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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Haegeman from Middelkerke, company number BE0406687346, closed financial year 2025 with a result of € 15 after tax. For that financial year Haegeman recorded a gross margin of € 238,168 and equity of € 729,663. Compared with financial year 2024, the result moved from € 78,577 to € 15. 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 August 27, 2026.
€ 729,663
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15
▼ € 78,562 vs 2024
Profit after tax over the fiscal year.
€ 61,927
▲ 13% 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 € 709,663.
People and assets in 2025
€ 38,433
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 869,985
▲ 11% vs 2024
€ 172,522 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 13,594
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 325,689 | € 357,552 | € 329,654 | € 238,168 | ▼ 28% |
| Profit after taxes | € 100,173 | € 116,790 | € 78,577 | € 15 | ▼ € 78,562 |
| Equity | € 562,889 | € 670,634 | € 729,647 | € 729,663 | |
| Total debts | € 970,168 | € 1,175,972 | € 930,860 | € 891,256 | ▼ 4% |
| Cash | € 154,951 | € 122,768 | € 54,983 | € 61,927 | ▲ 13% |
| Land & buildings | € 1,247,649 | € 1,338,159 | € 1,328,610 | € 1,468,978 | ▲ 11% |
| Retained profit | € 542,889 | € 650,634 | € 709,647 | € 709,663 | |
| Dividend | € 133,633 | € 9,045 | € 19,563 | € 0 | ▼ 100% |
| Bank debt | € 534,234 | € 819,819 | € 786,635 | € 869,985 | ▲ 11% |
| Balance sheet total | € 1,533,056 | € 1,846,605 | € 1,660,508 | € 1,620,918 | ▼ 2% |
Key figures of Haegeman, 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 Haegeman?
What happened at Haegeman in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15 (▼ € 78,562 vs 2024). filed late Source: NBB ↗
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,173 profit in 2022 to € 15 profit in 2025.
Paid € 109,793 in corporate taxes since 2022.
Best year ever: 2023, with € 116,790 profit.
Paid out € 162,241 in dividends to the owners in total.
Management
Behind Haegeman is Hans Haegeman.
Directors
According to the 2025 annual accounts
Hans Haegeman
Director
Establishments
Establishment units
Physical locations of this company
Rietstraat 44
8430 Middelkerke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.687.346
- VAT number
- BE 0406.687.346
- Registered office
- Rietstraat 44, 8430 Middelkerke
- Names & denominations
- Haegeman
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 1969
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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