Financials
Financial year 2025
H.D.M. SYSTEMS from Kortrijk, company number BE0809246848, closed financial year 2025 with a result of € -45,047 after tax. For that financial year H.D.M. SYSTEMS recorded a gross margin of € 25,424 and equity of € 124,282. Compared with financial year 2024, the result moved from € 39,449 to € -45,047. 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 March 25, 2026.
€ 124,282
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,047
▼ still € 39,449 profit in 2024
Profit after tax over the fiscal year.
€ 106,166
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 124,282.
People and assets in 2025
€ 38,330
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,649
▲ 111% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 127,092
▲ 50% vs 2024
€ 13,461 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 56,362
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,361
▼ 66% 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 | € 74,560 | € 137,364 | € 120,781 | € 25,424 | ▼ 79% |
| Profit after taxes | € 33,052 | € 69,617 | € 39,449 | € -45,047 | ▼ € 84,496 |
| Equity | € 80,938 | € 136,200 | € 169,328 | € 124,282 | ▼ 27% |
| Total debts | € 207,576 | € 293,711 | € 231,245 | € 210,084 | ▼ 9% |
| Cash | € 93,098 | € 167,668 | € 103,826 | € 106,166 | ▲ 2% |
| Retained profit | € 68,438 | € 136,200 | € 169,328 | € 124,282 | ▼ 27% |
| Dividend | € 2,500 | € 1,855 | € 6,320 | € 0 | ▼ 100% |
| Bank debt | € 101,501 | € 75,000 | € 84,615 | € 127,092 | ▲ 50% |
| Balance sheet total | € 288,514 | € 429,911 | € 400,573 | € 334,366 | ▼ 17% |
By gross margin, H.D.M. SYSTEMS ranks 20th of 25 companies with main activity “Groothandel in verlichtingsapparatuur” in West Flanders that publish figures (fiscal year 2025).
Key figures of H.D.M. SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about H.D.M. SYSTEMS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to H.D.M. SYSTEMS?
What happened at H.D.M. SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 45,047 (▼ € 84,496 vs 2024). Source: NBB ↗
- Herlinde Sterckx became a director. NBB
- Harold Demaeght became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Kortrijk. KBO
In short
From € 33,052 profit in 2022 to € 45,047 loss in 2025.
Paid € 65,707 in corporate taxes since 2022.
Best year ever: 2023, with € 69,617 profit.
Paid out € 10,675 in dividends to the owners in total.
Management
Behind H.D.M. SYSTEMS are Herlinde Sterckx and Harold Demaeght.
Directors
According to the 2025 annual accounts
Herlinde Sterckx
Director
since 2023
Harold Demaeght
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kanonstraat(Kor) 17
8500 Kortrijk
Evolis(Kor) 100
8500 Kortrijk
Active since 13 January 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Groothandel in verlichtingsapparatuur), 34 active companies in West Flanders, largest first.
€ 60.6 million revenue · 2026 · Kortrijk
€ 3.9 million revenue · 2025 · Wevelgem
€ 1.8 million gross margin · 2025 · Waregem
€ 1.8 million gross margin · 2025 · Oostende
€ 1.1 million gross margin · 2025 · Izegem
€ 698,304 gross margin · 2025 · Kuurne
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEMAEGHT Harold Eddy(oprichter) 100%
Details
- Company number
- 0809.246.848
- VAT number
- BE 0809.246.848
- Registered office
- Kanonstraat(Kor) 17, 8500 Kortrijk
- Names & denominations
- H.D.M. SYSTEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2009
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Groothandel in verlichtingsapparatuur
Vervaardiging van verlichtingsapparaten