ACTIVE

HINSCHA

Financial year 2025 · closed on 31/12/2025
Net result
522,4 k €
+39.4% YoY
Gross margin
1,6 M €
+8.9% YoY
Equity
3,3 M €
+17.4% YoY
Workforce
8,5 ETP
-6.6% YoY

What does HINSCHA do?

HINSCHA is a Public limited company incorporated in 1968. Its registered office is in Roeselare. It employs on average 8,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.763.695
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Industrieweg 54
8800 Roeselare · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
31/12/2025
Average workforce
8,5 ETP
Joint committees (5)
  • 111
  • 111025
  • 11112
  • 201
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin1,6 M €1,4 M €1,4 M €1,3 M €1 M €805,5 k €749,1 k €753,8 k €635,5 k €782,7 k €581,8 k €596,3 k €456,9 k €179,5 k €341,4 k €323,1 k €175,8 k €388,3 k €440,8 k €378,5 k €
EBITDA947,6 k €695,2 k €616,6 k €685 k €462,6 k €362,6 k €366,7 k €394,3 k €364,9 k €509,2 k €338,3 k €366,5 k €231 k €202,5 k €142,6 k €167,6 k €39,6 k €168,5 k €208,5 k €136,5 k €
Operating result683,1 k €489,3 k €462,7 k €551,2 k €348,9 k €283,2 k €279,9 k €360,8 k €330,3 k €434,8 k €222,8 k €208,2 k €40,6 k €66,8 k €94,4 k €118,7 k €-9,2 k €105 k €142,8 k €63,5 k €
Net result522,4 k €374,7 k €347,7 k €444,3 k €265,4 k €244,7 k €213,3 k €294,8 k €262,6 k €301,9 k €118,7 k €129,7 k €18,6 k €46,6 k €79,7 k €111,6 k €-6,6 k €86,3 k €104,4 k €46 k €
Balance sheet
Equity3,3 M €2,8 M €2,5 M €2,1 M €1,7 M €1,4 M €1,2 M €982,1 k €827,2 k €704,6 k €632,7 k €514 k €484,1 k €465,4 k €1,1 M €1 M €935,6 k €942,2 k €855,9 k €751,5 k €
Total assets5,3 M €4,6 M €3,6 M €2,9 M €2,1 M €1,9 M €1,3 M €1,3 M €1,2 M €1,2 M €1 M €1,2 M €1,3 M €1 M €1,5 M €1,4 M €1,2 M €1,3 M €1,3 M €1,1 M €
Cash162,2 k €358,6 k €197,3 k €303,3 k €253,6 k €146,2 k €96,9 k €240,1 k €371,4 k €470,5 k €120,6 k €285,9 k €102,6 k €64,4 k €395 k €338,2 k €285,9 k €88,4 k €119,9 k €95,1 k €
Debts2 M €1,7 M €1,1 M €704,8 k €401,2 k €422,5 k €122,1 k €280,6 k €351,2 k €486,1 k €413,6 k €678,2 k €770,3 k €541,6 k €172,1 k €135,9 k €100,3 k €156,9 k €270,2 k €230,9 k €
Other
Workforce8,5 ETP9,1 ETP9,5 ETP7,4 ETP6,9 ETP6,6 ETP6,0 ETP6,7 ETP4,6 ETP4,8 ETP4,2 ETP4,0 ETP4,0 ETP4,0 ETP4,5 ETP4,6 ETP4,9 ETP6,4 ETP6,2 ETP5,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 27 ended

Active mandates

MANADIM

Managing director · since 27 avril 2020 · until 27 avril 2032 · 0818.784.027

Represented by Kevin Vanden Berghe

Active

Ended mandates

APT VENTURE

Managing director · since 27 avril 2020 · until 20 décembre 2024 · 0833.392.722

Represented by Tim Vanden Berghe

Ended
APT VENTURE

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0833.392.722

Represented by Vanden BERGHE TIM

Ended
APT VENTURE

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0833.392.722

Represented by Tim Vanden Berghe

Ended
MANADIM

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0818.784.027

Represented by Vanden BERGHE KEVIN

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date08/07/202605/06/202528/08/202430/08/202331/08/202220/07/2021
General meeting30/03/202630/05/202531/05/202426/05/202319/07/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/03/202608/07/2026DutchPDF
Abridged model31/12/202430/05/202505/06/2025DutchPDF
Abridged model31/12/202331/05/202428/08/2024DutchPDF
Abridged model31/12/202226/05/202330/08/2023DutchPDF
Abridged model31/12/202119/07/202231/08/2022DutchPDF
Abridged model31/12/202026/04/202120/07/2021DutchPDF
Abridged model31/12/201927/04/202030/06/2020DutchPDF
Abridged model31/12/201829/04/201912/07/2019DutchPDF
Abridged model31/12/201730/04/201802/07/2018DutchPDF
Abridged model31/12/201624/04/201714/07/2017DutchPDF
Abridged model31/12/201525/04/201622/07/2016DutchPDF
Abridged model31/12/201427/04/201519/08/2015DutchPDF
Abridged model31/12/201328/04/201412/05/2014DutchPDF
Abridged model31/12/201229/04/201319/07/2013DutchPDF
Abridged model31/12/201115/03/201231/07/2012DutchPDF
Abridged model31/12/201026/04/201128/06/2011DutchPDF
Abridged model31/12/200926/04/201031/05/2010DutchPDF
Abridged model31/12/200827/04/200923/06/2009DutchPDF
Abridged model31/12/200728/04/200830/05/2008DutchPDF
Abridged model31/12/200628/04/200724/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2025 · 1 active · 27 ended

Active mandates

MANADIM

Managing director · since 27 avril 2020 · until 27 avril 2032 · 0818.784.027

Represented by Kevin Vanden Berghe

Active

Ended mandates

APT VENTURE

Managing director · since 27 avril 2020 · until 20 décembre 2024 · 0833.392.722

Represented by Tim Vanden Berghe

Ended
APT VENTURE

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0833.392.722

Represented by Vanden BERGHE TIM

Ended
APT VENTURE

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0833.392.722

Represented by Tim Vanden Berghe

Ended
MANADIM

Managing director · since 27 avril 2020 · until 27 avril 2026 · 0818.784.027

Represented by Vanden BERGHE KEVIN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates15/06/2026
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING
    PDF
  • Mandates15/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/12/2009
    BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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

Timeline

  1. 2025
    Annual accounts 2025522,4 k €
  2. 2024
    Annual accounts 2024374,7 k €
  3. 2023
    Annual accounts 2023347,7 k €
  4. 2022
    Annual accounts 2022444,3 k €
  5. 2021
    Annual accounts 2021265,4 k €
  6. 2020
    Annual accounts 2020244,7 k €
  7. 2019
    Annual accounts 2019213,3 k €
  8. 2018
    Annual accounts 2018294,8 k €
  9. 2017
    Annual accounts 2017262,6 k €
  10. 2016
    Annual accounts 2016301,9 k €
  11. 2015
    Annual accounts 2015118,7 k €
  12. 2014
    Annual accounts 2014129,7 k €
  13. 2013
    Annual accounts 201318,6 k €
  14. 2012
    Annual accounts 201246,6 k €
  15. 2011
    Annual accounts 201179,7 k €
  16. 2010
    Annual accounts 2010111,6 k €
  17. 2009
    Annual accounts 2009-6,6 k €
  18. 2009
    Name changeHinscha
  19. 2008
    Annual accounts 200886,3 k €
  20. 2007
    Annual accounts 2007104,4 k €
  21. 2006
    Annual accounts 200646 k €
  22. 2006
    Name changeGEO VANDEN BERGHE
  23. 01/01/1968
    IncorporationPublic limited company