HEROSOFT
Open bankruptcyA bankruptcy procedure is open for HEROSOFT according to publications in the Belgian State Gazette; curator: ANNELIES HELLEMANS.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €105k and a net result of €-28k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, abbreviated schema
Equity
€105k▼ 21.0%
2022 · €133k
2018: €69klowest in 6 years
2019: €88k▲ +28.2% vs 2018
2020: €122k▲ +38.5% vs 2019
2021: €132k▲ +8.2% vs 2020
2022: €133k▲ +0.9% vs 2021highest in 6 years
2023: €105k▼ -21.0% vs 2022
2018 → 2023
Total assets
€301k▼ 38.3%
2022 · €488k
2018: €814k
2019: €540k▼ -33.7% vs 2018
2020: €691k▲ +28.0% vs 2019
2021: €1.73M▲ +150% vs 2020highest in 6 years
2022: €488k▼ -71.7% vs 2021
2023: €301k▼ -38.3% vs 2022lowest in 6 years
2018 → 2023
Net result
€-28k
2022 · €1k
2018: €28k
2019: €19k▼ -30.9% vs 2018
2020: €34k▲ +75.2% vs 2019highest in 6 years
2021: €10k▼ -70.6% vs 2020
2022: €1k▼ -87.7% vs 2021
2023: €-28k▼ -2370% vs 2022lowest in 6 years
2018 → 2023
Working capital
€106k▼ 35.4%
2022 · €164k
2018: €54klowest in 6 years
2019: €58k▲ +7.9% vs 2018
2020: €97k▲ +67.3% vs 2019
2021: €1.11M▲ +1046% vs 2020highest in 6 years
2022: €164k▼ -85.2% vs 2021
2023: €106k▼ -35.4% vs 2022
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€88k-€122k▲ 38.5%€132k▲ 8.2%€133k▲ 0.9%€105k▼ 21.0%
2019: €88klowest in 5 years
2020: €122k▲ +38.5% vs 2019
2021: €132k▲ +8.2% vs 2020
2022: €133k▲ +0.9% vs 2021highest in 5 years
2023: €105k▼ -21.0% vs 2022
Operating result€51k-€63k▲ 23.1%€-26k€122k€-162k
2019: €51k
2020: €63k▲ +23.1% vs 2019
2021: €-26k▼ -142% vs 2020
2022: €122k▲ +566% vs 2021highest in 5 years
2023: €-162k▼ -233% vs 2022lowest in 5 years
Net result€19k-€34k▲ 75.2%€10k▼ 70.6%€1k▼ 87.7%€-28k
2019: €19k
2020: €34k▲ +75.2% vs 2019highest in 5 years
2021: €10k▼ -70.6% vs 2020
2022: €1k▼ -87.7% vs 2021
2023: €-28k▼ -2370% vs 2022lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €162k after €122k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €301k
Fixed assets
€899 ▼ 89.4%
Current assets
€300k ▼ 37.4%
Equity and liabilities €301k
Equity
€105k ▼ 21.0%
Debt
€196k ▼ 44.8%
Debt's share of the balance-sheet total falls from 72.8% to 65.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-162k▼
2022 · €133k
Cash flow
€-28k▼
2022 · €13k
Current ratio
1.55▲
2022 · 1.52
Quick ratio
1.26▲
2022 · 1.03
Debt to equity
1.87▼
2022 · 2.67
ROE
-26.6%▼
2022 · 0.9%
ROA
-9.3%▼
2022 · 0.3%
Interest coverage
-10.09▼
2022 · 0.73
Debt ≤ 1 year
€194k▼
2022 · €315k
Income taxes
€442▼
2022 · €2k
Staff costs
€12k▲
2022 · €8k
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 · 2023 against 2022 · 51 lines
Balance sheet
Code20222023
Assets
Total assets20/58€488k€301k▼
Fixed assets21/28€8k€899▼
Tangible fixed assets22/27€8k€407▼
Plant, machinery and equipment23-€407
Furniture and vehicles24€8k-
Financial fixed assets28-€492
Current assets29/58€480k€300k▼
Stocks and contracts in progress3€155k€55k▼
Stocks30/36€155k€55k▼
Amounts receivable within one year40/41€322k€235k▼
Trade receivables40€8k-
Other amounts receivable41€314k€235k▼
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€1k€10k▲
Equity and liabilities
Total equity and liabilities10/49€488k€301k▼
Equity10/15€133k€105k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€71k€43k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€65k€37k▼
Amounts payable17/49€355k€196k▼
Amounts payable within one year42/48€315k€194k▼
Trade debts44€236k€159k▼
Suppliers440/4€236k€159k▼
Taxes, remuneration and social security45€79k€35k▼
Taxes450/3€77k€34k▼
Remuneration and social security454/9€2k€1k▼
Accrued charges and deferred income492/3€40k€2k▼
Income statement
Code20222023
Non-recurring operating income76A-€17k
Remuneration, social security and pensions62€8k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€197▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€235k
Other operating charges640/8€4k€371▼
Gross operating margin9900€145k€85k▼
Operating profit (loss)9901€122k€-162k▼
Financial income75/76B€63k€151k▲
Recurring financial income75€63k€151k▲
Financial charges65/66B€182k€16k▼
Recurring financial charges65€182k€16k▼
Profit (loss) for the period before taxes9903€3k€-27k▼
Income taxes67/77€2k€442▼
Profit (loss) for the period9904€1k€-28k▼
Profit (loss) for the period to be appropriated9905€1k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-28k▼
Transfer from equity791/2-€28k
Transfer to equity691/2€1k-
To other reserves6921€1k-
Social balance
Average headcount (FTE)90870.70.4▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €17k | - |
| Remuneration, social security and pensions62 | - | - | €4k | €8k | €12k | ▲ 61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €5k | €12k | €11k | €197 | ▼ 98.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €235k | - |
| Other operating charges640/8 | - | - | €25k | €4k | €371 | ▼ 90.4% |
| Gross operating margin9900 | €97k | €115k | €15k | €145k | €85k | ▼ 41.0% |
| Operating profit (loss)9901 | €51k | €63k | €-26k | €122k | €-162k | ▼ 233% |
| Financial income75/76B | - | - | €100k | €63k | €151k | ▲ 138% |
| Recurring financial income75 | €22k | €42k | €100k | €63k | €151k | ▲ 138% |
| Financial charges65/66B | - | - | €50k | €182k | €16k | ▼ 91.2% |
| Recurring financial charges65 | €45k | €55k | €50k | €182k | €16k | ▼ 91.2% |
| Profit (loss) for the period before taxes9903 | €28k | €49k | €24k | €3k | €-27k | ▼ 893% |
| Income taxes67/77 | €9k | €15k | €14k | €2k | €442 | ▼ 80.2% |
| Profit (loss) for the period9904 | €19k | €34k | €10k | €1k | €-28k | ▼ 2,370% |
| Profit (loss) for the period to be appropriated9905 | €19k | €34k | €10k | €1k | €-28k | ▼ 2,370% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €540k | €691k | €1.73M | €488k | €301k | ▼ 38.3% |
| Fixed assets21/28 | €36k | €32k | €20k | €8k | €899 | ▼ 89.4% |
| Tangible fixed assets22/27 | €36k | €32k | €20k | €8k | €407 | ▼ 95.2% |
| Plant, machinery and equipment23 | - | - | - | - | €407 | - |
| Furniture and vehicles24 | - | - | €20k | €8k | - | - |
| Financial fixed assets28 | - | - | - | - | €492 | - |
| Current assets29/58 | €504k | €659k | €1.71M | €480k | €300k | ▼ 37.4% |
| Stocks and contracts in progress3 | €212k | €58k | €58k | €155k | €55k | ▼ 64.6% |
| Stocks30/36 | - | - | €58k | €155k | €55k | ▼ 64.6% |
| Amounts receivable within one year40/41 | €216k | €473k | €1.45M | €322k | €235k | ▼ 26.9% |
| Trade receivables40 | - | - | €1.08M | €8k | - | - |
| Other amounts receivable41 | - | - | €364k | €314k | €235k | ▼ 25.1% |
| Cash at bank and in hand54/58 | €66k | €127k | €197k | €1k | - | - |
| Deferred charges and accrued income490/1 | - | - | €3k | €1k | €10k | ▲ 579% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €540k | €691k | €1.73M | €488k | €301k | ▼ 38.3% |
| Equity10/15 | €88k | €122k | €132k | €133k | €105k | ▼ 21.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | - | €62k | €62k | €62k | = |
| Issued capital100 | - | - | €62k | €62k | €62k | = |
| Reserves13 | €26k | €60k | €70k | €71k | €43k | ▼ 39.4% |
| Non-distributable reserves130/1 | - | - | €6k | €6k | €6k | = |
| Legal reserve130 | - | - | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | €64k | €65k | €37k | ▼ 43.1% |
| Profit (loss) carried forward14 | €-11k | - | - | - | - | - |
| Amounts payable17/49 | €452k | €569k | €1.59M | €355k | €196k | ▼ 44.8% |
| Amounts payable within one year42/48 | €446k | €563k | €599k | €315k | €194k | ▼ 38.5% |
| Trade debts44 | €332k | €126k | €447k | €236k | €159k | ▼ 32.9% |
| Suppliers440/4 | - | - | €447k | €236k | €159k | ▼ 32.9% |
| Taxes, remuneration and social security45 | - | - | €152k | €79k | €35k | ▼ 55.1% |
| Taxes450/3 | - | - | €152k | €77k | €34k | ▼ 56.0% |
| Remuneration and social security454/9 | - | - | €31 | €2k | €1k | ▼ 15.1% |
| Accrued charges and deferred income492/3 | - | - | €995k | €40k | €2k | ▼ 95.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €34k | €10k | €1k | €-28k | ▼ 2,370% |
| + Depreciation and write-downs630 | €17k | €5k | €12k | €11k | €197 | ▼ 98.3% |
| Operating cash flow (approximation) | €36k | €39k | €22k | €13k | €-28k | ▼ 322% |
| Investment in fixed assets (approximation) | - | €-757 | €0 | €0 | €7k | - |
| Change in cash | - | €61k | €70k | €-196k | - | - |
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
26-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 22-09-2025
22-09
KBO administration
Address struck
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 100 days late
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 315 days late
2023
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 177 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 2.85
Current ratio from 1.17 to 2.85.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €34k ▲75.2%
Net result €34k, the highest in the series.
31-12
Financial
Equity above €100kEq €122k ▲38.5%
3 profitable years in a row build equity to €122k.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 129 days late
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 104 days late
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Mechelen · 1 establishment unit since 1992
Ground area
2,848 m²
Building footprint
867 m²
Parcel 12402A0204/00C002, Flanders. Linked by address, not a title deed.
67
companies at this address
See who is registered here
1 establishment unit
HEROSOFT NV
since 19922.056.028.133
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402A0204/00C002 | Flanders | 2,848 m² | 1 · 867 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANNELIES HELLEMANS NEETWEG 24, 2220 HEIST-OP-
DEN-BERG |
22-09-2025 → present |
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Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 1,025 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
Founded23-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.