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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HD Kwadraat from Merchtem, company number BE0840415720, closed financial year 2025 with a result of € 33,292 after tax. For that financial year HD Kwadraat recorded a gross margin of € 148,434 and equity of € 210,893. Compared with financial year 2024, the result moved from € 38,865 to € 33,292. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 210,893
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,292
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 119,155
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,053 paid out
63 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 24,682
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 309,782
▼ 9% vs 2024
€ 32,724 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,725
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,911
▲ 136% 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 | € 96,667 | € 108,195 | € 113,784 | € 148,434 | ▲ 30% |
| Profit after taxes | € 42,965 | € 41,698 | € 38,865 | € 33,292 | ▼ 14% |
| Equity | € 141,154 | € 182,853 | € 198,654 | € 210,893 | ▲ 6% |
| Total debts | € 562,585 | € 558,147 | € 550,341 | € 517,365 | ▼ 6% |
| Cash | € 71,534 | € 121,775 | € 130,870 | € 119,155 | ▼ 9% |
| Land & buildings | € 570,793 | € 565,612 | € 566,931 | € 565,379 | |
| Retained profit | € 122,554 | € 164,253 | € 180,054 | € 192,293 | ▲ 7% |
| Dividend | € 15,038 | € 0 | € 23,064 | € 21,053 | ▼ 9% |
| Bank debt | € 414,573 | € 374,129 | € 342,138 | € 309,782 | ▼ 9% |
| Balance sheet total | € 703,740 | € 741,000 | € 748,995 | € 753,455 | ▲ 1% |
Key figures of HD Kwadraat, 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 HD Kwadraat?
What happened at HD Kwadraat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,292 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,965 profit in 2022 to € 33,292 profit in 2025.
Paid € 74,060 in corporate taxes since 2022.
Best year ever: 2022, with € 42,965 profit.
Paid out € 59,154 in dividends to the owners in total.
Management
Behind HD Kwadraat is Harold DERVEAUX.
Directors
According to the 2025 annual accounts
Harold DERVEAUX
Director
Establishments
Establishment units
Physical locations of this company
Poverstraat 6
1785 Merchtem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0840.415.720
- VAT number
- BE 0840.415.720
- Registered office
- Poverstraat 6, 1785 Merchtem
- Names & denominations
- HD Kwadraat
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2011
- Peppol
- Active · Active since 13 Jan 2025
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Activiteiten van holdings