HEYNEN
ActiveHEYNEN has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.17M and a net result of €460k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 38% of 9016 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
93
/ 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+42
Solvency72▲+16
Growth64▲+38
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.41 in 2023), but 66.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
33.2%
Return on assets
13.1%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €1.2M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
21 d early
2022
38 d early
2021
26 d early
2020
24 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€6.79M▲ 53.8%
2023 · €4.42M
2018: €6.19M
2019: €4.00M
2020: €2.67M
2021: €2.93M
2022: €3.80M
2023: €4.42M
2018 → 2024
EBIT margin
8.6%▲ 6.5pp
2023 · 2.1%
2018: 8.4%
2019: -1.3%
2020: -5.9%
2021: -1.9%
2022: 0.7%
2023: 2.1%
2018 → 2024
Net result
€460k▲ 618%
2023 · €64k
2018: €321k
2019: €-49k
2020: €-147k
2021: €-32k
2022: €13k
2023: €64k
2018 → 2024
Working capital
€1.62M▲ 69.5%
2023 · €954k
2018: €1.17M
2019: €971k
2020: €1.19M
2021: €1.07M
2022: €863k
2023: €954k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.67M-€2.93M▲ 9.8%€3.80M▲ 29.7%€4.42M▲ 16.2%€6.79M▲ 53.8%
Equity€965k-€934k▼ 3.3%€947k▲ 1.4%€1.01M▲ 6.8%€1.17M▲ 15.8%
Operating result€-158k-€-56k▲ 64.5%€27k€93k▲ 246%€584k▲ 529%
Net result€-147k-€-32k▲ 78.5%€13k€64k▲ 390%€460k▲ 618%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 529% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.52M
Fixed assets
€69k▲ 5.3%
Current assets
€3.45M▲ 4.3%
Equity and liabilities €3.52M
Equity
€1.17M▲ 15.8%
Debt
€2.35M▼ 0.6%
The debt ratio falls from 70.1% to 66.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€595k▲
2023 · €125k
Cash flow
€471k▲
2023 · €96k
Solvency
33.2%▲
2023 · 29.9%
Current ratio
1.88▲
2023 · 1.41
Quick ratio
1.86▲
2023 · 1.39
Debt / equity
2.01▼
2023 · 2.34
ROE
39.3%▲
2023 · 6.3%
ROA
13.1%▲
2023 · 1.9%
Interest coverage
10.66▲
2023 · 4.72
Debt
€2.35M▼
2023 · €2.36M
Debt ≤ 1 year
€1.84M▼
2023 · €2.36M
Income taxes
€150k▲
2023 · €40k
Staff costs
€715k▼
2023 · €771k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.38M€3.52M▲
Fixed assets21/28€65k€69k▲
Tangible fixed assets22/27€56k€60k▲
Plant, machinery and equipment23€2k€21k▲
Furniture and vehicles24€24k€9k▼
Other tangible fixed assets26€30k€29k▼
Financial fixed assets28€9k€9k=
Current assets29/58€3.31M€3.45M▲
Stocks and contracts in progress3€41k€30k▼
Stocks30/36€41k€30k▼
Amounts receivable within one year40/41€1.88M€2.42M▲
Trade receivables40€1.25M€1.83M▲
Other amounts receivable41€624k€594k▼
Cash at bank and in hand54/58€178k€379k▲
Deferred charges and accrued income490/1€1.22M€625k▼
Equity and liabilities
Total equity and liabilities10/49€3.38M€3.52M▲
Equity10/15€1.01M€1.17M▲
Contributions10/11€953k€953k=
Capital10€953k€953k=
Issued capital100€953k€953k=
Reserves13€95k€95k=
Non-distributable reserves130/1€95k-
Legal reserve130€95k-
Distributable reserves133-€95k
Profit (loss) carried forward14€-37k€122k▲
Amounts payable17/49€2.36M€2.35M▼
Amounts payable within one year42/48€2.36M€1.84M▼
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€2.17M€1.17M▼
Suppliers440/4€2.17M€1.17M▼
Taxes, remuneration and social security45€180k€370k▲
Taxes450/3€38k€253k▲
Remuneration and social security454/9€142k€117k▼
Other amounts payable47/48-€300k
Accrued charges and deferred income492/3€9k€515k▲
Income statement
Code20232024
Turnover70€4.42M€6.79M▲
Non-recurring operating income76A€49k€54k▲
Goods, raw materials, services and sundry goods60/61€3.56M€5.52M▲
Remuneration, social security and pensions62€771k€715k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€11k▼
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A-€6k
Gross operating margin9900€901k€1.32M▲
Operating profit (loss)9901€93k€584k▲
Financial income75/76B€38k€82k▲
Recurring financial income75€38k€82k▲
Financial charges65/66B€26k€56k▲
Recurring financial charges65€26k€56k▲
Profit (loss) for the period before taxes9903€104k€610k▲
Income taxes67/77€40k€150k▲
Profit (loss) for the period9904€64k€460k▲
Profit (loss) for the period to be appropriated9905€64k€460k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€422k▲
Profit (loss) brought forward from the previous period14P€-102k€-37k▲
Profit to be distributed694/7-€300k
Return on contributions (dividend)694-€300k
Social balance
Average headcount (FTE)90878.27.6▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €460k ▲618%
Operating result €584k, net result €460k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.01M ▲6.8%
2 profitable years in a row build equity to €1.01M.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after 3 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-147k
Net result drops to €-147k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Houthalen-Helchteren · 1 establishment unit since 1985
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Centrum-Zuid 30473530 Houthalen-HelchterenGround area
5,484 m²
Building footprint
1,093 m²
Volume, LiDAR
4,425 m³
Parcel 72015C0704/00D000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HEYNEN
since 19852.027.634.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0704/00D000 | Flanders | 5,484 m² | 1 · 1,093 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
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HOROZ EUROPE
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AàZ SERVICE
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Erpe-Mere · Eq €1.16M
LIGHT - ELEC
BE 0451.636.156
Somme-Leuze · Eq €1.18M
Act in Time
BE 0437.896.107
Duffel · Eq €1.18M
Of 1,236 companies in sector 46643 we hold annual accounts for 944. 686 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-07-1985
Fiscal year end31-12
Abbreviation NL
H.A.V.
Activities, NACEBEL
46643Wholesale of electrical equipment, including installation materials
47400Retail sale of information and communication equipment
47410Retail trade
52487
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.