.1 on average.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2009 | 2008 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
437,289 | 274,788 | |
21/28 |
3,098 | 35,231 | |
21 |
- | 12,573 | |
22/27 |
- | 20,890 | |
24 |
- | 20,763 | |
26 |
- | 127 | |
28 |
3,098 | 1,768 | |
284/8 |
3,098 | 1,768 | |
285/8 |
3,098 | 1,768 | |
29/58 |
434,191 | 239,557 | |
40/41 |
116,190 | 199,216 | |
40 |
75,194 | 198,694 | |
41 |
40,996 | 522 | |
50/53 |
254,815 | 4,744 | |
51/53 |
254,815 | 4,744 | |
54/58 |
61,546 | 27,549 | |
490/1 |
1,640 | 8,048 | |
| Balance sheet: equity and liabilities | |||
10/49 |
437,289 | 274,788 | |
10/15 |
299,200 | 92,902 | |
10/11 |
1.6m | 1.3m | |
100 |
1.6m | 1.3m | |
14 |
-1.3m | -1.2m | |
17/49 |
138,089 | 181,886 | |
42/48 |
95,555 | 138,337 | |
44 |
82,669 | 41,290 | |
440/4 |
82,669 | 41,290 | |
45 |
11,406 | 97,047 | |
450/3 |
11,406 | 27,309 | |
454/9 |
- | 69,738 | |
47/48 |
1,480 | - | |
492/3 |
42,534 | 43,549 | |
| Income statement | |||
70/76A |
281,235 | 259,432 | |
70 |
263,555 | 252,186 | |
76A |
750,000 | - | |
60/66A |
1.1m | 818,011 | |
60 |
35,565 | 30,803 | |
600/8 |
35,565 | 30,803 | |
61 |
728,902 | 300,763 | |
62 |
338,580 | 468,389 | |
630 |
1 | 16,593 | |
640/8 |
9,464 | 1,463 | |
66A |
10,678 | - | |
9901 |
-831,277 | -558,579 | |
75/76B |
589 | 1,599 | |
75 |
589 | 1,599 | |
751 |
558 | 1,590 | |
752/9 |
31 | 9 | |
65/66B |
2,336 | 349 | |
65 |
2,336 | 349 | |
650 |
1,650 | - | |
652/9 |
686 | 349 | |
9903 |
-93,702 | -557,329 | |
9904 |
-93,702 | -557,329 | |
9905 |
-93,702 | -557,329 | |
| Appropriation of the result | |||
9906 |
-1.3m | -1.2m | |
| Social balance sheet | |||
9087 |
6.7 | 9.6 | |
Agency workers1501 |
0.1 | - | |
Hours worked1013 |
11,712 | 16,372 | |
| Document | |||
The accounts for 5 older financial years (2003-2007) were filed as documents without figures as data, scans for example.
Source: Annual accounts 2009 (PDF), filed on 31-05-2010.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | full format | 31-05-2010 | 2010-14700511 | |
| 31-12-2008 | full format | 09-06-2009 | 2009-21800113 | |
| 31-12-2007 | full format | 06-06-2008 | 2008-18100318 | |
| 31-12-2006 | full format | 04-06-2007 | 2007-17300156 | |
| 30-06-2005 | abbreviated format | 31-01-2006 | 2006-04003759 | |
| 30-06-2004 | abbreviated format | 22-02-2005 | 2005-05702821 | |
| 30-06-2003 | abbreviated format | 16-01-2004 | 2004-01702452 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2009 | 2008 |
|---|---|---|---|
| -831,276 | -541,986 | ||
| -93,701 | -540,736 | ||
| -32,132 | 21,562 | ||
| 33,997 | - | ||
| 338,636 | 101,220 | ||
| 68.4% | 33.8% | ||
| 4.54 | 1.73 | ||
| 0.46 | 1.96 | ||
| -31.3% | -599.9% | ||
| -21.4% | -202.8% | ||
| -503.80 | - | ||
| 104 days | 288 days | ||
| 39 days | 45 days |
EBIT margin. Not meaningful: turnover is only a small part of operating income.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on HEAD START
The operating result for 2009 is a loss of €831,277, larger than the loss of €558,579 in 2008.
Debt's share of the balance-sheet total falls from 66.2% to 31.6%. Equity is higher and debt is lower.
Board & ownership
Control
Consolidating parent
Equity €417.4m
Profit €34.7m in 2025 (profit €31.6m in 2024)
Source: parent in own accounts 2009
consolidates
This company
HEAD START
Equity €299,200
Loss €93,702 in 2009
Capital
- Capital
- €1,618,600
- Source
- 2009 annual accounts
Owners through the years
as the annual accounts name themOwners as a list
- ANDHERS
- NIKIM
Source: lists of holdings in the owners' accounts
Network & group
Parent
NIKO GROUP N.V.
0448.548.388 · equity €417.4m · profit €34.7m (2025)
Connections & network
The network starts from the shareholders of HEAD START. Every company they also own or run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
11 events since 2002Filings
Financial
End
20052010201520202025
2011
Deed on the end PDFthe last of 2 in the Belgian Official Gazette
2010
Annual accounts 2009 filed PDFfull format · 61 days before the deadline
2009
Liquidity more than doubled current ratio 4.54 The current ratio rises from 1.73 to 4.54. Short-term debt falls from €138,337 to €95,555.
Equity above €200,000 equity €299,200 ▲222% Equity rises from €92,902 to €299,200.
Annual accounts 2008 filed PDFfull format · 52 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 55 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 57 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format · on the deadline day
2005
Annual accounts 2004 filed PDFabbreviated format · 22 days late
2004
Annual accounts 2003 filed PDFabbreviated format · 15 days before the deadline
2002
Incorporation 18 publications in the Belgian Official Gazette, the last on 23-06-2011
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
HEAD START is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2009
- Last registered office
- Industriepark-West 40, 9100 Sint-Niklaasas published on 23 June 2011
- Legal form
- Public limited company
- First annual accounts
- financial year 2003