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HENDUO

Active
Private limited companyfounded 20233 yrs activeRue du Moulin 3 A, 6740 Etalle, BelgiumKBO/BCE: BE 0803.856.321
Summary

HENDUO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (-€3,328) and a net result of €6,861. Its solvency ranks better than 9% of 3320 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 3320 sector peers (2024).
NBB · sector comparison
Position among 3320 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
13 d late
2023
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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 12 July 2023, HENDUO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€3,328▲ 67.3%
2023 · -€10,189
Net result
€6,861
2023 · -€20,189
Total assets
€504,265▲ 134%
2023 · €215,911
Solvency
-0.7%▲ 4.1pp
2023 · -4.7%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€18,136-€25,771
Net result-€20,189below the sector's middle half-€6,861within the sector's middle half
Equity-€10,189below the sector's middle half--€3,328below the sector's middle half▲ 67.3%
Total assets€215,911within the sector's middle half-€504,265within the sector's middle half▲ 134%
Debt€226,100-€507,592▲ 124%
Working capital-€21,659--€57,271▼ 164%
Solvency-4.7%below the sector's middle half--0.7%below the sector's middle half▲ 4.1pp
above within below the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2023: -€18,136-€18,136Net result 2023: -€20,189-€20,189Operating result 2024: €25,771€25,771Net result 2024: €6,861€6,86120232024-€40,000-€20,000€0€20,000Operating result 2023: -€18,136-€18,100Net result 2023: -€20,189-€20,200Operating result 2024: €25,771€25,800Net result 2024: €6,861€6,86020232024
The operating result returns to profit in 2024: €25,771 after a loss of €18,136 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €504,265
Fixed assets €488,635 ▲ 127%
Current assets €15,630 ▲ 1,504%
Key figures and ratios
2024 value · change against 2023
ROA
1.4%▲
2023 · -9.4%
Debt ≤ 1 year
€72,901▲
2023 · €22,633
Debt > 1 year
€434,692▲
2023 · €203,467
Income taxes
€133
A ratio outside any meaningful range has been withheld (balance sheet total €504,265, equity -€3,328).
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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€215,911€504,265▲
Fixed assets21/28€214,937€488,635▲
Intangible fixed assets21€214,937€442,535▲
Tangible fixed assets22/27-€43,100
Plant, machinery and equipment23-€1,578
Furniture and vehicles24-€41,521
Financial fixed assets28-€3,000
Current assets29/58€974€15,630▲
Amounts receivable within one year40/41-€14,145
Trade receivables40-€14,145
Cash at bank and in hand54/58€974€399▼
Deferred charges and accrued income490/1-€1,086
Equity and liabilities
Total equity and liabilities10/49€215,911€504,265▲
Equity10/15-€10,189-€3,328▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€20,189-€13,328▲
Amounts payable17/49€226,100€507,592▲
Amounts payable after more than one year17€203,467€434,692▲
Financial debts170/4€203,467€434,692▲
Amounts payable within one year42/48€22,633€72,901▲
Current portion of amounts payable after more than one year42€16,533€60,676▲
Trade debts44€1,699€6,842▲
Suppliers440/4€1,699€6,842▲
Taxes, remuneration and social security45-€133
Taxes450/3-€133
Other amounts payable47/48€4,401€5,249▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,063€48,996▲
Other operating charges640/8€384€3,090▲
Gross operating margin9900-€12,689€77,856▲
Operating profit (loss)9901-€18,136€25,771▲
Financial charges65/66B€2,053€18,776▲
Recurring financial charges65€2,053€18,776▲
Profit (loss) for the period before taxes9903-€20,189€6,994▲
Income taxes67/77-€133
Profit (loss) for the period9904-€20,189€6,861▲
Profit (loss) for the period to be appropriated9905-€20,189€6,861▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20,189-€13,328▲
Profit (loss) brought forward from the previous period14P--€20,189

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,063€48,996▲ 868%
Other operating charges640/8€384€3,090▲ 704%
Gross operating margin9900-€12,689€77,856▲ 714%
Operating profit (loss)9901-€18,136€25,771▲ 242%
Financial charges65/66B€2,053€18,776▲ 815%
Recurring financial charges65€2,053€18,776▲ 815%
Profit (loss) for the period before taxes9903-€20,189€6,994▲ 135%
Income taxes67/77-€133-
Profit (loss) for the period9904-€20,189€6,861▲ 134%
Profit (loss) for the period to be appropriated9905-€20,189€6,861▲ 134%
Line20232024Change
Assets
Total assets20/58€215,911€504,265▲ 134%
Fixed assets21/28€214,937€488,635▲ 127%
Intangible fixed assets21€214,937€442,535▲ 106%
Tangible fixed assets22/27-€43,100-
Plant, machinery and equipment23-€1,578-
Furniture and vehicles24-€41,521-
Financial fixed assets28-€3,000-
Current assets29/58€974€15,630▲ 1,504%
Amounts receivable within one year40/41-€14,145-
Trade receivables40-€14,145-
Cash at bank and in hand54/58€974€399▼ 59.0%
Deferred charges and accrued income490/1-€1,086-
Equity and liabilities
Total equity and liabilities10/49€215,911€504,265▲ 134%
Equity10/15-€10,189-€3,328▲ 67.3%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€20,189-€13,328▲ 34.0%
Amounts payable17/49€226,100€507,592▲ 124%
Amounts payable after more than one year17€203,467€434,692▲ 114%
Financial debts170/4€203,467€434,692▲ 114%
Amounts payable within one year42/48€22,633€72,901▲ 222%
Current portion of amounts payable after more than one year42€16,533€60,676▲ 267%
Trade debts44€1,699€6,842▲ 303%
Suppliers440/4€1,699€6,842▲ 303%
Taxes, remuneration and social security45-€133-
Taxes450/3-€133-
Other amounts payable47/48€4,401€5,249▲ 19.3%
Line20232024Change
Profit (loss) for the period9904-€20,189€6,861▲ 134%
+ Depreciation and write-downs630€5,063€48,996▲ 868%
Operating cash flow (approximation)-€15,126€55,857▲ 469%
Investment in fixed assets (approximation)--€322,694-
Change in cash--€575-

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

2025
13-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial Back to profitnet €6,861
Net result €6,861 after one loss-making year.
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
Financial 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, Etalle · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
648 m²
Building footprint
234 m²
Volume, LiDAR
2,409 m³
Parcel 85009C1547/00B000, Wallonia · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HENDUO
Rue du Moulin 3, 6740 EtalleActivities auxiliary to financial services and insurance activities
since 20232.347.180.561
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
85009C1547/00B000 Wallonia 648 m² 1 · 234 m² 13.7 m · 3 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,673 companies in sector 66220 we hold annual accounts for 3,222. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Contact
E-mail quinard.charles@gmail.comEtalle
Phone +32470513833Etalle
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.

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