Active · per the CBE, 30 October 2026
Hyler logo

Hyler

BE0667953282

Rechtspersoon Private limited company 1 establishment

Hyler is a machinery manufacturer in Tielt. Private Limited, started on 21 December 2016, 1 establishment.

Oude Gentstraat 28A, 8760 Tielt hyler.be 0032485718940 [email protected]

Behind the company: Niels Baert.

Active for

9 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Hyler from Tielt, company number BE0667953282, closed financial year 2025 with a result of € 738,309 after tax. For that financial year Hyler recorded a gross margin of € 3.6 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 1.6 million to € 738,309. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.

What it is worth Growing

€ 3 million

▲ 28% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 738,309

▼ 53% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.9 million

▲ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.8 million.

People and assets in 2025

Full-time equivalents

8.8

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.4 million

▲ 76% vs 2024

€ 163,900 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.

Vehicles and equipment

€ 356,421

▲ 70% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 3.9 million

▲ 68% vs 2024

€ 507,587 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 5.5 million

▲ € 4.3 million vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 261,339

▲ 91% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 722,275 € 945,701 € 2,924,085 € 3,623,402 ▲ 24%
Profit after taxes € 237,744 € 138,386 € 1,569,360 € 738,309 ▼ 53%
Equity € 816,038 € 833,699 € 2,323,413 € 2,982,076 ▲ 28%
Total debts € 2,772,787 € 4,610,564 € 5,020,327 € 10,117,698 ▲ 102%
Cash € 104,241 € 393,781 € 1,452,539 € 1,934,916 ▲ 33%
Land & buildings - - € 267,368 € 760,067 ▲ 184%
Retained profit € 367,964 € 506,350 € 2,075,710 € 2,814,019 ▲ 36%
Bank debt € 2,017,203 € 2,887,688 € 2,310,438 € 3,883,032 ▲ 68%
Balance sheet total € 3,588,826 € 5,444,263 € 7,343,740 € 13,099,775 ▲ 78%
Employees (FTE) - 10.9 0 8.8

Key figures of Hyler, 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 March 2027.

What happened to Hyler?

What happened at Hyler in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 738,309 (▼ 53% vs 2024). Source: NBB ↗
  • New establishment in Tielt. KBO
  • Start of the company according to the CBE. KBO
  • Niels Baert became a director. NBB

In short

From € 237,744 profit in 2022 to € 738,309 profit in 2025.

Paid € 102,761 in corporate taxes since 2022.

Best year ever: 2024, with € 1.6 million profit.

On average € 411,800 of value added per employee in 2025.

Management

Niels Baert
Hyler

Behind Hyler is Niels Baert. Niels Baert is also behind Hinx.

Directors

According to the 2025 annual accounts

Niels Baert

Director

Also active at: Hinx

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Oude Gentstraat 28A

8760 Tielt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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

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Hosting & Email

Email provider

Microsoft 365

Hosting

UPCLOUD, FI

Domain

Domain

hyler.be

Registered

2017-09-24

Website info

HTTPS Ja
Languages EN, FR, NL
Copyright 2026

Features

Webshop Ads

Security

✓ HTTPS
✓ SPF
✓ DMARC

Network

✓ IPv6

Details

Company number
0667.953.282
VAT number
BE 0667.953.282
Registered office
Oude Gentstraat 28A, 8760 Tielt
Names & denominations
Hyler
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
21 December 2016
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van andere gereedschapswerktuigen

Ondersteunende activiteiten in verband met de teelt van gewassen

Reparatie en onderhoud van machines

Vervaardiging van machines voor de productie van textiel, kleding en leer

Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking

Vervaardiging van andere machines voor specifieke doeleinden neg

Frequently asked questions

What does Hyler do?
Hyler is a machinery manufacturer in Tielt. Private Limited, started on 21 December 2016, 1 establishment.
What is the address of Hyler?
The registered office of Hyler is located at Oude Gentstraat 28A, 8760 Tielt.
Is Hyler still active?
Yes. According to the CBE (30 October 2026) Hyler is active, legal situation “Normale toestand”, started on 21 December 2016.
Is Hyler registered on Peppol?
Yes, Hyler is registered on the Peppol network with ID 0208:0667953282.
What is the enterprise number of Hyler?
The enterprise number of Hyler is BE0667953282.
When was Hyler founded?
Hyler was founded on 21 December 2016.