HEVAHO
ActiveHEVAHO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264k and a net result of €47k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 1729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-1
Solvency32=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.59 in 2024; short-term debt: 19.3% and cash: 2.2% of total assets), and 93.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
6.7%
Return on assets
1.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 1729 sector peers (2025).
NBB · sector comparisonPosition among 1729 sector peers
Solvency
better than 12%
← weakest
strongest →
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 13-03-2026, 140 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
140 d early
2024
22 d early
2023
on the day
2022
32 d early
2021
32 d early
2020
31 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€264k▲ 21.4%
2024 · €218k
2020: €7k
2021: €101k
2022: €143k
2023: €169k
2024: €218k
2020 → 2025
Total assets
€3.92M▲ 25.9%
2024 · €3.11M
2020: €594k
2021: €531k
2022: €555k
2023: €1.21M
2024: €3.11M
2020 → 2025
Net result
€47k▼ 4.6%
2024 · €49k
2020: €-128k
2021: €94k
2022: €42k
2023: €26k
2024: €49k
2020 → 2025
Working capital
€-473k▼ 82.5%
2024 · €-259k
2020: €-75k
2021: €22k
2022: €17k
2023: €87k
2024: €-259k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€143k▲ 41.4%€169k▲ 18.2%€218k▲ 28.9%€264k▲ 21.4%
Operating result€103k-€50k▼ 51.9%€36k▼ 27.8%€105k▲ 193%€169k▲ 60.9%
Net result€94k-€42k▼ 55.7%€26k▼ 37.6%€49k▲ 87.1%€47k▼ 4.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.92M
Fixed assets
€3.64M▲ 33.1%
Current assets
€281k▼ 25.9%
Equity and liabilities €3.92M
Equity
€264k▲ 21.4%
Debt
€3.65M▲ 26.3%
The debt ratio rises from 93.0% to 93.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€591k▲
2024 · €223k
Cash flow
€469k▲
2024 · €167k
Solvency
6.7%▼
2024 · 7.0%
Current ratio
0.37▼
2024 · 0.59
Quick ratio
0.37▼
2024 · 0.42
Debt / equity
13.82▲
2024 · 13.29
ROE
17.6%▼
2024 · 22.4%
ROA
1.2%▼
2024 · 1.6%
Interest coverage
5.54▲
2024 · 5.50
Debt
€3.65M▲
2024 · €2.89M
Debt ≤ 1 year
€755k▲
2024 · €639k
Debt > 1 year
€2.90M▲
2024 · €2.25M
Income taxes
€16k▼
2024 · €16k
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€3.11M€3.92M▲
Fixed assets21/28€2.73M€3.64M▲
Intangible fixed assets21€153k€372k▲
Tangible fixed assets22/27€2.58M€3.27M▲
Land and buildings22€2.35M€3.08M▲
Plant, machinery and equipment23€230k€183k▼
Current assets29/58€380k€281k▼
Stocks and contracts in progress3€112k€0▼
Stocks30/36€112k€0▼
Amounts receivable within one year40/41€230k€160k▼
Trade receivables40€131k€110k▼
Other amounts receivable41€100k€49k▼
Cash at bank and in hand54/58€27k€86k▲
Deferred charges and accrued income490/1€11k€36k▲
Equity and liabilities
Total equity and liabilities10/49€3.11M€3.92M▲
Equity10/15€218k€264k▲
Contributions10/11€135k€135k=
Reserves13€83k€129k▲
Distributable reserves133€83k€129k▲
Amounts payable17/49€2.89M€3.65M▲
Amounts payable after more than one year17€2.25M€2.90M▲
Financial debts170/4€2.25M€2.90M▲
Amounts payable within one year42/48€639k€755k▲
Current portion of amounts payable after more than one year42€452k€360k▼
Trade debts44€161k€41k▼
Suppliers440/4€161k€41k▼
Taxes, remuneration and social security45€6k€26k▲
Taxes450/3€6k€26k▲
Other amounts payable47/48€20k€327k▲
Accrued charges and deferred income492/3€5k€800▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118k€423k▲
Other operating charges640/8€8k€17k▲
Gross operating margin9900€231k€608k▲
Operating profit (loss)9901€105k€169k▲
Financial income75/76B€857€300▼
Recurring financial income75€857€300▼
Financial charges65/66B€41k€107k▲
Recurring financial charges65€41k€107k▲
Profit (loss) for the period before taxes9903€65k€62k▼
Income taxes67/77€16k€16k▼
Profit (loss) for the period9904€49k€47k▼
Profit (loss) for the period to be appropriated9905€49k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€47k▼
Transfer to equity691/2€49k€47k▼
To other reserves6921€49k€47k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 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
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €218k ▲28.9%
4 profitable years in a row build equity to €218k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €169k ▲18.2%
3 profitable years in a row build equity to €169k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €94k
Net result €94k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.34
Current ratio from 0.60 to 1.34; short-term debt falls from €189k to €63k.
31-12
Financial
Equity above €100kEq €101k ▲1412%
Equity rises from €7k to €101k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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, Wingene · 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.
Kouterweg 28755 WingeneGround area
8,883 m²
Building footprint
1,346 m²
Volume, LiDAR
940 m³
2 parcels, Flanders, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEVAHO
since 20202.305.915.177
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83023A0018/00L000 | Wallonia | 5,860 m² | 1 · 1,168 m² | - |
| 37012D0303/00B002 | Flanders | 3,023 m² | 1 · 178 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteManhay2.305.915.177
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Of 129 companies in sector 01479 we hold annual accounts for 46. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2020
Fiscal year end31-12
Activities, NACEBEL
01479Crop and animal production, hunting and related service activities
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.