HERITAGE
ActiveSummary
HERITAGE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €230k and a net result of €126k. Equity is shrinking by ~5.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+65
Solvency100▲+16
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 94.01 against 0.06 in 2024; short-term debt: 0.5% and cash: 0% of total assets), and 17.1% 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 · 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
82.9%
Return on assets
45.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €230k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
17 d early
2023
5 d early
2022
52 d early
2021
61 d early
2020
36 d early
2019
35 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
€230k▲ 121%
2024 · €104k
Total assets
€277k▲ 57.0%
2024 · €176k
Net result
€126k
2024 · €-2k
Working capital
€137k
2024 · €-68k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-15k▼ 2.1%€-2k▲ 87.0%€-5k▼ 177%€-934▲ 82.4%€177k
Net result€-15k▼ 2.7%€-2k▲ 85.2%€-6k▼ 164%€-2k▲ 73.3%€126k
Equity€113k▼ 11.7%€111k▼ 2.0%€105k▼ 5.2%€104k▼ 1.5%€230k▲ 121%
Total assets€175k▼ 11.6%€173k▼ 1.3%€172k▼ 0.7%€176k▲ 2.6%€277k▲ 57.0%
Debt€62k▼ 11.4%€62k=€67k▲ 7.4%€73k▲ 9.1%€2k▼ 96.8%
Working capital€-61k▼ 7.7%€-61k▲ 0.7%€-2k▲ 96.6%€-68k▼ 3,187%€137k
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 returns to profit in 2025: €177k after a loss of €934 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277k
Fixed assets
€138k ▼ 19.4%
Current assets
€139k ▲ 2,898%
Equity and liabilities €277k
Equity
€230k ▲ 121%
Provisions
€45k
Debt
€2k ▼ 96.8%
Debt's share of the balance-sheet total falls from 41.2% to 0.9%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
94.01▲
2024 · 0.06
Debt to equity
0.01▼
2024 · 0.70
ROE
54.8%▲
2024 · -1.5%
ROA
45.4%▲
2024 · -0.9%
Debt ≤ 1 year
€1k▼
2024 · €73k
Debt > 1 year
€831
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €180k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €3k | - | - | - | - |
| Other operating charges640/8 | - | €3k | €3k | €534 | €720 | ▲ 34.8% |
| Gross operating margin9900 | €-1k | €4k | €-2k | €-399 | €178k | ▲ 44,687% |
| Operating profit (loss)9901 | €-15k | €-2k | €-5k | €-934 | €177k | ▲ 19,090% |
| Financial charges65/66B | - | €293 | €527 | €626 | €6k | ▲ 933% |
| Recurring financial charges65 | €232 | €293 | €527 | €626 | €6k | ▲ 933% |
| Profit (loss) for the period before taxes9903 | €-15k | €-2k | €-6k | €-2k | €171k | ▲ 11,052% |
| Transfer to deferred taxes680 | - | - | - | - | €45k | - |
| Profit (loss) for the period9904 | €-15k | €-2k | €-6k | €-2k | €126k | ▲ 8,163% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €135k | - |
| Profit (loss) for the period to be appropriated9905 | €-15k | €-2k | €-6k | €-2k | €-9k | ▼ 503% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175k | €173k | €172k | €176k | €277k | ▲ 57.0% |
| Fixed assets21/28 | €174k | €172k | €172k | €172k | €138k | ▼ 19.4% |
| Tangible fixed assets22/27 | €174k | €172k | €172k | €172k | €138k | ▼ 19.4% |
| Land and buildings22 | - | €172k | €172k | €172k | €138k | ▼ 19.4% |
| Plant, machinery and equipment23 | - | €0 | - | - | - | - |
| Current assets29/58 | €909 | €1k | €106 | €5k | €139k | ▲ 2,898% |
| Amounts receivable after more than one year29 | - | - | - | - | €138k | - |
| Other amounts receivable291 | - | - | - | - | €138k | - |
| Stocks and contracts in progress3 | - | - | - | €4k | - | - |
| Stocks30/36 | - | - | - | €4k | - | - |
| Amounts receivable within one year40/41 | €21 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €699 | €1k | €106 | €130 | €133 | ▲ 2.6% |
| Deferred charges and accrued income490/1 | - | €200 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175k | €173k | €172k | €176k | €277k | ▲ 57.0% |
| Equity10/15 | €113k | €111k | €105k | €104k | €230k | ▲ 121% |
| Contributions10/11 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €51k | €49k | €49k | €49k | €184k | ▲ 275% |
| Non-distributable reserves130/1 | - | €6k | - | - | - | - |
| Reserves not available under the articles1311 | - | €6k | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €135k | - |
| Distributable reserves133 | - | €43k | €49k | €49k | €49k | = |
| Profit (loss) carried forward14 | €-25k | - | €-6k | €-7k | €-17k | ▼ 127% |
| Provisions and deferred taxes16 | - | - | - | - | €45k | - |
| Deferred taxes168 | - | - | - | - | €45k | - |
| Amounts payable17/49 | €62k | €62k | €67k | €73k | €2k | ▼ 96.8% |
| Amounts payable after more than one year17 | - | - | €64k | - | €831 | - |
| Other amounts payable178/9 | - | - | €64k | - | €831 | - |
| Amounts payable within one year42/48 | €62k | €62k | €2k | €73k | €1k | ▼ 98.0% |
| Trade debts44 | - | €1 | €199 | €62 | - | - |
| Suppliers440/4 | - | €1 | €52 | €62 | - | - |
| Bills of exchange payable441 | - | - | €147 | - | - | - |
| Other amounts payable47/48 | - | €62k | €2k | €73k | €1k | ▼ 98.0% |
| Accrued charges and deferred income492/3 | - | - | €0 | €51 | €51 | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €-2k | €-6k | €-2k | €126k | ▲ 8,163% |
| + Depreciation and write-downs630 | €11k | €3k | - | - | - | - |
| Operating cash flow (approximation) | €-4k | €440 | €-6k | €-2k | €126k | ▲ 8,163% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €33k | - |
| Change in cash | - | €451 | €-1k | €24 | €3 | ▼ 86.2% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €126k
Net result €126k after 7 loss-making years.
31-12
Financial
Liquidity times 1477current ratio 94.01
Current ratio from 0.06 to 94.01; short-term debt falls from €73k to €1k.
31-12
Financial
Equity above €200kEq €230k ▲121%
Equity rises from €104k to €230k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Hasselt · 1 establishment unit since 2002
Ground area
2,407 m²
Building footprint
1,027 m²
Parcel 71328D0534/00Z000, Flanders. Linked by address, not a title deed.
31
companies at this address
See who is registered here
1 establishment unit
Het Dorlik 16, 3500 Hasselt
since 20022.101.779.073
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0534/00Z000 | Flanders | 2,407 m² | 1 · 1,027 m² | - |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded09-01-2002
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.