HERACON
ActiveHERACON has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €1k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-16
Solvency61▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.43 in 2024; short-term debt: 63.5% and cash: 4.3% of total assets), and 63.6% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
36.4%
Return on assets
0.4%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
3 d early
2023
1 d early
2022
1 d early
2021
6 d early
2020
3 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 monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▲ 1.0%
2024 · €100k
2019: €28k
2020: €51k
2021: €43k
2022: €44k
2023: €66k
2024: €100k
2019 → 2025
Total assets
€279k▲ 1.7%
2024 · €274k
2019: €78k
2020: €99k
2021: €97k
2022: €192k
2023: €226k
2024: €274k
2019 → 2025
Net result
€1k▼ 97.1%
2024 · €35k
2019: €575
2020: €23k
2021: €-8k
2022: €365
2023: €22k
2024: €35k
2019 → 2025
Working capital
€-105k▼ 5.9%
2024 · €-99k
2019: €-13k
2020: €14k
2021: €13k
2022: €-101k
2023: €-100k
2024: €-99k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€44k▲ 0.8%€66k▲ 50.4%€100k▲ 53.0%€101k▲ 1.0%
Operating result€-12k-€384€22k▲ 5,653%€43k▲ 92.8%€2k▼ 94.3%
Net result€-8k-€365€22k▲ 5,928%€35k▲ 58.3%€1k▼ 97.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €279k
Fixed assets
€206k▲ 3.4%
Current assets
€72k▼ 2.8%
Equity and liabilities €279k
Equity
€101k▲ 1.0%
Debt
€177k▲ 2.2%
The debt ratio rises from 63.3% to 63.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▼
2024 · €72k
Cash flow
€37k▼
2024 · €64k
Solvency
36.4%▼
2024 · 36.7%
Current ratio
0.41▼
2024 · 0.43
Quick ratio
0.41▼
2024 · 0.43
Debt / equity
1.75▲
2024 · 1.73
ROE
1.0%▼
2024 · 34.7%
ROA
0.4%▼
2024 · 12.7%
Interest coverage
474.79▼
2024 · 3500.54
Debt
€177k▲
2024 · €173k
Debt ≤ 1 year
€177k▲
2024 · €173k
Income taxes
€1k▼
2024 · €8k
Staff costs
€60k▲
2024 · €56k
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€274k€279k▲
Fixed assets21/28€200k€206k▲
Tangible fixed assets22/27€200k€206k▲
Land and buildings22€192k€203k▲
Furniture and vehicles24€8k€4k▼
Current assets29/58€74k€72k▼
Amounts receivable within one year40/41€49k€60k▲
Trade receivables40€49k€58k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€26k€12k▼
Equity and liabilities
Total equity and liabilities10/49€274k€279k▲
Equity10/15€100k€101k▲
Contributions10/11€19k€19k=
Reserves13€82k€83k▲
Tax-exempt reserves132€18k€18k=
Distributable reserves133€64k€65k▲
Amounts payable17/49€173k€177k▲
Amounts payable within one year42/48€173k€177k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€27k€18k▼
Taxes450/3€15k€6k▼
Remuneration and social security454/9€12k€11k▼
Other amounts payable47/48€145k€152k▲
Accrued charges and deferred income492/3€250€250=
Income statement
Code20242025
Remuneration, social security and pensions62€56k€60k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€36k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€130k€102k▼
Operating profit (loss)9901€43k€2k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€21€82▲
Recurring financial charges65€21€82▲
Profit (loss) for the period before taxes9903€43k€2k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€35k€1k▼
Transfer to tax-exempt reserves689€8k-
Profit (loss) for the period to be appropriated9905€27k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€1k▼
Transfer to equity691/2€27k€1k▼
To other reserves6921€27k€1k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €35k ▲58.3%
Operating result €43k, net result €35k, both a record.
30-06
Financial
Equity above €100kEq €100k ▲53%
3 profitable years in a row build equity to €100k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €365
Net result €365 after one loss-making year.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-8k ▼133%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
08-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
12-01
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
1 act for this company is 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, Tongeren-Borgloon · 1 establishment unit since 2001
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.
Baversstraat 2653700 Tongeren-BorgloonGround area
2,376 m²
Building footprint
358 m²
Volume, LiDAR
2,603 m³
2 parcels, Flanders · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
HERACON
since 20012.116.262.757
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73076A0426/00G000 | Flanders | 2,269 m² | 1 · 254 m² | 11.5 m · 2 fl. |
| 73083C0820/00S000 | Flanders | 107 m² | 1 · 104 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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e+
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,608 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2001
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.