HEB
ActiveSummary
HEB has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€111,093. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 46% of 922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
#1 company by total assets in Sint-Martens-Latem, Accommodation and food service sector18 sites
Size
€14.4mturnover 2025
- Staff
- 94 FTE
- Equity
- €1.7m
- Loss
- -€111,093
Structure
- Largest shareholder
- L&J Invest · 22.01%
- Board
- 2 members
- Holdings
- 1
Accounts 72 d early1 of 13 deeds read
Why 81- Sector Food and beverage service activities (NACE 56)- Loss of €111,093 (FY 2025)+ Founded in 2015+ Figures for FY 2025 (filed 20-05-2026)Show the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Better than 40% of its sector peers (NACE 56, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
51+2
equity 26.2% of total assets
Liquidity
39-1
short-term debt 50.1% · cash 11.1%
Profitability
63-10
return on assets -1.7%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.0%
12-2024: 2.0%● 0.0% vs 11-2024
01-2025: 2.0%● 0.0% vs 12-2024
02-2025: 1.9%▼ -3.0% vs 01-2025
03-2025: 1.8%▼ -2.4% vs 02-2025
04-2025: 2.0%▲ +5.9% vs 03-2025
05-2025: 2.4%▲ +20.3% vs 04-2025
06-2025: 2.5%▲ +5.1% vs 05-2025
07-2025: 2.7%▲ +7.5% vs 06-2025highest value
08-2025: 0.8%▼ -68.2% vs 07-2025
09-2025: 0.8%● 0.0% vs 08-2025
10-2025: 0.8%● 0.0% vs 09-2025
11-2025: 0.8%● 0.0% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.9%▲ +1.3% vs 12-2025
02-2026: 0.8%▼ -3.4% vs 01-2026
03-2026: 0.8%▼ -2.4% vs 02-2026
04-2026: 0.9%▲ +6.7% vs 03-2026
05-2026: 1.1%▲ +21.9% vs 04-2026
06-2026: 0.5%▼ -54.2% vs 05-2026lowest value
07-2026: 0.5%● 0.0% vs 06-2026lowest value
08-2026: 0.5%● 0.0% vs 07-2026lowest value
09-2026: 0.5%● 0.0% vs 08-2026lowest value
10-2026: 0.5%● 0.0% vs 09-2026lowest value
- Sector Food and beverage service activities (NACE 56) raises the probability
- Founded in 2015 lowers the probability for this profile
- Loss of €111,093 (FY 2025) raises the probability
- Figures for FY 2025 (filed 20-05-2026) lowers the probability
Credit up to €130,000 at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.76 in 2024; short-term debt: 50.1% and cash: 11.1% of total assets), and 73.8% of the assets are financed with debt.
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 56, medium-sized). Better than this share of them on solvency 51%, liquidity 45%, profitability 45%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
9 d early
2023
128 d early
2022
106 d late
2021
85 d late
2020
74 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 July (4 of the last 5 filed years within 115 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignations: L&J – LABEL BV, BONAY…Appointments: HARVEST HOSPITALITY BV (director)…
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Sint-Martens-Latem, Accommodation and food service sector#1 company by equity in Sint-Martens-Latem, Accommodation and food service sector#3 employer in East Flanders, Food and beverage service sector
Turnover
€14.4m▼ 4.5%
2024 · €15.1m
EBIT margin
1.6%▼ 2.7pp
2024 · 4.4%
Net result
-€111,093
2024 · €439,862
Working capital
-€921,329▼ 11.6%
2024 · -€825,804
Trend over the years
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result falls in 2025; 2025 is 64% below 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
Turnover€14.4m
2025
Operating result€0.2m
2025
Net result-€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€6.4m
2025
Equity€1.7m
2025
Debt€4.7m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin1.6%
2025
Return on assets (ROA)-1.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency26.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.71
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)94
2025
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€11.0m€15.7m▲ 43.1%€16.6m▲ 5.9%€15.1m▼ 9.6%€14.4m▼ 4.5%
Operating result€0.3m-€0.6m▲ 107%-€0.7m-€0.9m▼ 26.0%-€0.9m▲ 4.5%€0.1m€0.7m▲ 564%€0.2m▼ 64.3%
Net result€0.2m-€0.5m▲ 122%-€0.8mbelow the sector's middle half-€1.0mbelow the sector's middle half▼ 24.6%-€1.0mbelow the sector's middle half▼ 5.1%€0.02mwithin the sector's middle half€0.4mabove the sector's middle half▲ 2,553%-€0.1mbelow the sector's middle half
EBIT margin-8.1%-5.4%▲ 2.7pp0.6%▲ 6.0pp4.4%▲ 3.8pp1.6%▼ 2.7pp
Equity€1.6m-€2.1m▲ 32.6%€3.3mabove the sector's middle half▲ 59.6%€2.3mabove the sector's middle half▼ 28.6%€1.3mabove the sector's middle half▼ 43.9%€1.4mabove the sector's middle half▲ 4.5%€1.8mabove the sector's middle half▲ 31.1%€1.7mabove the sector's middle half▼ 6.8%
Total assets€3.2m-€4.7m▲ 44.4%€7.9mabove the sector's middle half▲ 68.9%€9.2mabove the sector's middle half▲ 17.0%€8.5mabove the sector's middle half▼ 8.5%€8.2mabove the sector's middle half▼ 3.1%€7.4mabove the sector's middle half▼ 9.9%€6.4mabove the sector's middle half▼ 13.4%
Debt€1.7m-€2.6m▲ 55.3%€4.6m▲ 76.1%€6.9m▲ 49.5%€7.1m▲ 3.6%€6.8m▼ 4.4%€5.6m▼ 18.1%€4.7m▼ 15.5%
Working capital€0.4m-€0.6m▲ 62.1%€2.6mabove the sector's middle half▲ 319%€1.2mabove the sector's middle half▼ 54.7%-€1.4mbelow the sector's middle half-€1.1mbelow the sector's middle half▲ 21.0%-€0.8mbelow the sector's middle half▲ 27.7%-€0.9mbelow the sector's middle half▼ 11.6%
Solvency47.9%-44.0%▼ 3.9pp41.6%within the sector's middle half▼ 2.4pp25.4%within the sector's middle half▼ 16.2pp15.6%within the sector's middle half▼ 9.8pp16.8%within the sector's middle half▲ 1.2pp24.4%within the sector's middle half▲ 7.6pp26.2%within the sector's middle half▲ 1.9pp
Current ratio1.66-1.76▲ 0.103.09above the sector's middle half▲ 1.321.48within the sector's middle half▼ 1.610.66within the sector's middle half▼ 0.820.68within the sector's middle half▲ 0.030.76within the sector's middle half▲ 0.080.71within the sector's middle half▼ 0.05
Return on assets (ROA)6.5%-10.0%▲ 3.5pp-9.9%below the sector's middle half▼ 19.8pp-10.5%below the sector's middle half▼ 0.6pp-12.0%below the sector's middle half▼ 1.6pp0.2%within the sector's middle half▲ 12.2pp6.0%within the sector's middle half▲ 5.8pp-1.7%within the sector's middle half▼ 7.7pp
Staff (FTE)39.8-65.2▲ 63.8%64.3above the sector's middle half▼ 1.4%92.3above the sector's middle half▲ 43.5%122.2above the sector's middle half▲ 32.4%119.7above the sector's middle half▼ 2.0%92.4above the sector's middle half▼ 22.8%94above the sector's middle half▲ 1.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.4m
Fixed assets
€4.1m ▼ 13.1%
Current assets
€2.3m ▼ 14.1%
Equity and liabilities €6.4m
Equity
€1.7m ▼ 6.8%
Debt
€4.7m ▼ 15.5%
Debt's share of the balance-sheet total falls from 75.6% to 73.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.3m▼
2024 · €1.8m
Cash flow
€994,886▼
2024 · €1.5m
Quick ratio
0.64▼
2024 · 0.70
Debt to equity
2.81▼
2024 · 3.10
ROE
-6.6%▼
2024 · 24.4%
Interest coverage
16.58▲
2024 · 15.77
Debt ≤ 1 year
€3.2m▼
2024 · €3.5m
Debt > 1 year
€1.4m▼
2024 · €1.9m
Income taxes
€56▼
2024 · €113
Staff costs
€4.4m▲
2024 · €4.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 120 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 95% are still going.
- Medium-sized
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
0%
went bankrupt
5.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 120 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €11.5m | €15.9m | €17.1m | €15.5m | €14.6m | ▼ 6.0% |
| Turnover70 | - | - | - | €11.0m | €15.7m | €16.6m | €15.1m | €14.4m | ▼ 4.5% |
| Other operating income74 | - | - | - | €0.5m | €0.2m | €0.4m | €0.4m | €0.2m | ▼ 56.8% |
| Non-recurring operating income76A | - | - | - | - | €0.002m | €0.001m | €0.02m | €154 | ▼ 99.2% |
| Operating charges60/66A | - | - | - | €12.4m | €16.8m | €17.0m | €14.8m | €14.3m | ▼ 3.4% |
| Goods for resale, raw materials and consumables60 | - | - | - | €2.8m | €4.0m | €4.3m | €3.9m | €3.7m | ▼ 4.6% |
| Purchases600/8 | - | - | - | €2.9m | €4.0m | €4.3m | €3.9m | €3.7m | ▼ 4.8% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.09m | -€0.03m | €0.03m | -€0.02m | -€0.01m | ▲ 47.2% |
| Services and other goods61 | - | - | - | €4.5m | €6.1m | €5.5m | €5.6m | €5.0m | ▼ 9.5% |
| Remuneration, social security and pensions62 | - | - | - | €4.1m | €5.6m | €5.9m | €4.1m | €4.4m | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.5m | €0.5m | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.002m | €0 | - | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.1m | €0.09m | €0.1m | €0.1m | ▼ 12.4% |
| Non-recurring operating charges66A | - | - | - | €0.2m | - | €0.04m | €0.09m | €0 | ▼ 100% |
| Gross operating margin9900 | €2.3m | €3.8m | €2.5m | - | - | - | - | - | - |
| Operating profit (loss)9901 | €0.3m | €0.6m | -€0.7m | -€0.9m | -€0.9m | €0.1m | €0.7m | €0.2m | ▼ 64.3% |
| Financial income75/76B | - | - | - | €0.1m | €0.06m | €0.07m | €0.1m | €0.2m | ▲ 18.4% |
| Recurring financial income75 | €0.005m | €0.02m | €0.07m | €0.1m | €0.06m | €0.07m | €0.1m | €0.2m | ▲ 18.4% |
| Income from financial fixed assets750 | - | - | - | €0.04m | €0.04m | €0.05m | €0.05m | €0.05m | ▼ 1.0% |
| Income from current assets751 | - | - | - | - | - | - | €442 | €0.005m | ▲ 941% |
| Other financial income752/9 | - | - | - | €0.06m | €0.02m | €0.02m | €0.08m | €0.1m | ▲ 25.4% |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.1m | €0.3m | €0.5m | ▲ 44.4% |
| Recurring financial charges65 | €0.06m | €0.09m | €0.1m | €0.1m | €0.2m | €0.1m | €0.3m | €0.5m | ▲ 44.4% |
| Debt charges650 | - | - | - | €0.07m | €0.08m | €0.07m | €0.1m | €0.08m | ▼ 27.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | - | - | - | - | €0.3m | - |
| Other financial charges652/9 | - | - | - | €0.06m | €0.1m | €0.07m | €0.2m | €0.1m | ▼ 45.0% |
| Non-recurring financial charges66B | - | - | - | €0.03m | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.5m | -€0.8m | -€1.0m | -€1.0m | €0.02m | €0.4m | -€0.1m | ▼ 125% |
| Income taxes67/77 | €418 | €0.02m | €0.001m | €0.002m | €0.009m | €0.004m | €113 | €56 | ▼ 50.8% |
| Taxes670/3 | - | - | - | €0.002m | €0.009m | €0.004m | €113 | €56 | ▼ 50.8% |
| Profit (loss) for the period9904 | €0.2m | €0.5m | -€0.8m | -€1.0m | -€1.0m | €0.02m | €0.4m | -€0.1m | ▼ 125% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.5m | -€0.8m | -€1.0m | -€1.0m | €0.02m | €0.4m | -€0.1m | ▼ 125% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.2m | €4.7m | €7.9m | €9.2m | €8.5m | €8.2m | €7.4m | €6.4m | ▼ 13.4% |
| Fixed assets21/28 | €2.3m | €3.2m | €4.0m | €5.5m | €5.7m | €5.7m | €4.7m | €4.1m | ▼ 13.1% |
| Intangible fixed assets21 | €0.8m | €1.1m | €1.0m | €0.8m | €0.6m | €0.5m | €0.3m | €0.2m | ▼ 40.1% |
| Tangible fixed assets22/27 | €1.4m | €2.0m | €2.9m | €4.7m | €4.9m | €5.1m | €4.3m | €3.8m | ▼ 11.3% |
| Plant, machinery and equipment23 | - | - | - | €1.9m | €2.1m | €2.1m | €1.8m | €1.8m | ▼ 2.2% |
| Furniture and vehicles24 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 19.3% |
| Other tangible fixed assets26 | - | - | - | €2.4m | €2.5m | €2.7m | €2.3m | €1.9m | ▼ 17.8% |
| Financial fixed assets28 | €0.04m | €0.1m | €0.2m | €0.07m | €0.07m | €0.07m | €0.08m | €0.08m | = |
| Affiliated companies280/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Participating interests280 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Other financial fixed assets284/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | = |
| Current assets29/58 | €1.0m | €1.5m | €3.9m | €3.7m | €2.8m | €2.5m | €2.7m | €2.3m | ▼ 14.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Other amounts receivable291 | - | - | - | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Stocks and contracts in progress3 | €0.06m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.6% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.6% |
| Raw materials and consumables30/31 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 4.6% |
| Amounts receivable within one year40/41 | €0.6m | €0.1m | €0.6m | €0.5m | €0.5m | €0.7m | €0.7m | €0.4m | ▼ 41.3% |
| Trade receivables40 | - | - | - | €0.04m | €0.06m | €0.2m | €0.2m | €0.4m | ▲ 122% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.03m | ▼ 95.3% |
| Cash at bank and in hand54/58 | €0.3m | €1.2m | €1.8m | €2.2m | €1.2m | €0.7m | €0.8m | €0.7m | ▼ 7.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 15.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.2m | €4.7m | €7.9m | €9.2m | €8.5m | €8.2m | €7.4m | €6.4m | ▼ 13.4% |
| Equity10/15 | €1.6m | €2.1m | €3.3m | €2.3m | €1.3m | €1.4m | €1.8m | €1.7m | ▼ 6.8% |
| Contributions10/11 | €1.7m | €1.7m | - | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | = |
| Reserves13 | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves not available under the articles1311 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | -€0.2m | €0.08m | -€0.7m | -€1.7m | -€2.7m | -€2.7m | -€2.2m | -€2.3m | ▼ 5.0% |
| Investment grants15 | - | - | - | €0.06m | €0.05m | €0.09m | €0.08m | €0.07m | ▼ 15.3% |
| Amounts payable17/49 | €1.7m | €2.6m | €4.6m | €6.9m | €7.1m | €6.8m | €5.6m | €4.7m | ▼ 15.5% |
| Amounts payable after more than one year17 | €1.1m | €1.8m | €3.3m | €4.2m | €2.5m | €3.0m | €1.9m | €1.4m | ▼ 28.4% |
| Financial debts170/4 | - | - | - | €4.2m | €2.5m | €3.0m | €1.9m | €1.4m | ▼ 28.4% |
| Subordinated loans170 | - | - | - | - | - | - | €0.3m | €0.4m | ▲ 5.0% |
| Credit institutions173 | - | - | - | €4.2m | €2.5m | €1.2m | €0.2m | €0.2m | ▲ 27.6% |
| Other loans174 | - | - | - | - | - | €1.8m | €1.4m | €0.8m | ▼ 43.3% |
| Amounts payable within one year42/48 | €0.6m | €0.8m | €1.3m | €2.5m | €4.2m | €3.6m | €3.5m | €3.2m | ▼ 8.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.6m | €1.6m | €1.5m | €1.8m | €0.8m | ▼ 53.8% |
| Trade debts44 | €0.2m | €0.4m | €0.7m | €1.4m | €1.9m | €1.5m | €1.2m | €1.6m | ▲ 33.7% |
| Suppliers440/4 | - | - | - | €1.4m | €1.9m | €1.5m | €1.2m | €1.6m | ▲ 33.7% |
| Advances received on contracts in progress46 | - | - | - | €0.01m | €0.03m | €0.04m | €0.03m | €0.03m | ▼ 5.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.6m | €0.6m | €0.3m | €0.5m | ▲ 43.4% |
| Taxes450/3 | - | - | - | €0.04m | €0.09m | €0.1m | €0.08m | €0.1m | ▲ 32.2% |
| Remuneration and social security454/9 | - | - | - | €0.5m | €0.5m | €0.4m | €0.3m | €0.4m | ▲ 47.0% |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.2m | €0.3m | ▲ 86.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | €0.4m | €0.2m | €0.2m | €0.2m | ▼ 25.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.5m | -€0.8m | -€1.0m | -€1.0m | €0.02m | €0.4m | -€0.1m | ▼ 125% |
| + Depreciation and write-downs630 | €0.3m | €0.5m | €0.5m | €0.7m | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 0.2% |
| Operating cash flow (approximation) | €0.5m | €0.9m | -€0.2m | -€0.2m | -€0.03m | €1.1m | €1.5m | €1.0m | ▼ 35.6% |
| Investment in fixed assets (approximation) | - | -€1.4m | -€1.3m | -€2.3m | -€1.1m | -€1.1m | -€0.1m | -€0.5m | ▼ 333% |
| Change in cash | - | €0.9m | €0.6m | €0.4m | -€1.0m | -€0.5m | €0.06m | -€0.05m | ▼ 194% |
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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Of 20,515 companies in this sector we hold annual accounts for 11,648. 2,730 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €1,392 awarded · €7,492 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €0 | €7,492 |
| 2022 | 1 | €1,392 | €0 |
Directors
Directors
2 directors, last change in 2026
Board 2
Harvest Hospitality
CurrentDirector · since 26-06-2026 · Private limited company · perm. rep.: Pieter VANERMEN
FohBoh
CurrentDirector · since 09-07-2026 · Private limited company (pre-2019) · perm. rep.: Eva URLINGS
Permanent representatives 2
Pieter VANERMEN
CurrentPermanent representative · since 26-06-2026 · for Harvest Hospitality
Eva URLINGS
CurrentPermanent representative · since 09-07-2026 · for FohBoh
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
12 of this company's 13 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
4 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Harvest Hospitality |
|
| FohBoh |
|
| BONAY |
|
| L&J - label |
|
Owners and capital
Owners
2 ownersOwners 2
-
22.01%
-
15.99%
According to the 2025 annual accounts of HEB and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. 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.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of HEB and those of the other companies, the acts in the Belgian Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Companies Code and the parent companies that consolidate it. 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
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Frans & Bertha
Shared corporate director
→
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Resignations: L&J – LABEL BV, BONAY BV and FOHBOH BVAppointments: HARVEST HOSPITALITY BV (director) and FOHBOH BV (director) · Permanent representatives: Jan RUYSSCHAERT, Bernard ROSSEL and 2 others · Director discharge21 facts ▸
State Gazette act
Resignations: L&J – LABEL BV, BONAY BV and FOHBOH BV
Appointments: HARVEST HOSPITALITY BV (director) and FOHBOH BV (director) · Permanent representatives: Jan RUYSSCHAERT, Bernard ROSSEL and 2 others · Director discharge21 facts ▸
- General meeting, 26-06-2026
- Director resignation, L&J – LABEL BV (director)
- Director resignation, BONAY BV (director)
- Director appointment, HARVEST HOSPITALITY BV (director)
- Permanent representative, Jan RUYSSCHAERT (permanent representative)
- Permanent representative, Bernard ROSSEL (permanent representative)
- Permanent representative, Pieter VANERMEN (permanent representative)
- Director discharge, L&J – LABEL BV
- Director discharge, BONAY BV
- Declaration, geen bestuursverbod of veroordeling, artikel 6 van de wet betreffende het Centraal register van bestuursverboden van 4 mei 2023
- Power of attorney, Julie VANERMEN
- Power of attorney, Jan-Dante DUMON
- +9 further facts in this act
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €16,580
Net result €16,580 after 3 loss-making years.
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 106 days late
2022
31-12
Financial
Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €465,027 ▲122%
Net result €465,027, the highest in the series.
31-12
Financial
Equity above €2mEq €2.1m ▲32.6%
2 profitable years in a row build equity to €2.1m.
Show earlier events
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 13 acts read
About the unread acts
Of the 13 Belgian State Gazette acts we know for this company, 1 has been read. The other 12 have not 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.
Register details
Identification
Legal formPrivate limited company
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0597747850
Also
9925:BE0597747850
Registered
16-09-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 6 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
18 sitesGentunit no. 2.251.692.177
Antwerpenunit no. 2.261.126.517
Antwerpenunit no. 2.266.792.109
Antwerpenunit no. 2.376.188.610
Show 14 more sites
Antwerpenunit no. 2.386.630.659
Bruggeunit no. 2.282.834.721
Brusselunit no. 2.267.363.518
Elseneunit no. 2.282.834.820
Etterbeekunit no. 2.386.630.857
Gentunit no. 2.240.957.742
Gentunit no. 2.282.834.919
Gentunit no. 2.386.630.758
Kortrijkunit no. 2.320.279.986
Leuvenunit no. 2.306.120.956
Leuvenunit no. 2.315.959.132
Mechelenunit no. 2.306.121.055
Oostendeunit no. 2.320.280.382
Sint-Martens-Latemunit no. 2.340.416.295
Sites & property
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 18 establishment units since 2015
Ground area
7.9 ha
Building footprint
4,638 m²
Volume, LiDAR
44,797 m³
19 parcels, Brussels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
92
companies at this address
See who is registered here
18 establishment units
Bavet
since 2015unit no. 2.240.957.742
Bavet
since 2016unit no. 2.251.692.177
Bavet
since 2017unit no. 2.261.126.517
BAVET
since 2017unit no. 2.266.792.109
Bavet
since 2017unit no. 2.267.363.518
BAVET
since 2019unit no. 2.282.834.721
Show 12 more locations
BAVET
since 2019unit no. 2.282.834.820
BAVET
since 2019unit no. 2.282.834.919
Bavet
since 2020unit no. 2.306.120.956
Bavet
since 2020unit no. 2.306.121.055
Bavet Kiosk
since 2021unit no. 2.315.959.132
BAVET
since 2021unit no. 2.320.279.986
BAVET
since 2021unit no. 2.320.280.382
BAVET
since 2023unit no. 2.340.416.295
BAVET UA
since 2025unit no. 2.376.188.610
Cafe Recup Antwerpen Hopland
since 2026unit no. 2.386.630.659
Cafe Recup Gent Nederkouter
since 2026unit no. 2.386.630.758
Cafe Recup Jourdan
since 2026unit no. 2.386.630.857
19 parcels
Flanders
16
(84.2%)
Brussels
3
(15.8%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0068/00K004 | Flanders | 6.6 ha | 1 · 1,279 m² | 18.6 m · 5 fl. |
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
| 24062H0036/08P000 | Flanders | 2,781 m² | 1 · 270 m² | 21.1 m · 5 fl. |
| 35013A1595/00D035 | Flanders | 683 m² | - | - |
| 24502B0778/00R000 | Flanders | 664 m² | 1 · 241 m² | 14.8 m · 4 fl. |
| 44064B0667/00P000 | Flanders | 609 m² | 1 · 234 m² | 8.6 m · 2 fl. |
| 34022E0027/00X004 | Flanders | 189 m² | 1 · 196 m² | 17.1 m · 4 fl. |
| 44805E1035/00H000 | Flanders | 185 m² | 1 · 65 m² | 14.5 m · 5 fl. |
| 21005A0135/00B008 | Brussels | 164 m² | 1 · 163 m² | 20.4 m · 6 fl. |
| 12025E0568/00E000 | Flanders | 131 m² | - | - |
| 44805E1199/00A000 | Flanders | 125 m² | 1 · 120 m² | 12.5 m · 3 fl. |
| 11804D2921/00G000 | Flanders | 124 m² | 1 · 124 m² | 19.9 m · 6 fl. |
| 11802B0062/00W002 | Flanders | 124 m² | 1 · 111 m² | 16.8 m · 5 fl. |
| 21447B0216/00L005 | Brussels | 115 m² | 1 · 95 m² | 20.8 m · 6 fl. |
| 31803C0096/00A000 | Flanders | 113 m² | 1 · 114 m² | 11.4 m · 3 fl. |
| 44804D2718/00V026 | Flanders | 82 m² | 1 · 82 m² | 14.9 m · 4 fl. |
| 11803C1374/00F000 | Flanders | 78 m² | - | - |
| 21812N0311/00E000 | Brussels | 62 m² | 1 · 34 m² | 15.7 m · 4 fl. |
| 44803C0023/00B000 | Flanders | 27 m² | - | - |
Linked by address, not proof of ownership
Good to know
19 of 19 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.