ACTIVE

HSBT

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Financial year 2025 · closed on 30/06/2025

Net result

12,0 k €

+71.8% YoY

Gross margin

148,2 k €

-29.4% YoY

Equity

53,8 k €

+28.7% YoY

Workforce

3,0 ETP

-30.2% YoY

What does HSBT do?

HSBT is a Private limited company incorporated in 2008. Its main activity is: Joinery installation. Its registered office is in Kruisem. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.037.039

Incorporation

29/08/2008

Legal form

Private limited company

Registered office

Industriezone(KRU) 26
9770 Kruisem · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

30/06/2025

Average workforce

3,0 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	148,2 k €	-29.4%	210,1 k €	-26.5%	285,9 k €	-13.8%	331,5 k €	-2.5%	340,0 k €	+1.0%	336,5 k €	+10.2%	305,4 k €	+23.6%	247,1 k €	+11.8%	221,0 k €	-11.4%	249,6 k €	+197%	84,1 k €	+7565%	1,1 k €	-94.7%	20,5 k €	-4.2%	21,4 k €	+224%	6,6 k €	-69.1%	21,5 k €
EBITDA	20,0 k €	+55.5%	12,9 k €	+279%	3,4 k €	-13.9%	3,9 k €	-22.8%	5,1 k €	+115%	2,4 k €	-84.2%	15,1 k €	+494%	2,5 k €	-80.7%	13,1 k €	-49.3%	25,9 k €	-9.5%	28,6 k €	+4309%	649,2 €	-96.8%	20,2 k €	-2.9%	20,8 k €	+250%	5,9 k €	-70.8%	20,3 k €
Operating result	18,3 k €	+64.5%	11,1 k €	+543%	1,7 k €	-35.3%	2,7 k €	-33.6%	4,0 k €	+81.9%	2,2 k €	-84.4%	14,1 k €	+977%	1,3 k €	+497%	-330,6 €	-102%	18,1 k €	+1175%	-1,7 k €	+77.2%	-7,4 k €	-160%	12,4 k €	-30.1%	17,7 k €	+160%	-29,7 k €	-97933%	-30,3 €
Net result	12,0 k €	+71.8%	7,0 k €	+1995%	333,2 €	-78.1%	1,5 k €	-39.9%	2,5 k €	+105%	1,2 k €	-85.4%	8,5 k €	+1522%	524,2 €	+12941%	4,0 €	-100.0%	17,1 k €	+909%	-2,1 k €	+72.7%	-7,7 k €	-162%	12,4 k €	-26.4%	16,9 k €	+155%	-30,8 k €	-460%	-5,5 k €
Balance sheet
Equity	53,8 k €	+28.7%	41,8 k €	+20.0%	34,9 k €	+1.0%	34,5 k €	+4.6%	33,0 k €	+8.3%	30,5 k €	+4.2%	29,2 k €	+41.0%	20,7 k €	+2.6%	20,2 k €	+0.0%	20,2 k €	+553%	3,1 k €	-40.6%	5,2 k €	-59.8%	12,9 k €	+2363%	525,4 €	+103%	-16,4 k €	-213%	14,5 k €
Total assets	113,9 k €	+45.4%	78,4 k €	-21.3%	99,6 k €	-17.1%	120,1 k €	+11.8%	107,4 k €	-9.8%	119,1 k €	+3.8%	114,7 k €	+110%	54,6 k €	+2.8%	53,1 k €	-17.1%	64,0 k €	+4.5%	61,3 k €	+37.1%	44,7 k €	+82.9%	24,4 k €	+37.3%	17,8 k €	-14.7%	20,9 k €	-75.2%	84,0 k €
Cash	38,8 k €	+209%	12,6 k €	-38.9%	20,6 k €	+15.6%	17,8 k €	-0.9%	18,0 k €	-7.3%	19,4 k €	+162%	7,4 k €	-52.4%	15,6 k €	+1.9%	15,3 k €	+7.8%	14,2 k €	+271%	3,8 k €	+252%	1,1 k €	-67.5%	3,3 k €	+12.4%	3,0 k €	-67.3%	9,1 k €	+132%	3,9 k €
Debts	60,1 k €	+67.1%	36,0 k €	-44.4%	64,7 k €	-24.4%	85,6 k €	+15.0%	74,4 k €	-16.0%	88,6 k €	+3.6%	85,5 k €	+153%	33,8 k €	+2.9%	32,9 k €	-25.0%	43,8 k €	-24.7%	58,2 k €	+47.4%	39,5 k €	+243%	11,5 k €	-33.4%	17,3 k €	-52.9%	36,6 k €	-46.8%	68,9 k €
Other
Workforce	3,0 ETP	-30.2%	4,3 ETP	-25.9%	5,8 ETP	-22.7%	7,5 ETP	-6.3%	8,0 ETP	+14.3%	7,0 ETP	+22.8%	5,7 ETP	+16.3%	4,9 ETP	0.0%	4,9 ETP	-7.5%	5,3 ETP	+253%	1,5 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 7 ended

Active mandates

Dirk Claerhout

Director · until 28 décembre 2029

Active

Franky Claerhout

Director · until 28 décembre 2029

Active

Gino Claerhout

Director · until 28 décembre 2029

Active

Nico Claerhout

Director · until 28 décembre 2029

Active

Ended mandates

Dirk Claerhout

Director · since 13 décembre 2023

Ended

Franky Claerhout

Director · since 13 décembre 2023

Ended

Nico Claerhout

Director · since 13 décembre 2023

Ended

Gino Claerhout

Director

Ended

At this address

Other companies at this address

Company	CBE no.
HOME-STAIRS● Active	0458.310.548
HOME-STYLING● Active	0430.869.050

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/01/2026	26/02/2025	21/02/2024	04/02/2023	01/02/2022	31/01/2021
General meeting	28/12/2025	28/12/2024	28/12/2023	05/12/2022	05/12/2021	05/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/12/2025	08/01/2026	Dutch	PDF
Abridged model	30/06/2024	28/12/2024	26/02/2025	Dutch	PDF
Abridged model	30/06/2023	28/12/2023	21/02/2024	Dutch	PDF
Abridged model	30/06/2022	05/12/2022	04/02/2023	Dutch	PDF
Abridged model	30/06/2021	05/12/2021	01/02/2022	Dutch	PDF
Abridged model	30/06/2020	05/12/2020	31/01/2021	Dutch	PDF
Abridged model	30/06/2019	05/12/2019	13/02/2020	Dutch	PDF
Abridged model	30/06/2018	05/12/2018	10/02/2019	Dutch	PDF
Abridged model	30/06/2017	05/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	05/12/2016	14/01/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	14/01/2016	Dutch	PDF
Abridged model	30/06/2014	05/12/2014	07/02/2015	Dutch	PDF
Abridged model	30/06/2013	05/12/2013	03/02/2014	Dutch	PDF
Abridged model	30/06/2012	26/12/2012	15/02/2013	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	09/01/2012	Dutch	PDF
Abridged model	30/06/2010	05/12/2010	04/01/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 7 ended

Active mandates

Dirk Claerhout

Director · until 28 décembre 2029

Active

Franky Claerhout

Director · until 28 décembre 2029

Active

Gino Claerhout

Director · until 28 décembre 2029

Active

Nico Claerhout

Director · until 28 décembre 2029

Active

Ended mandates

Dirk Claerhout

Director · since 13 décembre 2023

Ended

Franky Claerhout

Director · since 13 décembre 2023

Ended

Nico Claerhout

Director · since 13 décembre 2023

Ended

Gino Claerhout

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/09/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Mandates23/02/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other02/09/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202512,0 k €↑
2024
Annual accounts 20247,0 k €↑
2023
Annual accounts 2023333,2 €↓
2022
Annual accounts 20221,5 k €↓
2021
Annual accounts 20212,5 k €↑
2020
Annual accounts 20201,2 k €↓
2019
Annual accounts 20198,5 k €↑
2018
Annual accounts 2018524,2 €↑
2017
Annual accounts 20174,0 €↓
2016
Annual accounts 201617,1 k €↑
2015
Annual accounts 2015-2,1 k €↑
2014
Annual accounts 2014-7,7 k €↓
2013
Annual accounts 201312,4 k €↓
2012
Annual accounts 201216,9 k €↑
2011
Annual accounts 2011-30,8 k €↓
2010
Annual accounts 2010-5,5 k €
29/08/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HSBT

Overview

What does HSBT do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline