Equity
hell yeah paid out €11,889 in dividends. That is 100% of the 2025 profit.
hell yeah paid out €11,889 in dividends. That is 100% of the 2025 profit.
The micro format states no turnover.
Of this, €37,174 falls due within a year.
Green is investment, beige is depreciation. Machinery stands 35.2% higher than in 2024.
Short-term debts fell from €40,163 to €37,174.
The last five annual accounts were filed 1 to 102 days before the end of the period.
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 31% of them on solvency, 27% on liquidity, 67% on profitability and 43% on growth.
The bankruptcy probability was computed on 06-11-2026 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 31-12-2025.
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).
In July 2024, 6,713 companies had the same profile as hell yeah has now. Each dot stands for 17 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of hell yeah itself is lower: 0.3% within 12 months. It rests on far more data about hell yeah than the profile alone.
The method was tested on the 497,447 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 6,713 companies, not a prediction for hell yeah. 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.
Liquidity is insufficient, with a current ratio of 0.89 (1.3 in 2024), below 1. Short-term debt is 53.5% and cash 17% of total assets. 73.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| hell yeah Kalmthout | €69,515 | €37,007 | 26.8% | - |
| 200 OK Antwerp | €80,571 | €40,920 | 32.9% | - |
| Freddy Dezeure Wezembeek-Oppem | €74,044 | €39,016 | 73.3% | - |
| FIRST FORWARD Liège | €72,382 | €41,169 | 54.8% | - |
| 10 Fingers Media Sint-Gillis (bij-Brussel) | €62,187 | €41,446 | 11.7% | - |
| Toutcourt Sint-Niklaas | €61,453 | €34,542 | 62.9% | - |
| KWESTIE VAN ORGANISATIE Ghent | €76,792 | €32,470 | 83.3% | - |
These companies have the same main activity as hell yeah: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €61,500 and €80,600, founded between 2016 and 2018.
hell yeah files the micro format. That format states no turnover. The gross margin rose from €5,842 in 2017 to €37,007 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €69,000 and €140,000.
Higher than 29% of 8,603 companies in 2025.
Higher than 20% of 8,281 companies in 2025.
Higher than 62% of 8,390 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
69,515 | 58,763 | 64,468 | 44,844 | 59,931 | 61,675 | 104,186 | 58,260 | 58,710 | |
21/28 |
36,446 | 6,585 | 8,458 | 3,940 | 2,445 | 1,273 | 68,304 | 29,288 | 36,870 | |
22/27 |
36,446 | 6,585 | 8,458 | 3,940 | 2,445 | 1,273 | 68,304 | 29,288 | 36,870 | |
23 |
8,174 | 6,046 | 7,183 | 2,597 | 142 | 567 | 992 | 766 | - | |
24 |
28,272 | 539 | 1,275 | 1,343 | 2,303 | 706 | 67,312 | 28,522 | 36,870 | |
29/58 |
33,069 | 52,178 | 56,010 | 40,904 | 57,486 | 60,403 | 35,882 | 28,972 | 21,840 | |
40/41 |
18,525 | 21,193 | 21,950 | 24,448 | 26,992 | 17,554 | 24,519 | 15,602 | 12,342 | |
40 |
15,871 | 11,282 | 11,282 | 15,456 | 21,244 | 11,411 | 15,338 | 12,815 | 12,342 | |
41 |
2,654 | 9,911 | 10,668 | 8,993 | 5,749 | 6,143 | 9,181 | 2,787 | - | |
54/58 |
11,796 | 30,985 | 32,217 | 14,741 | 30,494 | 40,210 | 10,153 | 13,370 | 9,498 | |
490/1 |
2,748 | - | 1,843 | 1,715 | - | 2,639 | 1,209 | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
69,515 | 58,763 | 64,468 | 44,844 | 59,931 | 61,675 | 104,186 | 58,260 | 58,710 | |
10/15 |
18,600 | 18,600 | 18,600 | 20,535 | 20,460 | 20,460 | 24,321 | 21,681 | 6,559 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 18 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 18 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
14 |
- | - | - | 75 | - | - | 16,261 | 13,621 | 341 | |
17/49 |
50,915 | 40,163 | 45,868 | 24,309 | 39,471 | 41,215 | 79,864 | 36,579 | 52,151 | |
17 |
9,300 | - | - | - | - | - | 38,493 | 19,810 | 27,194 | |
170/4 |
9,300 | - | - | - | - | - | 38,493 | 19,810 | 27,194 | |
42/48 |
37,174 | 40,163 | 45,868 | 24,309 | 39,280 | 41,215 | 41,371 | 16,769 | 24,957 | |
42 |
- | - | - | - | - | - | 16,001 | 7,385 | 7,232 | |
44 |
239 | 1,376 | 5,448 | 5,858 | 4,559 | 2,636 | 2,652 | 2,308 | 2,650 | |
440/4 |
239 | 1,376 | 5,448 | 5,858 | 4,559 | 2,636 | 2,652 | 2,308 | 2,650 | |
46 |
- | - | - | - | 2,752 | - | - | - | - | |
45 |
10,711 | 8,619 | 12,181 | 4,962 | 8,799 | 8,646 | 20,267 | 7,076 | 4,472 | |
450/3 |
10,711 | 8,619 | 12,181 | 4,962 | 8,799 | 8,646 | 20,267 | 7,076 | 4,472 | |
47/48 |
26,225 | 30,168 | 28,239 | 13,490 | 23,170 | 29,933 | 2,451 | - | 10,603 | |
492/3 |
4,441 | - | - | - | 190 | - | - | - | - | |
| Income statement | ||||||||||
9900 |
37,007 | 40,063 | 28,103 | 12,514 | 10,633 | 42,477 | 13,986 | 31,079 | 5,842 | |
630 |
12,693 | 2,302 | 1,656 | 1,574 | 1,708 | 1,131 | 989 | 8,731 | 4,870 | |
640/8 |
3,430 | 307 | 2,343 | 965 | 891 | 2,012 | 966 | 280 | 65 | |
66A |
- | - | 1,985 | - | - | 10,900 | 6,561 | - | - | |
9901 |
20,884 | 37,454 | 22,119 | 9,975 | 8,034 | 28,434 | 5,470 | 22,068 | 907 | |
75/76B |
2 | 14 | 39 | 9 | - | 28 | 35 | 23 | - | |
75 |
2 | 14 | 39 | 9 | - | 28 | 35 | 23 | - | |
65/66B |
3,435 | 4,197 | 2,369 | 1,050 | 1,175 | 1,656 | 1,892 | 877 | 548 | |
65 |
3,435 | 4,197 | 2,369 | 1,050 | 1,175 | 1,656 | 1,892 | 877 | 548 | |
9903 |
17,451 | 33,271 | 19,788 | 8,934 | 6,859 | 26,806 | 3,614 | 21,214 | 359 | |
67/77 |
5,562 | 7,597 | 4,743 | 8,859 | -786 | 8,437 | 974 | 6,091 | - | |
9904 |
11,889 | 25,673 | 15,045 | 75 | 7,645 | 18,369 | 2,640 | 15,123 | 359 | |
9905 |
11,889 | 25,673 | 15,045 | 75 | 7,645 | 18,369 | 2,640 | 15,123 | 359 | |
| Appropriation of the result | ||||||||||
9906 |
11,889 | 25,673 | 15,120 | 75 | 7,645 | 34,630 | 16,261 | 15,463 | 359 | |
14P |
- | - | 75 | - | - | - | - | - | - | |
791/2 |
- | - | 1,860 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 1,842 | 18 | |
6920 |
- | - | - | - | - | - | - | 1,842 | 18 | |
694/7 |
11,889 | 25,673 | 16,980 | - | 7,645 | 34,630 | - | - | - | |
694 |
11,889 | 25,673 | 16,980 | - | 7,645 | 34,630 | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 20-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-04-2026 | 2026-00083844 | |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00189681 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00313519 | |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00164661 | |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20152239 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-41100072 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-22700520 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32600076 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-43600263 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 33,577 | 39,756 | 23,775 | 11,549 | 9,742 | 29,565 | 6,459 | 30,799 | 5,777 | ||
| 24,582 | 27,975 | 16,701 | 1,649 | 9,353 | 19,500 | 3,629 | 23,854 | 5,228 | ||
| 38,889 | 429 | 8,201 | 3,069 | 2,881 | -65,900 | 69,293 | 1,149 | 41,739 | ||
| -19,189 | -1,232 | 17,476 | -15,753 | -9,716 | 30,057 | -3,217 | 3,872 | - | ||
| -4,105 | 12,015 | 10,142 | 16,595 | 18,205 | 19,187 | -5,489 | 12,203 | -3,117 | ||
| 26.8% | 31.7% | 28.9% | 45.8% | 34.1% | 33.2% | 23.3% | 37.2% | 11.2% | ||
| 0.89 | 1.30 | 1.22 | 1.68 | 1.46 | 1.47 | 0.87 | 1.73 | 0.88 | ||
| 2.74 | 2.16 | 2.47 | 1.18 | 1.93 | 2.01 | 3.28 | 1.69 | 7.95 | ||
| 63.9% | 138.0% | 80.9% | 0.4% | 37.4% | 89.8% | 10.9% | 69.7% | 5.5% | ||
| 17.1% | 43.7% | 23.3% | 0.2% | 12.8% | 29.8% | 2.5% | 26.0% | 0.6% | ||
| 9.77 | 9.47 | 10.03 | 11.00 | 8.29 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €38,889 | €429 | €8,201 | €3,069 | €2,881 |
| €12,693 | €2,302 | €1,656 | €1,574 | €1,708 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 44% lower than in 2024 and the lowest since 2022.
Debt's share of the balance-sheet total rises from 68.3% to 73.2%. Debt is higher.
hell yeah has no parent and no holdings in its annual accounts.
| Centraal Katholiek Schoolcomité van Antwerpen via Van Kerckhoven Geert, at hell yeah until 2023 · Day-to-day manager · deed of 25-04-2023 founded in 1942 |
108 FTE (2025) |
| Vrije Katholieke Scholen der Dekenijen Antwerpen via Van Kerckhoven Geert, at hell yeah until 2023 · Day-to-day manager · deed of 15-05-2023 founded in 1922 |
total assets €10.7m (2025) |
| Foederer Accountants via Van Kerckhoven Geert, at hell yeah until 2023 · Director · deed of 21-10-2022 founded in 1999 |
turnover €9.2m (2025) |
| Kinderland - Centrum voor Kinderzorg en Gezinsondersteuning via Van Kerckhoven Geert, at hell yeah until 2023 · Day-to-day manager · deed of 15-05-2023 founded in 1982 |
60 FTE (2025) |
| Lentekind - Centrum voor Kinderzorg en Gezinsondersteuning via Van Kerckhoven Geert, at hell yeah until 2023 · Day-to-day manager · deed of 15-05-2023 founded in 1982 |
49 FTE (2025) |
| VRIJE KINDERDAGVERBLIJVEN ANTWERPEN via Van Kerckhoven Geert, at hell yeah until 2023 · Managing director · deed of 11-05-2023 founded in 1987 |
42 FTE (2025) |
| Katholieke Schoolkolonies van Antwerpen via Van Kerckhoven Geert, at hell yeah until 2023 · Day-to-day manager · deed of 15-05-2023 |
founded in 1922 |
| VITA ET PAX CENTRUM via Van Kerckhoven Geert, at hell yeah until 2023 · Director · deed of 29-08-2025 |
founded in 1972 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
“De vennootschap haar doel is aan haar aandeelhouders een rechtstreeks of onrechtstreeks vermogensvoordeel uit te keren of te bezorgen.”
| Establishment | Since | Unit number |
|---|---|---|
| Kinderwelzijnstraat 107 registered office 2920 Kalmthout 63920 Other information service activities | 21-06-2017 | 2.266.575.244 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11022F0057/00X025 | 2,065 m² | 1 · 106 m² | 1.6 m |
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