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HEEDFELD ENGINEERING

Active
Private limited companyfounded 2025active for 1 yearHasseltsesteenweg 653, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 1022.244.792
Summary

HEEDFELD ENGINEERING has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,404 and a net result of €16,404. Its solvency ranks better than 54% of 11,675 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€37,130total assets 2025
Equity
€21,404
Profit
€16,404
Turnover not published (micro format)
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 65 days early
Why 95lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 2.13, cash €8,853Figures for financial year 2025 (filed 27-05-2026)Equity €21,404 (57.6% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 71, micro)
Financial strength
Strong
Solvency 83
equity 57.6% of total assets
Liquidity 60
short-term debt 42.4% · cash 23.8%
Profitability 100
return on assets 44.2%
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 0.1% (14,806 companies, NACE 71, micro)
Last 24 months 05-2026: 0.5%highest value 06-2026: 0.1%▼ -0.4 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.13, above the usual 1.5; short-term debt: 42.4% and cash: 23.8% of total assets), and 42.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 55% on solvency, 46% on liquidity and 88% on profitability.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 2.13, cash €8,853
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-05-2026)
NBB · annual accounts
lowers risk · Equity €21,404 (57.6% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
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 27-05-2026, 65 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
65 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: HEEDFELD Wim (director) ·…

Financials · financial year 2025, micro format

Equity
€21,404
Total assets
€37,130
Net result
€16,404
Working capital
€17,732

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €37,130
Fixed assets €3,672
Current assets €33,458
Equity and liabilities €37,130
Equity €21,404
Debt €15,726
Debt finances 42.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€21,957
Cash flow
€16,953
Current ratio
2.13
Debt to equity
0.73
ROE
76.6%
ROA
44.2%
Interest coverage
over 100
Debt ≤ 1 year
€15,726
Income taxes
€4,835

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,472 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% 1.8%
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 74.5% 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 11,280 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 · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€37,130
Fixed assets21/28€3,672
Tangible fixed assets22/27€3,672
Plant, machinery and equipment23€1,180
Furniture and vehicles24€2,492
Current assets29/58€33,458
Amounts receivable within one year40/41€24,605
Trade receivables40€24,605
Cash at bank and in hand54/58€8,853
Equity and liabilities
Total equity and liabilities10/49€37,130
Equity10/15€21,404
Contributions10/11€5,000
Reserves13€16,404
Distributable reserves133€16,404
Amounts payable17/49€15,726
Amounts payable within one year42/48€15,726
Trade debts44€1,146
Suppliers440/4€1,146
Taxes, remuneration and social security45€11,700
Taxes450/3€11,700
Other amounts payable47/48€2,880
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549
Other operating charges640/8€177
Gross operating margin9900€22,134
Operating profit (loss)9901€21,408
Financial charges65/66B€169
Recurring financial charges65€169
Profit (loss) for the period before taxes9903€21,239
Income taxes67/77€4,835
Profit (loss) for the period9904€16,404
Profit (loss) for the period to be appropriated9905€16,404
Appropriation of the result
Profit (loss) to be appropriated9906€16,404
Transfer to equity691/2€16,404
To other reserves6921€16,404

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549
Other operating charges640/8€177
Gross operating margin9900€22,134
Operating profit (loss)9901€21,408
Financial charges65/66B€169
Recurring financial charges65€169
Profit (loss) for the period before taxes9903€21,239
Income taxes67/77€4,835
Profit (loss) for the period9904€16,404
Profit (loss) for the period to be appropriated9905€16,404
Line2025
Assets
Total assets20/58€37,130
Fixed assets21/28€3,672
Tangible fixed assets22/27€3,672
Plant, machinery and equipment23€1,180
Furniture and vehicles24€2,492
Current assets29/58€33,458
Amounts receivable within one year40/41€24,605
Trade receivables40€24,605
Cash at bank and in hand54/58€8,853
Equity and liabilities
Total equity and liabilities10/49€37,130
Equity10/15€21,404
Contributions10/11€5,000
Reserves13€16,404
Distributable reserves133€16,404
Amounts payable17/49€15,726
Amounts payable within one year42/48€15,726
Trade debts44€1,146
Suppliers440/4€1,146
Taxes, remuneration and social security45€11,700
Taxes450/3€11,700
Other amounts payable47/48€2,880
Line2025
Profit (loss) for the period9904€16,404
+ Depreciation and write-downs630€549
Operating cash flow (approximation)€16,953

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-05-2026 2026-00124770

Similar companies · same sector, comparable size

Of the 11,512 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,713. 4,186 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

HEEDFELD ENGINEERING was incorporated on 11 April 2025 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
27-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
15-04
Gazette deed Incorporation
Appointment: HEEDFELD Wim (director) · Founder · Founding capital10 facts ▸
  • Incorporation, 08-04-2025
  • Founder, HEEDFELD Wim (2 times)
  • Founder, LAMBRECHTS An Marie
  • Founding capital
  • Founder, LAMBRECHTS An
  • Bank account, “BE32 7390 2630 6502”, EUR (deed in Dutch)
  • Other provision, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen” (deed in Dutch)
  • Registered office clause, “3700 Tongeren-Borgloon, Hasseltsesteenweg 653” (deed in Dutch)
  • Board rule, 1, “vergadering” (deed in Dutch)
  • Director appointment, HEEDFELD Wim (director)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded11-04-2025
Financial year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:1022244792
Also 9925:BE1022244792
Registered 18-04-2025

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

Register as of 18 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
697 m²
Building footprint
229 m²
Building volume
974 m³
Parcel 73062A0338/00T000, Flanders · tallest building 9.8 m. Linked by address, not a title deed.
1 establishment unit
HEEDFELD ENGINEERING
Hasseltsesteenweg 653, 3700 Tongeren-BorgloonEngineering and related technical consultancy, excluding land surveyors
since 2025unit no. 2.372.337.017
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
73062A0338/00T000 Flanders 697 m² 1 · 229 m² 9.8 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De activiteit van consultant in de ruime betekenis; De activiteit van ingenieur/adviseur; De activiteit van muzikant; Aan- en verkoop van…” (deed in Dutch)
10 activities (deed in Dutch)
  1. De activiteit van consultant in de ruime betekenis
  2. De activiteit van ingenieur/adviseur
  3. De activiteit van muzikant
  4. Aan- en verkoop van oldtimers,aan- en verkoop van onderdelen voor oldtimers,onderhoud en herstellingen aan oldtimers
  5. HR management en advies aan bedrijven op het vlak van human resources
  6. Organiseren en geven van opleidingen en workshops
  7. Teelt van gewassen,veeteelt,jacht en diensten in verband met deze activiteiten:Gemengd landbouwbedrijf
  8. Ondersteunende activiteiten in verband met de landbouw;activiteiten met betrekking tot gewassen na de oogst;Ondersteunende activiteiten in verband met de teelt van gewassen;Ondersteunende activiteiten in verband met de teelt van gewassen;Voorbereiden van landbouwvelden;Verhuur van landbouwmachines en -werktuigen met bedieningspersoneel;Ongediertebestrijding met betrekking tot de landbouw;Exploitatie van irrigatiesystemen voor de landbouw
  9. Exploitatie van en handel in onroerend goed;Verhuur en exploitatie van eigen of geleased onroerend goed;Verhuur en exploitatie van eigen of geleased onroerend goed;Verhuur en exploitatie van terreinen;Verhuur van grond en terreinen,ook indien bebouwd,voor landbouwdoeleinden
  10. Verhuur en lease;Verhuur en lease van andere machines en werktuigen en andere materiële goederen;Verhuur en lease van landbouwmachines en -werktuigen;Verhuur en lease van landbouwmachines en -werktuigen;Verhuur van landbouwtractoren en motoculteurs;Verhuur van machines en werktuigen voor de landbouw,veeteelt,bosbouw,zonder bedieningspersoneel

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Heedfeld Engineering BV
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, voor zover geen wijziging van taalregime” (deed in Dutch)

deed of 15-04-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Algemene vergadering bepaalt aantal, duur en bij meerdere bevoegdheid, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)

deed of 15-04-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Afgegeven aan aandeelhouders, vanaf inschrijving in register der aandeelhouders” (deed in Dutch)

deed of 15-04-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of March at 19:00

deed of 15-04-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Algemene vergadering kan een of meerdere vereffenaars aanduiden, bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie…” (deed in Dutch)

deed of 15-04-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningsaldo, 100” (deed in Dutch)
Other provision: “Bestemming nettowinst en reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
5 more provisions in the deed, see the deed of 15-04-2025

deed of 15-04-2025