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HESTIAFIRE

Active
Private limited companyfounded 2023active for 2 yearsKerkstraat 115, 1851 Grimbergen, BelgiumKBO/BCE: BE 1003.991.570
Summary

The computed 12-month bankruptcy probability of HESTIAFIRE is 2.1% (moderate). The 2025 annual accounts show equity of €110,558 and a net result of €41,661. Its solvency ranks better than 48% of 35,008 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 28-12-2023 Normal situation
Activity
Specialised construction activities NACE 43223and 2 others
Establishment unit
2.353.423.007 1851 Grimbergen, since 01-01-2024
Financial year end
31 December
Peppol
Reachable since 05-01-2024

Board and ownership

Shareholders
  • VRIESDE Donavan Raphaëldeed of 02-01-2024
  • GANGADIN Altiea Tandicadeed of 02-01-2024

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Turnover
€677,885
▲ 7.4%
Profit
€41,661
▼ 34.8%
Equity
€110,558
▲ 60.5%
Total assets
€244,045
▼ 2.5%
Score breakdownraises riskFounded in 2023Size: turnover €677,885, total assets €244,045Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 21-05-2026)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 70+17
equity 45.3% of total assets
Liquidity 39-6
short-term debt 43.7% · cash 7.7%
Profitability 80-14
return on assets 17.1%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 01-2025: 1.9% 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.4 percentage points vs 03-2025 05-2025: 2.4%▲ +0.1 percentage points vs 04-2025 06-2025: 2.7%▲ +0.3 percentage points vs 05-2025highest value 07-2025: 2.7%● unchanged vs 06-2025highest value 08-2025: 1.7%▼ -1.0 percentage point vs 07-2025 09-2025: 1.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.7%▼ -0.1 percentage points vs 09-2025lowest value 11-2025: 1.8%▲ +0.1 percentage points vs 10-2025 12-2025: 1.9%▲ +0.1 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 2.0%▲ +0.1 percentage points vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%▲ +0.3 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.3%▼ -0.1 percentage points vs 07-2026 09-2026: 2.1%▼ -0.2 percentage points vs 08-2026 10-2026: 2.1%● unchanged vs 09-2026 11-2026: 2.1%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.72 (1.46 in 2024), above the usual 1.5. Short-term debt is 43.7% and cash 7.7% of total assets. However, 54.7% 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 43, micro). It does better than 49% of them on solvency, 27% on liquidity, 58% on profitability and 72% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €677,885, total assets €244,045
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 21-05-2026)
NBB · annual accounts
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 21-05-2026, 71 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
71 days early
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 36 days before 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.
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in specialised constructionsector median €10,218 · 34,996 companies €41,661 View

Recent changes

  1. · Gazette deed IncorporationFounding capital of €5,000, 200 shares · Founders: VRIESDE Donavan Raphaël (oprichter inschrijver) and GANGADIN Altiea Tandica (oprichter inschrijver) · Appointments: VRIESDE Donavan Raphaël (director) and GANGADIN Altiea Tandica (director)
All 4 events

Comparable companies

These companies have the same main activity as HESTIAFIRE: specialised construction activities (NACE 43223). They are comparable in size and age: total assets between €152,000 and €270,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
HESTIAFIRE Grimbergen€244,045€75,839
VOLTTEX Diest€269,681€77,338
PELLET SERVICE Stekene€156,035€105,031
Power & Utility Innovations Dendermonde€166,325€44,221
DCS HAARDEN Stekene€179,585€116,652
Heirman Verwarming Begijnendijk€151,717€37,078
Siteg Riemst€152,724€88,800
Full comparison

Key facts about HESTIAFIRE

What is the company number of HESTIAFIRE?
The company number of HESTIAFIRE is 1003.991.570. The VAT number is the same number with BE in front: BE 1003.991.570.
Where is HESTIAFIRE based?
The registered office is at Kerkstraat 115, 1851 Grimbergen.Company details
What does HESTIAFIRE do?
According to the KBO register, the main activity is specialised construction activities (NACE 43223).
What is the legal form of HESTIAFIRE?
HESTIAFIRE is a private limited company (BV).
When was HESTIAFIRE founded?
HESTIAFIRE was founded on 28-12-2023.
Is HESTIAFIRE still active?
Yes, HESTIAFIRE is an active enterprise in the KBO register.
What is the turnover of HESTIAFIRE?
The turnover of HESTIAFIRE was €677,885 in financial year 2025, according to the filed annual accounts.Financials
Is HESTIAFIRE profitable?
In financial year 2025, HESTIAFIRE made a profit of €41,661.
Where can I find the annual accounts of HESTIAFIRE?
HESTIAFIRE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HESTIAFIRE due?
HESTIAFIRE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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