Equity
€124,535 ▲ 12.3%
HEY has made a profit in every financial year since 2017.
HEY
Lifetime
9 annual accounts with figures on one time axispeak €125,579 (2025)
€125,579▲ 18.2%
peak €35,019 (2020)
€13,627▲ 18×
peak €124,535 (2025)
€124,535▲ 12.3%
€67,881▼ 41.9%
Board4 names since 2021
1 directorGyva Group
Owners
100%Gyva Group
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Gross margin from €106,257 to €125,579Result from €758 to €13,627Registered office moved within Mechelen 13-06Equity from €110,908 to €124,535Debts from €116,906 to €67,881Cash from €491 to €726
Key points
from the 2025 annual accountsChecked score
66
Healthy
Financially stronger than 60% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.8%▼ -0.1 percentage points vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.7%▼ -0.1 percentage points vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.6%▼ -0.1 percentage points vs 05-2025
07-2025: 2.9%▲ +1.3 percentage points vs 06-2025
08-2025: 2.3%▼ -0.6 percentage points vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.3%● unchanged vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.3%● unchanged vs 11-2025
01-2026: 2.3%● unchanged vs 12-2025
02-2026: 2.3%● unchanged vs 01-2026
03-2026: 2.3%● unchanged vs 02-2026
04-2026: 2.5%▲ +0.2 percentage points vs 03-2026
05-2026: 2.8%▲ +0.3 percentage points vs 04-2026
06-2026: 2.6%▼ -0.2 percentage points vs 05-2026
07-2026: 2.5%▼ -0.1 percentage points vs 06-2026
08-2026: 3.1%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.2%▼ -1.9 percentage points vs 08-2026lowest value
10-2026: 1.2%● unchanged vs 09-2026lowest value
11-2026: 1.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 0.41, cash €726
Size: total assets €192,415
lowers risk
Figures for financial year 2025 (filed on 07-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 70% of them on solvency, 32% on liquidity, 68% on profitability and 68% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as HEY has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HEY itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for HEY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.41 (0.16 in 2024), below 1. Short-term debt is 35.3% and cash 0.4% of total assets. 35.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
7 days late
2024
6 days early
2023
on the day
2022
31 days late
2021
31 days late
2020
18 days early
2019
136 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · 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 7 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Gyva Group 100%equity €1.0m (2025) · 2025 annual accounts of Gyva Group
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0667959717
Registered office moved within Mechelen
New registered office: Geerdegem-Schonenberg 274, 2800 Mechelen · Previous registered office: Geerdegem Schonenberg 345, 2800 Mechelen · Resignation: VYBE (director) · General meeting of 28-05-2025 · Gazette deed
Appointment: VYBE (director)
Permanent representative: Yannick Van Asch · General meeting of 13-12-2023 · Gazette deed
1 director appointed, 2 resignations
Resignations: Yannick Van Asch and Hyndra Le Clerq · Appointment: VYBE bv · Permanent representatives: Yannick Van Asch and Hyndra Le Clerq · General meeting of 02-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HEY Mechelen | €192,415 | €125,579 | 64.7% | - |
| INFACTO Wijnegem | €184,391 | €114,358 | -157.0% | 1 |
| 3B Plastics Antwerp | €354,260 | €122,499 | -84.4% | 0.9 |
| Juro Unirek Destelbergen | €299,488 | €163,964 | 56.9% | 2 |
| DE PELLETWINKEL Roeselare | €219,991 | €161,425 | 1.4% | - |
| RESEAU-PRO Waterloo | €372,016 | €149,755 | 5.7% | - |
| UNISOL-PANEEL Hasselt | €263,601 | €131,083 | 29.2% | - |
These companies have the same main activity as HEY: wholesale trade (NACE 46839). They are comparable in size and age: total assets between €184,000 and €372,000, founded between 2012 and 2016.
Official details
Source: KBO- Status
- Active since 21-12-2016Normal situation
- Activity
- Wholesale tradeNACE 46839and 1 other
- Establishment unit
- 2.260.036.3552800 Mechelen, since 12-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Companies linked to HEY
Parent and group
Insights on HEY
HEY files the micro format. That format states no turnover. The gross margin rose from €13,458 in 2017 to €125,579 in 2025.
The balance sheet grew most in 2023 through fixed assets.
Gyva Group holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HEY
- What is the company number of HEY?
- The company number of HEY is 0667.959.717. The VAT number is the same number with BE in front: BE 0667.959.717.
- Where is HEY based?
- The registered office is at Geerdegem-Schonenberg 274, 2800 Mechelen.Company details
- What does HEY do?
- According to the KBO register, the main activity is wholesale trade (NACE 46839).
- What is the legal form of HEY?
- HEY is a private limited company (BV).
- When was HEY founded?
- HEY was founded on 21-12-2016.
- Is HEY still active?
- Yes, HEY is an active enterprise in the KBO register.
- What is the turnover of HEY?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €125,579 and 59 comparable companies (NACE 46). It probably lies between €300,000 and €1.2m.Financials
- Is HEY profitable?
- In financial year 2025, HEY made a profit of €13,627.
- Where can I find the annual accounts of HEY?
- HEY filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HEY due?
- HEY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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