HEFIMO
ActiveSummary
HEFIMO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €252,600 and a net result of €72,990. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 52% of 19,156 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-02-1993 Normal situation
- Activity
- Real estate agency activities NACE 68310and 2 others
- Establishment unit
- 2.061.157.849 9660 Brakel, since 03-03-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 16-01-2026
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €615,267
- ▼ 0.4%
- Turnover
- ≈ €1.5m
- estimated
- Profit
- €72,990
- ▼ 20.7%
- Equity
- €252,600
- ▲ 11.0%
- Total assets
- €748,403
- ▲ 0.9%
- Employees on 31-12-2024
- 8
- =
- 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed on 22-08-2025)lowers riskSize: total assets €748,403Sector: Real estate activities (NACE 68)Founded in 1993Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 52% of them on solvency, 31% on liquidity, 49% on profitability and 67% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 35 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 21-08-2025 PDF all 32 filings
Every figure per financial year
The operating result for 2024 is 7% lower than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 8 | 9 | 8 | 8 |
| full-time | 7 | 8 | 7 | 7 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 6.4 | 8.1 | 7.4 | 7.1 |
| Average over the year, in full-time equivalents | 6.4 | 8.1 | 7.4 | 6.9 |
| On a permanent contract | 8 | 9 | 8 | 8 |
| Joined | 1 | 1 | 1 | 1 |
| Left | 0 | 0 | 2 | 1 |
Source: social balance sheet in the 2021 to 2024 annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €368,598 | €508,147 | €506,189 | €511,186 | ▲ 1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,904 | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €2,978 | €3,035 | €3,320 | €3,461 | ▲ 4.3% |
| Gross operating margin9900 | €529,242 | €585,792 | €470,817 | €444,790 | €586,102 | €617,729 | €615,267 | ▼ 0.4% |
| Operating profit (loss)9901 | €55,637 | €93,078 | €90,377 | €73,214 | €74,921 | €108,220 | €100,619 | ▼ 7.0% |
| Financial income75/76B | - | - | - | - | €0 | €0 | €7 | ▲ 223× |
| Recurring financial income75 | - | - | €0 | - | €0 | €0 | €7 | ▲ 223× |
| Financial charges65/66B | - | - | - | €515 | €452 | €651 | €13,970 | ▲ 21× |
| Recurring financial charges65 | €885 | €486 | €487 | €515 | €452 | €651 | €13,970 | ▲ 21× |
| Profit (loss) for the period before taxes9903 | €54,752 | €92,592 | €89,890 | €72,700 | €74,468 | €107,569 | €86,655 | ▼ 19.4% |
| Income taxes67/77 | €9,369 | €16,205 | €13,361 | €8,230 | €9,486 | €15,528 | €13,666 | ▼ 12.0% |
| Profit (loss) for the period9904 | €45,383 | €76,387 | €76,530 | €64,470 | €64,982 | €92,041 | €72,990 | ▼ 20.7% |
| Profit (loss) for the period to be appropriated9905 | €45,383 | €76,387 | €76,530 | €64,470 | €64,982 | €92,041 | €72,990 | ▼ 20.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €625,309 | €652,110 | €658,837 | €704,394 | €779,510 | €741,979 | €748,403 | ▲ 0.9% |
| Fixed assets21/28 | €362,636 | €362,636 | €362,636 | €362,636 | €362,636 | €362,636 | €362,636 | = |
| Tangible fixed assets22/27 | €362,456 | €362,456 | €362,456 | €362,456 | €362,456 | €362,456 | €362,456 | = |
| Land and buildings22 | - | - | - | €362,456 | €362,456 | €362,456 | €362,456 | = |
| Financial fixed assets28 | €180 | €180 | €180 | €180 | €180 | €180 | €180 | = |
| Current assets29/58 | €262,673 | €289,473 | €296,201 | €341,757 | €416,874 | €379,342 | €385,767 | ▲ 1.7% |
| Amounts receivable within one year40/41 | €142,743 | €135,755 | €92,994 | €122,219 | €162,017 | €158,182 | €179,360 | ▲ 13.4% |
| Trade receivables40 | - | - | - | €118,449 | €152,733 | €157,710 | €174,756 | ▲ 10.8% |
| Other amounts receivable41 | - | - | - | €3,770 | €9,283 | €472 | €4,604 | ▲ 875% |
| Cash at bank and in hand54/58 | €119,764 | €153,719 | €181,314 | €198,624 | €233,931 | €200,211 | €139,480 | ▼ 30.3% |
| Deferred charges and accrued income490/1 | - | - | - | €20,915 | €20,927 | €20,949 | €66,927 | ▲ 219% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €625,309 | €652,110 | €658,837 | €704,394 | €779,510 | €741,979 | €748,403 | ▲ 0.9% |
| Equity10/15 | €117,201 | €143,588 | €170,118 | €184,587 | €199,569 | €227,610 | €252,600 | ▲ 11.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €55,201 | €81,588 | €108,118 | €122,587 | €137,569 | €165,610 | €190,600 | ▲ 15.1% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | - | €116,387 | €131,369 | €159,410 | €184,400 | ▲ 15.7% |
| Amounts payable17/49 | €508,108 | €508,521 | €488,719 | €519,806 | €579,941 | €514,369 | €495,804 | ▼ 3.6% |
| Amounts payable within one year42/48 | €505,841 | €506,209 | €486,264 | €517,215 | €576,633 | €511,147 | €495,804 | ▼ 3.0% |
| Trade debts44 | €52,418 | €58,218 | €41,344 | €46,195 | €72,619 | €58,076 | €67,775 | ▲ 16.7% |
| Suppliers440/4 | - | - | - | €46,195 | €72,619 | €58,076 | €67,775 | ▲ 16.7% |
| Taxes, remuneration and social security45 | - | - | - | €68,563 | €87,048 | €86,939 | €88,977 | ▲ 2.3% |
| Taxes450/3 | - | - | - | €26,614 | €32,674 | €34,036 | €37,609 | ▲ 10.5% |
| Remuneration and social security454/9 | - | - | - | €41,950 | €54,375 | €52,903 | €51,368 | ▼ 2.9% |
| Other amounts payable47/48 | - | - | - | €402,457 | €416,966 | €366,132 | €339,051 | ▼ 7.4% |
| Accrued charges and deferred income492/3 | - | - | - | €2,591 | €3,308 | €3,222 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,383 | €76,387 | €76,530 | €64,470 | €64,982 | €92,041 | €72,990 | ▼ 20.7% |
| + Depreciation and write-downs630 | €21,904 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €67,286 | €76,387 | €76,530 | €64,470 | €64,982 | €92,041 | €72,990 | ▼ 20.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €33,955 | €27,596 | €17,310 | €35,307 | -€33,720 | -€60,731 | ▼ 80.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as HEFIMO has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HEFIMO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for HEFIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 21-08-2025 | 2025-00392221 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00272060 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00334562 | |
| 31-12-2021 | micro format | 07-10-2022 | 2022-20453884 | |
| 31-12-2020 | micro format | 10-08-2021 | 2021-47100263 | |
| 31-12-2019 | micro format | 09-11-2020 | 2020-69800166 | |
| 31-12-2018 | micro format | 10-10-2019 | 2019-69200349 | |
| 31-12-2017 | full format | 18-09-2018 | 2018-63200132 | |
| 31-12-2016 | micro format | 05-10-2017 | 2017-66100090 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-48000051 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-07-2024 Capital stated in the deed · €62,000 · 249 shares
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| FILMOR BV |
|
| HENMOR B. Ver. |
|
| MORREELS LUCIEN |
|
| VAN DEN DOOREN MARIE-ODILLE |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 3 directors“Overblijvende bestuurders hebben recht nieuwe bestuurder te coöpteren wanneer plaats openvalt vóór einde mandaat, 6 jaar”
Articles of association, deed of 19-07-2024 (in Dutch)
Network & group
HEFIMO shares no director with another company.
Companies at the same address
2 other companiesConnections & network
4 current directorsThe network starts from the directors of HEFIMO. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
23-07
Gazette deed
Permanent representatives: MORREELS Filip and MORREELS Hendrik“Het toeleveren en fabriceren van mechanische onderdelen; Het aanleggen,het oordeelkundig uitbouwen en beheren…” (deed in Dutch)5 points ▸
- General meeting, 18-07-2024
- Amendment of the articles, article 3
- Permanent representative, MORREELS Filip
- Permanent representative, MORREELS Hendrik
- Power of attorney, Elsje Vanderlinden
- The deed holds 1 more point.
19-07
Gazette deed
Amendment of the articlesGeneral meeting of 23-01-20243 points ▸
- General meeting, 23-01-2024
- Capital, €62,000, 249 shares
- Registered office clause, Fayte 39, 9660 Brakel
- The deed holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het toeleveren en fabriceren van mechanische onderdelen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend en onroerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm;het zich borg stellen of aval verlenen,het verlenen van zakelijke borgen op haar activa,in de meest ruime zin;alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Het verlenen van diensten en adviezen aan derden in het algemeen.
- Het verwerven van participaties,in eender welke vorm,in alle bestaande of op te richten rechtspersonen of ondernemingen;het stimuleren,plannen en coördineren van de ontwikkeling van voormelde rechtspersonen of ondernemingen.
- Het waarnemen van bestuursopdrachten en –mandaten,het waarnemen van vereffenaarsopdrachten en –mandaten,het uitoefenen van opdrachten en functies.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten en technologieën en hun toepassingen;het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële vaste activa;
- De aan- en verkoop,evenals de in- en uitvoer van om het even welke goederen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 45012A1377/00H000 | Flanders | 3,429 m² | 1 · 215 m² | 9.2 m · 2 |