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Checked.be
Complete company report
Generated 05-09-2026
Active BE 0767.855.364Private limited companyOpen bankruptcy

HEF

· 5 yrs active
Sector: Postal and courier activities (53100)
Conclusion Checked

A bankruptcy procedure is open for HEF according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-191k) and a net result of €-213k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-191k
Net result €-213k
Better than sector 9%
Active 5 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability100Solvency33Growth32Stability0
33 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 33
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Checked score FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
15 2021
76 2022
7 2023
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 0.47 (< 1.0) -10
Quick ratio Quick ratio 0.47 (< 0.6) -5
Equity Negative equity -25
Profitability ROE 112% (≥ 10%) +10
Interest coverage Interest coverage -40.5× (< 1.5×) -10
Profit trend Net profit down YoY -3
Bankruptcy Open bankruptcy -60
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 28-08-2024 with the NBB · fiscal year 2023 · micro schema
€-300k€-200k€-100k€0Operating result 2021: €-11k€-11kNet result 2021: €-11k€-11kOperating result 2022: €35k€35kNet result 2022: €26k€26kOperating result 2023: €-209k€-209kNet result 2023: €-213k€-213k202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 53, Postal and courier activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -72.4% 31.5%
better than 9% of 711 sector peers
Net result €-213k €4k
better than 5% of 712 sector peers
Equity €-191k €26k
better than 5% of 713 sector peers
Gross operating margin €-197k €32k
better than 5% of 708 sector peers
Total assets €264k €92k
better than 81% of 712 sector peers
EBITDA
€-204k
- 21-23
Net profit
€-213k
- 21-23
Cash flow
€-208k
- 21-23
Total assets
€264k
+39.0% 21-23
Equity
€-191k
- 21-23
Working capital
€-239k
- 21-23
Income taxes
€5k
- 21-23
Debt
€454k
+171.3% 21-23
Debt ≤ 1y
€453k
+189.6% 21-23
Current ratio
0.47
-56.6% 21-23
Quick ratio
0.47
-56.6% 21-23
Solvency
-72.4%
- 21-23
Debt / equity
-2.38
- 21-23
ROE
111.6%
-5.2% 21-23
ROA
-80.8%
- 21-23
Interest coverage
-40.48
- 21-23
Figures by fiscal year and ratios
Fiscal year202320222021
Depositmicro schemamicro schemamicro schema
Revenue---
EBITDA€-204k€35k€-11k
Net profit€-213k€26k€-11k
Cash flow€-208k€27k€-11k
Staff costs---
Income taxes-€5k-
Dividends---
Total assets€264k€190k€36k
Equity€-191k€22k€-4k
Debt€454k€168k€40k
of which ≤ 1y€453k€156k€40k
of which > 1y---
Working capital€-239k€14k€-6k
Employees (FTE)---
Ratios (computed)
202320222021
Current ratio0.471.090.85
Quick ratio0.471.090.85
Working capital ratio-90.7%7.2%-17.1%
Solvency-72.4%11.7%-11.1%
Debt / equity-2.387.54-10.03
Long-term debt ratio---
Interest coverage-40.489.56-103.48
Gross margin---
Net margin---
ROA-80.8%13.8%-32.1%
ROE111.6%117.8%290.1%
EBITDA margin---
Days sales outstanding---
Days payable outstanding---
Inventory turnover---
Days inventory (DSI)---
Balance-sheet composition 2023
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code202320222021
Balance sheet, Assets
TOTAL ASSETS 20/58€264k€190k€36k
Fixed assets 21/28€50k€20k€2k
Tangible fixed assets 22/27€36k€13k€268
Financial fixed assets 28€14k€7k€2k
Current assets 29/58€214k€170k€33k
Amounts receivable within one year 40/41€208k€163k€25k
Cash & bank 54/58€6k€349€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€264k€190k€36k
Equity 10/15€-191k€22k€-4k
Contributions / capital 10/11€8k€8k€8k
Reserves 13€15k€15k-
Accumulated profits (losses) 14€-213k€0€-11k
Amounts payable 17/49€454k€168k€40k
Amounts payable within one year 42/48€453k€156k€40k
Trade debts payable within one year 44€421k€141k€40k
Income statement
Gross operating margin 9900€-197k€36k€-11k
Operating result 9901€-209k€35k€-11k
Financial income 75€779€190€32
Financial charges 65€5k€4k€110
Result before taxes 9903€-213k€31k€-11k
Income taxes 67/77-€5k-
Net result for the period 9904€-213k€26k€-11k
Result to be appropriated 9905€-213k€26k€-11k
Directors & mandates 1 directors
Current directors & mandates
  • Maninder Singh
    Mede bestuurder
    State Gazette act 22066297 (02-06-2022)
    Current
    09-04-2022 → present
Directors & mandates1 person
Role Name Tenure
Curator MARC LEEMANS
PLANTINKAAI 24, 2000 ANTWERPEN 1
 05-06-2025 → present
Legal Structure
NACE primary Postal and courier activities(53100)
Legal form Private limited company(610)
Incorporation05-05-2021
StatusActive
Postal code-
First insolvency signal 12-06-2025
Latest insolvency signal 12-06-2025
Establishment units 1 location
HEF
Siemenslaan 16, 3650 Dilsen-StokkemRetail trade
since 20212.316.803.626
Real-estate footprint Source: CBE × cadastre
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73043B0217/00G002 Flanders 8,203 m² 1 · 2.4 ha -
11016B0717/00V004 Flanders 4,434 m² 1 · 2,718 m² 9.7 m
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events
2025
25-07
KBO administration Address struck
Peepolderlaan 6 bus Die Sitzadresse Peepolderlaan 6 Bfk. D 2910 2910 Essen · event 17-05-2025
12-06
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HEF BV PEEPOLDERLAAN 6 BUS D, 2910 ESSEN · event 05-06-2025
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Weakest financial yearnet €-213k ▼914%
Net result drops to €-213k, the lowest in the series.
06-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial Back to profitnet €26k
Net result €26k after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
02-06
State Gazette act Capital & shares
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals2 events
25-07-2025
KBO administration Address struck
Date: 17-05-2025 · Peepolderlaan 6 bus Die Sitzadresse Peepolderlaan 6 Bfk. D 2910 2910 Essen · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 17-05-2025 to 05-06-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-12 · Bankruptcy · Opening2025-07-25 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
02-06-2022
Capital change
All acts · 1 updated 4 years ago
2022
02-06-2022 Restructuring of share classes Capital & shares
Technical details 
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Credit advice verdict per customer and amount

No credit: a bankruptcy procedure is open.

Company registry (CBE) Crossroads Bank
Activities
Postal and courier activities53100Other non-specialised retail sale47120Retail trade47910Freight transport by road49410Other postal and courier activities53200IT consultancy62020Computer consultancy and computer facilities management62200Computing infrastructure, data processing, hosting and related activities63100Computing infrastructure, data processing, hosting and other information service activities63110Activities of head offices; management consultancy activities70210Public relations and communication consultancy73300Office administrative and support services82100Office administrative, office support and other business support activities82110Office administrative, office support and other business support activities82920Other business support services82990Other personal services96999
Names & trade names
Legal nameNL HEF
Registration history
  1. 17-05-2025 Address struck
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative