Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H.K.W. from Sint-Martens-Latem, company number BE0479122986, closed financial year 2025 with a result of € 251,387 after tax. For that financial year H.K.W. recorded revenue of € 4.8 million and equity of € 35.6 million. Compared with financial year 2024, the result moved from € -2.3 million to € 251,387. 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 16, 2026.
€ 35.6 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 251,387
▲ still € 2.3 million loss in 2024
Profit after tax over the fiscal year.
€ 358,309
▼ 19% 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 € 8.1 million.
People and assets in 2025
26
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 1% vs 2024
€ 109,300 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.
€ 25,293
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23 million
▲ 1% vs 2024
€ 800,000 is repaid this year. At this pace the long-term loan is gone in ≈ 29 years.
€ 83,012
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.
€ 403,583
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,740,443 | € 4,584,660 | € 4,469,318 | € 4,803,933 | ▲ 7% |
| Profit after taxes | € -702,651 | € 9,381,782 | € -2,313,814 | € 251,387 | ▲ € 2.6 million |
| Equity | € 28,233,605 | € 37,615,386 | € 35,301,573 | € 35,552,960 | ▲ 1% |
| Total debts | € 43,763,346 | € 29,136,500 | € 25,276,065 | € 26,869,732 | ▲ 6% |
| Cash | € 1,303,640 | € 3,986,682 | € 444,166 | € 358,309 | ▼ 19% |
| Land & buildings | € 693,000 | € 693,000 | € 693,000 | € 693,000 | |
| Retained profit | € 808,605 | € 10,190,386 | € 7,876,573 | € 8,127,960 | ▲ 3% |
| Bank debt | € 35,080,000 | € 21,044,000 | € 22,844,000 | € 22,984,000 | ▲ 1% |
| Balance sheet total | € 72,000,460 | € 66,756,250 | € 60,582,619 | € 62,427,109 | ▲ 3% |
| Employees (FTE) | 24 | 24.3 | 28.2 | 26 | ▼ 2.2 |
Key figures of H.K.W., 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 H.K.W.?
What happened at H.K.W. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Karl Hoeben stepped down as director. NBB
- Wendi Hoeben stepped down as director. NBB
- Plan2Transform BV stepped down as director. NBB
- Hendrik Hoeben stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 251,387. Source: NBB ↗
- Karl Hoeben became a director. NBB
- Wendi Hoeben became a director. NBB
- Plan2Transform BV became a director. NBB
In short
From € 702,651 loss in 2022 to € 251,387 profit in 2025.
Paid € 19,138 in corporate taxes since 2022.
Best year ever: 2023, with € 9.4 million profit.
Pays suppliers within 24 days on average.
A new publication or filing at H.K.W.? 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 shares are held by Stichting administratiekantoor Hoeben-Claes (100%).
Directors
According to the 2025 annual accounts
Director · represented by Dominiek Plancke
Also active at: ETAP Lighting International, Post Light International, Perfect Lighting International
since 2022 · until 2028
Karl Hoeben
Director
since 2025 · until 2031
Hendrik Hoeben
Managing director
Also active at: GONDELLA, DE KIMPE, INTEGRAL, FRONTEND RETAIL SOLUTIONS, EKO
since 2020 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Moeistraat 15
9830 Sint-Martens-Latem
Oude Eedstraat 3A
9810 Nazareth-De Pinte
Active since 16 July 2007
Kruishoutemsesteenweg 46
9750 Kruisem
Active since 14 September 2009
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
- 0479.122.986
- VAT number
- BE 0479.122.986
- Registered office
- Moeistraat 15, 9830 Sint-Martens-Latem
- Names & denominations
- H.K.W.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2002
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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