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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H-CF from Engis, company number BE1009390908, closed financial year 2025 with a result of € 88,092 after tax. For that financial year H-CF recorded a gross margin of € 29,658 and equity of € 135,781. Compared with financial year 2024, the result moved from € -2,311 to € 88,092. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 135,781
▲ 185% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 88,092
▲ still € 2,311 loss in 2024
Profit after tax over the fiscal year.
€ 62,055
▲ 256% 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 € 85,781.
People and assets in 2025
€ 14,044
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 595,000
▼ 11% vs 2024
€ 70,000 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 491
▲ 259% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,443
▲ € 7,145 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 15,396 | € 29,658 | ▲ 93% |
| Profit after taxes | € -2,311 | € 88,092 | ▲ € 90,402 |
| Equity | € 47,689 | € 135,781 | ▲ 185% |
| Total debts | € 1,203,697 | € 1,137,084 | ▼ 6% |
| Cash | € 17,455 | € 62,055 | ▲ 256% |
| Retained profit | € -2,311 | € 85,781 | ▲ € 88,092 |
| Bank debt | € 665,000 | € 595,000 | ▼ 11% |
| Balance sheet total | € 1,251,387 | € 1,272,865 | ▲ 2% |
Key figures of H-CF, fiscal years 2024 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 H-CF?
What happened at H-CF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 88,092. Source: NBB ↗
- New establishment in Engis. KBO
- Start of the company according to the CBE. KBO
- Camille Fastré became a director. NBB
In short
From € 2,311 loss in 2024 to € 88,092 profit in 2025.
Paid € 10,173 in corporate taxes since 2024.
Best year ever: 2025, with € 88,092 profit.
Management
Behind H-CF is Camille Fastré. It owns 70% of SYSTEMES-D itself.
Directors
According to the 2025 annual accounts
Camille Fastré
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Mégarnie(EHN) 27
4480 Engis
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
- 1009.390.908
- VAT number
- BE 1009.390.908
- Registered office
- Mégarnie(EHN) 27, 4480 Engis
- Names & denominations
- H-CF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 May 2024
- Peppol
- Active · Active since 7 Oct 2025
- Activities · NACE
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