Financials
- Fiscal year
- 2025
- Total assets
- €96,271
- Loss
- -€11,311
- Solvency
- 0.9%
Total assets▲ 143%
Net result
20232025
HEINEN B&N
ActiveSummary
The computed 12-month bankruptcy probability of HEINEN B&N is 2.5% (moderate). The annual accounts of HEINEN B&N for fiscal year 2025 show a net loss of 93% of the equity at the start of that year. The 2025 annual accounts show equity of €840 and a net result of -€11,311. Equity is shrinking by ~47% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 32341 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€96,271total assets 2025
- Equity
- €840
- Loss
- -€11,311
Turnover not published (abridged schema)
Structure
Accounts 81 d early0 of 1 deed read
Why 50- Founded in 2023- Sector Specialised construction activities (NACE 43)- Equity €840 (0.9% of total assets)+ Size: total assets €96,271Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
26-30
equity 0.9% of total assets
Liquidity
50-42
short-term debt 18.6% · cash 4.3%
Profitability
18-50
return on assets -11.7%
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%▲ +4.4% vs 11-2024
01-2025: 0.9%▲ +0.8% vs 12-2024
02-2025: 1.0%▲ +3.0% vs 01-2025
03-2025: 1.0%▲ +8.5% vs 02-2025
04-2025: 1.1%▲ +4.8% vs 03-2025
05-2025: 1.2%▲ +5.6% vs 04-2025
06-2025: 0.7%▼ -37.1% vs 05-2025lowest value
07-2025: 0.7%● 0.0% vs 06-2025lowest value
08-2025: 0.8%▲ +5.4% vs 07-2025
09-2025: 0.8%▲ +2.7% vs 08-2025
10-2025: 0.8%● 0.0% vs 09-2025
11-2025: 0.8%● 0.0% vs 10-2025
12-2025: 0.8%● 0.0% vs 11-2025
01-2026: 0.8%▼ -2.3% vs 12-2025
02-2026: 0.8%● 0.0% vs 01-2026
03-2026: 0.8%▲ +2.9% vs 02-2026
04-2026: 0.8%▲ +2.5% vs 03-2026
05-2026: 0.8%▲ +1.8% vs 04-2026
06-2026: 2.5%▲ +203% vs 05-2026highest value
07-2026: 2.5%● 0.0% vs 06-2026highest value
08-2026: 2.5%● 0.0% vs 07-2026highest value
09-2026: 2.5%● 0.0% vs 08-2026highest value
10-2026: 2.5%● 0.0% vs 09-2026highest value
- Founded in 2023 raises the probability for this profile
- Size: total assets €96,271 lowers the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €840 (0.9% of total assets) raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.37 against 2.44 in 2024; short-term debt: 18.6% and cash: 4.3% of total assets), and 99.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 9%, liquidity 42%, profitability 14%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€11,311
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 32341 sector peers (2025).
NBB · sector comparisonPosition among 32341 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
81 d early
2024
77 d early
2023
56 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 71 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 May (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€11,311
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2024
- Next accounts
- by 31-07-2027
- 11-05-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 15-05-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 18-08-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.