HESC (0476.350.865), Inactive: financials and annual accounts

HESC

KBO/BCE: BE 0476.350.865

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	124,523	101,397	112,224	99,218	105,276	112,522	101,503	98,315	242,260	192,277	204,071	175,912	208,697	212,948	171,247	156,012	275,821	324,790	311,089	301,960
Formation expenses`20`	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fixed assets`21/28`	371	780	1,513	2,358	3,545	5,089	3,671	10,946	15,985	24,061	32,241	1,351	1,946	1,926	1,797	2,472	2,083	3,559	9,833	14,289
Tangible fixed assets`22/27`	371	780	1,513	2,358	3,545	5,089	3,671	10,946	15,985	24,061	32,241	1,351	1,946	1,926	1,797	2,472	2,083	3,559	9,833	14,289
Plant, machinery and equipment`23`	-	-	-	-	342	684	1,026	1,368	-	-	-	480	1,408	897	-	-	-	-	-	-
Furniture and vehicles`24`	0	224	772	1,432	2,091	3,108	1,162	7,910	15,985	24,061	32,136	661	221	607	1,090	1,349	545	1,606	8,369	13,644
Other tangible fixed assets`26`	371	556	741	927	1,112	1,297	1,483	1,668	-	-	105	211	316	422	708	1,123	1,538	1,953	1,465	645
Current assets`29/58`	124,152	100,617	110,711	96,859	101,731	107,432	97,832	87,368	226,275	168,216	171,829	174,560	206,751	211,022	169,450	153,540	273,738	321,231	301,256	287,671
Amounts receivable within one year`40/41`	67,315	6,432	20,966	21,680	11,006	19,390	5,445	10,577	15,711	12,571	14,287	22,490	11,241	10,817	11,024	10,246	11,374	11,040	12,518	4,949
Trade receivables`40`	2,433	5,124	20,238	18,661	10,748	19,390	5,445	4,407	15,583	12,571	13,669	21,342	10,681	10,489	10,123	9,125	9,780	9,023	9,047	3,860
Other amounts receivable`41`	64,882	1,308	729	3,018	258	-	-	6,170	128	-	617	1,148	560	328	900	1,121	1,594	2,017	3,470	1,089
Current investments`50/53`	-	71,899	71,899	71,899	71,899	71,899	71,899	71,899	205,280	146,580	146,580	144,129	143,176	133,191	129,320	124,820	233,210	284,055	281,016	-
Cash at bank and in hand`54/58`	51,388	21,905	15,340	903	14,868	14,775	17,360	3,612	5,283	9,066	10,963	7,942	52,335	67,014	29,106	17,866	28,551	26,136	7,722	282,722
Deferred charges and accrued income`490/1`	5,449	381	2,505	2,378	3,957	1,368	3,128	1,280	-	-	-	-	-	-	-	608	603	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	124,523	101,397	112,224	99,218	105,276	112,522	101,503	98,315	242,260	192,277	204,071	175,912	208,697	212,948	171,247	156,012	275,821	324,790	311,089	301,960
Equity`10/15`	122,410	94,678	97,871	84,080	82,645	84,840	77,102	77,184	208,984	160,734	158,412	157,480	19,573	191,689	163,829	135,981	134,742	295,201	292,070	289,645
Contributions`10/11`	6,800	6,800	6,800	6,800	6,800	6,800	6,800	6,800	144,500	144,500	144,500	144,500	6,800	6,800	6,800	6,800	6,800	6,800	6,800	6,800
Issued capital`100`	-	-	-	-	-	-	20,000	20,000	157,700	157,700	157,700	157,700	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
Uncalled capital`101`	-	-	-	-	-	-	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200	13,200
Reserves`13`	115,610	87,966	91,071	77,280	75,845	78,040	70,302	70,384	64,484	16,234	13,912	12,980	12,773	157,029	157,029	129,181	127,942	288,401	285,270	282,845
Non-distributable reserves`130/1`	-	-	-	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	2,000	2,000	4,789	2,374	2,254	2,207	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
Reserves not available under the articles`1311`	-	-	-	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax-exempt reserves`132`	-	-	-	-	-	-	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281	1,281
Distributable reserves`133`	115,610	87,966	91,071	75,280	73,845	76,040	67,022	67,104	58,414	12,579	10,378	9,492	9,492	153,748	153,748	125,900	124,662	285,120	281,989	279,564
Profit (loss) carried forward`14`	-	-89	-	-	-	-	-	-	-	-	-	-	-	27,861	-	-	-	-	-	-
Amounts payable`17/49`	2,113	6,720	14,353	15,138	22,632	27,682	24,400	21,130	33,276	31,543	45,658	18,431	189,124	21,258	7,418	20,032	141,079	29,589	19,019	12,315
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	3,250	10,944	18,489	25,887	-	-	-	-	-	-	-	-	-
Financial debts`170/4`	-	-	-	-	-	-	-	3,250	10,944	18,489	25,887	-	-	-	-	-	-	-	-	-
Amounts payable within one year`42/48`	1,177	6,720	14,353	15,138	22,632	27,682	24,400	17,880	22,113	12,584	19,731	18,237	189,050	21,258	7,418	18,036	139,220	27,730	17,159	10,456
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	3,250	7,694	7,545	7,398	7,255	-	-	-	-	-	-	-	-	-
Trade debts`44`	1,023	281	1,719	797	1,778	485	7,599	78	-	419	1,898	1,266	2,975	4,503	1,123	981	391	781	946	354
Suppliers`440/4`	1,023	281	1,719	797	1,778	485	7,599	78	-	419	1,898	1,266	2,975	4,503	1,123	981	391	781	946	354
Taxes, remuneration and social security`45`	154	24	2,606	14,340	16,188	18,108	10,705	7,709	14,568	4,284	8,718	7,705	28,256	11,767	2,611	4,176	2,598	4,566	1,629	3,541
Taxes`450/3`	154	24	2,606	14,340	16,188	18,108	10,705	7,709	14,568	4,284	8,718	7,705	28,256	11,767	2,611	4,176	2,598	4,566	1,629	3,541
Other amounts payable`47/48`	-	6,414	10,028	-	4,665	9,089	2,846	2,400	-	483	1,859	9,266	157,819	4,989	3,685	12,880	136,231	22,384	14,584	6,561
Accrued charges and deferred income`492/3`	936	-	-	-	-	-	-	-	219	471	41	195	73	-	-	1,996	1,859	1,859	1,859	1,859
Income statement
Gross operating margin`9900`	10,070	-1,544	37,012	11,632	3,536	15,935	14,394	19,035	6,803	11,487	9,452	4,235	754	23,963	25,617	16,354	18,747	9,706	3,129	6,557
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	410	733	845	1,187	1,544	1,319	8,906	8,603	8,075	8,181	8,661	1,420	1,420	1,217	1,170	1,005	2,053	7,178	7,148	6,914
Other operating charges`640/8`	585	1,259	1,256	1,779	1,660	938	1,030	1,959	1,372	1,262	1,643	1,428	1,125	1,078	1,180	1,423	1,319	1,334	1,477	1,429
Operating profit (loss)`9901`	9,074	-3,536	34,912	8,667	332	13,678	4,458	8,474	-2,645	2,045	-851	1,387	-1,791	21,668	23,267	13,926	15,375	1,194	-5,495	-1,786
Financial income`75/76B`	32,417	1,779	1,289	1,544	630	350	399	5,340	58,289	2,653	2,983	2,927	3,010	11,152	5,478	18,150	5,237	14,710	11,155	2,524
Recurring financial income`75`	32,417	1,779	1,289	1,544	630	350	399	5,340	58,289	2,653	2,983	2,927	3,010	11,152	5,478	18,150	5,237	14,710	11,155	2,524
Financial charges`65/66B`	554	182	151	178	226	248	303	529	570	783	566	198	188	575	897	20,838	46,071	11,892	3,234	762
Recurring financial charges`65`	554	182	151	178	226	248	303	529	570	783	566	198	188	575	897	20,838	46,071	11,892	3,234	762
Profit (loss) for the period before taxes`9903`	40,937	-1,939	36,049	10,033	736	13,780	4,554	13,285	55,074	3,915	1,565	4,116	1,031	32,245	27,848	11,238	-25,459	4,011	2,425	-24
Income taxes`67/77`	13,205	1,254	13,658	5,344	2,931	4,443	2,236	4,984	6,825	1,593	633	109	147	4,384	-	-	-	-	-	-
Profit (loss) for the period`9904`	27,732	-3,194	22,391	4,689	-2,195	9,337	2,318	8,301	48,250	2,322	932	4,007	884	27,861	27,848	11,238	-25,459	4,011	2,425	-24
Transfer from tax-exempt reserves`789`	-	-	-	-	-	1,281	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	27,732	-3,194	22,391	4,689	-2,195	10,618	2,318	8,301	48,250	2,322	932	4,007	884	27,861	27,848	11,238	-25,459	4,011	2,425	-24
Appropriation of the result
Profit (loss) to be appropriated`9906`	27,643	-3,194	22,391	4,689	-2,195	10,618	2,318	8,301	48,250	2,322	932	4,007	28,744	27,861	27,848	11,238	-25,459	4,011	2,425	-24
Profit (loss) brought forward from the previous period`14P`	-89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	3,105	8,600	3,254	2,195	1,600	2,400	2,400	-	-	-	-	153,000	-	-	-	160,459	-	-	24
Transfer to equity`691/2`	27,643	-	22,391	4,689	-	10,618	2,318	8,301	48,250	2,322	932	207	8,744	-	27,848	1,238	-	3,131	2,425	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	2,415	120	47	207	-	-	-	-	-	-	-	-
To other reserves`6921`	27,643	-	22,391	4,689	-	10,618	2,318	8,301	45,835	2,202	885	-	8,744	-	27,848	1,238	-	3,131	2,425	-
Profit to be distributed`694/7`	-	-	8,600	3,254	-	1,600	2,400	2,400	-	-	-	3,800	173,000	-	-	10,000	135,000	880	-	-
Return on contributions (dividend)`694`	-	-	8,600	3,254	-	1,600	2,400	2,400	-	-	-	3,800	173,000	-	-	10,000	135,000	880	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	10-06-2026	2026-00150268	PDF
31-12-2024	micro format	20-08-2025	2025-00386432	PDF
31-12-2023	micro format	07-08-2024	2024-00333593	PDF
31-12-2022	micro format	25-07-2023	2023-00267008	PDF
31-12-2021	micro format	25-07-2022	2022-20218269	PDF
31-12-2020	micro format	26-07-2021	2021-40400325	PDF
31-12-2019	micro format	10-07-2020	2020-28600062	PDF
31-12-2018	micro format	08-07-2019	2019-29900276	PDF
31-12-2017	micro format	20-07-2018	2018-36000432	PDF
31-12-2016	micro format	12-07-2017	2017-30500537	PDF
31-12-2015	abbreviated format	14-07-2016	2016-31800159	PDF
31-12-2014	abbreviated format	08-07-2015	2015-28200083	PDF
31-12-2013	abbreviated format	28-08-2014	2014-49600056	PDF
31-12-2012	abbreviated format	31-12-2013	2013-70100545	PDF
31-12-2011	abbreviated format	23-10-2012	2012-61500022	PDF
31-12-2010	abbreviated format	01-07-2011	2011-25300246	PDF
31-12-2009	abbreviated format	30-08-2010	2010-52500551	PDF
31-12-2008	abbreviated format	18-06-2009	2009-25700183	PDF
31-12-2007	abbreviated format	07-07-2008	2008-36900245	PDF
31-12-2006	abbreviated format	21-06-2007	2007-26900272	PDF
31-12-2005	abbreviated format	27-06-2006	2006-33301741	PDF
31-12-2004	abbreviated format	07-06-2005	2005-21701134	PDF
31-12-2003	abbreviated format	30-06-2004	2004-36301869	PDF
31-12-2002	abbreviated format	13-06-2003	2003-23503907	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	9,484	-2,803	35,757	9,854	1,876	14,997	13,364	17,076	5,431	10,226	7,809	2,807	-371	22,885	24,437	14,931	17,429	8,372	1,653	5,128
Cash flow	28,142	-2,460	23,236	5,876	-651	10,657	11,224	16,903	56,325	10,502	9,593	5,427	2,304	29,078	29,018	12,243	-23,405	11,189	9,573	6,890
Investment in fixed assets (approximation)	0	0	0	0	0	2,738	1,631	3,564	0	0	39,551	826	1,440	1,345	495	1,394	578	904	2,692	-
Change in cash	29,483	6,565	14,437	-13,966	94	-2,585	13,748	-1,671	-3,783	-1,897	3,021	-44,393	-14,679	37,908	11,240	-10,685	2,415	18,414	-275,000	-
Working capital	122,976	93,897	96,358	81,722	79,100	79,750	73,432	69,488	204,162	155,633	152,099	156,324	17,701	189,763	162,031	135,504	134,518	293,501	284,096	277,215
Solvency	98.3%	93.4%	87.2%	84.7%	78.5%	75.4%	76.0%	78.5%	86.3%	83.6%	77.6%	89.5%	9.4%	90.0%	95.7%	87.2%	48.9%	90.9%	93.9%	95.9%
Current ratio	-	14.97	7.71	6.40	4.50	3.88	4.01	4.89	10.23	13.37	8.71	9.57	1.09	9.93	22.84	8.51	1.97	11.58	17.56	27.51
Debt to equity	0.02	0.07	0.15	0.18	0.27	0.33	0.32	0.27	0.16	0.20	0.29	0.12	9.66	0.11	0.05	0.15	1.05	0.10	0.07	0.04
ROE	22.7%	-3.4%	22.9%	5.6%	-2.7%	11.0%	3.0%	10.8%	23.1%	1.4%	0.6%	2.5%	4.5%	14.5%	17.0%	8.3%	-18.9%	1.4%	0.8%	0.0%
ROA	22.3%	-3.1%	20.0%	4.7%	-2.1%	8.3%	2.3%	8.4%	19.9%	1.2%	0.5%	2.3%	0.4%	13.1%	16.3%	7.2%	-9.2%	1.2%	0.8%	0.0%
Interest coverage	17.11	-15.39	over 100	55.51	8.31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

HESC

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Insights on HESC