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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Houthandel DEQUIDT from Veurne, company number BE0405252340, closed financial year 2025 with a result of € 198,212 after tax. For that financial year Houthandel DEQUIDT recorded a gross margin of € 771,112 and equity of € 976,256. Compared with financial year 2024, the result moved from € 111,006 to € 198,212. 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 June 27, 2026.
€ 976,256
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 198,212
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 97,034
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 198,212 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.8
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 334,192
▼ 6% vs 2024
€ 49,100 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.
€ 33,029
▼ 74% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 265,537
▼ 51% vs 2024
€ 66,748 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 48,898
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,067
▲ 93% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,258,642 | € 882,301 | € 702,373 | € 771,112 | ▲ 10% |
| Profit after taxes | € 624,449 | € 225,502 | € 111,006 | € 198,212 | ▲ 79% |
| Equity | € 973,748 | € 975,250 | € 976,256 | € 976,256 | |
| Total debts | € 2,126,155 | € 1,633,421 | € 1,319,335 | € 1,081,399 | ▼ 18% |
| Cash | € 158,184 | € 93,593 | € 79,208 | € 97,034 | ▲ 23% |
| Land & buildings | € 637,799 | € 586,210 | € 455,445 | € 404,525 | ▼ 11% |
| Retained profit | € 898,748 | € 900,250 | € 901,256 | € 901,256 | |
| Dividend | € 600,000 | € 224,000 | € 110,000 | € 198,212 | ▲ 80% |
| Bank debt | € 807,102 | € 677,968 | € 540,894 | € 265,537 | ▼ 51% |
| Balance sheet total | € 3,099,903 | € 2,608,671 | € 2,295,591 | € 2,057,655 | ▼ 10% |
| Employees (FTE) | 6.8 | 6.7 | 7.1 | 6.8 | ▼ 0.3 |
Key figures of Houthandel DEQUIDT, 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 Houthandel DEQUIDT?
What happened at Houthandel DEQUIDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WIPA BV stepped down as director. NBB
- PAT-DRIE BV stepped down as director. NBB
- SABINE DEDRIE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 198,212 (▲ 79% vs 2024). Source: NBB ↗
- WIPA BV became a director. NBB
- PAT-DRIE BV became a director. NBB
- SABINE DEDRIE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 624,449 profit in 2022 to € 198,212 profit in 2025.
Paid € 49,729 in corporate taxes since 2022.
Best year ever: 2022, with € 624,449 profit.
On average € 113,400 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Managing director · represented by Wim Pattyn
since 2023 · until 2029
Managing director · represented by Jan Pattyn
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Albert I laan 27A
8630 Veurne
Albert I laan 27 A
8630 Veurne
Active since 1 January 1958
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.252.340
- VAT number
- BE 0405.252.340
- Registered office
- Albert I laan 27A, 8630 Veurne
- Names & denominations
- Houthandel DEQUIDT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 13 Aug 2026
- Activities · NACE
Groothandel in hout