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HESBAYE Combustible

Active
Private limited companyfounded 2010active for 15 yearsRue de Huy 102 B, 4280 Hannut, BelgiumKBO/BCE: BE 0832.102.622

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HESBAYE Combustible has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€40,348) and a net result of €7,035. Equity has been shrinking by about 2.6% per year since 2018. Its solvency ranks better than 6% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

KBO
Status
Active since 22-12-2010 Normal situation
Activity
Plumbing work NACE 43221and 5 others
Establishment unit
2.194.494.049 4280 Hannut, since 22-12-2010
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€18,016
▲ 10.7%
Turnover
≈ €160,000
estimated
Profit
€7,035
▲ 3.0%
Equity
-€40,348
▲ 12.4%
Total assets
€194,195
▼ 7.6%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 31 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)Negative equity -€40,348lowers riskSize: total assets €194,195Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 4+1
equity -20.8% of total assets
Liquidity 27+6
short-term debt 59.0% · cash 5.9%
Profitability 64-9
return on assets 3.6%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 3.1%highest value 12-2024: 3.1%● unchanged vs 11-2024highest value 01-2025: 3.1%● unchanged vs 12-2024highest value 02-2025: 3.1%● unchanged vs 01-2025highest value 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.0%▼ -0.1 percentage points vs 03-2025 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 2.8%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 1.1%▼ -1.7 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026lowest value 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.4%▼ -0.1 percentage points vs 08-2026 10-2026: 1.3%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.74 (0.69 in 2024), below 1. Short-term debt is 59% and cash 5.9% of total assets. Equity is negative.
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 43, micro). It does better than 5% of them on solvency, 16% on liquidity, 31% on profitability and 59% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €194,195
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 · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity -€40,348
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 6%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
on the day
2023
67 days late
2022
on the day
2021
33 days early
2020
9 days early
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 July (4 of the last 5 accounts filed within 33 days either side of that date).
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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€40,348 View
  • Caution: Less equity than 95% of companies in specialised constructionsector median €57,811 · 34,914 companies -€40,348 View

Comparable companies

These companies have the same main activity as HESBAYE Combustible: plumbing work (NACE 43221). They are comparable in size and age: total assets between €156,000 and €206,000, founded between 2008 and 2013.

CompanyTotal assetsGross margin
HESBAYE Combustible Hannut€194,195€18,016
ERIC VAN DEN PUTTE Kasterlee€198,371€15,690
CROMBEZ PROJECTS Zedelgem€183,005€16,612
VAN HYFTE CONSULTANCY Zedelgem€205,897€15,321
Caluwaerts Herent€178,875€15,137
RENOVELEC Genappe€195,358€22,769
CHAUFFAGE TOUBEAU Braine-le-Château€156,020€19,426
Full comparison

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about HESBAYE Combustible

What is the company number of HESBAYE Combustible?
The company number of HESBAYE Combustible is 0832.102.622. The VAT number is the same number with BE in front: BE 0832.102.622.
Where is HESBAYE Combustible based?
The registered office is at Rue de Huy 102 B, 4280 Hannut.Company details
What does HESBAYE Combustible do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of HESBAYE Combustible?
The legal form of HESBAYE Combustible is Private limited company (BV).
When was HESBAYE Combustible founded?
HESBAYE Combustible was founded on 22-12-2010.
Is HESBAYE Combustible still active?
Yes, HESBAYE Combustible is an active enterprise in the KBO register.
How many employees does HESBAYE Combustible have?
HESBAYE Combustible had an average of 1.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of HESBAYE Combustible?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €18,016 and 36 comparable companies (NACE 43221). It probably lies between €120,000 and €330,000. It is a rough estimate.
Is HESBAYE Combustible profitable?
In financial year 2025, HESBAYE Combustible made a profit of €7,035.
Where can I find the annual accounts of HESBAYE Combustible?
HESBAYE Combustible filed 15 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 HESBAYE Combustible due?
HESBAYE Combustible must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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