Hecs Development OÜ

Registry code 16827244 · Active (R Registrisse kantud)

Hecs Development OÜ is an osaühing registered in Rae vald, Estonia, incorporated on 26 Sep 2023. Its registered activity is vesiehitus. Its latest published accounts for the period ending 31 Dec 2025 show equity of €62k, total assets of €124k, turnover of €0, a result of −€8,471. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 0.51 % probability that it becomes insolvent within 12 months, 11.8 times the average for active companies (very high risk).

Insolvency risk, next 12 months

0.51 %
Very high risk
Lowest riskHighest risk

Higher than 97 % of active companies in Estonia. 11.8× the average annual insolvency rate (0.04 %).

Raises the risk

Industry4.3×42 · 0.18 % became insolvent
Current liabilities ÷ assets3.4×0.457461–0.881637 · 0.15 % became insolvent
Accounts type3.2×small · 0.14 % became insolvent
Total assets (log)2.5×4.98561–5.65704 · 0.11 % became insolvent
Equity (signed log)2.2×4.77424–5.46198 · 0.09 % became insolvent
Current ratio2.0×1.11575–2.76653 · 0.09 % became insolvent

Lowers the risk

Turnover (log)0.3×0–3.00043 · 0.01 % became insolvent
Employees0.4×0–1 · 0.02 % became insolvent
Days since last period end0.7×260–365 · 0.03 % became insolvent
Accounts overdue0.8×0 · 0.03 % became insolvent
Equity ratio0.9×0.449429–0.865495 · 0.04 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.96, trained 6 Nov 2026), not a credit rating. How it works.

Company details

Registry code
16827244 · official register
Status
R Registrisse kantud
Legal form
Osaühing
Incorporated
26 Sep 2023 (3 years)
Registered address
75312 Rae vald
County
Harju County
Activity
42911 Vesiehitus
Industry
Civil engineering
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts EUR

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202530 Jun 2026€0 −€8,471€62k€124k €62k€31k0
31 Dec 202418 Jul 2025€0 €0€300€300 –€3000

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Harju County

Questions about Hecs Development OÜ

What is the registry code of Hecs Development OÜ?

Hecs Development OÜ is registered under registry code 16827244 in the official register of Estonia. View it at the official register.

Is Hecs Development OÜ still active?

Yes. Hecs Development OÜ is registered as active (status: R Registrisse kantud).

Has Hecs Development OÜ gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for Hecs Development OÜ in the official data.

How likely is Hecs Development OÜ to become insolvent?

Our model estimates a 0.51 % probability that Hecs Development OÜ becomes insolvent within the next 12 months (very high risk). That is higher than 97 % of active companies in Estonia.

When was Hecs Development OÜ founded?

Hecs Development OÜ was incorporated on 26 Sep 2023.

Where is Hecs Development OÜ registered?

Hecs Development OÜ's registered address is in 75312 Rae vald (Harju County), Estonia.

What do the latest accounts of Hecs Development OÜ show?

The latest published accounts (period ending 31 Dec 2025) show equity of €62k, total assets of €124k, turnover of €0, a result of −€8,471, 0 employees.

Data: e-Business Register (Centre of Registers and Information Systems, RIK) – open data (CC BY 4.0). Last updated 6 Nov 2026.