Financials
- Financial year
- 2024
- Total assets
- €2.4m
- Loss
- -€1.0m
- Solvency
- -226.7%
Total assets▼ 8.2%
Net result
20182024
Résidence du Heysel
ActiveSummary
Résidence du Heysel has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5.4m) and a net result of -€1.0m. Equity is shrinking by about 26% per year across the filed financial years. Its solvency ranks better than 5% of 689 sector peers (NACE 87, financial year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Activity
Residential care activities
NACE 87301
10th largest employer in Anderlecht, Health and social work sector1 site
Size
≈ €6.5mturnover 2024, estimated
- Staff
- 84.6 FTE
- Equity
- -€5.4m
- Loss
- -€1.0m
Turnover estimated from the gross margin
Structure
- Parent
- Novadia · 100%
- NovadiaDirector · permanent representative Eric BAUGAS
- Fabienne GRACCHUSDirector
- Ludovic DERENNEDirector
Auditor: Michel Weber, Reviseur d'Entreprises2025 accounts not filed, 89 days past the deadline
Why 52raises riskCapped at 59: negative equityLoss of €1.0m, the second in a row (financial year 2024)Negative equity -€5.4mlowers riskSector: Residential care activities (NACE 87)Figures for financial year 2024 (filed 27-11-2025)Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 7% of its sector peers (NACE 87, medium-sized)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency
0=
equity -226.7% of total assets
Liquidity
22=
short-term debt 115.2% · cash 17.2%
Profitability
0=
return on assets -43.1%
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%
12-2024: 2.2%▲ +0.1 percentage points vs 11-2024
01-2025: 3.3%▲ +1.1 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025
04-2025: 3.0%▼ -0.3 percentage points vs 03-2025
05-2025: 3.0%● unchanged vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 4.0%▲ +1.0 percentage point vs 07-2025highest value
09-2025: 4.0%● unchanged vs 08-2025highest value
10-2025: 2.2%▼ -1.8 percentage points vs 09-2025
11-2025: 2.1%▼ -0.1 percentage points vs 10-2025
12-2025: 2.0%▼ -0.1 percentage points vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 1.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 1.8%▼ -0.3 percentage points vs 07-2026
09-2026: 1.7%▼ -0.1 percentage points vs 08-2026
10-2026: 1.3%▼ -0.4 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.48, compared with 0.66 in 2023, below 1; short-term debt: 115.2% and cash: 17.2% of total assets), and equity is negative.
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 87, medium-sized): better than 4% on solvency, 10% on liquidity, 3% on profitability and 10% on growth.
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
Seven signals.
lowers riskraises risk
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 -€5.4m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 119 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
119 days late
2023
415 days late
2022
31 days late
2021
25 days late
2020
60 days late
2019
89 days 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 123 days after the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (1)
- Resignation: Cécile Eudier (director and day-to-day…Gazette deed
- Annual accounts filedfinancial year 2024 · full…
- Appointments: Fabienne GRACCHUS (director) and Ludovic…Gazette deed
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€5.4m View
- Risk: 7 loss-making years in a rowloss financial year 2024 -€1.0m View
- Caution: Among the weakest 5% on solvencysector median 37.3% · 689 companies -226.7% View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
- Controlled by Novadiaultimately: INVESTCO EMERA SAS 100% View
- Caution: Result fell in 2024from -€742,766 to -€1.0m ▼ 38.0% View
- A director leftlatest change 23-02-2026 · 3 in office 1 left View
- Active since 1968founded 01-01-1968 58 years View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Novadia · 100%
- Auditor
- Michel Weber, Reviseur d'Entreprises
- NovadiaDirector
- Fabienne GRACCHUSDirector
- Ludovic DERENNEDirector
Network & group
- Group
- INVESTCO EMERA SAS
- Connected companies
- 4
Timeline
- Events
- 70
- Since
- 1977
- 28-10-2025Resignations & appointments
- 19-09-2025Annual accounts filed
- 24-10-2024Permanent representative: SARTINI Thibault
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Residential care activitiesNACE 87301
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 32
- Who signs
- Each director alone
- Annual meeting
- Third Friday of June at 12:00
- Purpose
- “L'exploitation d'une maison de repos pour personnes âgés ainsi que toutes autres activités…” (deed in French)
Key facts about Résidence du Heysel
- What is the company number of Résidence du Heysel?
- 0401.968.196. In Belgium the VAT number is the company number with BE in front: BE 0401.968.196.
- Where is Résidence du Heysel based?
- The registered office is at Lennikse Baan 179, 1070 Anderlecht.Company details
- What does Résidence du Heysel do?
- According to the KBO register, the main activity is residential care activities (NACE 87301).
- What is the legal form of Résidence du Heysel?
- Private limited company (BV).
- When was Résidence du Heysel founded?
- On 01-01-1968.
- Is Résidence du Heysel still active?
- Yes, Résidence du Heysel is an active enterprise in the KBO register.
- How many employees does Résidence du Heysel have?
- On average 84.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of Résidence du Heysel?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is Résidence du Heysel profitable?
- In financial year 2024, Résidence du Heysel made a loss of €1.0m.
- Where can I find the annual accounts of Résidence du Heysel?
- Résidence du Heysel filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to Résidence du Heysel
Parent and group
- Novadia100%
- EMERA INTERNATIONAL100%
Comparable companies
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- RESIDENCE CHRISTALAINJette
- Woon- en zorgcentrum Huize VincentTemse
- RESIDENCE VEDETTEBoussu
- GERISARTCharleroi
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