HEDA Solutions
ActiveSummary
HEDA Solutions has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,284 and a net result of €3,268. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-13
Solvency53▼-37
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 2.73 in 2024; short-term debt: 72.4% and cash: 14.1% of total assets), and 72.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.6%
Return on assets
4.9%
Age of the figures
9 mo
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 25-03-2026, 128 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
128 d early
2024
21 d early
2023
29 d late
2022
31 d late
2021
31 d late
2020
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 30 August (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€18,284▼ 63.4%
2024 · €50,016
Total assets
€66,300▼ 13.8%
2024 · €76,950
Net result
€3,268▼ 72.0%
2024 · €11,659
Working capital
€16,638▼ 64.2%
2024 · €46,506
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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
Line20212022202320242025
Operating result€16,514▲ 493%€21,458▲ 29.9%€15,302▼ 28.7%€14,621▼ 4.4%€5,744▼ 60.7%
Net result€12,130within the sector's middle half▲ 490%€14,438within the sector's middle half▲ 19.0%€8,735within the sector's middle half▼ 39.5%€11,659within the sector's middle half▲ 33.5%€3,268within the sector's middle half▼ 72.0%
Equity€15,185within the sector's middle half▲ 397%€29,623within the sector's middle half▲ 95.1%€38,357within the sector's middle half▲ 29.5%€50,016within the sector's middle half▲ 30.4%€18,284within the sector's middle half▼ 63.4%
Total assets€80,413within the sector's middle half▲ 666%€88,978within the sector's middle half▲ 10.7%€105,073within the sector's middle half▲ 18.1%€76,950within the sector's middle half▼ 26.8%€66,300within the sector's middle half▼ 13.8%
Debt€65,228▲ 776%€59,355▼ 9.0%€66,715▲ 12.4%€26,934▼ 59.6%€48,016▲ 78.3%
Working capital-€9,735below the sector's middle half€11,074within the sector's middle half€30,442within the sector's middle half▲ 175%€46,506within the sector's middle half▲ 52.8%€16,638within the sector's middle half▼ 64.2%
Solvency18.9%within the sector's middle half▼ 10.2pp33.3%within the sector's middle half▲ 14.4pp36.5%within the sector's middle half▲ 3.2pp65.0%within the sector's middle half▲ 28.5pp27.6%within the sector's middle half▼ 37.4pp
Current ratio0.85below the sector's middle half▼ 0.561.19within the sector's middle half▲ 0.341.46within the sector's middle half▲ 0.272.73within the sector's middle half▲ 1.271.35within the sector's middle half▼ 1.38
Return on assets (ROA)15.1%within the sector's middle half▼ 4.5pp16.2%within the sector's middle half▲ 1.1pp8.3%within the sector's middle half▼ 7.9pp15.2%within the sector's middle half▲ 6.8pp4.9%within the sector's middle half▼ 10.2pp
Staff (FTE)2.12.5▲ 19.0%2.2▼ 12.0%0.1▼ 95.5%
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 61% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,300
Fixed assets
€1,646 ▼ 53.1%
Current assets
€64,655 ▼ 12.0%
Equity and liabilities €66,300
Equity
€18,284 ▼ 63.4%
Debt
€48,016 ▲ 78.3%
Debt's share of the balance-sheet total rises from 35.0% to 72.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7,608▼
2024 · €17,714
Cash flow
€5,132▼
2024 · €14,752
Debt to equity
2.63▲
2024 · 0.54
ROE
17.9%▼
2024 · 23.3%
Interest coverage
6.03▼
2024 · 36.21
Debt ≤ 1 year
€48,016▲
2024 · €26,934
Income taxes
€2,816▼
2024 · €3,089
Staff costs
€0▼
2024 · €620
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 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% | 1.9% |
| 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 3,275 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,528 | €1,105 | ▼ 91.2% |
| Remuneration, social security and pensions62 | €57,110 | €73,532 | €88,557 | €620 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,314 | €11,055 | €11,696 | €3,093 | €1,864 | ▼ 39.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €18,918 | €506 | €20,077 | -€14,091 | ▼ 170% |
| Other operating charges640/8 | €541 | €102 | €1,102 | €4,805 | €45,907 | ▲ 855% |
| Gross operating margin9900 | €81,479 | €125,066 | €117,163 | €43,216 | €39,424 | ▼ 8.8% |
| Operating profit (loss)9901 | €16,514 | €21,458 | €15,302 | €14,621 | €5,744 | ▼ 60.7% |
| Financial income75/76B | - | - | €400 | €615 | €1,602 | ▲ 160% |
| Recurring financial income75 | - | - | €400 | €615 | €1,602 | ▲ 160% |
| Financial charges65/66B | €65 | €84 | €567 | €489 | €1,263 | ▲ 158% |
| Recurring financial charges65 | €65 | €84 | €567 | €489 | €1,263 | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €16,449 | €21,374 | €15,135 | €14,748 | €6,083 | ▼ 58.7% |
| Income taxes67/77 | €4,318 | €6,936 | €6,400 | €3,089 | €2,816 | ▼ 8.8% |
| Profit (loss) for the period9904 | €12,130 | €14,438 | €8,735 | €11,659 | €3,268 | ▼ 72.0% |
| Profit (loss) for the period to be appropriated9905 | €12,130 | €14,438 | €8,735 | €11,659 | €3,268 | ▼ 72.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,413 | €88,978 | €105,073 | €76,950 | €66,300 | ▼ 13.8% |
| Fixed assets21/28 | €25,233 | €18,549 | €7,915 | €3,510 | €1,646 | ▼ 53.1% |
| Tangible fixed assets22/27 | €25,233 | €18,549 | €6,853 | €2,448 | €584 | ▼ 76.2% |
| Plant, machinery and equipment23 | - | €208 | €117 | €26 | €0 | ▼ 100% |
| Furniture and vehicles24 | €25,233 | €18,341 | €6,736 | €2,422 | €584 | ▼ 75.9% |
| Financial fixed assets28 | - | - | €1,062 | €1,062 | €1,062 | = |
| Current assets29/58 | €55,179 | €70,429 | €97,157 | €73,440 | €64,655 | ▼ 12.0% |
| Amounts receivable after more than one year29 | - | - | €45,000 | €22,500 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | €45,000 | €22,500 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €51,703 | €42,774 | €35,330 | €43,570 | €54,483 | ▲ 25.0% |
| Trade receivables40 | €50,203 | €41,058 | €34,330 | €31,766 | €25,507 | ▼ 19.7% |
| Other amounts receivable41 | €1,500 | €1,716 | €1,000 | €11,804 | €28,976 | ▲ 145% |
| Cash at bank and in hand54/58 | €1,420 | €26,693 | €16,827 | €7,271 | €9,373 | ▲ 28.9% |
| Deferred charges and accrued income490/1 | €2,057 | €961 | €0 | €100 | €798 | ▲ 698% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,413 | €88,978 | €105,073 | €76,950 | €66,300 | ▼ 13.8% |
| Equity10/15 | €15,185 | €29,623 | €38,357 | €50,016 | €18,284 | ▼ 63.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €14,185 | €28,623 | €37,357 | €49,016 | €17,284 | ▼ 64.7% |
| Distributable reserves133 | €14,185 | €28,623 | €37,357 | €49,016 | €17,284 | ▼ 64.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €65,228 | €59,355 | €66,715 | €26,934 | €48,016 | ▲ 78.3% |
| Amounts payable within one year42/48 | €64,914 | €59,355 | €66,715 | €26,934 | €48,016 | ▲ 78.3% |
| Current portion of amounts payable after more than one year42 | - | - | €822 | €0 | - | - |
| Financial debts43 | - | - | €318 | €5,646 | €830 | ▼ 85.3% |
| Credit institutions430/8 | - | - | €318 | €5,646 | €830 | ▼ 85.3% |
| Trade debts44 | €35,961 | €7,351 | €23,546 | €8,478 | €4,654 | ▼ 45.1% |
| Suppliers440/4 | €35,961 | €7,351 | €23,546 | €8,478 | €4,654 | ▼ 45.1% |
| Taxes, remuneration and social security45 | €22,950 | €44,427 | €38,810 | €12,810 | €7,533 | ▼ 41.2% |
| Taxes450/3 | €16,225 | €25,267 | €23,360 | €12,173 | €7,533 | ▼ 38.1% |
| Remuneration and social security454/9 | €6,725 | €19,159 | €15,450 | €637 | €0 | ▼ 100% |
| Other amounts payable47/48 | €6,003 | €7,577 | €3,220 | €0 | €35,000 | - |
| Accrued charges and deferred income492/3 | €313 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,130 | €14,438 | €8,735 | €11,659 | €3,268 | ▼ 72.0% |
| + Depreciation and write-downs630 | €7,314 | €11,055 | €11,696 | €3,093 | €1,864 | ▼ 39.7% |
| Operating cash flow (approximation) | €19,444 | €25,493 | €20,430 | €14,752 | €5,132 | ▼ 65.2% |
| Investment in fixed assets (approximation) | - | -€4,371 | -€1,062 | €1,312 | €0 | ▼ 100% |
| Change in cash | - | €25,274 | -€9,866 | -€9,556 | €2,103 | ▲ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2020net €14,438 ▲19%
Operating result €21,458, net result €14,438, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Kapellen · 1 establishment unit since 2019
Ground area
284 m²
Building footprint
79 m²
Volume, LiDAR
519 m³
Parcel 11023C0102/00C002, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEDA Solutions
since 20192.294.451.856
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023C0102/00C002 | Flanders | 284 m² | 1 · 79 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
G.P.O CONSULTING
BE 0779.952.155
Blankenberge · Eq €18,306
Uw Loonhuis
BE 0794.211.650
Gent · Eq €18,314
NOT BAD FOR AN EX-STEWARDESS
BE 0763.853.125
Halle · Eq €18,316
Adminnie Maisonie
BE 0660.965.720
Oudenaarde · Eq €18,237
ESPACE PLAN
BE 0430.504.806
Elsene · Eq €18,332
Of 11,218 companies in sector 82100 we hold annual accounts for 3,516. 2,203 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
Contact
Website
www.hedaconsulting.com
E-mail
helena@hedaconsulting.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735586929
Registered
23-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.