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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bekaert Housing Company from Kortrijk, company number BE0422250106, closed financial year 2025 with a result of € 360,168 after tax. For that financial year Bekaert Housing Company recorded a gross margin of € 261,077 and equity of € 568,350. Compared with financial year 2024, the result moved from € 131,640 to € 360,168. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.
€ 568,350
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 360,168
▲ 174% vs 2024
Profit after tax over the fiscal year.
€ 68,441
▲ € 51,965 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
56 % of the profit went to the shareholders, mostly to QUALITY TOOLS COMPANY (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 1.4 million
▼ 8% vs 2024
€ 144,444 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,431
▲ € 5,305 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 331,525 | € 167,884 | € 224,298 | € 261,077 | ▲ 16% |
| Profit after taxes | € 892,175 | € 87,190 | € 131,640 | € 360,168 | ▲ 174% |
| Equity | € 339,352 | € 276,542 | € 408,182 | € 568,350 | ▲ 39% |
| Total debts | € 1,898,191 | € 1,867,321 | € 1,567,006 | € 1,452,046 | ▼ 7% |
| Cash | € 136,479 | € 129,505 | € 16,476 | € 68,441 | ▲ € 51,965 |
| Land & buildings | € 503,939 | € 494,953 | € 485,967 | € 478,631 | ▼ 2% |
| Retained profit | € 276,830 | € 214,020 | € 345,660 | € 505,828 | ▲ 46% |
| Dividend | € 800,000 | € 150,000 | € 0 | € 200,000 | |
| Bank debt | € 1,833,333 | € 1,711,111 | € 1,566,667 | € 1,444,445 | ▼ 8% |
| Balance sheet total | € 2,239,043 | € 2,143,862 | € 1,975,187 | € 2,020,396 | ▲ 2% |
| Employees (FTE) | 1.9 | - | - | - |
Key figures of Bekaert Housing Company, 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 Bekaert Housing Company?
What happened at Bekaert Housing Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 360,168 (▲ 174% vs 2024). Source: NBB ↗
- Midasco BV became a director. NBB
- Quality Tools Company BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 892,175 profit in 2022 to € 360,168 profit in 2025.
Paid € 162,072 in corporate taxes since 2022.
Best year ever: 2022, with € 892,175 profit.
On average € 174,500 of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of QUALITY TOOLS COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bekaert Housing CompanyBehind Bekaert Housing Company are Midasco BV and Quality Tools Company BV. The shares are held by QUALITY TOOLS COMPANY (100%).
Directors
According to the 2025 annual accounts
Director · represented by Robert Coppens
Also active at: PLANOFURN, QUALITY TOOLS COMPANY
since 2021
Director · represented by Boonefaes Patrick
Also active at: PLANOFURN, FOAMFLEX EUROPE
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Albert Einsteinlaan(Kor) 20
8500 Kortrijk
Markt 2 box 21
8790 Waregem
Active since 11 December 1981
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
- 0422.250.106
- VAT number
- BE 0422.250.106
- Registered office
- Albert Einsteinlaan(Kor) 20, 8500 Kortrijk
- Names & denominations
- Bekaert Housing Company · B.H.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1981
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen