ACTIVE

HUBLET

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Financial year 2025 · closed on 31/12/2025

Net result

320,7 k €

+324.1% YoY

Gross margin

1,1 M €

+37.7% YoY

Equity

3,5 M €

+0.4% YoY

Workforce

6,6 ETP

0.0% YoY

What does HUBLET do?

HUBLET is a Public limited company incorporated in 1971. Its registered office is in Gembloux. It employs on average 6,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0411.643.551

Incorporation

15/12/1971

Legal form

Public limited company

Registered office

Rue des Praules, Sauv. 1
5030 Gembloux · WallonieSee on map

Contributed capital

186 000,00 €

Latest accounts

31/12/2025

Average workforce

6,6 ETP

Joint committees (3)

12503
200
218

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	1,1 M €	+37.7%	804,4 k €	-25.4%	1,1 M €	-46.5%	2 M €	+17.9%	1,7 M €	+66.2%	1 M €	-6.7%	1,1 M €	+6.7%	1 M €	-5.6%	1,1 M €	-3.8%	1,1 M €	+23.3%	923,4 k €	-0.1%	924,6 k €	+17.5%	786,9 k €	+4.3%	754,5 k €	-22.2%	969,6 k €	+11.7%	868,3 k €	+9.8%	791 k €	-34.2%	1,2 M €	-1.1%	1,2 M €	+23.8%	982,8 k €
EBITDA	700,4 k €	+74.2%	402 k €	-33.6%	605,5 k €	-61.8%	1,6 M €	+22.7%	1,3 M €	+94.0%	665,6 k €	-12.3%	759,3 k €	+8.4%	700,4 k €	-8.9%	768,6 k €	+4.4%	736 k €	+18.3%	622,1 k €	+2.9%	604,4 k €	+27.6%	473,6 k €	+2.7%	460,9 k €	-30.4%	662,4 k €	+26.7%	522,9 k €	+45.6%	359,2 k €	-51.7%	744,3 k €	-4.5%	779,4 k €	+29.8%	600,6 k €
Operating result	444,7 k €	+240%	130,8 k €	-51.5%	269,6 k €	-80.1%	1,4 M €	+24.7%	1,1 M €	+130%	471,6 k €	-19.2%	583,6 k €	+14.6%	509,5 k €	-12.5%	582,3 k €	-5.1%	613,8 k €	+34.7%	455,5 k €	+6.4%	428 k €	+25.4%	341,2 k €	+32.1%	258,3 k €	-46.9%	486 k €	+50.2%	323,6 k €	+104%	159 k €	-69.1%	514,8 k €	-13.8%	597,1 k €	+32.0%	452,2 k €
Net result	320,7 k €	+324%	75,6 k €	-58.4%	181,7 k €	-82.9%	1,1 M €	+30.6%	814,5 k €	+133%	349,8 k €	-13.3%	403,5 k €	+15.1%	350,6 k €	-4.1%	365,7 k €	-6.1%	389,7 k €	+32.7%	293,6 k €	+5.9%	277,3 k €	+32.5%	209,3 k €	+36.0%	153,8 k €	-48.2%	297,1 k €	+62.2%	183,2 k €	-9.4%	202,1 k €	-13.9%	234,8 k €	-19.6%	292,1 k €	+22.8%	237,9 k €
Balance sheet
Equity	3,5 M €	+0.4%	3,5 M €	-3.3%	3,6 M €	+7.3%	3,4 M €	+20.0%	2,8 M €	+15.2%	2,5 M €	+3.5%	2,4 M €	+6.3%	2,2 M €	+4.7%	2,1 M €	+5.4%	2 M €	+7.1%	1,9 M €	+2.0%	1,8 M €	+3.4%	1,8 M €	+3.6%	1,7 M €	+0.2%	1,7 M €	+7.3%	1,6 M €	+2.9%	1,6 M €	+15.6%	1,3 M €	+3.9%	1,3 M €	+11.6%	1,2 M €
Total assets	5,8 M €	-5.5%	6,1 M €	-4.7%	6,4 M €	+3.3%	6,2 M €	+27.9%	4,8 M €	+6.5%	4,6 M €	-1.0%	4,6 M €	-6.0%	4,9 M €	+4.8%	4,7 M €	+8.6%	4,3 M €	+6.7%	4 M €	+0.1%	4 M €	+4.0%	3,9 M €	-4.0%	4 M €	-11.8%	4,6 M €	+3.4%	4,4 M €	+5.3%	4,2 M €	-15.8%	5 M €	-2.6%	5,1 M €	+20.3%	4,3 M €
Cash	294,4 k €	+51.9%	193,8 k €	+0.6%	192,6 k €	-65.4%	557,3 k €	+121%	252,7 k €	-36.1%	395,6 k €	+101%	197 k €	-25.7%	265,1 k €	+147%	107,2 k €	-42.8%	187,4 k €	+8.7%	172,4 k €	+14.7%	150,3 k €	-7.8%	163,1 k €	+173%	59,8 k €	-39.1%	98,1 k €	+170%	36,3 k €	-2.8%	37,4 k €	+154%	14,7 k €	-87.2%	115,1 k €	+2229%	4,9 k €
Debts	2,2 M €	-13.4%	2,6 M €	-6.7%	2,8 M €	-1.6%	2,8 M €	+38.8%	2 M €	-3.8%	2,1 M €	-5.7%	2,2 M €	-16.1%	2,7 M €	+5.1%	2,5 M €	+11.7%	2,3 M €	+6.9%	2,1 M €	-1.3%	2,1 M €	+4.8%	2 M €	-9.5%	2,3 M €	-19.1%	2,8 M €	+1.5%	2,8 M €	+7.4%	2,6 M €	-29.3%	3,6 M €	-4.8%	3,8 M €	+23.7%	3,1 M €
Other
Workforce	6,6 ETP	0.0%	6,6 ETP	-12.0%	7,5 ETP	-1.3%	7,6 ETP	-3.8%	7,9 ETP	+3.9%	7,6 ETP	+8.6%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	0.0%	7,0 ETP	+11.1%	6,3 ETP	-7.4%	6,8 ETP	-2.9%	7,0 ETP	0.0%	7,0 ETP	-12.5%	8,0 ETP	-7.0%	8,6 ETP	-14.0%	10,0 ETP	-13.8%	11,6 ETP	+2.7%	11,3 ETP	+4.6%	10,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 7 active · 33 ended

Active mandates

Chantal HUBLET

Director · since 21 mai 2022 · until 15 mai 2027

Active

Vinciane HUBLET

Director · since 21 mai 2022 · until 15 mai 2027

Active

SMILE OAK

Managing director · since 24 septembre 2021 · until 15 mai 2027 · 0817.312.397

Represented by Jean-François HUBLET

Active

Bernard HUBLET

Director · since 16 mai 2021 · until 15 mai 2027

Active

Thérèse CARDYN

Director · since 16 mai 2021 · until 15 mai 2027

Active

Thierry HUBLET

Director · since 16 mai 2021 · until 15 mai 2027

Active

Francis HUBLET

Managing director · since 15 mai 2021 · until 15 mai 2027

Active

Ended mandates

SMILE OAK

Managing director · since 24 septembre 2021 · until 15 mai 2027 · 0817.312.397

Represented by Jean-François HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · until 15 mai 2021 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · until 15 mai 2021 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

At this address

Other companies at this address

Company	CBE no.
SMILE OAK● Active	0817.312.397

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	28/05/2026	22/05/2025	21/06/2024	04/06/2023	20/06/2022	22/06/2021
General meeting	16/05/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/05/2026	28/05/2026	French	PDF
Abridged model	31/12/2024	17/05/2025	22/05/2025	French	PDF
Abridged model	31/12/2023	18/05/2024	21/06/2024	French	PDF
Abridged model	31/12/2022	20/05/2023	04/06/2023	French	PDF
Abridged model	31/12/2021	21/05/2022	20/06/2022	French	PDF
Abridged model	31/12/2020	15/05/2021	22/06/2021	French	PDF
Abridged model	31/12/2019	30/05/2020	15/06/2020	French	PDF
Abridged model	31/12/2018	18/05/2019	14/06/2019	French	PDF
Abridged model	31/12/2017	19/05/2018	15/06/2018	French	PDF
Abridged model	31/12/2016	20/05/2017	29/05/2017	French	PDF
Abridged model	31/12/2015	21/05/2016	30/05/2016	French	PDF
Abridged model	31/12/2014	16/05/2015	27/05/2015	French	PDF
Abridged model	31/12/2013	17/05/2014	13/06/2014	French	PDF
Abridged model	31/12/2012	18/05/2013	14/06/2013	French	PDF
Abridged model	31/12/2011	19/05/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	21/05/2011	10/06/2011	French	PDF
Abridged model	31/12/2009	15/05/2010	18/06/2010	French	PDF
Abridged model	31/12/2008	16/05/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	17/05/2008	16/06/2008	French	PDF
Abridged model	31/12/2006	19/05/2007	13/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 7 active · 33 ended

Active mandates

Chantal HUBLET

Director · since 21 mai 2022 · until 15 mai 2027

Active

Vinciane HUBLET

Director · since 21 mai 2022 · until 15 mai 2027

Active

SMILE OAK

Managing director · since 24 septembre 2021 · until 15 mai 2027 · 0817.312.397

Represented by Jean-François HUBLET

Active

Bernard HUBLET

Director · since 16 mai 2021 · until 15 mai 2027

Active

Thérèse CARDYN

Director · since 16 mai 2021 · until 15 mai 2027

Active

Thierry HUBLET

Director · since 16 mai 2021 · until 15 mai 2027

Active

Francis HUBLET

Managing director · since 15 mai 2021 · until 15 mai 2027

Active

Ended mandates

SMILE OAK

Managing director · since 24 septembre 2021 · until 15 mai 2027 · 0817.312.397

Represented by Jean-François HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · until 15 mai 2021 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

SMILE OAK

Managing director · since 24 septembre 2015 · until 15 mai 2021 · 0817.312.397

Represented by JEAN-FRANCOIS HUBLET

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/11/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates24/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/02/2016
DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/06/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates22/07/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates23/10/2009
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 2025320,7 k €↑
2024
Annual accounts 202475,6 k €↓
2023
Annual accounts 2023181,7 k €↓
2022
Annual accounts 20221,1 M €↑
2022
Name changeHUBLET MAXIME
2021
Annual accounts 2021814,5 k €↑
2021
Name changeHUBLET
2020
Annual accounts 2020349,8 k €↓
2019
Annual accounts 2019403,5 k €↑
2018
Annual accounts 2018350,6 k €↓
2017
Annual accounts 2017365,7 k €↓
2016
Annual accounts 2016389,7 k €↑
2015
Annual accounts 2015293,6 k €↑
2014
Annual accounts 2014277,3 k €↑
2013
Annual accounts 2013209,3 k €↑
2012
Annual accounts 2012153,8 k €↓
2011
Annual accounts 2011297,1 k €↑
2010
Annual accounts 2010183,2 k €↓
2009
Annual accounts 2009202,1 k €↓
2008
Annual accounts 2008234,8 k €↓
2007
Annual accounts 2007292,1 k €↑
2006
Annual accounts 2006237,9 k €
15/12/1971
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

HUBLET

Overview

What does HUBLET 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