HEYARU Engineering
BankruptcySummary
The KBO register records for HEYARU Engineering the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €18.6m and a net result of €3.5m.
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Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 23-10-2024, 8 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
8 d early
2023
1 d early
2022
25 d early
2021
39 d early
2020
93 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Other professional, scientific and technical activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
Turnover
€8.5m
EBIT margin
49.3%
Net result
€3.5m▲ 613%
2023 · €495,010
Working capital
€5.3m▲ 66.7%
2023 · €3.1m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, 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
Line20202021202220232024
Turnover€8.5m
Operating result-€324,750▼ 106%€9,248€1.1m▲ 11,326%€884,146▼ 16.3%€4.2m▲ 372%
Net result-€354,336below the sector's middle half▼ 102%-€90,835below the sector's middle half▲ 74.4%€817,628above the sector's middle half€495,010above the sector's middle half▼ 39.5%€3.5mabove the sector's middle half▲ 613%
EBIT margin49.3%
Equity€11.5mabove the sector's middle half▲ 9.0%€13.1mabove the sector's middle half▲ 13.6%€14.6mabove the sector's middle half▲ 11.6%€15.1mabove the sector's middle half▲ 3.4%€18.6mabove the sector's middle half▲ 23.4%
Total assets€13.8mabove the sector's middle half▲ 25.8%€16.2mabove the sector's middle half▲ 17.2%€21.0mabove the sector's middle half▲ 29.6%€26.5mabove the sector's middle half▲ 26.6%€39.0mabove the sector's middle half▲ 47.2%
Debt€2.3m▲ 482%€3.1m▲ 35.4%€6.3m▲ 106%€11.4m▲ 80.0%€20.4m▲ 78.9%
Working capital€1.4m▼ 32.5%€2.9m▲ 103%€1.1m▼ 59.9%€3.1m▲ 174%€5.3m▲ 66.7%
Solvency83.6%above the sector's middle half▼ 12.9pp81.0%above the sector's middle half▼ 2.6pp69.8%above the sector's middle half▼ 11.2pp57.0%within the sector's middle half▼ 12.8pp47.8%within the sector's middle half▼ 9.2pp
Staff (FTE)1.7within the sector's middle half5within the sector's middle half▲ 194%4.6within the sector's middle half▼ 8.0%3.6within the sector's middle half▼ 21.7%
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 372% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39.0m
Fixed assets
€30.7m ▲ 47.3%
Current assets
€8.3m ▲ 46.9%
Equity and liabilities €39.0m
Equity
€18.6m ▲ 23.4%
Debt
€20.4m ▲ 78.9%
Debt's share of the balance-sheet total rises from 43.0% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5.8m▲
2023 · €1.4m
Cash flow
€5.2m▲
2023 · €1.0m
Current ratio
2.70▲
2023 · 2.25
Quick ratio
2.55▲
2023 · 2.18
Debt to equity
1.09▲
2023 · 0.75
ROE
18.9%▲
2023 · 3.3%
ROA
9.0%▲
2023 · 1.9%
Interest coverage
8.82▲
2023 · 3.74
Debt ≤ 1 year
€3.1m▲
2023 · €2.5m
Debt > 1 year
€17.3m▲
2023 · €8.9m
Income taxes
€15,814▲
2023 · €8,730
Staff costs
€167,365▼
2023 · €247,849
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €8.5m | - |
| Non-recurring operating income76A | - | - | - | €9,507 | €126 | ▼ 98.7% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €2.6m | - |
| Remuneration, social security and pensions62 | - | - | €125,525 | €247,849 | €167,365 | ▼ 32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,501 | €238,494 | €404,815 | €552,841 | €1.7m | ▲ 200% |
| Other operating charges640/8 | - | - | €7,042 | €24,877 | €14,023 | ▼ 43.6% |
| Gross operating margin9900 | -€259,247 | €348,087 | €1.6m | €1.7m | €6.0m | ▲ 251% |
| Operating profit (loss)9901 | -€324,750 | €9,248 | €1.1m | €884,146 | €4.2m | ▲ 372% |
| Financial income75/76B | - | - | €2,257 | €3,387 | €34,395 | ▲ 916% |
| Recurring financial income75 | €3,026 | €3,133 | €2,257 | €3,387 | €34,395 | ▲ 916% |
| Financial charges65/66B | - | - | €228,599 | €383,792 | €660,638 | ▲ 72.1% |
| Recurring financial charges65 | €32,612 | €93,800 | €228,599 | €383,792 | €660,638 | ▲ 72.1% |
| Profit (loss) for the period before taxes9903 | -€354,336 | -€81,419 | €830,377 | €503,740 | €3.5m | ▲ 604% |
| Income taxes67/77 | - | €9,416 | €12,749 | €8,730 | €15,814 | ▲ 81.2% |
| Profit (loss) for the period9904 | -€354,336 | -€90,835 | €817,628 | €495,010 | €3.5m | ▲ 613% |
| Profit (loss) for the period to be appropriated9905 | -€354,336 | -€90,835 | €817,628 | €495,010 | €3.5m | ▲ 613% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.8m | €16.2m | €21.0m | €26.5m | €39.0m | ▲ 47.2% |
| Fixed assets21/28 | €11.4m | €12.5m | €18.5m | €20.8m | €30.7m | ▲ 47.3% |
| Intangible fixed assets21 | €8.6m | €8.6m | €8.6m | €8.6m | €8.6m | = |
| Tangible fixed assets22/27 | €2.8m | €3.8m | €9.8m | €12.2m | €22.1m | ▲ 80.9% |
| Land and buildings22 | - | - | €673,627 | €673,165 | €672,703 | ▼ 0.1% |
| Plant, machinery and equipment23 | - | - | €230,350 | €5.7m | €11.3m | ▲ 96.2% |
| Furniture and vehicles24 | - | - | €5,909 | €15,595 | €11,521 | ▼ 26.1% |
| Leasing and similar rights25 | - | - | €2.4m | €2.1m | €5.2m | ▲ 142% |
| Other tangible fixed assets26 | - | - | €3,080 | €2,310 | €1,540 | ▼ 33.3% |
| Assets under construction and advance payments27 | - | - | €6.4m | €3.6m | €4.9m | ▲ 35.8% |
| Financial fixed assets28 | €29,748 | €28,698 | €32,497 | €8,800 | €8,800 | = |
| Current assets29/58 | €2.4m | €3.7m | €2.5m | €5.7m | €8.3m | ▲ 46.9% |
| Stocks and contracts in progress3 | €52,382 | €112,830 | €95,339 | €178,691 | €474,370 | ▲ 165% |
| Stocks30/36 | - | - | €95,339 | €178,691 | €474,370 | ▲ 165% |
| Amounts receivable within one year40/41 | €2.1m | €3.5m | €2.3m | €4.2m | €7.0m | ▲ 68.4% |
| Trade receivables40 | - | - | €1.3m | €3.3m | €6.0m | ▲ 83.3% |
| Other amounts receivable41 | - | - | €984,822 | €900,824 | €1.0m | ▲ 14.2% |
| Current investments50/53 | - | - | - | €920 | €920 | = |
| Cash at bank and in hand54/58 | €263,668 | €754 | €85,591 | €1.3m | €843,070 | ▼ 36.0% |
| Deferred charges and accrued income490/1 | - | - | €17,236 | €13,524 | €8,060 | ▼ 40.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.8m | €16.2m | €21.0m | €26.5m | €39.0m | ▲ 47.2% |
| Equity10/15 | €11.5m | €13.1m | €14.6m | €15.1m | €18.6m | ▲ 23.4% |
| Contributions10/11 | €10.3m | €12.0m | €12.7m | €12.7m | €12.7m | = |
| Capital10 | - | - | €12.7m | €12.7m | €12.7m | = |
| Issued capital100 | - | - | €12.7m | €12.7m | €12.7m | = |
| Profit (loss) carried forward14 | -€773,797 | -€864,632 | -€47,004 | €448,006 | €4.0m | ▲ 788% |
| Investment grants15 | - | - | €2.0m | €2.0m | €2.0m | = |
| Amounts payable17/49 | €2.3m | €3.1m | €6.3m | €11.4m | €20.4m | ▲ 78.9% |
| Amounts payable after more than one year17 | €1.3m | €2.2m | €4.9m | €8.9m | €17.3m | ▲ 95.0% |
| Financial debts170/4 | - | - | €4.9m | €8.9m | €17.3m | ▲ 95.0% |
| Amounts payable within one year42/48 | €968,848 | €797,731 | €1.3m | €2.5m | €3.1m | ▲ 22.2% |
| Current portion of amounts payable after more than one year42 | - | - | €369,353 | €961,442 | €1.4m | ▲ 41.6% |
| Financial debts43 | - | - | €5,091 | €5,343 | €14,144 | ▲ 165% |
| Credit institutions430/8 | - | - | €5,091 | €5,343 | €14,144 | ▲ 165% |
| Trade debts44 | €852,602 | €300,913 | €929,628 | €1.4m | €1.5m | ▲ 10.3% |
| Suppliers440/4 | - | - | €929,628 | €1.4m | €1.5m | ▲ 10.3% |
| Advances received on contracts in progress46 | - | - | - | - | €0 | - |
| Taxes, remuneration and social security45 | - | - | €40,508 | €137,671 | €49,652 | ▼ 63.9% |
| Taxes450/3 | - | - | €16,469 | €27,060 | €12,427 | ▼ 54.1% |
| Remuneration and social security454/9 | - | - | €24,040 | €110,612 | €37,225 | ▼ 66.3% |
| Other amounts payable47/48 | - | - | €120 | €43,186 | €142,138 | ▲ 229% |
| Accrued charges and deferred income492/3 | - | - | €89,204 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€354,336 | -€90,835 | €817,628 | €495,010 | €3.5m | ▲ 613% |
| + Depreciation and write-downs630 | €9,501 | €238,494 | €404,815 | €552,841 | €1.7m | ▲ 200% |
| Operating cash flow (approximation) | -€344,835 | €147,658 | €1.2m | €1.0m | €5.2m | ▲ 395% |
| Investment in fixed assets (approximation) | - | -€1.3m | -€6.4m | -€2.9m | -€11.5m | ▼ 292% |
| Change in cash | - | -€262,915 | €84,838 | €1.2m | -€473,732 | ▼ 138% |
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
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €3.5m ▲613%
Operating result €4.2m, net result €3.5m, both a record.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €817,628
Net result €817,628 after 3 loss-making years.
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 93 days late
2020
31-03
Financial
Weakest financial yearnet -€354,336
Net result drops to -€354,336, the lowest in the series.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Lommel · 1 establishment unit since 2016
Ground area
3.8 ha
Building footprint
1.9 ha
Volume, LiDAR
188,869 m³
Parcel 72020C1417/00Y002, Flanders · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
HEYARU Engineering
since 20162.252.824.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1417/00Y002 | Flanders | 3.8 ha | 1 · 1.9 ha | 12.0 m · 4 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 188,000 EUR awarded · 188,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -49,059 EUR | 0 EUR |
| 2024 | 1 | 0 EUR | 94,000 EUR |
| 2023 | 1 | 237,059 EUR | 94,000 EUR |
Schemes
Recognitions · licences · registrations
Legal Entity Identifier
875500VB7SZB1OQV7E67
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Of 4,561 companies in sector 74999 we hold annual accounts for 1,936. 90 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-03-2016
Fiscal year end31-03
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
32121Other manufacturing
35110Production of electricity from non-renewable sources
35130Electricity, gas, steam and air conditioning supply
46861Wholesale of diamonds and other precious stones
70200Business and other management consultancy
72109Other research and development on natural sciences
E-invoicing
Reachable via Peppol
Peppol ID
0208:0650534557
Registered
24-11-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.