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HEC CONSULTING

Active
Cooperative companyfounded 2001active for 25 yearsRue Louvrex 14, 4000 Liège, Belgium15 active companies are registered at this addressKBO/BCE: BE 0475.271.294
Summary

HEC CONSULTING has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €92,184 and a net result of €1,712. Equity is growing by about 2.5% per year across the filed financial years. Its solvency ranks better than 90% of 48 sector peers (NACE 73, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Market research and public opinion polling
NACE 73200
1 site
Size
€98,611total assets 2026
Equity
€92,184
Profit
€1,712
Financial health
96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
24 members
Accounts 99 days early2 of 26 deeds read
Why 96lowers riskLiquidity: current ratio 24.43, cash €72,261Equity €92,184 (93.5% of total assets)Founded in 2001Size: total assets €98,611Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 73, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 93.5% of total assets
Liquidity 100=
short-term debt 3.9% · cash 73.3%
Profitability 71+27
return on assets 1.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,205 companies, NACE 73, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity ample (current ratio 24.43, compared with 32.76 in 2025, above the usual 1.5; short-term debt: 3.9% and cash: 73.3% of total assets), and 6.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro): better than 87% on solvency, 97% on liquidity, 40% on profitability and 45% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 24.43, cash €72,261
NBB · annual accounts
lowers risk · Equity €92,184 (93.5% of total assets)
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €98,611
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 23-06-2026, 99 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
99 days early
2025
94 days early
2024
112 days early
2023
60 days early
2022
121 days early
2021
126 days early
2020
30 days 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 92 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
15-10-2026 today28-02-2027 year end30-09-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Mile Camille Baudenne, Mile Emilie…Appointments: Mr Maxime Comblin, Mr…
  2. Annual accounts filedfinancial year 2026 · abbreviated…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Positive: Among the best 11% on solvencysector median 50.0% · 48 companies 93.5% View
  • Board changedlatest change 27-07-2026 · 24 in office 16 joined · 12 left View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 5 profitable years in a rowprofit 2026: €1,712 5 years View

By topic

Financials

Financial year
2026
Total assets
€98,611
Profit
€1,712
Solvency
93.5%
Total assets▼ 4.2%
Net result
20192026
Go to Financials

Board & ownership

Board
24 members
  • Mile Marie PaggenDirector
  • Mile Ysaline MarissiauxDirector
  • Mile Zoé LonguevilleDirector
  • Mlle Augustine DecerfDirector
  • Mlle Carolina CuyckensDirector

and 19 other directors

Go to Board & ownership

Timeline

Events
32
Since
2002
Next accounts
by 30-09-2027
  1. 21-05-2025Resignations: Sophie Letihon, Shirine Abu Jahrur and…
  2. 28-02-2025Liquidity more than doubled
  3. 10-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Cooperative company
Activity
Market research and public opinion pollingNACE 73200
Founded
12-07-2001
Year ends
28-02
Peppol
Reachable for e-invoices
Go to Company details

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