Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DE HOUTWORM from Nijlen, company number BE0438861949, closed financial year 2025 with a result of € 37,799 after tax. For that financial year DE HOUTWORM recorded a gross margin of € 96,112 and equity of € -143,741. Compared with financial year 2024, the result moved from € -30,520 to € 37,799. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ -143,741
▲ € 37,799 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,799
▲ still € 30,520 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -158,615.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 50,963
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,955
▲ 59% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,487
Loans from banks and other lenders, long and short.
€ 40,081
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,466
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,215 | € 11,032 | € 57,265 | € 96,112 | ▲ 68% |
| Profit after taxes | € -81,083 | € -80,466 | € -30,520 | € 37,799 | ▲ € 68,320 |
| Equity | € -70,553 | € -151,020 | € -181,540 | € -143,741 | ▲ € 37,799 |
| Total debts | € 172,209 | € 203,422 | € 203,857 | € 182,138 | ▼ 11% |
| Cash | € 8,271 | € 0 | - | - | |
| Retained profit | € -85,427 | € -165,893 | € -196,414 | € -158,615 | ▲ € 37,799 |
| Bank debt | € 0 | € 216 | € 6,470 | € 6,487 | |
| Balance sheet total | € 101,656 | € 52,402 | € 22,317 | € 38,397 | ▲ 72% |
Key figures of DE HOUTWORM, 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 DE HOUTWORM?
What happened at DE HOUTWORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,799. Source: NBB ↗
- LUC HEYLEN became a director. NBB
- New establishment in Nijlen. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,083 loss in 2022 to € 37,799 profit in 2025.
Paid € 2,958 in corporate taxes since 2022.
Best year ever: 2025, with € 37,799 profit.
Management
Behind DE HOUTWORM is LUC HEYLEN.
Directors
According to the 2025 annual accounts
LUC HEYLEN
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Jef Verheyenhof 9
2560 Nijlen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.861.949
- VAT number
- BE 0438.861.949
- Registered office
- Jef Verheyenhof 9, 2560 Nijlen
- Names & denominations
- DE HOUTWORM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 November 1989
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Schrijnwerk
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen