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HEDONE

Active
Private limited companyfounded 20232 yrs activeStationslaan 6, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1002.371.868
Summary

The computed 12-month bankruptcy probability of HEDONE is 4.3% (elevated). The 2024 annual accounts show equity of €68,160 and a net result of €38,160. Its solvency ranks better than 43% of 18930 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability84
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.02; short-term debt: 16.7% and cash: 6.2% of total assets), and 78.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
21.1%
Return on assets
11.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 1 filing
Deviation from the deadline
2024
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 25 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 November 2023, HEDONE was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€68,160
Total assets
€322,440
Net result
€38,160
Working capital
€1,056

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €322,440
Fixed assets €267,433
Current assets €55,007
Equity and liabilities €322,440
Equity €68,160
Debt €254,279
Debt finances 78.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€62,544
Cash flow
€49,231
Current ratio
1.02
Debt to equity
3.73
ROE
56.0%
ROA
11.8%
Interest coverage
10.00
Debt ≤ 1 year
€53,951
Debt > 1 year
€200,328
Income taxes
€7,104

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 7,976 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
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€322,440
Fixed assets21/28€267,433
Tangible fixed assets22/27€267,433
Land and buildings22€102,176
Plant, machinery and equipment23€133,291
Furniture and vehicles24€5,259
Other tangible fixed assets26€26,707
Current assets29/58€55,007
Amounts receivable within one year40/41€35,052
Trade receivables40€27,078
Other amounts receivable41€7,974
Cash at bank and in hand54/58€19,887
Deferred charges and accrued income490/1€67
Equity and liabilities
Total equity and liabilities10/49€322,440
Equity10/15€68,160
Contributions10/11€30,000
Reserves13€38,160
Distributable reserves133€38,160
Amounts payable17/49€254,279
Amounts payable after more than one year17€200,328
Financial debts170/4€200,328
Amounts payable within one year42/48€53,951
Current portion of amounts payable after more than one year42€18,840
Trade debts44€709
Suppliers440/4€709
Taxes, remuneration and social security45€7,420
Taxes450/3€7,420
Other amounts payable47/48€26,983
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,071
Other operating charges640/8€16,635
Gross operating margin9900€79,180
Operating profit (loss)9901€51,473
Financial income75/76B€46
Recurring financial income75€46
Financial charges65/66B€6,255
Recurring financial charges65€6,255
Profit (loss) for the period before taxes9903€45,264
Income taxes67/77€7,104
Profit (loss) for the period9904€38,160
Profit (loss) for the period to be appropriated9905€38,160
Appropriation of the result
Profit (loss) to be appropriated9906€38,160
Transfer to equity691/2€38,160
To the legal reserve6920€38,160

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,071
Other operating charges640/8€16,635
Gross operating margin9900€79,180
Operating profit (loss)9901€51,473
Financial income75/76B€46
Recurring financial income75€46
Financial charges65/66B€6,255
Recurring financial charges65€6,255
Profit (loss) for the period before taxes9903€45,264
Income taxes67/77€7,104
Profit (loss) for the period9904€38,160
Profit (loss) for the period to be appropriated9905€38,160
Line2024
Assets
Total assets20/58€322,440
Fixed assets21/28€267,433
Tangible fixed assets22/27€267,433
Land and buildings22€102,176
Plant, machinery and equipment23€133,291
Furniture and vehicles24€5,259
Other tangible fixed assets26€26,707
Current assets29/58€55,007
Amounts receivable within one year40/41€35,052
Trade receivables40€27,078
Other amounts receivable41€7,974
Cash at bank and in hand54/58€19,887
Deferred charges and accrued income490/1€67
Equity and liabilities
Total equity and liabilities10/49€322,440
Equity10/15€68,160
Contributions10/11€30,000
Reserves13€38,160
Distributable reserves133€38,160
Amounts payable17/49€254,279
Amounts payable after more than one year17€200,328
Financial debts170/4€200,328
Amounts payable within one year42/48€53,951
Current portion of amounts payable after more than one year42€18,840
Trade debts44€709
Suppliers440/4€709
Taxes, remuneration and social security45€7,420
Taxes450/3€7,420
Other amounts payable47/48€26,983
Line2024
Profit (loss) for the period9904€38,160
+ Depreciation and write-downs630€11,071
Operating cash flow (approximation)€49,231

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
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, Tongeren-Borgloon · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
178 m²
Building footprint
178 m²
Volume, LiDAR
1,265 m³
Parcel 73347A0344/00G002, Flanders · tallest building 15.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEDONE
Stationslaan 6, 3700 Tongeren-BorgloonRetail sale of wines and spirits
since 20232.352.427.667
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73347A0344/00G002 Flanders 178 m² 1 · 178 m² 15.1 m · 1 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Tongeren-Borgloon2.352.427.667
1 permission
Toelating · Eetgelegenheid · since 01-04-2025

Similar companies · same sector, comparable size

Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,848 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
Founded17-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002371868
Also 9925:BE1002371868
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.