HEWI
ActiveSummary
HEWI has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472k and a net result of €38k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 7.35 in 2024; short-term debt: 19.3% and cash: 74.4% of total assets), and 19.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
80.7%
Return on assets
6.5%
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
7 d early
2023
56 d early
2022
24 d early
2021
23 d early
2020
38 d early
2019
15 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€472k▲ 8.6%
2024 · €435k
2018: €118k
2019: €114k▼ -3.4% vs 2018lowest in 8 years
2020: €143k▲ +25.0% vs 2019
2021: €215k▲ +50.9% vs 2020
2022: €305k▲ +41.7% vs 2021
2023: €373k▲ +22.1% vs 2022
2024: €435k▲ +16.8% vs 2023
2025: €472k▲ +8.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€585k▲ 16.3%
2024 · €503k
2018: €214k
2019: €172k▼ -19.9% vs 2018lowest in 8 years
2020: €222k▲ +29.5% vs 2019
2021: €314k▲ +41.1% vs 2020
2022: €414k▲ +32.1% vs 2021
2023: €467k▲ +12.8% vs 2022
2024: €503k▲ +7.7% vs 2023
2025: €585k▲ +16.3% vs 2024highest in 8 years
2018 → 2025
Net result
€38k▼ 39.7%
2024 · €63k
2018: €14k
2019: €-4k▼ -129% vs 2018lowest in 8 years
2020: €29k▲ +832% vs 2019
2021: €73k▲ +150% vs 2020
2022: €91k▲ +23.2% vs 2021highest in 8 years
2023: €68k▼ -24.7% vs 2022
2024: €63k▼ -7.2% vs 2023
2025: €38k▼ -39.7% vs 2024
2018 → 2025
Working capital
€471k▲ 9.4%
2024 · €431k
2018: €94k
2019: €87k▼ -7.4% vs 2018lowest in 8 years
2020: €123k▲ +41.2% vs 2019
2021: €185k▲ +50.7% vs 2020
2022: €280k▲ +51.1% vs 2021
2023: €355k▲ +27.0% vs 2022
2024: €431k▲ +21.4% vs 2023
2025: €471k▲ +9.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€215k-€305k▲ 41.7%€373k▲ 22.1%€435k▲ 16.8%€472k▲ 8.6%
2021: €215klowest in 5 years
2022: €305k▲ +41.7% vs 2021
2023: €373k▲ +22.1% vs 2022
2024: €435k▲ +16.8% vs 2023
2025: €472k▲ +8.6% vs 2024highest in 5 years
Operating result€106k-€137k▲ 28.4%€103k▼ 24.9%€94k▼ 8.7%€55k▼ 41.8%
2021: €106k
2022: €137k▲ +28.4% vs 2021highest in 5 years
2023: €103k▼ -24.9% vs 2022
2024: €94k▼ -8.7% vs 2023
2025: €55k▼ -41.8% vs 2024lowest in 5 years
Net result€73k-€91k▲ 23.2%€68k▼ 24.7%€63k▼ 7.2%€38k▼ 39.7%
2021: €73k
2022: €91k▲ +23.2% vs 2021highest in 5 years
2023: €68k▼ -24.7% vs 2022
2024: €63k▼ -7.2% vs 2023
2025: €38k▼ -39.7% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 42% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €585k
Fixed assets
€1k ▼ 72.0%
Current assets
€584k ▲ 17.1%
Equity and liabilities €585k
Equity
€472k ▲ 8.6%
Debt
€113k ▲ 65.9%
Debt's share of the balance-sheet total rises from 13.6% to 19.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55k▼
2024 · €96k
Cash flow
€39k▼
2024 · €65k
Current ratio
5.18▼
2024 · 7.35
Debt to equity
0.24▲
2024 · 0.16
ROE
8.1%▼
2024 · 14.6%
ROA
6.5%▼
2024 · 12.6%
Interest coverage
91.37▼
2024 · 155.41
Debt ≤ 1 year
€113k▲
2024 · €68k
Income taxes
€20k▼
2024 · €33k
Staff costs
€0▼
2024 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€503k€585k▲
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€3k€186▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€635€186▼
Other tangible fixed assets26€3k€0▼
Financial fixed assets28€1k€1k=
Current assets29/58€499k€584k▲
Amounts receivable after more than one year29€9k€9k=
Other amounts receivable291€9k€9k=
Amounts receivable within one year40/41€129k€138k▲
Trade receivables40€111k€124k▲
Other amounts receivable41€18k€13k▼
Cash at bank and in hand54/58€360k€436k▲
Deferred charges and accrued income490/1€680€2k▲
Equity and liabilities
Total equity and liabilities10/49€503k€585k▲
Equity10/15€435k€472k▲
Contributions10/11€19k€19k=
Reserves13€416k€454k▲
Distributable reserves133€416k€454k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€68k€113k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€68k€113k▲
Current portion of amounts payable after more than one year42€762€0▼
Financial debts43€0-
Other loans439€0-
Trade debts44€48k€98k▲
Suppliers440/4€48k€98k▲
Taxes, remuneration and social security45€18k€14k▼
Taxes450/3€10k€14k▲
Remuneration and social security454/9€7k€0▼
Other amounts payable47/48€859€833▼
Accrued charges and deferred income492/3€318€318=
Income statement
Code20242025
Remuneration, social security and pensions62€104k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€449▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€202k€59k▼
Operating profit (loss)9901€94k€55k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€616€602▼
Recurring financial charges65€616€602▼
Profit (loss) for the period before taxes9903€96k€58k▼
Income taxes67/77€33k€20k▼
Profit (loss) for the period9904€63k€38k▼
Profit (loss) for the period to be appropriated9905€63k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€38k▼
Transfer from equity791/2€859€833▼
Transfer to equity691/2€63k€38k▼
To other reserves6921€63k€38k▼
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €185k | €184k | €115k | €104k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €12k | €11k | €2k | €449 | ▼ 78.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €4k | €-4k | €0 | - | - | - |
| Other operating charges640/8 | €1k | €6k | €2k | €2k | €1k | ▼ 46.6% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €312k | €334k | €230k | €202k | €59k | ▼ 70.9% |
| Operating profit (loss)9901 | €106k | €137k | €103k | €94k | €55k | ▼ 41.8% |
| Financial income75/76B | €229 | €102 | €357 | €3k | €4k | ▲ 32.6% |
| Recurring financial income75 | €229 | €102 | €357 | €3k | €4k | ▲ 32.6% |
| Financial charges65/66B | €798 | €706 | €846 | €616 | €602 | ▼ 2.4% |
| Recurring financial charges65 | €798 | €706 | €846 | €616 | €602 | ▼ 2.4% |
| Profit (loss) for the period before taxes9903 | €106k | €136k | €102k | €96k | €58k | ▼ 39.8% |
| Income taxes67/77 | €32k | €46k | €34k | €33k | €20k | ▼ 40.1% |
| Profit (loss) for the period9904 | €73k | €91k | €68k | €63k | €38k | ▼ 39.7% |
| Transfer from tax-exempt reserves789 | €15k | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €89k | €91k | €68k | €63k | €38k | ▼ 39.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €314k | €414k | €467k | €503k | €585k | ▲ 16.3% |
| Fixed assets21/28 | €39k | €30k | €19k | €4k | €1k | ▼ 72.0% |
| Tangible fixed assets22/27 | €38k | €29k | €18k | €3k | €186 | ▼ 94.4% |
| Plant, machinery and equipment23 | - | €2k | €524 | €0 | - | - |
| Furniture and vehicles24 | €31k | €22k | €13k | €635 | €186 | ▼ 70.7% |
| Other tangible fixed assets26 | €7k | €5k | €4k | €3k | €0 | ▼ 100% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €275k | €385k | €449k | €499k | €584k | ▲ 17.1% |
| Amounts receivable after more than one year29 | - | - | €9k | €9k | €9k | = |
| Other amounts receivable291 | - | - | €9k | €9k | €9k | = |
| Amounts receivable within one year40/41 | €55k | €216k | €60k | €129k | €138k | ▲ 6.6% |
| Trade receivables40 | €41k | €195k | €38k | €111k | €124k | ▲ 11.8% |
| Other amounts receivable41 | €14k | €21k | €22k | €18k | €13k | ▼ 25.7% |
| Cash at bank and in hand54/58 | €212k | €168k | €379k | €360k | €436k | ▲ 21.0% |
| Deferred charges and accrued income490/1 | €8k | €0 | €517 | €680 | €2k | ▲ 181% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €314k | €414k | €467k | €503k | €585k | ▲ 16.3% |
| Equity10/15 | €215k | €305k | €373k | €435k | €472k | ▲ 8.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €197k | €287k | €354k | €416k | €454k | ▲ 9.0% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €195k | €285k | €354k | €416k | €454k | ▲ 9.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €98k | €109k | €95k | €68k | €113k | ▲ 65.9% |
| Amounts payable after more than one year17 | €8k | €4k | €762 | €0 | - | - |
| Financial debts170/4 | €8k | €4k | €762 | €0 | - | - |
| Amounts payable within one year42/48 | €90k | €105k | €94k | €68k | €113k | ▲ 66.2% |
| Current portion of amounts payable after more than one year42 | €6k | €4k | €3k | €762 | €0 | ▼ 100% |
| Financial debts43 | - | - | €5k | €0 | - | - |
| Other loans439 | - | - | €5k | €0 | - | - |
| Trade debts44 | €33k | €43k | €35k | €48k | €98k | ▲ 102% |
| Suppliers440/4 | €33k | €43k | €35k | €48k | €98k | ▲ 102% |
| Taxes, remuneration and social security45 | €50k | €57k | €50k | €18k | €14k | ▼ 22.5% |
| Taxes450/3 | €34k | €43k | €40k | €10k | €14k | ▲ 33.3% |
| Remuneration and social security454/9 | €16k | €14k | €10k | €7k | €0 | ▼ 100% |
| Other amounts payable47/48 | €800 | €800 | €833 | €859 | €833 | ▼ 3.0% |
| Accrued charges and deferred income492/3 | €318 | €318 | €318 | €318 | €318 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73k | €91k | €68k | €63k | €38k | ▼ 39.7% |
| + Depreciation and write-downs630 | €15k | €12k | €11k | €2k | €449 | ▼ 78.0% |
| Operating cash flow (approximation) | €89k | €102k | €79k | €65k | €39k | ▼ 40.9% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €12k | €3k | ▼ 77.9% |
| Change in cash | - | €-44k | €211k | €-19k | €76k | ▲ 490% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €91k ▲23.2%
Operating result €137k, net result €91k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €215k ▲50.9%
2 profitable years in a row build equity to €215k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lokeren · 1 establishment unit since 1995
Ground area
851 m²
Building footprint
172 m²
Volume, LiDAR
932 m³
Parcel 46007B0120/00K000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HEWI BVBA
since 19952.071.665.127
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007B0120/00K000 | Flanders | 851 m² | 1 · 172 m² | 8.4 m · 2 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.
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SOFINABEL
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ELECTROSERVICE LAACHIR
BE 0833.194.564
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 6,617 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
Founded05-05-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47540Retail sale of electrical household appliances
Scores and ratios are computed by Checked and are not a credit decision.