Financials
Financial year 2025
H.V.D. from Oudenaarde, company number BE0453106202, closed financial year 2025 with a result of € 11,972 after tax. For that financial year H.V.D. recorded a gross margin of € 244,212 and equity of € 107,677. Compared with financial year 2024, the result moved from € -3,012 to € 11,972. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 107,677
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,972
▲ still € 3,012 loss in 2024
Profit after tax over the fiscal year.
€ 6,846
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 41,501 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 170,587
▼ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,810
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 178,549
▲ 10% vs 2024
€ 21,286 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 35,001
▲ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,363
▲ 269% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 155,247 | € 218,643 | € 206,204 | € 244,212 | ▲ 18% |
| Profit after taxes | € -13,908 | € 22,184 | € -3,012 | € 11,972 | ▲ € 14,984 |
| Equity | € 118,034 | € 140,218 | € 137,206 | € 107,677 | ▼ 22% |
| Total debts | € 242,297 | € 232,767 | € 190,375 | € 258,299 | ▲ 36% |
| Cash | € 9,786 | € 35,798 | € 17,358 | € 6,846 | ▼ 61% |
| Retained profit | € 105,639 | € 127,824 | € 124,812 | € 95,282 | ▼ 24% |
| Dividend | € 0 | € 0 | € 0 | € 41,501 | |
| Bank debt | € 214,924 | € 194,300 | € 162,925 | € 178,549 | ▲ 10% |
| Balance sheet total | € 360,331 | € 372,985 | € 327,581 | € 365,976 | ▲ 12% |
Key figures of H.V.D., 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 H.V.D.?
What happened at H.V.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,972. filed late Source: NBB ↗
- Michiel Hellebaut became a director. NBB
- Guido Hellebaut became a director. NBB
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,908 loss in 2022 to € 11,972 profit in 2025.
Paid € 11,041 in corporate taxes since 2022.
Best year ever: 2023, with € 22,184 profit.
Paid out € 41,501 in dividends to the owners in total.
Management
Behind H.V.D. are Michiel Hellebaut and Guido Hellebaut.
Directors
According to the 2025 annual accounts
Michiel Hellebaut
Director
since 2019
Guido Hellebaut
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Smarre 5+
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.106.202
- VAT number
- BE 0453.106.202
- Registered office
- Smarre 5+, 9700 Oudenaarde
- Names & denominations
- H.V.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 1994
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden