Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 2.3 to 1.6.
Financials
Financial year 2025
Hiel from Dendermonde, company number BE0713750546, closed financial year 2025 with a result of € 27,049 after tax. For that financial year Hiel recorded a gross margin of € 197,502 and equity of € 208,000. Compared with financial year 2024, the result moved from € 281,910 to € 27,049. The company is profitable. The buffer shrank hard: equity is 82 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 11, 2026.
€ 208,000
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,049
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 72,105
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 953,448 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
1.6
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 134,811
▼ 5% vs 2024
€ 84,300 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.
€ 38,031
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22,740
▼ 26% vs 2024
€ 8,197 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2,515
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,909
▲ 113% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 560,000 | € 555,367 | € 542,510 | € 197,502 | ▼ 64% |
| Profit after taxes | € 210,818 | € 194,198 | € 281,910 | € 27,049 | ▼ 90% |
| Equity | € 658,291 | € 852,490 | € 1,134,399 | € 208,000 | ▼ 82% |
| Total debts | € 192,876 | € 184,116 | € 134,201 | € 507,556 | ▲ 278% |
| Cash | € 537,897 | € 611,847 | € 520,105 | € 72,105 | ▼ 86% |
| Land & buildings | € 1,502 | € 5,711 | € 12,212 | € 7,403 | ▼ 39% |
| Retained profit | € 639,741 | € 833,940 | € 1,115,849 | € 189,450 | ▼ 83% |
| Dividend | € 0 | € 0 | € 0 | € 953,448 | |
| Bank debt | € 46,815 | € 77,541 | € 30,609 | € 22,740 | ▼ 26% |
| Balance sheet total | € 851,167 | € 1,036,606 | € 1,268,601 | € 715,556 | ▼ 44% |
| Employees (FTE) | 2.4 | 2.3 | 2 | 1.6 | ▼ 0.4 |
Key figures of Hiel, 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 Hiel?
What happened at Hiel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,049 (▼ 90% vs 2024). filed late Source: NBB ↗
- New establishment in Dendermonde. KBO
- Start of the company according to the CBE. KBO
- Hiel-Van Gorp BV became a director. NBB
In short
From € 210,818 profit in 2022 to € 27,049 profit in 2025.
Paid € 260,950 in corporate taxes since 2022.
Best year ever: 2024, with € 281,910 profit.
On average € 123,400 of value added per employee in 2025.
Management
The stake of HIEL-VAN GORP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HielBehind Hiel is Hiel-Van Gorp BV. The shares are held by HIEL-VAN GORP (75.5%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Hiel
Also active at: HIEL - SIMON C & C °, Patrimonia, GILASUR, Baeyens Bosteels & Dender Insurance, Baeyens Bosteels & Dender Finance
since 2018
Shareholders
75.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vlasmarkt (DEN) 12/A
9200 Dendermonde
Vlasmarkt (DEN) 12 box A
9200 Dendermonde
Active since 1 January 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.750.546
- VAT number
- BE 0713.750.546
- Registered office
- Vlasmarkt (DEN) 12/A, 9200 Dendermonde
- Names & denominations
- Hiel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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