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 10.3 to 5.
Financials
Financial year 2025
HICEWA from Temse, company number BE0421652367, closed financial year 2025 with a result of € 614,996 after tax. For that financial year HICEWA recorded a gross margin of € 1.3 million and equity of € 7.1 million. Compared with financial year 2024, the result moved from € -128,736 to € 614,996. 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 3, 2026.
€ 7.1 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 614,996
▲ still € 128,736 loss in 2024
Profit after tax over the fiscal year.
€ 161,443
▼ 9% 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 € 513,885.
People and assets in 2025
5
▼ 4.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 213,055
▼ 36% vs 2024
€ 42,600 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.
€ 22,645
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 76,357
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,985
▲ 112% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 577,834 | € 419,806 | € 522,376 | € 1,306,894 | ▲ 150% |
| Profit after taxes | € -77,276 | € -242,429 | € -128,736 | € 614,996 | ▲ € 743,731 |
| Equity | € 10,270,054 | € 10,152,625 | € 10,023,889 | € 7,138,885 | ▼ 29% |
| Total debts | € 1,272,066 | € 1,420,524 | € 1,355,633 | € 144,070 | ▼ 89% |
| Cash | € 361,295 | € 162,376 | € 177,356 | € 161,443 | ▼ 9% |
| Land & buildings | € 7,470,564 | € 7,608,841 | € 7,628,332 | € 3,650,136 | ▼ 52% |
| Retained profit | € 270,054 | € 27,625 | € -101,111 | € 513,885 | ▲ € 614,996 |
| Bank debt | € 1,100,000 | € 1,250,000 | € 1,250,000 | € 0 | ▼ 100% |
| Balance sheet total | € 11,542,120 | € 11,573,150 | € 11,379,522 | € 7,282,955 | ▼ 36% |
| Employees (FTE) | 10.1 | 10.3 | 9.5 | 5 | ▼ 4.5 |
Key figures of HICEWA, 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 HICEWA?
What happened at HICEWA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vandooren Marc stepped down as director. NBB
- Sarah D'Eer stepped down as director. NBB
- Patrick D'Eer stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 614,996. Source: NBB ↗
- Vandooren Marc became a director. NBB
- Sarah D'Eer became a director. NBB
- Patrick D'Eer became a director. NBB
- New establishment in Maldegem. KBO
In short
From € 77,276 loss in 2022 to € 614,996 profit in 2025.
Paid € 62,264 in corporate taxes since 2022.
Best year ever: 2025, with € 614,996 profit.
On average € 261,400 of value added per employee in 2025.
Management
The shares are held by P&S Invest BV (100%).
Directors
According to the 2025 annual accounts
Vandooren Marc
Director
since 2025 · until 2031
since 2025 · until 2031
Patrick D'Eer
Managing director
Owns 99.6% via P&S Invest BV
Also active at: FASHION SERVICE, P & S INVEST, SOMEVIL INVEST, BELGIAN FASHION PARTNERS
since 2025 · until 2031
Shareholders
P&S Invest BV · holding of Patrick D'Eer
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapelanielaan 17
9140 Temse
Kerselare 2
9991 Maldegem
Active since 1 January 2021
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
- 0421.652.367
- VAT number
- BE 0421.652.367
- Registered office
- Kapelanielaan 17, 9140 Temse
- Names & denominations
- HICEWA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 1981
- Peppol
- Active · Active since 13 May 2025
- Activities · NACE
Exploitatie van sportaccommodaties
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Exploitatie van overige sportinstallaties en -accomodaties
Overige eetgelegenheden