HEDELAB
ActiveHEDELAB has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-1.22M) and a net result of €-2.46M. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 6008 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency51▲+6
Growth32=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.29 against 2.05 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-20.1%
Return on assets
-40.5%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€1.2M
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
28 d early
2022
39 d early
2021
41 d early
2020
135 d early
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2.46M▼ 1,323%
2023 · €-173k
2018: €5k
2019: €-550k
2020: €6k
2021: €3k
2022: €180k
2023: €-173k
2018 → 2024
Working capital
€907k▼ 66.8%
2023 · €2.73M
2018: €931k
2019: €111k
2020: €252k
2021: €2.13M
2022: €2.37M
2023: €2.73M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.30M-€1.26M▼ 3.0%€1.41M▲ 12.0%€1.24M▼ 12.2%€-1.22M
Operating result€23k-€67k▲ 194%€243k▲ 264%€16k▼ 93.2%€-2.02M
Net result€6k-€3k▼ 50.3%€180k▲ 5,874%€-173k€-2.46M▼ 1,323%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €2.02M after €16k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.07M
Fixed assets
€2.01M▼ 1.1%
Current assets
€4.06M▼ 23.9%
Key figures and ratios
EBITDA
€-1.29M▼
2023 · €750k
Cash flow
€-1.73M▼
2023 · €561k
Solvency
-20.1%▼
2023 · 16.8%
Current ratio
1.29▼
2023 · 2.05
Quick ratio
0.77▼
2023 · 1.30
Debt / equity
-5.83▼
2023 · 4.92
ROE
201.7%▲
2023 · -13.9%
ROA
-40.5%▼
2023 · -2.3%
Interest coverage
-2.94▼
2023 · 3.85
Debt
€7.11M▲
2023 · €6.09M
Debt ≤ 1 year
€3.15M▲
2023 · €2.60M
Debt > 1 year
€3.81M▲
2023 · €3.49M
Income taxes
€354▼
2023 · €584
Staff costs
€2.50M▲
2023 · €2.13M
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€7.37M€6.07M▼
Fixed assets21/28€2.03M€2.01M▼
Intangible fixed assets21€759k€631k▼
Tangible fixed assets22/27€1.00M€1.10M▲
Land and buildings22€124k€123k▼
Plant, machinery and equipment23€820k€932k▲
Furniture and vehicles24€57k€40k▼
Financial fixed assets28€273k€285k▲
Current assets29/58€5.34M€4.06M▼
Stocks and contracts in progress3€1.94M€1.63M▼
Stocks30/36€1.94M€1.63M▼
Amounts receivable within one year40/41€2.85M€2.08M▼
Trade receivables40€2.43M€1.87M▼
Other amounts receivable41€419k€216k▼
Cash at bank and in hand54/58€284k€313k▲
Deferred charges and accrued income490/1€266k€36k▼
Equity and liabilities
Total equity and liabilities10/49€7.37M€6.07M▼
Equity10/15€1.24M€-1.22M▼
Contributions10/11€1.70M€1.70M=
Capital10€1.70M€1.70M=
Issued capital100€1.70M€1.70M=
Reserves13€20k€20k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Profit (loss) carried forward14€-482k€-2.94M▼
Provisions and deferred taxes16€35k€181k▲
Provisions for liabilities and charges160/5€35k€181k▲
Pensions and similar obligations160€35k€0▼
Other liabilities and charges164/5-€181k
Amounts payable17/49€6.09M€7.11M▲
Amounts payable after more than one year17€3.49M€3.81M▲
Financial debts170/4€3.49M€3.81M▲
Amounts payable within one year42/48€2.60M€3.15M▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€827k€629k▼
Credit institutions430/8€827k€629k▼
Trade debts44€1.44M€2.01M▲
Suppliers440/4€1.44M€2.01M▲
Advances received on contracts in progress46€0€54k▲
Taxes, remuneration and social security45€295k€464k▲
Taxes450/3€69k€148k▲
Remuneration and social security454/9€225k€316k▲
Other amounts payable47/48€43k€0▼
Accrued charges and deferred income492/3€4k€143k▲
Income statement
Code20232024
Non-recurring operating income76A€14k€93k▲
Remuneration, social security and pensions62€2.13M€2.50M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€734k€732k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-44k€245k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€35k€146k▲
Other operating charges640/8€30k€32k▲
Non-recurring operating charges66A€76k€920k▲
Gross operating margin9900€2.98M€2.55M▼
Operating profit (loss)9901€16k€-2.02M▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€195k€439k▲
Recurring financial charges65€195k€439k▲
Profit (loss) for the period before taxes9903€-172k€-2.46M▼
Income taxes67/77€584€354▼
Profit (loss) for the period9904€-173k€-2.46M▼
Profit (loss) for the period to be appropriated9905€-173k€-2.46M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-482k€-2.94M▼
Profit (loss) brought forward from the previous period14P€-309k€-482k▼
Social balance
Average headcount (FTE)908741.146.2▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-2.46M
Net result drops to €-2.46M, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €180k ▲5874%
Operating result €243k, net result €180k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Mons · 1 establishment unit since 1997
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.
Route de Wallonie (G.) 1407011 MonsGround area
2.3 ha
Building footprint
5,751 m²
Volume, LiDAR
37,448 m³
Parcel 53030G0552/00C000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NATURACARE BELGIUM
since 19972.084.686.287
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030G0552/00C000 | Wallonia | 2.3 ha | 1 · 5,751 m² | 8.6 m · 2 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.
Public money · subsidies and aid
European research
1 project · 600,526 EUR EU contributionProgrammes
h2020
Projects
Supplying bioactives Compounds from micro-Algae to foster a bLue futurE
Recognitions · licences · registrations
Food safety, FASFC
1 siteMons2.084.686.287
Similar companies · same sector, comparable size
DYNA +
BE 0562.878.825
Lasne · Eq €846k
Immo Genics
BE 0437.225.817
Oostkamp · Eq €724k
SUPPLEMENTS DISTRIBUTION
BE 0464.396.606
Aubange · Eq €2.22M
WALDRYPROCESS
BE 0840.558.349
Gembloux · Eq €668k
LUKED
BE 0465.353.144
Tessenderlo-Ham · Eq €585k
Of 87 companies in sector 10860 we hold annual accounts for 47. 24 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-12-1997
Fiscal year end31-12
Trade name FR
Laboratoire HEDEPHAR
Activities, NACEBEL
10860Manufacture of food products
46851Wholesale of industrial chemicals
51550
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.