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'T HEMELHOF

Active
Private limited companyfounded 199135 yrs activeBrugsesteenweg(Kor) 123, 8500 Kortrijk, BelgiumKBO/BCE: BE 0443.662.855
Summary

The computed 12-month bankruptcy probability of 'T HEMELHOF is 1.6% (moderate). The 2025 annual accounts show negative equity (-€85,959) and a net result of €33,354. Equity is shrinking by ~20.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 14676 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
'T HEMELHOFActiveChecked score 49/100
Risk analysis ReportCompare

Overview

What they do
Full-service restaurants
NACE 56111NACE 55301NACE 55522
1 site
How big
€89,698total assets 2025
Staff
1.7 FTE
Equity
-€85,959
Profit
€33,354
Turnover not published (abridged schema)
Financially healthy?
49 Fair Checked score 2025
Bankruptcy chance 12 m
1.6%
Who decides
Accounts filed 42 d late0 of 4 deeds read
Why 49- Higher-failure-rate sector- Annual accounts: weaker financial profile- Weak solvency vs sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2025
49 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.28 in 2024; short-term debt: 194.6% and cash: 25.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-95.8%
Return on assets
37.2%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 14676 sector peers (2025).
NBB · sector comparison
Position among 14676 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 12-12-2025, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
42 d late
2024
on the day
2023
29 d late
2022
3 d late
2021
16 d late
2020
27 d late
2019
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 16 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close02-10-2026 today31-10-2026 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €33,354
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€85,959 View
  • Caution: Among the weakest 6% on equitysector median €29,271 · 14,705 companies -€85,959 View
  • Positive: Back in profit in 2025after -€34,926 in 2024 €33,354 View

By topic

Financials

Fiscal year
2025
Total assets
€89,698
Profit
€33,354
Solvency
-95.8%
Total assets▲ 52.3%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-10-2026
  1. 12-12-2025Annual accounts filed
  2. 31-03-2025Back to profit
  3. 31-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
07-03-1991
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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