HEPHAISTOS
ActiveSummary
HEPHAISTOS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.16M and a net result of €9k. Equity is growing by ~2.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▼-11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
short-term debt: 0.1% and cash: 28.1% of total assets, and 0.1% 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+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
99.9%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
26 d early
2022
17 d late
2021
16 d early
2020
31 d late
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.16M▲ 0.8%
2023 · €1.15M
2018: €1.01Mlowest in 7 years
2019: €1.02M▲ +0.8% vs 2018
2020: €1.03M▲ +0.8% vs 2019
2021: €1.04M▲ +0.8% vs 2020
2022: €1.09M▲ +5.0% vs 2021
2023: €1.15M▲ +5.2% vs 2022
2024: €1.16M▲ +0.8% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.16M▲ 0.9%
2023 · €1.15M
2018: €1.71Mhighest in 7 years
2019: €1.64M▼ -3.8% vs 2018
2020: €1.65M▲ +0.9% vs 2019
2021: €1.37M▼ -16.9% vs 2020
2022: €1.10M▼ -20.3% vs 2021lowest in 7 years
2023: €1.15M▲ +4.7% vs 2022
2024: €1.16M▲ +0.9% vs 2023
2018 → 2024
Net result
€9k▼ 84.4%
2023 · €57k
2018: €9k
2019: €8k▼ -2.8% vs 2018lowest in 7 years
2020: €8k▲ +2.7% vs 2019
2021: €8k▼ -0.5% vs 2020
2022: €52k▲ +516% vs 2021
2023: €57k▲ +9.3% vs 2022highest in 7 years
2024: €9k▼ -84.4% vs 2023
2018 → 2024
Working capital
€443k▼ 0.2%
2023 · €444k
2018: €92k
2019: €86k▼ -6.1% vs 2018
2020: €81k▼ -6.6% vs 2019lowest in 7 years
2021: €134k▲ +65.5% vs 2020
2022: €396k▲ +197% vs 2021
2023: €444k▲ +12.0% vs 2022highest in 7 years
2024: €443k▼ -0.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.03M-€1.04M▲ 0.8%€1.09M▲ 5.0%€1.15M▲ 5.2%€1.16M▲ 0.8%
2020: €1.03Mlowest in 5 years
2021: €1.04M▲ +0.8% vs 2020
2022: €1.09M▲ +5.0% vs 2021
2023: €1.15M▲ +5.2% vs 2022
2024: €1.16M▲ +0.8% vs 2023highest in 5 years
Operating result€-3k-€-3k▼ 4.1%€-3k▲ 0.8%€-5k▼ 57.8%€-4k▲ 25.6%
2020: €-3khighest in 5 years
2021: €-3k▼ -4.1% vs 2020
2022: €-3k▲ +0.8% vs 2021
2023: €-5k▼ -57.8% vs 2022lowest in 5 years
2024: €-4k▲ +25.6% vs 2023
Net result€8k-€8k▼ 0.5%€52k▲ 516%€57k▲ 9.3%€9k▼ 84.4%
2020: €8k
2021: €8k▼ -0.5% vs 2020lowest in 5 years
2022: €52k▲ +516% vs 2021
2023: €57k▲ +9.3% vs 2022highest in 5 years
2024: €9k▼ -84.4% vs 2023
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 €4k in 2024 against €5k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.16M
Fixed assets
€712k ▲ 1.4%
Current assets
€445k ▲ 0.1%
Equity and liabilities €1.16M
Equity
€1.16M ▲ 0.8%
Debt
€2k ▲ 188%
Debt's share of the balance-sheet total rises from 0.0% to 0.1%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.00▲
2023 · 0.00
ROE
0.8%▼
2023 · 5.0%
ROA
0.8%▼
2023 · 5.0%
Debt ≤ 1 year
€2k▲
2023 · €545
A ratio outside any meaningful range has been withheld (balance sheet total €1.16M, equity €1.16M).
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 · 2024 against 2023 · 33 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.15M€1.16M▲
Fixed assets21/28€702k€712k▲
Financial fixed assets28€702k€712k▲
Current assets29/58€444k€445k▲
Amounts receivable within one year40/41€154k€120k▼
Other amounts receivable41€154k€120k▼
Cash at bank and in hand54/58€291k€325k▲
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.16M▲
Equity10/15€1.15M€1.16M▲
Contributions10/11€1.26M€1.26M=
Capital10€1.26M€1.26M=
Issued capital100€1.26M€1.26M=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-122k€-113k▲
Amounts payable17/49€545€2k▲
Amounts payable within one year42/48€545€2k▲
Trade debts44€545€2k▲
Suppliers440/4€545€2k▲
Other amounts payable47/48€0-
Income statement
Code20232024
Other operating charges640/8€115€126▲
Gross operating margin9900€-5k€-4k▲
Operating profit (loss)9901€-5k€-4k▲
Financial income75/76B€62k€13k▼
Recurring financial income75€62k€13k▼
Financial charges65/66B€218€218=
Recurring financial charges65€218€218=
Profit (loss) for the period before taxes9903€57k€9k▼
Profit (loss) for the period9904€57k€9k▼
Profit (loss) for the period to be appropriated9905€57k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-122k€-113k▲
Profit (loss) brought forward from the previous period14P€-179k€-122k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €111 | €112 | €115 | €126 | ▲ 9.6% |
| Gross operating margin9900 | €-3k | €-3k | €-3k | €-5k | €-4k | ▲ 26.4% |
| Operating profit (loss)9901 | €-3k | €-3k | €-3k | €-5k | €-4k | ▲ 25.6% |
| Financial income75/76B | - | €18k | €55k | €62k | €13k | ▼ 79.5% |
| Recurring financial income75 | €18k | €18k | €55k | €62k | €13k | ▼ 79.5% |
| Financial charges65/66B | - | €6k | €225 | €218 | €218 | = |
| Recurring financial charges65 | €6k | €6k | €225 | €218 | €218 | = |
| Profit (loss) for the period before taxes9903 | €8k | €8k | €52k | €57k | €9k | ▼ 84.4% |
| Profit (loss) for the period9904 | €8k | €8k | €52k | €57k | €9k | ▼ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €8k | €8k | €52k | €57k | €9k | ▼ 84.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.65M | €1.37M | €1.10M | €1.15M | €1.16M | ▲ 0.9% |
| Fixed assets21/28 | €948k | €904k | €693k | €702k | €712k | ▲ 1.4% |
| Financial fixed assets28 | €948k | €904k | €693k | €702k | €712k | ▲ 1.4% |
| Current assets29/58 | €706k | €471k | €403k | €444k | €445k | ▲ 0.1% |
| Amounts receivable within one year40/41 | €702k | €404k | €121k | €154k | €120k | ▼ 21.8% |
| Other amounts receivable41 | - | €404k | €121k | €154k | €120k | ▼ 21.8% |
| Cash at bank and in hand54/58 | €4k | €67k | €281k | €291k | €325k | ▲ 11.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.65M | €1.37M | €1.10M | €1.15M | €1.16M | ▲ 0.9% |
| Equity10/15 | €1.03M | €1.04M | €1.09M | €1.15M | €1.16M | ▲ 0.8% |
| Contributions10/11 | €1.26M | €1.26M | €1.26M | €1.26M | €1.26M | = |
| Capital10 | - | €1.26M | €1.26M | €1.26M | €1.26M | = |
| Issued capital100 | - | €1.26M | €1.26M | €1.26M | €1.26M | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €-239k | €-231k | €-179k | €-122k | €-113k | ▲ 7.3% |
| Amounts payable17/49 | €625k | €337k | €6k | €545 | €2k | ▲ 188% |
| Amounts payable within one year42/48 | €625k | €337k | €6k | €545 | €2k | ▲ 188% |
| Financial debts43 | - | €6k | €0 | - | - | - |
| Credit institutions430/8 | - | €6k | €0 | - | - | - |
| Trade debts44 | €502 | €496 | €442 | €545 | €2k | ▲ 188% |
| Suppliers440/4 | - | €496 | €442 | €545 | €2k | ▲ 188% |
| Other amounts payable47/48 | - | €331k | €6k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €8k | €52k | €57k | €9k | ▼ 84.4% |
| Operating cash flow (approximation) | €8k | €8k | €52k | €57k | €9k | ▼ 84.4% |
| Investment in fixed assets (approximation) | - | €44k | €211k | €-9k | €-10k | ▼ 2.3% |
| Change in cash | - | €63k | €214k | €9k | €34k | ▲ 263% |
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
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €57k ▲9.3%
Net result €57k, the highest in the series.
31-12
Financial
Liquidity times 13current ratio 816.20
Current ratio from 62.06 to 816.20; short-term debt falls from €6k to €545.
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 17 days late
2022
31-12
Financial
Liquidity times 44current ratio 62.06
Current ratio from 1.40 to 62.06; short-term debt falls from €337k to €6k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €8k ▼2.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Roeselare · 1 establishment unit since 2002
Ground area
2.1 ha
Building footprint
367 m²
Volume, LiDAR
2,498 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
29
companies at this address
See who is registered here
1 establishment unit
HEPHAISTOS NV
since 20022.051.493.778
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36014C0432/00T000 | Flanders | 2.0 ha | 1 · 308 m² | 12.1 m · 3 fl. |
| 36302B1339/00R002 | Flanders | 1,191 m² | 1 · 59 m² | 6.3 m · 1 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.
Identification & contact
Identification
Legal formPublic limited company
Founded19-12-1990
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.