HEMICYCLE
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
HEMICYCLE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €870,018 and a net result of €65,463. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 76% of 367 sector peers (NACE 02, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 17-12-1991 Normal situation
- Activity
- Forestry and logging NACE 02100and 3 others
- Establishment units
- 2.056.981.307 5310 Eghezée, since 15-04-1992
- 2.056.981.406 5021 Namur, since 15-04-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 23-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €115,266
- ▼ 14.4%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €65,463
- ▼ 20.8%
- Equity
- €870,018
- ▲ 1.2%
- Total assets
- €1.1m
- ▲ 12.8%
Score breakdownraises risk2 changes of registered office in 24 monthsLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 4.03, cash €178,256Sector: Forestry and logging (NACE 02)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 02, micro). It does better than 90% of them on solvency, 68% on liquidity, 64% on profitability and 45% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 19 days after the deadline. In the sector (NACE 02), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as HEMICYCLE: forestry and logging (NACE 02100). They are comparable in size and age: total assets between €639,000 and €1.5m, founded between 1976 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| HEMICYCLE Houyet | €1.1m | €0.1m |
| HUDICO Grimbergen | €1.0m | €0.1m |
| ROYAL DELICE Tintigny | €1.3m | €0.1m |
| HERTENBOS Berlaar | €1.5m | €0.1m |
| RABAS Haacht | €0.8m | €0.1m |
| ITEF Elsene | €1.4m | €0.1m |
| BOIS NORD Laarne | €0.6m | €0.08m |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 31-08-2026
- Annual accounts 2024filed on 30-07-2025
- Annual accounts 2023filed on 13-08-2024
- Annual accounts 2022filed on 28-08-2023
Acts in the Belgian Official Gazette
- Registered office · Legal-form changeact of 26-08-2026
- Registered officeact of 13-11-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about HEMICYCLE
- What is the company number of HEMICYCLE?
- The company number of HEMICYCLE is 0446.155.062. The VAT number is the same number with BE in front: BE 0446.155.062.
- Where is HEMICYCLE based?
- The registered office is at Grande-Trussogne, Celles 9B, 5561 Houyet.Company details
- What does HEMICYCLE do?
- According to the KBO register, the main activity is forestry and logging (NACE 02100).
- What is the legal form of HEMICYCLE?
- The legal form of HEMICYCLE is Private limited company (pre-2019) (BVBA).
- When was HEMICYCLE founded?
- HEMICYCLE was founded on 17-12-1991.
- Is HEMICYCLE still active?
- Yes, HEMICYCLE is an active enterprise in the KBO register.
- What is the turnover of HEMICYCLE?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €115,266 and 2,213 comparable companies of the same size. It probably lies between €190,000 and €450,000. It is a rough estimate.Financials
- Is HEMICYCLE profitable?
- In financial year 2025, HEMICYCLE made a profit of €65,463.
- Where can I find the annual accounts of HEMICYCLE?
- HEMICYCLE filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of HEMICYCLE due?
- HEMICYCLE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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