H & C
H & C has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.27M and a net result of €270k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €1.27M |
| Net result | €270k |
| Staff (FTE) | 4 |
| Better than sector | 94% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.5% | 44.0% | |
| Net result | €270k | €30k | |
| Equity | €1.27M | €276k | |
| Gross operating margin | €644k | €275k | |
| Staff costs | €277k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €361k | €158k | €191k | €78k | €116k |
| Net profit | €270k | €146k | €125k | €55k | €75k |
| Cash flow | €291k | €167k | €143k | €71k | €99k |
| Staff costs | €277k | €270k | €263k | €236k | €235k |
| Income taxes | €112k | €53k | €56k | €20k | €32k |
| Dividends | €0 | €140k | €0 | €80k | €174k |
| Total assets | €1.42M | €1.19M | €1.16M | €1.02M | €1.04M |
| Equity | €1.27M | €1.00M | €998k | €873k | €899k |
| Debt | €149k | €187k | €160k | €150k | €137k |
| of which ≤ 1y | €139k | €165k | €126k | €103k | €77k |
| of which > 1y | €9k | €22k | €34k | €47k | €60k |
| Working capital | €1.12M | €869k | €859k | €773k | €820k |
| Employees (FTE) | 4.0 | 4.0 | 4.1 | 4.2 | 4.7 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 9.06 | 6.28 | 7.84 | 8.51 | 11.69 |
| Quick ratio | 8.62 | 5.96 | 7.72 | 8.34 | 11.69 |
| Working capital ratio | 78.9% | 72.9% | 74.2% | 75.5% | 79.1% |
| Solvency | 89.5% | 84.3% | 86.2% | 85.4% | 86.8% |
| Debt / equity | 0.12 | 0.19 | 0.16 | 0.17 | 0.15 |
| Long-term debt ratio | 0.01 | 0.02 | 0.03 | 0.05 | 0.07 |
| Interest coverage | 56.90 | 28.66 | 14.59 | 13.30 | 21.01 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 18.9% | 12.3% | 10.8% | 5.3% | 7.3% |
| ROE | 21.2% | 14.6% | 12.5% | 6.3% | 8.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.42M | €1.19M | €1.16M | €1.02M | €1.04M |
| Fixed assets | 21/28 | €160k | €158k | €174k | €147k | €140k |
| Tangible fixed assets | 22/27 | €160k | €158k | €174k | €147k | €139k |
| Financial fixed assets | 28 | €74 | €74 | €74 | €74 | €74 |
| Current assets | 29/58 | €1.26M | €1.03M | €985k | €876k | €897k |
| Stocks & contracts in progress | 3 | €61k | €53k | €16k | €18k | €0 |
| Amounts receivable within one year | 40/41 | €55k | €93k | €50k | €84k | €47k |
| Investments | 50/53 | €811k | €611k | €544k | €280k | €346k |
| Cash & bank | 54/58 | €327k | €272k | €361k | €478k | €481k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.42M | €1.19M | €1.16M | €1.02M | €1.04M |
| Equity | 10/15 | €1.27M | €1.00M | €998k | €873k | €899k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €10k | €10k |
| Reserves | 13 | €1.26M | €993k | €986k | €863k | €889k |
| Accumulated profits (losses) | 14 | €0 | €0 | €0 | €0 | €0 |
| Amounts payable | 17/49 | €149k | €187k | €160k | €150k | €137k |
| Amounts payable after one year | 17 | €9k | €22k | €34k | €47k | €60k |
| Amounts payable within one year | 42/48 | €139k | €165k | €126k | €103k | €77k |
| Trade debts payable within one year | 44 | €91k | €121k | €78k | €53k | €26k |
| Income statement | ||||||
| Gross operating margin | 9900 | €644k | €432k | €458k | €319k | €356k |
| Operating result | 9901 | €340k | €137k | €172k | €61k | €93k |
| Financial income | 75 | €48k | €67k | €22k | €19k | €20k |
| Financial charges | 65 | €6k | €6k | €13k | €6k | €6k |
| Result before taxes | 9903 | €382k | €199k | €180k | €74k | €108k |
| Income taxes | 67/77 | €112k | €53k | €56k | €20k | €32k |
| Net result for the period | 9904 | €270k | €146k | €125k | €55k | €75k |
| Result to be appropriated | 9905 | €270k | €146k | €125k | €55k | €75k |
| NACE primary | Installation of electric heating, air conditioning, cooling and ventilation(43222) |
| Legal form | Private limited company(610) |
| Incorporation | 17-10-1997 |
| Status | Active |
| Postal code | 9200 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0728/00M000 | Flanders | 1,034 m² | 1 · 217 m² | 7.1 m · 1 fl. |
| 42016B0586/00K002 | Flanders | 255 m² | 1 · 109 m² | 9.7 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2023 Change of permanent representative
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "HEYVAERT Frankie Raphael Madeleine",
"address": "9200 Dendermonde (Oudegem), Oude Baan 47",
"birth_date": "1966-02-01",
"profession": null,
"birth_place": "Dendermonde"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "niet_statutair",
"compensated": true,
"effective_date": null,
"evidence_quote": "",
"decharge_status": "pending_next_agm",
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "De Meester Luc",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": null,
"name": "De Meester Consultants BV",
"address": "9200 Dendermonde, Heirbaan 28",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "correction",
"role": null,
"person": null,
"reason": null,
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Henri Van den Bossche",
"firm_city": null,
"firm_name": null,
"office_city": "Buggenhout",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-28",
"filing_date": "2023-12-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-08",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0461.698.620",
"name_full": "H \u0026 C",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift van de akte inhoudende volledig nieuwe statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | H & C |