ACTIVE

HADEP

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Financial year 2025 · closed on 31/12/2025

Net result

51,5 k €

+82.0% YoY

Revenue

390,2 k €

+4.4% YoY

Equity

838,7 k €

+4.5% YoY

Workforce

27,4 ETP

0.0% YoY

What does HADEP do?

HADEP is a Non-profit organization incorporated in 1968. Its main activity is: Residential care activities for mental retardation, mental health and substance abuse. Its registered office is in Forest. It employs on average 27,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0409.749.675

Incorporation

18/07/1968

Legal form

Non-profit organization

Registered office

Ch de Neerstalle 265
1190 Forest · BruxellesSee on map

Latest accounts

31/12/2025

Average workforce

27,4 ETP

Activities (NACE)

87203Residential care activities for mental retardation, mental health and substance abuse· main 87203Residential care activities for mental retardation, mental health and substance abuse

Joint committees (1)

31902

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 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	390,2 k €	+4.4%	373,7 k €		–		–		–		–		1,7 M €	+1.6%	1,7 M €	+4.7%	1,6 M €	+0.8%	1,6 M €	+3.8%	1,5 M €	-1.7%	1,6 M €	-0.9%	1,6 M €	+7.4%	1,5 M €	+2.6%	1,4 M €	+8.9%	1,3 M €	-2.1%	1,3 M €	+4.5%	1,3 M €
EBITDA	86,5 k €	+17.2%	73,8 k €	+4.7%	70,5 k €	+168%	26,3 k €	-16.3%	31,4 k €	-33.3%	47 k €	-33.9%	71,2 k €	-6.9%	76,4 k €	-5.3%	80,7 k €	+7.5%	75,1 k €	+9.5%	68,6 k €	-19.3%	85 k €	-23.4%	111 k €	+84.9%	60 k €	-27.4%	82,7 k €	+23.1%	67,2 k €	+2.3%	65,6 k €	-7.6%	71 k €
Operating result	52,7 k €	+144%	21,6 k €	-31.2%	31,4 k €	+379%	-11,3 k €	-476%	3 k €	+149%	-6,1 k €	-242%	4,3 k €	-61.5%	11,1 k €	-13.4%	12,8 k €	+99.3%	6,4 k €	+500%	-1,6 k €	-112%	13 k €	-67.5%	39,9 k €	+595%	-8,1 k €	-149%	16,5 k €	+108%	8 k €	+120%	3,6 k €	-49.2%	7,1 k €
Net result	51,5 k €	+82.0%	28,3 k €	-10.1%	31,5 k €	+364%	-11,9 k €	-834%	1,6 k €	+127%	-6,1 k €	+28.4%	-8,6 k €	-177%	11,2 k €	-38.7%	18,2 k €	-78.9%	86,4 k €	+1310%	-7,1 k €	-283%	3,9 k €	+166%	1,5 k €	+47.1%	999 €	-94.0%	16,5 k €	-16.8%	19,9 k €	+4074%	-500 €	-111%	4,4 k €
Balance sheet
Equity	838,7 k €	+4.5%	802,3 k €	+1.6%	789,4 k €	+10.2%	716,4 k €	+52.4%	470,1 k €	+47.4%	318,9 k €	-11.6%	361 k €	-11.0%	405,4 k €	-5.8%	430,2 k €	-4.0%	448,2 k €	-5.1%	472,5 k €	-9.3%	520,9 k €	-6.7%	558,5 k €	-6.7%	598,5 k €	+3.7%	577,4 k €	-3.8%	600 k €	+18.0%	508,3 k €	-6.7%	544,5 k €
Total assets	1,3 M €	+5.0%	1,3 M €	+2.8%	1,2 M €	+18.0%	1 M €	+22.7%	851,7 k €	+24.3%	685,2 k €	+7.9%	635,1 k €	-13.3%	732,2 k €	-9.9%	812,6 k €	-4.8%	853,9 k €	-1.7%	868,8 k €	-4.6%	911 k €	-2.0%	929,6 k €	+0.1%	928,3 k €	-0.8%	935,7 k €	-3.9%	973,6 k €	+2.1%	953,3 k €	-6.8%	1 M €
Cash	364,2 k €	+33.9%	272,1 k €	+20.8%	225,2 k €	+132%	97,2 k €	-66.8%	293,1 k €	+109%	139,9 k €	+108%	67,4 k €	-51.3%	138,4 k €	-30.3%	198,5 k €	-18.8%	244,4 k €	+3.3%	236,6 k €	+10.7%	213,8 k €	+43.7%	148,8 k €	+51.7%	98,1 k €	+143%	40,4 k €	-60.8%	103,1 k €	+47.6%	69,8 k €	+2.3%	68,3 k €
Debts	477,1 k €	+9.5%	435,5 k €	+27.3%	342,2 k €	+28.0%	267,4 k €	-16.5%	320,1 k €	+8.3%	295,6 k €	+43.8%	205,5 k €	-20.1%	257 k €	-11.7%	291 k €	-7.9%	316,1 k €	+2.1%	309,6 k €	-3.2%	319,9 k €	+3.2%	309,8 k €	+13.1%	273,9 k €	-12.1%	311,6 k €	-4.9%	327,7 k €	-18.2%	400,9 k €	-7.8%	434,5 k €
Other
Workforce	27,4 ETP	0.0%	27,4 ETP	0.0%	27,4 ETP	-2.5%	28,1 ETP	+1.4%	27,7 ETP	+1.5%	27,3 ETP	-2.2%	27,9 ETP	+6.1%	26,3 ETP	+0.8%	26,1 ETP	+0.8%	25,9 ETP	+1.2%	25,6 ETP	+4.5%	24,5 ETP	+4.3%	23,5 ETP	-7.1%	25,3 ETP	+9.5%	23,1 ETP	+0.4%	23,0 ETP	-3.4%	23,8 ETP	+3.5%	23,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 32 ended

Active mandates

J. MARKO - REVISEUR D'ENTREPRISES

Auditor · since 25 novembre 2024 · until 30 juin 2027 · 0462.021.787

Represented by Joseph MARKO

Active

Jean-Robert BLANCHEZ

Director · since 22 juin 2023 · until 22 juin 2029

Active

Jean-Luc GUERRA

Director · since 09 juin 2022 · until 09 juin 2028

Active

Guy CANTAERT

Director · since 25 mai 2022 · until 25 mai 2028

Active

Martin BRICHET

Director · since 25 mai 2022 · until 25 mai 2028

Active

Philippe PIGEOLET

Director · since 25 mai 2022 · until 25 mai 2028

Active

Pierre LENOIR

Chairman of the board of directors · since 25 mai 2022 · until 25 mai 2028

Active

Ended mandates

J. MARKO - REVISEUR D'ENTREPRISES

Auditor · since 25 novembre 2024 · until 30 juin 2027 · 0462.021.787

Represented by Joseph MARKO

Ended

Jean-Michel HAEGEMAN

Commissaire (A-02111) · since 12 octobre 2021 · until 12 octobre 2024

Ended

Pierre LENOIR

Chairman of the board of directors · since 22 mai 2017 · until 25 mai 2028

Ended

PIERRE LENOIR

Chairman of the board of directors · since 22 mai 2017 · until 23 mai 2023

Ended

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	01/01/2025	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	16/06/2026	17/06/2025	19/07/2024	05/07/2023	11/07/2022	24/06/2021
General meeting	11/06/2026	05/06/2025	30/05/2024	22/06/2023	09/06/2022	14/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/06/2026	16/06/2026	French	PDF
Abridged model	31/12/2024	05/06/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	30/05/2024	19/07/2024	French	PDF
Abridged model	31/12/2022	22/06/2023	05/07/2023	French	PDF
Abridged model	31/12/2021	09/06/2022	11/07/2022	French	PDF
Abridged model	31/12/2020	14/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	22/06/2020	03/07/2020	French	PDF
Abridged model	31/12/2018	13/06/2019	30/07/2019	French	PDF
Abridged modelCorrection	31/12/2017	29/05/2018	18/07/2019	French	PDF
Abridged model	31/12/2017	29/05/2018	28/06/2018	French	PDF
Abridged modelCorrection	31/12/2016	22/05/2017	19/06/2019	French	PDF
Abridged model	31/12/2016	22/05/2017	27/06/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	07/06/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	08/05/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	24/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	05/07/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	07/07/2011	French	PDF
Abridged model	31/12/2009	22/06/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	11/06/2009	French	PDF
Abridged model	31/12/2007	17/04/2008	29/04/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	05/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 7 active · 32 ended

Active mandates

J. MARKO - REVISEUR D'ENTREPRISES

Auditor · since 25 novembre 2024 · until 30 juin 2027 · 0462.021.787

Represented by Joseph MARKO

Active

Jean-Robert BLANCHEZ

Director · since 22 juin 2023 · until 22 juin 2029

Active

Jean-Luc GUERRA

Director · since 09 juin 2022 · until 09 juin 2028

Active

Guy CANTAERT

Director · since 25 mai 2022 · until 25 mai 2028

Active

Martin BRICHET

Director · since 25 mai 2022 · until 25 mai 2028

Active

Philippe PIGEOLET

Director · since 25 mai 2022 · until 25 mai 2028

Active

Pierre LENOIR

Chairman of the board of directors · since 25 mai 2022 · until 25 mai 2028

Active

Ended mandates

J. MARKO - REVISEUR D'ENTREPRISES

Auditor · since 25 novembre 2024 · until 30 juin 2027 · 0462.021.787

Represented by Joseph MARKO

Ended

Jean-Michel HAEGEMAN

Commissaire (A-02111) · since 12 octobre 2021 · until 12 octobre 2024

Ended

Pierre LENOIR

Chairman of the board of directors · since 22 mai 2017 · until 25 mai 2028

Ended

PIERRE LENOIR

Chairman of the board of directors · since 22 mai 2017 · until 23 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other09/07/2026
—
PDF
Mandates16/12/2024
DEMISSIONS, NOMINATIONS
PDF
Other08/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates11/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates24/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates18/03/2019
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 202551,5 k €↑
2024
Annual accounts 202428,3 k €↓
2023
Annual accounts 202331,5 k €↑
2022
Annual accounts 2022-11,9 k €↓
2021
Annual accounts 20211,6 k €↑
2020
Annual accounts 2020-6,1 k €↑
2019
Annual accounts 2019-8,6 k €↓
2018
Annual accounts 201811,2 k €↓
2017
Annual accounts 201718,2 k €↓
2016
Annual accounts 201686,4 k €↑
2015
Annual accounts 2015-7,1 k €↓
2014
Annual accounts 20143,9 k €↑
2013
Annual accounts 20131,5 k €↑
2012
Annual accounts 2012999 €↓
2011
Annual accounts 201116,5 k €↓
2010
Annual accounts 201019,9 k €↑
2009
Annual accounts 2009-500 €↓
2008
Annual accounts 20084,4 k €
18/07/1968
IncorporationNon-profit organization

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

HADEP

Overview

What does HADEP do?

Trend over 18 financial years

Indicative valuation

Board of directors

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