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 57 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
HVB - IMTC from Nazareth-De Pinte, company number BE0693813779, closed financial year 2025 with a result of € 17,111 after tax. For that financial year HVB - IMTC recorded a gross margin of € 433,533 and equity of € 211,460. Compared with financial year 2024, the result moved from € 128,148 to € 17,111. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 211,460
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,111
▼ 87% vs 2024
Profit after tax over the fiscal year.
€ 34,988
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 25,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.4
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 310,400
▲ 29% vs 2024
€ 48,500 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.
€ 53,659
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 575,065
▲ 38% vs 2024
€ 35,839 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 935,335
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 70,487
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 281,151 | € 379,916 | € 512,990 | € 433,533 | ▼ 15% |
| Profit after taxes | € 35,936 | € 23,651 | € 128,148 | € 17,111 | ▼ 87% |
| Equity | € 127,551 | € 151,202 | € 219,349 | € 211,460 | ▼ 4% |
| Total debts | € 1,044,948 | € 1,648,060 | € 1,389,385 | € 1,617,386 | ▲ 16% |
| Cash | € 12,958 | € 9,630 | € 27,437 | € 34,988 | ▲ 28% |
| Retained profit | € 108,951 | € 132,602 | € 200,749 | € 192,860 | ▼ 4% |
| Dividend | € 30,000 | € 0 | € 60,000 | € 25,000 | ▼ 58% |
| Bank debt | € 300,783 | € 559,562 | € 415,602 | € 575,065 | ▲ 38% |
| Balance sheet total | € 1,172,499 | € 1,799,261 | € 1,608,735 | € 1,828,847 | ▲ 14% |
| Employees (FTE) | 3.4 | 4.7 | 5.2 | 6.4 | ▲ 1.2 |
Key figures of HVB - IMTC, 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 HVB - IMTC?
What happened at HVB - IMTC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,111 (▼ 87% vs 2024). Source: NBB ↗
- HVG MANAGEMENT BV became a director. NBB
- Benny Van Heule stepped down as director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Benny Van Heule became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 35,936 profit in 2022 to € 17,111 profit in 2025.
Paid € 61,407 in corporate taxes since 2022.
Best year ever: 2024, with € 128,148 profit.
On average € 67,700 of value added per employee in 2025.
Management
Behind HVB - IMTC is HVG MANAGEMENT BV. HVG MANAGEMENT BV is also behind HVG IMMO.
Directors
According to the 2025 annual accounts
since 2025
since 2018 · until 2025
Establishments
Establishment units
Physical locations of this company
Venecoweg 3
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0693.813.779
- VAT number
- BE 0693.813.779
- Registered office
- Venecoweg 3, 9810 Nazareth-De Pinte
- Names & denominations
- HVB - IMTC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 March 2018
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
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