Heito
Open bankruptcyA bankruptcy procedure is open for Heito according to publications in the Belgian State Gazette; curator: JONAS VAN WEYENBERG.
Summary
The 2021 annual accounts show equity of €53k and a net result of €4k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
27 d late
2019
56 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€53k▲ 7.1%
2020 · €50k
2019: €54k
2020: €50k
2019 → 2021
Total assets
€129k▲ 31.2%
2020 · €99k
2019: €116k
2020: €99k
2019 → 2021
Net result
€4k
2020 · €-5k
2019: €48k
2020: €-5k
2019 → 2021
Working capital
€32k▲ 87.5%
2020 · €17k
2019: €20k
2020: €17k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€54k-€50k▼ 8.7%€53k▲ 7.1%
Operating result€68k-€-4k€7k
Net result€48k-€-5k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €7k after a loss of €4k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €129k
Fixed assets
€35k ▼ 5.8%
Current assets
€94k ▲ 53.9%
Equity and liabilities €129k
Equity
€53k ▲ 7.1%
Debt
€76k ▲ 55.8%
Debt's share of the balance-sheet total rises from 49.6% to 58.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14k▲
2020 · €2k
Cash flow
€10k▲
2020 · €1k
Current ratio
1.51▲
2020 · 1.38
Quick ratio
1.45▲
2020 · 1.19
Debt to equity
1.43▲
2020 · 0.06
ROE
6.6%▲
2020 · -9.5%
ROA
2.7%▲
2020 · -4.8%
Interest coverage
5.72
Debt ≤ 1 year
€63k▲
2020 · €44k
Debt > 1 year
€12k▲
2020 · €3k
Income taxes
€1k
Staff costs
€19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 51 lines
Balance sheet
Code20202021
Assets
Total assets20/58€99k€129k▲
Fixed assets21/28€37k€35k▼
Tangible fixed assets22/27€37k€35k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€3k
Other tangible fixed assets26-€30k
Financial fixed assets28€182€182=
Current assets29/58€61k€94k▲
Stocks and contracts in progress3€8k€3k▼
Stocks30/36-€3k
Amounts receivable within one year40/41€52k€88k▲
Trade receivables40-€98
Other amounts receivable41-€88k
Cash at bank and in hand54/58€584€2k▲
Deferred charges and accrued income490/1-€422
Equity and liabilities
Total equity and liabilities10/49€99k€129k▲
Equity10/15€50k€53k▲
Contributions10/11-€6k
Reserves13€48k€48k=
Non-distributable reserves130/1-€620
Reserves not available under the articles1311-€620
Distributable reserves133-€48k
Profit (loss) carried forward14€-5k€-1k▲
Amounts payable17/49€49k€76k▲
Amounts payable after more than one year17€3k€12k▲
Financial debts170/4-€12k
Amounts payable within one year42/48€44k€63k▲
Current portion of amounts payable after more than one year42-€15k
Financial debts43-€8k
Other loans439-€8k
Trade debts44€15k€30k▲
Suppliers440/4-€30k
Taxes, remuneration and social security45-€10k
Taxes450/3-€6k
Remuneration and social security454/9-€4k
Accrued charges and deferred income492/3-€2k
Income statement
Code20202021
Remuneration, social security and pensions62-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8-€3k
Gross operating margin9900€16k€35k▲
Operating profit (loss)9901€-4k€7k▲
Financial income75/76B-€0
Recurring financial income75€100€0▼
Financial charges65/66B-€2k
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-5k€5k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-5k€4k▲
Profit (loss) for the period to be appropriated9905€-5k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-1k
Profit (loss) brought forward from the previous period14P-€-5k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
22-11
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · HEITO BV STATIEPLEIN (DEN) 16, 9200 DENDERMONDE · event 16-11-2023
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-5k ▼110%
Net result drops to €-5k, the lowest in the series.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2018
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.
Ground area
193 m²
Building footprint
111 m²
Volume, LiDAR
735 m³
Parcel 42006E0260/00H003, Flanders · tallest building 12.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEITO
since 20182.277.534.858
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006E0260/00H003 | Flanders | 193 m² | 1 · 111 m² | 12.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JONAS VAN WEYENBERG F.KHNOPFFSTRAAT
104A, 9200 DENDERMONDE |
16-11-2023 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-06-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.