HEVICO
ActiveSummary
HEVICO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,680 and a net result of €4,641. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 6.61 against 12.21 in 2024; short-term debt: 14.8% and cash: 82.9% of total assets), and 14.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
85.2%
Return on assets
3.9%
Age of the figures
9 mo
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 04-03-2026, 149 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
149 d early
2024
87 d early
2023
47 d early
2022
89 d early
2021
4 d early
2020
64 d early
2019
87 d 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 75 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€129,478▼ 17.7%
2018 · €157,290
EBIT margin
5.0%▲ 3.1pp
2018 · 2.0%
Net result
€4,641▲ 445%
2024 · €851
Working capital
€98,766▼ 4.9%
2024 · €103,835
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€31,105▲ 40.9%€58,790▲ 89.0%€19,834▼ 66.3%€3,012▼ 84.8%€8,729▲ 190%
Net result€20,573within the sector's middle half▲ 41.2%€37,572above the sector's middle half▲ 82.6%€11,406within the sector's middle half▼ 69.6%€851within the sector's middle half▼ 92.5%€4,641within the sector's middle half▲ 445%
EBIT margin
Equity€82,240within the sector's middle half▲ 33.4%€115,004within the sector's middle half▲ 39.8%€110,754within the sector's middle half▼ 3.7%€111,605within the sector's middle half▲ 0.8%€101,680within the sector's middle half▼ 8.9%
Total assets€92,146within the sector's middle half▼ 3.4%€118,597within the sector's middle half▲ 28.7%€133,949within the sector's middle half▲ 12.9%€120,872within the sector's middle half▼ 9.8%€119,290within the sector's middle half▼ 1.3%
Debt€9,905▼ 70.6%€3,593▼ 63.7%€23,194▲ 546%€9,267▼ 60.0%€17,610▲ 90.0%
Working capital€76,705▲ 34.1%€110,120▲ 43.6%€97,770▼ 11.2%€103,835▲ 6.2%€98,766▼ 4.9%
Solvency89.3%above the sector's middle half▲ 24.6pp97.0%above the sector's middle half▲ 7.7pp82.7%above the sector's middle half▼ 14.3pp92.3%above the sector's middle half▲ 9.6pp85.2%above the sector's middle half▼ 7.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 190% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119,290
Fixed assets
€2,914 ▼ 62.5%
Current assets
€116,376 ▲ 2.9%
Equity and liabilities €119,290
Equity
€101,680 ▼ 8.9%
Debt
€17,610 ▲ 90.0%
Debt's share of the balance-sheet total rises from 7.7% to 14.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13,585▲
2024 · €8,226
Cash flow
€9,497▲
2024 · €6,065
Current ratio
6.61▼
2024 · 12.21
Debt to equity
0.17▲
2024 · 0.08
ROE
4.6%▲
2024 · 0.8%
ROA
3.9%▲
2024 · 0.7%
Interest coverage
217.64▲
2024 · 84.88
Debt ≤ 1 year
€17,610▲
2024 · €9,267
Income taxes
€4,884▲
2024 · €2,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 16,986 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €652 | €652 | €2,507 | €5,214 | €4,856 | ▼ 6.9% |
| Other operating charges640/8 | €954 | €1,108 | €1,340 | €1,371 | €1,768 | ▲ 28.9% |
| Non-recurring operating charges66A | €0 | - | €1,150 | €0 | - | - |
| Gross operating margin9900 | €32,710 | €60,550 | €24,831 | €9,597 | €15,353 | ▲ 60.0% |
| Operating profit (loss)9901 | €31,105 | €58,790 | €19,834 | €3,012 | €8,729 | ▲ 190% |
| Financial income75/76B | €72 | €0 | €214 | €557 | €858 | ▲ 54.2% |
| Recurring financial income75 | €72 | €0 | €214 | €557 | €858 | ▲ 54.2% |
| Financial charges65/66B | €991 | €847 | €572 | €97 | €62 | ▼ 35.6% |
| Recurring financial charges65 | €991 | €847 | €572 | €97 | €62 | ▼ 35.6% |
| Profit (loss) for the period before taxes9903 | €30,186 | €57,943 | €19,476 | €3,472 | €9,525 | ▲ 174% |
| Income taxes67/77 | €9,613 | €20,371 | €8,069 | €2,621 | €4,884 | ▲ 86.3% |
| Profit (loss) for the period9904 | €20,573 | €37,572 | €11,406 | €851 | €4,641 | ▲ 445% |
| Profit (loss) for the period to be appropriated9905 | €20,573 | €37,572 | €11,406 | €851 | €4,641 | ▲ 445% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,146 | €118,597 | €133,949 | €120,872 | €119,290 | ▼ 1.3% |
| Fixed assets21/28 | €5,535 | €4,884 | €12,984 | €7,770 | €2,914 | ▼ 62.5% |
| Tangible fixed assets22/27 | €5,535 | €4,884 | €12,984 | €7,770 | €2,914 | ▼ 62.5% |
| Furniture and vehicles24 | €5,535 | €4,884 | €12,984 | €7,770 | €2,914 | ▼ 62.5% |
| Current assets29/58 | €86,610 | €113,713 | €120,965 | €113,102 | €116,376 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €4,357 | €5,585 | €2,883 | €4,531 | €7,405 | ▲ 63.5% |
| Trade receivables40 | €2,104 | €4,758 | €2,544 | €3,296 | €5,877 | ▲ 78.3% |
| Other amounts receivable41 | €2,253 | €827 | €339 | €1,234 | €1,528 | ▲ 23.8% |
| Current investments50/53 | - | €2,500 | €10,000 | €10,000 | €10,000 | = |
| Cash at bank and in hand54/58 | €81,494 | €104,473 | €107,577 | €98,057 | €98,844 | ▲ 0.8% |
| Deferred charges and accrued income490/1 | €759 | €1,156 | €505 | €514 | €127 | ▼ 75.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,146 | €118,597 | €133,949 | €120,872 | €119,290 | ▼ 1.3% |
| Equity10/15 | €82,240 | €115,004 | €110,754 | €111,605 | €101,680 | ▼ 8.9% |
| Contributions10/11 | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €58,499 | €91,263 | €87,013 | €91,145 | €81,220 | ▼ 10.9% |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €58,499 | €91,263 | €87,013 | €91,145 | €81,220 | ▼ 10.9% |
| Profit (loss) carried forward14 | €3,281 | €3,281 | €3,281 | €0 | €0 | - |
| Amounts payable17/49 | €9,905 | €3,593 | €23,194 | €9,267 | €17,610 | ▲ 90.0% |
| Amounts payable within one year42/48 | €9,905 | €3,593 | €23,194 | €9,267 | €17,610 | ▲ 90.0% |
| Trade debts44 | €1,469 | €2,566 | €730 | €3,685 | €1,315 | ▼ 64.3% |
| Suppliers440/4 | €1,469 | €2,566 | €730 | €3,685 | €1,315 | ▼ 64.3% |
| Taxes, remuneration and social security45 | €8,437 | €1,026 | €6,223 | €5,069 | €2,458 | ▼ 51.5% |
| Taxes450/3 | €8,437 | €1,026 | €6,223 | €5,069 | €2,458 | ▼ 51.5% |
| Remuneration and social security454/9 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €0 | - | €16,241 | €512 | €13,837 | ▲ 2,602% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,573 | €37,572 | €11,406 | €851 | €4,641 | ▲ 445% |
| + Depreciation and write-downs630 | €652 | €652 | €2,507 | €5,214 | €4,856 | ▼ 6.9% |
| Operating cash flow (approximation) | €21,225 | €38,224 | €13,913 | €6,065 | €9,497 | ▲ 56.6% |
| Investment in fixed assets (approximation) | - | €0 | -€10,607 | €0 | €0 | - |
| Change in cash | - | €22,978 | €3,105 | -€9,521 | €787 | ▲ 108% |
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
Next filing, fiscal year 2026, expected by
2026
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 12.21
Current ratio from 5.22 to 12.21; short-term debt falls from €23,194 to €9,267.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €37,572 ▲82.6%
Operating result €58,790, net result €37,572, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 31.65
Current ratio from 8.74 to 31.65; short-term debt falls from €9,905 to €3,593.
31-12
Financial
Equity above €100,000Eq €115,004 ▲39.8%
5 profitable years in a row build equity to €115,004.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.74
Current ratio from 2.79 to 8.74; short-term debt falls from €32,022 to €9,905.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Liquidity times 8current ratio 29.92
Current ratio from 3.78 to 29.92; short-term debt falls from €21,323 to €2,141.
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Rumst · 1 establishment unit since 1994
Ground area
620 m²
Building footprint
100 m²
Volume, LiDAR
423 m³
Parcel 11036A0224/00F003, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Gladiolenlaan 6, 2840 Rumst
since 19942.066.116.430
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036A0224/00F003 | Flanders | 620 m² | 1 · 100 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
't Rondpunt Antiekcenter
BE 0818.487.285
Oudenaarde · Eq €101,622
Principio
BE 0821.512.004
Antwerpen · Eq €101,827
DECOENE
BE 0464.094.817
Kuurne · Eq €101,499
J.S.A. EVENTS
BE 0835.774.566
Brussel · Eq €101,978
V.I. Shop
BE 0746.504.674
Brasschaat · Eq €101,270
Of 6,146 companies in sector 46190 we hold annual accounts for 2,576. 1,968 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-01-1994
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451744440
Also
9925:BE0451744440
Registered
18-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.