ACTIVE

HERTZ BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-3 M €+74,8 %over 1 year
Revenue40,9 M €+13,2 %over 1 year
Equity-4,8 M €-161,6 %over 1 year
Workforce46,1 ETP-0,4 %over 1 year

Identity

Source · BCE/KBO

HERTZ BELGIUM is a Private limited company incorporated in 1960. Its main activity is: Architectural and engineering activities and related technical consultancy. Its registered office is in Zaventem. It employs on average 46,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0401.678.879
Incorporation
09/04/1960
Legal form
Private limited company
Registered office
Excelsiorlaan 20
1930 Zaventem · FlandreSee on map
Contributed capital
5 382 629,03 €
Latest accounts
31/12/2025
Average workforce
46,1 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 15 financial years

20252024202320172016
Income statement
Revenue40,9 M €36,2 M €42 M €23,3 M €22 M €
EBITDA7,2 M €97,1 k €10,7 M €9,1 M €7,8 M €
Operating result1,3 M €-7,6 M €1,6 M €4,4 M €3,6 M €
Net result-3 M €-11,9 M €-2,1 M €2,1 M €1,7 M €
Balance sheet
Equity-4,8 M €-1,8 M €10 M €13,7 M €11,5 M €
Total assets71,3 M €68,5 M €83,7 M €51,9 M €49,7 M €
Cash31,5 k €69,8 k €1,2 k €79,7 k €156,2 k €
Debts74,3 M €68,2 M €72 M €37,1 M €36,5 M €
Other
Workforce46,1 ETP46,3 ETP42,4 ETP44,7 ETP46,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Eric Siewers

Director · since 27 juin 2024

Active
Glenn Jacobs

Director · since 01 janvier 2022

Active

Ended mandates

Glenn Jocobs

Director · since 01 janvier 2022

Ended
Rafael Girona

Director · since 15 mai 2020 · until 01 février 2023

Ended
Kevin C. Stout

Manager · since 29 mars 2018

Ended
Arula Nanthan Moodliar

Manager · since 31 août 2016

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202602/07/202527/06/202412/07/202307/09/202218/01/2022
General meeting25/06/202630/06/202526/06/202426/06/202331/08/202222/12/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202525/06/202602/07/2026DutchPDF
Full model31/12/202430/06/202502/07/2025DutchPDF
Full model31/12/202326/06/202427/06/2024DutchPDF
Full model31/12/202226/06/202312/07/2023DutchPDF
Full model31/12/202131/08/202207/09/2022DutchPDF
Full model31/12/202022/12/202118/01/2022DutchPDF
Full model31/12/201919/08/202126/08/2021DutchPDF
Full model31/12/201831/07/201907/08/2019DutchPDF
Full model31/12/201730/06/201817/07/2018DutchPDF
Full model31/12/201626/06/201704/07/2017DutchPDF
Full model31/12/201515/07/201625/07/2016DutchPDF
Full modelCorrection31/12/201425/06/201527/10/2015DutchPDF
Full model31/12/201425/06/201518/08/2015DutchPDF
Full model31/12/201315/08/201410/09/2014DutchPDF
Full model31/12/201225/06/201307/08/2013DutchPDF
Full model31/12/201125/06/201202/07/2012DutchPDF
Full model31/12/201027/06/201128/06/2011DutchPDF
Full model31/12/200925/06/201006/07/2010DutchPDF
Full model31/12/200825/06/200929/06/2009DutchPDF
Full model31/12/200725/06/200810/07/2008DutchPDF
Full model31/12/200625/06/200726/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

Eric Siewers

Director · since 27 juin 2024

Active
Glenn Jacobs

Director · since 01 janvier 2022

Active

Ended mandates

Glenn Jocobs

Director · since 01 janvier 2022

Ended
Rafael Girona

Director · since 15 mai 2020 · until 01 février 2023

Ended
Kevin C. Stout

Manager · since 29 mars 2018

Ended
Arula Nanthan Moodliar

Manager · since 31 août 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates31/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3 M €↑
  2. 30/06/2025
    reconductionFrédéric De Mee — commissaris
  3. 2024
    Annual accounts 2024-11,9 M €↓
  4. 05/12/2024
    nominationFrédéric De Mee — vaste vertegenwoordiger van de commissaris
  5. 27/06/2024
    nominationEric Siewers — bestuurder
  6. 2023
    Annual accounts 2023-2,1 M €↓
  7. 05/09/2022
    reconductionEY Bedrijfsrevisoren BV — commissaris
  8. 2017
    Annual accounts 20172,1 M €↑
  9. 2016
    Annual accounts 20161,7 M €↓
  10. 2015
    Annual accounts 20152,2 M €↑
  11. 2014
    Annual accounts 20141,4 M €↑
  12. 2013
    Annual accounts 2013280,6 k €↑
  13. 2012
    Annual accounts 2012-580,9 k €↓
  14. 2011
    Annual accounts 20111,7 M €↑
  15. 2010
    Annual accounts 20101,1 M €↑
  16. 2009
    Annual accounts 2009828,2 k €↓
  17. 2008
    Annual accounts 20081,3 M €↑
  18. 2007
    Annual accounts 2007-1,5 M €↓
  19. 2006
    Annual accounts 2006-656,1 k €
  20. 09/04/1960
    IncorporationPrivate limited company