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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Shrinking team NBB
FTE fell two years in a row, from 4.7 to 1.6.
Financials
Financial year 2025
HESTOR from Aalst, company number BE0667869645, closed financial year 2025 with a result of € 4,368 after tax. For that financial year HESTOR recorded a gross margin of € 200,625 and equity of € 24,036. Compared with financial year 2024, the result moved from € 33,543 to € 4,368. The company is profitable. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 24,036
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,368
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 123,594
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 443,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.6
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 105,484
▼ 51% vs 2024
€ 65,900 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.
€ 35,028
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 135,966
▼ 22% vs 2024
€ 36,279 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 149,014
▲ € 115,841 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,499
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 347,431 | € 331,780 | € 380,273 | € 200,625 | ▼ 47% |
| Profit after taxes | € 60,173 | € 36,129 | € 33,543 | € 4,368 | ▼ 87% |
| Equity | € 410,291 | € 429,125 | € 462,668 | € 24,036 | ▼ 95% |
| Total debts | € 641,007 | € 548,994 | € 775,733 | € 692,307 | ▼ 11% |
| Cash | € 711,426 | € 580,165 | € 291,518 | € 123,594 | ▼ 58% |
| Retained profit | € 389,831 | € 408,665 | € 442,208 | € 3,576 | ▼ 99% |
| Dividend | € 35,294 | € 0 | € 0 | € 443,000 | |
| Bank debt | € 79,372 | € 120,339 | € 174,649 | € 135,966 | ▼ 22% |
| Balance sheet total | € 1,051,298 | € 978,119 | € 1,238,400 | € 716,343 | ▼ 42% |
| Employees (FTE) | 4.4 | 4.7 | 3.8 | 1.6 | ▼ 2.2 |
Key figures of HESTOR, 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 HESTOR?
What happened at HESTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4,368 (▼ 87% vs 2024). Source: NBB ↗
- New establishment in Bornem. KBO
- New establishment in Temse. KBO
- New establishment in Sint-Niklaas. KBO
- New establishment in Hamme (Vl.). KBO
- New establishment in Sint-Niklaas. KBO
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 60,173 profit in 2022 to € 4,368 profit in 2025.
Paid € 52,686 in corporate taxes since 2022.
Best year ever: 2022, with € 60,173 profit.
On average € 125,400 of value added per employee in 2025.
Management
Behind HESTOR is Passiemmo Comm.V. Passiemmo Comm.V is also behind IMMO ZONE, KENMIDES, MORTELL and B&V-Invest.
Directors
According to the 2025 annual accounts
Director · represented by Kristof Vanderbeken
Also active at: IMMO ZONE, KENMIDES, MORTELL, B&V-Invest
Establishments
Establishment units
Physical locations of this company
Keizersplein 71
9300 Aalst
Slangstraat 10 box B
9220 Hamme (Vl.)
Active since 20 December 2016
Plezantstraat 80
9100 Sint-Niklaas
Active since 2 January 2023
Kaaistraat 40 box 1
9220 Hamme (Vl.)
Active since 2 January 2023
Kasteeldreef 3
9111 Sint-Niklaas
Active since 2 January 2023
Puursesteenweg(BOR) 9 box AGLV
2880 Bornem
Active since 4 April 2023
Kouterstraat 70 box A
9140 Temse
Active since 4 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Details
- Company number
- 0667.869.645
- VAT number
- BE 0667.869.645
- Registered office
- Keizersplein 71, 9300 Aalst
- Names & denominations
- HESTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 2016
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
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