H EN W
ActiveH EN W has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €418k and a net result of €27k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 1287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+11
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 5.64 against 3.29 in 2024), and 10.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
89.3%
Return on assets
5.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
52 d early
2023
32 d early
2022
213 d late
2021
30 d late
2020
30 d late
2019
27 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€418k▲ 6.6%
2024 · €392k
2018: €189k
2019: €261k
2020: €224k
2021: €301k
2022: €343k
2023: €376k
2024: €392k
2018 → 2025
Total assets
€468k▼ 0.1%
2024 · €468k
2018: €465k
2019: €493k
2020: €436k
2021: €433k
2022: €451k
2023: €476k
2024: €468k
2018 → 2025
Net result
€27k▲ 57.3%
2024 · €17k
2018: €57k
2019: €72k
2020: €-7k
2021: €77k
2022: €42k
2023: €35k
2024: €17k
2018 → 2025
Working capital
€142k▲ 26.2%
2024 · €113k
2018: €-59k
2019: €22k
2020: €13k
2021: €90k
2022: €98k
2023: €99k
2024: €113k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€343k▲ 14.1%€376k▲ 9.7%€392k▲ 4.2%€418k▲ 6.6%
Operating result€101k-€61k▼ 39.1%€63k▲ 2.7%€23k▼ 63.3%€38k▲ 64.3%
Net result€77k-€42k▼ 44.7%€35k▼ 17.3%€17k▼ 50.3%€27k▲ 57.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 64% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468k
Fixed assets
€295k▼ 3.7%
Current assets
€173k▲ 6.8%
Equity and liabilities €468k
Equity
€418k▲ 6.6%
Debt
€50k▼ 34.3%
The debt ratio falls from 16.2% to 10.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▲
2024 · €35k
Cash flow
€40k▲
2024 · €30k
Solvency
89.3%▲
2024 · 83.8%
Current ratio
5.64▲
2024 · 3.29
Quick ratio
5.64▲
2024 · 3.29
Debt / equity
0.12▼
2024 · 0.19
ROE
6.5%▲
2024 · 4.4%
ROA
5.8%▲
2024 · 3.7%
Interest coverage
15.67▲
2024 · 13.34
Debt
€50k▼
2024 · €76k
Debt ≤ 1 year
€31k▼
2024 · €49k
Debt > 1 year
€15k▼
2024 · €27k
Income taxes
€13k▲
2024 · €9k
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€468k€468k▼
Fixed assets21/28€306k€295k▼
Tangible fixed assets22/27€306k€295k▼
Land and buildings22€280k€275k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€22k€16k▼
Current assets29/58€162k€173k▲
Amounts receivable within one year40/41€112k€111k▼
Trade receivables40€5k€12k▲
Other amounts receivable41€106k€99k▼
Cash at bank and in hand54/58€32k€48k▲
Deferred charges and accrued income490/1€18k€14k▼
Equity and liabilities
Total equity and liabilities10/49€468k€468k▼
Equity10/15€392k€418k▲
Contributions10/11€6k€6k=
Reserves13€386k€411k▲
Distributable reserves133€386k€411k▲
Amounts payable17/49€76k€50k▼
Amounts payable after more than one year17€27k€15k▼
Financial debts170/4€27k€15k▼
Amounts payable within one year42/48€49k€31k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Advances received on contracts in progress46€4k€4k▲
Taxes, remuneration and social security45€24k€5k▼
Taxes450/3€24k€5k▼
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€12k€15k▲
Gross operating margin9900€48k€65k▲
Operating profit (loss)9901€23k€38k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€27k€40k▲
Income taxes67/77€9k€13k▲
Profit (loss) for the period9904€17k€27k▲
Profit (loss) for the period to be appropriated9905€17k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€27k▲
Transfer to equity691/2€16k€26k▲
To other reserves6921€16k€26k▲
Profit to be distributed694/7€2k€2k▼
Return on contributions (dividend)694€2k€2k▼
The notes to these accounts (9 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
10-09
State Gazette act
Board meeting · Registered-office moveBoard meeting · Registered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-05-18
- Registered-office move, Dragonweg 5 te 8520 Kuurne
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 213 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.99
Current ratio from 1.11 to 2.99; short-term debt falls from €120k to €45k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-7k ▼110%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 1.20
Current ratio from 0.48 to 1.20.
31-12
Financial
Equity above €200kEq €261k ▲38.1%
2 profitable years in a row build equity to €261k.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kuurne · 1 establishment unit since 1995
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.
Dragonweg 58520 KuurneGround area
4,855 m²
Building footprint
781 m²
Volume, LiDAR
4,301 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hotel Restaurant Asian Empire
since 19952.072.970.568
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0168/00Z000 | Flanders | 4,576 m² | 1 · 731 m² | 9.4 m · 2 fl. |
| 34023B0963/00V006 | Flanders | 279 m² | 1 · 50 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKuurne2.072.970.568
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BE 0715.814.171
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Renovest
BE 0644.661.406
De Haan · Eq €419k
AUBERGE DU PECHEUR
BE 0472.482.644
Sint-Martens-Latem · Eq €419k
VODELIS
BE 0841.653.558
Dinant · Eq €420k
LA SOURCE
BE 0432.721.552
Profondeville · Eq €420k
Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 1,084 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-1995
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.