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HAEGEMAN TECHNIEKEN

Active
Private limited company (pre-2019)founded 200125 yrs activePaddenhoek 37, 9551 Herzele, BelgiumKBO/BCE: BE 0474.027.815

HAEGEMAN TECHNIEKEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612k and a net result of €85k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+8
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 3.48 in 2024; short-term debt: 23.2% and cash: 25.1% of total assets), and 23.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.7%
Return on assets
10.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
12 d late
2024
26 d late
2023
30 d late
2022
30 d late
2021
2 d late
2020
26 d late
2019
14 d late
← before the deadline after the deadline →
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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€612k▲ 16.2%
2024 · €526k
2018: €315k 2019: €334k 2020: €365k 2021: €389k 2022: €419k 2023: €497k 2024: €526k
2018 → 2025
Total assets
€797k▲ 8.5%
2024 · €735k
2018: €433k 2019: €486k 2020: €516k 2021: €631k 2022: €588k 2023: €720k 2024: €735k
2018 → 2025
Net result
€85k▲ 192%
2024 · €29k
2018: €-1k 2019: €19k 2020: €31k 2021: €24k 2022: €30k 2023: €78k 2024: €29k
2018 → 2025
Working capital
€588k▲ 16.9%
2024 · €503k
2018: €296k 2019: €322k 2020: €356k 2021: €423k 2022: €416k 2023: €481k 2024: €503k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€389k-€419k▲ 7.7%€497k▲ 18.7%€526k▲ 5.9%€612k▲ 16.2%
Operating result€41k-€51k▲ 22.9%€125k▲ 146%€29k▼ 76.8%€119k▲ 312%
Net result€24k-€30k▲ 26.4%€78k▲ 160%€29k▼ 62.7%€85k▲ 192%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €41k€41kNet result 2021: €24k€24kOperating result 2022: €51k€51kNet result 2022: €30k€30kOperating result 2023: €125k€125kNet result 2023: €78k€78kOperating result 2024: €29k€29kNet result 2024: €29k€29kOperating result 2025: €119k€119kNet result 2025: €85k€85k20212022202320242025
The operating result recovers in 2025; 2025 is 312% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €797k
Fixed assets €24k▼ 18.4%
Current assets €773k▲ 9.6%
Equity and liabilities €797k
Equity €612k▲ 16.2%
Debt €186k▼ 10.9%
The debt ratio falls from 28.4% to 23.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€128k
2024 · €36k
Cash flow
€94k
2024 · €36k
Solvency
76.7%
2024 · 71.6%
Current ratio
4.17
2024 · 3.48
Quick ratio
4.16
2024 · 3.44
Debt / equity
0.30
2024 · 0.40
ROE
13.9%
2024 · 5.5%
ROA
10.7%
2024 · 4.0%
Interest coverage
406.89
2024 · 160.28
Debt
€186k
2024 · €209k
Debt ≤ 1 year
€185k
2024 · €202k
Income taxes
€41k
2024 · €15k
Staff costs
€56k
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€735k€797k
Fixed assets21/28€30k€24k
Tangible fixed assets22/27€29k€24k
Land and buildings22€10k€9k
Plant, machinery and equipment23€15k€11k
Furniture and vehicles24€4k€4k
Financial fixed assets28€650€650=
Current assets29/58€705k€773k
Stocks and contracts in progress3€9k€3k
Stocks30/36€9k€3k
Amounts receivable within one year40/41€85k€64k
Trade receivables40€58k€46k
Other amounts receivable41€27k€18k
Current investments50/53€500k€500k=
Cash at bank and in hand54/58€106k€200k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€735k€797k
Equity10/15€526k€612k
Contributions10/11€6k€6k=
Reserves13€520k€605k
Distributable reserves133€520k€605k
Amounts payable17/49€209k€186k
Amounts payable within one year42/48€202k€185k
Trade debts44€41k€9k
Suppliers440/4€41k€9k
Taxes, remuneration and social security45€2k€12k
Taxes450/3€255€10k
Remuneration and social security454/9€1k€1k
Other amounts payable47/48€160k€165k
Accrued charges and deferred income492/3€6k€549
Income statement Code20242025
Remuneration, social security and pensions62€63k€56k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k
Other operating charges640/8€2k€2k
Gross operating margin9900€101k€185k
Operating profit (loss)9901€29k€119k
Financial income75/76B€15k€8k
Recurring financial income75€15k€8k
Financial charges65/66B€225€315
Recurring financial charges65€225€315
Profit (loss) for the period before taxes9903€44k€126k
Income taxes67/77€15k€41k
Profit (loss) for the period9904€29k€85k
Profit (loss) for the period to be appropriated9905€29k€85k
Appropriation of the result
Profit (loss) to be appropriated9906€29k€85k
Transfer to equity691/2€29k€85k
To other reserves6921€29k€85k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial Highest result since 2018net €85k ▲192%
Net result €85k, the highest in the series.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial Equity above €500kEq €526k ▲5.9%
6 profitable years in a row build equity to €526k.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
02-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
26-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
14-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial Back to profitnet €19k
Net result €19k after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
09-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Herzele · 1 establishment unit since 2001
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Paddenhoek 379551 Herzele
Ground area
770 m²
Building footprint
259 m²
Volume, LiDAR
1,425 m³
Parcel 41058B0236/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Paddenhoek 37, 9551 Herzele
NACE 28520
since 20012.093.161.812
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41058B0236/00G000 Flanders 770 m² 1 · 259 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

3 categories
HAEGEMAN TECHNIEKEN BV36171
category D16, class 1 · category D17, class 1 · category P1, class 1
decision 04-09-2025

Similar companies · same sector, comparable size

Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 5,972 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded07-02-2001
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.