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 18.1 to 16.1.
Financials
Financial year 2026
H & O Equipments from Ath, company number BE0463748882, closed financial year 2026 with a result of € 186,313 after tax. For that financial year H & O Equipments recorded a gross margin of € 1.8 million and equity of € 2.2 million. Compared with financial year 2025, the result moved from € 104,178 to € 186,313. Profitable, and profit is growing. 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 September 23, 2026.
€ 2.2 million
▲ 9% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 186,313
▲ 79% vs 2025
Profit after tax over the fiscal year.
€ 263,811
▲ 11% 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 € 1.9 million.
People and assets in 2026
16.1
▼ 1.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▼ 5% vs 2025
€ 86,800 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.
€ 4,320
▼ 71% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 930,870
▲ 196% vs 2025
€ 98,436 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 681,193
▲ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 165,247
▼ 28% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,154,868 | € 1,626,009 | € 1,669,811 | € 1,810,065 | ▲ 8% |
| Profit after taxes | € 52,511 | € 775 | € 104,178 | € 186,313 | ▲ 79% |
| Equity | € 1,906,175 | € 1,906,950 | € 2,011,129 | € 2,197,442 | ▲ 9% |
| Total debts | € 3,178,812 | € 3,179,030 | € 1,030,254 | € 1,777,310 | ▲ 73% |
| Cash | € 715,408 | € 120,788 | € 238,207 | € 263,811 | ▲ 11% |
| Land & buildings | € 109,209 | € 103,440 | € 97,670 | € 989,906 | ▲ € 892,236 |
| Retained profit | € 1,581,615 | € 1,582,389 | € 1,686,568 | € 1,872,881 | ▲ 11% |
| Bank debt | € 324,223 | € 465,593 | € 313,966 | € 930,870 | ▲ 196% |
| Balance sheet total | € 5,197,392 | € 5,198,386 | € 3,113,783 | € 4,047,152 | ▲ 30% |
| Employees (FTE) | 13.8 | 18.1 | 17.3 | 16.1 | ▼ 1.2 |
Key figures of H & O Equipments, 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 H & O Equipments?
What happened at H & O Equipments in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DE SPIEGELEER-HERMANS stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 186,313 (▲ 79% vs 2025). Source: NBB ↗
- DE SPIEGELEER-HERMANS became a director. NBB
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 52,511 profit in 2023 to € 186,313 profit in 2026.
Paid € 176,052 in corporate taxes since 2023.
Best year ever: 2026, with € 186,313 profit.
On average € 112,400 of value added per employee in 2026.
Management
Directors
According to the 2026 annual accounts
Director · represented by Erik Hermans
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Rue des Journaliers(GHI) 1
7822 Ath
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
ho-equipments.com
Registered
2001-04-09
Registrar
OVH sas
Expires
2026-04-09
Website info
Features
Security
Network
Details
- Company number
- 0463.748.882
- VAT number
- BE 0463.748.882
- Registered office
- Rue des Journaliers(GHI) 1, 7822 Ath
- Names & denominations
- H & O Equipments
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 1998
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- ho-equipments.com
- Activities · NACE
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Groothandel in farmaceutische en medische artikelen