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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
The House of Finance from Kortrijk, company number BE0685593921, closed financial year 2025 with a result of € 9.6 million after tax. Compared with financial year 2024, the result moved from € 16.7 million to € 9.6 million. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 8, 2026.
€ 45.3 million
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9.6 million
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 52,428
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 28.3 million.
People and assets in 2025
3
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 251,416
▲ 29% vs 2024
€ 83,800 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.
Debts at end 2025
€ 1.3 billion
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 15,891
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 26,330
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -1,090,842 | € -2,384,636 | € 16,676,159 | € 9,627,316 | ▼ 42% |
| Equity | € 15,204,614 | € 12,819,977 | € 35,623,637 | € 45,250,953 | ▲ 27% |
| Total debts | € 1,344,294,464 | € 1,100,942,331 | € 1,462,850,676 | € 1,535,274,395 | ▲ 5% |
| Cash | € 120,645,119 | € 92,745,576 | € 6,690,041 | € 52,428 | ▼ 99% |
| Retained profit | € -1,795,386 | € -4,180,023 | € 18,623,637 | € 28,250,953 | ▲ 52% |
| Bank debt | € 920,000,000 | € 724,885,034 | € 1,367,266,127 | € 1,329,630,446 | ▼ 3% |
| Balance sheet total | € 1,359,499,078 | € 1,113,762,309 | € 1,498,474,313 | € 1,580,525,348 | ▲ 5% |
| Employees (FTE) | 2.1 | 1.7 | 2.8 | 3 | ▲ 0.2 |
Key figures of The House of Finance, fiscal years 2021 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 The House of Finance?
What happened at The House of Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Leen Geirnaerdt stepped down as director. NBB
- House of HR NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 9.6 million (▼ 42% vs 2024). Source: NBB ↗
- Leen Geirnaerdt became a director. NBB
- House of HR NV became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million loss in 2021 to € 9.6 million profit in 2025.
Paid € 9.6 million in corporate taxes since 2021.
Best year ever: 2024, with € 16.7 million profit.
Pays suppliers within 81 days on average.
A new publication or filing at The House of Finance? 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
The stake of House of HR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The House of FinanceThe shares are held by House of HR (100%).
Directors
According to the 2025 annual accounts
Leen Geirnaerdt
Director
Also active at: LOGI - TECHNIC, TEC, House of Invest, Book'u, House of HR, GRITT, House of IT Support, LEAN² +3 more
since 2024 · until 2030
Chairman of the board · represented by Rika Coppens
Also active at: ACCENT Jobs For People, LOGI - TECHNIC, BE-CONSULT, TEC, VIALEGIS, EuroTech, House of Invest, Book'u +21 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spinnerijstraat(Kor) 97
8500 Kortrijk
Beversesteenweg 576
8800 Roeselare
Active since 4 December 2017
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
- 0685.593.921
- VAT number
- BE 0685.593.921
- Registered office
- Spinnerijstraat(Kor) 97, 8500 Kortrijk
- Names & denominations
- The House of Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2017
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen