Financials
Financial year 2025
HB Composite from Pelt, company number BE0437961334, closed financial year 2025 with a result of € 18,792 after tax. For that financial year HB Composite recorded a gross margin of € 155,661 and equity of € 97,123. Compared with financial year 2023, the result moved from € -2,256 to € 18,792. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 97,123
▲ 24% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,792
▲ still € 2,256 loss in 2023
Profit after tax over the fiscal year.
€ 46,948
▲ € 46,945 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 32,123.
People and assets in 2025
3
Average over the fiscal year, from the social balance sheet.
€ 107,876
€ 36,000 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.
Debts at end 2025
€ 588,403
▲ € 582,003 vs 2023
Loans from banks and other lenders, long and short.
€ 530,677
Supplier invoices still open on the last day of the fiscal year.
€ 46,166
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -241 | - | € -197 | € 155,661 | ▲ € 155,858 |
| Profit after taxes | € 5,038 | € -1,297 | € -2,256 | € 18,792 | ▲ € 21,048 |
| Equity | € 696,885 | € 80,587 | € 78,331 | € 97,123 | ▲ 24% |
| Total debts | € 2,393 | € 619,544 | € 6,790 | € 1,178,960 | ▲ € 1.2 million |
| Cash | € 34 | € 13 | € 3 | € 46,948 | ▲ € 46,945 |
| Retained profit | € 631,885 | € 15,587 | € 13,331 | € 32,123 | ▲ 141% |
| Dividend | € 0 | € 615,000 | € 0 | € 0 | |
| Bank debt | € 2,393 | € 4,544 | € 6,400 | € 588,403 | ▲ € 582,003 |
| Balance sheet total | € 699,278 | € 700,131 | € 85,121 | € 1,276,083 | ▲ € 1.2 million |
| Employees (FTE) | - | - | - | 3 |
Key figures of HB Composite, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HB Composite?
What happened at HB Composite in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,792. Source: NBB ↗
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,038 profit in 2021 to € 18,792 profit in 2025.
Paid € 10,815 in corporate taxes since 2021.
Best year ever: 2025, with € 18,792 profit.
On average € 51,900 of value added per employee in 2025.
Management
Behind HB Composite is TPI BV.
Directors
According to the 2025 annual accounts
Director
Establishments
Establishment units
Physical locations of this company
Lindelsebaan 47
3900 Pelt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.961.334
- VAT number
- BE 0437.961.334
- Registered office
- Lindelsebaan 47, 3900 Pelt
- Names & denominations
- HB Composite
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 1989
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in hout
Activiteiten van holdings
Zagen en schaven van hout
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Handel in eigen onroerend goed
Holdings