Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HE-Construct from Tessenderlo-Ham, company number BE0464256054, closed financial year 2025 with a result of € -28,095 after tax. For that financial year HE-Construct recorded a gross margin of € 18,827 and equity of € 199,791. Compared with financial year 2024, the result moved from € -7,416 to € -28,095. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2025.
€ 199,791
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,095
▼ 279 % more loss than in 2024
Profit after tax over the fiscal year.
€ 77,256
▲ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 137,791.
People and assets in 2025
€ 28,126
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 330,241
▲ 150% vs 2024
€ 12,090 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 13,986
▲ € 11,606 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 21,265 | € -31,873 | € 30,889 | € 18,827 | ▼ 39% |
| Profit after taxes | € -16,071 | € -64,039 | € -7,416 | € -28,095 | ▼ € 20,679 |
| Equity | € 299,340 | € 235,302 | € 227,886 | € 199,791 | ▼ 12% |
| Total debts | € 697,379 | € 824,946 | € 855,756 | € 1,077,252 | ▲ 26% |
| Cash | € 17,676 | € 10,190 | € 38,802 | € 77,256 | ▲ 99% |
| Land & buildings | € 171,616 | € 162,616 | € 673,347 | € 651,096 | ▼ 3% |
| Retained profit | € 237,340 | € 173,302 | € 165,886 | € 137,791 | ▼ 17% |
| Bank debt | € 19,993 | € 124,900 | € 131,990 | € 330,241 | ▲ 150% |
| Balance sheet total | € 996,719 | € 1,060,248 | € 1,083,641 | € 1,277,043 | ▲ 18% |
Key figures of HE-Construct, 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 October 2026.
What happened to HE-Construct?
What happened at HE-Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,095. Source: NBB ↗
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,071 loss in 2022 to € 28,095 loss in 2025.
Paid € 6 in corporate taxes since 2022.
Management
Behind HE-Construct is Nick Engelen.
Directors
According to the 2025 annual accounts
Nick Engelen
Director
Establishments
Establishment units
Physical locations of this company
Baal 109
3980 Tessenderlo-Ham
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.256.054
- VAT number
- BE 0464.256.054
- Registered office
- Baal 109, 3980 Tessenderlo-Ham
- Names & denominations
- HE-Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1998
- Peppol
- Active · Active since 14 Sept 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)