ACTIVE

Hubo België

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Financial year 2025 · closed on 31/12/2025

Net result

19,6 M €

+0.5% YoY

Revenue

449,4 M €

-1.4% YoY

Equity

143,5 M €

+4.1% YoY

Workforce

227,7 ETP

+4.7% YoY

What does Hubo België do?

Hubo België is a Public limited company incorporated in 1972. Its registered office is in Wommelgem. It employs on average 227,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0411.982.457

Incorporation

27/01/1972

Legal form

Public limited company

Registered office

Koralenhoeve 35
2160 Wommelgem · FlandreSee on map

Contributed capital

2 330 199,15 €

Latest accounts

31/12/2025

Average workforce

227,7 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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	449,4 M €	-1.4%	455,7 M €	-3.0%	469,8 M €	-0.8%	473,8 M €	-7.9%	514,4 M €	+5.7%	486,7 M €	+21.0%	402,2 M €	+4.7%	384,2 M €	+2.0%	376,5 M €	+1.6%	370,5 M €	+6.2%	349,0 M €	+2.4%	340,9 M €	+5.6%	322,8 M €	-1.3%	327,2 M €	+2.9%	318,1 M €	+10.2%	288,6 M €	+9.7%	263,0 M €	+12.9%	232,9 M €	+14.5%	203,4 M €	+9.9%	185,1 M €
EBITDA	24,4 M €	-5.7%	25,9 M €	-5.4%	27,4 M €	+3.7%	26,4 M €	-31.9%	38,9 M €	+25.3%	31,0 M €	+36.5%	22,7 M €	-0.4%	22,8 M €	-2.6%	23,4 M €	+25.3%	18,7 M €	+8.6%	17,2 M €	+3.2%	16,7 M €	-1.2%	16,9 M €	-1.1%	17,1 M €	+26.0%	13,5 M €	+15.1%	11,8 M €	+48.1%	7,9 M €	+4.1%	7,6 M €	+53.1%	5,0 M €	-16.1%	5,9 M €
Operating result	21,7 M €	-4.7%	22,8 M €	-12.3%	26,0 M €	+30.7%	19,9 M €	-45.0%	36,2 M €	+29.5%	28,0 M €	+37.7%	20,3 M €	+8.0%	18,8 M €	+4.8%	17,9 M €	+114%	8,4 M €	-1.0%	8,5 M €	+1.3%	8,4 M €	-41.1%	14,2 M €	-9.0%	15,6 M €	+22.5%	12,7 M €	+16.4%	10,9 M €	+64.2%	6,7 M €	-8.1%	7,2 M €	+54.9%	4,7 M €	-18.4%	5,7 M €
Net result	19,6 M €	+0.5%	19,5 M €	-24.8%	26,0 M €	+14.4%	22,7 M €	-64.3%	63,5 M €	+38.1%	46,0 M €	+160%	17,7 M €	-34.2%	26,9 M €	-8.5%	29,4 M €	+68.4%	17,4 M €	+127%	7,7 M €	-35.2%	11,9 M €	+1899%	593,2 k €	-96.2%	15,5 M €	+29.6%	12,0 M €	-40.8%	20,2 M €	+419%	3,9 M €	-29.5%	5,5 M €	+74.5%	3,2 M €	-7.7%	3,4 M €
Balance sheet
Equity	143,5 M €	+4.1%	137,8 M €	+5.0%	131,3 M €	+0.7%	130,4 M €	-0.9%	131,6 M €	-4.7%	138,1 M €	+19.6%	115,5 M €	+18.1%	97,8 M €	+20.1%	81,4 M €	+19.1%	68,4 M €	+11.8%	61,1 M €	-5.1%	64,4 M €	+11.9%	57,6 M €	+1.0%	57,0 M €	+37.4%	41,5 M €	+8.5%	38,2 M €	+26.3%	30,3 M €	+14.8%	26,4 M €	+26.5%	20,9 M €	+17.9%	17,7 M €
Total assets	331,5 M €	+4.8%	316,2 M €	-0.4%	317,3 M €	+2.2%	310,4 M €	+4.2%	297,8 M €	+7.7%	276,6 M €	-2.3%	283,0 M €	+17.7%	240,3 M €	-6.8%	258,0 M €	+18.4%	217,9 M €	-1.9%	222,1 M €	+3.6%	214,4 M €	+1.8%	210,6 M €	+5.1%	200,4 M €	+23.9%	161,8 M €	+8.6%	149,0 M €	+24.9%	119,3 M €	+24.5%	95,9 M €	+18.5%	80,9 M €	+10.5%	73,2 M €
Cash	775,2 k €	+166%	291,6 k €	-58.6%	704,4 k €	-44.8%	1,3 M €	+64.7%	774,1 k €	+7.6%	719,6 k €	+49.0%	482,8 k €	-9.1%	531,2 k €	+123%	238,5 k €	-68.3%	751,4 k €	+274%	200,9 k €	-57.8%	476,3 k €	+35.8%	350,9 k €	-76.5%	1,5 M €	+585%	218,0 k €	-92.8%	3,0 M €	+409%	593,2 k €	-31.4%	865,3 k €	-1.3%	876,5 k €	+107%	423,3 k €
Debts	174,9 M €	+5.8%	165,3 M €	-4.1%	172,3 M €	+1.5%	169,8 M €	+10.4%	153,7 M €	+20.3%	127,8 M €	-19.3%	158,4 M €	+19.0%	133,2 M €	-20.5%	167,5 M €	+17.9%	142,0 M €	-7.5%	153,5 M €	+7.9%	142,3 M €	-2.2%	145,5 M €	+6.4%	136,7 M €	+20.2%	113,8 M €	+7.9%	105,5 M €	+24.8%	84,5 M €	+29.4%	65,3 M €	+16.7%	55,9 M €	+6.1%	52,7 M €
Other
Workforce	227,7 ETP	+4.7%	217,5 ETP	-3.1%	224,4 ETP	+0.5%	223,3 ETP	+3.1%	216,6 ETP	+4.5%	207,2 ETP	+5.7%	196,1 ETP	-0.1%	196,3 ETP	-8.1%	213,6 ETP	+3.1%	207,2 ETP	+2.7%	201,8 ETP	+5.0%	192,1 ETP	+2.5%	187,4 ETP	+13.4%	165,3 ETP	+10.4%	149,7 ETP	+12.8%	132,7 ETP	+11.2%	119,3 ETP	+8.1%	110,4 ETP	+10.5%	99,9 ETP	+15.5%	86,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

C.M.F. Liekens

Managing director · since 30 juin 2023 · until 15 mai 2029

Active

E.A.M. Van Osta

Managing director · since 30 juin 2023 · until 15 mai 2029

Active

Ended mandates

A.E.M. Van Osta

Managing director · since 30 juin 2023 · until 15 mai 2029

Ended

A.E.M. Van Osta

Managing director · since 30 juin 2017 · until 15 mai 2023

Ended

A.E.M. Van Osta

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

C.M.F. Liekens

Managing director · since 30 juin 2017 · until 15 mai 2023

Ended

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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	23/07/2026	11/07/2025	01/07/2024	05/07/2023	12/08/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	28/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	11/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	05/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	12/08/2022	Dutch	PDF
Full model	31/12/2020	28/06/2021	29/07/2021	Dutch	PDF
Full model	31/12/2019	10/07/2020	29/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	22/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	26/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	11/07/2014	Dutch	PDF
Full model	31/12/2012	29/06/2013	08/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	17/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	14/07/2011	Dutch	PDF
Full model	31/12/2009	29/06/2010	13/07/2010	Dutch	PDF
Full model	31/12/2008	29/06/2009	06/07/2009	Dutch	PDF
Full model	31/12/2007	29/06/2008	31/07/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 2 active · 28 ended

Active mandates

C.M.F. Liekens

Managing director · since 30 juin 2023 · until 15 mai 2029

Active

E.A.M. Van Osta

Managing director · since 30 juin 2023 · until 15 mai 2029

Active

Ended mandates

A.E.M. Van Osta

Managing director · since 30 juin 2023 · until 15 mai 2029

Ended

A.E.M. Van Osta

Managing director · since 30 juin 2017 · until 15 mai 2023

Ended

A.E.M. Van Osta

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

C.M.F. Liekens

Managing director · since 30 juin 2017 · until 15 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/09/2011
ONTSLAGEN - BENOEMINGEN
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 202519,6 M €↑
2024
Annual accounts 202419,5 M €↓
2023
Annual accounts 202326,0 M €↑
30/06/2023
reconductionErwin A.M. VAN OSTA — bestuurder
30/06/2023
reconductionCarl M.F. LIEKENS — bestuurder en gedelegeerd bestuurder
30/06/2023
reconductionEmst & Young Bedrijfsrevisoren BV — commissaris
2022
Annual accounts 202222,7 M €↓
2021
Annual accounts 202163,5 M €↑
2020
Annual accounts 202046,0 M €↑
2019
Annual accounts 201917,7 M €↓
2018
Annual accounts 201826,9 M €↓
2017
Annual accounts 201729,4 M €↑
2016
Annual accounts 201617,4 M €↑
2015
Annual accounts 20157,7 M €↓
2014
Annual accounts 201411,9 M €↑
2013
Annual accounts 2013593,2 k €↓
2012
Annual accounts 201215,5 M €↑
2011
Annual accounts 201112,0 M €↓
2010
Annual accounts 201020,2 M €↑
2009
Annual accounts 20093,9 M €↓
2008
Annual accounts 20085,5 M €↑
2007
Annual accounts 20073,2 M €↓
2006
Annual accounts 20063,4 M €
27/01/1972
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

Hubo België

Overview

What does Hubo België 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