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HEOL

Active Private limited companyfounded 2015active for 11 yearsde Broquevillelaan 167, 1200 Woluwe-Saint-LambertKBO/BCE: BE 0632.948.655

Overview

Lifetime

10 annual accounts with figures on one time axis
peak €140,056 (2022)
-€8,980▼ €984
peak €545,016 (2016)
€198,775▲ 2.7%
peak €1.9m (2025)
€1.9m▲ 11.9%
€1.3m▼ 9.7%
Board2 names since 2019
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Gross margin from -€7,996 to -€8,980

Key points

from the 2025 annual accounts

Equity

€1.9m ▲ 11.9%

HEOL has made a profit in every financial year since 2016.

Filings

10 annual accounts 1 late
AprilJune31 JulyOctober20202025

The 2024 accounts came 12 days late. The other nine were filed on time.

Checked score

94
Excellent
Financially stronger than 56% of small companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025 09-2025: < 0.1%▼ -0.1 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 12-2025 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: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

85+5equity 59.8% of total assets
46+6short-term debt 35.7% · cash 9.8%
53=return on assets 6.4%

Score breakdown

lowers risk
Size: total assets €3.1m
Figures for financial year 2025 (filed on 17-06-2026)
No main activity registered
Founded in 2015
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 (no NACE code, small). It does better than 53% of them on solvency, 35% on liquidity, 58% on profitability and 78% 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).

Credit verdict

Credit of up to €170,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.54 (0.43 in 2024), below 1. Short-term debt is 35.7% and cash 9.8% of total assets. 40.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €3.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 17-06-2026)
NBB · annual accounts
lowers risk · No main activity registered
KBO
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
12 days late
2023
51 days early
2022
54 days early
2021
46 days early
2020
24 days early
2019
93 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 43 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 15 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DF
Director
Board & ownership

Recent changes

Change of role: DANNO Frank René, from manager to director Director discharge: DANNO Frank René · General meeting of 28-03-2023 · Gazette deed
Resignation: Antony Danno (director) General meeting of 10-03-2021 · Gazette deed
Incorporation published on 06-07-2015 · Gazette deed
First establishment de Broquevillelaan 167, Woluwe-Saint-Lambert
All 15 events

Official details

Source: KBO
Status
Active since 02-07-2015Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
“L’achat,la vente,l’échange,la construction,le reconstruction,la démolition,la transformation,l’exploitation et la location de tous immeubles bâtis,meublés ou…” (deed in French)From the articles, 10 activitiesNo NACE code in the KBO yet
Establishment unit
2.343.730.3311200 Woluwe-Saint-Lambert, since 02-07-2015
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

-€8,980▼ 12.3%
€198,775▲ 2.7%
€1.9m▲ 11.9%
€3.1m▲ 2.1%
Filing
Filed on 17-06-2026, 44 days before the end of the filing period
Financials

Insights on HEOL

HEOL files the abbreviated format. That format states no turnover. The gross margin rose from -€14,523 in 2016 to -€8,980 in 2025.

The balance sheet grew most in 2017 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 17-06-2026, 44 days before the deadline
-€8,980
▼ €984
-€9,167
▼ €986
€198,775
▲ 2.7%
-€513,007
▲ €198,775
59.8%
▲ 5.3 percentage points
0.54
▲ 0.11

Turnover: not included in this filing.

Balance sheet

balance sheet total €3.1m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 3.1m3.1m3.0m3.0m3.4m3.6m3.7m3.8m3.9m3.0m
21/28 2.5m2.5m2.5m2.5m3.2m3.2m3.3m3.3m3.4m2.5m
22/27 ---205672,410720,609772,365815,003863,349666
22 ----672,000719,495771,369814,485861,980-
24 ---2054101,1149965181,369666
28 2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m2.5m
29/58 600,503537,057486,362477,446257,549380,318440,334508,846557,233460,046
50/53 293,700300,000---200,335200,335200,335200,335-
54/58 306,803237,057486,362477,446257,549179,983239,999308,511356,898460,046
Balance sheet: equity and liabilities
10/49 3.1m3.1m3.0m3.0m3.4m3.6m3.7m3.8m3.9m3.0m
10/15 1.9m1.7m1.5m1.3m1.0m960,857880,755790,154680,926563,616
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,600
13 987,780789,080595,680436,120160,26081,8601,8601,8601,8601,860
130/1 ---1,8601,8601,860----
130 ------1,8601,8601,8601,860
1311 ---1,8601,8601,860----
133 987,780789,080595,680434,260158,40080,000----
14 860,613860,538860,465860,454860,451860,397860,295769,694660,466543,156
17/49 1.3m1.4m1.5m1.7m2.4m2.7m2.9m3.1m3.3m2.4m
17 140,000140,000140,000140,000692,016603,030653,326702,913751,801-
170/4 140,000140,000140,000140,000692,016603,030653,326702,913751,801-
42/48 1.1m1.2m1.4m1.5m1.7m2.1m2.2m2.4m2.5m2.4m
42 ----51,01450,29649,58748,88848,199-
45 19,87019,34015,95627,5867,8408,000---5,495
450/3 19,87019,34015,95627,5867,8408,000---5,495
47/48 1.1m1.2m1.4m1.5m1.7m2.0m2.1m2.3m2.5m2.4m
492/3 ---2,086------
Income statement
9900 -8,980-7,996-16,187140,056-15,109-12,233-11,59122,267-26,485-14,523
630 --20520548,19852,37244,13248,34648,346333
640/8 1871853514,5943,5403,5453,1813,338-420
9901 -9,167-8,180-16,743135,257-66,847-68,150-58,904-29,417-74,831-15,276
75/76B 234,600229,364198,000176,800168,000166,000160,000149,800192,600565,800
75 234,600229,364198,000176,800168,000166,000160,000149,800192,600565,800
65/66B 6,7888,3705,7308,60814,8589,74810,49511,15452213
65 6,7888,3705,7308,60814,8589,74810,49511,15452213
9903 218,645212,813175,527303,44886,29588,10290,601109,228117,247550,511
67/77 19,87019,34015,95627,5867,8408,000---635,495
9904 198,775193,473159,571275,86278,45580,10290,601109,228117,310545,016
9905 198,775193,473159,571275,86278,45580,10290,601109,228117,310545,016
Appropriation of the result
9906 1.1m1.1m1.0m1.1m938,851940,397860,295769,694660,466545,016
14P 860,538860,465860,454860,451860,397-----
691/2 198,700193,400159,560275,86078,40080,000---1,860
6920 ---------1,860
6921 198,700193,400159,560275,86078,40080,000----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 17-06-2026 2026-00169368 PDF
31-12-2024 full format 12-08-2025 2025-00372402 PDF
31-12-2023 full format 10-06-2024 2024-00117973 PDF
31-12-2022 full format 07-06-2023 2023-00110861 PDF
31-12-2021 full format 15-06-2022 2022-20068047 PDF
31-12-2020 full format 07-07-2021 2021-32100224 PDF
31-12-2019 full format 29-04-2020 2020-10300169 PDF
31-12-2018 full format 02-07-2019 2019-27000371 PDF
31-12-2017 full format 20-06-2018 2018-20800197 PDF
31-12-2016 full format 21-06-2017 2017-19700596 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
---16,537135,462-18,649-15,778-14,77218,928-26,485-14,943
--159,776276,067126,653132,474134,733157,574165,656545,349
--0-672,00006161,4940911,0292.5m
69,746-249,3058,916219,89777,566-60,015-68,513-48,387-103,148-
-513,007-711,782-905,255-1.1m-1.5m-1.7m-1.8m-1.8m-2.0m-2.0m
59.8%54.6%49.1%43.9%30.1%26.5%23.6%20.6%17.3%18.9%
0.540.430.350.310.150.180.200.220.220.19
0.670.831.041.282.322.773.243.864.794.29
10.6%11.6%10.8%21.0%7.5%8.3%10.3%13.8%17.2%96.7%
6.4%6.3%5.3%9.2%2.3%2.2%2.4%2.8%3.0%18.3%
---2.8915.74-1.26-----

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on HEOL

The operating result for 2025 is a loss of €9,167, larger than the loss of €8,180 in 2024.

Debt's share of the balance-sheet total falls from 45.4% to 40.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director (not named in the articles)
appointed by deed of 31-03-2023 term without a fixed end
earlier manager, until 31-03-2023
listed in the 2025 annual accounts, filed on 17-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 10 : Pouvoirs de l’organe d’administration §1. Pouvoirs d’administration L'organe d'administration peut accomplir tous les actes…”
deed of 31-03-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
DANNO Frank René
Director (not named in the articles)
Antony Danno
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • DANNO Frank René
    • Director (not named in the articles), since before 31-12-2021
    • Manager, until 31-03-2023
  • Antony Danno
    • Director, until 31-12-2019

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 31-03-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Financial yearThe company draws up its annual accounts over this twelve-month period.
Closes on 30 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 11:00

Network & group

No group

HEOL has no parent and no holdings in its annual accounts. DANNO Frank René is the only director. HEOL shares no director with another company.

At the same address

de Broquevillelaan 167, 1200 Woluwe-Saint-Lambert · 12 other companies
CFD IMMO
registered office since 21-04-2011 · founded in 2011
total assets €893,555 (2025)
0835.756.849
PDS Audit & Advisory
establishment since 19-01-2024 · founded in 2024
total assets €328,308 (2025)
1004.955.335
COOPER PRODUCTION
registered office since 15-10-2001 · founded in 1999
total assets €224,271 (2025)
0465.527.645
SHOW ME
registered office since 22-11-2021 · founded in 2021
total assets €68,949 (2025)
0777.563.183
Docteur Véronique LAVIELLE
registered office since 09-07-2014 · founded in 2014
total assets €33,661 (2025)
0555.844.444
SHOW CONCEPT
registered office since 17-12-2001 · founded in 2001 · negative equity (2025)
total assets €21,775 (2025)
0476.278.413
tobiarts productions
registered office since 06-03-2018
founded in 2015
0633.740.986
Estlandse Vereniging in België
registered office since 16-07-2008
founded in 2008
0899.305.509
Danno, Frank (sole trader)
establishment since 20-02-2006
founded in 2006
0879.490.684
BULLES PRODUCTION
registered office since 31-12-1998
founded in 1998
0463.940.805
and 2 more

Timeline

Timeline

15 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 44 days before the deadline
2025
Annual accounts 2024 filed PDFfull format · 12 days late
2024
Annual accounts 2023 filed PDFfull format · 51 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 54 days before the deadline
Change of role: DANNO Frank René, from manager to directorDirector discharge: DANNO Frank René · General meeting of 28-03-20235 points ▸
  • Director resignation, DANNO Frank René (manager)
  • Director appointment, DANNO Frank René (director (not named in the articles))
  • Director discharge, DANNO Frank René
  • General meeting, 28-03-2023
  • 100 shares, mentioned twice in the deed
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFfull format · 46 days before the deadline
2021
Equity above €1m equity €1.0m ▲8.2% With a profit in every financial year since 2016, equity grows to €1.0m.
Annual accounts 2020 filed PDFfull format · 24 days before the deadline
Resignation: Antony Danno (director)General meeting of 10-03-20212 points ▸
  • General meeting, 10-03-2021
  • Director resignation, Antony Danno

Open the deed in the Belgian Official Gazette

2020
Annual accounts 2019 filed PDFfull format · 93 days before the deadline
2019
Annual accounts 2018 filed PDFfull format · 29 days before the deadline
2018
Annual accounts 2017 filed PDFfull format · 41 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · 40 days before the deadline
2015
Incorporation PDFpublished on 06-07-2015
First establishment de Broquevillelaan 167, Woluwe-Saint-Lambert

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 July 2015, HEOL was incorporated.1 Total assets went from €3.8m in 2018 to €3.1m in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0632.948.655
VAT number
BE 0632.948.655
LEI code
875500DVQ2HGPU8BNE22 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
02-07-2015
Financial yearThe company draws up its annual accounts over this twelve-month period.
Closes on 30 December
deed of 31-03-2023 (in French)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 11:00
deed of 31-03-2023 (in French)
Peppol
Not found in the Peppol Directory
Name
HEOL in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-03-2023 (in French)

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“L’achat,la vente,l’échange,la construction,le reconstruction,la démolition,la transformation,l’exploitation et la location de tous immeubles…”
10 activities
  1. L’achat,la vente,l’échange,la construction,le reconstruction,la démolition,la transformation,l’exploitation et la location de tous immeubles bâtis,meublés ou non
  2. L’achat,la vente,l’échange,la mise en valeur,le lotissement,l’exploitation,la location et l’affermage de tous immeubles non bâtis
  3. La réalisation de toutes opérations relatives à la promotion immobilière,à l’activité d’administrateur de biens,de marchands de biens et la prise et la remise de fonds de commerce
  4. Elle peut donner à bail ses installations et exploitations ou le donner à gérer à des tiers en tout ou en partie
  5. La société peut,d'une façon générale,accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation
  6. Elle peut s'intéresser par voie d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises associations ou sociétés ayant un objet identique,analogue ou connexe au sien,ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières ou à faciliter l'écoulement de ses produits
  7. La société peut accepter et exercer un mandat d’administrateur,de gérant ou de liquidateur dans toutes sociétés,quel que soit son objet social
  8. La société pourra exercer toutes activités d’intermédiaire commercial dans les domaines ci-dessus énumérés et dans tous secteurs dont l’activité n’est pas réglementée à ce jour
  9. La société peut constituer hypothèque ou toute autre sûreté réelle sur les biens sociaux ou se porter caution
  10. Elle peut prêter à toutes sociétés et/ou personnes physiques et se porter caution pour elles,même hypothécairement
deed of 31-03-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
de Broquevillelaan 167 registered office 1200 Woluwe-Saint-Lambert 68110 Buying and selling of own real estate 02-07-2015 2.343.730.331

Buildings and parcels at the address

Ground area
712 m²
Buildings
265 m²
Volume, LiDAR
7,421 m³
Tallest building
32.0 m
Buildings to scale, each on its own parcel
265 m², 32.0 m 265 m², 32.0 m

Location

registered office establishment The establishment unit on the map
13 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21673D0117/00E030712 m² 1 · 265 m² 32.0 m · 10

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Register as of 10 November 2026 · Peppol Directory