Summary
HECHT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.3m and a net result of €297,187. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 19% of 2413 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2413 sector peers (2025).
NBB · sector comparisonPosition among 2413 sector peers
Solvency
better than 19%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
28 d late
2023
22 d early
2022
27 d early
2021
18 d late
2020
97 d late
2019
104 d late
← 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 25 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
In the rankings
#2 employer in Walloon Brabant, Financial services sector#4 company by total assets in Braine-l'Alleud, Finance and insurance sector#5 oldest company in Braine-l'Alleud, Finance and insurance sector
Equity
€4.3m▲ 7.5%
2024 · €4.0m
Net result
€297,187▲ 160%
2024 · €114,401
Total assets
€18.5m▲ 0.9%
2024 · €18.3m
Solvency
23.1%▲ 1.4pp
2024 · 21.7%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€18.8m▲ 1.6%€21.5m▲ 14.7%€21.8m▲ 1.3%€23.9m▲ 9.7%€23.2m▼ 3.0%
Operating result-€1.9m▲ 31.8%€171,056€398,708▲ 133%€505,330▲ 26.7%€600,702▲ 18.9%
Net result-€3.3m▼ 12.0%€75,020€56,221▼ 25.1%€114,401▲ 103%€297,187▲ 160%
Equity€3.7m▲ 664%€3.8m▲ 2.0%€3.9m▲ 1.5%€4.0m▲ 3.0%€4.3m▲ 7.5%
Total assets€18.4m▲ 24.3%€18.8m▲ 2.1%€18.1m▼ 3.6%€18.3m▲ 1.5%€18.5m▲ 0.9%
Debt€14.6m▲ 2.4%€15.0m▲ 2.1%€14.2m▼ 4.9%€14.4m▲ 1.1%€14.2m▼ 1.0%
Working capital-€2.2m▲ 18.9%€402,644-€1.3m-€1.1m▲ 13.7%-€1.8m▼ 66.5%
Solvency20.3%▲ 17.0pp20.3%=21.4%▲ 1.1pp21.7%▲ 0.3pp23.1%▲ 1.4pp
Staff (FTE)114.2▼ 6.0%113.5▼ 0.6%115.7▲ 1.9%113.2▼ 2.2%112.9▼ 0.3%
Why a figure moved sharply
- 2025 Net result +160% on 2024. Cause not known from the registers.
- 2021 Equity +664% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 19% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.5m
Fixed assets
€9.2m ▼ 2.7%
Current assets
€9.3m ▲ 5.1%
Equity and liabilities €18.5m
Equity
€4.3m ▲ 7.5%
Debt
€14.2m ▼ 1.0%
Debt's share of the balance-sheet total falls from 78.3% to 76.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
7.0%▲
2024 · 2.9%
ROA
1.6%▲
2024 · 0.6%
Debt ≤ 1 year
€11.1m▲
2024 · €9.9m
Debt > 1 year
€3.1m▼
2024 · €4.4m
Income taxes
-€63▼
2024 · €4,650
Staff costs
€8.7m▲
2024 · €8.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €21.2m | €24.0m | €25.3m | €26.8m | €27.8m | ▲ 3.7% |
| Turnover70 | €18.8m | €21.5m | €21.8m | €23.9m | €23.2m | ▼ 3.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €16,597 | €42,183 | €32,817 | €6,555 | -€18,450 | ▼ 381% |
| Other operating income74 | €2.0m | €2.2m | €2.6m | €2.9m | €3.2m | ▲ 10.6% |
| Non-recurring operating income76A | €386,375 | €229,563 | €871,905 | - | €1.4m | - |
| Operating charges60/66A | €23.1m | €23.9m | €24.9m | €26.3m | €27.2m | ▲ 3.4% |
| Goods for resale, raw materials and consumables60 | €8.1m | €9.6m | €10.0m | €10.6m | €11.0m | ▲ 3.4% |
| Purchases600/8 | €8.3m | €10.1m | €9.9m | €10.4m | €10.8m | ▲ 4.1% |
| Change in stocks: decrease (increase)609 | -€228,077 | -€566,656 | €58,805 | €228,622 | €162,152 | ▼ 29.1% |
| Services and other goods61 | €5.4m | €5.4m | €5.6m | €6.4m | €6.7m | ▲ 4.3% |
| Remuneration, social security and pensions62 | €6.9m | €7.4m | €8.0m | €8.4m | €8.7m | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.9m | €1.3m | €1.1m | €862,524 | €565,284 | ▼ 34.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €111,125 | €3,318 | €20,551 | -€130,751 | €126,968 | ▲ 197% |
| Other operating charges640/8 | €80,468 | €83,360 | €86,895 | €130,649 | €124,562 | ▼ 4.7% |
| Non-recurring operating charges66A | €577,365 | €45,512 | €65,681 | - | - | - |
| Operating profit (loss)9901 | -€1.9m | €171,056 | €398,708 | €505,330 | €600,702 | ▲ 18.9% |
| Financial income75/76B | €2,183 | €1.4m | €105,203 | €109,916 | €127,256 | ▲ 15.8% |
| Recurring financial income75 | €2,183 | €46,398 | €105,203 | €109,916 | €127,256 | ▲ 15.8% |
| Income from financial fixed assets750 | - | €20,305 | - | - | - | - |
| Income from current assets751 | - | - | €7,855 | €8,307 | €7,799 | ▼ 6.1% |
| Other financial income752/9 | €2,183 | €26,093 | €97,348 | €101,609 | €119,458 | ▲ 17.6% |
| Non-recurring financial income76B | - | €1.3m | - | - | - | - |
| Financial charges65/66B | €1.5m | €1.5m | €441,749 | €496,195 | €430,834 | ▼ 13.2% |
| Recurring financial charges65 | €164,046 | €214,134 | €440,823 | €496,195 | €430,834 | ▼ 13.2% |
| Debt charges650 | €55,919 | €106,855 | €304,337 | €304,379 | €260,085 | ▼ 14.6% |
| Other financial charges652/9 | €108,127 | €107,280 | €136,486 | €191,816 | €170,750 | ▼ 11.0% |
| Non-recurring financial charges66B | €1.3m | €1.3m | €926 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€3.4m | €39,401 | €62,163 | €119,051 | €297,124 | ▲ 150% |
| Income taxes67/77 | -€29,751 | -€35,619 | €5,942 | €4,650 | -€63 | ▼ 101% |
| Taxes670/3 | - | €3,763 | €6,884 | €4,650 | €5,450 | ▲ 17.2% |
| Tax adjustments and reversals of tax provisions77 | €29,751 | €39,382 | €942 | - | €5,513 | - |
| Profit (loss) for the period9904 | -€3.3m | €75,020 | €56,221 | €114,401 | €297,187 | ▲ 160% |
| Profit (loss) for the period to be appropriated9905 | -€3.3m | €75,020 | €56,221 | €114,401 | €297,187 | ▲ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18.4m | €18.8m | €18.1m | €18.3m | €18.5m | ▲ 0.9% |
| Formation expenses20 | €758,522 | €503,105 | €248,100 | €41,517 | €0 | ▼ 100.0% |
| Fixed assets21/28 | €10.7m | €9.3m | €9.3m | €9.5m | €9.2m | ▼ 2.7% |
| Intangible fixed assets21 | €152,261 | €85,035 | €44,510 | €20,455 | €5,257 | ▼ 74.3% |
| Tangible fixed assets22/27 | €10.0m | €9.2m | €9.3m | €9.5m | €9.2m | ▼ 2.5% |
| Land and buildings22 | €4.4m | €8.4m | €8.7m | €9.1m | €8.8m | ▼ 2.6% |
| Plant, machinery and equipment23 | €330,985 | €299,361 | €299,620 | €183,423 | €81,334 | ▼ 55.7% |
| Furniture and vehicles24 | €80,731 | €50,333 | €41,142 | €82,755 | €103,915 | ▲ 25.6% |
| Leasing and similar rights25 | €5.1m | €434,263 | €275,139 | €110,227 | €78,303 | ▼ 29.0% |
| Assets under construction and advance payments27 | - | - | - | - | €113,485 | - |
| Financial fixed assets28 | €582,330 | €1,330 | €1,465 | €1,492 | €1,492 | = |
| Affiliated companies280/1 | €581,000 | - | - | €0 | - | - |
| Participating interests280 | €581,000 | - | - | €0 | - | - |
| Other financial fixed assets284/8 | €1,330 | €1,330 | €1,465 | €1,492 | €1,492 | = |
| Amounts receivable and cash guarantees285/8 | €1,330 | €1,330 | €1,465 | €1,492 | €1,492 | = |
| Current assets29/58 | €6.9m | €9.0m | €8.5m | €8.8m | €9.3m | ▲ 5.1% |
| Stocks and contracts in progress3 | €1.6m | €2.2m | €2.2m | €2.1m | €1.8m | ▼ 12.3% |
| Stocks30/36 | €1.5m | €2.0m | €1.9m | €1.8m | €1.6m | ▼ 12.8% |
| Raw materials and consumables30/31 | €1.5m | €2.0m | €1.9m | €1.8m | €1.6m | ▼ 12.8% |
| Contracts in progress37 | €154,000 | €196,183 | €229,000 | €235,555 | €217,105 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €4.5m | €5.2m | €5.3m | €5.9m | €6.9m | ▲ 17.7% |
| Trade receivables40 | €4.2m | €4.6m | €4.8m | €5.2m | €6.1m | ▲ 17.6% |
| Other amounts receivable41 | €212,350 | €603,282 | €504,423 | €700,341 | €825,775 | ▲ 17.9% |
| Cash at bank and in hand54/58 | €801,383 | €1.4m | €845,312 | €826,085 | €477,635 | ▼ 42.2% |
| Deferred charges and accrued income490/1 | €51,606 | €129,588 | €145,827 | €63,420 | €80,611 | ▲ 27.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18.4m | €18.8m | €18.1m | €18.3m | €18.5m | ▲ 0.9% |
| Equity10/15 | €3.7m | €3.8m | €3.9m | €4.0m | €4.3m | ▲ 7.5% |
| Contributions10/11 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Capital10 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Issued capital100 | €4.9m | €4.9m | €4.9m | €4.9m | €4.9m | = |
| Outside capital11 | €3,213 | €3,213 | €3,213 | €3,213 | €3,213 | = |
| Share premium1100/10 | €3,213 | €3,213 | €3,213 | €3,213 | €3,213 | = |
| Revaluation surpluses12 | €6.6m | €6.6m | €6.6m | €6.1m | €5.9m | ▼ 2.8% |
| Reserves13 | €506,741 | €506,741 | €506,741 | €1.0m | €1.2m | ▲ 16.8% |
| Non-distributable reserves130/1 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Legal reserve130 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Tax-exempt reserves132 | €22,310 | €22,310 | €22,310 | €22,310 | €22,310 | = |
| Distributable reserves133 | €324,430 | €324,430 | €324,430 | €836,613 | €1.0m | ▲ 20.4% |
| Profit (loss) carried forward14 | -€8.2m | -€8.1m | -€8.1m | -€7.9m | -€7.7m | ▲ 3.7% |
| Amounts payable17/49 | €14.6m | €15.0m | €14.2m | €14.4m | €14.2m | ▼ 1.0% |
| Amounts payable after more than one year17 | €5.5m | €6.3m | €4.4m | €4.4m | €3.1m | ▼ 29.4% |
| Financial debts170/4 | €5.5m | €6.3m | €4.4m | €4.4m | €3.1m | ▼ 29.4% |
| Leasing and similar obligations172 | €1.0m | €626,337 | €340,277 | €941,676 | €863,221 | ▼ 8.3% |
| Credit institutions173 | €2.3m | €1.1m | €1.1m | €495,169 | €1.1m | ▲ 123% |
| Other loans174 | €2.1m | €4.6m | €2.9m | €3.0m | €1.1m | ▼ 61.7% |
| Other amounts payable178/9 | €1,740 | €1,788 | €1,830 | €1,840 | €1,373 | ▼ 25.4% |
| Amounts payable within one year42/48 | €9.2m | €8.6m | €9.8m | €9.9m | €11.1m | ▲ 12.0% |
| Current portion of amounts payable after more than one year42 | €970,466 | €1.4m | €1.5m | €915,205 | €476,433 | ▼ 47.9% |
| Financial debts43 | €652,586 | €714,301 | €1.5m | €1.4m | €1.7m | ▲ 21.2% |
| Credit institutions430/8 | €652,586 | €714,301 | €1.5m | €1.4m | €1.7m | ▲ 21.2% |
| Trade debts44 | €4.0m | €4.8m | €4.8m | €5.4m | €6.4m | ▲ 18.6% |
| Suppliers440/4 | €4.0m | €4.8m | €4.8m | €5.4m | €6.4m | ▲ 18.6% |
| Advances received on contracts in progress46 | - | - | - | - | €27,633 | - |
| Taxes, remuneration and social security45 | €3.5m | €1.6m | €2.0m | €2.2m | €2.3m | ▲ 8.8% |
| Taxes450/3 | €2.7m | €580,472 | €902,261 | €1.0m | €1.2m | ▲ 22.5% |
| Remuneration and social security454/9 | €782,781 | €985,166 | €1.1m | €1.1m | €1.1m | ▼ 3.2% |
| Other amounts payable47/48 | €71,204 | €11,996 | €646 | €646 | €100,646 | ▲ 15,484% |
| Accrued charges and deferred income492/3 | €1,050 | €50,696 | €60,609 | €37,284 | €77 | ▼ 99.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3.3m | €75,020 | €56,221 | €114,401 | €297,187 | ▲ 160% |
| + Depreciation and write-downs630 | €1.9m | €1.3m | €1.1m | €862,524 | €565,284 | ▼ 34.5% |
| Operating cash flow (approximation) | -€1.5m | €1.3m | €1.1m | €976,924 | €862,471 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | €146,798 | -€1.1m | -€1.0m | -€310,382 | ▲ 69.1% |
| Change in cash | - | €556,904 | -€512,975 | -€19,227 | -€348,450 | ▼ 1,712% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
Appointments: BOES & VERRUE (statutory auditor) and Stéphane Leclipteur (managing director)Resignation: Moore Audit SRL (statutory auditor)4 facts ▸
State Gazette act
Appointments: BOES & VERRUE (statutory auditor) and Stéphane Leclipteur (managing director)
Resignation: Moore Audit SRL (statutory auditor)4 facts ▸
- General meeting, 30-06-2025
- Auditor appointment, BOES & VERRUE (statutory auditor)
- Auditor resignation, Moore Audit SRL
- Director appointment, Stéphane Leclipteur (managing director)
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €75,020
Net result €75,020 after 2 loss-making years.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet -€3.3m
Net result drops to -€3.3m, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €2mEq €3.7m ▲664%
Equity rises from €488,249 to €3.7m.
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 97 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 104 days late
2019
31-12
Financial
Back to profitnet €661,911
Net result €661,911 after one loss-making year.
Show earlier events
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 36 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 55 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 24 acts read
About the unread acts
Of the 24 Belgian State Gazette acts we know for this company, 1 has been read. The other 23 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 office holder, last change in 2026
Day-to-day management 1
Stéphane Leclipteur
CurrentManaging director · since 01-09-2026
Statutory auditor 1
BOES & VERRUE
CurrentStatutory auditor · since 01-09-2026 · perm. rep.: Yannick Boes
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
23 of this company's 24 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Braine-l'Alleud · 2 establishment units since 2000
Ground area
2.3 ha
Building footprint
1.2 ha
Volume, LiDAR
12,357 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
HECHT
since 20002.093.811.712
HECHT SA
since 20202.322.912.052
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743G0190/00T000 | Wallonia | 1.2 ha | 1 · 9,547 m² | - |
| 25743G0190/00K000 | Wallonia | 1.1 ha | 1 · 2,126 m² | 8.3 m · 2 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.
Mandate history
2 people since 2026, 2 in office
- Day-to-day management
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Stéphane Leclipteur |
|
| BOES & VERRUE |
|
Structure & network
Part of the group
KORAMIC INVESTMENTS
49 companies
Group, risk and exposure
Owners and holdings
1 owner · 1 holdingChain of control
- KORAMIC INVESTMENTS
- BEVIZION
- HECHT
Highest known parent: KORAMIC INVESTMENTS. The sources do not say who stands above it.
Owners 1
- BEVIZIONparent100%
Holdings 1
-
100%
According to the 2025 annual accounts of HECHT 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
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
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Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded08-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
18120Other printing
64210Activities of holding companies
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0470577088
Also
9925:BE0470577088
Registered
27-02-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.