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Van Hessen Belgium operations

Active Public limited companyfounded 1976active for 50 yearsVoshol 1, 9160 LokerenKBO/BCE: BE 0416.875.415 subsidiary of Hesco BV#7 company by staff growth in Lokeren, Manufacturing sector

Lifetime

19 annual accounts with figures on one time axis, 48 filings since 1977
peak €40.1m (2020)
€25.5m▼ 35.0%
peak €2.6m (2022)
€709,067▼ 47.8%
peak €15.0m (2024)
€15.0m▲ 4.9%
€2.8m▼ 19.0%
peak 40.1 FTE (2024)
40.1 FTE▲ 9.6%
Board10 names since 2016
2 directorsDE WINTER André and 1 other
Owners2 names in the annual accounts
consolidatesHesco BV
Documentsfilings and deeds
19-06-202542 days before the deadline
2024financial year
Turnover from €39.3m to €25.5mResult from €1.4m to €709,067Staff from 36.6 FTE to 40.1 FTEReappointment: Finvision Waasland (statutory auditor) 10-12Debts from €3.4m to €2.8m1 establishment registered

Key points

from the 2024 annual accounts

Equity

€15.0m ▲ 4.9%

Van Hessen Belgium operations has made a profit in every financial year since 2006.

Result

€709,067 ▼ 47.8%
€1.4m2023€709,0002024

The result fell in 2024 from €1.4m to €709,067.

Investments

€11,790 0.0 × depreciation
2021202220232024

Green is investment, beige is depreciation.

Staff

40 employees on 31-12-2024
1220214102022217202310112024

In 2024, 10 people joined and 11 left. On top of that, 3.3 agency workers worked there on average.

Filings

48 annual accounts 100 days past the deadline
AprilJune31 JulyOctober198019952010

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

84.4%

Higher solvency than 93% of companies in food products. Sector median 36.1% · 870 companies.

Checked score

56
Fair
Financially stronger than 56% of small companies in food products (NACE 10)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 632 companies (NACE 10, small).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.1%highest value 01-2025: 0.5%▼ -0.6 percentage points vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.4%▼ -0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.2 percentage points vs 09-2026 11-2026: 1.0%● unchanged vs 10-2026

Financial strength
Strong

100=equity 84.4% of total assets
52=short-term debt 8.7% · cash 1.4%
62-4return on assets 4.0%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 26-06-2025)
Liquidity: current ratio 10.49, cash €246,666
lowers risk
Founded in 1976
Equity €15.0m (84.4% of total assets)
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 10, small). It does better than 95% of them on solvency, 67% on liquidity, 36% on profitability and 27% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as Van Hessen Belgium operations has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Van Hessen Belgium operations itself is higher: 1.0% within 12 months. It rests on far more data about Van Hessen Belgium operations than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for Van Hessen Belgium operations. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €800,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is ample, with a current ratio of 10.49 (10.4 in 2023), above the usual 1.5. Short-term debt is 8.7% and cash 1.4% of total assets. 15.6% of the assets are financed with debt and provisions.

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed on 26-06-2025)
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €15.0m (84.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 10.49, cash €246,666
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
42 days early
2023
134 days late
2022
127 days late
2021
127 days late
2020
69 days late
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 62 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

EC
Endeavour Consulting CommV
Daily manager, Thomas De Winter
FC
FDW Consult CommV
Daily manager, Frederik De Winter
BR
Director, since 25-10-2023
DW
Director, since 25-10-2023
FW
Auditor, Geert Van Hemelryck
  • Hesco BV consolidatesannual accounts 2024
Board & ownership

Recent changes

New establishment in Kalmthout Van Hessen Belgium operations N.V., Bloemstraat 56
Registered in the Peppol Directory Reachable for e-invoices through 0208:0416875415
4 directors appointed CommV Endeavour Consulting (director), Thomas De Winter (legal representative), CommV FDW CONSULT (director) and Frederik De Winter (legal representative) · Permanent representatives: Thomas De Winter and Frederik De Winter · General meeting of 17-06-2025 · Gazette deed
Reappointment: Finvision Waasland (statutory auditor) General meeting of 27-09-2024 · Gazette deed
All 73 events

Comparable companies

same main activity, similar in size and age
Company
Van Hessen Belgium operations Lokeren €25.5m 2.9% 84.4% 40.1
LAVAMEAT Staden €30.2m 12.8% 72.9% 32.2
SLACHTHUIS VANLOMMEL Olen €24.7m 2.4% 40.6% 53.3
LONKI Temse €31.1m -3.7% 76.3% 62.2
EXPORTSLACHTHUIS DE COSTER Wingene €27.0m 0.3% 24.5% 50.9
WAMA-BEEF Ciney €24.5m -5.3% 3.9% 39.7
E.E.G. SLACHTHUIS MARCEL VAN HOORNWEDER & ZOON Torhout €14.7m 5.5% 77.6% 26.8
-10%0%10%20%€20m€200m€2bnVan Hessen Belgium operationsEBIT margin

Grey: the largest companies of the sector (food products (NACE 10)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Van Hessen Belgium operations: manufacture of food products (NACE 10111). They are comparable in size and age: total assets between €9.8m and €18m, founded between 1983 and 1995.

Official details

Source: KBO
Status
Active since 01-10-1976Normal situation
Activity
Manufacture of food productsNACE 10111and 1 other
Establishment units
2.013.165.4179160 Lokeren, since 01-10-1976
2.168.030.7662321 Hoogstraten, since 15-01-2008and 9 others
Financial year end
31 December
Peppol
Reachable since 10-10-2025
Company details

Annual accounts 2024

€17.8m▲ 0.3%
Employeeson 31-12-2024
40▼ 2.4%
Filing
Filed on 19-06-2025
Financials

Insights on Van Hessen Belgium operations

Van Hessen Belgium operations has existed since 1976. Turnover grew from €16.9m in 2008 to €25.5m in 2024 and staff from 22.7 to 40.1 full-time equivalents.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Van Hessen Belgium operations

What is the company number of Van Hessen Belgium operations?
The company number of Van Hessen Belgium operations is 0416.875.415. The VAT number is the same number with BE in front: BE 0416.875.415.
Where is Van Hessen Belgium operations based?
The registered office is at Voshol 1, 9160 Lokeren.Company details
What does Van Hessen Belgium operations do?
According to the KBO register, the main activity is manufacture of food products (NACE 10111).
What is the legal form of Van Hessen Belgium operations?
Van Hessen Belgium operations is a public limited company (NV).
When was Van Hessen Belgium operations founded?
Van Hessen Belgium operations was founded on 01-10-1976.
Is Van Hessen Belgium operations still active?
Yes, Van Hessen Belgium operations is an active enterprise in the KBO register.
How many employees does Van Hessen Belgium operations have?
Van Hessen Belgium operations had an average of 40.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Van Hessen Belgium operations?
The turnover of Van Hessen Belgium operations was €25.5m in financial year 2024, according to the filed annual accounts.
Is Van Hessen Belgium operations profitable?
In financial year 2024, Van Hessen Belgium operations made a profit of €709,067.
Where can I find the annual accounts of Van Hessen Belgium operations?
Van Hessen Belgium operations filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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