H & E EXPLOITATIONS
Absorbed by LET'S THINKOverview
Overview
Official details
Source: KBO- Status
- Absorbed by LET'S THINK merger by absorption, March 2026
- Legal form
- Private limited company
- Activity
- “Ontwikkeling van residentiële bouwprojecten” (deed in Dutch)From the articles, 32 activitiesNo NACE code in the KBO yet
- Joint committee
- 302 Hotels and catering · annual accounts 2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-07-2025
Board and ownership
- NV Shrimp TempuraDirector · until 2026
- LET'S THINK100%· score 54deed of 04-05-2026
Financial position
- Gross margin
- €17,978
- ▼ 95.7%
- Turnover
- ≈ €120,000
- estimated
- Loss
- €109,272
- Equity
- -€889,587
- ▼ 14.0%
- Total assets
- €464,359
- ▼ 14.4%
- Staff
- 0.1 FTE
- ▼ 90.0%
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404524.
Annual accounts 2025 filed on 18-08-2026 at the NBB all 14 filings
Every figure per financial year
The operating result for 2025 is a loss of €92,478, after a profit of €193,129 in 2024. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | - |
| full-time | 1 | 1 | 1 | 1 | - |
| in full-time equivalents | 1 | 1 | 1 | 1 | - |
| Average over the year, in full-time equivalents | 5.4 | 1.4 | 1.1 | 1 | 0.1 |
| On a permanent contract | 1 | 1 | 1 | 1 | - |
| Joined | 106 | 20 | 10 | - | 0 |
| Left | 110 | 20 | 10 | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €257,951 | €63,357 | €5,675 | - | - |
| Financial fixed assets | €400 | - | - | - | - |
| Depreciation and write-downs of the year | €58,980 | €100,752 | €105,216 | €104,458 | €102,759 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €1,386 awarded · €1,386 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.006m | ▼ 94.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.04m | €0.04m | €0.06m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | -€0.003m | - |
| Other operating charges640/8 | - | - | - | €0.01m | €0.01m | €0.007m | €0.006m | €0.004m | ▼ 36.7% |
| Non-recurring operating charges66A | - | - | - | €0.006m | €0.002m | - | - | - | - |
| Gross operating margin9900 | €1.3m | €0.08m | €0.1m | €0.3m | €0.3m | €0.3m | €0.4m | €0.02m | ▼ 95.7% |
| Operating profit (loss)9901 | €1.0m | -€0.1m | -€0.2m | €0.07m | €0.01m | €0.04m | €0.2m | -€0.09m | - |
| Financial income75/76B | - | - | - | €494 | €0.001m | €0.001m | €2 | - | - |
| Recurring financial income75 | €0.001m | €39 | €132 | €494 | €0.001m | €0.001m | €2 | - | - |
| Financial charges65/66B | - | - | - | €489 | €0.001m | €0.002m | €0.001m | €0.02m | ▲ 28× |
| Recurring financial charges65 | €0.009m | €0.007m | €0.001m | €489 | €0.001m | €0.002m | €0.001m | €0.02m | ▲ 28× |
| Profit (loss) for the period before taxes9903 | €1.0m | -€0.1m | -€0.2m | €0.07m | €0.01m | €0.04m | €0.2m | -€0.1m | - |
| Profit (loss) for the period9904 | €1.0m | -€0.1m | -€0.2m | €0.07m | €0.01m | €0.04m | €0.2m | -€0.1m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | -€0.1m | -€0.2m | €0.07m | €0.01m | €0.04m | €0.2m | -€0.1m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.3m | €0.3m | €0.6m | €0.5m | €0.4m | €0.5m | €0.5m | ▼ 14.4% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.3m | €0.5m | €0.4m | €0.3m | €0.2m | €0.1m | ▼ 43.1% |
| Intangible fixed assets21 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.08m | ▼ 30.0% |
| Tangible fixed assets22/27 | €0.01m | €0.01m | €0.03m | €0.3m | €0.3m | €0.2m | €0.1m | €0.05m | ▼ 55.8% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.01m | €0.01m | €0.01m | €0.005m | ▼ 44.3% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.007m | €0.004m | €0.002m | - | - |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.05m | ▼ 56.2% |
| Financial fixed assets28 | €119 | - | - | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €0.04m | €0.01m | €0.02m | €0.1m | €0.06m | €0.02m | €0.3m | €0.3m | ▲ 8.2% |
| Stocks and contracts in progress3 | €0.01m | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.01m | €0.02m | €0.1m | €0.05m | €0.02m | €0.3m | €0.3m | ▲ 8.0% |
| Trade receivables40 | - | - | - | €0.08m | €0.04m | €0.02m | €0.3m | €0.3m | ▼ 7.7% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.009m | €0.004m | - | €0.05m | - |
| Current investments50/53 | - | - | - | - | - | - | €388 | €0.001m | ▲ 134% |
| Cash at bank and in hand54/58 | €0.01m | €0.001m | €0.002m | €0.001m | €0.001m | €76 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.002m | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.3m | €0.3m | €0.6m | €0.5m | €0.4m | €0.5m | €0.5m | ▼ 14.4% |
| Equity10/15 | -€0.7m | -€0.8m | -€1.1m | -€1.0m | -€1.0m | -€1.0m | -€0.8m | -€0.9m | ▼ 14.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Tax-exempt reserves132 | - | - | - | €1.2m | €1.2m | €1.2m | - | - | - |
| Distributable reserves133 | - | - | - | €0.002m | €0.002m | €0.002m | €1.2m | €1.2m | = |
| Profit (loss) carried forward14 | -€1.9m | -€2.0m | -€2.3m | -€2.2m | -€2.2m | -€2.2m | -€2.0m | -€2.1m | ▼ 5.5% |
| Amounts payable17/49 | €1.1m | €1.2m | €1.4m | €1.6m | €1.5m | €1.3m | €1.3m | €1.4m | ▲ 2.4% |
| Amounts payable after more than one year17 | €0.2m | €0.5m | €0.5m | €0.5m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Trade debts175 | - | - | - | €0.2m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.9m | €0.6m | €0.9m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 4.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.001m | €0.002m | - | - | - |
| Trade debts44 | €0.2m | €0.1m | €0.3m | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 13.7% |
| Suppliers440/4 | - | - | - | €0.4m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 13.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.03m | €0.01m | €0.01m | €0.001m | ▼ 91.3% |
| Taxes450/3 | - | - | - | - | €0.02m | - | €0.002m | - | - |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.01m | €0.01m | €0.009m | €0.001m | ▼ 89.1% |
| Other amounts payable47/48 | - | - | - | €0.7m | €0.6m | €0.6m | €0.6m | €0.7m | ▲ 16.8% |
| Accrued charges and deferred income492/3 | - | - | - | €0.007m | €0.04m | €0.04m | €0.01m | €0.005m | ▼ 65.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | -€0.1m | -€0.2m | €0.07m | €0.01m | €0.04m | €0.2m | -€0.1m | - |
| + Depreciation and write-downs630 | €0.03m | €0.04m | €0.04m | €0.06m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.6% |
| Operating cash flow (approximation) | €1.0m | -€0.1m | -€0.2m | €0.1m | €0.1m | €0.1m | €0.3m | -€0.007m | - |
| Investment in fixed assets (approximation) | - | -€0.005m | -€0.02m | -€0.3m | -€0.06m | -€0.006m | €0 | €0 | - |
| Change in cash | - | -€0.009m | €0.001m | -€0.001m | -€214 | -€0.001m | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-08-2026 | 2026-00404524 | |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00426597 | |
| 31-12-2023 | abbreviated format | 13-08-2024 | 2024-00343458 | |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00401340 | |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20302148 | |
| 31-12-2020 | abbreviated format | 02-08-2021 | 2021-46000417 | |
| 31-12-2019 | abbreviated format | 21-09-2020 | 2020-54600050 | |
| 31-12-2018 | abbreviated format | 09-08-2019 | 2019-45300349 | |
| 31-12-2017 | abbreviated format | 30-08-2018 | 2018-54400391 | |
| 31-12-2016 | abbreviated format | 06-07-2017 | 2017-28500048 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- LET'S THINK
- H & E EXPLOITATIONS
Owners 1
- LET'S THINKparentEquity €305,164 Profit of €94,898 in 2025 (profit of €17,702 in 2024) Checked score 54100%
Owners through the years 2012 to 2024
| Name | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SHRIMP TEMPURA | 100% | |||||||||||
Source: lists of holdings in the owners' accounts
Capital transactions
- LET'S THINK (BE 0461.389.210) all shares
- LET'S THINK (BE 0461.389.210) all shares · 100%
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| NV Shrimp Tempura |
|
Network & group
Acquisitions and mergers
1 transactionConnections & network
The network starts from the shareholders of H & E EXPLOITATIONS. Every company they also own or run is a node.
Timeline
Deeds, filings and financial milestones
04-05
Gazette deed
Merger: absorbed by LET'S THINKDissolution of the company · Dissolved without liquidation · Resignation: NV Shrimp Tempura (director)4 points ▸
- General meeting, 03-03-2026
- LET'S THINK holds all the shares
- Director resignation, NV Shrimp Tempura
- Permanent representative, Wim Van der Borght
- The deed holds 6 more points.
27-01
Gazette deed
Merger proposal: to be absorbed by LET'S THINKPermanent representative: Wim Van der Borght · Wim Van der Borght holds 250 shares · LET'S THINK holds all the shares7 points ▸
- Board composition, Wim Van der Borght (director)
- 250 shares
- Wim Van der Borght holds 250 shares
- Board composition, NV Shrimp Tempura (director)
- Permanent representative, Wim Van der Borght
- LET'S THINK holds all the shares
- Accounting effect, 01-01-2026
- The deed holds 10 more points.
05-01
Gazette deed
Registered office moved within AntwerpNew registered office: Namenstraat 13-15, 2000 Antwerpen · Previous registered office: Beukenlaan 12, 2020 Antwerpen2 points ▸
- Board meeting, 31-10-2022
- Registered-office move, Namenstraat 13-15, 2000 Antwerpen
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Absorbed by LET'S THINK in March 2026
H & E EXPLOITATIONS is no longer in the KBO register. LET'S THINK took it over in a merger by absorption, published in the Belgian Official Gazette on 4 May 2026.
- Status
- Inactiveout of the register since 17 April 2026
- Reason
- Merger by absorption"silent merger", Belgian Official Gazette, 4 May 2026 · deed
- Absorbed by
- LET'S THINK · 0461.389.210
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Namenstraat 13-15, 2000 Antwerpenas published on 4 May 2026
- Legal form
- Private limited company
- Active since
- 25 October 2011
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwikkeling van residentiële bouwprojecten; Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken…”
32 activities
- Ontwikkeling van residentiële bouwprojecten
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Ontwikkeling van niet-residentiële bouwprojecten
- Projectontwikkeling voor kantoorbouw
- Projectontwikkeling voor de bouw of de aanleg van commerciële en industriële centra,hotels,industriezones en markten,jachthavens,wintersportcentra
- Algemene bouw van residentiële gebouwen
- Optrekken van de ruwbouw van individuele huizen
- Bouw van individuele huizen volgens de formule sleutel op de deur
- Optrekken van de ruwbouw van gebouwen met celstructuur(appartementsgebouwen)
- Bouw van appartementen volgens de formule sleutel op de deur
- Optrekken van de ruwbouw van gebouwen
- Algemene coördinatiewerkzaamheden bouwwerf
- Algemene bouw van kantoorgebouwen
- Algemene bouw van andere niet-residentiële gebouwen
- Optrekken van de ruwbouw van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen,ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur
- Montage van hangars,loodsen,schuren,silo's voor landbouwdoeleinden
- Het verwerven,vervreemden,beheren,uitbaten,huren en verhuren,verkavelen,valoriseren,renoveren,saneren,het doen bouwen of verbouwen,het verwerven of verlenen van zakelijke rechten,zoals opstalrechten,erfpacht en onroerende leasing van onroerende goederen
- Haar patrimonium,bestaande uit onroerende en roerende goederen en rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- Het aangaan,toestaan en het verstrekken van leningen en kredieten aan derden,verbonden vennootschappen,aandeelhouders en/of zaakvoerders,zich voor derden borgstellen door haar goederen in hypotheek of pand te geven,inclusief de eigen handelszaak
- Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden in vennootschappen en ondernemingen
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen
- Het management en het bestuur van om het even welke ondernemingen en vennootschappen
- Het optreden als vereffenaar
- Het verlenen van technische of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen
- Het verlenen van financiële bijstand
- De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware
- Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke
- Het organiseren,inrichten,promoten en uitbaten van allerhande evenementen,ontspanningsactiviteiten,dansavonden en ontmoetingsavonden,feesten en vermakelijkheden,in eigen naam en voor rekening van derden in de ruimste zin van het woord
- De organisatie en inrichting van feesten,catering,concerten,klank- en lichtspelen,fuiven,banketten,recepties,bedrijfsfeesten,en alle mogelijke recreatie-evenementen,in eigen naam en voor rekening van derden in de ruimste zin van het woord
- Het verhuren en ter beschikking stellen van feestzalen,locaties,feestartikelen,zaalinrichting,horecamateriaal,tenten en alle overige materiële goederen
- Het uitbaten,inrichten van één of meerdere eet- en drankgelegenheden in het algemeen waaronder onder meer restaurants,spijshuizen,snackbars en fastfoodzaken,verbruikerssalons,tearooms,cafés,bars,nachtclubs en tavernen evenals alle drankgelegenheden allerhande al dan niet met alcoholische dranken,bierhallen,wijnbars,feestzalen,met inbegrip van alle daaraan verbonden activiteiten
- De verkoop aan de toog van etenswaren en dranken die ter plaatse verbruikt worden en in het algemeen in wegwerpverpakking aangeboden worden,buffetten,sandwichbars,hamburgerrestaurants,frietkramen,croissanteries,crêperes en warmwafelkramen,ijskramen,pizzeria's en drive-in restaurants
Articles of association, deed of 27-01-2026 (in Dutch)
Environmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11811L3935/00P000 | Flanders | 1,519 m² | 1 · 581 m² | 13.2 m · 2 |