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HSE HAVENITH

Active
Private limited companyfounded 2005active for 21 yearsSchonsweg 11, 4730 Raeren, BelgiumKBO/BCE: BE 0871.623.885

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HSE HAVENITH has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €124,314 and a net result of €32,267. Equity has been growing by about 14% per year since 2019. Its solvency ranks better than 51% of 865 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 02-02-2005 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.145.296.243 4730 Raeren, since 17-02-2005
Financial year end
31 March
Peppol
Reachable since 02-07-2025

Financial position

94 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Gross margin
€66,691
▲ 3.0%
Turnover
≈ €240,000
estimated
Profit
€32,267
▼ 1.1%
Equity
€124,314
▼ 35.6%
Total assets
€243,802
▼ 6.9%
Filed on 28-09-2026, 33 days before the deadlineat the National Bank
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.54, cash €145,461Equity €124,314 (51.0% of total assets)Founded in 2005Show the evidence

Checked score

Score 2026
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Strong
Solvency 76-23
equity 51.0% of total assets
Liquidity 76-14
short-term debt 49.0% · cash 59.7%
Profitability 85+1
return on assets 13.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (2.76 in 2025), above the usual 1.5. Short-term debt is 49% and cash 59.7% of total assets. 49% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 55% of them on solvency, 74% on liquidity, 69% on profitability and 12% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.54, cash €145,461
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €124,314 (51.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
33 days early
2025
1 day early
2024
6 days early
2023
6 days early
2022
3 days early
2021
3 days late
2020
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 25 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2026: €32,267 8 years View
  • Caution: Equity fell in 2026from €192,967 to €124,314 ▼ 35.6% View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as HSE HAVENITH: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €234,000 and €266,000, founded between 2005 and 2006.

CompanyTotal assetsGross margin
HSE HAVENITH Raeren€243,802€66,691
TOUT-ELEC SECURITY Fleurus€257,555€64,290
ADLS Manhay€234,198€71,840
KERREMANS TECHNIEKEN Merksplas€266,051€69,550
SEASQUARE Brussel€253,161€59,935
BESARD Maarkedal€262,377€60,217
ELECTRO ROGGEN Herk-de-Stad€246,307€73,961
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HSE HAVENITH

What is the company number of HSE HAVENITH?
The company number of HSE HAVENITH is 0871.623.885. The VAT number is the same number with BE in front: BE 0871.623.885.
Where is HSE HAVENITH based?
The registered office is at Schonsweg 11, 4730 Raeren.Company details
What does HSE HAVENITH do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of HSE HAVENITH?
The legal form of HSE HAVENITH is Private limited company (BV).
When was HSE HAVENITH founded?
HSE HAVENITH was founded on 02-02-2005.
Is HSE HAVENITH still active?
Yes, HSE HAVENITH is an active enterprise in the KBO register.
What is the turnover of HSE HAVENITH?
The turnover in financial year 2026 is ≈ €240,000. This figure is estimated from the gross margin of €66,691 and 42 comparable companies (NACE 43211). It probably lies between €160,000 and €400,000.Financials
Is HSE HAVENITH profitable?
In financial year 2026, HSE HAVENITH made a profit of €32,267.
Where can I find the annual accounts of HSE HAVENITH?
HSE HAVENITH filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of HSE HAVENITH due?
HSE HAVENITH must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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