What does Exploitations Forestières Georges HUET do?

Exploitations Forestières Georges HUET is a forestry business in Manhay. Public Limited, started on 13 November 1981, 1 establishment.

What is the address of Exploitations Forestières Georges HUET?

The registered office of Exploitations Forestières Georges HUET is located at Route de Bomal, Grandménil 12 box 1, 6960 Manhay.

Is Exploitations Forestières Georges HUET still active?

Yes. According to the CBE (29 October 2026) Exploitations Forestières Georges HUET is active, legal situation “Normale toestand”, started on 13 November 1981.

Is Exploitations Forestières Georges HUET registered on Peppol?

Yes, Exploitations Forestières Georges HUET is registered on the Peppol network with ID 0208:0422047988.

What is the enterprise number of Exploitations Forestières Georges HUET?

The enterprise number of Exploitations Forestières Georges HUET is BE0422047988.

When was Exploitations Forestières Georges HUET founded?

Exploitations Forestières Georges HUET was founded on 13 November 1981.

Who are the directors of Exploitations Forestières Georges HUET?

According to the 2025 annual accounts, the directors of Exploitations Forestières Georges HUET are: HUSIBO SA, CARABI SRL, GH WOOD SRL.

Is Exploitations Forestières Georges HUET a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 November 1981; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Exploitations Forestières Georges HUET make in 2025?

Exploitations Forestières Georges HUET posted a profit after taxes of € 56,748 in financial year 2025.

What is the revenue of Exploitations Forestières Georges HUET?

In its most recent annual accounts (2025), Exploitations Forestières Georges HUET reported revenue of € 13,626,566.

How much does an employee at Exploitations Forestières Georges HUET earn?

The average wage cost per full-time employee at Exploitations Forestières Georges HUET was € 50,600 in 2025: staff costs of € 1.1 million for 21.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Exploitations Forestières Georges HUET have?

According to the 2025 annual accounts, Exploitations Forestières Georges HUET has 21.1 full-time equivalents (FTE).

Exploitations Forestières Georges HUET (Public Limited)

Dossier Exploitations Forestières Georges HUET, printed on 29 October 2026 from databakkes.be/en/0422047988/exploitations-forestieres-georges-huet. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Exploitations Forestières Georges HUET from Manhay, company number BE0422047988, closed financial year 2025 with a result of € 56,748 after tax. For that financial year Exploitations Forestières Georges HUET recorded revenue of € 13.6 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 121,570 to € 56,748. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Growing

€ 1.3 million

▲ 5% vs 2024

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

Profit Healthy

€ 56,748

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 75,579

▼ 68% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1 million.

People and assets in 2025

Full-time equivalents

21.1

▲ 0.8 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: € 1.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.1 million

▲ 8% vs 2024

€ 50,600 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.

Vehicles and equipment

€ 202,702

▲ 30% vs 2024

Of which on lease € 20,575.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 2.1 million

€ 307,203 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 2.7 million

▼ 12% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 280,508

▲ 83% 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	-	-	€ 11,714,182 Revenue 2024: € 11,714,182 First fiscal year in the series	€ 13,626,566 Revenue 2025: € 13,626,566 ▲ 16% vs 2024 (€ 11,714,182) Favourable step	▲ 16%
Gross margin	€ 1,307,962 Gross margin 2022: € 1,307,962 First fiscal year in the series	€ 1,464,451 Gross margin 2023: € 1,464,451 ▲ 12% vs 2022 (€ 1,307,962) Favourable step	-	-
Profit after taxes	€ 163,065 Profit after taxes 2022: € 163,065 First fiscal year in the series	€ 216,062 Profit after taxes 2023: € 216,062 ▲ 33% vs 2022 (€ 163,065) Favourable step	€ 121,570 Profit after taxes 2024: € 121,570 ▼ 44% vs 2023 (€ 216,062) Unfavourable step	€ 56,748 Profit after taxes 2025: € 56,748 ▼ 53% vs 2024 (€ 121,570) Unfavourable step	▼ 53%
Equity	€ 876,278 Equity 2022: € 876,278 First fiscal year in the series	€ 1,090,946 Equity 2023: € 1,090,946 ▲ 24% vs 2022 (€ 876,278) Favourable step	€ 1,212,922 Equity 2024: € 1,212,922 ▲ 11% vs 2023 (€ 1,090,946) Favourable step	€ 1,269,264 Equity 2025: € 1,269,264 ▲ 5% vs 2024 (€ 1,212,922) Favourable step	▲ 5%
Total debts	€ 3,628,364 Total debts 2022: € 3,628,364 First fiscal year in the series	€ 5,169,604 Total debts 2023: € 5,169,604 ▲ 42% vs 2022 (€ 3,628,364) Unfavourable step	€ 6,158,059 Total debts 2024: € 6,158,059 ▲ 19% vs 2023 (€ 5,169,604) Unfavourable step	€ 7,765,939 Total debts 2025: € 7,765,939 ▲ 26% vs 2024 (€ 6,158,059) Unfavourable step	▲ 26%
Cash	€ 29,165 Cash 2022: € 29,165 First fiscal year in the series	€ 34,440 Cash 2023: € 34,440 ▲ 18% vs 2022 (€ 29,165) Favourable step	€ 233,755 Cash 2024: € 233,755 ▲ € 199,315 vs 2023 (€ 34,440) Favourable step	€ 75,579 Cash 2025: € 75,579 ▼ 68% vs 2024 (€ 233,755) Unfavourable step	▼ 68%
Land & buildings	€ 176,769 Land & buildings 2022: € 176,769 First fiscal year in the series	€ 241,008 Land & buildings 2023: € 241,008 ▲ 36% vs 2022 (€ 176,769) Unchanged	€ 420,163 Land & buildings 2024: € 420,163 ▲ 74% vs 2023 (€ 241,008) Unchanged	€ 411,070 Land & buildings 2025: € 411,070 ▼ 2% vs 2024 (€ 420,163) Unchanged	▼ 2%
Retained profit	€ 633,278 Retained profit 2022: € 633,278 First fiscal year in the series	€ 847,946 Retained profit 2023: € 847,946 ▲ 34% vs 2022 (€ 633,278) Favourable step	€ 969,516 Retained profit 2024: € 969,516 ▲ 14% vs 2023 (€ 847,946) Favourable step	€ 1,026,264 Retained profit 2025: € 1,026,264 ▲ 6% vs 2024 (€ 969,516) Favourable step	▲ 6%
Bank debt	€ 2,161,039 Bank debt 2022: € 2,161,039 First fiscal year in the series	€ 2,403,812 Bank debt 2023: € 2,403,812 ▲ 11% vs 2022 (€ 2,161,039) Unfavourable step	€ 2,064,497 Bank debt 2024: € 2,064,497 ▼ 14% vs 2023 (€ 2,403,812) Favourable step	€ 2,070,291 Bank debt 2025: € 2,070,291 Unchanged (€ 2,064,497) Unfavourable step
Balance sheet total	€ 4,510,745 Balance sheet total 2022: € 4,510,745 First fiscal year in the series	€ 6,265,603 Balance sheet total 2023: € 6,265,603 ▲ 39% vs 2022 (€ 4,510,745) Unchanged	€ 7,375,721 Balance sheet total 2024: € 7,375,721 ▲ 18% vs 2023 (€ 6,265,603) Unchanged	€ 9,039,629 Balance sheet total 2025: € 9,039,629 ▲ 23% vs 2024 (€ 7,375,721) Unchanged	▲ 23%
Employees (FTE)	17.7 Employees (FTE) 2022: 17.7 First fiscal year in the series	20.3 Employees (FTE) 2023: 20.3 ▲ 2.6 vs 2022 (17.7) Unchanged	20.3 Employees (FTE) 2024: 20.3 Unchanged (20.3) Unchanged	21.1 Employees (FTE) 2025: 21.1 ▲ 0.8 vs 2024 (20.3) Unchanged	▲ 0.8

Key figures of Exploitations Forestières Georges HUET, 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 Exploitations Forestières Georges HUET?

What happened at Exploitations Forestières Georges HUET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 HUSIBO SA stepped down as director. NBB
2028 CARABI SRL stepped down as director. NBB
2028 GH WOOD SRL stepped down as director. NBB
Jul 17, 2026 New annual accounts for financial year 2025: profit of € 56,748 (▼ 53% vs 2024). Source: NBB ↗
2022 HUSIBO SA became a director. NBB
2022 CARABI SRL became a director. NBB
2022 GH WOOD SRL became a director. NBB
Jan 1, 1982 New establishment in Manhay. KBO

In short

From € 163,065 profit in 2022 to € 56,748 profit in 2025.

Paid € 56,500 in corporate taxes since 2022.

Best year ever: 2023, with € 216,062 profit.

On average € 72,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

SIMON-BOIS 100%

Exploitations Forestières Georges HUET

The shares are held by SIMON-BOIS (100%).

Directors

According to the 2025 annual accounts

HUSIBO SA

Director · represented by Emmanuel Schellekens

Owns 100% via SIMON-BOIS

Also active at: Scierie de Graide-Station, SIMON-BOIS, EXPLOITATIONS FORESTIERES PHILIPPE CORNET

since 2022 · until 2028

CARABI SRL

Managing director · represented by Valérie Gendebien

Also active at: Peltzer & Fils SA, PRECISION BALL GROUP, KANNUNIKEN HOEVE, IMMO de ROYE de WICHEM, CITY CASH ONE, HUSIBO, TIVATOME, GROUPE MECA +5 more

since 2022 · until 2028

GH WOOD SRL

Managing director · represented by Geoffrey Huet

Also active at: Scierie de Graide-Station, SIMON-BOIS, EXPLOITATIONS FORESTIERES PHILIPPE CORNET, HUSIBO

since 2022 · until 2028

Shareholders

SIMON-BOIS · holding of HUSIBO SA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Route de Bomal, Grandménil 12 box 1

6960 Manhay

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

SIMON-BOIS same network

€ 515,618 gross margin · 2025

EXPLOITATIONS FORESTIERES PHILIPPE CORNET same network

€ 1.2 million gross margin · 2025

"Huet Bois"

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

Details

Company number

0422.047.988

VAT number

BE 0422.047.988

Registered office

Route de Bomal, Grandménil 12 bus 1, 6960 Manhay

Names & denominations

Exploitations Forestières Georges HUET

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

13 November 1981

Peppol

Active · Active since 11 Jan 2026

Activities · NACE

Exploitatie van bossen

Bosexploitatie

Goederenvervoer over de weg

Groothandel in hout

View on CBE Public ↗ Annual accounts (NBB) ↗

Exploitations Forestières Georges HUET

Warning lights

Financials

What happened to Exploitations Forestières Georges HUET?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions