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 3 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HEKATHO from Ninove, company number BE0538878352, closed financial year 2025 with a result of € 12,013 after tax. For that financial year HEKATHO recorded a gross margin of € 29,947 and equity of € 14,287. Compared with financial year 2024, the result moved from € 12,991 to € 12,013. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.
€ 14,287
▲ € 12,013 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,013
▼ 8% vs 2024
Profit after tax over the fiscal year.
€ 3,814
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -60,713.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 370
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,132 | € 22,060 | € 29,441 | € 29,947 | ▲ 2% |
| Profit after taxes | € 16,288 | € 6,775 | € 12,991 | € 12,013 | ▼ 8% |
| Equity | € -17,491 | € -10,717 | € 2,275 | € 14,287 | ▲ € 12,013 |
| Total debts | € 600,023 | € 584,548 | € 565,552 | € 543,356 | ▼ 4% |
| Cash | € 16,505 | € 15,893 | € 17,976 | € 3,814 | ▼ 79% |
| Land & buildings | € 301,027 | € 292,938 | € 284,850 | € 276,761 | ▼ 3% |
| Retained profit | € -92,491 | € -85,717 | € -72,725 | € -60,713 | ▲ € 12,013 |
| Balance sheet total | € 582,532 | € 573,831 | € 567,826 | € 557,643 | ▼ 2% |
Key figures of HEKATHO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HEKATHO?
What happened at HEKATHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,013 (▼ 8% vs 2024). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ninove. KBO
- KATRIEN DONCKERWOLCKE became a director. NBB
In short
From € 16,288 profit in 2022 to € 12,013 profit in 2025.
Best year ever: 2022, with € 16,288 profit.
Management
Behind HEKATHO is KATRIEN DONCKERWOLCKE. KATRIEN DONCKERWOLCKE is also behind DONCKERWOLCKE, CONSORTIUM VOOR INVESTERING EN BEHEER VAN ONROERENDE GOEDEREN and Kinderdagverblijf De Hartjes.
Directors
According to the 2025 annual accounts
KATRIEN DONCKERWOLCKE
Director
Also active at: DONCKERWOLCKE, CONSORTIUM VOOR INVESTERING EN BEHEER VAN ONROERENDE GOEDEREN, Kinderdagverblijf De Hartjes
since 2013
Establishments
Establishment units
Physical locations of this company
Aalstersesteenweg 435
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.878.352
- VAT number
- BE 0538.878.352
- Registered office
- Aalstersesteenweg 435, 9400 Ninove
- Names & denominations
- HEKATHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2013
- Peppol
- Not registered