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HEIKEN

Active
Private limited companyfounded 200422 yrs activeHeikenweg (centrum) 36, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0863.440.055

HEIKEN has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.43M and a net result of €1.65M. Equity is growing by ~17.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 1720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
83 / 100
Excellent▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 3.63 against 4.81 in 2024), and 26.7% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
73.3%
Return on assets
16.2%
Age of the figures
14 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
elevated failure risk from 2 to 8 years 22 years 0 30 y
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 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 d early
2024
42 d early
2023
44 d early
2022
50 d early
2021
38 d early
2020
41 d early
2019
49 d early
← 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 months
Position in the running window
30-06-2026 close13-09-2026 today31-01-2027 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

Financials · fiscal year 2025, abbreviated schema

Equity
€7.43M▲ 5.2%
2024 · €7.06M
2019: €2.44M 2020: €3.39M 2021: €4.22M 2022: €5.34M 2023: €6.26M 2024: €7.06M
2019 → 2025
Total assets
€10.14M▲ 10.0%
2024 · €9.21M
2019: €6.38M 2020: €7.35M 2021: €7.80M 2022: €7.62M 2023: €8.72M 2024: €9.21M
2019 → 2025
Net result
€1.65M▲ 13.7%
2024 · €1.45M
2019: €636k 2020: €1.26M 2021: €1.62M 2022: €1.40M 2023: €1.24M 2024: €1.45M
2019 → 2025
Working capital
€5.45M▲ 7.4%
2024 · €5.07M
2019: €411k 2020: €1.60M 2021: €2.37M 2022: €3.51M 2023: €4.37M 2024: €5.07M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€4.22M-€5.34M▲ 26.5%€6.26M▲ 17.1%€7.06M▲ 12.8%€7.43M▲ 5.2%
Operating result€2.36M-€2.03M▼ 14.0%€1.80M▼ 11.5%€1.97M▲ 9.9%€2.27M▲ 14.9%
Net result€1.62M-€1.40M▼ 13.4%€1.24M▼ 11.4%€1.45M▲ 16.5%€1.65M▲ 13.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €2.36M€2.36MNet result 2021: €1.62M€1.62MOperating result 2022: €2.03M€2.03MNet result 2022: €1.40M€1.40MOperating result 2023: €1.80M€1.80MNet result 2023: €1.24M€1.24MOperating result 2024: €1.97M€1.97MNet result 2024: €1.45M€1.45MOperating result 2025: €2.27M€2.27MNet result 2025: €1.65M€1.65M20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.14M
Fixed assets €2.62M▼ 6.8%
Current assets €7.51M▲ 17.4%
Equity and liabilities €10.14M
Equity €7.43M▲ 5.2%
Provisions €2k▼ 45.6%
Debt €2.71M▲ 25.9%
The debt ratio rises from 23.4% to 26.7%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.81M
2024 · €2.63M
Cash flow
€2.19M
2024 · €2.10M
Solvency
73.3%
2024 · 76.6%
Current ratio
3.63
2024 · 4.81
Quick ratio
3.61
2024 · 4.77
Debt / equity
0.36
2024 · 0.30
ROE
22.2%
2024 · 20.5%
ROA
16.2%
2024 · 15.7%
Interest coverage
-1033.36
2024 · 28.94
Debt
€2.71M
2024 · €2.15M
Debt ≤ 1 year
€2.07M
2024 · €1.33M
Debt > 1 year
€545k
2024 · €799k
Income taxes
€725k
2024 · €670k
Staff costs
€1.13M
2024 · €1.03M
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€9.21M€10.14M
Fixed assets21/28€2.81M€2.62M
Intangible fixed assets21€23k€52k
Tangible fixed assets22/27€2.76M€2.54M
Land and buildings22€1.49M€1.33M
Plant, machinery and equipment23€1.14M€856k
Furniture and vehicles24€130k€100k
Assets under construction and advance payments27-€253k
Financial fixed assets28€30k€28k
Current assets29/58€6.40M€7.51M
Amounts receivable after more than one year29-€14k
Other amounts receivable291-€14k
Stocks and contracts in progress3€50k€50k=
Stocks30/36€50k€50k=
Amounts receivable within one year40/41€290k€438k
Trade receivables40€248k€405k
Other amounts receivable41€42k€33k
Current investments50/53€5.04M€5.77M
Cash at bank and in hand54/58€956k€1.18M
Deferred charges and accrued income490/1€64k€64k
Equity and liabilities
Total equity and liabilities10/49€9.21M€10.14M
Equity10/15€7.06M€7.43M
Contributions10/11€25k€25k=
Reserves13€6.98M€7.37M
Distributable reserves133€6.98M€7.37M
Profit (loss) carried forward14€0€0=
Investment grants15€57k€31k
Provisions and deferred taxes16€3k€2k
Deferred taxes168€3k€2k
Amounts payable17/49€2.15M€2.71M
Amounts payable after more than one year17€799k€545k
Financial debts170/4€799k€545k
Amounts payable within one year42/48€1.33M€2.07M
Current portion of amounts payable after more than one year42€317k€270k
Trade debts44€260k€446k
Suppliers440/4€260k€446k
Taxes, remuneration and social security45€163k€264k
Taxes450/3€84k€180k
Remuneration and social security454/9€79k€83k
Other amounts payable47/48€591k€1.09M
Accrued charges and deferred income492/3€23k€97k
Income statement Code20242025
Remuneration, social security and pensions62€1.03M€1.13M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€657k€547k
Other operating charges640/8€30k€34k
Non-recurring operating charges66A-€96k
Gross operating margin9900€3.69M€4.07M
Operating profit (loss)9901€1.97M€2.27M
Financial income75/76B€234k€99k
Recurring financial income75€234k€99k
Financial charges65/66B€91k€-3k
Recurring financial charges65€91k€-3k
Profit (loss) for the period before taxes9903€2.12M€2.37M
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€670k€725k
Profit (loss) for the period9904€1.45M€1.65M
Profit (loss) for the period to be appropriated9905€1.45M€1.65M
Appropriation of the result
Profit (loss) to be appropriated9906€1.45M€1.65M
Transfer from equity791/2€620k€1.25M
Transfer to equity691/2€1.45M€1.65M
To other reserves6921€1.45M€1.65M
Profit to be distributed694/7€620k€1.25M
Return on contributions (dividend)694€620k€1.25M
Social balance
Average headcount (FTE)908722.727.2

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
22-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial Highest result since 2019net €1.65M ▲13.7%
Net result €1.65M, the highest in the series.
2024
20-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
18-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
12-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial Liquidity doublescurrent ratio 5.40
Current ratio from 2.37 to 5.40; short-term debt falls from €1.73M to €798k.
30-06
Financial Equity above €5MEq €5.34M ▲26.5%
4 profitable years in a row build equity to €5.34M.
2021
24-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
21-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
13-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
13-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
22-12
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
2 directors, no change since 2023
Quirijnen, Rafaël
Director · since 25-04-2023
Current
Van Hasselt, Marleen
Director · since 25-04-2023
Current
25-04-2023 Quirijnen, Rafaël: Appointed as Director
25-04-2023 Van Hasselt, Marleen: Appointed as Director
Location & real-estate footprint
Registered office, Wuustwezel · 1 establishment unit since 2004
establishment The establishment unit on the map
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.

Heikenweg (centrum) 362990 Wuustwezel
Ground area
1,031 m²
Building footprint
164 m²
Volume, LiDAR
1,059 m³
Parcel 11026E0068/00G000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heiken
Heikenweg 36, 2990 WuustwezelGrowing of vegetables, melons, roots and tubers
since 20042.135.539.033
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11026E0068/00G000 Flanders 1,030 m² 1 · 164 m² 9.8 m · 2 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

2025 · 2 entries · 78,340 EUR awarded · 78,340 EUR paid
Year Entries awardedpaid
2025 2 78,340 EUR78,340 EUR
Schemes
Investeringssteun voor land- en tuinbouwers
1 entry · 77,997 EUR · 77,997 EUR paid · Vlaams Landbouwinvesteringsfonds
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 343 EUR · 343 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Wuustwezel2.135.539.033
2 permissions
Erkenning · Boerderij - Ander plantgoed en vermeerderingsmateriaal met plantenpaspoort · since 26-03-2026
Fruitteeltbedrijf · since 01-01-2006

Similar companies · same sector, comparable size

Of 1,344 companies in sector 01240 we hold annual accounts for 320. 84 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-02-2004
Fiscal year end30-06
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
01240Growing of pome and stone fruits
01121
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.