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HEECON

Active
Private limited companyfounded 198936 yrs activeMaxburgdreef 11, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0438.850.566
Summary

HEECON has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €611,819 and a net result of €955,582. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+28
Solvency45▲+2
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.38 in 2023; short-term debt: 44.5% and cash: 23.1% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
20.4%
Return on assets
31.8%
Age of the figures
21 mo
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 20-06-2026, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
41 d early
2024
40 d early
2023
47 d early
2022
31 d early
2021
23 d early
2020
32 d early
2019
42 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 37 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 21 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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

History

HEECON was incorporated on 9 November 1989.1 Total assets rose from EUR 2.5 million in 2018 to EUR 3 million in 2024 and headcount from 10.7 to 10.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€611,819▲ 9.0%
2023 · €561,237
Total assets
€3.0m▼ 2.4%
2023 · €3.1m
Net result
€955,582▲ 1,023%
2023 · €85,111
Working capital
€280,976▼ 39.0%
2023 · €460,918
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape 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
Operating result€612,405▲ 94.2%€503,842▼ 17.7%€317,948▼ 36.9%€113,382▼ 64.3%€995,161▲ 778%
Net result€577,661above the sector's middle half▲ 109%€483,371above the sector's middle half▼ 16.3%€294,410above the sector's middle half▼ 39.1%€85,111within the sector's middle half▼ 71.1%€955,582above the sector's middle half▲ 1,023%
Equity€713,647above the sector's middle half▲ 0.3%€593,363within the sector's middle half▼ 16.9%€566,126within the sector's middle half▼ 4.6%€561,237within the sector's middle half▼ 0.9%€611,819within the sector's middle half▲ 9.0%
Total assets€3.1mabove the sector's middle half▲ 11.9%€3.4mabove the sector's middle half▲ 10.6%€3.5mabove the sector's middle half▲ 1.9%€3.1mabove the sector's middle half▼ 12.1%€3.0mabove the sector's middle half▼ 2.4%
Debt€2.4m▲ 15.2%€2.8m▲ 19.3%€2.9m▲ 3.5%€2.5m▼ 14.2%€2.4m▼ 4.9%
Working capital-€12,455below the sector's middle half-€4,707below the sector's middle half▲ 62.2%€311,576within the sector's middle half€460,918above the sector's middle half▲ 47.9%€280,976within the sector's middle half▼ 39.0%
Solvency23.0%within the sector's middle half▼ 2.7pp17.3%below the sector's middle half▼ 5.7pp16.2%below the sector's middle half▼ 1.1pp18.2%below the sector's middle half▲ 2.1pp20.4%below the sector's middle half▲ 2.1pp
Current ratio0.99below the sector's middle half▼ 0.211.00below the sector's middle half▲ 0.011.22within the sector's middle half▲ 0.221.38within the sector's middle half▲ 0.161.21within the sector's middle half▼ 0.17
Return on assets (ROA)18.6%above the sector's middle half▲ 8.6pp14.1%above the sector's middle half▼ 4.5pp8.4%within the sector's middle half▼ 5.7pp2.8%within the sector's middle half▼ 5.6pp31.8%above the sector's middle half▲ 29.1pp
Staff (FTE)10.7within the sector's middle half▼ 4.5%12.4within the sector's middle half▲ 15.9%14above the sector's middle half▲ 12.9%11.4within the sector's middle half▼ 18.6%10.5within the sector's middle half▼ 7.9%
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250,000€500,000€750,000€1.0mOperating result 2020: €612,405€612,405Net result 2020: €577,661€577,661Operating result 2021: €503,842€503,842Net result 2021: €483,371€483,371Operating result 2022: €317,948€317,948Net result 2022: €294,410€294,410Operating result 2023: €113,382€113,382Net result 2023: €85,111€85,111Operating result 2024: €995,161€995,161Net result 2024: €955,582€955,58220202021202220232024€0€250,000€500,000€750,000€1mOperating result 2022: €317,948€318,000Net result 2022: €294,410€294,000Operating result 2023: €113,382€113,000Net result 2023: €85,111€85,100Operating result 2024: €995,161€995,000Net result 2024: €955,582€956,000202220232024
The operating result recovers in 2024; 2024 is 778% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.0m
Fixed assets €1.4m ▼ 0.3%
Current assets €1.6m ▼ 4.1%
Equity and liabilities €3.0m
Equity €611,819 ▲ 9.0%
Debt €2.4m ▼ 4.9%
Debt's share of the balance-sheet total falls from 81.8% to 79.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.3m▲
2023 · €429,056
Cash flow
€1.2m▲
2023 · €400,786
Quick ratio
0.88▲
2023 · 0.84
Debt to equity
3.91▼
2023 · 4.48
ROE
156.2%▲
2023 · 15.2%
Interest coverage
39.83▲
2023 · 13.72
Debt ≤ 1 year
€1.3m▲
2023 · €1.2m
Debt > 1 year
€1.1m▼
2023 · €1.3m
Income taxes
€6,054
Staff costs
€740,915▲
2023 · €718,972
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.0% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,613 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 · 60 lines
Balance sheet Code20232024
Assets
Total assets20/58€3.1m€3.0m▼
Fixed assets21/28€1.4m€1.4m▼
Intangible fixed assets21€7,187€2,309▼
Tangible fixed assets22/27€1.4m€1.4m▲
Land and buildings22€900,915€842,718▼
Plant, machinery and equipment23€68,830€82,077▲
Furniture and vehicles24€411,752€457,463▲
Current assets29/58€1.7m€1.6m▼
Stocks and contracts in progress3€654,250€440,500▼
Stocks30/36€654,250€440,500▼
Amounts receivable within one year40/41€376,327€456,748▲
Trade receivables40€361,493€423,869▲
Other amounts receivable41€14,834€32,879▲
Cash at bank and in hand54/58€631,082€694,840▲
Deferred charges and accrued income490/1€25,160€26,235▲
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.0m▼
Equity10/15€561,237€611,819▲
Contributions10/11€18,600€18,600=
Reserves13€542,637€593,219▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€540,777€591,359▲
Amounts payable17/49€2.5m€2.4m▼
Amounts payable after more than one year17€1.3m€1.1m▼
Financial debts170/4€433,398€506,266▲
Other amounts payable178/9€854,968€544,968▼
Amounts payable within one year42/48€1.2m€1.3m▲
Current portion of amounts payable after more than one year42€223,343€230,660▲
Financial debts43€375,000-
Credit institutions430/8€375,000-
Trade debts44€238,547€149,054▼
Suppliers440/4€238,547€149,054▼
Advances received on contracts in progress46€235,327-
Taxes, remuneration and social security45€63,685€52,633▼
Taxes450/3-€1,054
Remuneration and social security454/9€63,685€51,580▼
Other amounts payable47/48€90,000€905,000▲
Accrued charges and deferred income492/3-€2,490
Income statement Code20232024
Remuneration, social security and pensions62€718,972€740,915▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€315,674€272,214▼
Other operating charges640/8€18,892€19,940▲
Gross operating margin9900€1.2m€2.0m▲
Operating profit (loss)9901€113,382€995,161▲
Financial income75/76B€1,766€91▼
Recurring financial income75€1,766€91▼
Financial charges65/66B€31,521€33,616▲
Recurring financial charges65€31,271€31,816▲
Non-recurring financial charges66B€250€1,800▲
Profit (loss) for the period before taxes9903€83,627€961,636▲
Transfer from deferred taxes780€1,484-
Income taxes67/77-€6,054
Profit (loss) for the period9904€85,111€955,582▲
Transfer from tax-exempt reserves789€8,106-
Profit (loss) for the period to be appropriated9905€93,217€955,582▲
Appropriation of the result
Profit (loss) to be appropriated9906€93,217€955,582▲
Transfer to equity691/2€3,217€50,582▲
To other reserves6921€3,217€50,582▲
Profit to be distributed694/7€90,000€905,000▲
Directors or managers695€90,000€905,000▲
Social balance
Average headcount (FTE)908711.410.5▼

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€713,267€903,006€718,972€740,915▲ 3.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€268,822€341,644€320,438€315,674€272,214▼ 13.8%
Other operating charges640/8-€17,452€23,543€18,892€19,940▲ 5.5%
Gross operating margin9900€1.5m€1.6m€1.6m€1.2m€2.0m▲ 73.8%
Operating profit (loss)9901€612,405€503,842€317,948€113,382€995,161▲ 778%
Financial income75/76B-€353€20€1,766€91▼ 94.9%
Recurring financial income75€5,612€293€20€1,766€91▼ 94.9%
Non-recurring financial income76B-€60----
Financial charges65/66B-€28,611€29,462€31,521€33,616▲ 6.6%
Recurring financial charges65€24,018€25,360€27,934€31,271€31,816▲ 1.7%
Non-recurring financial charges66B-€3,250€1,528€250€1,800▲ 620%
Profit (loss) for the period before taxes9903€594,059€475,584€288,506€83,627€961,636▲ 1,050%
Transfer from deferred taxes780-€9,080€9,080€1,484--
Income taxes67/77€1,540€1,292€3,175-€6,054-
Profit (loss) for the period9904€577,661€483,371€294,410€85,111€955,582▲ 1,023%
Transfer from tax-exempt reserves789-€27,239€27,239€8,106--
Profit (loss) for the period to be appropriated9905€533,087€510,610€321,649€93,217€955,582▲ 925%
Line20202021202220232024Change
Assets
Total assets20/58€3.1m€3.4m€3.5m€3.1m€3.0m▼ 2.4%
Fixed assets21/28€1.7m€1.6m€1.8m€1.4m€1.4m▼ 0.3%
Intangible fixed assets21€18,077€17,216€18,393€7,187€2,309▼ 67.9%
Tangible fixed assets22/27€1.7m€1.6m€1.7m€1.4m€1.4m▲ 0.1%
Land and buildings22-€972,889€964,231€900,915€842,718▼ 6.5%
Plant, machinery and equipment23-€81,257€81,052€68,830€82,077▲ 19.2%
Furniture and vehicles24-€576,766€690,347€411,752€457,463▲ 11.1%
Financial fixed assets28€750-----
Current assets29/58€1.4m€1.8m€1.7m€1.7m€1.6m▼ 4.1%
Stocks and contracts in progress3€458,000€712,000€536,150€654,250€440,500▼ 32.7%
Stocks30/36-€712,000€536,150€654,250€440,500▼ 32.7%
Amounts receivable within one year40/41€322,117€560,140€343,185€376,327€456,748▲ 21.4%
Trade receivables40-€541,775€324,147€361,493€423,869▲ 17.3%
Other amounts receivable41-€18,365€19,038€14,834€32,879▲ 122%
Current investments50/53-€103,037€103,037---
Cash at bank and in hand54/58€571,368€364,012€731,690€631,082€694,840▲ 10.1%
Deferred charges and accrued income490/1-€48,087€31,479€25,160€26,235▲ 4.3%
Equity and liabilities
Total equity and liabilities10/49€3.1m€3.4m€3.5m€3.1m€3.0m▼ 2.4%
Equity10/15€713,647€593,363€566,126€561,237€611,819▲ 9.0%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€695,047€574,763€547,526€542,637€593,219▲ 9.3%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Tax-exempt reserves132-€35,345€8,106---
Distributable reserves133-€537,559€537,560€540,777€591,359▲ 9.4%
Provisions and deferred taxes16€19,643€10,563€1,484---
Deferred taxes168-€10,563€1,484---
Amounts payable17/49€2.4m€2.8m€2.9m€2.5m€2.4m▼ 4.9%
Amounts payable after more than one year17€962,453€1.0m€1.5m€1.3m€1.1m▼ 18.4%
Financial debts170/4-€646,457€661,453€433,398€506,266▲ 16.8%
Other amounts payable178/9-€393,037€836,537€854,968€544,968▼ 36.3%
Amounts payable within one year42/48€1.4m€1.8m€1.4m€1.2m€1.3m▲ 9.1%
Current portion of amounts payable after more than one year42-€188,607€245,335€223,343€230,660▲ 3.3%
Financial debts43-€350,000€450,000€375,000--
Credit institutions430/8-€350,000€450,000€375,000--
Trade debts44€233,180€532,313€238,727€238,547€149,054▼ 37.5%
Suppliers440/4-€532,313€238,727€238,547€149,054▼ 37.5%
Advances received on contracts in progress46-€124,942€14,537€235,327--
Taxes, remuneration and social security45-€85,664€90,813€63,685€52,633▼ 17.4%
Taxes450/3-€2,203€2,494-€1,054-
Remuneration and social security454/9-€83,462€88,319€63,685€51,580▼ 19.0%
Other amounts payable47/48-€510,457€394,553€90,000€905,000▲ 906%
Accrued charges and deferred income492/3----€2,490-
Line20202021202220232024Change
Profit (loss) for the period9904€577,661€483,371€294,410€85,111€955,582▲ 1,023%
+ Depreciation and write-downs630€268,822€341,644€320,438€315,674€272,214▼ 13.8%
Operating cash flow (approximation)€846,483€825,015€614,848€400,786€1.2m▲ 206%
Investment in fixed assets (approximation)--€281,574-€426,334€49,665-€268,096▼ 640%
Change in cash--€207,355€367,677-€100,607€63,758▲ 163%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
21-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €955,582 ▲1,023%
Operating result €995,161, net result €955,582, both a record.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €85,111 ▼71.1%
Net result drops to €85,111, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Hoogstraten · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
132 m²
Building footprint
156 m²
Volume, LiDAR
771 m³
Parcel 13020E0538/00R000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HEECON
Maxburgdreef 11, 2321 HoogstratenManufacture of machinery and equipment not elsewhere classified
since 19892.045.887.079
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13020E0538/00R000 Flanders 132 m² 1 · 156 m² 8.9 m · 2 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Metalco Oomen 100%
  2. HEECON

Highest known parent: Metalco Oomen. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 13,190 EUR awarded · 12,366 EUR paid
Year Entries awardedpaid
2025 2 3,966 EUR3,256 EUR
2024 1 750 EUR750 EUR
2023 1 1,985 EUR1,871 EUR
2022 1 6,489 EUR6,489 EUR
Schemes
4 entries · 12,190 EUR · 11,366 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 1,000 EUR · 1,000 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hoogstraten2.045.887.079
1 permission
Loonwerker - geen gebruik gewasbeschermingsmiddelen · since 01-01-2017

Dual-learning approval

2 live approvals · 2 ended
Hoeknaadlasser duaal (so)
Goedgekeurd · 2024 to 2029
Lassen-constructie duaal (so)
Goedgekeurd · 2024 to 2029
Show 2 ended approvals
Hoeknaadlasser (so)
discontinued · 2020 to 2025
Lasser MIG/MAG (so)
ended · 2016 to 2021

Similar companies · same sector, comparable size

Of 21,227 companies in sector 81300 we hold annual accounts for 4,369. 2,424 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
Founded09-11-1989
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
81300Landscape service activities
28300Manufacture of machinery and equipment not elsewhere classified
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438850566
Also 9925:BE0438850566
Registered 30-01-2026

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

Register as of 29 September 2026 · Peppol Directory

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