HETICON
ActiveHETICON has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €124k and a net result of €14k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 10.74 against 9.31 in 2024; short-term debt: 8.8% and cash: 87.9% of total assets), and 8.8% 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 · 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 · 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
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
91.2%
Return on assets
10.2%
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 15-04-2026, 107 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
107 d early
2024
128 d early
2023
128 d early
2022
41 d early
2021
135 d early
2020
2 d early
2019
18 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€124k▲ 12.7%
2024 · €110k
2018: €70k
2019: €74k
2020: €78k
2021: €80k
2022: €81k
2023: €104k
2024: €110k
2018 → 2025
Total assets
€136k▲ 11.4%
2024 · €122k
2018: €81k
2019: €90k
2020: €85k
2021: €91k
2022: €99k
2023: €113k
2024: €122k
2018 → 2025
Net result
€14k▲ 55.4%
2024 · €9k
2018: €3k
2019: €4k
2020: €3k
2021: €2k
2022: €1k
2023: €23k
2024: €9k
2018 → 2025
Working capital
€117k▲ 17.5%
2024 · €100k
2018: €69k
2019: €66k
2020: €70k
2021: €72k
2022: €77k
2023: €92k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€81k▲ 1.6%€104k▲ 27.9%€110k▲ 6.2%€124k▲ 12.7%
Operating result€7k-€3k▼ 55.3%€31k▲ 815%€14k▼ 54.2%€20k▲ 46.3%
Net result€2k-€1k▼ 36.2%€23k▲ 1,642%€9k▼ 60.3%€14k▲ 55.4%
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 2025; 2025 is 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€7k▼ 34.2%
Current assets
€129k▲ 15.7%
Equity and liabilities €136k
Equity
€124k▲ 12.7%
Debt
€12k▲ 0.3%
The debt ratio falls from 9.8% to 8.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €18k
Cash flow
€18k▲
2024 · €13k
Solvency
91.2%▲
2024 · 90.2%
Current ratio
10.74▲
2024 · 9.31
Quick ratio
10.74▲
2024 · 9.31
Debt / equity
0.10▼
2024 · 0.11
ROE
11.2%▲
2024 · 8.1%
ROA
10.2%▲
2024 · 7.3%
Interest coverage
16.41▲
2024 · 15.24
Debt
€12k▲
2024 · €12k
Debt ≤ 1 year
€12k▲
2024 · €12k
Income taxes
€6k▲
2024 · €4k
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€122k€136k▲
Fixed assets21/28€10k€7k▼
Tangible fixed assets22/27€10k€7k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€7k€5k▼
Current assets29/58€112k€129k▲
Amounts receivable within one year40/41€7k€8k▲
Trade receivables40€7k€8k▲
Cash at bank and in hand54/58€104k€120k▲
Deferred charges and accrued income490/1€852€2k▲
Equity and liabilities
Total equity and liabilities10/49€122k€136k▲
Equity10/15€110k€124k▲
Contributions10/11€12k€12k=
Reserves13€98k€112k▲
Distributable reserves133€98k€112k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€12k€12k▲
Amounts payable within one year42/48€12k€12k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€2k€839▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€656€628▼
Gross operating margin9900€18k€25k▲
Operating profit (loss)9901€14k€20k▲
Financial income75/76B€440€450▲
Recurring financial income75€440€450▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€13k€19k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€9k€14k▲
Profit (loss) for the period to be appropriated9905€9k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€14k▲
Transfer from equity791/2€3k€0▼
Transfer to equity691/2€9k€14k▲
To other reserves6921€9k€14k▲
Profit to be distributed694/7€3k€0▼
Return on contributions (dividend)694€3k€0▼
The notes to these accounts (4 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €23k ▲1642%
Operating result €31k, net result €23k, both a record.
31-12
Financial
Equity above €100kEq €104k ▲27.9%
6 profitable years in a row build equity to €104k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €1k ▼36.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 11.37
Current ratio from 5.20 to 11.37; short-term debt falls from €16k to €7k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Tienen · 1 establishment unit since 2002
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.
Alexianenweg 153300 TienenGround area
4,358 m²
Building footprint
1,224 m²
Volume, LiDAR
14,355 m³
Parcel 24593H0148/00X000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Alexianenweg 15, 3300 Tienen
since 20022.100.620.122
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593H0148/00X000 | Flanders | 4,358 m² | 1 · 1,224 m² | 16.5 m · 4 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.
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CALLEWAERT KEVIN
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,737 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2002
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:heticon@skynet.be
Phone:016 825496