Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VANHULLE - IEPER from Ieper, company number BE0860206787, closed financial year 2025 with a result of € -615,317 after tax. For that financial year VANHULLE - IEPER recorded a gross margin of € 191,075 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -515,323 to € -615,317. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.9 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -615,317
▼ 19 % more loss than in 2024
Profit after tax over the fiscal year.
€ 29,246
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 694,014.
People and assets in 2025
8.4
▼ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 521,343
▼ 17% vs 2024
€ 62,100 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.
€ 13,167
▼ 54% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 94,003
▼ 41% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 139,310
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,763,849 | € 10,914,187 | - | - | |
| Gross margin | - | - | € 302,290 | € 191,075 | ▼ 37% |
| Profit after taxes | € 159,300 | € -128,092 | € -515,323 | € -615,317 | ▼ € 99,994 |
| Equity | € 3,122,946 | € 2,994,854 | € 2,479,531 | € 1,864,214 | ▼ 25% |
| Total debts | € 2,474,290 | € 431,352 | € 431,808 | € 419,712 | ▼ 3% |
| Cash | € 351,474 | € 297,428 | € 373,987 | € 29,246 | ▼ 92% |
| Land & buildings | € 511,428 | € 449,947 | € 400,080 | € 346,639 | ▼ 13% |
| Retained profit | € 1,952,746 | € 1,824,654 | € 1,309,331 | € 694,014 | ▼ 47% |
| Bank debt | € 551,210 | € 10,308 | € 0 | € 0 | |
| Balance sheet total | € 5,597,236 | € 3,426,206 | € 2,911,338 | € 2,283,926 | ▼ 22% |
| Employees (FTE) | 12.9 | 9.6 | 10.8 | 8.4 | ▼ 2.4 |
Key figures of VANHULLE - IEPER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to VANHULLE - IEPER?
What happened at VANHULLE - IEPER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 615,317. filed late Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 159,300 profit in 2022 to € 615,317 loss in 2025.
Paid € 4,881 in corporate taxes since 2022.
Best year ever: 2022, with € 159,300 profit.
On average € 22,700 of value added per employee in 2025.
Management
Behind VANHULLE - IEPER are Kurt Vanhulle and Annick Vanhulle. It owns 33.3% of United Parts, 33.3% of Automotive Group West and 25% of PDV-Invest itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Steverlyncklaan 18
8900 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0860.206.787
- VAT number
- BE 0860.206.787
- Registered office
- Steverlyncklaan 18, 8900 Ieper
- Names & denominations
- VANHULLE - IEPER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2003
- Peppol
- Active · Active since 14 Oct 2024
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)