What does RESIDENCE FRERE HUGO do?

RESIDENCE FRERE HUGO is a residential care institution in Walcourt. Public Limited, started on 2 September 1987, 1 establishment.

What is the address of RESIDENCE FRERE HUGO?

The registered office of RESIDENCE FRERE HUGO is located at Rue de la Fenderie(Wal) 15, 5650 Walcourt.

Is RESIDENCE FRERE HUGO still active?

Yes. According to the CBE (29 October 2026) RESIDENCE FRERE HUGO is active, legal situation “Normale toestand”, started on 2 September 1987.

Is RESIDENCE FRERE HUGO registered on Peppol?

Yes, RESIDENCE FRERE HUGO is registered on the Peppol network with ID 0208:0431916947.

What is the enterprise number of RESIDENCE FRERE HUGO?

The enterprise number of RESIDENCE FRERE HUGO is BE0431916947.

When was RESIDENCE FRERE HUGO founded?

RESIDENCE FRERE HUGO was founded on 2 September 1987.

Who are the directors of RESIDENCE FRERE HUGO?

According to the 2025 annual accounts, the directors of RESIDENCE FRERE HUGO are: ARGENSON GESTION FINANCE S.A..

Is RESIDENCE FRERE HUGO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 September 1987; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did RESIDENCE FRERE HUGO make in 2025?

RESIDENCE FRERE HUGO recorded a loss after taxes of € 70,189 in financial year 2025.

What is the revenue of RESIDENCE FRERE HUGO?

As a small company, RESIDENCE FRERE HUGO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,464,497.

How much does an employee at RESIDENCE FRERE HUGO earn?

The average wage cost per full-time employee at RESIDENCE FRERE HUGO was € 66,500 in 2025: staff costs of € 3.4 million for 51.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does RESIDENCE FRERE HUGO have?

According to the 2025 annual accounts, RESIDENCE FRERE HUGO has 51.8 full-time equivalents (FTE).

RESIDENCE FRERE HUGO (Public Limited) - Walcourt

Dossier RESIDENCE FRERE HUGO, printed on 29 October 2026 from databakkes.be/en/0431916947/residence-frere-hugo. 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.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

RESIDENCE FRERE HUGO from Walcourt, company number BE0431916947, closed financial year 2025 with a result of € -70,189 after tax. For that financial year RESIDENCE FRERE HUGO recorded a gross margin of € 3.5 million and equity of € -184,111. Compared with financial year 2024, the result moved from € -340,555 to € -70,189. 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 August 13, 2026.

What it is worth Caution

€ -184,111

▼ € 70,189 vs 2024

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

Loss Caution

€ -70,189

▲ 79 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 381,219

▲ 96% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -246,111.

People and assets in 2025

Full-time equivalents

51.8

▲ 2.4 vs 2024

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

Wage cost

€ 3.4 million

▲ 8% vs 2024

€ 66,500 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.

Vehicles and equipment

€ 92,100

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 328,491

▲ 15% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 305,101

▼ 2% vs 2024

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

Taxes and wages

€ 347,021

▲ 11% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,715,914 Gross margin 2022: € 2,715,914 First fiscal year in the series	€ 3,199,351 Gross margin 2023: € 3,199,351 ▲ 18% vs 2022 (€ 2,715,914) Favourable step	€ 2,914,996 Gross margin 2024: € 2,914,996 ▼ 9% vs 2023 (€ 3,199,351) Unfavourable step	€ 3,464,497 Gross margin 2025: € 3,464,497 ▲ 19% vs 2024 (€ 2,914,996) Favourable step	▲ 19%
Profit after taxes	€ -67,404 Profit after taxes 2022: € -67,404 First fiscal year in the series	€ -93,367 Profit after taxes 2023: € -93,367 ▼ € 25,962 vs 2022 (€ -67,404) Unfavourable step	€ -340,555 Profit after taxes 2024: € -340,555 ▼ € 247,189 vs 2023 (€ -93,367) Unfavourable step	€ -70,189 Profit after taxes 2025: € -70,189 ▲ € 270,366 vs 2024 (€ -340,555) Favourable step	▲ € 270,366
Equity	€ 320,000 Equity 2022: € 320,000 First fiscal year in the series	€ 226,633 Equity 2023: € 226,633 ▼ 29% vs 2022 (€ 320,000) Unfavourable step	€ -113,922 Equity 2024: € -113,922 ▼ € 340,555 vs 2023 (€ 226,633) Unfavourable step	€ -184,111 Equity 2025: € -184,111 ▼ € 70,189 vs 2024 (€ -113,922) Unfavourable step	▼ € 70,189
Total debts	€ 558,289 Total debts 2022: € 558,289 First fiscal year in the series	€ 776,080 Total debts 2023: € 776,080 ▲ 39% vs 2022 (€ 558,289) Unfavourable step	€ 1,014,032 Total debts 2024: € 1,014,032 ▲ 31% vs 2023 (€ 776,080) Unfavourable step	€ 1,333,932 Total debts 2025: € 1,333,932 ▲ 32% vs 2024 (€ 1,014,032) Unfavourable step	▲ 32%
Cash	€ 192,305 Cash 2022: € 192,305 First fiscal year in the series	€ 299,077 Cash 2023: € 299,077 ▲ 56% vs 2022 (€ 192,305) Favourable step	€ 194,600 Cash 2024: € 194,600 ▼ 35% vs 2023 (€ 299,077) Unfavourable step	€ 381,219 Cash 2025: € 381,219 ▲ 96% vs 2024 (€ 194,600) Favourable step	▲ 96%
Retained profit	€ 258,000 Retained profit 2022: € 258,000 First fiscal year in the series	€ 164,633 Retained profit 2023: € 164,633 ▼ 36% vs 2022 (€ 258,000) Unfavourable step	€ -175,922 Retained profit 2024: € -175,922 ▼ € 340,555 vs 2023 (€ 164,633) Unfavourable step	€ -246,111 Retained profit 2025: € -246,111 ▼ € 70,189 vs 2024 (€ -175,922) Unfavourable step	▼ € 70,189
Bank debt	€ 48,864 Bank debt 2022: € 48,864 First fiscal year in the series	€ 179,405 Bank debt 2023: € 179,405 ▲ 267% vs 2022 (€ 48,864) Unfavourable step	€ 284,676 Bank debt 2024: € 284,676 ▲ 59% vs 2023 (€ 179,405) Unfavourable step	€ 328,491 Bank debt 2025: € 328,491 ▲ 15% vs 2024 (€ 284,676) Unfavourable step	▲ 15%
Balance sheet total	€ 878,290 Balance sheet total 2022: € 878,290 First fiscal year in the series	€ 1,002,714 Balance sheet total 2023: € 1,002,714 ▲ 14% vs 2022 (€ 878,290) Unchanged	€ 900,110 Balance sheet total 2024: € 900,110 ▼ 10% vs 2023 (€ 1,002,714) Unchanged	€ 1,149,821 Balance sheet total 2025: € 1,149,821 ▲ 28% vs 2024 (€ 900,110) Unchanged	▲ 28%
Employees (FTE)	49.1 Employees (FTE) 2022: 49.1 First fiscal year in the series	49.5 Employees (FTE) 2023: 49.5 ▲ 0.4 vs 2022 (49.1) Unchanged	49.4 Employees (FTE) 2024: 49.4 ▼ 0.1 vs 2023 (49.5) Unchanged	51.8 Employees (FTE) 2025: 51.8 ▲ 2.4 vs 2024 (49.4) Unchanged	▲ 2.4

Key figures of RESIDENCE FRERE HUGO, 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 RESIDENCE FRERE HUGO?

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

Aug 13, 2026 New annual accounts for financial year 2025: loss of € 70,189. filed late Source: NBB ↗
2020 ARGENSON GESTION FINANCE S.A. became a director. NBB
Sep 18, 1987 New establishment in Walcourt. KBO
Sep 2, 1987 Start of the company according to the CBE. KBO

In short

From € 67,404 loss in 2022 to € 70,189 loss in 2025.

Paid € 2,555 in corporate taxes since 2022.

On average € 66,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ARGENSON GESTION FINANCE -ARGEF 100%

RESIDENCE FRERE HUGO

Behind RESIDENCE FRERE HUGO is ARGENSON GESTION FINANCE S.A.. The shares are held by ARGENSON GESTION FINANCE -ARGEF (100%).

Directors

According to the 2025 annual accounts

ARGENSON GESTION FINANCE S.A.

Director · represented by Jean-Michel VOYER

Also active at: SENIORIE BELLEVUE, RESIDENCE DU BON PASTEUR, GERIBRAY

since 2020

Shareholders

ARGENSON GESTION FINANCE -ARGEF

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Fenderie(Wal) 15

5650 Walcourt

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

Details

Company number

0431.916.947

VAT number

BE 0431.916.947

Registered office

Rue de la Fenderie(Wal) 15, 5650 Walcourt

Names & denominations

RESIDENCE FRERE HUGO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 September 1987

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Rusthuizen voor ouderen (ROB)

Rust- en verzorgingstehuizen

View on CBE Public ↗ Annual accounts (NBB) ↗

RESIDENCE FRERE HUGO

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Financials

What happened to RESIDENCE FRERE HUGO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions