Financials
Financial year 2025
HERTECANT HOUT from Dendermonde, company number BE0400011469, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year HERTECANT HOUT recorded revenue of € 15.9 million and equity of € 14.9 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 14.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 1.5 million
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 410,000 paid out
32 % of the profit went to the shareholders, mostly to LUSABO (100 % of the shares). That is where the money ends up.
People and assets in 2025
15.1
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 1% vs 2024
€ 70,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 177,424
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 521,888
▼ 28% vs 2024
€ 201,292 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 903,580
▲ 130% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 299,740
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 20,355,025 | € 20,065,277 | € 15,652,128 | € 15,872,160 | ▲ 1% |
| Profit after taxes | € 2,406,481 | € 2,008,664 | € 1,073,097 | € 1,294,358 | ▲ 21% |
| Equity | € 10,507,887 | € 12,516,551 | € 14,009,482 | € 14,893,841 | ▲ 6% |
| Total debts | € 3,791,473 | € 2,854,256 | € 3,011,496 | € 3,596,065 | ▲ 19% |
| Cash | € 1,131,515 | € 1,663,783 | € 3,916,691 | € 1,484,946 | ▼ 62% |
| Land & buildings | € 6,567,751 | € 6,166,860 | € 6,657,956 | € 6,288,548 | ▼ 6% |
| Retained profit | € 5,441,098 | € 7,556,162 | € 4,701,645 | € 5,692,403 | ▲ 21% |
| Dividend | € 1,200,000 | € 0 | € 1,812,800 | € 410,000 | ▼ 77% |
| Bank debt | € 1,511,677 | € 1,239,024 | € 722,264 | € 521,888 | ▼ 28% |
| Balance sheet total | € 14,299,361 | € 15,370,807 | € 17,020,978 | € 18,489,905 | ▲ 9% |
| Employees (FTE) | 16.6 | 17 | 15 | 15.1 | ▲ 0.1 |
Key figures of HERTECANT HOUT, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HERTECANT HOUT?
What happened at HERTECANT HOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PAUL HERTECANT stepped down as director. NBB
- VEERLE VAN DE GUCHTE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ 21% vs 2024). Source: NBB ↗
- PAUL HERTECANT became a director. NBB
- VEERLE VAN DE GUCHTE became a director. NBB
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.4 million profit in 2021 to € 1.3 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2021.
Best year ever: 2021, with € 2.4 million profit.
Paid out € 3.4 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
VEERLE VAN DE GUCHTE
Director
since 2022 · until 2028
PAUL HERTECANT
Director
since 2023 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Eegene 19
9200 Dendermonde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.011.469
- VAT number
- BE 0400.011.469
- Registered office
- Eegene 19, 9200 Dendermonde
- Names & denominations
- HERTECANT HOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in hout
Zagen en schaven van hout
Detailhandel in parket-, laminaat- en kurkvloeren