Equity
€16.9m ▲ 28.0%
LuHeFo has made a profit in every financial year since 2010.
LuHeFo
Overview
Lifetime
16 annual accounts with figures on one time axispeak €4.9m (2023)
€3.7m▲ 30.1%
peak €4.7m (2025)
€4.7m▲ 16.8%
peak €16.9m (2025)
€16.9m▲ 28.0%
€67,887▼ 93.9%
peak 0 FTE (2024)
0 FTE
Board1 name since 2009
1 directorVERVAET Yves, Henri Clara
Documentsfilings and deeds
28-07-20263 days before the deadline
2025abbreviated format
Gross margin from €2.9m to €3.7mDividend €991,458Equity from €13.2m to €16.9mDebts from €1.1m to €67,887Cash from €2.1m to €5.2m
Key points
from the 2025 annual accountsFilings
16 annual accounts since 2010
Three of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.
Position in the sector
99.6%
Higher solvency than 95% of companies in advertising and market research. Sector median 44.3% · 2,093 companies.
Checked score
99
Excellent
Financially stronger than 88% of medium-sized companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 117 companies (NACE 73, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%highest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged 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 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €17.0m
Liquidity: current ratio 226.38, cash €5.2m
Figures for financial year 2025 (filed on 04-08-2026)
Equity €16.9m (99.6% of total assets)
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 73, medium-sized). It does better than 85% of them on solvency, 97% on liquidity, 97% on profitability and 75% on growth.
The bankruptcy probability was computed on 08-11-2026 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 very low class on 30-06-2025, 0.1% 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, 546 companies had the same profile as LuHeFo has now. Each dot stands for 2 companies, two years later.
95.2%
were still trading
4.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LuHeFo itself: < 0.1% 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 546 companies, not a prediction for LuHeFo. 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 €1,650,000 on 30-day terms is acceptable
Short-term debt is 0.4% and cash 30.7% of total assets. 0.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
23 days early
2023
on the day
2022
29 days late
2021
5 days early
2020
2 days early
2019
31 days early
← 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 5 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 28 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0821866350
Registered office moved from Schaerbeek to Woluwe-Saint-Pierre
New registered office: Zonnegaarde 6, 1150 Sint-Pieters-Woluwe · Previous registered office: de Lochtstraat 25, 1030 Schaarbeek · Gazette deed
Capital decrease of €905,400 to €18,600
Capital from €924,000 to €18,600 · Change of role: VERVAET Yves Henri Clara, from statutory manager to director · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 02-09-2019 · Gazette deed
First establishment
Zonnegaarde 6, Woluwe-Saint-Pierre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LuHeFo Woluwe-Saint-Pierre | €17.0m | €3.7m | 99.6% | 0 |
| ALPINE MANAGEMENT Uccle | €16.5m | €8.2m | 40.6% | 0 |
| BENAKAD Schaerbeek | €8.0m | €1.5m | 51.3% | 0.4 |
| THE SMILEY COMPANY Brussels | €44.6m | €2.9m | 94.1% | 1.3 |
| DRIGIMA Geel | €17.4m | €1.5m | 36.7% | 0 |
| SEDIAM Hannut | €13.1m | €2.8m | 67.1% | - |
| MENSURA SUPPORT Saint-Josse-ten-Noode | €10.7m | - | 63.3% | 0 |
These companies have the same main activity as LuHeFo: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €8m and €45m, founded between 1999 and 2012.
Official details
Source: KBO- Status
- Active since 30-12-2009Normal situation
- Activity
- Public relations and communication consultancyNACE 73300and 1 other
- Establishment unit
- 2.183.980.6351150 Woluwe-Saint-Pierre, since 01-01-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 07-01-2025
Annual accounts 2025
- €3.7m▲ 30.1%
- ≈ €6.4mestimated
- €4.7m▲ 16.8%
- €16.9m▲ 28.0%
- €17.0m▲ 18.4%
- Filing
- Filed on 28-07-2026, 3 days before the end of the filing period
Insights on LuHeFo
LuHeFo files the abbreviated format. That format states no turnover. The gross margin rose from €742,665 in 2010 to €3.7m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 28-07-2026, 3 days before the deadline€3.7m
▲ 30.1%
€3.7m
▲ 30.3%
€4.7m
▲ 16.8%
€15.3m
▲ 32.9%
99.6%
▲ 7.4 percentage points
-
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €6.4m. Estimated: probably between €4.3m and €11.0m.
Balance sheet
balance sheet total €17.0m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
99.6%
Higher than 95% of 2,093 companies in 2025.
-
Higher than 91% of 1,360 companies in 2024.
27.6%
Higher than 88% of 2,052 companies in 2025.
LuHeFo
Middle half of the sector
80% of the sector
Abbreviated accounts in advertising and market research (NACE 73)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
17.0m | 14.3m | 10.9m | 7.1m | 6.3m | 5.3m | 5.0m | 4.0m | 3.3m | 2.9m | 2.6m | 2.4m | 2.3m | 2.0m | 2.1m | 747,924 | |
21/28 |
1.6m | 1.7m | 1.9m | 442,849 | 305,443 | 305,557 | 305,834 | 301,555 | 300,000 | 300,000 | 300,000 | 351 | 851 | 312 | 474 | 637 | |
22/27 |
92,657 | 111,757 | 131,078 | 142,849 | 5,443 | 5,557 | 5,834 | 1,555 | - | - | - | 351 | 851 | 312 | 474 | 637 | |
22 |
71,356 | 82,309 | 93,263 | 101,782 | 1,451 | 2,176 | 2,901 | - | - | - | - | - | - | - | - | - | |
23 |
0 | 217 | 656 | 1,426 | 661 | 992 | 1,322 | - | - | - | - | - | - | - | - | - | |
24 |
21,301 | 29,230 | 37,159 | 39,641 | 3,331 | 2,390 | 1,611 | 1,555 | - | - | - | 351 | 851 | 312 | 474 | 637 | |
28 |
1.5m | 1.6m | 1.8m | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | - | - | - | - | - | |
29/58 |
15.4m | 12.6m | 8.9m | 6.6m | 6.0m | 5.0m | 4.6m | 3.7m | 3.0m | 2.6m | 2.3m | 2.4m | 2.3m | 2.0m | 2.1m | 747,287 | |
29 |
4.1m | 4.0m | 2.5m | 2.3m | 1.8m | - | - | - | - | - | - | - | - | - | - | - | |
291 |
4.1m | 4.0m | 2.5m | 2.3m | 1.8m | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
157,086 | 21 | 546 | 12,100 | 12,100 | 350,002 | 350 | 8,313 | - | 15,368 | 609,877 | 467,702 | 407,234 | 865,336 | 1.2m | 602,600 | |
40 |
- | - | 0 | 12,100 | 12,100 | - | - | - | - | - | 381,253 | 405,923 | 299,002 | 865,336 | 1.2m | 602,600 | |
41 |
157,086 | 21 | 546 | - | - | 350,002 | 350 | 8,313 | - | 15,368 | 228,624 | 61,779 | 108,232 | - | - | - | |
50/53 |
5.9m | 6.5m | 3.6m | 2.9m | 1.5m | 1.5m | - | - | - | - | - | - | - | - | - | 144,687 | |
54/58 |
5.2m | 2.1m | 2.8m | 1.5m | 2.6m | 3.1m | 4.6m | 3.7m | 3.0m | 2.5m | 1.7m | 2.0m | 1.9m | 1.2m | 849,863 | - | |
490/1 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,294 | 6,346 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
17.0m | 14.3m | 10.9m | 7.1m | 6.3m | 5.3m | 5.0m | 4.0m | 3.3m | 2.9m | 2.6m | 2.4m | 2.3m | 2.0m | 2.1m | 747,924 | |
10/15 |
16.9m | 13.2m | 10.6m | 6.5m | 4.7m | 4.6m | 3.9m | 3.8m | 3.1m | 2.7m | 2.6m | 2.3m | 1.8m | 1.7m | 1.0m | 493,280 | |
10/11 |
6,267 | 6,267 | 6,267 | 6,267 | 6,267 | 6,267 | - | 911,667 | 911,667 | 911,667 | 911,667 | 911,667 | 911,667 | 6,267 | 6,267 | 6,267 | |
100 |
- | - | - | - | - | - | - | 924,000 | 924,000 | 924,000 | 924,000 | 924,000 | 924,000 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 12,333 | 12,333 | 12,333 | 12,333 | 12,333 | 12,333 | 12,333 | 12,333 | 12,333 | |
11 |
- | - | - | - | - | - | 6,267 | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | - | 6,267 | - | - | - | - | - | - | - | - | - | |
13 |
16.9m | 13.2m | 6.3m | 6.5m | 4.7m | 4.6m | 3.9m | 2.9m | 2.2m | 1.8m | 1.7m | 491,716 | 18,000 | 1,860 | 1,860 | 1,860 | |
130 |
- | - | - | - | - | - | - | 92,400 | 92,400 | 92,400 | 92,400 | 92,400 | 18,000 | 1,860 | 1,860 | 1,860 | |
133 |
16.9m | 13.2m | 6.3m | 6.5m | 4.7m | 4.6m | 3.9m | 2.8m | 2.1m | 1.7m | 1.6m | 399,316 | - | - | - | - | |
14 |
0 | 0 | 4.3m | - | - | - | - | - | - | - | - | 910,560 | 910,560 | 1.7m | 1.0m | 485,153 | |
17/49 |
67,887 | 1.1m | 256,848 | 585,227 | 1.6m | 689,637 | 1.1m | 187,129 | 185,232 | 144,156 | 33,663 | 131,881 | 458,946 | 363,001 | 1.1m | 254,644 | |
42/48 |
67,887 | 1.1m | 256,848 | 585,227 | 1.6m | 687,520 | 1.1m | 187,129 | 185,232 | 144,156 | 33,663 | 131,881 | 458,946 | 363,001 | 1.1m | 254,644 | |
43 |
395 | 152 | 78 | 2,714 | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
395 | 152 | 78 | 2,714 | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
3,450 | 850 | 0 | 35,643 | 10,806 | 20 | 837 | 30,694 | 1,133 | 3,951 | 1,784 | 1,405 | 3,142 | 1,022 | 64 | - | |
440/4 |
3,450 | 850 | 0 | 35,643 | 10,806 | 20 | 837 | 30,694 | 1,133 | 3,951 | 1,784 | 1,405 | 3,142 | 1,022 | 64 | - | |
45 |
56,031 | 415,610 | 112,317 | 216,148 | 94,738 | 185,378 | 151,830 | 65,678 | 121,482 | 105,257 | 31,879 | 45,390 | 337,313 | 333,111 | 709,894 | 253,638 | |
450/3 |
56,031 | 415,610 | 112,317 | 216,148 | 94,738 | 185,378 | 151,830 | 65,678 | 121,482 | 105,257 | 31,879 | 45,390 | 337,313 | 333,111 | 709,894 | 253,638 | |
47/48 |
8,010 | 704,256 | 144,452 | 330,722 | 1.5m | 502,122 | 934,774 | 90,757 | 62,617 | 34,948 | - | 85,087 | 118,492 | 28,868 | 369,549 | 1,005 | |
492/3 |
- | - | - | - | - | 2,117 | - | - | - | - | - | - | - | - | 40 | - | |
| Income statement | |||||||||||||||||
9900 |
3.7m | 2.9m | 4.9m | 2.6m | 1.8m | 1.8m | 1.5m | 1.1m | 600,059 | 216,382 | 545,400 | 745,220 | 432,235 | 992,472 | 1.4m | 742,665 | |
630 |
19,100 | 19,322 | 18,670 | 7,437 | 2,550 | 2,472 | 2,250 | 778 | - | - | 351 | 500 | 514 | 163 | 163 | 176 | |
640/8 |
998 | 968 | 960 | 1,736 | - | 868 | 868 | 868 | 868 | 868 | 957 | 957 | 975 | 957 | 89 | 89 | |
66A |
- | 0 | 985 | 1,330 | - | - | - | - | - | - | - | - | - | - | - | 2,811 | |
9901 |
3.7m | 2.8m | 4.9m | 2.6m | 1.8m | 1.8m | 1.5m | 1.1m | 599,191 | 215,514 | 544,092 | 743,763 | 430,746 | 991,353 | 1.4m | 742,399 | |
75/76B |
2.4m | 2.4m | 645,789 | 89,568 | 17,217 | 4,497 | 1,100 | 1,086 | 2,887 | 5,429 | 14,640 | 18,084 | 20,995 | 9,952 | 6,969 | 15 | |
75 |
2.4m | 2.4m | 645,789 | 89,568 | 17,217 | 4,497 | 1,100 | 1,086 | 2,887 | 5,429 | 14,640 | 18,084 | 20,995 | 9,952 | 6,969 | 15 | |
65/66B |
22,015 | 18,442 | 3,172 | 13,144 | 4,401 | 3,286 | 174 | 853 | 39 | 266 | 30 | 294 | 159 | 234 | 1,328 | 45 | |
65 |
22,015 | 18,442 | 3,172 | 13,144 | 4,401 | 3,286 | 174 | 853 | 39 | 266 | 30 | 294 | 159 | 234 | 1,328 | 45 | |
9903 |
6.1m | 5.2m | 5.5m | 2.7m | 1.8m | 1.8m | 1.5m | 1.1m | 602,039 | 220,677 | 558,702 | 761,553 | 451,583 | 1.0m | 1.4m | 739,559 | |
67/77 |
1.4m | 1.2m | 1.3m | 824,106 | 578,217 | 564,883 | 556,317 | 379,877 | 234,339 | 76,868 | 295,269 | 287,837 | 135,561 | 329,599 | 466,717 | 252,546 | |
9904 |
4.7m | 4.0m | 4.3m | 1.8m | 1.2m | 1.2m | 991,458 | 693,294 | 367,699 | 143,809 | 263,433 | 473,716 | 316,022 | 671,472 | 920,856 | 487,013 | |
9905 |
4.7m | 4.0m | 4.3m | 1.8m | 1.2m | 1.2m | 991,458 | 693,294 | 367,699 | 143,809 | 263,433 | 473,716 | 316,022 | 671,472 | 920,856 | 487,013 | |
| Appropriation of the result | |||||||||||||||||
9906 |
4.7m | 4.0m | 4.3m | 1.8m | 1.2m | 1.2m | 991,458 | 693,294 | 367,699 | 143,809 | 1.2m | 1.4m | 2.0m | 1.7m | 1.4m | 487,013 | |
791/2 |
991,458 | 1.1m | 143,809 | - | 1.2m | 473,716 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
4.7m | 4.0m | 0 | 1.8m | 1.2m | 1.2m | 991,458 | 693,294 | 367,699 | 143,809 | 1.2m | 473,716 | 16,140 | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 74,400 | 16,140 | - | - | 1,860 | |
6921 |
4.7m | 4.0m | 0 | 1.8m | 1.2m | 1.2m | 991,458 | 693,294 | 367,699 | 143,809 | 1.2m | 399,316 | - | - | - | - | |
694/7 |
991,458 | 1.1m | 143,809 | - | 1.2m | 473,716 | - | - | - | - | - | - | 1.1m | - | 400,000 | - | |
694 |
991,458 | 1.1m | 143,809 | - | 1.2m | 473,716 | - | - | - | - | - | - | 1.1m | - | 400,000 | - | |
| Social balance sheet | |||||||||||||||||
9087 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-07-2026 | 2026-00375743 | |
| 31-12-2024 | abbreviated format | 08-07-2025 | 2025-00256080 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00323497 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00406863 | |
| 31-12-2021 | abbreviated format | 26-07-2022 | 2022-20230991 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-46000464 | |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-23900381 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-40400467 | |
| 31-12-2017 | micro format | 10-08-2018 | 2018-44800358 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51700333 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-37600107 | |
| 31-12-2014 | abbreviated format | 30-06-2015 | 2015-23700191 | |
| 31-12-2013 | abbreviated format | 10-07-2014 | 2014-29300319 | |
| 31-12-2012 | abbreviated format | 26-07-2013 | 2013-35200311 | |
| 31-12-2011 | abbreviated format | 08-06-2012 | 2012-15600517 | |
| 31-12-2010 | abbreviated format | 10-06-2011 | 2011-15800423 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.7m | 2.9m | 4.9m | 2.6m | 1.8m | 1.8m | 1.5m | 1.1m | - | - | 544,443 | 744,263 | 431,260 | 991,515 | 1.4m | 742,576 | ||
| 4.7m | 4.0m | 4.3m | 1.8m | 1.2m | 1.2m | 993,707 | 694,072 | - | - | 263,784 | 474,216 | 316,536 | 671,634 | 921,019 | 487,190 | ||
| -75,000 | -225,000 | 1.5m | 144,843 | 2,436 | 2,195 | 6,528 | 2,333 | - | - | 300,000 | 0 | 1,053 | 0 | 0 | 813 | ||
| 3.1m | -651,228 | 1.3m | -1.1m | -520,544 | -1.5m | 990,054 | 685,324 | 424,143 | 848,811 | -276,609 | 86,684 | 712,421 | 328,804 | - | - | ||
| 15.3m | 11.5m | 8.7m | 6.1m | 4.4m | 4.3m | 3.6m | 3.5m | 2.8m | 2.4m | 2.3m | 2.3m | 1.8m | 1.7m | 1.0m | 492,643 | ||
| 99.6% | 92.2% | 97.6% | 91.7% | 74.5% | 87.0% | 78.1% | 95.3% | 94.3% | 95.0% | 98.7% | 94.6% | 80.0% | 82.3% | 48.4% | 66.0% | ||
| - | 11.27 | 34.79 | 11.35 | 3.73 | 7.27 | 4.28 | 19.60 | 16.06 | 17.80 | 68.65 | 18.54 | 5.01 | 5.64 | 1.94 | 2.93 | ||
| 0.00 | 0.08 | 0.02 | 0.09 | 0.34 | 0.15 | 0.28 | 0.05 | 0.06 | 0.05 | 0.01 | 0.06 | 0.25 | 0.22 | 1.06 | 0.52 | ||
| 27.7% | 30.4% | 40.1% | 28.1% | 26.7% | 26.5% | 25.6% | 18.3% | 11.9% | 5.3% | 10.2% | 20.5% | 17.2% | 39.8% | 90.8% | 98.7% | ||
| 27.6% | 28.0% | 39.1% | 25.8% | 19.9% | 23.0% | 20.0% | 17.5% | 11.2% | 5.0% | 10.1% | 19.4% | 13.7% | 32.8% | 44.0% | 65.1% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €17.0m, equity €16.9m).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €7,885 | €144,843 | €2,436 |
| Financial fixed assets | - | - | €1.5m | - | - |
| €19,100 | €19,322 | €18,670 | €7,437 | €2,550 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on LuHeFo
The operating result for 2025 is 30% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 7.8% to 0.4%. Equity is higher and debt is lower.
Large changes and their cause
- 2023 Net result +133% on 2022. The accounts now follow the micro format, last year the abbreviated format.
Board & ownership
Board
1 director, last change in 2019Director (not named in the articles)
appointed by deed of 06-09-2019
term without a fixed end
earlier statutory manager, until 06-09-2019
listed in the 2025 annual accounts, filed on 28-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”deed of 06-09-2019
Mandates through the years
1 name, the dashed line is todayVERVAET Yves, Henri Clara
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
- VERVAET Yves, Henri Clara
- Director (not named in the articles), from 26-12-2009 to date
- Statutory manager, until 06-09-2019
Control
Capital
- Contribution
- €6,267
- Source
- 2025 annual accounts
Articles of association
deed of 06-09-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 186 shares
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00
Network & group
Holdings
own 2015 accountsThis companyLuHeFo1 holding, 1 country
2015 accounts
Belgium 1 Equity Result
- BE DELAERE ENGINEERING40% €4.8m result €1.7m
Source: list of holdings in its own 2015 accounts. Every holding stands with its own latest accounts.
The LEI register names no parent.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ROTHSCHILD & CO BELGIUM
via VERVAET Yves, Henri Clara · Director · deed of 07-04-2021
Founded in 2015 · 18 FTE (2025)
→
Timeline
Timeline
33 events since 2009Board
Capital
Filings
Financial
Establishments
Address
201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 3 days before the deadline
2025
Highest result from 2010 to 2025 net €4.7m ▲16.8% The net result of €4.7m is the highest of those years.
Liquidity more than 20 times current ratio 226.38 The current ratio rises from 11.27 to 226.38. Short-term debt falls from €1.1m to €67,887.
Annual accounts 2024 filed PDFabbreviated format · 23 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0821866350
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Liquidity more than triples current ratio 34.79 The current ratio rises from 11.35 to 34.79. Short-term debt falls from €585,227 to €256,848.
Equity above €10m equity €10.6m ▲63.2% With a profit in every financial year since 2010, equity grows to €10.6m.
Annual accounts 2022 filed PDFabbreviated format · 29 days late
2022
Liquidity triples current ratio 11.35 The current ratio rises from 3.73 to 11.35. Short-term debt falls from €1.6m to €585,227.
Equity above €5m equity €6.5m ▲39.1% With a profit in every financial year since 2010, equity grows to €6.5m.
Registered office moved from Schaerbeek to Woluwe-Saint-PierreNew registered office: Zonnegaarde 6, 1150 Sint-Pieters-Woluwe · Previous registered office: de Lochtstraat 25, 1030 Schaarbeek1 point ▸
- Registered-office move, Zonnegaarde 6, 1150 Sint-Pieters-Woluwe
- The deed holds 1 more point.
Annual accounts 2021 filed PDFabbreviated format · 5 days before the deadline
2021
Annual accounts 2020 filed PDFabbreviated format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFabbreviated format · 31 days before the deadline
2019
Capital decrease of €905,400 to €18,600Capital from €924,000 to €18,600 · Change of role: VERVAET Yves Henri Clara, from statutory manager to director · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 02-09-20199 points ▸
- General meeting, 02-09-2019
- Capital decrease, €905,400
- Amendment of the articles, article 5
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- Power of attorney, Adrienne Spaepen
- Director resignation, VERVAET Yves Henri Clara (statutory manager)
- Director appointment, VERVAET Yves Henri Clara (director (not named in the articles))
- Director discharge, VERVAET Yves Henri Clara
- Registered office clause, de Lochtstraat 25, 1030 Brussel (Schaarbeek)
- The deed holds 4 more points.
Annual accounts 2018 filed PDFmicro format · 1 day before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 10 days late
2017
Annual accounts 2016 filed PDFmicro format · 29 days late
2016
Weakest financial year net €143,809 ▼45.4% The net result drops to €143,809, the lowest from 2010 to 2025. It recovers the following year.
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Liquidity more than triples current ratio 68.65 The current ratio rises from 18.54 to 68.65. Short-term debt falls from €131,881 to €33,663.
Annual accounts 2014 filed PDFabbreviated format · 31 days before the deadline
2014
Liquidity more than triples current ratio 18.54 The current ratio rises from 5.01 to 18.54. Short-term debt falls from €458,946 to €131,881.
Equity above €2m equity €2.3m ▲25.7% With a profit in every financial year since 2010, equity grows to €2.3m.
Annual accounts 2013 filed PDFabbreviated format · 21 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 5 days before the deadline
2012
Liquidity more than doubled current ratio 5.64 The current ratio rises from 1.94 to 5.64. Short-term debt falls from €1.1m to €363,001.
Annual accounts 2011 filed PDFabbreviated format · 53 days before the deadline
2011
Equity above €1m equity €1.0m ▲106% With a profit in every financial year since 2010, equity grows to €1.0m.
Annual accounts 2010 filed PDFabbreviated format · 51 days before the deadline
2010
First establishment Zonnegaarde 6, Woluwe-Saint-Pierre
2009
Incorporation PDFpublished on 11-01-2010
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0821.866.350
- VAT number
- BE 0821.866.350
- Peppol ID
- 0208:0821866350
- Other Peppol ID
- 9925:BE0821866350
- LEI code
- 98450049DABD65ED2B26 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 30-12-2009
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 10:00deed of 06-09-2019 (in Dutch)
- Peppol
- Reachable since 07-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LuHeFo in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 06-09-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Brussels Hoofdstedelijk Gewest”deed of 06-09-2019 (in Dutch)
Activities
NACEBEL 202573300
Public relations and communication consultancy main activity
Codes under NACEBEL 2008
70210
Activities of head offices; management consultancy activities main activity
70220
Business consulting
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Fusie en overname adviezen,zoeken van financiering van investeringen,ontwikkeling van bedrijfsactiviteiten,integratie met andere…”deed of 06-09-2019 (in Dutch)
10 activities
- Fusie en overname adviezen,zoeken van financiering van investeringen,ontwikkeling van bedrijfsactiviteiten,integratie met andere ondernemingen,notering op gereguleerde markten.
- Het uitbaten van een consultancy onderneming,omvattend onder meer het begeleiden,het bijstaan,het informeren,het adviseren en reorganiseren van bedrijven,ondernemingen,vennootschappen en eenmanszaken op elk gebied,met inbegrip van alle managementopdrachten.
- De organisatie,de beheersproblematiek,de marktstudies en marketingbegeleiding van andere ondernemingen.
- Het uitoefenen van mandaten van bestuurder,zaakvoerder en vereffenaar in andere vennootschappen.
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin.Het verlenen van bijstand en diensten,rechtstreeks of onrechtstreeks,op het vlak van administratie en financiën,verkoop,productie en algemeen beheer.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriële duurzame activa.
- Het oordeelkundig beheer van een onroerend patrimonium.Zij mag ondermeer onroerende goederen verwerven,laten bouwen,laten opschikken,laten uitrusten en laten ombouwen,doch alleen met het oog op het beheer en de opbrengst en dus niet met het oog op de verkoop of de wederverkoop.Zij mag onroerende goederen vervreemden met het oog op de wederbelegging van de opbrengst.De vennootschap mag alle onroerende zakelijke rechten verkrijgen of toestaan.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm;het zich borg stellen of aval verlenen,in de meest ruime zin;alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Het adviseren bij of uitvoeren voor eigen rekening of rekening van derden van derivaten en valuta transacties.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zonnegaarde 6 registered office 1150 Woluwe-Saint-Pierre | 01-01-2010 | 2.183.980.635 |
1 former office
- de Lochtstraat 25, 1030 Schaarbeek until 02-11-2022 · deed of 14-12-2022
Buildings and parcels at the address
- Ground area
- 2,525 m²
- Buildings
- 368 m²
- Volume, LiDAR
- 3,159 m³
- Tallest building
- 23.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21019A0121/00T002 | 2,525 m² | 1 · 368 m² | 23.6 m · 2 |