Equity
€64,240 ▼ 47.2%
Hestia MIF² paid out €110,000 in dividends. That is 209% of the 2025 profit.
Hestia MIF²
Lifetime
4 annual accounts with figures on one time axispeak €110,315 (2025)
€110,315▲ 311%
peak €58,310 (2022)
€52,591▲ 11.6%
peak €121,649 (2024)
€64,240▼ 47.2%
€415,047▼ 1.6%
Board2 names since 2021
2 directorsMAERTENS Frank André Yvan and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €26,813 to €110,315Dividend €110,000Equity from €121,649 to €64,240Cash from €25,633 to €54,260
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The abbreviated format states no turnover.
Debts
€415,047 87% of the balance sheet
Financial debts 80%Taxes and wages 6%Other 14%
Of this, €61,308 falls due within a year.
Securities
€100,000
Mortgages, new in 2025. 1.6 times equity · not in the 2024 accounts.
Filings
4 annual accounts 1 late
The 2022 accounts came 31 days late. The other three were filed on time.
Position in the sector
13.4%
Lower solvency than 82% of companies in head offices and management consultancy. Sector median 52.3% · 10,844 companies.
Checked score
92
Excellent
Financially stronger than 34% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Equity €64,240 (13.4% of total assets)
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €479,287
Figures for financial year 2025 (filed on 16-07-2026)
Calculation
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 70, micro). It does better than 19% of them on solvency, 54% on liquidity, 50% on profitability and 13% 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).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as Hestia MIF² has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Hestia MIF² itself is lower: 0.1% within 12 months. It rests on far more data about Hestia MIF² than the profile alone.
Test of the method
The method was tested on the 497,447 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 2,684 companies, not a prediction for Hestia MIF². 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.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.25 (5.45 in 2024), above the usual 1.5. Short-term debt is 12.8% and cash 11.3% of total assets. However, 86.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10844 sector peers (2025).
NBB · sector comparisonPosition among 10844 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 days early
2024
28 days early
2023
19 days early
2022
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 8 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MAERTENS Frank André Yvan founderdeed of 04-03-2021
- VERDONCK Ingrid Marcelle Fernand founderdeed of 04-03-2021
Shares in 1 company, Connect2Succes
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0764534895
Incorporation
Founders: MAERTENS Frank André Yvan and VERDONCK Ingrid Marcelle Fernand · Founding capital of €5,000, 100 shares · Appointments: MAERTENS Frank André Yvan (managing director) and VERDONCK Ingrid Marcelle Fernand (managing director) · published on 04-03-2021 · Gazette deed
First establishment
Bloemenhof 7, Kuurne
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Hestia MIF² Kuurne | €479,287 | €110,315 | 13.4% | - |
| Met, voor en door mensen Roeselare | €459,171 | €117,504 | 33.0% | - |
| MaTaWood Ostend | €412,519 | €107,260 | 77.0% | - |
| LAJA INVEST Deerlijk | €505,053 | €98,023 | 11.7% | - |
| Growthforce Moorslede | €447,636 | €124,690 | 42.5% | - |
| MANEL Zonnebeke | €477,934 | €105,528 | 37.7% | - |
| JJM HOLDING Kortrijk | €573,814 | €130,882 | 57.5% | - |
These companies have the same main activity as Hestia MIF²: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €413,000 and €574,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 02-03-2021Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.314.116.1328520 Kuurne, since 02-03-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Annual accounts 2025
- €479,287▼ 11.8%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Hestia MIF²
Hestia MIF² files the abbreviated format. That format states no turnover. The gross margin rose from €97,004 in 2022 to €110,315 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Hestia MIF²
- What is the company number of Hestia MIF²?
- The company number of Hestia MIF² is 0764.534.895. The VAT number is the same number with BE in front: BE 0764.534.895.
- Where is Hestia MIF² based?
- The registered office is at Bloemenhof 7, 8520 Kuurne.Company details
- What does Hestia MIF² do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Hestia MIF²?
- Hestia MIF² is a private limited company (BV).
- When was Hestia MIF² founded?
- Hestia MIF² was founded on 02-03-2021.
- Is Hestia MIF² still active?
- Yes, Hestia MIF² is an active enterprise in the KBO register.
- What is the turnover of Hestia MIF²?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €110,315 and 94 comparable companies (NACE 70200). It probably lies between €140,000 and €230,000.Financials
- Is Hestia MIF² profitable?
- In financial year 2025, Hestia MIF² made a profit of €52,591.
- Where can I find the annual accounts of Hestia MIF²?
- Hestia MIF² filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Hestia MIF² due?
- Hestia MIF² must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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