HEROO
InactiveHEROO was declared bankrupt on 01-08-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 16-09-2025, published in the Belgian State Gazette on 23-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 7 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-10-2023, 66 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
66 d late
2021
75 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 65 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€306,905
EBIT margin
8.9%
Net result
-€13,406
2021 · €18,724
Working capital
-€14,266▲ 48.1%
2021 · -€27,469
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
Line20182019202020212022
Turnover€306,905-
Operating result€27,318-€27,318=€13,288▼ 51.4%€19,830▲ 49.2%-€14,275
Net result€26,520-€26,520=€12,842▼ 51.6%€18,724▲ 45.8%-€13,406
EBIT margin8.9%-
Equity€10,093-€22,935▲ 127%€26,972▲ 17.6%€33,953▲ 25.9%€20,547▼ 39.5%
Total assets€202,219-€207,259▲ 2.5%€207,259=€187,470▼ 9.5%€52,524▼ 72.0%
Debt€192,126-€192,126=€184,324▼ 4.1%€153,517▼ 16.7%€31,977▼ 79.2%
Working capital-€38,130--€44,287▼ 16.1%-€44,287=-€27,469▲ 38.0%-€14,266▲ 48.1%
Staff (FTE)1.1-0.8▼ 27.3%0.8=1▲ 25.0%0.4▼ 60.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €14,275 after €19,830 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €52,524
Fixed assets
€34,813 ▼ 77.7%
Current assets
€17,711 ▼ 43.1%
Equity and liabilities €52,524
Equity
€20,547 ▼ 39.5%
Debt
€31,977 ▼ 79.2%
Debt's share of the balance-sheet total falls from 81.9% to 60.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€12,604▼
2021 · €21,539
Cash flow
-€11,735▼
2021 · €20,433
Current ratio
0.55▲
2021 · 0.53
Debt to equity
1.56▼
2021 · 4.52
ROE
-65.2%▼
2021 · 55.1%
ROA
-25.5%▼
2021 · 10.0%
Interest coverage
-44.98▼
2021 · 110.16
Debt ≤ 1 year
€31,977▼
2021 · €58,579
Staff costs
€22,603▲
2021 · €907
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €306,905 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | €130 | - |
| Remuneration, social security and pensions62 | - | - | - | €907 | €22,603 | ▲ 2,392% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,257 | €23,257 | €7,777 | €1,709 | €1,671 | ▼ 2.2% |
| Other operating charges640/8 | - | - | - | €1,126 | €1,645 | ▲ 46.1% |
| Gross operating margin9900 | €80,851 | €80,851 | €47,767 | €23,572 | €11,645 | ▼ 50.6% |
| Operating profit (loss)9901 | €27,318 | €27,318 | €13,288 | €19,830 | -€14,275 | ▼ 172% |
| Financial income75/76B | - | - | - | €1 | €1,149 | ▲ 229,746% |
| Recurring financial income75 | €143 | €143 | €467 | €1 | €1,149 | ▲ 229,746% |
| Financial charges65/66B | - | - | - | €196 | €280 | ▲ 43.3% |
| Recurring financial charges65 | €941 | €941 | €472 | €196 | €280 | ▲ 43.3% |
| Profit (loss) for the period before taxes9903 | €26,520 | €26,520 | €12,842 | €19,635 | -€13,406 | ▼ 168% |
| Income taxes67/77 | - | €0 | €0 | €911 | - | - |
| Profit (loss) for the period9904 | €26,520 | €26,520 | €12,842 | €18,724 | -€13,406 | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | €26,520 | €26,520 | €12,842 | €18,724 | -€13,406 | ▼ 172% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €202,219 | €207,259 | €207,259 | €187,470 | €52,524 | ▼ 72.0% |
| Formation expenses20 | €487 | €487 | €487 | - | - | - |
| Fixed assets21/28 | €162,863 | €162,863 | €162,863 | €156,359 | €34,813 | ▼ 77.7% |
| Intangible fixed assets21 | €154,800 | €154,800 | €154,800 | €150,675 | €30,800 | ▼ 79.6% |
| Tangible fixed assets22/27 | €8,063 | €8,063 | €8,063 | €5,684 | €4,013 | ▼ 29.4% |
| Plant, machinery and equipment23 | - | - | - | €5,043 | €3,532 | ▼ 30.0% |
| Furniture and vehicles24 | - | - | - | €641 | €481 | ▼ 25.0% |
| Financial fixed assets28 | - | €0 | €0 | - | - | - |
| Current assets29/58 | €38,870 | €43,909 | €43,909 | €31,111 | €17,711 | ▼ 43.1% |
| Stocks and contracts in progress3 | €4,474 | €4,474 | €4,474 | - | - | - |
| Amounts receivable within one year40/41 | €11,938 | €29,428 | €29,428 | €9,500 | €9,848 | ▲ 3.7% |
| Other amounts receivable41 | - | - | - | €9,500 | €9,848 | ▲ 3.7% |
| Current investments50/53 | - | €0 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €22,458 | €22,458 | €15,414 | €21,611 | €7,863 | ▼ 63.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €202,219 | €207,259 | €207,259 | €187,470 | €52,524 | ▼ 72.0% |
| Equity10/15 | €10,093 | €22,935 | €26,972 | €33,953 | €20,547 | ▼ 39.5% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€8,457 | -€8,457 | -€8,457 | €15,403 | €1,997 | ▼ 87.0% |
| Amounts payable17/49 | €192,126 | €192,126 | €184,324 | €153,517 | €31,977 | ▼ 79.2% |
| Amounts payable after more than one year17 | €115,127 | €115,127 | €96,127 | €94,938 | - | - |
| Financial debts170/4 | - | - | - | €94,938 | - | - |
| Amounts payable within one year42/48 | €77,000 | €88,197 | €88,197 | €58,579 | €31,977 | ▼ 45.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €24,938 | - | - |
| Trade debts44 | €27,341 | €29,146 | €33,877 | €17,630 | €19,988 | ▲ 13.4% |
| Suppliers440/4 | - | - | - | €17,630 | €19,988 | ▲ 13.4% |
| Taxes, remuneration and social security45 | - | - | - | €2,465 | €4,696 | ▲ 90.5% |
| Taxes450/3 | - | - | - | €2,459 | €4,613 | ▲ 87.6% |
| Remuneration and social security454/9 | - | - | - | €6 | €83 | ▲ 1,391% |
| Other amounts payable47/48 | - | - | - | €13,547 | €7,293 | ▼ 46.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,520 | €26,520 | €12,842 | €18,724 | -€13,406 | ▼ 172% |
| + Depreciation and write-downs630 | €23,257 | €23,257 | €7,777 | €1,709 | €1,671 | ▼ 2.2% |
| Operating cash flow (approximation) | €49,776 | €49,776 | €20,620 | €20,433 | -€11,735 | ▼ 157% |
| Investment in fixed assets (approximation) | - | -€23,257 | -€7,777 | €4,795 | €119,875 | ▲ 2,400% |
| Change in cash | - | €0 | -€7,043 | €6,196 | -€13,748 | ▼ 322% |
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
2025
23-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-09-2025
2024
07-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-08-2024
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet -€13,406
Net result drops to -€13,406, the lowest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JAN BRAECKMANS GROTE STEENWEG 417,
2600 BERCHEM (ANTWERPEN) |
01-08-2024 → 16-09-2025 |