HEYPARC
ActiveSummary
The computed 12-month bankruptcy probability of HEYPARC is 2.0% (moderate). The 2024 annual accounts show equity of €57k and a net result of €-36k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 2935 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▲+11
Solvency35▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 0.69 in 2023; short-term debt: 89.5% and cash: 11.1% of total assets), and 89.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2024Solvency, return and age of the figures
Solvency
10.5%
Return on assets
-6.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-36k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
230 d late
2022
156 d late
2021
82 d late
2020
90 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€57k▼ 38.6%
2023 · €93k
2018: €186k
2019: €172k
2020: €42k
2021: €209k
2022: €170k
2023: €93k
2018 → 2024
Total assets
€543k▼ 14.4%
2023 · €634k
2018: €627k
2019: €856k
2020: €789k
2021: €854k
2022: €697k
2023: €634k
2018 → 2024
Net result
€-36k▲ 53.5%
2023 · €-77k
2018: €125k
2019: €-15k
2020: €-129k
2021: €166k
2022: €-39k
2023: €-77k
2018 → 2024
Working capital
€-143k▲ 12.8%
2023 · €-163k
2018: €50k
2019: €-255k
2020: €-351k
2021: €-125k
2022: €-143k
2023: €-163k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€209k▲ 393%€170k▼ 18.7%€93k▼ 45.3%€57k▼ 38.6%
Operating result€-112k-€182k€-24k€-58k▼ 142%€-20k▲ 65.6%
Net result€-129k-€166k€-39k€-77k▼ 97.5%€-36k▲ 53.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2024 against €58k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €543k
Fixed assets
€200k ▼ 25.7%
Current assets
€343k ▼ 6.0%
Equity and liabilities €543k
Equity
€57k ▼ 38.6%
Debt
€486k ▼ 10.2%
Debt's share of the balance-sheet total rises from 85.4% to 89.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€52k▲
2023 · €35k
Cash flow
€36k▲
2023 · €16k
Current ratio
0.71▲
2023 · 0.69
Quick ratio
0.66▲
2023 · 0.64
Debt to equity
8.53▲
2023 · 5.84
ROE
-62.8%▲
2023 · -83.0%
ROA
-6.6%▲
2023 · -12.1%
Interest coverage
2.15▲
2023 · 1.55
Debt ≤ 1 year
€486k▼
2023 · €528k
Debt > 1 year
€0▼
2023 · €12k
Staff costs
€578k▼
2023 · €588k
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 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€634k€543k▼
Fixed assets21/28€269k€200k▼
Intangible fixed assets21€84k€67k▼
Tangible fixed assets22/27€185k€132k▼
Plant, machinery and equipment23€18k€9k▼
Furniture and vehicles24€12k€3k▼
Other tangible fixed assets26€155k€120k▼
Financial fixed assets28-€225
Current assets29/58€365k€343k▼
Amounts receivable after more than one year29€164k€164k=
Other amounts receivable291€164k€164k=
Stocks and contracts in progress3€25k€22k▼
Stocks30/36€25k€22k▼
Amounts receivable within one year40/41€38k€57k▲
Trade receivables40€21k€39k▲
Other amounts receivable41€17k€19k▲
Cash at bank and in hand54/58€101k€60k▼
Deferred charges and accrued income490/1€37k€39k▲
Equity and liabilities
Total equity and liabilities10/49€634k€543k▼
Equity10/15€93k€57k▼
Contributions10/11€19k€19k=
Reserves13€166k€166k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€164k€166k▲
Profit (loss) carried forward14€-92k€-128k▼
Amounts payable17/49€541k€486k▼
Amounts payable after more than one year17€12k€0▼
Financial debts170/4€12k€0▼
Amounts payable within one year42/48€528k€486k▼
Current portion of amounts payable after more than one year42€338k€269k▼
Financial debts43€38€41▲
Credit institutions430/8€38€41▲
Trade debts44€100k€107k▲
Suppliers440/4€100k€107k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€71k€64k▼
Taxes450/3€11k€10k▼
Remuneration and social security454/9€60k€55k▼
Other amounts payable47/48€19k€45k▲
Accrued charges and deferred income492/3€210€55▼
Income statement
Code20232024
Remuneration, social security and pensions62€588k€578k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€72k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€626k€631k▲
Operating profit (loss)9901€-58k€-20k▲
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€23k€24k▲
Recurring financial charges65€23k€24k▲
Profit (loss) for the period before taxes9903€-77k€-36k▲
Profit (loss) for the period9904€-77k€-36k▲
Profit (loss) for the period to be appropriated9905€-77k€-36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-92k€-128k▼
Profit (loss) brought forward from the previous period14P€-15k€-92k▼
Social balance
Average headcount (FTE)908713.112.2▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 148 days late
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 230 days late
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 156 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 82 days late
2021
31-12
Financial
Back to profitnet €166k
Net result €166k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €209k ▲393%
Equity rises from €42k to €209k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-129k
Net result drops to €-129k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 141 days late
2017
06-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 67 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Wijnegem · 1 establishment unit since 2019
Ground area
1,878 m²
Building footprint
400 m²
Volume, LiDAR
1,214 m³
Parcel 11050B0329/00V003, Flanders · tallest building 12.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Ago's Ristorante
since 20192.295.801.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0329/00V003 | Flanders | 1,878 m² | 1 · 400 m² | 12.9 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWijnegem2.295.801.443
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,876 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
Founded12-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.