HEGA
ActiveHEGA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €704k and a net result of €87k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 2149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+15
Solvency99▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 3.53 against 2.69 in 2024), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.4%
Return on assets
7.4%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
14 d early
2023
on the day
2022
on the day
2021
on the day
2020
36 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€704k▲ 14.1%
2024 · €616k
2019: €462k
2020: €463k
2021: €523k
2022: €546k
2023: €607k
2024: €616k
2019 → 2025
Total assets
€1.18M▼ 1.1%
2024 · €1.20M
2019: €715k
2020: €707k
2021: €931k
2022: €913k
2023: €1.21M
2024: €1.20M
2019 → 2025
Net result
€87k▲ 51.2%
2024 · €58k
2019: €247k
2020: €29k
2021: €61k
2022: €23k
2023: €60k
2024: €58k
2019 → 2025
Working capital
€577k▲ 23.9%
2024 · €466k
2019: €423k
2020: €397k
2021: €374k
2022: €432k
2023: €445k
2024: €466k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€523k-€546k▲ 4.4%€607k▲ 11.1%€616k▲ 1.6%€704k▲ 14.1%
Operating result€87k-€39k▼ 55.0%€96k▲ 143%€96k▲ 0.5%€139k▲ 44.7%
Net result€61k-€23k▼ 62.0%€60k▲ 162%€58k▼ 4.5%€87k▲ 51.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 45% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€378k▼ 17.1%
Current assets
€806k▲ 8.7%
Equity and liabilities €1.18M
Equity
€704k▲ 14.1%
Provisions
€28k▼ 13.1%
Debt
€452k▼ 17.6%
The debt ratio falls from 45.8% to 38.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€217k▲
2024 · €181k
Cash flow
€166k▲
2024 · €143k
Solvency
59.4%▲
2024 · 51.5%
Current ratio
3.53▲
2024 · 2.69
Quick ratio
2.55▲
2024 · 1.89
Debt / equity
0.64▼
2024 · 0.89
ROE
12.4%▲
2024 · 9.4%
ROA
7.4%▲
2024 · 4.8%
Interest coverage
15.33▲
2024 · 12.39
Debt
€452k▼
2024 · €549k
Debt ≤ 1 year
€229k▼
2024 · €275k
Debt > 1 year
€222k▼
2024 · €274k
Income taxes
€45k▲
2024 · €33k
Staff costs
€163k▼
2024 · €308k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.20M€1.18M▼
Fixed assets21/28€457k€378k▼
Tangible fixed assets22/27€457k€378k▼
Land and buildings22€263k€251k▼
Plant, machinery and equipment23€40k€19k▼
Furniture and vehicles24€153k€108k▼
Financial fixed assets28€270€270=
Current assets29/58€741k€806k▲
Stocks and contracts in progress3€220k€223k▲
Stocks30/36€208k€214k▲
Contracts in progress37€12k€10k▼
Amounts receivable within one year40/41€371k€224k▼
Trade receivables40€368k€159k▼
Other amounts receivable41€3k€65k▲
Cash at bank and in hand54/58€134k€339k▲
Deferred charges and accrued income490/1€16k€19k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.18M▼
Equity10/15€616k€704k▲
Contributions10/11€25k€25k=
Reserves13€592k€679k▲
Tax-exempt reserves132€125k€108k▼
Distributable reserves133€467k€571k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€33k€28k▼
Deferred taxes168€33k€28k▼
Amounts payable17/49€549k€452k▼
Amounts payable after more than one year17€274k€222k▼
Financial debts170/4€274k€222k▼
Amounts payable within one year42/48€275k€229k▼
Current portion of amounts payable after more than one year42€56k€52k▼
Trade debts44€50k€27k▼
Suppliers440/4€50k€27k▼
Taxes, remuneration and social security45€23k€20k▼
Taxes450/3€14k€16k▲
Remuneration and social security454/9€9k€5k▼
Other amounts payable47/48€146k€130k▼
Accrued charges and deferred income492/3€0€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€308k€163k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€78k▼
Other operating charges640/8€2k€7k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€491k€387k▼
Operating profit (loss)9901€96k€139k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Non-recurring financial income76B€0-
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€86k€128k▲
Transfer from deferred taxes780€5k€4k▼
Income taxes67/77€33k€45k▲
Profit (loss) for the period9904€58k€87k▲
Transfer from tax-exempt reserves789€19k€17k▼
Profit (loss) for the period to be appropriated9905€76k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€104k▲
Transfer from equity791/2€48k€0▼
Transfer to equity691/2€76k€104k▲
To other reserves6921€76k€104k▲
Profit to be distributed694/7€48k€0▼
Return on contributions (dividend)694€48k€0▼
Social balance
Average headcount (FTE)90874.32.1▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €23k ▼62%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €500kEq €523k ▲13.1%
3 profitable years in a row build equity to €523k.
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 36 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
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.
Directors · office · real estate
Directors
1 act for this company is 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, Wuustwezel · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Baan 192990 WuustwezelGround area
4,531 m²
Building footprint
356 m²
Volume, LiDAR
1,623 m³
Parcel 11053E0509/00F000, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEGA BVBA
since 19912.054.639.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053E0509/00F000 | Flanders | 4,531 m² | 1 · 356 m² | 9.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,596 EUR awarded · 1,596 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 262 EUR | 262 EUR |
| 2024 | 1 | 432 EUR | 432 EUR |
| 2022 | 1 | 902 EUR | 902 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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EUROBAT
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LEVENSLANG ASSISTED LIVING, VARSENARE
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 7,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-07-1991
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
45211
45421
16230Manufacture of other builders' carpentry and joinery
20300
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.