HEMICO DV
ActiveSummary
HEMICO DV has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €26,793. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 14258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140,000 at 30 days acceptable
Liquidity ample (current ratio 20.88 against 4.41 in 2024; short-term debt: 3.2% and cash: 3.7% of total assets), and 7.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
92.2%
Return on assets
1.4%
Age of the figures
9 mo
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
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
29 d late
2023
58 d late
2022
42 d late
2021
30 d late
2020
27 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#7 company by equity in Zonnebeke, Real estate sector
Equity
€1.8m▲ 220%
2024 · €554,873
Total assets
€1.9m▲ 210%
2024 · €620,724
Net result
€26,793▼ 51.5%
2024 · €55,249
Working capital
€1.2m▲ 1,425%
2024 · €80,576
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,646▲ 11.8%€108,125▲ 173%-€3,331€83,826€20,902▼ 75.1%
Net result€17,690within the sector's middle half▲ 19.7%€63,580above the sector's middle half▲ 259%-€12,817below the sector's middle half€55,249above the sector's middle half€26,793within the sector's middle half▼ 51.5%
Equity€448,860above the sector's middle half▲ 4.1%€512,441above the sector's middle half▲ 14.2%€499,623above the sector's middle half▼ 2.5%€554,873above the sector's middle half▲ 11.1%€1.8mabove the sector's middle half▲ 220%
Total assets€852,402within the sector's middle half▼ 4.4%€929,005within the sector's middle half▲ 9.0%€881,410within the sector's middle half▼ 5.1%€620,724within the sector's middle half▼ 29.6%€1.9mabove the sector's middle half▲ 210%
Debt€403,542▼ 12.3%€416,564▲ 3.2%€381,787▼ 8.3%€65,852▼ 82.8%€68,025▲ 3.3%
Working capital-€180,248below the sector's middle half▲ 22.8%-€85,538below the sector's middle half▲ 52.5%€7,796within the sector's middle half€80,576within the sector's middle half▲ 934%€1.2mabove the sector's middle half▲ 1,425%
Solvency52.7%within the sector's middle half▲ 4.3pp55.2%within the sector's middle half▲ 2.5pp56.7%within the sector's middle half▲ 1.5pp89.4%above the sector's middle half▲ 32.7pp92.2%above the sector's middle half▲ 2.8pp
Current ratio0.44within the sector's middle half▲ 0.080.76within the sector's middle half▲ 0.321.02within the sector's middle half▲ 0.274.41above the sector's middle half▲ 3.3920.88above the sector's middle half▲ 16.47
Return on assets (ROA)2.1%within the sector's middle half▲ 0.4pp6.8%within the sector's middle half▲ 4.8pp-1.5%within the sector's middle half▼ 8.3pp8.9%above the sector's middle half▲ 10.4pp1.4%within the sector's middle half▼ 7.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Equity +220%, Total assets +210% on 2024. Merger absorbing CULINAIR HUIS VANDEPUTTE, effective 01-01-2025.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€634,098 ▲ 22.8%
Current assets
€1.3m ▲ 1,139%
Equity and liabilities €1.9m
Equity
€1.8m ▲ 220%
Provisions
€82,472
Debt
€68,025 ▲ 3.3%
Debt's share of the balance-sheet total falls from 10.6% to 3.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54,219▼
2024 · €118,437
Cash flow
€60,110▼
2024 · €89,860
Debt to equity
0.04▼
2024 · 0.12
ROE
1.5%▼
2024 · 10.0%
Interest coverage
5.96▼
2024 · 8.36
Debt ≤ 1 year
€61,804▲
2024 · €23,605
Debt > 1 year
€0▼
2024 · €13,250
Income taxes
€14,094▼
2024 · €22,080
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,327 | €47,000 | €35,829 | €34,611 | €33,317 | ▼ 3.7% |
| Other operating charges640/8 | €13,286 | €13,147 | €103,825 | €15,238 | €22,880 | ▲ 50.1% |
| Gross operating margin9900 | €104,258 | €168,271 | €136,322 | €133,675 | €77,098 | ▼ 42.3% |
| Operating profit (loss)9901 | €39,646 | €108,125 | -€3,331 | €83,826 | €20,902 | ▼ 75.1% |
| Financial income75/76B | €2,489 | €133 | €4,017 | €7,674 | €29,088 | ▲ 279% |
| Recurring financial income75 | €2,489 | €133 | €4,017 | €7,674 | €29,088 | ▲ 279% |
| Financial charges65/66B | €16,295 | €13,884 | €13,503 | €14,170 | €9,102 | ▼ 35.8% |
| Recurring financial charges65 | €16,295 | €13,884 | €13,503 | €14,170 | €9,102 | ▼ 35.8% |
| Profit (loss) for the period before taxes9903 | €25,840 | €94,375 | -€12,817 | €77,329 | €40,887 | ▼ 47.1% |
| Income taxes67/77 | €8,150 | €30,794 | €0 | €22,080 | €14,094 | ▼ 36.2% |
| Profit (loss) for the period9904 | €17,690 | €63,580 | -€12,817 | €55,249 | €26,793 | ▼ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €17,690 | €63,580 | -€12,817 | €55,249 | €26,793 | ▼ 51.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €852,402 | €929,005 | €881,410 | €620,724 | €1.9m | ▲ 210% |
| Fixed assets21/28 | €710,834 | €663,834 | €538,637 | €516,543 | €634,098 | ▲ 22.8% |
| Tangible fixed assets22/27 | €710,834 | €663,834 | €538,637 | €516,543 | €633,848 | ▲ 22.7% |
| Land and buildings22 | €682,969 | €645,806 | €530,445 | €508,025 | €626,577 | ▲ 23.3% |
| Plant, machinery and equipment23 | €27,866 | €18,029 | €8,192 | €713 | €1,223 | ▲ 71.5% |
| Furniture and vehicles24 | - | - | - | €7,806 | €6,049 | ▼ 22.5% |
| Financial fixed assets28 | - | - | - | - | €250 | - |
| Current assets29/58 | €141,568 | €265,170 | €342,773 | €104,181 | €1.3m | ▲ 1,139% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €16,183 | €5,822 | €32,434 | €31,455 | €31,760 | ▲ 1.0% |
| Trade receivables40 | €709 | €5,556 | €6,229 | €0 | €5,158 | - |
| Other amounts receivable41 | €15,475 | €266 | €26,205 | €31,455 | €26,602 | ▼ 15.4% |
| Current investments50/53 | - | - | €200,000 | €59,652 | €1.2m | ▲ 1,883% |
| Cash at bank and in hand54/58 | €125,384 | €199,348 | €46,570 | €11,692 | €71,179 | ▲ 509% |
| Deferred charges and accrued income490/1 | - | €60,000 | €63,769 | €1,381 | €4,379 | ▲ 217% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €852,402 | €929,005 | €881,410 | €620,724 | €1.9m | ▲ 210% |
| Equity10/15 | €448,860 | €512,441 | €499,623 | €554,873 | €1.8m | ▲ 220% |
| Contributions10/11 | €320,000 | €320,000 | €320,000 | €320,000 | €338,600 | ▲ 5.8% |
| Outside capital11 | €320,000 | €320,000 | €320,000 | €320,000 | - | - |
| Other1109/19 | €320,000 | €320,000 | €320,000 | €320,000 | - | - |
| Reserves13 | €128,860 | €192,441 | €179,623 | €234,873 | €1.4m | ▲ 511% |
| Non-distributable reserves130/1 | €32,000 | €32,000 | €32,000 | €32,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | €32,000 | €32,000 | €32,000 | €32,000 | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | - | - | - | €298,906 | - |
| Distributable reserves133 | €96,860 | €160,441 | €147,623 | €202,873 | €1.1m | ▲ 460% |
| Profit (loss) carried forward14 | €0 | - | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €82,472 | - |
| Deferred taxes168 | - | - | - | - | €82,472 | - |
| Amounts payable17/49 | €403,542 | €416,564 | €381,787 | €65,852 | €68,025 | ▲ 3.3% |
| Amounts payable after more than one year17 | €66,250 | €48,584 | €30,917 | €13,250 | €0 | ▼ 100% |
| Financial debts170/4 | €66,250 | €48,584 | €30,917 | €13,250 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €321,816 | €350,708 | €334,978 | €23,605 | €61,804 | ▲ 162% |
| Current portion of amounts payable after more than one year42 | €17,667 | €17,667 | €17,667 | €17,667 | €13,250 | ▼ 25.0% |
| Trade debts44 | €62 | €0 | €174 | €1,499 | €14,768 | ▲ 885% |
| Suppliers440/4 | €62 | €0 | €174 | €1,499 | €14,768 | ▲ 885% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €11,671 | €30,623 | €5,816 | €765 | €5,377 | ▲ 602% |
| Taxes450/3 | €11,671 | €30,623 | €5,816 | €765 | €5,377 | ▲ 602% |
| Other amounts payable47/48 | €292,416 | €302,418 | €311,321 | €3,675 | €28,409 | ▲ 673% |
| Accrued charges and deferred income492/3 | €15,475 | €17,273 | €15,892 | €28,996 | €6,220 | ▼ 78.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,690 | €63,580 | -€12,817 | €55,249 | €26,793 | ▼ 51.5% |
| + Depreciation and write-downs630 | €51,327 | €47,000 | €35,829 | €34,611 | €33,317 | ▼ 3.7% |
| Operating cash flow (approximation) | €69,017 | €110,580 | €23,011 | €89,860 | €60,110 | ▼ 33.1% |
| Investment in fixed assets (approximation) | - | €0 | €89,369 | -€12,517 | -€150,872 | ▼ 1,105% |
| Change in cash | - | €73,964 | -€152,778 | -€34,878 | €59,486 | ▲ 271% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
06-02
State Gazette act
Capital & shares · Purpose · RestructuringMerger · Dissolution · Capital increase10 facts ▸
State Gazette act
Capital & shares · Purpose · Restructuring
Merger · Dissolution · Capital increase10 facts ▸
- General meeting, 29-12-2025
- Merger, absorption, 01-01-2025
- Dissolution, 29-12-2025
- Capital increase, €1.259.555,47
- Share issue, 975
- Share issue, 975
- Capital
- Reserve release, onbeschikbare inbreng buiten kapitaal (338.600,00 EUR) en statutair onbeschikbare reserves (32.000,00 EUR)
- Purpose change, het uitvoeren van prestaties voor derden als kok, slager, kok aan huis, organisatie workshops en cursussen en alle aanverwante diensten in de voedingssector.
- Power of attorney, Fidexco
2025
31-12
Financial
Liquidity times 5current ratio 20.88
Current ratio from 4.41 to 20.88.
31-12
Financial
Equity above €1mEq €1.8m ▲220%
2 profitable years in a row build equity to €1.8m.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €55,249
Net result €55,249 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.41
Current ratio from 1.02 to 4.41; short-term debt falls from €334,978 to €23,605.
31-12
Financial
Equity above €500,000Eq €554,873 ▲11.1%
Equity rises from €499,623 to €554,873.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet -€12,817
Net result drops to -€12,817, the lowest in the series; recovery starts the following year.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
31-12
Financial
Highest result since 2018net €63,580 ▲259%
Operating result €108,125, net result €63,580, both a record.
Show earlier events
31-12
Financial
Equity above €500,000Eq €512,441 ▲14.2%
5 profitable years in a row build equity to €512,441.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zonnebeke · 1 establishment unit since 2003
Ground area
1.2 ha
Building footprint
554 m²
Volume, LiDAR
1,352 m³
Parcel 33037A0576/00G000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEMICO DV
since 20032.114.757.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33037A0576/00G000 | Flanders | 1.2 ha | 1 · 554 m² | 8.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:CULINAIR HUIS VANDEPUTTE
Capital and shareholders
Capital over the years
- 06-02-2026 Capital increase of 1,259,555.47 EUR · 1,950 new shares
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 201 EUR awarded · 201 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 201 EUR | 201 EUR |
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Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 4,434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478636897
Registered
05-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.