Financials
Financial year 2025
HS&P from Hasselt, company number BE0440261917, closed financial year 2025 with a result of € 9,959 after tax. For that financial year HS&P recorded a gross margin of € 563,509 and equity of € 231,266. Compared with financial year 2024, the result moved from € 114,016 to € 9,959. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 231,266
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,959
▼ 91% vs 2024
Profit after tax over the fiscal year.
€ 64,201
▼ 59% 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 € 212,666.
People and assets in 2025
8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 468,025
▲ 2% vs 2024
€ 58,500 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.
€ 32,240
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 130,184
€ 70,861 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 196,872
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,874
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 730,398 | € 685,025 | € 654,031 | € 563,509 | ▼ 14% |
| Profit after taxes | € 188,417 | € 103,843 | € 114,016 | € 9,959 | ▼ 91% |
| Equity | € 171,449 | € 172,292 | € 221,307 | € 231,266 | ▲ 5% |
| Total debts | € 874,996 | € 841,056 | € 547,681 | € 474,656 | ▼ 13% |
| Cash | € 47,159 | € 40,905 | € 155,688 | € 64,201 | ▼ 59% |
| Retained profit | € 152,849 | € 153,692 | € 202,707 | € 212,666 | ▲ 5% |
| Dividend | € 188,000 | € 103,000 | € 65,000 | € 0 | ▼ 100% |
| Bank debt | € 236,795 | € 178,542 | € 129,794 | € 130,184 | |
| Balance sheet total | € 1,046,445 | € 1,013,348 | € 768,988 | € 705,923 | ▼ 8% |
| Employees (FTE) | 7.9 | 8.1 | 8.2 | 8 | ▼ 0.2 |
Key figures of HS&P, 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 HS&P?
What happened at HS&P in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,959 (▼ 91% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 188,417 profit in 2022 to € 9,959 profit in 2025.
Paid € 114,735 in corporate taxes since 2022.
Best year ever: 2022, with € 188,417 profit.
On average € 70,400 of value added per employee in 2025.
Management
The stake of Holdup, IBA Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HS&PBehind HS&P are Boekhoudkantoor Meersman Consulting & Partners BV, KWL JACOBS BV, Hoko BV, SINICO BV and IBA Group BV. The shares are held by Holdup (100%) and IBA Group (100%).
Directors
According to the 2025 annual accounts
Boekhoudkantoor Meersman Consulting & Partners BV
Director · represented by Kurt Meersman
Also active at: IBA Immo, I.B.A. Integraal bedrijfsadvies, IBA - T, IBA Holding, IBA ANTWERPEN, BILMEYER, IBA Partners, IBA Group
Director · represented by Jacobs Koen
Director · represented by Koen Kortleven
Also active at: IBA Immo, I.B.A. Integraal bedrijfsadvies, IBA - T, OLD RED BARN, IBA Holding, IBA ANTWERPEN, BILMEYER, IBA Partners +1 more
Director · represented by Corthouts Philip
Director · represented by Olivier Nicolas
Also active at: I.B.A. Integraal bedrijfsadvies, IBA - T, IBA ANTWERPEN
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ilgatlaan 3
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →HET MAGAZIJN
€ 201,851 gross margin · 2025
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€ -1,867 gross margin · 2024
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€ -22,128 gross margin · 2024
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€ 82,502 gross margin · 2024
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€ 50,895 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.261.917
- VAT number
- BE 0440.261.917
- Registered office
- Ilgatlaan 3, 3500 Hasselt
- Names & denominations
- HS&P
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1989
- Peppol
- Active · Active since 22 Sept 2025
- Activities · NACE
Boekhouders
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten