HEVECO is a furniture maker in Genk. Private Limited, started on 3 June 1985, 1 establishment.

What is the address of HEVECO?

The registered office of HEVECO is located at Eikelaarstraat 19A, 3600 Genk.

Is HEVECO still active?

Yes. According to the CBE (30 October 2026) HEVECO is active, legal situation “Normale toestand”, started on 3 June 1985.

Is HEVECO registered on Peppol?

Yes, HEVECO is registered on the Peppol network with ID 0208:0427448316.

What is the enterprise number of HEVECO?

The enterprise number of HEVECO is BE0427448316.

When was HEVECO founded?

HEVECO was founded on 3 June 1985.

Who are the directors of HEVECO?

According to the 2025 annual accounts, the directors of HEVECO are: B-NO Engineering BV, Bart HUYGEN.

Is HEVECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 June 1985; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HEVECO make in 2025?

HEVECO posted a profit after taxes of € 1,190,112 in financial year 2025.

What is the revenue of HEVECO?

As a small company, HEVECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,095,301.

How much does an employee at HEVECO earn?

The average wage cost per full-time employee at HEVECO was € 63,400 in 2025: staff costs of € 1.3 million for 21.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HEVECO have?

According to the 2025 annual accounts, HEVECO has 21.2 full-time equivalents (FTE).

Does HEVECO have a website?

Yes, HEVECO has a website at heveco.be.

HEVECO (Private Limited) - Genk - BE0427448316

Dossier HEVECO, printed on 30 October 2026 from databakkes.be/en/0427448316/heveco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 26 to 21.2.

Financials

Financial year 2025

HEVECO from Genk, company number BE0427448316, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year HEVECO recorded a gross margin of € 3.1 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.

What it is worth Growing

€ 1.5 million

▲ 6% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.2 million

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 858,256

▲ € 753,287 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.1 million paid out

92 % of the profit went to the shareholders, mostly to B-NO ENGINEERING (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

21.2

▼ 1.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▼ 4% vs 2024

€ 63,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 204,005

▼ 24% vs 2024

Of which on lease € 153,222.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 154,355

▼ 27% vs 2024

€ 70,395 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 415,011

▼ 34% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 244,959

▲ 41% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,583,840 Gross margin 2022: € 2,583,840 First fiscal year in the series	€ 3,338,465 Gross margin 2023: € 3,338,465 ▲ 29% vs 2022 (€ 2,583,840) Favourable step	€ 3,028,932 Gross margin 2024: € 3,028,932 ▼ 9% vs 2023 (€ 3,338,465) Unfavourable step	€ 3,095,301 Gross margin 2025: € 3,095,301 ▲ 2% vs 2024 (€ 3,028,932) Favourable step	▲ 2%
Profit after taxes	€ 907,226 Profit after taxes 2022: € 907,226 First fiscal year in the series	€ 1,251,909 Profit after taxes 2023: € 1,251,909 ▲ 38% vs 2022 (€ 907,226) Favourable step	€ 1,145,080 Profit after taxes 2024: € 1,145,080 ▼ 9% vs 2023 (€ 1,251,909) Unfavourable step	€ 1,190,112 Profit after taxes 2025: € 1,190,112 ▲ 4% vs 2024 (€ 1,145,080) Favourable step	▲ 4%
Equity	€ 1,342,925 Equity 2022: € 1,342,925 First fiscal year in the series	€ 1,343,833 Equity 2023: € 1,343,833 Unchanged (€ 1,342,925) Favourable step	€ 1,388,914 Equity 2024: € 1,388,914 ▲ 3% vs 2023 (€ 1,343,833) Favourable step	€ 1,479,026 Equity 2025: € 1,479,026 ▲ 6% vs 2024 (€ 1,388,914) Favourable step	▲ 6%
Total debts	€ 2,096,957 Total debts 2022: € 2,096,957 First fiscal year in the series	€ 3,825,426 Total debts 2023: € 3,825,426 ▲ 82% vs 2022 (€ 2,096,957) Unfavourable step	€ 2,152,450 Total debts 2024: € 2,152,450 ▼ 44% vs 2023 (€ 3,825,426) Favourable step	€ 1,957,891 Total debts 2025: € 1,957,891 ▼ 9% vs 2024 (€ 2,152,450) Favourable step	▼ 9%
Cash	€ 202,473 Cash 2022: € 202,473 First fiscal year in the series	€ 1,067,774 Cash 2023: € 1,067,774 ▲ € 865,302 vs 2022 (€ 202,473) Favourable step	€ 104,969 Cash 2024: € 104,969 ▼ 90% vs 2023 (€ 1,067,774) Unfavourable step	€ 858,256 Cash 2025: € 858,256 ▲ € 753,287 vs 2024 (€ 104,969) Favourable step	▲ € 753,287
Land & buildings	€ 278,655 Land & buildings 2022: € 278,655 First fiscal year in the series	€ 289,515 Land & buildings 2023: € 289,515 ▲ 4% vs 2022 (€ 278,655) Unchanged	€ 287,379 Land & buildings 2024: € 287,379 ▼ 1% vs 2023 (€ 289,515) Unchanged	€ 284,861 Land & buildings 2025: € 284,861 ▼ 1% vs 2024 (€ 287,379) Unchanged	▼ 1%
Retained profit	€ 305,741 Retained profit 2022: € 305,741 First fiscal year in the series	€ 306,649 Retained profit 2023: € 306,649 Unchanged (€ 305,741) Favourable step	€ 351,730 Retained profit 2024: € 351,730 ▲ 15% vs 2023 (€ 306,649) Favourable step	€ 441,842 Retained profit 2025: € 441,842 ▲ 26% vs 2024 (€ 351,730) Favourable step	▲ 26%
Dividend	€ 900,000 Dividend 2022: € 900,000 First fiscal year in the series	€ 1,251,000 Dividend 2023: € 1,251,000 ▲ 39% vs 2022 (€ 900,000) Unchanged	€ 1,100,000 Dividend 2024: € 1,100,000 ▼ 12% vs 2023 (€ 1,251,000) Unchanged	€ 1,100,000 Dividend 2025: € 1,100,000 Unchanged (€ 1,100,000) Unchanged
Bank debt	€ 86,595 Bank debt 2022: € 86,595 First fiscal year in the series	€ 123,274 Bank debt 2023: € 123,274 ▲ 42% vs 2022 (€ 86,595) Unfavourable step	€ 210,707 Bank debt 2024: € 210,707 ▲ 71% vs 2023 (€ 123,274) Unfavourable step	€ 154,355 Bank debt 2025: € 154,355 ▼ 27% vs 2024 (€ 210,707) Favourable step	▼ 27%
Balance sheet total	€ 3,439,882 Balance sheet total 2022: € 3,439,882 First fiscal year in the series	€ 5,169,260 Balance sheet total 2023: € 5,169,260 ▲ 50% vs 2022 (€ 3,439,882) Unchanged	€ 3,541,364 Balance sheet total 2024: € 3,541,364 ▼ 31% vs 2023 (€ 5,169,260) Unchanged	€ 3,436,917 Balance sheet total 2025: € 3,436,917 ▼ 3% vs 2024 (€ 3,541,364) Unchanged	▼ 3%
Employees (FTE)	27 Employees (FTE) 2022: 27 First fiscal year in the series	26 Employees (FTE) 2023: 26 ▼ 1 vs 2022 (27) Unchanged	22.4 Employees (FTE) 2024: 22.4 ▼ 3.6 vs 2023 (26) Unchanged	21.2 Employees (FTE) 2025: 21.2 ▼ 1.2 vs 2024 (22.4) Unchanged	▼ 1.2

Key figures of HEVECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to HEVECO?

What happened at HEVECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 30, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▲ 4% vs 2024). filed late Source: NBB ↗
Jul 1, 1985 New establishment in Genk. KBO
Jun 3, 1985 Start of the company according to the CBE. KBO

In short

From € 907,226 profit in 2022 to € 1.2 million profit in 2025.

Paid € 1.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 1.3 million profit.

On average € 146,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

B-NO ENGINEERING 99.6%

The stake of B-NO ENGINEERING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HEVECO

Behind HEVECO are B-NO Engineering BV and Bart HUYGEN. The shares are held by B-NO ENGINEERING (99.6%).

Directors

According to the 2025 annual accounts

B-NO Engineering BV

Director · represented by Bart Nouwen

Bart HUYGEN

Director

Also active at: B-NO ENGINEERING

Shareholders

B-NO ENGINEERING

99.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Eikelaarstraat 19A

3600 Genk

2.102.516.174

Eikelaarstraat 19 A

3600 Genk

Active since 1 July 1985

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP heveco.be

Technologies

Apache

Hosting & Email

Email provider

Self-hosted

Hosting

LEASEWEB-NL-AMS-01 Netherlands, NL

Website info

HTTPS Nee

Features

Security

✗ HTTPS

✓ SPF

✗ DMARC

Network

✓ Load balancing

Details

Company number

0427.448.316

VAT number

BE 0427.448.316

Registered office

Eikelaarstraat 19A, 3600 Genk

Names & denominations

HEVECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

3 June 1985

Peppol

Active · Active since 6 May 2025

Contact

heveco.be

Activities · NACE

Vervaardiging van elektrische benodigdheden voor motoren en voertuigen

Elektrotechnische installatiewerken aan gebouwen

Vervaardiging van elektrische en elektronische benodigdheden voor motorvoertuigen

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

HEVECO

Warning lights

Financials

What happened to HEVECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions