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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Aalberts hfc from Beersel, company number BE0401866347, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year Aalberts hfc recorded revenue of € 35.8 million and equity of € 23.8 million. Compared with financial year 2024, the result moved from € 4.1 million to € 3.5 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 23.8 million
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 9.8 million
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
30
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▼ 3% vs 2024
€ 92,900 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.
€ 25,904
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9.1 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 112 days on average.
€ 1.7 million
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 45,675,662 | € 43,061,257 | € 38,886,048 | € 35,827,161 | ▼ 8% |
| Profit after taxes | € 5,750,454 | € 5,719,421 | € 4,092,960 | € 3,542,006 | ▼ 13% |
| Equity | € 50,397,077 | € 36,116,498 | € 30,209,458 | € 23,751,464 | ▼ 21% |
| Total debts | € 24,447,976 | € 29,871,840 | € 20,172,752 | € 20,803,042 | ▲ 3% |
| Cash | € 27,804,008 | € 22,934,007 | € 16,254,690 | € 9,838,743 | ▼ 39% |
| Retained profit | € 40,795,077 | € 26,514,498 | € 20,607,458 | € 14,149,464 | ▼ 31% |
| Dividend | € 10,000,000 | € 20,000,000 | € 10,000,000 | € 10,000,000 | |
| Balance sheet total | € 75,984,621 | € 66,986,665 | € 51,157,170 | € 45,077,387 | ▼ 12% |
| Employees (FTE) | 29.3 | 31.1 | 31.4 | 30 | ▼ 1.4 |
Key figures of Aalberts hfc, 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 Aalberts hfc?
What happened at Aalberts hfc in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Koert Munnik stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.5 million (▼ 13% vs 2024). Source: NBB ↗
- Robert Van den Belt stepped down as director. NBB
- Koert Munnik became a director. NBB
- Robert Van den Belt became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Beersel. KBO
In short
From € 5.8 million profit in 2022 to € 3.5 million profit in 2025.
Paid € 6.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 5.8 million profit.
Paid out € 50 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Koert Munnik
Director
since 2023 · until 2029
Robert Van den Belt
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 454
1653 Beersel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.866.347
- VAT number
- BE 0401.866.347
- Registered office
- Alsembergsesteenweg 454, 1653 Beersel
- Names & denominations
- Aalberts hfc
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1928
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Groothandel in installatiemateriaal voor loodgieterswerk en verwarming
Groothandel in loodgietersmateriaal en verwarmingsinstallaties
Groothandel in gereedschapswerktuigen