ACTIVE

HYE N.V.

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Financial year 2025 · Closed on 30/09/2025

Net result1,3 M €-42,0 %over 1 year
Revenue40,9 M €-34,4 %over 1 year
Equity9,3 M €+16,6 %over 1 year
Workforce112,4 ETP-6,6 %over 1 year

Identity

Source · BCE/KBO

HYE N.V. is a Public limited company incorporated in 1968. Its main activity is: Construction of water projects. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 112,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.646.287
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Krijgsbaan 372
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
3 479 966,50 €
Latest accounts
30/09/2025
Average workforce
112,4 ETP
Joint committees (5)
  • 124
  • 12400
  • 200
  • 20000
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue40,9 M €62,4 M €41,2 M €43,5 M €33,6 M €
EBITDA1,7 M €2,6 M €2,3 M €644,3 k €658,5 k €
Operating result2 M €3,3 M €3 M €1 M €724,9 k €
Net result1,3 M €2,3 M €2,1 M €687,8 k €492,9 k €
Balance sheet
Equity9,3 M €8 M €6,7 M €5,9 M €5,9 M €
Total assets38,9 M €46 M €49,2 M €37,2 M €28,2 M €
Cash2,7 M €5,5 M €5,9 M €4,5 M €3,4 M €
Debts29,5 M €37,7 M €42,5 M €31,3 M €22,2 M €
Other
Workforce112,4 ETP120,3 ETP114,2 ETP112,4 ETP118,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 24 ended

Active mandates

D2D INVEST

Managing director · since 28 mars 2025 · until 28 mars 2031 · 0887.748.057

Represented by Kurt Vernimmen

Active
H2O Invest

Director · since 28 mars 2025 · until 28 mars 2031 · 0722.545.377

Represented by Kris Van den Houte

Active
MAJO INVEST

Director · since 28 mars 2025 · until 28 mars 2031 · 0819.610.210

Represented by Joris Van de Water

Active
STRUCTOMASSS

Director · since 28 mars 2025 · until 28 mars 2031 · 0824.968.370

Represented by Tom T'Joens

Active

Ended mandates

D2D INVEST

Managing director · since 28 mars 2019 · until 28 mars 2025 · 0887.748.057

Represented by Kurt VERNIMMEN

Ended
D2D INVEST

Managing director · since 28 mars 2019 · until 28 mars 2025 · 0887.748.057

Represented by Kurt VERNIMMEN

Ended
D2D INVEST

Managing director · since 28 mars 2019 · until 31 mars 2025 · 0887.748.057

Represented by Kurt Vernimmen

Ended
H2O Invest

Director · since 28 mars 2019 · until 28 mars 2025 · 0722.545.377

Represented by Kris VAN DEN HOUTE

Ended

Other companies at this address

Krijgsbaan 372 2070 Beveren-Kruibeke-Zwijndrecht
CompanyCBE no.
4 PROJECTS● Active
0878.613.726
ADEQUATE SPECIAL SOIL TREATMENT● Active
0881.353.579
ARGEX● Active
0461.525.208
BREMCON● Active
0459.343.302
Cross ID● Active
0684.810.102
H2O Invest● Active
0722.545.377
Jupstel Invest● Active
1003.562.889
MAATSCHAP HYE NV - HERBOSCH-KIERE NV● Active
0728.682.509
MKMK events● Active
0542.678.277
Polderscross● Active
0640.944.821
Rapencross● Active
0644.611.817
STERHOEK● Active
0461.532.136
Sterhoek Deposit Solutions● Active
0735.575.645
TM Hye-Aelterman - Fietsbrug Godsheide● Active
0739.607.479
TM Hye - Aertssen● Active
0768.260.883
TM Hye - Aertssen (Boudewijnkanaal)● Active
0781.809.904
TM Hye-Aertssen Fort Liefkeshoek● Active
0768.992.838
TM Hye-Demako-Oil-DeRoeck● Active
0767.593.068
TM Hye-Equans - Binnendijle Mechelen. Bouw fiets- en voetgangersrug Keerdok● Active
1034.458.379
TM Hye-Fabricom (droogdok)● Active
0784.664.870

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/04/202609/04/202512/04/202421/04/202319/04/202219/04/2021
General meeting27/03/202628/03/202529/03/202431/03/202325/03/202226/03/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202527/03/202622/04/2026DutchPDF
Full model30/09/202428/03/202509/04/2025DutchPDF
Full model30/09/202329/03/202412/04/2024DutchPDF
Full model30/09/202231/03/202321/04/2023DutchPDF
Full model30/09/202125/03/202219/04/2022DutchPDF
Full model30/09/202026/03/202119/04/2021DutchPDF
Full model30/09/201927/03/202022/04/2020DutchPDF
Full model30/09/201829/03/201926/04/2019DutchPDF
Full model30/09/201730/03/201830/03/2018DutchPDF
Full model30/09/201631/03/201718/04/2017DutchPDF
Full model30/09/201525/03/201604/04/2016DutchPDF
Full model30/09/201427/03/201501/04/2015DutchPDF
Full model30/09/201325/03/201418/04/2014DutchPDF
Full model30/09/201229/03/201325/04/2013DutchPDF
Full model30/09/201130/03/201211/04/2012DutchPDF
Full model30/09/201025/03/201130/03/2011DutchPDF
Full model30/09/200926/03/201023/04/2010DutchPDF
Full model30/09/200827/03/200927/04/2009DutchPDF
Full model30/09/200728/03/200823/04/2008DutchPDF
Full model30/09/200630/03/200727/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 24 ended

Active mandates

D2D INVEST

Managing director · since 28 mars 2025 · until 28 mars 2031 · 0887.748.057

Represented by Kurt Vernimmen

Active
H2O Invest

Director · since 28 mars 2025 · until 28 mars 2031 · 0722.545.377

Represented by Kris Van den Houte

Active
MAJO INVEST

Director · since 28 mars 2025 · until 28 mars 2031 · 0819.610.210

Represented by Joris Van de Water

Active
STRUCTOMASSS

Director · since 28 mars 2025 · until 28 mars 2031 · 0824.968.370

Represented by Tom T'Joens

Active

Ended mandates

D2D INVEST

Managing director · since 28 mars 2019 · until 28 mars 2025 · 0887.748.057

Represented by Kurt VERNIMMEN

Ended
D2D INVEST

Managing director · since 28 mars 2019 · until 28 mars 2025 · 0887.748.057

Represented by Kurt VERNIMMEN

Ended
D2D INVEST

Managing director · since 28 mars 2019 · until 31 mars 2025 · 0887.748.057

Represented by Kurt Vernimmen

Ended
H2O Invest

Director · since 28 mars 2019 · until 28 mars 2025 · 0722.545.377

Represented by Kris VAN DEN HOUTE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/06/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring01/08/2023
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring17/04/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates31/10/2022
    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. 27/03/2026
    nominationBV VYVEY EN CO BEDRIJFSREVISOREN — commissaris
  2. 27/03/2026
    nominationEvy Neyens — vertegenwoordiger van de commissaris
  3. 2025
    Annual accounts 20251,3 M €↓
  4. 28/03/2025
    reconductionKurt Vernimmen — bestuurder
  5. 28/03/2025
    reconductionKris Van den Houte — bestuurder
  6. 28/03/2025
    reconductionJoris Van de Water — bestuurder
  7. 28/03/2025
    reconductionTom T'Joens — bestuurder
  8. 2024
    Annual accounts 20242,3 M €↑
  9. 2023
    Annual accounts 20232,1 M €↑
  10. 31/03/2023
    nominationEvy Neyens — commissaris
  11. 2022
    Annual accounts 2022687,8 k €↑
  12. 2021
    Annual accounts 2021492,9 k €↑
  13. 2018
    Annual accounts 201840,7 k €↓
  14. 2017
    Annual accounts 2017283,8 k €↑
  15. 2015
    Annual accounts 2015-383,7 k €↓
  16. 2011
    Annual accounts 20111,1 M €↑
  17. 2010
    Annual accounts 2010722,1 k €↑
  18. 2009
    Annual accounts 2009498,7 k €↑
  19. 2008
    Annual accounts 2008100,7 k €
  20. 01/01/1968
    IncorporationPublic limited company