What does Holvoet do?

Holvoet is a wholesaler in Kortrijk. Public Limited, started on 10 December 1938, 1 establishment.

What is the address of Holvoet?

The registered office of Holvoet is located at Ringlaan(Heu) 21, 8501 Kortrijk.

Is Holvoet still active?

Yes. According to the CBE (30 October 2026) Holvoet is active, legal situation “Normale toestand”, started on 10 December 1938.

Is Holvoet registered on Peppol?

Yes, Holvoet is registered on the Peppol network with ID 0208:0405980533.

What is the enterprise number of Holvoet?

The enterprise number of Holvoet is BE0405980533.

When was Holvoet founded?

Holvoet was founded on 10 December 1938.

Who are the directors of Holvoet?

According to the 2025 annual accounts, the directors of Holvoet are: Holspeed BV, Holco BV, Hg BV, Tholfinn BV, Holdit NV, Francis Holvoet.

Is Holvoet a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 December 1938; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did Holvoet make in 2025?

Holvoet posted a profit after taxes of € 705,776 in financial year 2025.

What is the revenue of Holvoet?

In its most recent annual accounts (2025), Holvoet reported revenue of € 30,452,928.

How much does an employee at Holvoet earn?

The average wage cost per full-time employee at Holvoet was € 66,400 in 2025: staff costs of € 4 million for 60.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Holvoet have?

According to the 2025 annual accounts, Holvoet has 60.7 full-time equivalents (FTE).

Does Holvoet have a website?

Yes, Holvoet has a website at holvoet.be.

Holvoet (Public Limited) - Kortrijk - BE0405980533

Dossier Holvoet, printed on 30 October 2026 from databakkes.be/en/0405980533/holvoet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Holvoet from Kortrijk, company number BE0405980533, closed financial year 2025 with a result of € 705,776 after tax. For that financial year Holvoet recorded revenue of € 30.5 million and equity of € 17 million. Compared with financial year 2024, the result moved from € 512,264 to € 705,776. Profitable, and profit is growing. 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 15, 2026.

What it is worth Healthy

€ 17 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 705,776

▲ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 721,395

▲ 13% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

60.7

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4 million

▲ 3% vs 2024

€ 66,400 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.

Vehicles and equipment

€ 96,573

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 1.7 million

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.

Taxes and wages

€ 1.1 million

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 45,698,499 Revenue 2022: € 45,698,499 First fiscal year in the series	€ 34,035,314 Revenue 2023: € 34,035,314 ▼ 26% vs 2022 (€ 45,698,499) Unfavourable step	€ 30,692,957 Revenue 2024: € 30,692,957 ▼ 10% vs 2023 (€ 34,035,314) Unfavourable step	€ 30,452,928 Revenue 2025: € 30,452,928 ▼ 1% vs 2024 (€ 30,692,957) Unfavourable step	▼ 1%
Profit after taxes	€ 4,853,032 Profit after taxes 2022: € 4,853,032 First fiscal year in the series	€ 2,028,235 Profit after taxes 2023: € 2,028,235 ▼ 58% vs 2022 (€ 4,853,032) Unfavourable step	€ 512,264 Profit after taxes 2024: € 512,264 ▼ 75% vs 2023 (€ 2,028,235) Unfavourable step	€ 705,776 Profit after taxes 2025: € 705,776 ▲ 38% vs 2024 (€ 512,264) Favourable step	▲ 38%
Equity	€ 19,460,277 Equity 2022: € 19,460,277 First fiscal year in the series	€ 19,188,512 Equity 2023: € 19,188,512 ▼ 1% vs 2022 (€ 19,460,277) Unfavourable step	€ 17,250,776 Equity 2024: € 17,250,776 ▼ 10% vs 2023 (€ 19,188,512) Unfavourable step	€ 16,956,552 Equity 2025: € 16,956,552 ▼ 2% vs 2024 (€ 17,250,776) Unfavourable step	▼ 2%
Total debts	€ 12,285,032 Total debts 2022: € 12,285,032 First fiscal year in the series	€ 11,410,653 Total debts 2023: € 11,410,653 ▼ 7% vs 2022 (€ 12,285,032) Favourable step	€ 9,950,830 Total debts 2024: € 9,950,830 ▼ 13% vs 2023 (€ 11,410,653) Favourable step	€ 8,829,188 Total debts 2025: € 8,829,188 ▼ 11% vs 2024 (€ 9,950,830) Favourable step	▼ 11%
Cash	€ 1,337,081 Cash 2022: € 1,337,081 First fiscal year in the series	€ 208,003 Cash 2023: € 208,003 ▼ 84% vs 2022 (€ 1,337,081) Unfavourable step	€ 637,095 Cash 2024: € 637,095 ▲ 206% vs 2023 (€ 208,003) Favourable step	€ 721,395 Cash 2025: € 721,395 ▲ 13% vs 2024 (€ 637,095) Favourable step	▲ 13%
Retained profit	€ 18,710,277 Retained profit 2022: € 18,710,277 First fiscal year in the series	€ 18,438,512 Retained profit 2023: € 18,438,512 ▼ 1% vs 2022 (€ 18,710,277) Unfavourable step	€ 16,500,776 Retained profit 2024: € 16,500,776 ▼ 11% vs 2023 (€ 18,438,512) Unfavourable step	€ 16,206,552 Retained profit 2025: € 16,206,552 ▼ 2% vs 2024 (€ 16,500,776) Unfavourable step	▼ 2%
Dividend	€ 4,500,000 Dividend 2022: € 4,500,000 First fiscal year in the series	€ 2,300,000 Dividend 2023: € 2,300,000 ▼ 49% vs 2022 (€ 4,500,000) Unchanged	€ 2,450,000 Dividend 2024: € 2,450,000 ▲ 7% vs 2023 (€ 2,300,000) Unchanged	€ 1,000,000 Dividend 2025: € 1,000,000 ▼ 59% vs 2024 (€ 2,450,000) Unchanged	▼ 59%
Balance sheet total	€ 31,748,293 Balance sheet total 2022: € 31,748,293 First fiscal year in the series	€ 30,601,146 Balance sheet total 2023: € 30,601,146 ▼ 4% vs 2022 (€ 31,748,293) Unchanged	€ 27,202,585 Balance sheet total 2024: € 27,202,585 ▼ 11% vs 2023 (€ 30,601,146) Unchanged	€ 25,786,057 Balance sheet total 2025: € 25,786,057 ▼ 5% vs 2024 (€ 27,202,585) Unchanged	▼ 5%
Employees (FTE)	65.7 Employees (FTE) 2022: 65.7 First fiscal year in the series	61.9 Employees (FTE) 2023: 61.9 ▼ 3.8 vs 2022 (65.7) Unchanged	61.2 Employees (FTE) 2024: 61.2 ▼ 0.7 vs 2023 (61.9) Unchanged	60.7 Employees (FTE) 2025: 60.7 ▼ 0.5 vs 2024 (61.2) Unchanged	▼ 0.5

Key figures of Holvoet, 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 Holvoet?

What happened at Holvoet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Holspeed BV stepped down as director. NBB
2027 Holco BV stepped down as director. NBB
2027 Hg BV stepped down as director. NBB
2027 Tholfinn BV stepped down as director. NBB
2027 Holdit NV stepped down as director. NBB
2027 Francis Holvoet stepped down as director. NBB
Jul 15, 2026 New annual accounts for financial year 2025: profit of € 705,776 (▲ 38% vs 2024). Source: NBB ↗
2023 Holspeed BV became a director. NBB

In short

From € 4.9 million profit in 2022 to € 705,776 profit in 2025.

Paid € 1.8 million in corporate taxes since 2022.

Best year ever: 2022, with € 4.9 million profit.

Paid out € 10.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Geache-Holdit NV 100%

Holvoet

The shares are held by Geache-Holdit NV (100%).

Directors

According to the 2025 annual accounts

Holspeed BV

Director · represented by Holvoet Bruno

Also active at: Plaatbedrijf Holvoet, HOLDIT, GEACHE HOLDIT IMMO, LIMBURGS STAALSERVICE CENTER, BEVO

since 2023 · until 2027

Holco BV

Director · represented by Holvoet Sebastien

Also active at: Plaatbedrijf Holvoet, HOLDIT, GEACHE HOLDIT IMMO, LIMBURGS STAALSERVICE CENTER, BEVO

since 2023 · until 2027

Hg BV

Director · represented by Holvoet Gauthier

Also active at: Plaatbedrijf Holvoet, HOLDIT, GEACHE HOLDIT IMMO, LIMBURGS STAALSERVICE CENTER, BEVO

since 2023 · until 2027

Tholfinn BV

Director · represented by Holvoet Nicolas

Also active at: Plaatbedrijf Holvoet, HOLDIT, GEACHE HOLDIT IMMO

since 2023 · until 2027

Holdit NV

Managing director · represented by Holvoet Alexandre

Also active at: Plaatbedrijf Holvoet, GEACHE - HOLDIT, GEACHE HOLDIT IMMO, LIMBURGS STAALSERVICE CENTER, BEVO

since 2021 · until 2027

Francis Holvoet

Director

since 2021 · until 2027

Shareholders

Geache-Holdit NV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Ringlaan(Heu) 21

8501 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS holvoet.be

Technologies

Adobe FontsApacheLightbox

Hosting & Email

Email provider

Self-hosted

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Features

Security

✓ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0405.980.533

VAT number

BE 0405.980.533

Registered office

Ringlaan(Heu) 21, 8501 Kortrijk

Names & denominations

Holvoet

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 December 1938

Peppol

Active · Active since 21 Oct 2026

Contact

holvoet.be

Activities · NACE

Groothandel in metalen en metaalertsen

Groothandel in ijzerwaren

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

View on CBE Public ↗ Annual accounts (NBB) ↗

Holvoet

Financials

What happened to Holvoet?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions