HEGRO
ActiveHEGRO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €463k and a net result of €-22k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 95% of 8589 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 78.96 against 85.62 in 2024), and 1.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€22k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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 · 10 filingsDeviation from the deadline
2025
23 d late
2024
26 d late
2023
1 d late
2022
24 d late
2021
on the day
2020
1 d late
2019
49 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€463k▼ 4.5%
2024 · €485k
2019: €358k
2020: €399k
2021: €416k
2022: €468k
2023: €506k
2024: €485k
2019 → 2025
Total assets
€469k▼ 4.4%
2024 · €490k
2019: €371k
2020: €400k
2021: €479k
2022: €490k
2023: €548k
2024: €490k
2019 → 2025
Net result
€-22k▼ 2.6%
2024 · €-21k
2019: €80k
2020: €42k
2021: €17k
2022: €52k
2023: €38k
2024: €-21k
2019 → 2025
Working capital
€463k▼ 3.0%
2024 · €477k
2019: €352k
2020: €398k
2021: €415k
2022: €441k
2023: €487k
2024: €477k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€416k-€468k▲ 12.6%€506k▲ 8.1%€485k▼ 4.2%€463k▼ 4.5%
Operating result€23k-€72k▲ 212%€53k▼ 25.9%€-21k€-22k▼ 4.9%
Net result€17k-€52k▲ 212%€38k▼ 27.2%€-21k€-22k▼ 2.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €21k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €469k
Equity
€463k▼ 4.5%
Debt
€6k▲ 5.2%
The debt ratio rises from 1.2% to 1.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-16k▼
2024 · €-10k
Cash flow
€-16k▼
2024 · €-10k
Solvency
98.7%▼
2024 · 98.8%
Current ratio
78.96▼
2024 · 85.62
Quick ratio
78.96▼
2024 · 85.62
Debt / equity
0.01▲
2024 · 0.01
ROE
-4.7%▼
2024 · -4.4%
ROA
-4.6%▼
2024 · -4.3%
Interest coverage
-248.58▼
2024 · -73.36
Debt
€6k▲
2024 · €6k
Debt ≤ 1 year
€6k▲
2024 · €6k
Income taxes
€380▼
2024 · €383
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€490k€469k▼
Fixed assets21/28€7k-
Tangible fixed assets22/27€7k-
Furniture and vehicles24€7k-
Current assets29/58€483k€469k▼
Amounts receivable within one year40/41€418k€424k▲
Trade receivables40€363-
Other amounts receivable41€418k€424k▲
Cash at bank and in hand54/58€63k€44k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€490k€469k▼
Equity10/15€485k€463k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€470k€449k▼
Amounts payable17/49€6k€6k▲
Amounts payable within one year42/48€6k€6k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€6k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-9k€-14k▼
Operating profit (loss)9901€-21k€-22k▼
Financial income75/76B€542€961▲
Recurring financial income75€542€961▲
Financial charges65/66B€134€66▼
Recurring financial charges65€134€66▼
Profit (loss) for the period before taxes9903€-21k€-21k▼
Income taxes67/77€383€380▼
Profit (loss) for the period9904€-21k€-22k▼
Profit (loss) for the period to be appropriated9905€-21k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€470k€449k▼
Profit (loss) brought forward from the previous period14P€492k€470k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 23 days late
2025
30-06
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
30-06
Financial
Liquidity times 7current ratio 85.62
Current ratio from 12.51 to 85.62; short-term debt falls from €42k to €6k.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-06
Financial
Equity above €500kEq €506k ▲8.1%
5 profitable years in a row build equity to €506k.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
30-06
Financial
Liquidity triplescurrent ratio 21.29
Current ratio from 7.54 to 21.29; short-term debt falls from €63k to €22k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Liquidity times 11current ratio 291.08
Current ratio from 27.42 to 291.08; short-term debt falls from €13k to €1k.
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Stabroek · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veldstraat 152940 StabroekGround area
274 m²
Building footprint
95 m²
Volume, LiDAR
491 m³
Parcel 11044A0028/00M003, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEGRO
since 20152.238.808.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11044A0028/00M003 | Flanders | 274 m² | 1 · 95 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 35,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2014
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:LUDO@SCANROADBELGIUM.BE
Phone:036642155