HEYSE
ActiveSummary
HEYSE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336,300 and a net result of €529. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.92 in 2024; short-term debt: 15.5% and cash: 22.5% of total assets), and 25.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer 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
74.6%
Return on assets
0.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
22 d early
2023
1 d early
2022
30 d early
2021
2 d early
2020
on the day
2019
7 d late
← 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 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€336,300▲ 0.2%
2024 · €335,771
Total assets
€451,034▲ 2.1%
2024 · €441,593
Net result
€529▼ 86.1%
2024 · €3,799
Working capital
€72,647▲ 7.7%
2024 · €67,430
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service 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
Line20212022202320242025
Operating result€54,751▼ 19.2%€21,622▼ 60.5%€25,654▲ 18.6%€10,716▼ 58.2%€719▼ 93.3%
Net result€36,723above the sector's middle half▼ 20.4%€9,712within the sector's middle half▼ 73.6%€21,125within the sector's middle half▲ 118%€3,799within the sector's middle half▼ 82.0%€529within the sector's middle half▼ 86.1%
Equity€301,135above the sector's middle half▲ 13.6%€310,848above the sector's middle half▲ 3.2%€331,973above the sector's middle half▲ 6.8%€335,771above the sector's middle half▲ 1.1%€336,300above the sector's middle half▲ 0.2%
Total assets€418,818within the sector's middle half▲ 3.5%€373,684within the sector's middle half▼ 10.8%€501,552within the sector's middle half▲ 34.2%€441,593within the sector's middle half▼ 12.0%€451,034within the sector's middle half▲ 2.1%
Debt€117,683▼ 15.7%€62,837▼ 46.6%€169,579▲ 170%€105,822▼ 37.6%€114,734▲ 8.4%
Working capital€40,632within the sector's middle half▲ 95.2%€61,041within the sector's middle half▲ 50.2%€65,284within the sector's middle half▲ 7.0%€67,430within the sector's middle half▲ 3.3%€72,647within the sector's middle half▲ 7.7%
Solvency71.9%above the sector's middle half▲ 6.4pp83.2%above the sector's middle half▲ 11.3pp66.2%above the sector's middle half▼ 17.0pp76.0%above the sector's middle half▲ 9.8pp74.6%above the sector's middle half▼ 1.5pp
Current ratio1.48within the sector's middle half▲ 0.242.37above the sector's middle half▲ 0.891.60within the sector's middle half▼ 0.771.92within the sector's middle half▲ 0.332.04within the sector's middle half▲ 0.12
Return on assets (ROA)8.8%above the sector's middle half▼ 2.6pp2.6%within the sector's middle half▼ 6.2pp4.2%within the sector's middle half▲ 1.6pp0.9%within the sector's middle half▼ 3.4pp0.1%within the sector's middle half▼ 0.7pp
Staff (FTE)1.2▲ 33.3%0.7▼ 41.7%1▲ 42.9%0.8▼ 20.0%1.2▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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 has fallen two years in a row; 2025 is 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €451,034
Fixed assets
€308,590 ▲ 2.4%
Current assets
€142,445 ▲ 1.5%
Equity and liabilities €451,034
Equity
€336,300 ▲ 0.2%
Debt
€114,734 ▲ 8.4%
Debt's share of the balance-sheet total rises from 24.0% to 25.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39,327▼
2024 · €46,763
Cash flow
€39,137▼
2024 · €39,846
Quick ratio
1.65▼
2024 · 1.77
Debt to equity
0.34▲
2024 · 0.32
ROE
0.2%▼
2024 · 1.1%
Interest coverage
9.70▼
2024 · 11.56
Debt ≤ 1 year
€69,798▼
2024 · €72,915
Debt > 1 year
€44,937▲
2024 · €32,907
Income taxes
-€3,864▼
2024 · €3,185
Staff costs
€35,125▲
2024 · €26,920
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 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 0.1% 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 497,662 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% | 1.7% |
| 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 75% 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 17,027 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 | - | - | €6,000 | - | €1,500 | - |
| Remuneration, social security and pensions62 | €35,788 | €24,621 | €28,677 | €26,920 | €35,125 | ▲ 30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,968 | €24,660 | €40,977 | €36,047 | €38,608 | ▲ 7.1% |
| Other operating charges640/8 | €7,998 | €8,117 | €8,666 | €10,876 | €9,853 | ▼ 9.4% |
| Gross operating margin9900 | €129,505 | €79,019 | €103,975 | €84,558 | €84,304 | ▼ 0.3% |
| Operating profit (loss)9901 | €54,751 | €21,622 | €25,654 | €10,716 | €719 | ▼ 93.3% |
| Financial income75/76B | €287 | €895 | €5 | €312 | - | - |
| Recurring financial income75 | €287 | €895 | €5 | €312 | - | - |
| Financial charges65/66B | €2,193 | €2,805 | €4,821 | €4,044 | €4,054 | ▲ 0.2% |
| Recurring financial charges65 | €2,193 | €2,805 | €4,821 | €4,044 | €4,054 | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | €52,844 | €19,712 | €20,838 | €6,983 | -€3,335 | ▼ 148% |
| Income taxes67/77 | €16,121 | €10,000 | -€287 | €3,185 | -€3,864 | ▼ 221% |
| Profit (loss) for the period9904 | €36,723 | €9,712 | €21,125 | €3,799 | €529 | ▼ 86.1% |
| Profit (loss) for the period to be appropriated9905 | €36,723 | €9,712 | €21,125 | €3,799 | €529 | ▼ 86.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €418,818 | €373,684 | €501,552 | €441,593 | €451,034 | ▲ 2.1% |
| Fixed assets21/28 | €292,681 | €268,022 | €327,295 | €301,248 | €308,590 | ▲ 2.4% |
| Tangible fixed assets22/27 | €292,681 | €268,022 | €327,295 | €301,248 | €308,590 | ▲ 2.4% |
| Land and buildings22 | €261,862 | €247,798 | €233,998 | €220,250 | €206,503 | ▼ 6.2% |
| Plant, machinery and equipment23 | €10,791 | €9,222 | €91,323 | €80,349 | €61,031 | ▼ 24.0% |
| Furniture and vehicles24 | €20,028 | €11,001 | €1,974 | €649 | €41,056 | ▲ 6,229% |
| Leasing and similar rights25 | - | - | - | €0 | €0 | - |
| Current assets29/58 | €126,137 | €105,663 | €174,257 | €140,345 | €142,445 | ▲ 1.5% |
| Stocks and contracts in progress3 | - | - | €9,575 | €11,100 | €27,471 | ▲ 147% |
| Stocks30/36 | - | - | €9,575 | €11,100 | €27,471 | ▲ 147% |
| Amounts receivable within one year40/41 | €9,564 | €436 | €2,563 | €3,349 | €13,354 | ▲ 299% |
| Trade receivables40 | €7,014 | - | €1,112 | - | - | - |
| Other amounts receivable41 | €2,551 | €436 | €1,451 | €3,349 | €13,354 | ▲ 299% |
| Cash at bank and in hand54/58 | €116,572 | €105,227 | €162,119 | €125,896 | €101,620 | ▼ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €418,818 | €373,684 | €501,552 | €441,593 | €451,034 | ▲ 2.1% |
| Equity10/15 | €301,135 | €310,848 | €331,973 | €335,771 | €336,300 | ▲ 0.2% |
| Contributions10/11 | €59,305 | €59,305 | €59,305 | €59,305 | €59,305 | = |
| Reserves13 | €159,664 | €159,664 | €159,664 | €159,664 | €159,664 | = |
| Non-distributable reserves130/1 | €149,160 | €149,160 | €149,160 | €149,160 | €149,160 | = |
| Reserves not available under the articles1311 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Other1319 | €141,723 | €141,723 | €141,723 | €141,723 | €141,723 | = |
| Distributable reserves133 | €10,504 | €10,504 | €10,504 | €10,504 | €10,504 | = |
| Profit (loss) carried forward14 | €82,166 | €91,878 | €113,004 | €116,802 | €117,331 | ▲ 0.5% |
| Amounts payable17/49 | €117,683 | €62,837 | €169,579 | €105,822 | €114,734 | ▲ 8.4% |
| Amounts payable after more than one year17 | €32,177 | €18,215 | €60,606 | €32,907 | €44,937 | ▲ 36.6% |
| Financial debts170/4 | €32,177 | €18,215 | €60,606 | €32,907 | €44,937 | ▲ 36.6% |
| Amounts payable within one year42/48 | €85,505 | €44,622 | €108,973 | €72,915 | €69,798 | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | €23,657 | €13,962 | €28,726 | €27,699 | €27,353 | ▼ 1.2% |
| Trade debts44 | €48,980 | €27,660 | €72,573 | €37,020 | €38,434 | ▲ 3.8% |
| Suppliers440/4 | €48,980 | €27,660 | €72,573 | €37,020 | €38,434 | ▲ 3.8% |
| Taxes, remuneration and social security45 | €8,290 | €3,000 | €4,010 | €4,010 | €4,010 | = |
| Taxes450/3 | €5,290 | - | - | - | - | - |
| Remuneration and social security454/9 | €3,000 | €3,000 | €4,010 | €4,010 | €4,010 | = |
| Other amounts payable47/48 | €4,578 | - | €3,664 | €4,187 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,723 | €9,712 | €21,125 | €3,799 | €529 | ▼ 86.1% |
| + Depreciation and write-downs630 | €30,968 | €24,660 | €40,977 | €36,047 | €38,608 | ▲ 7.1% |
| Operating cash flow (approximation) | €67,691 | €34,372 | €62,103 | €39,846 | €39,137 | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | €0 | -€100,251 | -€10,000 | -€45,950 | ▼ 360% |
| Change in cash | - | -€11,345 | €56,892 | -€36,223 | -€24,276 | ▲ 33.0% |
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
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €529 ▼86.1%
Net result drops to €529, the lowest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
08-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
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 2 acts read
About the unread acts
We know of 2 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
2 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, Deinze · 1 establishment unit since 2001
Ground area
108 m²
Building footprint
140 m²
Volume, LiDAR
797 m³
Parcel 44039C0512/00L000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Pastoriestraat 103, 9800 Deinze
since 20012.101.219.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44039C0512/00L000 | Flanders | 108 m² | 1 · 140 m² | 6.9 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 9,226 EUR awarded · 9,226 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 5,213 EUR | 5,213 EUR |
| 2023 | 1 | 4,013 EUR | 4,013 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeinze2.101.219.542
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Of 3,623 companies in sector 01130 we hold annual accounts for 789. 595 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
Founded15-01-2001
Fiscal year end30-09
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01500Mixed farming
01290Crop and animal production, hunting and related service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473815009
Also
9925:BE0473815009
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.