Financials
Financial year 2025
Hestic from Torhout, company number BE0437937182, closed financial year 2025 with a result of € 889 after tax. For that financial year Hestic recorded a gross margin of € 26,916 and equity of € 56,132. Compared with financial year 2024, the result moved from € 2,798 to € 889. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2026.
€ 56,132
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 889
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 8,478
▲ 221% 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 € 35,680.
People and assets in 2025
€ 42,365
▲ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51,653
▲ 49% vs 2024
€ 11,600 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4,525
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,293
▼ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 23,184 | € -1,259 | € 19,391 | € 26,916 | ▲ 39% |
| Profit after taxes | € 12,863 | € -12,103 | € 2,798 | € 889 | ▼ 68% |
| Equity | € 104,548 | € 92,445 | € 95,243 | € 56,132 | ▼ 41% |
| Total debts | € 14,708 | € 2,167 | € 48,466 | € 61,233 | ▲ 26% |
| Cash | € 14,544 | € 4,056 | € 2,645 | € 8,478 | ▲ 221% |
| Retained profit | € 85,956 | € 73,853 | € 74,792 | € 35,680 | ▼ 52% |
| Bank debt | € 8,365 | € 0 | € 34,726 | € 51,653 | ▲ 49% |
| Balance sheet total | € 119,257 | € 94,612 | € 143,709 | € 117,365 | ▼ 18% |
Key figures of Hestic, 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 Hestic?
What happened at Hestic in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 889 (▼ 68% vs 2024). Source: NBB ↗
- New establishment in Torhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,863 profit in 2022 to € 889 profit in 2025.
Paid € 6,377 in corporate taxes since 2022.
Best year ever: 2022, with € 12,863 profit.
Management
Behind Hestic are Wannes Hillaert and Davy Seelde.
Directors
According to the 2025 annual accounts
Wannes Hillaert
Director
Davy Seelde
Director
Establishments
Establishment units
Physical locations of this company
Industrielaan 33 box C
8820 Torhout
Industrielaan 33
8820 Torhout
Active since 1 September 1989
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.937.182
- VAT number
- BE 0437.937.182
- Registered office
- Industrielaan 33 bus C, 8820 Torhout
- Names & denominations
- Hestic
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1989
- Peppol
- Active · Active since 2 Jun 2025
- Contact
- [email protected] +32471453686
- Activities · NACE
Schrijnwerk
Groothandel in bouwmaterialen, algemeen assortiment
Vervaardiging van keukenmeubelen
Plaatsen van vloerbedekking en wandbekleding van hout
Overige zakelijke dienstverlening, neg