Equity
HEROES EN C° has made a profit in every financial year since 2006.
HEROES EN C° has made a profit in every financial year since 2006.
The result rose in 2025 from €393,953 to €588,817.
The accounts state no turnover.
Between 2020 and 2025, 27% of the full-time equivalents disappeared.
The last five annual accounts were filed 33 to 50 days before the end of the period.
Higher solvency than 88% of companies in wholesale trade. Sector median 45.2% · 6,188 companies.
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 87% on liquidity, 76% on profitability and 71% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 31,368 companies had the same profile as HEROES EN C° has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HEROES EN C° itself: < 0.1% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for HEROES EN C°. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 7.12 (5.07 in 2024), above the usual 1.5. Short-term debt is 10.4% and cash 29.4% of total assets. 16.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| HEROES EN C° Holsbeek | €5.4m | €1.6m | 83.3% | 7.2 |
| RIJK ZWAAN BELGIUM Stabroek | €4.6m | €2.1m | 17.5% | 10.8 |
| VEEVOEDERS DE KINDER Buggenhout | €7.4m | €1.2m | 67.9% | 6.7 |
| Opsommer Handel en Vervoer Ypres | €7.8m | €1.8m | 38.2% | 4.5 |
| DE BAERE AGRO Aalter | €4.8m | €1.9m | 57.8% | 11.7 |
| AGRO WAASLAND Sint-Gillis-Waas | €3.5m | €0.9m | 45.1% | 5.6 |
| VOEDERS CEUSTERS Merksplas | €4.9m | €0.7m | 38.6% | 6.1 |
These companies have the same main activity as HEROES EN C°: wholesale of agricultural produce and animal feed, general range (NACE 46216). They are comparable in size and age: total assets between €3.5m and €7.8m, founded between 1968 and 1977.
HEROES EN C° has existed since 1968. The gross margin grew from €470,011 in 2006 to €1.6m in 2025 and staff from 4.2 to 7.2 full-time equivalents.
In October 2023, the Official Gazette published the appointment of ROBIJNS Peter as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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