Financials
Financial year 2025
HVSE Services from Genk, company number BE0899411615, closed financial year 2025 with a result of € 116,229 after tax. For that financial year HVSE Services recorded a gross margin of € 185,718 and equity of € 380,917. Compared with financial year 2024, the result moved from € 204,944 to € 116,229. 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 December 19, 2025.
€ 380,917
▲ 44% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 116,229
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 152,637
▼ 46% 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 € 360,917.
People and assets in 2025
€ 58,599
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 54,335
▼ 23% vs 2024
€ 17,631 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 209,075
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,091
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 326,596 | € -155,255 | € 302,226 | € 185,718 | ▼ 39% |
| Profit after taxes | € -22,144 | € -178,226 | € 204,944 | € 116,229 | ▼ 43% |
| Equity | € 284,221 | € 105,995 | € 264,689 | € 380,917 | ▲ 44% |
| Total debts | € 112,328 | € 187,642 | € 405,485 | € 329,590 | ▼ 19% |
| Cash | € 4,653 | € 42,933 | € 281,360 | € 152,637 | ▼ 46% |
| Retained profit | € 264,221 | € 85,995 | € 244,689 | € 360,917 | ▲ 48% |
| Dividend | € 0 | € 0 | € 46,250 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 86,735 | € 70,998 | € 54,335 | ▼ 23% |
| Balance sheet total | € 396,549 | € 293,637 | € 670,174 | € 710,507 | ▲ 6% |
Key figures of HVSE Services, 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 January 2027.
What happened to HVSE Services?
What happened at HVSE Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 116,229 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,144 loss in 2022 to € 116,229 profit in 2025.
Paid € 88,147 in corporate taxes since 2022.
Best year ever: 2024, with € 204,944 profit.
Paid out € 46,250 in dividends to the owners in total.
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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 HVSE Services are Yeliz Akkiran, Ramazan Badurlu, Ulvi Badurlu and Recep Karabacak.
Directors
According to the 2025 annual accounts
Yeliz Akkiran
Director
Ramazan Badurlu
Director
Ulvi Badurlu
Director
Recep Karabacak
Director
Establishments
Establishment units
Physical locations of this company
Snoekweyerstraat 2 box 2
3600 Genk
Hengelhoefstraat 79
3600 Genk
Active since 19 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0899.411.615
- VAT number
- BE 0899.411.615
- Registered office
- Snoekweyerstraat 2 bus 2, 3600 Genk
- Names & denominations
- HVSE Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2008
- Peppol
- Active · Active since 11 Jun 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Stukadoorswerk
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden