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HETPALEIS

Active
Public-utility foundationfounded 199728 yrs activeMeistraat 2, 2000 Antwerpen, BelgiumKBO/BCE: BE 0462.144.919
Summary

For the legal form of HETPALEIS, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €1.7m and a net result of -€638,139. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 593 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Arts creation and performing arts activities
NACE 90311NACE 90041NACE 92321
#5 employer in the province of Antwerp, Creative and performing arts sector1 site
Size
€3.8mtotal assets 2025
Staff
66.1 FTE
Equity
€1.7m
Loss
-€638,139
Turnover not published (abridged schema)
Financial health
33 Weak Checked score 2025
Probability: legal form outside the model
Structure
Board
18 members
Auditor: HLB Dodémont Van ImpeAccounts 94 d early
Why 33- Persistent lossesLatest accounts filed on timeShow the evidence

Checked score

Score 2025
33 / 100
Weak▼ -10 vs 2024
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency 68-12
equity 43.3% of total assets
Liquidity 45-8
short-term debt 39.6% · cash 10.7%
Profitability 0-11
return on assets -16.6%
Bankruptcy probability, 12 months

For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.

Credit up to €55,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.61 against 2.23 in 2024; short-term debt: 39.6% and cash: 10.7% of total assets), but 56.7% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€638,139
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 d early
2024
42 d early
2023
104 d early
2022
137 d early
2021
122 d early
2020
102 d early
2019
115 d early
← 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 102 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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 19 April (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Appointment: Tatjana Scheck (director)Resignation: Sanne De Clerck (adviseur)
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Reappointments: HLB Dodémont Van Impe, Simon…Permanent representative: Patrick Van Impe…

Key points

  • Caution: Result fell in 2025from -€264,941 to -€638,139 ▼ 141% View
  • Caution: Among the weakest 5% on net resultsector median €12,453 · 596 companies -€638,139 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€638,139 View
  • Flemish supportawarded 2022 - 2025 €7.8m View
  • A director leftlatest change 02-12-2025 · 18 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€3.8m
Loss
-€638,139
Solvency
43.3%
Total assets▼ 8.8%
Net result
20182025
Go to Financials

Timeline

Events
34
Since
2007
Next accounts
by 31-07-2027
  1. 04-05-2026Appointment: Tatjana Scheck (director)
  2. 28-04-2026Annual accounts filed
  3. 17-03-2026Reappointments: HLB Dodémont Van Impe, Simon Bellens…
Go to Timeline

Company details

Sites
1
Legal form
Public-utility foundation
Activity
Arts creation and performing arts activitiesNACE 90311
Founded
07-10-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
De stichting heeft als belangeloos doel kwaliteitsvolle artistieke podiumkunstenprojecten…
Go to Articles of association

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