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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 29.9 to 21.5.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HBS from Geel, company number BE0443480337, closed financial year 2025 with a result of € -90,801 after tax. For that financial year HBS recorded revenue of € 7.3 million and equity of € 181,827. Compared with financial year 2024, the result moved from € -2.9 million to € -90,801. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 181,827
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,801
▲ 97 % less loss than in 2024
Profit after tax over the fiscal year.
€ 879,345
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
People and assets in 2025
21.5
▼ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▼ 5% vs 2024
€ 71,700 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.
€ 42,398
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.3 million
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 243,409
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,450,053 | € 15,572,890 | € 10,927,266 | € 7,290,168 | ▼ 33% |
| Profit after taxes | € -100,489 | € -792,605 | € -2,896,936 | € -90,801 | ▲ € 2.8 million |
| Equity | € 2,462,169 | € 1,669,564 | € 272,628 | € 181,827 | ▼ 33% |
| Total debts | € 4,699,191 | € 5,885,141 | € 5,503,610 | € 2,918,638 | ▼ 47% |
| Cash | € 346,584 | € 392,592 | € 2,136,591 | € 879,345 | ▼ 59% |
| Land & buildings | € 2,200 | € 2,200 | € 2,200 | € 2,200 | |
| Retained profit | € 2,195,683 | € 1,403,079 | € -1,493,857 | € -1,584,658 | ▼ € 90,801 |
| Balance sheet total | € 7,161,360 | € 7,554,705 | € 5,776,239 | € 3,833,658 | ▼ 34% |
| Employees (FTE) | 27.7 | 29.9 | 26.4 | 21.5 | ▼ 4.9 |
Key figures of HBS, 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 HBS?
What happened at HBS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Manibel bv stepped down as director. NBB
- Jureco bv stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 90,801. Source: NBB ↗
- Manibel bv became a director. NBB
- Jureco bv became a director. NBB
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 100,489 loss in 2022 to € 90,801 loss in 2025.
Paid € 4,983 in corporate taxes since 2022.
Pays suppliers within 80 days on average.
Management
The stake of VANHOUT, Vanhout Projects comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HBSThe shares are held by VANHOUT (100%) and Vanhout Projects (0%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Lenaerts
Also active at: VANHOUT BILZEN, Vanhout Projects, VANHOUT, Carlyco, Isopearls, Colabora, Vanhout PPS, Korabo +16 more
since 2024 · until 2027
Director · represented by Ronny Eijckmans
Also active at: VANHOUT BILZEN, Vanhout Projects, VANHOUT, Carlyco, RABOT INVEST, Isopearls, Colabora, Vanhout PPS +18 more
since 2024 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lammerdries 12
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
All companies at this address →Vanhout Projects same network
€ 1.9 million revenue · 2025
VANHOUT same network
€ 125 million revenue · 2025
Carlyco same network
€ -8,669 gross margin · 2025
SPORT EN RECREATIE WESTERLO
€ 502,538 revenue · 2025
Colabora same network
€ -17,368 gross margin · 2025
+40 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
- 0443.480.337
- VAT number
- BE 0443.480.337
- Registered office
- Lammerdries 12, 2440 Geel
- Names & denominations
- HBS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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