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HAESEVOETS

Active
Public limited companyfounded 198936 yrs activeIndustrieweg 1041, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0439.530.457
Summary

HAESEVOETS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of €719,068. Equity is shrinking by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 73% of 1212 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
HAESEVOETSActiveChecked score 97/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28110Manufacture of motor vehicles, trailers and semi-trailers NACE 29320
#2 company by equity in Herk-de-Stad, Manufacturing sector1 site
Size
€6.0mtotal assets 2025
Staff
23.9 FTE
Equity
€4.0m
Profit
€719,068
Turnover not published (abridged schema)
Financial health
97 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
HAESEVOETS HOLDING · 100%
Accounts 53 d early0 of 12 deeds read
Why 97+ Liquidity: current ratio 1.82, cash €1.3m+ Founded in 1989+ Size: 23.9 FTE, total assets €6.0m+ Equity €4.0m (66.0% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Better than 80% of its sector peers (NACE 25, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 91+3
equity 66.0% of total assets
Liquidity 62-3
short-term debt 32.6% · cash 21.0%
Profitability 84-3
return on assets 12.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (747 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%▲ +3.7% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%▲ +7.1% vs 03-2025 05-2025: < 0.1%▲ +3.3% vs 04-2025 06-2025: < 0.1%▲ +3.2% vs 05-2025 07-2025: < 0.1%▲ +15.6% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▲ +2.7% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▲ +5.3% vs 05-2026highest value 07-2026: < 0.1%▼ -5.0% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.82, cash €1.3m lowers the probability
  • Founded in 1989 lowers the probability for this profile
  • Size: 23.9 FTE, total assets €6.0m lowers the probability for this profile
  • Equity €4.0m (66.0% of total assets) lowers the probability
Credit up to €380,000 at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.37 in 2024; short-term debt: 32.6% and cash: 21% of total assets), and 34% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, small). Better than this share of them on solvency 78%, liquidity 77%, profitability 82%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 1.82, cash €1.3m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1989
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: 23.9 FTE, total assets €6.0m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Equity €4.0m (66.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €4.0m
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
51 d early
2023
30 d early
2022
7 d late
2021
3 d early
2020
45 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

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. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €45,630 · 1,212 companies €719,068 View
  • Positive: 8 profitable years in a rowprofit 2025: €719,068 8 years View
  • Controlled by HAESEVOETS HOLDING 100% View

By topic

Financials

Fiscal year
2025
Total assets
€6.0m
Profit
€719,068
Solvency
66.0%
Total assets▲ 16.8%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 08-06-2026Annual accounts filed
  2. 10-06-2025Annual accounts filed
  3. 01-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
21-12-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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