Financials
Financial year 2025
HERTECANT FLANGES from Westerlo, company number BE0466169726, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year HERTECANT FLANGES recorded revenue of € 11.8 million and equity of € 15.4 million. Compared with financial year 2024, the result moved from € 2.6 million to € 2.3 million. 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 July 10, 2026.
€ 15.4 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 13% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 14.4 million.
People and assets in 2025
44.3
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 7% vs 2024
€ 76,700 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.
€ 639,081
▲ 16% vs 2024
Of which on lease € 551,340.
Debts at end 2025
€ 575,339
€ 175,015 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 914,836
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 382,913
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 14,789,942 | € 15,151,532 | € 13,253,984 | € 11,825,065 | ▼ 11% |
| Profit after taxes | € 3,817,297 | € 4,107,374 | € 2,600,479 | € 2,260,839 | ▼ 13% |
| Equity | € 9,758,220 | € 10,525,593 | € 13,126,073 | € 15,386,911 | ▲ 17% |
| Total debts | € 4,683,323 | € 3,711,671 | € 3,297,886 | € 2,092,089 | ▼ 37% |
| Cash | € 3,768,225 | € 598,499 | € 2,938,309 | € 2,076,210 | ▼ 29% |
| Land & buildings | € 1,433,228 | € 1,444,509 | € 1,416,788 | € 1,350,544 | ▼ 5% |
| Retained profit | € 8,758,220 | € 9,525,593 | € 12,126,073 | € 14,386,911 | ▲ 19% |
| Dividend | € 0 | € 3,340,000 | € 0 | € 0 | |
| Bank debt | € 2,750,512 | € 551,180 | € 573,194 | € 575,339 | |
| Balance sheet total | € 14,632,543 | € 14,237,264 | € 16,423,959 | € 17,479,000 | ▲ 6% |
| Employees (FTE) | 44 | 42.6 | 44.5 | 44.3 | ▼ 0.2 |
Key figures of HERTECANT FLANGES, 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 HERTECANT FLANGES?
What happened at HERTECANT FLANGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ronny Deckers stepped down as director. NBB
- MADEWA BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 13% vs 2024). Source: NBB ↗
- Ronny Deckers became a director. NBB
- MADEWA BV became a director. NBB
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.8 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 4.1 million profit.
Paid out € 3.3 million in dividends to the owners in total.
Management
The shares are held by Flange International BV (100%).
Directors
According to the 2025 annual accounts
Ronny Deckers
Director
since 2023 · until 2029
Director · represented by DEWACHTER Mark
Also active at: Flange International, Special Flanges
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lossing 22
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0466.169.726
- VAT number
- BE 0466.169.726
- Registered office
- Lossing 22, 2260 Westerlo
- Names & denominations
- HERTECANT FLANGES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal
Verspanend bewerken van metalen