Equity
€6.6m ▲ 28.6%
HEMPRO has made a profit without a break since 2017.
HEMPRO
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €3.4m (2025)
€3.4m▲ 165%
lowest -€155,052 (2008)
€2.5m▲ 357%
peak €6.6m (2025)
€6.6m▲ 28.6%
€15.6m▼ 39.1%
peak 0.3 FTE (2025)
0.3 FTE
Board3 names since 2021
2 directorsJUFRA and 1 other
Owners6 names in the annual accounts
50%POY and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €1.3m to €3.4mResult from €539,838 to €2.5mDividend €1.0mEquity from €5.1m to €6.6mDebts from €25.6m to €15.6mCash from €1.6m to €339,860
Key points
from the 2025 annual accountsResult
€2.5m ▲ 357%
The result rose in 2025 from €539,838 to €2.5m.
Turnover
≈ €3.4m estimated
The abbreviated format states no turnover.
Debts
€15.6m 70% of the balance sheet
Financial debts 73%Suppliers 0%Taxes and wages 0%Other 27%
Of this, €8.6m falls due within a year.
Filings
23 annual accounts since 2003
Four of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Position in the sector
€2.5m
Higher net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
88
Excellent
Financially stronger than 52% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.58, cash €339,860, halved
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: 0.3 FTE, total assets €22.2m
Founded in 2002
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 68, micro). It does better than 49% of them on solvency, 27% on liquidity, 51% on profitability and 80% 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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as HEMPRO has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HEMPRO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,818 companies, not a prediction for HEMPRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.58 (1.88 in 2024), above the usual 1.5. Short-term debt is 38.6% and cash 1.5% of total assets. However, 70.3% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
on the day
2023
9 days early
2022
60 days late
2021
2 days early
2020
2 days early
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 31 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- POY 50%score 47equity €4.5m (2025) · 2025 annual accounts of POY
- BEPA 25%score 94equity €1.8m (2025) · 2025 annual accounts of BEPA
- JUFRA 25%score 86equity €22.5m (2025) · 2025 annual accounts of JUFRA
Shares in 3 companies, including BIEJU and Residentie Wellington
Board & ownershipRecent changes
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Knokke-Heist
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0477266328
Changes of role: JUFRA (director) and HEMELAER July (director)
Permanent representatives: HEMELAER Frank and HEMELAER July · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Knokke-Heist
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HEMPRO Knokke-Heist | €22.2m | €3.4m | 29.7% | 0.3 |
| AQ INVEST Knokke-Heist | €22.0m | €3.6m | 24.4% | 0 |
| DUPRO Waregem | €26.1m | €2.3m | 46.3% | 0 |
| STORIM INVEST Tielt | €25.6m | €2.0m | 40.3% | 0.6 |
| SINT ANNA Ostend | €24.6m | €4.5m | 79.6% | 0.1 |
| POLE POSITION Moorslede | €24.6m | €1.9m | 52.7% | 0 |
| CONIMMO Leuven | €21.9m | €1.9m | 47.1% | 0 |
These companies have the same main activity as HEMPRO: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €22m and €26m, founded between 1983 and 2001.
Official details
Source: KBO- Status
- Active since 05-04-2002Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2025
- Establishment unit
- 2.101.783.1328300 Knokke-Heist, since 16-05-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Companies linked to HEMPRO
Subsidiaries and holdings
Insights on HEMPRO
HEMPRO files the abbreviated format. That format states no turnover. The gross margin rose from €3,442 in 2006 to €3.4m in 2025.
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 HEMPRO
- What is the company number of HEMPRO?
- The company number of HEMPRO is 0477.266.328. The VAT number is the same number with BE in front: BE 0477.266.328.
- Where is HEMPRO based?
- The registered office is at Dumortierlaan 89, 8300 Knokke-Heist.Company details
- What does HEMPRO do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of HEMPRO?
- HEMPRO is a private limited company (BV).
- When was HEMPRO founded?
- HEMPRO was founded on 05-04-2002.
- Is HEMPRO still active?
- Yes, HEMPRO is an active enterprise in the KBO register.
- How many employees does HEMPRO have?
- HEMPRO had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HEMPRO fall under?
- In its 2025 annual accounts, HEMPRO states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of HEMPRO?
- The turnover in financial year 2025 is ≈ €3.4m. This figure is estimated from the gross margin of €3.4m and 31 comparable companies (NACE 68201). It probably lies between €3.2m and €3.8m.
- Is HEMPRO profitable?
- In financial year 2025, HEMPRO made a profit of €2.5m.
- Where can I find the annual accounts of HEMPRO?
- HEMPRO filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HEMPRO due?
- HEMPRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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