Financials
Financial year 2024
Frank Van Hecke from Gent, company number BE0450518874, closed financial year 2024 with a result of € -143,054 after tax. For that financial year Frank Van Hecke recorded a gross margin of € 752,258 and equity of € 899,227. Compared with financial year 2023, the result moved from € 1,122 to € -143,054. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2025.
€ 899,227
▼ 14% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -143,054
▼ still € 1,122 profit in 2023
Profit after tax over the fiscal year.
€ 28,318
▼ 9% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 837,227.
People and assets in 2024
12
▲ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 831,889
▲ 12% vs 2023
€ 69,300 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.
€ 34,552
▼ 19% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 47,488
€ 22,773 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 240,994
▲ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 88,515
▲ 15% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 675,717 | € 625,238 | € 791,673 | € 752,258 | ▼ 5% |
| Profit after taxes | € 1,710 | € -15,183 | € 1,122 | € -143,054 | ▼ € 144,176 |
| Equity | € 1,056,342 | € 1,041,159 | € 1,042,281 | € 899,227 | ▼ 14% |
| Total debts | € 200,097 | € 236,644 | € 268,047 | € 376,997 | ▲ 41% |
| Cash | € 79,045 | € 26,729 | € 31,242 | € 28,318 | ▼ 9% |
| Land & buildings | - | € 757,622 | € 738,951 | € 720,281 | ▼ 3% |
| Retained profit | € 994,342 | € 979,159 | € 980,281 | € 837,227 | ▼ 15% |
| Bank debt | € 0 | € 45,000 | € 0 | € 47,488 | |
| Balance sheet total | € 1,256,439 | € 1,277,803 | € 1,310,328 | € 1,276,224 | ▼ 3% |
| Employees (FTE) | 10 | 9.8 | 10.3 | 12 | ▲ 1.7 |
Key figures of Frank Van Hecke, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Frank Van Hecke?
What happened at Frank Van Hecke in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 143,054 (▼ € 144,176 vs 2023). filed late Source: NBB ↗
- ETIENNE VAN HECKE became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,710 profit in 2021 to € 143,054 loss in 2024.
Paid € 53,316 in corporate taxes since 2021.
Best year ever: 2021, with € 1,710 profit.
On average € 62,700 of value added per employee in 2024.
Management
Behind Frank Van Hecke are FRANK VAN HECKE , ETIENNE VAN HECKE and LUCRECE DE SCHOENMACKER. ETIENNE VAN HECKE is also behind ELMEC. LUCRECE DE SCHOENMACKER is also behind ELMEC.
Establishments
Establishment units
Physical locations of this company
Drieselstraat 53
9041 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0450.518.874
- VAT number
- BE 0450.518.874
- Registered office
- Drieselstraat 53, 9041 Gent
- Names & denominations
- Frank Van Hecke
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 1993
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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