HEKRI
ActiveHEKRI has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €175k. Equity is growing by ~92.1% per year across the filed fiscal years. Its solvency ranks better than 89% of 3609 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 4.81 in 2024), and 25.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.9%
Return on assets
12.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
72 d late
2022
31 d late
2021
11 d early
2020
30 d late
2019
60 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.06M▲ 19.7%
2024 · €889k
2018: €19k
2019: €20k
2020: €66k
2021: €176k
2022: €380k
2023: €655k
2024: €889k
2018 → 2025
Total assets
€1.42M▲ 16.2%
2024 · €1.22M
2018: €123k
2019: €185k
2020: €212k
2021: €398k
2022: €616k
2023: €863k
2024: €1.22M
2018 → 2025
Net result
€175k▼ 25.1%
2024 · €234k
2018: €451
2019: €296
2020: €47k
2021: €109k
2022: €204k
2023: €275k
2024: €234k
2018 → 2025
Working capital
€338k▼ 52.3%
2024 · €709k
2018: €21k
2019: €-5k
2020: €46k
2021: €102k
2022: €275k
2023: €564k
2024: €709k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€176k-€380k▲ 116%€655k▲ 72.3%€889k▲ 35.7%€1.06M▲ 19.7%
Operating result€144k-€269k▲ 86.8%€374k▲ 39.0%€349k▼ 6.8%€263k▼ 24.6%
Net result€109k-€204k▲ 86.5%€275k▲ 34.6%€234k▼ 14.8%€175k▼ 25.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.42M
Fixed assets
€851k▲ 160%
Current assets
€569k▼ 36.4%
Equity and liabilities €1.42M
Equity
€1.06M▲ 19.7%
Debt
€357k▲ 7.0%
The debt ratio falls from 27.3% to 25.1%: equity grows faster than debt.
Key figures and ratios
EBITDA
€330k▼
2024 · €418k
Cash flow
€242k▼
2024 · €303k
Solvency
74.9%▲
2024 · 72.7%
Current ratio
2.46▼
2024 · 4.81
Quick ratio
2.36▼
2024 · 4.76
Debt / equity
0.34▼
2024 · 0.38
ROE
16.5%▼
2024 · 26.3%
ROA
12.3%▼
2024 · 19.1%
Interest coverage
28.07▼
2024 · 34.75
Debt
€357k▲
2024 · €333k
Debt ≤ 1 year
€231k▲
2024 · €186k
Debt > 1 year
€113k▼
2024 · €135k
Income taxes
€77k▼
2024 · €103k
Staff costs
€77k▼
2024 · €111k
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€1.22M€1.42M▲
Fixed assets21/28€328k€851k▲
Tangible fixed assets22/27€319k€263k▼
Plant, machinery and equipment23€19k€18k▼
Furniture and vehicles24€194k€141k▼
Other tangible fixed assets26€105k€104k▼
Financial fixed assets28€9k€588k▲
Current assets29/58€895k€569k▼
Stocks and contracts in progress3€9k€25k▲
Stocks30/36€9k€25k▲
Amounts receivable within one year40/41€21k€1k▼
Trade receivables40€12k€1k▼
Other amounts receivable41€9k-
Cash at bank and in hand54/58€863k€539k▼
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.42M▲
Equity10/15€889k€1.06M▲
Contributions10/11€19k€19k=
Reserves13€270k€440k▲
Non-distributable reserves130/1€323€323=
Reserves not available under the articles1311€323€323=
Distributable reserves133€269k€439k▲
Profit (loss) carried forward14€600k€605k▲
Amounts payable17/49€333k€357k▲
Amounts payable after more than one year17€135k€113k▼
Financial debts170/4€78k€59k▼
Other amounts payable178/9€57k€54k▼
Amounts payable within one year42/48€186k€231k▲
Current portion of amounts payable after more than one year42€27k€19k▼
Trade debts44€75k€107k▲
Suppliers440/4€75k€107k▲
Taxes, remuneration and social security45€83k€105k▲
Taxes450/3€63k€83k▲
Remuneration and social security454/9€20k€22k▲
Accrued charges and deferred income492/3€12k€13k▲
Income statement
Code20242025
Non-recurring operating income76A-€8k
Remuneration, social security and pensions62€111k€77k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€67k▼
Other operating charges640/8€11k€13k▲
Gross operating margin9900€541k€421k▼
Operating profit (loss)9901€349k€263k▼
Financial income75/76B€5€275▲
Recurring financial income75€5€275▲
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€337k€252k▼
Income taxes67/77€103k€77k▼
Profit (loss) for the period9904€234k€175k▼
Profit (loss) for the period to be appropriated9905€234k€175k▼
Appropriation of the result
Profit (loss) to be appropriated9906€830k€775k▼
Profit (loss) brought forward from the previous period14P€596k€600k▲
Transfer to equity691/2€230k€170k▼
To other reserves6921€230k€170k▼
Social balance
Average headcount (FTE)90871.62.1▲
The notes to these accounts (18 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €1MEq €1.06M ▲19.7%
8 profitable years in a row build equity to €1.06M.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 72 days late
2023
31-12
Financial
Highest result since 2018net €275k ▲34.6%
Operating result €374k, net result €275k, both a record.
31-12
Financial
Equity above €500kEq €655k ▲72.3%
6 profitable years in a row build equity to €655k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €200kEq €380k ▲116%
5 profitable years in a row build equity to €380k.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €176k ▲165%
4 profitable years in a row build equity to €176k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 0.91 to 2.25; short-term debt falls from €56k to €37k.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Weakest financial yearnet €296 ▼34.4%
Net result drops to €296, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
SANTERMANS Herman
CurrentDirector · since 10-01-2025
10-01-2025
Appointed as Director
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 1997
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.
Badderijstraat 143500 HasseltGround area
435 m²
Building footprint
431 m²
Volume, LiDAR
2,026 m³
Parcel 71022H0128/00H000, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
The Barrel
since 19972.084.664.216
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0128/00H000 | Flanders | 435 m² | 1 · 431 m² | 10.7 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.084.664.216
Similar companies · same sector, comparable size
TRAITEUR DUCHATEAU
BE 0835.210.976
Brussel · Eq €1.06M
JEPIKO
BE 0465.766.482
Deinze · Eq €1.06M
DE MIKKE
BE 0423.223.569
Koksijde · Eq €1.07M
Atelier Groot Eiland
BE 0430.686.037
Sint-Jans-Molenbeek · Eq €1.07M
SHELTERKONING
BE 0549.815.695
Laakdal · Eq €1.07M
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 3,972 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-1997
Fiscal year end31-12
Activities, NACEBEL
55301
55401
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.