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HERA

Active
Cooperative companyfounded 199036 yrs activeKardinaal Mercierplein 2, 2800 Mechelen, BelgiumKBO/BCE: BE 0441.391.273
Summary

HERA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €439,531 and a net result of -€69,771. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 2159 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability15▼-21
Solvency46▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.27 in 2023; short-term debt: 78.8% and cash: 38.1% of total assets), and 79.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
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
20.9%
Return on assets
-3.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2159 sector peers (2024).
NBB · sector comparison
Position among 2159 sector peers
Solvency
better than 18%
← weakest strongest →
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 20-05-2025, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
72 d early
2023
20 d early
2022
55 d early
2021
88 d early
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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

On 27 August 1990, HERA was incorporated.1 Total assets went from EUR 1.5 million in 2018 to EUR 2.1 million in 2024 and headcount from 6.8 to 5.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€439,531▼ 15.4%
2023 · €519,596
Total assets
€2.1m▼ 12.2%
2023 · €2.4m
Net result
-€69,771
2023 · €45,197
Working capital
€398,074▼ 21.3%
2023 · €506,108
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health 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
Line20202021202220232024
Operating result€61,171▼ 41.8%€93,126▲ 52.2%€175,988▲ 89.0%€69,632▼ 60.4%-€60,920
Net result€31,939within the sector's middle half▼ 68.6%€63,475within the sector's middle half▲ 98.7%€122,889within the sector's middle half▲ 93.6%€45,197within the sector's middle half▼ 63.2%-€69,771below the sector's middle half
Equity€462,102within the sector's middle half▲ 6.0%€466,667within the sector's middle half▲ 1.0%€541,707within the sector's middle half▲ 16.1%€519,596within the sector's middle half▼ 4.1%€439,531within the sector's middle half▼ 15.4%
Total assets€1.6mwithin the sector's middle half▲ 1.9%€1.9mwithin the sector's middle half▲ 21.4%€2.2mabove the sector's middle half▲ 16.8%€2.4mabove the sector's middle half▲ 6.9%€2.1mwithin the sector's middle half▼ 12.2%
Debt€1.1m▲ 0.3%€1.5m▲ 29.8%€1.7m▲ 17.1%€1.9m▲ 10.4%€1.7m▼ 11.3%
Working capital€451,651within the sector's middle half▲ 12.9%€435,816within the sector's middle half▼ 3.5%€517,266within the sector's middle half▲ 18.7%€506,108within the sector's middle half▼ 2.2%€398,074within the sector's middle half▼ 21.3%
Solvency29.2%below the sector's middle half▲ 1.1pp24.3%below the sector's middle half▼ 4.9pp24.1%below the sector's middle half▼ 0.2pp21.7%below the sector's middle half▼ 2.5pp20.9%below the sector's middle half▼ 0.8pp
Current ratio1.40below the sector's middle half▲ 0.051.30below the sector's middle half▼ 0.101.30below the sector's middle half=1.27below the sector's middle half▼ 0.031.24below the sector's middle half▼ 0.03
Return on assets (ROA)2.0%below the sector's middle half▼ 4.5pp3.3%below the sector's middle half▲ 1.3pp5.5%within the sector's middle half▲ 2.2pp1.9%below the sector's middle half▼ 3.6pp-3.3%below the sector's middle half▼ 5.2pp
Staff (FTE)7within the sector's middle half▲ 1.4%6.9within the sector's middle half▼ 1.4%5.2within the sector's middle half▼ 24.6%5.2within the sector's middle half=5.3within the sector's middle half▲ 1.9%
above within below the middle half (P25 to P75) of NACE 86, Human health 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
-€100,000€0€100,000€200,000Operating result 2020: €61,171€61,171Net result 2020: €31,939€31,939Operating result 2021: €93,126€93,126Net result 2021: €63,475€63,475Operating result 2022: €175,988€175,988Net result 2022: €122,889€122,889Operating result 2023: €69,632€69,632Net result 2023: €45,197€45,197Operating result 2024: -€60,920-€60,920Net result 2024: -€69,771-€69,77120202021202220232024-€100,000€0€100,000€200,000Operating result 2022: €175,988€176,000Net result 2022: €122,889€123,000Operating result 2023: €69,632€69,600Net result 2023: €45,197€45,200Operating result 2024: -€60,920-€60,900Net result 2024: -€69,771-€69,800202220232024
The operating result turns negative in 2024: a loss of €60,920 after €69,632 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets €48,001 ▲ 152%
Current assets €2.1m ▼ 13.5%
Equity and liabilities €2.1m
Equity €439,531 ▼ 15.4%
Debt €1.7m ▼ 11.3%
Debt's share of the balance-sheet total rises from 78.3% to 79.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€47,228▼
2023 · €88,816
Cash flow
-€56,079▼
2023 · €64,381
Debt to equity
3.79▲
2023 · 3.62
ROE
-15.9%▼
2023 · 8.7%
Interest coverage
-0.78▼
2023 · 1.82
Debt ≤ 1 year
€1.7m▼
2023 · €1.9m
Income taxes
€3,717▼
2023 · €18,782
Staff costs
€449,639▲
2023 · €413,925
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
5.0% stopped otherwise
93% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 2,448 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 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€2.4m€2.1m▼
Fixed assets21/28€19,045€48,001▲
Intangible fixed assets21€14,798€43,962▲
Tangible fixed assets22/27€4,247€4,038▼
Plant, machinery and equipment23€2,407€2,198▼
Furniture and vehicles24€1,840€1,840=
Current assets29/58€2.4m€2.1m▼
Amounts receivable within one year40/41€1.6m€1.2m▼
Trade receivables40€1.6m€1.2m▼
Other amounts receivable41€43,995€43,665▼
Cash at bank and in hand54/58€759,143€803,528▲
Deferred charges and accrued income490/1€19,091€12,950▼
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.1m▼
Equity10/15€519,596€439,531▼
Contributions10/11€67,495€72,070▲
Reserves13€9,275€9,275=
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Tax-exempt reserves132€7,275€7,275=
Profit (loss) carried forward14€442,826€358,187▼
Amounts payable17/49€1.9m€1.7m▼
Amounts payable within one year42/48€1.9m€1.7m▼
Trade debts44€688,930€455,101▼
Suppliers440/4€688,930€455,101▼
Advances received on contracts in progress46€544,078€454,337▼
Taxes, remuneration and social security45€98,346€49,883▼
Taxes450/3€45,833-
Remuneration and social security454/9€52,514€49,883▼
Other amounts payable47/48€541,862€701,024▲
Accrued charges and deferred income492/3€5,557€6,544▲
Income statement Code20232024
Non-recurring operating income76A€6,000-
Remuneration, social security and pensions62€413,925€449,639▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,184€13,691▼
Other operating charges640/8€184€118▼
Gross operating margin9900€502,926€402,529▼
Operating profit (loss)9901€69,632-€60,920▼
Financial income75/76B€43,057€58,882▲
Recurring financial income75€43,057€58,882▲
Financial charges65/66B€48,710€64,016▲
Recurring financial charges65€48,710€60,716▲
Non-recurring financial charges66B-€3,300
Profit (loss) for the period before taxes9903€63,979-€66,054▼
Income taxes67/77€18,782€3,717▼
Profit (loss) for the period9904€45,197-€69,771▼
Profit (loss) for the period to be appropriated9905€45,197-€69,771▼
Appropriation of the result
Profit (loss) to be appropriated9906€510,134€373,055▼
Profit (loss) brought forward from the previous period14P€464,937€442,826▼
Profit to be distributed694/7€67,309€14,868▼
Return on contributions (dividend)694€51,285-
Employees696€16,024€14,868▼
Social balance
Average headcount (FTE)90875.25.3▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€500€6,000--
Remuneration, social security and pensions62-€409,419€334,580€413,925€449,639▲ 8.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,382€19,926€15,966€19,184€13,691▼ 28.6%
Other operating charges640/8-€176€366€184€118▼ 35.9%
Gross operating margin9900€479,573€522,646€526,900€502,926€402,529▼ 20.0%
Operating profit (loss)9901€61,171€93,126€175,988€69,632-€60,920▼ 187%
Financial income75/76B-€20,088€30,482€43,057€58,882▲ 36.8%
Recurring financial income75€15,150€20,088€30,482€43,057€58,882▲ 36.8%
Financial charges65/66B-€27,038€35,734€48,710€64,016▲ 31.4%
Recurring financial charges65€35,210€27,038€35,734€48,710€60,716▲ 24.6%
Non-recurring financial charges66B----€3,300-
Profit (loss) for the period before taxes9903€41,111€86,175€170,736€63,979-€66,054▼ 203%
Income taxes67/77€9,173€22,701€47,847€18,782€3,717▼ 80.2%
Profit (loss) for the period9904€31,939€63,475€122,889€45,197-€69,771▼ 254%
Profit (loss) for the period to be appropriated9905€31,939€63,475€122,889€45,197-€69,771▼ 254%
Line20202021202220232024Change
Assets
Total assets20/58€1.6m€1.9m€2.2m€2.4m€2.1m▼ 12.2%
Fixed assets21/28€14,537€35,312€29,220€19,045€48,001▲ 152%
Intangible fixed assets21€8,423€32,731€26,242€14,798€43,962▲ 197%
Tangible fixed assets22/27€6,114€2,581€2,977€4,247€4,038▼ 4.9%
Plant, machinery and equipment23--€1,137€2,407€2,198▼ 8.7%
Furniture and vehicles24-€2,581€1,840€1,840€1,840=
Current assets29/58€1.6m€1.9m€2.2m€2.4m€2.1m▼ 13.5%
Stocks and contracts in progress3€35,071€5,508----
Contracts in progress37-€5,508----
Amounts receivable within one year40/41€1.2m€672,509€1.1m€1.6m€1.2m▼ 22.4%
Trade receivables40-€621,368€1.0m€1.6m€1.2m▼ 23.0%
Other amounts receivable41-€51,141€61,726€43,995€43,665▼ 0.7%
Cash at bank and in hand54/58€333,969€1.2m€1.1m€759,143€803,528▲ 5.8%
Deferred charges and accrued income490/1-€12,572€14,685€19,091€12,950▼ 32.2%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.9m€2.2m€2.4m€2.1m▼ 12.2%
Equity10/15€462,102€466,667€541,707€519,596€439,531▼ 15.4%
Contributions10/11-€49,215€67,495€67,495€72,070▲ 6.8%
Reserves13€9,275€9,275€9,275€9,275€9,275=
Non-distributable reserves130/1-€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311-€2,000€2,000€2,000€2,000=
Tax-exempt reserves132-€7,275€7,275€7,275€7,275=
Profit (loss) carried forward14€407,232€408,177€464,937€442,826€358,187▼ 19.1%
Amounts payable17/49€1.1m€1.5m€1.7m€1.9m€1.7m▼ 11.3%
Amounts payable within one year42/48€1.1m€1.4m€1.7m€1.9m€1.7m▼ 11.4%
Trade debts44€273,511€473,126€717,459€688,930€455,101▼ 33.9%
Suppliers440/4-€473,126€717,459€688,930€455,101▼ 33.9%
Advances received on contracts in progress46-€464,288€366,665€544,078€454,337▼ 16.5%
Taxes, remuneration and social security45-€74,795€109,573€98,346€49,883▼ 49.3%
Taxes450/3-€13,491€65,167€45,833--
Remuneration and social security454/9-€61,304€44,405€52,514€49,883▼ 5.0%
Other amounts payable47/48-€436,417€502,992€541,862€701,024▲ 29.4%
Accrued charges and deferred income492/3-€4,462€4,778€5,557€6,544▲ 17.8%
Line20202021202220232024Change
Profit (loss) for the period9904€31,939€63,475€122,889€45,197-€69,771▼ 254%
+ Depreciation and write-downs630€30,382€19,926€15,966€19,184€13,691▼ 28.6%
Operating cash flow (approximation)€62,321€83,401€138,855€64,381-€56,079▼ 187%
Investment in fixed assets (approximation)--€40,701-€9,874-€9,009-€42,647▼ 373%
Change in cash-€859,884-€59,525-€375,185€44,386▲ 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.

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Timeline · acts, filings and financial milestones

2025
20-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €122,889 ▲93.6%
Operating result €175,988, net result €122,889, both a record.
31-12
Financial Equity above €500,000Eq €541,707 ▲16.1%
4 profitable years in a row build equity to €541,707.
04-05
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
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial Back to profitnet €101,662
Net result €101,662 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial 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.

Have them read with priority 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, Mechelen · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
2,050 m²
Building footprint
1,809 m²
Parcel 12025C0760/00X000, Flanders. Linked by address, not a title deed.
56 companies at this address See who is registered here
1 establishment unit
HERA
Kardinaal Mercierplein 2, 2800 MechelenNACE 7414203
since 19902.050.175.865
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025C0760/00X000
ProtectedMonumentNeoclassicistische eenheidsbebouwing: oostelijk hoekgebouwSource ↗
Flanders 2,050 m² 1 · 1,809 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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.

Public money · subsidies and aid

European Union, budget

2021 to 2025 · 32 entries · 7,251,397 EUR in total
Year Entries awarded
2025 1 0 EUR
2024 6 149,697 EUR
2023 11 0 EUR
2022 2 5,601,700 EUR
2021 12 1,500,000 EUR
Projects
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APPUI COMPLEMENTAIRE A LA FORMULATION ESRIM
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 20-06-2023 to 20-06-2024
FINAL EVALUATION OF THE EU SUPPORT TO HIGHER EDUCATION IN ASEAN REGION (EU SHARE) PROGRAMME
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 20-02-2023 to 30-06-2023
PREPARATION OF A TWINNING FICHE FOR THE EGYPTIAN DRUG AUTHORITY
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 20-02-2023 to 22-05-2023
FINAL EVALUATION OF THREE INTERVENTIONS UNDER THE DECISION INVESTING IN CULTURE AND CREATIVITY
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 15-01-2022 to 26-09-2022
ETUDE SUR LES METIERS LIES AUX JOJ 2026
11th European Development Fund · 20-09-2021 to 22-03-2022
APPUI A LA FORMULATION DU PROGRAMME D'APPUI A LA PROTECTION SOCIALE AU MAROC - PHASE II
Neighbourhood, Development and International Cooperation Instrument, Global Europe · 29-06-2021 to 29-06-2022
SUPPORT TO CIVIL SERVICE SYSTEM REFORM IN AZERBAIJAN
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Recognitions · licences · registrations

Legal Entity Identifier

549300N6WXHTIQLSSO08
live in the LEI register

Similar companies · same sector, comparable size

Of 10,437 companies in sector 86995 we hold annual accounts for 886. 528 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded27-08-1990
Fiscal year end31-12
Activities, NACEBEL 2025
72109Other research and development on natural sciences
86995Nutrition and dietetics services
Contact
Website www.hera.eu
E-mail hera@hera.eu
Phone +3238445930
E-invoicing
Reachable via Peppol
Peppol ID 0208:0441391273
Also 9925:BE0441391273
Registered 08-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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