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HEMCOR

Active Private limited companyfounded 2021active for 5 yearsHaagdam 2A en 2A+, 9140 TemseKBO/BCE: BE 0769.977.981 subsidiary of FRELOTTE
Part of the group FRELOTTE 14 companies
See the group

Lifetime

5 annual accounts with figures on one time axis
peak €9.8m (2021)
€9.6m▼ 1.0%
lowest -€230,710 (2025)
-€230,710▼ €89,758
peak €2.8m (2022)
€2.2m▼ 9.3%
€7.3m▲ 1.9%
Board2 names since 2021
2 directorsFRELOTTE and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
30-06-202631 days before the deadline
2025financial year
Turnover from €75,000 to €0Loss of €230,710

Key points

from the 2025 annual accounts

Losses

-€599,545 in three years
-227,8842023-140,9512024-230,7102025

Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.

Turnover

€0 ▼ 100%
€75,0002024€02025

Turnover fell in 2025 from €75,000 to €0.

Debts

€7.3m 77% of the balance sheet
Financial debts 46%Suppliers 5%Other 49%

€2.3m of the debts are secured on the company's own assets. In 2021 that was €5.3m.

Payment terms

17,923 days to suppliers
Suppliers
22833 to 17923

HEMCOR pays its suppliers 4,910 days earlier than in 2024.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 2 to 31 days before the end of the period.

Position in the sector

-€230,710

Lower net result than 90% of companies in wholesale trade. Sector median €110,270 · 6,125 companies.

Checked score

80
Excellent
Financially stronger than 22% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.4%▼ -0.4 percentage points vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Weak

48-3equity 23.4% of total assets
31-6short-term debt 41.2% · cash 0.8%
18-33return on assets -2.4%

Score breakdown

raises risk
Liquidity: current ratio 0.19, cash €73,940
Founded in 2021
lowers risk
Size: turnover €0, total assets €9.6m
Figures for financial year 2025 (filed on 30-06-2026)
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 46, small). It does better than 26% of them on solvency, 32% on liquidity, 11% on profitability and 18% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Credit verdict

Credit of up to €170,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.19 (0.23 in 2024), below 1. Short-term debt is 41.2% and cash 0.8% of total assets. 76.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €0, total assets €9.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.19, cash €73,940
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€230,710
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
31 days early
2024
29 days early
2023
21 days early
2022
4 days early
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 17 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

F
Director, Hemelaer Hans, since 18-06-2021
H
Director, Hemelaer Frederick, since 18-06-2021

Shares in 5 companies, including HEMELAER and Hempo BV

Board & ownership

Recent changes

Incorporation Founders: FRELOTTE and HEAVENAER · 1,200 shares · Appointments: FRELOTTE (director) and HEAVENAER (director) · published on 24-06-2021 · Gazette deed
First establishment Haagdam 2A en 2A+, Temse
All 9 events

Comparable companies

same main activity, the nearest in size
Company
HEMCOR Temse €9.6m - 23.4% -
VEEHANDEL CANT PIETER Sint-Gillis-Waas €3.0m €0.4m 27.2% -
De Meester Livestock Hoogstraten €4.1m €0.2m 4.5% -
JACO Quentin et Fils Grâce-Hollogne €3.5m €0.9m 26.2% 3.5
Mares of Macha Vleteren €4.1m €0.7m 16.6% 1.9
MM TRADE Roeselare €4.4m €1.1m 40.0% 2
HARAS BONNE CHANCE Dilsen-Stokkem €2.4m -€2.5m -101.0% -

These companies have the same main activity as HEMCOR: wholesale of live animals (NACE 46231). They are smaller than HEMCOR: total assets between €2.4m and €4.4m, founded between 2017 and 2022.

Official details

Source: KBO
Status
Active since 22-06-2021Normal situation
Activity
Wholesale of live animalsNACE 46231and 1 other
Establishment unit
2.318.855.7699140 Temse, since 22-06-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€35,000▼ 53.3%
€9.6m▼ 1.0%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Companies linked to HEMCOR

Insights on HEMCOR

HEMCOR has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of -€230,710.

Equity has been shrinking by about 4.1% per year since 2021. Its solvency ranks better than 26% of 6,192 sector peers (NACE 46, financial year 2025).

The computed 12-month bankruptcy probability is 0.4% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HEMCOR

What is the company number of HEMCOR?
The company number of HEMCOR is 0769.977.981. The VAT number is the same number with BE in front: BE 0769.977.981.
Where is HEMCOR based?
The registered office is at Haagdam 2A en 2A+, 9140 Temse.Company details
What does HEMCOR do?
According to the KBO register, the main activity is wholesale of live animals (NACE 46231).
What is the legal form of HEMCOR?
HEMCOR is a private limited company (BV).
When was HEMCOR founded?
HEMCOR was founded on 22-06-2021.
Is HEMCOR still active?
Yes, HEMCOR is an active enterprise in the KBO register.
What is the turnover of HEMCOR?
The turnover of HEMCOR was €0 in financial year 2025, according to the filed annual accounts.Financials
Is HEMCOR profitable?
In financial year 2025, HEMCOR made a loss of €230,710.
Where can I find the annual accounts of HEMCOR?
HEMCOR filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HEMCOR due?
HEMCOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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