VANHEMUS
ActiveSummary
The computed 12-month bankruptcy probability of VANHEMUS is 3.5% (moderate). The 2025 annual accounts show equity of €9,717 and a net result of €6,717. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-09-2024 Normal situation
- Activity
- “De import en de export, de groothandel, de agentuur, de aan- en verkoop, het…” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.364.236.527 3730 Bilzen-Hoeselt, since 18-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2026
Board and ownership
- MUSGER, Natasja Josée FreddyDirector · since 18-09-2024
- VANHEES, Pieter Bert JanDirector · since 18-09-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.5%
- Gross margin
- €11,150
- Turnover
- ≈ €85,000
- estimated
- Profit
- €6,717
- Equity
- €9,717
- Total assets
- €14,478
- 2025 accounts filed 19 days after the deadline
Score breakdownraises riskFounded in 2024No main activity registeredLiquidity: current ratio 2.75, cash €53Last filed accounts filed 19 days lateShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56% of them on solvency, 20% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00414686.
Annual accounts 2025 filed on 19-08-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,869 |
| Other operating charges640/8 | €458 |
| Gross operating margin9900 | €11,150 |
| Operating profit (loss)9901 | €8,823 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €84 |
| Recurring financial charges65 | €84 |
| Profit (loss) for the period before taxes9903 | €8,740 |
| Income taxes67/77 | €2,023 |
| Profit (loss) for the period9904 | €6,717 |
| Profit (loss) for the period to be appropriated9905 | €6,717 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €14,478 | |
| Formation expenses20 | €1,390 | |
| Current assets29/58 | €13,087 | |
| Amounts receivable within one year40/41 | €13,034 | |
| Trade receivables40 | €9,458 | |
| Other amounts receivable41 | €3,577 | |
| Cash at bank and in hand54/58 | €53 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €14,478 | |
| Equity10/15 | €9,717 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €6,717 | |
| Amounts payable17/49 | €4,761 | |
| Amounts payable within one year42/48 | €4,761 | |
| Trade debts44 | €39 | |
| Suppliers440/4 | €39 | |
| Taxes, remuneration and social security45 | €4,722 | |
| Taxes450/3 | €2,722 | |
| Remuneration and social security454/9 | €2,000 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €6,717 |
| + Depreciation and write-downs630 | €1,869 |
| Operating cash flow (approximation) | €8,585 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as VANHEMUS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of VANHEMUS itself is higher: 3.5% within 12 months. It rests on far more data about VANHEMUS than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for VANHEMUS. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-08-2026 | 2026-00414686 |
Board & ownership
Directors
Owners and capital
Shareholders
- VANHEES, Pieter Bert Jan founder
- MUSGER, Natasja Josée Freddy founder
Capital transactions
- 20-09-2024 Incorporation · €5,000
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MUSGER, Natasja Josée Freddy |
|
| VANHEES, Pieter Bert Jan |
|
Articles of association
Board and representation
- Daily managementDay-to-day management handles the everyday running of the business without the full board.
- “Artikel 12. Dagelijks bestuur Elke bestuurder kan het dagelijks bestuur, alsook de vertegenwoordiging van de vennootschap wat dat bestuur…”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, aandeelhouders mogen kennis nemen van register betreffende hun effecten”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Wettelijke interest verhoogd met 2% per jaar na aanmaning van 1 maand per aangetekende brief, bestuurder(s) beslissen zelfstandig over…”“Volledig en onvoorwaardelijk, 15”
Audit, dissolution and liquidation
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Hernieuwbare termijn van drie jaar, één of meerdere”
Articles of association, deed of 20-09-2024 (in Dutch)
Network & group
VANHEMUS shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of VANHEMUS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-09
Gazette deed
IncorporationStarting capital €5,000 · Appointments: VANHEES, Pieter Bert Jan (director) and MUSGER, Natasja Josée Freddy (director) · Founder10 points ▸
- Incorporation, 18-09-2024
- Founder, VANHEES, Pieter Bert Jan
- Founder, MUSGER, Natasja Josée Freddy
- Capital, €5,000
- Board rule, 2
- Director appointment, VANHEES, Pieter Bert Jan (director (not named in the articles))
- Director appointment, MUSGER, Natasja Josée Freddy (director (not named in the articles))
- Pre-incorporation commitments, “takeover, all commitments and obligations arising therefrom, and all activities undertaken in the name and for the account of the company in formation” (deed in Dutch)
- Other provision, “ubo register, the parties acknowledge having been informed by the instrumenting notary about the UBO register, which aims to provide adequate, accurate and up-t…” (deed in Dutch)
- Other provision, “professional authorisations, the parties acknowledge that the instrumenting notary has drawn their attention to the fact that the company, in the execution of i…” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
8 activities
- De import en de export, de groothandel, de agentuur, de aan- en verkoop, het verlenen van alle diensten voor, de bemiddeling inzake alle activiteiten op het gebied van: Ruime begrip van welzijn
- Verpleging op consultatie en aan huis van alle mensen die permanente of tijdelijke verzorging nodig hebben, indien wettelijk verreist op voorschrift van daartoe bevoegde personen.
- Het leveren van goederen en diensten aan medici en para-medici.
- De aan- en verkoop, het ter beschikking stellen van verbruiksgoederen, onderhoudsproducten, randapparatuur en materieel dienstig in de medische sector.
- Het leveren ven medische goederen en diensten aan patiënten, zieken en verbruikers alsmede het uitbouwen van diensten van dagopvang en permanente dagopvang.
- Het verlenen van advies en uitvoeren van schoonheidszorgen en gezichtsverzorging, het aanbrengen van make-up, huidverzorging en epileren, manicure en pedicure – kortom alle activiteiten van een schoonheidssalon in de meest uitgebreide betekenis van het woord.
- Laserontharing, gezondheidsproducten, alternatieve behandelingen, yoga/ontspanning
- Binnen- en buitenshuis, vakantiekampen voor kinderen
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73032D0143/00A002 | Flanders | 3,577 m² | 1 · 730 m² | 10.2 m · 1 |