Equity
€64,510 ▲ 363%
Equity rose in 2025 from €13,921 to €64,510.
HEDIN REAL ESTATE LIER II
Lifetime
19 annual accounts with figures on one time axisGross marginpeak €231,834 (2017)
€134,022▲ 34.9%
Resultlowest -€67,924 (2016)
€50,589▲ 501%
Equitypeak €220,606 (2019)
€64,510▲ 363%
Debts
€328,777▼ 21.9%
Staffpeak 6.9 FTE (2020)
-not published
Board5 names since 2019
3 directorsHedin Anders and 2 others
Owners2 names in the annual accounts
consolidatesHedin Belgien Bil Aktiebolag
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from €99,330 to €134,022Result from €8,424 to €50,589Equity from €13,921 to €64,510Debts from €420,893 to €328,777
Key points
from the 2025 annual accountsChecked score
82
Excellent
Financially stronger than 50% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.8%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.7%▼ -0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 0.6%▼ -0.3 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.5%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
11-2026: 0.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.04
lowers risk
Size: total assets €393,287
Founded in 2006
Figures for financial year 2025 (filed on 09-07-2026)
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 (no NACE code, micro). It does better than 26% of them on solvency, 9% on liquidity, 68% on profitability and 98% on growth.
The bankruptcy probability was computed on 05-11-2026 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, 3,818 companies had the same profile as HEDIN REAL ESTATE LIER II has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HEDIN REAL ESTATE LIER II itself: 0.5% 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 3,818 companies, not a prediction for HEDIN REAL ESTATE LIER II. 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 €5,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.04, below 1. Short-term debt is 82.7% of total assets. 83.6% 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
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €64,510
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
14 days early
2023
9 days early
2022
24 days early
2021
19 days early
2020
60 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average on the deadline day. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 12 July (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
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
HA
Hedin Anders
Director, since 01-07-2025
BP
BV PwC Bedrijfsrevisoren
Auditor, Filip Drieghe
- Hedin Belgien Bil Aktiebolag consolidatesannual accounts 2025
Recent changes
2 directors appointed, 1 resignation
Resignation: Henrik Lessèt · Appointments: Eddy Haesendonck (managing director) and Lafinus Porsius · Permanent representatives: Filip Drieghe and Wouter Coppens · General meeting of 03-10-2024 · Gazette deed
Permanent representative: Wouter Coppens
General meeting of 25-04-2024 · Gazette deed
Appointment: BV PWC Bedrijfsrevisoren (statutory auditor)
General meeting of 30-06-2022 · Gazette deed
Registered office moved from Lier to Sint-Niklaas
New registered office: Industriepark-Noord 2, 9100 Sint-Niklaas · Previous registered office: Stenenstap 2, 2500 Lier · Gazette deed
Official details
Source: KBO- Status
- Active since 08-06-2006Normal situation
- Activity
- “Uitbating van een garage voor onderhoud en herstellingen, carrosserie, in- en verkoop van vervoermiddelen…” (deed in Dutch)From the articles, 24 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.195.369.5249100 Sint-Niklaas, since 01-11-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- Total assets
- €393,287▼ 9.6%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on HEDIN REAL ESTATE LIER II
HEDIN REAL ESTATE LIER II files the abbreviated format. That format states no turnover. The gross margin rose from €73,237 in 2007 to €134,022 in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets.
In October 2024, the Official Gazette published the appointment of Eddy Haesendonck as managing director.
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 HEDIN REAL ESTATE LIER II
- What is the company number of HEDIN REAL ESTATE LIER II?
- The company number of HEDIN REAL ESTATE LIER II is 0881.658.041. The VAT number is the same number with BE in front: BE 0881.658.041.
- Where is HEDIN REAL ESTATE LIER II based?
- The registered office is at Industriepark-Noord 2, 9100 Sint-Niklaas.Company details
- What is the legal form of HEDIN REAL ESTATE LIER II?
- HEDIN REAL ESTATE LIER II is a private limited company (BV).
- When was HEDIN REAL ESTATE LIER II founded?
- HEDIN REAL ESTATE LIER II was founded on 08-06-2006.
- Is HEDIN REAL ESTATE LIER II still active?
- Yes, HEDIN REAL ESTATE LIER II is an active enterprise in the KBO register.
- How many employees does HEDIN REAL ESTATE LIER II have?
- HEDIN REAL ESTATE LIER II had an average of 6.9 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of HEDIN REAL ESTATE LIER II?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €134,022 and 1,646 comparable companies of the same size. It probably lies between €210,000 and €640,000. It is a rough estimate. In financial year 2021 turnover was €78,000.
- Is HEDIN REAL ESTATE LIER II profitable?
- In financial year 2025, HEDIN REAL ESTATE LIER II made a profit of €50,589.
- Where can I find the annual accounts of HEDIN REAL ESTATE LIER II?
- HEDIN REAL ESTATE LIER II filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HEDIN REAL ESTATE LIER II due?
- HEDIN REAL ESTATE LIER II must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.