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HAECHTIFY

Active
Public limited companyfounded 198739 yrs activeRue Léon-Frédéricq 14, 4020 Liège, BelgiumKBO/BCE: BE 0431.766.301
Summary

The annual accounts of HAECHTIFY for fiscal year 2024 show a net loss of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €189,181 and a net result of -€258,907. Equity is shrinking by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 4838 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency52▼-35
Growth22▼-10
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.02 against 0.08 in 2023; short-term debt: 20.3% and cash: 0.3% of total assets), and 73.2% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
26.8%
Return on assets
-36.6%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
192021222324
2019 to 2024 · latest year -€258,907
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
35 d early
2022
48 d early
2021
24 d early
2020
24 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HAECHTIFY was incorporated on 14 August 1987.1 Total assets fell from EUR 826,352 in 2019 to EUR 706,685 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€7,629▼ 21.3%
2023 · €9,690
EBIT margin
-3265.4%▼ 1874.8pp
2023 · -1390.6%
Net result
-€258,907▼ 85.2%
2023 · -€139,791
Working capital
-€140,174▼ 93.6%
2023 · -€72,411
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€9,690€7,629▼ 21.3%
Operating result€58,041▲ 78.9%-€63,817-€60,009▲ 6.0%-€134,753▼ 125%-€249,121▼ 84.9%
Net result€40,986within the sector's middle half▲ 83.5%-€65,531below the sector's middle half-€59,124below the sector's middle half▲ 9.8%-€139,791below the sector's middle half▼ 136%-€258,907below the sector's middle half▼ 85.2%
EBIT margin-1390.6%-3265.4%▼ 1874.8pp
Equity€708,849within the sector's middle half▲ 6.1%€643,318within the sector's middle half▼ 9.2%€584,193within the sector's middle half▼ 9.2%€444,402within the sector's middle half▼ 23.9%€189,181within the sector's middle half▼ 57.4%
Total assets€818,274within the sector's middle half▼ 1.0%€752,811within the sector's middle half▼ 8.0%€745,773within the sector's middle half▼ 0.9%€722,268below the sector's middle half▼ 3.2%€706,685below the sector's middle half▼ 2.2%
Debt€86,979▼ 42.8%€89,890▲ 3.3%€144,818▲ 61.1%€263,948▲ 82.3%€438,480▲ 66.1%
Working capital-€30,142within the sector's middle half▲ 68.1%-€83,278within the sector's middle half▼ 176%€3,161within the sector's middle half-€72,411within the sector's middle half-€140,174within the sector's middle half▼ 93.6%
Solvency86.6%above the sector's middle half▲ 5.8pp85.5%above the sector's middle half▼ 1.2pp78.3%above the sector's middle half▼ 7.1pp61.5%within the sector's middle half▼ 16.8pp26.8%within the sector's middle half▼ 34.8pp
Current ratio0.65within the sector's middle half▲ 0.430.07below the sector's middle half▼ 0.581.27within the sector's middle half▲ 1.200.08below the sector's middle half▼ 1.190.02below the sector's middle half▼ 0.06
Return on assets (ROA)5.0%above the sector's middle half▲ 2.3pp-8.7%below the sector's middle half▼ 13.7pp-7.9%below the sector's middle half▲ 0.8pp-19.4%below the sector's middle half▼ 11.4pp-36.6%below the sector's middle half▼ 17.3pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2020: €58,041€58,041Net result 2020: €40,986€40,986Operating result 2021: -€63,817-€63,817Net result 2021: -€65,531-€65,531Operating result 2022: -€60,009-€60,009Net result 2022: -€59,124-€59,124Operating result 2023: -€134,753-€134,753Net result 2023: -€139,791-€139,791Operating result 2024: -€249,121-€249,121Net result 2024: -€258,907-€258,90720202021202220232024-€300,000-€200,000-€100,000€0Operating result 2022: -€60,009-€60,000Net result 2022: -€59,124-€59,100Operating result 2023: -€134,753-€135,000Net result 2023: -€139,791-€140,000Operating result 2024: -€249,121-€249,000Net result 2024: -€258,907-€259,000202220232024
The operating result stays negative: a loss of €249,121 in 2024 against €134,753 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €706,685
Fixed assets €703,561 ▼ 1.7%
Current assets €3,124 ▼ 52.3%
Equity and liabilities €706,685
Equity €189,181 ▼ 57.4%
Provisions €79,025 ▲ 468%
Debt €438,480 ▲ 66.1%
Debt's share of the balance-sheet total rises from 36.5% to 62.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€236,958▼
2023 · -€119,516
Cash flow
-€246,744▼
2023 · -€124,554
Debt to equity
2.32▲
2023 · 0.59
ROE
-136.9%▼
2023 · -31.5%
Interest coverage
-19.55▼
2023 · -15.16
Debt ≤ 1 year
€143,298▲
2023 · €78,955
Debt > 1 year
€293,899▲
2023 · €183,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 309 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 88% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.9% went bankrupt
5.2% stopped otherwise
88% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 309 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€722,268€706,685▼
Fixed assets21/28€715,724€703,561▼
Tangible fixed assets22/27€715,724€703,561▼
Land and buildings22€715,724€703,561▼
Current assets29/58€6,544€3,124▼
Amounts receivable within one year40/41€1,168-
Trade receivables40€1,168-
Cash at bank and in hand54/58€4,120€1,888▼
Deferred charges and accrued income490/1€1,256€1,236▼
Equity and liabilities
Total equity and liabilities10/49€722,268€706,685▼
Equity10/15€444,402€189,181▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€33,214€29,903▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€27,014€23,703▼
Profit (loss) carried forward14€349,188€97,277▼
Provisions and deferred taxes16€13,919€79,025▲
Provisions for liabilities and charges160/5-€71,124
Other liabilities and charges164/5-€71,124
Deferred taxes168€13,919€7,901▼
Amounts payable17/49€263,948€438,480▲
Amounts payable after more than one year17€183,750€293,899▲
Other amounts payable178/9€183,750€293,899▲
Amounts payable within one year42/48€78,955€143,298▲
Trade debts44€71,306€20,587▼
Suppliers440/4€71,306€20,587▼
Taxes, remuneration and social security45-€110,736
Taxes450/3-€110,736
Other amounts payable47/48€7,649€11,975▲
Accrued charges and deferred income492/3€1,242€1,282▲
Income statement Code20232024
Turnover70€9,690€7,629▼
Goods, raw materials, services and sundry goods60/61€46,349€68,064▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,237€12,163▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€71,124
Other operating charges640/8€82,858€105,400▲
Gross operating margin9900-€36,658-€60,435▼
Operating profit (loss)9901-€134,753-€249,121▼
Financial charges65/66B€7,881€12,118▲
Recurring financial charges65€7,881€12,118▲
Profit (loss) for the period before taxes9903-€142,634-€261,239▼
Transfer from deferred taxes780€2,843€2,332▼
Profit (loss) for the period9904-€139,791-€258,907▼
Transfer from tax-exempt reserves789€5,518€6,996▲
Profit (loss) for the period to be appropriated9905-€134,273-€251,910▼
Appropriation of the result
Profit (loss) to be appropriated9906€349,188€97,277▼
Profit (loss) brought forward from the previous period14P€483,461€349,188▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€9,690€7,629▼ 21.3%
Goods, raw materials, services and sundry goods60/61---€46,349€68,064▲ 46.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,856€15,237€15,237€15,237€12,163▼ 20.2%
Provisions for liabilities and charges: additions (uses and reversals)635/8----€71,124-
Other operating charges640/8-€22,298€38,971€82,858€105,400▲ 27.2%
Gross operating margin9900€135,066-€26,281-€5,801-€36,658-€60,435▼ 64.9%
Operating profit (loss)9901€58,041-€63,817-€60,009-€134,753-€249,121▼ 84.9%
Financial income75/76B-€4----
Recurring financial income75€53€4----
Financial charges65/66B-€855€1,957€7,881€12,118▲ 53.8%
Recurring financial charges65€917€855€1,957€7,881€12,118▲ 53.8%
Profit (loss) for the period before taxes9903€57,177-€64,668-€61,966-€142,634-€261,239▼ 83.2%
Transfer from deferred taxes780-€2,842€2,842€2,843€2,332▼ 18.0%
Income taxes67/77€20,456€3,705----
Profit (loss) for the period9904€40,986-€65,531-€59,124-€139,791-€258,907▼ 85.2%
Transfer from tax-exempt reserves789-€5,519€5,519€5,518€6,996▲ 26.8%
Profit (loss) for the period to be appropriated9905€49,263-€60,012-€53,605-€134,273-€251,910▼ 87.6%
Line20202021202220232024Change
Assets
Total assets20/58€818,274€752,811€745,773€722,268€706,685▼ 2.2%
Fixed assets21/28€761,436€746,199€730,961€715,724€703,561▼ 1.7%
Tangible fixed assets22/27€761,436€746,199€730,961€715,724€703,561▼ 1.7%
Land and buildings22-€746,199€730,961€715,724€703,561▼ 1.7%
Current assets29/58€56,837€6,612€14,812€6,544€3,124▼ 52.3%
Amounts receivable within one year40/41€32,634€4,815€12,875€1,168--
Trade receivables40-€4,815€12,875€1,168--
Cash at bank and in hand54/58€23,252€776€839€4,120€1,888▼ 54.2%
Deferred charges and accrued income490/1-€1,022€1,097€1,256€1,236▼ 1.6%
Equity and liabilities
Total equity and liabilities10/49€818,274€752,811€745,773€722,268€706,685▼ 2.2%
Equity10/15€708,849€643,318€584,193€444,402€189,181▼ 57.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10-€62,000€62,000€62,000€62,000=
Issued capital100-€62,000€62,000€62,000€62,000=
Reserves13€49,771€44,252€38,733€33,214€29,903▼ 10.0%
Non-distributable reserves130/1-€6,200€6,200€6,200€6,200=
Legal reserve130-€6,200€6,200€6,200€6,200=
Tax-exempt reserves132-€38,052€32,533€27,014€23,703▼ 12.3%
Profit (loss) carried forward14€597,078€537,066€483,461€349,188€97,277▼ 72.1%
Provisions and deferred taxes16€22,446€19,604€16,762€13,919€79,025▲ 468%
Provisions for liabilities and charges160/5----€71,124-
Other liabilities and charges164/5----€71,124-
Deferred taxes168-€19,604€16,762€13,919€7,901▼ 43.2%
Amounts payable17/49€86,979€89,890€144,818€263,948€438,480▲ 66.1%
Amounts payable after more than one year17--€132,000€183,750€293,899▲ 59.9%
Other amounts payable178/9--€132,000€183,750€293,899▲ 59.9%
Amounts payable within one year42/48€86,979€89,890€11,651€78,955€143,298▲ 81.5%
Trade debts44€9,679€3,885€11,651€71,306€20,587▼ 71.1%
Suppliers440/4-€3,885€11,651€71,306€20,587▼ 71.1%
Taxes, remuneration and social security45-€24,005--€110,736-
Taxes450/3-€24,005--€110,736-
Other amounts payable47/48-€62,000-€7,649€11,975▲ 56.6%
Accrued charges and deferred income492/3--€1,167€1,242€1,282▲ 3.2%
Line20202021202220232024Change
Profit (loss) for the period9904€40,986-€65,531-€59,124-€139,791-€258,907▼ 85.2%
+ Depreciation and write-downs630€22,856€15,237€15,237€15,237€12,163▼ 20.2%
Operating cash flow (approximation)€63,842-€50,294-€43,887-€124,554-€246,744▼ 98.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€22,476€63€3,281-€2,232▼ 168%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet -€258,907
Net result drops to -€258,907, the lowest in the series.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Liquidity times 17current ratio 1.27
Current ratio from 0.07 to 1.27; short-term debt falls from €89,890 to €11,651.
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2019net €40,986 ▲83.5%
Operating result €58,041, net result €40,986, both a record.
06-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
17-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has 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
11 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, Liège · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
7,778 m²
Building footprint
1,074 m²
Volume, LiDAR
7,846 m³
2 parcels, Brussels, Wallonia · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
32 companies at this address See who is registered here
1 establishment unit
DE COTA SA
Haachtsesteenweg 1281, 1130 BrusselNACE 70201
since 19872.030.443.590
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21821B0065/00G004 Brussels 6,442 m² 1 · 686 m² 11.7 m · 2 fl.
62817C0019/00X005 Wallonia 1,335 m² 1 · 388 m² 14.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group FINANCIERE SAINT PAUL 36 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. FINANCIERE SAINT PAUL 99.9%
  2. HAECHTIFY

Highest known parent: FINANCIERE SAINT PAUL. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2022 list no holdings, and no other source names one.

According to the 2022 annual accounts of HAECHTIFY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,146 companies in sector 68201 we hold annual accounts for 6,775. 4,762 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded14-08-1987
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0431766301
Also 9925:BE0431766301
Registered 15-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.