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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BHG Antwerpen II from Antwerpen, company number BE0810643648, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year BHG Antwerpen II recorded a gross margin of € 598,957 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -1.5 million to € -1.4 million. 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 13, 2026.
€ -1.3 million
▲ € 12.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 215,224
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15.4 million.
People and assets in 2025
17.1
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 999,580
▲ 23% vs 2024
€ 58,500 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.
€ 103,415
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 685,016
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 147,054
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,061,400 | € 1,205,273 | € 990,897 | € 598,957 | ▼ 40% |
| Profit after taxes | € -1,372,486 | € -1,318,037 | € -1,540,580 | € -1,419,952 | ▲ € 120,628 |
| Equity | € -11,078,072 | € -12,396,110 | € -13,936,690 | € -1,254,031 | ▲ € 12.7 million |
| Total debts | € 13,048,288 | € 14,060,042 | € 15,424,178 | € 2,726,537 | ▼ 82% |
| Cash | € 395,995 | € 51,907 | € 304,003 | € 215,224 | ▼ 29% |
| Retained profit | € -11,096,672 | € -12,414,710 | € -13,955,290 | € -15,375,242 | ▼ € 1.4 million |
| Balance sheet total | € 1,970,216 | € 1,663,933 | € 1,487,488 | € 1,472,506 | ▼ 1% |
| Employees (FTE) | 16.2 | 17.6 | 17.2 | 17.1 | ▼ 0.1 |
Key figures of BHG Antwerpen II, 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 BHG Antwerpen II?
What happened at BHG Antwerpen II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- Robertus Hornman became a director. NBB
- Ekrem Jabandžić became a director. NBB
- Siger Spaans stepped down as director. NBB
- Peter Verhoeven stepped down as director. NBB
- Siger Spaans became a director. NBB
- Peter Verhoeven became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 1.4 million loss in 2022 to € 1.4 million loss in 2025.
Paid € 762 in corporate taxes since 2022.
On average € 35,000 of value added per employee in 2025.
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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
Behind BHG Antwerpen II are Robertus Hornman and Ekrem Jabandžić. The shares are held by BHG Antwerpen II B.V (100%).
Directors
According to the 2025 annual accounts
Robertus Hornman
Director
since 2026
Ekrem Jabandžić
Director
since 2026
since 2024 · until 2026
since 2024 · until 2026
Shareholders
BHG Antwerpen II B.V
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pelikaanstraat 10-16
2018 Antwerpen
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
- 0810.643.648
- VAT number
- BE 0810.643.648
- Registered office
- Pelikaanstraat 10-16, 2018 Antwerpen
- Names & denominations
- BHG Antwerpen II
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 2009
- Peppol
- Not registered
- Activities · NACE
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