Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Houtcreaties from Gavere, company number BE0895076210, closed financial year 2025 with a result of € 10,882 after tax. For that financial year Houtcreaties recorded a gross margin of € 355,942 and equity of € -139,497. Compared with financial year 2024, the result moved from € 14,695 to € 10,882. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 13, 2026.
€ -139,497
▲ € 10,882 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,882
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 72,583
▲ 136% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -197,216.
People and assets in 2025
€ 325,352
▲ 9% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,309
▲ 287% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 180,448
▼ 5% vs 2024
€ 9,656 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 71,394
▲ 195% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,957
▼ 45% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 430,503 | € 420,760 | € 340,277 | € 355,942 | ▲ 5% |
| Profit after taxes | € 94,398 | € 24,863 | € 14,695 | € 10,882 | ▼ 26% |
| Equity | € -189,937 | € -165,074 | € -150,378 | € -139,497 | ▲ € 10,882 |
| Total debts | € 419,658 | € 428,056 | € 341,895 | € 454,049 | ▲ 33% |
| Cash | € 71,240 | € 36,593 | € 30,814 | € 72,583 | ▲ 136% |
| Retained profit | € -247,656 | € -222,793 | € -208,098 | € -197,216 | ▲ € 10,882 |
| Bank debt | € 206,379 | € 198,156 | € 189,641 | € 180,448 | ▼ 5% |
| Balance sheet total | € 229,721 | € 262,982 | € 191,516 | € 314,552 | ▲ 64% |
| Employees (FTE) | 5.2 | 6.1 | - | - |
Key figures of Houtcreaties, 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 Houtcreaties?
What happened at Houtcreaties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,882 (▼ 26% vs 2024). Source: NBB ↗
- Luc Baertsoen became a director. NBB
- Peter Baertsoen became a director. NBB
- New establishment in Gavere. KBO
- Start of the company according to the CBE. KBO
In short
From € 94,398 profit in 2022 to € 10,882 profit in 2025.
Paid € 667 in corporate taxes since 2022.
Best year ever: 2022, with € 94,398 profit.
On average € 69,000 of value added per employee in 2023.
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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 Houtcreaties are Luc Baertsoen and Peter Baertsoen.
Directors
According to the 2025 annual accounts
Luc Baertsoen
Director
since 2018
Peter Baertsoen
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Legen Heirweg 7 box D002
9890 Gavere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →ANNIC
€ 131,118 gross margin · 2025
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€ 1.9 million gross margin · 2025
CONTROL DE VUYST
€ 81,546 gross margin · 2025
CHARLOU INVEST
€ 114,768 gross margin · 2025
MATco
€ 438,856 gross margin · 2025
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.076.210
- VAT number
- BE 0895.076.210
- Registered office
- Legen Heirweg 7 bus D002, 9890 Gavere
- Names & denominations
- Houtcreaties
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 2008
- Peppol
- Active · Active since 16 May 2025
- Contact
- [email protected] 09/3908757
- Activities · NACE
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