HENS
ActiveSummary
HENS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €-6k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 62% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+7
Solvency78▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.02 in 2024; short-term debt: 26% and cash: 1.7% of total assets), and 46.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.2%
Return on assets
-0.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
2 d early
2023
7 d early
2022
4 d early
2021
32 d early
2020
8 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2024 · €4k
2018: €489khighest in 8 years
2019: €-34k▼ -107% vs 2018
2020: €-46k▼ -35.7% vs 2019lowest in 8 years
2021: €158k▲ +447% vs 2020
2022: €79k▼ -49.8% vs 2021
2023: €12k▼ -85.2% vs 2022
2024: €4k▼ -65.2% vs 2023
2025: €-6k▼ -259% vs 2024
2018 → 2025
Working capital
€-644k▲ 8.0%
2024 · €-700k
2018: €-497k
2019: €-595k▼ -19.7% vs 2018
2020: €-732k▼ -23.0% vs 2019lowest in 8 years
2021: €-539k▲ +26.5% vs 2020
2022: €-338k▲ +37.3% vs 2021highest in 8 years
2023: €-612k▼ -81.2% vs 2022
2024: €-700k▼ -14.3% vs 2023
2025: €-644k▲ +8.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.36M-€1.41M▲ 3.2%€1.42M▲ 0.8%€1.42M▲ 0.3%€1.41M▼ 0.5%
2021: €1.36Mlowest in 5 years
2022: €1.41M▲ +3.2% vs 2021
2023: €1.42M▲ +0.8% vs 2022
2024: €1.42M▲ +0.3% vs 2023highest in 5 years
2025: €1.41M▼ -0.5% vs 2024
Operating result€240k-€134k▼ 44.1%€-25k€-16k▲ 34.8%€17k
2021: €240khighest in 5 years
2022: €134k▼ -44.1% vs 2021
2023: €-25k▼ -118% vs 2022lowest in 5 years
2024: €-16k▲ +34.8% vs 2023
2025: €17k▲ +204% vs 2024
Net result€158k-€79k▼ 49.8%€12k▼ 85.2%€4k▼ 65.2%€-6k
2021: €158khighest in 5 years
2022: €79k▼ -49.8% vs 2021
2023: €12k▼ -85.2% vs 2022
2024: €4k▼ -65.2% vs 2023
2025: €-6k▼ -259% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.66M
Fixed assets
€2.61M ▼ 4.0%
Current assets
€47k ▲ 209%
Equity and liabilities €2.66M
Equity
€1.41M ▼ 0.5%
Provisions
€271k ▼ 5.3%
Debt
€974k ▼ 5.4%
Debt's share of the balance-sheet total falls from 37.6% to 36.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€131k▲
2024 · €111k
Cash flow
€108k▼
2024 · €131k
Current ratio
0.07▲
2024 · 0.02
Debt to equity
0.69▼
2024 · 0.72
ROE
-0.5%▼
2024 · 0.3%
ROA
-0.2%▼
2024 · 0.1%
Interest coverage
4.13▲
2024 · 3.26
Debt ≤ 1 year
€691k▼
2024 · €715k
Debt > 1 year
€282k▼
2024 · €308k
Income taxes
€6k▲
2024 · €489
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.74M€2.66M▼
Fixed assets21/28€2.72M€2.61M▼
Tangible fixed assets22/27€2.64M€2.53M▼
Land and buildings22€2.64M€2.53M▼
Furniture and vehicles24€1k€670▼
Financial fixed assets28€82k€82k=
Current assets29/58€15k€47k▲
Amounts receivable after more than one year29€2k€2k▼
Other amounts receivable291€2k€2k▼
Amounts receivable within one year40/41€3k€300▼
Other amounts receivable41€3k€300▼
Cash at bank and in hand54/58€10k€45k▲
Deferred charges and accrued income490/1€516-
Equity and liabilities
Total equity and liabilities10/49€2.74M€2.66M▼
Equity10/15€1.42M€1.41M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.36M€1.35M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€807k€766k▼
Distributable reserves133€546k€581k▲
Provisions and deferred taxes16€286k€271k▼
Deferred taxes168€286k€271k▼
Amounts payable17/49€1.03M€974k▼
Amounts payable after more than one year17€308k€282k▼
Financial debts170/4€308k€281k▼
Other amounts payable178/9€148€148=
Amounts payable within one year42/48€715k€691k▼
Current portion of amounts payable after more than one year42€34k€27k▼
Trade debts44€15k€9k▼
Suppliers440/4€15k€9k▼
Taxes, remuneration and social security45€10k€22k▲
Taxes450/3€10k€22k▲
Other amounts payable47/48€656k€632k▼
Accrued charges and deferred income492/3€6k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€115k▼
Other operating charges640/8€19k€20k▲
Gross operating margin9900€130k€152k▲
Operating profit (loss)9901€-16k€17k▲
Financial income75/76B€39k-
Recurring financial income75€39k-
Financial charges65/66B€34k€32k▼
Recurring financial charges65€34k€32k▼
Profit (loss) for the period before taxes9903€-10k€-15k▼
Transfer from deferred taxes780€15k€15k=
Income taxes67/77€489€6k▲
Profit (loss) for the period9904€4k€-6k▼
Transfer from tax-exempt reserves789€41k€41k=
Profit (loss) for the period to be appropriated9905€45k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€35k▼
Transfer to equity691/2€45k€35k▼
To other reserves6921€45k€35k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €253k | €168k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €116k | €111k | €127k | €127k | €115k | ▼ 9.4% |
| Other operating charges640/8 | €20k | €17k | €19k | €19k | €20k | ▲ 5.8% |
| Gross operating margin9900 | €376k | €262k | €122k | €130k | €152k | ▲ 16.7% |
| Operating profit (loss)9901 | €240k | €134k | €-25k | €-16k | €17k | ▲ 204% |
| Financial income75/76B | - | - | €49k | €39k | - | - |
| Recurring financial income75 | - | - | €49k | €39k | - | - |
| Financial charges65/66B | €31k | €28k | €28k | €34k | €32k | ▼ 6.2% |
| Recurring financial charges65 | €31k | €28k | €28k | €34k | €32k | ▼ 6.2% |
| Profit (loss) for the period before taxes9903 | €208k | €106k | €-3k | €-10k | €-15k | ▼ 45.3% |
| Transfer from deferred taxes780 | €13k | €15k | €15k | €15k | €15k | = |
| Transfer to deferred taxes680 | €63k | €41k | - | - | - | - |
| Income taxes67/77 | €383 | €440 | €416 | €489 | €6k | ▲ 1,191% |
| Profit (loss) for the period9904 | €158k | €79k | €12k | €4k | €-6k | ▼ 259% |
| Transfer from tax-exempt reserves789 | €35k | €41k | €41k | €41k | €41k | = |
| Transfer to tax-exempt reserves689 | €190k | €124k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €3k | €-3k | €53k | €45k | €35k | ▼ 23.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.79M | €2.72M | €2.73M | €2.74M | €2.66M | ▼ 2.8% |
| Fixed assets21/28 | €2.65M | €2.51M | €2.70M | €2.72M | €2.61M | ▼ 4.0% |
| Tangible fixed assets22/27 | €2.56M | €2.43M | €2.62M | €2.64M | €2.53M | ▼ 4.1% |
| Land and buildings22 | €2.56M | €2.43M | €2.62M | €2.64M | €2.53M | ▼ 4.1% |
| Furniture and vehicles24 | €3k | €3k | €2k | €1k | €670 | ▼ 51.0% |
| Financial fixed assets28 | €82k | €82k | €82k | €82k | €82k | = |
| Current assets29/58 | €145k | €204k | €23k | €15k | €47k | ▲ 209% |
| Amounts receivable after more than one year29 | €2k | €2k | €2k | €2k | €2k | ▼ 36.1% |
| Other amounts receivable291 | €2k | €2k | €2k | €2k | €2k | ▼ 36.1% |
| Amounts receivable within one year40/41 | €749 | €416 | €3k | €3k | €300 | ▼ 88.6% |
| Trade receivables40 | €60 | - | - | - | - | - |
| Other amounts receivable41 | €688 | €416 | €3k | €3k | €300 | ▼ 88.6% |
| Cash at bank and in hand54/58 | €125k | €192k | €7k | €10k | €45k | ▲ 371% |
| Deferred charges and accrued income490/1 | €17k | €9k | €11k | €516 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.79M | €2.72M | €2.73M | €2.74M | €2.66M | ▼ 2.8% |
| Equity10/15 | €1.36M | €1.41M | €1.42M | €1.42M | €1.41M | ▼ 0.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €1.30M | €1.34M | €1.36M | €1.36M | €1.35M | ▼ 0.5% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €807k | €890k | €848k | €807k | €766k | ▼ 5.1% |
| Distributable reserves133 | €487k | €448k | €501k | €546k | €581k | ▲ 6.4% |
| Provisions and deferred taxes16 | €290k | €316k | €301k | €286k | €271k | ▼ 5.3% |
| Deferred taxes168 | €290k | €316k | €301k | €286k | €271k | ▼ 5.3% |
| Amounts payable17/49 | €1.14M | €996k | €1.01M | €1.03M | €974k | ▼ 5.4% |
| Amounts payable after more than one year17 | €446k | €396k | €343k | €308k | €282k | ▼ 8.7% |
| Financial debts170/4 | €446k | €395k | €343k | €308k | €281k | ▼ 8.7% |
| Other amounts payable178/9 | €248 | €248 | €148 | €148 | €148 | = |
| Amounts payable within one year42/48 | €684k | €542k | €636k | €715k | €691k | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | €51k | €52k | €53k | €34k | €27k | ▼ 21.8% |
| Trade debts44 | €6k | €7k | €177 | €15k | €9k | ▼ 37.6% |
| Suppliers440/4 | €6k | €7k | €177 | €15k | €9k | ▼ 37.6% |
| Taxes, remuneration and social security45 | €14k | €8k | €6k | €10k | €22k | ▲ 125% |
| Taxes450/3 | €14k | €8k | €6k | €10k | €22k | ▲ 125% |
| Other amounts payable47/48 | €613k | €475k | €576k | €656k | €632k | ▼ 3.6% |
| Accrued charges and deferred income492/3 | €9k | €59k | €31k | €6k | €2k | ▼ 67.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €158k | €79k | €12k | €4k | €-6k | ▼ 259% |
| + Depreciation and write-downs630 | €116k | €111k | €127k | €127k | €115k | ▼ 9.4% |
| Operating cash flow (approximation) | €274k | €191k | €138k | €131k | €108k | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | €20k | €-317k | €-144k | €-7k | ▲ 95.5% |
| Change in cash | - | €67k | €-185k | €2k | €35k | ▲ 1,348% |
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €158k
Net result €158k after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Hove · 1 establishment unit since 1985
Ground area
3.7 ha
Building footprint
286 m²
Volume, LiDAR
3,723 m³
Parcel 11021A0195/02L003, Flanders · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Boechoutsesteenweg 148, 2540 Hove
since 19852.027.921.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0195/02L003 | Flanders | 3.7 ha | 1 · 286 m² | 17.3 m · 5 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.
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,620 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-06-1985
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
66220Insurance agents and brokers
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.