HERO
ActiveSummary
HERO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €756k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 19% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+1
Solvency41▲+2
Growth85▲+13
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.58 in 2024; short-term debt: 8% and cash: 1.7% of total assets), and 84.5% of the assets are financed with debt.
Credit check for your own amount and term
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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.5%
Return on assets
0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 8692 sector peers (2025).
NBB · sector comparisonPosition among 8692 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 9 filingsDeviation from the deadline
2025
25 d late
2024
43 d late
2023
27 d late
2022
15 d late
2021
37 d late
2020
31 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€384k▲ 21.0%
2018 · €317k
2018: €317k
2019: €384k▲ +21.0% vs 2018
2018 → 2019
EBIT margin
24.4%▲ 4.6pp
2018 · 19.7%
2018: 19.7%
2019: 24.4%▲ +23.5% vs 2018
2018 → 2019
Net result
€9k▼ 38.5%
2024 · €14k
2018: €-539
2019: €6k▲ +1291% vs 2018
2020: €2k▼ -63.3% vs 2019
2021: €2k▼ -10.7% vs 2020
2022: €-21k▼ -1120% vs 2021lowest in 8 years
2023: €-12k▲ +45.4% vs 2022
2024: €14k▲ +220% vs 2023highest in 8 years
2025: €9k▼ -38.5% vs 2024
2018 → 2025
Working capital
€-297k▼ 59.3%
2024 · €-187k
2018: €543khighest in 8 years
2019: €-309k▼ -157% vs 2018lowest in 8 years
2020: €305k▲ +199% vs 2019
2021: €278k▼ -8.8% vs 2020
2022: €12k▼ -95.6% vs 2021
2023: €17k▲ +40.4% vs 2022
2024: €-187k▼ -1185% vs 2023
2025: €-297k▼ -59.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€766k-€745k▼ 2.8%€733k▼ 1.6%€747k▲ 1.9%€756k▲ 1.2%
2021: €766khighest in 5 years
2022: €745k▼ -2.8% vs 2021
2023: €733k▼ -1.6% vs 2022lowest in 5 years
2024: €747k▲ +1.9% vs 2023
2025: €756k▲ +1.2% vs 2024
Operating result€98k-€84k▼ 14.5%€62k▼ 26.0%€83k▲ 34.5%€76k▼ 8.6%
2021: €98khighest in 5 years
2022: €84k▼ -14.5% vs 2021
2023: €62k▼ -26.0% vs 2022lowest in 5 years
2024: €83k▲ +34.5% vs 2023
2025: €76k▼ -8.6% vs 2024
Net result€2k-€-21k€-12k▲ 45.4%€14k€9k▼ 38.5%
2021: €2k
2022: €-21k▼ -1120% vs 2021lowest in 5 years
2023: €-12k▲ +45.4% vs 2022
2024: €14k▲ +220% vs 2023highest in 5 years
2025: €9k▼ -38.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.87M
Fixed assets
€4.78M ▼ 4.7%
Current assets
€93k ▼ 64.7%
Equity and liabilities €4.87M
Equity
€756k ▲ 1.2%
Debt
€4.12M ▼ 9.1%
Debt's share of the balance-sheet total falls from 85.8% to 84.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€311k▼
2024 · €319k
Cash flow
€243k▼
2024 · €249k
Current ratio
0.24▼
2024 · 0.58
Debt to equity
5.45▼
2024 · 6.06
ROE
1.1%▼
2024 · 1.9%
ROA
0.2%▼
2024 · 0.3%
Interest coverage
4.36▲
2024 · 4.14
Debt ≤ 1 year
€390k▼
2024 · €449k
Debt > 1 year
€3.73M▼
2024 · €4.08M
Income taxes
€790
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.28M€4.87M▼
Fixed assets21/28€5.01M€4.78M▼
Tangible fixed assets22/27€5.01M€4.78M▼
Land and buildings22€5.01M€4.78M▼
Current assets29/58€262k€93k▼
Amounts receivable within one year40/41€2k€3k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€254k€82k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€5.28M€4.87M▼
Equity10/15€747k€756k▲
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-9k€-213▲
Amounts payable17/49€4.53M€4.12M▼
Amounts payable after more than one year17€4.08M€3.73M▼
Financial debts170/4€4.08M€3.73M▼
Amounts payable within one year42/48€449k€390k▼
Financial debts43€348k€354k▲
Credit institutions430/8€348k€354k▲
Trade debts44€101k€36k▼
Suppliers440/4€101k€36k▼
Other amounts payable47/48€76€76=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235k€234k▼
Other operating charges640/8€58k€60k▲
Gross operating margin9900€377k€371k▼
Operating profit (loss)9901€83k€76k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€77k€71k▼
Recurring financial charges65€77k€71k▼
Profit (loss) for the period before taxes9903€14k€9k▼
Income taxes67/77-€790
Profit (loss) for the period9904€14k€9k▼
Profit (loss) for the period to be appropriated9905€14k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-213▲
Profit (loss) brought forward from the previous period14P€-23k€-9k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279k | €303k | €254k | €235k | €234k | ▼ 0.3% |
| Other operating charges640/8 | €19k | €33k | €127k | €58k | €60k | ▲ 3.1% |
| Gross operating margin9900 | €396k | €420k | €443k | €377k | €371k | ▼ 1.6% |
| Operating profit (loss)9901 | €98k | €84k | €62k | €83k | €76k | ▼ 8.6% |
| Financial income75/76B | - | - | €792 | €7k | €4k | ▼ 42.8% |
| Recurring financial income75 | - | - | €792 | €7k | €4k | ▼ 42.8% |
| Financial charges65/66B | €93k | €106k | €75k | €77k | €71k | ▼ 7.5% |
| Recurring financial charges65 | €93k | €106k | €75k | €77k | €71k | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €5k | €-22k | €-12k | €14k | €9k | ▼ 32.9% |
| Income taxes67/77 | €3k | €-734 | - | - | €790 | - |
| Profit (loss) for the period9904 | €2k | €-21k | €-12k | €14k | €9k | ▼ 38.5% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-21k | €-12k | €14k | €9k | ▼ 38.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.29M | €5.87M | €5.61M | €5.28M | €4.87M | ▼ 7.7% |
| Fixed assets21/28 | €5.62M | €5.50M | €5.25M | €5.01M | €4.78M | ▼ 4.7% |
| Tangible fixed assets22/27 | €5.62M | €5.50M | €5.25M | €5.01M | €4.78M | ▼ 4.7% |
| Land and buildings22 | €5.62M | €5.50M | €5.25M | €5.01M | €4.78M | ▼ 4.7% |
| Current assets29/58 | €674k | €365k | €362k | €262k | €93k | ▼ 64.7% |
| Amounts receivable within one year40/41 | €74k | €31k | €14k | €2k | €3k | ▲ 40.0% |
| Trade receivables40 | €30k | €30k | €12k | - | - | - |
| Other amounts receivable41 | €44k | €678 | €2k | €2k | €3k | ▲ 40.0% |
| Cash at bank and in hand54/58 | €596k | €332k | €342k | €254k | €82k | ▼ 67.6% |
| Deferred charges and accrued income490/1 | €4k | €2k | €6k | €6k | €7k | ▲ 20.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.29M | €5.87M | €5.61M | €5.28M | €4.87M | ▼ 7.7% |
| Equity10/15 | €766k | €745k | €733k | €747k | €756k | ▲ 1.2% |
| Contributions10/11 | €750k | €750k | €750k | €750k | €750k | = |
| Capital10 | €750k | €750k | €750k | €750k | €750k | = |
| Issued capital100 | €750k | €750k | €750k | €750k | €750k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €10k | €-11k | €-23k | €-9k | €-213 | ▲ 97.6% |
| Amounts payable17/49 | €5.53M | €5.12M | €4.88M | €4.53M | €4.12M | ▼ 9.1% |
| Amounts payable after more than one year17 | €5.11M | €4.77M | €4.43M | €4.08M | €3.73M | ▼ 8.7% |
| Financial debts170/4 | €5.11M | €4.77M | €4.43M | €4.08M | €3.73M | ▼ 8.7% |
| Amounts payable within one year42/48 | €396k | €353k | €344k | €449k | €390k | ▼ 13.2% |
| Financial debts43 | €331k | €336k | €342k | €348k | €354k | ▲ 1.7% |
| Credit institutions430/8 | €331k | €336k | €342k | €348k | €354k | ▲ 1.7% |
| Trade debts44 | €64k | €15k | €2k | €101k | €36k | ▼ 64.2% |
| Suppliers440/4 | €64k | €15k | €2k | €101k | €36k | ▼ 64.2% |
| Taxes, remuneration and social security45 | €1k | €583 | - | - | - | - |
| Taxes450/3 | €1k | €583 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €76 | €76 | = |
| Accrued charges and deferred income492/3 | €25k | - | €105k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-21k | €-12k | €14k | €9k | ▼ 38.5% |
| + Depreciation and write-downs630 | €279k | €303k | €254k | €235k | €234k | ▼ 0.3% |
| Operating cash flow (approximation) | €281k | €282k | €242k | €249k | €243k | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | €-187k | €0 | €0 | €0 | - |
| Change in cash | - | €-264k | €10k | €-88k | €-172k | ▼ 95.7% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
15-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 37 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity times 8current ratio 1.66
Current ratio from 0.22 to 1.66.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Andenne · 1 establishment unit since 2016
Ground area
329 m²
Building footprint
167 m²
Parcel 92113E0498/00N000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Hero
since 20162.257.802.583
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92113E0498/00N000 | Wallonia | 329 m² | 1 · 167 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 30,820 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-10-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail
khalilhodaibi@hotmail.comAndenne
Phone
0496/29.20.12Andenne
Scores and ratios are computed by Checked and are not a credit decision.