HETRONIC
ActiveSummary
HETRONIC has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.46M and a net result of €1.26M. Equity is growing by ~43.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 66 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2024
Profitability100▲+59
Solvency67▲+37
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 0.51 in 2024; short-term debt: 51.8% and cash: 17.4% of total assets), but 58.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2026Solvency, return and age of the figures
Solvency
41.8%
Return on assets
36.2%
Age of the figures
3 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 21-09-2026, 132 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
132 d early
2024
131 d early
2023
11 d early
2022
31 d early
2021
37 d early
2020
31 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.26M▲ 1,700%
2024 · €70k
Working capital
€1.46M
2024 · €-574k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242026
Operating result€428k▲ 140%€355k▼ 17.2%€215k▼ 39.4%€180k▼ 16.2%€1.95M-
Net result€336k▲ 154%€243k▼ 27.7%€116k▼ 52.2%€70k▼ 39.7%€1.26M-
Equity€566k▲ 146%€810k▲ 43.0%€926k▲ 14.4%€196k▼ 78.8%€1.46M-
Total assets€3.84M▲ 21.5%€3.98M▲ 3.5%€4.17M▲ 4.8%€3.83M▼ 8.2%€3.48M-
Debt€3.28M▲ 11.7%€3.17M▼ 3.3%€3.24M▲ 2.4%€3.63M▲ 12.0%€2.03M-
Working capital€53k€363k▲ 586%€623k▲ 71.6%€-574k€1.46M-
Staff (FTE)0-
Result per fiscal year
Operating resultNet result
The operating result is €1.95M in 2026, compared with €180k in 2024. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2026 in colour, 2024 as the grey bar beneath
Assets €3.48M
Fixed assets
€221k ▼ 93.2%
Current assets
€3.26M ▲ 444%
Equity and liabilities €3.48M
Equity
€1.46M ▲ 644%
Debt
€2.03M ▼ 44.2%
Debt's share of the balance-sheet total falls from 94.9% to 58.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.02M▲
2024 · €304k
Cash flow
€1.34M▲
2024 · €194k
Current ratio
1.81▲
2024 · 0.51
Debt to equity
1.39▼
2024 · 18.54
ROE
86.6%▲
2024 · 35.8%
ROA
36.2%▲
2024 · 1.8%
Interest coverage
8.13▲
2024 · 2.42
Debt ≤ 1 year
€1.80M▲
2024 · €1.17M
Debt > 1 year
€135k▼
2024 · €2.45M
Income taxes
€440k▲
2024 · €-11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1.95M | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €444k | €471k | €455k | €124k | €75k | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €40k | - |
| Other operating charges640/8 | - | €22k | €11k | €15k | €19k | - |
| Non-recurring operating charges66A | - | €8k | €13k | €23k | €249k | - |
| Gross operating margin9900 | €901k | €855k | €693k | €342k | €2.33M | - |
| Operating profit (loss)9901 | €428k | €355k | €215k | €180k | €1.95M | - |
| Financial income75/76B | - | €10 | €14k | €5k | €3k | - |
| Recurring financial income75 | €298 | €10 | €14k | €5k | €3k | - |
| Financial charges65/66B | - | €74k | €92k | €126k | €249k | - |
| Recurring financial charges65 | €70k | €74k | €92k | €126k | €249k | - |
| Profit (loss) for the period before taxes9903 | €359k | €281k | €137k | €59k | €1.70M | - |
| Income taxes67/77 | €22k | €38k | €20k | €-11k | €440k | - |
| Profit (loss) for the period9904 | €336k | €243k | €116k | €70k | €1.26M | - |
| Profit (loss) for the period to be appropriated9905 | €336k | €243k | €116k | €70k | €1.26M | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.84M | €3.98M | €4.17M | €3.83M | €3.48M | - |
| Fixed assets21/28 | €2.94M | €2.77M | €2.55M | €3.23M | €221k | - |
| Tangible fixed assets22/27 | €2.94M | €2.77M | €2.55M | €3.23M | €221k | - |
| Land and buildings22 | - | €46k | €46k | €46k | €0 | - |
| Plant, machinery and equipment23 | - | €1.10M | €850k | €1.09M | €4k | - |
| Furniture and vehicles24 | - | - | - | - | €178 | - |
| Leasing and similar rights25 | - | €1.62M | €1.66M | €2.09M | €216k | - |
| Current assets29/58 | €898k | €1.21M | €1.62M | €600k | €3.26M | - |
| Stocks and contracts in progress3 | - | - | - | €10k | €0 | - |
| Stocks30/36 | - | - | - | €10k | €0 | - |
| Amounts receivable within one year40/41 | €774k | €1.13M | €1.16M | €505k | €2.64M | - |
| Trade receivables40 | - | €725k | €179k | €253k | €580k | - |
| Other amounts receivable41 | - | €404k | €982k | €251k | €2.06M | - |
| Cash at bank and in hand54/58 | €84k | €61k | €402k | €48k | €606k | - |
| Deferred charges and accrued income490/1 | - | €21k | €53k | €38k | €19k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.84M | €3.98M | €4.17M | €3.83M | €3.48M | - |
| Equity10/15 | €566k | €810k | €926k | €196k | €1.46M | - |
| Contributions10/11 | €81k | €81k | €81k | €81k | €81k | - |
| Capital10 | - | €81k | €81k | €81k | €81k | - |
| Issued capital100 | - | €81k | €81k | €81k | €81k | - |
| Reserves13 | €486k | €729k | €845k | €115k | €1.38M | - |
| Non-distributable reserves130/1 | - | €8k | €8k | €8k | €8k | - |
| Legal reserve130 | - | €8k | €8k | €8k | €8k | - |
| Distributable reserves133 | - | €721k | €837k | €107k | €1.37M | - |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €3.28M | €3.17M | €3.24M | €3.63M | €2.03M | - |
| Amounts payable after more than one year17 | €2.43M | €2.32M | €2.25M | €2.45M | €135k | - |
| Financial debts170/4 | - | €2.32M | €2.25M | €2.45M | €135k | - |
| Amounts payable within one year42/48 | €846k | €848k | €993k | €1.17M | €1.80M | - |
| Current portion of amounts payable after more than one year42 | - | €565k | €664k | €845k | €1.15M | - |
| Financial debts43 | - | - | - | - | €25k | - |
| Credit institutions430/8 | - | - | - | - | €25k | - |
| Trade debts44 | €269k | €178k | €302k | €121k | €468k | - |
| Suppliers440/4 | - | €178k | €302k | €121k | €468k | - |
| Taxes, remuneration and social security45 | - | €38k | - | €13k | €96k | - |
| Taxes450/3 | - | €38k | - | €13k | €96k | - |
| Other amounts payable47/48 | - | €67k | €28k | €195k | €68k | - |
| Accrued charges and deferred income492/3 | - | €621 | - | €7k | €86k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €336k | €243k | €116k | €70k | €1.26M | - |
| + Depreciation and write-downs630 | €444k | €471k | €455k | €124k | €75k | - |
| Operating cash flow (approximation) | €780k | €715k | €571k | €194k | €1.34M | - |
| Investment in fixed assets (approximation) | - | €-294k | €-242k | €-800k | - | - |
| Change in cash | - | €-23k | €341k | €-355k | - | - |
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
2026
21-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
30-06
Financial
Highest result since 2018net €1.26M ▲1,700%
Operating result €1.95M, net result €1.26M, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 1.81
Current ratio from 0.51 to 1.81.
30-06
Financial
Equity above €1MEq €1.46M ▲644%
8 profitable years in a row build equity to €1.46M.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €500kEq €566k ▲146%
4 profitable years in a row build equity to €566k.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €200kEq €230k ▲136%
3 profitable years in a row build equity to €230k.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Weakest financial yearnet €9k ▼84.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
16 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, Kontich · 1 establishment unit since 1987
Ground area
8,156 m²
Building footprint
1,180 m²
Volume, LiDAR
7,416 m³
Parcel 11024G0272/00A000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
HETRONIC NV / STEFCA VERHUUR
since 19872.031.283.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0272/00A000 | Flanders | 8,156 m² | 1 · 1,180 m² | 7.5 m · 2 fl. |
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.
Similar companies · same sector, comparable size
INSITAAR
BE 0554.697.369
Sint-Agatha-Berchem · Eq €1,457,485
TENNIS CLUB DAVIS
BE 0469.665.882
Sint-Truiden · Eq €1,457,447
PIESSENS HOLDING
BE 0480.046.565
Sint-Niklaas · Eq €1,457,741
UP WIDER
BE 0540.685.621
Ukkel · Eq €1,457,296
ORIENTES
BE 0865.596.227
Antwerpen · Eq €1,457,260
Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 23,672 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-10-1987
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.