HESTY
ActiveHESTY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €164k and a net result of €71k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 25% of 2027 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+28
Solvency28=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 96.5% and cash: 0% of total assets), and 96.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 25% of 2027 sector peers (2024).
NBB · sector comparisonPosition among 2027 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
33 d early
2022
33 d early
2021
54 d early
2020
58 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€164k▲ 76.2%
2023 · €93k
2018: €76k
2019: €77k
2020: €108k
2021: €109k
2022: €122k
2023: €93k
2018 → 2024
Total assets
€4.73M▲ 39.1%
2023 · €3.40M
2018: €334k
2019: €1.33M
2020: €3.15M
2021: €3.14M
2022: €3.10M
2023: €3.40M
2018 → 2024
Net result
€71k
2023 · €-30k
2018: €1k
2019: €1k
2020: €31k
2021: €32k
2022: €13k
2023: €-30k
2018 → 2024
Working capital
€-4.57M▼ 38.6%
2023 · €-3.29M
2018: €-246k
2019: €-1.24M
2020: €-2.92M
2021: €-3.03M
2022: €-2.97M
2023: €-3.29M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€108k-€109k▲ 0.8%€122k▲ 12.4%€93k▼ 24.1%€164k▲ 76.2%
Operating result€47k-€87k▲ 85.9%€63k▼ 27.4%€17k▼ 73.1%€121k▲ 609%
Net result€31k-€32k▲ 1.6%€13k▼ 57.6%€-30k€71k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 609% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.73M
Fixed assets
€4.73M▲ 39.6%
Current assets
€230▼ 98.0%
Equity and liabilities €4.73M
Equity
€164k▲ 76.2%
Debt
€4.57M▲ 38.1%
The debt ratio falls from 97.3% to 96.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€269k▲
2023 · €143k
Cash flow
€219k▲
2023 · €97k
Solvency
3.5%▲
2023 · 2.7%
Current ratio
0.00▼
2023 · 0.00
Quick ratio
0.00▼
2023 · 0.00
Debt / equity
27.91▼
2023 · 35.61
ROE
43.2%▲
2023 · -31.8%
ROA
1.5%▲
2023 · -0.9%
Interest coverage
7.81▲
2023 · 3.08
Debt
€4.57M▲
2023 · €3.31M
Debt ≤ 1 year
€4.57M▲
2023 · €3.31M
Debt > 1 year
€4k=
2023 · €4k
Income taxes
€15k▲
2023 · €0
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.40M€4.73M▲
Fixed assets21/28€3.39M€4.73M▲
Tangible fixed assets22/27€2.39M€2.26M▼
Land and buildings22€1.79M€1.72M▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€594k€537k▼
Financial fixed assets28€1,000k€2.48M▲
Current assets29/58€12k€230▼
Cash at bank and in hand54/58€10k€230▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€3.40M€4.73M▲
Equity10/15€93k€164k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€36k€36k=
Non-distributable reserves130/1€36k€36k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€30k€30k=
Profit (loss) carried forward14€-5k€66k▲
Amounts payable17/49€3.31M€4.57M▲
Amounts payable after more than one year17€4k€4k=
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€3.31M€4.57M▲
Taxes, remuneration and social security45€11k€30k▲
Taxes450/3€11k€30k▲
Other amounts payable47/48€3.30M€4.54M▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€148k▲
Other operating charges640/8€27k€28k▲
Gross operating margin9900€170k€297k▲
Operating profit (loss)9901€17k€121k▲
Financial charges65/66B€47k€34k▼
Recurring financial charges65€47k€34k▼
Profit (loss) for the period before taxes9903€-30k€86k▲
Income taxes67/77€0€15k▲
Profit (loss) for the period9904€-30k€71k▲
Profit (loss) for the period to be appropriated9905€-30k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€66k▲
Profit (loss) brought forward from the previous period14P€24k€-5k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-09
State Gazette act
General meeting · Director reappointmentGeneral meeting · Director reappointment · Mandate compensation8 facts ▸
State Gazette act
General meeting · Director reappointment
General meeting · Director reappointment · Mandate compensation8 facts ▸
- General meeting, 2026-05-19
- Director reappointment, Blavier Sophie (administrateur)
- Director reappointment, Blavier Philippe (administrateur)
- Director reappointment, Blavier Modeste (administrateur)
- Director reappointment, Blavier Philippe (administrateur délégué)
- Mandate compensation, Blavier Sophie
- Mandate compensation, Blavier Philippe
- Mandate compensation, Blavier Modeste
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €71k
Net result €71k after one loss-making year.
31-12
Financial
Equity above €150kEq €164k ▲76.2%
Equity rises from €93k to €164k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-30k ▼319%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €108k ▲40.8%
3 profitable years in a row build equity to €108k.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26114512). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Blavier Modeste
CurrentDirector · since 19-05-2026
Blavier Philippe
CurrentDirector · since 19-05-2026
Blavier Sophie
CurrentDirector · since 19-05-2026
19-05-2026
Blavier Modeste: Mandate renewed as Director
19-05-2026
Blavier Philippe: Mandate renewed as Director
19-05-2026
Blavier Philippe: Mandate renewed as Managing director
19-05-2026
Blavier Sophie: Mandate renewed as Director
Location & real-estate footprint
Registered office, Enghien · 1 establishment unit since 2001
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.
Vanlaethemstraat(P.E.) 277850 EnghienGround area
2,299 m²
Building footprint
345 m²
Volume, LiDAR
1,844 m³
Parcel 55033B0478/00B000, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanlaethemstraat(P.E.) 27, 7850 Enghien
since 20012.311.090.128
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55033B0478/00B000 | Wallonia | 2,299 m² | 1 · 345 m² | 9.2 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.
Similar companies · same sector, comparable size
DAKWERKEN MARAS - COOLS
BE 0812.148.039
Sint-Niklaas · Eq €162k
Glasboy
BE 0785.402.169
Kontich · Eq €166k
DS LOCATION
BE 0808.107.295
Saint-Ghislain · Eq €160k
MONDIAL LOC
BE 0750.630.144
Oupeye · Eq €171k
SPECTRUM ENERGIE
BE 0418.751.869
Roeselare · Eq €157k
Of 667 companies in sector 77320 we hold annual accounts for 492. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-06-2001
Fiscal year end31-12
Activities, NACEBEL
77320Rental and leasing activities
46643Wholesale of electrical equipment, including installation materials
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.