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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HM COLLECTION from Waregem, company number BE0753776013, closed financial year 2025 with a result of € -987,405 after tax. For that financial year HM COLLECTION recorded a gross margin of € 595,561 and equity of € 42.8 million. Compared with financial year 2024, the result moved from € 549,887 to € -987,405. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 20, 2026.
€ 42.8 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -987,405
▼ still € 549,887 profit in 2024
Profit after tax over the fiscal year.
€ 837,544
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 99,595
▲ 17% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 24.4 million
▲ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 292,813
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,318
▼ 51% 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 | € -330,143 | € -172,046 | € 995,346 | € 595,561 | ▼ 40% |
| Profit after taxes | € -800,403 | € -2,099,665 | € 549,887 | € -987,405 | ▼ € 1.5 million |
| Equity | € 45,294,631 | € 43,194,966 | € 43,744,853 | € 42,757,448 | ▼ 2% |
| Total debts | € 101,110 | € 5,274,648 | € 21,871,675 | € 29,476,732 | ▲ 35% |
| Cash | € 3,411,316 | € 1,247,440 | € 528,058 | € 837,544 | ▲ 59% |
| Land & buildings | € 6,606,734 | € 8,872,655 | € 11,596,314 | € 16,491,101 | ▲ 42% |
| Retained profit | € -3,205,369 | € -5,305,034 | € -4,755,147 | € -5,742,552 | ▼ € 987,405 |
| Bank debt | € 0 | € 0 | € 21,000,000 | € 24,350,000 | ▲ 16% |
| Balance sheet total | € 45,395,740 | € 48,469,614 | € 65,616,528 | € 72,234,181 | ▲ 10% |
| Employees (FTE) | 1 | 1 | 0 | 0 |
Key figures of HM COLLECTION, 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 HM COLLECTION?
What happened at HM COLLECTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 987,405 (▼ € 1.5 million vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 800,403 loss in 2022 to € 987,405 loss in 2025.
Paid € 108,373 in corporate taxes since 2022.
Best year ever: 2024, with € 549,887 profit.
Management
Behind HM COLLECTION are Bernard De Meester, John Laebens and Ann Thermote. It owns 100% of Midex International itself.
Directors
According to the 2025 annual accounts
Bernard De Meester
Director
Also active at: GROEP PROMOTIE - BOUW, MIDEX INTERNATIONAL, VINTEOR, BERAN MANAGEMENT, Fremato Equipment, TVH Global, ECHLIN INVEST
Ann Thermote
Director
Also active at: MIDEX INTERNATIONAL, THERIMO, BERAN MANAGEMENT, Waregem RE, TVH Global, ECHLIN INVEST
Establishments
Establishment units
Physical locations of this company
Brabantstraat 15
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
All companies at this address →TVH PARTS
€ 825.1 million revenue · 2025
FREMATO GROUP
€ 34 million revenue · 2025
MIDEX INTERNATIONAL same network
€ 118,004 gross margin · 2025
BERAN MANAGEMENT same network
€ 98,637 gross margin · 2025
Hano
+11 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
- 0753.776.013
- VAT number
- BE 0753.776.013
- Registered office
- Brabantstraat 15, 8790 Waregem
- Names & denominations
- HM COLLECTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 2020
- Peppol
- Active · Active since 26 Jun 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Carrosserieherstelling (inclusief spuiten en verven)
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
+2