HEMRO
Open bankruptcyA bankruptcy procedure is open for HEMRO according to publications in the Belgian State Gazette; curator: THEO MACOURS.
Summary
The 2021 annual accounts show equity of €52,621 and a net result of -€5,647.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 23 May 2024
- Supervising judge
- Guy Vloeberghs
- Official Gazette
- 29-05-2024 (pdf) ↗search the document for 2024/121820
Curator
- Theo MacoursEersels 56, 3980 Tessenderlotheo.macours@legalis.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€52,621▼ 9.7%
2020 · €58,268
Total assets
€282,634▲ 136%
2020 · €119,695
Net result
-€5,647
2020 · €24,181
Working capital
€29,121▲ 13.4%
2020 · €25,678
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€30,663--€18,355€34,456-€10,951
Net result€22,206--€20,127€24,181-€5,647
Equity€54,214-€34,087▼ 37.1%€58,268▲ 70.9%€52,621▼ 9.7%
Total assets€324,853-€293,137▼ 9.8%€119,695▼ 59.2%€282,634▲ 136%
Debt€270,639-€259,050▼ 4.3%€61,428▼ 76.3%€230,013▲ 274%
Working capital€5,674--€12,623€25,678€29,121▲ 13.4%
Staff (FTE)1.8-1.6▼ 11.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €10,951 after €34,456 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €282,634
Fixed assets
€23,500 ▼ 27.9%
Current assets
€259,134 ▲ 197%
Equity and liabilities €282,634
Equity
€52,621 ▼ 9.7%
Debt
€230,013 ▲ 274%
Debt's share of the balance-sheet total rises from 51.3% to 81.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,861▼
2020 · €43,546
Cash flow
€3,443▼
2020 · €33,271
Current ratio
1.13▼
2020 · 1.42
Debt to equity
4.37▲
2020 · 1.05
ROE
-10.7%▼
2020 · 41.5%
ROA
-2.0%▼
2020 · 20.2%
Interest coverage
-19.65▼
2020 · 3.27
Debt ≤ 1 year
€230,013▲
2020 · €61,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | -€10,664 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,489 | €31,489 | €9,090 | €9,090 | = |
| Other operating charges640/8 | - | - | €3,446 | - | - |
| Non-recurring operating charges66A | - | - | €153,220 | - | - |
| Gross operating margin9900 | €170,973 | €110,778 | €189,548 | -€1,861 | ▼ 101% |
| Operating profit (loss)9901 | €30,663 | -€18,355 | €34,456 | -€10,951 | ▼ 132% |
| Financial income75/76B | - | - | €7,442 | €5,399 | ▼ 27.5% |
| Recurring financial income75 | €2,883 | €4,609 | €7,442 | €5,399 | ▼ 27.5% |
| Financial charges65/66B | - | - | €13,300 | €95 | ▼ 99.3% |
| Recurring financial charges65 | €2,734 | €6,334 | €13,300 | €95 | ▼ 99.3% |
| Profit (loss) for the period before taxes9903 | €30,812 | -€20,080 | €28,598 | -€5,647 | ▼ 120% |
| Income taxes67/77 | €8,606 | €47 | €4,417 | - | - |
| Profit (loss) for the period9904 | €22,206 | -€20,127 | €24,181 | -€5,647 | ▼ 123% |
| Profit (loss) for the period to be appropriated9905 | €22,206 | -€20,127 | €24,181 | -€5,647 | ▼ 123% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €324,853 | €293,137 | €119,695 | €282,634 | ▲ 136% |
| Fixed assets21/28 | €226,389 | €194,900 | €32,590 | €23,500 | ▼ 27.9% |
| Intangible fixed assets21 | €175,108 | €153,220 | - | - | - |
| Tangible fixed assets22/27 | €51,031 | €41,430 | €32,340 | €23,250 | ▼ 28.1% |
| Plant, machinery and equipment23 | - | - | €4,440 | - | - |
| Furniture and vehicles24 | - | - | €21,000 | €17,500 | ▼ 16.7% |
| Other tangible fixed assets26 | - | - | €6,900 | €5,750 | ▼ 16.7% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €98,464 | €98,237 | €87,105 | €259,134 | ▲ 197% |
| Amounts receivable within one year40/41 | €56,323 | €70,477 | €79,592 | €253,081 | ▲ 218% |
| Other amounts receivable41 | - | - | €79,592 | €253,081 | ▲ 218% |
| Cash at bank and in hand54/58 | €37,847 | €23,194 | €72 | €655 | ▲ 815% |
| Deferred charges and accrued income490/1 | - | - | €7,442 | €5,399 | ▼ 27.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €324,853 | €293,137 | €119,695 | €282,634 | ▲ 136% |
| Equity10/15 | €54,214 | €34,087 | €58,268 | €52,621 | ▼ 9.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €35,614 | €15,487 | €39,668 | €34,021 | ▼ 14.2% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €37,808 | €32,161 | ▼ 14.9% |
| Amounts payable17/49 | €270,639 | €259,050 | €61,428 | €230,013 | ▲ 274% |
| Amounts payable after more than one year17 | €177,850 | €148,190 | - | - | - |
| Amounts payable within one year42/48 | €92,789 | €110,860 | €61,428 | €230,013 | ▲ 274% |
| Financial debts43 | - | - | €1,696 | - | - |
| Credit institutions430/8 | - | - | €1,696 | - | - |
| Trade debts44 | €623 | €21,951 | €12,029 | €16,264 | ▲ 35.2% |
| Suppliers440/4 | - | - | €12,029 | €16,264 | ▲ 35.2% |
| Taxes, remuneration and social security45 | - | - | €22,702 | €188,749 | ▲ 731% |
| Taxes450/3 | - | - | €22,702 | €188,749 | ▲ 731% |
| Other amounts payable47/48 | - | - | €25,000 | €25,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,206 | -€20,127 | €24,181 | -€5,647 | ▼ 123% |
| + Depreciation and write-downs630 | €31,489 | €31,489 | €9,090 | €9,090 | = |
| Operating cash flow (approximation) | €53,695 | €11,362 | €33,271 | €3,443 | ▼ 89.7% |
| Investment in fixed assets (approximation) | - | €0 | €153,220 | €0 | ▼ 100% |
| Change in cash | - | -€14,653 | -€23,122 | €583 | ▲ 103% |
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
2024
29-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-05-2024
2023
13-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 197 days late
2022
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 247 days late
2021
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 278 days late
27-04
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Antwerpen, afdeling Hasselt
13-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 622 days late
2020
31-12
Financial
Back to profitnet €24,181
Net result €24,181 after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 616 days late
2019
31-12
Financial
Weakest financial yearnet -€20,127
Net result drops to -€20,127, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Herk-de-Stad
Ground area
1,651 m²
Building footprint
109 m²
Volume, LiDAR
602 m³
Parcel 71024B0722/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024B0722/00C000 | Flanders | 1,651 m² | 1 · 109 m² | 8.5 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THEO MACOURS EERSELS 56, 3980 TESSENDERLO- |
23-05-2024 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-09-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.