HEVALAND
ActiveHEVALAND has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €12k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 91% of 475 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▲+4
Solvency100=
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 8.36 against 9.51 in 2024), and 8% 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○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 →
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 2025Solvency, return and age of the figures
Solvency
92%
Return on assets
5.5%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €207k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
4 d early
2021
1 d late
2020
4 d late
2019
2 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€91k
EBIT margin
-8.4%
Net result
€12k▲ 22.5%
2024 · €10k
2018: €5k
2019: €-11k
2020: €824
2021: €-9k
2022: €-9k
2023: €16k
2024: €10k
2018 → 2025
Working capital
€133k▲ 29.5%
2024 · €103k
2018: €-22k
2019: €-13k
2020: €20k
2021: €44k
2022: €49k
2023: €74k
2024: €103k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€91k-
Equity€177k-€169k▼ 4.8%€185k▲ 9.6%€195k▲ 5.5%€207k▲ 6.4%
Operating result€-8k-€-8k▼ 6.8%€1k€15k▲ 1,061%€18k▲ 21.7%
Net result€-9k-€-9k▲ 1.3%€16k€10k▼ 37.1%€12k▲ 22.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 22% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€74k▼ 19.5%
Current assets
€151k▲ 31.6%
Equity and liabilities €225k
Equity
€207k▲ 6.4%
Debt
€18k▲ 49.8%
The debt ratio rises from 5.8% to 8.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€38k▼
2024 · €39k
Cash flow
€33k▼
2024 · €34k
Solvency
92.0%▼
2024 · 94.2%
Current ratio
8.36▼
2024 · 9.51
Quick ratio
8.34▼
2024 · 9.36
Debt / equity
0.09▲
2024 · 0.06
ROE
6.0%▲
2024 · 5.2%
ROA
5.5%▲
2024 · 4.9%
Interest coverage
315.26▼
2024 · 631.87
Debt
€18k▲
2024 · €12k
Debt ≤ 1 year
€18k▲
2024 · €12k
Income taxes
€5k▲
2024 · €4k
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€207k€225k▲
Fixed assets21/28€92k€74k▼
Tangible fixed assets22/27€92k€74k▼
Land and buildings22€369€248▼
Plant, machinery and equipment23€24k€15k▼
Furniture and vehicles24€68k€58k▼
Current assets29/58€115k€151k▲
Stocks and contracts in progress3€2k€250▼
Stocks30/36€2k€250▼
Amounts receivable within one year40/41€14k€21k▲
Trade receivables40€12k€19k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€99k€130k▲
Equity and liabilities
Total equity and liabilities10/49€207k€225k▲
Equity10/15€195k€207k▲
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€165k€176k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€159k€170k▲
Profit (loss) carried forward14€-1k€0▲
Amounts payable17/49€12k€18k▲
Amounts payable within one year42/48€12k€18k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€20k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€40k€40k▼
Operating profit (loss)9901€15k€18k▲
Financial income75/76B-€46
Recurring financial income75-€46
Financial charges65/66B€61€121▲
Recurring financial charges65€61€121▲
Profit (loss) for the period before taxes9903€15k€18k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€10k€12k▲
Profit (loss) for the period to be appropriated9905€10k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€12k▲
Profit (loss) brought forward from the previous period14P€-11k-
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (4 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €200kEq €207k ▲6.4%
3 profitable years in a row build equity to €207k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1 day late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial
Back to profitnet €824
Net result €824 after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 5.74
Current ratio from 0.59 to 5.74; short-term debt falls from €32k to €4k.
02-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 2 days late
2019
31-12
Financial
Weakest financial yearnet €-11k ▼324%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
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, Veurne · 1 establishment unit since 2000
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.
Avekapellestraat 198630 VeurneGround area
7,165 m²
Building footprint
253 m²
Volume, LiDAR
1,073 m³
Parcel 38003A0093/00B000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Avekapellestraat 19, 8630 Veurne
since 20002.097.491.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38003A0093/00B000 | Flanders | 7,165 m² | 1 · 253 m² | 7.0 m · 1 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 siteVeurne2.097.491.277
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Of 5,161 companies in sector 01110 we hold annual accounts for 611. 495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-1997
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.