HEVA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.09M and a net result of €113k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 31% of 486 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 21-07-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
47 d early
2023
24 d early
2022
51 d early
2021
26 d early
2020
40 d early
2019
34 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€1.09M=
2024 · €1.09M
2018: €904k
2019: €944k
2020: €997k
2021: €1.05M
2022: €1.06M
2023: €1.04M
2024: €1.09M
2018 → 2025
Net result
€113k▲ 147%
2024 · €46k
2018: €807
2019: €40k
2020: €53k
2021: €49k
2022: €58k
2023: €-21k
2024: €46k
2018 → 2025
Total assets
€4.88M▲ 8.2%
2024 · €4.51M
2018: €3.05M
2019: €3.54M
2020: €3.42M
2021: €2.87M
2022: €2.30M
2023: €4.24M
2024: €4.51M
2018 → 2025
Solvency
22.3%▼ 1.8pp
2024 · 24.1%
2018: 29.7%
2019: 26.6%
2020: 29.1%
2021: 36.5%
2022: 46.3%
2023: 24.6%
2024: 24.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.05M-€1.06M▲ 1.7%€1.04M▼ 2.0%€1.09M▲ 4.4%€1.09M=
Operating result€74k-€91k▲ 24.1%€54k▼ 40.5%€156k▲ 187%€258k▲ 65.9%
Net result€49k-€58k▲ 18.0%€-21k€46k€113k▲ 147%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 66% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.88M
Fixed assets
€3.75M▲ 14.9%
Current assets
€1.13M▼ 9.3%
Equity and liabilities €4.88M
Equity
€1.09M=
Debt
€3.79M▲ 10.8%
The debt ratio rises from 75.9% to 77.7%. Debt is higher.
Key figures and ratios
Solvency
22.3%▼
2024 · 24.1%
ROE
10.4%▲
2024 · 4.2%
ROA
2.3%▲
2024 · 1.0%
Debt
€3.79M▲
2024 · €3.42M
Debt ≤ 1 year
€2.20M▲
2024 · €1.56M
Debt > 1 year
€1.59M▼
2024 · €1.85M
Income taxes
€38k▲
2024 · €8k
Staff costs
€30k▲
2024 · €28k
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€4.51M€4.88M▲
Fixed assets21/28€3.27M€3.75M▲
Tangible fixed assets22/27€3.27M€3.75M▲
Land and buildings22€2.54M€3.00M▲
Plant, machinery and equipment23€730k€751k▲
Current assets29/58€1.25M€1.13M▼
Stocks and contracts in progress3€468k€468k=
Stocks30/36€468k€468k=
Amounts receivable within one year40/41€145k€21k▼
Other amounts receivable41€145k€21k▼
Cash at bank and in hand54/58€613k€632k▲
Deferred charges and accrued income490/1€19k€8k▼
Equity and liabilities
Total equity and liabilities10/49€4.51M€4.88M▲
Equity10/15€1.09M€1.09M=
Contributions10/11€295k€295k=
Capital10€295k€295k=
Issued capital100€295k€295k=
Reserves13€793k€794k▲
Non-distributable reserves130/1€70k€70k=
Legal reserve130€70k€70k=
Tax-exempt reserves132€134k€134k=
Distributable reserves133€589k€589k▲
Amounts payable17/49€3.42M€3.79M▲
Amounts payable after more than one year17€1.85M€1.59M▼
Financial debts170/4€1.83M€1.57M▼
Other amounts payable178/9€19k€18k▼
Amounts payable within one year42/48€1.56M€2.20M▲
Current portion of amounts payable after more than one year42€326k€338k▲
Financial debts43€595k€1.69M▲
Credit institutions430/8€595k€1.69M▲
Trade debts44€635k€23k▼
Suppliers440/4€635k€23k▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€281€4▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€400€143k▲
Accrued charges and deferred income492/3€13k€9k▼
Income statement
Code20242025
Non-recurring operating income76A-€579
Remuneration, social security and pensions62€28k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€215k€227k▲
Other operating charges640/8€30k€29k▼
Non-recurring operating charges66A-€7k
Gross operating margin9900€428k€552k▲
Operating profit (loss)9901€156k€258k▲
Financial income75/76B€30k€396▼
Recurring financial income75€30k€396▼
Financial charges65/66B€131k€108k▼
Recurring financial charges65€131k€108k▼
Profit (loss) for the period before taxes9903€54k€151k▲
Income taxes67/77€8k€38k▲
Profit (loss) for the period9904€46k€113k▲
Profit (loss) for the period to be appropriated9905€46k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€113k▲
Transfer to equity691/2€46k€526▼
To other reserves6921€46k€526▼
Profit to be distributed694/7-€113k
Return on contributions (dividend)694-€113k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 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
26-08
State Gazette act
Capital & shares · RestructuringGeneral meeting · Demerger · Accounting effect10 facts ▸
State Gazette act
Capital & shares · Restructuring
General meeting · Demerger · Accounting effect10 facts ▸
- General meeting, 2026-08-06
- Demerger, 0, 2914
- Accounting effect, 2025-12-31
- Net-asset statement, 2025-12-31
- Net-asset statement, 2025-12-31
- Approval, splitsingsvoorstel
- Approval, verslag van der oprichters
- Approval, revisoraal verslag
- Capital contribution, €58.718,17
- Obligation allocation, Heva Tools is subrogated in all rights and claims of the partially split company and assumes all obligations and guarantees related to the transferred elements…
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
19-06
State Gazette act
RestructuringDemerger · Corporate purpose · Capital17 facts ▸
State Gazette act
Restructuring
Demerger · Corporate purpose · Capital17 facts ▸
- Demerger, partial_split_by_spin_off, afstoting van de uitbating door de oprichting door inbreng in natura
- Corporate purpose, Onderneming in roerende goederen, onderneming voor goederenbehandeling. Op de laatste bz van _uk B vermelden. Voorkant Naam en noedar gne d van de nstrumenteren…
- Corporate purpose, Onderneming voor verhuur van roerende goederen, onderneming voor goederenbehandeling. De participatie, onder welke vorm het ook zij, in de oprichting, ontwikkel…
- Capital, €295.000
- Net-asset statement, 2025-12-31
- Accounting effect, 2026-01-01
- Auditor appointment, COMPASS AUDIT BV
- Exchange ratio, 1:1
- Capital, €236.281,83
- Net-asset statement, 216702.14, EUR
- Asset transfer, excl., lease
- Subrogation, alle rechten en vorderingen; alle verbintenissen en borgstellingen die betrekking hebben op alle niet in de partieel te splitsen vennootschap behouden bestandde…
- +5 further facts in this act
2025
31-12
Financial
Highest result since 2018net €113k ▲147%
Operating result €258k, net result €113k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-21k ▼137%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.05M ▲4.9%
4 profitable years in a row build equity to €1.05M.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Herk-de-Stad · 1 establishment unit since 1989
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.
Amandinaweg 1733540 Herk-de-StadGround area
1,401 m²
Building footprint
312 m²
Volume, LiDAR
1,878 m³
Parcel 71024C0765/00W000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEVA
since 19892.045.736.334
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024C0765/00W000 | Flanders | 1,400 m² | 1 · 312 m² | 9.3 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.
Statutory auditor
1 auditor| Compass Audit BVCurrent Auditor | 10-06-2026 → present |
Structure & network
Acquisitions and mergers
2 transactionsContributed a business line to:Heva Tools
Contributed a business line to:HEVA TOOLS
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Of 1,511 companies in sector 66199 we hold annual accounts for 917. 508 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-08-1988
Fiscal year end31-12
Activities, NACEBEL
66199Other activities auxiliary to financial services, excluding insurance and pension funding
67130
68201Renting and operating of own or leased residential real estate, excluding social housing
30300Manufacture of other transport equipment
30310Manufacture of other transport equipment
35300
71230
77350Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.