Financials
Financial year 2025
HLSC from Oudenaarde, company number BE0728603523, closed financial year 2025 with a result of € 491,925 after tax. For that financial year HLSC recorded a gross margin of € 679,591 and equity of € 299,061. Compared with financial year 2024, the result moved from € 239,674 to € 491,925. Profitable, and profit is growing. The buffer shrank hard: equity is 51 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 28, 2026.
€ 299,061
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 491,925
▲ 105% vs 2024
Profit after tax over the fiscal year.
€ 201,520
▲ 225% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 800,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 1,985
▲ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 285,000
€ 30,000 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 3,680
▲ 224% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 100,729
▲ € 81,364 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 276,630 | € 294,165 | € 296,381 | € 679,591 | ▲ 129% |
| Profit after taxes | € 205,386 | € 221,662 | € 239,674 | € 491,925 | ▲ 105% |
| Equity | € 525,799 | € 602,461 | € 607,136 | € 299,061 | ▼ 51% |
| Total debts | € 233,603 | € 167,658 | € 255,501 | € 519,409 | ▲ 103% |
| Cash | € 637,810 | € 49,149 | € 62,052 | € 201,520 | ▲ 225% |
| Land & buildings | - | - | - | € 485,157 | |
| Retained profit | € 523,799 | € 600,461 | € 605,136 | € 297,061 | ▼ 51% |
| Dividend | € 550,000 | € 145,000 | € 235,000 | € 800,000 | ▲ 240% |
| Bank debt | € 0 | € 0 | € 0 | € 285,000 | |
| Balance sheet total | € 759,402 | € 770,119 | € 862,637 | € 818,470 | ▼ 5% |
Key figures of HLSC, 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 HLSC?
What happened at HLSC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 491,925 (▲ 105% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
- Henk Cardon became a director. NBB
In short
From € 205,386 profit in 2022 to € 491,925 profit in 2025.
Paid € 387,789 in corporate taxes since 2022.
Best year ever: 2025, with € 491,925 profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
Behind HLSC is Henk Cardon. Henk Cardon is also behind Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD and Advanced Computer Systems Technics.
Directors
According to the 2025 annual accounts
Henk Cardon
Director
Also active at: Alides Land, Building Hotel Maes, ALIDES PROPERTIES, ALIDES BOULEVARD, Advanced Computer Systems Technics, INVESTPOOL, INVESTERA, ESPACE BELLIARD +28 more
since 2019
Establishments
Establishment units
Physical locations of this company
Doornikse Heerweg 32
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0728.603.523
- VAT number
- BE 0728.603.523
- Registered office
- Doornikse Heerweg 32, 9700 Oudenaarde
- Names & denominations
- HLSC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 June 2019
- Peppol
- Active · Active since 3 Nov 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen