HESTON
ActiveSummary
HESTON has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €742k and a net result of €65k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 34% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+10
Solvency41▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.23 in 2024; short-term debt: 6.4% and cash: 0.9% of total assets), and 84.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
15.7%
Return on assets
1.4%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
8 d early
2023
26 d late
2022
20 d early
2021
45 d early
2020
26 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, abbreviated schema
Equity
€742k▲ 9.5%
2024 · €677k
2020: €509k
2021: €384k▼ -24.5% vs 2020lowest in 6 years
2022: €585k▲ +52.3% vs 2021
2023: €640k▲ +9.5% vs 2022
2024: €677k▲ +5.8% vs 2023
2025: €742k▲ +9.5% vs 2024highest in 6 years
2020 → 2025
Total assets
€4.73M▼ 3.9%
2024 · €4.92M
2020: €5.44Mhighest in 6 years
2021: €5.36M▼ -1.5% vs 2020
2022: €5.43M▲ +1.4% vs 2021
2023: €5.26M▼ -3.2% vs 2022
2024: €4.92M▼ -6.4% vs 2023
2025: €4.73M▼ -3.9% vs 2024lowest in 6 years
2020 → 2025
Net result
€65k▲ 74.9%
2024 · €37k
2020: €-791klowest in 6 years
2021: €-125k▲ +84.2% vs 2020
2022: €201k▲ +261% vs 2021highest in 6 years
2023: €55k▼ -72.4% vs 2022
2024: €37k▼ -33.3% vs 2023
2025: €65k▲ +74.9% vs 2024
2020 → 2025
Working capital
€-222k▲ 3.0%
2024 · €-229k
2020: €-117k
2021: €-191k▼ -63.4% vs 2020
2022: €-34k▲ +82.1% vs 2021highest in 6 years
2023: €-112k▼ -227% vs 2022
2024: €-229k▼ -105% vs 2023lowest in 6 years
2025: €-222k▲ +3.0% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€585k▲ 52.3%€640k▲ 9.5%€677k▲ 5.8%€742k▲ 9.5%
2021: €384klowest in 5 years
2022: €585k▲ +52.3% vs 2021
2023: €640k▲ +9.5% vs 2022
2024: €677k▲ +5.8% vs 2023
2025: €742k▲ +9.5% vs 2024highest in 5 years
Operating result€-67k-€263k€151k▼ 42.6%€135k▼ 11.0%€138k▲ 2.6%
2021: €-67klowest in 5 years
2022: €263k▲ +494% vs 2021highest in 5 years
2023: €151k▼ -42.6% vs 2022
2024: €135k▼ -11.0% vs 2023
2025: €138k▲ +2.6% vs 2024
Net result€-125k-€201k€55k▼ 72.4%€37k▼ 33.3%€65k▲ 74.9%
2021: €-125klowest in 5 years
2022: €201k▲ +261% vs 2021highest in 5 years
2023: €55k▼ -72.4% vs 2022
2024: €37k▼ -33.3% vs 2023
2025: €65k▲ +74.9% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.73M
Fixed assets
€4.65M ▼ 4.2%
Current assets
€78k ▲ 15.0%
Equity and liabilities €4.73M
Equity
€742k ▲ 9.5%
Debt
€3.99M ▼ 6.1%
Debt's share of the balance-sheet total falls from 86.2% to 84.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€341k▲
2024 · €338k
Cash flow
€268k▲
2024 · €240k
Current ratio
0.26▲
2024 · 0.23
Debt to equity
5.38▼
2024 · 6.27
ROE
8.7%▲
2024 · 5.5%
ROA
1.4%▲
2024 · 0.8%
Interest coverage
4.64▲
2024 · 3.46
Debt ≤ 1 year
€300k▲
2024 · €297k
Debt > 1 year
€3.69M▼
2024 · €3.95M
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.92M€4.73M▼
Fixed assets21/28€4.85M€4.65M▼
Tangible fixed assets22/27€4.85M€4.65M▼
Land and buildings22€4.85M€4.65M▼
Current assets29/58€68k€78k▲
Amounts receivable within one year40/41€36k€36k▼
Trade receivables40€36k€36k=
Other amounts receivable41€27€0▼
Cash at bank and in hand54/58€31k€41k▲
Deferred charges and accrued income490/1€751€759▲
Equity and liabilities
Total equity and liabilities10/49€4.92M€4.73M▼
Equity10/15€677k€742k▲
Contributions10/11€1.30M€1.30M=
Profit (loss) carried forward14€-623k€-558k▲
Amounts payable17/49€4.25M€3.99M▼
Amounts payable after more than one year17€3.95M€3.69M▼
Financial debts170/4€3.95M€3.69M▼
Amounts payable within one year42/48€297k€300k▲
Current portion of amounts payable after more than one year42€278k€281k▲
Trade debts44€126€232▲
Suppliers440/4€126€232▲
Taxes, remuneration and social security45€19k€19k▼
Taxes450/3€19k€19k▼
Accrued charges and deferred income492/3€1k€211▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€203k=
Other operating charges640/8€63k€65k▲
Gross operating margin9900€401k€406k▲
Operating profit (loss)9901€135k€138k▲
Financial charges65/66B€98k€73k▼
Recurring financial charges65€98k€73k▼
Profit (loss) for the period before taxes9903€37k€65k▲
Profit (loss) for the period9904€37k€65k▲
Profit (loss) for the period to be appropriated9905€37k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-623k€-558k▲
Profit (loss) brought forward from the previous period14P€-660k€-623k▲
The notes to these accounts (10 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 | €176k | €188k | €201k | €203k | €203k | = |
| Other operating charges640/8 | €54k | €56k | €61k | €63k | €65k | ▲ 3.1% |
| Gross operating margin9900 | €163k | €507k | €413k | €401k | €406k | ▲ 1.4% |
| Operating profit (loss)9901 | €-67k | €263k | €151k | €135k | €138k | ▲ 2.6% |
| Financial income75/76B | €100 | - | - | - | - | - |
| Recurring financial income75 | €100 | - | - | - | - | - |
| Financial charges65/66B | €58k | €62k | €96k | €98k | €73k | ▼ 24.8% |
| Recurring financial charges65 | €58k | €62k | €96k | €98k | €73k | ▼ 24.8% |
| Profit (loss) for the period before taxes9903 | €-125k | €201k | €55k | €37k | €65k | ▲ 74.9% |
| Profit (loss) for the period9904 | €-125k | €201k | €55k | €37k | €65k | ▲ 74.9% |
| Profit (loss) for the period to be appropriated9905 | €-125k | €201k | €55k | €37k | €65k | ▲ 74.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.36M | €5.43M | €5.26M | €4.92M | €4.73M | ▼ 3.9% |
| Fixed assets21/28 | €5.25M | €5.20M | €5.06M | €4.85M | €4.65M | ▼ 4.2% |
| Tangible fixed assets22/27 | €5.25M | €5.20M | €5.06M | €4.85M | €4.65M | ▼ 4.2% |
| Land and buildings22 | €5.07M | €5.20M | €5.06M | €4.85M | €4.65M | ▼ 4.2% |
| Assets under construction and advance payments27 | €178k | - | - | - | - | - |
| Current assets29/58 | €112k | €236k | €202k | €68k | €78k | ▲ 15.0% |
| Amounts receivable within one year40/41 | - | €188k | €105k | €36k | €36k | ▼ 0.1% |
| Trade receivables40 | - | €188k | €105k | €36k | €36k | = |
| Other amounts receivable41 | - | - | - | €27 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €112k | €48k | €97k | €31k | €41k | ▲ 33.1% |
| Deferred charges and accrued income490/1 | €204 | €215 | €249 | €751 | €759 | ▲ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.36M | €5.43M | €5.26M | €4.92M | €4.73M | ▼ 3.9% |
| Equity10/15 | €384k | €585k | €640k | €677k | €742k | ▲ 9.5% |
| Contributions10/11 | €1.30M | €1.30M | €1.30M | €1.30M | €1.30M | = |
| Profit (loss) carried forward14 | €-916k | €-715k | €-660k | €-623k | €-558k | ▲ 10.4% |
| Amounts payable17/49 | €4.98M | €4.85M | €4.62M | €4.25M | €3.99M | ▼ 6.1% |
| Amounts payable after more than one year17 | €4.67M | €4.58M | €4.30M | €3.95M | €3.69M | ▼ 6.6% |
| Financial debts170/4 | €4.67M | €4.58M | €4.30M | €3.95M | €3.69M | ▼ 6.6% |
| Amounts payable within one year42/48 | €303k | €270k | €314k | €297k | €300k | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | €248k | €251k | €275k | €278k | €281k | ▲ 1.2% |
| Trade debts44 | €38k | €514 | €20k | €126 | €232 | ▲ 83.5% |
| Suppliers440/4 | €38k | €514 | €20k | €126 | €232 | ▲ 83.5% |
| Taxes, remuneration and social security45 | €17k | €19k | €19k | €19k | €19k | ▼ 0.5% |
| Taxes450/3 | €17k | €19k | €19k | €19k | €19k | ▼ 0.5% |
| Accrued charges and deferred income492/3 | - | - | €2k | €1k | €211 | ▼ 81.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-125k | €201k | €55k | €37k | €65k | ▲ 74.9% |
| + Depreciation and write-downs630 | €176k | €188k | €201k | €203k | €203k | = |
| Operating cash flow (approximation) | €51k | €389k | €256k | €240k | €268k | ▲ 11.5% |
| Investment in fixed assets (approximation) | - | €-139k | €-61k | €0 | €0 | - |
| Change in cash | - | €-64k | €50k | €-66k | €10k | ▲ 115% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €201k
Net result €201k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €585k ▲52.3%
Equity rises from €384k to €585k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 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, Heist-op-den-Berg · 1 establishment unit since 2019
Ground area
105 m²
Parcel 12322I0613/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
HESTON
since 20192.297.236.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0613/00E000 | Flanders | 105 m² | - | - |
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.
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Of 7,326 companies in sector 68110 we hold annual accounts for 5,385. 3,447 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.