HEATH
ActiveThe computed 12-month bankruptcy probability of HEATH is 3.4% (moderate). The annual accounts of HEATH for fiscal year 2024 show a net loss of 142% of total assets and of 73% of the equity at the start of that year. The 2024 annual accounts show equity of €1k and a net result of €-3k. Equity is shrinking by ~44.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 66% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency77▼-23
Growth32=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
54 d early
2022
41 d early
2021
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1k▼ 73.3%
2023 · €4k
2021: €8k
2022: €8k
2023: €4k
2021 → 2024
Total assets
€2k▼ 51.0%
2023 · €5k
2021: €15k
2022: €11k
2023: €5k
2021 → 2024
Net result
€-3k▲ 17.6%
2023 · €-4k
2021: €3k
2022: €465
2023: €-4k
2021 → 2024
Working capital
€2k▼ 66.0%
2023 · €4k
2021: €8k
2022: €8k
2023: €4k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€8k▲ 5.8%€4k▼ 47.1%€1k▼ 73.3%
Operating result€4k-€769▼ 80.7%€-4k€-3k▲ 24.6%
Net result€3k-€465▼ 84.6%€-4k€-3k▲ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €4k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2k
Equity
€1k▼ 73.3%
Debt
€1k▲ 392%
The debt ratio rises from 4.8% to 48.0%. Equity is lower and debt is higher.
Key figures and ratios
Debt
€1k▲
2023 · €225
Debt ≤ 1 year
€782▲
2023 · €225
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€2k▼
Current assets29/58€5k€2k▼
Stocks and contracts in progress3€1k€223▼
Stocks30/36€1k€223▼
Amounts receivable within one year40/41€395€29▼
Trade receivables40€145€0▼
Other amounts receivable41€250€29▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€5k€2k▼
Equity10/15€4k€1k▼
Contributions10/11€5k€5k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-512€-4k▼
Amounts payable17/49€225€1k▲
Amounts payable within one year42/48€225€782▲
Trade debts44€35€782▲
Suppliers440/4€35€782▲
Taxes, remuneration and social security45€190€0▼
Taxes450/3€190€0▼
Accrued charges and deferred income492/3-€327
Income statement
Code20232024
Other operating charges640/8€211€505▲
Gross operating margin9900€-4k€-3k▲
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B€307€0▼
Recurring financial income75€307€0▼
Financial charges65/66B€92€117▲
Recurring financial charges65€92€117▲
Profit (loss) for the period before taxes9903€-4k€-3k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-4k▲
Profit (loss) brought forward from the previous period14P-€-512
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-4k ▼959%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 20.92
Current ratio from 4.36 to 20.92; short-term debt falls from €3k to €225.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.36
Current ratio from 2.13 to 4.36; short-term debt falls from €7k to €3k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Stabroek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elzenlaan 232940 StabroekGround area
346 m²
Building footprint
73 m²
Volume, LiDAR
476 m³
Parcel 11020I0466/00X002, Flanders · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HEATH
since 20212.313.270.252
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11020I0466/00X002 | Flanders | 346 m² | 1 · 72 m² | 8.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
SEEMBLE
BE 0779.669.865
Ottignies-Louvain-la-Neuve · Eq €1k
ANTHRACIT
BE 0682.591.869
Mons · Eq €1k
LILIE NETWORK
BE 0765.558.246
Waremme · Eq €1k
IZINA
BE 0802.169.511
Vorst · Eq €1k
CHRONO THERM
BE 0881.026.650
Sint-Jans-Molenbeek · Eq €1k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2021
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
46425Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
47721Retail sale of footwear
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.