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HEVAR

Active
Private limited companyfounded 2007active for 18 yearsMelkerijstraat 54, 2381 Ravels, BelgiumKBO/BCE: BE 0894.414.036
Summary

HEVAR has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €610,427 and a net result of €611,795. Equity is shrinking by about 7.4% per year across the filed financial years. Its solvency ranks better than 37% of 2,036 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Crop and animal production, hunting and related service activities
NACE 01462
1 site
Size
€2.0mtotal assets 2025
Equity
€610,427
Profit
€611,795
Turnover not published (abbreviated format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
Vlevaco · 100%
Accounts filed 11 days late0 of 5 deeds read
Why 89raises riskLiquidity: current ratio 0.72lowers riskSize: total assets €2.0mFounded in 2007Figures for financial year 2025 (filed 11-05-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 79% of its sector peers (NACE 01, micro)
Financial strength · tick = 2024
Strong
Solvency 56+21
equity 30.9% of total assets
Liquidity 69+21
short-term debt 34.9%
Profitability 100+52
return on assets 30.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,680 companies, NACE 01, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.6%▲ +0.2 percentage points vs 03-2025 05-2025: 0.4%▼ -0.2 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.3 percentage points vs 04-2026highest value 06-2026: 0.3%▼ -0.5 percentage points vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.72, compared with 0.62 in 2024; short-term debt: 34.9% of total assets), and 69.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro): better than 46% on solvency, 77% on liquidity, 96% on profitability and 96% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.72
NBB · annual accounts
lowers risk · Size: total assets €2.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2007
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 11-05-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €610,427
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
1 day early
2023
1 day early
2022
4 days early
2021
3 days early
2020
2 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €611,795
  3. Equity above €500,000equity €610,427 ▲169%

Key points

  • Positive: Equity rose in 2025from €227,232 to €610,427 ▲ 169% View
  • Positive: Among the best 8% on net resultsector median €51,968 · 2,036 companies €611,795 View
  • Controlled by Vlevaco 100% View

By topic

Financials

Financial year
2025
Total assets
€2.0m
Profit
€611,795
Solvency
30.9%
Total assets▼ 10.3%
Net result
20192025
Go to Financials

Timeline

Events
23
Since
2009
Next accounts
by 30-04-2027
  1. 29-04-2025Annual accounts filed
  2. 29-04-2024Annual accounts filed
  3. 26-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Crop and animal production, hunting and related service…NACE 01462
Founded
21-12-2007
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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