What does GOLF D'HULENCOURT do?

GOLF D'HULENCOURT is a sports facility in Genappe. Public Limited, started on 22 July 1988, 1 establishment.

What is the address of GOLF D'HULENCOURT?

The registered office of GOLF D'HULENCOURT is located at Trou du Bois-Bruyère Hulencourt 15, 1472 Genappe.

Is GOLF D'HULENCOURT still active?

Yes. According to the CBE (29 October 2026) GOLF D'HULENCOURT is active, legal situation “Normale toestand”, started on 22 July 1988.

Is GOLF D'HULENCOURT registered on Peppol?

Yes, GOLF D'HULENCOURT is registered on the Peppol network with ID 0208:0434893956.

What is the enterprise number of GOLF D'HULENCOURT?

The enterprise number of GOLF D'HULENCOURT is BE0434893956.

When was GOLF D'HULENCOURT founded?

GOLF D'HULENCOURT was founded on 22 July 1988.

Who are the directors of GOLF D'HULENCOURT?

According to the 2025 annual accounts, the directors of GOLF D'HULENCOURT are: Patrick SOLVAY.

Is GOLF D'HULENCOURT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 July 1988; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did GOLF D'HULENCOURT make in 2025?

GOLF D'HULENCOURT recorded a loss after taxes of € 5,118,171 in financial year 2025.

What is the revenue of GOLF D'HULENCOURT?

As a small company, GOLF D'HULENCOURT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -2,000,486.

How much does an employee at GOLF D'HULENCOURT earn?

The average wage cost per full-time employee at GOLF D'HULENCOURT was € 76,400 in 2025: staff costs of € 2.1 million for 28 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does GOLF D'HULENCOURT have?

According to the 2025 annual accounts, GOLF D'HULENCOURT has 28 full-time equivalents (FTE).

GOLF D'HULENCOURT (Public Limited) - Genappe

Dossier GOLF D'HULENCOURT, printed on 29 October 2026 from databakkes.be/en/0434893956/golf-d-hulencourt. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

GOLF D'HULENCOURT from Genappe, company number BE0434893956, closed financial year 2025 with a result of € -5.1 million after tax. For that financial year GOLF D'HULENCOURT recorded a gross margin of € -2 million and equity of € 8.9 million. Compared with financial year 2024, the result moved from € -3.8 million to € -5.1 million. The company made a loss. 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 June 3, 2026.

What it is worth Growing

€ 8.9 million

▲ 23% vs 2024

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

Loss Caution

€ -5.1 million

▼ 35 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 88,731

▼ 67% 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 € -39.7 million.

People and assets in 2025

Full-time equivalents

▲ 5.6 vs 2024

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

Wage cost

€ 2.1 million

▲ 21% vs 2024

€ 76,400 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.

Vehicles and equipment

€ 276,723

▼ 12% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 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.

€ 1.6 million

€ 321,000 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 1.1 million

▼ 3% vs 2024

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

Taxes and wages

€ 475,456

▲ € 358,118 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	€ -741,651 Gross margin 2022: € -741,651 First fiscal year in the series	€ -724,958 Gross margin 2023: € -724,958 ▲ € 16,693 vs 2022 (€ -741,651) Favourable step	€ -555,618 Gross margin 2024: € -555,618 ▲ € 169,341 vs 2023 (€ -724,958) Favourable step	€ -2,000,486 Gross margin 2025: € -2,000,486 ▼ € 1.4 million vs 2024 (€ -555,618) Unfavourable step	▼ € 1.4 million
Profit after taxes	€ -2,759,115 Profit after taxes 2022: € -2,759,115 First fiscal year in the series	€ -2,760,882 Profit after taxes 2023: € -2,760,882 Unchanged (€ -2,759,115) Unfavourable step	€ -3,803,172 Profit after taxes 2024: € -3,803,172 ▼ € 1 million vs 2023 (€ -2,760,882) Unfavourable step	€ -5,118,171 Profit after taxes 2025: € -5,118,171 ▼ € 1.3 million vs 2024 (€ -3,803,172) Unfavourable step	▼ € 1.3 million
Equity	€ 10,160,456 Equity 2022: € 10,160,456 First fiscal year in the series	€ 11,038,578 Equity 2023: € 11,038,578 ▲ 9% vs 2022 (€ 10,160,456) Favourable step	€ 7,235,406 Equity 2024: € 7,235,406 ▼ 34% vs 2023 (€ 11,038,578) Unfavourable step	€ 8,876,817 Equity 2025: € 8,876,817 ▲ 23% vs 2024 (€ 7,235,406) Favourable step	▲ 23%
Total debts	€ 2,899,013 Total debts 2022: € 2,899,013 First fiscal year in the series	€ 1,398,994 Total debts 2023: € 1,398,994 ▼ 52% vs 2022 (€ 2,899,013) Favourable step	€ 3,897,249 Total debts 2024: € 3,897,249 ▲ 179% vs 2023 (€ 1,398,994) Unfavourable step	€ 3,119,773 Total debts 2025: € 3,119,773 ▼ 20% vs 2024 (€ 3,897,249) Favourable step	▼ 20%
Cash	€ 405,206 Cash 2022: € 405,206 First fiscal year in the series	€ 256,086 Cash 2023: € 256,086 ▼ 37% vs 2022 (€ 405,206) Unfavourable step	€ 267,194 Cash 2024: € 267,194 ▲ 4% vs 2023 (€ 256,086) Favourable step	€ 88,731 Cash 2025: € 88,731 ▼ 67% vs 2024 (€ 267,194) Unfavourable step	▼ 67%
Land & buildings	€ 9,511,369 Land & buildings 2022: € 9,511,369 First fiscal year in the series	€ 8,964,814 Land & buildings 2023: € 8,964,814 ▼ 6% vs 2022 (€ 9,511,369) Unchanged	€ 8,342,737 Land & buildings 2024: € 8,342,737 ▼ 7% vs 2023 (€ 8,964,814) Unchanged	€ 9,078,983 Land & buildings 2025: € 9,078,983 ▲ 9% vs 2024 (€ 8,342,737) Unchanged	▲ 9%
Retained profit	€ -28,011,181 Retained profit 2022: € -28,011,181 First fiscal year in the series	€ -30,772,062 Retained profit 2023: € -30,772,062 ▼ € 2.8 million vs 2022 (€ -28,011,181) Unfavourable step	€ -34,575,234 Retained profit 2024: € -34,575,234 ▼ € 3.8 million vs 2023 (€ -30,772,062) Unfavourable step	€ -39,693,405 Retained profit 2025: € -39,693,405 ▼ € 5.1 million vs 2024 (€ -34,575,234) Unfavourable step	▼ € 5.1 million
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,570,338 Bank debt 2025: € 1,570,338 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 13,059,468 Balance sheet total 2022: € 13,059,468 First fiscal year in the series	€ 12,437,572 Balance sheet total 2023: € 12,437,572 ▼ 5% vs 2022 (€ 13,059,468) Unchanged	€ 11,132,654 Balance sheet total 2024: € 11,132,654 ▼ 10% vs 2023 (€ 12,437,572) Unchanged	€ 11,996,591 Balance sheet total 2025: € 11,996,591 ▲ 8% vs 2024 (€ 11,132,654) Unchanged	▲ 8%
Employees (FTE)	20.8 Employees (FTE) 2022: 20.8 First fiscal year in the series	18.7 Employees (FTE) 2023: 18.7 ▼ 2.1 vs 2022 (20.8) Unchanged	22.4 Employees (FTE) 2024: 22.4 ▲ 3.7 vs 2023 (18.7) Unchanged	28 Employees (FTE) 2025: 28 ▲ 5.6 vs 2024 (22.4) Unchanged	▲ 5.6

Key figures of GOLF D'HULENCOURT, 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 GOLF D'HULENCOURT?

What happened at GOLF D'HULENCOURT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Patrick SOLVAY stepped down as director. NBB
Jun 3, 2026 New annual accounts for financial year 2025: loss of € 5.1 million. Source: NBB ↗
2024 Patrick SOLVAY became a director. NBB
Aug 18, 1988 New establishment in Genappe. KBO
Jul 22, 1988 Start of the company according to the CBE. KBO

In short

From € 2.8 million loss in 2022 to € 5.1 million loss in 2025.

Paid € 248 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

GOLF D'HULENCOURT

SERVING.HU SRL 50%

It owns 50% of SERVING.HU SRL itself.

Directors

According to the 2025 annual accounts

Patrick SOLVAY

Director

since 2024 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Trou du Bois-Bruyère Hulencourt 15

1472 Genappe

2.039.736.685

Trou du Bois 15

1472 Genappe

Active since 18 August 1988

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 →

Golf Club d'Hulencourt

Unité TVA GOLF D'HULENCOURT

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

Details

Company number

0434.893.956

VAT number

BE 0434.893.956

Registered office

Trou du Bois-Bruyère Hulencourt 15, 1472 Genappe

Names & denominations

GOLF D'HULENCOURT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 July 1988

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Exploitatie van sportaccommodaties

Exploitatie van overige sportinstallaties en -accomodaties

Gespecialiseerde detailhandel in sport- en kampeerartikelen

Kinderdagverblijven, onthaalmoeders en overige kinderopvang, ook indien voor gehandicapte kinderen

Kinderdagverblijven en crèches

Detailhandel in overige sportartikelen

Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

GOLF D'HULENCOURT

Warning lights

Financials

What happened to GOLF D'HULENCOURT?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions