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Herox

Active
Private limited companyfounded 2019active for 6 yearsMoederhoefstraat 157, 2547 Lint, BelgiumKBO/BCE: BE 0737.392.911
Summary

The computed 12-month bankruptcy probability of Herox is 3.0% (moderate). The 2024 annual accounts show negative equity (-€3,124) and a net result of -€5,158. Equity is shrinking by about 59% per year across the filed financial years. Its solvency ranks better than 10% of 167 sector peers (NACE 20, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of chemicals and chemical products
NACE 20420
1 site
Size
€1,952total assets 2024
Equity
-€3,124
Loss
-€5,158
Turnover not published (micro format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Largest shareholder
AMSC Trading · 20%
Accounts 82 days overdue1 of 2 deeds read
Why 49raises riskFigures for financial year 2024 (filed 07-07-2025)Founded in 2019lowers riskSize: total assets €1,952Liquidity: current ratio 0.42, cash €905Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 20, micro)
Financial strength · tick = 2023
Weak
Solvency 0-100
equity -160.0% of total assets
Liquidity 50-47
short-term debt 238.2% · cash 46.4%
Profitability 0=
return on assets -264.2%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (356 companies, NACE 20, micro)
Last 24 months 11-2024: 1.0% 12-2024: 0.9%▼ -0.1 percentage points vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025lowest value 03-2025: 0.9%● unchanged vs 02-2025lowest value 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.2 percentage points vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 1.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.1%▲ +0.2 percentage points vs 06-2026 08-2026: 1.5%▼ -0.6 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 3.0%▲ +1.3 percentage points vs 09-2026highest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 20, micro): better than 9% on solvency, 51% on liquidity, 11% on profitability and 4% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 07-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €1,952
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.42, cash €905
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€3,124
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
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 07-07-2025, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
24 days early
2023
30 days early
2022
10 days early
2021
33 days early
2020
8 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 21 days before the deadline; the sector median (NACE 20) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Weakest financial yearnet -€5,158
  3. Resignation: Bart Rosius (director)Appointment: Alexis Mc Cubbin (director)…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€3,124 View
  • Risk: 5 loss-making years in a rowloss financial year 2024 -€5,158 View
  • Caution: Among the weakest 10% on solvencysector median 25.9% · 167 companies -160.0% View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View

By topic

Financials

Financial year
2024
Total assets
€1,952
Loss
-€5,158
Solvency
-160.0%
Total assets▼ 10.2%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 01-07-2024Annual accounts filed
  2. 21-07-2023Annual accounts filed
  3. 28-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of chemicals and chemical productsNACE 20420
Founded
05-11-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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