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HENDIGO

Active
Public limited companyfounded 201313 yrs activeWaterloosesteenweg 1589D, 1180 Ukkel, BelgiumKBO/BCE: BE 0537.657.241
Summary

HENDIGO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28.1m and a net result of €2.4m. Equity is growing by ~15.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability53=
Solvency96▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,850,000 at 30 days acceptable
Liquidity ample (current ratio 3.63; short-term debt: 4.4% and cash: 0.1% of total assets), and 28.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.2%
Return on assets
6%
Age of the figures
17 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 28-11-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
55 d late
2023
14 d late
2022
on the day
2021
1 d early
2020
25 d early
2019
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
30-04-2026 close28-09-2026 today30-11-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 August 2013, HENDIGO was incorporated.1 Total assets went from EUR 28 million in 2019 to EUR 40 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.4m▲ 2.8%
2024 · €2.3m
Working capital
€4.6m▲ 16.1%
2024 · €3.9m
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
Line20212022202320242025
Operating result-€58,849▼ 420%-€66,062▼ 12.3%-€87,116▼ 31.9%-€113,687▼ 30.5%-€64,168▲ 43.6%
Net result€1.7m▲ 3.1%€1.9m▲ 9.3%€2.0m▲ 6.8%€2.3m▲ 16.0%€2.4m▲ 2.8%
Equity€15.6m▲ 12.3%€17.4m▲ 12.0%€22.5m▲ 29.3%€25.8m▲ 14.2%€28.1m▲ 9.2%
Total assets€29.6m▲ 7.4%€29.4m▼ 0.6%€33.9m▲ 15.3%€37.2m▲ 9.5%€39.5m▲ 6.3%
Debt€14.0m▲ 2.5%€12.0m▼ 14.5%€11.4m▼ 5.1%€11.4m▲ 0.1%€11.4m▼ 0.1%
Working capital-€2.4m▼ 17.3%-€575,511▲ 76.4%€1.6m€3.9m▲ 142%€4.6m▲ 16.1%
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0mOperating result 2021: -€58,849-€58,849Net result 2021: €1.7m€1.7mOperating result 2022: -€66,062-€66,062Net result 2022: €1.9m€1.9mOperating result 2023: -€87,116-€87,116Net result 2023: €2.0m€2.0mOperating result 2024: -€113,687-€113,687Net result 2024: €2.3m€2.3mOperating result 2025: -€64,168-€64,168Net result 2025: €2.4m€2.4m20212022202320242025-€1m€0€1m€2mOperating result 2023: -€87,116-€87,100Net result 2023: €2.0m€2mOperating result 2024: -€113,687-€114,000Net result 2024: €2.3m€2.3mOperating result 2025: -€64,168-€64,200Net result 2025: €2.4m€2.4m202320242025
The operating result stays negative: a loss of €64,168 in 2025 against €113,687 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.5m
Fixed assets €33.2m =
Current assets €6.3m ▲ 59.5%
Equity and liabilities €39.5m
Equity €28.1m ▲ 9.2%
Debt €11.4m ▼ 0.1%
Debt's share of the balance-sheet total falls from 30.7% to 28.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
3.63
Debt to equity
0.40▼
2024 · 0.44
ROE
8.4%▼
2024 · 9.0%
ROA
6.0%▼
2024 · 6.2%
Debt ≤ 1 year
€1.7m▲
2024 · €18,814
Debt > 1 year
€9.6m▼
2024 · €11.3m
Income taxes
€246▼
2024 · €311
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€37.2m€39.5m▲
Fixed assets21/28€33.2m€33.2m=
Financial fixed assets28€33.2m€33.2m=
Companies linked by participating interests282/3€33.2m€33.2m=
Participating interests282€33.2m€33.2m=
Current assets29/58€4.0m€6.3m▲
Amounts receivable after more than one year29€3.9m€6.3m▲
Other amounts receivable291€3.9m€6.3m▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€28,940€53,369▲
Deferred charges and accrued income490/1€1,800€6,400▲
Equity and liabilities
Total equity and liabilities10/49€37.2m€39.5m▲
Equity10/15€25.8m€28.1m▲
Contributions10/11€11.5m€11.5m=
Capital10€11.5m€11.5m=
Issued capital100€11.6m€11.6m=
Uncalled capital101€125,000€125,000=
Reserves13€1.2m€1.2m=
Non-distributable reserves130/1€1.2m€1.2m=
Legal reserve130€1.2m€1.2m=
Profit (loss) carried forward14€13.1m€15.5m▲
Amounts payable17/49€11.4m€11.4m▼
Amounts payable after more than one year17€11.3m€9.6m▼
Financial debts170/4€11.3m€9.6m▼
Credit institutions173€11.3m€9.6m▼
Amounts payable within one year42/48€18,814€1.7m▲
Current portion of amounts payable after more than one year42-€1.7m
Trade debts44€18,814€0▼
Suppliers440/4€18,814€0▼
Accrued charges and deferred income492/3€47,273€50,556▲
Income statement Code20242025
Operating income70/76A€1,967€6,400▲
Other operating income74€1,800€6,400▲
Non-recurring operating income76A€167€0▼
Operating charges60/66A€115,654€70,568▼
Services and other goods61€57,150€15,733▼
Other operating charges640/8€57,369€54,835▼
Non-recurring operating charges66A€1,135€0▼
Operating profit (loss)9901-€113,687-€64,168▲
Financial income75/76B€2.6m€2.6m▲
Recurring financial income75€2.6m€2.6m▲
Income from financial fixed assets750€2.4m€2.4m▲
Income from current assets751€138,803€143,837▲
Other financial income752/9€351€131▼
Financial charges65/66B€146,143€146,161=
Recurring financial charges65€146,143€146,161=
Debt charges650€145,566€145,566=
Other financial charges652/9€577€595▲
Profit (loss) for the period before taxes9903€2.3m€2.4m▲
Income taxes67/77€311€246▼
Taxes670/3€311€246▼
Profit (loss) for the period9904€2.3m€2.4m▲
Profit (loss) for the period to be appropriated9905€2.3m€2.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€13.2m€15.5m▲
Profit (loss) brought forward from the previous period14P€10.9m€13.1m▲
Transfer from equity791/2€0-
From reserves792€0-
Transfer to equity691/2€90,416€0▼
To the legal reserve6920€90,416€0▼

The notes to these accounts (40 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€9,580€8,300€1,967€6,400▲ 225%
Other operating income74-€9,580€8,300€1,800€6,400▲ 256%
Non-recurring operating income76A---€167€0▼ 100%
Operating charges60/66A-€75,642€95,416€115,654€70,568▼ 39.0%
Services and other goods61-€26,431€44,169€57,150€15,733▼ 72.5%
Other operating charges640/8-€49,211€51,246€57,369€54,835▼ 4.4%
Non-recurring operating charges66A---€1,135€0▼ 100%
Operating profit (loss)9901-€58,849-€66,062-€87,116-€113,687-€64,168▲ 43.6%
Financial income75/76B-€2.1m€2.2m€2.6m€2.6m▲ 0.6%
Recurring financial income75€1.9m€2.1m€2.2m€2.6m€2.6m▲ 0.6%
Income from financial fixed assets750-€2.1m€2.2m€2.4m€2.4m▲ 0.4%
Income from current assets751--€49,158€138,803€143,837▲ 3.6%
Other financial income752/9--€1€351€131▼ 62.7%
Financial charges65/66B-€161,732€154,050€146,143€146,161=
Recurring financial charges65€180,250€161,732€154,050€146,143€146,161=
Debt charges650€178,001€161,126€153,389€145,566€145,566=
Other financial charges652/9-€607€661€577€595▲ 3.1%
Profit (loss) for the period before taxes9903€1.7m€1.9m€2.0m€2.3m€2.4m▲ 2.8%
Income taxes67/77---€311€246▼ 21.0%
Taxes670/3---€311€246▼ 21.0%
Profit (loss) for the period9904€1.7m€1.9m€2.0m€2.3m€2.4m▲ 2.8%
Profit (loss) for the period to be appropriated9905€1.7m€1.9m€2.0m€2.3m€2.4m▲ 2.8%
Line20212022202320242025Change
Assets
Total assets20/58€29.6m€29.4m€33.9m€37.2m€39.5m▲ 6.3%
Fixed assets21/28€29.4m€29.4m€32.3m€33.2m€33.2m=
Financial fixed assets28€29.4m€29.4m€32.3m€33.2m€33.2m=
Companies linked by participating interests282/3-€29.4m€32.3m€33.2m€33.2m=
Participating interests282-€29.4m€32.3m€33.2m€33.2m=
Current assets29/58€215,572€47,433€1.6m€4.0m€6.3m▲ 59.5%
Amounts receivable after more than one year29---€3.9m€6.3m▲ 59.2%
Other amounts receivable291---€3.9m€6.3m▲ 59.2%
Stocks and contracts in progress3---€0€0-
Amounts receivable within one year40/41€85€85€1.5m€0--
Other amounts receivable41-€85€1.5m€0--
Cash at bank and in hand54/58€205,988€36,768€92,190€28,940€53,369▲ 84.4%
Deferred charges and accrued income490/1-€10,580€9,300€1,800€6,400▲ 256%
Equity and liabilities
Total equity and liabilities10/49€29.6m€29.4m€33.9m€37.2m€39.5m▲ 6.3%
Equity10/15€15.6m€17.4m€22.5m€25.8m€28.1m▲ 9.2%
Contributions10/11€7.7m€7.7m€10.6m€11.5m€11.5m=
Capital10-€7.7m€10.6m€11.5m€11.5m=
Issued capital100-€7.7m€10.7m€11.6m€11.6m=
Uncalled capital101--€125,000€125,000€125,000=
Reserves13€773,000€773,000€1.1m€1.2m€1.2m=
Non-distributable reserves130/1-€773,000€1.1m€1.2m€1.2m=
Legal reserve130-€773,000€1.1m€1.2m€1.2m=
Profit (loss) carried forward14€7.1m€8.9m€10.9m€13.1m€15.5m▲ 18.1%
Amounts payable17/49€14.0m€12.0m€11.4m€11.4m€11.4m▼ 0.1%
Amounts payable after more than one year17€11.3m€11.3m€11.3m€11.3m€9.6m▼ 15.3%
Financial debts170/4-€11.3m€11.3m€11.3m€9.6m▼ 15.3%
Credit institutions173-€11.3m€11.3m€11.3m€9.6m▼ 15.3%
Amounts payable within one year42/48€2.7m€622,943€8,451€18,814€1.7m▲ 9,148%
Current portion of amounts payable after more than one year42----€1.7m-
Trade debts44€565€3,695€8,451€18,814€0▼ 100%
Suppliers440/4-€3,695€8,451€18,814€0▼ 100%
Other amounts payable47/48-€619,248----
Accrued charges and deferred income492/3-€41,131€43,364€47,273€50,556▲ 6.9%
Line20212022202320242025Change
Profit (loss) for the period9904€1.7m€1.9m€2.0m€2.3m€2.4m▲ 2.8%
Operating cash flow (approximation)€1.7m€1.9m€2.0m€2.3m€2.4m▲ 2.8%
Investment in fixed assets (approximation)-€0-€2.9m-€904,160€0▲ 100%
Change in cash--€169,220€55,422-€63,251€24,430▲ 139%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-11-2026
2025
28-11
NBB filing Annual accounts filed
fiscal year 2025 · full schema
30-04
Financial Highest result since 2019net €2.4m ▲2.8%
Net result €2.4m, the highest in the series.
24-01
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
30-04
Financial Equity above €25mEq €25.8m ▲14.2%
6 profitable years in a row build equity to €25.8m.
2023
14-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 14 days late
30-04
Financial Liquidity times 2549current ratio 194.12
Current ratio from 0.08 to 194.12; short-term debt falls from €622,943 to €8,451.
2022
30-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
05-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2019
21-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2018
06-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
25-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
27-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 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
13 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, Ukkel · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
3,405 m²
Building footprint
995 m²
Volume, LiDAR
8,049 m³
2 parcels, Brussels · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
21 companies at this address See who is registered here
1 establishment unit
HENDIGO
Carloodreef 27, 1180 UkkelHoldings
since 20132.223.884.257
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614H0054/03Z003 Brussels 3,070 m² 1 · 877 m² 13.6 m · 3 fl.
21614H0005/00P016 Brussels 335 m² 1 · 118 m² 12.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group TOLEFI 13 companies Group, risk and exposure

Owners and holdings

5 owners · 1 holding

Chain of control

  1. TOLEFI 92.2%
  2. HENDIGO

Highest known parent: TOLEFI. The sources do not say who stands above it.

Owners 5

Holdings 1

According to the annual accounts to 30-04-2025 of HENDIGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

52990085PRON4IUZ2A70
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded23-08-2013
Fiscal year end30-04
E-invoicing
Reachable via Peppol
Peppol ID 0208:0537657241
Registered 27-03-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.