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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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H.D.D. DESIGN from Grimbergen, company number BE0880477908, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year H.D.D. DESIGN recorded revenue of € 11.7 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 1.8 million to € 1.3 million. The company is profitable. 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 November 14, 2025.
€ 7.6 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 164,430
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
57 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
19.7
▲ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 6% vs 2024
€ 68,400 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.
€ 717,881
▲ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 43% vs 2024
€ 276,369 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 663,517
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 443,611
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,776,409 | € 11,809,095 | € 11,646,954 | € 11,739,448 | ▲ 1% |
| Profit after taxes | € 2,674,581 | € 1,767,404 | € 1,849,219 | € 1,306,416 | ▼ 29% |
| Equity | € 5,005,221 | € 6,022,626 | € 7,001,845 | € 7,558,260 | ▲ 8% |
| Total debts | € 4,552,457 | € 4,279,042 | € 3,447,407 | € 3,899,534 | ▲ 13% |
| Cash | € 1,638,171 | € 1,269,849 | € 1,124,197 | € 164,430 | ▼ 85% |
| Land & buildings | € 1,303,274 | € 1,207,185 | € 1,111,096 | € 1,015,008 | ▼ 9% |
| Retained profit | € 4,986,621 | € 6,004,026 | € 6,983,245 | € 7,539,660 | ▲ 8% |
| Dividend | € 1,975,000 | € 750,000 | € 870,000 | € 750,000 | ▼ 14% |
| Bank debt | € 1,493,147 | € 1,355,035 | € 1,079,980 | € 1,546,605 | ▲ 43% |
| Balance sheet total | € 9,557,678 | € 10,301,667 | € 10,449,251 | € 11,457,794 | ▲ 10% |
| Employees (FTE) | 17.3 | 17.3 | 16.8 | 19.7 | ▲ 2.9 |
By revenue, H.D.D. DESIGN ranks 8th of 10 companies with main activity “Groothandel in ijzerwaren” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of H.D.D. DESIGN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
Ask about H.D.D. DESIGN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to H.D.D. DESIGN?
What happened at H.D.D. DESIGN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 29% vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Meise. KBO
- Olivier DESCURIEUX became a director. NBB
In short
From € 2.7 million profit in 2022 to € 1.3 million profit in 2025.
Paid € 2.7 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.7 million profit.
Paid out € 4.3 million in dividends to the owners in total.
Management
Behind H.D.D. DESIGN is Olivier DESCURIEUX. Olivier DESCURIEUX is also behind O & J.
Directors
According to the 2025 annual accounts
since 2006
Establishments
Establishment units
Physical locations of this company
Gentsestraat 32 box A
1853 Grimbergen
Nieuwelaan 1 box A
1860 Meise
Active since 4 April 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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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 ↗- DESCURIEUX Olivier Hector Paul(oprichter) 99%
- DESCURIEUX John Pierre Louis(oprichter) 1%
Details
- Company number
- 0880.477.908
- VAT number
- BE 0880.477.908
- Registered office
- Gentsestraat 32 bus A, 1853 Grimbergen
- Names & denominations
- H.D.D. DESIGN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2006
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Groothandel in ijzerwaren