Heidehoeve
ActiveSummary
The computed 12-month bankruptcy probability of Heidehoeve is 2.2% (moderate). The 2024 annual accounts show equity of €45k and a net result of €-4k. Equity is growing by ~73.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 493 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability65▼-17
Solvency55▲+13
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.84 in 2023; short-term debt: 64.9% and cash: 1.2% of total assets), and 70% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
30%
Return on assets
-2.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
48 d late
2022
10 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€45k▼ 8.7%
2023 · €49k
2021: €9klowest in 4 years
2022: €17k▲ +78.1% vs 2021
2023: €49k▲ +194% vs 2022highest in 4 years
2024: €45k▼ -8.7% vs 2023
2021 → 2024
Total assets
€150k▼ 49.5%
2023 · €297k
2021: €18klowest in 4 years
2022: €153k▲ +733% vs 2021
2023: €297k▲ +94.2% vs 2022highest in 4 years
2024: €150k▼ -49.5% vs 2023
2021 → 2024
Net result
€-4k
2023 · €33k
2021: €-570
2022: €7k▲ +1393% vs 2021
2023: €33k▲ +341% vs 2022highest in 4 years
2024: €-4k▼ -113% vs 2023lowest in 4 years
2021 → 2024
Working capital
€-24k▲ 36.1%
2023 · €-38k
2021: €9khighest in 4 years
2022: €-47k▼ -595% vs 2021lowest in 4 years
2023: €-38k▲ +19.2% vs 2022
2024: €-24k▲ +36.1% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€9k-€17k▲ 78.1%€49k▲ 194%€45k▼ 8.7%
2021: €9klowest in 4 years
2022: €17k▲ +78.1% vs 2021
2023: €49k▲ +194% vs 2022highest in 4 years
2024: €45k▼ -8.7% vs 2023
Operating result€-409-€7k€39k▲ 432%€-1k
2021: €-409
2022: €7k▲ +1910% vs 2021
2023: €39k▲ +432% vs 2022highest in 4 years
2024: €-1k▼ -103% vs 2023lowest in 4 years
Net result€-570-€7k€33k▲ 341%€-4k
2021: €-570
2022: €7k▲ +1393% vs 2021
2023: €33k▲ +341% vs 2022highest in 4 years
2024: €-4k▼ -113% vs 2023lowest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1k after €39k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €150k
Fixed assets
€77k ▼ 20.9%
Current assets
€73k ▼ 63.4%
Equity and liabilities €150k
Equity
€45k ▼ 8.7%
Debt
€105k ▼ 57.7%
Debt's share of the balance-sheet total falls from 83.4% to 70.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €58k
Cash flow
€18k▼
2023 · €51k
Current ratio
0.75▼
2023 · 0.84
Quick ratio
0.05▼
2023 · 0.66
Debt to equity
2.33▼
2023 · 5.02
ROE
-9.5%▼
2023 · 65.9%
ROA
-2.9%▼
2023 · 10.9%
Interest coverage
6.85▼
2023 · 33.47
Debt ≤ 1 year
€97k▼
2023 · €238k
Debt > 1 year
€8k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€297k€150k▼
Fixed assets21/28€97k€77k▼
Tangible fixed assets22/27€97k€77k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€43k€29k▼
Leasing and similar rights25€14k€11k▼
Other tangible fixed assets26€33k€29k▼
Current assets29/58€200k€73k▼
Stocks and contracts in progress3€43k€68k▲
Stocks30/36€43k€68k▲
Amounts receivable within one year40/41€154k€2k▼
Trade receivables40€154k€2k▼
Other amounts receivable41-€29
Cash at bank and in hand54/58€1€2k▲
Deferred charges and accrued income490/1€2k€884▼
Equity and liabilities
Total equity and liabilities10/49€297k€150k▼
Equity10/15€49k€45k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€39k€35k▼
Amounts payable17/49€248k€105k▼
Amounts payable after more than one year17€10k€8k▼
Financial debts170/4€10k€8k▼
Amounts payable within one year42/48€238k€97k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43€15k-
Credit institutions430/8€15k-
Trade debts44€112k€8k▼
Suppliers440/4€112k€8k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€102k€81k▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€23k▲
Other operating charges640/8€839€2k▲
Gross operating margin9900€59k€24k▼
Operating profit (loss)9901€39k€-1k▼
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€38k€-4k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€33k€-4k▼
Profit (loss) for the period to be appropriated9905€33k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€35k▼
Profit (loss) brought forward from the previous period14P€7k€39k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2k | - | - |
| Remuneration, social security and pensions62 | - | €325 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4k | €18k | €23k | ▲ 23.2% |
| Other operating charges640/8 | €1k | €3k | €839 | €2k | ▲ 144% |
| Gross operating margin9900 | €599 | €15k | €59k | €24k | ▼ 59.7% |
| Operating profit (loss)9901 | €-409 | €7k | €39k | €-1k | ▼ 103% |
| Financial income75/76B | - | €0 | €4 | €0 | ▼ 92.7% |
| Recurring financial income75 | - | €0 | €4 | €0 | ▼ 92.7% |
| Financial charges65/66B | €161 | €30 | €2k | €3k | ▲ 82.5% |
| Recurring financial charges65 | €161 | €30 | €2k | €3k | ▲ 82.5% |
| Profit (loss) for the period before taxes9903 | €-570 | €7k | €38k | €-4k | ▼ 111% |
| Income taxes67/77 | - | - | €5k | - | - |
| Profit (loss) for the period9904 | €-570 | €7k | €33k | €-4k | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €-570 | €7k | €33k | €-4k | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €18k | €153k | €297k | €150k | ▼ 49.5% |
| Fixed assets21/28 | - | €63k | €97k | €77k | ▼ 20.9% |
| Tangible fixed assets22/27 | - | €63k | €97k | €77k | ▼ 20.9% |
| Land and buildings22 | - | €4k | €3k | €3k | ▼ 11.9% |
| Plant, machinery and equipment23 | - | €35k | €4k | €5k | ▲ 30.7% |
| Furniture and vehicles24 | - | - | €43k | €29k | ▼ 32.2% |
| Leasing and similar rights25 | - | - | €14k | €11k | ▼ 20.1% |
| Other tangible fixed assets26 | - | €24k | €33k | €29k | ▼ 13.3% |
| Current assets29/58 | €18k | €89k | €200k | €73k | ▼ 63.4% |
| Stocks and contracts in progress3 | - | €45k | €43k | €68k | ▲ 57.4% |
| Stocks30/36 | - | €45k | €43k | €68k | ▲ 57.4% |
| Amounts receivable within one year40/41 | €18k | €37k | €154k | €2k | ▼ 98.5% |
| Trade receivables40 | €16k | €29k | €154k | €2k | ▼ 98.6% |
| Other amounts receivable41 | €2k | €7k | - | €29 | - |
| Cash at bank and in hand54/58 | €824 | €7k | €1 | €2k | ▲ 348,187% |
| Deferred charges and accrued income490/1 | - | €241 | €2k | €884 | ▼ 60.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €18k | €153k | €297k | €150k | ▼ 49.5% |
| Equity10/15 | €9k | €17k | €49k | €45k | ▼ 8.7% |
| Contributions10/11 | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €-570 | €7k | €39k | €35k | ▼ 10.9% |
| Amounts payable17/49 | €9k | €136k | €248k | €105k | ▼ 57.7% |
| Amounts payable after more than one year17 | - | - | €10k | €8k | ▼ 24.2% |
| Financial debts170/4 | - | - | €10k | €8k | ▼ 24.2% |
| Amounts payable within one year42/48 | €9k | €136k | €238k | €97k | ▼ 59.1% |
| Current portion of amounts payable after more than one year42 | - | - | €2k | €2k | ▲ 8.9% |
| Financial debts43 | - | - | €15k | - | - |
| Credit institutions430/8 | - | - | €15k | - | - |
| Trade debts44 | €1k | €27k | €112k | €8k | ▼ 92.5% |
| Suppliers440/4 | €1k | €27k | €112k | €8k | ▼ 92.5% |
| Taxes, remuneration and social security45 | - | - | €7k | €6k | ▼ 11.0% |
| Taxes450/3 | - | - | €7k | €6k | ▼ 11.0% |
| Other amounts payable47/48 | €8k | €109k | €102k | €81k | ▼ 20.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-570 | €7k | €33k | €-4k | ▼ 113% |
| + Depreciation and write-downs630 | - | €4k | €18k | €23k | ▲ 23.2% |
| Operating cash flow (approximation) | €-570 | €12k | €51k | €18k | ▼ 63.8% |
| Investment in fixed assets (approximation) | - | - | €-52k | €-2k | ▲ 95.4% |
| Change in cash | - | €6k | €-7k | €2k | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 48 days late
2023
31-12
Financial
Highest result since 2021net €33k ▲341%
Operating result €39k, net result €33k, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 acts for this company are 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, Ravels · 1 establishment unit since 2020
Ground area
2,665 m²
Building footprint
214 m²
Volume, LiDAR
811 m³
Parcel 13048D0566/00C000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Heidehoeve
since 20202.310.669.563
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0566/00C000 | Flanders | 2,665 m² | 1 · 213 m² | 6.6 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
H & W
BE 0872.607.941
Beerse · Eq €45,077
Best Dal
BE 0790.402.619
Antwerpen · Eq €44,887
I.P.C.
BE 0802.785.559
Hoogstraten · Eq €44,878
OZ BESTRATINGEN
BE 0786.899.335
Genk · Eq €44,195
Agro eco
BE 0703.956.516
Wuustwezel · Eq €44,130
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 644 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
01430Raising of horses and other equines
01471Crop and animal production, hunting and related service activities
Scores and ratios are computed by Checked and are not a credit decision.