HESTILO IMMO
ActiveHESTILO IMMO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €9k. Equity is shrinking by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+5
Solvency10▲+2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.03 in 2024), and 85.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
14.4%
Return on assets
1.7%
Age of the figures
8 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7673 sector peers (2025).
NBB · sector comparisonPosition among 7673 sector peers
Solvency
better than 15%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €80k
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
23 d late
2020
54 d early
2019
95 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 24.3%
2024 · €8k
2018: €40k
2019: €126k
2020: €30k
2022: €-10k
2023: €7k
2024: €8k
2018 → 2025
Working capital
€-114k▲ 0.7%
2024 · €-114k
2018: €91k
2019: €271k
2020: €243k
2022: €-116k
2023: €-113k
2024: €-114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€299k-€56k▼ 81.2%€63k▲ 12.2%€71k▲ 11.9%€80k▲ 13.2%
Operating result€52k-€-644€21k€21k▲ 3.4%€24k▲ 12.4%
Net result€30k-€-10k€7k€8k▲ 9.7%€9k▲ 24.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €557k
Fixed assets
€524k▼ 5.5%
Current assets
€32k▲ 831%
Equity and liabilities €557k
Equity
€80k▲ 13.2%
Debt
€477k▼ 2.2%
The debt ratio falls from 87.3% to 85.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€57k▲
2024 · €55k
Cash flow
€43k▲
2024 · €41k
Solvency
14.4%▲
2024 · 12.7%
Current ratio
0.22▲
2024 · 0.03
Quick ratio
0.22▲
2024 · 0.03
Debt / equity
5.96▼
2024 · 6.90
ROE
11.7%▲
2024 · 10.6%
ROA
1.7%▲
2024 · 1.3%
Interest coverage
5.58▲
2024 · 4.02
Debt
€477k▼
2024 · €487k
Debt ≤ 1 year
€146k▲
2024 · €118k
Debt > 1 year
€330k▼
2024 · €369k
Income taxes
€4k▲
2024 · €274
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€558k€557k▼
Fixed assets21/28€555k€524k▼
Tangible fixed assets22/27€555k€524k▼
Land and buildings22€532k€500k▼
Plant, machinery and equipment23€2k€596▼
Assets under construction and advance payments27€21k€24k▲
Current assets29/58€3k€32k▲
Amounts receivable within one year40/41€852€852=
Trade receivables40€125€125=
Other amounts receivable41€726€726=
Cash at bank and in hand54/58€2k€31k▲
Deferred charges and accrued income490/1€985€1k▲
Equity and liabilities
Total equity and liabilities10/49€558k€557k▼
Equity10/15€71k€80k▲
Contributions10/11€7k€7k=
Reserves13€31k€40k▲
Distributable reserves133€31k€40k▲
Profit (loss) carried forward14€33k€33k=
Amounts payable17/49€487k€477k▼
Amounts payable after more than one year17€369k€330k▼
Financial debts170/4€369k€330k▼
Amounts payable within one year42/48€118k€146k▲
Current portion of amounts payable after more than one year42€39k€40k▲
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€75k€102k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€61k€64k▲
Operating profit (loss)9901€21k€24k▲
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€8k€14k▲
Income taxes67/77€274€4k▲
Profit (loss) for the period9904€8k€9k▲
Profit (loss) for the period to be appropriated9905€8k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€42k▲
Profit (loss) brought forward from the previous period14P€25k€33k▲
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (15 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-10k ▼132%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €126k ▲215%
Operating result €175k, net result €126k, both a record.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
19-06
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.
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, Morlanwelz · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Ateliers(MLZ) 2B7140 MorlanwelzGround area
5,120 m²
Building footprint
1,104 m²
Volume, LiDAR
6,208 m³
2 parcels, Wallonia · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bois Style & Passion
since 20182.280.982.813
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0268/00C006 | Wallonia | 2,902 m² | 1 · 930 m² | 14.6 m · 2 fl. |
| 56057A0268/00D006 | Wallonia | 2,217 m² | 1 · 175 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TEGELWERKEN DIRK NEVEN
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 7,626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-2013
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
68203Renting and operating of own or leased non-residential real estate, excluding land
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.