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HEPPIMMO

Active
Private limited companyfounded 20206 yrs activeWirtzfelder Weg 45, 4750 Bütgenbach, BelgiumKBO/BCE: BE 0753.446.312
Summary

The computed 12-month bankruptcy probability of HEPPIMMO is 3.3% (moderate). The 2024 annual accounts show equity of €25,010 and a net result of €12,208. Equity is growing by ~18.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability73▲+4
Solvency32▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 4.11 against 0.97 in 2023; short-term debt: 22.8% and cash: 11.1% of total assets), but 92.8% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
7.2%
Return on assets
3.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
86 d late
2022
92 d late
2021
6 d early
← 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 50 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HEPPIMMO was incorporated on 28 August 2020 as a Private limited company.1 Total assets rose from EUR 307,285 in 2021 to EUR 346,496 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,208▲ 836%
2023 · €1,304
Working capital
€245,696
2023 · -€6,707
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€15,701-€1,429▼ 90.9%€2,031▲ 42.1%€15,847▲ 680%
Net result€10,981-€175▼ 98.4%€1,304▲ 643%€12,208▲ 836%
Equity€12,181-€12,356▲ 1.4%€13,660▲ 10.6%€25,010▲ 83.1%
Total assets€307,285-€324,208▲ 5.5%€279,399▼ 13.8%€346,496▲ 24.0%
Debt€295,104-€311,851▲ 5.7%€265,739▼ 14.8%€321,486▲ 21.0%
Working capital€13,973-€1,056▼ 92.4%-€6,707€245,696
Staff (FTE)1
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2021: €15,701€15,701Net result 2021: €10,981€10,981Operating result 2022: €1,429€1,429Net result 2022: €175€175Operating result 2023: €2,031€2,031Net result 2023: €1,304€1,304Operating result 2024: €15,847€15,847Net result 2024: €12,208€12,2082021202220232024€0€5,000€10,000€15,000Operating result 2022: €1,429€1,430Net result 2022: €175€175Operating result 2023: €2,031€2,030Net result 2023: €1,304€1,300Operating result 2024: €15,847€15,800Net result 2024: €12,208€12,200202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 680% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €346,496
Fixed assets €21,762 ▼ 0.3%
Current assets €324,734 ▲ 26.1%
Equity and liabilities €346,496
Equity €25,010 ▲ 83.1%
Debt €321,486 ▲ 21.0%
Debt's share of the balance-sheet total falls from 95.1% to 92.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€17,413▲
2023 · €5,181
Cash flow
€13,774▲
2023 · €4,454
Current ratio
4.11▲
2023 · 0.97
Quick ratio
3.88▲
2023 · 0.94
Debt to equity
12.85▼
2023 · 19.45
ROE
48.8%▲
2023 · 9.5%
ROA
3.5%▲
2023 · 0.5%
Interest coverage
8.05▲
2023 · 7.96
Debt ≤ 1 year
€79,038▼
2023 · €264,269
Debt > 1 year
€240,845▲
2023 · €973
Income taxes
€4,661▲
2023 · €76
Staff costs
€43,245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,250 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€279,399€346,496▲
Fixed assets21/28€21,837€21,762▼
Tangible fixed assets22/27€4,337€4,262▼
Plant, machinery and equipment23€624€1,725▲
Furniture and vehicles24€3,712€2,537▼
Financial fixed assets28€17,500€17,500=
Current assets29/58€257,562€324,734▲
Stocks and contracts in progress3€10,171€17,914▲
Stocks30/36€3,769€17,914▲
Contracts in progress37€6,402-
Amounts receivable within one year40/41€226,000€268,242▲
Trade receivables40-€13,740
Other amounts receivable41€226,000€254,502▲
Cash at bank and in hand54/58€21,391€38,339▲
Deferred charges and accrued income490/1-€239
Equity and liabilities
Total equity and liabilities10/49€279,399€346,496▲
Equity10/15€13,660€25,010▲
Contributions10/11€2,000€2,000=
Reserves13-€11,349
Distributable reserves133-€11,349
Profit (loss) carried forward14€11,660€11,660=
Amounts payable17/49€265,739€321,486▲
Amounts payable after more than one year17€973€240,845▲
Financial debts170/4€973-
Other amounts payable178/9-€240,845
Amounts payable within one year42/48€264,269€79,038▼
Current portion of amounts payable after more than one year42€11,554€30,973▲
Trade debts44€8,365€47,309▲
Suppliers440/4€8,365€47,309▲
Taxes, remuneration and social security45€565-
Taxes450/3€565-
Other amounts payable47/48€243,785€756▼
Accrued charges and deferred income492/3€496€1,603▲
Income statement Code20232024
Remuneration, social security and pensions62-€43,245
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,150€1,566▼
Other operating charges640/8€384€501▲
Gross operating margin9900€5,565€61,159▲
Operating profit (loss)9901€2,031€15,847▲
Financial income75/76B-€3,185
Recurring financial income75-€3,185
Financial charges65/66B€651€2,163▲
Recurring financial charges65€651€2,163▲
Profit (loss) for the period before taxes9903€1,380€16,870▲
Income taxes67/77€76€4,661▲
Profit (loss) for the period9904€1,304€12,208▲
Profit (loss) for the period to be appropriated9905€1,304€12,208▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,660€23,869▲
Profit (loss) brought forward from the previous period14P€10,356€11,660▲
Transfer to equity691/2-€11,349
To other reserves6921-€11,349
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62---€43,245-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,993€3,624€3,150€1,566▼ 50.3%
Other operating charges640/8€2,419-€384€501▲ 30.3%
Gross operating margin9900€23,113€5,053€5,565€61,159▲ 999%
Operating profit (loss)9901€15,701€1,429€2,031€15,847▲ 680%
Financial income75/76B€584€21-€3,185-
Recurring financial income75€584€21-€3,185-
Financial charges65/66B€995€1,274€651€2,163▲ 232%
Recurring financial charges65€995€1,274€651€2,163▲ 232%
Profit (loss) for the period before taxes9903€15,290€175€1,380€16,870▲ 1,122%
Income taxes67/77€4,309-€76€4,661▲ 6,034%
Profit (loss) for the period9904€10,981€175€1,304€12,208▲ 836%
Profit (loss) for the period to be appropriated9905€10,981€175€1,304€12,208▲ 836%
Line2021202220232024Change
Assets
Total assets20/58€307,285€324,208€279,399€346,496▲ 24.0%
Fixed assets21/28€22,072€24,324€21,837€21,762▼ 0.3%
Intangible fixed assets21€2,842€1,229---
Tangible fixed assets22/27€1,730€5,595€4,337€4,262▼ 1.7%
Plant, machinery and equipment23--€624€1,725▲ 176%
Furniture and vehicles24€1,730€5,595€3,712€2,537▼ 31.7%
Financial fixed assets28€17,500€17,500€17,500€17,500=
Current assets29/58€285,213€299,884€257,562€324,734▲ 26.1%
Stocks and contracts in progress3--€10,171€17,914▲ 76.1%
Stocks30/36--€3,769€17,914▲ 375%
Contracts in progress37--€6,402--
Amounts receivable within one year40/41€275,412€298,545€226,000€268,242▲ 18.7%
Trade receivables40-€72,545-€13,740-
Other amounts receivable41€275,412€226,000€226,000€254,502▲ 12.6%
Cash at bank and in hand54/58€9,801€879€21,391€38,339▲ 79.2%
Deferred charges and accrued income490/1-€460-€239-
Equity and liabilities
Total equity and liabilities10/49€307,285€324,208€279,399€346,496▲ 24.0%
Equity10/15€12,181€12,356€13,660€25,010▲ 83.1%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13---€11,349-
Distributable reserves133---€11,349-
Profit (loss) carried forward14€10,181€10,356€11,660€11,660=
Amounts payable17/49€295,104€311,851€265,739€321,486▲ 21.0%
Amounts payable after more than one year17€23,864€12,527€973€240,845▲ 24,657%
Financial debts170/4€23,864€12,527€973--
Other amounts payable178/9---€240,845-
Amounts payable within one year42/48€271,240€298,828€264,269€79,038▼ 70.1%
Current portion of amounts payable after more than one year42-€11,337€11,554€30,973▲ 168%
Financial debts43€11,123€20,000---
Credit institutions430/8€11,123€20,000---
Trade debts44€1,065€15,485€8,365€47,309▲ 466%
Suppliers440/4€1,065€15,485€8,365€47,309▲ 466%
Taxes, remuneration and social security45€9,527€7,011€565--
Taxes450/3€9,527€7,011€565--
Other amounts payable47/48€249,525€244,995€243,785€756▼ 99.7%
Accrued charges and deferred income492/3-€496€496€1,603▲ 223%
Line2021202220232024Change
Profit (loss) for the period9904€10,981€175€1,304€12,208▲ 836%
+ Depreciation and write-downs630€4,993€3,624€3,150€1,566▼ 50.3%
Operating cash flow (approximation)€15,974€3,800€4,454€13,774▲ 209%
Investment in fixed assets (approximation)--€5,876-€662-€1,491▼ 125%
Change in cash--€8,922€20,512€16,948▼ 17.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema · 26 days late
2024
31-12
Financial Highest result since 2021net €12,208 ▲836%
Operating result €15,847, net result €12,208, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 4.11
Current ratio from 0.97 to 4.11; short-term debt falls from €264,269 to €79,038.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 86 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema · 92 days late
2022
31-12
Financial Weakest financial yearnet €175 ▼98.4%
Net result drops to €175, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
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, Bütgenbach · 2 establishment units since 2020
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Wirtzfelder Weg 454750 Bütgenbach
2 establishment units
HEPPIMMO
Wirtzfelder Weg 45, 4750 BütgenbachReal estate development
since 20202.306.255.370
HEPPIMMO
Hünningen 24, 4784 Sankt VithSpecialised construction activities
since 20242.375.745.477

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of HEPPIMMO and those 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.

Recognitions · licences · registrations

Recognised contractor

20 categories
HEPPIMMO SRL44824
category D1, class 1 · category D10, class 1 · category D11, class 1 · category D12, class 1 · category D13, class 1 · category D14, class 1 · category D15, class 1 · category D16, class 1 · category D17, class 1 · category D18, class 1 · category D20, class 1 · category D21, class 1 · category D22, class 1 · category D25, class 1 · category D29, class 1 · category D4, class 1 · category D5, class 1 · category D8, class 1 · category G2, class 1 · category G5, class 1
decision 13-03-2025

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 12,084 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
70100Activities of head offices
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0753446312
Also 9925:BE0753446312
Registered 01-01-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.