HEV
ActiveSummary
The computed 12-month bankruptcy probability of HEV is 4.1% (elevated). The 2025 annual accounts show equity of €162,632 and a net result of €12,010. Equity is growing by ~13.8% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 59 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €96,050 | €101,185 | €110,185 | €125,741 | €109,229 | ▼ 13.1% |
| Goods, raw materials, services and sundry goods60/61 | €13,124 | €14,208 | €16,528 | €16,336 | €14,216 | ▼ 13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38,994 | €39,928 | €41,208 | €41,293 | €41,979 | ▲ 1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €1,364 | - |
| Other operating charges640/8 | €9,092 | €8,631 | €10,388 | €10,630 | €11,198 | ▲ 5.3% |
| Gross operating margin9900 | €82,926 | €86,977 | €93,657 | €109,405 | €95,013 | ▼ 13.2% |
| Operating profit (loss)9901 | €34,840 | €38,418 | €42,061 | €57,482 | €40,472 | ▼ 29.6% |
| Financial charges65/66B | €20,705 | €21,158 | €22,226 | €23,352 | €24,535 | ▲ 5.1% |
| Recurring financial charges65 | €20,705 | €21,158 | €22,226 | €23,352 | €24,535 | ▲ 5.1% |
| Profit (loss) for the period before taxes9903 | €14,135 | €17,260 | €19,835 | €34,130 | €15,937 | ▼ 53.3% |
| Income taxes67/77 | €3,152 | €3,926 | €4,959 | €8,800 | €3,927 | ▼ 55.4% |
| Profit (loss) for the period9904 | €10,983 | €13,334 | €14,876 | €25,330 | €12,010 | ▼ 52.6% |
| Profit (loss) for the period to be appropriated9905 | €10,983 | €13,334 | €14,876 | €25,330 | €12,010 | ▼ 52.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €492,338 | €459,586 | €443,387 | €420,588 | €409,000 | ▼ 2.8% |
| Formation expenses20 | €14,436 | €10,827 | €7,218 | €3,609 | - | - |
| Fixed assets21/28 | €405,240 | €379,416 | €346,390 | €308,706 | €294,073 | ▼ 4.7% |
| Tangible fixed assets22/27 | €405,240 | €379,416 | €346,390 | €308,706 | €294,073 | ▼ 4.7% |
| Land and buildings22 | €375,380 | €350,053 | €316,054 | €282,054 | €261,423 | ▼ 7.3% |
| Plant, machinery and equipment23 | €29,860 | €29,363 | €28,862 | €25,915 | €32,650 | ▲ 26.0% |
| Furniture and vehicles24 | - | - | €1,474 | €737 | - | - |
| Current assets29/58 | €72,662 | €69,343 | €89,779 | €108,273 | €114,927 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €18,000 | €18,539 | €17,071 | €15,450 | €16,679 | ▲ 8.0% |
| Trade receivables40 | €96 | - | - | €47 | €3,375 | ▲ 7,081% |
| Other amounts receivable41 | €17,904 | €18,539 | €17,071 | €15,403 | €13,304 | ▼ 13.6% |
| Cash at bank and in hand54/58 | €53,608 | €49,161 | €70,021 | €91,515 | €96,678 | ▲ 5.6% |
| Deferred charges and accrued income490/1 | €1,054 | €1,643 | €2,687 | €1,308 | €1,570 | ▲ 20.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €492,338 | €459,586 | €443,387 | €420,588 | €409,000 | ▼ 2.8% |
| Equity10/15 | €97,082 | €110,416 | €125,292 | €150,622 | €162,632 | ▲ 8.0% |
| Contributions10/11 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | = |
| Reserves13 | €82,999 | €82,999 | €82,999 | €82,999 | €82,999 | = |
| Non-distributable reserves130/1 | €930 | €930 | €930 | €930 | €930 | = |
| Reserves not available under the articles1311 | €930 | €930 | €930 | €930 | €930 | = |
| Distributable reserves133 | €82,069 | €82,069 | €82,069 | €82,069 | €82,069 | = |
| Profit (loss) carried forward14 | €10,983 | €24,317 | €39,193 | €64,523 | €76,533 | ▲ 18.6% |
| Amounts payable17/49 | €395,256 | €349,170 | €318,095 | €269,966 | €246,368 | ▼ 8.7% |
| Amounts payable after more than one year17 | €309,428 | €280,169 | €250,910 | €219,335 | €190,076 | ▼ 13.3% |
| Financial debts170/4 | €299,912 | €270,653 | €241,394 | €212,135 | €182,876 | ▼ 13.8% |
| Other amounts payable178/9 | €9,516 | €9,516 | €9,516 | €7,200 | €7,200 | = |
| Amounts payable within one year42/48 | €80,636 | €63,836 | €62,248 | €48,991 | €53,926 | ▲ 10.1% |
| Current portion of amounts payable after more than one year42 | €29,259 | €29,259 | €29,259 | €29,259 | €29,259 | = |
| Trade debts44 | €1,548 | €4,243 | €5,585 | €768 | €4,223 | ▲ 450% |
| Suppliers440/4 | €1,548 | €4,243 | €5,585 | €768 | €4,223 | ▲ 450% |
| Taxes, remuneration and social security45 | €6,050 | €5,649 | €2,969 | €5,548 | €5,664 | ▲ 2.1% |
| Taxes450/3 | €6,050 | €5,649 | €2,969 | €5,548 | €5,664 | ▲ 2.1% |
| Other amounts payable47/48 | €43,779 | €24,685 | €24,435 | €13,416 | €14,780 | ▲ 10.2% |
| Accrued charges and deferred income492/3 | €5,192 | €5,165 | €4,937 | €1,640 | €2,366 | ▲ 44.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,983 | €13,334 | €14,876 | €25,330 | €12,010 | ▼ 52.6% |
| + Depreciation and write-downs630 | €38,994 | €39,928 | €41,208 | €41,293 | €41,979 | ▲ 1.7% |
| Operating cash flow (approximation) | €49,977 | €53,262 | €56,084 | €66,623 | €53,989 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | -€14,104 | -€8,182 | -€3,609 | -€27,346 | ▼ 658% |
| Change in cash | - | -€4,447 | €20,860 | €21,494 | €5,163 | ▼ 76.0% |
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
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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0289/00R000 | Brussels | 1,148 m² | 1 · 125 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.