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HEYCON SOLUTIONS

Active
Private limited companyfounded 2024active for 2 yearsWaterlelielaan 7, 8520 Kuurne, BelgiumKBO/BCE: BE 1013.427.294

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

HEYCON SOLUTIONS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,446 and a net result of €71,112. Its solvency ranks better than 41% of 39,242 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-08-2025
Filed on
28-02-2026
Format
micro format
Reference
2026-00045906
Turnover
≈ €170,000
Estimated: probably between €150,000 and €210,000
Total assets
€157,582
Net result
€71,112
Working capital
€23,005

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €156,593
Fixed assets €47,211
Current assets €109,382
Equity and liabilities €157,582
Equity €70,446
Debt €87,137
Debt finances 55.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€100,892
Cash flow
€82,401
Current ratio
1.27
Debt to equity
1.24
ROE
100.9%
ROA
45.1%
Interest coverage
over 100
Debt ≤ 1 year
€86,377
Income taxes
€18,489

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 41 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 28-02-2026.

Balance sheet Code2025
Assets
Total assets20/58€157,582
Formation expenses20€990
Fixed assets21/28€47,211
Tangible fixed assets22/27€47,211
Plant, machinery and equipment23€1,782
Furniture and vehicles24€45,429
Current assets29/58€109,382
Amounts receivable within one year40/41€32,537
Trade receivables40€32,441
Other amounts receivable41€96
Cash at bank and in hand54/58€76,845
Equity and liabilities
Total equity and liabilities10/49€157,582
Equity10/15€70,446
Contributions10/11€1,000
Reserves13€69,446
Distributable reserves133€69,446
Amounts payable17/49€87,137
Amounts payable within one year42/48€86,377
Trade debts44€53
Suppliers440/4€53
Taxes, remuneration and social security45€22,589
Taxes450/3€22,589
Other amounts payable47/48€63,736
Accrued charges and deferred income492/3€760
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,289
Other operating charges640/8€307
Gross operating margin9900€101,199
Operating profit (loss)9901€89,603
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€89,601
Income taxes67/77€18,489
Profit (loss) for the period9904€71,112
Profit (loss) for the period to be appropriated9905€71,112
Appropriation of the result
Profit (loss) to be appropriated9906€71,112
Transfer to equity691/2€69,446
To other reserves6921€69,446
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,289
Other operating charges640/8€307
Gross operating margin9900€101,199
Operating profit (loss)9901€89,603
Financial income75/76B€8
Recurring financial income75€8
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€89,601
Income taxes67/77€18,489
Profit (loss) for the period9904€71,112
Profit (loss) for the period to be appropriated9905€71,112
Line2025
Assets
Total assets20/58€157,582
Formation expenses20€990
Fixed assets21/28€47,211
Tangible fixed assets22/27€47,211
Plant, machinery and equipment23€1,782
Furniture and vehicles24€45,429
Current assets29/58€109,382
Amounts receivable within one year40/41€32,537
Trade receivables40€32,441
Other amounts receivable41€96
Cash at bank and in hand54/58€76,845
Equity and liabilities
Total equity and liabilities10/49€157,582
Equity10/15€70,446
Contributions10/11€1,000
Reserves13€69,446
Distributable reserves133€69,446
Amounts payable17/49€87,137
Amounts payable within one year42/48€86,377
Trade debts44€53
Suppliers440/4€53
Taxes, remuneration and social security45€22,589
Taxes450/3€22,589
Other amounts payable47/48€63,736
Accrued charges and deferred income492/3€760
Line2025
Profit (loss) for the period9904€71,112
+ Depreciation and write-downs630€11,289
Operating cash flow (approximation)€82,401

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-08-2025 micro format 28-02-2026 2026-00045906 NBB

Similar companies · same sector, comparable size

Of the 82,504 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,656. 41,237 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.