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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
S&H HOLDING from Nazareth-De Pinte, company number BE0685458319, closed financial year 2025 with a result of € 161,637 after tax. For that financial year S&H HOLDING recorded a gross margin of € 239,132 and equity of € 368,205. Compared with financial year 2024, the result moved from € 97,795 to € 161,637. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 368,205
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 161,637
▲ 65% vs 2024
Profit after tax over the fiscal year.
€ 111,562
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 174,432 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 469,545
▼ 11% vs 2024
€ 61,470 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 103
Supplier invoices still open on the last day of the fiscal year.
€ 31,841
▼ 29% 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 | € 236,078 | € 219,380 | € 160,093 | € 239,132 | ▲ 49% |
| Profit after taxes | € 155,851 | € 157,440 | € 97,795 | € 161,637 | ▲ 65% |
| Equity | € 283,205 | € 283,205 | € 381,000 | € 368,205 | ▼ 3% |
| Total debts | € 883,108 | € 847,200 | € 748,197 | € 808,599 | ▲ 8% |
| Cash | € 129,920 | € 41,336 | € 76,190 | € 111,562 | ▲ 46% |
| Retained profit | € 264,655 | € 264,655 | € 362,450 | € 349,655 | ▼ 4% |
| Dividend | € 158,433 | € 157,440 | € 0 | € 174,432 | |
| Bank debt | € 655,287 | € 593,032 | € 529,807 | € 469,545 | ▼ 11% |
| Balance sheet total | € 1,166,313 | € 1,130,405 | € 1,129,197 | € 1,176,804 | ▲ 4% |
Key figures of S&H HOLDING, 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 S&H HOLDING?
What happened at S&H HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 161,637 (▲ 65% vs 2024). Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Hendrik De Rocker became a director. NBB
- Stéphanie van 't Klooster became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 155,851 profit in 2022 to € 161,637 profit in 2025.
Paid € 200,426 in corporate taxes since 2022.
Best year ever: 2025, with € 161,637 profit.
Paid out € 490,304 in dividends to the owners in total.
Management
Behind S&H HOLDING are Hendrik De Rocker and Stéphanie van 't Klooster. It owns 100% of S&H Pharma itself.
Directors
According to the 2025 annual accounts
Hendrik De Rocker
Director
Also active at: Association Pharmaceutique Belge-Algemene Pharmaceutische Bond, Belgisch Centrum voor Farmacotherapeutische Informatie-Centre Belge d'Information Pharmacothérapeutique, Ligue Cardiologique belge
since 2017
since 2017
Establishments
Establishment units
Physical locations of this company
Keistraat 99
9840 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.458.319
- VAT number
- BE 0685.458.319
- Registered office
- Keistraat 99, 9840 Nazareth-De Pinte
- Names & denominations
- S&H HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2017
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Activiteiten van holdings
Holdings