HEERNAERT PEDRO
ActiveSummary
The computed 12-month bankruptcy probability of HEERNAERT PEDRO is 2.3% (moderate). The 2024 annual accounts show equity of €46k and a net result of €19k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 36375 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability89▲+18
Solvency64▼-5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.18 in 2023; short-term debt: 39.5% and cash: 30.1% of total assets), and 61.1% 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.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
38.9%
Return on assets
16%
Age of the figures
21 mo
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 25-06-2025, 36 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
37 d early
2022
11 d late
2021
31 d late
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 59.9%
2023 · €29k
Total assets
€119k▲ 80.4%
2023 · €66k
Net result
€19k▲ 1,254%
2023 · €1k
Working capital
€18k▲ 197%
2023 · €6k
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
Line20202021202220232024
Operating result€12k-€15k▲ 30.4%€4k▼ 72.8%€2k▼ 51.3%€25k▲ 1,164%
Net result€11k-€12k▲ 12.0%€3k▼ 75.5%€1k▼ 52.5%€19k▲ 1,254%
Equity€14k-€25k▲ 73.9%€28k▲ 12.0%€29k▲ 5.1%€46k▲ 59.9%
Total assets€89k-€77k▼ 13.3%€71k▼ 7.5%€66k▼ 7.0%€119k▲ 80.4%
Debt€75k-€52k▼ 29.9%€44k▼ 16.8%€37k▼ 14.7%€73k▲ 96.5%
Working capital€-17k-€-6k▲ 63.2%€-3k▲ 59.7%€6k€18k▲ 197%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,164% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€54k ▲ 110%
Current assets
€65k ▲ 61.8%
Equity and liabilities €119k
Equity
€46k ▲ 59.9%
Debt
€73k ▲ 96.5%
Debt's share of the balance-sheet total rises from 56.1% to 61.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▲
2023 · €16k
Cash flow
€34k▲
2023 · €15k
Current ratio
1.39▲
2023 · 1.18
Quick ratio
1.08▲
2023 · 0.76
Debt to equity
1.57▲
2023 · 1.28
ROE
41.0%▲
2023 · 4.8%
ROA
16.0%▲
2023 · 2.1%
Interest coverage
39.17▼
2023 · 72.51
Debt ≤ 1 year
€47k▲
2023 · €34k
Debt > 1 year
€26k▲
2023 · €2k
Income taxes
€5k▲
2023 · €612
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3k | €3k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €12k | €14k | €14k | €15k | ▲ 4.9% |
| Other operating charges640/8 | - | €603 | €756 | €2k | €630 | ▼ 71.6% |
| Gross operating margin9900 | €31k | €31k | €21k | €18k | €41k | ▲ 123% |
| Operating profit (loss)9901 | €12k | €15k | €4k | €2k | €25k | ▲ 1,164% |
| Financial income75/76B | - | €505 | €245 | €243 | €61 | ▼ 75.0% |
| Recurring financial income75 | €322 | €505 | €245 | €243 | €61 | ▼ 75.0% |
| Financial charges65/66B | - | €494 | €631 | €220 | €1k | ▲ 363% |
| Recurring financial charges65 | €556 | €494 | €631 | €220 | €1k | ▲ 363% |
| Profit (loss) for the period before taxes9903 | €11k | €15k | €4k | €2k | €24k | ▲ 1,102% |
| Income taxes67/77 | €539 | €3k | €756 | €612 | €5k | ▲ 752% |
| Profit (loss) for the period9904 | €11k | €12k | €3k | €1k | €19k | ▲ 1,254% |
| Profit (loss) for the period to be appropriated9905 | €11k | €12k | €3k | €1k | €19k | ▲ 1,254% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89k | €77k | €71k | €66k | €119k | ▲ 80.4% |
| Fixed assets21/28 | €55k | €48k | €40k | €26k | €54k | ▲ 110% |
| Tangible fixed assets22/27 | €55k | €48k | €40k | €26k | €54k | ▲ 110% |
| Plant, machinery and equipment23 | - | €44k | €33k | €21k | €14k | ▼ 33.4% |
| Furniture and vehicles24 | - | €3k | €7k | €5k | €40k | ▲ 785% |
| Current assets29/58 | €34k | €29k | €31k | €40k | €65k | ▲ 61.8% |
| Stocks and contracts in progress3 | - | - | €5k | €14k | €14k | = |
| Stocks30/36 | - | - | €5k | €14k | €14k | = |
| Amounts receivable within one year40/41 | €21k | €18k | €6k | €11k | €13k | ▲ 10.2% |
| Trade receivables40 | - | €12k | €3k | €8k | €6k | ▼ 24.9% |
| Other amounts receivable41 | - | €6k | €3k | €4k | €7k | ▲ 89.7% |
| Current investments50/53 | €12k | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €11k | €20k | €15k | €36k | ▲ 147% |
| Deferred charges and accrued income490/1 | - | €629 | €313 | €105 | €3k | ▲ 2,302% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89k | €77k | €71k | €66k | €119k | ▲ 80.4% |
| Equity10/15 | €14k | €25k | €28k | €29k | €46k | ▲ 59.9% |
| Contributions10/11 | - | €5k | €5k | €5k | €5k | = |
| Reserves13 | €9k | €20k | €23k | €24k | €41k | ▲ 72.3% |
| Distributable reserves133 | - | €20k | €23k | €24k | €41k | ▲ 72.3% |
| Amounts payable17/49 | €75k | €52k | €44k | €37k | €73k | ▲ 96.5% |
| Amounts payable after more than one year17 | €24k | €17k | €9k | €2k | €26k | ▲ 993% |
| Financial debts170/4 | - | €17k | €9k | €2k | €26k | ▲ 993% |
| Amounts payable within one year42/48 | €51k | €36k | €34k | €34k | €47k | ▲ 37.6% |
| Current portion of amounts payable after more than one year42 | - | €7k | €7k | €7k | €10k | ▲ 40.0% |
| Trade debts44 | €9k | €2k | €279 | €2k | €9k | ▲ 476% |
| Suppliers440/4 | - | €2k | €279 | €2k | €9k | ▲ 476% |
| Taxes, remuneration and social security45 | - | €515 | €788 | - | - | - |
| Taxes450/3 | - | €515 | €788 | - | - | - |
| Other amounts payable47/48 | - | €26k | €26k | €26k | €29k | ▲ 11.2% |
| Accrued charges and deferred income492/3 | - | - | €57 | €472 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €12k | €3k | €1k | €19k | ▲ 1,254% |
| + Depreciation and write-downs630 | €18k | €12k | €14k | €14k | €15k | ▲ 4.9% |
| Operating cash flow (approximation) | €29k | €24k | €16k | €15k | €34k | ▲ 119% |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | €0 | €-43k | - |
| Change in cash | - | - | €9k | €-5k | €21k | ▲ 502% |
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
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €19k ▲1,254%
Operating result €25k, net result €19k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €1k ▼52.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Lendelede · 1 establishment unit since 2019
Ground area
447 m²
Building footprint
127 m²
Volume, LiDAR
679 m³
Parcel 34025D0329/00A002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEERNAERT PEDRO
since 20192.290.135.653
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025D0329/00A002 | Flanders | 447 m² | 1 · 127 m² | 9.7 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 155 EUR awarded · 155 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 155 EUR | 155 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 1,995 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
Founded05-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.