Heresco
ActiveHeresco has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €36k. Equity is growing by ~63.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 9389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 2.11 in 2024), and 23% 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 71
Relative position
BE, all sectors
reference
Sector 71
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
77%
Return on assets
32.5%
Age of the figures
9 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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
44 d early
2023
on the day
2022
8 d late
2021
38 d early
2020
30 d late
2019
48 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 73.1%
2024 · €49k
2018: €-17k
2019: €-34k
2020: €-24k
2021: €3k
2022: €25k
2023: €28k
2024: €49k
2018 → 2025
Total assets
€110k▲ 11.2%
2024 · €99k
2018: €39k
2019: €27k
2020: €23k
2021: €47k
2022: €60k
2023: €60k
2024: €99k
2018 → 2025
Net result
€36k▲ 72.6%
2024 · €21k
2018: €-12k
2019: €-18k
2020: €10k
2021: €27k
2022: €22k
2023: €3k
2024: €21k
2018 → 2025
Working capital
€55k▲ 69.3%
2024 · €33k
2018: €-17k
2019: €-34k
2020: €-24k
2021: €-1k
2022: €6k
2023: €-13k
2024: €33k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€25k▲ 743%€28k▲ 11.3%€49k▲ 73.4%€85k▲ 73.1%
Operating result€29k-€29k▲ 2.8%€5k▼ 81.5%€34k▲ 523%€51k▲ 50.3%
Net result€27k-€22k▼ 18.3%€3k▼ 87.2%€21k▲ 624%€36k▲ 72.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110k
Fixed assets
€33k▼ 10.1%
Current assets
€77k▲ 23.7%
Equity and liabilities €110k
Equity
€85k▲ 73.1%
Debt
€25k▼ 49.4%
The debt ratio falls from 50.5% to 23.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€57k▲
2024 · €40k
Cash flow
€42k▲
2024 · €27k
Solvency
77.0%▲
2024 · 49.5%
Current ratio
3.57▲
2024 · 2.11
Quick ratio
3.57▲
2024 · 2.11
Debt / equity
0.30▼
2024 · 1.02
ROE
42.2%▼
2024 · 42.3%
ROA
32.5%▲
2024 · 21.0%
Interest coverage
50.75▲
2024 · 35.84
Debt
€25k▼
2024 · €50k
Debt ≤ 1 year
€22k▼
2024 · €30k
Debt > 1 year
€4k▼
2024 · €20k
Income taxes
€14k▲
2024 · €12k
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€99k€110k▲
Fixed assets21/28€37k€33k▼
Tangible fixed assets22/27€37k€33k▼
Furniture and vehicles24€12k€12k▲
Other tangible fixed assets26€25k€20k▼
Current assets29/58€62k€77k▲
Amounts receivable within one year40/41€26k€21k▼
Trade receivables40€26k€12k▼
Other amounts receivable41€457€8k▲
Cash at bank and in hand54/58€30k€48k▲
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€99k€110k▲
Equity10/15€49k€85k▲
Contributions10/11€19k€19k=
Reserves13€30k€66k▲
Distributable reserves133€30k€66k▲
Amounts payable17/49€50k€25k▼
Amounts payable after more than one year17€20k€4k▼
Financial debts170/4€20k€4k▼
Amounts payable within one year42/48€30k€22k▼
Current portion of amounts payable after more than one year42-€9k
Trade debts44€492€1k▲
Suppliers440/4€492€1k▲
Taxes, remuneration and social security45€16k€12k▼
Taxes450/3€13k€12k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€13k€160▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€997€795▼
Gross operating margin9900€41k€58k▲
Operating profit (loss)9901€34k€51k▲
Financial income75/76B€145€153▲
Recurring financial income75€145€153▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€33k€50k▲
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€21k€36k▲
Profit (loss) for the period to be appropriated9905€21k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€36k▲
Transfer to equity691/2€21k€36k▲
To other reserves6921€21k€36k▲
The notes to these accounts (8 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €36k ▲72.6%
Operating result €51k, net result €36k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 2.11
Current ratio from 0.60 to 2.11; short-term debt falls from €32k to €30k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
21-06
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.
Directors · office · real estate
Directors
3 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, Arendonk · 1 establishment unit since 2008
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.
Meulegoor 412370 ArendonkGround area
2,724 m²
Building footprint
155 m²
Volume, LiDAR
704 m³
Parcel 13001A1415/00S000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heresco
since 20082.305.033.071
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13001A1415/00S000 | Flanders | 2,724 m² | 1 · 155 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 3 entries · 8,295 EUR awarded · 8,295 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,880 EUR | 2,880 EUR |
| 2024 | 1 | 4,320 EUR | 4,320 EUR |
| 2022 | 1 | 1,095 EUR | 1,095 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 18,213 companies in sector 71111 we hold annual accounts for 6,294. 5,450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-05-2008
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.