HESTIART
ActiveThe computed 12-month bankruptcy probability of HESTIART is 2.7% (moderate). The 2025 annual accounts show equity of €128 and a net result of €10k. Equity is growing by ~48.8% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency0▼-33
Growth78=
Stability94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.02 in 2024), and 99.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
0.1%
Return on assets
5.5%
Age of the figures
8 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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
12 d early
2022
23 d late
← before the deadline
after the deadline →
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
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128
2024 · €-10k
2022: €-15k
2023: €-17k
2024: €-10k
2022 → 2025
Total assets
€176k▼ 2.3%
2024 · €180k
2022: €202k
2023: €186k
2024: €180k
2022 → 2025
Net result
€10k▲ 38.6%
2024 · €7k
2022: €-18k
2023: €-1k
2024: €7k
2022 → 2025
Working capital
€-86k▲ 0.1%
2024 · €-87k
2022: €-73k
2023: €-84k
2024: €-87k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-15k-€-17k▼ 8.5%€-10k▲ 42.2%€128
Operating result€-16k-€696€9k▲ 1,165%€11k▲ 28.5%
Net result€-18k-€-1k▲ 92.7%€7k€10k▲ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 28% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€172k▼ 3.4%
Current assets
€4k▲ 90.2%
Equity and liabilities €176k
Equity
€128
Debt
€176k
Debt finances 99.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€17k▲
2024 · €15k
Cash flow
€16k▲
2024 · €13k
Solvency
0.1%▲
2024 · -5.3%
Current ratio
0.04▲
2024 · 0.02
Quick ratio
0.04▲
2024 · 0.02
Debt / equity
1379.97▲
2024 · -19.80
ROE
7619.7%▲
2024 · -73.1%
ROA
5.5%▲
2024 · 3.9%
Interest coverage
10.93▲
2024 · 8.27
Debt
€176k▼
2024 · €190k
Debt ≤ 1 year
€90k▲
2024 · €89k
Debt > 1 year
€86k▼
2024 · €101k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€180k€176k▼
Fixed assets21/28€178k€172k▼
Tangible fixed assets22/27€178k€172k▼
Land and buildings22€178k€172k▼
Current assets29/58€2k€4k▲
Cash at bank and in hand54/58€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€180k€176k▼
Equity10/15€-10k€128▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-12k€-2k▲
Amounts payable17/49€190k€176k▼
Amounts payable after more than one year17€101k€86k▼
Financial debts170/4€101k€86k▼
Amounts payable within one year42/48€89k€90k▲
Current portion of amounts payable after more than one year42€16k€16k=
Other amounts payable47/48€73k€75k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€17k€19k▲
Operating profit (loss)9901€9k€11k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€7k€10k▲
Profit (loss) for the period9904€7k€10k▲
Profit (loss) for the period to be appropriated9905€7k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-2k▲
Profit (loss) brought forward from the previous period14P€-19k€-12k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €10k ▲38.6%
Operating result €11k, net result €10k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aarschot · 1 establishment unit since 2022
Ground area
1,014 m²
Building footprint
166 m²
Volume, LiDAR
971 m³
Parcel 24652D0270/00A002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HESTIART
since 20222.328.156.485
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24652D0270/00A002 | Flanders | 1,014 m² | 1 · 166 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.