ACTIVE

HECOREST

Financial year 2025 · closed on 31/12/2025
Net result
-11,5 k €
-506.6% YoY
Gross margin
-11,3 k €
-544.3% YoY
Equity
229,8 k €
-4.8% YoY

What does HECOREST do?

HECOREST is a Private company with limited liability incorporated in 2001. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Nazareth-De Pinte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0474.004.455
Incorporation
02/02/2001
Legal form
Private company with limited liability
Registered office
Sterrenbosstraat 49
9810 Nazareth-De Pinte · FlandreSee on map
Contributed capital
31 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 302
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-11,3 k €-1,8 k €5,1 k €-758,7 €-753 €-971,5 €2,3 k €2 k €542,3 k €615,3 k €582,7 k €633,8 k €609,8 k €601,4 k €550,5 k €562,5 k €525,9 k €481,1 k €556,5 k €527,6 k €
EBITDA-11,9 k €-2,3 k €3,9 k €-880,5 €-1,4 k €-1,6 k €2,2 k €3,3 k €64,8 k €92,1 k €80,1 k €89,5 k €96,1 k €60,7 k €45,6 k €63,3 k €41,1 k €22 k €109 k €100,4 k €
Operating result-11,9 k €-2,3 k €3,9 k €-880,5 €-1,4 k €-1,6 k €2,2 k €3,3 k €54,5 k €79,9 k €67,3 k €76,5 k €79,2 k €52,2 k €39,4 k €55 k €33,2 k €15 k €105,4 k €96,8 k €
Net result-11,5 k €-1,9 k €3,9 k €-987,7 €-1,5 k €-1,7 k €1,8 k €103,3 €29,7 k €43,1 k €28 k €34,4 k €63,9 k €31,4 k €26,7 k €34,1 k €26,8 k €18 k €75 k €72,9 k €
Balance sheet
Equity229,8 k €241,3 k €243,2 k €239,3 k €240,3 k €241,8 k €243,5 k €241,7 k €241,6 k €211,8 k €168,7 k €140,7 k €106,3 k €92,4 k €61 k €164,2 k €165,4 k €138,6 k €120,6 k €155,6 k €
Total assets230,2 k €241,3 k €243,2 k €239,3 k €240,3 k €242,2 k €245 k €296,6 k €374 k €519,9 k €459,7 k €519,3 k €520,2 k €504,2 k €426,7 k €457,9 k €412,2 k €420,5 k €468,9 k €374,8 k €
Cash228,7 k €241,1 k €237,3 k €238,3 k €239,5 k €238 k €244,3 k €283,6 k €340,9 k €438,5 k €400,6 k €464,1 k €438,2 k €459,7 k €389,8 k €394,8 k €357,3 k €370,6 k €394,4 k €145,4 k €
Debts415,9 €30,4 €367,3 €1,5 k €54,9 k €81,5 k €257,1 k €232,9 k €312,2 k €359,6 k €369,5 k €335,4 k €293,6 k €246,8 k €281,8 k €348,3 k €219,3 k €
Other
Workforce13,6 ETP14,7 ETP13,8 ETP14,7 ETP16,0 ETP16,4 ETP15,0 ETP15,8 ETP15,6 ETP17,2 ETP15,3 ETP15,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

BART HEYSE

Director · since 31 janvier 2001

Active

Ended mandates

BART HEYSE

Manager · since 31 janvier 2001

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/07/202623/07/202528/08/202424/08/202325/08/202201/07/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202623/07/2026DutchPDF
Abridged model31/12/202410/06/202523/07/2025DutchPDF
Abridged model31/12/202311/06/202428/08/2024DutchPDF
Abridged model31/12/202213/06/202324/08/2023DutchPDF
Abridged model31/12/202114/06/202225/08/2022DutchPDF
Abridged model31/12/202008/06/202101/07/2021DutchPDF
Abridged model31/12/201909/06/202013/08/2020DutchPDF
Abridged model31/12/201811/06/201923/08/2019DutchPDF
Abridged model31/12/201712/06/201813/08/2018DutchPDF
Abridged model31/12/201613/06/201729/08/2017DutchPDF
Abridged model31/12/201514/06/201614/11/2016DutchPDF
Abridged model31/12/201409/06/201513/08/2015DutchPDF
Abridged model31/12/201310/06/201418/07/2014DutchPDF
Abridged model31/12/201211/06/201330/08/2013DutchPDF
Abridged model31/12/201112/06/201217/07/2012DutchPDF
Abridged model31/12/201014/06/201119/07/2011DutchPDF
Abridged model31/12/200908/06/201024/08/2010DutchPDF
Abridged model31/12/200809/06/200927/08/2009DutchPDF
Abridged model31/12/200710/06/200823/06/2008DutchPDF
Abridged model31/12/200612/06/200727/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

BART HEYSE

Director · since 31 janvier 2001

Active

Ended mandates

BART HEYSE

Manager · since 31 janvier 2001

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/02/2004
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-11,5 k €
  2. 2024
    Annual accounts 2024-1,9 k €
  3. 2023
    Annual accounts 20233,9 k €
  4. 2022
    Annual accounts 2022-987,7 €
  5. 2021
    Annual accounts 2021-1,5 k €
  6. 2020
    Annual accounts 2020-1,7 k €
  7. 2019
    Annual accounts 20191,8 k €
  8. 2018
    Annual accounts 2018103,3 €
  9. 2017
    Annual accounts 201729,7 k €
  10. 2016
    Annual accounts 201643,1 k €
  11. 2015
    Annual accounts 201528 k €
  12. 2014
    Annual accounts 201434,4 k €
  13. 2013
    Annual accounts 201363,9 k €
  14. 2012
    Annual accounts 201231,4 k €
  15. 2011
    Annual accounts 201126,7 k €
  16. 2010
    Annual accounts 201034,1 k €
  17. 2009
    Annual accounts 200926,8 k €
  18. 2008
    Annual accounts 200818 k €
  19. 2007
    Annual accounts 200775 k €
  20. 2006
    Annual accounts 200672,9 k €
  21. 02/02/2001
    IncorporationPrivate company with limited liability