HENA
ActiveSummary
HENA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193k and a net result of €17k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+3
Solvency32▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.42 in 2024; short-term debt: 41.3% and cash: 0.3% of total assets), and 93.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer 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 2025Solvency, return and age of the figures
Solvency
6.5%
Return on assets
0.6%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 1747 sector peers (2025).
NBB · sector comparisonPosition among 1747 sector peers
Solvency
better than 11%
← 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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
29 d early
2022
13 d early
2021
12 d early
2020
4 d early
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€193k▲ 9.8%
2024 · €175k
2018: €64klowest in 8 years
2019: €71k▲ +9.8% vs 2018
2020: €82k▲ +16.0% vs 2019
2021: €101k▲ +23.1% vs 2020
2022: €121k▲ +19.9% vs 2021
2023: €145k▲ +20.3% vs 2022
2024: €175k▲ +20.7% vs 2023
2025: €193k▲ +9.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.96M▼ 3.1%
2024 · €3.06M
2018: €1.18Mlowest in 8 years
2019: €1.27M▲ +8.1% vs 2018
2020: €1.38M▲ +8.3% vs 2019
2021: €1.49M▲ +8.4% vs 2020
2022: €2.44M▲ +63.1% vs 2021
2023: €2.77M▲ +13.8% vs 2022
2024: €3.06M▲ +10.3% vs 2023highest in 8 years
2025: €2.96M▼ -3.1% vs 2024
2018 → 2025
Net result
€17k▼ 42.6%
2024 · €30k
2018: €14k
2019: €6k▼ -55.6% vs 2018lowest in 8 years
2020: €11k▲ +79.6% vs 2019
2021: €19k▲ +67.5% vs 2020
2022: €20k▲ +5.8% vs 2021
2023: €25k▲ +22.4% vs 2022
2024: €30k▲ +22.5% vs 2023highest in 8 years
2025: €17k▼ -42.6% vs 2024
2018 → 2025
Working capital
€-643k▲ 20.0%
2024 · €-804k
2018: €-554k
2019: €-573k▼ -3.4% vs 2018
2020: €-630k▼ -10.1% vs 2019
2021: €-476k▲ +24.5% vs 2020highest in 8 years
2022: €-561k▼ -18.0% vs 2021
2023: €-920k▼ -63.8% vs 2022lowest in 8 years
2024: €-804k▲ +12.6% vs 2023
2025: €-643k▲ +20.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€121k▲ 19.9%€145k▲ 20.3%€175k▲ 20.7%€193k▲ 9.8%
2021: €101klowest in 5 years
2022: €121k▲ +19.9% vs 2021
2023: €145k▲ +20.3% vs 2022
2024: €175k▲ +20.7% vs 2023
2025: €193k▲ +9.8% vs 2024highest in 5 years
Operating result€39k-€52k▲ 34.3%€92k▲ 78.0%€131k▲ 41.8%€122k▼ 7.2%
2021: €39klowest in 5 years
2022: €52k▲ +34.3% vs 2021
2023: €92k▲ +78.0% vs 2022
2024: €131k▲ +41.8% vs 2023highest in 5 years
2025: €122k▼ -7.2% vs 2024
Net result€19k-€20k▲ 5.8%€25k▲ 22.4%€30k▲ 22.5%€17k▼ 42.6%
2021: €19k
2022: €20k▲ +5.8% vs 2021
2023: €25k▲ +22.4% vs 2022
2024: €30k▲ +22.5% vs 2023highest in 5 years
2025: €17k▼ -42.6% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.96M
Fixed assets
€2.38M ▼ 4.1%
Current assets
€580k ▲ 1.6%
Equity and liabilities €2.96M
Equity
€193k ▲ 9.8%
Debt
€2.77M ▼ 3.9%
Debt's share of the balance-sheet total falls from 94.3% to 93.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€674k▲
2024 · €564k
Cash flow
€569k▲
2024 · €463k
Current ratio
0.47▲
2024 · 0.42
Quick ratio
0.41▲
2024 · 0.37
Debt to equity
14.38▼
2024 · 16.42
ROE
8.9%▼
2024 · 17.1%
ROA
0.6%▼
2024 · 1.0%
Interest coverage
6.45▲
2024 · 5.57
Debt ≤ 1 year
€1.22M▼
2024 · €1.37M
Debt > 1 year
€1.55M▲
2024 · €1.51M
Staff costs
€373k▼
2024 · €378k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.06M€2.96M▼
Fixed assets21/28€2.48M€2.38M▼
Tangible fixed assets22/27€2.48M€2.38M▼
Plant, machinery and equipment23€198k€167k▼
Furniture and vehicles24€903k€706k▼
Leasing and similar rights25€1.37M€1.50M▲
Other tangible fixed assets26€10k€9k▼
Financial fixed assets28€810€810=
Current assets29/58€571k€580k▲
Stocks and contracts in progress3€66k€75k▲
Stocks30/36€66k€60k▼
Contracts in progress37-€15k
Amounts receivable within one year40/41€371k€271k▼
Trade receivables40€371k€269k▼
Other amounts receivable41€603€1k▲
Cash at bank and in hand54/58€9k€7k▼
Deferred charges and accrued income490/1€125k€226k▲
Equity and liabilities
Total equity and liabilities10/49€3.06M€2.96M▼
Equity10/15€175k€193k▲
Contributions10/11€6k€6k=
Reserves13€169k€186k▲
Distributable reserves133€169k€186k▲
Amounts payable17/49€2.88M€2.77M▼
Amounts payable after more than one year17€1.51M€1.55M▲
Financial debts170/4€1.51M€1.55M▲
Amounts payable within one year42/48€1.37M€1.22M▼
Current portion of amounts payable after more than one year42€485k€563k▲
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€470k€254k▼
Suppliers440/4€470k€254k▼
Taxes, remuneration and social security45€70k€69k▼
Taxes450/3€42k€58k▲
Remuneration and social security454/9€28k€11k▼
Other amounts payable47/48€226k€213k▼
Income statement
Code20242025
Remuneration, social security and pensions62€378k€373k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€433k€552k▲
Other operating charges640/8€19k€12k▼
Gross operating margin9900€961k€1.06M▲
Operating profit (loss)9901€131k€122k▼
Financial income75/76B€218€4▼
Recurring financial income75€218€4▼
Financial charges65/66B€101k€104k▲
Recurring financial charges65€101k€104k▲
Profit (loss) for the period before taxes9903€30k€17k▼
Profit (loss) for the period9904€30k€17k▼
Profit (loss) for the period to be appropriated9905€30k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€17k▼
Transfer to equity691/2€30k€17k▼
To other reserves6921€30k€17k▼
Social balance
Average headcount (FTE)90878.28.8▲
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €130k | €193k | €295k | €378k | €373k | ▼ 1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €221k | €304k | €317k | €433k | €552k | ▲ 27.6% |
| Other operating charges640/8 | €34k | €3k | €4k | €19k | €12k | ▼ 37.4% |
| Gross operating margin9900 | €424k | €552k | €709k | €961k | €1.06M | ▲ 10.2% |
| Operating profit (loss)9901 | €39k | €52k | €92k | €131k | €122k | ▼ 7.2% |
| Financial income75/76B | €139 | €36 | €44 | €218 | €4 | ▼ 98.2% |
| Recurring financial income75 | €139 | €36 | €44 | €218 | €4 | ▼ 98.2% |
| Financial charges65/66B | €20k | €32k | €68k | €101k | €104k | ▲ 3.1% |
| Recurring financial charges65 | €20k | €32k | €68k | €101k | €104k | ▲ 3.1% |
| Profit (loss) for the period before taxes9903 | €19k | €20k | €25k | €30k | €17k | ▼ 42.6% |
| Profit (loss) for the period9904 | €19k | €20k | €25k | €30k | €17k | ▼ 42.6% |
| Profit (loss) for the period to be appropriated9905 | €19k | €20k | €25k | €30k | €17k | ▼ 42.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.49M | €2.44M | €2.77M | €3.06M | €2.96M | ▼ 3.1% |
| Fixed assets21/28 | €1.15M | €1.95M | €2.17M | €2.48M | €2.38M | ▼ 4.1% |
| Tangible fixed assets22/27 | €1.15M | €1.95M | €2.17M | €2.48M | €2.38M | ▼ 4.1% |
| Plant, machinery and equipment23 | €35k | €58k | €76k | €198k | €167k | ▼ 15.8% |
| Furniture and vehicles24 | €455k | €564k | €792k | €903k | €706k | ▼ 21.8% |
| Leasing and similar rights25 | €648k | €1.31M | €1.29M | €1.37M | €1.50M | ▲ 9.3% |
| Other tangible fixed assets26 | €14k | €12k | €11k | €10k | €9k | ▼ 14.2% |
| Financial fixed assets28 | €810 | €810 | €810 | €810 | €810 | = |
| Current assets29/58 | €341k | €489k | €596k | €571k | €580k | ▲ 1.6% |
| Stocks and contracts in progress3 | €68k | €82k | €58k | €66k | €75k | ▲ 15.2% |
| Stocks30/36 | €5k | €36k | €44k | €66k | €60k | ▼ 7.7% |
| Contracts in progress37 | €63k | €46k | €14k | - | €15k | - |
| Amounts receivable within one year40/41 | €116k | €217k | €370k | €371k | €271k | ▼ 27.1% |
| Trade receivables40 | €115k | €210k | €369k | €371k | €269k | ▼ 27.4% |
| Other amounts receivable41 | €560 | €7k | €2k | €603 | €1k | ▲ 115% |
| Cash at bank and in hand54/58 | €58k | €72k | €32k | €9k | €7k | ▼ 13.8% |
| Deferred charges and accrued income490/1 | €100k | €118k | €136k | €125k | €226k | ▲ 80.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.49M | €2.44M | €2.77M | €3.06M | €2.96M | ▼ 3.1% |
| Equity10/15 | €101k | €121k | €145k | €175k | €193k | ▲ 9.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €95k | €115k | €139k | €169k | €186k | ▲ 10.2% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €93k | €113k | €139k | €169k | €186k | ▲ 10.2% |
| Amounts payable17/49 | €1.39M | €2.31M | €2.62M | €2.88M | €2.77M | ▼ 3.9% |
| Amounts payable after more than one year17 | €576k | €1.26M | €1.11M | €1.51M | €1.55M | ▲ 2.7% |
| Financial debts170/4 | €576k | €1.26M | €1.11M | €1.51M | €1.55M | ▲ 2.7% |
| Amounts payable within one year42/48 | €817k | €1.05M | €1.52M | €1.37M | €1.22M | ▼ 11.0% |
| Current portion of amounts payable after more than one year42 | €200k | €286k | €310k | €485k | €563k | ▲ 16.0% |
| Financial debts43 | €174k | €175k | €175k | €125k | €125k | = |
| Credit institutions430/8 | €174k | €175k | €175k | €125k | €125k | = |
| Trade debts44 | €83k | €230k | €764k | €470k | €254k | ▼ 45.8% |
| Suppliers440/4 | €83k | €230k | €764k | €470k | €254k | ▼ 45.8% |
| Advances received on contracts in progress46 | - | - | €5k | - | - | - |
| Taxes, remuneration and social security45 | €25k | €14k | €27k | €70k | €69k | ▼ 1.2% |
| Taxes450/3 | €21k | €4k | €15k | €42k | €58k | ▲ 37.6% |
| Remuneration and social security454/9 | €4k | €9k | €12k | €28k | €11k | ▼ 60.4% |
| Other amounts payable47/48 | €334k | €345k | €235k | €226k | €213k | ▼ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €20k | €25k | €30k | €17k | ▼ 42.6% |
| + Depreciation and write-downs630 | €221k | €304k | €317k | €433k | €552k | ▲ 27.6% |
| Operating cash flow (approximation) | €240k | €324k | €341k | €463k | €569k | ▲ 23.0% |
| Investment in fixed assets (approximation) | - | €-1.10M | €-544k | €-744k | €-449k | ▲ 39.6% |
| Change in cash | - | €15k | €-41k | €-23k | €-1k | ▲ 94.8% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €30k ▲22.5%
Operating result €131k, net result €30k, both a record.
31-12
Financial
Equity above €150kEq €175k ▲20.7%
7 profitable years in a row build equity to €175k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €101k ▲23.1%
4 profitable years in a row build equity to €101k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €6k ▼55.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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.
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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, Heist-op-den-Berg · 1 establishment unit since 2012
Ground area
715 m²
Building footprint
148 m²
Volume, LiDAR
713 m³
Parcel 12011B0261/00P000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HENA
since 20122.207.431.176
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12011B0261/00P000 | Flanders | 715 m² | 1 · 148 m² | 7.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 6,767 EUR awarded · 7,368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,140 EUR | 3,123 EUR |
| 2024 | 1 | 1,047 EUR | 1,047 EUR |
| 2023 | 1 | 1,544 EUR | 2,162 EUR |
| 2022 | 1 | 1,036 EUR | 1,036 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeist-op-den-Berg2.207.431.176
Similar companies · same sector, comparable size
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AGRI - WALLY
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Ets DOYEN V.
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,143 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
Founded08-02-2012
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
46110Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.