Skip to content

HEIST RECYCLING

Active
Public limited companyfounded 1985active for 41 yearsSchoorstraat 38, 2220 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0427.228.184

From the official registers: KBO 41 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HEIST RECYCLING has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €40,213. Equity has been stable since 2018 (±0.4% per year). Its solvency ranks better than 87% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 10-04-1985 Normal situation
Registered office
15 active companies are registered at this address Source: KBO register, as of 1 November 2026.
Activity
Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 2 others
Establishment unit
2.027.341.867 2220 Heist-op-den-Berg, since 01-08-1985
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • BV GEERT VANDERSTUKKENDirector
  • NV EERSELSDirector
  • NV NIEUW SPARTADirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€425,557
▲ 8.3%
Turnover
≈ €470,000
estimated
Profit
€40,213
▼ 77.9%
Equity
€3.5m
▼ 1.4%
Total assets
€3.8m
▼ 9.0%
Net result -78%: other schema
Filed on 19-06-2026, 42 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 2.68, cash €72,432, halvedlowers riskSize: total assets €3.8mFigures for financial year 2025 (filed on 19-06-2026)Founded in 1985Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 90.1% of total assets
Liquidity 52-4
short-term debt 2.4% · cash 1.9%
Profitability 70-4
return on assets 1.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,990 companies, NACE 68, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €330,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.68 (1.77 in 2024), above the usual 1.5. Short-term debt is 2.4% and cash 1.9% of total assets. 9.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 92% of them on solvency, 72% on liquidity, 72% on profitability and 36% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.68, cash €72,432, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 19-06-2026)
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
42 days early
2023
37 days early
2022
35 days early
2021
38 days early
2020
101 days early
2019
73 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 53 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025different schema filed ▼ 77.9% View
  • Positive: Higher solvency than 87% of companies in real estatesector median 38.3% · 5,789 companies 90.1% View
  • New directorslatest change 19-01-2026 · 3 in office 3 joined View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €40,213 8 years View

Comparable companies

These companies have the same main activity as HEIST RECYCLING: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.9m and €4.7m, founded between 1979 and 1993.

CompanyTotal assetsGross margin
HEIST RECYCLING Heist-op-den-Berg€3.8m€0.4m
IMMO - MARVIN Brasschaat€4.4m€0.3m
MARKEY INVEST Langemark-Poelkapelle€3.9m€0.5m
BEHEERSVENNOOTSCHAP DELVA Veurne€4.0m€0.3m
TANGO HALLE Halle€3.9m€0.5m
TPR - IMMO Poperinge€4.1m€0.4m
SANDRA Beveren-Kruibeke-Zwijndrecht€4.7m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 41 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HEIST RECYCLING

What is the company number of HEIST RECYCLING?
The company number of HEIST RECYCLING is 0427.228.184. The VAT number is the same number with BE in front: BE 0427.228.184.
Where is HEIST RECYCLING based?
The registered office is at Schoorstraat 38, 2220 Heist-op-den-Berg.Company details
What does HEIST RECYCLING do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of HEIST RECYCLING?
The legal form of HEIST RECYCLING is Public limited company (NV).
When was HEIST RECYCLING founded?
HEIST RECYCLING was founded on 10-04-1985.
Is HEIST RECYCLING still active?
Yes, HEIST RECYCLING is an active enterprise in the KBO register.
What is the turnover of HEIST RECYCLING?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €425,557 and 39 comparable companies (NACE 68203). It probably lies between €450,000 and €590,000.Financials
Is HEIST RECYCLING profitable?
In financial year 2025, HEIST RECYCLING made a profit of €40,213.
Where can I find the annual accounts of HEIST RECYCLING?
HEIST RECYCLING filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HEIST RECYCLING due?
HEIST RECYCLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.