HETPALEIS
ActiveSummary
HETPALEIS has the legal form “Public-utility foundation” in the KBO. Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show equity of €1.7m and a net result of -€638,139. Equity has been growing by about 9.4% per year since 2018. Its solvency ranks better than 51% of 642 sector peers (NACE 90, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 07-10-1997 Normal situation
- Activity
- Arts creation and performing arts activities NACE 90311and 2 others
- Joint committees
- 302 Paritair Comité voor het hotelbedrijf
- 304 Paritair Comité voor het vermakelijkheidsbedrijf · annual accounts 2025
- Establishment unit
- 2.172.150.692 2000 Antwerpen, since 01-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 04-03-2025
Board and ownership
- Auditor
- HLB Dodémont Van Impe
Financial position
Bankruptcy probability: legal form outside the model
Annual accounts 2025
- Gross margin
- €4.6m
- ▲ 4.2%
- Turnover
- ≈ €8.0m
- estimated
- Deficit
- €638,139
- ▲ 141%
- Equity
- €1.7m
- ▼ 27.6%
- Total assets
- €3.8m
- ▼ 8.8%
- Employees on 31-12-2025
- 128
- ▲ 23.1%
Filed on 28-04-2026, 94 days before the deadline
Signalsraises riskPersistent lossesneutralLatest accounts filed on timeShow the evidence
Checked score
Score 2025
33
/ 100
Weak▼ -10 on 2024
Without a bankruptcy probability, the score rests on the figures alone.
Financial strength · tick: 2024
Weak
Solvency
68-12
equity 43.3% of total assets
Liquidity
45-8
short-term debt 39.6% · cash 10.7%
Profitability
0-11
return on assets -16.6%
Bankruptcy probability within 12 months
For a Public-utility foundation there is no bankruptcy probability. The model is built on companies and gives no reliable figure for associations and foundations.
Credit of up to €55,000 on 30-day terms, only on tighter conditions: weak financial health in the latest filing
Liquidity is ample, with a current ratio of 1.61 (2.23 in 2024), above the usual 1.5. Short-term debt is 39.6% and cash 10.7% of total assets. However, 56.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€638,139
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 days early
2024
42 days early
2023
104 days early
2022
137 days early
2021
122 days early
2020
102 days early
2019
115 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 102 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 19 April (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Result fell in 2025from -€264,941 to -€638,139 ▼ 141% View
- Caution: Lower net result than 95% of companies in creative and performing artssector median €12,387 · 645 companies -€638,139 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€638,139 View
- Flemish supportawarded from 2022 to 2025 €7.8m View
- A director leftlatest change 02-12-2025 · 16 in office 1 left View
Recent changes
- · Gazette deed Appointment: Tatjana Scheck (director)Resignation: Sanne De Clerck (adviseur)
- · Gazette deed Reappointments: HLB Dodémont Van Impe, Simon Bellens and Hubert PeetersPermanent representative: Patrick Van Impe · Resignations: Hanneleen Broeckx, Rebecca Diependaele and 5 others · Appointments: Wouter De Ceulaerde, Helena Vanden Bergh and 8 others
- · Gazette deed Amendment of the articles · Resignations & appointments
Comparable companies
These companies have the same main activity as HETPALEIS: arts creation and performing arts activities (NACE 90311). They are comparable in size and age: total assets between €2.1m and €7.4m, founded between 1975 and 1994.
| Company | Total assets | Gross margin |
|---|---|---|
| HETPALEIS Antwerpen | €3.8m | €4.6m |
| Le Public Sint-Joost-ten-Node | €3.3m | €2.8m |
| THEATRE DE LIEGE ASBL-Théâtre d'Europe Liège | €7.4m | €4.3m |
| De Spil Roeselare | €2.1m | €2.8m |
| Kaaitheater Brussel | €2.2m | €2.7m |
| Théâtre Royal du Parc Brussel | €3.2m | €1.7m |
| SPEELTEATER - KOPERGIETERY Gent | €3.1m | €1.6m |
Key facts about HETPALEIS
- What is the company number of HETPALEIS?
- The company number of HETPALEIS is 0462.144.919. The VAT number is the same number with BE in front: BE 0462.144.919.
- Where is HETPALEIS based?
- The registered office is at Meistraat 2, 2000 Antwerpen.Company details
- What does HETPALEIS do?
- According to the KBO register, the main activity is arts creation and performing arts activities (NACE 90311).
- What is the legal form of HETPALEIS?
- The legal form of HETPALEIS is Public-utility foundation.
- When was HETPALEIS founded?
- HETPALEIS was founded on 07-10-1997.
- Is HETPALEIS still active?
- Yes, HETPALEIS is an active enterprise in the KBO register.
- How many employees does HETPALEIS have?
- HETPALEIS had an average of 66.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HETPALEIS fall under?
- In its 2025 annual accounts, HETPALEIS states joint committees 302 (Paritair Comité voor het hotelbedrijf) and 304 (Paritair Comité voor het vermakelijkheidsbedrijf).
- What is the turnover of HETPALEIS?
- The turnover in financial year 2025 is ≈ €8.0m. This figure is estimated from the gross margin of €4.6m and 1,584 comparable companies of the same size. It probably lies between €5.4m and €13.0m. It is a rough estimate.
- Is HETPALEIS profitable?
- In financial year 2025, HETPALEIS made a loss of €638,139.
- Where can I find the annual accounts of HETPALEIS?
- HETPALEIS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HETPALEIS due?
- HETPALEIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.