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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Shrinking team NBB
FTE fell two years in a row, from 29.8 to 25.6.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
HEYLEN - GEERTS from Herentals, company number BE0426720123, closed financial year 2025 with a result of € 144,702 after tax. For that financial year HEYLEN - GEERTS recorded a gross margin of € 3.8 million and equity of € 10 million. Compared with financial year 2024, the result moved from € 1.3 million to € 144,702. The company is profitable. 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 15, 2026.
€ 10 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,702
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 987,628
▲ 59% 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 € 9 million.
People and assets in 2025
25.6
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▼ 46% vs 2024
€ 63,400 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.
€ 166,943
▼ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 11% vs 2024
€ 389,075 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 331,251
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 269,186
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,262,895 | € 5,390,301 | € 8,202,762 | € 3,816,264 | ▼ 53% |
| Profit after taxes | € 879,389 | € 812,649 | € 1,260,125 | € 144,702 | ▼ 89% |
| Equity | € 7,913,593 | € 8,576,241 | € 9,836,366 | € 9,981,068 | ▲ 1% |
| Total debts | € 2,699,091 | € 4,434,418 | € 4,471,212 | € 4,333,281 | ▼ 3% |
| Cash | € 1,888,417 | € 5,925,095 | € 621,035 | € 987,628 | ▲ 59% |
| Land & buildings | € 2,136,333 | € 1,834,992 | € 2,961,300 | € 3,061,518 | ▲ 3% |
| Retained profit | € 6,913,593 | € 7,576,241 | € 8,836,366 | € 8,981,068 | ▲ 2% |
| Dividend | € 150,000 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 469,906 | € 950,000 | € 1,438,267 | € 1,277,964 | ▼ 11% |
| Balance sheet total | € 10,612,684 | € 13,010,659 | € 14,307,578 | € 14,314,349 | |
| Employees (FTE) | 29.1 | 29.8 | 26.4 | 25.6 | ▼ 0.8 |
Key figures of HEYLEN - GEERTS, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 May 2027.
What happened to HEYLEN - GEERTS?
What happened at HEYLEN - GEERTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Diny Vermeulen stepped down as director. NBB
- MV-C BV stepped down as director. NBB
- Koen Vermeulen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 144,702 (▼ 89% vs 2024). Source: NBB ↗
- Diny Vermeulen became a director. NBB
- MV-C BV became a director. NBB
- Koen Vermeulen became a director. NBB
- New establishment in Herentals. KBO
In short
From € 879,389 profit in 2021 to € 144,702 profit in 2025.
Paid € 694,314 in corporate taxes since 2021.
Best year ever: 2024, with € 1.3 million profit.
On average € 149,100 of value added per employee in 2025.
Management
Establishments
Establishment units
Physical locations of this company
Toekomstlaan(HRT) 40
2200 Herentals
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
- 0426.720.123
- VAT number
- BE 0426.720.123
- Registered office
- Toekomstlaan(HRT) 40, 2200 Herentals
- Names & denominations
- HEYLEN - GEERTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1984
- Peppol
- Active · Active since 5 Dec 2025
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