ACTIVE

HECO

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Financial year 2025 · closed on 31/12/2025
Net result
-334,2 k €
-21.5% YoY
Gross margin
128,5 k €
-47.8% YoY
Equity
-856,7 k €
-64.0% YoY
Workforce
10,4 ETP
-6.3% YoY

What does HECO do?

HECO is a Private company with limited liability incorporated in 2009. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Lanaken. It employs on average 10,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0811.771.521
Incorporation
15/05/2009
Legal form
Private company with limited liability
Registered office
Maaseikersteenweg 231
3620 Lanaken · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Average workforce
10,4 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47114Retail sale in non-specialised stores with food, beverages or tobacco predominating47279Retail sale of food, beverages and tobacco in specialised stores47299Other retail sale of food in specialised stores
Joint committees (4)
  • 119
  • 201
  • 202
  • 20201
Signals
Healthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin128,5 k €246,3 k €241,9 k €503,8 k €755,8 k €961,6 k €760,3 k €785,8 k €753,9 k €790,8 k €774,1 k €–––
EBITDA-261,8 k €-205,1 k €-270,0 k €-20,8 k €268,0 k €512,3 k €311,5 k €318,8 k €258,0 k €314,1 k €223,0 k €-96,3 k €-31,5 k €-145,9 k €
Operating result-277,2 k €-228,6 k €-296,7 k €-46,1 k €245,0 k €490,4 k €244,5 k €245,3 k €184,0 k €235,4 k €149,2 k €-180,9 k €-114,1 k €-190,2 k €
Net result-334,2 k €-275,1 k €-327,4 k €-82,0 k €155,7 k €384,5 k €191,4 k €181,9 k €139,3 k €179,5 k €104,7 k €-240,5 k €-185,3 k €-234,2 k €
Balance sheet
Equity-856,7 k €-522,5 k €-247,4 k €80,0 k €162,0 k €206,3 k €-178,2 k €-369,5 k €-551,5 k €-690,8 k €-870,2 k €-974,9 k €-734,4 k €-549,1 k €
Total assets684,1 k €822,2 k €881,7 k €1,0 M €1,5 M €1,2 M €1,1 M €1,1 M €1,1 M €1,1 M €1,2 M €1,1 M €861,6 k €1,6 M €
Cash85,2 k €154,6 k €254,4 k €147,9 k €615,1 k €341,1 k €344,7 k €301,4 k €243,1 k €296,3 k €139,5 k €100,2 k €95,0 k €152,1 k €
Debts1,5 M €1,3 M €1,1 M €946,1 k €1,3 M €1,0 M €1,2 M €1,4 M €1,6 M €1,7 M €2,0 M €2,0 M €1,6 M €2,2 M €
Other
Workforce10,4 ETP11,1 ETP11,1 ETP11,4 ETP11,6 ETP11,2 ETP10,8 ETP11,7 ETP11,5 ETP11,7 ETP12,2 ETP15,7 ETP16,1 ETP18,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 17 ended

Active mandates

A.C. CONSULTING

Director · since 11 janvier 2016 · 0421.845.377

Represented by Nijs Herman

Active
WILVECO

Director · since 11 janvier 2016 · 0553.456.165

Represented by Collas Wilfried

Active

Ended mandates

WILVECO

Director · since 11 janvier 2019 · 0553.456.165

Represented by Wilfried Collas

Ended
WILVECO

Director · since 11 janvier 2016 · 0553.456.165

Represented by Wilfries Collas

Ended
Luc Nulens

Manager · since 15 mai 2009

Ended
NUBO GROEP

Manager · since 15 mai 2009 · 0899.883.450

Represented by Luc Nulens

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 date29/06/202623/07/202518/07/202403/07/202307/06/202206/07/2021
General meeting31/03/202627/06/202528/06/202430/06/202331/05/202225/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/03/202629/06/2026DutchPDF
Abridged model31/12/202427/06/202523/07/2025DutchPDF
Abridged model31/12/202328/06/202418/07/2024DutchPDF
Abridged model31/12/202230/06/202303/07/2023DutchPDF
Abridged model31/12/202131/05/202207/06/2022DutchPDF
Abridged model31/12/202025/06/202106/07/2021DutchPDF
Abridged model31/12/201926/06/202008/07/2020DutchPDF
Abridged model31/12/201828/06/201928/06/2019DutchPDF
Abridged model31/12/201729/06/201829/06/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201524/06/201631/08/2016DutchPDF
Full model31/12/201419/09/201519/10/2015DutchPDF
Full model31/12/201327/06/201424/07/2014DutchPDF
Full model31/12/201228/06/201331/08/2013DutchPDF
Abridged model31/12/201129/06/201217/07/2012DutchPDF
Abridged model31/12/201024/06/201125/07/2011DutchPDF
Estimate

Indicative valuation

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 · 2 active · 17 ended

Active mandates

A.C. CONSULTING

Director · since 11 janvier 2016 · 0421.845.377

Represented by Nijs Herman

Active
WILVECO

Director · since 11 janvier 2016 · 0553.456.165

Represented by Collas Wilfried

Active

Ended mandates

WILVECO

Director · since 11 janvier 2019 · 0553.456.165

Represented by Wilfried Collas

Ended
WILVECO

Director · since 11 janvier 2016 · 0553.456.165

Represented by Wilfries Collas

Ended
Luc Nulens

Manager · since 15 mai 2009

Ended
NUBO GROEP

Manager · since 15 mai 2009 · 0899.883.450

Represented by Luc Nulens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/01/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/05/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-334,2 k €↓
  2. 2024
    Annual accounts 2024-275,1 k €↑
  3. 2023
    Annual accounts 2023-327,4 k €↓
  4. 2022
    Annual accounts 2022-82,0 k €↓
  5. 2021
    Annual accounts 2021155,7 k €↓
  6. 2020
    Annual accounts 2020384,5 k €↑
  7. 2019
    Annual accounts 2019191,4 k €↑
  8. 2018
    Annual accounts 2018181,9 k €↑
  9. 2017
    Annual accounts 2017139,3 k €↓
  10. 2016
    Annual accounts 2016179,5 k €↑
  11. 2015
    Annual accounts 2015104,7 k €↑
  12. 2015
    Name changeHeco
  13. 2014
    Annual accounts 2014-240,5 k €↓
  14. 2013
    Annual accounts 2013-185,3 k €↑
  15. 2012
    Annual accounts 2012-234,2 k €
  16. 2010
    Name changeNUBO VOEDING SMEERMAAS
  17. 15/05/2009
    IncorporationPrivate company with limited liability