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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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HVCO from Antwerpen, company number BE0473111164, closed financial year 2025 with a result of € 39,629 after tax. For that financial year HVCO recorded a gross margin of € 641,983 and equity of € 406,379. Compared with financial year 2024, the result moved from € 47,153 to € 39,629. 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 30, 2026.
€ 406,379
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,629
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 102,067
▲ 32% 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 € 388,564.
People and assets in 2025
8.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 522,215
▲ 3% vs 2024
€ 62,200 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.
€ 31,525
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 224,078
▼ 9% vs 2024
€ 71,161 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 28,326
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,654
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 556,945 | € 659,436 | € 625,206 | € 641,983 | ▲ 3% |
| Profit after taxes | € 49,189 | € 65,506 | € 47,153 | € 39,629 | ▼ 16% |
| Equity | € 254,892 | € 320,398 | € 366,750 | € 406,379 | ▲ 11% |
| Total debts | € 525,548 | € 504,722 | € 512,868 | € 361,262 | ▼ 30% |
| Cash | € 126,386 | € 97,573 | € 77,473 | € 102,067 | ▲ 32% |
| Land & buildings | € 394,103 | € 360,322 | € 340,935 | € 318,390 | ▼ 7% |
| Retained profit | € 237,077 | € 302,583 | € 348,935 | € 388,564 | ▲ 11% |
| Dividend | € 0 | € 0 | € 800 | € 0 | ▼ 100% |
| Bank debt | € 284,583 | € 259,038 | € 247,384 | € 224,078 | ▼ 9% |
| Balance sheet total | € 790,554 | € 838,605 | € 896,005 | € 784,028 | ▼ 12% |
| Employees (FTE) | 8 | 8.6 | 8.8 | 8.4 | ▼ 0.4 |
Key figures of HVCO, 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 HVCO?
What happened at HVCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,629 (▼ 16% vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,189 profit in 2022 to € 39,629 profit in 2025.
Paid € 111,260 in corporate taxes since 2022.
Best year ever: 2023, with € 65,506 profit.
On average € 76,400 of value added per employee in 2025.
A new publication or filing at HVCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of GLISKO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HVCOBehind HVCO is Koen Huygebaert. The shares are held by GLISKO (33%).
Directors
According to the 2025 annual accounts
Shareholders
33%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Collegelaan 106
2100 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →+11 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.111.164
- VAT number
- BE 0473.111.164
- Registered office
- Collegelaan 106, 2100 Antwerpen
- Names & denominations
- HVCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 October 2000
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
Boekhouders
Activiteiten van (gecertificeerde) (fiscaal) accountants
Boekhouders en boekhouders-fiscalisten