Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Ateliers V.H.B. from Merelbeke, company number BE0400122327, closed financial year 2024 with a result of € 394,986 after tax. For that financial year Ateliers V.H.B. recorded a gross margin of € 1 million and equity of € 5.6 million. Compared with financial year 2023, the result moved from € 279,312 to € 394,986. 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 December 5, 2025.
€ 5.6 million
▲ 8% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 394,986
▲ 41% vs 2023
Profit after tax over the fiscal year.
€ 72,586
▼ 26% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.2 million.
People and assets in 2024
3.5
▲ 1.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 162,833
▲ 5% vs 2023
€ 46,500 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.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 358,804
▼ 50% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 136,931
▲ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 574,474 | € 509,806 | € 565,972 | € 1,045,229 | ▲ 85% |
| Profit after taxes | € 258,375 | € 318,665 | € 279,312 | € 394,986 | ▲ 41% |
| Equity | € 4,586,746 | € 4,905,410 | € 5,184,723 | € 5,579,709 | ▲ 8% |
| Total debts | € 2,877,295 | € 3,174,789 | € 3,460,718 | € 3,042,789 | ▼ 12% |
| Cash | € 399,873 | € 183,465 | € 98,667 | € 72,586 | ▼ 26% |
| Land & buildings | € 204,673 | € 204,673 | € 204,673 | € 204,673 | |
| Retained profit | € 2,192,209 | € 2,510,874 | € 2,790,186 | € 3,185,173 | ▲ 14% |
| Balance sheet total | € 7,603,602 | € 8,080,199 | € 8,645,440 | € 8,622,498 | |
| Employees (FTE) | 3.4 | 2.8 | 2.4 | 3.5 | ▲ 1.1 |
Key figures of Ateliers V.H.B., fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Ateliers V.H.B.?
What happened at Ateliers V.H.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 394,986 (▲ 41% vs 2023). filed late Source: NBB ↗
- Pierre-Paul De Breuck became a director. NBB
- Paul De Breuck became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 258,375 profit in 2021 to € 394,986 profit in 2024.
Paid € 456,229 in corporate taxes since 2021.
Best year ever: 2024, with € 394,986 profit.
On average € 298,600 of value added per employee in 2024.
A new publication or filing at Ateliers V.H.B.? We notify you, reason included.
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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
Behind Ateliers V.H.B. are Pierre-Paul De Breuck and Paul De Breuck.
Directors
According to the 2024 annual accounts
Pierre-Paul De Breuck
Director
since 2018
Paul De Breuck
Managing director
since 2018
Establishments
Establishment units
Physical locations of this company
Ambachtsweg 15-17
9820 Merelbeke
Ambachtsweg 15 box 1
9820 Merelbeke-Melle
Active since 16 June 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.122.327
- VAT number
- BE 0400.122.327
- Registered office
- Ambachtsweg 15-17, 9820 Merelbeke
- Names & denominations
- Ateliers V.H.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 1944
- Peppol
- Active · Active since 14 Dec 2025
- Activities · NACE
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