HEYVAERTS
ActiveSummary
HEYVAERTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €343,197 and a net result of -€11,027. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-36
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 13.93 against 7.24 in 2024; short-term debt: 5.7% and cash: 36.8% of total assets), and 10.8% of the assets are financed with debt.
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Signals
Three 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
15 d early
2023
21 d early
2022
7 d early
2021
18 d early
2020
12 d early
2019
2 d early
← 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 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 16 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€343,197▼ 3.1%
2024 · €354,224
Total assets
€384,747▼ 11.5%
2024 · €434,753
Net result
-€11,027
2024 · €4,483
Working capital
€282,415▼ 4.8%
2024 · €296,763
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€244,850▲ 73.8%-€9,221€19,473€6,525▼ 66.5%-€16,057
Net result€171,870above the sector's middle half▲ 98.3%-€7,289below the sector's middle half€16,648within the sector's middle half€4,483within the sector's middle half▼ 73.1%-€11,027below the sector's middle half
Equity€340,381above the sector's middle half▲ 40.6%€333,093above the sector's middle half▼ 2.1%€349,741above the sector's middle half▲ 5.0%€354,224above the sector's middle half▲ 1.3%€343,197above the sector's middle half▼ 3.1%
Total assets€445,164above the sector's middle half▲ 29.3%€365,680above the sector's middle half▼ 17.9%€427,373above the sector's middle half▲ 16.9%€434,753above the sector's middle half▲ 1.7%€384,747above the sector's middle half▼ 11.5%
Debt€104,783▲ 2.7%€32,587▼ 68.9%€77,632▲ 138%€80,529▲ 3.7%€41,550▼ 48.4%
Working capital€253,326above the sector's middle half▲ 61.5%€248,230above the sector's middle half▼ 2.0%€312,718above the sector's middle half▲ 26.0%€296,763above the sector's middle half▼ 5.1%€282,415above the sector's middle half▼ 4.8%
Solvency76.5%above the sector's middle half▲ 6.1pp91.1%above the sector's middle half▲ 14.6pp81.8%above the sector's middle half▼ 9.3pp81.5%above the sector's middle half▼ 0.4pp89.2%above the sector's middle half▲ 7.7pp
Current ratio3.42above the sector's middle half▲ 0.888.62above the sector's middle half▲ 5.2010.81above the sector's middle half▲ 2.197.24above the sector's middle half▼ 3.5713.93above the sector's middle half▲ 6.69
Return on assets (ROA)38.6%above the sector's middle half▲ 13.4pp-2.0%within the sector's middle half▼ 40.6pp3.9%within the sector's middle half▲ 5.9pp1.0%within the sector's middle half▼ 2.9pp-2.9%within the sector's middle half▼ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 turns negative in 2025: a loss of €16,057 after €6,525 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384,747
Fixed assets
€80,494 ▼ 11.0%
Current assets
€304,253 ▼ 11.6%
Equity and liabilities €384,747
Equity
€343,197 ▼ 3.1%
Debt
€41,550 ▼ 48.4%
Debt's share of the balance-sheet total falls from 18.5% to 10.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€15,361▼
2024 · €9,051
Cash flow
-€10,332▼
2024 · €7,009
Debt to equity
0.12▼
2024 · 0.23
ROE
-3.2%▼
2024 · 1.3%
Interest coverage
-8.83▼
2024 · 3.76
Debt ≤ 1 year
€21,838▼
2024 · €47,539
Debt > 1 year
€19,713▼
2024 · €32,990
Income taxes
€0▼
2024 · €3,378
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 6,910 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,648 | €2,193 | €2,077 | €2,526 | €695 | ▼ 72.5% |
| Other operating charges640/8 | - | €1,747 | €1,554 | €895 | €720 | ▼ 19.5% |
| Gross operating margin9900 | €248,315 | -€5,282 | €23,104 | €9,946 | -€14,641 | ▼ 247% |
| Operating profit (loss)9901 | €244,850 | -€9,221 | €19,473 | €6,525 | -€16,057 | ▼ 346% |
| Financial income75/76B | - | €3,136 | €5,289 | €3,741 | €6,768 | ▲ 80.9% |
| Recurring financial income75 | €2,026 | €3,136 | €5,289 | €3,741 | €6,768 | ▲ 80.9% |
| Financial charges65/66B | - | €1,154 | €2,379 | €2,406 | €1,739 | ▼ 27.7% |
| Recurring financial charges65 | €139 | €1,154 | €2,379 | €2,406 | €1,739 | ▼ 27.7% |
| Profit (loss) for the period before taxes9903 | €246,737 | -€7,239 | €22,384 | €7,861 | -€11,027 | ▼ 240% |
| Income taxes67/77 | €74,866 | €50 | €5,736 | €3,378 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €171,870 | -€7,289 | €16,648 | €4,483 | -€11,027 | ▼ 346% |
| Profit (loss) for the period to be appropriated9905 | €171,870 | -€7,289 | €16,648 | €4,483 | -€11,027 | ▼ 346% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €445,164 | €365,680 | €427,373 | €434,753 | €384,747 | ▼ 11.5% |
| Fixed assets21/28 | €87,055 | €84,862 | €82,785 | €90,451 | €80,494 | ▼ 11.0% |
| Tangible fixed assets22/27 | €7,105 | €4,912 | €2,835 | €10,501 | €544 | ▼ 94.8% |
| Furniture and vehicles24 | - | €4,912 | €2,835 | €10,501 | €544 | ▼ 94.8% |
| Financial fixed assets28 | €79,950 | €79,950 | €79,950 | €79,950 | €79,950 | = |
| Current assets29/58 | €358,109 | €280,817 | €344,588 | €344,303 | €304,253 | ▼ 11.6% |
| Amounts receivable within one year40/41 | €266,356 | €205,249 | €202,961 | €209,201 | €162,664 | ▼ 22.2% |
| Trade receivables40 | - | €124,496 | €76,000 | €51,310 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €80,753 | €126,961 | €157,891 | €162,664 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €91,753 | €75,568 | €141,626 | €135,101 | €141,589 | ▲ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €445,164 | €365,680 | €427,373 | €434,753 | €384,747 | ▼ 11.5% |
| Equity10/15 | €340,381 | €333,093 | €349,741 | €354,224 | €343,197 | ▼ 3.1% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €320,381 | €320,381 | €329,741 | €334,224 | €334,224 | = |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | €511 | €511 | = |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | €511 | €511 | = |
| Distributable reserves133 | - | €318,381 | €327,741 | €333,713 | €333,713 | = |
| Profit (loss) carried forward14 | - | -€7,289 | €0 | - | -€11,027 | - |
| Amounts payable17/49 | €104,783 | €32,587 | €77,632 | €80,529 | €41,550 | ▼ 48.4% |
| Amounts payable after more than one year17 | - | - | €45,762 | €32,990 | €19,713 | ▼ 40.2% |
| Financial debts170/4 | - | - | €45,762 | €32,990 | €19,713 | ▼ 40.2% |
| Amounts payable within one year42/48 | €104,783 | €32,587 | €31,870 | €47,539 | €21,838 | ▼ 54.1% |
| Current portion of amounts payable after more than one year42 | - | - | €12,287 | €12,773 | €13,277 | ▲ 4.0% |
| Financial debts43 | - | €10,063 | €10,082 | €0 | - | - |
| Credit institutions430/8 | - | €10,063 | €10,082 | €0 | - | - |
| Trade debts44 | €4,691 | €5,234 | €2,988 | €3,811 | €1,028 | ▼ 73.0% |
| Suppliers440/4 | - | €5,234 | €2,988 | €3,811 | €1,028 | ▼ 73.0% |
| Taxes, remuneration and social security45 | - | €17,290 | €6,513 | €15,695 | €2,689 | ▼ 82.9% |
| Taxes450/3 | - | €17,290 | €6,513 | €9,945 | €2,689 | ▼ 73.0% |
| Remuneration and social security454/9 | - | €0 | - | €5,750 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €0 | - | €15,261 | €4,844 | ▼ 68.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €171,870 | -€7,289 | €16,648 | €4,483 | -€11,027 | ▼ 346% |
| + Depreciation and write-downs630 | €1,648 | €2,193 | €2,077 | €2,526 | €695 | ▼ 72.5% |
| Operating cash flow (approximation) | €173,519 | -€5,096 | €18,725 | €7,009 | -€10,332 | ▼ 247% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€10,191 | €9,261 | ▲ 191% |
| Change in cash | - | -€16,184 | €66,058 | -€6,525 | €6,488 | ▲ 199% |
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
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€11,027
Net result drops to -€11,027, the lowest in the series.
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €16,648
Net result €16,648 after one loss-making year.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity triplescurrent ratio 8.62
Current ratio from 3.42 to 8.62; short-term debt falls from €104,783 to €32,587.
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €171,870 ▲98.3%
Operating result €244,850, net result €171,870, both a record.
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €200,000Eq €242,117 ▲55.7%
2 profitable years in a row build equity to €242,117.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 342 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
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, Antwerpen · 1 establishment unit since 2017
Ground area
143 m²
Building footprint
81 m²
Volume, LiDAR
791 m³
Parcel 11806F1264/00X000, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kleinebeerstraat 13, 2018 Antwerpen
since 20172.324.562.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1264/00X000 | Flanders | 143 m² | 1 · 81 m² | 13.8 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
2024 · 1 entry · 229 EUR awarded · 229 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 229 EUR | 229 EUR |
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Ambisphere
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Of 1,312 companies in sector 47639 we hold annual accounts for 624. 448 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 (pre-2019)
Founded28-12-2011
Fiscal year end30-06
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
85510Sports and recreation education
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842466675
Also
9925:BE0842466675
Registered
15-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.