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Herocs

Open bankruptcy
Private limited companyfounded 2020Roderveldlaan 4, 2600 Antwerpen, BelgiumKBO/BCE: BE 0750.771.387

A bankruptcy procedure is open for Herocs according to publications in the Belgian State Gazette; curator: KJELL SWARTELE.

Summary

The 2023 annual accounts show negative equity (-€234,802) and a net result of -€62,862.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
3 September 2024
Supervising judge
Geert De Greef
Official Gazette
07-10-2024 (pdf) ↗search the document for 2024/137708

Curator

  • Kjell SwarteleAnselmostraat 2, 2018 Antwerpen 1kjell.swartele@vanhoucke-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 31-08-2023, 61 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
61 d early
2022
54 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 58 days before 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

Herocs was incorporated on 16 July 2020 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 3 September 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 07-10-2024

Go further with this company

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

Financials · fiscal year 2023, abbreviated schema

Equity
-€234,802▼ 36.6%
2022 · -€171,940
Total assets
€170,124▲ 111%
2022 · €80,442
Net result
-€62,862▲ 65.4%
2022 · -€181,940
Working capital
-€276,968▼ 39.9%
2022 · -€197,963
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
Line20222023
Operating result-€181,611--€62,599▲ 65.5%
Net result-€181,940--€62,862▲ 65.4%
Equity-€171,940--€234,802▼ 36.6%
Total assets€80,442-€170,124▲ 111%
Debt€252,382-€404,926▲ 60.4%
Working capital-€197,963--€276,968▼ 39.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2023 Net result +65% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2022: -€181,611-€181,611Net result 2022: -€181,940-€181,940Operating result 2023: -€62,599-€62,599Net result 2023: -€62,862-€62,86220222023-€200,000-€150,000-€100,000-€50,000€0Operating result 2022: -€181,611-€182,000Net result 2022: -€181,940-€182,000Operating result 2023: -€62,599-€62,600Net result 2023: -€62,862-€62,90020222023
The operating result stays negative: a loss of €62,599 in 2023 against €181,611 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €170,124
Fixed assets €42,651 ▲ 41.7%
Current assets €127,473 ▲ 153%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€53,591▲
2022 · -€169,148
Cash flow
-€53,854▲
2022 · -€169,477
Solvency
-138.0%▲
2022 · -213.7%
Current ratio
0.32▲
2022 · 0.20
Quick ratio
0.12▲
2022 · 0.05
Debt to equity
-1.72▼
2022 · -1.47
ROA
-37.0%▲
2022 · -226.2%
Interest coverage
-195.59▲
2022 · -458.40
Debt ≤ 1 year
€404,441▲
2022 · €248,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 39 lines
Balance sheet Code20222023
Assets
Total assets20/58€80,442€170,124▲
Fixed assets21/28€30,099€42,651▲
Tangible fixed assets22/27€30,099€42,651▲
Plant, machinery and equipment23€9,443€7,754▼
Other tangible fixed assets26€20,656€34,897▲
Current assets29/58€50,343€127,473▲
Stocks and contracts in progress3€38,780€80,930▲
Stocks30/36€38,780€80,930▲
Amounts receivable within one year40/41€3,401€38,053▲
Trade receivables40€129€32,778▲
Other amounts receivable41€3,272€5,275▲
Cash at bank and in hand54/58€8,038€8,394▲
Deferred charges and accrued income490/1€124€96▼
Equity and liabilities
Total equity and liabilities10/49€80,442€170,124▲
Equity10/15-€171,940-€234,802▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€181,940-€244,802▼
Amounts payable17/49€252,382€404,926▲
Amounts payable within one year42/48€248,306€404,441▲
Trade debts44€208,926€324,412▲
Suppliers440/4€208,926€324,412▲
Advances received on contracts in progress46€3,850€1,089▼
Taxes, remuneration and social security45-€217
Taxes450/3-€217
Other amounts payable47/48€35,530€78,723▲
Accrued charges and deferred income492/3€4,076€485▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,463€9,008▼
Other operating charges640/8€101€620▲
Gross operating margin9900-€169,047-€52,971▲
Operating profit (loss)9901-€181,611-€62,599▲
Financial income75/76B€40€11▼
Recurring financial income75€40€11▼
Financial charges65/66B€369€274▼
Recurring financial charges65€369€274▼
Profit (loss) for the period before taxes9903-€181,940-€62,862▲
Profit (loss) for the period9904-€181,940-€62,862▲
Profit (loss) for the period to be appropriated9905-€181,940-€62,862▲
Appropriation of the result
Profit (loss) to be appropriated9906-€181,940-€244,802▼
Profit (loss) brought forward from the previous period14P--€181,940

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,463€9,008▼ 27.7%
Other operating charges640/8€101€620▲ 514%
Gross operating margin9900-€169,047-€52,971▲ 68.7%
Operating profit (loss)9901-€181,611-€62,599▲ 65.5%
Financial income75/76B€40€11▼ 72.5%
Recurring financial income75€40€11▼ 72.5%
Financial charges65/66B€369€274▼ 25.7%
Recurring financial charges65€369€274▼ 25.7%
Profit (loss) for the period before taxes9903-€181,940-€62,862▲ 65.4%
Profit (loss) for the period9904-€181,940-€62,862▲ 65.4%
Profit (loss) for the period to be appropriated9905-€181,940-€62,862▲ 65.4%
Line20222023Change
Assets
Total assets20/58€80,442€170,124▲ 111%
Fixed assets21/28€30,099€42,651▲ 41.7%
Tangible fixed assets22/27€30,099€42,651▲ 41.7%
Plant, machinery and equipment23€9,443€7,754▼ 17.9%
Other tangible fixed assets26€20,656€34,897▲ 68.9%
Current assets29/58€50,343€127,473▲ 153%
Stocks and contracts in progress3€38,780€80,930▲ 109%
Stocks30/36€38,780€80,930▲ 109%
Amounts receivable within one year40/41€3,401€38,053▲ 1,019%
Trade receivables40€129€32,778▲ 25,309%
Other amounts receivable41€3,272€5,275▲ 61.2%
Cash at bank and in hand54/58€8,038€8,394▲ 4.4%
Deferred charges and accrued income490/1€124€96▼ 22.6%
Equity and liabilities
Total equity and liabilities10/49€80,442€170,124▲ 111%
Equity10/15-€171,940-€234,802▼ 36.6%
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€181,940-€244,802▼ 34.6%
Amounts payable17/49€252,382€404,926▲ 60.4%
Amounts payable within one year42/48€248,306€404,441▲ 62.9%
Trade debts44€208,926€324,412▲ 55.3%
Suppliers440/4€208,926€324,412▲ 55.3%
Advances received on contracts in progress46€3,850€1,089▼ 71.7%
Taxes, remuneration and social security45-€217-
Taxes450/3-€217-
Other amounts payable47/48€35,530€78,723▲ 122%
Accrued charges and deferred income492/3€4,076€485▼ 88.1%
Line20222023Change
Profit (loss) for the period9904-€181,940-€62,862▲ 65.4%
+ Depreciation and write-downs630€12,463€9,008▼ 27.7%
Operating cash flow (approximation)-€169,477-€53,854▲ 68.2%
Investment in fixed assets (approximation)--€21,560-
Change in cash-€356-

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

2024
07-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 03-09-2024
2023
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
07-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
SignalNBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 2 establishment units since 2020
seat establishment All 2 establishment units on the map
Ground area
1.7 ha
Building footprint
3,744 m²
Volume, LiDAR
41,669 m³
3 parcels, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
16 companies at this address See who is registered here
2 establishment units
Herocs
Ter Stratenweg 37, 2520 RanstWholesale trade
since 20202.305.565.284
Pop'd
Frankrijklei 28, 2000 AntwerpenWholesale trade
since 20212.320.463.001
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0289/00S000 Flanders 1.0 ha 1 · 1,060 m² 22.7 m · 7 fl.
11031C0327/00K000 Flanders 5,907 m² 1 · 2,194 m² 9.2 m · 2 fl.
11803C0011/00S002 Flanders 795 m² 1 · 490 m² 32.1 m · 9 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator KJELL SWARTELE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
03-09-2024 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Heroik 100%
  2. Herocs

Highest known parent: Heroik. The sources do not say who stands above it.

Owners 1

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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2022 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,103 companies in sector 47640 we hold annual accounts for 907. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-07-2020
Fiscal year end31-03
Activities, NACEBEL 2025
47640Retail sale of games and toys
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

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