D'HULSTER
ActiveD'HULSTER has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €55k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 55% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency97▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.03 in 2024), and 45.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.8%
Return on assets
11.2%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
13 d early
2023
12 d early
2022
60 d late
2021
3 d early
2020
32 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€268k▲ 25.8%
2024 · €213k
2018: €132k
2019: €141k
2020: €146k
2021: €169k
2022: €153k
2023: €191k
2024: €213k
2018 → 2025
Total assets
€489k▲ 15.7%
2024 · €423k
2018: €508k
2019: €478k
2020: €443k
2021: €484k
2022: €398k
2023: €399k
2024: €423k
2018 → 2025
Net result
€55k▲ 151%
2024 · €22k
2018: €9k
2019: €9k
2020: €5k
2021: €23k
2022: €2k
2023: €39k
2024: €22k
2018 → 2025
Working capital
€170k▲ 20.3%
2024 · €141k
2018: €82k
2019: €79k
2020: €96k
2021: €103k
2022: €91k
2023: €126k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€153k▼ 9.9%€191k▲ 25.3%€213k▲ 11.5%€268k▲ 25.8%
Operating result€40k-€9k▼ 78.8%€63k▲ 638%€37k▼ 41.2%€87k▲ 135%
Net result€23k-€2k▼ 92.4%€39k▲ 2,082%€22k▼ 43.3%€55k▲ 151%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 135% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €489k
Fixed assets
€182k▲ 26.5%
Current assets
€307k▲ 10.1%
Equity and liabilities €489k
Equity
€268k▲ 25.8%
Debt
€221k▲ 5.4%
The debt ratio falls from 49.6% to 45.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€121k▲
2024 · €67k
Cash flow
€89k▲
2024 · €52k
Solvency
54.8%▲
2024 · 50.4%
Current ratio
2.24▲
2024 · 2.03
Quick ratio
1.72▲
2024 · 1.41
Debt / equity
0.82▼
2024 · 0.98
ROE
20.5%▲
2024 · 10.3%
ROA
11.2%▲
2024 · 5.2%
Interest coverage
20.43▲
2024 · 10.05
Debt
€221k▲
2024 · €210k
Debt ≤ 1 year
€137k▼
2024 · €138k
Debt > 1 year
€81k▲
2024 · €69k
Income taxes
€26k▲
2024 · €9k
Staff costs
€21k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€423k€489k▲
Fixed assets21/28€144k€182k▲
Tangible fixed assets22/27€142k€180k▲
Land and buildings22€91k€86k▼
Plant, machinery and equipment23€44k€22k▼
Furniture and vehicles24€7k€72k▲
Financial fixed assets28€2k€2k=
Current assets29/58€279k€307k▲
Stocks and contracts in progress3€85k€72k▼
Stocks30/36€82k€71k▼
Contracts in progress37€2k€1k▼
Amounts receivable within one year40/41€59k€77k▲
Trade receivables40€56k€74k▲
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€133k€152k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€423k€489k▲
Equity10/15€213k€268k▲
Contributions10/11€50k€50k=
Reserves13€164k€219k▲
Tax-exempt reserves132€10k€10k=
Distributable reserves133€153k€208k▲
Amounts payable17/49€210k€221k▲
Amounts payable after more than one year17€69k€81k▲
Financial debts170/4€69k€81k▲
Amounts payable within one year42/48€138k€137k▼
Current portion of amounts payable after more than one year42€30k€37k▲
Trade debts44€43k€42k▼
Suppliers440/4€43k€42k▼
Taxes, remuneration and social security45€24k€22k▼
Taxes450/3€15k€16k▲
Remuneration and social security454/9€9k€6k▼
Other amounts payable47/48€41k€36k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Non-recurring operating income76A€0€14k▲
Remuneration, social security and pensions62€20k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€34k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€4k€4k▲
Gross operating margin9900€91k€146k▲
Operating profit (loss)9901€37k€87k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€31k€81k▲
Income taxes67/77€9k€26k▲
Profit (loss) for the period9904€22k€55k▲
Profit (loss) for the period to be appropriated9905€22k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€55k▲
Transfer to equity691/2€22k€55k▲
To other reserves6921€22k€55k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €55k ▲151%
Operating result €87k, net result €55k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €213k ▲11.5%
7 profitable years in a row build equity to €213k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼92.4%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €169k ▲16%
4 profitable years in a row build equity to €169k.
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 2 establishment units since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gitsestraat 224a8800 RoeselareGround area
2,861 m²
Building footprint
942 m²
Volume, LiDAR
3,875 m³
3 parcels, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Gitsestraat 224, 8800 Roeselare
since 19942.066.313.497
D'HULSTER
since 19942.066.313.596
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36011E0483/00M000 | Flanders | 2,087 m² | 1 · 597 m² | 7.3 m · 2 fl. |
| 36015A0875/00F000 | Flanders | 570 m² | 1 · 142 m² | 5.6 m · 1 fl. |
| 36015A0873/00L003 | Flanders | 204 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
NATUURSTEEN BRUYNEEL
BE 0417.843.138
Waregem · Eq €269k
LITHO TREND
BE 0820.440.747
Charleroi · Eq €269k
LES CHANTIERS DE PIERRE DE TAILLE PH. DEGREVE
BE 0443.490.532
Anderlecht · Eq €266k
MARBRERIE KINARD
BE 0444.090.051
Aubange · Eq €270k
VERHELLE
BE 0455.605.436
Kuurne · Eq €270k
Of 736 companies in sector 23700 we hold annual accounts for 489. 421 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-1994
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.