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 5 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HH INFRA from Waregem, company number BE0685945101, closed financial year 2025 with a result of € 43,252 after tax. Compared with financial year 2024, the result moved from € 74,648 to € 43,252. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ 1.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,252
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 948
▼ 59% 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 € 738,588.
Debts at end 2025
€ 451,200
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 1,415
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,618
▲ € 15,745 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 65,031 | € 69,325 | € 74,648 | € 43,252 | ▼ 42% |
| Equity | € 871,363 | € 940,688 | € 1,015,336 | € 1,058,588 | ▲ 4% |
| Total debts | € 497,903 | € 520,098 | € 548,626 | € 617,210 | ▲ 13% |
| Cash | € 11,568 | € 4,998 | € 2,330 | € 948 | ▼ 59% |
| Retained profit | € 551,363 | € 620,688 | € 695,336 | € 738,588 | ▲ 6% |
| Bank debt | € 442,000 | € 442,000 | € 446,200 | € 451,200 | ▲ 1% |
| Balance sheet total | € 1,369,267 | € 1,460,786 | € 1,563,962 | € 1,675,798 | ▲ 7% |
Key figures of HH INFRA, 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 HH INFRA?
What happened at HH INFRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,252 (▼ 42% vs 2024). Source: NBB ↗
- Paul Thiers became a director. NBB
- Davy Demuynck became a director. NBB
- Kristof Vanfleteren became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 65,031 profit in 2022 to € 43,252 profit in 2025.
Paid € 17,618 in corporate taxes since 2022.
Best year ever: 2024, with € 74,648 profit.
Pays suppliers within 166 days on average.
A new publication or filing at HH INFRA? 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 LION INVESTMENT FUND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HH INFRABehind HH INFRA are Paul Thiers, Davy Demuynck and Kristof Vanfleteren. The shares are held by LION INVESTMENT FUND (100%).
Directors
According to the 2025 annual accounts
Paul Thiers
Director
Also active at: COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, BedRocks, KEMPENSE LAND BANK, STUDIO 2CV, CELIDEE CONSTRUCT, ION Service Provider +39 more
since 2023
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2023
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+69 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.945.101
- VAT number
- BE 0685.945.101
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- HH INFRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2017
- Peppol
- Active · Active since 1 Jan 2001