Skip to content

Hedra

Active
Public limited companyfounded 198442 yrs activeMoerhoflaan 67, 2970 Schilde, BelgiumKBO/BCE: BE 0425.694.297
Summary

Hedra has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €374,895 and a net result of €6,272. Equity is shrinking by ~8.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability58▼-16
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 18.15 against 21.49 in 2023; short-term debt: 3.3% and cash: 60.3% of total assets), and 3.8% 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 · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 42 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
34 d early
2022
11 d early
2021
5 d early
2020
60 d early
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 26 April 1984, Hedra was incorporated.1 In 2026 the registered office moved to Schilde.2 Of the 2 current board members, MONO DEVELOPMENT has served longest, since 2026.2 Total assets went from EUR 804,905 in 2018 to EUR 389,688 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 23-03-2026
  3. 3National Bank, annual accounts 2018 and 2024

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€374,895▲ 1.7%
2023 · €368,623
Total assets
€389,688▲ 2.3%
2023 · €380,905
Net result
€6,272▼ 57.3%
2023 · €14,694
Working capital
€222,270▲ 3.2%
2023 · €215,330
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€4,704€1,545▼ 67.2%€334,258▲ 21,539%€9,225▼ 97.2%€12,488▲ 35.4%
Net result€7,397▲ 554%-€3,950€254,925€14,694▼ 94.2%€6,272▼ 57.3%
Equity€811,446▲ 0.9%€735,304▼ 9.4%€990,230▲ 34.7%€368,623▼ 62.8%€374,895▲ 1.7%
Total assets€813,140▲ 0.7%€809,324▼ 0.5%€1.1m▲ 33.4%€380,905▼ 64.7%€389,688▲ 2.3%
Debt€1,694▼ 45.8%€74,020▲ 4,271%€89,475▲ 20.9%€12,282▼ 86.3%€14,792▲ 20.4%
Working capital€403,080▲ 3.9%€338,917▼ 15.9%€836,129▲ 147%€215,330▼ 74.2%€222,270▲ 3.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2020: €4,704€4,704Net result 2020: €7,397€7,397Operating result 2021: €1,545€1,545Net result 2021: -€3,950-€3,950Operating result 2022: €334,258€334,258Net result 2022: €254,925€254,925Operating result 2023: €9,225€9,225Net result 2023: €14,694€14,694Operating result 2024: €12,488€12,488Net result 2024: €6,272€6,27220202021202220232024€0€100,000€200,000€300,000Operating result 2022: €334,258€334,000Net result 2022: €254,925€255,000Operating result 2023: €9,225€9,220Net result 2023: €14,694€14,700Operating result 2024: €12,488€12,500Net result 2024: €6,272€6,270202220232024
The operating result recovers in 2024; 2024 is 35% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €389,688
Fixed assets €154,457 ▼ 0.4%
Current assets €235,230 ▲ 4.2%
Equity and liabilities €389,688
Equity €374,895 ▲ 1.7%
Debt €14,792 ▲ 20.4%
Debt's share of the balance-sheet total rises from 3.2% to 3.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€13,096▲
2023 · €9,833
Cash flow
€6,880▼
2023 · €15,302
Current ratio
18.15▼
2023 · 21.49
Debt to equity
0.04▲
2023 · 0.03
ROE
1.7%▼
2023 · 4.0%
ROA
1.6%▼
2023 · 3.9%
Interest coverage
4.44▼
2023 · 36.54
Debt ≤ 1 year
€12,960▲
2023 · €10,510
Income taxes
€3,633▼
2023 · €3,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% 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 0.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 17,040 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 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€380,905€389,688▲
Fixed assets21/28€155,065€154,457▼
Tangible fixed assets22/27€154,693€154,086▼
Land and buildings22€153,818€153,818=
Furniture and vehicles24€875€268▼
Financial fixed assets28€372€372=
Current assets29/58€225,840€235,230▲
Current investments50/53€151,427-
Cash at bank and in hand54/58€74,080€234,876▲
Deferred charges and accrued income490/1€333€354▲
Equity and liabilities
Total equity and liabilities10/49€380,905€389,688▲
Equity10/15€368,623€374,895▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€306,623€312,895▲
Non-distributable reserves130/1€23,385€23,385=
Legal reserve130€23,385€23,385=
Distributable reserves133€283,238€289,510▲
Amounts payable17/49€12,282€14,792▲
Amounts payable within one year42/48€10,510€12,960▲
Trade debts44€171€1,701▲
Suppliers440/4€171€1,701▲
Taxes, remuneration and social security45€2,456€3,523▲
Taxes450/3€2,456€3,523▲
Other amounts payable47/48€7,882€7,736▼
Accrued charges and deferred income492/3€1,772€1,832▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€608€608=
Other operating charges640/8€10,371€11,198▲
Gross operating margin9900€20,204€24,294▲
Operating profit (loss)9901€9,225€12,488▲
Financial income75/76B€9,558€365▼
Recurring financial income75€9,558€365▼
Financial charges65/66B€269€2,948▲
Recurring financial charges65€269€2,948▲
Profit (loss) for the period before taxes9903€18,514€9,905▼
Income taxes67/77€3,820€3,633▼
Profit (loss) for the period9904€14,694€6,272▼
Profit (loss) for the period to be appropriated9905€14,694€6,272▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,694€6,272▼
Transfer to equity691/2€14,694€6,272▼
To other reserves6921€14,694€6,272▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€323,038---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,712€11,979€608€608€608=
Other operating charges640/8-€11,731€11,983€10,371€11,198▲ 8.0%
Gross operating margin9900€28,184€25,255€346,849€20,204€24,294▲ 20.2%
Operating profit (loss)9901€4,704€1,545€334,258€9,225€12,488▲ 35.4%
Financial income75/76B-€2,315€7,531€9,558€365▼ 96.2%
Recurring financial income75€2,751€2,315€7,531€9,558€365▼ 96.2%
Financial charges65/66B-€7,810€321€269€2,948▲ 996%
Recurring financial charges65€58€74€321€269€2,948▲ 996%
Non-recurring financial charges66B-€7,736----
Profit (loss) for the period before taxes9903€7,397-€3,950€341,468€18,514€9,905▼ 46.5%
Income taxes67/77--€86,543€3,820€3,633▼ 4.9%
Profit (loss) for the period9904€7,397-€3,950€254,925€14,694€6,272▼ 57.3%
Profit (loss) for the period to be appropriated9905€7,397-€3,950€254,925€14,694€6,272▼ 57.3%
Line20202021202220232024Change
Assets
Total assets20/58€813,140€809,324€1.1m€380,905€389,688▲ 2.3%
Fixed assets21/28€409,092€397,112€155,673€155,065€154,457▼ 0.4%
Tangible fixed assets22/27€408,720€396,741€155,301€154,693€154,086▼ 0.4%
Land and buildings22-€394,649€153,818€153,818€153,818=
Furniture and vehicles24-€2,091€1,483€875€268▼ 69.4%
Financial fixed assets28€372€372€372€372€372=
Current assets29/58€404,048€412,212€924,032€225,840€235,230▲ 4.2%
Amounts receivable within one year40/41€35,364€48,565€557,719---
Trade receivables40-€592€592---
Other amounts receivable41-€47,973€557,127---
Current investments50/53--€151,651€151,427--
Cash at bank and in hand54/58€366,649€362,822€214,227€74,080€234,876▲ 217%
Deferred charges and accrued income490/1-€824€434€333€354▲ 6.4%
Equity and liabilities
Total equity and liabilities10/49€813,140€809,324€1.1m€380,905€389,688▲ 2.3%
Equity10/15€811,446€735,304€990,230€368,623€374,895▲ 1.7%
Contributions10/11€698,300€698,300€698,300€62,000€62,000=
Capital10-€698,300€698,300€62,000€62,000=
Issued capital100-€698,300€698,300€62,000€62,000=
Reserves13€113,146€37,004€291,930€306,623€312,895▲ 2.0%
Non-distributable reserves130/1-€10,639€23,385€23,385€23,385=
Legal reserve130-€10,639€23,385€23,385€23,385=
Distributable reserves133-€26,365€268,544€283,238€289,510▲ 2.2%
Amounts payable17/49€1,694€74,020€89,475€12,282€14,792▲ 20.4%
Amounts payable within one year42/48€969€73,295€87,902€10,510€12,960▲ 23.3%
Trade debts44€843€1,103€2,201€171€1,701▲ 894%
Suppliers440/4-€1,103€2,201€171€1,701▲ 894%
Taxes, remuneration and social security45--€85,702€2,456€3,523▲ 43.4%
Taxes450/3--€85,702€2,456€3,523▲ 43.4%
Other amounts payable47/48-€72,192-€7,882€7,736▼ 1.9%
Accrued charges and deferred income492/3-€725€1,573€1,772€1,832▲ 3.4%
Line20202021202220232024Change
Profit (loss) for the period9904€7,397-€3,950€254,925€14,694€6,272▼ 57.3%
+ Depreciation and write-downs630€11,712€11,979€608€608€608=
Operating cash flow (approximation)€19,109€8,029€255,533€15,302€6,880▼ 55.0%
Investment in fixed assets (approximation)-€0€240,832€0€0-
Change in cash--€3,827-€148,595-€140,148€160,796▲ 215%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
11-06
State Gazette act Appointment: BV MONO DEVELOPMENT (managing director)
Permanent representative: Tom VAN dEN BERGH3 facts ▸
  • Board meeting, 07-05-2026
  • Director appointment, BV MONO DEVELOPMENT (managing director)
  • Permanent representative, Tom VAN dEN BERGH (permanent representative)
23-03
State Gazette act Resignations: Rudi DIERCKX (director) and Elsa HERMANS (director)
Appointment: BV MONO DEVELOPMENT (director) · Permanent representative: Tom VAN dEN BERGH · Mandate compensation11 facts ▸
  • General meeting, 26/02/2026
  • Board meeting, 26/02/2026
  • Director resignation, Rudi DIERCKX (director)
  • Director resignation, Elsa HERMANS (director)
  • Director resignation, Rudi DIERCKX (managing director)
  • Director resignation, Elsa HERMANS (managing director)
  • Director appointment, BV MONO DEVELOPMENT (director)
  • Permanent representative, Tom VAN dEN BERGH
  • Mandate compensation, BV MONO DEVELOPMENT
  • Registered-office move, 2970 Schilde, Moerhoflaan 67
  • Share concentration, 26/02/2026
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity doublescurrent ratio 21.49
Current ratio from 10.51 to 21.49; short-term debt falls from €87,902 to €10,510.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €254,925
Net result €254,925 after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €1,131
Net result €1,131 after one loss-making year.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 8 acts read
About the unread acts

Of the 8 Belgian State Gazette acts we know for this company, 2 have been read. The other 6 have not 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
1 director, 1 in day-to-day management, last change in 2026

Board 1

MONO DEVELOPMENT
Director · since 26-02-2026 · Private limited company · perm. rep.: Tom VAN dEN BERGH
Current

Day-to-day management 1

BV MONO DEVELOPMENT
Managing director · since 07-05-2026 · Legal entity · perm. rep.: Tom VAN dEN BERGH
Current

Permanent representatives 1

Tom VAN dEN BERGH
Permanent representative · since 07-05-2026 · for BV MONO DEVELOPMENT
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
1,071 m²
Building footprint
154 m²
Volume, LiDAR
828 m³
Parcel 11039D0263/00B000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Moerhoflaan 67, 2970 Schilde
NACE 70201
since 19842.024.611.615
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11039D0263/00B000 Flanders 1,071 m² 1 · 154 m² 8.1 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.

Mandate history

4 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
MONO DEVELOPMENT
  • Director, from 26-02-2026 to date
BV MONO DEVELOPMENT
  • Managing director, from 07-05-2026 to date
DIERCKX Rudi
  • Director, until 26-02-2026
  • Managing director, until 26-02-2026
Elsa HERMANS
  • Director, until 26-02-2026
  • Managing director, until 26-02-2026
See the board, name and seat on a given date →

Articles of association

Who signs
A managing director alone

Structure & network

Connections & network

2 current directors
Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPublic limited company
Founded26-04-1984
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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