Financials
Financial year 2025
H-SB from Tienen, company number BE0763668429, closed financial year 2025 with a result of € 90,158 after tax. For that financial year H-SB recorded a gross margin of € 537,635 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 109,277 to € 90,158. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1.1 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,158
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 66,594
▲ 241% 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 € 888,373.
People and assets in 2025
1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 69,784
▼ 36% vs 2024
€ 69,800 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.
€ 205,233
▲ 181% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 480,808
▲ 26% vs 2024
€ 127,422 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 81,119
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,164
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 479,208 | € 657,809 | € 580,329 | € 537,635 | ▼ 7% |
| Profit after taxes | € 198,074 | € 256,893 | € 109,277 | € 90,158 | ▼ 17% |
| Equity | € 632,045 | € 888,938 | € 998,215 | € 1,088,373 | ▲ 9% |
| Total debts | € 728,080 | € 612,650 | € 543,129 | € 584,090 | ▲ 8% |
| Cash | € 105,892 | € 75,951 | € 19,533 | € 66,594 | ▲ 241% |
| Retained profit | € 432,045 | € 688,938 | € 798,215 | € 888,373 | ▲ 11% |
| Bank debt | € 519,339 | € 449,694 | € 382,817 | € 480,808 | ▲ 26% |
| Balance sheet total | € 1,360,125 | € 1,501,588 | € 1,541,344 | € 1,672,464 | ▲ 9% |
| Employees (FTE) | 1 | 1 | 1.9 | 1 | ▼ 0.9 |
Key figures of H-SB, 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 H-SB?
What happened at H-SB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,158 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Tienen. KBO
- Start of the company according to the CBE. KBO
- Bert Frans Honinckx became a director. NBB
In short
From € 198,074 profit in 2022 to € 90,158 profit in 2025.
Paid € 158,558 in corporate taxes since 2022.
Best year ever: 2023, with € 256,893 profit.
On average € 537,600 of value added per employee in 2025.
Management
Behind H-SB is Bert Frans Honinckx.
Directors
According to the 2025 annual accounts
Bert Frans Honinckx
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Industriepark 3
3300 Tienen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0763.668.429
- VAT number
- BE 0763.668.429
- Registered office
- Industriepark 3, 3300 Tienen
- Names & denominations
- H-SB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 2021
- Peppol
- Active · Active since 8 Oct 2025
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