HEMMAX
ActiveHEMMAX has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €504k and a net result of €206k. Equity is growing by ~70.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 19345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
94
/ 100
Excellent▲ +28 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency86▲+35
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 0.98 in 2023), but 58.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
12 d early
2022
21 d early
2021
2 d early
2020
29 d early
2019
18 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€504k▲ 68.9%
2023 · €298k
2019: €22k
2020: €69k
2021: €103k
2022: €204k
2023: €298k
2019 → 2024
Total assets
€1.21M▲ 33.7%
2023 · €904k
2019: €42k
2020: €71k
2021: €213k
2022: €477k
2023: €904k
2019 → 2024
Net result
€206k▲ 119%
2023 · €94k
2019: €16k
2020: €47k
2021: €34k
2022: €89k
2023: €94k
2019 → 2024
Working capital
€151k
2023 · €-2k
2019: €13k
2020: €64k
2021: €49k
2022: €21k
2023: €-2k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€69k-€103k▲ 48.6%€204k▲ 98.5%€298k▲ 46.0%€504k▲ 68.9%
Operating result€61k-€46k▼ 24.8%€127k▲ 178%€131k▲ 2.8%€279k▲ 113%
Net result€47k-€34k▼ 29.0%€89k▲ 164%€94k▲ 5.6%€206k▲ 119%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 113% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.21M
Fixed assets
€921k▲ 18.3%
Current assets
€288k▲ 129%
Equity and liabilities €1.21M
Equity
€504k▲ 68.9%
Debt
€705k▲ 16.4%
The debt ratio falls from 67.0% to 58.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€333k▲
2023 · €209k
Cash flow
€260k▲
2023 · €173k
Solvency
41.7%▲
2023 · 33.0%
Current ratio
2.10▲
2023 · 0.98
Quick ratio
2.10▲
2023 · 0.98
Debt / equity
1.40▼
2023 · 2.03
ROE
40.8%▲
2023 · 31.5%
ROA
17.0%▲
2023 · 10.4%
Interest coverage
18.72▼
2023 · 31.66
Debt
€705k▲
2023 · €606k
Debt ≤ 1 year
€137k▲
2023 · €128k
Debt > 1 year
€560k▲
2023 · €466k
Income taxes
€55k▲
2023 · €30k
Staff costs
€219k▲
2023 · €113k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€904k€1.21M▲
Fixed assets21/28€779k€921k▲
Intangible fixed assets21-€84k
Tangible fixed assets22/27€779k€837k▲
Land and buildings22€602k€602k=
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€82k€196k▲
Other tangible fixed assets26€92k€37k▼
Current assets29/58€125k€288k▲
Amounts receivable within one year40/41€28k€32k▲
Trade receivables40€3k€17k▲
Other amounts receivable41€25k€15k▼
Cash at bank and in hand54/58€95k€254k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€904k€1.21M▲
Equity10/15€298k€504k▲
Contributions10/11€19k€19k=
Reserves13€186k€280k▲
Distributable reserves133€186k€280k▲
Profit (loss) carried forward14€94k€206k▲
Amounts payable17/49€606k€705k▲
Amounts payable after more than one year17€466k€560k▲
Financial debts170/4€466k€560k▲
Amounts payable within one year42/48€128k€137k▲
Current portion of amounts payable after more than one year42€28k€58k▲
Trade debts44€20k€24k▲
Suppliers440/4€20k€24k▲
Taxes, remuneration and social security45€7k€38k▲
Taxes450/3-€25k
Remuneration and social security454/9€7k€13k▲
Other amounts payable47/48€74k€16k▼
Accrued charges and deferred income492/3€13k€9k▼
Income statement
Code20232024
Non-recurring operating income76A-€66k
Remuneration, social security and pensions62€113k€219k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€55k▼
Non-recurring operating charges66A-€55k
Gross operating margin9900€323k€606k▲
Operating profit (loss)9901€131k€279k▲
Financial charges65/66B€7k€18k▲
Recurring financial charges65€7k€18k▲
Profit (loss) for the period before taxes9903€124k€261k▲
Income taxes67/77€30k€55k▲
Profit (loss) for the period9904€94k€206k▲
Profit (loss) for the period to be appropriated9905€94k€206k▲
Appropriation of the result
Profit (loss) to be appropriated9906€183k€300k▲
Profit (loss) brought forward from the previous period14P€89k€94k▲
Transfer to equity691/2€89k€94k▲
To other reserves6921€89k€94k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2019net €206k ▲119%
Operating result €279k, net result €206k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.10
Current ratio from 0.98 to 2.10.
31-12
Financial
Equity above €500kEq €504k ▲68.9%
6 profitable years in a row build equity to €504k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €204k ▲98.5%
4 profitable years in a row build equity to €204k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €103k ▲48.6%
3 profitable years in a row build equity to €103k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 13current ratio 31.31
Current ratio from 2.41 to 31.31; short-term debt falls from €9k to €2k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Europalaan 148560 WevelgemGround area
841 m²
Building footprint
265 m²
Volume, LiDAR
845 m³
Parcel 34012C0420/00H004, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEMMAX
since 20182.275.095.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0420/00H004 | Flanders | 841 m² | 1 · 264 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 729 EUR awarded · 742 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 363 EUR | 363 EUR |
| 2024 | 1 | 137 EUR | 137 EUR |
| 2023 | 1 | 30 EUR | 194 EUR |
| 2022 | 1 | 199 EUR | 48 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
TANJA
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SYLPHI
BE 0500.987.974
Ittre · Eq €504k
HARDY ET Cie
BE 0441.057.317
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Immof
BE 0427.985.972
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BUCO
BE 0822.106.870
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Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 5,002 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2018
Fiscal year end31-12
Trade name NL
SYNDIC DEGRYSE/VERHUUR DEGRYSE
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.