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VAN HECKE, E-B.V.B.A.

Active
Private limited company (pre-2019)founded 199531 yrs activeCharles Andriesstraat 9, 9060 Zelzate, BelgiumKBO/BCE: BE 0454.906.145

VAN HECKE, E-B.V.B.A. has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €485k and a net result of €46k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
94 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▲+31
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 12.55 against 3.28 in 2024), and 6.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
93.5%
Return on assets
8.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
25 d late
2024
4 d late
2023
2 d early
2022
21 d late
2021
23 d late
2020
66 d early
2019
63 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€485k▲ 10.5%
2024 · €438k
2018: €341k 2019: €366k 2020: €370k 2021: €341k 2022: €396k 2023: €423k 2024: €438k
2018 → 2025
Total assets
€518k▼ 16.0%
2024 · €616k
2018: €383k 2019: €438k 2020: €421k 2021: €443k 2022: €473k 2023: €674k 2024: €616k
2018 → 2025
Net result
€46k▲ 202%
2024 · €15k
2018: €82k 2019: €25k 2020: €57k 2021: €59k 2022: €56k 2023: €27k 2024: €15k
2018 → 2025
Working capital
€386k▼ 5.0%
2024 · €406k
2018: €310k 2019: €346k 2020: €338k 2021: €233k 2022: €320k 2023: €373k 2024: €406k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€341k-€396k▲ 16.3%€423k▲ 6.8%€438k▲ 3.6%€485k▲ 10.5%
Operating result€81k-€83k▲ 1.5%€37k▼ 54.9%€23k▼ 37.3%€68k▲ 190%
Net result€59k-€56k▼ 5.6%€27k▼ 51.8%€15k▼ 43.1%€46k▲ 202%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €81k€81kNet result 2021: €59k€59kOperating result 2022: €83k€83kNet result 2022: €56k€56kOperating result 2023: €37k€37kNet result 2023: €27k€27kOperating result 2024: €23k€23kNet result 2024: €15k€15kOperating result 2025: €68k€68kNet result 2025: €46k€46k20212022202320242025
The operating result recovers in 2025; 2025 is 190% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €518k
Fixed assets €99k▲ 205%
Current assets €419k▼ 28.2%
Equity and liabilities €518k
Equity €485k▲ 10.5%
Debt €33k▼ 81.2%
The debt ratio falls from 28.9% to 6.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€94k
2024 · €47k
Cash flow
€72k
2024 · €39k
Solvency
93.5%
2024 · 71.1%
Current ratio
12.55
2024 · 3.28
Quick ratio
12.55
2024 · 3.12
Debt / equity
0.07
2024 · 0.41
ROE
9.5%
2024 · 3.5%
ROA
8.9%
2024 · 2.5%
Interest coverage
374.77
2024 · 26.30
Debt
€33k
2024 · €178k
Debt ≤ 1 year
€33k
2024 · €178k
Income taxes
€22k
2024 · €8k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€616k€518k
Formation expenses20-€0
Fixed assets21/28€32k€99k
Tangible fixed assets22/27€32k€99k
Land and buildings22-€0
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€28k€96k
Current assets29/58€584k€419k
Stocks and contracts in progress3€29k-
Contracts in progress37€29k-
Amounts receivable within one year40/41€506k€137k
Trade receivables40€67k€20k
Other amounts receivable41€440k€117k
Current investments50/53-€240k
Cash at bank and in hand54/58€47k€38k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€616k€518k
Equity10/15€438k€485k
Contributions10/11€6k€6k=
Reserves13€432k€478k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€430k€476k
Amounts payable17/49€178k€33k
Amounts payable within one year42/48€178k€33k
Trade debts44€172k€20k
Suppliers440/4€172k€20k
Taxes, remuneration and social security45€3k€12k
Taxes450/3€3k€12k
Other amounts payable47/48€3k€2k
Income statement Code20242025
Non-recurring operating income76A-€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k
Other operating charges640/8€383€939
Gross operating margin9900€48k€95k
Operating profit (loss)9901€23k€68k
Financial income75/76B€1k€454
Recurring financial income75€1k€454
Financial charges65/66B€2k€250
Recurring financial charges65€2k€250
Profit (loss) for the period before taxes9903€23k€68k
Income taxes67/77€8k€22k
Profit (loss) for the period9904€15k€46k
Profit (loss) for the period to be appropriated9905€15k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€15k€46k
Transfer to equity691/2€15k€46k
To other reserves6921€15k€46k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial Liquidity quadruplescurrent ratio 12.55
Current ratio from 3.28 to 12.55; short-term debt falls from €178k to €33k.
04-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-12
Financial Weakest financial yearnet €15k ▼43.1%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
26-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Zelzate · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Charles Andriesstraat 99060 Zelzate
Ground area
682 m²
Building footprint
195 m²
Volume, LiDAR
722 m³
Parcel 43018D0710/00N003, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Charles Andriesstraat 9, 9060 Zelzate
NACE 4525005
since 20012.071.510.224
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43018D0710/00N003 Flanders 682 m² 1 · 195 m² 5.7 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

Of 22,826 companies in sector 43211 we hold annual accounts for 10,326. 6,570 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded26-03-1995
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
52442
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.