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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HDC & COMPANY from Tielt, company number BE0743839946, closed financial year 2025 with a result of € -24,901 after tax. For that financial year HDC & COMPANY recorded a gross margin of € -5,973 and equity of € 506,678. Compared with financial year 2024, the result moved from € -32,355 to € -24,901. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 506,678
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,901
▲ 23 % less loss than in 2024
Profit after tax over the fiscal year.
€ 40,208
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 326,678.
Debts at end 2025
€ 788,651
▼ 4% vs 2024
€ 77,482 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -461 | € -11,446 | € -24,136 | € -5,973 | ▲ € 18,163 |
| Profit after taxes | € 1,995 | € 361,383 | € -32,355 | € -24,901 | ▲ € 7,454 |
| Equity | € 202,551 | € 563,934 | € 531,579 | € 506,678 | ▼ 5% |
| Total debts | € 2,097,096 | € 1,746,644 | € 1,739,099 | € 1,765,895 | ▲ 2% |
| Cash | € 55,743 | € 44,340 | € 35,827 | € 40,208 | ▲ 12% |
| Retained profit | € 22,551 | € 383,934 | € 351,579 | € 326,678 | ▼ 7% |
| Bank debt | € 936,450 | € 881,439 | € 825,111 | € 788,651 | ▼ 4% |
| Balance sheet total | € 2,299,646 | € 2,310,578 | € 2,270,678 | € 2,272,573 |
Key figures of HDC & COMPANY, 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 HDC & COMPANY?
What happened at HDC & COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,901. filed late Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- Luc Dubaere became a director. NBB
- Harry Dubaere became a director. NBB
In short
From € 1,995 profit in 2022 to € 24,901 loss in 2025.
Best year ever: 2023, with € 361,383 profit.
Management
Behind HDC & COMPANY are Luc Dubaere and Harry Dubaere. It owns 100% of Studeka NV itself.
Directors
According to the 2025 annual accounts
Luc Dubaere
Director
Also active at: DVA, STUDEKA, FIRMA DUBAERE - VANDEN AVENNE, DUBACO, NORINVEST, Mare Nostra, REBOPLAST, SMARTROOF +4 more
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Ambachtenlaan 28
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DVA same network
€ 974,632 gross margin · 2025
DUBACO same network
€ 84,450 gross margin · 2025
STORIM INVEST
€ 2 million gross margin · 2025
REBOPLAST same network
€ 25,292 gross margin · 2025
SMARTROOF same network
€ -25,333 gross margin · 2025
+4 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
- 0743.839.946
- VAT number
- BE 0743.839.946
- Registered office
- Ambachtenlaan 28, 8760 Tielt
- Names & denominations
- HDC & COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 2020
- Peppol
- Active · Active since 21 Jan 2025
- Activities · NACE
Vervaardiging van kantoor- en winkelmeubelen
Groothandel in huismeubilair
Reparatie en onderhoud van meubelen en stoffering
Detailhandel in huismeubilair
Detailhandel in huismeubilair in gespecialiseerde winkels