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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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2024
H & C BORINGEN from Lokeren, company number BE0844312843, closed financial year 2024 with a result of € 752,329 after tax. For that financial year H & C BORINGEN recorded revenue of € 14.2 million and equity of € 4.2 million. Compared with financial year 2023, the result moved from € 563,589 to € 752,329. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2025.
€ 4.2 million
▲ 22% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 752,329
▲ 33% vs 2023
Profit after tax over the fiscal year.
€ 53,243
▼ 59% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4.1 million.
People and assets in 2024
46.6
▲ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 20% vs 2023
€ 64,300 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.
€ 5.7 million
▲ 6% vs 2023
Of which on lease € 5.3 million.
Debts at end 2024
€ 7.7 million
▲ 14% vs 2023
€ 2.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.1 million
▲ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 108 days on average.
€ 552,215
▲ € 438,655 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 14,163,633 | |
| Gross margin | € 2,923,202 | € 4,808,477 | € 6,300,416 | - | |
| Profit after taxes | € 471,784 | € 1,353,725 | € 563,589 | € 752,329 | ▲ 33% |
| Equity | € 1,495,760 | € 2,849,485 | € 3,413,074 | € 4,165,403 | ▲ 22% |
| Total debts | € 4,553,653 | € 7,517,493 | € 8,792,545 | € 11,262,388 | ▲ 28% |
| Cash | € 211,819 | € 363,553 | € 128,768 | € 53,243 | ▼ 59% |
| Land & buildings | € 8,875 | € 7,889 | € 7,391 | € 0 | ▼ 100% |
| Retained profit | € 1,450,760 | € 2,804,485 | € 3,368,074 | € 4,120,403 | ▲ 22% |
| Bank debt | € 3,087,731 | € 6,411,222 | € 6,779,178 | € 7,743,589 | ▲ 14% |
| Balance sheet total | € 6,049,414 | € 10,366,978 | € 12,205,619 | € 15,427,791 | ▲ 26% |
| Employees (FTE) | 31.3 | 38 | 46.4 | 46.6 | ▲ 0.2 |
Key figures of H & C BORINGEN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to H & C BORINGEN?
What happened at H & C BORINGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 752,329 (▲ 33% vs 2023). filed late Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 471,784 profit in 2021 to € 752,329 profit in 2024.
Paid € 1.8 million in corporate taxes since 2021.
Best year ever: 2022, with € 1.4 million profit.
On average € 135,800 of value added per employee in 2023.
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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 H & C BORINGEN is Halil Gocen. It owns 100% of AY INVESTING COMPANY BV and 100% of ENSAR BV itself.
Directors
According to the 2024 annual accounts
Halil Gocen
Director
Also active at: Ensar, Alice Building, Alice HDD, AY Investing Company, HNT FORAGE DIRIGÉ
Establishments
Establishment units
Physical locations of this company
Schrijnwerkersstraat 4
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Certifications & Partners
Domain
Domain
hencboringen.com
Registered
2020-05-20
Registrar
Wix.com Ltd.
Expires
2026-05-20
Website info
Features
Details
- Company number
- 0844.312.843
- VAT number
- BE 0844.312.843
- Registered office
- Schrijnwerkersstraat 4, 9160 Lokeren
- Names & denominations
- H & C BORINGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2012
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- hencboringen.com 09 226 08 90
- Activities · NACE
Proefboren en boren