Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 28.5 to 12.1.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HASAVLUTH from Deinze, company number BE0727762195, closed financial year 2025 with a result of € -345,776 after tax. For that financial year HASAVLUTH recorded a gross margin of € 739,297 and equity of € 41,233. Compared with financial year 2024, the result moved from € -389,483 to € -345,776. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ 41,233
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -345,776
▲ 11 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
12.1
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 120% vs 2024
€ 167,100 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.
€ 3,076
▼ 61% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 156,899
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.4 million
▲ € 1.3 million vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,239,050 | € 3,090,655 | € 587,987 | € 739,297 | ▲ 26% |
| Profit after taxes | € -494,251 | € 168,845 | € -389,483 | € -345,776 | ▲ € 43,708 |
| Equity | € 607,647 | € 776,492 | € 387,009 | € 41,233 | ▼ 89% |
| Total debts | € 907,624 | € 4,143,327 | € 983,403 | € 1,566,793 | ▲ 59% |
| Cash | € 7,691 | € 689 | € 685 | - | |
| Land & buildings | € 84,454 | € 84,454 | € 111,437 | € 104,547 | ▼ 6% |
| Retained profit | € -656,186 | € -487,341 | € -876,824 | € -1,222,600 | ▼ € 345,776 |
| Bank debt | € 136 | € 896 | € 0 | € 0 | |
| Balance sheet total | € 1,711,309 | € 5,132,030 | € 1,379,271 | € 1,613,778 | ▲ 17% |
| Employees (FTE) | 33.9 | 28.5 | 16 | 12.1 | ▼ 3.9 |
Key figures of HASAVLUTH, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to HASAVLUTH?
What happened at HASAVLUTH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 345,776. Source: NBB ↗
- Stefan VERSELE stepped down as director. NBB
- Lode VERSELE stepped down as director. NBB
- Gwijde VERSELE stepped down as director. NBB
- Lode VERSELE became a director. NBB
- New establishment in Hasselt. KBO
- New establishment in Deinze. KBO
- Start of the company according to the CBE. KBO
In short
From € 494,251 loss in 2021 to € 345,776 loss in 2025.
Paid € 1,030 in corporate taxes since 2021.
Best year ever: 2023, with € 168,845 profit.
On average € 61,100 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Stefan VERSELE
Managing director
Also active at: Verlatrans, HELUCA, MOLENS MARIMAN, Duvaco, BOSMOLEN, FINVOL PSI, VERLABREED, R.P.S. +27 more
since 2019 · until 2025
Lode VERSELE
Director
Also active at: Verlatrans, HELUCA, R.P.S., VERLINFO, VERLA-SEEDS, Versele-Laga, Hubstef, OROPHARMA +8 more
since 2023 · until 2025
Gwijde VERSELE
Managing director
Also active at: Verlatrans, HELUCA, MOLENS MARIMAN, Volys Star, Duvaco, BOSMOLEN, FINVOL PSI, VERLABREED +29 more
since 2019 · until 2025
Establishments
Establishment units
Physical locations of this company
Kapellestraat 70
9800 Deinze
Kempische Kaai 89
3500 Hasselt
Active since 4 June 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Verlatrans same network
€ 469,688 gross margin · 2025
HELUCA same network
€ 4.4 million revenue · 2025
MOLENS MARIMAN same network
€ 41,762 gross margin · 2025
Duvaco same network
€ -88 gross margin · 2025
BOSMOLEN same network
€ 280,772 gross margin · 2025
+24 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
- 0727.762.195
- VAT number
- BE 0727.762.195
- Registered office
- Kapellestraat 70, 9800 Deinze
- Names & denominations
- HASAVLUTH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2019
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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