VAN HOOREBEKE PANELS
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-10-2024 was due by 31-05-2025 and was filed on 23-09-2025, 115 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2024
115 d late
2023
30 d late
2022
3 d late
2021
48 d early
2020
46 d early
2019
7 d late
2018
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.46M▲ 6.6%
2023 · €1.37M
2018: €1.92M
2019: €1.63M
2020: €1.44M
2021: €1.43M
2022: €1.16M
2023: €1.37M
2018 → 2024
Total assets
€1.47M▼ 2.2%
2023 · €1.50M
2018: €5.13M
2019: €5.21M
2020: €5.38M
2021: €1.61M
2022: €1.25M
2023: €1.50M
2018 → 2024
Net result
€90k▼ 57.4%
2023 · €212k
2018: €-141k
2019: €-286k
2020: €-187k
2021: €-13k
2022: €-272k
2023: €212k
2018 → 2024
Working capital
€1.46M▲ 4.4%
2023 · €1.40M
2018: €1.89M
2019: €1.61M
2020: €1.42M
2021: €1.42M
2022: €1.17M
2023: €1.40M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.44M-€1.43M▼ 0.9%€1.16M▼ 19.1%€1.37M▲ 18.3%€1.46M▲ 6.6%
Operating result€-208k-€-33k▲ 84.3%€-292k▼ 795%€179k€95k▼ 47.1%
Net result€-187k-€-13k▲ 93.2%€-272k▼ 2,027%€212k€90k▼ 57.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.47M
Equity
€1.46M ▲ 6.6%
Debt
€8k ▼ 93.7%
Debt's share of the balance-sheet total falls from 8.8% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95k▼
2023 · €183k
Cash flow
€90k▼
2023 · €215k
Debt to equity
0.01▼
2023 · 0.10
ROE
6.2%▼
2023 · 15.5%
ROA
6.1%▼
2023 · 14.1%
Interest coverage
92.09▼
2023 · 166.61
Debt ≤ 1 year
€8k▼
2023 · €99k
Income taxes
€4k
Staff costs
€174k▼
2023 · €337k
A ratio outside any meaningful range has been withheld (balance sheet total €1.47M, equity €1.46M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.47M▼
Fixed assets21/28€5k€0▼
Tangible fixed assets22/27€5k€0▼
Plant, machinery and equipment23€3k€0▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€0-
Current assets29/58€1.50M€1.47M▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€115k€1.43M▲
Trade receivables40€110k€113k▲
Other amounts receivable41€5k€1.32M▲
Cash at bank and in hand54/58€1.38M€33k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.47M▼
Equity10/15€1.37M€1.46M▲
Contributions10/11€1.30M€1.30M=
Capital10€1.30M€1.30M=
Issued capital100€1.30M€1.30M=
Reserves13€175k€175k=
Non-distributable reserves130/1€134k€134k=
Legal reserve130€130k€130k=
Other1319€4k€4k=
Tax-exempt reserves132€41k€41k=
Profit (loss) carried forward14€-107k€-17k▲
Amounts payable17/49€132k€8k▼
Amounts payable within one year42/48€99k€8k▼
Trade debts44€75k€5k▼
Suppliers440/4€75k€5k▼
Taxes, remuneration and social security45€24k€4k▼
Taxes450/3€0€4k▲
Remuneration and social security454/9€24k€0▼
Accrued charges and deferred income492/3€33k€0▼
Income statement
Code20232024
Non-recurring operating income76A-€125k
Remuneration, social security and pensions62€337k€174k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€0▼
Other operating charges640/8€17k€518▼
Non-recurring operating charges66A€0-
Gross operating margin9900€537k€269k▼
Operating profit (loss)9901€179k€95k▼
Financial income75/76B€34k€179▼
Recurring financial income75€34k€179▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€212k€94k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€212k€90k▼
Profit (loss) for the period to be appropriated9905€212k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-107k€-17k▲
Profit (loss) brought forward from the previous period14P€-319k€-107k▲
Social balance
Average headcount (FTE)90877.66.6▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 115 days late
24-01
State Gazette act
General meeting · Merger
Dissolution · Accounting effect
2024
13-11
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
31-10
Financial
Liquidity times 12current ratio 174.61
Current ratio from 15.11 to 174.61; short-term debt falls from €99k to €8k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €212k
Net result €212k after 5 loss-making years.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 7current ratio 9.01
Current ratio from 1.36 to 9.01; short-term debt falls from €3.94M to €178k.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 7 days late
2019
31-12
Financial
Weakest financial yearnet €-286k
Net result drops to €-286k, the lowest in the series.
Show earlier events
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:VAN HOOREBEKE TIMBER
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 10,506 EUR awarded · 10,506 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,891 EUR | 2,891 EUR |
| 2022 | 1 | 7,615 EUR | 7,615 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Legal Entity Identifier
699400B7N4HIKBO3FF89