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 11.8 to 10.2.
Financials
Financial year 2026
HEMERYCK-ELEKTRO from Kortemark, company number BE0460338442, closed financial year 2026 with a result of € 194,549 after tax. For that financial year HEMERYCK-ELEKTRO recorded a gross margin of € 1.1 million and equity of € 1.6 million. Compared with financial year 2025, the result moved from € 238,351 to € 194,549. 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 October 20, 2026.
€ 1.6 million
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 194,549
▼ 18% vs 2025
Profit after tax over the fiscal year.
€ 264,090
▼ 55% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.6 million.
People and assets in 2026
10.2
▼ 0.5 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 768,995
▲ 5% vs 2025
€ 75,400 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.
€ 166,540
▼ 27% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 21,400
▼ 59% vs 2025
€ 17,053 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 335,531
▲ 26% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 92,530
▼ 10% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 893,527 | € 1,141,571 | € 1,185,627 | € 1,139,724 | ▼ 4% |
| Profit after taxes | € 83,448 | € 166,367 | € 238,351 | € 194,549 | ▼ 18% |
| Equity | € 1,379,992 | € 1,467,605 | € 1,442,669 | € 1,611,144 | ▲ 12% |
| Total debts | € 500,391 | € 507,194 | € 763,072 | € 563,839 | ▼ 26% |
| Cash | € 370,938 | € 672,739 | € 591,496 | € 264,090 | ▼ 55% |
| Retained profit | € 1,361,392 | € 1,449,005 | € 1,424,069 | € 1,592,544 | ▲ 12% |
| Dividend | € 0 | € 52,960 | € 237,648 | € 0 | ▼ 100% |
| Bank debt | € 71,794 | € 33,260 | € 52,050 | € 21,400 | ▼ 59% |
| Balance sheet total | € 1,880,383 | € 1,974,798 | € 2,205,740 | € 2,174,983 | ▼ 1% |
| Employees (FTE) | 12.3 | 11.8 | 10.7 | 10.2 | ▼ 0.5 |
Key figures of HEMERYCK-ELEKTRO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HEMERYCK-ELEKTRO?
What happened at HEMERYCK-ELEKTRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 194,549 (▼ 18% vs 2025). Source: NBB ↗
- New establishment in Kortemark. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 83,448 profit in 2023 to € 194,549 profit in 2026.
Paid € 327,140 in corporate taxes since 2023.
Best year ever: 2025, with € 238,351 profit.
On average € 111,700 of value added per employee in 2026.
Management
Behind HEMERYCK-ELEKTRO is Kristof Hemeryck. Kristof Hemeryck is also behind PROCAL.
Directors
According to the 2026 annual accounts
Establishments
Establishment units
Physical locations of this company
Doornstraat 3
8610 Kortemark
Bekaertsdreef 1
8760 Tielt
Active since 7 May 1997
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
- 0460.338.442
- VAT number
- BE 0460.338.442
- Registered office
- Doornstraat 3, 8610 Kortemark
- Names & denominations
- HEMERYCK-ELEKTRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1997
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- [email protected] 051 488840
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Installatie van elektronische beveiligingssystemen
Installatie van duurzame elektrische installaties