HEKA
ActiveSummary
HEKA has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €362,807 and a net result of -€75,735. Equity is shrinking by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 1939 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-35
Solvency62▼-4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.32 in 2023; short-term debt: 27% and cash: 6.5% of total assets), and 62.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
37.3%
Return on assets
-7.8%
Age of the figures
21 mo
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
17 d early
2023
13 d early
2022
26 d early
2021
24 d late
2020
19 d late
2019
21 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 10 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 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 What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Equity
€362,807▼ 17.3%
2023 · €438,541
Total assets
€972,236▼ 8.5%
2023 · €1.1m
Net result
-€75,735
2023 · €11,800
Working capital
€92,044▼ 26.4%
2023 · €125,048
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€31,880€4,593€85,895▲ 1,770%€67,751▼ 21.1%-€46,463
Net result-€62,428below the sector's middle half-€31,207below the sector's middle half▲ 50.0%€26,102within the sector's middle half€11,800within the sector's middle half▼ 54.8%-€75,735below the sector's middle half
Equity€431,847within the sector's middle half▼ 12.6%€400,640within the sector's middle half▼ 7.2%€426,742within the sector's middle half▲ 6.5%€438,541within the sector's middle half▲ 2.8%€362,807within the sector's middle half▼ 17.3%
Total assets€1.3mwithin the sector's middle half▼ 12.6%€1.2mwithin the sector's middle half▼ 9.0%€1.3mwithin the sector's middle half▲ 5.3%€1.1mwithin the sector's middle half▼ 15.7%€972,236within the sector's middle half▼ 8.5%
Debt€884,472▼ 12.6%€797,697▼ 9.8%€834,612▲ 4.6%€624,235▼ 25.2%€609,430▼ 2.4%
Working capital-€194,122below the sector's middle half▲ 5.2%-€102,040below the sector's middle half▲ 47.4%€34,718within the sector's middle half€125,048within the sector's middle half▲ 260%€92,044within the sector's middle half▼ 26.4%
Solvency32.8%within the sector's middle half=33.4%within the sector's middle half▲ 0.6pp33.8%within the sector's middle half▲ 0.4pp41.3%within the sector's middle half▲ 7.4pp37.3%within the sector's middle half▼ 3.9pp
Current ratio0.68below the sector's middle half=0.81below the sector's middle half▲ 0.131.06below the sector's middle half▲ 0.251.32within the sector's middle half▲ 0.261.35within the sector's middle half▲ 0.03
Return on assets (ROA)-4.7%below the sector's middle half▼ 7.5pp-2.6%below the sector's middle half▲ 2.1pp2.1%within the sector's middle half▲ 4.7pp1.1%within the sector's middle half▼ 1.0pp-7.8%below the sector's middle half▼ 8.9pp
Staff (FTE)9.2within the sector's middle half▲ 9.5%9.6within the sector's middle half▲ 4.3%9.1within the sector's middle half▼ 5.2%9.4above the sector's middle half▲ 3.3%9.3above the sector's middle half▼ 1.1%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €46,463 after €67,751 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €972,236
Fixed assets
€617,739 ▲ 13.9%
Current assets
€354,498 ▼ 31.9%
Equity and liabilities €972,236
Equity
€362,807 ▼ 17.3%
Debt
€609,430 ▼ 2.4%
Debt's share of the balance-sheet total rises from 58.7% to 62.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€96,100▼
2023 · €201,598
Cash flow
€66,829▼
2023 · €145,647
Quick ratio
0.85▼
2023 · 0.98
Debt to equity
1.68▲
2023 · 1.42
ROE
-20.9%▼
2023 · 2.7%
Interest coverage
3.16▼
2023 · 6.97
Debt ≤ 1 year
€262,453▼
2023 · €395,155
Debt > 1 year
€339,099▲
2023 · €220,454
Staff costs
€625,496▲
2023 · €597,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,321 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €558,365 | €534,759 | €597,711 | €625,496 | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €219,420 | €187,358 | €143,252 | €133,847 | €142,563 | ▲ 6.5% |
| Other operating charges640/8 | - | €9,653 | €7,719 | €11,031 | €9,304 | ▼ 15.7% |
| Gross operating margin9900 | €706,630 | €759,968 | €771,624 | €810,340 | €730,900 | ▼ 9.8% |
| Operating profit (loss)9901 | -€31,880 | €4,593 | €85,895 | €67,751 | -€46,463 | ▼ 169% |
| Financial income75/76B | - | €1,664 | €1,770 | €1,118 | €1,151 | ▲ 2.9% |
| Recurring financial income75 | €1,887 | €1,664 | €1,770 | €1,118 | €1,151 | ▲ 2.9% |
| Financial charges65/66B | - | €24,800 | €28,764 | €28,934 | €30,423 | ▲ 5.1% |
| Recurring financial charges65 | €28,444 | €24,800 | €28,764 | €28,934 | €30,423 | ▲ 5.1% |
| Profit (loss) for the period before taxes9903 | -€58,438 | -€18,543 | €58,901 | €39,935 | -€75,735 | ▼ 290% |
| Income taxes67/77 | €3,990 | €12,664 | €32,799 | €28,136 | - | - |
| Profit (loss) for the period9904 | -€62,428 | -€31,207 | €26,102 | €11,800 | -€75,735 | ▼ 742% |
| Profit (loss) for the period to be appropriated9905 | -€62,428 | -€31,207 | €26,102 | €11,800 | -€75,735 | ▼ 742% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.3m | €1.1m | €972,236 | ▼ 8.5% |
| Fixed assets21/28 | €908,310 | €767,076 | €642,194 | €542,574 | €617,739 | ▲ 13.9% |
| Intangible fixed assets21 | €338,775 | €271,020 | €203,265 | €135,510 | €67,755 | ▼ 50.0% |
| Tangible fixed assets22/27 | €569,536 | €496,056 | €438,929 | €407,064 | €549,984 | ▲ 35.1% |
| Land and buildings22 | - | €386,785 | €355,771 | €324,757 | €296,686 | ▼ 8.6% |
| Plant, machinery and equipment23 | - | €92,741 | €76,401 | €75,573 | €69,915 | ▼ 7.5% |
| Furniture and vehicles24 | - | €12,455 | €6,757 | €6,735 | €5,172 | ▼ 23.2% |
| Leasing and similar rights25 | - | €4,075 | - | - | €178,211 | - |
| Current assets29/58 | €408,008 | €431,261 | €619,160 | €520,202 | €354,498 | ▼ 31.9% |
| Stocks and contracts in progress3 | €85,270 | €82,460 | €141,692 | €131,010 | €130,354 | ▼ 0.5% |
| Stocks30/36 | - | €82,460 | €141,692 | €131,010 | €130,354 | ▼ 0.5% |
| Amounts receivable within one year40/41 | €149,104 | €210,501 | €224,972 | €187,807 | €154,203 | ▼ 17.9% |
| Trade receivables40 | - | €168,816 | €185,972 | €156,870 | €121,787 | ▼ 22.4% |
| Other amounts receivable41 | - | €41,685 | €39,000 | €30,936 | €32,417 | ▲ 4.8% |
| Cash at bank and in hand54/58 | €165,121 | €129,082 | €244,791 | €191,552 | €62,945 | ▼ 67.1% |
| Deferred charges and accrued income490/1 | - | €9,218 | €7,704 | €9,834 | €6,995 | ▼ 28.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.3m | €1.1m | €972,236 | ▼ 8.5% |
| Equity10/15 | €431,847 | €400,640 | €426,742 | €438,541 | €362,807 | ▼ 17.3% |
| Contributions10/11 | - | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €306,847 | €275,640 | €301,742 | €313,541 | €237,807 | ▼ 24.2% |
| Non-distributable reserves130/1 | - | €12,500 | €12,500 | - | - | - |
| Reserves not available under the articles1311 | - | €12,500 | €12,500 | - | - | - |
| Distributable reserves133 | - | €263,140 | €289,242 | €313,541 | €237,807 | ▼ 24.2% |
| Amounts payable17/49 | €884,472 | €797,697 | €834,612 | €624,235 | €609,430 | ▼ 2.4% |
| Amounts payable after more than one year17 | €271,025 | €254,984 | €241,015 | €220,454 | €339,099 | ▲ 53.8% |
| Financial debts170/4 | - | €254,984 | €241,015 | €220,454 | €339,099 | ▲ 53.8% |
| Amounts payable within one year42/48 | €602,130 | €533,301 | €584,441 | €395,155 | €262,453 | ▼ 33.6% |
| Current portion of amounts payable after more than one year42 | - | €16,041 | €13,969 | €12,061 | €36,464 | ▲ 202% |
| Financial debts43 | - | €283,004 | €332,961 | €90,000 | €30,000 | ▼ 66.7% |
| Credit institutions430/8 | - | €283,004 | €332,961 | €90,000 | €30,000 | ▼ 66.7% |
| Trade debts44 | €71,680 | €99,976 | €100,109 | €154,363 | €68,606 | ▼ 55.6% |
| Suppliers440/4 | - | €99,976 | €100,109 | €154,363 | €68,606 | ▼ 55.6% |
| Taxes, remuneration and social security45 | - | €105,564 | €126,252 | €138,480 | €126,340 | ▼ 8.8% |
| Taxes450/3 | - | €25,313 | €32,784 | €43,871 | €39,365 | ▼ 10.3% |
| Remuneration and social security454/9 | - | €80,251 | €93,468 | €94,609 | €86,975 | ▼ 8.1% |
| Other amounts payable47/48 | - | €28,715 | €11,151 | €251 | €1,044 | ▲ 316% |
| Accrued charges and deferred income492/3 | - | €9,412 | €9,155 | €8,626 | €7,878 | ▼ 8.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,428 | -€31,207 | €26,102 | €11,800 | -€75,735 | ▼ 742% |
| + Depreciation and write-downs630 | €219,420 | €187,358 | €143,252 | €133,847 | €142,563 | ▲ 6.5% |
| Operating cash flow (approximation) | €156,992 | €156,151 | €169,353 | €145,647 | €66,829 | ▼ 54.1% |
| Investment in fixed assets (approximation) | - | -€46,123 | -€18,370 | -€34,227 | -€217,728 | ▼ 536% |
| Change in cash | - | -€36,039 | €115,709 | -€53,239 | -€128,607 | ▼ 142% |
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
Next filing, fiscal year 2026, expected by
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€75,735
Net result drops to -€75,735, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €26,102
Net result €26,102 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €41,991
Net result €41,991 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Bree · 1 establishment unit since 2004
Ground area
6,949 m²
Building footprint
1,862 m²
Volume, LiDAR
10,977 m³
Parcel 72402A0705/00F004, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heka
since 20042.147.838.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72402A0705/00F004 | Flanders | 6,949 m² | 1 · 1,862 m² | 8.3 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.
Structure & network
Owners and holdings
2 ownersOwners 2
- Sourceaccounts ARTICE 202450%
- Sourceaccounts WINCORE 202450%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 294 EUR awarded · 294 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 294 EUR | 294 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 endedProductieoperator metaal (so)
Similar companies · same sector, comparable size
Power and About
BE 0782.557.792
Braine-l'Alleud · Eq €363,131
WOPE
BE 0763.410.883
Oudsbergen · Eq €363,315
LXL
BE 0541.953.351
Charleroi · Eq €363,631
JeMarBo
BE 0785.661.101
Bocholt · Eq €361,680
ECACIM
BE 0642.724.671
Landen · Eq €361,646
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 4,739 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
Founded19-05-2004
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
71121Engineering and related technical consultancy, excluding land surveyors
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865389854
Registered
30-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.