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HE - VO

Active
Public limited companyfounded 1991active for 35 yearsRidder Dessainlaan 43, 2800 Mechelen, BelgiumKBO/BCE: BE 0444.419.851
Summary

HE - VO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €393,900 and a net result of €2,247. Equity is growing by about 3.6% per year across the filed financial years. Its solvency ranks better than 89% of 252 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
HE - VOActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Buying and selling of own real estate
NACE 68110
2 sites
Size
≈ €28,000turnover 2026, estimated
Equity
€393,900
Profit
€2,247
Turnover estimated from the gross margin
Financial health
96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2026 accounts 9 days early1 of 3 deeds summarised
Why 96lowers riskLiquidity: current ratio 11.11, cash €73,305Founded in 1991Equity €393,900 (90.7% of total assets)Size: total assets €434,464Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 68, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 100=
equity 90.7% of total assets
Liquidity 71-5
short-term debt 8.1% · cash 16.9%
Profitability 69+10
return on assets 0.5%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,617 companies, NACE 68, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity ample (current ratio 11.11, compared with 5.71 in 2025, above the usual 1.5; short-term debt: 8.1% and cash: 16.9% of total assets), and 9.3% 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 68, micro): better than 91% on solvency, 81% on liquidity, 57% on profitability and 47% 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 riskneutral
lowers risk · Liquidity: current ratio 11.11, cash €73,305
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €393,900 (90.7% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €434,464
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
9 days early
2025
36 days early
2024
23 days early
2023
7 days late
2022
on the day
2021
17 days late
2020
13 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 4 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Reappointments: John Hendrickx, Maria Voet and…Appointments: John Hendrickx (managing director)…
  3. Back to profitnet €2,247

Key points

  • Positive: Among the best 12% on solvencysector median 40.7% · 252 companies 90.7% View
  • Active since 1991founded 18-06-1991 35 years View
  • Board3 directors in office 3 View

By topic

Financials

Financial year
2026
Total assets
€434,464
Profit
€2,247
Solvency
90.7%
Total assets▼ 7.7%
Net result
20192026
Go to Financials

Board & ownership

Board
3 members
  • John HendrickxManaging director
  • Maria VoetDirector
  • Wendy HendrickxManaging director
Go to Board & ownership

Timeline

Events
37
Since
1993
Next accounts
by 31-10-2027
  1. 25-09-2025Annual accounts filed
  2. 31-03-2025Weakest financial year
  3. 08-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
18-06-1991
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about HE - VO

What is the company number of HE - VO?
0444.419.851. In Belgium the VAT number is the company number with BE in front: BE 0444.419.851.
Where is HE - VO based?
The registered office is at Ridder Dessainlaan 43, 2800 Mechelen.Company details
What does HE - VO do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of HE - VO?
Public limited company (NV).
When was HE - VO founded?
On 18-06-1991.
Is HE - VO still active?
Yes, HE - VO is an active enterprise in the KBO register.
What is the turnover of HE - VO?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is HE - VO profitable?
In financial year 2026, HE - VO made a profit of €2,247.
Where can I find the annual accounts of HE - VO?
HE - VO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of HE - VO due?
By 31-10-2027, for financial year 2027.Timeline

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