Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HEDACH from Büllingen, company number BE0460281331, closed financial year 2025 with a result of € 116,640 after tax. For that financial year HEDACH recorded a gross margin of € 522,298 and equity of € 525,439. Compared with financial year 2024, the result moved from € -78,086 to € 116,640. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 525,439
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,640
▲ still € 78,086 loss in 2024
Profit after tax over the fiscal year.
€ 7,442
▲ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 115,000 paid out
99 % of the profit went to the shareholders, mostly to KRÜGER GROUP (50 % of the shares). That is where the money ends up.
People and assets in 2025
3.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 254,369
▲ 16% vs 2024
€ 74,800 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.
€ 5,160
▼ 76% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 392,364
▼ 24% vs 2024
€ 125,093 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,832
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,531
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 547,288 | € 701,964 | € 322,896 | € 522,298 | ▲ 62% |
| Profit after taxes | € 283,473 | € 311,961 | € -78,086 | € 116,640 | ▲ € 194,726 |
| Equity | € 559,887 | € 615,181 | € 530,447 | € 525,439 | ▼ 1% |
| Total debts | € 986,030 | € 980,725 | € 717,501 | € 600,942 | ▼ 16% |
| Cash | € 139,872 | € 138,332 | € 4,609 | € 7,442 | ▲ 61% |
| Land & buildings | € 670,907 | € 592,784 | € 514,835 | € 451,880 | ▼ 12% |
| Retained profit | € 172,812 | € 234,772 | € 156,687 | € 158,327 | ▲ 1% |
| Dividend | € 0 | € 250,000 | € 0 | € 115,000 | |
| Bank debt | € 891,653 | € 630,491 | € 513,000 | € 392,364 | ▼ 24% |
| Balance sheet total | € 1,546,067 | € 1,596,036 | € 1,248,066 | € 1,126,485 | ▼ 10% |
| Employees (FTE) | 1.3 | 2.4 | 3.2 | 3.4 | ▲ 0.2 |
Key figures of HEDACH, 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 HEDACH?
What happened at HEDACH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KRÜGER GROUP GmbH stepped down as director. NBB
- Alfred HECK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 116,640. Source: NBB ↗
- KRÜGER GROUP GmbH became a director. NBB
- Alfred HECK became a director. NBB
- New establishment in Büllingen. KBO
- Start of the company according to the CBE. KBO
In short
From € 283,473 profit in 2022 to € 116,640 profit in 2025.
Paid € 15,910 in corporate taxes since 2022.
Best year ever: 2023, with € 311,961 profit.
On average € 153,600 of value added per employee in 2025.
Management
The stake of KRÜGER GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HEDACHThe shares are held by KRÜGER GROUP (50%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Alfred HECK
Managing director
since 2023 · until 2029
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Morsheck 8
4760 Büllingen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.281.331
- VAT number
- BE 0460.281.331
- Registered office
- Morsheck 8, 4760 Büllingen
- Names & denominations
- HEDACH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 1997
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van schrijn- en timmerwerk
Goederenvervoer over de weg
Groothandel in hout
Schrijnwerk
Schrijnwerk van hout of van kunststof