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HEIGHT SOLUTIONS

Active
Private limited companyfounded 201412 yrs activeBroechemsesteenweg 1, 2531 Boechout, BelgiumKBO/BCE: BE 0544.930.954
Summary

HEIGHT SOLUTIONS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,414 and a net result of €8,883. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency65▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.91 in 2024; short-term debt: 47.6% and cash: 1% of total assets), but 60.5% of the assets are financed with debt.
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Signals

Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.5%
Return on assets
3.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 d early
2024
18 d early
2023
4 d early
2022
1 d early
2021
1 d early
2020
304 d late
2019
15 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

HEIGHT SOLUTIONS was incorporated on 24 January 2014.1 Total assets rose from EUR 232,655 in 2018 to EUR 261,738 in 2025 and headcount from 4 to 1.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€103,414▲ 8.4%
2024 · €95,363
Total assets
€261,738▼ 2.1%
2024 · €267,324
Net result
€8,883▼ 18.6%
2024 · €10,918
Working capital
€109,426▼ 0.2%
2024 · €109,591
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€25,871▼ 15.6%€54,454▲ 110%€19,004▼ 65.1%€25,143▲ 32.3%€21,509▼ 14.5%
Net result€8,478▼ 39.3%€19,298▲ 128%€7,760▼ 59.8%€10,918▲ 40.7%€8,883▼ 18.6%
Equity€59,046▲ 16.8%€78,344▲ 32.7%€85,304▲ 8.9%€95,363▲ 11.8%€103,414▲ 8.4%
Total assets€181,001▼ 10.6%€254,266▲ 40.5%€171,509▼ 32.5%€267,324▲ 55.9%€261,738▼ 2.1%
Debt€121,955▼ 19.7%€175,922▲ 44.3%€86,205▼ 51.0%€171,961▲ 99.5%€158,324▼ 7.9%
Working capital€60,298▼ 10.0%€61,335▲ 1.7%€85,586▲ 39.5%€109,591▲ 28.0%€109,426▼ 0.2%
Staff (FTE)1.82.4▲ 33.3%1.4▼ 41.7%1.2▼ 14.3%1.7▲ 41.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €25,871€25,871Net result 2021: €8,478€8,478Operating result 2022: €54,454€54,454Net result 2022: €19,298€19,298Operating result 2023: €19,004€19,004Net result 2023: €7,760€7,760Operating result 2024: €25,143€25,143Net result 2024: €10,918€10,918Operating result 2025: €21,509€21,509Net result 2025: €8,883€8,88320212022202320242025€0€10,000€20,000€30,000Operating result 2023: €19,004€19,000Net result 2023: €7,760€7,760Operating result 2024: €25,143€25,100Net result 2024: €10,918€10,900Operating result 2025: €21,509€21,500Net result 2025: €8,883€8,880202320242025
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €261,738
Fixed assets €27,741 ▼ 26.8%
Current assets €233,996 ▲ 2.0%
Equity and liabilities €261,738
Equity €103,414 ▲ 8.4%
Debt €158,324 ▼ 7.9%
Debt's share of the balance-sheet total falls from 64.3% to 60.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33,389▼
2024 · €34,269
Cash flow
€20,764▲
2024 · €20,044
Current ratio
1.88▼
2024 · 1.91
Quick ratio
1.85▼
2024 · 1.89
Debt to equity
1.53▼
2024 · 1.80
ROE
8.6%▼
2024 · 11.4%
ROA
3.4%▼
2024 · 4.1%
Interest coverage
7.11▲
2024 · 5.72
Debt ≤ 1 year
€124,570▲
2024 · €119,833
Debt > 1 year
€21,975▼
2024 · €41,454
Income taxes
€8,568▲
2024 · €8,334
Staff costs
€81,654▲
2024 · €72,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.6% went bankrupt
4.0% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,891 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€267,324€261,738▼
Fixed assets21/28€37,900€27,741▼
Tangible fixed assets22/27€37,900€27,741▼
Plant, machinery and equipment23€5,870€2,437▼
Furniture and vehicles24€32,030€25,304▼
Current assets29/58€229,424€233,996▲
Stocks and contracts in progress3€2,649€3,267▲
Stocks30/36€2,649€3,267▲
Amounts receivable within one year40/41€202,457€222,115▲
Trade receivables40€146,378€167,889▲
Other amounts receivable41€56,078€54,226▼
Cash at bank and in hand54/58€13,988€2,657▼
Deferred charges and accrued income490/1€10,331€5,957▼
Equity and liabilities
Total equity and liabilities10/49€267,324€261,738▼
Equity10/15€95,363€103,414▲
Contributions10/11€18,600€18,600=
Reserves13€62,253€71,063▲
Distributable reserves133€62,253€71,063▲
Profit (loss) carried forward14€14,510€13,750▼
Amounts payable17/49€171,961€158,324▼
Amounts payable after more than one year17€41,454€21,975▼
Financial debts170/4€41,454€21,975▼
Amounts payable within one year42/48€119,833€124,570▲
Current portion of amounts payable after more than one year42€18,442€19,461▲
Trade debts44€93,730€100,181▲
Suppliers440/4€93,730€100,181▲
Taxes, remuneration and social security45€6,802€4,094▼
Remuneration and social security454/9€6,802€4,094▼
Other amounts payable47/48€859€833▼
Accrued charges and deferred income492/3€10,674€11,779▲
Income statement Code20242025
Remuneration, social security and pensions62€72,433€81,654▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,126€11,880▲
Other operating charges640/8€9,171€4,427▼
Gross operating margin9900€115,873€119,470▲
Operating profit (loss)9901€25,143€21,509▼
Financial income75/76B€102€637▲
Recurring financial income75€102€637▲
Financial charges65/66B€5,993€4,695▼
Recurring financial charges65€5,993€4,695▼
Profit (loss) for the period before taxes9903€19,252€17,451▼
Income taxes67/77€8,334€8,568▲
Profit (loss) for the period9904€10,918€8,883▼
Profit (loss) for the period to be appropriated9905€10,918€8,883▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,284€23,393▼
Profit (loss) brought forward from the previous period14P€15,366€14,510▼
Transfer to equity691/2€10,915€8,810▼
To other reserves6921€10,915€8,810▼
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€77,888€102,813€74,373€72,433€81,654▲ 12.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,309€8,944€6,465€9,126€11,880▲ 30.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€38,586€25,944----
Other operating charges640/8€12,515€2,606€5,033€9,171€4,427▼ 51.7%
Gross operating margin9900€160,168€194,761€104,875€115,873€119,470▲ 3.1%
Operating profit (loss)9901€25,871€54,454€19,004€25,143€21,509▼ 14.5%
Financial income75/76B€228€5€374€102€637▲ 524%
Recurring financial income75€228€5€374€102€637▲ 524%
Financial charges65/66B€10,363€13,500€3,523€5,993€4,695▼ 21.7%
Recurring financial charges65€10,363€13,500€3,473€5,993€4,695▼ 21.7%
Non-recurring financial charges66B--€50---
Profit (loss) for the period before taxes9903€15,735€40,960€15,855€19,252€17,451▼ 9.4%
Income taxes67/77€7,258€21,661€8,095€8,334€8,568▲ 2.8%
Profit (loss) for the period9904€8,478€19,298€7,760€10,918€8,883▼ 18.6%
Profit (loss) for the period to be appropriated9905€8,478€19,298€7,760€10,918€8,883▼ 18.6%
Line20212022202320242025Change
Assets
Total assets20/58€181,001€254,266€171,509€267,324€261,738▼ 2.1%
Fixed assets21/28€8,197€29,742€17,134€37,900€27,741▼ 26.8%
Tangible fixed assets22/27€8,197€29,742€17,134€37,900€27,741▼ 26.8%
Plant, machinery and equipment23€4,910€13,154€9,424€5,870€2,437▼ 58.5%
Furniture and vehicles24€3,288€16,588€7,710€32,030€25,304▼ 21.0%
Current assets29/58€172,804€224,524€154,375€229,424€233,996▲ 2.0%
Stocks and contracts in progress3--€2,387€2,649€3,267▲ 23.3%
Stocks30/36--€2,387€2,649€3,267▲ 23.3%
Amounts receivable within one year40/41€162,503€207,512€122,417€202,457€222,115▲ 9.7%
Trade receivables40€137,423€159,028€88,506€146,378€167,889▲ 14.7%
Other amounts receivable41€25,080€48,484€33,912€56,078€54,226▼ 3.3%
Cash at bank and in hand54/58€10,301€17,012€17,788€13,988€2,657▼ 81.0%
Deferred charges and accrued income490/1--€11,782€10,331€5,957▼ 42.3%
Equity and liabilities
Total equity and liabilities10/49€181,001€254,266€171,509€267,324€261,738▼ 2.1%
Equity10/15€59,046€78,344€85,304€95,363€103,414▲ 8.4%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€24,285€43,583€51,338€62,253€71,063▲ 14.2%
Non-distributable reserves130/1€1,860€1,860€1,860---
Reserves not available under the articles1311€1,860€1,860€1,860---
Distributable reserves133€22,425€41,723€49,478€62,253€71,063▲ 14.2%
Profit (loss) carried forward14€16,161€16,161€15,366€14,510€13,750▼ 5.2%
Amounts payable17/49€121,955€175,922€86,205€171,961€158,324▼ 7.9%
Amounts payable after more than one year17€5,449€7,233€4,908€41,454€21,975▼ 47.0%
Financial debts170/4€5,449€7,233€4,908€41,454€21,975▼ 47.0%
Amounts payable within one year42/48€112,506€163,189€68,789€119,833€124,570▲ 4.0%
Current portion of amounts payable after more than one year42€21,253€7,670€2,325€18,442€19,461▲ 5.5%
Trade debts44€61,078€115,473€30,350€93,730€100,181▲ 6.9%
Suppliers440/4€61,078€115,473€30,350€93,730€100,181▲ 6.9%
Taxes, remuneration and social security45€25,186€35,025€35,296€6,802€4,094▼ 39.8%
Taxes450/3€14,606€21,880€15,098---
Remuneration and social security454/9€10,580€13,146€20,198€6,802€4,094▼ 39.8%
Other amounts payable47/48€4,989€5,020€818€859€833▼ 3.0%
Accrued charges and deferred income492/3€4,000€5,500€12,508€10,674€11,779▲ 10.4%
Line20212022202320242025Change
Profit (loss) for the period9904€8,478€19,298€7,760€10,918€8,883▼ 18.6%
+ Depreciation and write-downs630€5,309€8,944€6,465€9,126€11,880▲ 30.2%
Operating cash flow (approximation)€13,787€28,242€14,224€20,044€20,764▲ 3.6%
Investment in fixed assets (approximation)--€30,489€6,144-€29,892-€1,722▲ 94.2%
Change in cash-€6,711€776-€3,800-€11,331▼ 198%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
25-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Equity above €100,000Eq €103,414 ▲8.4%
6 profitable years in a row build equity to €103,414.
12-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
29-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €19,298 ▲128%
Operating result €54,454, net result €19,298, both a record.
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
28-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 304 days late
2020
30-09
Financial Back to profitnet €13,961
Net result €13,961 after one loss-making year.
15-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Weakest financial yearnet -€23,767
Net result drops to -€23,767, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 210 days late
2017
27-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 180 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Boechout · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
2,495 m²
Building footprint
508 m²
Volume, LiDAR
2,648 m³
Parcel 11047A0234/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
HEIGHT SOLUTIONS
Broechemsesteenweg 1, 2531 BoechoutManufacture of electrical equipment
since 20142.341.191.802
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11047A0234/00H000 Flanders 2,495 m² 1 · 508 m² 8.1 m · 2 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.

Recognitions · licences · registrations

Recognised contractor

9 categories
HEIGHT SOLUTIONS BV45297
category D20, class 1 · category D21, class 1 · category D22, class 1 · category D5, class 1 · category D8, class 1 · category F1, class 1 · category F2, class 1 · category F3, class 1 · category K2, class 1
decision 04-09-2025

Similar companies · same sector, comparable size

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,223 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
Founded24-01-2014
Fiscal year end30-09
Abbreviation NL HS
Activities, NACEBEL 2025
43990Other specialised construction activities
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0544930954
Also 9925:BE0544930954
Registered 30-10-2023

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.