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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
R.H.R. - INDUSTRIES from Ieper, company number BE0423279888, closed financial year 2025 with a result of € -8.1 million after tax. For that financial year R.H.R. - INDUSTRIES recorded a gross margin of € 233,316 and equity of € -6.4 million. Compared with financial year 2024, the result moved from € 1.9 million to € -8.1 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.
€ -6.4 million
▼ € 8.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8.1 million
▼ still € 1.9 million profit in 2024
Profit after tax over the fiscal year.
€ 2 million
▲ € 2 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.7 million.
Debts at end 2025
€ 10.7 million
▲ € 8.5 million vs 2024
€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 35,406
▲ € 28,567 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,482 | € 1,269,976 | € 272,092 | € 233,316 | ▼ 14% |
| Profit after taxes | € -219,802 | € 790,828 | € 1,880,792 | € -8,090,534 | ▼ € 10 million |
| Equity | € -993,347 | € -202,518 | € 1,678,273 | € -6,412,261 | ▼ € 8.1 million |
| Total debts | € 12,512,576 | € 13,804,697 | € 2,127,453 | € 10,779,248 | ▲ € 8.7 million |
| Cash | € 409 | € 2,509 | € 4,561 | € 1,961,170 | ▲ € 2 million |
| Land & buildings | - | € 2,458,952 | € 2,382,110 | € 2,305,267 | ▼ 3% |
| Retained profit | € -1,234,333 | € -443,505 | € 1,437,286 | € -6,653,247 | ▼ € 8.1 million |
| Bank debt | € 0 | € 3,383,191 | € 2,120,000 | € 10,660,109 | ▲ € 8.5 million |
| Balance sheet total | € 11,519,229 | € 13,602,178 | € 3,805,726 | € 4,366,987 | ▲ 15% |
Key figures of R.H.R. - INDUSTRIES, 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 R.H.R. - INDUSTRIES?
What happened at R.H.R. - INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Opus Terrae BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8.1 million (▼ € 10 million vs 2024). filed late Source: NBB ↗
- Ghemic BV became a director. NBB
- Opus Terrae BV became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 219,802 loss in 2022 to € 8.1 million loss in 2025.
Best year ever: 2024, with € 1.9 million profit.
Management
The stake of GHELAMCO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
R.H.R. - INDUSTRIESBehind R.H.R. - INDUSTRIES is Ghemic BV. The shares are held by GHELAMCO INVEST (99.6%).
Directors
According to the 2025 annual accounts
Director · represented by Michael Gheysens
Also active at: GARAGE S.O.S., GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, THE WHITE HOUSE ZOUTE, STEELCON, BELGIAN TRADING COMPANY, IMMOBILIERE COGIMES +44 more
since 2025
Director · represented by Paul Gheysens
Also active at: DOCK-SITE, GARAGE S.O.S., GHELAMCO INVEST, THE WHITE HOUSE ZOUTE, M. VAN STEENWINKEL, SAFE HOLDING BELGIUM, Zeewind, MeetDistrict +22 more
since 2025 · until 2029
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →GARAGE S.O.S. same network
€ -8,977 gross margin · 2025
GHELAMCO
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
IMMOBILIERE NORTH SEA PROPERTIES same network
€ -130,320 gross margin · 2025
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.279.888
- VAT number
- BE 0423.279.888
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- R.H.R. - INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 1982
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van schakel- en verdeelinrichtingen
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Groothandel in elektrisch materiaal inclusief installatiemateriaal