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HEESTER

Active Private limited companyfounded 2019active for 7 yearsBleekvenweg 24, 2990 WuustwezelKBO/BCE: BE 0728.816.626
HEESTER
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Overview

Lifetime

6 annual accounts with figures on one time axis
peak €70,942 (2025)
€70,942▲ 106%
peak €50,138 (2025)
€50,138▲ 134%
peak €60,510 (2025)
€60,510▲ 20.1%
€96,617▲ 53.7%
Board4 names since 2019
3 directorsHEESTER Martijn Josephes and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €34,387 to €70,942Result from €21,434 to €50,138Equity from €50,372 to €60,510Debts from €62,848 to €96,617Cash from €24 to €9,091

Key points

from the 2025 annual accounts

Equity

€60,510 ▲ 20.1%

HEESTER has made a profit in every financial year since 2020.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober202020222024

The 2021 accounts came latest: 89 days after the end of the period.

Position in the sector

€50,138

Higher net result than 86% of companies in specialised construction. Sector median €10,184 · 35,124 companies.

Checked score

53
Fair
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.6% 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.5%▼ -0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.5%● unchanged vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.5%● unchanged vs 06-2025 08-2025: 3.1%▲ +0.6 percentage points vs 07-2025 09-2025: 3.0%▼ -0.1 percentage points vs 08-2025 10-2025: 4.3%▲ +1.3 percentage points vs 09-2025highest value 11-2025: 3.8%▼ -0.5 percentage points vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 3.8%● unchanged vs 02-2026 04-2026: 3.8%● unchanged vs 03-2026 05-2026: 3.7%▼ -0.1 percentage points vs 04-2026 06-2026: 3.6%▼ -0.1 percentage points vs 05-2026 07-2026: 3.4%▼ -0.2 percentage points vs 06-2026 08-2026: 4.2%▲ +0.8 percentage points vs 07-2026 09-2026: 2.3%▼ -1.9 percentage points vs 08-2026lowest value 10-2026: 2.3%● unchanged vs 09-2026lowest value 11-2026: 2.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

64-5equity 38.5% of total assets
25+3short-term debt 61.5% · cash 5.8%
100+8return on assets 31.9%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Founded in 2019
Size: total assets €157,127
Sector: Specialised construction activities (NACE 43)
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 41% of them on solvency, 15% on liquidity, 92% on profitability and 67% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as HEESTER has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of HEESTER itself is higher: 2.3% within 12 months. It rests on far more data about HEESTER than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for HEESTER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.86 (0.47 in 2024), below 1. Short-term debt is 61.5% and cash 5.8% of total assets. 61.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €157,127
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
48 days late
2022
6 days early
2021
89 days late
2020
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 September (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

HM
HEESTER Martijn Josephes
Director
HM
Heester Martijn
Director
HR
HEESTER RAPHAEL
Director
  • HEESTER Martijn Josephes 100 sharesdeed of 26-06-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0728816626
Purpose change “IJzerconstructies voor de bouw,tussenwanden in ijzer,lukken en deuren in ijzer,winkelinrichtingen in…” (deed in Dutch) · General meeting of 05-10-2023 · Gazette deed
Appointments: Heester Rafael (director) and Heester Martijn (director) General meeting of 26-09-2022 · Gazette deed
Incorporation Founding capital of €5,000, 100 shares · Founder: HEESTER Martijn Josephes · Appointment: HEESTER Martijn Josephes (director) · published on 26-06-2019 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
HEESTER Wuustwezel €157,127 €70,942 38.5% -
Wall Done Beveren-Kruibeke-Zwijndrecht €138,975 €71,163 46.3% -
D-SELCI Herenthout €136,464 €86,086 36.9% -
JITARIU CONSTRUCT Asse €156,454 €64,790 15.4% -
SONN Seraing €142,593 €69,550 26.4% -
E&E PAINTERS Evergem €172,676 €60,558 56.4% -
AR SOLUTIONS Kraainem €158,694 €63,059 79.9% -

These companies have the same main activity as HEESTER: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €136,000 and €173,000, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 24-06-2019Normal situation
Activity
Other specialised construction activitiesNACE 43990and 4 others
Establishment unit
2.290.611.1512990 Wuustwezel, since 24-06-2019
Financial year end
31 December
Peppol
Reachable since 24-11-2025
Company details

Annual accounts 2025

€70,942▲ 106%
≈ €360,000estimated
€50,138▲ 134%
€60,510▲ 20.1%
€157,127▲ 38.8%
Filing
Filed on 31-08-2026
Financials

Insights on HEESTER

HEESTER files the micro format. That format states no turnover. The gross margin rose from €25,691 in 2020 to €70,942 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-08-2026, 31 days late
€70,942
▲ 106%
€53,175
▲ 141%
€50,138
▲ 134%
-€13,748
▲ €19,714
38.5%
▼ 6.0 percentage points
0.86
▲ 0.39

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €360,000. Estimated: probably between €270,000 and €740,000.

Balance sheet

balance sheet total €157,127 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

38.5%

Higher than 41% of 35,136 companies in 2025.

0.86

Higher than 16% of 34,510 companies in 2025.

31.9%

Higher than 88% of 34,711 companies in 2025.

HEESTER Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 157,127113,22092,85780,28282,22544,244
20 --4198739401,329
21/28 74,25883,83442,13125,80218,97523,552
22/27 70,80880,38438,68125,80218,97523,552
23 40,73244,15736,58318,6556,5695,887
24 30,07636,2282,0977,14712,40617,665
28 3,4503,4503,450---
29/58 82,86929,38650,30853,60862,31019,363
3 33,85616,03315,32415,324--
30/36 33,85616,03315,32415,324--
40/41 35,5798,72028,23136,81761,34719,286
40 25,6114,23318,6989,69718,9075,870
41 9,9684,4879,53327,12042,44013,416
54/58 9,091244,4784852-
490/1 4,3434,6102,27598296177
Balance sheet: equity and liabilities
10/49 157,127113,22092,85780,28282,22544,244
10/15 60,51050,37244,93734,96931,8979,076
10/11 5,0005,0005,0005,0005,0005,000
14 55,51045,37239,93729,96926,8974,076
17/49 96,61762,84847,92045,31350,32835,169
17 ---2,8977,73912,475
170/4 ---2,8977,73912,475
42/48 96,61762,84847,92042,41542,58822,694
42 --3,2885,2325,1264,640
43 -----270
430/8 -----270
44 35,97024,53726,31115,41516,0307,284
440/4 35,97024,53726,31115,41516,0307,284
45 2,9373592,3206,7696,432-
450/3 2,9373592,3206,7696,432-
47/48 57,71037,95216,00015,00015,00010,500
Income statement
76A 9,108---826-
9900 70,94234,38739,98324,99150,35525,691
630 15,98210,5399,5417,1396,6299,920
640/8 1,7851,8132,514862504939
9901 53,17522,03427,92916,99043,22314,832
75/76B -597792,0691,529495
75 -597792,0691,529495
65/66B 459300419651498752
65 459300419651498752
9903 52,71621,79428,28918,40844,25414,576
67/77 2,5783592,3203376,432-
9904 50,13821,43425,96918,07137,82214,576
9905 50,13821,43425,96918,07137,82214,576
Appropriation of the result
9906 95,51061,37255,93744,96941,89714,576
14P 45,37239,93729,96926,8974,076-
694/7 40,00016,00016,00015,00015,00010,500
695 40,00016,00016,00015,00015,00010,500
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00486438.

Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00486438 PDF
31-12-2024 micro format 30-09-2025 2025-00526069 PDF
31-12-2023 micro format 17-09-2024 2024-00464666 PDF
31-12-2022 micro format 25-07-2023 2023-00274140 PDF
31-12-2021 micro format 28-10-2022 2022-20479668 PDF
31-12-2020 micro format 08-07-2021 2021-32700556 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
69,15732,57437,47024,12949,85224,752
66,12031,97435,50925,21044,45124,495
6,40552,14925,41613,5741,66332,856
9,067-4,4543,993483--
-13,748-33,4622,38811,19219,722-3,331
38.5%44.5%48.4%43.6%38.8%20.5%
0.860.471.051.261.460.85
0.510.210.730.901.460.85
1.601.251.071.301.583.88
82.9%42.6%57.8%51.7%118.6%160.6%
31.9%18.9%28.0%22.5%46.0%32.9%
over 100over 10089.3937.08over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,405€52,149€21,966€13,574€1,663
Financial fixed assets--€3,450--
€15,982€10,539€9,541€7,139€6,629

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on HEESTER

The operating result for 2025 is 141% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 55.5% to 61.5%. Equity and debt are higher.

Board & ownership

Board

3 directors, no change since 2022
HEESTER Martijn Josephes
Director (not named in the articles)
appointed by deed of 26-06-2019
listed in the 2025 annual accounts, filed on 31-08-2026
Heester Martijn
Director
appointed by deed of 30-11-2022
listed in the 2025 annual accounts, filed on 31-08-2026
HEESTER RAPHAEL
Director
listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
HEESTER Martijn Josephes
Director (not named in the articles)
Heester Martijn
Director
HEESTER RAPHAEL
Director
Heester Rafael
Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • HEESTER Martijn Josephes
    • Director (not named in the articles), appointed by deed of 26-06-2019, still in office
  • Heester Martijn
    • Director, since before 31-12-2021
  • HEESTER RAPHAEL
    • Director, since before 31-12-2023
  • Heester Rafael
    • Director, appointed by deed of 30-11-2022, no longer listed in the 2025 annual accounts

See the board, name and registered office on a given date →

Control

Founder
HEESTER Martijn Josephes
This company
HEESTER
Equity €60,510
Profit €50,138 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€605 in 2025
Source
deed of 26-06-2019

Articles of association

deed of 26-06-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 26-06-2019 ↗

Network & group

No group

HEESTER has no parent and no holdings in its annual accounts.

Earlier ties

Korfbalclub Kapellen
via HEESTER Martijn Josephes, no longer at Korfbalclub Kapellen · Chair · deed of 29-03-2019
 founded in 1974

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

12 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Highest result from 2020 to 2025 net €50,138 ▲134% The operating result of €53,175 and the net result of €50,138 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0728816626
Annual accounts 2024 filed PDFmicro format · 61 days late
2024
Annual accounts 2023 filed PDFmicro format · 48 days late
2023
Purpose change“IJzerconstructies voor de bouw,tussenwanden in ijzer,lukken en deuren in ijzer,winkelinrichtingen in…” (deed in Dutch) · General meeting of 05-10-20233 points ▸
  • General meeting, 05-10-2023
  • Purpose change, “IJzerconstructies voor de bouw,tussenwanden in ijzer,lukken en deuren in ijzer,winkelinrichtingen in ijzer,boren,draaien,frezen,vonkerosief…” (deed in Dutch)
  • Amendment of the articles, article 3
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 6 days before the deadline
2022
Appointments: Heester Rafael (director) and Heester Martijn (director)General meeting of 26-09-20223 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 89 days late
2021
Annual accounts 2020 filed PDFmicro format · 23 days before the deadline
2019
IncorporationFounding capital of €5,000, 100 shares · Founder: HEESTER Martijn Josephes · Appointment: HEESTER Martijn Josephes (director) · published on 26-06-20195 points ▸
  • Founder, HEESTER Martijn Josephes
  • Founding capital, €5,000, 100 shares
  • Registered office clause, Bleekvenweg 24, 2990 Wuustwezel
  • Board rule, 1
  • Director appointment, HEESTER Martijn Josephes (director (not named in the articles))
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Bleekvenweg 24, Wuustwezel

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 24 June 2019, HEESTER was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 Today the board has 3 members.3 Total assets went from €44,244 in 2020 to €157,127 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-06-2019
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0728.816.626
VAT number
BE 0728.816.626
Peppol ID
0208:0728816626
Other Peppol ID
9925:BE0728816626
Legal form
Private limited company
Status
Active, normal situation
Founded
24-06-2019
Financial year
ends on 31 December
Peppol
Reachable since 24-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
HEESTER in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-06-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 26-06-2019 (in Dutch)

Activities

NACEBEL 2025
43990 Other specialised construction activities main activity
43110 Demolition
43120 Site preparation
43240 Other construction installation
43350 Other building finishing work
Codes under NACEBEL 2008
43999 Specialised construction activities main activity
43110 Demolition
43120 Site preparation
43299 Specialised construction activities
43390 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“IJzerconstructies voor de bouw; Tussenwanden in ijzer; Lukken en deuren in ijzer; Winkelinrichtingen in ijzer; Boren; Draaien; Frezen…”
19 activities
  1. IJzerconstructies voor de bouw
  2. Tussenwanden in ijzer
  3. Lukken en deuren in ijzer
  4. Winkelinrichtingen in ijzer
  5. Boren
  6. Draaien
  7. Frezen
  8. Vonkerosief bewerken
  9. Schaven
  10. Lappen
  11. Tekfrezen
  12. Vlakken
  13. Zagen
  14. Slijpen
  15. Lassen, enz. van metalen stukken
  16. Ruimen van bouwterreinen
  17. Isolatiewerkzaamheden
  18. Overige werkzaamheden in verband met de afwerking van gebouwen, n.e.g.
  19. In het algemeen, metaalwerkzaamheden en constructies voor de bouw, zowel in aannemening als in onderaanneming
deed of 26-06-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Bleekvenweg 24 registered office 2990 Wuustwezel 2553011 Machining of metals 24-06-2019 2.290.611.151

Buildings and parcels at the address

Ground area
2,855 m²
Buildings
95 m²
Volume, LiDAR
698 m³
Tallest building
17.4 m
Buildings to scale, each on its own parcel
95 m², 17.4 m 95 m², 17.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11682F0083/00G0192,855 m² 1 · 95 m² 17.4 m · 1

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0728.816.626

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