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 60 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HUIS MARIA HULSTE from Harelbeke, company number BE0436596604, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year HUIS MARIA HULSTE recorded a gross margin of € 3.2 million and equity of € 6.4 million. Compared with financial year 2024, the result moved from € 1.3 million to € 1.1 million. 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 June 18, 2026.
€ 6.4 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 485,850
▲ 16% 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 € 5.7 million.
People and assets in 2025
32.8
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 5% vs 2024
€ 45,000 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.
€ 46,688
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 256,288
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,366,974 | € 2,977,935 | € 3,303,837 | € 3,203,332 | ▼ 3% |
| Profit after taxes | € 734,859 | € 1,003,650 | € 1,253,598 | € 1,123,785 | ▼ 10% |
| Equity | € 1,834,950 | € 4,374,645 | € 5,248,423 | € 6,372,208 | ▲ 21% |
| Total debts | € 2,700,378 | € 1,528,961 | € 1,365,682 | € 1,317,522 | ▼ 4% |
| Cash | € 1,062,098 | € 686,212 | € 418,751 | € 485,850 | ▲ 16% |
| Land & buildings | € 1,677,657 | € 3,075,357 | € 3,117,886 | € 3,056,773 | ▼ 2% |
| Retained profit | € 1,772,950 | € 3,749,502 | € 4,623,281 | € 5,747,066 | ▲ 24% |
| Dividend | € 1,611,885 | € 0 | € 0 | € 0 | |
| Bank debt | € 37,500 | € 7,500 | € 0 | € 0 | |
| Balance sheet total | € 4,535,328 | € 5,903,605 | € 6,976,247 | € 8,034,194 | ▲ 15% |
| Employees (FTE) | 28.6 | 36.3 | 34.1 | 32.8 | ▼ 1.3 |
Key figures of HUIS MARIA HULSTE, 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 HUIS MARIA HULSTE?
What happened at HUIS MARIA HULSTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 10% vs 2024). Source: NBB ↗
- Fleur de Ciel BV became a director. NBB
- Bieke Debrandere BV became a director. NBB
- JOHAN DEBRANDERE NV became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 734,859 profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.3 million profit.
On average € 97,700 of value added per employee in 2025.
Management
The stake of DEBRANDERE, JOHAN DEBRANDERE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HUIS MARIA HULSTEBehind HUIS MARIA HULSTE are Fleur de Ciel BV, Bieke Debrandere BV and JOHAN DEBRANDERE NV. The shares are held by DEBRANDERE (100%) and JOHAN DEBRANDERE (100%).
Directors
According to the 2025 annual accounts
since 2025
Director · represented by Debrandere Bieke Maria
Also active at: HUIS MARIA LEDEGEM
since 2025
Managing director · represented by Debrandere Johan Herman
Also active at: HUIS MARIA LEDEGEM
since 2025
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 9
8531 Harelbeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.596.604
- VAT number
- BE 0436.596.604
- Registered office
- Brugsesteenweg 9, 8531 Harelbeke
- Names & denominations
- HUIS MARIA HULSTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Overige niet-gespecialiseerde detailhandel
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)