Financials
Financial year 2025
HF HOLDING from Nivelles, company number BE0464928126, closed financial year 2025 with a result of € 9.7 million after tax. For that financial year HF HOLDING recorded revenue of € 6.6 million and equity of € 29.7 million. Compared with financial year 2024, the result moved from € 5.4 million to € 9.7 million. Profitable, and profit is growing. 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 June 2, 2026.
€ 29.7 million
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.7 million
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 785,741
▲ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 12 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
18.6
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.5 million
▲ 3% vs 2024
€ 136,100 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.
€ 67,655
▲ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 24% vs 2024
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 708,315
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.
€ 1.4 million
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,358,813 | € 6,312,358 | € 6,471,089 | € 6,599,075 | ▲ 2% |
| Profit after taxes | € 3,298,522 | € 4,210,264 | € 5,413,608 | € 9,673,828 | ▲ 79% |
| Equity | € 22,245,899 | € 26,456,163 | € 32,112,582 | € 29,732,453 | ▼ 7% |
| Total debts | € 14,403,360 | € 11,769,919 | € 7,868,690 | € 8,242,444 | ▲ 5% |
| Cash | € 563,069 | € 792,422 | € 478,770 | € 785,741 | ▲ 64% |
| Retained profit | € 20,506,264 | € 24,716,529 | € 30,130,137 | € 27,803,965 | ▼ 8% |
| Dividend | € 0 | € 0 | € 0 | € 12,000,000 | |
| Bank debt | € 12,177,792 | € 9,225,000 | € 5,784,444 | € 4,403,333 | ▼ 24% |
| Balance sheet total | € 36,665,716 | € 38,240,432 | € 40,076,558 | € 38,052,197 | ▼ 5% |
| Employees (FTE) | 21.4 | 19.6 | 18.7 | 18.6 | ▼ 0.1 |
Key figures of HF HOLDING, 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 HF HOLDING?
What happened at HF HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- InvesTuring SRL stepped down as director. NBB
- 9K Capital SRL stepped down as director. NBB
- Iterar SRL stepped down as director. NBB
- Carmela SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9.7 million (▲ 79% vs 2024). Source: NBB ↗
- XAVIER Deedene stepped down as director. NBB
- InvesTuring SRL became a director. NBB
- 9K Capital SRL became a director. NBB
In short
From € 3.3 million profit in 2022 to € 9.7 million profit in 2025.
Paid € 924,099 in corporate taxes since 2022.
Best year ever: 2025, with € 9.7 million profit.
Paid out € 12 million in dividends to the owners in total.
Management
The stake of GANTREX GROUP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HF HOLDINGThe shares are held by GANTREX GROUP HOLDING (100%). It owns 100% of GANTREX CRANE RAIL INSTALLATION LLC, 100% of GANTREX, 100% of GANTREX INDIA CRANE RAIL PVT LTD , 100% of GANTREX MALAYSIA SDN. BHD., 100% of GANTREX PTE LTD and 100% of GANTRAIL RAILING Ltd itself.
Directors
According to the 2025 annual accounts
Director · represented by Maarten Meijssen
Also active at: GANTREX, GANTREX GROUP HOLDING
since 2024 · until 2030
Managing director · represented by Maarten Impens
Also active at: GANTREX, GANTREX GROUP HOLDING
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
since 2019 · until 2026
Shareholders
Participations
GANTREX CRANE RAIL INSTALLATION LLC
100%
100%
GANTREX INDIA CRANE RAIL PVT LTD
100%
GANTREX MALAYSIA SDN. BHD.
100%
GANTREX PTE LTD
100%
GANTRAIL RAILING Ltd
100%
GANTREX BEIJING MMCC
100%
GANTREX SPAIN
100%
GANTREX GMBH
10%
GANTREX MOROCCO
1%
GSRG
Establishments
Establishment units
Physical locations of this company
Rue du Commerce 19
1400 Nivelles
Rue du Panier-Vert 70
1400 Nivelles
Active since 23 December 1998
Rue du Commerce 19 box .
1400 Nivelles
Active since 21 December 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
COMBELL-AS, BE
Domain
Domain
gantrex.com
Registered
1997-05-20
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-05-21
Website info
Features
Security
Details
- Company number
- 0464.928.126
- VAT number
- BE 0464.928.126
- Registered office
- Rue du Commerce 19, 1400 Nivelles
- Names & denominations
- HF HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 1998
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- gantrex.com [email protected] 067/888030
- Activities · NACE
Activiteiten van holdings
Financiële holdings
Holdings