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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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HSK WORKS from Peer, company number BE0635817875, closed financial year 2025 with a result of € 11,732 after tax. For that financial year HSK WORKS recorded a gross margin of € 187,569 and equity of € 209,482. Compared with financial year 2024, the result moved from € 10,888 to € 11,732. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 209,482
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,732
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 48,047
▼ 28% 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 € 190,882.
People and assets in 2025
€ 234,063
▼ 2% vs 2024
Of which on lease € 221,322.
Debts at end 2025
€ 375,955
▲ 29% vs 2024
€ 77,431 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 140,986
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,221
▼ 43% 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 | € 133,805 | € 150,797 | € 163,859 | € 187,569 | ▲ 14% |
| Profit after taxes | € 33,578 | € 25,175 | € 10,888 | € 11,732 | ▲ 8% |
| Equity | € 155,488 | € 186,863 | € 197,751 | € 209,482 | ▲ 6% |
| Total debts | € 318,003 | € 477,532 | € 392,677 | € 550,091 | ▲ 40% |
| Cash | € 62,127 | € 5,253 | € 66,398 | € 48,047 | ▼ 28% |
| Retained profit | € 143,088 | € 168,263 | € 179,151 | € 190,882 | ▲ 7% |
| Bank debt | € 237,704 | € 369,245 | € 292,447 | € 375,955 | ▲ 29% |
| Balance sheet total | € 473,492 | € 664,395 | € 590,427 | € 759,573 | ▲ 29% |
Key figures of HSK WORKS, 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 HSK WORKS?
What happened at HSK WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,732 (▲ 8% vs 2024). Source: NBB ↗
- New establishment in Peer. KBO
- Start of the company according to the CBE. KBO
- Steven Hoogmartens became a director. NBB
In short
From € 33,578 profit in 2022 to € 11,732 profit in 2025.
Paid € 26,580 in corporate taxes since 2022.
Best year ever: 2022, with € 33,578 profit.
Management
Behind HSK WORKS is Steven Hoogmartens. Steven Hoogmartens is also behind LIMKRA.
Directors
According to the 2025 annual accounts
since 2015
Establishments
Establishment units
Physical locations of this company
Grotstraat 80
3990 Peer
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
Self-hosted
Hosting
CLDIN-NL Your Hosting B.V. part of Your.Online, NL
Website info
Features
Security
Network
Details
- Company number
- 0635.817.875
- VAT number
- BE 0635.817.875
- Registered office
- Grotstraat 80, 3990 Peer
- Names & denominations
- HSK WORKS · HSK WORKS BVBA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 August 2015
- Peppol
- Active · Active since 4 Mar 2026
- Contact
- hskworks.be
- Activities · NACE
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