HOUBEN
Dissolved and wound upFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-05-2026 PDF all 24 filings
Turnover
≈ €1.1m
Estimated: probably between €760,000 and €1.6m
EBIT margin
Not included in this filing
Net result
€334,131
2024 · -€42,320
Working capital
€394,723
2024 · -€21,332
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€502,884
2025
20182025
Net result
€334,131
2025
20182025
Equity
€484,930
▲ 222%
2025
20182025
Total assets
€498,563
▲ 167%
2025
20182025
Debt
€13,633
▼ 61.7%
2025
20182025
Working capital
€394,723
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€10,883-€6,140€44,614▲ 627%€45,485▲ 2.0%-€2,384€33,943-€40,966€502,884
Net result-€21,637-€174,338€29,286▼ 83.2%€28,054▼ 4.2%€2,504▼ 91.1%€17,525▲ 600%-€42,320€334,131
Equity-€58,589-€115,750€145,036▲ 25.3%€173,089▲ 19.3%€175,594▲ 1.4%€193,119▲ 10.0%€150,799▼ 21.9%€484,930▲ 222%
Total assets€323,555-€520,956▲ 61.0%€363,702▼ 30.2%€361,557▼ 0.6%€314,637▼ 13.0%€263,067▼ 16.4%€186,417▼ 29.1%€498,563▲ 167%
Debt€382,144-€405,207▲ 6.0%€218,666▼ 46.0%€188,468▼ 13.8%€139,043▼ 26.2%€69,948▼ 49.7%€35,617▼ 49.1%€13,633▼ 61.7%
Working capital-€225,032--€79,012▲ 64.9%-€62,627▲ 20.7%-€53,320▲ 14.9%-€66,592▼ 24.9%-€10,978▲ 83.5%-€21,332▼ 94.3%€394,723
Staff (FTE)1.4-0.4▼ 71.4%0.4=0.1▼ 75.0%
The operating result for 2025 is a profit of €502,884, after a loss of €40,966 in 2024. It is the highest result since 2018.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498,563
Fixed assets
€90,207 ▼ 47.9%
Current assets
€408,356 ▲ 30×
Equity and liabilities €498,563
Equity
€484,930 ▲ 222%
Debt
€13,633 ▼ 61.7%
Debt's share of the balance-sheet total falls from 19.1% to 2.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€535,711▲
2024 · -€2,547
Cash flow
€366,958▲
2024 · -€3,900
Current ratio
29.95▲
2024 · 0.39
Debt to equity
0.03▼
2024 · 0.24
ROE
68.9%▲
2024 · -28.1%
ROA
67.0%▲
2024 · -22.7%
Interest coverage
over 100▲
2024 · -1.88
Debt ≤ 1 year
€13,633▼
2024 · €34,730
Income taxes
€166,831
Staff costs
€75▼
2024 · €93
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Average over the year, in full-time equivalents | 0.1 |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,382 | €1,321 | €219,655 | - | - |
| Intangible fixed assets | - | - | €164,135 | - | - |
| Depreciation and write-downs of the year | €7,280 | €6,271 | €11,767 | €38,419 | €32,827 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,004 | €1,275 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €4,291 | €87 | €692 | €93 | €75 | ▼ 19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,389 | €9,494 | €5,519 | €7,280 | €6,271 | €11,767 | €38,419 | €32,827 | ▼ 14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | -€9,339 | - | -€2,180 | - |
| Other operating charges640/8 | - | - | - | €1,438 | €1,007 | €22,237 | €3,586 | €7,996 | ▲ 123% |
| Non-recurring operating charges66A | - | - | - | €4,000 | - | €8,082 | - | - | - |
| Gross operating margin9900 | €69,859 | €50,687 | €66,110 | €62,494 | €4,982 | €67,383 | €1,132 | €541,601 | ▲ 478× |
| Operating profit (loss)9901 | -€10,883 | €6,140 | €44,614 | €45,485 | -€2,384 | €33,943 | -€40,966 | €502,884 | - |
| Financial income75/76B | - | - | - | €1,403 | €13,129 | €18 | - | €847 | - |
| Recurring financial income75 | - | €181,190 | €3,094 | €1,403 | €3 | €18 | - | €847 | - |
| Non-recurring financial income76B | - | - | - | - | €13,126 | - | - | - | - |
| Financial charges65/66B | - | - | - | €4,530 | €3,276 | €2,384 | €1,354 | €2,768 | ▲ 105% |
| Recurring financial charges65 | €6,483 | €6,222 | €5,698 | €4,530 | €3,276 | €2,384 | €1,354 | €2,768 | ▲ 105% |
| Profit (loss) for the period before taxes9903 | -€17,366 | €181,109 | €42,010 | €42,357 | €7,469 | €31,577 | -€42,320 | €500,962 | - |
| Income taxes67/77 | €4,271 | €6,771 | €12,724 | €14,303 | €4,965 | €14,052 | - | €166,831 | - |
| Profit (loss) for the period9904 | -€21,637 | €174,338 | €29,286 | €28,054 | €2,504 | €17,525 | -€42,320 | €334,131 | - |
| Profit (loss) for the period to be appropriated9905 | -€21,637 | €174,338 | €29,286 | €28,054 | €2,504 | €17,525 | -€42,320 | €334,131 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €323,555 | €520,956 | €363,702 | €361,557 | €314,637 | €263,067 | €186,417 | €498,563 | ▲ 167% |
| Fixed assets21/28 | €272,832 | €276,718 | €276,933 | €273,034 | €268,080 | €211,439 | €173,019 | €90,207 | ▼ 47.9% |
| Intangible fixed assets21 | - | - | - | - | - | €155,861 | €123,034 | €90,207 | ▼ 26.7% |
| Tangible fixed assets22/27 | €10,370 | €14,256 | €14,721 | €10,822 | €5,867 | €55,578 | €49,985 | - | - |
| Land and buildings22 | - | - | - | €548 | €456 | €55,578 | €49,985 | - | - |
| Plant, machinery and equipment23 | - | - | - | €5,946 | €4,001 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €4,242 | €1,410 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €86 | - | - | - | - | - |
| Financial fixed assets28 | €262,463 | €262,463 | €262,213 | €262,213 | €262,213 | - | - | - | - |
| Current assets29/58 | €50,723 | €244,238 | €86,769 | €88,523 | €46,557 | €51,629 | €13,397 | €408,356 | ▲ 30× |
| Amounts receivable within one year40/41 | €13,520 | €58,668 | €79,438 | €72,104 | €43,698 | €31,030 | €4,474 | €172,999 | ▲ 39× |
| Trade receivables40 | - | - | - | €60,949 | €41,391 | €27,902 | €3,867 | €3,210 | ▼ 17.0% |
| Other amounts receivable41 | - | - | - | €11,156 | €2,307 | €3,128 | €607 | €169,789 | ▲ 280× |
| Cash at bank and in hand54/58 | €35,022 | €3,967 | €6,927 | €15,523 | €161 | €17,595 | €8,837 | €235,357 | ▲ 27× |
| Deferred charges and accrued income490/1 | - | - | - | €895 | €2,698 | €3,004 | €87 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €323,555 | €520,956 | €363,702 | €361,557 | €314,637 | €263,067 | €186,417 | €498,563 | ▲ 167% |
| Equity10/15 | -€58,589 | €115,750 | €145,036 | €173,089 | €175,594 | €193,119 | €150,799 | €484,930 | ▲ 222% |
| Contributions10/11 | €24,789 | €24,789 | - | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Reserves13 | €3,050 | €38,050 | €58,050 | €68,050 | €68,050 | €68,050 | €68,050 | €402,181 | ▲ 491% |
| Non-distributable reserves130/1 | - | - | - | €3,050 | €3,050 | €3,050 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €3,050 | €3,050 | €3,050 | - | - | - |
| Distributable reserves133 | - | - | - | €65,000 | €65,000 | €65,000 | €68,050 | €402,181 | ▲ 491% |
| Profit (loss) carried forward14 | -€86,428 | €52,910 | €62,196 | €80,250 | €82,754 | €100,280 | €57,960 | €57,960 | = |
| Amounts payable17/49 | €382,144 | €405,207 | €218,666 | €188,468 | €139,043 | €69,948 | €35,617 | €13,633 | ▼ 61.7% |
| Amounts payable after more than one year17 | €105,498 | €81,956 | €69,270 | €46,447 | €25,536 | €7,341 | €888 | - | - |
| Financial debts170/4 | - | - | - | €46,447 | €25,536 | €7,341 | €888 | - | - |
| Amounts payable within one year42/48 | €275,755 | €323,250 | €149,396 | €141,843 | €113,149 | €62,607 | €34,730 | €13,633 | ▼ 60.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,823 | €20,911 | €22,435 | €6,274 | €888 | ▼ 85.9% |
| Financial debts43 | - | - | - | - | €5,787 | - | - | - | - |
| Credit institutions430/8 | - | - | - | - | €5,787 | - | - | - | - |
| Trade debts44 | €59,595 | €86,972 | €85,010 | €63,533 | €19,776 | €5,523 | €4,480 | €12,434 | ▲ 178% |
| Suppliers440/4 | - | - | - | €63,533 | €19,776 | €5,523 | €4,480 | €12,434 | ▲ 178% |
| Taxes, remuneration and social security45 | - | - | - | €29,591 | €18,907 | €18,588 | €18,407 | - | - |
| Taxes450/3 | - | - | - | €29,591 | €18,907 | €18,588 | €18,407 | - | - |
| Other amounts payable47/48 | - | - | - | €25,895 | €47,769 | €16,062 | €5,568 | €312 | ▼ 94.4% |
| Accrued charges and deferred income492/3 | - | - | - | €178 | €358 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,637 | €174,338 | €29,286 | €28,054 | €2,504 | €17,525 | -€42,320 | €334,131 | - |
| + Depreciation and write-downs630 | €11,389 | €9,494 | €5,519 | €7,280 | €6,271 | €11,767 | €38,419 | €32,827 | ▼ 14.6% |
| Operating cash flow (approximation) | -€10,249 | €183,832 | €34,805 | €35,334 | €8,775 | €29,293 | -€3,900 | €366,958 | - |
| Investment in fixed assets (approximation) | - | -€13,379 | -€5,734 | -€3,382 | -€1,316 | €44,874 | €0 | €49,985 | - |
| Change in cash | - | -€31,056 | €2,961 | €8,596 | -€15,362 | €17,434 | -€8,758 | €226,520 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-05-2026 | 2026-00114619 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00178302 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00415015 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00399062 | |
| 31-12-2021 | micro format | 18-11-2022 | 2022-20522079 | |
| 31-12-2020 | full format | 28-09-2021 | 2021-68700449 | |
| 31-12-2019 | full format | 29-10-2020 | 2020-65600141 | |
| 31-12-2018 | micro format | 27-09-2019 | 2019-66800029 | |
| 31-12-2017 | micro format | 17-07-2018 | 2018-35700413 | |
| 31-12-2016 | micro format | 26-09-2017 | 2017-63800472 |