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HEMELAER

Active
Public limited companyfounded 198046 yrs activeBrusselsestraat 76, 3000 Leuven, BelgiumKBO/BCE: BE 0420.644.953
Summary

The computed 12-month bankruptcy probability of HEMELAER is 2.9% (moderate). The 2024 annual accounts show equity of €53,048 and a net result of €28,689. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 18968 sector peers (fiscal year 2024). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
HEMELAERActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Cafés and bars
NACE 56301NACE 55301NACE 55401
#7 oldest company in Leuven, Accommodation and food service sector1 site
Size
€796,071total assets 2024
Staff
5.5 FTE
Equity
€53,048
Profit
€28,689
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy chance 12 m
2.9%
Structure
Accounts 65 d overdue0 of 3 deeds read
Why 51- Liquidity: current ratio 0.11, cash €6,368- Figures for FY 2024 (filed 02-10-2025)- Sector Food and beverage service activities (NACE 56)+ Size: total assets €796,071Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 50% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 32+4
equity 6.7% of total assets
Liquidity 28-1
short-term debt 46.6% · cash 0.8%
Profitability 73+31
return on assets 3.6%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 5.0%highest value 12-2024: 1.9%▼ -62.7% vs 11-2024 01-2025: 1.9%● 0.0% vs 12-2024 02-2025: 1.9%▲ +1.1% vs 01-2025 03-2025: 1.9%▲ +2.0% vs 02-2025 04-2025: 1.9%● 0.0% vs 03-2025 05-2025: 1.9%▼ -1.3% vs 04-2025 06-2025: 1.9%▲ +2.2% vs 05-2025 07-2025: 2.2%▲ +15.2% vs 06-2025 08-2025: 2.7%▲ +19.7% vs 07-2025 09-2025: 3.1%▲ +15.1% vs 08-2025 10-2025: 3.3%▲ +8.4% vs 09-2025 11-2025: 1.1%▼ -67.7% vs 10-2025 12-2025: 1.1%● 0.0% vs 11-2025 01-2026: 1.1%▼ -0.7% vs 12-2025lowest value 02-2026: 1.1%▲ +2.7% vs 01-2026 03-2026: 1.1%▲ +1.6% vs 02-2026 04-2026: 1.1%▼ -0.1% vs 03-2026 05-2026: 1.2%▲ +3.6% vs 04-2026 06-2026: 1.5%▲ +28.2% vs 05-2026 07-2026: 1.6%▲ +9.2% vs 06-2026 08-2026: 2.2%▲ +38.5% vs 07-2026 09-2026: 2.6%▲ +15.7% vs 08-2026 10-2026: 2.9%▲ +13.5% vs 09-2026
  • Liquidity: current ratio 0.11, cash €6,368 raises the probability
  • Size: total assets €796,071 lowers the probability for this profile
  • Figures for FY 2024 (filed 02-10-2025) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.11 in 2023; short-term debt: 46.6% and cash: 0.8% of total assets), and 93.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 31%, liquidity 23%, profitability 55%, growth against the median 91%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.11, cash €6,368
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €796,071
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €53,048
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 filings
Deviation from the deadline
2025
not confirmed
2024
56 d late
2023
91 d late
2022
70 d late
2021
37 d late
2020
89 d late
2019
101 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 74 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Positive: Oldest company in Leuven, Accommodation and food service…in the Checked rankings #7 View
  • Active since 1980founded 06-06-1980 46 years View

By topic

Financials

Fiscal year
2024
Total assets
€796,071
Profit
€28,689
Solvency
6.7%
Total assets▼ 1.0%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 25-09-2025Annual accounts filed
  2. 30-10-2024Annual accounts filed
  3. 09-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Cafés and barsNACE 56301
Founded
06-06-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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