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HAETEC

Active
Private limited companyfounded 200818 yrs activeGroenstraat 38, 2235 Hulshout, BelgiumKBO/BCE: BE 0898.274.339
Summary

HAETEC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €256k and a net result of €45k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 57% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability84▼-3
Solvency93▼-7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 5.4 in 2023; short-term debt: 31.7% and cash: 81.3% of total assets), and 31.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 18 years 0 20 y
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
29 d late
2022
30 d late
2021
2 d early
2020
8 d early
2019
16 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€256k▼ 13.5%
2023 · €297k
2018: €237k 2019: €242k▲ +2.1% vs 2018 2020: €223k▼ -8.1% vs 2019lowest in 7 years 2021: €235k▲ +5.7% vs 2020 2022: €246k▲ +4.7% vs 2021 2023: €297k▲ +20.4% vs 2022highest in 7 years 2024: €256k▼ -13.5% vs 2023
2018 → 2024
Total assets
€376k▲ 4.5%
2023 · €359k
2018: €268klowest in 7 years 2019: €301k▲ +12.0% vs 2018 2020: €322k▲ +7.1% vs 2019 2021: €387k▲ +20.1% vs 2020highest in 7 years 2022: €348k▼ -10.0% vs 2021 2023: €359k▲ +3.2% vs 2022 2024: €376k▲ +4.5% vs 2023
2018 → 2024
Net result
€45k▼ 11.1%
2023 · €51k
2018: €46k 2019: €41k▼ -10.8% vs 2018lowest in 7 years 2020: €50k▲ +22.2% vs 2019 2021: €53k▲ +5.8% vs 2020 2022: €54k▲ +2.1% vs 2021highest in 7 years 2023: €51k▼ -5.0% vs 2022 2024: €45k▼ -11.1% vs 2023
2018 → 2024
Working capital
€239k▼ 13.3%
2023 · €276k
2018: €232k 2019: €239k▲ +3.1% vs 2018 2020: €179k▼ -25.0% vs 2019lowest in 7 years 2021: €202k▲ +12.8% vs 2020 2022: €220k▲ +8.9% vs 2021 2023: €276k▲ +25.5% vs 2022highest in 7 years 2024: €239k▼ -13.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€223k-€235k▲ 5.7%€246k▲ 4.7%€297k▲ 20.4%€256k▼ 13.5% 2020: €223klowest in 5 years 2021: €235k▲ +5.7% vs 2020 2022: €246k▲ +4.7% vs 2021 2023: €297k▲ +20.4% vs 2022highest in 5 years 2024: €256k▼ -13.5% vs 2023
Operating result€69k-€74k▲ 7.6%€77k▲ 3.5%€72k▼ 6.2%€65k▼ 9.7% 2020: €69k 2021: €74k▲ +7.6% vs 2020 2022: €77k▲ +3.5% vs 2021highest in 5 years 2023: €72k▼ -6.2% vs 2022 2024: €65k▼ -9.7% vs 2023lowest in 5 years
Net result€50k-€53k▲ 5.8%€54k▲ 2.1%€51k▼ 5.0%€45k▼ 11.1% 2020: €50k 2021: €53k▲ +5.8% vs 2020 2022: €54k▲ +2.1% vs 2021highest in 5 years 2023: €51k▼ -5.0% vs 2022 2024: €45k▼ -11.1% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €69k€69kNet result 2020: €50k€50kOperating result 2021: €74k€74kNet result 2021: €53k€53kOperating result 2022: €77k€77kNet result 2022: €54k€54kOperating result 2023: €72k€72kNet result 2023: €51k€51kOperating result 2024: €65k€65kNet result 2024: €45k€45k20202021202220232024€0€20k€40k€60k€80kOperating result 2022: €77k€77kNet result 2022: €54k€54kOperating result 2023: €72k€72kNet result 2023: €51k€51kOperating result 2024: €65k€65kNet result 2024: €45k€45k202220232024
The operating result has fallen two years in a row; 2024 is 10% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €376k
Fixed assets €17k ▼ 16.7%
Current assets €358k ▲ 5.8%
Equity and liabilities €376k
Equity €256k ▼ 13.5%
Debt €119k ▲ 90.0%
Debt's share of the balance-sheet total rises from 17.5% to 31.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€76k▼
2023 · €81k
Cash flow
€56k▼
2023 · €60k
Current ratio
3.01▼
2023 · 5.40
Debt to equity
0.47▲
2023 · 0.21
ROE
17.7%▲
2023 · 17.2%
ROA
12.1%▼
2023 · 14.2%
Interest coverage
34.94▼
2023 · 59.40
Debt ≤ 1 year
€119k▲
2023 · €63k
Income taxes
€18k▼
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€359k€376k▲
Fixed assets21/28€21k€17k▼
Tangible fixed assets22/27€21k€17k▼
Plant, machinery and equipment23-€780
Furniture and vehicles24€21k€16k▼
Current assets29/58€339k€358k▲
Amounts receivable within one year40/41€47k€41k▼
Trade receivables40€47k€39k▼
Other amounts receivable41€153€2k▲
Current investments50/53€11k€11k=
Cash at bank and in hand54/58€278k€305k▲
Deferred charges and accrued income490/1€3k€703▼
Equity and liabilities
Total equity and liabilities10/49€359k€376k▲
Equity10/15€297k€256k▼
Contributions10/11€6k€6k=
Reserves13€290k€250k▼
Distributable reserves133€290k€250k▼
Amounts payable17/49€63k€119k▲
Amounts payable within one year42/48€63k€119k▲
Financial debts43€43€49▲
Credit institutions430/8€43€49▲
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€35k€10k▼
Taxes450/3€35k€10k▼
Other amounts payable47/48€22k€108k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€769€2k▲
Gross operating margin9900€82k€78k▼
Operating profit (loss)9901€72k€65k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€71k€63k▼
Income taxes67/77€20k€18k▼
Profit (loss) for the period9904€51k€45k▼
Profit (loss) for the period to be appropriated9905€51k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€45k▼
Transfer from equity791/2€833€85k▲
Transfer to equity691/2€51k€45k▼
To other reserves6921€51k€45k▼
Profit to be distributed694/7€833€86k▲
Return on contributions (dividend)694€833€86k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A-€3k----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€10k€8k€9k€11k▲ 16.4%
Other operating charges640/8-€640€955€769€2k▲ 176%
Gross operating margin9900€71k€85k€86k€82k€78k▼ 5.1%
Operating profit (loss)9901€69k€74k€77k€72k€65k▼ 9.7%
Recurring financial income75€0-----
Financial charges65/66B-€2k€1k€1k€2k▲ 58.5%
Recurring financial charges65€123€2k€1k€1k€2k▲ 58.5%
Profit (loss) for the period before taxes9903€69k€72k€76k€71k€63k▼ 11.1%
Income taxes67/77€19k€20k€22k€20k€18k▼ 10.9%
Profit (loss) for the period9904€50k€53k€54k€51k€45k▼ 11.1%
Profit (loss) for the period to be appropriated9905€50k€53k€54k€51k€45k▼ 11.1%
Line20202021202220232024Change
Assets
Total assets20/58€322k€387k€348k€359k€376k▲ 4.5%
Fixed assets21/28€44k€33k€27k€21k€17k▼ 16.7%
Tangible fixed assets22/27€44k€33k€27k€21k€17k▼ 16.7%
Plant, machinery and equipment23----€780-
Furniture and vehicles24-€33k€27k€21k€16k▼ 20.4%
Current assets29/58€279k€353k€321k€339k€358k▲ 5.8%
Amounts receivable within one year40/41€47k€41k€42k€47k€41k▼ 12.0%
Trade receivables40-€41k€42k€47k€39k▼ 16.9%
Other amounts receivable41---€153€2k▲ 1,504%
Current investments50/53€11k€11k€11k€11k€11k=
Cash at bank and in hand54/58€220k€300k€264k€278k€305k▲ 9.9%
Deferred charges and accrued income490/1-€2k€4k€3k€703▼ 74.7%
Equity and liabilities
Total equity and liabilities10/49€322k€387k€348k€359k€376k▲ 4.5%
Equity10/15€223k€235k€246k€297k€256k▼ 13.5%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€216k€229k€240k€290k€250k▼ 13.8%
Non-distributable reserves130/1-€9k----
Reserves not available under the articles1311-€9k----
Distributable reserves133-€221k€240k€290k€250k▼ 13.8%
Profit (loss) carried forward14€8-----
Amounts payable17/49€100k€151k€102k€63k€119k▲ 90.0%
Amounts payable within one year42/48€100k€151k€101k€63k€119k▲ 90.0%
Financial debts43-€2k€31€43€49▲ 14.5%
Credit institutions430/8-€2k€31€43€49▲ 14.5%
Trade debts44€4k€9k€7k€6k€2k▼ 69.2%
Suppliers440/4-€9k€7k€6k€2k▼ 69.2%
Taxes, remuneration and social security45-€13k€31k€35k€10k▼ 72.1%
Taxes450/3-€13k€31k€35k€10k▼ 72.1%
Other amounts payable47/48-€127k€63k€22k€108k▲ 382%
Accrued charges and deferred income492/3--€362---
Line20202021202220232024Change
Profit (loss) for the period9904€50k€53k€54k€51k€45k▼ 11.1%
+ Depreciation and write-downs630€2k€10k€8k€9k€11k▲ 16.4%
Operating cash flow (approximation)€52k€63k€62k€60k€56k▼ 6.9%
Investment in fixed assets (approximation)-€0€-2k€-3k€-7k▼ 149%
Change in cash-€80k€-36k€14k€27k▲ 98.7%

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
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Highest result since 2018net €54k ▲2.1%
Operating result €77k, net result €54k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €41k ▼10.8%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
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 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 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, Hulshout · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1,609 m²
Building footprint
253 m²
Volume, LiDAR
1,151 m³
Parcel 13050B0268/00C002, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HAETEC
Groenstraat 38, 2235 HulshoutIT consultancy
since 20082.171.551.668
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13050B0268/00C002 Flanders 1,609 m² 1 · 253 m² 8.7 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,144 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

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