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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
H D ENGINEERING from Genk, company number BE0476983444, closed financial year 2025 with a result of € -74,476 after tax. For that financial year H D ENGINEERING recorded a gross margin of € -10,422 and equity of € 19,218. Compared with financial year 2024, the result moved from € -97,518 to € -74,476. The company made a loss. The buffer shrank hard: equity is 79 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 19,218
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -74,476
▲ 24 % less loss than in 2024
Profit after tax over the fiscal year.
€ 37
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5,818.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 278
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -24,792 | € 11,059 | € -14,274 | € -10,422 | ▲ € 3,852 |
| Profit after taxes | € -28,777 | € 7,321 | € -97,518 | € -74,476 | ▲ € 23,042 |
| Equity | € 183,891 | € 191,212 | € 93,694 | € 19,218 | ▼ 79% |
| Total debts | € 4,881 | € 20,592 | € 3,396 | € 278 | ▼ 92% |
| Cash | € 23,023 | € 68,588 | € 1,271 | € 37 | ▼ 97% |
| Land & buildings | € 3,201 | € 1,600 | € 1,600 | - | |
| Retained profit | € 170,491 | € 177,812 | € 80,294 | € 5,818 | ▼ 93% |
| Balance sheet total | € 188,771 | € 211,804 | € 97,090 | € 19,496 | ▼ 80% |
Key figures of H D ENGINEERING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to H D ENGINEERING?
What happened at H D ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 74,476. Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
- HERMAN DEMULDER became a director. NBB
In short
From € 28,777 loss in 2022 to € 74,476 loss in 2025.
Paid € 487 in corporate taxes since 2022.
Best year ever: 2023, with € 7,321 profit.
Management
Behind H D ENGINEERING is HERMAN DEMULDER.
Directors
According to the 2025 annual accounts
HERMAN DEMULDER
Manager
since 2002
Establishments
Establishment units
Physical locations of this company
De Hutten 75
3600 Genk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.983.444
- VAT number
- BE 0476.983.444
- Registered office
- De Hutten 75, 3600 Genk
- Names & denominations
- H D ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2002
- Peppol
- Not registered
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