THE HEMING WAY

Active

Private limited companyfounded 1993active for 33 yearsWaalsekaai 19, 2000 Antwerpen, BelgiumKBO/BCE: BE 0450.892.424

Summary

THE HEMING WAY has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,831 and a net result of €26,725. Equity is shrinking by about 8.7% per year across the filed financial years. Its solvency ranks better than 78% of 16,853 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

THE HEMING WAYActiveChecked score 89/100

Risk analysis Report Compare

Activity

Cafés and bars

NACE 56301

2 sites

Size

≈ €620,000turnover 2025, estimated

Staff: 12.3 FTE
Equity: €156,831
Profit: €26,725

Turnover estimated from the gross margin

Financial health

89 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Largest shareholder: Dial Invest · 10%

VAN DESSEL AnthonyDirector

2025 accounts filed 12 days late1 of 5 deeds summarised

Why 89raises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 13 days late; 2 of the last 3 latelowers riskLiquidity: current ratio 2.27, cash €131,777Founded in 1993Show the evidence

Checked score

Score 2025

89 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 74% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 87+22

equity 62.2% of total assets

Liquidity 83+36

short-term debt 37.8% · cash 52.3%

Profitability 82+78

return on assets 10.6%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,766 companies, NACE 56, micro)

Last 24 months 11-2024: 4.4% 12-2024: 4.4%● unchanged vs 11-2024 01-2025: 4.3%▼ -0.1 percentage points vs 12-2024 02-2025: 5.8%▲ +1.5 percentage points vs 01-2025 03-2025: 6.3%▲ +0.5 percentage points vs 02-2025highest value 04-2025: 6.3%● unchanged vs 03-2025highest value 05-2025: 6.3%● unchanged vs 04-2025highest value 06-2025: 4.6%▼ -1.7 percentage points vs 05-2025 07-2025: 3.9%▼ -0.7 percentage points vs 06-2025 08-2025: 3.9%● unchanged vs 07-2025 09-2025: 4.1%▲ +0.2 percentage points vs 08-2025 10-2025: 4.1%● unchanged vs 09-2025 11-2025: 3.9%▼ -0.2 percentage points vs 10-2025 12-2025: 3.6%▼ -0.3 percentage points vs 11-2025 01-2026: 3.9%▲ +0.3 percentage points vs 12-2025 02-2026: 4.6%▲ +0.7 percentage points vs 01-2026 03-2026: 0.3%▼ -4.3 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value

Credit of up to €13,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.27, compared with 2.36 in 2024, above the usual 1.5; short-term debt: 37.8% and cash: 52.3% of total assets), and 37.8% of the assets are financed with debt and provisions.

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 56, micro): better than 78% on solvency, 85% on liquidity, 68% on profitability and 66% 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

Five signals.

lowers riskraises risk

Sector: Food and beverage service activities (NACE 56)

KBO

Liquidity: current ratio 2.27, cash €131,777

NBB · annual accounts

Last filed accounts filed 13 days late; 2 of the last 3 late

NBB · filings

Founded in 1993

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

2025 accounts filed 12 days late

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

12 days late

2024

130 days late

2023

483 days late

2022

28 days late

2021

27 days late

2020

628 days late

2019

28 days 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 191 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 28 February (4 of the last 5 filed years within 102 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end28-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

12-02-2026 Annual accounts filedfinancial year 2025 · micro…
30-06-2025 Back to profitnet €26,725
30-06-2025 Equity above €150,000equity €156,831 ▲20.5%

Key points

Positive: Back in profit in 2025after -€40,072 in 2024 €26,725 View
Positive: Among the best 14% on equitysector median €28,848 · 16,883 companies €156,831 View
Active since 1993founded 09-09-1993 33 years View

By topic

Financials

Financial year: 2025
Total assets: €252,134
Profit: €26,725
Solvency: 62.2%

Turnover▼ 10.0%

Net result

20232024

Go to Financials

Board & ownership

Board: 1 member
Largest shareholder: Dial Invest · 10%

VAN DESSEL AnthonyDirector

Go to Board & ownership

Timeline

Events: 38
Since: 1996
Next accounts: by 31-01-2027

10-06-2025Annual accounts filed
28-05-2025Annual accounts filed
15-01-2024Resignations: VAN DESSEL Nicolas (director) and VAN…

Go to Timeline

Company details

Sites: 2

Legal form: Private limited company
Activity: Cafés and barsNACE 56301
Founded: 09-09-1993
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Annual meeting: First Monday of November at 15:00
Purpose: “De vennootschap haar doel is aan haar aandeelhouders een rechtstreeks of onrechtstreeks…” (deed in Dutch)

Go to Articles of association

Key facts about THE HEMING WAY

What is the company number of THE HEMING WAY?: 0450.892.424. In Belgium the VAT number is the company number with BE in front: BE 0450.892.424.
Where is THE HEMING WAY based?: The registered office is at Waalsekaai 19, 2000 Antwerpen.Company details
What does THE HEMING WAY do?: According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of THE HEMING WAY?: Private limited company (BV).
When was THE HEMING WAY founded?: On 09-09-1993.
Is THE HEMING WAY still active?: Yes, THE HEMING WAY is an active enterprise in the KBO register.
How many employees does THE HEMING WAY have?: On average 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THE HEMING WAY?: €515,697 in financial year 2024, according to the filed annual accounts.
Is THE HEMING WAY profitable?: In financial year 2025, THE HEMING WAY made a profit of €26,725.
Where can I find the annual accounts of THE HEMING WAY?: THE HEMING WAY filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE HEMING WAY due?: By 31-01-2027, for financial year 2026.Timeline