What does HD Square Engineering do?

HD Square Engineering is an electrical contractor in Lessines. Private Limited, started on 23 May 2003, 1 establishment.

What is the address of HD Square Engineering?

The registered office of HD Square Engineering is located at Chemin de Mons à Gand(DA) 251, 7864 Lessines.

Is HD Square Engineering still active?

Yes. According to the CBE (29 October 2026) HD Square Engineering is active, legal situation “Normale toestand”, started on 23 May 2003.

Is HD Square Engineering registered on Peppol?

Yes, HD Square Engineering is registered on the Peppol network with ID 0208:0480295203.

What is the enterprise number of HD Square Engineering?

The enterprise number of HD Square Engineering is BE0480295203.

When was HD Square Engineering founded?

HD Square Engineering was founded on 23 May 2003.

Who are the directors of HD Square Engineering?

According to the 2025 annual accounts, the directors of HD Square Engineering are: Hans Depreitere, Hans Demeestere.

Is HD Square Engineering a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 May 2003; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did HD Square Engineering make in 2025?

HD Square Engineering posted a profit after taxes of € 53,075 in financial year 2025.

What is the revenue of HD Square Engineering?

As a small company, HD Square Engineering is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 507,976.

How much does an employee at HD Square Engineering earn?

The average wage cost per full-time employee at HD Square Engineering was € 84,200 in 2025: staff costs of € 387,533 for 4.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HD Square Engineering have?

According to the 2025 annual accounts, HD Square Engineering has 4.6 full-time equivalents (FTE).

HD Square Engineering (Private Limited) - Lessines

Dossier HD Square Engineering, printed on 29 October 2026 from databakkes.be/en/0480295203/hd-square-engineering. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HD Square Engineering from Lessines, company number BE0480295203, closed financial year 2025 with a result of € 53,075 after tax. For that financial year HD Square Engineering recorded a gross margin of € 507,976 and equity of € 265,849. Compared with financial year 2024, the result moved from € -8,429 to € 53,075. 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 October 30, 2025.

What it is worth Growing

€ 265,849

▲ 4% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 53,075

▲ still € 8,429 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 346,857

▲ € 261,495 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 42,105 paid out

79 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

4.6

▲ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 387,533

▲ 13% vs 2024

€ 84,200 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.

Vehicles and equipment

€ 41,169

▼ 20% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 35,950

▲ 35% vs 2024

€ 9,128 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 194,207

▲ 22% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 84,014

▲ 216% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Gross margin	€ 373,127 Gross margin 2021: € 373,127 First fiscal year in the series	€ 324,763 Gross margin 2022: € 324,763 ▼ 13% vs 2021 (€ 373,127) Unfavourable step	€ 372,191 Gross margin 2024: € 372,191 ▲ 15% vs 2022 (€ 324,763) Favourable step	€ 507,976 Gross margin 2025: € 507,976 ▲ 36% vs 2024 (€ 372,191) Favourable step	▲ 36%
Profit after taxes	€ -7,655 Profit after taxes 2021: € -7,655 First fiscal year in the series	€ -9,724 Profit after taxes 2022: € -9,724 ▼ € 2,069 vs 2021 (€ -7,655) Unfavourable step	€ -8,429 Profit after taxes 2024: € -8,429 ▲ € 1,295 vs 2022 (€ -9,724) Favourable step	€ 53,075 Profit after taxes 2025: € 53,075 ▲ € 61,504 vs 2024 (€ -8,429) Favourable step	▲ € 61,504
Equity	€ 273,032 Equity 2021: € 273,032 First fiscal year in the series	€ 263,308 Equity 2022: € 263,308 ▼ 4% vs 2021 (€ 273,032) Unfavourable step	€ 254,879 Equity 2024: € 254,879 ▼ 3% vs 2022 (€ 263,308) Unfavourable step	€ 265,849 Equity 2025: € 265,849 ▲ 4% vs 2024 (€ 254,879) Favourable step	▲ 4%
Total debts	€ 269,428 Total debts 2021: € 269,428 First fiscal year in the series	€ 228,391 Total debts 2022: € 228,391 ▼ 15% vs 2021 (€ 269,428) Favourable step	€ 218,404 Total debts 2024: € 218,404 ▼ 4% vs 2022 (€ 228,391) Favourable step	€ 401,421 Total debts 2025: € 401,421 ▲ 84% vs 2024 (€ 218,404) Unfavourable step	▲ 84%
Cash	€ 207,973 Cash 2021: € 207,973 First fiscal year in the series	€ 110,405 Cash 2022: € 110,405 ▼ 47% vs 2021 (€ 207,973) Unfavourable step	€ 85,362 Cash 2024: € 85,362 ▼ 23% vs 2022 (€ 110,405) Unfavourable step	€ 346,857 Cash 2025: € 346,857 ▲ € 261,495 vs 2024 (€ 85,362) Favourable step	▲ € 261,495
Land & buildings	€ 155,920 Land & buildings 2021: € 155,920 First fiscal year in the series	€ 135,562 Land & buildings 2022: € 135,562 ▼ 13% vs 2021 (€ 155,920) Unchanged	€ 117,775 Land & buildings 2024: € 117,775 ▼ 13% vs 2022 (€ 135,562) Unchanged	€ 126,254 Land & buildings 2025: € 126,254 ▲ 7% vs 2024 (€ 117,775) Unchanged	▲ 7%
Retained profit	€ 260,632 Retained profit 2021: € 260,632 First fiscal year in the series	€ 250,908 Retained profit 2022: € 250,908 ▼ 4% vs 2021 (€ 260,632) Unfavourable step	€ 242,479 Retained profit 2024: € 242,479 ▼ 3% vs 2022 (€ 250,908) Unfavourable step	€ 253,449 Retained profit 2025: € 253,449 ▲ 5% vs 2024 (€ 242,479) Favourable step	▲ 5%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 42,105 Dividend 2025: € 42,105 Unchanged (€ 0) Unchanged
Bank debt	€ 68,607 Bank debt 2021: € 68,607 First fiscal year in the series	€ 37,045 Bank debt 2022: € 37,045 ▼ 46% vs 2021 (€ 68,607) Favourable step	€ 26,554 Bank debt 2024: € 26,554 ▼ 28% vs 2022 (€ 37,045) Favourable step	€ 35,950 Bank debt 2025: € 35,950 ▲ 35% vs 2024 (€ 26,554) Unfavourable step	▲ 35%
Balance sheet total	€ 542,460 Balance sheet total 2021: € 542,460 First fiscal year in the series	€ 491,699 Balance sheet total 2022: € 491,699 ▼ 9% vs 2021 (€ 542,460) Unchanged	€ 473,283 Balance sheet total 2024: € 473,283 ▼ 4% vs 2022 (€ 491,699) Unchanged	€ 667,270 Balance sheet total 2025: € 667,270 ▲ 41% vs 2024 (€ 473,283) Unchanged	▲ 41%
Employees (FTE)	5 Employees (FTE) 2021: 5 First fiscal year in the series	5.9 Employees (FTE) 2022: 5.9 ▲ 0.9 vs 2021 (5) Unchanged	4.2 Employees (FTE) 2024: 4.2 ▼ 1.7 vs 2022 (5.9) Unchanged	4.6 Employees (FTE) 2025: 4.6 ▲ 0.4 vs 2024 (4.2) Unchanged	▲ 0.4

Key figures of HD Square Engineering, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.

What happened to HD Square Engineering?

What happened at HD Square Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 30, 2025 New annual accounts for financial year 2025: profit of € 53,075. Source: NBB ↗
Jun 23, 2003 New establishment in Lessines. KBO
May 23, 2003 Start of the company according to the CBE. KBO

In short

From € 7,655 loss in 2021 to € 53,075 profit in 2025.

Paid € 38,469 in corporate taxes since 2021.

Best year ever: 2025, with € 53,075 profit.

On average € 110,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Hans Depreitere Hans Demeestere

DEPREITERE

HD Square Engineering

HD-Engineering

Behind HD Square Engineering are Hans Depreitere and Hans Demeestere. Hans Depreitere is also behind DEPREITERE. Hans Demeestere is also behind HD-Engineering.

Directors

According to the 2025 annual accounts

Hans Depreitere

Director

Also active at: DEPREITERE

Hans Demeestere

Director

Also active at: HD-Engineering

Establishments

Establishment units

Physical locations of this company

Registered office

Chemin de Mons à Gand(DA) 251

7864 Lessines

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Alain Buyse Gears Transmission

€ 121,795 gross margin · 2025

be.tec

€ 3,235 gross margin · 2025

SISY

€ 199,634 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0480.295.203

VAT number

BE 0480.295.203

Registered office

Chemin de Mons à Gand(DA) 251, 7864 Lessines

Names & denominations

HD Square Engineering

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 May 2003

Peppol

Active · Active since 12 Sept 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Technische studiën en ingenieursactiviteiten

Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts

View on CBE Public ↗ Annual accounts (NBB) ↗

HD Square Engineering

Financials

What happened to HD Square Engineering?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions