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HIERON

Active
Private limited companyfounded 20233 yrs activeBrand Whitlocklaan 16, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0803.489.897
Summary

The computed 12-month bankruptcy probability of HIERON is 5.5% (elevated). The 2025 annual accounts show equity of €329,335 and a net result of -€29,071. Equity is shrinking by ~8.5% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability43▼-3
Solvency39=
Growth58=
Track record94
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.07 against 0.14 in 2024; short-term debt: 34.4% of total assets), and 86% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
232425
2023 to 2025 · latest year -€29,071
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 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
14 d early
2024
2 d early
2023
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 17 July (3 of the last 3 filed years within 41 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

On 3 July 2023, HIERON was incorporated as a Private limited company.1 Total assets went from EUR 2.7 million in 2023 to EUR 2.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€29,071▲ 7.8%
2024 · -€31,526
Working capital
-€749,429▼ 6.1%
2024 · -€706,372
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€30,463-€18,344▼ 39.8%€28,627▲ 56.1%
Net result-€37,127--€31,526▲ 15.1%-€29,071▲ 7.8%
Equity€389,931-€358,406▼ 8.1%€329,335▼ 8.1%
Total assets€2.7m-€2.5m▼ 6.5%€2.3m▼ 7.5%
Debt€2.3m-€2.2m▼ 6.2%€2.0m▼ 7.4%
Working capital-€623,869--€706,372▼ 13.2%-€749,429▼ 6.1%
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2023: €30,463€30,463Net result 2023: -€37,127-€37,127Operating result 2024: €18,344€18,344Net result 2024: -€31,526-€31,526Operating result 2025: €28,627€28,627Net result 2025: -€29,071-€29,071202320242025-€40,000-€20,000€0€20,000€40,000Operating result 2023: €30,463€30,500Net result 2023: -€37,127-€37,100Operating result 2024: €18,344€18,300Net result 2024: -€31,526-€31,500Operating result 2025: €28,627€28,600Net result 2025: -€29,071-€29,100202320242025
The operating result recovers in 2025; 2025 is 56% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €2.3m ▼ 5.6%
Current assets €57,529 ▼ 48.5%
Equity and liabilities €2.3m
Equity €329,335 ▼ 8.1%
Debt €2.0m ▼ 7.4%
Debt's share of the balance-sheet total rises from 85.9% to 86.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€181,586▲
2024 · €172,241
Cash flow
€123,888▲
2024 · €122,371
Current ratio
0.07▼
2024 · 0.14
Debt to equity
6.13▲
2024 · 6.08
ROE
-8.8%▼
2024 · -8.8%
ROA
-1.2%▲
2024 · -1.2%
Interest coverage
3.11▼
2024 · 3.45
Debt ≤ 1 year
€806,958▼
2024 · €818,059
Debt > 1 year
€1.2m▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 441 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Small
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
1.6% went bankrupt
2.5% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 441 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.5m€2.3m▼
Fixed assets21/28€2.4m€2.3m▼
Tangible fixed assets22/27€2.2m€2.1m▼
Land and buildings22€2.2m€2.1m▼
Financial fixed assets28€200,000€200,000=
Current assets29/58€111,687€57,529▼
Amounts receivable within one year40/41-€521
Other amounts receivable41-€521
Current investments50/53€96,207€52,515▼
Cash at bank and in hand54/58€555-
Deferred charges and accrued income490/1€14,925€4,493▼
Equity and liabilities
Total equity and liabilities10/49€2.5m€2.3m▼
Equity10/15€358,406€329,335▼
Contributions10/11€18,065€18,065=
Reserves13€13,522€13,522=
Non-distributable reserves130/1€1,807€1,807=
Reserves not available under the articles1311€1,807€1,807=
Distributable reserves133€11,715€11,715=
Profit (loss) carried forward14€326,818€297,747▼
Amounts payable17/49€2.2m€2.0m▼
Amounts payable after more than one year17€1.4m€1.2m▼
Financial debts170/4€1.4m€1.2m▼
Amounts payable within one year42/48€818,059€806,958▼
Current portion of amounts payable after more than one year42€160,787€140,687▼
Financial debts43€511-
Credit institutions430/8€511-
Trade debts44€13,680€8,244▼
Suppliers440/4€13,680€8,244▼
Other amounts payable47/48€643,082€658,026▲
Accrued charges and deferred income492/3€1,943€51,003▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€153,897€152,959▼
Other operating charges640/8€17,607€14,425▼
Gross operating margin9900€189,848€196,011▲
Operating profit (loss)9901€18,344€28,627▲
Financial income75/76B-€688
Recurring financial income75-€688
Financial charges65/66B€49,870€58,386▲
Recurring financial charges65€49,870€58,386▲
Profit (loss) for the period before taxes9903-€31,526-€29,071▲
Profit (loss) for the period9904-€31,526-€29,071▲
Profit (loss) for the period to be appropriated9905-€31,526-€29,071▲
Appropriation of the result
Profit (loss) to be appropriated9906€326,818€297,747▼
Profit (loss) brought forward from the previous period14P€358,344€326,818▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Non-recurring operating income76A€1.3m---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160,247€153,897€152,959▼ 0.6%
Other operating charges640/8€10,182€17,607€14,425▼ 18.1%
Non-recurring operating charges66A€1.3m---
Gross operating margin9900€1.5m€189,848€196,011▲ 3.2%
Operating profit (loss)9901€30,463€18,344€28,627▲ 56.1%
Financial income75/76B--€688-
Recurring financial income75--€688-
Financial charges65/66B€67,590€49,870€58,386▲ 17.1%
Recurring financial charges65€67,590€49,870€58,386▲ 17.1%
Profit (loss) for the period before taxes9903-€37,127-€31,526-€29,071▲ 7.8%
Profit (loss) for the period9904-€37,127-€31,526-€29,071▲ 7.8%
Profit (loss) for the period to be appropriated9905-€37,127-€31,526-€29,071▲ 7.8%
Line202320242025Change
Assets
Total assets20/58€2.7m€2.5m€2.3m▼ 7.5%
Fixed assets21/28€2.6m€2.4m€2.3m▼ 5.6%
Tangible fixed assets22/27€2.4m€2.2m€2.1m▼ 6.1%
Land and buildings22€2.4m€2.2m€2.1m▼ 6.1%
Financial fixed assets28€200,000€200,000€200,000=
Current assets29/58€134,458€111,687€57,529▼ 48.5%
Amounts receivable within one year40/41--€521-
Other amounts receivable41--€521-
Current investments50/53€112,493€96,207€52,515▼ 45.4%
Cash at bank and in hand54/58€20,320€555--
Deferred charges and accrued income490/1€1,645€14,925€4,493▼ 69.9%
Equity and liabilities
Total equity and liabilities10/49€2.7m€2.5m€2.3m▼ 7.5%
Equity10/15€389,931€358,406€329,335▼ 8.1%
Contributions10/11€18,065€18,065€18,065=
Reserves13€13,522€13,522€13,522=
Non-distributable reserves130/1€1,807€1,807€1,807=
Reserves not available under the articles1311€1,807€1,807€1,807=
Distributable reserves133€11,715€11,715€11,715=
Profit (loss) carried forward14€358,344€326,818€297,747▼ 8.9%
Amounts payable17/49€2.3m€2.2m€2.0m▼ 7.4%
Amounts payable after more than one year17€1.6m€1.4m€1.2m▼ 14.7%
Financial debts170/4€1.6m€1.4m€1.2m▼ 14.7%
Amounts payable within one year42/48€758,327€818,059€806,958▼ 1.4%
Current portion of amounts payable after more than one year42€97,837€160,787€140,687▼ 12.5%
Financial debts43-€511--
Credit institutions430/8-€511--
Trade debts44€812€13,680€8,244▼ 39.7%
Suppliers440/4€812€13,680€8,244▼ 39.7%
Other amounts payable47/48€659,678€643,082€658,026▲ 2.3%
Accrued charges and deferred income492/3-€1,943€51,003▲ 2,526%
Line202320242025Change
Profit (loss) for the period9904-€37,127-€31,526-€29,071▲ 7.8%
+ Depreciation and write-downs630€160,247€153,897€152,959▼ 0.6%
Operating cash flow (approximation)€123,120€122,371€123,888▲ 1.2%
Investment in fixed assets (approximation)-€0-€16,268-
Change in cash--€19,765--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
428 m²
Building footprint
201 m²
Volume, LiDAR
2,279 m³
Parcel 21673D0140/00A007, Brussels · tallest building 28.4 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Herion
Brand Whitlocklaan 16, 1200 Sint-Lambrechts-WoluweRenting and operating of own or leased non-residential real estate, excluding land
since 20232.346.970.230
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0140/00A007 Brussels 428 m² 1 · 201 m² 28.4 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of HIERON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-07-2023
Fiscal year end31-12
Contact
E-mail gerone_david@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803489897
Also 9925:BE0803489897
Registered 29-05-2026

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.