What does Hubstef do?

Hubstef is filed with the CBE under the catch-all “Overige financiële dienstverlening”, a code that says little about what the company actually does. Public Limited, started on 28 August 1984, 1 establishment.

What is the address of Hubstef?

The registered office of Hubstef is located at Nelemeersstraat 5, 9830 Sint-Martens-Latem.

Is Hubstef still active?

Yes. According to the CBE (29 October 2026) Hubstef is active, legal situation “Normale toestand”, started on 28 August 1984.

Is Hubstef registered on Peppol?

Yes, Hubstef is registered on the Peppol network with ID 0208:0427053584.

What is the enterprise number of Hubstef?

The enterprise number of Hubstef is BE0427053584.

When was Hubstef founded?

Hubstef was founded on 28 August 1984.

Who are the directors of Hubstef?

According to the 2025 annual accounts, the directors of Hubstef are: Stefan Versele, Gwijde Versele, Matthias Versele, Lode Versele.

Is Hubstef a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 August 1984; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Hubstef make in 2025?

Hubstef posted a profit after taxes of € 13,412,279 in financial year 2025.

What is the revenue of Hubstef?

As a small company, Hubstef is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 25,539.

How many employees does Hubstef have?

According to the 2025 annual accounts, Hubstef has 0 full-time equivalents (FTE).

Hubstef (Public Limited) - Sint-Martens-Latem

Dossier Hubstef, printed on 29 October 2026 from databakkes.be/en/0427053584/hubstef. 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 37 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Hubstef from Sint-Martens-Latem, company number BE0427053584, closed financial year 2025 with a result of € 13.4 million after tax. For that financial year Hubstef recorded a gross margin of € 25,539 and equity of € 143 million. Compared with financial year 2024, the result moved from € 12.4 million to € 13.4 million. Profitable, and profit is growing. 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 30, 2026.

What it is worth Growing

€ 143 million

▲ 5% vs 2024

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

Profit Growing

€ 13.4 million

▲ 8% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 241,466

▼ 85% vs 2024

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

Where the profit goes Pays out

€ 6 million paid out

45 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt ≈ 6 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.

€ 26.4 million

▼ 14% vs 2024

€ 4.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 1,065

▼ 99% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 18,861 Gross margin 2022: € 18,861 First fiscal year in the series	€ 12,220 Gross margin 2023: € 12,220 ▼ 35% vs 2022 (€ 18,861) Unfavourable step	€ 23,663 Gross margin 2024: € 23,663 ▲ 94% vs 2023 (€ 12,220) Favourable step	€ 25,539 Gross margin 2025: € 25,539 ▲ 8% vs 2024 (€ 23,663) Favourable step	▲ 8%
Profit after taxes	€ 13,822,684 Profit after taxes 2022: € 13,822,684 First fiscal year in the series	€ 11,995,891 Profit after taxes 2023: € 11,995,891 ▼ 13% vs 2022 (€ 13,822,684) Unfavourable step	€ 12,386,067 Profit after taxes 2024: € 12,386,067 ▲ 3% vs 2023 (€ 11,995,891) Favourable step	€ 13,412,279 Profit after taxes 2025: € 13,412,279 ▲ 8% vs 2024 (€ 12,386,067) Favourable step	▲ 8%
Equity	€ 122,018,163 Equity 2022: € 122,018,163 First fiscal year in the series	€ 129,514,054 Equity 2023: € 129,514,054 ▲ 6% vs 2022 (€ 122,018,163) Favourable step	€ 135,558,832 Equity 2024: € 135,558,832 ▲ 5% vs 2023 (€ 129,514,054) Favourable step	€ 142,971,111 Equity 2025: € 142,971,111 ▲ 5% vs 2024 (€ 135,558,832) Favourable step	▲ 5%
Total debts	€ 41,376,762 Total debts 2022: € 41,376,762 First fiscal year in the series	€ 39,207,846 Total debts 2023: € 39,207,846 ▼ 5% vs 2022 (€ 41,376,762) Favourable step	€ 35,073,979 Total debts 2024: € 35,073,979 ▼ 11% vs 2023 (€ 39,207,846) Favourable step	€ 26,487,353 Total debts 2025: € 26,487,353 ▼ 24% vs 2024 (€ 35,073,979) Favourable step	▼ 24%
Cash	€ 1,447,468 Cash 2022: € 1,447,468 First fiscal year in the series	€ 88,371 Cash 2023: € 88,371 ▼ 94% vs 2022 (€ 1,447,468) Unfavourable step	€ 1,636,760 Cash 2024: € 1,636,760 ▲ € 1.5 million vs 2023 (€ 88,371) Favourable step	€ 241,466 Cash 2025: € 241,466 ▼ 85% vs 2024 (€ 1,636,760) Unfavourable step	▼ 85%
Retained profit	€ 119,043,440 Retained profit 2022: € 119,043,440 First fiscal year in the series	€ 126,539,331 Retained profit 2023: € 126,539,331 ▲ 6% vs 2022 (€ 119,043,440) Favourable step	€ 132,584,110 Retained profit 2024: € 132,584,110 ▲ 5% vs 2023 (€ 126,539,331) Favourable step	€ 139,996,388 Retained profit 2025: € 139,996,388 ▲ 6% vs 2024 (€ 132,584,110) Favourable step	▲ 6%
Dividend	€ 4,989,000 Dividend 2022: € 4,989,000 First fiscal year in the series	€ 4,500,000 Dividend 2023: € 4,500,000 ▼ 10% vs 2022 (€ 4,989,000) Unchanged	€ 6,341,289 Dividend 2024: € 6,341,289 ▲ 41% vs 2023 (€ 4,500,000) Unchanged	€ 6,000,000 Dividend 2025: € 6,000,000 ▼ 5% vs 2024 (€ 6,341,289) Unchanged	▼ 5%
Bank debt	€ 39,512,076 Bank debt 2022: € 39,512,076 First fiscal year in the series	€ 35,134,093 Bank debt 2023: € 35,134,093 ▼ 11% vs 2022 (€ 39,512,076) Favourable step	€ 30,756,111 Bank debt 2024: € 30,756,111 ▼ 12% vs 2023 (€ 35,134,093) Favourable step	€ 26,378,129 Bank debt 2025: € 26,378,129 ▼ 14% vs 2024 (€ 30,756,111) Favourable step	▼ 14%
Balance sheet total	€ 163,394,925 Balance sheet total 2022: € 163,394,925 First fiscal year in the series	€ 168,721,900 Balance sheet total 2023: € 168,721,900 ▲ 3% vs 2022 (€ 163,394,925) Unchanged	€ 170,632,811 Balance sheet total 2024: € 170,632,811 ▲ 1% vs 2023 (€ 168,721,900) Unchanged	€ 169,458,464 Balance sheet total 2025: € 169,458,464 ▼ 1% vs 2024 (€ 170,632,811) Unchanged	▼ 1%

Key figures of Hubstef, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to Hubstef?

What happened at Hubstef in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2027 Stefan Versele stepped down as director. NBB
2027 Gwijde Versele stepped down as director. NBB
2027 Matthias Versele stepped down as director. NBB
2027 Lode Versele stepped down as director. NBB
Apr 30, 2026 New annual accounts for financial year 2025: profit of € 13.4 million (▲ 8% vs 2024). Source: NBB ↗
2021 Stefan Versele became a director. NBB
2021 Gwijde Versele became a director. NBB
2021 Matthias Versele became a director. NBB

In short

From € 13.8 million profit in 2022 to € 13.4 million profit in 2025.

Best year ever: 2022, with € 13.8 million profit.

Paid out € 21.8 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Stefan Versele

Managing director

Also active at: Verlatrans, HELUCA, MOLENS MARIMAN, Duvaco, BOSMOLEN, FINVOL PSI, VERLABREED, R.P.S. +27 more

since 2021 · until 2027

Gwijde Versele

Managing director

Also active at: MOLENS MARIMAN, SOFINDEV IV, Granero Industrio, DIOFA

since 2021 · until 2027

Matthias Versele

Director

since 2021 · until 2027

Lode Versele

Director

Also active at: Verlatrans, HELUCA, R.P.S., VERLINFO, VERLA-SEEDS, Versele-Laga, OROPHARMA, ORLUX +8 more

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Nelemeersstraat 5

9830 Sint-Martens-Latem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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

Details

Company number

0427.053.584

VAT number

BE 0427.053.584

Registered office

Nelemeersstraat 5, 9830 Sint-Martens-Latem

Names & denominations

Hubstef

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 August 1984

Peppol

Active · Active since 20 Aug 2026

Activities · NACE

Overige financiële dienstverlening, neg

Activiteiten van holdings

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

Hubstef

Warning lights

Financials

What happened to Hubstef?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions