Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 15.5 to 12.9.
Financials
Financial year 2025
GEARCRAFT - VANHOUTTE from Waregem, company number BE0443787965, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year GEARCRAFT - VANHOUTTE recorded a gross margin of € 3.5 million and equity of € 11.7 million. Compared with financial year 2024, the result moved from € 1.5 million to € 1.4 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2026.
€ 11.7 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 3.3 million
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 650,000 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12.9
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 917,561
▲ 4% vs 2024
€ 71,100 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.
€ 39,987
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 10% vs 2024
€ 130,850 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 322,020
▲ 148% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 140,425
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,876,692 | € 2,951,799 | € 3,304,287 | € 3,534,885 | ▲ 7% |
| Profit after taxes | € 1,036,458 | € 1,173,793 | € 1,464,110 | € 1,402,961 | ▼ 4% |
| Equity | € 9,367,060 | € 10,140,852 | € 10,954,963 | € 11,707,924 | ▲ 7% |
| Total debts | € 2,376,719 | € 2,225,481 | € 2,337,228 | € 2,375,364 | ▲ 2% |
| Cash | € 3,781,051 | € 2,246,870 | € 2,707,539 | € 3,265,663 | ▲ 21% |
| Land & buildings | € 2,249,247 | € 2,071,808 | € 1,894,369 | € 1,716,929 | ▼ 9% |
| Retained profit | € 9,242,060 | € 10,015,852 | € 10,829,963 | € 11,582,924 | ▲ 7% |
| Dividend | € 375,000 | € 400,000 | € 650,000 | € 650,000 | |
| Bank debt | € 1,556,375 | € 1,425,525 | € 1,294,675 | € 1,163,825 | ▼ 10% |
| Balance sheet total | € 11,823,433 | € 12,439,740 | € 13,359,350 | € 14,144,199 | ▲ 6% |
| Employees (FTE) | 14.5 | 15.5 | 14.9 | 12.9 | ▼ 2 |
Key figures of GEARCRAFT - VANHOUTTE, 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 April 2027.
What happened to GEARCRAFT - VANHOUTTE?
What happened at GEARCRAFT - VANHOUTTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fredvan Comm.V stepped down as director. NBB
- Pol Vanhoutte stepped down as director. NBB
- Gunvan Comm.V stepped down as director. NBB
- Fregu BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 996,492 in corporate taxes since 2022.
Best year ever: 2024, with € 1.5 million profit.
On average € 274,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Director · represented by Frederiek Vanhoutte
· until 2031
· until 2031
Director · represented by Gunther Vanhoutte
· until 2031
Director · represented by Maria Coucke
· until 2031
Establishments
Establishment units
Physical locations of this company
Kalkhoevestraat 32
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0443.787.965
- VAT number
- BE 0443.787.965
- Registered office
- Kalkhoevestraat 32, 8790 Waregem
- Names & denominations
- GEARCRAFT - VANHOUTTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1991
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van andere gereedschapswerktuigen, n.e.g.
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen