ACTIVE

HEINES BART

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 M €

+39.5% YoY

Gross margin

2,8 M €

+35.7% YoY

Equity

5,7 M €

+7.0% YoY

Workforce

10,6 ETP

+14.0% YoY

What does HEINES BART do?

HEINES BART is a Private limited company incorporated in 2003. Its main activity is: Legal activities. Its registered office is in Hasselt. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.913.897

Incorporation

07/10/2003

Legal form

Private limited company

Registered office

Grote Breemstraat 17A
3500 Hasselt · FlandreSee on map

Contributed capital

150 240,00 €

Latest accounts

31/12/2025

Average workforce

10,6 ETP

Activities (NACE)

69103Legal activities· main 69103Legal activities 74113Specialised design activities

Joint committees (2)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,8 M €	+35.7%	2 M €	+12.6%	1,8 M €	+27.1%	1,4 M €	+28.3%	1,1 M €	-17.1%	1,3 M €	-25.2%	1,8 M €	-4.6%	1,9 M €	+16.7%	1,6 M €	+46.5%	1,1 M €	-20.9%	1,4 M €	+4.6%	1,3 M €	-32.8%	2 M €	-6.8%	2,1 M €	+1.8%	2,1 M €	+10.7%	1,9 M €	+38.8%	1,3 M €	+6.7%	1,3 M €	+6.5%	1,2 M €	+13.5%	1 M €
EBITDA	2,1 M €	+44.3%	1,5 M €	+17.0%	1,3 M €	+29.7%	978,7 k €	+46.5%	667,9 k €	-27.8%	925,6 k €	-28.7%	1,3 M €	-7.5%	1,4 M €	+21.3%	1,2 M €	+78.3%	648,3 k €	-27.8%	897,7 k €	+11.5%	804,9 k €	-45.7%	1,5 M €	-9.7%	1,6 M €	+3.1%	1,6 M €	+8.7%	1,5 M €	+39.9%	1 M €	-0.5%	1,1 M €	+8.1%	971,8 k €	+12.4%	864,8 k €
Operating result	2,1 M €	+46.8%	1,4 M €	+18.3%	1,2 M €	+32.1%	900,1 k €	+48.5%	605,9 k €	-30.6%	873 k €	-28.7%	1,2 M €	-5.6%	1,3 M €	+26.4%	1 M €	+90.6%	539 k €	-32.8%	802,5 k €	+13.7%	705,8 k €	-45.3%	1,3 M €	-7.9%	1,4 M €	+5.2%	1,3 M €	+9.0%	1,2 M €	+50.2%	812,8 k €	+4.0%	781,7 k €	+8.6%	719,5 k €	+23.0%	584,9 k €
Net result	1,4 M €	+39.5%	1 M €	+30.1%	792,5 k €	+43.7%	551,4 k €	+35.1%	408 k €	-24.7%	541,7 k €	-30.1%	775,1 k €	-16.3%	925,7 k €	+30.5%	709,4 k €	+98.7%	356,9 k €	-1.0%	360,4 k €	-24.3%	476,1 k €	-48.6%	926,1 k €	+8.8%	851,2 k €	-23.6%	1,1 M €	+23.4%	903,1 k €	+60.3%	563,3 k €	+13.7%	495,3 k €	-21.1%	628 k €	+63.2%	384,8 k €
Balance sheet
Equity	5,7 M €	+7.0%	5,3 M €	+2.3%	5,2 M €	+18.1%	4,4 M €	+9.3%	4 M €	-20.6%	5 M €	+1.3%	5 M €	+16.4%	4,3 M €	+27.6%	3,4 M €	-54.9%	7,4 M €	-1.0%	7,5 M €	+5.0%	7,2 M €	+7.1%	6,7 M €	+14.9%	5,8 M €	+16.6%	5 M €	+26.6%	3,9 M €	+29.8%	3 M €	+23.9%	2,4 M €	+25.4%	2 M €	+47.4%	1,3 M €
Total assets	6,9 M €	+9.6%	6,3 M €	+2.8%	6,1 M €	+8.0%	5,6 M €	+10.5%	5,1 M €	-9.1%	5,6 M €	-0.7%	5,7 M €	+12.9%	5 M €	-39.8%	8,3 M €	+1.0%	8,2 M €	+2.3%	8 M €	+1.8%	7,9 M €	+2.9%	7,7 M €	+8.6%	7,1 M €	+20.3%	5,9 M €	+23.8%	4,7 M €	+30.3%	3,6 M €	+16.0%	3,1 M €	+20.0%	2,6 M €	+35.8%	1,9 M €
Cash	4,3 M €	+41.8%	3,1 M €	+21.3%	2,5 M €	-36.7%	4 M €	+20.3%	3,3 M €	-10.5%	3,7 M €	+0.4%	3,7 M €	+33.0%	2,8 M €	+99.6%	1,4 M €	+0.0%	1,4 M €	-26.8%	1,9 M €	+8.2%	1,8 M €	-9.3%	1,9 M €	-56.2%	4,4 M €	+2.9%	4,3 M €	+35.7%	3,2 M €	+48.4%	2,1 M €	+41.5%	1,5 M €	+61.9%	929,2 k €	+189%	321,3 k €
Debts	1,2 M €	+23.7%	969,9 k €	+4.9%	925 k €	-27.0%	1,3 M €	+14.9%	1,1 M €	+92.6%	572,5 k €	-14.9%	673 k €	-7.2%	725,3 k €	-85.4%	5 M €	+529%	787,3 k €	+50.4%	523,5 k €	-30.0%	747,4 k €	-24.7%	992,9 k €	-20.8%	1,3 M €	+40.8%	890,6 k €	+10.0%	809,7 k €	+33.0%	608,6 k €	-12.0%	691,8 k €	+4.4%	662,8 k €	+10.1%	601,8 k €
Other
Workforce	10,6 ETP	+14.0%	9,3 ETP	+1.1%	9,2 ETP	+1.1%	9,1 ETP	-3.2%	9,4 ETP	-9.6%	10,4 ETP	+5.1%	9,9 ETP	+4.2%	9,5 ETP	-7.8%	10,3 ETP	-3.7%	10,7 ETP	+13.8%	9,4 ETP	-13.0%	10,8 ETP	+13.7%	9,5 ETP	+5.6%	9,0 ETP	-8.2%	9,8 ETP	+8.9%	9,0 ETP	+52.5%	5,9 ETP	+31.1%	4,5 ETP	-25.0%	6,0 ETP	+62.2%	3,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bart Heines

Director

Active

Ended mandates

Bart Heines

Manager

Ended

Bart Jozef Albert Heines

Manager

Ended

BART JOZEF HEINES

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EXACT EENHEID● Active	0672.987.186

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2026	09/07/2025	11/07/2024	31/08/2023	11/07/2022	16/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	10/06/2023	30/06/2022	10/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/06/2026	18/08/2026	Dutch	PDF
Abridged model	31/12/2024	28/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	10/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	16/07/2021	Dutch	PDF
Abridged model	31/12/2019	10/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	10/06/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	10/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	10/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 · 3 ended

Active mandates

Bart Heines

Director

Active

Ended mandates

Bart Heines

Manager

Ended

Bart Jozef Albert Heines

Manager

Ended

BART JOZEF HEINES

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/12/2017
KAPITAAL - AANDELEN
PDF
Registered office14/11/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares26/11/2013
KAPITAAL - AANDELEN
PDF
Capital / shares25/10/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares11/05/2004
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other16/01/2004
DIVERSEN
PDF
Other14/10/2003
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

2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 20241 M €↑
2023
Annual accounts 2023792,5 k €↑
2022
Annual accounts 2022551,4 k €↑
2021
Annual accounts 2021408 k €↓
2020
Annual accounts 2020541,7 k €↓
2019
Annual accounts 2019775,1 k €↓
2018
Annual accounts 2018925,7 k €↑
2017
Annual accounts 2017709,4 k €↑
2016
Annual accounts 2016356,9 k €↓
2015
Annual accounts 2015360,4 k €↓
2014
Annual accounts 2014476,1 k €↓
2013
Annual accounts 2013926,1 k €↑
2012
Annual accounts 2012851,2 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010903,1 k €↑
2009
Annual accounts 2009563,3 k €↑
2008
Annual accounts 2008495,3 k €↓
2007
Annual accounts 2007628 k €↑
2006
Annual accounts 2006384,8 k €
07/10/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HEINES BART

Overview

What does HEINES BART do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline