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Heemschut

Active
Non-profit associationfounded 1976active for 50 yearsGuldendal 20, 1850 Grimbergen, BelgiumKBO/BCE: BE 0416.131.780
Summary

Heemschut has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,640 and a net result of -€52,703. Its solvency ranks better than 45% of 77 sector peers (NACE 91, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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HeemschutActiveChecked score 92/100
Risk analysis ReportCompare

Overview

Activity
Libraries, archives, museums and other cultural activities
NACE 91220
3rd oldest company in Flemish Brabant, Libraries, archives and museums sector1 site
Size
≈ €1.9mturnover 2025, estimated
Staff
12.7 FTE
Equity
€111,640
Deficit
-€52,703
Turnover estimated from the gross margin
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
18 members
2025 accounts filed 31 days late4 of 13 deeds summarised
Why 92raises riskLoss of €52,703 (financial year 2025)Last filed accounts filed 31 days late; 2 of the last 3 latelowers riskLegal form: non-profit associationLiquidity: current ratio 1.11, cash €84,628Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 91, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 72-14
equity 47.3% of total assets
Liquidity 71-14
short-term debt 48.0% · cash 35.9%
Profitability 0-100
return on assets -22.3%
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 0.1% (148 companies, NACE 91, 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 05-2025lowest value 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 12-2025highest value 02-2026: < 0.1%● unchanged vs 01-2026highest value 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026 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 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 1.6 in 2023, below the usual 1.5; short-term debt: 48% and cash: 35.9% of total assets), and 52.7% 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 91, micro): better than 41% on solvency, 62% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 29-10-2026 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
lowers risk · Legal form: non-profit association
KBO
raises risk · Loss of €52,703 (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.11, cash €84,628
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filings
Deviation from the deadline
2025
31 days late
2023
72 days late
2008
17 days late
2007
31 days late
2006
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 24 days after the deadline; the sector median (NACE 91) for financial year 2023 is 20 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Resignations: Bogemans Nancy, De Prins Steven…Reappointments: Belgrado Patric, Cuvelier Mark…
  3. Amendment of the articlesGeneral meeting

Key points

  • Caution: Among the weakest 5% on net resultsector median €7,357 · 78 companies -€52,703 View
  • Flemish supportawarded from 2022 to 2025 €1.2m View
  • Active since 1976founded 29-04-1976 50 years View

By topic

Financials

Financial year
2025
Total assets
€235,905
Loss
-€52,703
Solvency
47.3%
Total assets▼ 7.5%
Net result
20232025
Go to Financials

Board & ownership

Board
18 members
  • Dehaene KoenDirector
  • Hagerbaum ElsieDirector
  • Linscheer RamonDirector
  • Missotten WimDirector
  • Mulleman ChantalDirector

and 13 other directors

Go to Board & ownership

Timeline

Events
9
Since
2007
Next accounts
by 31-07-2027
  1. 11-10-2024Annual accounts filed
  2. 27-03-2023Resignation: Kirsten Hoefs (director)
  3. 21-12-2022Resignation: Dirk Moens (director)
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Libraries, archives, museums and other cultural activitiesNACE 91220
Founded
29-04-1976
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
44
Purpose
“Ze beheert en exploiteert hiertoe de gemeentelijke eigendommen die haar door de gemeente…” (deed in Dutch)
Go to Articles of association

Key facts about Heemschut

What is the company number of Heemschut?
0416.131.780. In Belgium the VAT number is the company number with BE in front: BE 0416.131.780.
Where is Heemschut based?
The registered office is at Guldendal 20, 1850 Grimbergen.Company details
What does Heemschut do?
According to the KBO register, the main activity is libraries, archives, museums and other cultural activities (NACE 91220).
What is the legal form of Heemschut?
Non-profit association (VZW).
When was Heemschut founded?
On 29-04-1976.
Is Heemschut still active?
Yes, Heemschut is an active enterprise in the KBO register.
How many employees does Heemschut have?
On average 12.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Heemschut?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Heemschut profitable?
In financial year 2025, Heemschut made a loss of €52,703.
Where can I find the annual accounts of Heemschut?
Heemschut filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Heemschut due?
By 31-07-2027, for financial year 2026.Timeline

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