Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
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.
| 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.
Ask about H & C BORINGEN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
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 ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. 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.
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
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- GÖCEN Halil(oprichter) 100%
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