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Complete company report
Generated 05-08-2026
Active BE 0536.948.250Private limited company (pre-2019)Open bankruptcy

HESARI

· 13 yrs active
Conclusion Checked

A bankruptcy procedure is open for HESARI according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €31k and a net result of €6k.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €31k
Net result €6k
Active 13 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health25Profitability92Solvency100Growth35Stability0
50 / 100

Mixed profile: strong on solvency, weaker on stability.

Health 25
Profitability 92
Solvency 100
Growth 35
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High risk
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 1 events
Address struck
Health barometer FY 2021 · computed
25 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 31-08-2022 with the NBB · fiscal year 2021 · micro
€0€200k€400kRevenue 2018: €428k€428kOperating result 2018: €2k€2kNet result 2018: €6k€6kRevenue 2019: €462k€462kOperating result 2019: €4k€4kNet result 2019: €7k€7kRevenue 2020: €303k€303kOperating result 2020: €842€842Net result 2020: €8k€8kRevenue 2021: €47k€47kOperating result 2021: €7k€7kNet result 2021: €6k€6k2018201920202021
RevenueOperating resultNet result
Revenue
€47k
-84.5% 18-21
Net profit
€6k
-22.2% 18-21
Total assets
€38k
+22.2% 18-21
Equity
€31k
+23.6% 18-21
Working capital
€31k
+23.8% 18-21
Staff costs
€5k
- 18-21
Income taxes
€1k
+613.0% 18-21
Debt
€6k
+15.6% 18-21
Debt ≤ 1y
€6k
+15.6% 18-21
Current ratio
5.89
+5.8% 18-21
Quick ratio
4.22
+33.4% 18-21
Solvency
83.1%
+1.2% 18-21
Debt / equity
0.20
- 18-21
ROE
19.1%
-37.0% 18-21
ROA
15.9%
-36.3% 18-21
Net margin
12.7%
+403.2% 18-21
Figures by fiscal year
Fiscal year2021
Revenue€47k
EBITDA-
Net profit€6k
Cash flow-
Staff costs€5k
Income taxes€1k
Dividends-
Total assets€38k
Equity€31k
Debt€6k
of which ≤ 1y€6k
of which > 1y-
Working capital€31k
Employees (FTE)-
Ratios (computed)
2021
Current ratio5.89
Quick ratio4.22
Working capital ratio82.6%
Solvency83.1%
Debt / equity0.20
Long-term debt ratio-
Interest coverage-
Gross margin24.5%
Net margin12.7%
ROA15.9%
ROE19.1%
EBITDA margin-
Days sales outstanding117d
Days payable outstanding35d
Inventory turnover3.34
Days inventory (DSI)109d
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€38k
Fixed assets 21/28€200
Financial fixed assets 28€200
Current assets 29/58€37k
Stocks & contracts in progress 3€11k
Amounts receivable within one year 40/41€15k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€38k
Equity 10/15€31k
Contributions / capital 10/11€12k
Reserves 13€5k
Accumulated profits (losses) 14€14k
Amounts payable 17/49€6k
Amounts payable within one year 42/48€6k
Trade debts payable within one year 44€3k
Income statement
Turnover 70€47k
Gross operating margin 9900€13k
Operating result 9901€7k
Financial income 75€647
Financial charges 65€38
Result before taxes 9903€7k
Income taxes 67/77€1k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator STéPHANE VAN MOORLEGHEM
MECHELSE- STEENWEG 271/8.1, 2018 ANTWERPEN 1
 16-05-2024 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation25-07-2013
StatusActive
Postal code-
First BS signal 24-05-2024
Latest BS signal 24-05-2024
Company structure, linked entities1 linked entities
HESARIBE 0536.948.250STéPHANE VAN MOORLEGH…Receiver
Mandates
Establishment units 1 location
Parfums de cuisine restaurant
Eetgelegenheden met volledige bediening
since 20232.344.188.508
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31004A0405/00F003 Flanders 989 m² 1 · 1,099 m² 34.3 m · 10 fl.
11805E0536/00D002 Flanders 162 m² 1 · 115 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
28-02-2025
KBO administration Address struck
2024
24-05-2024
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HESARI BVBA LANGE BEEL- DEKENSSTRAAT 19, 2060 ANTWERPEN 6 · event 16-05-2024
2023
11-10-2023
State Gazette act Capital & shares
12-07-2023
State Gazette act Capital & shares
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
16-12-2021
State Gazette act Capital & shares
30-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
02-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
26-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
28-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
12-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
20-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
14-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Lifecycle & Insolvency Signals 2 events
28-02-2025
KBO administration Address struck
 · Publications in State Gazette ↗
24-05-2024
Bankruptcy Opening
Date: 16-05-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · HESARI BVBA LANGE BEEL- DEKENSSTRAAT 19, 2060 ANTWERPEN 6 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-05-24 · Bankruptcy · Opening2025-02-28 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 3 acts
Capital history · 3
11-10-2023
Capital change
12-07-2023
Capital change
16-12-2021
Capital change
All acts · 3 updated 2 years ago
2023
11-10-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "notary": {
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  "act_meta": {
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12-07-2023 Transaction in capital or shares Capital & shares
Technical details 
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  "act_meta": {
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    "pub_date": "2023-07-12",
    "filing_date": "2023-07-03",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-07-03",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-04-13"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0536.948.250",
    "name_full": "HESARI",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
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  "publication_proxy": {
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  "co_filed_documents": [
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  "shareholders_after": [
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2021
16-12-2021 All shares are now held by a single shareholder Capital & shares
Technical details 
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  "act_meta": {
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      "role": "aandeelhouder",
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    },
    {
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      "kind": "person",
      "name": "Mijnheer SINGH Jatinder",
      "role": "aandeelhouder",
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    },
    {
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL HESARI
Registration history
  1. 28-02-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative