Financials
Financial year 2025
DR. HERTVELDT KOEN from Gent, company number BE0477990264, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year DR. HERTVELDT KOEN recorded a gross margin of € 1.7 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 376,867 to € 1.1 million. Profitable, and profit is growing. 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 15, 2026.
€ 3.8 million
▲ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 180% vs 2024
Profit after tax over the fiscal year.
€ 509,377
▲ 124% 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 € 3.5 million.
People and assets in 2025
€ 97,803
▲ € 80,661 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 12% vs 2024
€ 109,188 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 1,526
▲ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 265,090
▲ € 206,633 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 724,314 | € 874,615 | € 775,279 | € 1,698,230 | ▲ 119% |
| Profit after taxes | € 153,886 | € 470,781 | € 376,867 | € 1,057,055 | ▲ 180% |
| Equity | € 1,915,853 | € 2,384,968 | € 2,761,836 | € 3,818,891 | ▲ 38% |
| Total debts | € 2,335,728 | € 2,171,533 | € 2,041,042 | € 2,133,961 | ▲ 5% |
| Cash | € 98,331 | € 546,718 | € 227,111 | € 509,377 | ▲ 124% |
| Land & buildings | € 1,471,205 | € 1,457,229 | € 3,839,964 | € 3,872,730 | ▲ 1% |
| Retained profit | € 1,547,853 | € 2,016,968 | € 2,393,836 | € 3,450,891 | ▲ 44% |
| Dividend | € 283,200 | € 1,666 | € 0 | € 0 | |
| Bank debt | € 1,501,016 | € 1,397,096 | € 1,791,449 | € 1,584,046 | ▼ 12% |
| Balance sheet total | € 4,251,581 | € 4,556,501 | € 4,802,878 | € 5,962,639 | ▲ 24% |
Key figures of DR. HERTVELDT KOEN, 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 DR. HERTVELDT KOEN?
What happened at DR. HERTVELDT KOEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 180% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 153,886 profit in 2022 to € 1.1 million profit in 2025.
Paid € 977,008 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Paid out € 284,866 in dividends to the owners in total.
Management
Behind DR. HERTVELDT KOEN is Koen Hertveldt.
Directors
According to the 2025 annual accounts
Koen Hertveldt
Director
Establishments
Establishment units
Physical locations of this company
Flamingostraat 18
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.990.264
- VAT number
- BE 0477.990.264
- Registered office
- Flamingostraat 18, 9000 Gent
- Names & denominations
- DR. HERTVELDT KOEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 July 2002
- Peppol
- Active · Active since 25 Mar 2026
- Activities · NACE
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