HEDERA
ActiveSummary
The computed 12-month bankruptcy probability of HEDERA is 2.2% (moderate). The 2025 annual accounts show equity of €111k and a net result of €23k. Equity is growing by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 4522 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-16
Solvency46▼-16
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.71 against 0.89 in 2024; short-term debt: 49.1% and cash: 28.1% of total assets), and 79.3% of the assets are financed with debt.
Credit check for your own amount and term
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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
20.7%
Return on assets
4.3%
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 01-07-2026, 30 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
30 d early
2024
44 d early
2023
40 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▲ 25.8%
2024 · €88k
Total assets
€536k▲ 127%
2024 · €236k
Net result
€23k▼ 43.8%
2024 · €41k
Working capital
€-75k▼ 665%
2024 · €-10k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€48k-€53k▲ 10.0%€35k▼ 34.2%
Net result€38k-€41k▲ 7.6%€23k▼ 43.8%
Equity€48k-€88k▲ 85.0%€111k▲ 25.8%
Total assets€161k-€236k▲ 46.9%€536k▲ 127%
Debt€113k-€148k▲ 30.7%€425k▲ 188%
Working capital€-51k-€-10k▲ 80.7%€-75k▼ 665%
Staff (FTE)4
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €536k
Fixed assets
€348k ▲ 128%
Current assets
€188k ▲ 125%
Equity and liabilities €536k
Equity
€111k ▲ 25.8%
Debt
€425k ▲ 188%
Debt's share of the balance-sheet total rises from 62.5% to 79.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109k▲
2024 · €89k
Cash flow
€97k▲
2024 · €77k
Current ratio
0.71▼
2024 · 0.89
Debt to equity
3.82▲
2024 · 1.67
ROE
20.5%▼
2024 · 46.0%
ROA
4.3%▼
2024 · 17.2%
Interest coverage
17.75▼
2024 · 41.28
Debt ≤ 1 year
€263k▲
2024 · €93k
Debt > 1 year
€161k▲
2024 · €51k
Income taxes
€6k▼
2024 · €10k
Staff costs
€199k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €199k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €36k | €74k | ▲ 105% |
| Other operating charges640/8 | €1k | €1k | €2k | ▲ 34.8% |
| Gross operating margin9900 | €75k | €90k | €309k | ▲ 242% |
| Operating profit (loss)9901 | €48k | €53k | €35k | ▼ 34.2% |
| Financial income75/76B | €1 | €145 | €244 | ▲ 68.3% |
| Recurring financial income75 | €1 | €145 | €244 | ▲ 68.3% |
| Financial charges65/66B | €1k | €2k | €6k | ▲ 184% |
| Recurring financial charges65 | €1k | €2k | €6k | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €47k | €51k | €29k | ▼ 43.2% |
| Income taxes67/77 | €10k | €10k | €6k | ▼ 40.6% |
| Profit (loss) for the period9904 | €38k | €41k | €23k | ▼ 43.8% |
| Profit (loss) for the period to be appropriated9905 | €38k | €41k | €23k | ▼ 43.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €161k | €236k | €536k | ▲ 127% |
| Fixed assets21/28 | €108k | €152k | €348k | ▲ 128% |
| Tangible fixed assets22/27 | €108k | €152k | €347k | ▲ 128% |
| Plant, machinery and equipment23 | €48k | €56k | €156k | ▲ 178% |
| Furniture and vehicles24 | €61k | €96k | €191k | ▲ 98.9% |
| Financial fixed assets28 | - | - | €620 | - |
| Current assets29/58 | €52k | €84k | €188k | ▲ 125% |
| Stocks and contracts in progress3 | €2k | - | - | - |
| Stocks30/36 | €2k | - | - | - |
| Amounts receivable within one year40/41 | €22k | €31k | €24k | ▼ 23.2% |
| Trade receivables40 | €17k | €31k | €24k | ▼ 23.2% |
| Other amounts receivable41 | €5k | - | - | - |
| Cash at bank and in hand54/58 | €28k | €53k | €151k | ▲ 187% |
| Deferred charges and accrued income490/1 | €422 | - | €13k | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €161k | €236k | €536k | ▲ 127% |
| Equity10/15 | €48k | €88k | €111k | ▲ 25.8% |
| Contributions10/11 | €10k | €10k | €10k | = |
| Reserves13 | €38k | €78k | €101k | ▲ 29.1% |
| Distributable reserves133 | €38k | €78k | €101k | ▲ 29.1% |
| Amounts payable17/49 | €113k | €148k | €425k | ▲ 188% |
| Amounts payable after more than one year17 | €9k | €51k | €161k | ▲ 215% |
| Financial debts170/4 | €9k | €51k | €161k | ▲ 215% |
| Amounts payable within one year42/48 | €103k | €93k | €263k | ▲ 182% |
| Current portion of amounts payable after more than one year42 | €19k | €23k | €37k | ▲ 65.7% |
| Trade debts44 | €9k | €12k | €38k | ▲ 226% |
| Suppliers440/4 | €9k | €12k | €38k | ▲ 226% |
| Taxes, remuneration and social security45 | €7k | €4k | €33k | ▲ 761% |
| Taxes450/3 | €7k | €4k | €33k | ▲ 761% |
| Other amounts payable47/48 | €68k | €55k | €155k | ▲ 180% |
| Accrued charges and deferred income492/3 | €361 | €3k | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €41k | €23k | ▼ 43.8% |
| + Depreciation and write-downs630 | €25k | €36k | €74k | ▲ 105% |
| Operating cash flow (approximation) | €63k | €77k | €97k | ▲ 26.2% |
| Investment in fixed assets (approximation) | - | €-80k | €-270k | ▼ 236% |
| Change in cash | - | €25k | €98k | ▲ 292% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €23k ▼43.8%
Net result drops to €23k, the lowest in the series.
31-12
Financial
Equity above €100kEq €111k ▲25.8%
3 profitable years in a row build equity to €111k.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €41k ▲7.6%
Operating result €53k, net result €41k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Izegem · 1 establishment unit since 2022
Ground area
2,108 m²
Building footprint
83 m²
Volume, LiDAR
662 m³
Parcel 36492A0333/00K006, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HEDERA
since 20222.338.358.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0333/00K006 | Flanders | 2,108 m² | 1 · 83 m² | 10.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 673 EUR awarded · 347 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 583 EUR | 257 EUR |
| 2024 | 1 | 45 EUR | 45 EUR |
| 2023 | 1 | 45 EUR | 45 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 21,222 companies in sector 81300 we hold annual accounts for 4,363. 3,607 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
Founded17-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
71113Urban planning and landscape architecture
Contact
E-mail
jeroen.vinckier@skynet.beIzegem
Phone
0472/89.253.54Izegem
Scores and ratios are computed by Checked and are not a credit decision.