HECOLO
InactiveHECOLO was declared bankrupt on 21-09-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 07-10-2025, published in the Belgian State Gazette on 10-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline23-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-10-2021, 88 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
88 d late
2019
54 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Equity
€-4k▲ 45.4%
2019 · €-6k
2018: €-7k
2019: €-6k
2018 → 2020
Total assets
€15k▼ 13.2%
2019 · €17k
2018: €9k
2019: €17k
2018 → 2020
Net result
€3k▲ 566%
2019 · €440
2018: €-9k
2019: €440
2018 → 2020
Working capital
€-6k▲ 33.8%
2019 · €-9k
2018: €-9k
2019: €-9k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-7k-€-6k▲ 6.4%€-4k▲ 45.4%
Operating result€-8k-€1k€-10k
Net result€-9k-€440€3k▲ 566%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €10k after €1k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €15k
Fixed assets
€2k=
Current assets
€12k▼ 15.2%
Key figures and ratios
Solvency
-24.1%▲
2019 · -38.3%
Current ratio
0.68▲
2019 · 0.63
Quick ratio
0.58▲
2019 · 0.48
ROA
20.0%▲
2019 · 2.6%
Debt
€18k▼
2019 · €23k
Debt ≤ 1 year
€18k▼
2019 · €23k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€17k€15k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€15k€12k▼
Stocks and contracts in progress3€3k€2k▼
Amounts receivable within one year40/41€7k€3k▼
Cash at bank and in hand54/58€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€17k€15k▼
Equity10/15€-6k€-4k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-27k€-24k▲
Amounts payable17/49€23k€18k▼
Amounts payable within one year42/48€23k€18k▼
Trade debts44€10k€3k▼
Income statement
Code20192020
Gross operating margin9900€5k€-5k▼
Operating profit (loss)9901€1k€-10k▼
Recurring financial income75-€15k
Recurring financial charges65€921€2k▲
Profit (loss) for the period before taxes9903€440€3k▲
Profit (loss) for the period9904€440€3k▲
Profit (loss) for the period to be appropriated9905€440€3k▲
Timeline · acts, filings and financial milestones
2025
10-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HECOLO BV ISABELLALEI 132, 2018 ANTWERPEN 1 · event 07-10-2025
2023
27-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HECOLO BV ISABELLALEI 132, 2018 ANTWERPEN 1 · event 21-09-2023
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
09-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HECOLO BV ISABELLALEI 132, 2018 ANTWERPEN 1 · event 04-03-2021
2020
31-12
Financial
Highest result since 2018net €3k ▲566%
Net result €3k, the highest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 54 days late
2019
31-12
Financial
Back to profitnet €440
Net result €440 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
01-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 1 day late
2012
14-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 45 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOMAS BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
21-09-2023 → present |