Financials
- Fiscal year
- 2024
- Turnover
- €489,102
- Profit
- €426
- Solvency
- -2.0%
Turnover▲ 46.3%
Net result
20222024
HEAMARKET
ActiveSummary
The computed 12-month bankruptcy probability of HEAMARKET is 9.4% (elevated). The 2024 annual accounts show negative equity (-€9,714) and a net result of €426. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 26069 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110NACE 47112NACE 47113
2 sites
Size
€489,102turnover 2024
- Equity
- -€9,714
- Profit
- €426
Structure
- Board
- 1 member
Accounts 65 d overdue1 of 2 deeds read
Why 32- 1 financial year not filed after the legal deadline; latest accounts 238 days late; 3 of the last 3 late- Figures for FY 2024 (filed 26-03-2026)- 2 establishment units- Founded in 2021Show the evidence
Checked score
Score 2024
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 29% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
23+3
equity -2.0% of total assets
Liquidity
1=
short-term debt 102.0% · cash 0.5%
Profitability
31-4
return on assets 0.1%
Bankruptcy probability, 12 months
9.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 10.6%
12-2024: 12.1%▲ +13.9% vs 11-2024
01-2025: 14.8%▲ +22.4% vs 12-2024
02-2025: 14.8%● 0.0% vs 01-2025
03-2025: 14.8%● 0.0% vs 02-2025
04-2025: 13.9%▼ -6.5% vs 03-2025
05-2025: 13.7%▼ -1.0% vs 04-2025
06-2025: 13.5%▼ -1.3% vs 05-2025
07-2025: 13.5%● 0.0% vs 06-2025
08-2025: 15.7%▲ +16.3% vs 07-2025
09-2025: 15.7%▼ -0.2% vs 08-2025
10-2025: 15.7%● 0.0% vs 09-2025
11-2025: 15.7%● 0.0% vs 10-2025
12-2025: 15.7%● 0.0% vs 11-2025
01-2026: 15.7%● 0.0% vs 12-2025
02-2026: 16.4%▲ +4.4% vs 01-2026highest value
03-2026: 16.4%● 0.0% vs 02-2026highest value
04-2026: 7.1%▼ -56.6% vs 03-2026
05-2026: 7.1%● 0.0% vs 04-2026
06-2026: 6.9%▼ -3.3% vs 05-2026lowest value
07-2026: 6.9%▲ +0.1% vs 06-2026
08-2026: 7.5%▲ +8.8% vs 07-2026
09-2026: 7.8%▲ +4.5% vs 08-2026
10-2026: 9.4%▲ +20.6% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 238 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 26-03-2026) raises the probability
- 2 establishment units raises the probability
- Founded in 2021 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.89 against 0.95 in 2023; short-term debt: 102% and cash: 0.5% 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 47, micro). Better than this share of them on solvency 18%, liquidity 3%, profitability 25%, 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 03-10-2026. 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.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 26069 sector peers (2024).
NBB · sector comparisonPosition among 26069 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-03-2026, 238 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
238 d late
2023
600 d late
2022
151 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 330 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Resignation: Alali Hasan (director)Appointment: Ahmad Hashem (director) ·…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€9,714 View
- Caution: Among the weakest 18% on equitysector median €38,697 · 26,129 companies -€9,714 View
- Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
- Caution: Board changedlatest change 03-06-2026 · 1 in office 1 joined · 1 left View
- Positive: Turnover rose in 2024from €334,312 to €489,102 ▲ 46.3% View
By topic
Board & ownership
- Board
- 1 member
Go to Board & ownership
Timeline
- Events
- 5
- Since
- 2023
- 03-06-2026Resignation: Alali Hasan (director)
- 26-03-2026Annual accounts filed
- 23-03-2026Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 17-09-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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