Financials
Financial year 2026
HAELVOET from Ingelmunster, company number BE0415873840, closed financial year 2026 with a result of € 50,556 after tax. For that financial year HAELVOET recorded revenue of € 25.1 million and equity of € 9.4 million. Compared with financial year 2025, the result moved from € 635,895 to € 50,556. 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 October 13, 2026.
€ 9.4 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,556
▼ 92% vs 2025
Profit after tax over the fiscal year.
€ 43,345
▼ 83% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 8.8 million.
People and assets in 2026
61.2
▼ 3.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▼ 1% vs 2025
€ 68,100 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.
€ 350,560
▲ 72% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 2.3 million
▲ 127% vs 2025
€ 100,514 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 4.7 million
▲ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 786,918
▼ 24% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 20,981,647 | € 23,789,722 | € 23,858,613 | € 25,095,523 | ▲ 5% |
| Profit after taxes | € 290,634 | € 234,207 | € 635,895 | € 50,556 | ▼ 92% |
| Equity | € 8,638,299 | € 8,747,812 | € 9,517,207 | € 9,411,938 | ▼ 1% |
| Total debts | € 12,292,580 | € 8,470,388 | € 10,748,491 | € 10,546,390 | ▼ 2% |
| Cash | € 467,930 | € 178,737 | € 258,575 | € 43,345 | ▼ 83% |
| Land & buildings | € 5,171,374 | € 5,038,557 | € 4,771,006 | € 4,422,415 | ▼ 7% |
| Retained profit | € 7,919,743 | € 8,153,950 | € 8,789,845 | € 8,840,401 | ▲ 1% |
| Bank debt | € 2,384,161 | € 1,174,456 | € 1,026,137 | € 2,331,679 | ▲ 127% |
| Balance sheet total | € 20,938,874 | € 17,223,996 | € 20,269,919 | € 19,962,549 | ▼ 2% |
| Employees (FTE) | 69.7 | 67.2 | 64.9 | 61.2 | ▼ 3.7 |
Key figures of HAELVOET, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HAELVOET?
What happened at HAELVOET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HLV Group BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 50,556 (▼ 92% vs 2025). Source: NBB ↗
- TPM Consulting BV stepped down as director. NBB
- HLV Group BV became a director. NBB
- TPM Consulting BV became a director. NBB
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 290,634 profit in 2023 to € 50,556 profit in 2026.
Paid € 6,965 in corporate taxes since 2023.
Best year ever: 2025, with € 635,895 profit.
Pays suppliers within 85 days on average.
Management
The stake of GROVI, HLV Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HAELVOETThe shares are held by GROVI (99.9%) and HLV Group (0.1%).
Directors
According to the 2026 annual accounts
Managing director · represented by Vincent Haelvoet
Also active at: Haelvoet Projects, GROVI, Belemi
since 2023 · until 2029
since 2020 · until 2026
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leon Bekaertstraat 8
8770 Ingelmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
haelvoet.be
Registered
1999-03-05
Website info
Features
Security
Network
Details
- Company number
- 0415.873.840
- VAT number
- BE 0415.873.840
- Registered office
- Leon Bekaertstraat 8, 8770 Ingelmunster
- Names & denominations
- HAELVOET
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 1976
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- haelvoet.be
- Activities · NACE
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Groothandel in meubels, niet-elektrische huishoudapparaten en vloerbedekking inclusief tapijten