HEUVELZON
ActiveThe computed 12-month bankruptcy probability of HEUVELZON is 3.2% (moderate). The 2025 annual accounts show equity of €50k and a net result of €13k. Equity is growing by ~86.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 13159 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-4
Solvency56▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.82 in 2024; short-term debt: 38.2% and cash: 2.7% of total assets), and 68.9% 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
31.1%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 6 filingsDeviation from the deadline
2025
19 d late
2024
22 d late
2023
19 d early
2022
32 d late
2021
31 d late
2020
886 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€50k▲ 36.3%
2024 · €37k
2020: €-6k
2021: €2k
2022: €8k
2023: €18k
2024: €37k
2020 → 2025
Total assets
€161k▼ 5.5%
2024 · €171k
2020: €199k
2021: €165k
2022: €143k
2023: €129k
2024: €171k
2020 → 2025
Net result
€13k▼ 29.9%
2024 · €19k
2020: €-26k
2021: €8k
2022: €6k
2023: €10k
2024: €19k
2020 → 2025
Working capital
€-6k▲ 51.7%
2024 · €-12k
2020: €-173k
2021: €-131k
2022: €-132k
2023: €-104k
2024: €-12k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€8k▲ 348%€18k▲ 118%€37k▲ 107%€50k▲ 36.3%
Operating result€-17k-€10k€12k▲ 15.5%€23k▲ 95.6%€18k▼ 19.7%
Net result€8k-€6k▼ 19.0%€10k▲ 52.1%€19k▲ 98.1%€13k▼ 29.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€105k▼ 9.7%
Current assets
€56k▲ 3.7%
Equity and liabilities €161k
Equity
€50k▲ 36.3%
Debt
€111k▼ 16.9%
The debt ratio falls from 78.5% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45k▼
2024 · €51k
Cash flow
€40k▼
2024 · €47k
Solvency
31.1%▲
2024 · 21.5%
Current ratio
0.91▲
2024 · 0.82
Quick ratio
0.91▲
2024 · 0.82
Debt / equity
2.22▼
2024 · 3.64
ROE
26.6%▼
2024 · 51.8%
ROA
8.3%▼
2024 · 11.2%
Interest coverage
9.35▼
2024 · 14.73
Debt
€111k▼
2024 · €134k
Debt ≤ 1 year
€62k▼
2024 · €66k
Debt > 1 year
€50k▼
2024 · €68k
Income taxes
€2k▲
2024 · €249
Staff costs
€32k▼
2024 · €39k
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€171k€161k▼
Fixed assets21/28€117k€105k▼
Tangible fixed assets22/27€117k€105k▼
Plant, machinery and equipment23€95k€83k▼
Furniture and vehicles24€21k€21k▲
Other tangible fixed assets26€1k€1k=
Current assets29/58€54k€56k▲
Amounts receivable within one year40/41€47k€50k▲
Trade receivables40€0-
Other amounts receivable41€47k€50k▲
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€171k€161k▼
Equity10/15€37k€50k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€17k€30k▲
Amounts payable17/49€134k€111k▼
Amounts payable after more than one year17€68k€50k▼
Financial debts170/4€68k€50k▼
Amounts payable within one year42/48€66k€62k▼
Current portion of amounts payable after more than one year42€18k€23k▲
Trade debts44€21k€12k▼
Suppliers440/4€21k€12k▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€13k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€39k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€27k▼
Other operating charges640/8€4k€2k▼
Gross operating margin9900€95k€80k▼
Operating profit (loss)9901€23k€18k▼
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€19k€16k▼
Income taxes67/77€249€2k▲
Profit (loss) for the period9904€19k€13k▼
Profit (loss) for the period to be appropriated9905€19k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€30k▲
Profit (loss) brought forward from the previous period14P€-2k€17k▲
The notes to these accounts (7 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Highest result since 2020net €19k ▲98.1%
Operating result €23k, net result €19k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 886 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tielt-Winge · 1 establishment unit since 2020
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.
Heuvelstraat 1653390 Tielt-WingeGround area
266 m²
Building footprint
113 m²
Volume, LiDAR
927 m³
Parcel 24106F0140/00K002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HEUVELZON
since 20202.303.869.467
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106F0140/00K002 | Flanders | 266 m² | 1 · 113 m² | 10.8 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt-Winge2.303.869.467
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,821 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.