VAN HOECKE
ActiveVAN HOECKE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57.12M and a net result of €5.64M. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 82% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+5
Solvency100=
Growth70▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.07 against 2.07 in 2024; short-term debt: 24% and cash: 23.8% of total assets), and 24.1% 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
75.9%
Return on assets
7.5%
Age of the figures
15 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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
63 d early
2023
61 d early
2022
67 d early
2021
66 d early
2020
65 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€132.98M▲ 4.6%
2024 · €127.10M
2019: €90.80M
2020: €95.07M
2021: €120.82M
2022: €132.05M
2023: €131.49M
2024: €127.10M
2019 → 2025
EBIT margin
6.7%▲ 1.4pp
2024 · 5.4%
2019: 5.3%
2020: 5.3%
2021: 7.8%
2022: 7.1%
2023: 5.4%
2024: 5.4%
2019 → 2025
Net result
€5.64M▲ 37.3%
2024 · €4.11M
2019: €3.54M
2020: €3.69M
2021: €7.17M
2022: €7.23M
2023: €4.78M
2024: €4.11M
2019 → 2025
Working capital
€19.31M▲ 19.8%
2024 · €16.13M
2019: €7.13M
2020: €6.36M
2021: €8.38M
2022: €10.21M
2023: €11.93M
2024: €16.13M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€120.82M-€132.05M▲ 9.3%€131.49M▼ 0.4%€127.10M▼ 3.3%€132.98M▲ 4.6%
Equity€12.41M-€14.58M▲ 17.5%€17.16M▲ 17.7%€54.98M▲ 220%€57.12M▲ 3.9%
Operating result€9.40M-€9.32M▼ 0.8%€7.06M▼ 24.3%€6.81M▼ 3.5%€8.92M▲ 31.0%
Net result€7.17M-€7.23M▲ 0.9%€4.78M▼ 33.9%€4.11M▼ 14.1%€5.64M▲ 37.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75.29M
Fixed assets
€37.88M▼ 4.5%
Current assets
€37.41M▲ 19.8%
Equity and liabilities €75.29M
Equity
€57.12M▲ 3.9%
Provisions
€15k▼ 2.9%
Debt
€18.16M▲ 14.4%
The debt ratio rises from 22.4% to 24.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12.23M▲
2024 · €8.65M
Cash flow
€8.95M▲
2024 · €5.95M
Solvency
75.9%▼
2024 · 77.6%
Current ratio
2.07▼
2024 · 2.07
Quick ratio
1.68▲
2024 · 1.61
Debt / equity
0.32▲
2024 · 0.29
ROE
9.9%▲
2024 · 7.5%
ROA
7.5%▲
2024 · 5.8%
Interest coverage
79.11▲
2024 · 58.93
Debt
€18.16M▲
2024 · €15.88M
Debt ≤ 1 year
€18.09M▲
2024 · €15.09M
Debt > 1 year
€0▼
2024 · €741k
Income taxes
€1.85M▲
2024 · €1.31M
Staff costs
€13.14M▲
2024 · €12.23M
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€70.87M€75.29M▲
Fixed assets21/28€39.66M€37.88M▼
Intangible fixed assets21€2.81M€3.15M▲
Tangible fixed assets22/27€36.85M€34.71M▼
Land and buildings22€33.90M€32.43M▼
Plant, machinery and equipment23€2.34M€1.88M▼
Furniture and vehicles24€607k€404k▼
Financial fixed assets28€937€20k▲
Other financial fixed assets284/8€937€20k▲
Amounts receivable and cash guarantees285/8€937€20k▲
Current assets29/58€31.21M€37.41M▲
Stocks and contracts in progress3€6.92M€6.98M▲
Stocks30/36€6.92M€6.98M▲
Goods purchased for resale34€6.92M€6.98M▲
Amounts receivable within one year40/41€11.37M€12.04M▲
Trade receivables40€11.04M€12.02M▲
Other amounts receivable41€331k€20k▼
Cash at bank and in hand54/58€12.47M€17.95M▲
Deferred charges and accrued income490/1€452k€436k▼
Equity and liabilities
Total equity and liabilities10/49€70.87M€75.29M▲
Equity10/15€54.98M€57.12M▲
Contributions10/11€34.34M€34.34M=
Capital10€854k€854k=
Issued capital100€854k€854k=
Outside capital11€33.48M€33.48M=
Share premium1100/10€33.48M€33.48M=
Reserves13€20.63M€22.77M▲
Non-distributable reserves130/1€85k€85k=
Legal reserve130€85k€85k=
Tax-exempt reserves132€52k€45k▼
Distributable reserves133€20.50M€22.64M▲
Profit (loss) carried forward14€459€876▲
Investment grants15€6k€3k▼
Provisions and deferred taxes16€16k€15k▼
Deferred taxes168€16k€15k▼
Amounts payable17/49€15.88M€18.16M▲
Amounts payable after more than one year17€741k€0▼
Financial debts170/4€741k€0▼
Credit institutions173€741k€0▼
Amounts payable within one year42/48€15.09M€18.09M▲
Trade debts44€11.29M€10.49M▼
Suppliers440/4€11.29M€10.49M▼
Taxes, remuneration and social security45€3.80M€4.10M▲
Taxes450/3€1.22M€1.66M▲
Remuneration and social security454/9€2.58M€2.44M▼
Other amounts payable47/48-€3.50M
Accrued charges and deferred income492/3€51k€67k▲
Income statement
Code20242025
Operating income70/76A€129.41M€136.01M▲
Turnover70€127.10M€132.98M▲
Other operating income74€2.27M€3.00M▲
Non-recurring operating income76A€49k€37k▼
Operating charges60/66A€122.61M€127.10M▲
Goods for resale, raw materials and consumables60€87.92M€92.60M▲
Purchases600/8€86.89M€92.67M▲
Change in stocks: decrease (increase)609€1.03M€-62k▼
Services and other goods61€20.51M€17.85M▼
Remuneration, social security and pensions62€12.23M€13.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.84M€3.31M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€67k€33k▼
Other operating charges640/8€35k€159k▲
Non-recurring operating charges66A€2k€0▼
Operating profit (loss)9901€6.81M€8.92M▲
Financial income75/76B€58k€60k▲
Recurring financial income75€58k€60k▲
Other financial income752/9€58k€60k▲
Financial charges65/66B€1.44M€1.49M▲
Recurring financial charges65€1.44M€1.49M▲
Debt charges650€147k€155k▲
Other financial charges652/9€1.30M€1.34M▲
Profit (loss) for the period before taxes9903€5.42M€7.49M▲
Transfer from deferred taxes780€4k€5k▲
Transfer to deferred taxes680€6k€4k▼
Income taxes67/77€1.31M€1.85M▲
Taxes670/3€1.31M€1.85M▲
Profit (loss) for the period9904€4.11M€5.64M▲
Transfer from tax-exempt reserves789€11k€20k▲
Transfer to tax-exempt reserves689€19k€12k▼
Profit (loss) for the period to be appropriated9905€4.10M€5.65M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.10M€5.65M▲
Profit (loss) brought forward from the previous period14P€816€459▼
Transfer to equity691/2€4.10M€2.15M▼
To the legal reserve6920€23k€0▼
To other reserves6921€4.08M€2.15M▼
Profit to be distributed694/7-€3.50M
Return on contributions (dividend)694-€3.50M
Social balance
Average headcount (FTE)9087159.7162.8▲
The notes to these accounts (65 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Equity above €50MEq €54.98M ▲220%
6 profitable years in a row build equity to €54.98M.
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
25-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Highest result since 2019net €7.23M ▲0.9%
Net result €7.23M, the highest in the series.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
03-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 acts for this company are 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, Sint-Niklaas · 1 establishment unit 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.
Europark-Noord 99100 Sint-NiklaasGround area
1.2 ha
Building footprint
8,485 m²
Parcel 46442C0186/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
MEUBELBESLAG
since 19902.047.750.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0186/00T000 | Flanders | 1.2 ha | 1 · 8,485 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Group per the LEI register
1 parent companyParent company:ATLAS HOLDING
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 26,263 EUR awarded · 13,802 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,130 EUR | 2,130 EUR |
| 2024 | 1 | 5,165 EUR | 5,165 EUR |
| 2023 | 1 | 6,507 EUR | 6,507 EUR |
| 2022 | 1 | 12,461 EUR | 0 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Call groene stroom (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
1 live approvalLogistiek duaal (so)
Legal Entity Identifier
254900TDHR7KDC6QTD69
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Of 505 companies in sector 46841 we hold annual accounts for 365. 38 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-02-1990
Fiscal year end30-06
Activities, NACEBEL
46499Wholesale of other household goods
46841Wholesale trade
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.