HEMBYSE
ActiveSummary
HEMBYSE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €166k and a net result of €41k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 77 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+7
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 5.5 against 4.36 in 2023; short-term debt: 12.6% and cash: 62.6% of total assets), and 12.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 91
Relative position
BE, all sectors
reference
Sector 91
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
14 d early
2022
21 d early
2021
16 d early
2020
32 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€166k▲ 2.9%
2023 · €161k
2018: €57k
2019: €70k
2020: €95k
2021: €109k
2022: €128k
2023: €161k
2018 → 2024
Total assets
€189k▼ 6.6%
2023 · €203k
2018: €107k
2019: €96k
2020: €138k
2021: €140k
2022: €149k
2023: €203k
2018 → 2024
Net result
€41k▲ 25.5%
2023 · €33k
2018: €39k
2019: €13k
2020: €25k
2021: €13k
2022: €19k
2023: €33k
2018 → 2024
Working capital
€107k▼ 24.0%
2023 · €141k
2018: €43k
2019: €62k
2020: €92k
2021: €108k
2022: €123k
2023: €141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€109k▲ 13.8%€128k▲ 17.9%€161k▲ 25.6%€166k▲ 2.9%
Operating result€34k-€18k▼ 45.4%€27k▲ 44.3%€48k▲ 81.7%€61k▲ 25.1%
Net result€25k-€13k▼ 47.7%€19k▲ 47.3%€33k▲ 68.7%€41k▲ 25.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 25% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €189k
Fixed assets
€58k ▲ 193%
Current assets
€131k ▼ 28.4%
Equity and liabilities €189k
Equity
€166k ▲ 2.9%
Debt
€24k ▼ 43.2%
Debt's share of the balance-sheet total falls from 20.7% to 12.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▲
2023 · €52k
Cash flow
€48k▲
2023 · €36k
Current ratio
5.50▲
2023 · 4.36
Debt to equity
0.14▼
2023 · 0.26
ROE
24.9%▲
2023 · 20.4%
ROA
21.8%▲
2023 · 16.2%
Interest coverage
940.23▲
2023 · 497.97
Debt ≤ 1 year
€24k▼
2023 · €42k
Income taxes
€19k▲
2023 · €16k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€203k€189k▼
Fixed assets21/28€20k€58k▲
Tangible fixed assets22/27€20k€58k▲
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24€3k€5k▲
Other tangible fixed assets26€2k€41k▲
Financial fixed assets28-€820
Current assets29/58€183k€131k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€270-
Cash at bank and in hand54/58€173k€119k▼
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€203k€189k▼
Equity10/15€161k€166k▲
Contributions10/11€19k€19k=
Reserves13€142k€147k▲
Distributable reserves133€142k€147k▲
Amounts payable17/49€42k€24k▼
Amounts payable within one year42/48€42k€24k▼
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€28k€9k▼
Taxes450/3€23k€9k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€743€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k▲
Other operating charges640/8€658€770▲
Gross operating margin9900€52k€68k▲
Operating profit (loss)9901€48k€61k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€104€72▼
Recurring financial charges65€104€72▼
Profit (loss) for the period before taxes9903€48k€61k▲
Income taxes67/77€16k€19k▲
Profit (loss) for the period9904€33k€41k▲
Profit (loss) for the period to be appropriated9905€33k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€41k▲
Transfer from equity791/2-€37k
Transfer to equity691/2€33k€41k▲
To other reserves6921€33k€41k▲
Profit to be distributed694/7-€37k
Directors or managers695-€37k
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €41k ▲25.5%
Operating result €61k, net result €41k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €161k ▲25.6%
6 profitable years in a row build equity to €161k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €109k ▲13.8%
4 profitable years in a row build equity to €109k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €13k ▼66.5%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.51
Current ratio from 2.32 to 5.51; short-term debt falls from €32k to €14k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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
Registered office, Gent · 1 establishment unit since 2017
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.
Vogelhoekstraat 25 A9050 GentGround area
1,929 m²
Building footprint
150 m²
Volume, LiDAR
825 m³
Parcel 44363B0506/00B003, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEMBYSE
since 20172.265.673.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44363B0506/00B003 | Flanders | 1,929 m² | 1 · 150 m² | 10.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 120 EUR awarded · 120 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 120 EUR | 120 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BE 0461.895.885
Leuven · Eq €156k
Musée de la Grande Ardenne - Piconrue
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ASBL AQUALAINE
BE 0465.043.041
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Erfpunt
BE 0860.274.885
Sint-Niklaas · Eq €141k
Of 275 companies in sector 91220 we hold annual accounts for 107. 76 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
91220Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.