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 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HB Promotions from Harelbeke, company number BE0841742937, closed financial year 2025 with a result of € -23,807 after tax. For that financial year HB Promotions recorded a gross margin of € 138 and equity of € -507,341. Compared with financial year 2024, the result moved from € -17,115 to € -23,807. 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 March 26, 2026.
€ -507,341
▼ € 23,807 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23,807
▼ 39 % more loss than in 2024
Profit after tax over the fiscal year.
€ 22,744
▲ € 22,429 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -557,341.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,960
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 105
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 | € 33,352 | € -56,287 | € -5,365 | € 138 | ▲ € 5,503 |
| Profit after taxes | € 31,121 | € -57,300 | € -17,115 | € -23,807 | ▼ € 6,692 |
| Equity | € -409,119 | € -466,420 | € -483,534 | € -507,341 | ▼ € 23,807 |
| Total debts | € 783,711 | € 1,014,680 | € 1,193,880 | € 1,510,481 | ▲ 27% |
| Cash | € 225,364 | € 5,217 | € 315 | € 22,744 | ▲ € 22,429 |
| Retained profit | € -459,119 | € -516,420 | € -533,534 | € -557,341 | ▼ € 23,807 |
| Balance sheet total | € 374,592 | € 548,260 | € 710,346 | € 1,003,140 | ▲ 41% |
Key figures of HB Promotions, 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.
What happened to HB Promotions?
What happened at HB Promotions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 23,807. Source: NBB ↗
- Pascal Hoste became a director. NBB
- Filip Berton became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,121 profit in 2022 to € 23,807 loss in 2025.
Best year ever: 2022, with € 31,121 profit.
Management
The stake of KORTRIJK BUILDING PROJECTS, DOBER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HB PromotionsBehind HB Promotions are Pascal Hoste and Filip Berton. The shares are held by KORTRIJK BUILDING PROJECTS (20%) and DOBER (20%).
Directors
According to the 2025 annual accounts
since 2023
Filip Berton
Director
Also active at: NIFIKA, NEMADECO, GLOBAL OSTEND SEA VIEW, FLANDERS BUILDING SOLUTIONS, Global Brugge Station, GBS 1, GBS 2, GBS 3 +10 more
since 2023
Shareholders
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gerststraat 16
8530 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →G & D PROJECTS same network
€ 52,049 gross margin · 2025
AEDIFICARE same network
€ -1,888 gross margin · 2025
THV MOZART
THV PARC
BERHOVAN
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0841.742.937
- VAT number
- BE 0841.742.937
- Registered office
- Gerststraat 16, 8530 Harelbeke
- Names & denominations
- HB Promotions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2011
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Ontwikkeling van niet-residentiële bouwprojecten