Financials
Financial year 2025
'H from Sint-Joost-ten-Node, company number BE0447918482, closed financial year 2025 with a result of € 2,023 after tax. For that financial year 'H recorded a gross margin of € 104,188 and equity of € 297,949. Compared with financial year 2024, the result moved from € 17,448 to € 2,023. 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 December 8, 2025.
€ 297,949
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,023
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 68,944
▼ 45% 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 € -569,051.
Debts at end 2025
€ 29,664
▼ 22% vs 2024
€ 8,672 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 96
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,020
▼ 86% 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 | € 248,525 | € 183,940 | € 111,885 | € 104,188 | ▼ 7% |
| Profit after taxes | € 488 | € 5,802 | € 17,448 | € 2,023 | ▼ 88% |
| Equity | € 272,676 | € 278,478 | € 295,926 | € 297,949 | ▲ 1% |
| Total debts | € 639,486 | € 548,722 | € 542,959 | € 437,891 | ▼ 19% |
| Cash | € 38,647 | € 59,395 | € 126,422 | € 68,944 | ▼ 45% |
| Land & buildings | € 618,441 | € 591,635 | € 560,362 | € 531,556 | ▼ 5% |
| Retained profit | € -594,324 | € -588,522 | € -571,074 | € -569,051 | |
| Bank debt | € 64,830 | € 49,032 | € 38,148 | € 29,664 | ▼ 22% |
| Balance sheet total | € 912,162 | € 827,201 | € 838,885 | € 735,840 | ▼ 12% |
Key figures of 'H, 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 'H?
What happened at 'H in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lou KACENELENBOGEN stepped down as director. NBB
- Michel KACENELENBOGEN stepped down as director. NBB
- Jeanne KACENELENBOGEN stepped down as director. NBB
- Patricia IDE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,023 (▼ 88% vs 2024). Source: NBB ↗
- Lou KACENELENBOGEN became a director. NBB
- Michel KACENELENBOGEN became a director. NBB
- Jeanne KACENELENBOGEN became a director. NBB
In short
From € 488 profit in 2022 to € 2,023 profit in 2025.
Paid € 16,222 in corporate taxes since 2022.
Best year ever: 2024, with € 17,448 profit.
Management
The stake of WELLS & B comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
'HThe shares are held by WELLS & B (21.9%). It owns 3.3% of SEMEB en liquidation itself.
Directors
According to the 2025 annual accounts
Shareholders
21.9%
Participations
3.3%
Establishments
Establishment units
Physical locations of this company
Braemtstraat 64-70
1210 Sint-Joost-ten-Node
Braemtstraat 64 7
1210 Sint-Joost-ten-Node
Active since 29 September 1992
Braemtstraat 64 7
1210 Sint-Joost-ten-Node
Active since 29 September 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.918.482
- VAT number
- BE 0447.918.482
- Registered office
- Braemtstraat 64-70, 1210 Sint-Joost-ten-Node
- Names & denominations
- 'H
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1992
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