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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Koninklijke Football Club De Vrijheid Houtvenne from Hulshout, company number BE0471309538, closed financial year 2025 with a result of € -331,206 after tax. For that financial year Koninklijke Football Club De Vrijheid Houtvenne recorded a gross margin of € 1.1 million and equity of € -379,505. Compared with financial year 2023, the result moved from € -2,658 to € -331,206. 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 March 18, 2026.
€ -379,505
▼ € 342,545 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -331,206
▼ 12360 % more loss than in 2023
Profit after tax over the fiscal year.
€ 16,449
▼ 33% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
12.1
▼ 1.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 66% vs 2023
€ 118,100 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.
Debts at end 2025
€ 8,945
▼ 70% vs 2023
Loans from banks and other lenders, long and short.
€ 132,155
▲ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 159,234
▼ 6% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|
| Gross margin | € 871,439 | € 1,149,777 | ▲ 32% |
| Profit after taxes | € -2,658 | € -331,206 | ▼ € 328,548 |
| Equity | € -36,959 | € -379,505 | ▼ € 342,545 |
| Total debts | € 309,840 | € 631,483 | ▲ 104% |
| Cash | € 24,609 | € 16,449 | ▼ 33% |
| Land & buildings | € 53,200 | € 41,896 | ▼ 21% |
| Retained profit | € -63,418 | € -394,624 | ▼ € 331,206 |
| Bank debt | € 30,300 | € 8,945 | ▼ 70% |
| Balance sheet total | € 272,881 | € 251,978 | ▼ 8% |
| Employees (FTE) | 13.7 | 12.1 | ▼ 1.6 |
Key figures of Koninklijke Football Club De Vrijheid Houtvenne, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Koninklijke Football Club De Vrijheid Houtvenne?
What happened at Koninklijke Football Club De Vrijheid Houtvenne in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 331,206. filed late Source: NBB ↗
- Tine Hannes became a director. NBB
- Jo Creces became a director. NBB
- Steven Melis became a director. NBB
- Kurt Van Diest became a director. NBB
- Herwig Van Lommel became a director. NBB
- Peter Vermaelen stepped down as director. NBB
- Bart Van den Brande stepped down as director. NBB
In short
From € 2,658 loss in 2023 to € 331,206 loss in 2025.
On average € 95,000 of value added per employee in 2025.
Management
Behind Koninklijke Football Club De Vrijheid Houtvenne are Kurt Paepen, Johan Van Loo, Tine Hannes, Jo Creces, Alain Vets and Steven Melis. Johan Van Loo is also behind Recim2, VAN LOO PROJECTS, HIMACO, M.S.C.A.C. and RUPELPARK.
Directors
According to the 2025 annual accounts
Kurt Paepen
Director
Johan Van Loo
Director
Also active at: Recim2, VAN LOO PROJECTS, HIMACO, M.S.C.A.C., RUPELPARK, Erwin Verbraeken, CADI, La Corbeille Onderhoud +24 more
Tine Hannes
Director
since 2025
Jo Creces
Director
since 2025
Alain Vets
Director
since 2025
since 2025
since 2025
Peter Vermaelen
Director
· until 2025
Bart Van den Brande
Director
· until 2025
Guy Bruyninckx
Director
· until 2025
Mattias Pelgrims
Director
· until 2025
Establishments
Establishment units
Physical locations of this company
De Schrans 45
2235 Hulshout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.309.538
- VAT number
- BE 0471.309.538
- Registered office
- De Schrans 45, 2235 Hulshout
- Names & denominations
- Koninklijke Football Club De Vrijheid Houtvenne · KFC Houtvenne
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 5 January 2000
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Activiteiten van voetbalclubs