HEPA
Open bankruptcyA bankruptcy procedure is open for HEPA according to publications in the Belgian State Gazette; curator: BORG MOESTERMANS.
Summary
The 2022 annual accounts show equity of €166,694 and a net result of -€165,151.
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, Antwerp division
- Declared bankrupt
- 6 June 2023
- Supervising judge
- Axel Gerrits
- Official Gazette
- 12-06-2023 (pdf) ↗search the document for 2023/123144
Deadlines
- Provisional date payments stopped
- 6 June 2023A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 27 June 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 6 July 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 4 August 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 6 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Borg MoestermansSuikerrui 5, 2000 Antwerpen 1advocaat@borgmoestermans.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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-05-2023, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d early
2021
46 d early
2020
16 d early
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
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?Addresses Are there other customers at risk in your own list?List enrichment How is the Cafés and bars sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, abbreviated schema
Equity
€166,694▼ 49.8%
2021 · €331,845
Total assets
€666,936▼ 12.4%
2021 · €761,212
Net result
-€165,151▲ 30.8%
2021 · -€238,677
Working capital
€122,575▼ 61.8%
2021 · €320,460
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20182019202020212022
Operating result€600,888-€649,381▲ 8.1%-€110,730-€237,134▼ 114%-€164,881▲ 30.5%
Net result€404,246-€513,626▲ 27.1%-€114,055below the sector's middle half-€238,677below the sector's middle half▼ 109%-€165,151below the sector's middle half▲ 30.8%
Equity€153,051-€684,577▲ 347%€570,522above the sector's middle half▼ 16.7%€331,845above the sector's middle half▼ 41.8%€166,694within the sector's middle half▼ 49.8%
Total assets€1.6m-€1.6m▲ 0.1%€927,052above the sector's middle half▼ 43.3%€761,212within the sector's middle half▼ 17.9%€666,936within the sector's middle half▼ 12.4%
Debt€1.5m-€950,321▼ 35.8%€356,530▼ 62.5%€429,367▲ 20.4%€500,242▲ 16.5%
Working capital-€57,894-€683,121€519,749▼ 23.9%€320,460▼ 38.3%€122,575▼ 61.8%
Solvency9.4%-41.9%▲ 32.5pp61.5%above the sector's middle half▲ 19.7pp43.6%within the sector's middle half▼ 17.9pp25.0%within the sector's middle half▼ 18.6pp
Staff (FTE)49-49=49above the sector's middle half=23.4above the sector's middle half▼ 52.2%23.5above the sector's middle half▲ 0.4%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €164,881 in 2022 against €237,134 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €666,936
Fixed assets
€102,760 ▼ 23.0%
Current assets
€564,175 ▼ 10.1%
Equity and liabilities €666,936
Equity
€166,694 ▼ 49.8%
Debt
€500,242 ▲ 16.5%
Debt's share of the balance-sheet total rises from 56.4% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€117,776▲
2021 · -€171,222
Cash flow
-€118,047▲
2021 · -€172,765
Current ratio
1.28▼
2021 · 2.04
Quick ratio
0.97▼
2021 · 1.50
Debt to equity
3.00▲
2021 · 1.29
ROE
-99.1%▼
2021 · -71.9%
ROA
-24.8%▲
2021 · -31.4%
Interest coverage
-61.32▲
2021 · -70.91
Debt ≤ 1 year
€441,601▲
2021 · €307,224
Debt > 1 year
€28,942▼
2021 · €49,221
Staff costs
€849,890▲
2021 · €514,644
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 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €57,932 | - |
| Remuneration, social security and pensions62 | - | - | - | €514,644 | €849,890 | ▲ 65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82,472 | €91,395 | €83,100 | €65,911 | €47,105 | ▼ 28.5% |
| Other operating charges640/8 | - | - | - | €31,299 | €33,158 | ▲ 5.9% |
| Non-recurring operating charges66A | - | - | - | €1,147 | €0 | ▼ 100% |
| Gross operating margin9900 | €2.4m | €2.6m | €505,737 | €375,869 | €765,272 | ▲ 104% |
| Operating profit (loss)9901 | €600,888 | €649,381 | -€110,730 | -€237,134 | -€164,881 | ▲ 30.5% |
| Financial income75/76B | - | - | - | €872 | €1,650 | ▲ 89.3% |
| Recurring financial income75 | €124 | €119 | €19 | €872 | €1,650 | ▲ 89.3% |
| Financial charges65/66B | - | - | - | €2,415 | €1,921 | ▼ 20.5% |
| Recurring financial charges65 | €5,688 | €4,802 | €3,344 | €2,415 | €1,921 | ▼ 20.5% |
| Profit (loss) for the period before taxes9903 | €600,668 | €644,698 | -€114,055 | -€238,677 | -€165,151 | ▲ 30.8% |
| Income taxes67/77 | €196,422 | €131,072 | - | - | - | - |
| Profit (loss) for the period9904 | €404,246 | €513,626 | -€114,055 | -€238,677 | -€165,151 | ▲ 30.8% |
| Profit (loss) for the period to be appropriated9905 | €404,246 | €513,626 | -€114,055 | -€238,677 | -€165,151 | ▲ 30.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.6m | €927,052 | €761,212 | €666,936 | ▼ 12.4% |
| Fixed assets21/28 | €332,512 | €253,159 | €181,348 | €133,528 | €102,760 | ▼ 23.0% |
| Tangible fixed assets22/27 | €331,958 | €252,605 | €180,794 | €132,974 | €102,206 | ▼ 23.1% |
| Land and buildings22 | - | - | - | €94,648 | €68,703 | ▼ 27.4% |
| Plant, machinery and equipment23 | - | - | - | €28,239 | €14,372 | ▼ 49.1% |
| Furniture and vehicles24 | - | - | - | €10,086 | €19,132 | ▲ 89.7% |
| Financial fixed assets28 | €554 | €554 | €554 | €554 | €554 | = |
| Current assets29/58 | €1.3m | €1.4m | €745,704 | €627,684 | €564,175 | ▼ 10.1% |
| Stocks and contracts in progress3 | €146,930 | €147,186 | €120,080 | €166,148 | €137,126 | ▼ 17.5% |
| Stocks30/36 | - | - | - | €166,148 | €137,126 | ▼ 17.5% |
| Amounts receivable within one year40/41 | €45,188 | €118,442 | €21,318 | €25,561 | €4,946 | ▼ 80.6% |
| Trade receivables40 | - | - | - | €25,561 | €4,946 | ▼ 80.6% |
| Other amounts receivable41 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €1.1m | €1.1m | €581,805 | €435,976 | €407,106 | ▼ 6.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €14,998 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €927,052 | €761,212 | €666,936 | ▼ 12.4% |
| Equity10/15 | €153,051 | €684,577 | €570,522 | €331,845 | €166,694 | ▼ 49.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | = |
| Reserves13 | €89,945 | €107,845 | €107,845 | €107,845 | €107,845 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | - | - | €97,956 | €97,956 | = |
| Distributable reserves133 | - | - | - | €3,692 | €3,692 | = |
| Profit (loss) carried forward14 | €1,105 | €514,732 | €400,677 | €162,000 | -€3,152 | ▼ 102% |
| Amounts payable17/49 | €1.5m | €950,321 | €356,530 | €429,367 | €500,242 | ▲ 16.5% |
| Amounts payable after more than one year17 | €121,203 | €94,272 | €72,037 | €49,221 | €28,942 | ▼ 41.2% |
| Financial debts170/4 | - | - | - | €26,858 | €6,579 | ▼ 75.5% |
| Other amounts payable178/9 | - | - | - | €22,363 | €22,363 | = |
| Amounts payable within one year42/48 | €1.4m | €698,618 | €225,955 | €307,224 | €441,601 | ▲ 43.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,817 | €20,279 | ▼ 11.1% |
| Trade debts44 | €544,206 | €326,113 | €61,901 | €146,593 | €273,054 | ▲ 86.3% |
| Suppliers440/4 | - | - | - | €146,593 | €273,054 | ▲ 86.3% |
| Taxes, remuneration and social security45 | - | - | - | €129,152 | €139,606 | ▲ 8.1% |
| Taxes450/3 | - | - | - | €1,148 | €17,545 | ▲ 1,428% |
| Remuneration and social security454/9 | - | - | - | €128,004 | €122,062 | ▼ 4.6% |
| Other amounts payable47/48 | - | - | - | €8,662 | €8,662 | = |
| Accrued charges and deferred income492/3 | - | - | - | €72,922 | €29,700 | ▼ 59.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €404,246 | €513,626 | -€114,055 | -€238,677 | -€165,151 | ▲ 30.8% |
| + Depreciation and write-downs630 | €82,472 | €91,395 | €83,100 | €65,911 | €47,105 | ▼ 28.5% |
| Operating cash flow (approximation) | €486,718 | €605,021 | -€30,955 | -€172,765 | -€118,047 | ▲ 31.7% |
| Investment in fixed assets (approximation) | - | -€12,042 | -€11,289 | -€18,091 | -€16,337 | ▲ 9.7% |
| Change in cash | - | €8,345 | -€534,289 | -€145,829 | -€28,870 | ▲ 80.2% |
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
2023
12-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 06-06-2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet -€238,677
Net result drops to -€238,677, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 170 days late
2019
31-12
Financial
Highest result since 2018net €513,626 ▲27.1%
Operating result €649,381, net result €513,626, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.98
Current ratio from 0.96 to 1.98; short-term debt falls from €1.4m to €698,618.
31-12
Financial
Equity above €500,000Eq €684,577 ▲347%
2 profitable years in a row build equity to €684,577.
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Show earlier events
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Antwerpen · 7 establishment units since 1987
Ground area
26.6 ha
Building footprint
8.1 ha
Volume, LiDAR
1,108,961 m³
8 parcels, Flanders · tallest building 67.1 m, ±20 floors. Linked by address, not a title deed.
41
companies at this address
See who is registered here
7 establishment units
HEPA
since 19872.029.812.003
Oosterveldlaan 24, 2610 Antwerpen
since 19932.029.812.201
HEPA
since 19972.029.812.496
HEPA
since 20042.135.977.117
HEPA - AZ St Lucas
since 20062.152.153.648
Moorselbaan 164, 9300 Aalst
since 20092.177.629.016
Show 1 more locations
Buitenring-Sint-Denijs 30, 9000 Gent
since 20152.240.796.901
8 parcels
Flanders
8
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0495/00N002 | Flanders | 7.1 ha | 1 · 1.5 ha | 44.2 m · 6 fl. |
| 11051C0173/00N000 | Flanders | 5.1 ha | 1 · 1.7 ha | 33.7 m · 4 fl. |
| 11423B0182/00C002 | Flanders | 4.9 ha | 1 · 1.5 ha | 28.9 m · 2 fl. |
| 13008H1495/00B000 | Flanders | 4.0 ha | 1 · 1.0 ha | 35.5 m · 3 fl. |
| 46445D1294/00E002 | Flanders | 2.8 ha | 1 · 1.1 ha | 28.6 m · 4 fl. |
| 44021A1459/00X000 | Flanders | 1.9 ha | 1 · 1.0 ha | 27.4 m · 5 fl. |
| 11811L3829/00N002 | Flanders | 6,537 m² | 1 · 1,955 m² | 67.1 m · 20 fl. |
| 41303E0485/00N000 | Flanders | 1,280 m² | - | - |
Linked by address, not proof of ownership
Good to know
8 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BORG MOESTERMANS SUIKERRUI 5,
2000 ANTWERPEN 1 |
06-06-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 21,838 EUR awarded · 21,838 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 21,838 EUR | 21,838 EUR |
Recognitions · licences · registrations
Food safety, FASFC
3 sitesAntwerpen2.029.812.003
Gent2.240.796.901
Sint-Niklaas2.135.977.117
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 3,292 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
Founded23-06-1987
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431495293
Also
9925:BE0431495293
Registered
28-08-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.