Heritage Estate

Active

Private limited companyfounded 2020active for 5 yearsKasteleinsplein 23, 1050 Elsene, BelgiumKBO/BCE: BE 0760.560.568

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Heritage Estate is 15.8% (high). The 2024 annual accounts show negative equity (-€79,442) and a net result of €2,827. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 15% of 15,442 sector peers (NACE 46, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Heritage EstateActiveChecked score 16/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 26-12-2020 Normal situation
Legal form: Private limited company
Registered office: Kasteleinsplein 23, 1050 Elsene
Activity: Wholesale of other food products NACE 46389and 1 other
Establishment unit: 2.313.006.966 1050 Elsene, since 26-12-2020
Financial year end: 31 December
Peppol: Reachable since 21-10-2026

Company details

Who decides

Board

Nicolas ULLENS de SCHOOTENDirector

Board & ownership

How it is doing

16 Critical Checked score 2024

Bankruptcy probabilitywithin 12 months: 15.8%

Annual accounts 2024

Gross margin: €22,383; ▲ 12.1%
Turnover: ≈ €370,000; estimated
Profit: €2,827
Equity: -€79,442; ▲ 3.4%
Total assets: €315,121; ▼ 6.7%

2025 accounts not filed, 93 days past the deadline

Filed on 25-08-2025PDF

Financials

Why 16raises risk3 changes of registered office in 24 monthsFigures for financial year 2024 (filed 26-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 25 days late; 1 of the last 3 lateLiquidity: current ratio 0.01, cash €511, halvedShow the evidence

Checked score

Score 2024

16 / 100

Critical

Probability in this band: over 15.0%

Financially better than 31% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 0-1

equity -25.2% of total assets

Liquidity 35-7

short-term debt 35.0% · cash 0.2%

Profitability 45+11

return on assets 0.9%

Bankruptcy probability, 12 months

15.8% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)

Last 24 months 11-2024: 2.0% 12-2024: 1.9%▼ -0.1 percentage points vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025lowest value 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 4.7%▲ +2.8 percentage points vs 04-2025 06-2025: 4.9%▲ +0.2 percentage points vs 05-2025 07-2025: 5.0%▲ +0.1 percentage points vs 06-2025 08-2025: 5.3%▲ +0.3 percentage points vs 07-2025 09-2025: 4.7%▼ -0.6 percentage points vs 08-2025 10-2025: 4.7%● unchanged vs 09-2025 11-2025: 10.3%▲ +5.6 percentage points vs 10-2025 12-2025: 10.1%▼ -0.2 percentage points vs 11-2025 01-2026: 10.3%▲ +0.2 percentage points vs 12-2025 02-2026: 10.3%● unchanged vs 01-2026 03-2026: 10.1%▼ -0.2 percentage points vs 02-2026 04-2026: 10.1%● unchanged vs 03-2026 05-2026: 10.2%▲ +0.1 percentage points vs 04-2026 06-2026: 10.2%● unchanged vs 05-2026 07-2026: 10.0%▼ -0.2 percentage points vs 06-2026 08-2026: 10.7%▲ +0.7 percentage points vs 07-2026 09-2026: 11.7%▲ +1.0 percentage point vs 08-2026 10-2026: 15.8%▲ +4.1 percentage points vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.01, compared with 0.13 in 2023, below 1; short-term debt: 35% and cash: 0.2% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 6% on solvency, 32% on liquidity, 36% on profitability and 51% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Seven signals.

raises risk

3 changes of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2024 (filed 26-08-2025)

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 25 days late; 1 of the last 3 late

NBB · filings

Liquidity: current ratio 0.01, cash €511, halved

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 15442 sector peers (2024).

NBB · sector comparison

Position among 15442 sector peers

Solvency

better than 15%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.

NBB · 4 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline01-11-2026 today

2024 accounts filed 25 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 4 filings

Deviation from the deadline

2025

not filed

2024

25 days late

2023

31 days late

2022

30 days late

2021

29 days 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 29 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: Negative equityfinancial year 2024: debts exceed assets -€79,442 View
Caution: Among the weakest 7% on equitysector median €56,385 · 15,477 companies -€79,442 View
Caution: Board changedlatest change 22-05-2026 · 1 in office 1 joined · 1 left View

Documents

Key facts about Heritage Estate

What is the company number of Heritage Estate?: 0760.560.568. In Belgium the VAT number is the company number with BE in front: BE 0760.560.568.
Where is Heritage Estate based?: The registered office is at Kasteleinsplein 23, 1050 Elsene.Company details
What does Heritage Estate do?: According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
What is the legal form of Heritage Estate?: Private limited company (BV).
When was Heritage Estate founded?: On 26-12-2020.
Is Heritage Estate still active?: Yes, Heritage Estate is an active enterprise in the KBO register.
What is the turnover of Heritage Estate?: ≈ €370,000 in financial year 2024. Estimated from the gross margin of €22,383: probably between €170,000 and €600,000, based on 48 comparable companies, NACE 463. A rough estimate.Financials
Is Heritage Estate profitable?: In financial year 2024, Heritage Estate made a profit of €2,827.
Where can I find the annual accounts of Heritage Estate?: Heritage Estate filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Companies related to Heritage Estate

Comparable companies

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

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

Overview