Active · per the CBE, 29 October 2026

H.NCD

BE0859582821

Rechtspersoon Private limited company 1 establishment

H.NCD is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 11 July 2003, 1 establishment.

Boomkorstraat 8, 8380 Brugge

Behind the company: Hugo D'hoedt, Dieter D'hoedt, Ellen D'hoedt, Jocami BV.

Active for

23 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 10 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

H.NCD from Brugge, company number BE0859582821, closed financial year 2026 with a result of € 1.5 million after tax. For that financial year H.NCD recorded revenue of € 615,500 and equity of € 8.5 million. Compared with financial year 2025, the result moved from € 84,755 to € 1.5 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2026.

What it is worth Growing

€ 8.5 million

▲ 161% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1.5 million

▲ € 1.5 million vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 110,953

▲ 277% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 300,000 paid out

20 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2026

Full-time equivalents

2.9

▼ 0.1 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 316,115

€ 109,000 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.

Vehicles and equipment

€ 89,613

▼ 17% vs 2025

Of which on lease € 17,447.

Debts at end 2026

Bank debt ≈ 4 years to go

€ 1.1 million

▼ 24% vs 2025

€ 322,275 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 46,747

▲ € 37,257 vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 101 days on average.

Taxes and wages

€ 105,150

▲ 43% vs 2025

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Revenue € 223,200 € 277,650 € 502,500 € 615,500 ▲ 22%
Profit after taxes € 793,691 € 75,646 € 84,755 € 1,537,247 ▲ € 1.5 million
Equity € 3,100,403 € 3,176,049 € 3,260,804 € 8,498,051 ▲ 161%
Total debts € 1,374,899 € 2,276,945 € 2,385,740 € 2,549,478 ▲ 7%
Cash € 6,856 € 15,375 € 29,429 € 110,953 ▲ 277%
Retained profit € 2,936,403 € 3,012,049 € 3,096,804 € 4,334,051 ▲ 40%
Dividend € 0 € 0 € 0 € 300,000
Bank debt € 1,019,219 € 1,535,557 € 1,502,276 € 1,147,582 ▼ 24%
Balance sheet total € 4,475,302 € 5,452,993 € 5,646,544 € 11,047,529 ▲ 96%
Employees (FTE) 2 2.3 3 2.9 ▼ 0.1

Key figures of H.NCD, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to H.NCD?

What happened at H.NCD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: profit of € 1.5 million (▲ € 1.5 million vs 2025). Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Brugge. KBO

In short

From € 793,691 profit in 2023 to € 1.5 million profit in 2026.

Paid € 2,743 in corporate taxes since 2023.

Best year ever: 2026, with € 1.5 million profit.

Paid out € 300,000 in dividends to the owners in total.

Management

Hugo D'hoedt
Dieter D'hoedt
Ellen D'hoedt
H.NCD

Behind H.NCD are Hugo D'hoedt, Dieter D'hoedt, Ellen D'hoedt and Jocami BV. It owns 100% of Gardec-SWD, 100% of Gardec-VJ, 100% of Gardec-S.D.S, 100% of Gardec Equipment, 100% of Werkhuizen Decloedt and 75% of Brusselle Custom Machinery itself.

Directors

According to the 2026 annual accounts

Dieter D'hoedt

Director

Also active at: GARDEC-S.D.S., GARDEC-V.J., GARDEC-S.W.D., SEASITE

Ellen D'hoedt

Director

Also active at: GARDEC-S.D.S., GARDEC-V.J., GARDEC-S.W.D.

Jocami BV

Director · represented by Joost Carron

Also active at: GARDEC-S.W.D.

Establishments

Establishment units

Physical locations of this company

Registered office

Boomkorstraat 8

8380 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0859.582.821
VAT number
BE 0859.582.821
Registered office
Boomkorstraat 8, 8380 Brugge
Names & denominations
H.NCD
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
11 July 2003
Peppol
Active · Active since 21 Oct 2026
Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Managementactiviteiten van holdings

Activiteiten van holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Holdings

Frequently asked questions

What does H.NCD do?
H.NCD is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 11 July 2003, 1 establishment.
What is the address of H.NCD?
The registered office of H.NCD is located at Boomkorstraat 8, 8380 Brugge.
Is H.NCD still active?
Yes. According to the CBE (29 October 2026) H.NCD is active, legal situation “Normale toestand”, started on 11 July 2003.
Is H.NCD registered on Peppol?
Yes, H.NCD is registered on the Peppol network with ID 0208:0859582821.
What is the enterprise number of H.NCD?
The enterprise number of H.NCD is BE0859582821.
When was H.NCD founded?
H.NCD was founded on 11 July 2003.