HOUT - BOIS VAN STEENBERGE
ActiveHOUT - BOIS VAN STEENBERGE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.87M and a net result of €4.19M. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 24% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+8
Solvency47▲+3
Growth66▲+33
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €490k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 3.37 in 2024; short-term debt: 12.2% and cash: 0.2% of total assets), but 78.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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
21.8%
Return on assets
11.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4839 sector peers (2025).
NBB · sector comparisonPosition among 4839 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
36 d late
2023
31 d late
2022
16 d early
2021
58 d early
2020
65 d early
2019
21 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€46.32M▲ 20.3%
2024 · €38.50M
2018: €37.03M
2019: €32.54M
2020: €31.71M
2021: €45.68M
2022: €45.29M
2023: €37.73M
2024: €38.50M
2018 → 2025
EBIT margin
1.6%▼ 1.4pp
2024 · 2.9%
2018: 1.2%
2019: -1.0%
2020: 1.7%
2021: 11.0%
2022: 5.7%
2023: -2.2%
2024: 2.9%
2018 → 2025
Net result
€4.19M▲ 2,098%
2024 · €191k
2018: €393k
2019: €-294k
2020: €518k
2021: €3.89M
2022: €1.94M
2023: €-1.78M
2024: €191k
2018 → 2025
Working capital
€16.43M▲ 15.3%
2024 · €14.25M
2018: €5.17M
2019: €4.89M
2020: €5.19M
2021: €6.32M
2022: €7.64M
2023: €-2.90M
2024: €14.25M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€45.68M-€45.29M▼ 0.9%€37.73M▼ 16.7%€38.50M▲ 2.0%€46.32M▲ 20.3%
Equity€8.88M-€10.37M▲ 16.8%€8.59M▼ 17.2%€6.68M▼ 22.2%€7.87M▲ 17.9%
Operating result€5.05M-€2.56M▼ 49.2%€-839k€1.13M€731k▼ 35.5%
Net result€3.89M-€1.94M▼ 50.1%€-1.78M€191k€4.19M▲ 2,098%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 35% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36.12M
Fixed assets
€15.29M▼ 2.3%
Current assets
€20.83M▲ 2.9%
Equity and liabilities €36.12M
Equity
€7.87M▲ 17.9%
Debt
€28.25M▼ 3.3%
The debt ratio falls from 81.4% to 78.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.20M▼
2024 · €1.62M
Cash flow
€4.66M▲
2024 · €677k
Solvency
21.8%▲
2024 · 18.6%
Current ratio
4.73▲
2024 · 3.37
Quick ratio
4.65▲
2024 · 3.27
Debt / equity
3.59▼
2024 · 4.38
ROE
53.3%▲
2024 · 2.9%
ROA
11.6%▲
2024 · 0.5%
Interest coverage
1.86▲
2024 · 1.76
Debt
€28.25M▼
2024 · €29.22M
Debt ≤ 1 year
€4.41M▼
2024 · €6.00M
Debt > 1 year
€23.12M▲
2024 · €22.70M
Income taxes
€-23▼
2024 · €35k
Staff costs
€2.27M▲
2024 · €1.97M
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€35.90M€36.12M▲
Fixed assets21/28€15.65M€15.29M▼
Intangible fixed assets21€106k€79k▼
Tangible fixed assets22/27€2.64M€2.30M▼
Land and buildings22€1.25M€1.14M▼
Plant, machinery and equipment23€1.07M€1.07M▲
Furniture and vehicles24€149k€89k▼
Assets under construction and advance payments27€161k-
Financial fixed assets28€12.91M€12.91M=
Affiliated companies280/1€12.90M€12.90M=
Participating interests280€12.90M€12.90M=
Other financial fixed assets284/8€10k€10k=
Amounts receivable and cash guarantees285/8€10k€10k=
Current assets29/58€20.25M€20.83M▲
Amounts receivable after more than one year29€12.30M€13.70M▲
Other amounts receivable291€12.30M€13.70M▲
Stocks and contracts in progress3€653k€350k▼
Stocks30/36€653k€350k▼
Goods purchased for resale34€653k€350k▼
Advance payments36€0-
Amounts receivable within one year40/41€7.02M€6.62M▼
Trade receivables40€5.74M€6.20M▲
Other amounts receivable41€1.28M€422k▼
Cash at bank and in hand54/58€249k€83k▼
Deferred charges and accrued income490/1€27k€83k▲
Equity and liabilities
Total equity and liabilities10/49€35.90M€36.12M▲
Equity10/15€6.68M€7.87M▲
Contributions10/11€1.50M€1.50M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Reserves13€4.41M€5.67M▲
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Tax-exempt reserves132€1.13M€1.02M▼
Distributable reserves133€3.13M€4.50M▲
Profit (loss) carried forward14€771k€699k▼
Amounts payable17/49€29.22M€28.25M▼
Amounts payable after more than one year17€22.70M€23.12M▲
Financial debts170/4€5.00M€4.62M▼
Credit institutions173€5.00M€4.62M▼
Other amounts payable178/9€17.70M€18.50M▲
Amounts payable within one year42/48€6.00M€4.41M▼
Current portion of amounts payable after more than one year42€376k€380k▲
Financial debts43€4.00M-
Credit institutions430/8€4.00M-
Trade debts44€1.36M€629k▼
Suppliers440/4€1.36M€629k▼
Taxes, remuneration and social security45€259k€396k▲
Taxes450/3€33k€209k▲
Remuneration and social security454/9€226k€187k▼
Other amounts payable47/48€420€3.00M▲
Accrued charges and deferred income492/3€523k€725k▲
Income statement
Code20242025
Operating income70/76A€38.73M€46.83M▲
Turnover70€38.50M€46.32M▲
Other operating income74€201k€488k▲
Non-recurring operating income76A€35k€14k▼
Operating charges60/66A€37.60M€46.10M▲
Goods for resale, raw materials and consumables60€31.02M€35.96M▲
Purchases600/8€22.92M€35.66M▲
Change in stocks: decrease (increase)609€8.09M€303k▼
Services and other goods61€4.05M€7.25M▲
Remuneration, social security and pensions62€1.97M€2.27M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€486k€471k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€79k▲
Other operating charges640/8€69k€68k▼
Non-recurring operating charges66A€0€2k▲
Operating profit (loss)9901€1.13M€731k▼
Financial income75/76B€272k€4.22M▲
Recurring financial income75€272k€4.22M▲
Income from financial fixed assets750-€4.00M
Income from current assets751-€187k
Other financial income752/9€272k€33k▼
Financial charges65/66B€1.18M€756k▼
Recurring financial charges65€1.18M€756k▼
Debt charges650€921k€644k▼
Other financial charges652/9€258k€112k▼
Profit (loss) for the period before taxes9903€226k€4.19M▲
Income taxes67/77€35k€-23▼
Taxes670/3€35k€0▼
Tax adjustments and reversals of tax provisions77-€23
Profit (loss) for the period9904€191k€4.19M▲
Transfer from tax-exempt reserves789€269k€105k▼
Profit (loss) for the period to be appropriated9905€460k€4.30M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.23M€5.07M▲
Profit (loss) brought forward from the previous period14P€771k€771k=
Transfer from equity791/2€2.10M-
From reserves792€2.10M-
Transfer to equity691/2€460k€1.37M▲
To other reserves6921€460k€1.37M▲
Profit to be distributed694/7€2.10M€3.00M▲
Return on contributions (dividend)694€2.10M€3.00M▲
Social balance
Average headcount (FTE)908733.035.4▲
The notes to these accounts (104 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
24-06
State Gazette act
General meeting · Director resignation
Director reappointment · Mandate compensation
2025
31-12
Financial
Highest result since 2018net €4.19M ▲2098%
Net result €4.19M, the highest in the series.
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 36 days late
2024
31-12
Financial
Back to profitnet €191k
Net result €191k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.37
Current ratio from 0.84 to 3.37; short-term debt falls from €18.21M to €6.00M.
13-11
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-1.78M ▼192%
Net result drops to €-1.78M, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
11-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
11-04
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2022
31-12
Financial
Equity above €10MEq €10.37M ▲16.8%
3 profitable years in a row build equity to €10.37M.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €518k
Net result €518k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-11-2020
Resigned as Director
Location & real-estate footprint
Registered office, Zottegem · 2 establishment units since 1990
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.
Steenweg op Aalst 279620 ZottegemGround area
12.9 ha
Building footprint
6.5 ha
Volume, LiDAR
45,691 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
HOUT-BOIS VAN STEENBERGE
since 19902.053.007.374
Hout van Steenberge - Gent
since 20242.365.035.588
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44814G0404/00A000 | Flanders | 8.9 ha | 1 · 5.9 ha | - |
| 41013A0593/00G000 | Flanders | 4.0 ha | 1 · 6,123 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 partiesHOUT - BOIS VAN STEENBERGEBE 0440.690.893
controls
Where this company holds controlthis company sits on their board2
1 location
1 location
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 13,116 EUR awarded · 13,116 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 4,646 EUR | 4,646 EUR |
| 2022 | 1 | 8,470 EUR | 8,470 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesZottegem2.053.007.374
Gent2.365.035.588
Dual-learning approval
10 endedLegal Entity Identifier
5493006YAQ5NT416DD93
Similar companies · same sector, comparable size
CARPAL
BE 0475.256.547
Wevelgem · Eq €7.92M
Magazijnen Frans Vlaeminck
BE 0407.113.156
Oostrozebeke · Eq €7.96M
Etablissements Decamps
BE 0405.628.264
Châtelet · Eq €8.19M
DISTRIBOIS
BE 0415.258.285
Charleroi · Eq €8.29M
AGRICON
BE 0461.486.408
Balen · Eq €8.32M
Of 858 companies in sector 46832 we hold annual accounts for 588. 268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-05-1990
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.