HEFICON (0553.982.539): financials and annual accounts

HEFICON

Glabbeek ·KBO/BCE: BE 0553.982.539

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Balance sheet: assets
Total assets`20/58`	140,229	181,252	127,803	96,588	123,248	117,914	94,765	135,859	37,148	17,024	47,549
Fixed assets`21/28`	57,760	13,533	8,240	11,562	14,270	1,514	8,109	10,479	15,718	417	1,416
Tangible fixed assets`22/27`	57,760	13,533	8,240	11,562	14,270	1,514	8,109	10,479	15,718	417	1,416
Land and buildings`22`	37,484	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	10,006	11,231	1,637	79	158	236	315	-	-	-	-
Furniture and vehicles`24`	10,270	2,302	6,603	11,483	14,112	1,277	7,794	10,479	15,718	417	1,416
Current assets`29/58`	82,470	167,719	119,563	85,026	108,979	116,400	86,656	125,380	21,430	16,608	46,133
Stocks and contracts in progress`3`	1,448	1,448	1,448	1,448	1,448	4,146	6,472	80,047	-	-	4,099
Stocks`30/36`	1,448	1,448	1,448	1,448	1,448	4,146	6,472	4,146	-	-	-
Contracts in progress`37`	-	-	-	-	-	-	-	75,901	-	-	4,099
Amounts receivable within one year`40/41`	21,468	29,886	33,755	29,727	47,102	46,189	26,767	18,444	18,458	16,488	38,055
Trade receivables`40`	14,758	29,886	33,755	20,474	14,927	10,307	12,280	15,595	1,276	16,488	32,307
Other amounts receivable`41`	6,710	-	-	9,254	32,175	35,882	14,488	2,850	17,182	-	5,748
Cash at bank and in hand`54/58`	57,082	133,673	82,331	51,799	58,231	64,696	51,359	26,889	2,972	119	3,979
Deferred charges and accrued income`490/1`	2,473	2,712	2,029	2,052	2,198	1,369	2,058	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	140,229	181,252	127,803	96,588	123,248	117,914	94,765	135,859	37,148	17,024	47,549
Equity`10/15`	114,014	85,445	32,096	82,104	74,620	95,524	56,877	41,357	10,774	-29,246	1,154
Contributions`10/11`	-	-	-	20,000	20,000	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	20,000	20,000	20,000	20,000	20,000
Uncalled capital`101`	-	-	-	-	-	-	7,600	7,600	7,600	7,600	7,600
Reserves`13`	113,800	85,300	32,000	62,020	54,620	83,120	54,620	50,020	30,020	-	-
Non-distributable reserves`130/1`	-	-	-	2,000	2,000	2,000	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	2,000	2,000	2,000	-	-
Reserves not available under the articles`1311`	-	-	-	2,000	2,000	2,000	-	-	-	-	-
Distributable reserves`133`	113,800	85,300	32,000	60,020	52,620	81,120	52,620	48,020	28,020	-	-
Profit (loss) carried forward`14`	214	145	96	84	-	4	-10,143	-21,063	-31,646	-41,646	-11,246
Amounts payable`17/49`	26,215	95,807	95,707	14,483	48,628	22,389	37,888	94,502	26,374	46,270	46,395
Amounts payable within one year`42/48`	26,215	95,807	95,707	9,377	43,917	16,087	31,206	88,992	21,071	43,736	42,899
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	212	-	179	-	-
Financial debts`43`	-	-	-	-	-	-	-	398	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	398	-	-	-
Trade debts`44`	1,523	3,259	16,830	4,175	1,916	3,151	12,736	66,781	1,285	9,060	5,877
Suppliers`440/4`	1,523	3,259	16,830	4,175	1,916	3,151	12,736	66,781	1,285	9,060	5,877
Taxes, remuneration and social security`45`	24,693	21,484	15,657	5,201	14,487	12,936	16,258	20,381	19,606	807	500
Taxes`450/3`	24,693	21,484	15,657	5,201	14,487	12,936	16,258	11,381	15,106	807	500
Remuneration and social security`454/9`	-	-	-	-	-	-	-	9,000	4,500	-	-
Other amounts payable`47/48`	-	71,064	63,220	-	27,515	-	2,000	1,433	-	33,869	36,522
Accrued charges and deferred income`492/3`	-	-	-	5,107	4,711	6,302	6,682	5,510	5,302	2,534	3,496
Income statement
Gross operating margin`9900`	51,228	119,117	44,132	16,836	46,715	62,629	31,556	49,703	53,753	-28,789	-8,596
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,535	5,175	5,271	4,815	4,244	6,595	6,595	5,239	5,656	1,000	1,583
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-2,073	2,073	-	-	-	-	-	-
Other operating charges`640/8`	2,009	3,167	2,051	2,136	1,977	1,369	1,228	1,525	1,412	496	1,043
Operating profit (loss)`9901`	42,684	110,774	36,810	11,959	38,421	54,665	23,733	42,939	46,685	-30,285	-11,222
Financial income`75/76B`	136	48	46	30	1	8	0	42	212	25	16
Recurring financial income`75`	136	48	46	30	1	8	0	42	212	25	16
Financial charges`65/66B`	334	321	345	296	228	225	187	190	211	140	40
Recurring financial charges`65`	334	321	345	296	228	225	187	190	211	140	40
Profit (loss) for the period before taxes`9903`	42,487	110,501	36,511	11,692	38,194	54,448	23,545	42,790	46,685	-30,400	-11,246
Income taxes`67/77`	13,918	37,152	10,799	4,208	10,684	15,800	6,025	12,208	6,665	-	-
Profit (loss) for the period`9904`	28,569	73,349	25,712	7,484	27,510	38,648	17,520	30,582	40,020	-30,400	-11,246
Profit (loss) for the period to be appropriated`9905`	28,569	73,349	25,712	7,484	27,510	38,648	17,520	30,582	40,020	-30,400	-11,246
Appropriation of the result
Profit (loss) to be appropriated`9906`	28,714	73,445	25,796	7,484	27,515	28,504	-3,543	-1,063	-1,626	-41,646	-11,246
Profit (loss) brought forward from the previous period`14P`	145	96	84	-	4	-	-	-	-	-	-
Transfer from equity`791/2`	-	20,000	30,020	-	28,500	-	-	-	-	-	-
Transfer to equity`691/2`	28,500	73,300	-	7,400	-	28,500	4,600	20,000	30,020	-	-
To the legal reserve`6920`	28,500	-	-	7,400	-	-	-	-	2,000	-	-
To other reserves`6921`	-	73,300	-	-	-	28,500	4,600	20,000	28,020	-	-
Profit to be distributed`694/7`	-	20,000	55,720	-	56,015	-	2,000	-	-	-	-
Return on contributions (dividend)`694`	-	20,000	55,720	-	56,015	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	2,000	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	01-07-2026	2026-00250046	PDF
31-12-2024	micro format	30-06-2025	2025-00207774	PDF
31-12-2023	micro format	16-07-2024	2024-00268441	PDF
31-12-2022	micro format	03-07-2023	2023-00189798	PDF
31-12-2021	micro format	26-07-2022	2022-20221424	PDF
31-12-2020	micro format	12-07-2021	2021-35400103	PDF
31-12-2019	micro format	02-10-2020	2020-58600230	PDF
31-12-2018	micro format	09-07-2019	2019-32300347	PDF
31-12-2017	abbreviated format	09-07-2018	2018-30900045	PDF
31-12-2016	abbreviated format	30-07-2017	2017-39800460	PDF
31-12-2015	abbreviated format	27-06-2016	2016-23000296	PDF

Year	Entries	Awarded	Paid
2024	1	€0	€266
2023	1	€362	€96

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EBITDA	49,219	115,949	42,081	16,774	42,665	61,260	30,328	48,178	52,341	-29,285	-9,639
Cash flow	35,104	78,524	30,982	12,299	31,754	45,243	24,115	35,822	45,676	-29,400	-9,663
Investment in fixed assets (approximation)	50,762	11,452	1,949	2,107	17,000	0	4,225	0	20,957	1	3,000
Change in cash	-76,592	51,342	30,532	-6,432	-6,465	13,337	24,470	23,917	2,852	-3,860	-
Working capital	56,254	71,912	23,856	75,649	65,061	100,313	55,450	36,388	359	-27,128	3,234
Solvency	81.3%	47.1%	25.1%	85.0%	60.5%	81.0%	60.0%	30.4%	29.0%	-171.8%	2.4%
Current ratio	3.15	1.75	1.25	9.07	2.48	7.24	2.78	1.41	1.02	0.38	1.08
Quick ratio	3.09	1.74	1.23	8.91	2.45	6.98	2.57	0.51	1.02	0.38	0.98
Debt to equity	0.23	1.12	2.98	0.18	0.65	0.23	0.67	2.29	2.45	-	40.20
ROE	25.1%	85.8%	80.1%	9.1%	36.9%	40.5%	30.8%	73.9%	371.4%	-	-974.5%
ROA	20.4%	40.5%	20.1%	7.7%	22.3%	32.8%	18.5%	22.5%	107.7%	-178.6%	-23.7%
Interest coverage	over 100	over 100	over 100	56.61	over 100	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€50,762	€11,452	€1,949	€2,107	€17,000
Depreciation and write-downs of the year	€6,535	€5,175	€5,271	€4,815	€4,244

HEFICON

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency81.3%

Current ratio3.15

Return on assets20.4%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2023 to 2024, 2 entries, €362 awarded, €362 paid

Key figures and ratios

Investments

Insights on HEFICON

Next steps