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Foreign entityfounded 2013active for 13 yearsAvenue de l'Opéra 15, 75001 Paris, FranceKBO/BCE: BE 0534.850.773

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HEKDO has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The 2020 annual accounts show equity of €23.6m and a net result of -€31,315. Equity remains stable across the filed financial years (±1% per year). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2020, full format

2021 annual accounts not yet filed, deadline passed on 31 July 2022 Financial year closed on 31 December 2021; filing due at the latest 7 months after the close (Companies Code art. 3:10). 5 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.

Latest annual accounts filed

Annual accounts 2020

Download PDF
Financial year ended
31-12-2020
Filed on
25-08-2021
Format
full format
Reference
2021-53200327
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€31,315
2019 · €487,481
Working capital
-€4.2m
2019 · €6.6m
Trend over the years

2018 to 2020, 3 financial years 2018 to 2020, 3 financial years

The operating result stays negative: a loss of €249,024 in 2020 against €217,280 in 2019; the loss grows and 2020 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.2m 2020 Net result-€0.03m 2020

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020
Operating result-€0.2m--€0.2m▲ 9.3%-€0.2m▼ 14.6%
Net result-€0.6m-€0.5m-€0.03m
Equity€23.2m-€23.7m▲ 2.1%€23.6m▼ 0.1%
Total assets€35.8m-€37.1m▲ 3.7%€39.7m▲ 7.1%
Debt€12.6m-€13.4m▲ 6.5%€16.1m▲ 19.9%
Working capital€7.1m-€6.6m▼ 7.0%-€4.2m
Staff (FTE)0.3-
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €39.7m
Fixed assets €27.8m ▲ 10.5%
Current assets €11.9m ▲ 0.1%
Equity and liabilities €39.7m
Equity €23.6m ▼ 0.1%
Debt €16.1m ▲ 19.9%
Debt's share of the balance-sheet total rises from 36.2% to 40.5%. Equity is lower and debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
-€153,325▼
2019 · -€121,169
Cash flow
€64,384▼
2019 · €583,592
Current ratio
0.74▼
2019 · 2.27
Debt to equity
0.00▼
2019 · 0.34
ROE
-0.1%▼
2019 · 2.1%
ROA
-0.1%▼
2019 · 1.3%
Debt ≤ 1 year
€16.1m▲
2019 · €5.2m
Debt > 1 year
€0▼
2019 · €8.1m
Income taxes
-€39▼
2019 · €39
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 26 lines

Source: Annual accounts 2020 (PDF), filed with the National Bank on 25-08-2021.

Balance sheet Code20192020
Assets
Total assets20/58€37.1m€39.7m▲
Fixed assets21/28€25.2m€27.8m▲
Tangible fixed assets22/27€3.5m€3.4m▼
Financial fixed assets28€21.7m€24.4m▲
Current assets29/58€11.9m€11.9m▲
Amounts receivable within one year40/41€2.8m€2.9m▲
Current investments50/53€8.1m€8.1m▲
Cash at bank and in hand54/58€0.7m€0.4m▼
Equity and liabilities
Total equity and liabilities10/49€37.1m€39.7m▲
Equity10/15€23.7m€23.6m▼
Contributions10/11€8.1m€8.1m=
Reserves13€0.8m€15.6m▲
Profit (loss) carried forward14€14.8m-
Amounts payable17/49€13.4m€16.1m▲
Amounts payable after more than one year17€8.1m€0▼
Amounts payable within one year42/48€5.2m€16.1m▲
Trade debts44€0.03m€0.03m▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▼
Gross operating margin9900-€0.09m-€0.1m▼
Operating profit (loss)9901-€0.2m-€0.2m▼
Recurring financial income75€0.6m€0.4m▼
Recurring financial charges65-€0.2m€0.2m▲
Profit (loss) for the period before taxes9903€0.5m-€0.03m▼
Income taxes67/77€39-€39▼
Profit (loss) for the period9904€0.5m-€0.03m▼
Profit (loss) for the period to be appropriated9905€0.5m-€0.03m▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m€0.1m▼ 0.4%
Gross operating margin9900-€0.1m-€0.09m-€0.1m▼ 21.9%
Operating profit (loss)9901-€0.2m-€0.2m-€0.2m▼ 14.6%
Recurring financial income75€0.6m€0.6m€0.4m▼ 41.8%
Recurring financial charges65€1.0m-€0.2m€0.2m-
Profit (loss) for the period before taxes9903-€0.6m€0.5m-€0.03m-
Income taxes67/77-€0.04m€39-€39-
Profit (loss) for the period9904-€0.6m€0.5m-€0.03m-
Profit (loss) for the period to be appropriated9905-€0.6m€0.5m-€0.03m-
Line201820192020Change
Assets
Total assets20/58€35.8m€37.1m€39.7m▲ 7.1%
Fixed assets21/28€23.8m€25.2m€27.8m▲ 10.5%
Tangible fixed assets22/27€3.6m€3.5m€3.4m▼ 2.7%
Financial fixed assets28€20.1m€21.7m€24.4m▲ 12.6%
Current assets29/58€12.0m€11.9m€11.9m▲ 0.1%
Amounts receivable within one year40/41€1.5m€2.8m€2.9m▲ 3.6%
Current investments50/53€9.0m€8.1m€8.1m▲ 0.7%
Cash at bank and in hand54/58€1.2m€0.7m€0.4m▼ 35.9%
Equity and liabilities
Total equity and liabilities10/49€35.8m€37.1m€39.7m▲ 7.1%
Equity10/15€23.2m€23.7m€23.6m▼ 0.1%
Contributions10/11€8.1m€8.1m€8.1m=
Reserves13€0.8m€0.8m€15.6m▲ 20×
Profit (loss) carried forward14€14.3m€14.8m--
Amounts payable17/49€12.6m€13.4m€16.1m▲ 19.9%
Amounts payable after more than one year17€7.4m€8.1m€0▼ 100%
Amounts payable within one year42/48€4.9m€5.2m€16.1m▲ 207%
Trade debts44€0.02m€0.03m€0.03m▼ 13.0%
Line201820192020Change
Profit (loss) for the period9904-€0.6m€0.5m-€0.03m-
+ Depreciation and write-downs630€0.1m€0.1m€0.1m▼ 0.4%
Operating cash flow (approximation)-€0.5m€0.6m€0.06m▼ 89.0%
Investment in fixed assets (approximation)--€1.5m-€2.7m▼ 77.7%
Change in cash--€0.6m-€0.2m▲ 56.5%

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

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Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2020 full format 25-08-2021 2021-53200327 PDF
31-12-2019 full format 26-10-2020 2020-63100592 PDF
31-12-2018 full format 04-07-2019 2019-29000071 PDF
31-12-2017 full format 02-08-2018 2018-43000205 PDF
31-12-2016 full format 19-07-2017 2017-34800149 PDF
31-12-2015 full format 26-07-2016 2016-35300492 PDF
31-12-2014 full format 30-07-2015 2015-38100437 PDF

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.