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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H&SC from Turnhout, company number BE0811804579, closed financial year 2025 with a result of € -78,007 after tax. For that financial year H&SC recorded a gross margin of € 75,524 and equity of € 105,708. Compared with financial year 2024, the result moved from € -10,068 to € -78,007. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 105,708
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,007
▼ 675 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,951
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 40,708.
People and assets in 2025
€ 92,650
▲ 10% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 191,655
▼ 11% vs 2024
€ 134,209 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 249,136
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,012
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 217,178 | € 158,037 | € 132,067 | € 75,524 | ▼ 43% |
| Profit after taxes | € 40,978 | € 4,403 | € -10,068 | € -78,007 | ▼ € 67,939 |
| Equity | € 189,379 | € 193,782 | € 183,714 | € 105,708 | ▼ 42% |
| Total debts | € 533,302 | € 568,085 | € 627,187 | € 596,204 | ▼ 5% |
| Cash | € 65,978 | € 422 | € 4,466 | € 6,951 | ▲ 56% |
| Retained profit | € 124,379 | € 128,782 | € 118,714 | € 40,708 | ▼ 66% |
| Bank debt | € 265,616 | € 225,782 | € 214,559 | € 191,655 | ▼ 11% |
| Balance sheet total | € 722,681 | € 761,867 | € 810,901 | € 701,911 | ▼ 13% |
Key figures of H&SC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to H&SC?
What happened at H&SC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 78,007. Source: NBB ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
- Luc Holthof became a director. NBB
In short
From € 40,978 profit in 2022 to € 78,007 loss in 2025.
Paid € 18,972 in corporate taxes since 2022.
Best year ever: 2022, with € 40,978 profit.
Management
Behind H&SC is Luc Holthof. Luc Holthof is also behind GUMMAR.
Directors
According to the 2025 annual accounts
since 2009
Establishments
Establishment units
Physical locations of this company
Graatakker 79/7
2300 Turnhout
Graatakker 79 box 7
2300 Turnhout
Active since 9 March 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0811.804.579
- VAT number
- BE 0811.804.579
- Registered office
- Graatakker 79/7, 2300 Turnhout
- Names & denominations
- H&SC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 2009
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Detailhandel in kranten en andere tijdschriften
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels
Detailhandel in boeken
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Groothandel in kranten, boeken en tijdschriften
Groothandel in kantoor- en schoolbenodigdheden
Groothandel in andere voedingsmiddelen, neg
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)