Hestia
ActiveSummary
Hestia has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.20M and a net result of €-23k. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-5
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 10.25; short-term debt: 2.4% and cash: 25% of total assets), and 2.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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
97.6%
Return on assets
-1.9%
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
23 d early
2023
35 d early
2022
32 d early
2021
39 d early
2020
60 d early
2019
87 d late
← 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, micro schema
Turnover
€86k
EBIT margin
12.3%
Net result
€-23k
2024 · €18k
2018: €-5k
2019: €5k▲ +192% vs 2018
2020: €5k▲ +19.2% vs 2019
2021: €6k▲ +8.2% vs 2020
2022: €15k▲ +158% vs 2021
2023: €18k▲ +18.9% vs 2022highest in 8 years
2024: €18k▼ -1.2% vs 2023
2025: €-23k▼ -231% vs 2024lowest in 8 years
2018 → 2025
Working capital
€278k▲ 12.9%
2024 · €246k
2018: €-7klowest in 8 years
2019: €18k▲ +353% vs 2018
2020: €39k▲ +118% vs 2019
2021: €60k▲ +54.2% vs 2020
2022: €86k▲ +44.8% vs 2021
2023: €172k▲ +99.9% vs 2022
2024: €246k▲ +42.9% vs 2023
2025: €278k▲ +12.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.17M-€1.19M▲ 1.3%€1.21M▲ 1.5%€1.22M▲ 1.5%€1.20M▼ 1.9%
2021: €1.17Mlowest in 5 years
2022: €1.19M▲ +1.3% vs 2021
2023: €1.21M▲ +1.5% vs 2022
2024: €1.22M▲ +1.5% vs 2023highest in 5 years
2025: €1.20M▼ -1.9% vs 2024
Operating result€14k-€20k▲ 44.2%€20k▼ 0.4%€18k▼ 11.2%€-25k
2021: €14k
2022: €20k▲ +44.2% vs 2021highest in 5 years
2023: €20k▼ -0.4% vs 2022
2024: €18k▼ -11.2% vs 2023
2025: €-25k▼ -239% vs 2024lowest in 5 years
Net result€6k-€15k▲ 158%€18k▲ 18.9%€18k▼ 1.2%€-23k
2021: €6k
2022: €15k▲ +158% vs 2021
2023: €18k▲ +18.9% vs 2022highest in 5 years
2024: €18k▼ -1.2% vs 2023
2025: €-23k▼ -231% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €18k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.23M
Fixed assets
€922k ▼ 5.6%
Current assets
€308k ▲ 25.1%
Equity and liabilities €1.23M
Equity
€1.20M ▼ 1.9%
Debt
€30k ▲ 52,598%
Debt's share of the balance-sheet total rises from 0.0% to 2.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €93k
Cash flow
€52k▼
2024 · €93k
Current ratio
10.25
Debt to equity
0.03▲
2024 · 0.00
ROE
-1.9%▼
2024 · 1.4%
ROA
-1.9%▼
2024 · 1.4%
Interest coverage
72.03▼
2024 · 948.97
Debt ≤ 1 year
€30k▲
2024 · €57
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.22M€1.23M▲
Fixed assets21/28€977k€922k▼
Tangible fixed assets22/27€977k€922k▼
Land and buildings22€635k€598k▼
Other tangible fixed assets26€342k€324k▼
Current assets29/58€246k€308k▲
Cash at bank and in hand54/58€246k€308k▲
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.23M▲
Equity10/15€1.22M€1.20M▼
Contributions10/11€1.17M€1.17M=
Reserves13€66k€66k=
Non-distributable reserves130/1€66k€66k=
Reserves not available under the articles1311€64k€64k=
Other1319€1k€1k=
Distributable reserves133€496€496=
Profit (loss) carried forward14€-18k€-41k▼
Amounts payable17/49€57€30k▲
Amounts payable within one year42/48€57€30k▲
Trade debts44€57€30k▲
Suppliers440/4€57€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€75k▼
Other operating charges640/8€50€9▼
Gross operating margin9900€93k€50k▼
Operating profit (loss)9901€18k€-25k▼
Financial income75/76B€100€2k▲
Recurring financial income75€100€2k▲
Financial charges65/66B€98€696▲
Recurring financial charges65€98€696▲
Profit (loss) for the period before taxes9903€18k€-23k▼
Profit (loss) for the period9904€18k€-23k▼
Profit (loss) for the period to be appropriated9905€18k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-41k▼
Profit (loss) brought forward from the previous period14P€-35k€-18k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €73k | €73k | €75k | €75k | ▼ 1.0% |
| Other operating charges640/8 | €1 | - | - | €50 | €9 | ▼ 82.0% |
| Gross operating margin9900 | €87k | €93k | €93k | €93k | €50k | ▼ 46.1% |
| Operating profit (loss)9901 | €14k | €20k | €20k | €18k | €-25k | ▼ 239% |
| Financial income75/76B | - | €18 | €7 | €100 | €2k | ▲ 2,067% |
| Recurring financial income75 | - | €18 | €7 | €100 | €2k | ▲ 2,067% |
| Financial charges65/66B | €8k | €5k | €2k | €98 | €696 | ▲ 610% |
| Recurring financial charges65 | €8k | €5k | €2k | €98 | €696 | ▲ 610% |
| Profit (loss) for the period before taxes9903 | €6k | €15k | €18k | €18k | €-23k | ▼ 231% |
| Profit (loss) for the period9904 | €6k | €15k | €18k | €18k | €-23k | ▼ 231% |
| Profit (loss) for the period to be appropriated9905 | €6k | €15k | €18k | €18k | €-23k | ▼ 231% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.32M | €1.26M | €1.21M | €1.22M | €1.23M | ▲ 0.6% |
| Fixed assets21/28 | €1.18M | €1.11M | €1.03M | €977k | €922k | ▼ 5.6% |
| Tangible fixed assets22/27 | €1.18M | €1.11M | €1.03M | €977k | €922k | ▼ 5.6% |
| Land and buildings22 | €744k | €707k | €671k | €635k | €598k | ▼ 5.7% |
| Other tangible fixed assets26 | €436k | €399k | €362k | €342k | €324k | ▼ 5.4% |
| Current assets29/58 | €140k | €153k | €178k | €246k | €308k | ▲ 25.1% |
| Amounts receivable within one year40/41 | €17k | - | - | - | - | - |
| Other amounts receivable41 | €17k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €123k | €153k | €178k | €246k | €308k | ▲ 25.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.32M | €1.26M | €1.21M | €1.22M | €1.23M | ▲ 0.6% |
| Equity10/15 | €1.17M | €1.19M | €1.21M | €1.22M | €1.20M | ▼ 1.9% |
| Contributions10/11 | - | - | €1.17M | €1.17M | €1.17M | = |
| Reserves13 | €66k | €66k | €66k | €66k | €66k | = |
| Non-distributable reserves130/1 | - | - | €66k | €66k | €66k | = |
| Reserves not available under the articles1311 | - | - | €64k | €64k | €64k | = |
| Other1319 | - | - | €1k | €1k | €1k | = |
| Distributable reserves133 | - | - | €496 | €496 | €496 | = |
| Profit (loss) carried forward14 | €-68k | €-53k | €-35k | €-18k | €-41k | ▼ 131% |
| Amounts payable17/49 | €147k | €72k | €5k | €57 | €30k | ▲ 52,598% |
| Amounts payable after more than one year17 | €67k | €5k | - | - | - | - |
| Financial debts170/4 | €67k | €5k | - | - | - | - |
| Amounts payable within one year42/48 | €80k | €67k | €5k | €57 | €30k | ▲ 52,598% |
| Financial debts43 | €59k | €62k | €5k | - | - | - |
| Other loans439 | €59k | €62k | €5k | - | - | - |
| Trade debts44 | €5k | €57 | €57 | €57 | €30k | ▲ 52,598% |
| Suppliers440/4 | €5k | €57 | €57 | €57 | €30k | ▲ 52,598% |
| Taxes, remuneration and social security45 | €17k | - | - | - | - | - |
| Taxes450/3 | €17k | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €269 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €15k | €18k | €18k | €-23k | ▼ 231% |
| + Depreciation and write-downs630 | €73k | €73k | €73k | €75k | €75k | ▼ 1.0% |
| Operating cash flow (approximation) | €79k | €88k | €91k | €93k | €52k | ▼ 44.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-19k | €-20k | ▼ 4.0% |
| Change in cash | - | €30k | €25k | €69k | €62k | ▼ 10.1% |
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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 129current ratio 4318.37
Current ratio from 33.37 to 4318.37; short-term debt falls from €5k to €57.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €18k ▲18.9%
Net result €18k, the highest in the series.
31-12
Financial
Liquidity times 15current ratio 33.37
Current ratio from 2.29 to 33.37; short-term debt falls from €67k to €5k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
Show earlier events
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 120 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 142 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Brussel · 1 establishment unit since 1991
Ground area
322 m²
Building footprint
223 m²
Volume, LiDAR
2,257 m³
Parcel 21806F0125/00D005, Brussels · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Gildenstraat 11, 1000 Brussel
since 19912.324.866.306
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0125/00D005 | Brussels | 322 m² | 1 · 223 m² | 14.6 m · 4 fl. |
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 formCooperative company
Founded28-11-1991
Fiscal year end31-12
Contact
E-mail
iverougstraete@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.