Hestia

Active

Public limited companyfounded 200818 yrs activePrins Boudewijnlaan 24, 2550 Kontich, BelgiumKBO/BCE: BE 0895.216.166

Hestia has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-115k) and a net result of €74k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

54 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability60▲+30

Solvency20▲+5

Growth31▲+1

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.96 against 0.85 in 2024; short-term debt: 96.4% and cash: 0.3% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1416 sector peers (2025).

NBB · sector comparison

Position among 1416 sector peers

Solvency

better than 17%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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

24 d late

2024

22 d late

2023

20 d early

2022

8 d late

2021

19 d late

2020

17 d early

2019

17 d early

← before the deadline after the deadline →

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

23-09-2026 today31-12-2026 close31-07-2027 deadline

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, full schema

Turnover

€6.31M▲ 2.7%

2024 · €6.14M

2018: €7.12M 2019: €7.44M 2020: €6.41M 2021: €6.50M 2022: €6.60M 2023: €6.89M 2024: €6.14M

2018 → 2025

EBIT margin

3.3%▲ 2.5pp

2024 · 0.8%

2018: 2.6% 2019: 2.7% 2020: 1.5% 2021: 0.4% 2022: -5.2% 2023: -3.4% 2024: 0.8%

2018 → 2025

Net result

€74k▲ 2,479%

2024 · €3k

2018: €99k 2019: €169k 2020: €70k 2021: €14k 2022: €-356k 2023: €-191k 2024: €3k

2018 → 2025

Working capital

€-98k▲ 63.4%

2024 · €-267k

2018: €640k 2019: €534k 2020: €643k 2021: €329k 2022: €-130k 2023: €-361k 2024: €-267k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€6.50M-€6.60M▲ 1.5%€6.89M▲ 4.4%€6.14M▼ 10.9%€6.31M▲ 2.7%

Equity€608k-€-736€-191k▼ 25,914%€-189k▲ 1.5%€-115k▲ 39.1%

Operating result€25k-€-342k€-234k▲ 31.6%€47k€209k▲ 348%

Net result€14k-€-356k€-191k▲ 46.4%€3k€74k▲ 2,479%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 348% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.30M

92.2%

Fixed assets €180k▼ 37.2%

Current assets €2.13M▲ 35.8%

Key figures and ratios

2025 value · change against 2024

EBITDA

€233k▲

2024 · €72k

Cash flow

€98k▲

2024 · €29k

Solvency

-5.0%▲

2024 · -10.2%

Current ratio

0.96▲

2024 · 0.85

Quick ratio

0.96▲

2024 · 0.85

Debt / equity

-21.08▼

2024 · -10.82

ROA

3.2%▲

2024 · 0.2%

Interest coverage

6.59▲

2024 · 1.69

Debt

€2.42M▲

2024 · €2.04M

Debt ≤ 1 year

€2.22M▲

2024 · €1.83M

Income taxes

€545▼

2024 · €1k

Staff costs

€477k▼

2024 · €635k

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€1.85M€2.30M▲

Fixed assets21/28€286k€180k▼

Tangible fixed assets22/27€38k€19k▼

Plant, machinery and equipment23€10k€5k▼

Furniture and vehicles24€192€4k▲

Other tangible fixed assets26€28k€9k▼

Financial fixed assets28€248k€161k▼

Current assets29/58€1.57M€2.13M▲

Amounts receivable within one year40/41€1.49M€2.06M▲

Trade receivables40€1.49M€2.06M▲

Other amounts receivable41-€345

Cash at bank and in hand54/58€14k€7k▼

Deferred charges and accrued income490/1€61k€60k▼

Equity and liabilities

Total equity and liabilities10/49€1.85M€2.30M▲

Equity10/15€-189k€-115k▲

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Reserves13€6k€6k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k€6k=

Profit (loss) carried forward14€-257k€-183k▲

Provisions and deferred taxes16-€71

Provisions for liabilities and charges160/5-€71

Pensions and similar obligations160-€71

Amounts payable17/49€2.04M€2.42M▲

Amounts payable within one year42/48€1.83M€2.22M▲

Trade debts44€1.19M€1.14M▼

Suppliers440/4€1.19M€1.14M▼

Taxes, remuneration and social security45€87k€58k▼

Taxes450/3€10k€3k▼

Remuneration and social security454/9€77k€55k▼

Other amounts payable47/48€556k€1.03M▲

Accrued charges and deferred income492/3€208k€197k▼

Income statement Code20242025

Turnover70€6.14M€6.31M▲

Goods, raw materials, services and sundry goods60/61€6.03M€6.27M▲

Remuneration, social security and pensions62€635k€477k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€24k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€71

Other operating charges640/8€4k€3k▼

Non-recurring operating charges66A-€820

Gross operating margin9900€711k€714k▲

Operating profit (loss)9901€47k€209k▲

Financial income75/76B€305€32▼

Recurring financial income75€305€32▼

Financial charges65/66B€43k€135k▲

Recurring financial charges65€43k€35k▼

Non-recurring financial charges66B-€99k

Profit (loss) for the period before taxes9903€4k€74k▲

Income taxes67/77€1k€545▼

Profit (loss) for the period9904€3k€74k▲

Profit (loss) for the period to be appropriated9905€3k€74k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-257k€-183k▲

Profit (loss) brought forward from the previous period14P€-260k€-257k▲

Social balance

Average headcount (FTE)90875.85.2▼

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-08

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 24 days late

2025

22-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 22 days late

2024

31-12

Financial Back to profitnet €3k

Net result €3k after 2 loss-making years.

11-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

08-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 8 days late

2022

31-12

Financial Weakest financial yearnet €-356k ▼2723%

Net result drops to €-356k, the lowest in the series; recovery starts the following year.

19-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 19 days late

2021

14-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

14-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Highest result since 2018net €169k ▲71.2%

Net result €169k, the highest in the series.

02-07

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

13-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

29-08

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2019

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.

11-10-2019 Dirk Deroost: Resigned as Director

11-10-2019 Rita Verreydt: Resigned as Director

14-06-2013 Dirk Deroost: Resigned as Director

14-06-2013 Jackie Janssen: Resigned as Permanent representative

01-10-2012 Dirk Deroost: Resigned as Permanent representative

Location & real-estate footprint

Registered office, Kontich · 1 establishment unit since 2008

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.

Prins Boudewijnlaan 242550 Kontich

Ground area