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.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Hemi from Zelzate, company number BE0455540011, closed financial year 2025 with a result of € -3,200 after tax. For that financial year Hemi recorded a gross margin of € 35,885 and equity of € -120,597. Compared with financial year 2024, the result moved from € 19,081 to € -3,200. 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 June 23, 2026.
€ -120,597
▼ € 3,200 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,200
▼ still € 19,081 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -139,189.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,041
▼ 74% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,249
▲ 23% vs 2024
€ 9,868 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 17,297
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,059
▲ € 4,727 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -70,273 | € -40,039 | € 36,744 | € 35,885 | ▼ 2% |
| Profit after taxes | € -87,537 | € -65,451 | € 19,081 | € -3,200 | ▼ € 22,281 |
| Equity | € -71,027 | € -136,478 | € -117,397 | € -120,597 | ▼ € 3,200 |
| Total debts | € 278,706 | € 223,606 | € 217,243 | € 219,923 | ▲ 1% |
| Cash | - | € 21,438 | € 36,400 | - | |
| Retained profit | € -89,619 | € -155,070 | € -135,989 | € -139,189 | ▼ € 3,200 |
| Bank debt | € 55,866 | € 31,643 | € 22,076 | € 27,249 | ▲ 23% |
| Balance sheet total | € 207,679 | € 87,128 | € 99,845 | € 99,326 | ▼ 1% |
Key figures of Hemi, 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 Hemi?
What happened at Hemi in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,200 (▼ € 22,281 vs 2024). Source: NBB ↗
- New establishment in Zelzate. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,537 loss in 2022 to € 3,200 loss in 2025.
Best year ever: 2024, with € 19,081 profit.
Management
Behind Hemi is Mikhael Hertschap.
Directors
According to the 2025 annual accounts
Mikhael Hertschap
Director
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 90
9060 Zelzate
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.540.011
- VAT number
- BE 0455.540.011
- Registered office
- Kasteelstraat 90, 9060 Zelzate
- Names & denominations
- Hemi
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 1995
- Peppol
- Active · Active since 13 Jan 2025
- Activities · NACE
Schrijnwerk
Verhuur van overige transportmiddelen voor vervoer te land
Overige bouwinstallatie
Groothandel in andere machines en werktuigen, neg
Verhuur en lease van vrachtwagens
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Overige bouwinstallatie, n.e.g.
Groothandel in andere machines en werktuigen, n.e.g.