HEPI
ActiveSummary
HEPI has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,500 and a net result of €24,132. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 928 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €18,320 | €380 | - | - | - | - |
| Remuneration, social security and pensions62 | €239 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,602 | €4,614 | €4,296 | €477 | €477 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1,517 | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€60,000 | €0 | ▲ 100% |
| Other operating charges640/8 | €6,541 | €863 | €570 | €909 | €1,334 | ▲ 46.7% |
| Non-recurring operating charges66A | €2,182 | €187 | €48 | €3,490 | €0 | ▼ 100% |
| Gross operating margin9900 | -€71,695 | €13,963 | €18,871 | €26,888 | €29,241 | ▲ 8.8% |
| Operating profit (loss)9901 | -€85,742 | €8,299 | €13,958 | €82,012 | €27,430 | ▼ 66.6% |
| Financial income75/76B | €0 | - | €9 | €0 | - | - |
| Recurring financial income75 | €0 | - | €9 | €0 | - | - |
| Financial charges65/66B | €392 | €212 | €110 | €86 | €45 | ▼ 47.8% |
| Recurring financial charges65 | €392 | €212 | €110 | €86 | €45 | ▼ 47.8% |
| Profit (loss) for the period before taxes9903 | -€86,133 | €8,086 | €13,857 | €81,926 | €27,385 | ▼ 66.6% |
| Income taxes67/77 | -€0 | - | - | - | €3,253 | - |
| Profit (loss) for the period9904 | -€86,133 | €8,086 | €13,857 | €81,926 | €24,132 | ▼ 70.5% |
| Profit (loss) for the period to be appropriated9905 | -€86,133 | €8,086 | €13,857 | €81,926 | €24,132 | ▼ 70.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233,170 | €119,867 | €86,409 | €87,755 | €29,432 | ▼ 66.5% |
| Fixed assets21/28 | €39,862 | €35,853 | €31,546 | €27,579 | €27,103 | ▼ 1.7% |
| Tangible fixed assets22/27 | €39,862 | €35,853 | €31,546 | €27,579 | €27,103 | ▼ 1.7% |
| Land and buildings22 | €29,009 | €28,533 | €28,056 | €27,579 | €27,103 | ▼ 1.7% |
| Plant, machinery and equipment23 | €4,670 | €3,559 | €2,151 | €0 | - | - |
| Furniture and vehicles24 | €6,183 | €3,761 | €1,339 | €0 | - | - |
| Current assets29/58 | €193,308 | €84,014 | €54,863 | €60,176 | €2,329 | ▼ 96.1% |
| Amounts receivable after more than one year29 | - | - | - | €60,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €60,000 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €139,340 | €80,756 | €35,968 | €0 | - | - |
| Trade receivables40 | €122,078 | €80,719 | €35,968 | €0 | - | - |
| Other amounts receivable41 | €17,262 | €37 | - | - | - | - |
| Cash at bank and in hand54/58 | €53,968 | €2,533 | €18,639 | €176 | €2,329 | ▲ 1,223% |
| Deferred charges and accrued income490/1 | - | €725 | €257 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233,170 | €119,867 | €86,409 | €87,755 | €29,432 | ▼ 66.5% |
| Equity10/15 | €152,770 | €37,856 | €2,500 | €2,500 | €2,500 | = |
| Contributions10/11 | €18,592 | €18,592 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €13,655 | €19,264 | - | - | - | - |
| Non-distributable reserves130/1 | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | - | - | - | - | - |
| Distributable reserves133 | €11,796 | €19,264 | - | - | - | - |
| Profit (loss) carried forward14 | €120,523 | - | - | €0 | €0 | - |
| Provisions and deferred taxes16 | €60,000 | €60,000 | €60,000 | €0 | - | - |
| Provisions for liabilities and charges160/5 | €60,000 | €60,000 | €60,000 | €0 | - | - |
| Environmental obligations163 | €60,000 | €60,000 | €60,000 | €0 | - | - |
| Amounts payable17/49 | €20,401 | €22,011 | €23,909 | €85,255 | €26,932 | ▼ 68.4% |
| Amounts payable within one year42/48 | €20,401 | €22,011 | €23,909 | €85,255 | €26,932 | ▼ 68.4% |
| Financial debts43 | - | €23 | - | - | - | - |
| Credit institutions430/8 | - | €23 | - | - | - | - |
| Trade debts44 | €4,910 | €7,053 | €10,053 | €3,330 | €121 | ▼ 96.4% |
| Suppliers440/4 | €4,910 | €7,053 | €10,053 | €3,330 | €121 | ▼ 96.4% |
| Taxes, remuneration and social security45 | - | - | - | - | €2,253 | - |
| Taxes450/3 | - | - | - | - | €2,253 | - |
| Other amounts payable47/48 | €15,490 | €14,936 | €13,857 | €81,926 | €24,558 | ▼ 70.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,133 | €8,086 | €13,857 | €81,926 | €24,132 | ▼ 70.5% |
| + Depreciation and write-downs630 | €6,602 | €4,614 | €4,296 | €477 | €477 | = |
| Operating cash flow (approximation) | -€79,531 | €12,701 | €18,152 | €82,403 | €24,608 | ▼ 70.1% |
| Investment in fixed assets (approximation) | - | -€605 | €12 | €3,490 | €0 | ▼ 100% |
| Change in cash | - | -€51,435 | €16,106 | -€18,463 | €2,153 | ▲ 112% |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24061A0254/00E002 | Flanders | 2,285 m² | 1 · 514 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 ownersChain of control
- KODO Technigarden
- HEPI
Highest known parent: KODO Technigarden. The sources do not say who stands above it.
Owners 2
- KODO Technigardenparent100%
- 5 OAKSparentSourceaccounts 5 OAKS 202399.46%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.