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HESMO

Active
Private limited companyfounded 199234 yrs activeIjzeren Bareel 77, 8587 Spiere-Helkijn, BelgiumKBO/BCE: BE 0448.015.680

HESMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181k and a net result of €27k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 58% of 1410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
75 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+8
Solvency77▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.71 in 2023; short-term debt: 14.9% and cash: 4% of total assets), and 47.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
33 d late
2022
7 d early
2021
6 d early
2020
15 d early
2019
9 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, abbreviated schema

Equity
€181k▲ 17.5%
2023 · €154k
2018: €123k 2019: €133k 2020: €126k 2021: €135k 2022: €149k 2023: €154k
2018 → 2024
Total assets
€345k▲ 12.9%
2023 · €306k
2018: €219k 2019: €223k 2020: €309k 2021: €304k 2022: €320k 2023: €306k
2018 → 2024
Net result
€27k▲ 389%
2023 · €6k
2018: €-6k 2019: €10k 2020: €-6k 2021: €9k 2022: €13k 2023: €6k
2018 → 2024
Working capital
€29k▲ 39.0%
2023 · €21k
2018: €64k 2019: €60k 2020: €42k 2021: €34k 2022: €20k 2023: €21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€126k-€135k▲ 7.1%€149k▲ 10.0%€154k▲ 3.7%€181k▲ 17.5%
Operating result€-988-€14k€21k▲ 53.6%€13k▼ 40.0%€43k▲ 239%
Net result€-6k-€9k€13k▲ 50.4%€6k▼ 59.1%€27k▲ 389%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-988€-988Net result 2020: €-6k€-6kOperating result 2021: €14k€14kNet result 2021: €9k€9kOperating result 2022: €21k€21kNet result 2022: €13k€13kOperating result 2023: €13k€13kNet result 2023: €6k€6kOperating result 2024: €43k€43kNet result 2024: €27k€27k20202021202220232024
The operating result recovers in 2024; 2024 is 239% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €345k
Fixed assets €265k▲ 3.7%
Current assets €81k▲ 59.6%
Equity and liabilities €345k
Equity €181k▲ 17.5%
Debt €164k▲ 8.3%
The debt ratio falls from 49.6% to 47.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€56k
2023 · €26k
Cash flow
€40k
2023 · €19k
Solvency
52.4%
2023 · 50.4%
Current ratio
1.56
2023 · 1.71
Quick ratio
1.56
2023 · 1.71
Debt / equity
0.91
2023 · 0.99
ROE
14.9%
2023 · 3.6%
ROA
7.8%
2023 · 1.8%
Interest coverage
16.44
2023 · 6.82
Debt
€164k
2023 · €152k
Debt ≤ 1 year
€51k
2023 · €30k
Debt > 1 year
€112k
2023 · €121k
Income taxes
€14k
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€306k€345k
Fixed assets21/28€255k€265k
Tangible fixed assets22/27€255k€265k
Land and buildings22€255k€265k
Financial fixed assets28€90€90=
Current assets29/58€50k€81k
Amounts receivable within one year40/41€44k€66k
Trade receivables40€960€1k
Other amounts receivable41€43k€65k
Current investments50/53€2k-
Cash at bank and in hand54/58€4k€14k
Deferred charges and accrued income490/1€438€614
Equity and liabilities
Total equity and liabilities10/49€306k€345k
Equity10/15€154k€181k
Contributions10/11€20k€20k=
Reserves13€115k€142k
Distributable reserves133€115k€142k
Profit (loss) carried forward14€19k€19k=
Amounts payable17/49€152k€164k
Amounts payable after more than one year17€121k€112k
Financial debts170/4€121k€112k
Amounts payable within one year42/48€30k€51k
Current portion of amounts payable after more than one year42€18k€24k
Trade debts44€5k€7k
Suppliers440/4€5k€7k
Taxes, remuneration and social security45€6k€20k
Taxes450/3€6k€20k
Accrued charges and deferred income492/3€1k€800
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8€6k€6k
Gross operating margin9900€32k€62k
Operating profit (loss)9901€13k€43k
Financial income75/76B€0€1k
Recurring financial income75€0€1k
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€9k€41k
Income taxes67/77€3k€14k
Profit (loss) for the period9904€6k€27k
Profit (loss) for the period to be appropriated9905€6k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€25k€46k
Profit (loss) brought forward from the previous period14P€19k€19k=
Transfer to equity691/2€6k€27k
To other reserves6921€6k€27k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial Highest result since 2018net €27k ▲389%
Operating result €43k, net result €27k, both a record.
02-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 33 days late
2023
31-12
Financial Equity above €150kEq €154k ▲3.7%
3 profitable years in a row build equity to €154k.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
16-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-6k ▼167%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €10k
Net result €10k after one loss-making year.
19-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Spiere-Helkijn · 1 establishment unit since 1992
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ijzeren Bareel 778587 Spiere-Helkijn
Ground area
350 m²
Building footprint
100 m²
Volume, LiDAR
642 m³
Parcel 34036C0110/00F000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HESMO
Ijzeren Bareel 77, 8587 Spiere-HelkijnInsurance, reinsurance and pension funding, except compulsory social security
since 19922.058.846.675
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34036C0110/00F000 Flanders 350 m² 1 · 100 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,360 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-08-1992
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.