Financials
Financial year 2024
HOUT & KO from Zottegem, company number BE0554726766, closed financial year 2024 with a result of € 94 after tax. For that financial year HOUT & KO recorded a gross margin of € 422,281 and equity of € 56,375. Compared with financial year 2023, the result moved from € 213 to € 94. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 56,375
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94
▼ 56% vs 2023
Profit after tax over the fiscal year.
€ 19,008
▼ 72% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 37,775.
People and assets in 2024
€ 308,623
▲ 8% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,829
▼ 14% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 686,624
▼ 6% vs 2023
€ 48,492 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 24,087
▼ 47% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,150
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 382,793 | € 386,439 | € 400,508 | € 422,281 | ▲ 5% |
| Profit after taxes | € 21,735 | € 240 | € 213 | € 94 | ▼ 56% |
| Equity | € 55,827 | € 56,068 | € 56,280 | € 56,375 | |
| Total debts | € 965,133 | € 883,570 | € 811,049 | € 747,094 | ▼ 8% |
| Cash | € 71,944 | € 28,709 | € 67,741 | € 19,008 | ▼ 72% |
| Land & buildings | € 496,929 | € 461,054 | € 425,180 | € 389,305 | ▼ 8% |
| Retained profit | € 37,227 | € 37,468 | € 37,680 | € 37,775 | |
| Bank debt | € 887,174 | € 810,738 | € 732,673 | € 686,624 | ▼ 6% |
| Balance sheet total | € 1,020,960 | € 939,638 | € 867,329 | € 803,469 | ▼ 7% |
| Employees (FTE) | 5.4 | 5.3 | 5.2 | - |
Key figures of HOUT & KO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HOUT & KO?
What happened at HOUT & KO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 94 (▼ 56% vs 2023). filed late Source: NBB ↗
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,735 profit in 2021 to € 94 profit in 2024.
Paid € 5,711 in corporate taxes since 2021.
Best year ever: 2021, with € 21,735 profit.
On average € 77,000 of value added per employee in 2023.
Management
Behind HOUT & KO is Koenraad De Visscher.
Directors
According to the 2024 annual accounts
Koenraad De Visscher
Director
Establishments
Establishment units
Physical locations of this company
Ballingsweg 3
9620 Zottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0554.726.766
- VAT number
- BE 0554.726.766
- Registered office
- Ballingsweg 3, 9620 Zottegem
- Names & denominations
- HOUT & KO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2014
- Peppol
- Active · Active since 24 Nov 2024
- Contact
- houtenko.be [email protected]
- Activities · NACE
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