HEAVY HANDLING
ActiveHEAVY HANDLING has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.71M and a net result of €1.72M. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76=
Solvency100▲+2
Growth73▼-2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1M at 30 days acceptable
Liquidity ample (current ratio 4.79 against 3.44 in 2024; short-term debt: 15.8% and cash: 7.9% of total assets), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.2%
Return on assets
11.3%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
41 d early
2023
36 d early
2022
38 d early
2020
30 d early
2019
31 d early
2018
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€33.83M▲ 2.3%
2024 · €33.08M
2018: €19.52M
2019: €25.67M
2020: €26.45M
2022: €24.69M
2023: €25.76M
2024: €33.08M
2018 → 2025
EBIT margin
7.1%▼ 1.4pp
2024 · 8.5%
2018: 7.3%
2019: 7.5%
2020: 4.8%
2022: 4.8%
2023: 9.3%
2024: 8.5%
2018 → 2025
Net result
€1.72M▼ 13.8%
2024 · €2.00M
2018: €948k
2019: €1.32M
2020: €905k
2022: €898k
2023: €1.84M
2024: €2.00M
2018 → 2025
Working capital
€9.14M▼ 1.7%
2024 · €9.30M
2018: €3.59M
2019: €4.20M
2020: €4.84M
2022: €5.70M
2023: €7.25M
2024: €9.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€26.45M-€24.69M▼ 6.7%€25.76M▲ 4.4%€33.08M▲ 28.4%€33.83M▲ 2.3%
Equity€6.51M-€7.41M▲ 13.8%€8.99M▲ 21.4%€10.99M▲ 22.2%€12.71M▲ 15.7%
Operating result€1.27M-€1.19M▼ 6.1%€2.40M▲ 102%€2.81M▲ 16.9%€2.39M▼ 15.0%
Net result€905k-€898k▼ 0.7%€1.84M▲ 104%€2.00M▲ 8.8%€1.72M▼ 13.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.28M
Fixed assets
€3.73M▲ 87.8%
Current assets
€11.55M▼ 11.9%
Equity and liabilities €15.28M
Equity
€12.71M▲ 15.7%
Debt
€2.57M▼ 37.4%
The debt ratio falls from 27.2% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.53M▲
2024 · €3.12M
Cash flow
€2.86M▲
2024 · €2.30M
Solvency
83.2%▲
2024 · 72.8%
Current ratio
4.79▲
2024 · 3.44
Quick ratio
1.69▲
2024 · 0.97
Debt / equity
0.20▼
2024 · 0.37
ROE
13.6%▼
2024 · 18.2%
ROA
11.3%▼
2024 · 13.2%
Interest coverage
600.31▲
2024 · 204.04
Debt
€2.57M▼
2024 · €4.10M
Debt ≤ 1 year
€2.41M▼
2024 · €3.81M
Debt > 1 year
€128k▼
2024 · €298k
Income taxes
€618k▼
2024 · €727k
Staff costs
€1.56M▲
2024 · €1.46M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15.09M€15.28M▲
Fixed assets21/28€1.99M€3.73M▲
Tangible fixed assets22/27€1.98M€3.72M▲
Land and buildings22€1.80M€1.72M▼
Plant, machinery and equipment23€45k€98k▲
Furniture and vehicles24€139k€1.90M▲
Financial fixed assets28€3k€2k▼
Other financial fixed assets284/8€3k€2k▼
Amounts receivable and cash guarantees285/8€3k€2k▼
Current assets29/58€13.11M€11.55M▼
Stocks and contracts in progress3€9.42M€7.47M▼
Stocks30/36€9.42M€7.47M▼
Goods purchased for resale34€9.42M€7.47M▼
Amounts receivable within one year40/41€2.25M€2.87M▲
Trade receivables40€2.18M€2.50M▲
Other amounts receivable41€66k€377k▲
Cash at bank and in hand54/58€1.44M€1.20M▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€15.09M€15.28M▲
Equity10/15€10.99M€12.71M▲
Contributions10/11€200k€200k=
Reserves13€444k€444k=
Distributable reserves133€444k€444k=
Profit (loss) carried forward14€10.35M€12.07M▲
Amounts payable17/49€4.10M€2.57M▼
Amounts payable after more than one year17€298k€128k▼
Financial debts170/4€298k€128k▼
Credit institutions173€298k€128k▼
Amounts payable within one year42/48€3.81M€2.41M▼
Current portion of amounts payable after more than one year42€177k€170k▼
Trade debts44€749k€1.71M▲
Suppliers440/4€749k€1.71M▲
Advances received on contracts in progress46€615k€136k▼
Taxes, remuneration and social security45€212k€345k▲
Taxes450/3€39k€127k▲
Remuneration and social security454/9€173k€218k▲
Other amounts payable47/48€2.05M€53k▼
Accrued charges and deferred income492/3-€27k
Income statement
Code20242025
Operating income70/76A€33.11M€36.50M▲
Turnover70€33.08M€33.83M▲
Own construction capitalised72-€2.62M
Other operating income74€25k€22k▼
Non-recurring operating income76A-€21k
Operating charges60/66A€30.30M€34.11M▲
Goods for resale, raw materials and consumables60€26.53M€28.91M▲
Purchases600/8€31.53M€26.97M▼
Change in stocks: decrease (increase)609€-5.00M€1.95M▲
Services and other goods61€1.97M€2.49M▲
Remuneration, social security and pensions62€1.46M€1.56M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€306k€1.14M▲
Other operating charges640/8€26k€11k▼
Non-recurring operating charges66A€134-
Operating profit (loss)9901€2.81M€2.39M▼
Financial income75/76B€2k€9k▲
Recurring financial income75€2k€290▼
Other financial income752/9€2k€290▼
Non-recurring financial income76B-€9k
Financial charges65/66B€86k€58k▼
Recurring financial charges65€86k€58k▼
Debt charges650€15k€6k▼
Other financial charges652/9€71k€52k▼
Profit (loss) for the period before taxes9903€2.73M€2.34M▼
Income taxes67/77€727k€618k▼
Taxes670/3€727k€618k▼
Profit (loss) for the period9904€2.00M€1.72M▼
Profit (loss) for the period to be appropriated9905€2.00M€1.72M▼
Appropriation of the result
Profit (loss) to be appropriated9906€10.35M€12.07M▲
Profit (loss) brought forward from the previous period14P€8.35M€10.35M▲
Social balance
Average headcount (FTE)908712.012.0=
The notes to these accounts (57 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
20-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2018net €2.00M ▲8.8%
Operating result €2.81M, net result €2.00M, both a record.
31-03
Financial
Equity above €10MEq €10.99M ▲22.2%
6 profitable years in a row build equity to €10.99M.
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Weakest financial yearnet €898k ▼0.7%
Net result drops to €898k, the lowest in the series; recovery starts the following year.
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €5MEq €5.60M ▲18.4%
2 profitable years in a row build equity to €5.60M.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenlandlaan(KAL) 11129130 Beveren-Kruibeke-ZwijndrechtGround area
2.4 ha
Building footprint
2,365 m²
Volume, LiDAR
25 m³
2 parcels, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
HEAVY HANDLING
since 20142.230.365.738
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010E0601/00E000 | Flanders | 1.2 ha | 1 · 2,365 m² | 2.2 m |
| 46010D0297/02K000indicative | Flanders | 1.2 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,677 EUR awarded · 7,677 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 414 EUR | 414 EUR |
| 2024 | 1 | 1,425 EUR | 1,425 EUR |
| 2023 | 1 | 2,543 EUR | 2,543 EUR |
| 2022 | 1 | 3,295 EUR | 3,295 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 151 companies in sector 46644 we hold annual accounts for 114. 39 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2010
Fiscal year end31-03
Activities, NACEBEL
46644Wholesale trade
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
46610Wholesale trade
46630Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.