Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
IMMO HERBAFROST from Hulshout, company number BE0469919072, closed financial year 2026 with a result of € 986,602 after tax. For that financial year IMMO HERBAFROST recorded revenue of € 567,193 and equity of € 1.1 million. Compared with financial year 2025, the result moved from € 971,892 to € 986,602. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.1 million
▼ 28% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 986,602
▲ 2% vs 2025
Profit after tax over the fiscal year.
€ 53,188
▲ 54% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2026
€ 4.5 million
▼ 13% vs 2025
€ 692,779 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2,315
▼ 74% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 16 days on average.
€ 15,201
▲ 51% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 496,831 | € 533,348 | € 549,832 | € 567,193 | ▲ 3% |
| Profit after taxes | € 404,144 | € 1,025,635 | € 971,892 | € 986,602 | ▲ 2% |
| Equity | € 494,712 | € 1,020,348 | € 1,492,239 | € 1,078,841 | ▼ 28% |
| Total debts | € 7,249,203 | € 7,418,803 | € 5,907,337 | € 6,223,073 | ▲ 5% |
| Cash | € 13,180 | € 25,611 | € 34,486 | € 53,188 | ▲ 54% |
| Land & buildings | € 2,354,992 | € 2,197,284 | € 2,098,913 | € 1,979,246 | ▼ 6% |
| Retained profit | € 94,712 | € 620,348 | € 1,092,239 | € 678,841 | ▼ 38% |
| Dividend | € 400,000 | € 500,000 | € 500,000 | € 1,400,000 | ▲ 180% |
| Bank debt | € 6,607,006 | € 5,885,851 | € 5,198,216 | € 4,508,036 | ▼ 13% |
| Balance sheet total | € 7,743,915 | € 8,439,151 | € 7,399,576 | € 7,301,914 | ▼ 1% |
Key figures of IMMO HERBAFROST, 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 IMMO HERBAFROST?
What happened at IMMO HERBAFROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Brewsette BV stepped down as director. NBB
- MBAA Investments LTD (B.O.) stepped down as director. NBB
- Rhea Ingredients BV stepped down as director. NBB
- Ib Logics BV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 986,602 (▲ 2% vs 2025). Source: NBB ↗
- Brewsette BV became a director. NBB
- MBAA Investments LTD (B.O.) became a director. NBB
- Rhea Ingredients BV became a director. NBB
In short
From € 404,144 profit in 2023 to € 986,602 profit in 2026.
Paid € 275,803 in corporate taxes since 2023.
Best year ever: 2024, with € 1 million profit.
Paid out € 2.8 million in dividends to the owners in total.
Management
The stake of Rhea Ingredients comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMO HERBAFROSTThe shares are held by Rhea Ingredients (100%). It owns 100% of Herbafrost NV itself.
Directors
According to the 2026 annual accounts
since 2022 · until 2027
Director · represented by Kestemont Michaël
Also active at: HERBAFROST, Rhea Ingredients
since 2022 · until 2027
since 2022 · until 2027
Director · represented by Vanden Bempt Vincent
Also active at: HERBAFROST, TASCO, Rhea Ingredients, Steki
since 2022 · until 2027
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industriepark 19
2235 Hulshout
Industriepark 13
2235 Hulshout
Active since 24 February 2000
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.
Details
- Company number
- 0469.919.072
- VAT number
- BE 0469.919.072
- Registered office
- Industriepark 19, 2235 Hulshout
- Names & denominations
- IMMO HERBAFROST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2000
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg