HEVI
ActiveSummary
The computed 12-month bankruptcy probability of HEVI is 3.6% (moderate). The 2024 annual accounts show negative equity (-€23,095) and a net result of -€892. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 18940 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability67▲+67
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.54 in 2023; short-term debt: 131.3% and cash: 0.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-31.3%
Return on assets
-1.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€23,095
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
26 d late
2022
31 d late
2021
31 d late
2020
46 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€23,095▼ 4.0%
2023 · -€22,203
Total assets
€73,773▲ 0.9%
2023 · €73,089
Net result
-€892▲ 98.4%
2023 · -€55,449
Working capital
-€35,448▲ 12.4%
2023 · -€40,463
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€50,888€38,208-€22,533-€53,404▼ 137%€259
Net result-€64,839below the sector's middle half€35,136above the sector's middle half-€26,583below the sector's middle half-€55,449below the sector's middle half▼ 109%-€892within the sector's middle half▲ 98.4%
Equity€24,723within the sector's middle half▼ 72.4%€59,858within the sector's middle half▲ 142%€33,275within the sector's middle half▼ 44.4%-€22,203below the sector's middle half-€23,095below the sector's middle half▼ 4.0%
Total assets€151,609within the sector's middle half▼ 13.4%€149,557within the sector's middle half▼ 1.4%€136,521within the sector's middle half▼ 8.7%€73,089within the sector's middle half▼ 46.5%€73,773within the sector's middle half▲ 0.9%
Debt€126,887▲ 48.5%€89,699▼ 29.3%€103,246▲ 15.1%€95,293▼ 7.7%€96,868▲ 1.7%
Working capital€16,321within the sector's middle half▼ 75.0%€44,273above the sector's middle half▲ 171%€10,907within the sector's middle half▼ 75.4%-€40,463below the sector's middle half-€35,448below the sector's middle half▲ 12.4%
Solvency16.3%within the sector's middle half▼ 34.9pp40.0%within the sector's middle half▲ 23.7pp24.4%within the sector's middle half▼ 15.7pp-30.4%below the sector's middle half▼ 54.8pp-31.3%below the sector's middle half▼ 0.9pp
Current ratio1.25within the sector's middle half▼ 1.131.92within the sector's middle half▲ 0.671.13within the sector's middle half▼ 0.790.54within the sector's middle half▼ 0.590.63within the sector's middle half▲ 0.09
Return on assets (ROA)-42.8%below the sector's middle half▼ 45.4pp23.5%within the sector's middle half▲ 66.3pp-19.5%below the sector's middle half▼ 43.0pp-75.9%below the sector's middle half▼ 56.4pp-1.2%within the sector's middle half▲ 74.7pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage 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
The operating result returns to profit in 2024: €259 after a loss of €53,404 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73,773
Fixed assets
€12,353 ▼ 50.7%
Current assets
€61,420 ▲ 27.9%
Key figures and ratios
EBITDA
€12,962▲
2023 · -€37,296
Cash flow
€11,811▲
2023 · -€39,341
Quick ratio
0.59▲
2023 · 0.49
Debt to equity
-4.19▲
2023 · -4.29
Interest coverage
13.88▲
2023 · -18.03
Debt ≤ 1 year
€96,868▲
2023 · €88,496
Income taxes
€217
Staff costs
€126,063▼
2023 · €134,634
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
1.9%
went bankrupt
5.9%
stopped otherwise
90%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,799 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €37,731 | €92,967 | €134,634 | €126,063 | ▼ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,950 | €18,073 | €19,183 | €16,108 | €12,703 | ▼ 21.1% |
| Other operating charges640/8 | - | €998 | €15,100 | €2,351 | €2,349 | ▼ 0.1% |
| Gross operating margin9900 | €48,310 | €95,011 | €104,717 | €99,689 | €141,373 | ▲ 41.8% |
| Operating profit (loss)9901 | -€50,888 | €38,208 | -€22,533 | -€53,404 | €259 | ▲ 100% |
| Financial income75/76B | - | €1,126 | €4 | €23 | €0 | ▼ 99.2% |
| Recurring financial income75 | - | €1,126 | €4 | €23 | €0 | ▼ 99.2% |
| Financial charges65/66B | - | €4,092 | €3,950 | €2,069 | €934 | ▼ 54.9% |
| Recurring financial charges65 | €4,783 | €4,092 | €3,950 | €2,069 | €934 | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | -€64,532 | €35,243 | -€26,479 | -€55,449 | -€674 | ▲ 98.8% |
| Income taxes67/77 | €306 | €107 | €104 | - | €217 | - |
| Profit (loss) for the period9904 | -€64,839 | €35,136 | -€26,583 | -€55,449 | -€892 | ▲ 98.4% |
| Profit (loss) for the period to be appropriated9905 | -€64,839 | €35,136 | -€26,583 | -€55,449 | -€892 | ▲ 98.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €151,609 | €149,557 | €136,521 | €73,089 | €73,773 | ▲ 0.9% |
| Fixed assets21/28 | €71,031 | €57,158 | €41,164 | €25,056 | €12,353 | ▼ 50.7% |
| Tangible fixed assets22/27 | €65,676 | €51,803 | €35,810 | €19,701 | €6,998 | ▼ 64.5% |
| Plant, machinery and equipment23 | - | €9,548 | €7,020 | €4,377 | €2,529 | ▼ 42.2% |
| Furniture and vehicles24 | - | €23,026 | €14,481 | €5,936 | - | - |
| Other tangible fixed assets26 | - | €19,229 | €14,309 | €9,389 | €4,469 | ▼ 52.4% |
| Financial fixed assets28 | €5,355 | €5,355 | €5,355 | €5,355 | €5,355 | = |
| Current assets29/58 | €80,578 | €92,399 | €95,357 | €48,033 | €61,420 | ▲ 27.9% |
| Stocks and contracts in progress3 | €4,694 | €2,147 | €3,896 | €4,237 | €4,156 | ▼ 1.9% |
| Stocks30/36 | - | €2,147 | €3,896 | €4,237 | €4,156 | ▼ 1.9% |
| Amounts receivable within one year40/41 | €58,353 | €56,439 | €86,052 | €40,802 | €57,034 | ▲ 39.8% |
| Trade receivables40 | - | €18,125 | €33,470 | €31,855 | €47,412 | ▲ 48.8% |
| Other amounts receivable41 | - | €38,315 | €52,582 | €8,946 | €9,622 | ▲ 7.6% |
| Cash at bank and in hand54/58 | €17,532 | €33,813 | €4,529 | €2,995 | €229 | ▼ 92.3% |
| Deferred charges and accrued income490/1 | - | - | €880 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €151,609 | €149,557 | €136,521 | €73,089 | €73,773 | ▲ 0.9% |
| Equity10/15 | €24,723 | €59,858 | €33,275 | -€22,203 | -€23,095 | ▼ 4.0% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €4,318 | €39,453 | €12,870 | -€42,608 | -€43,500 | ▼ 2.1% |
| Amounts payable17/49 | €126,887 | €89,699 | €103,246 | €95,293 | €96,868 | ▲ 1.7% |
| Amounts payable after more than one year17 | €62,629 | €41,572 | €18,796 | €6,797 | - | - |
| Financial debts170/4 | - | €41,572 | €18,796 | €6,797 | - | - |
| Amounts payable within one year42/48 | €64,258 | €48,127 | €84,450 | €88,496 | €96,868 | ▲ 9.5% |
| Current portion of amounts payable after more than one year42 | - | €21,057 | €22,776 | €5,397 | - | - |
| Trade debts44 | €28,408 | €9,947 | €35,342 | €67,062 | €56,980 | ▼ 15.0% |
| Suppliers440/4 | - | €9,947 | €35,342 | €67,062 | €56,980 | ▼ 15.0% |
| Taxes, remuneration and social security45 | - | €17,123 | €26,332 | €15,382 | €25,307 | ▲ 64.5% |
| Taxes450/3 | - | €3,688 | €4,606 | €2,561 | €4,779 | ▲ 86.6% |
| Remuneration and social security454/9 | - | €13,434 | €21,726 | €12,821 | €20,528 | ▲ 60.1% |
| Other amounts payable47/48 | - | - | - | €655 | €14,581 | ▲ 2,128% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€64,839 | €35,136 | -€26,583 | -€55,449 | -€892 | ▲ 98.4% |
| + Depreciation and write-downs630 | €19,950 | €18,073 | €19,183 | €16,108 | €12,703 | ▼ 21.1% |
| Operating cash flow (approximation) | -€44,888 | €53,209 | -€7,400 | -€39,341 | €11,811 | ▲ 130% |
| Investment in fixed assets (approximation) | - | -€4,200 | -€3,189 | €0 | €0 | - |
| Change in cash | - | €16,281 | -€29,284 | -€1,534 | -€2,766 | ▼ 80.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €35,136
Net result €35,136 after one loss-making year.
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
31-12
Financial
Weakest financial yearnet -€64,839
Net result drops to -€64,839, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
1994
13-01
NBB filing
Annual accounts filed
fiscal year 1991 · abbreviated schema · 531 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Schaarbeek · 1 establishment unit since 2006
Ground area
98 m²
Building footprint
97 m²
Volume, LiDAR
822 m³
Parcel 21905C0089/00B018, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SACO
since 20062.155.026.927
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0089/00B018 | Brussels | 98 m² | 1 · 97 m² | 12.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.155.026.927
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Of 20,505 companies in sector 56111 we hold annual accounts for 11,464. 9,576 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
Founded05-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442951389
Also
9925:BE0442951389
Registered
01-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.