Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HOUSE OF STEEL from Herzele, company number BE0749558887, closed financial year 2025 with a result of € 27,360 after tax. For that financial year HOUSE OF STEEL recorded a gross margin of € 1.1 million and equity of € 242,526. Compared with financial year 2024, the result moved from € 66,361 to € 27,360. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 242,526
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,360
▼ 59% vs 2024
Profit after tax over the fiscal year.
€ 83,613
▼ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 239,526.
People and assets in 2025
14.8
▲ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 925,701
▲ 52% vs 2024
€ 62,500 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.
€ 31,046
▲ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 966,107
▲ 94% vs 2024
€ 132,936 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 786,610
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 167,593
▲ 118% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 185,926 | € 486,307 | € 782,699 | € 1,096,058 | ▲ 40% |
| Profit after taxes | € 39,180 | € 104,236 | € 66,361 | € 27,360 | ▼ 59% |
| Equity | € 44,569 | € 148,805 | € 215,166 | € 242,526 | ▲ 13% |
| Total debts | € 831,609 | € 907,643 | € 1,245,408 | € 2,091,614 | ▲ 68% |
| Cash | € 33,584 | € 173,882 | € 320,593 | € 83,613 | ▼ 74% |
| Land & buildings | € 130,181 | € 105,325 | € 98,717 | € 52,986 | ▼ 46% |
| Retained profit | € 41,569 | € 145,805 | € 212,166 | € 239,526 | ▲ 13% |
| Bank debt | € 502,544 | € 440,940 | € 498,415 | € 966,107 | ▲ 94% |
| Balance sheet total | € 876,179 | € 1,056,448 | € 1,460,573 | € 2,334,140 | ▲ 60% |
| Employees (FTE) | 2 | - | 10.7 | 14.8 | ▲ 4.1 |
Key figures of HOUSE OF STEEL, 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 HOUSE OF STEEL?
What happened at HOUSE OF STEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,360 (▼ 59% vs 2024). Source: NBB ↗
- New establishment in Herzele. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,180 profit in 2022 to € 27,360 profit in 2025.
Paid € 69,412 in corporate taxes since 2022.
Best year ever: 2023, with € 104,236 profit.
On average € 74,100 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
The stake of Modular Building Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HOUSE OF STEELBehind HOUSE OF STEEL is Pieter Van Overwalle. The shares are held by Modular Building Group (100%).
Directors
According to the 2025 annual accounts
Pieter Van Overwalle
Director
Also active at: BE SECURE, VOP GROUP, BVO GROUP, Terratec, House of Steel Rent, Modular Building Group
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ketegemstraat 11
9552 Herzele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0749.558.887
- VAT number
- BE 0749.558.887
- Registered office
- Ketegemstraat 11, 9552 Herzele
- Names & denominations
- HOUSE OF STEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2020
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- houseofsteel.be [email protected]
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden