ACTIVE

EDITIONS HEMMA

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Financial year 2025 · closed on 31/12/2025

Net result

589 k €

+375.9% YoY

Revenue

12,4 M €

+9.9% YoY

Equity

-6,4 M €

+8.5% YoY

Workforce

18,0 ETP

-2.7% YoY

What does EDITIONS HEMMA do?

EDITIONS HEMMA is a Public limited company incorporated in 1968. Its registered office is in Liège. It employs on average 18,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.957.290

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Boulevard d'Avroy 49
4000 Liège · WallonieSee on map

Contributed capital

2 073 700,00 €

Latest accounts

31/12/2025

Average workforce

18,0 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	12,4 M €	+9.9%	11,3 M €	+4.6%	10,8 M €	+7.2%	10,1 M €	-2.6%	10,3 M €	+11.7%	9,2 M €	+2.4%	9 M €	+20.6%	7,5 M €	-10.4%	8,4 M €	-8.3%	9,1 M €	-19.3%	11,3 M €	+22.5%	9,2 M €	+5.2%	8,8 M €	-15.4%	10,3 M €	-4.8%	10,9 M €	-22.2%	14 M €	-0.8%	14,1 M €	+8.4%	13 M €	-0.2%	13 M €	+4.0%	12,5 M €
EBITDA	2,1 M €	+23.8%	1,7 M €	+89.4%	877,7 k €	-41.5%	1,5 M €	-6.9%	1,6 M €	+21.5%	1,3 M €	+569%	-283 k €	-159%	481,4 k €	+89.8%	253,6 k €	-76.8%	1,1 M €	-5.9%	1,2 M €	+225%	357,9 k €	+27.4%	280,8 k €	+127%	123,6 k €	+118%	-684,6 k €	-145%	1,5 M €	-7.6%	1,7 M €	+1239%	123,6 k €	-89.8%	1,2 M €	+462%	215,8 k €
Operating result	1,2 M €	+128%	505,3 k €	+268%	-300 k €	-148%	618,8 k €	+0.0%	618,6 k €	-17.4%	749,3 k €	+134%	-2,2 M €	-375%	-459,2 k €	+43.6%	-814,3 k €	-2348%	36,2 k €	-87.9%	299,9 k €	+144%	-685 k €	+11.2%	-771,3 k €	-23.3%	-625,6 k €	+53.1%	-1,3 M €	-10049%	-13,1 k €	-109%	143,8 k €	+110%	-1,4 M €	-684%	-175,2 k €	+83.2%	-1 M €
Net result	589 k €	+376%	-213,5 k €	+71.0%	-737,3 k €	-255%	475,9 k €	-7.7%	515,7 k €	-20.1%	645,7 k €	+127%	-2,4 M €	-264%	-645,9 k €	+33.7%	-973,7 k €	-649%	-130,1 k €	-8.0%	-120,4 k €	+92.8%	-1,7 M €	-56.4%	-1,1 M €	-44.3%	-737,5 k €	-438%	218,4 k €	+197%	-224,6 k €	-113%	1,7 M €	+188%	-1,9 M €	-272%	-513,5 k €	+61.2%	-1,3 M €
Balance sheet
Equity	-6,4 M €	+8.5%	-6,9 M €	-3.2%	-6,7 M €	-12.3%	-6 M €	+7.4%	-6,5 M €	+7.4%	-7 M €	+8.5%	-7,6 M €	-44.6%	-5,3 M €	-13.9%	-4,6 M €	-26.6%	-3,7 M €	-3.7%	-3,5 M €	-3.5%	-3,4 M €	-95.5%	-1,7 M €	-157%	-677,7 k €	-1233%	59,8 k €	+138%	-158,6 k €	-341%	65,9 k €	+104%	-1,6 M €	-666%	286,5 k €	-64.2%	799,9 k €
Total assets	8,4 M €	+15.7%	7,2 M €	+9.1%	6,6 M €	-15.3%	7,8 M €	+4.4%	7,5 M €	+7.0%	7 M €	+3.7%	6,8 M €	+3.6%	6,5 M €	-13.1%	7,5 M €	-8.2%	8,2 M €	-18.4%	10 M €	+7.7%	9,3 M €	-4.6%	9,8 M €	-5.1%	10,3 M €	-11.7%	11,7 M €	-18.0%	14,2 M €	+3.7%	13,7 M €	+8.3%	12,7 M €	-10.4%	14,1 M €	+8.7%	13 M €
Cash	6,6 k €	-69.4%	21,8 k €	-55.8%	49,3 k €	-25.8%	66,4 k €	-24.5%	88 k €	+37.5%	64 k €	-76.2%	269 k €	+287%	69,4 k €	-8.5%	75,9 k €	-33.7%	114,5 k €	+63.5%	70 k €	-76.2%	293,5 k €	+415%	57 k €	-57.4%	133,8 k €	+239%	39,5 k €	-34.9%	60,7 k €	-78.1%	277,8 k €	+339%	63,3 k €	-57.1%	147,6 k €	-52.3%	309,4 k €
Debts	13,5 M €	+4.6%	12,9 M €	+6.0%	12,2 M €	-4.2%	12,7 M €	+1.3%	12,5 M €	-0.1%	12,6 M €	+2.6%	12,2 M €	+11.0%	11 M €	-1.6%	11,2 M €	+4.4%	10,7 M €	-12.4%	12,2 M €	+8.0%	11,3 M €	+8.3%	10,5 M €	+5.2%	10 M €	-6.0%	10,6 M €	-18.3%	13 M €	+4.1%	12,4 M €	-5.2%	13,1 M €	+1.6%	12,9 M €	+12.8%	11,5 M €
Other
Workforce	18,0 ETP	-2.7%	18,5 ETP	-0.5%	18,6 ETP	-3.1%	19,2 ETP	-2.0%	19,6 ETP	+0.5%	19,5 ETP	+4.3%	18,7 ETP	+2.2%	18,3 ETP	-5.2%	19,3 ETP	-6.8%	20,7 ETP	-5.5%	21,9 ETP	-8.4%	23,9 ETP	+0.8%	23,7 ETP	+4.9%	22,6 ETP	-9.6%	25,0 ETP	-2.0%	25,5 ETP	+0.8%	25,3 ETP	-6.6%	27,1 ETP	-2.5%	27,8 ETP	+2.2%	27,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 63 ended

Active mandates

FERNAND NATHAN - FERNAND NATHAN & CIE

Director · since 08 mars 2024

Represented by Marianne DURAND

Active

Marie-Christine CONCHON

Chairman of the board of directors · since 28 février 2024

Active

SOGEDIF

Director · since 15 novembre 2023

Represented by Catherine LUCET

Active

EDITIS HOLDING

Director · since 25 avril 2023

Represented by Juliane CHARBOIS

Active

Ended mandates

Vincent BARBARE

Chairman of the board of directors · since 26 avril 2023 · until 29 février 2024

Ended

EDITIS HOLDING

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Michèle BENBUNAN

Ended

FERNAND NATHAN - FERNAND NATHAN & CIE

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Michèle BENBUNAN

Ended

SOGEDIF

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Laurent MAIROT

Ended

At this address

Other companies at this address

Company	CBE no.
Association des Copropriétaires Résidence Montreuil à Liège Boulevard d'Avroy 49● Active	0850.139.177

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/05/2026	20/05/2025	04/07/2024	10/05/2023	29/03/2023	27/05/2021
General meeting	29/04/2026	30/04/2025	05/06/2024	26/04/2023	27/04/2022	28/04/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/04/2026	12/05/2026	French	PDF
Full model	31/12/2024	30/04/2025	20/05/2025	French	PDF
Full model	31/12/2023	05/06/2024	04/07/2024	French	PDF
Full model	31/12/2022	26/04/2023	10/05/2023	French	PDF
Full modelCorrection	31/12/2021	27/04/2022	29/03/2023	French	PDF
Full model	31/12/2021	27/04/2022	25/05/2022	French	PDF
Full model	31/12/2020	28/04/2021	27/05/2021	French	PDF
Full model	31/12/2019	29/04/2020	26/05/2020	French	PDF
Full model	31/12/2018	24/04/2019	17/05/2019	French	PDF
Full model	31/12/2017	25/04/2018	17/05/2018	French	PDF
Full model	31/12/2016	26/04/2017	29/06/2017	French	PDF
Full model	31/12/2015	27/04/2016	30/08/2016	French	PDF
Full model	31/12/2014	29/04/2015	27/08/2015	French	PDF
Full model	31/12/2013	30/04/2014	01/09/2014	French	PDF
Full model	31/12/2012	25/06/2013	29/08/2013	French	PDF
Full model	31/12/2011	18/05/2012	23/08/2012	French	PDF
Full model	31/12/2010	27/04/2011	02/08/2011	French	PDF
Full model	31/12/2009	28/04/2010	18/06/2010	French	PDF
Full model	31/12/2008	30/06/2009	17/07/2009	French	PDF
Full model	31/12/2007	16/05/2008	05/09/2008	French	PDF
Full model	31/12/2006	18/05/2007	07/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 63 ended

Active mandates

FERNAND NATHAN - FERNAND NATHAN & CIE

Director · since 08 mars 2024

Represented by Marianne DURAND

Active

Marie-Christine CONCHON

Chairman of the board of directors · since 28 février 2024

Active

SOGEDIF

Director · since 15 novembre 2023

Represented by Catherine LUCET

Active

EDITIS HOLDING

Director · since 25 avril 2023

Represented by Juliane CHARBOIS

Active

Ended mandates

Vincent BARBARE

Chairman of the board of directors · since 26 avril 2023 · until 29 février 2024

Ended

EDITIS HOLDING

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Michèle BENBUNAN

Ended

FERNAND NATHAN - FERNAND NATHAN & CIE

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Michèle BENBUNAN

Ended

SOGEDIF

Director · since 28 avril 2022 · until 27 avril 2023

Represented by Laurent MAIROT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates18/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates18/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2024
DEMISSIONS, NOMINATIONS
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 2025589 k €↑
2024
Annual accounts 2024-213,5 k €↑
2023
Annual accounts 2023-737,3 k €↓
2022
Annual accounts 2022475,9 k €↓
2021
Annual accounts 2021515,7 k €↓
2020
Annual accounts 2020645,7 k €↑
2019
Annual accounts 2019-2,4 M €↓
2018
Annual accounts 2018-645,9 k €↑
2017
Annual accounts 2017-973,7 k €↓
2016
Annual accounts 2016-130,1 k €↓
2015
Annual accounts 2015-120,4 k €↑
2014
Annual accounts 2014-1,7 M €↓
2013
Annual accounts 2013-1,1 M €↓
2012
Annual accounts 2012-737,5 k €↓
2011
Annual accounts 2011218,4 k €↑
2010
Annual accounts 2010-224,6 k €↓
2009
Annual accounts 20091,7 M €↑
2008
Annual accounts 2008-1,9 M €↓
2007
Annual accounts 2007-513,5 k €↑
2006
Annual accounts 2006-1,3 M €
01/01/1968
IncorporationPublic 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

EDITIONS HEMMA

Overview

What does EDITIONS HEMMA do?

Trend over 20 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