HEB
ActiveThe computed 12-month bankruptcy probability of HEB is 7.9% (elevated). The 2025 annual accounts show equity of €1.68M and a net result of €-111k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 46% of 796 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability23▼-43
Solvency33▲+2
Growth54▼-21
Stability100
Bankruptcy probability, 12 months
7.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 0.76 in 2024), and 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
-1.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
9 d early
2023
128 d early
2022
106 d late
2021
85 d late
2020
74 d early
2019
38 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.38M▼ 4.5%
2024 · €15.05M
2021: €10.99M
2022: €15.73M
2023: €16.65M
2024: €15.05M
2021 → 2025
EBIT margin
1.6%▼ 2.7pp
2024 · 4.4%
2021: -8.1%
2022: -5.4%
2023: 0.6%
2024: 4.4%
2021 → 2025
Net result
€-111k
2024 · €440k
2018: €209k
2019: €465k
2020: €-778k
2021: €-969k
2022: €-1.02M
2023: €17k
2024: €440k
2018 → 2025
Working capital
€-921k▼ 11.6%
2024 · €-826k
2018: €389k
2019: €630k
2020: €2.64M
2021: €1.20M
2022: €-1.45M
2023: €-1.14M
2024: €-826k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.99M-€15.73M▲ 43.1%€16.65M▲ 5.9%€15.05M▼ 9.6%€14.38M▼ 4.5%
Equity€2.35M-€1.32M▼ 43.9%€1.38M▲ 4.5%€1.80M▲ 31.1%€1.68M▼ 6.8%
Operating result€-895k-€-855k▲ 4.5%€99k€656k▲ 564%€234k▼ 64.3%
Net result€-969k-€-1.02M▼ 5.1%€17k€440k▲ 2,553%€-111k
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.40M
Fixed assets
€4.12M▼ 13.1%
Current assets
€2.28M▼ 14.1%
Equity and liabilities €6.40M
Equity
€1.68M▼ 6.8%
Debt
€4.72M▼ 15.5%
The debt ratio falls from 75.6% to 73.8%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€1.34M▼
2024 · €1.76M
Cash flow
€995k▼
2024 · €1.54M
Solvency
26.2%▲
2024 · 24.4%
Current ratio
0.71▼
2024 · 0.76
Quick ratio
0.64▼
2024 · 0.70
Debt / equity
2.81▼
2024 · 3.10
ROE
-6.6%▼
2024 · 24.4%
ROA
-1.7%▼
2024 · 6.0%
Interest coverage
16.58▲
2024 · 15.77
Debt
€4.72M▼
2024 · €5.59M
Debt ≤ 1 year
€3.20M▼
2024 · €3.48M
Debt > 1 year
€1.36M▼
2024 · €1.90M
Income taxes
€56▼
2024 · €113
Staff costs
€4.39M▲
2024 · €4.09M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.39M€6.40M▼
Fixed assets21/28€4.73M€4.12M▼
Intangible fixed assets21€321k€192k▼
Tangible fixed assets22/27€4.33M€3.84M▼
Plant, machinery and equipment23€1.82M€1.78M▼
Furniture and vehicles24€228k€184k▼
Other tangible fixed assets26€2.28M€1.88M▼
Financial fixed assets28€81k€81k=
Affiliated companies280/1€50k€50k=
Participating interests280€50k€50k=
Other financial fixed assets284/8€31k€31k=
Amounts receivable and cash guarantees285/8€31k€31k=
Current assets29/58€2.65M€2.28M▼
Amounts receivable after more than one year29€760k€760k=
Other amounts receivable291€760k€760k=
Stocks and contracts in progress3€218k€228k▲
Stocks30/36€218k€228k▲
Raw materials and consumables30/31€218k€228k▲
Amounts receivable within one year40/41€731k€429k▼
Trade receivables40€181k€404k▲
Other amounts receivable41€550k€26k▼
Cash at bank and in hand54/58€766k€712k▼
Deferred charges and accrued income490/1€178k€151k▼
Equity and liabilities
Total equity and liabilities10/49€7.39M€6.40M▼
Equity10/15€1.80M€1.68M▼
Contributions10/11€3.78M€3.78M=
Reserves13€175k€175k=
Non-distributable reserves130/1€175k€175k=
Reserves not available under the articles1311€175k€175k=
Profit (loss) carried forward14€-2.23M€-2.34M▼
Investment grants15€80k€68k▼
Amounts payable17/49€5.59M€4.72M▼
Amounts payable after more than one year17€1.90M€1.36M▼
Financial debts170/4€1.90M€1.36M▼
Subordinated loans170€344k€361k▲
Credit institutions173€166k€211k▲
Other loans174€1.39M€786k▼
Amounts payable within one year42/48€3.48M€3.20M▼
Current portion of amounts payable after more than one year42€1.78M€823k▼
Trade debts44€1.18M€1.57M▲
Suppliers440/4€1.18M€1.57M▲
Advances received on contracts in progress46€28k€27k▼
Taxes, remuneration and social security45€334k€478k▲
Taxes450/3€82k€108k▲
Remuneration and social security454/9€252k€370k▲
Other amounts payable47/48€163k€303k▲
Accrued charges and deferred income492/3€211k€158k▼
Income statement
Code20242025
Operating income70/76A€15.49M€14.56M▼
Turnover70€15.05M€14.38M▼
Other operating income74€415k€179k▼
Non-recurring operating income76A€18k€154▼
Operating charges60/66A€14.83M€14.32M▼
Goods for resale, raw materials and consumables60€3.85M€3.68M▼
Purchases600/8€3.87M€3.69M▼
Change in stocks: decrease (increase)609€-19k€-10k▲
Services and other goods61€5.55M€5.02M▼
Remuneration, social security and pensions62€4.09M€4.39M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.10M€1.11M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€141k€124k▼
Non-recurring operating charges66A€88k€0▼
Operating profit (loss)9901€656k€234k▼
Financial income75/76B€127k€151k▲
Recurring financial income75€127k€151k▲
Income from financial fixed assets750€49k€49k▼
Income from current assets751€442€5k▲
Other financial income752/9€77k€97k▲
Financial charges65/66B€344k€496k▲
Recurring financial charges65€344k€496k▲
Debt charges650€112k€81k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€288k
Other financial charges652/9€232k€128k▼
Profit (loss) for the period before taxes9903€440k€-111k▼
Income taxes67/77€113€56▼
Taxes670/3€113€56▼
Profit (loss) for the period9904€440k€-111k▼
Profit (loss) for the period to be appropriated9905€440k€-111k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.23M€-2.34M▼
Profit (loss) brought forward from the previous period14P€-2.67M€-2.23M▲
Social balance
Average headcount (FTE)908792.494.0▲
The notes to these accounts (87 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment15 facts ▸
State Gazette act
Capital & shares · Resignations & appointments
General meeting · Director resignation · Director appointment15 facts ▸
- General meeting, 26/06/2026
- Director resignation, L&J – LABEL BV (bestuurder)
- Director resignation, BONAY BV (bestuurder)
- Director appointment, HARVEST HOSPITALITY BV (bestuurder)
- Permanent representative, Jan RUYSSCHAERT
- Permanent representative, Bernard ROSSEL
- Permanent representative, Pieter VANERMEN
- Director discharge, L&J – LABEL BV
- Director discharge, BONAY BV
- General meeting, 09/07/2026
- Director resignation, Eva URLINGS (bestuurder)
- Director appointment, FOHBOH BV (bestuurder)
- +3 further facts in this act
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 106 days late
2022
31-12
Financial
Weakest financial yearnet €-1.02M
Net result drops to €-1.02M, the lowest in the series; recovery starts the following year.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €465k ▲122%
Net result €465k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.06M ▲32.6%
2 profitable years in a row build equity to €2.06M.
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 directors, no change since 2026
FohBoh
CurrentDirector · since 09-07-2026 · Private limited company (pre-2019) · perm. rep.: Eva URLINGS
Harvest Hospitality
CurrentDirector · since 26-06-2026 · Private limited company · perm. rep.: Pieter VANERMEN
09-07-2026
FohBoh: Appointed as Director
09-07-2026
Eva URLINGS: Resigned as Director
26-06-2026
Harvest Hospitality: Appointed as Director
26-06-2026
BONAY: Resigned as Director
26-06-2026
L&J - label: Resigned as Director
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 18 establishment units since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijksesteenweg 489830 Sint-Martens-LatemGround area
7.9 ha
Building footprint
4,638 m²
Volume, LiDAR
44,797 m³
19 parcels, Brussels, Flanders · tallest building 21.2 m, ±6 floors. Linked by address, not a title deed.
18 establishment units
Bavet
since 20152.240.957.742
Bavet
since 20162.251.692.177
Bavet
since 20172.261.126.517
BAVET
since 20172.266.792.109
Bavet
since 20172.267.363.518
BAVET
since 20192.282.834.721
Show 12 more locations
BAVET
since 20192.282.834.820
BAVET
since 20192.282.834.919
Bavet
since 20202.306.120.956
Bavet
since 20202.306.121.055
Bavet Kiosk
since 20212.315.959.132
BAVET
since 20212.320.279.986
BAVET
since 20212.320.280.382
BAVET
since 20232.340.416.295
BAVET UA
since 20252.376.188.610
Cafe Recup Antwerpen Hopland
since 20262.386.630.659
Cafe Recup Gent Nederkouter
since 20262.386.630.758
Cafe Recup Jourdan
since 20262.386.630.857
19 parcels
Flanders
16
(84.2%)
Brussels
3
(15.8%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0068/00K004 | Flanders | 6.6 ha | 1 · 1,279 m² | 18.6 m · 5 fl. |
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
| 24062H0036/08P000 | Flanders | 2,781 m² | 1 · 270 m² | 21.1 m · 5 fl. |
| 35013A1595/00D035 | Flanders | 683 m² | - | - |
| 24502B0778/00R000 | Flanders | 664 m² | 1 · 241 m² | 14.8 m · 4 fl. |
| 44064B0667/00P000 | Flanders | 609 m² | 1 · 234 m² | 8.6 m · 2 fl. |
| 34022E0027/00X004 | Flanders | 189 m² | 1 · 196 m² | 17.1 m · 4 fl. |
| 44805E1035/00H000 | Flanders | 185 m² | 1 · 65 m² | 14.5 m · 5 fl. |
| 21005A0135/00B008 | Brussels | 164 m² | 1 · 163 m² | 20.4 m · 6 fl. |
| 12025E0568/00E000 | Flanders | 131 m² | - | - |
| 44805E1199/00A000 | Flanders | 125 m² | 1 · 120 m² | 12.5 m · 3 fl. |
| 11804D2921/00G000 | Flanders | 124 m² | 1 · 124 m² | 19.9 m · 6 fl. |
| 11802B0062/00W002 | Flanders | 124 m² | 1 · 111 m² | 16.8 m · 5 fl. |
| 21447B0216/00L005 | Brussels | 115 m² | 1 · 95 m² | 20.8 m · 6 fl. |
| 31803C0096/00A000 | Flanders | 113 m² | 1 · 114 m² | 11.4 m · 3 fl. |
| 44804D2718/00V026 | Flanders | 82 m² | 1 · 82 m² | 14.9 m · 4 fl. |
| 11803C1374/00F000 | Flanders | 78 m² | - | - |
| 21812N0311/00E000 | Brussels | 62 m² | 1 · 34 m² | 15.7 m · 4 fl. |
| 44803C0023/00B000 | Flanders | 27 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 18
19 of 19 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
1 connected companyNetwork connections
Shared corporate director
→
Ownership & control
2 partiesControl over this companysits on this company's board2
2 subsidiaries · 1 location
1 subsidiary · 1 location
controls
HEBBE 0597.747.850
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,392 EUR awarded · 7,492 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 7,492 EUR |
| 2022 | 1 | 1,392 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
18 sitesGent2.251.692.177
Antwerpen2.261.126.517
Antwerpen2.266.792.109
Antwerpen2.376.188.610
Show 14 more sites
Antwerpen2.386.630.659
Brugge2.282.834.721
Brussel2.267.363.518
Elsene2.282.834.820
Etterbeek2.386.630.857
Gent2.240.957.742
Gent2.282.834.919
Gent2.386.630.758
Kortrijk2.320.279.986
Leuven2.306.120.956
Leuven2.315.959.132
Mechelen2.306.121.055
Oostende2.320.280.382
Sint-Martens-Latem2.340.416.295
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OMMEGANG
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BE 0861.977.335
Eupen · Eq €1.67M
ATC.KAFFEE
BE 0479.398.051
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AMAJ
BE 0870.071.984
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 2,684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.