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HEARTKINETICS

Open bankruptcy
Public limited companyfounded 2019Rue Auguste Piccard 48, 6041 Charleroi, BelgiumKBO/BCE: BE 0728.461.387

A bankruptcy procedure is open for HEARTKINETICS according to publications in the Belgian State Gazette; curator: HERVE POLLET.

Summary

The 2022 annual accounts show equity of €1.8m and a net result of -€1.0m.

HEARTKINETICSOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Charleroi division
Declared bankrupt
26 February 2024
Supervising judge
Patrick Fautre
Official Gazette
01-03-2024 (pdf) ↗search the document for 2024/108561

Deadlines

Provisional date payments stopped
26 February 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 16 March 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 27 March 2024art. XX.104 and XX.155 CEL
First verification report
passed on 24 April 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 26 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Herve PolletRue T’Serclaes De Tilly 49, 6061 Montignies-Sur-Sambre- . Date provisoire de cessation de paiement : 26/02/2024h.pollet@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 28-06-2023, 33 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
33 d early
2021
68 d early
2020
13 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 29 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 June 2019, HEARTKINETICS was incorporated as a Public limited company.1 Total assets went from EUR 301,691 in 2020 to EUR 2.9 million in 2022.2 The company was declared bankrupt on 26 February 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022
  3. 3Belgian State Gazette, 01-03-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€1.8m▲ 24.8%
2021 · €1.4m
Total assets
€2.9m▲ 92.5%
2021 · €1.5m
Net result
-€1.0m▼ 755%
2021 · -€121,933
Working capital
€291,549▼ 72.5%
2021 · €1.1m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202020212022
Operating result-€35,545--€155,534▼ 338%-€1.1m▼ 585%
Net result-€2,497below the sector's middle half--€121,933below the sector's middle half▼ 4,782%-€1.0mbelow the sector's middle half▼ 755%
Equity€248,819within the sector's middle half-€1.4mabove the sector's middle half▲ 474%€1.8mabove the sector's middle half▲ 24.8%
Total assets€301,691within the sector's middle half-€1.5mabove the sector's middle half▲ 400%€2.9mabove the sector's middle half▲ 92.5%
Debt€44,871-€71,191▲ 58.7%€1.1m▲ 1,464%
Working capital€62,936within the sector's middle half-€1.1mabove the sector's middle half▲ 1,588%€291,549above the sector's middle half▼ 72.5%
Solvency82.5%above the sector's middle half-94.8%above the sector's middle half▲ 12.3pp61.4%within the sector's middle half▼ 33.3pp
Current ratio2.41within the sector's middle half-15.92above the sector's middle half▲ 13.511.34within the sector's middle half▼ 14.57
Return on assets (ROA)-0.8%below the sector's middle half--8.1%below the sector's middle half▼ 7.3pp-35.9%below the sector's middle half▼ 27.8pp
Staff (FTE)1.58.7▲ 480%
above within below the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2020: -€35,545-€35,545Net result 2020: -€2,497-€2,497Operating result 2021: -€155,534-€155,534Net result 2021: -€121,933-€121,933Operating result 2022: -€1.1m-€1.1mNet result 2022: -€1.0m-€1.0m202020212022-€1.5m-€1m-€500,000€0Operating result 2020: -€35,545-€35,500Net result 2020: -€2,497-€2,500Operating result 2021: -€155,534-€156,000Net result 2021: -€121,933-€122,000Operating result 2022: -€1.1m-€1.1mNet result 2022: -€1.0m-€1m202020212022
The operating result stays negative: a loss of €1.1m in 2022 against €155,534 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.9m
Fixed assets €1.8m ▲ 371%
Current assets €1.1m ▲ 0.3%
Equity and liabilities €2.9m
Equity €1.8m ▲ 24.8%
Provisions €8,000 =
Debt €1.1m ▲ 1,464%
Debt's share of the balance-sheet total rises from 4.7% to 38.3%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€1.0m▼
2021 · -€90,249
Cash flow
-€1.0m▼
2021 · -€56,648
Debt to equity
0.62▲
2021 · 0.05
ROE
-58.4%▼
2021 · -8.5%
Interest coverage
-83.58▼
2021 · -42.41
Debt ≤ 1 year
€845,269▲
2021 · €71,191
Debt > 1 year
€267,857▲
2021 · €0
Staff costs
€564,943▲
2021 · €85,355
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 57 lines
Balance sheet Code20212022
Assets
Total assets20/58€1.5m€2.9m▲
Formation expenses20€0€881▲
Fixed assets21/28€375,251€1.8m▲
Intangible fixed assets21€355,171€1.7m▲
Tangible fixed assets22/27€15,471€93,884▲
Plant, machinery and equipment23€6,190€9,858▲
Furniture and vehicles24€9,281€65,843▲
Other tangible fixed assets26-€18,182
Financial fixed assets28€4,609€7,034▲
Current assets29/58€1.1m€1.1m▲
Amounts receivable within one year40/41€158,387€579,124▲
Trade receivables40€10,555€13,397▲
Other amounts receivable41€147,832€565,726▲
Cash at bank and in hand54/58€968,883€552,961▼
Deferred charges and accrued income490/1€6,026€4,733▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€2.9m▲
Equity10/15€1.4m€1.8m▲
Contributions10/11€1.5m€1.5m=
Capital10€1.5m€1.5m=
Issued capital100€1.5m€1.5m=
Outside capital11€0-
Other1109/19€0-
Profit (loss) carried forward14-€124,431-€1.2m▼
Investment grants15€101,587€1.5m▲
Provisions and deferred taxes16€8,000€8,000=
Deferred taxes168€8,000€8,000=
Amounts payable17/49€71,191€1.1m▲
Amounts payable after more than one year17€0€267,857▲
Financial debts170/4€0€267,857▲
Amounts payable within one year42/48€71,191€845,269▲
Current portion of amounts payable after more than one year42€0€482,143▲
Financial debts43-€6,121
Credit institutions430/8-€6,121
Trade debts44€49,492€162,418▲
Suppliers440/4€49,492€162,418▲
Taxes, remuneration and social security45€11,610€148,788▲
Taxes450/3€330€37,790▲
Remuneration and social security454/9€11,280€110,999▲
Other amounts payable47/48€10,089€45,800▲
Accrued charges and deferred income492/3€0-
Income statement Code20212022
Non-recurring operating income76A-€57,621
Goods, raw materials, services and sundry goods60/61€118,617-
Remuneration, social security and pensions62€85,355€564,943▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,286€36,295▼
Other operating charges640/8€498€602▲
Gross operating margin9900-€4,396-€463,720▼
Operating profit (loss)9901-€155,534-€1.1m▼
Financial income75/76B€33,229€35,522▲
Recurring financial income75€33,229€35,522▲
Financial charges65/66B€2,128€12,314▲
Recurring financial charges65€2,128€12,314▲
Profit (loss) for the period before taxes9903-€124,433-€1.0m▼
Transfer from deferred taxes780€2,500€0▼
Profit (loss) for the period9904-€121,933-€1.0m▼
Profit (loss) for the period to be appropriated9905-€121,933-€1.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€124,431-€1.2m▼
Profit (loss) brought forward from the previous period14P-€2,497-€124,431▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Non-recurring operating income76A--€57,621-
Goods, raw materials, services and sundry goods60/61-€118,617--
Remuneration, social security and pensions62-€85,355€564,943▲ 562%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,664€65,286€36,295▼ 44.4%
Other operating charges640/8-€498€602▲ 21.0%
Gross operating margin9900-€21,185-€4,396-€463,720▼ 10,449%
Operating profit (loss)9901-€35,545-€155,534-€1.1m▼ 585%
Financial income75/76B-€33,229€35,522▲ 6.9%
Recurring financial income75€31,329€33,229€35,522▲ 6.9%
Financial charges65/66B-€2,128€12,314▲ 479%
Recurring financial charges65€282€2,128€12,314▲ 479%
Profit (loss) for the period before taxes9903-€4,497-€124,433-€1.0m▼ 738%
Transfer from deferred taxes780-€2,500€0▼ 100%
Profit (loss) for the period9904-€2,497-€121,933-€1.0m▼ 755%
Profit (loss) for the period to be appropriated9905-€2,497-€121,933-€1.0m▼ 755%
Line202020212022Change
Assets
Total assets20/58€301,691€1.5m€2.9m▲ 92.5%
Formation expenses20€0€0€881-
Fixed assets21/28€194,117€375,251€1.8m▲ 371%
Intangible fixed assets21€181,399€355,171€1.7m▲ 369%
Tangible fixed assets22/27€12,718€15,471€93,884▲ 507%
Plant, machinery and equipment23-€6,190€9,858▲ 59.3%
Furniture and vehicles24-€9,281€65,843▲ 609%
Other tangible fixed assets26--€18,182-
Financial fixed assets28-€4,609€7,034▲ 52.6%
Current assets29/58€107,574€1.1m€1.1m▲ 0.3%
Amounts receivable within one year40/41€36,153€158,387€579,124▲ 266%
Trade receivables40-€10,555€13,397▲ 26.9%
Other amounts receivable41-€147,832€565,726▲ 283%
Cash at bank and in hand54/58€71,062€968,883€552,961▼ 42.9%
Deferred charges and accrued income490/1-€6,026€4,733▼ 21.5%
Equity and liabilities
Total equity and liabilities10/49€301,691€1.5m€2.9m▲ 92.5%
Equity10/15€248,819€1.4m€1.8m▲ 24.8%
Contributions10/11-€1.5m€1.5m=
Capital10-€1.5m€1.5m=
Issued capital100-€1.5m€1.5m=
Outside capital11-€0--
Other1109/19-€0--
Profit (loss) carried forward14-€2,497-€124,431-€1.2m▼ 838%
Investment grants15-€101,587€1.5m▲ 1,375%
Provisions and deferred taxes16€8,000€8,000€8,000=
Deferred taxes168-€8,000€8,000=
Amounts payable17/49€44,871€71,191€1.1m▲ 1,464%
Amounts payable after more than one year17-€0€267,857-
Financial debts170/4-€0€267,857-
Amounts payable within one year42/48€44,638€71,191€845,269▲ 1,087%
Current portion of amounts payable after more than one year42-€0€482,143-
Financial debts43--€6,121-
Credit institutions430/8--€6,121-
Trade debts44€24,414€49,492€162,418▲ 228%
Suppliers440/4-€49,492€162,418▲ 228%
Taxes, remuneration and social security45-€11,610€148,788▲ 1,182%
Taxes450/3-€330€37,790▲ 11,349%
Remuneration and social security454/9-€11,280€110,999▲ 884%
Other amounts payable47/48-€10,089€45,800▲ 354%
Accrued charges and deferred income492/3-€0--
Line202020212022Change
Profit (loss) for the period9904-€2,497-€121,933-€1.0m▼ 755%
+ Depreciation and write-downs630€13,664€65,286€36,295▼ 44.4%
Operating cash flow (approximation)€11,167-€56,648-€1.0m▼ 1,676%
Investment in fixed assets (approximation)--€246,420-€1.4m▼ 479%
Change in cash-€897,821-€415,921▼ 146%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
01-03
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 26-02-2024
2023
28-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series.
24-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity times 7current ratio 15.92
Current ratio from 2.41 to 15.92.
31-12
Financial Equity above €1mEq €1.4m ▲474%
Equity rises from €248,819 to €1.4m.
13-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Charleroi · 2 establishment units since 2019
seat establishment approximate All 2 establishment units on the map
Ground area
2.1 ha
Building footprint
3,158 m²
Volume, LiDAR
54,688 m³
3 parcels, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Avenue du Château Jaco 1, 1410 Waterloo
Scientific research and development
since 20192.291.687.257
HEARTKINETICS
Scientific research and development
since 20212.329.112.926
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25763M0621/00F000indicative Wallonia 1.0 ha 1 · 1,772 m² 22.9 m · 6 fl.
52028B0323/00M003 Wallonia 8,679 m² 1 · 791 m² 18.8 m · 5 fl.
25110B0610/00F000 Wallonia 1,823 m² 1 · 594 m² 16.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator HERVE POLLET
RUE T’SERCLAES DE TILLY 49, 6061 MONTIGNIES-SUR-SAMBRE- . Date provisoire de cessation de paiement : 26/02/2024
26-02-2024 → present

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

European Union, budget

2023 · 2 entries · 118,151 EUR in total
Year Entries awarded
2023 2 118,151 EUR
Projects
ASSESS-DHT - ASSESS-DHT: DEVELOPMENT AND HARMONISATION OF METHODOLOGIES FOR ASSESSING DIGITAL HEALTH TECHNOLOGIES IN EUROPE
Horizon Europe · 01-01-2024 to 31-12-2026 · 118,151 EUR

European research

1 project
Programmes
Projects
ASSESS-DHT: DEVELOPMENT AND HARMONISATION OF METHODOLOGIES FOR ASSESSING DIGITAL HEALTH TECHNOLOGIES IN EUROPE
Horizon Europe · participant · 01-01-2024 to 31-12-2026 · ASSESS-DHT

Similar companies · same sector, comparable size

Of 426 companies in sector 72200 we hold annual accounts for 146. 79 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
72200Scientific research and development
58290Other software publishing
62900Other information technology and computer services
Contact
E-mail administrateur@heartkinetics.com
E-mail pierre-francois@heartkinetics.com
Phone 0486308721
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 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.