Equity
Equity fell below zero in 2024.
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Embed the H & E Technics company card in your article about this bankruptcy: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Equity fell below zero in 2024.
From profit to loss in 2024, after a profit of €52,054 in 2023.
Of this, €12,207 falls due within a year.
Short-term debts fell from €74,664 to €12,207.
The 2022 accounts came latest: 69 days after the end of the period.
Equity fell from €60,504 in 2023 to -€12,265 in 2024.
On 16 December 2025 the court declared H & E Technics bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 7% of 1,619 companies in 2024.
Higher than 66% of 1,592 companies in 2024.
Lower than 95% of 1,595 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
57,902 | 159,894 | 33,977 | 36,300 | |
21/28 |
25,895 | 33,716 | 2,121 | 2,669 | |
22/27 |
25,895 | 33,716 | 2,121 | 2,669 | |
23 |
2,296 | 3,166 | 2,121 | 2,669 | |
24 |
23,599 | 30,551 | - | - | |
29/58 |
32,007 | 126,177 | 31,856 | 33,631 | |
3 |
10,315 | 8,300 | - | - | |
30/36 |
10,315 | 8,300 | - | - | |
40/41 |
14,042 | 73,537 | 7,619 | 11,382 | |
40 |
10,051 | 64,858 | 5,280 | 11,140 | |
41 |
3,991 | 8,679 | 2,338 | 242 | |
54/58 |
7,650 | 43,564 | 23,828 | 21,839 | |
490/1 |
- | 776 | 409 | 410 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
57,902 | 159,894 | 33,977 | 36,300 | |
10/15 |
-12,265 | 60,504 | 8,450 | 6,760 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
- | 55,504 | 3,450 | 1,760 | |
133 |
- | 55,504 | 3,450 | 1,760 | |
14 |
-17,265 | - | - | - | |
17/49 |
70,167 | 99,389 | 25,527 | 29,540 | |
17 |
57,960 | 24,725 | - | - | |
170/4 |
57,960 | 24,725 | - | - | |
42/48 |
12,207 | 74,664 | 25,527 | 29,540 | |
42 |
6,815 | 6,571 | - | - | |
44 |
5,382 | 40,125 | 8,963 | 13,692 | |
440/4 |
5,382 | 40,125 | 8,963 | 13,692 | |
45 |
10 | 12,868 | 1,464 | 497 | |
450/3 |
10 | 12,868 | 1,464 | 497 | |
47/48 |
- | 15,100 | 15,100 | 15,352 | |
| Income statement | |||||
9900 |
-53,381 | 71,526 | 4,935 | 3,283 | |
62 |
3,987 | - | - | - | |
630 |
7,822 | 4,774 | 548 | 71 | |
640/8 |
509 | 1,303 | 1,674 | 887 | |
9901 |
-65,699 | 65,450 | 2,713 | 2,326 | |
75/76B |
100 | 693 | 0 | 0 | |
75 |
100 | 693 | 0 | 0 | |
65/66B |
2,170 | 1,229 | 56 | 69 | |
65 |
2,170 | 1,229 | 56 | 69 | |
9903 |
-67,770 | 64,913 | 2,657 | 2,257 | |
67/77 |
5,000 | 12,859 | 967 | 497 | |
9904 |
-72,770 | 52,054 | 1,690 | 1,760 | |
9905 |
-72,770 | 52,054 | 1,690 | 1,760 | |
| Appropriation of the result | |||||
9906 |
-72,770 | 52,054 | 1,690 | 1,760 | |
791/2 |
55,504 | - | - | - | |
691/2 |
- | 52,054 | 1,690 | 1,760 | |
6921 |
- | 52,054 | 1,690 | 1,760 | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 27-08-2025.
2024 annual accounts filed 27 days after the deadline. Filed on 27 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00416359.
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €930 |
| 2024 | 1 | €930 | €0 |
| 2023 | 1 | €345 | €345 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| -57,877 | 70,224 | 3,261 | 2,396 | ||
| -64,948 | 56,829 | 2,238 | 1,831 | ||
| 0 | 46,503 | 0 | 2,740 | ||
| -35,915 | 19,737 | 1,989 | - | ||
| 19,800 | 51,513 | 6,329 | 4,091 | ||
| -21.2% | 37.8% | 24.9% | 18.6% | ||
| 2.62 | 1.69 | 1.25 | 1.14 | ||
| 1.78 | 1.58 | 1.25 | 1.14 | ||
| - | 1.64 | 3.02 | 4.37 | ||
| - | 86.0% | 20.0% | 26.0% | ||
| -125.7% | 32.6% | 5.0% | 4.8% | ||
| -26.67 | 57.12 | 58.28 | 34.79 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | €46,503 | - | €2,740 |
| €7,822 | €4,774 | €548 | €71 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is a loss of €65,699, after a profit of €65,450 in 2023. It is the lowest result since 2021.
Equity is negative. Debt (€70,167) exceeds the balance-sheet total (€57,902).
H & E Technics has no parent and no holdings in its annual accounts. Jerry HAECK is the only director. H & E Technics shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
H & E Technics was incorporated on 21 April 2021 as a private limited company by two natural persons, with a starting capital of €5,000.12 The registered office was moved to Hulshout in 2024.3 Since 2024, Jerry HAECK has served as director.4 Total assets rose from €36,300 in 2021 to €57,902 in 2024.5 On 16 December 2025 the company was declared bankrupt.6
| Establishment | Since | Unit number |
|---|---|---|
| Corbeillestraat 83 registered office 2235 Hulshout | 21-04-2021 | 2.316.285.566 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13050B0059/00R000 | 4,152 m² | 1 · 4,140 m² | 9.9 m · 2 |
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