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 47 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
HUBRECHTS from Peer, company number BE0438290243, closed financial year 2024 with a result of € 23,382 after tax. For that financial year HUBRECHTS recorded a gross margin of € 444,859 and equity of € 352,807. Compared with financial year 2023, the result moved from € -125,476 to € 23,382. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 25, 2025.
€ 352,807
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,382
▲ still € 125,476 loss in 2023
Profit after tax over the fiscal year.
€ 22,978
▼ 54% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 228,807.
People and assets in 2024
7.1
▲ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 304,643
▲ 15% vs 2023
€ 42,900 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.
€ 17,674
▲ 71% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 713,430
▼ 8% vs 2023
€ 73,102 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 387,003
▼ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 33,693
▲ 9% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 415,278 | € 375,407 | € 444,859 | ▲ 19% |
| Profit after taxes | € 4,621 | € -125,476 | € 23,382 | ▲ € 148,859 |
| Equity | € 454,901 | € 329,425 | € 352,807 | ▲ 7% |
| Total debts | € 1,543,148 | € 1,359,315 | € 1,286,604 | ▼ 5% |
| Cash | € 51,924 | € 50,496 | € 22,978 | ▼ 54% |
| Land & buildings | € 436,183 | € 390,851 | € 343,032 | ▼ 12% |
| Retained profit | € 330,901 | € 205,425 | € 228,807 | ▲ 11% |
| Bank debt | € 838,862 | € 772,358 | € 713,430 | ▼ 8% |
| Balance sheet total | € 1,998,049 | € 1,688,740 | € 1,639,411 | ▼ 3% |
| Employees (FTE) | 8.4 | 6.7 | 7.1 | ▲ 0.4 |
Key figures of HUBRECHTS, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to HUBRECHTS?
What happened at HUBRECHTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 23,382. Source: NBB ↗
- Hilde Hubrechts became a director. NBB
- Veerle Hubrechts became a director. NBB
- New establishment in Oudsbergen. KBO
- New establishment in Peer. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,621 profit in 2022 to € 23,382 profit in 2024.
Paid € 654 in corporate taxes since 2022.
Best year ever: 2024, with € 23,382 profit.
On average € 62,700 of value added per employee in 2024.
Management
Behind HUBRECHTS are Hilde Hubrechts and Veerle Hubrechts.
Directors
According to the 2024 annual accounts
Hilde Hubrechts
Director
since 2010
Veerle Hubrechts
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Sparrenstraat 4b
3990 Peer
Sparrenstraat 4 box b
3990 Peer
Active since 5 October 1989
Nijverheidslaan 1503
3660 Oudsbergen
Active since 26 January 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.290.243
- VAT number
- BE 0438.290.243
- Registered office
- Sparrenstraat 4b, 3990 Peer
- Names & denominations
- HUBRECHTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1989
- Peppol
- Active · Active since 24 Feb 2026
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