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VAN HESE

Active
Public limited companyfounded 199827 yrs activePr. Thuysbaertlaan 12C, 9160 Lokeren, BelgiumKBO/BCE: BE 0464.500.534

VAN HESE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 78% of 1984 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
76 / 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▲+1
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 5.03 against 4.01 in 2024), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 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
71.7%
Return on assets
0.5%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
5 d early
2021
4 d early
2020
3 d early
2019
on the day
← 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
13-09-2026 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
€285k▲ 0.7%
2024 · €283k
2018: €302k 2019: €328k 2020: €242k 2021: €283k 2022: €280k 2023: €281k 2024: €283k
2018 → 2025
Total assets
€397k▼ 5.5%
2024 · €420k
2018: €539k 2019: €520k 2020: €516k 2021: €554k 2022: €507k 2023: €455k 2024: €420k
2018 → 2025
Net result
€2k▲ 51.5%
2024 · €1k
2018: €6k 2019: €26k 2020: €14k 2021: €41k 2022: €-4k 2023: €2k 2024: €1k
2018 → 2025
Working capital
€205k▲ 3.0%
2024 · €199k
2018: €215k 2019: €234k 2020: €164k 2021: €253k 2022: €228k 2023: €209k 2024: €199k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€283k-€280k▼ 1.3%€281k▲ 0.7%€283k▲ 0.4%€285k▲ 0.7%
Operating result€56k-€-9k€-5k▲ 47.1%€-5k▼ 7.5%€-11k▼ 118%
Net result€41k-€-4k€2k€1k▼ 37.1%€2k▲ 51.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €56k€56kNet result 2021: €41k€41kOperating result 2022: €-9k€-9kNet result 2022: €-4k€-4kOperating result 2023: €-5k€-5kNet result 2023: €2k€2kOperating result 2024: €-5k€-5kNet result 2024: €1k€1kOperating result 2025: €-11k€-11kNet result 2025: €2k€2k20212022202320242025
The operating result stays negative: a loss of €11k in 2025 against €5k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €397k
Fixed assets €141k▼ 9.0%
Current assets €256k▼ 3.5%
Equity and liabilities €397k
Equity €285k▲ 0.7%
Debt €112k▼ 18.3%
The debt ratio falls from 32.7% to 28.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €9k
Cash flow
€16k
2024 · €15k
Solvency
71.7%
2024 · 67.3%
Current ratio
5.03
2024 · 4.01
Quick ratio
5.03
2024 · 4.01
Debt / equity
0.39
2024 · 0.49
ROE
0.7%
2024 · 0.4%
ROA
0.5%
2024 · 0.3%
Interest coverage
1.17
2024 · 3.27
Debt
€112k
2024 · €137k
Debt ≤ 1 year
€51k
2024 · €66k
Debt > 1 year
€61k
2024 · €71k
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€420k€397k
Fixed assets21/28€155k€141k
Tangible fixed assets22/27€154k€140k
Land and buildings22€153k€140k
Plant, machinery and equipment23€710€247
Financial fixed assets28€1k€670
Current assets29/58€265k€256k
Amounts receivable within one year40/41€264k€251k
Trade receivables40€531€636
Other amounts receivable41€263k€250k
Cash at bank and in hand54/58€699€5k
Deferred charges and accrued income490/1€377-
Equity and liabilities
Total equity and liabilities10/49€420k€397k
Equity10/15€283k€285k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€123k€123k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€117k€117k=
Profit (loss) carried forward14€98k€99k
Amounts payable17/49€137k€112k
Amounts payable after more than one year17€71k€61k
Financial debts170/4€71k€61k
Amounts payable within one year42/48€66k€51k
Current portion of amounts payable after more than one year42€25k€10k
Financial debts43-€833
Credit institutions430/8-€833
Trade debts44€938€3k
Suppliers440/4€938€3k
Taxes, remuneration and social security45€385€71
Taxes450/3€385€71
Other amounts payable47/48€40k€36k
Accrued charges and deferred income492/3-€500
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k
Other operating charges640/8€3k€3k
Gross operating margin9900€12k€6k
Operating profit (loss)9901€-5k€-11k
Financial income75/76B€9k€15k
Recurring financial income75€9k€15k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€2k€2k
Income taxes67/77€314-
Profit (loss) for the period9904€1k€2k
Profit (loss) for the period to be appropriated9905€1k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€98k€99k
Profit (loss) brought forward from the previous period14P€96k€98k

The notes to these accounts (7 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
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-4k ▼109%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €41k ▲186%
Operating result €56k, net result €41k, both a record.
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
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
5 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, Lokeren · 1 establishment unit since 1998
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.

Pr. Thuysbaertlaan 12C9160 Lokeren
1 establishment unit
VAN HESE NV
Pr. Thuysbaertlaan 12C, 9160 LokerenInsurance, reinsurance and pension funding, except compulsory social security
since 19982.089.228.956

Similar companies · same sector, comparable size

Of 3,911 companies in sector 71112 we hold annual accounts for 1,290. 877 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded02-11-1998
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filings

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.