VAN HEIRSEELE-SCHWEIGER
ActiveSummary
VAN HEIRSEELE-SCHWEIGER has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137k and a net result of €15k. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 10.42 against 9.58 in 2024; short-term debt: 9.6% and cash: 11.5% of total assets), and 9.6% of the assets are financed with debt.
Credit advice for your own amount and term
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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
90.4%
Return on assets
9.6%
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 13-08-2026, 13 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 filingsDeviation from the deadline
2025
13 d late
2024
47 d late
2023
43 d early
2022
42 d early
2021
1 d late
2020
24 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€137k▲ 11.9%
2024 · €122k
2018: €68k
2019: €74k
2020: €94k
2021: €112k
2022: €117k
2023: €137k
2024: €122k
2018 → 2025
Total assets
€152k▲ 11.0%
2024 · €137k
2018: €99k
2019: €100k
2020: €108k
2021: €133k
2022: €140k
2023: €150k
2024: €137k
2018 → 2025
Net result
€15k▼ 24.0%
2024 · €19k
2018: €-14k
2019: €6k
2020: €19k
2021: €18k
2022: €5k
2023: €20k
2024: €19k
2018 → 2025
Working capital
€137k▲ 12.7%
2024 · €121k
2018: €68k
2019: €73k
2020: €93k
2021: €111k
2022: €117k
2023: €135k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€117k▲ 4.8%€137k▲ 16.9%€122k▼ 10.5%€137k▲ 11.9%
Operating result€24k-€7k▼ 69.5%€28k▲ 276%€24k▼ 11.5%€17k▼ 28.6%
Net result€18k-€5k▼ 69.7%€20k▲ 270%€19k▼ 2.8%€15k▼ 24.0%
Turnover and EBIT margin not published: the abbreviated or 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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€573 ▼ 55.7%
Current assets
€151k ▲ 11.6%
Equity and liabilities €152k
Equity
€137k ▲ 11.9%
Debt
€15k ▲ 2.6%
Debt's share of the balance-sheet total falls from 10.4% to 9.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €25k
Cash flow
€15k▼
2024 · €20k
Current ratio
10.42▲
2024 · 9.58
Quick ratio
6.37▲
2024 · 5.17
Debt to equity
0.11▼
2024 · 0.12
ROE
10.7%▼
2024 · 15.7%
ROA
9.6%▼
2024 · 14.1%
Interest coverage
130.49▲
2024 · 59.75
Debt ≤ 1 year
€14k▲
2024 · €14k
Income taxes
€4k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€137k€152k▲
Fixed assets21/28€1k€573▼
Tangible fixed assets22/27€795€73▼
Plant, machinery and equipment23€795€73▼
Financial fixed assets28€500€500=
Current assets29/58€135k€151k▲
Amounts receivable after more than one year29€9k€13k▲
Other amounts receivable291€9k€13k▲
Stocks and contracts in progress3€62k€59k▼
Stocks30/36€62k€59k▼
Amounts receivable within one year40/41€25k€59k▲
Trade receivables40€5k€23k▲
Other amounts receivable41€20k€36k▲
Cash at bank and in hand54/58€38k€17k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€137k€152k▲
Equity10/15€122k€137k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€104k€118k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€102k€117k▲
Amounts payable17/49€14k€15k▲
Amounts payable within one year42/48€14k€14k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€8k€5k▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€30€42▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€714€721▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€26k€20k▼
Operating profit (loss)9901€24k€17k▼
Financial income75/76B€861€1k▲
Recurring financial income75€861€1k▲
Financial charges65/66B€420€139▼
Recurring financial charges65€420€139▼
Profit (loss) for the period before taxes9903€25k€19k▼
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€19k€15k▼
Profit (loss) for the period to be appropriated9905€19k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€15k▼
Transfer from equity791/2€34k-
Transfer to equity691/2€19k€15k▼
To other reserves6921€19k€15k▼
Profit to be distributed694/7€34k-
Return on contributions (dividend)694€34k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €20k ▲270%
Operating result €28k, net result €20k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Equity above €100kEq €112k ▲18.8%
3 profitable years in a row build equity to €112k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
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, Oostende · 1 establishment unit since 1996
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.
Nieuwpoortsesteenweg 698400 OostendeGround area
214 m²
Building footprint
108 m²
Volume, LiDAR
986 m³
Parcel 35384A0055/00P002, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MUZIEKHANDEL VAN HEIRSEELE
since 19962.075.202.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0055/00P002 | Flanders | 214 m² | 1 · 108 m² | 13.2 m · 3 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
Kjes
BE 0761.362.502
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mat consult
BE 0893.853.812
Mont-Saint-Guibert · Eq €137,054
SMART and Green Engineering
BE 0752.770.874
Nazareth-De Pinte · Eq €137,111
Hayen Maurice Zepperen
BE 1003.337.316
Sint-Truiden · Eq €137,015
DIEGEM STATION I
BE 0805.706.942
Machelen (Brab.) · Eq €136,998
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,154 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
47789Other retail sale of new goods
82300Organisation of conventions and trade shows
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.