HEY BELGIUM
ActiveSummary
The computed 12-month bankruptcy probability of HEY BELGIUM is 1.6% (moderate). The 2025 annual accounts show equity of €129k and a net result of €-12k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 254 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-39
Solvency100▲+37
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 10.04 against 1.62 in 2024; short-term debt: 10% and cash: 0% of total assets), and 10.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 79
Relative position
BE, all sectors
reference
Sector 79
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.3%
Return on assets
-8.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
13 d late
2023
28 d late
2022
18 d early
2021
44 d early
2020
1 d early
2019
9 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€129k▼ 8.7%
2024 · €141k
2019: €32k
2020: €54k
2021: €181k
2022: €82k
2023: €115k
2024: €141k
2019 → 2025
Total assets
€144k▼ 60.7%
2024 · €366k
2019: €267k
2020: €291k
2021: €422k
2022: €106k
2023: €167k
2024: €366k
2019 → 2025
Net result
€-12k
2024 · €26k
2019: €2k
2020: €1k
2021: €128k
2022: €9k
2023: €32k
2024: €26k
2019 → 2025
Working capital
€130k▼ 7.9%
2024 · €141k
2019: €13k
2020: €115k
2021: €181k
2022: €82k
2023: €115k
2024: €141k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€181k-€82k▼ 54.5%€115k▲ 39.3%€141k▲ 22.5%€129k▼ 8.7%
Operating result€154k-€8k▼ 94.8%€35k▲ 336%€38k▲ 9.8%€-12k
Net result€128k-€9k▼ 93.1%€32k▲ 268%€26k▼ 20.3%€-12k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €38k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €144k
Equity
€129k ▼ 8.7%
Debt
€15k ▼ 93.2%
Debt's share of the balance-sheet total falls from 61.6% to 10.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
10.04▲
2024 · 1.62
Debt to equity
0.12▼
2024 · 1.60
ROE
-9.5%▼
2024 · 18.4%
ROA
-8.5%▼
2024 · 7.1%
Debt ≤ 1 year
€14k▼
2024 · €225k
Income taxes
€0▼
2024 · €11k
Staff costs
€28k▼
2024 · €58k
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 · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€366k€144k▼
Current assets29/58€366k€144k▼
Amounts receivable within one year40/41€344k€143k▼
Trade receivables40€47k€0▼
Other amounts receivable41€296k€143k▼
Cash at bank and in hand54/58€22k€0▼
Deferred charges and accrued income490/1€416€1k▲
Equity and liabilities
Total equity and liabilities10/49€366k€144k▼
Equity10/15€141k€129k▼
Contributions10/11€50k€50k=
Reserves13€91k€91k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€88k€88k=
Profit (loss) carried forward14€0€-12k▼
Amounts payable17/49€225k€15k▼
Amounts payable within one year42/48€225k€14k▼
Trade debts44€17k€14k▼
Suppliers440/4€17k€14k▼
Taxes, remuneration and social security45€78k€0▼
Taxes450/3€61k€0▼
Remuneration and social security454/9€16k€0▼
Other amounts payable47/48€131k€420▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€58k€28k▼
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€99k€21k▼
Operating profit (loss)9901€38k€-12k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€37k€-12k▼
Income taxes67/77€11k€0▼
Profit (loss) for the period9904€26k€-12k▼
Profit (loss) for the period to be appropriated9905€26k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-12k▼
Transfer to equity691/2€26k€0▼
To the legal reserve6920€26k€0▼
To other reserves6921€0-
Social balance
Average headcount (FTE)90871.00.0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-12k ▼147%
Net result drops to €-12k, the lowest in the series.
31-03
Financial
Liquidity times 6current ratio 10.04
Current ratio from 1.62 to 10.04; short-term debt falls from €225k to €14k.
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
31-03
Financial
Equity above €100kEq €115k ▲39.3%
5 profitable years in a row build equity to €115k.
2022
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 4.43
Current ratio from 1.75 to 4.43; short-term debt falls from €241k to €24k.
2021
17-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €128k ▲10163%
Operating result €154k, net result €128k, both a record.
31-03
Financial
Equity above €150kEq €181k ▲239%
3 profitable years in a row build equity to €181k.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 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.
Boombekelaan 182660 AntwerpenGround area
2.4 ha
Building footprint
4,380 m²
Volume, LiDAR
35,641 m³
Parcel 11382A0404/00H000, Flanders · tallest building 18.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hey Belgium
since 20172.269.638.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11382A0404/00H000 | Flanders | 2.4 ha | 1 · 4,380 m² | 18.2 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.
Similar companies · same sector, comparable size
GoAlacarte
BE 0661.942.054
Tremelo · Eq €128,249
COMPASS
BE 0426.871.858
Turnhout · Eq €128,888
MDW Travel
BE 0777.627.323
Aartselaar · Eq €128,999
Mali Media Group
BE 0875.757.867
Nazareth-De Pinte · Eq €127,556
FULL TIME SERVICE
BE 0449.708.628
Orp-Jauche · Eq €129,818
Of 1,437 companies in sector 79110 we hold annual accounts for 880. 752 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
Founded03-11-2017
Fiscal year end31-03
Activities, NACEBEL 2025
79110Travel agency activities
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:peter@antwerpboulevard.be
Phone:485 755 901