Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HEMAR from Gent, company number BE0449408918, closed financial year 2025 with a result of € -34,118 after tax. For that financial year HEMAR recorded a gross margin of € -10,846 and equity of € -309,853. Compared with financial year 2024, the result moved from € -6,847 to € -34,118. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2026.
€ -309,853
▼ € 34,118 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,118
▼ 398 % more loss than in 2024
Profit after tax over the fiscal year.
€ 360
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -371,853.
Debts at end 2025
€ 192,073
▲ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 3,010
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 629
▲ € 627 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,337 | € -32,990 | € -3,916 | € -10,846 | ▼ € 6,930 |
| Profit after taxes | € -33,718 | € -47,532 | € -6,847 | € -34,118 | ▼ € 27,271 |
| Equity | € -221,355 | € -268,887 | € -275,734 | € -309,853 | ▼ € 34,118 |
| Total debts | € 354,147 | € 329,355 | € 317,878 | € 321,888 | ▲ 1% |
| Cash | € 31,637 | € 4,311 | € 1,289 | € 360 | ▼ 72% |
| Retained profit | € -283,355 | € -330,887 | € -337,734 | € -371,853 | ▼ € 34,118 |
| Bank debt | € 167,000 | € 167,000 | € 167,000 | € 192,073 | ▲ 15% |
| Balance sheet total | € 132,792 | € 60,468 | € 42,143 | € 12,035 | ▼ 71% |
Key figures of HEMAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HEMAR?
What happened at HEMAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Louis VAN LAETHEM stepped down as director. NBB
- Fréderic VAN LAETHEM stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 34,118. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 33,718 loss in 2022 to € 34,118 loss in 2025.
Management
Directors
According to the 2025 annual accounts
Louis VAN LAETHEM
Director
· until 2029
· until 2029
Establishments
Establishment units
Physical locations of this company
Bagattenstraat 77 box B
9000 Gent
Bagattenstraat 77 B
9000 Gent
Active since 25 May 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.408.918
- VAT number
- BE 0449.408.918
- Registered office
- Bagattenstraat 77 bus B, 9000 Gent
- Names & denominations
- HEMAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 1993
- Peppol
- Not registered
- Activities · NACE
Groothandel in foto- en filmapparatuur en in andere optische artikelen
Groothandel in foto- en filmapparatuur en in overige optische artikelen