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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HECO from Lanaken, company number BE0811771521, closed financial year 2025 with a result of € -334,190 after tax. For that financial year HECO recorded a gross margin of € 128,483 and equity of € -856,672. Compared with financial year 2024, the result moved from € -275,075 to € -334,190. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -856,672
▼ € 334,190 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -334,190
▼ 21 % more loss than in 2024
Profit after tax over the fiscal year.
€ 85,227
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -876,672.
People and assets in 2025
10.4
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 371,241
▼ 14% vs 2024
€ 35,700 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.
€ 664
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 843,555
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,356
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 503,847 | € 241,925 | € 246,294 | € 128,483 | ▼ 48% |
| Profit after taxes | € -82,031 | € -327,379 | € -275,075 | € -334,190 | ▼ € 59,116 |
| Equity | € 79,971 | € -247,408 | € -522,482 | € -856,672 | ▼ € 334,190 |
| Total debts | € 959,564 | € 1,129,120 | € 1,344,653 | € 1,540,774 | ▲ 15% |
| Cash | € 147,892 | € 254,443 | € 154,649 | € 85,227 | ▼ 45% |
| Land & buildings | € 832 | € 647 | € 462 | € 276 | ▼ 40% |
| Retained profit | € 59,971 | € -267,408 | € -542,482 | € -876,672 | ▼ € 334,190 |
| Balance sheet total | € 1,039,535 | € 881,712 | € 822,171 | € 684,102 | ▼ 17% |
| Employees (FTE) | 11.4 | 11.1 | 11.1 | 10.4 | ▼ 0.7 |
Key figures of HECO, 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 HECO?
What happened at HECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 334,190. Source: NBB ↗
- A.C. Consulting NV became a director. NBB
- Wilveco BV became a director. NBB
- New establishment in Lanaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 82,031 loss in 2022 to € 334,190 loss in 2025.
Paid € 3,079 in corporate taxes since 2022.
On average € 12,400 of value added per employee in 2025.
Management
The stake of WILVECO, A.C. CONSULTING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HECOBehind HECO are A.C. Consulting NV and Wilveco BV. The shares are held by WILVECO (50%) and A.C. CONSULTING (50%).
Directors
According to the 2025 annual accounts
Director · represented by Nijs Herman
Also active at: Shopping Lanaken, UNIC TESSO, HEMANI, NIMA, JBL, KERIM, GLOBE RETAIL, BODEKO +3 more
since 2016
Director · represented by Collas Wilfried
Also active at: Shopping Lanaken, UNIC TESSO, NIMA, GLOBE RETAIL, BODEKO, LUBERCO, CONI
since 2016
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maaseikersteenweg 231
3620 Lanaken
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.771.521
- VAT number
- BE 0811.771.521
- Registered office
- Maaseikersteenweg 231, 3620 Lanaken
- Names & denominations
- HECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Overige detailhandel in voedingsmiddelen, neg
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.