H&E Consult
ActiveSummary
H&E Consult has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €499k and a net result of €32k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.48 against 7.45 in 2024; short-term debt: 10.3% and cash: 8.6% of total assets), and 25% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75%
Return on assets
4.8%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
21 d early
2024
14 d late
2023
23 d late
2022
28 d late
2021
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€499k▼ 3.7%
2024 · €519k
2021: €436klowest in 5 years
2022: €471k▲ +8.1% vs 2021
2023: €487k▲ +3.4% vs 2022
2024: €519k▲ +6.5% vs 2023highest in 5 years
2025: €499k▼ -3.7% vs 2024
2021 → 2025
Total assets
€666k▲ 1.4%
2024 · €657k
2021: €753khighest in 5 years
2022: €715k▼ -5.0% vs 2021
2023: €680k▼ -4.9% vs 2022
2024: €657k▼ -3.4% vs 2023lowest in 5 years
2025: €666k▲ +1.4% vs 2024
2021 → 2025
Net result
€32k▲ 1.1%
2024 · €32k
2021: €84khighest in 5 years
2022: €35k▼ -58.3% vs 2021
2023: €16k▼ -53.9% vs 2022lowest in 5 years
2024: €32k▲ +94.6% vs 2023
2025: €32k▲ +1.1% vs 2024
2021 → 2025
Working capital
€237k▼ 9.6%
2024 · €263k
2021: €191klowest in 5 years
2022: €213k▲ +11.5% vs 2021
2023: €231k▲ +8.7% vs 2022
2024: €263k▲ +13.6% vs 2023highest in 5 years
2025: €237k▼ -9.6% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€436k-€471k▲ 8.1%€487k▲ 3.4%€519k▲ 6.5%€499k▼ 3.7%
2021: €436klowest in 5 years
2022: €471k▲ +8.1% vs 2021
2023: €487k▲ +3.4% vs 2022
2024: €519k▲ +6.5% vs 2023highest in 5 years
2025: €499k▼ -3.7% vs 2024
Operating result€119k-€51k▼ 57.0%€29k▼ 44.2%€49k▲ 69.9%€77k▲ 57.9%
2021: €119khighest in 5 years
2022: €51k▼ -57.0% vs 2021
2023: €29k▼ -44.2% vs 2022lowest in 5 years
2024: €49k▲ +69.9% vs 2023
2025: €77k▲ +57.9% vs 2024
Net result€84k-€35k▼ 58.3%€16k▼ 53.9%€32k▲ 94.6%€32k▲ 1.1%
2021: €84khighest in 5 years
2022: €35k▼ -58.3% vs 2021
2023: €16k▼ -53.9% vs 2022lowest in 5 years
2024: €32k▲ +94.6% vs 2023
2025: €32k▲ +1.1% vs 2024
Turnover and EBIT margin not published: the micro 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 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €666k
Fixed assets
€360k ▲ 1.9%
Current assets
€306k ▲ 0.8%
Equity and liabilities €666k
Equity
€499k ▼ 3.7%
Debt
€167k ▲ 20.6%
Debt's share of the balance-sheet total rises from 21.0% to 25.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€96k▲
2024 · €91k
Cash flow
€52k▼
2024 · €74k
Current ratio
4.48▼
2024 · 7.45
Debt to equity
0.33▲
2024 · 0.27
ROE
6.4%▲
2024 · 6.1%
ROA
4.8%▼
2024 · 4.8%
Interest coverage
12.54▼
2024 · 30.68
Debt ≤ 1 year
€68k▲
2024 · €41k
Debt > 1 year
€98k▲
2024 · €97k
Income taxes
€46k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€657k€666k▲
Fixed assets21/28€353k€360k▲
Tangible fixed assets22/27€353k€360k▲
Land and buildings22€335k€324k▼
Plant, machinery and equipment23€345€196▼
Furniture and vehicles24€17k€35k▲
Financial fixed assets28€450€450=
Current assets29/58€303k€306k▲
Amounts receivable after more than one year29€173k€173k=
Other amounts receivable291€173k€173k=
Amounts receivable within one year40/41€93k€72k▼
Trade receivables40€4k€9k▲
Other amounts receivable41€89k€63k▼
Cash at bank and in hand54/58€32k€57k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€657k€666k▲
Equity10/15€519k€499k▼
Contributions10/11€1k€1k=
Reserves13€253k€234k▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€234k€215k▼
Profit (loss) carried forward14€265k€265k=
Amounts payable17/49€138k€167k▲
Amounts payable after more than one year17€97k€98k▲
Financial debts170/4€97k€98k▲
Amounts payable within one year42/48€41k€68k▲
Current portion of amounts payable after more than one year42€29k€27k▼
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€7k€31k▲
Taxes450/3€7k€31k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€20k▼
Other operating charges640/8€3k€6k▲
Gross operating margin9900€95k€102k▲
Operating profit (loss)9901€49k€77k▲
Financial income75/76B€3k€9k▲
Recurring financial income75€3k€9k▲
Financial charges65/66B€3k€8k▲
Recurring financial charges65€3k€8k▲
Profit (loss) for the period before taxes9903€48k€78k▲
Income taxes67/77€17k€46k▲
Profit (loss) for the period9904€32k€32k▲
Profit (loss) for the period to be appropriated9905€32k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€296k€296k▲
Profit (loss) brought forward from the previous period14P€265k€265k=
Transfer from equity791/2-€51k
Transfer to equity691/2€32k€32k▲
To other reserves6921€32k€32k▲
Profit to be distributed694/7-€51k
Return on contributions (dividend)694-€51k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €44k | €43k | €43k | €20k | ▼ 53.8% |
| Other operating charges640/8 | €8k | €3k | €3k | €3k | €6k | ▲ 65.7% |
| Gross operating margin9900 | €167k | €98k | €74k | €95k | €102k | ▲ 7.8% |
| Operating profit (loss)9901 | €119k | €51k | €29k | €49k | €77k | ▲ 57.9% |
| Financial income75/76B | €5k | €6k | €6k | €3k | €9k | ▲ 200% |
| Recurring financial income75 | €5k | €6k | €6k | €3k | €9k | ▲ 200% |
| Financial charges65/66B | €6k | €8k | €1k | €3k | €8k | ▲ 158% |
| Recurring financial charges65 | €6k | €8k | €1k | €3k | €8k | ▲ 158% |
| Profit (loss) for the period before taxes9903 | €117k | €49k | €34k | €48k | €78k | ▲ 60.0% |
| Income taxes67/77 | €33k | €14k | €18k | €17k | €46k | ▲ 169% |
| Profit (loss) for the period9904 | €84k | €35k | €16k | €32k | €32k | ▲ 1.1% |
| Transfer from tax-exempt reserves789 | €19k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €103k | €35k | €16k | €32k | €32k | ▲ 1.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €753k | €715k | €680k | €657k | €666k | ▲ 1.4% |
| Fixed assets21/28 | €474k | €431k | €394k | €353k | €360k | ▲ 1.9% |
| Tangible fixed assets22/27 | €474k | €431k | €394k | €353k | €360k | ▲ 1.9% |
| Land and buildings22 | €368k | €355k | €348k | €335k | €324k | ▼ 3.3% |
| Plant, machinery and equipment23 | €2k | €1k | €493 | €345 | €196 | ▼ 43.1% |
| Furniture and vehicles24 | €104k | €74k | €45k | €17k | €35k | ▲ 107% |
| Financial fixed assets28 | €450 | €450 | €450 | €450 | €450 | = |
| Current assets29/58 | €279k | €284k | €286k | €303k | €306k | ▲ 0.8% |
| Amounts receivable after more than one year29 | €173k | €173k | €173k | €173k | €173k | = |
| Other amounts receivable291 | €173k | €173k | €173k | €173k | €173k | = |
| Amounts receivable within one year40/41 | €57k | €51k | €74k | €93k | €72k | ▼ 22.8% |
| Trade receivables40 | €28k | €0 | €7k | €4k | €9k | ▲ 113% |
| Other amounts receivable41 | €29k | €51k | €67k | €89k | €63k | ▼ 29.4% |
| Cash at bank and in hand54/58 | €48k | €60k | €39k | €32k | €57k | ▲ 76.4% |
| Deferred charges and accrued income490/1 | €982 | €0 | - | €5k | €4k | ▼ 23.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €753k | €715k | €680k | €657k | €666k | ▲ 1.4% |
| Equity10/15 | €436k | €471k | €487k | €519k | €499k | ▼ 3.7% |
| Contributions10/11 | €1k | €1k | €1k | €1k | €1k | = |
| Reserves13 | €186k | €221k | €221k | €253k | €234k | ▼ 7.6% |
| Tax-exempt reserves132 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €168k | €203k | €203k | €234k | €215k | ▼ 8.3% |
| Profit (loss) carried forward14 | €248k | €248k | €265k | €265k | €265k | = |
| Amounts payable17/49 | €317k | €244k | €193k | €138k | €167k | ▲ 20.6% |
| Amounts payable after more than one year17 | €229k | €173k | €127k | €97k | €98k | ▲ 0.9% |
| Financial debts170/4 | €229k | €173k | €127k | €97k | €98k | ▲ 0.9% |
| Amounts payable within one year42/48 | €88k | €71k | €54k | €41k | €68k | ▲ 67.8% |
| Current portion of amounts payable after more than one year42 | €67k | €59k | €46k | €29k | €27k | ▼ 8.0% |
| Trade debts44 | €4k | €162 | €95 | €4k | €10k | ▲ 133% |
| Suppliers440/4 | €4k | €162 | €95 | €4k | €10k | ▲ 133% |
| Taxes, remuneration and social security45 | €17k | €12k | €8k | €7k | €31k | ▲ 333% |
| Taxes450/3 | €17k | €12k | €8k | €7k | €31k | ▲ 333% |
| Accrued charges and deferred income492/3 | - | - | €11k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84k | €35k | €16k | €32k | €32k | ▲ 1.1% |
| + Depreciation and write-downs630 | €40k | €44k | €43k | €43k | €20k | ▼ 53.8% |
| Operating cash flow (approximation) | €124k | €79k | €59k | €74k | €52k | ▼ 30.5% |
| Investment in fixed assets (approximation) | - | €-743 | €-6k | €-2k | €-27k | ▼ 1,532% |
| Change in cash | - | €12k | €-21k | €-6k | €25k | ▲ 496% |
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
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Equity above €500kEq €519k ▲6.5%
4 profitable years in a row build equity to €519k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €16k ▼53.9%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2015
Ground area
485 m²
Building footprint
127 m²
Volume, LiDAR
447 m³
Parcel 31024B0437/00E002, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
H&E Consult
since 20152.240.480.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31024B0437/00E002 | Flanders | 485 m² | 1 · 127 m² | 6.1 m · 1 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.
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,406. 5,862 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.