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 2025; threshold 65 %.
Financials
Financial year 2025
FALCON & HEDGE from Harelbeke, company number BE0476703035, closed financial year 2025 with a result of € 311,795 after tax. For that financial year FALCON & HEDGE recorded revenue of € 347,989 and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 427,383 to € 311,795. 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 September 30, 2026.
€ 5.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 311,795
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 12,678
▲ 58% 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 € 2 million.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 62,205
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 53,965
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 550,000
▼ 32% vs 2024
€ 250,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 32,975
▲ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.
€ 30,433
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 240,000 | € 264,000 | € 314,924 | € 347,989 | ▲ 10% |
| Profit after taxes | € 834,214 | € 467,010 | € 427,383 | € 311,795 | ▼ 27% |
| Equity | € 3,969,314 | € 4,436,324 | € 4,863,707 | € 5,175,501 | ▲ 6% |
| Total debts | € 4,608,258 | € 4,092,133 | € 3,654,026 | € 3,374,760 | ▼ 8% |
| Cash | € 13,759 | € 6,959 | € 8,000 | € 12,678 | ▲ 58% |
| Land & buildings | € 1,766,827 | € 1,890,912 | € 1,864,635 | € 1,823,529 | ▼ 2% |
| Retained profit | € 782,314 | € 1,249,324 | € 1,676,707 | € 1,988,501 | ▲ 19% |
| Bank debt | € 1,550,000 | € 1,550,000 | € 810,949 | € 550,000 | ▼ 32% |
| Balance sheet total | € 8,577,572 | € 8,528,457 | € 8,517,732 | € 8,550,261 | |
| Employees (FTE) | 0.6 | 0.6 | 0.6 | 0.6 |
Key figures of FALCON & HEDGE, 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 FALCON & HEDGE?
What happened at FALCON & HEDGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antoine VERVAEKE stepped down as director. NBB
- Nathalie VERHAEGHE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 311,795 (▼ 27% vs 2024). filed late Source: NBB ↗
- Antoine VERVAEKE became a director. NBB
- Nathalie VERHAEGHE became a director. NBB
- New establishment in Kuurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 834,214 profit in 2022 to € 311,795 profit in 2025.
Paid € 3,029 in corporate taxes since 2022.
Best year ever: 2022, with € 834,214 profit.
Pays suppliers within 61 days on average.
Management
It owns 99% of AKHNATON GROUP, 82% of SIMEX & CO SARL, 76% of SIMEX & CO and 25% of KORTRIJK STORAGE itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Blauwhuisstraat 31
8531 Harelbeke
Kortrijksestraat 66
8520 Kuurne
Active since 14 February 2002
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
- 0476.703.035
- VAT number
- BE 0476.703.035
- Registered office
- Blauwhuisstraat 31, 8531 Harelbeke
- Names & denominations
- FALCON & HEDGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2002
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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