ACTIVE

HOUBEN

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

953,5 k €

-36.7% YoY

Revenue

138,1 M €

+17.5% YoY

Equity

15,9 M €

+1.6% YoY

Workforce

106,9 ETP

+5.2% YoY

What does HOUBEN do?

HOUBEN is a Public limited company incorporated in 1976. Its registered office is in Hasselt. It employs on average 106,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0416.669.933

Incorporation

25/11/1976

Legal form

Public limited company

Registered office

Prins-Bisschopssingel 36 box 5
3500 Hasselt · FlandreSee on map

Contributed capital

2 007 937,55 €

Latest accounts

31/12/2025

Average workforce

106,9 ETP

Joint committees (5)

124
12400
200
20000
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	138,1 M €	+17.5%	117,5 M €	+2.4%	114,7 M €	+18.4%	96,9 M €	+53.0%	63,3 M €	-33.4%	95,1 M €	+3.5%	91,9 M €	+19.9%	76,6 M €	+30.7%	58,6 M €	+14.1%	51,4 M €	-26.6%	70 M €	+12.1%	62,4 M €	+13.0%	55,2 M €	-4.8%	58 M €	+16.9%	49,6 M €	+16.5%	42,6 M €	+20.0%	35,5 M €	+56.2%	22,7 M €	-2.4%	23,3 M €	-6.9%	25 M €
EBITDA	2 M €	+1.0%	1,9 M €	-74.4%	7,6 M €	+115%	3,5 M €	+229%	-2,7 M €	-1381%	-184,2 k €	-114%	1,3 M €	-53.7%	2,8 M €	-7.2%	3 M €	+31.0%	2,3 M €	-37.8%	3,7 M €	-31.6%	5,4 M €	+33.9%	4 M €	-14.2%	4,7 M €	+16.4%	4 M €	+103%	2 M €	+249%	567 k €	-34.6%	866,8 k €	+296%	218,8 k €	+81.9%	120,3 k €
Operating result	1,5 M €	-38.4%	2,4 M €	-66.3%	7 M €	+234%	2,1 M €	+164%	-3,3 M €	-1895%	-165,9 k €	-132%	521,6 k €	-75.9%	2,2 M €	-11.6%	2,4 M €	+20.8%	2 M €	-33.5%	3 M €	-36.5%	4,8 M €	+40.6%	3,4 M €	-20.1%	4,3 M €	+18.6%	3,6 M €	+120%	1,6 M €	+526%	261,5 k €	-53.0%	556,8 k €	+481%	95,9 k €	+238%	28,3 k €
Net result	953,5 k €	-36.7%	1,5 M €	-72.7%	5,5 M €	+173%	2 M €	+161%	-3,3 M €	-1351%	-226 k €	-144%	508,4 k €	-66.8%	1,5 M €	-6.1%	1,6 M €	+14.6%	1,4 M €	-28.1%	2 M €	-45.1%	3,6 M €	+32.4%	2,7 M €	-12.0%	3,1 M €	+25.4%	2,5 M €	+131%	1,1 M €	+646%	143,5 k €	-49.6%	284,8 k €	+725%	34,5 k €	-76.2%	144,8 k €
Balance sheet
Equity	15,9 M €	+1.6%	15,7 M €	+5.1%	14,9 M €	+58.5%	9,4 M €	+27.2%	7,4 M €	-30.7%	10,7 M €	-2.1%	10,9 M €	-7.4%	11,8 M €	+15.0%	10,2 M €	-1.9%	10,4 M €	+6.8%	9,8 M €	+8.7%	9 M €	+17.9%	7,6 M €	+19.2%	6,4 M €	+30.7%	4,9 M €	+24.8%	3,9 M €	+30.7%	3 M €	+5.0%	2,9 M €	+11.1%	2,6 M €	+1.4%	2,5 M €
Total assets	60,2 M €	+3.3%	58,3 M €	+0.4%	58,1 M €	+31.9%	44 M €	+19.2%	36,9 M €	-4.3%	38,6 M €	-18.0%	47,1 M €	+17.5%	40 M €	+8.1%	37 M €	+19.7%	31 M €	-9.5%	34,2 M €	-4.6%	35,8 M €	-2.4%	36,7 M €	+15.3%	31,8 M €	+6.2%	30 M €	+20.9%	24,8 M €	+38.1%	18 M €	+2.9%	17,5 M €	+18.1%	14,8 M €	-2.5%	15,2 M €
Cash	12,5 M €	+22.6%	10,2 M €	+0.7%	10,1 M €	+33.5%	7,6 M €	+51.2%	5 M €	-40.5%	8,4 M €	-11.5%	9,5 M €	+2.9%	9,2 M €	+232%	2,8 M €	+51.6%	1,8 M €	-81.5%	9,9 M €	+6.8%	9,3 M €	+5.2%	8,8 M €	+135%	3,8 M €	-3.8%	3,9 M €	+71.8%	2,3 M €	+52.7%	1,5 M €	+940%	142,9 k €	-80.6%	735,2 k €	-64.4%	2,1 M €
Debts	42,5 M €	+2.8%	41,4 M €	+0.6%	41,1 M €	+25.8%	32,7 M €	+15.3%	28,4 M €	+4.5%	27,1 M €	-22.1%	34,8 M €	+27.6%	27,3 M €	+5.6%	25,8 M €	+31.8%	19,6 M €	-15.5%	23,2 M €	-9.6%	25,7 M €	-10.0%	28,5 M €	+14.2%	25 M €	+0.4%	24,9 M €	+19.5%	20,8 M €	+39.7%	14,9 M €	+4.1%	14,3 M €	+21.2%	11,8 M €	-3.8%	12,3 M €
Other
Workforce	106,9 ETP	+5.2%	101,6 ETP	+2.1%	99,5 ETP	-2.8%	102,4 ETP	+3.0%	99,4 ETP	-4.7%	104,3 ETP	-1.6%	106,0 ETP	+8.8%	97,4 ETP	-1.0%	98,4 ETP	-5.7%	104,3 ETP	+7.0%	97,5 ETP	-0.7%	98,2 ETP	-6.7%	105,3 ETP	+4.6%	100,7 ETP	+1.9%	98,8 ETP	+3.1%	95,8 ETP	+12.6%	85,1 ETP	-4.4%	89,0 ETP	+7.7%	82,6 ETP	-4.3%	86,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 35 ended

Active mandates

BELVI

Managing director · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald Houben

Active

Arizona Holding

Managing director · since 30 juin 2021 · until 18 juin 2027 · 0875.956.322

Represented by Ignace Houben

Active

Colorado Holding

Managing director · since 30 juin 2021 · until 18 juin 2027 · 0875.955.332

Represented by Veronique Houben

Active

Ended mandates

BELVI

Director · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald HOUBEN

Ended

BELVI

Associate · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald HOUBEN

Ended

BELVI

Managing director · since 16 juin 2023 · until 16 juin 2029 · 0425.238.694

Represented by Ewald Houben

Ended

Arizona Holding

Director · since 30 juin 2021 · until 18 juin 2027 · 0875.956.322

Represented by Ignace HOUBEN

Ended

At this address

Other companies at this address

Company	CBE no.
AIRDECK BUILDING CONCEPTS● Active	0847.312.816
ALUGLAS● Active	0447.849.295
Aumann Joseph, Demuynck Koenraad, Pat Karin,Weytjens Karolien en Wynants Jokke fv● Active	0501.691.027
Dokterspraktijk Dr. Pat Karin● Active	0835.212.263
Dokterspraktijk Jokke Wynants● Active	0544.394.583
DOKTERSPRAKTIJK KAROLIEN WEYTJENS● Active	0859.670.220
Dr. Joseph AUMANN● Active	0446.210.886
EROPAK● Active	0438.239.664
GYPROF● Active	0897.227.333
Hartcentrum Hasselt● Active	0463.071.466
H.H.H.● Active	0534.728.336
HOUBEN HOLDING● Active	0673.911.458
Houben - Hooyberghs De Hallen● Active	0801.350.157
Houben - JDN - ABN CRT● Active	1040.118.033
Houben - JDN Jessa● Active	1040.091.408
HOUBEN PROJECTS● Active	0762.833.932
HOUBEN RED● Active	0762.833.833
Houben - Vanderstraeten De Blauwe Hoek● Active	1011.147.596
IMMO H.H.● Active	0810.842.596
LAPH● Active	0899.792.784

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	15/07/2026	09/07/2025	25/07/2024	17/08/2023	18/07/2022	23/07/2021
General meeting	19/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/06/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	25/07/2024	Dutch	PDF
Full modelCorrection	31/12/2022	30/06/2023	17/08/2023	Dutch	PDF
Full model	31/12/2022	30/06/2023	30/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	18/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	08/07/2020	Dutch	PDF
Full model	31/12/2018	21/06/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	12/07/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	06/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	14/07/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	14/07/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	16/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	01/08/2011	Dutch	PDF
Full model	31/12/2009	11/06/2010	12/07/2010	Dutch	PDF
Full model	31/12/2008	12/06/2009	17/07/2009	Dutch	PDF
Full model	31/12/2007	13/06/2008	18/07/2008	Dutch	PDF
Full model	31/12/2006	08/06/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 active · 35 ended

Active mandates

BELVI

Managing director · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald Houben

Active

Arizona Holding

Managing director · since 30 juin 2021 · until 18 juin 2027 · 0875.956.322

Represented by Ignace Houben

Active

Colorado Holding

Managing director · since 30 juin 2021 · until 18 juin 2027 · 0875.955.332

Represented by Veronique Houben

Active

Ended mandates

BELVI

Director · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald HOUBEN

Ended

BELVI

Associate · since 30 juin 2023 · until 15 juin 2029 · 0425.238.694

Represented by Ewald HOUBEN

Ended

BELVI

Managing director · since 16 juin 2023 · until 16 juin 2029 · 0425.238.694

Represented by Ewald Houben

Ended

Arizona Holding

Director · since 30 juin 2021 · until 18 juin 2027 · 0875.956.322

Represented by Ignace HOUBEN

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2020
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 2025953,5 k €↓
2024
Annual accounts 20241,5 M €↓
30/06/2024
reconductionFinvision Bedrijfsrevisoren Hasselt BV — commissaris
2023
Annual accounts 20235,5 M €↑
30/06/2023
reconductionBelvi NV — bestuurder
2022
Annual accounts 20222 M €↑
2021
Annual accounts 2021-3,3 M €↓
2020
Annual accounts 2020-226 k €↓
2019
Annual accounts 2019508,4 k €↓
2018
Annual accounts 20181,5 M €↓
2017
Annual accounts 20171,6 M €↑
2016
Annual accounts 20161,4 M €↓
2015
Annual accounts 20152 M €↓
2014
Annual accounts 20143,6 M €↑
2013
Annual accounts 20132,7 M €↓
2012
Annual accounts 20123,1 M €↑
2011
Annual accounts 20112,5 M €↑
2010
Annual accounts 20101,1 M €↑
2009
Annual accounts 2009143,5 k €↓
2008
Annual accounts 2008284,8 k €↑
2007
Annual accounts 200734,5 k €↓
2006
Annual accounts 2006144,8 k €
25/11/1976
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

HOUBEN

Overview

What does HOUBEN 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