Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CHARLES HAERENS from Gent, company number BE0400089465, closed financial year 2025 with a result of € 186,077 after tax. For that financial year CHARLES HAERENS recorded a gross margin of € 953,993 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 425,554 to € 186,077. The company is profitable. 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 6, 2026.
€ 1.2 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 186,077
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 8,043
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
8.8
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 602,966
▲ 38% vs 2024
€ 68,500 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.
€ 117,406
▼ 24% vs 2024
Of which on lease € 117,406.
Debts at end 2025
€ 23,948
▼ 48% vs 2024
€ 8,061 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 488,227
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 71,457
▼ 64% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,592,254 | € 1,888,203 | € 1,153,659 | € 953,993 | ▼ 17% |
| Profit after taxes | € 872,222 | € 1,070,181 | € 425,554 | € 186,077 | ▼ 56% |
| Equity | € 871,514 | € 1,041,696 | € 1,042,250 | € 1,228,327 | ▲ 18% |
| Total debts | € 2,164,340 | € 2,226,021 | € 1,049,582 | € 842,283 | ▼ 20% |
| Cash | € 26,759 | € 42,664 | € 4,941 | € 8,043 | ▲ 63% |
| Land & buildings | € 30,332 | € 30,332 | € 30,332 | € 30,332 | |
| Retained profit | € 809,514 | € 979,696 | € 980,250 | € 1,166,327 | ▲ 19% |
| Dividend | € 1,000,000 | € 900,000 | € 425,000 | € 0 | ▼ 100% |
| Bank debt | € 127,485 | € 110,133 | € 45,694 | € 23,948 | ▼ 48% |
| Balance sheet total | € 3,035,855 | € 3,267,717 | € 2,091,833 | € 2,070,610 | ▼ 1% |
| Employees (FTE) | 4.6 | 4.8 | 7 | 8.8 | ▲ 1.8 |
Key figures of CHARLES HAERENS, fiscal years 2022 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 CHARLES HAERENS?
What happened at CHARLES HAERENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Haerens Group BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 186,077 (▼ 56% vs 2024). Source: NBB ↗
- Haerens Group BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Evergem. KBO
In short
From € 872,222 profit in 2022 to € 186,077 profit in 2025.
Paid € 870,664 in corporate taxes since 2022.
Best year ever: 2023, with € 1.1 million profit.
On average € 108,400 of value added per employee in 2025.
Management
The stake of HAERENS GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CHARLES HAERENSThe shares are held by HAERENS GROUP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Steven De Tollenaere
Also active at: Meyvaert, Eribel, GMC Meyvaert, ERIBEL SOLID, Eribel Project
since 2023 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zeilschipstraat 9
9000 Gent
Baron Van Loolaan 10
9940 Evergem
Active since 1 April 1955
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Meyvaert same network
€ 22 million revenue · 2025
HAERENS GLASS
€ 3.1 million revenue · 2025
HAERENS GROUP same network
€ 115,000 revenue · 2025
Immo Wondelgemse Meersen
€ 40,255 gross margin · 2025
ERIBEL SOLID same network
€ 769,238 gross margin · 2023
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
OVH DNS
Domain
Domain
haerens.com
Registered
2000-10-30
Registrar
OVH, SAS
Expires
2026-10-30
Website info
Features
Security
Network
Details
- Company number
- 0400.089.465
- VAT number
- BE 0400.089.465
- Registered office
- Zeilschipstraat 9, 9000 Gent
- Names & denominations
- CHARLES HAERENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1959
- Peppol
- Active · Active since 8 Jul 2025
- Contact
- haerens.com
- Activities · NACE
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Vormen en bewerken van vlakglas
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Houwen, bewerken en afwerken van natuursteen
Groothandel in vlakglas
Groothandel in overige bouwmaterialen