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Heritage Wood

Active
Private limited companyfounded 2020active for 6 yearsStationsstraat 239, 1770 Liedekerke, BelgiumKBO/BCE: BE 0753.697.423

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Heritage Wood has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876,809 and a net result of €65,537. Equity has been growing by about 14% per year since 2021. Its solvency ranks better than 40% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Official details

KBO
Status
Active since 04-09-2020 Normal situation
Legal form
Private limited company
Registered office
Stationsstraat 239, 1770 Liedekerke
Activity
General construction of residential buildings NACE 41001and 2 others
Establishment unit
2.307.560.516 1770 Liedekerke, since 04-09-2020
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board
  • Slyvka VasylDirector

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Annual accounts 2025
Gross margin
€257,264
▼ 9.7%
Turnover
≈ €550,000
estimated
Profit
€65,537
▼ 4.0%
Equity
€876,809
▲ 8.1%
Total assets
€2.9m
▼ 1.6%
2025 accounts filed 29 days after the deadline
Filed on 29-08-2026at the National Bank
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020lowers riskSize: total assets €2.9mFigures for financial year 2025 (filed on 01-09-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 59% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Average
Solvency 55+3
equity 30.0% of total assets
Liquidity 51=
short-term debt 10.6% · cash 1.3%
Profitability 69+2
return on assets 2.2%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.6%▲ +0.1 percentage points vs 01-2025 03-2025: 1.9%▲ +0.3 percentage points vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.4%▲ +0.5 percentage points vs 05-2025 07-2025: 2.4%● unchanged vs 06-2025 08-2025: 2.9%▲ +0.5 percentage points vs 07-2025 09-2025: 2.9%● unchanged vs 08-2025highest value 10-2025: 1.4%▼ -1.5 percentage points vs 09-2025 11-2025: 1.5%▲ +0.1 percentage points vs 10-2025 12-2025: 1.4%▼ -0.1 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.6%▲ +0.2 percentage points vs 02-2026 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%▲ +0.3 percentage points vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.6 percentage points vs 07-2026 09-2026: 1.0%▼ -1.8 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (1.24 in 2024), below the usual 1.5. Short-term debt is 10.6% and cash 1.3% of total assets. 70% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 48% of them on solvency, 67% on liquidity, 59% on profitability and 63% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €2.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 01-09-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 29 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
29 days late
2024
54 days late
2023
29 days late
2022
60 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 41 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 4th largest company by total assets in Liedekerke, Construction sectorin the Checked rankings No. 4 View
  • Positive: 5 profitable years in a rowprofit 2025: €65,537 5 years View

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Heritage Wood

What is the company number of Heritage Wood?
The company number of Heritage Wood is 0753.697.423. The VAT number is the same number with BE in front: BE 0753.697.423.
Where is Heritage Wood based?
The registered office is at Stationsstraat 239, 1770 Liedekerke.Company details
What does Heritage Wood do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Heritage Wood?
The legal form of Heritage Wood is Private limited company (BV).
When was Heritage Wood founded?
Heritage Wood was founded on 04-09-2020.
Is Heritage Wood still active?
Yes, Heritage Wood is an active enterprise in the KBO register.
How many employees does Heritage Wood have?
Heritage Wood had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of Heritage Wood?
The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €257,264 and 30 comparable companies (NACE 41001). It probably lies between €440,000 and €810,000.
Is Heritage Wood profitable?
In financial year 2025, Heritage Wood made a profit of €65,537.
Where can I find the annual accounts of Heritage Wood?
Heritage Wood filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Heritage Wood due?
Heritage Wood must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Heritage Wood: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2m and €3.5m, founded between 2019 and 2021.

CompanyTotal assetsGross margin
Heritage Wood Liedekerke€2.9m€0.3m
SCHUTZ PATRIMOINE Bastogne€2.7m€0.2m
TERGEMAT Welkenraedt€2.6m€0.2m
MONTINVEST Tienen€3.5m€0.3m
NTH CONTRACTORS Wemmel€2.1m€0.2m
KubiQ Glabbeek€2.0m€0.2m
Como Living Wemmel€2.3m€0.2m
Full comparison

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