Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HERO PROJECTS from Antwerpen, company number BE0603996036, closed financial year 2025 with a result of € 367 after tax. For that financial year HERO PROJECTS recorded a gross margin of € 932 and equity of € -62,202. Compared with financial year 2024, the result moved from € -2,623 to € 367. Profitable, and profit is growing. 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 April 9, 2026.
€ -62,202
▲ € 367 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 367
▲ still € 2,623 loss in 2024
Profit after tax over the fiscal year.
€ 842
▲ € 687 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -142,202.
Debts at end 2025
€ 58,628
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 5,099
▲ € 4,766 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,614 | € 2,278 | € -1,310 | € 932 | ▲ € 2,243 |
| Profit after taxes | € 5,450 | € -651 | € -2,623 | € 367 | ▲ € 2,990 |
| Equity | € -59,295 | € -59,946 | € -62,569 | € -62,202 | ▲ € 367 |
| Total debts | € 66,161 | € 63,524 | € 64,307 | € 63,727 | ▼ 1% |
| Cash | € 982 | € 24 | € 155 | € 842 | ▲ € 687 |
| Retained profit | € -139,295 | € -139,946 | € -142,569 | € -142,202 | |
| Bank debt | € 26,500 | € 37,500 | € 48,108 | € 58,628 | ▲ 22% |
| Balance sheet total | € 6,865 | € 3,577 | € 1,737 | € 1,524 | ▼ 12% |
Key figures of HERO PROJECTS, 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 HERO PROJECTS?
What happened at HERO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 367. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,450 profit in 2022 to € 367 profit in 2025.
Paid € 1,089 in corporate taxes since 2022.
Best year ever: 2022, with € 5,450 profit.
Management
Behind HERO PROJECTS are Isabelle Wouters and Olivier Reyniers. The same people are also behind NE.ST. Isabelle Wouters is also behind W.L. INVEST, A.R.W., W. FASHION 2000, W.L. IMMO and ARW RETAIL MOD.
Directors
According to the 2025 annual accounts
Isabelle Wouters
Director
Also active at: W.L. INVEST, A.R.W., NE.ST, W. FASHION 2000, W.L. IMMO, ARW RETAIL MOD, BACKYARD 52, KAASRUI 7 +2 more
Establishments
Establishment units
Physical locations of this company
Serigiersstraat 25
2020 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0603.996.036
- VAT number
- BE 0603.996.036
- Registered office
- Serigiersstraat 25, 2020 Antwerpen
- Names & denominations
- HERO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2015
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings