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 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
HPMG from Zwevegem, company number BE0859778009, closed financial year 2025 with a result of € 5,987 after tax. For that financial year HPMG recorded a gross margin of € 145,268 and equity of € 106,358. Compared with financial year 2024, the result moved from € 17,781 to € 5,987. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on February 12, 2026.
€ 106,358
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,987
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 9,429
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 19,902 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.2
Average over the fiscal year, from the social balance sheet.
€ 90,923
▼ 4% vs 2024
€ 41,300 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.
€ 12,229
▲ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 161,690
▼ 10% vs 2024
€ 16,551 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 20,835
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,714
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 162,534 | € 132,893 | € 166,747 | € 145,268 | ▼ 13% |
| Profit after taxes | € 24,418 | € 287 | € 17,781 | € 5,987 | ▼ 66% |
| Equity | € 102,205 | € 102,491 | € 120,273 | € 106,358 | ▼ 12% |
| Total debts | € 393,430 | € 392,097 | € 347,569 | € 233,141 | ▼ 33% |
| Cash | € 40,877 | € 23,967 | € 21,044 | € 9,429 | ▼ 55% |
| Retained profit | € 72,205 | € 72,491 | € 90,273 | € 76,358 | ▼ 15% |
| Dividend | € 0 | € 0 | € 0 | € 19,902 | |
| Bank debt | € 224,713 | € 202,147 | € 179,093 | € 161,690 | ▼ 10% |
| Balance sheet total | € 495,635 | € 494,588 | € 467,841 | € 339,499 | ▼ 27% |
| Employees (FTE) | 2.6 | 2.4 | 2.2 | 2.2 |
Key figures of HPMG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to HPMG?
What happened at HPMG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,987 (▼ 66% vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,418 profit in 2022 to € 5,987 profit in 2025.
Paid € 37,680 in corporate taxes since 2022.
Best year ever: 2022, with € 24,418 profit.
On average € 66,000 of value added per employee in 2025.
Establishments
Establishment units
Physical locations of this company
Leopoldstraat(Z) 28
8550 Zwevegem
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0859.778.009
- VAT number
- BE 0859.778.009
- Registered office
- Leopoldstraat(Z) 28, 8550 Zwevegem
- Names & denominations
- HPMG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 2003
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- b-wear.be [email protected]
- Activities · NACE
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Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Detailhandel in schoeisel
Groothandel in kleding, met uitzondering van werk- en onderkleding
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Detailhandel in lederwaren en reisartikelen
Groothandel in kleding, kledingtoebehoren en bontartikelen
Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.