Financials
Financial year 2025
HIGHDROVE from Glabbeek, company number BE0650858617, closed financial year 2025 with a result of € -18,396 after tax. For that financial year HIGHDROVE recorded a gross margin of € -13,544 and equity of € 27,101. Compared with financial year 2024, the result moved from € 3,277 to € -18,396. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 27,101
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,396
▼ still € 3,277 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 22,101.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 621
▼ 94% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,280
Loans from banks and other lenders, long and short.
€ 4,541
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 876
▼ 95% 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 | € 22,164 | € 26,058 | € 15,384 | € -13,544 | ▼ € 28,929 |
| Profit after taxes | € 14,238 | € 14,281 | € 3,277 | € -18,396 | ▼ € 21,674 |
| Equity | € 27,939 | € 42,220 | € 45,497 | € 27,101 | ▼ 40% |
| Total debts | € 33,648 | € 24,024 | € 56,318 | € 10,097 | ▼ 82% |
| Cash | € 8,263 | € 10,671 | € 30,427 | - | |
| Retained profit | € 22,939 | € 37,220 | € 40,497 | € 22,101 | ▼ 45% |
| Dividend | € 9,797 | € 0 | € 0 | € 0 | |
| Bank debt | € 8,000 | € 0 | € 0 | € 4,280 | |
| Balance sheet total | € 61,587 | € 66,244 | € 101,815 | € 37,198 | ▼ 63% |
Key figures of HIGHDROVE, 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 HIGHDROVE?
What happened at HIGHDROVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,396 (▼ € 21,674 vs 2024). filed late Source: NBB ↗
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
- DAAN QUAGHEBEUR became a director. NBB
In short
From € 14,238 profit in 2022 to € 18,396 loss in 2025.
Paid € 16,845 in corporate taxes since 2022.
Best year ever: 2023, with € 14,281 profit.
Paid out € 9,797 in dividends to the owners in total.
Management
Behind HIGHDROVE is DAAN QUAGHEBEUR.
Directors
According to the 2025 annual accounts
DAAN QUAGHEBEUR
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Tiensesteenweg 135
3380 Glabbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.858.617
- VAT number
- BE 0650.858.617
- Registered office
- Tiensesteenweg 135, 3380 Glabbeek
- Names & denominations
- HIGHDROVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2016
- Peppol
- Active · Active since 17 Apr 2026
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