Heuvelrug

Active

Private limited companyfounded 2023active for 3 yearsMagermerriestraat 2, 8800 Roeselare, BelgiumKBO/BCE: BE 0803.998.950

Summary

Heuvelrug has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330,642 and a net result of €330,390. Its solvency ranks better than 76% of 2,800 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

HeuvelrugActiveChecked score 98/100

Risk analysis Report Compare

Activity

Other business support services

NACE 82990

1 site

Size

≈ €680,000turnover 2025, estimated

Equity: €330,642
Profit: €330,390

Turnover estimated from the gross margin

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: MICHEL HOFLACK en Cie · 100%
Board: 4 members

Auditor: Auditas Bedrijfsrevisoren2025 accounts 1 day early

Why 98lowers riskLiquidity: current ratio 3.78, cash €314,762Sector: Office administrative, office support and other business support activities (NACE 82)Size: total assets €450,868Equity €330,642 (73.3% of total assets)Show the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 82% of its sector peers (NACE 82, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 98

equity 73.3% of total assets

Liquidity 90

short-term debt 26.4% · cash 69.8%

Profitability 100

return on assets 73.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (12,652 companies, NACE 82, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%● unchanged vs 07-2025 09-2025: 0.9%▼ -0.1 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 1.5%▲ +0.6 percentage points vs 01-2026highest value 03-2026: < 0.1%▼ -1.5 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

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

Liquidity ample (current ratio 3.78, above the usual 1.5; short-term debt: 26.4% and cash: 69.8% of total assets), and 26.7% 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 82, micro): better than 74% on solvency, 84% on liquidity and 87% on profitability.

The bankruptcy probability was computed on 27-10-2026 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 riskneutral

Liquidity: current ratio 3.78, cash €314,762

NBB · annual accounts

Sector: Office administrative, office support and other business support activities (NACE 82)

KBO

Size: total assets €450,868

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

NBB · annual accounts

Equity €330,642 (73.3% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

1 day early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

30-01-2026 Annual accounts filedfinancial year 2025 · abbreviated…
20-02-2024 Appointment: BV AUDITAS BEDRIJFSREVISOREN (statutory auditor)Power of attorney
19-07-2023 IncorporationAppointments: PHIHO, H.B.S. and 2…

Key points

Positive: Among the best 10% on net resultsector median €20,982 · 2,801 companies €330,390 View
Controlled by MICHEL HOFLACK en Cie 100% View
Board4 directors in office 4 View

By topic

Financials

Financial year: 2025
Total assets: €450,868
Profit: €330,390
Solvency: 73.3%

Go to Financials

Board & ownership

Board: 4 members
Parent: MICHEL HOFLACK en Cie · 100%
Auditor: Auditas Bedrijfsrevisoren

H.B.S.Director
PHIHODirector
SERVIDirector
VELDBLOMMEDirector

Go to Board & ownership

Network & group

Connected companies: 1

Go to Network & group

Timeline

Events: 3
Since: 2023

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other business support servicesNACE 82990
Founded: 15-07-2023
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 23

Annual meeting: Third Saturday of December at 10:00
Purpose: “Alle financiële en beheersverrichtingen met betrekking tot eigen roerend vermogen en met…” (deed in Dutch)

Go to Articles of association

Key facts about Heuvelrug

What is the company number of Heuvelrug?: 0803.998.950. In Belgium the VAT number is the company number with BE in front: BE 0803.998.950.
Where is Heuvelrug based?: The registered office is at Magermerriestraat 2, 8800 Roeselare.Company details
What does Heuvelrug do?: According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Heuvelrug?: Private limited company (BV).
When was Heuvelrug founded?: On 15-07-2023.
Is Heuvelrug still active?: Yes, Heuvelrug is an active enterprise in the KBO register.
What is the turnover of Heuvelrug?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Heuvelrug profitable?: In financial year 2025, Heuvelrug made a profit of €330,390.
Where can I find the annual accounts of Heuvelrug?: Heuvelrug filed 1 annual account with the National Bank of Belgium, for financial year 2025.