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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
HCFB Commerce from Gent, company number BE0791178817, closed financial year 2024 with a result of € -48,628 after tax. For that financial year HCFB Commerce recorded a gross margin of € -32,351 and equity of € -19,383. Compared with financial year 2023, the result moved from € 9,245 to € -48,628. 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 April 30, 2025.
€ -19,383
▼ € 48,628 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,628
▼ still € 9,245 profit in 2023
Profit after tax over the fiscal year.
€ 376
▼ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -39,383.
People and assets in 2024
€ 10,713
▼ 55% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,354
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 8,987
€ 6,082 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2,377
▼ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 31,120
▲ 148% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 39,658 | € -32,351 | ▼ € 72,009 |
| Profit after taxes | € 9,245 | € -48,628 | ▼ € 57,874 |
| Equity | € 29,245 | € -19,383 | ▼ € 48,628 |
| Total debts | € 54,978 | € 113,241 | ▲ 106% |
| Cash | € 18,479 | € 376 | ▼ 98% |
| Retained profit | € 9,245 | € -39,383 | ▼ € 48,628 |
| Bank debt | € 0 | € 8,987 | |
| Balance sheet total | € 84,223 | € 93,859 | ▲ 11% |
Key figures of HCFB Commerce, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to HCFB Commerce?
What happened at HCFB Commerce in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 48,628 (▼ € 57,874 vs 2023). Source: NBB ↗
- New establishment in Eeklo. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,245 profit in 2023 to € 48,628 loss in 2024.
Paid € 2,463 in corporate taxes since 2023.
Best year ever: 2023, with € 9,245 profit.
Management
Behind HCFB Commerce are Hüseyin Cakmak and Fidin Bungur.
Directors
According to the 2024 annual accounts
Hüseyin Cakmak
Director
Fidin Bungur
Director
Establishments
Establishment units
Physical locations of this company
Molenstraat 214
9032 Gent
Leopoldlaan 98
9900 Eeklo
Active since 1 March 2024
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
- 0791.178.817
- VAT number
- BE 0791.178.817
- Registered office
- Molenstraat 214, 9032 Gent
- Names & denominations
- HCFB Commerce
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2022
- Peppol
- Active · Active since 19 Sept 2023
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige niet-gespecialiseerde detailhandel
Detailhandel via postorderbedrijven of via internet
Bouw van civieltechnische werken voor vloeistoffen, neg
Bouw van water- en gasdistributienetten
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit