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VAN HEES

Active
Private limited company (pre-2019)founded 199234 yrs activeFrans Raatsstraat (Dp) 52, 2920 Kalmthout, BelgiumKBO/BCE: BE 0447.969.457

VAN HEES has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €-6k. Equity is shrinking by ~55.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
31 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.27 against 0.4 in 2024; short-term debt: 254.9% and cash: 28.5% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-154.9%
Return on assets
-67.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 34 years 0 40 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €-14k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
on the day
2023
on the day
2022
on the day
2021
2 d early
2020
1 d early
2019
2 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
18-09-2026 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, abbreviated schema

Equity
€-14k▼ 77.9%
2024 · €-8k
2018: €84k 2019: €43k 2020: €48k 2021: €33k 2022: €13k 2023: €684 2024: €-8k
2018 → 2025
Total assets
€9k▼ 18.2%
2024 · €11k
2018: €113k 2019: €64k 2020: €80k 2021: €60k 2022: €29k 2023: €15k 2024: €11k
2018 → 2025
Net result
€-6k▲ 28.3%
2024 · €-9k
2018: €-28k 2019: €-41k 2020: €5k 2021: €-15k 2022: €-20k 2023: €-12k 2024: €-9k
2018 → 2025
Working capital
€-17k▼ 47.3%
2024 · €-11k
2018: €67k 2019: €34k 2020: €25k 2021: €14k 2022: €-682 2023: €-8k 2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€33k-€13k▼ 60.9%€684▼ 94.7%€-8k€-14k▼ 77.9%
Operating result€-15k-€-20k▼ 27.5%€-12k▲ 39.7%€-8k▲ 29.9%€-6k▲ 30.8%
Net result€-15k-€-20k▼ 29.0%€-12k▲ 39.2%€-9k▲ 29.3%€-6k▲ 28.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-15k€-10k€-5k€0Operating result 2021: €-15k€-15kNet result 2021: €-15k€-15kOperating result 2022: €-20k€-20kNet result 2022: €-20k€-20kOperating result 2023: €-12k€-12kNet result 2023: €-12k€-12kOperating result 2024: €-8k€-8kNet result 2024: €-9k€-9kOperating result 2025: €-6k€-6kNet result 2025: €-6k€-6k20212022202320242025
The operating result stays negative: a loss of €6k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets €3k▼ 22.0%
Current assets €6k▼ 16.5%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-5k
2024 · €-3k
Cash flow
€-5k
2024 · €-4k
Solvency
-154.9%
2024 · -71.2%
Current ratio
0.27
2024 · 0.40
Quick ratio
0.27
2024 · 0.28
Debt / equity
-1.65
2024 · -2.40
ROA
-67.8%
2024 · -77.4%
Interest coverage
-34.88
2024 · -58.14
Debt
€23k
2024 · €19k
Debt ≤ 1 year
€23k
2024 · €19k
Income taxes
€298
2024 · €279
Staff costs
€784
2024 · €776
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€11k€9k
Fixed assets21/28€3k€3k
Tangible fixed assets22/27€766-
Furniture and vehicles24€766-
Financial fixed assets28€3k€3k=
Current assets29/58€8k€6k
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€3k€4k
Trade receivables40-€427
Other amounts receivable41€3k€3k
Cash at bank and in hand54/58€2k€3k
Equity and liabilities
Total equity and liabilities10/49€11k€9k
Equity10/15€-8k€-14k
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-28k€-34k
Amounts payable17/49€19k€23k
Amounts payable within one year42/48€19k€23k
Current portion of amounts payable after more than one year42€939-
Trade debts44€2k€702
Suppliers440/4€2k€702
Taxes, remuneration and social security45€298€297=
Taxes450/3€298€297=
Other amounts payable47/48€16k€22k
Income statement Code20242025
Remuneration, social security and pensions62€776€784
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€766
Other operating charges640/8€1k€705
Gross operating margin9900€-1k€-3k
Operating profit (loss)9901€-8k€-6k
Financial income75/76B€1€0
Recurring financial income75€1€0
Financial charges65/66B€56€142
Recurring financial charges65€56€142
Profit (loss) for the period before taxes9903€-8k€-6k
Income taxes67/77€279€298
Profit (loss) for the period9904€-9k€-6k
Profit (loss) for the period to be appropriated9905€-9k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-34k
Profit (loss) brought forward from the previous period14P€-20k€-28k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €5k
Net result €5k after 2 loss-making years.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 1992
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.

Frans Raatsstraat (Dp) 522920 Kalmthout
Ground area
647 m²
Building footprint
227 m²
Volume, LiDAR
851 m³
Parcel 11022B0485/00S003, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
VAN HEES BVBA
Frans Raatsstraat (Dp) 52, 2920 KalmthoutManufacture of machinery and equipment not elsewhere classified
since 19922.059.578.729
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11022B0485/00S003 Flanders 647 m² 1 · 227 m² 7.5 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Kalmthout
1 permission
Boerderij - herten · since 01-01-2006

Similar companies · same sector, comparable size

Of 29,803 companies in sector 41001 we hold annual accounts for 16,038. 1,323 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-1992
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
49410Freight transport by road
49420Removal services
60241
71100
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.