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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SANITAIR - VERWARMING DHULSTER from Kortemark, company number BE0872330896, closed financial year 2025 with a result of € -3,129 after tax. For that financial year SANITAIR - VERWARMING DHULSTER recorded a gross margin of € 271,726 and equity of € 96,413. Compared with financial year 2024, the result moved from € 2,760 to € -3,129. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 96,413
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,129
▼ still € 2,760 profit in 2024
Profit after tax over the fiscal year.
€ 58,802
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 90,213.
People and assets in 2025
2.8
Average over the fiscal year, from the social balance sheet.
€ 201,310
▲ 5% vs 2024
€ 71,900 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.
€ 74,855
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 443,074
▲ 30% vs 2024
€ 50,992 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,794
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,735
▲ 117% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,072,044 | € 953,857 | € 947,392 | - | |
| Gross margin | € 292,925 | € 228,903 | € 266,597 | € 271,726 | ▲ 2% |
| Profit after taxes | € 17,232 | € -14,722 | € 2,760 | € -3,129 | ▼ € 5,889 |
| Equity | € 111,503 | € 96,782 | € 99,541 | € 96,413 | ▼ 3% |
| Total debts | € 645,590 | € 669,263 | € 654,418 | € 615,108 | ▼ 6% |
| Cash | € 68,057 | € 51,686 | € 50,675 | € 58,802 | ▲ 16% |
| Land & buildings | € 509,167 | € 505,223 | € 479,910 | € 465,109 | ▼ 3% |
| Retained profit | € 105,303 | € 90,582 | € 93,341 | € 90,213 | ▼ 3% |
| Bank debt | € 274,963 | € 346,630 | € 341,246 | € 443,074 | ▲ 30% |
| Balance sheet total | € 757,093 | € 766,044 | € 753,960 | € 711,521 | ▼ 6% |
| Employees (FTE) | - | 3 | - | 2.8 |
Key figures of SANITAIR - VERWARMING DHULSTER, 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 SANITAIR - VERWARMING DHULSTER?
What happened at SANITAIR - VERWARMING DHULSTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,129 (▼ € 5,889 vs 2024). Source: NBB ↗
- Ann Vandenberghe became a director. NBB
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
- Rik Dhulster became a director. NBB
In short
From € 17,232 profit in 2022 to € 3,129 loss in 2025.
Paid € 1,600 in corporate taxes since 2022.
Best year ever: 2022, with € 17,232 profit.
On average € 97,000 of value added per employee in 2025.
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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 SANITAIR - VERWARMING DHULSTER are Ann Vandenberghe and Rik Dhulster.
Directors
According to the 2025 annual accounts
Ann Vandenberghe
Director
since 2023
Rik Dhulster
Director
since 2005
Establishments
Establishment units
Physical locations of this company
Vinkaertstraat 2
8610 Kortemark
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
PROXIMUS-ISP-AS, BE
Website info
Features
Security
Details
- Company number
- 0872.330.896
- VAT number
- BE 0872.330.896
- Registered office
- Vinkaertstraat 2, 8610 Kortemark
- Names & denominations
- SANITAIR - VERWARMING DHULSTER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 March 2005
- Peppol
- Active · Active since 22 Aug 2025
- Contact
- rik-dhulster.be
- Activities · NACE
Sanitaire werkzaamheden
Overig loodgieterswerk
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Installatie van verwarming, klimaatregeling en ventilatie