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 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOF TER STEENE from Aalter, company number BE0443651967, closed financial year 2025 with a result of € 118,412 after tax. For that financial year HOF TER STEENE recorded a gross margin of € 161,026 and equity of € 128,576. Compared with financial year 2024, the result moved from € -250,365 to € 118,412. Profitable, and profit is growing. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 128,576
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 118,412
▲ still € 250,365 loss in 2024
Profit after tax over the fiscal year.
€ 22,286
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 264,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,489
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 198,500
Loans from banks and other lenders, long and short.
€ 6,815
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,823
▲ € 13,437 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 92,661 | € 88,992 | € 64,596 | € 161,026 | ▲ 149% |
| Profit after taxes | € 24,491 | € 82,344 | € -250,365 | € 118,412 | ▲ € 368,778 |
| Equity | € 2,512,185 | € 2,524,529 | € 274,164 | € 128,576 | ▼ 53% |
| Total debts | € 224,421 | € 293,267 | € 2,248,360 | € 2,605,827 | ▲ 16% |
| Cash | € 786,455 | € 312,040 | € 32,318 | € 22,286 | ▼ 31% |
| Land & buildings | € 1,197,027 | € 1,176,090 | € 862,607 | € 1,109,533 | ▲ 29% |
| Retained profit | € 2,450,685 | € 2,463,029 | € 212,664 | € 67,076 | ▼ 68% |
| Dividend | € 0 | € 70,000 | € 2,000,000 | € 264,000 | ▼ 87% |
| Bank debt | € 198,500 | € 198,500 | € 198,500 | € 198,500 | |
| Balance sheet total | € 2,822,604 | € 2,901,845 | € 2,604,623 | € 2,757,057 | ▲ 6% |
Key figures of HOF TER STEENE, fiscal years 2022 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 HOF TER STEENE?
What happened at HOF TER STEENE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Spiesschaert Annelies COMMV stepped down as director. NBB
- Ivan Spiesschaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 118,412. filed late Source: NBB ↗
- Spiesschaert Annelies COMMV became a director. NBB
- Ivan Spiesschaert became a director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,491 profit in 2022 to € 118,412 profit in 2025.
Paid € 17,218 in corporate taxes since 2022.
Best year ever: 2025, with € 118,412 profit.
Paid out € 2.3 million in dividends to the owners in total.
Management
It owns 10.7% of Spiesschaert-Dendauw itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Spiesschaert ANNELIES
since 2022 · until 2027
since 2022 · until 2027
Establishments
Establishment units
Physical locations of this company
Vinktsestraat 11 box 1
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.651.967
- VAT number
- BE 0443.651.967
- Registered office
- Vinktsestraat 11 bus 1, 9880 Aalter
- Names & denominations
- HOF TER STEENE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 1991
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Diverse administratieve activiteiten ten behoeve van kantoren