ANHEWO
ActiveSummary
ANHEWO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,874 and a net result of €5,320. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 17% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+21
Solvency41=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.4 in 2024; short-term debt: 61.2% and cash: 8.3% of total assets), and 83.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7967 sector peers (2025).
NBB · sector comparisonPosition among 7967 sector peers
Solvency
better than 17%
← weakest
strongest →
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 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
4 d early
2022
32 d early
2021
27 d early
2020
18 d late
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 27 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€152,874▲ 3.6%
2024 · €147,553
Total assets
€942,435▲ 0.4%
2024 · €938,699
Net result
€5,320
2024 · -€14,743
Working capital
€231,312▲ 1.7%
2024 · €227,526
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€13,788€47,145€5,199▼ 89.0%€5,970▲ 14.8%€23,705▲ 297%
Net result-€19,648below the sector's middle half€29,713within the sector's middle half€1,547below the sector's middle half▼ 94.8%-€14,743below the sector's middle half€5,320within the sector's middle half
Equity€131,036within the sector's middle half▼ 13.0%€160,749within the sector's middle half▲ 22.7%€162,296within the sector's middle half▲ 1.0%€147,553within the sector's middle half▼ 9.1%€152,874within the sector's middle half▲ 3.6%
Total assets€654,976within the sector's middle half▼ 11.4%€839,349within the sector's middle half▲ 28.1%€1.1mwithin the sector's middle half▲ 27.9%€938,699within the sector's middle half▼ 12.6%€942,435within the sector's middle half▲ 0.4%
Debt€523,941▼ 11.0%€678,600▲ 29.5%€911,560▲ 34.3%€791,146▼ 13.2%€789,561▼ 0.2%
Working capital€212,662within the sector's middle half▼ 2.3%€244,479within the sector's middle half▲ 15.0%€252,914within the sector's middle half▲ 3.5%€227,526within the sector's middle half▼ 10.0%€231,312within the sector's middle half▲ 1.7%
Solvency20.0%below the sector's middle half▼ 0.4pp19.2%below the sector's middle half▼ 0.9pp15.1%below the sector's middle half▼ 4.0pp15.7%below the sector's middle half▲ 0.6pp16.2%below the sector's middle half▲ 0.5pp
Current ratio1.63within the sector's middle half▲ 0.101.47within the sector's middle half▼ 0.161.38within the sector's middle half▼ 0.101.40within the sector's middle half▲ 0.021.40within the sector's middle half=
Return on assets (ROA)-3.0%below the sector's middle half▼ 9.7pp3.5%within the sector's middle half▲ 6.5pp0.1%below the sector's middle half▼ 3.4pp-1.6%below the sector's middle half▼ 1.7pp0.6%within the sector's middle half▲ 2.1pp
Staff (FTE)12.3above the sector's middle half▲ 32.3%12.6above the sector's middle half▲ 2.4%7.6within the sector's middle half▼ 39.7%5.6within the sector's middle half▼ 26.3%5.6within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 297% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942,435
Fixed assets
€133,992 ▼ 8.4%
Current assets
€808,442 ▲ 2.0%
Equity and liabilities €942,435
Equity
€152,874 ▲ 3.6%
Debt
€789,561 ▼ 0.2%
Debt's share of the balance-sheet total falls from 84.3% to 83.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56,008▲
2024 · €22,824
Cash flow
€37,624▲
2024 · €2,111
Quick ratio
0.49▲
2024 · 0.45
Debt to equity
5.16▼
2024 · 5.36
ROE
3.5%▲
2024 · -10.0%
Interest coverage
3.19▲
2024 · 1.03
Debt ≤ 1 year
€577,131▲
2024 · €564,965
Debt > 1 year
€212,430▼
2024 · €226,181
Income taxes
€1,055▲
2024 · €521
Staff costs
€170,497▼
2024 · €229,637
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €370,469 | €425,479 | €229,637 | €170,497 | ▼ 25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,771 | €53,327 | €28,131 | €16,854 | €32,304 | ▲ 91.7% |
| Other operating charges640/8 | - | €6,951 | €6,042 | €4,361 | €4,475 | ▲ 2.6% |
| Gross operating margin9900 | €397,966 | €477,892 | €464,850 | €256,821 | €230,981 | ▼ 10.1% |
| Operating profit (loss)9901 | -€13,788 | €47,145 | €5,199 | €5,970 | €23,705 | ▲ 297% |
| Financial income75/76B | - | €2,007 | €3,853 | €2,070 | €229 | ▼ 89.0% |
| Recurring financial income75 | €1,695 | €2,007 | €3,853 | €2,070 | €229 | ▼ 89.0% |
| Financial charges65/66B | - | €7,652 | €6,359 | €22,262 | €17,558 | ▼ 21.1% |
| Recurring financial charges65 | €12,237 | €7,652 | €6,359 | €22,262 | €17,558 | ▼ 21.1% |
| Profit (loss) for the period before taxes9903 | -€24,435 | €41,500 | €2,693 | -€14,222 | €6,376 | ▲ 145% |
| Income taxes67/77 | -€4,788 | €11,787 | €1,146 | €521 | €1,055 | ▲ 103% |
| Profit (loss) for the period9904 | -€19,648 | €29,713 | €1,547 | -€14,743 | €5,320 | ▲ 136% |
| Profit (loss) for the period to be appropriated9905 | -€19,648 | €29,713 | €1,547 | -€14,743 | €5,320 | ▲ 136% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €654,976 | €839,349 | €1.1m | €938,699 | €942,435 | ▲ 0.4% |
| Fixed assets21/28 | €105,454 | €80,120 | €154,059 | €146,208 | €133,992 | ▼ 8.4% |
| Tangible fixed assets22/27 | €105,174 | €79,840 | €153,779 | €145,928 | €133,712 | ▼ 8.4% |
| Land and buildings22 | - | €15,207 | €12,654 | €10,135 | €7,615 | ▼ 24.9% |
| Plant, machinery and equipment23 | - | €37,558 | €26,001 | €23,482 | €35,642 | ▲ 51.8% |
| Furniture and vehicles24 | - | €27,074 | €115,124 | €112,311 | €90,456 | ▼ 19.5% |
| Financial fixed assets28 | €280 | €280 | €280 | €280 | €280 | = |
| Current assets29/58 | €549,523 | €759,229 | €919,797 | €792,491 | €808,442 | ▲ 2.0% |
| Stocks and contracts in progress3 | €172,879 | €280,274 | €461,117 | €539,626 | €527,596 | ▼ 2.2% |
| Stocks30/36 | - | €149,500 | €299,395 | €428,000 | €378,502 | ▼ 11.6% |
| Contracts in progress37 | - | €130,774 | €161,722 | €111,626 | €149,095 | ▲ 33.6% |
| Amounts receivable within one year40/41 | €253,007 | €347,150 | €376,602 | €248,287 | €200,288 | ▼ 19.3% |
| Trade receivables40 | - | €320,398 | €353,396 | €122,261 | €175,133 | ▲ 43.2% |
| Other amounts receivable41 | - | €26,752 | €23,206 | €126,026 | €25,155 | ▼ 80.0% |
| Cash at bank and in hand54/58 | €45,202 | €130,355 | €75,233 | €2,484 | €77,894 | ▲ 3,036% |
| Deferred charges and accrued income490/1 | - | €1,450 | €6,846 | €2,094 | €2,664 | ▲ 27.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €654,976 | €839,349 | €1.1m | €938,699 | €942,435 | ▲ 0.4% |
| Equity10/15 | €131,036 | €160,749 | €162,296 | €147,553 | €152,874 | ▲ 3.6% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €106,695 | €142,199 | €143,746 | €129,003 | €134,324 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | €1,855 | €1,855 | - | - | - |
| Reserves not available under the articles1311 | - | €1,855 | €1,855 | - | - | - |
| Distributable reserves133 | - | €140,344 | €141,891 | €129,003 | €134,324 | ▲ 4.1% |
| Profit (loss) carried forward14 | €5,791 | - | - | - | - | - |
| Amounts payable17/49 | €523,941 | €678,600 | €911,560 | €791,146 | €789,561 | ▼ 0.2% |
| Amounts payable after more than one year17 | €187,080 | €163,850 | €244,677 | €226,181 | €212,430 | ▼ 6.1% |
| Financial debts170/4 | - | €163,850 | €244,677 | €226,181 | €212,430 | ▼ 6.1% |
| Amounts payable within one year42/48 | €336,861 | €514,750 | €666,883 | €564,965 | €577,131 | ▲ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €17,328 | €20,174 | €18,496 | €13,750 | ▼ 25.7% |
| Financial debts43 | - | €100,000 | €100,000 | €85,312 | €100,000 | ▲ 17.2% |
| Credit institutions430/8 | - | €100,000 | €100,000 | €85,312 | €100,000 | ▲ 17.2% |
| Trade debts44 | €224,792 | €313,778 | €423,524 | €238,973 | €183,873 | ▼ 23.1% |
| Suppliers440/4 | - | €313,778 | €423,524 | €238,973 | €183,873 | ▼ 23.1% |
| Taxes, remuneration and social security45 | - | €18,505 | €27,843 | €18,919 | €17,782 | ▼ 6.0% |
| Taxes450/3 | - | €11,787 | €3,017 | €6,625 | €1,872 | ▼ 71.7% |
| Remuneration and social security454/9 | - | €6,719 | €24,826 | €12,294 | €15,911 | ▲ 29.4% |
| Other amounts payable47/48 | - | €65,138 | €95,342 | €203,266 | €261,725 | ▲ 28.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,648 | €29,713 | €1,547 | -€14,743 | €5,320 | ▲ 136% |
| + Depreciation and write-downs630 | €52,771 | €53,327 | €28,131 | €16,854 | €32,304 | ▲ 91.7% |
| Operating cash flow (approximation) | €33,123 | €83,041 | €29,678 | €2,111 | €37,624 | ▲ 1,682% |
| Investment in fixed assets (approximation) | - | -€27,994 | -€102,070 | -€9,003 | -€20,089 | ▼ 123% |
| Change in cash | - | €85,154 | -€55,123 | -€72,749 | €75,410 | ▲ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €5,320
Net result €5,320 after one loss-making year.
31-03
Financial
Equity above €150,000Eq €152,874 ▲3.6%
Equity rises from €147,553 to €152,874.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €29,713
Net result €29,713 after one loss-making year.
31-03
Financial
Equity above €150,000Eq €160,749 ▲22.7%
Equity rises from €131,036 to €160,749.
2021
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€19,648
Net result drops to -€19,648, the lowest in the series; recovery starts the following year.
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
31-03
Financial
Highest result since 2019net €49,352 ▲179%
Operating result €90,510, net result €49,352, both a record.
Show earlier events
31-03
Financial
Equity above €150,000Eq €150,683 ▲48.7%
2 profitable years in a row build equity to €150,683.
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2004
Ground area
905 m²
Building footprint
236 m²
Volume, LiDAR
1,456 m³
Parcel 41027B0532/00H000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ANHEWO
since 20042.144.194.106
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41027B0532/00H000 | Flanders | 905 m² | 1 · 236 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 16,557 EUR awarded · 16,557 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 295 EUR | 295 EUR |
| 2023 | 2 | 8,503 EUR | 8,584 EUR |
| 2022 | 2 | 7,759 EUR | 7,678 EUR |
Recognitions · licences · registrations
Dual-learning approval
2 endedMachinaal houtbewerker (so)
Machinaal houtbewerker duaal (so)
Similar companies · same sector, comparable size
SPELIERS
BE 0891.923.710
Lennik · Eq €152,898
AERTS
BE 0537.922.804
Ninove · Eq €152,939
DIRK VAN AUTRYVE
BE 0461.937.952
Deinze · Eq €152,987
RE CONSTRUCT
BE 0888.594.531
Heist-op-den-Berg · Eq €152,751
DS KEUKENS
BE 0676.380.208
Londerzeel · Eq €152,717
Of 20,017 companies in this sector we hold annual accounts for 9,142. 7,619 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-12-2004
Fiscal year end31-03
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870330520
Registered
26-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.