HET BOEK

Active

Private limited companyfounded 2005active for 20 yearsSchoolstraat 57, 8434 Middelkerke, BelgiumKBO/BCE: BE 0877.391.229

Summary

HET BOEK has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,337 and a net result of €89,993. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 36% of 22,650 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

HET BOEKActiveChecked score 86/100

Risk analysis Report Compare

Activity

Retail sale of newspapers and periodicals

NACE 47621

1 site

Size

≈ €820,000turnover 2025, estimated

Staff: ≈ 0.1 FTE, estimated
Equity: €63,337
Profit: €89,993

Turnover estimated from the gross margin

Financial health

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

HET OPEN BOEKDirector · permanent representative Erwin De Plancke

2025 accounts 16 days early1 of 7 deeds summarised

Why 86raises riskSector: Retail trade (NACE 47)Equity €63,337 (17.1% of total assets)lowers riskFounded in 2005Size: total assets €371,178Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 48% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 42-1

equity 17.1% of total assets

Liquidity 34=

short-term debt 62.8% · cash 13.3%

Profitability 99-1

return on assets 24.2%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,263 companies, NACE 47, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 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: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.21, compared with 1.23 in 2024, below the usual 1.5; short-term debt: 62.8% and cash: 13.3% of total assets), and 82.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 33% on solvency, 31% on liquidity, 91% on profitability and 38% on growth.

The bankruptcy probability was computed on 29-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Founded in 2005

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Retail trade (NACE 47)

KBO

Size: total assets €371,178

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €63,337 (17.1% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

16 days early

2024

35 days early

2023

29 days late

2022

43 days late

2021

3 days early

2020

31 days late

2019

61 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 28 July (4 of the last 5 filed years within 33 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-07-2026 Annual accounts filedfinancial year 2025 · micro…
26-06-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Highest result from 2018 to 2025net €109,061 ▲3.5%

Key points

Positive: Among the best 5% on net resultsector median €5,089 · 22,631 companies €89,993 View
Positive: 8 profitable years in a rowprofit 2025: €89,993 8 years View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2025
Total assets: €371,178
Profit: €89,993
Solvency: 17.1%

Total assets▲ 4.1%

Net result

20182025

Go to Financials

Board & ownership

Board: 1 member

HET OPEN BOEKDirector

Go to Board & ownership

Timeline

Events: 25
Since: 2007
Next accounts: by 31-07-2027

29-08-2024Annual accounts filed
16-02-2024Resignation: HET OPEN BOEK (manager)
12-09-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of newspapers and periodicalsNACE 47621
Founded: 21-11-2005
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Annual meeting: First Monday of June at 18:00
Purpose: “De kleinhandel in boeken,kranten,tijdschriften en kantoorbehoeften; Niet-gespecialiseerde…” (deed in Dutch)

Go to Articles of association

Key facts about HET BOEK

What is the company number of HET BOEK?: 0877.391.229. In Belgium the VAT number is the company number with BE in front: BE 0877.391.229.
Where is HET BOEK based?: The registered office is at Schoolstraat 57, 8434 Middelkerke.Company details
What does HET BOEK do?: According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of HET BOEK?: Private limited company (BV).
When was HET BOEK founded?: On 21-11-2005.
Is HET BOEK still active?: Yes, HET BOEK is an active enterprise in the KBO register.
How many employees does HET BOEK have?: On average 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of HET BOEK?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is HET BOEK profitable?: In financial year 2025, HET BOEK made a profit of €89,993.
Where can I find the annual accounts of HET BOEK?: HET BOEK filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HET BOEK due?: By 31-07-2027, for financial year 2026.Timeline