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HET BANES

Active
Private limited companyfounded 20223 yrs activeVeldstraat 18, 3560 Lummen, BelgiumKBO/BCE: BE 0792.452.485
Summary

HET BANES has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€151,645) and a net result of -€42,306. Equity is shrinking by ~74.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 3173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.76 in 2024; short-term debt: 110.9% and cash: 14.5% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-62.3%
Return on assets
-17.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€151,645
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 3 filings
Deviation from the deadline
2025
40 d late
2024
14 d early
2023
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 July (3 of the last 3 filed years within 54 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 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

History

On 13 October 2022, HET BANES was incorporated as a Private limited company.1 Total assets went from EUR 349,414 in 2023 to EUR 243,383 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€151,645▼ 38.7%
2024 · -€109,339
Total assets
€243,383▼ 24.8%
2024 · €323,456
Net result
-€42,306▲ 65.1%
2024 · -€121,257
Working capital
-€137,337▼ 125%
2024 · -€61,153
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€104,292--€118,612▼ 13.7%-€80,556▲ 32.1%
Net result-€105,082below the sector's middle half--€121,257below the sector's middle half▼ 15.4%-€42,306below the sector's middle half▲ 65.1%
Equity€11,918below the sector's middle half--€109,339below the sector's middle half-€151,645below the sector's middle half▼ 38.7%
Total assets€349,414within the sector's middle half-€323,456within the sector's middle half▼ 7.4%€243,383within the sector's middle half▼ 24.8%
Debt€337,496-€432,794▲ 28.2%€395,028▼ 8.7%
Working capital-€11,027within the sector's middle half--€61,153below the sector's middle half▼ 455%-€137,337below the sector's middle half▼ 125%
Solvency3.4%below the sector's middle half--33.8%below the sector's middle half▼ 37.2pp-62.3%below the sector's middle half▼ 28.5pp
Current ratio0.95within the sector's middle half-0.76within the sector's middle half▼ 0.190.49below the sector's middle half▼ 0.27
Return on assets (ROA)-30.1%below the sector's middle half--37.5%below the sector's middle half▼ 7.4pp-17.4%below the sector's middle half▲ 20.1pp
Staff (FTE)1.71▼ 41.2%
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2023: -€104,292-€104,292Net result 2023: -€105,082-€105,082Operating result 2024: -€118,612-€118,612Net result 2024: -€121,257-€121,257Operating result 2025: -€80,556-€80,556Net result 2025: -€42,306-€42,306202320242025-€150,000-€100,000-€50,000€0Operating result 2023: -€104,292-€104,000Net result 2023: -€105,082-€105,000Operating result 2024: -€118,612-€119,000Net result 2024: -€121,257-€121,000Operating result 2025: -€80,556-€80,600Net result 2025: -€42,306-€42,300202320242025
The operating result stays negative: a loss of €80,556 in 2025 against €118,612 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243,383
Fixed assets €110,692 ▼ 13.0%
Current assets €132,691 ▼ 32.4%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€64,347▲
2024 · -€97,499
Cash flow
-€26,097▲
2024 · -€100,144
Quick ratio
0.15▼
2024 · 0.15
Debt to equity
-2.60▲
2024 · -3.96
Interest coverage
-33.54▲
2024 · -36.85
Debt ≤ 1 year
€270,028▲
2024 · €257,390
Debt > 1 year
€125,000▼
2024 · €165,000
Staff costs
€13,124▼
2024 · €13,403
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€323,456€243,383▼
Fixed assets21/28€127,219€110,692▼
Tangible fixed assets22/27€127,219€110,692▼
Land and buildings22€7,830-
Plant, machinery and equipment23€112,529€77,569▼
Furniture and vehicles24€6,860€33,123▲
Current assets29/58€196,237€132,691▼
Stocks and contracts in progress3€157,000€93,000▼
Stocks30/36€157,000€93,000▼
Amounts receivable within one year40/41€13,760€3,407▼
Trade receivables40€13,687€3,352▼
Other amounts receivable41€73€55▼
Cash at bank and in hand54/58€23,732€35,365▲
Deferred charges and accrued income490/1€1,745€918▼
Equity and liabilities
Total equity and liabilities10/49€323,456€243,383▼
Equity10/15-€109,339-€151,645▼
Contributions10/11€117,000€117,000=
Profit (loss) carried forward14-€226,339-€268,645▼
Amounts payable17/49€432,794€395,028▼
Amounts payable after more than one year17€165,000€125,000▼
Financial debts170/4€165,000€125,000▼
Amounts payable within one year42/48€257,390€270,028▲
Trade debts44€2,496€285▼
Suppliers440/4€2,496€285▼
Taxes, remuneration and social security45€1,766€2,223▲
Taxes450/3€0€1,256▲
Remuneration and social security454/9€1,766€967▼
Other amounts payable47/48€253,129€267,521▲
Accrued charges and deferred income492/3€10,405-
Income statement Code20242025
Non-recurring operating income76A-€578
Remuneration, social security and pensions62€13,403€13,124▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,113€16,210▼
Other operating charges640/8€676€16,775▲
Non-recurring operating charges66A€3,513€0▼
Gross operating margin9900-€79,907-€34,447▲
Operating profit (loss)9901-€118,612-€80,556▲
Financial income75/76B€1€40,168▲
Recurring financial income75€1€168▲
Non-recurring financial income76B-€40,000
Financial charges65/66B€2,646€1,918▼
Recurring financial charges65€2,646€1,918▼
Profit (loss) for the period before taxes9903-€121,257-€42,306▲
Profit (loss) for the period9904-€121,257-€42,306▲
Profit (loss) for the period to be appropriated9905-€121,257-€42,306▲
Appropriation of the result
Profit (loss) to be appropriated9906-€226,339-€268,645▼
Profit (loss) brought forward from the previous period14P-€105,082-€226,339▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Non-recurring operating income76A--€578-
Remuneration, social security and pensions62€704€13,403€13,124▼ 2.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,465€21,113€16,210▼ 23.2%
Other operating charges640/8€936€676€16,775▲ 2,380%
Non-recurring operating charges66A€4,396€3,513€0▼ 100.0%
Gross operating margin9900-€73,791-€79,907-€34,447▲ 56.9%
Operating profit (loss)9901-€104,292-€118,612-€80,556▲ 32.1%
Financial income75/76B€9€1€40,168▲ 5,020,943%
Recurring financial income75€9€1€168▲ 20,943%
Non-recurring financial income76B--€40,000-
Financial charges65/66B€799€2,646€1,918▼ 27.5%
Recurring financial charges65€799€2,646€1,918▼ 27.5%
Profit (loss) for the period before taxes9903-€105,082-€121,257-€42,306▲ 65.1%
Profit (loss) for the period9904-€105,082-€121,257-€42,306▲ 65.1%
Profit (loss) for the period to be appropriated9905-€105,082-€121,257-€42,306▲ 65.1%
Line202320242025Change
Assets
Total assets20/58€349,414€323,456€243,383▼ 24.8%
Fixed assets21/28€143,145€127,219€110,692▼ 13.0%
Tangible fixed assets22/27€143,145€127,219€110,692▼ 13.0%
Land and buildings22-€7,830--
Plant, machinery and equipment23€133,887€112,529€77,569▼ 31.1%
Furniture and vehicles24€9,258€6,860€33,123▲ 383%
Current assets29/58€206,269€196,237€132,691▼ 32.4%
Stocks and contracts in progress3€151,500€157,000€93,000▼ 40.8%
Stocks30/36€151,500€157,000€93,000▼ 40.8%
Amounts receivable within one year40/41€51,560€13,760€3,407▼ 75.2%
Trade receivables40€49,291€13,687€3,352▼ 75.5%
Other amounts receivable41€2,269€73€55▼ 24.3%
Cash at bank and in hand54/58€3,053€23,732€35,365▲ 49.0%
Deferred charges and accrued income490/1€156€1,745€918▼ 47.4%
Equity and liabilities
Total equity and liabilities10/49€349,414€323,456€243,383▼ 24.8%
Equity10/15€11,918-€109,339-€151,645▼ 38.7%
Contributions10/11€117,000€117,000€117,000=
Profit (loss) carried forward14-€105,082-€226,339-€268,645▼ 18.7%
Amounts payable17/49€337,496€432,794€395,028▼ 8.7%
Amounts payable after more than one year17€110,000€165,000€125,000▼ 24.2%
Financial debts170/4€110,000€165,000€125,000▼ 24.2%
Amounts payable within one year42/48€217,296€257,390€270,028▲ 4.9%
Trade debts44€2,667€2,496€285▼ 88.6%
Suppliers440/4€2,667€2,496€285▼ 88.6%
Taxes, remuneration and social security45€1,508€1,766€2,223▲ 25.9%
Taxes450/3€980€0€1,256-
Remuneration and social security454/9€527€1,766€967▼ 45.3%
Other amounts payable47/48€213,121€253,129€267,521▲ 5.7%
Accrued charges and deferred income492/3€10,200€10,405--
Line202320242025Change
Profit (loss) for the period9904-€105,082-€121,257-€42,306▲ 65.1%
+ Depreciation and write-downs630€24,465€21,113€16,210▼ 23.2%
Operating cash flow (approximation)-€80,617-€100,144-€26,097▲ 73.9%
Investment in fixed assets (approximation)--€5,187€317▲ 106%
Change in cash-€20,678€11,633▼ 43.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
17-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€121,257
Net result drops to -€121,257, the lowest in the series; recovery starts the following year.
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Lummen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,341 m²
Building footprint
460 m²
Volume, LiDAR
2,042 m³
Parcel 71037A1084/00D002, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Veldstraat 18, 3560 Lummen
Raising of horses and other equines
since 20222.337.063.164
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71037A1084/00D002 Flanders 2,341 m² 1 · 460 m² 9.8 m · 1 fl.
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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 3 entries · 7,744 EUR awarded · 7,744 EUR paid
Year Entries awardedpaid
2025 2 6,744 EUR6,744 EUR
2024 1 1,000 EUR1,000 EUR
Schemes
1 entry · 4,744 EUR · 4,744 EUR paid · Vlaams Landbouwinvesteringsfonds
2 entries · 3,000 EUR · 3,000 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

3 live approvals
Hippisch assistent duaal (so)
Goedgekeurd · 2023 to 2028
Paardenhouder duaal (so)
Goedgekeurd · 2023 to 2028
Paardenhouderij duaal (so)
Goedgekeurd · 2023 to 2028

Similar companies · same sector, comparable size

Of 1,961 companies in sector 01430 we hold annual accounts for 743. 362 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
46231Wholesale of live animals
85510Sports and recreation education
93127Equestrian clubs
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792452485
Also 9925:BE0792452485
Registered 13-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.