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HIDES CONSULT

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Private limited companyfounded 2016active for 10 yearsWaterpoelstraat 38, 1652 Beersel, BelgiumKBO/BCE: BE 0663.798.021

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 15-06-2026 at the NBB all 9 filings

Turnover
≈ €120,000
Estimated: probably between €65,000 and €230,000
Total assets
€1.4m▲ 0.9%
2024 · €1.4m
Net result
€24,869▼ 95.5%
2024 · €546,996
Working capital
€337,716▲ 8.9%
2024 · €310,233
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€34,146
▼ 57.3% 2025
20182025
Net result
€24,869
▼ 95.5% 2025
20182025
Equity
€1.4m
▲ 1.8% 2025
20182025
Total assets
€1.4m
▲ 0.9% 2025
20182025
Debt
€1,211
▼ 91.4% 2025
20182025
Working capital
€337,716
▲ 8.9% 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.06m-€0.06m▼ 0.7%€0.06m▲ 0.1%€0.08m▲ 30.9%€0.09m▲ 11.3%€0.08m▼ 17.0%€0.08m▲ 3.2%€0.03m▼ 57.3%
Net result€0.09m-€0.2m▲ 93.0%€0.2m▲ 1.5%€0.3m▲ 86.8%€0.2m▼ 48.6%€0.2m▼ 10.3%€0.5m▲ 246%€0.02m▼ 95.5%
Equity€0.3m-€0.5m▲ 64.1%€0.6m▲ 39.6%€1.0m▲ 53.0%€1.2m▲ 17.8%€1.3m▲ 13.6%€1.4m▲ 2.8%€1.4m▲ 1.8%
Total assets€1.1m-€1.1m▲ 1.2%€1.1m▲ 2.3%€1.1m▼ 1.3%€1.2m▲ 9.8%€1.4m▲ 11.8%€1.4m▲ 1.5%€1.4m▲ 0.9%
Debt€0.8m-€0.6m▼ 21.0%€0.5m▼ 25.1%€0.1m▼ 75.7%€0.05m▼ 59.4%€0.03m▼ 33.1%€0.01m▼ 54.5%€0.001m▼ 91.4%
Working capital-€0.05m--€0.06m▼ 10.2%-€0.4m▼ 567%-€0.05m▲ 86.3%€0.1m€0.3m▲ 137%€0.3m▲ 13.0%€0.3m▲ 8.9%

The operating result for 2025 is 57% lower than in 2024 and the lowest since 2021.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.1m ▼ 0.1%
Current assets €337,774 ▲ 4.1%
Equity and liabilities €1.4m
Equity €1.4m ▲ 1.8%
Debt €1,211 ▼ 91.4%
Debt's share of the balance-sheet total falls from 1.0% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.01
ROE
1.8%▼
2024 · 40.2%
ROA
1.8%▼
2024 · 39.8%
Debt ≤ 1 year
€58▼
2024 · €14,158
Income taxes
€8,538▼
2024 · €17,085
A ratio outside any meaningful range has been withheld (balance sheet total €1.4m, equity €1.4m).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€1,146--€2,129-
Depreciation and write-downs of the year€147€370€363€935-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 · 1 entry · €1,065 awarded · €1,065 paid
Schemes
1 entry · €1,065 · €1,065 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.4m▲
Fixed assets21/28€1.1m€1.1m▼
Tangible fixed assets22/27€0.001m-
Furniture and vehicles24€0.001m-
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€0.3m€0.3m▲
Amounts receivable within one year40/41€0.02m€0.005m▼
Trade receivables40€0.02m-
Other amounts receivable41€0.006m€0.005m▼
Cash at bank and in hand54/58€0.3m€0.3m▲
Deferred charges and accrued income490/1€0.001m-
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.4m▲
Equity10/15€1.4m€1.4m▲
Contributions10/11€0.1m€0.1m=
Reserves13€1.3m€1.3m▲
Distributable reserves133€1.3m€1.3m▲
Amounts payable17/49€0.01m€0.001m▼
Amounts payable within one year42/48€0.01m€58▼
Trade debts44€0.004m€58▼
Suppliers440/4€0.004m€58▼
Taxes, remuneration and social security45€0.01m-
Taxes450/3€0.01m-
Accrued charges and deferred income492/3-€0.001m
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m-
Other operating charges640/8€131€132▲
Gross operating margin9900€0.08m€0.03m▼
Operating profit (loss)9901€0.08m€0.03m▼
Financial income75/76B€0.5m€0.001m▼
Recurring financial income75€0.5m€0.001m▼
Financial charges65/66B-€0.001m
Recurring financial charges65-€10
Non-recurring financial charges66B-€0.001m
Profit (loss) for the period before taxes9903€0.6m€0.03m▼
Income taxes67/77€0.02m€0.009m▼
Profit (loss) for the period9904€0.5m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.5m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€0.02m▼
Transfer from equity791/2€0.5m-
Transfer to equity691/2€0.5m€0.02m▼
To other reserves6921€0.5m€0.02m▼
Profit to be distributed694/7€0.5m-
Return on contributions (dividend)694€0.5m-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€593€441€147€370€363€935--
Other operating charges640/8---€73€119€247€131€132▲ 0.5%
Gross operating margin9900€65,298€64,832€64,728€84,141€93,914€78,156€81,069€34,278▼ 57.7%
Operating profit (loss)9901€64,536€64,068€64,115€83,921€93,425€77,546€80,003€34,146▼ 57.3%
Financial income75/76B---€300,000€120,000€97,002€484,078€733▼ 99.8%
Recurring financial income75€56,000€160,000€160,000€300,000€120,000€97,002€484,078€733▼ 99.8%
Financial charges65/66B---€7,320€1,033--€1,471-
Recurring financial charges65€16,972€15,422€11,955€7,320€1,033--€10-
Non-recurring financial charges66B-------€1,461-
Profit (loss) for the period before taxes9903€103,564€208,646€212,160€376,601€212,392€174,548€564,082€33,407▼ 94.1%
Income taxes67/77€9,807€27,677€28,474€33,481€36,050€16,377€17,085€8,538▼ 50.0%
Profit (loss) for the period9904€93,757€180,969€183,686€343,120€176,343€158,171€546,996€24,869▼ 95.5%
Profit (loss) for the period to be appropriated9905€93,757€180,969€183,686€343,120€176,343€158,171€546,996€24,869▼ 95.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.1m€1.2m€1.4m€1.4m€1.4m▲ 0.9%
Fixed assets21/28€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m▼ 0.1%
Tangible fixed assets22/27€0.001m€441-€0.001m€0.001m€266€0.001m--
Furniture and vehicles24---€0.001m€0.001m€266€0.001m--
Financial fixed assets28€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m=
Current assets29/58€0.03m€0.04m€0.07m€0.05m€0.2m€0.3m€0.3m€0.3m▲ 4.1%
Amounts receivable within one year40/41€0.01m€0.007m-€0.02m-€0.003m€0.02m€0.005m▼ 80.3%
Trade receivables40---€0.02m--€0.02m--
Other amounts receivable41-----€0.003m€0.006m€0.005m▼ 23.8%
Current investments50/53-----€0.06m---
Cash at bank and in hand54/58€0.02m€0.04m€0.07m€0.03m€0.2m€0.2m€0.3m€0.3m▲ 11.3%
Deferred charges and accrued income490/1---€351€351€0.001m€0.001m--
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.1m€1.2m€1.4m€1.4m€1.4m▲ 0.9%
Equity10/15€0.3m€0.5m€0.6m€1.0m€1.2m€1.3m€1.4m€1.4m▲ 1.8%
Contributions10/11€0.1m€0.1m-€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.2m€0.4m€0.5m€0.9m€1.1m€1.2m€1.3m€1.3m▲ 2.0%
Non-distributable reserves130/1---€0.01m€0.01m----
Reserves not available under the articles1311---€0.01m€0.01m----
Distributable reserves133---€0.9m€1.1m€1.2m€1.3m€1.3m▲ 2.0%
Amounts payable17/49€0.8m€0.6m€0.5m€0.1m€0.05m€0.03m€0.01m€0.001m▼ 91.4%
Amounts payable after more than one year17€0.7m€0.5m-------
Amounts payable within one year42/48€0.08m€0.1m€0.5m€0.1m€0.05m€0.03m€0.01m€58▼ 99.6%
Current portion of amounts payable after more than one year42---€0.08m-----
Trade debts44€0.002m€430€461€0.001m€0.02m€0.02m€0.004m€58▼ 98.5%
Suppliers440/4---€0.001m€0.02m€0.02m€0.004m€58▼ 98.5%
Taxes, remuneration and social security45---€0.03m€0.03m€0.01m€0.01m--
Taxes450/3---€0.03m€0.03m€0.01m€0.01m--
Accrued charges and deferred income492/3---€0.007m---€0.001m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€93,757€180,969€183,686€343,120€176,343€158,171€546,996€24,869▼ 95.5%
+ Depreciation and write-downs630€593€593€441€147€370€363€935--
Operating cash flow (approximation)€94,349€181,561€184,127€343,267€176,713€158,534€547,931€24,869▼ 95.5%
Investment in fixed assets (approximation)-€0€0-€1,146€0€0-€2,129€1,461-
Change in cash-€19,352€32,933-€38,631€132,705€79,426€57,811€33,778▼ 41.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 15-06-2026 2026-00165859 PDF
31-12-2024 abbreviated format 27-06-2025 2025-00184669 PDF
31-12-2023 abbreviated format 23-07-2024 2024-00272709 PDF
31-12-2022 abbreviated format 20-07-2023 2023-00254553 PDF
31-12-2021 abbreviated format 23-07-2022 2022-20214284 PDF
31-12-2020 abbreviated format 28-07-2021 2021-40900098 PDF
31-12-2019 abbreviated format 28-07-2020 2020-34400580 PDF
31-12-2018 abbreviated format 22-07-2019 2019-35200368 PDF
31-12-2017 abbreviated format 13-07-2018 2018-32000515 PDF

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