Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2024; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 202.3 to 91.8.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
D'HONDT from Kruisem, company number BE0470371410, closed financial year 2024 with a result of € -13.6 million after tax. For that financial year D'HONDT recorded revenue of € 5.3 million and equity of € -8.7 million. Compared with financial year 2023, the result moved from € -2 million to € -13.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2025.
€ -8.7 million
▼ € 19.5 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13.6 million
▼ 569 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3.4 million
▲ € 2.9 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.1 million.
People and assets in 2024
91.8
▼ 46.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▼ 57% vs 2023
€ 55,600 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.
€ 425,781
▼ 39% vs 2023
Of which on lease € 382,531.
Debts at end 2024
€ 6.7 million
▼ 63% vs 2023
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.4 million
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.
€ 1.1 million
▼ 46% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 20,118,583 | € 13,403,523 | € 5,331,409 | ▼ 60% |
| Profit after taxes | € -111,598 | € -2,037,750 | € -13,625,441 | ▼ € 11.6 million |
| Equity | € 13,655,420 | € 10,784,934 | € -8,707,488 | ▼ € 19.5 million |
| Total debts | € 29,921,588 | € 32,552,309 | € 21,447,715 | ▼ 34% |
| Cash | € 139,964 | € 504,624 | € 3,362,069 | ▲ € 2.9 million |
| Land & buildings | € 11,559,430 | € 8,511,844 | € 1,598,641 | ▼ 81% |
| Retained profit | € 3,901,827 | € 2,331,440 | € -10,121,328 | ▼ € 12.5 million |
| Bank debt | € 16,006,270 | € 18,204,665 | € 6,748,476 | ▼ 63% |
| Balance sheet total | € 43,814,613 | € 43,472,270 | € 12,787,253 | ▼ 71% |
| Employees (FTE) | 202.3 | 138.4 | 91.8 | ▼ 46.6 |
Key figures of D'HONDT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to D'HONDT?
What happened at D'HONDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
D'HONDT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 13.6 million. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- New establishment in Jabbeke. KBO
- New establishment in Liège. KBO
- New establishment in Waterloo. KBO
- New establishment in Hasselt. KBO
- New establishment in Kruisem. KBO
In short
From € 111,598 loss in 2021 to € 13.6 million loss in 2024.
Paid € 163,676 in corporate taxes since 2021.
Pays suppliers within 94 days on average.
Management
The stake of FC INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
D'HONDTBehind D'HONDT is FC Invest. The shares are held by FC INVEST (50%).
Establishments
Establishment units
Physical locations of this company
Leenstraat 2
9750 Kruisem
Leuvensesteenweg 429
1930 Zaventem
Active since 10 June 1993
Zeelsebaan (GRE) 2
9200 Dendermonde
Active since 1 July 1973
Rue Pont-à-Migneloux 47
6041 Charleroi
Active since 1 July 1973
Bergensesteenweg 382
1600 Sint-Pieters-Leeuw
Active since 14 March 2007
Oudenaardsesteenweg 349
9420 Erpe-Mere
Active since 1 March 2012
Leenstraat 10
9750 Kruisem
Active since 16 December 2013
Antwerpseweg 181
2440 Geel
Active since 7 December 2013
Genkersteenweg 201
3500 Hasselt
Active since 1 August 2022
Chaussée de Bruxelles 307B
1410 Waterloo
Active since 1 September 2023
Dorpsstraat 23
8490 Jabbeke
Active since 9 September 2024
Chaussée de Tongres 198
4000 Liège
Active since 9 September 2024
Boomsesteenweg 641
2610 Antwerpen
Active since 1 April 2025
Bredabaan 739
2170 Antwerpen
Active since 1 May 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0470.371.410
- VAT number
- BE 0470.371.410
- Registered office
- Leenstraat 2, 9750 Kruisem
- Names & denominations
- D'HONDT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 February 2000
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Schrijnwerk
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Vervaardiging van kunststofartikelen voor de bouw
Managementactiviteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings