Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.9 to 5.2.
Financials
Financial year 2025
Hove Zuid from Hove, company number BE0772701010, closed financial year 2025 with a result of € -9,617 after tax. For that financial year Hove Zuid recorded a gross margin of € 218,121 and equity of € -213,276. Compared with financial year 2024, the result moved from € -88,922 to € -9,617. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -213,276
▼ € 18,303 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,617
▲ 89 % less loss than in 2024
Profit after tax over the fiscal year.
€ 171
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -334,601.
People and assets in 2025
5.2
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 147,388
▼ 42% vs 2024
€ 28,300 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.
€ 17,014
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 364,172
▼ 13% vs 2024
€ 18,208 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 24,180
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,771
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,913 | € 326,402 | € 251,646 | € 218,121 | ▼ 13% |
| Profit after taxes | € -151,876 | € -84,185 | € -88,922 | € -9,617 | ▲ € 79,304 |
| Equity | € -4,494 | € -97,365 | € -194,973 | € -213,276 | ▼ € 18,303 |
| Total debts | € 741,206 | € 615,753 | € 665,886 | € 585,855 | ▼ 12% |
| Cash | € 3,593 | € 1,850 | € 311 | € 171 | ▼ 45% |
| Retained profit | € -151,876 | € -236,061 | € -324,983 | € -334,601 | ▼ € 9,617 |
| Bank debt | € 622,497 | € 465,100 | € 418,207 | € 364,172 | ▼ 13% |
| Balance sheet total | € 736,712 | € 518,388 | € 470,913 | € 372,579 | ▼ 21% |
| Employees (FTE) | - | 14.9 | 7.1 | 5.2 | ▼ 1.9 |
Key figures of Hove Zuid, 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 Hove Zuid?
What happened at Hove Zuid in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,617. Source: NBB ↗
- New establishment in Hove. KBO
- Start of the company according to the CBE. KBO
In short
From € 151,876 loss in 2022 to € 9,617 loss in 2025.
Paid € 100 in corporate taxes since 2022.
On average € 41,900 of value added per employee in 2025.
A new publication or filing at Hove Zuid? We notify you, reason included.
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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 DECAP, STEFTA, TASTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Hove ZuidBehind Hove Zuid is Luc Van Braekel. The shares are held by DECAP (30%), STEFTA (25%) and TASTE (22.5%).
Directors
According to the 2025 annual accounts
Luc Van Braekel
Director
Also active at: TASTE, DECAP, STEFTA, Genetisch Diagnostisch Netwerk, ADVOCAAT L. VAN BRAEKEL
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jozef Lambrechtslei 21
2540 Hove
Paul Van Ostaijenlaan 2
2540 Hove
Active since 19 August 2021
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.
Details
- Company number
- 0772.701.010
- VAT number
- BE 0772.701.010
- Registered office
- Jozef Lambrechtslei 21, 2540 Hove
- Names & denominations
- Hove Zuid
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 August 2021
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Cafés en bars
Overige eetgelegenheden
Eetgelegenheden met beperkte bediening