Financials
Financial year 2025
HRED from Hasselt, company number BE0649662646, closed financial year 2025 with a result of € -110,604 after tax. For that financial year HRED recorded a gross margin of € -95,141 and equity of € 95,589. Compared with financial year 2024, the result moved from € 53,867 to € -110,604. The company made a loss. The buffer shrank hard: equity is 76 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 95,589
▼ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -110,604
▼ still € 53,867 profit in 2024
Profit after tax over the fiscal year.
€ 424,536
▲ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 33,589.
People and assets in 2025
€ 40,646
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 38,876
▼ 36% vs 2024
€ 13,092 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5,216
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,900
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 229,736 | € 69,993 | € 79,288 | € -95,141 | ▼ € 174,429 |
| Profit after taxes | € 164,988 | € 29,773 | € 53,867 | € -110,604 | ▼ € 164,470 |
| Equity | € 564,253 | € 592,326 | € 406,193 | € 95,589 | ▼ 76% |
| Total debts | € 787,938 | € 965,129 | € 625,920 | € 459,035 | ▼ 27% |
| Cash | € 110,558 | € 360,478 | € 213,803 | € 424,536 | ▲ 99% |
| Retained profit | € 502,253 | € 530,326 | € 344,193 | € 33,589 | ▼ 90% |
| Dividend | € 1,600 | € 1,700 | € 240,000 | € 200,000 | ▼ 17% |
| Bank debt | € 224,885 | € 519,037 | € 60,800 | € 38,876 | ▼ 36% |
| Balance sheet total | € 1,352,190 | € 1,557,455 | € 1,032,113 | € 554,624 | ▼ 46% |
Key figures of HRED, 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 HRED?
What happened at HRED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 110,604 (▼ € 164,470 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 164,988 profit in 2022 to € 110,604 loss in 2025.
Paid € 72,825 in corporate taxes since 2022.
Best year ever: 2022, with € 164,988 profit.
Paid out € 443,300 in dividends to the owners in total.
A new publication or filing at HRED? 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
Behind HRED is Thomas HOUBEN. Thomas HOUBEN is also behind LIMITLESS, ZIERO and PRO RED.
Establishments
Establishment units
Physical locations of this company
Muntelbeekstraat 9
3500 Hasselt
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 →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
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Vercel DNS
Website info
Features
Security
Network
Details
- Company number
- 0649.662.646
- VAT number
- BE 0649.662.646
- Registered office
- Muntelbeekstraat 9, 3500 Hasselt
- Names & denominations
- HRED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2016
- Peppol
- Active · Active since 4 Aug 2025
- Contact
- limitless.be
- Activities · NACE
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