Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 7.2 to 3.9.
Financials
Financial year 2025
VANHOUTTE - HEYNDRICKX from Pittem, company number BE0417592225, closed financial year 2025 with a result of € 3,789 after tax. For that financial year VANHOUTTE - HEYNDRICKX recorded a gross margin of € 405,184 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -153,282 to € 3,789. 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 April 29, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,789
▲ still € 153,282 loss in 2024
Profit after tax over the fiscal year.
€ 199,434
▲ 53% 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 € 1.5 million.
People and assets in 2025
3.9
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 281,717
▲ 4% vs 2024
€ 72,200 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.
€ 76,620
▼ 15% vs 2024
Of which on lease € 33,344.
Debts at end 2025
€ 252,121
▼ 9% vs 2024
€ 25,978 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 315,369
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,667
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 678,678 | € 887,254 | € 251,556 | € 405,184 | ▲ 61% |
| Profit after taxes | € 89,201 | € 234,211 | € -153,282 | € 3,789 | ▲ € 157,072 |
| Equity | € 1,391,429 | € 1,625,640 | € 1,472,358 | € 1,476,147 | |
| Total debts | € 949,225 | € 986,046 | € 973,391 | € 874,108 | ▼ 10% |
| Cash | € 13,333 | € 193,679 | € 130,745 | € 199,434 | ▲ 53% |
| Land & buildings | € 311,769 | € 252,660 | € 245,499 | € 238,433 | ▼ 3% |
| Retained profit | € 1,366,429 | € 1,600,640 | € 1,447,358 | € 1,451,147 | |
| Dividend | € 100,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 296,904 | € 311,843 | € 278,202 | € 252,121 | ▼ 9% |
| Balance sheet total | € 2,340,654 | € 2,670,376 | € 2,497,079 | € 2,393,606 | ▼ 4% |
| Employees (FTE) | 7.9 | 7.2 | 5.1 | 3.9 | ▼ 1.2 |
Key figures of VANHOUTTE - HEYNDRICKX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VANHOUTTE - HEYNDRICKX?
What happened at VANHOUTTE - HEYNDRICKX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,789. Source: NBB ↗
- Frank Vanhoutte became a director. NBB
- Vh-H Invest BV became a director. NBB
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,201 profit in 2022 to € 3,789 profit in 2025.
Paid € 59,480 in corporate taxes since 2022.
Best year ever: 2023, with € 234,211 profit.
On average € 103,900 of value added per employee in 2025.
Management
The stake of VH-H INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VANHOUTTE - HEYNDRICKXBehind VANHOUTTE - HEYNDRICKX are Frank Vanhoutte and Vh-H Invest BV. The shares are held by VH-H INVEST (100%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Nicole Locquet
since 2020
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tieltstraat 165 box b
8740 Pittem
Tieltstraat 165b
8740 Pittem
Active since 1 October 1977
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.
Details
- Company number
- 0417.592.225
- VAT number
- BE 0417.592.225
- Registered office
- Tieltstraat 165 bus b, 8740 Pittem
- Names & denominations
- VANHOUTTE - HEYNDRICKX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1977
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Groothandel in gereedschapswerktuigen