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 19 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DIVINS from Huy, company number BE0437744073, closed financial year 2026 with a result of € 29,364 after tax. For that financial year DIVINS recorded a gross margin of € 472,347 and equity of € 673,600. Compared with financial year 2025, the result moved from € -224,035 to € 29,364. 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 September 30, 2026.
€ 673,600
▲ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,364
▲ still € 224,035 loss in 2025
Profit after tax over the fiscal year.
€ 11,885
▼ 4% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -98,121.
People and assets in 2026
9.2
▲ 0.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 290,053
▼ 23% vs 2025
€ 31,500 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.
€ 32,059
▲ 126% vs 2025
Of which on lease € 24,346.
Debts at end 2026
€ 430,349
▲ 14% vs 2025
€ 96,384 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 258,857
▼ 45% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 48,356
▼ 33% vs 2025
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 301,515 | € 421,984 | € 420,256 | € 472,347 | ▲ 12% |
| Profit after taxes | € 5,045 | € 16,055 | € -224,035 | € 29,364 | ▲ € 253,400 |
| Equity | € 114,825 | € 127,000 | € 648,116 | € 673,600 | ▲ 4% |
| Total debts | € 1,133,322 | € 1,007,161 | € 923,011 | € 738,872 | ▼ 20% |
| Cash | € 101,154 | € 63,002 | € 12,399 | € 11,885 | ▼ 4% |
| Land & buildings | € 257,466 | € 217,689 | € 938,477 | € 855,489 | ▼ 9% |
| Retained profit | € 80,495 | € 96,550 | € -127,485 | € -98,121 | ▲ € 29,364 |
| Dividend | € 50,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 560,645 | € 449,146 | € 376,722 | € 430,349 | ▲ 14% |
| Balance sheet total | € 1,254,979 | € 1,139,236 | € 1,574,005 | € 1,413,593 | ▼ 10% |
| Employees (FTE) | 6.4 | 7.6 | 8.6 | 9.2 | ▲ 0.6 |
Key figures of DIVINS, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DIVINS?
What happened at DIVINS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 29,364. Source: NBB ↗
- New establishment in Huy. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,045 profit in 2022 to € 29,364 profit in 2026.
Paid € 13,510 in corporate taxes since 2022.
Best year ever: 2026, with € 29,364 profit.
On average € 51,300 of value added per employee in 2026.
Management
Behind DIVINS are Laurent MINETTE, Tanguy VAN ACKERE and Etienne MINETTE.
Directors
According to the 2026 annual accounts
Laurent MINETTE
Director
Tanguy VAN ACKERE
Director
Etienne MINETTE
Director
Establishments
Establishment units
Physical locations of this company
Grand-Route 57
4500 Huy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.744.073
- VAT number
- BE 0437.744.073
- Registered office
- Grand-Route 57, 4500 Huy
- Names & denominations
- DIVINS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1989
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
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