HEGGE ID
ActiveHEGGE ID has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €270k and a net result of €-50k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 1936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+55
Solvency84▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 3.51 in 2023; short-term debt: 12.8% and cash: 20.8% of total assets), and 41.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
58.7%
Return on assets
-10.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-50k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
29 d late
2022
13 d early
2021
11 d early
2020
12 d late
2019
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€270k▼ 15.6%
2023 · €319k
2018: €661k
2019: €588k
2020: €528k
2021: €487k
2022: €466k
2023: €319k
2018 → 2024
Total assets
€459k=
2023 · €459k
2018: €824k
2019: €733k
2020: €659k
2021: €629k
2022: €605k
2023: €459k
2018 → 2024
Net result
€-50k▲ 65.9%
2023 · €-146k
2018: €-16k
2019: €-73k
2020: €-60k
2021: €-40k
2022: €-22k
2023: €-146k
2018 → 2024
Working capital
€127k▲ 38.9%
2023 · €91k
2018: €264k
2019: €225k
2020: €183k
2021: €161k
2022: €186k
2023: €91k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€528k-€487k▼ 7.6%€466k▼ 4.5%€319k▼ 31.4%€270k▼ 15.6%
Operating result€-54k-€-57k▼ 3.9%€-38k▲ 32.6%€-146k▼ 282%€-48k▲ 66.8%
Net result€-60k-€-40k▲ 33.4%€-22k▲ 45.6%€-146k▼ 569%€-50k▲ 65.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €48k in 2024 against €146k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €459k
Fixed assets
€273k▼ 17.5%
Current assets
€185k▲ 45.3%
Equity and liabilities €459k
Equity
€270k▼ 15.6%
Debt
€189k▲ 35.5%
The debt ratio rises from 30.4% to 41.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▲
2023 · €-84k
Cash flow
€10k▲
2023 · €-85k
Solvency
58.7%▼
2023 · 69.6%
Current ratio
3.15▼
2023 · 3.51
Quick ratio
3.15▼
2023 · 3.51
Debt / equity
0.70▲
2023 · 0.44
ROE
-18.5%▲
2023 · -45.7%
ROA
-10.9%▲
2023 · -31.8%
Interest coverage
70.62▲
2023 · -65.84
Debt
€189k▲
2023 · €140k
Debt ≤ 1 year
€59k▲
2023 · €36k
Debt > 1 year
€131k▲
2023 · €103k
Income taxes
€2k▲
2023 · €131
Staff costs
€132k▲
2023 · €116k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€459k€459k=
Fixed assets21/28€332k€273k▼
Tangible fixed assets22/27€328k€270k▼
Land and buildings22€287k€245k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€32k€18k▼
Financial fixed assets28€3k€3k=
Current assets29/58€128k€185k▲
Amounts receivable within one year40/41€35k€75k▲
Trade receivables40€34k€75k▲
Other amounts receivable41€835-
Cash at bank and in hand54/58€77k€95k▲
Deferred charges and accrued income490/1€15k€15k▲
Equity and liabilities
Total equity and liabilities10/49€459k€459k=
Equity10/15€319k€270k▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€294k€245k▼
Amounts payable17/49€140k€189k▲
Amounts payable after more than one year17€103k€131k▲
Financial debts170/4€103k€131k▲
Amounts payable within one year42/48€36k€59k▲
Current portion of amounts payable after more than one year42€5k-
Trade debts44€16k€35k▲
Suppliers440/4€16k€35k▲
Taxes, remuneration and social security45€15k€23k▲
Taxes450/3-€6k
Remuneration and social security454/9€15k€17k▲
Income statement
Code20232024
Non-recurring operating income76A€532-
Remuneration, social security and pensions62€116k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€59k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€36k€148k▲
Operating profit (loss)9901€-146k€-48k▲
Financial income75/76B€939€682▼
Recurring financial income75€939€622▼
Non-recurring financial income76B-€60
Financial charges65/66B€1k€157▼
Recurring financial charges65€1k€157▼
Profit (loss) for the period before taxes9903€-146k€-48k▲
Income taxes67/77€131€2k▲
Profit (loss) for the period9904€-146k€-50k▲
Profit (loss) for the period to be appropriated9905€-146k€-50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€294k€245k▼
Profit (loss) brought forward from the previous period14P€441k€294k▼
Social balance
Average headcount (FTE)90871.71.9▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation3 facts ▸
- General meeting, 01/09/2023
- Director appointment, Marion Vos (niet-statutaire bestuurder)
- Mandate compensation, Marion Vos
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-146k
Net result drops to €-146k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
Marion Vos
CurrentNon-statutory director · since 01-09-2023
01-09-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Hamont-Achel · 1 establishment unit since 2002
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.
Molenstraat 413930 Hamont-AchelGround area
876 m²
Building footprint
148 m²
Volume, LiDAR
533 m³
Parcel 72012C0542/00P000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEGGE ID BVBA
since 20022.095.533.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72012C0542/00P000 | Flanders | 876 m² | 1 · 148 m² | 6.5 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.
Similar companies · same sector, comparable size
J. DE ROUCK
BE 0461.540.549
Oosterzele · Eq €270k
ENGINEERS
BE 0471.351.209
Kapellen · Eq €270k
Crevitsdeprez
BE 0731.646.749
Gistel · Eq €270k
BUSINESS MANAGEMENT ADVICE
BE 0421.128.963
Waterloo · Eq €269k
BUREAU D'ETUDE STABILITE B.V.W.
BE 0471.699.419
Bassenge · Eq €270k
Of 11,554 companies in sector 71121 we hold annual accounts for 6,557. 4,943 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2001
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.