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 35 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CROWN ENTERPRISES from Hooglede, company number BE0428047142, closed financial year 2025 with a result of € 501,112 after tax. For that financial year CROWN ENTERPRISES recorded revenue of € 1.8 million and equity of € 8.7 million. Compared with financial year 2024, the result moved from € 111,493 to € 501,112. 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 July 15, 2026.
€ 8.7 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 501,112
▲ € 389,619 vs 2024
Profit after tax over the fiscal year.
€ 126,405
▲ € 97,680 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 € 3.8 million.
People and assets in 2025
€ 12,244
▼ 81% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.1 million
▲ 8% vs 2024
€ 929,229 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2 million
▲ € 1.5 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1000 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,662,518 | € 1,678,920 | € 2,583,330 | € 1,846,122 | ▼ 29% |
| Profit after taxes | € -1,039,119 | € 31,493 | € 111,493 | € 501,112 | ▲ € 389,619 |
| Equity | € 8,105,608 | € 8,137,101 | € 8,248,594 | € 8,749,706 | ▲ 6% |
| Total debts | € 14,325,936 | € 19,786,848 | € 22,857,518 | € 25,997,313 | ▲ 14% |
| Cash | € 2,615 | € 4,917 | € 28,725 | € 126,405 | ▲ € 97,680 |
| Land & buildings | € 14,082,233 | € 14,021,194 | € 12,848,221 | € 13,604,751 | ▲ 6% |
| Retained profit | € 3,181,744 | € 3,213,237 | € 3,324,730 | € 3,825,842 | ▲ 15% |
| Bank debt | € 7,727,735 | € 8,964,433 | € 6,546,421 | € 7,101,579 | ▲ 8% |
| Balance sheet total | € 23,815,844 | € 29,277,330 | € 32,428,572 | € 36,038,560 | ▲ 11% |
Key figures of CROWN ENTERPRISES, 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 CROWN ENTERPRISES?
What happened at CROWN ENTERPRISES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Paul Jonnaert stepped down as director. NBB
- Joaquin Jonnaert stepped down as director. NBB
- Thibault Jonnaert stepped down as director. NBB
- Inge Hoet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 501,112 (▲ € 389,619 vs 2024). Source: NBB ↗
- Joaquin Jonnaert became a director. NBB
- Jean-Paul Jonnaert became a director. NBB
- Thibault Jonnaert became a director. NBB
In short
From € 1 million loss in 2022 to € 501,112 profit in 2025.
Paid € 17,451 in corporate taxes since 2022.
Best year ever: 2025, with € 501,112 profit.
Management
The stake of IMMO - HOET, TURBO'S HOET INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CROWN ENTERPRISESThe shares are held by IMMO - HOET (72.4%) and TURBO'S HOET INVEST (26%). It owns 100% of TheSoftWareCompany, 100% of Ecogro, 100% of Xpower, 100% of Pelgrimo and 0.3% of TheTruckCompany Construction & Service itself.
Directors
According to the 2025 annual accounts
Jean-Paul Jonnaert
Managing director
Also active at: IMMO - HOET, YELLOWSTONE, SOMATI VEHICLES, Mr Lease, Ecogro, TheTruckCompany Group, HPA - South America, TheSoftwareCompany +2 more
since 2022 · until 2027
since 2022 · until 2027
Thibault Jonnaert
Managing director
Also active at: TheTruckCompany Construction & Service, Trucks & Trailors Invest, TRUCKS AND TRAILERS INTERNATIONAL BELGIUM, YELLOWSTONE, SOMATI VEHICLES, TJ Investments, Hypercharge, DeLeuckere +3 more
since 2022 · until 2027
Inge Hoet
Managing director
since 2021 · until 2027
Shareholders
72.4%
Participations
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Ieperstraat 146
8830 Hooglede
Bruggesteenweg 223
8830 Hooglede
Active since 22 November 1985
Diksmuidesteenweg 27B
8830 Hooglede
Active since 1 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →TheTruckCompany Construction & Service same network
€ 13.2 million revenue · 2025
IMMO - HOET same network
€ 303,615 revenue · 2025
Trucks & Trailors Invest same network
€ -419 gross margin · 2025
TURBO'S HOET INVEST same network
€ 4.7 million revenue · 2025
HP AUTOMOTIVE
€ 7.6 million revenue · 2025
+5 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
- 0428.047.142
- VAT number
- BE 0428.047.142
- Registered office
- Ieperstraat 146, 8830 Hooglede
- Names & denominations
- CROWN ENTERPRISES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1985
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Aquacultuur in zoet water
Detailhandel in huisdieren, voer voor huisdieren en benodigdheden daarvoor
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
+4