ACTIVE

Harbo

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Financial year 2024 · closed on 31/12/2024

Net result

417,5 k €

+21.7% YoY

Gross margin

529,5 k €

+29.3% YoY

Equity

8,5 M €

+5.2% YoY

What does Harbo do?

Harbo is a Private company with limited liability incorporated in 1977. Its main activity is: Development of building projects. Its registered office is in Harelbeke.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.195.110

Incorporation

30/12/1977

Legal form

Private company with limited liability

Registered office

Gentsesteenweg 71
8530 Harelbeke · FlandreSee on map

Contributed capital

5 147 738,92 €

Latest accounts

31/12/2024

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	529,5 k €	+29.3%	409,4 k €	-45.5%	751,4 k €	-0.1%	751,9 k €	+0.4%	748,9 k €	+122%	337,4 k €	-20.5%	424,4 k €	-30.8%	613,2 k €	+14.9%	533,6 k €	+208%	173,3 k €	-13.7%	200,9 k €	-74.6%	791,5 k €	+159%	305,7 k €	-25.3%	409,5 k €	+58.6%	258,2 k €	+189%	-288,9 k €	-153%	545,8 k €	+1410%	-41,7 k €	-222%	-13 k €
EBITDA	528 k €	+29.7%	407,2 k €	+2.4%	397,8 k €	+9.5%	363,3 k €	-5.2%	383 k €	+4495%	8,3 k €	-66.4%	24,8 k €	-24.0%	32,7 k €	-83.4%	197,1 k €	+690%	25 k €	-83.2%	148,3 k €	-79.2%	713,9 k €	+207%	232,6 k €	-21.7%	297,1 k €	+41.6%	209,7 k €	+168%	-309,1 k €	-162%	497,2 k €	+1150%	-47,4 k €	-208%	-15,4 k €
Operating result	527,6 k €	+29.7%	406,7 k €	+2.4%	397,3 k €	+9.5%	362,8 k €	-5.2%	382,6 k €	+4756%	7,9 k €	-67.7%	24,4 k €	-24.4%	32,2 k €	-83.6%	196,6 k €	+712%	24,2 k €	-83.6%	147,4 k €	-79.3%	712,5 k €	+232%	214,5 k €	-20.2%	269 k €	+47.1%	182,9 k €	+155%	-333,4 k €	-170%	473,5 k €	+971%	-54,4 k €	-185%	-19,1 k €
Net result	417,5 k €	+21.7%	343 k €	+4.1%	329,4 k €	+11.5%	295,5 k €	-2.4%	302,9 k €	+949%	28,9 k €	-36.4%	45,4 k €	-50.4%	91,5 k €	-58.2%	218,7 k €	+9450%	2,3 k €	-98.6%	167,3 k €	-76.7%	718,7 k €	+219%	225,2 k €	+1.9%	221,1 k €	+60.1%	138,1 k €	+134%	-403,6 k €	-202%	394,3 k €	+474%	-105,4 k €	-202%	-34,9 k €
Balance sheet
Equity	8,5 M €	+5.2%	8,1 M €	+4.4%	7,8 M €	+4.4%	7,4 M €	+4.1%	7,1 M €	+4.4%	6,8 M €	+0.4%	6,8 M €	+0.7%	6,8 M €	+1.4%	6,7 M €	+3.4%	6,4 M €	+0.0%	6,4 M €	+2.7%	6,3 M €	+12.9%	5,6 M €	+4.2%	5,3 M €	+4.3%	5,1 M €	+2.8%	5 M €	-7.5%	5,4 M €	+7.9%	5 M €	+117209%	4,2 k €
Total assets	11,1 M €	+24.4%	8,9 M €	+2.6%	8,7 M €	-4.3%	9,1 M €	-10.5%	10,2 M €	-9.5%	11,2 M €	+16.7%	9,6 M €	+2.5%	9,4 M €	+0.9%	9,3 M €	+5.8%	8,8 M €	+4.6%	8,4 M €	+4.1%	8,1 M €	+9.4%	7,4 M €	-40.8%	12,5 M €	+9.5%	11,4 M €	+30.9%	8,7 M €	+5.1%	8,3 M €	+29.5%	6,4 M €	+454%	1,2 M €
Cash	1,6 M €	-39.7%	2,6 M €	+48.2%	1,8 M €	+82.9%	966,9 k €	+71.3%	564,3 k €	+253%	159,9 k €	-85.3%	1,1 M €	-40.0%	1,8 M €	+120%	827,6 k €	+386%	170,2 k €	-88.0%	1,4 M €	-4.3%	1,5 M €	-7.3%	1,6 M €	-14.1%	1,9 M €	+97.7%	938,3 k €	+0.1%	937 k €	-9.9%	1 M €	+2279%	43,7 k €	-82.6%	251,7 k €
Debts	2,6 M €	+211%	840 k €	-11.9%	953,1 k €	-42.9%	1,7 M €	-44.9%	3 M €	-31.0%	4,4 M €	+56.1%	2,8 M €	+7.3%	2,6 M €	-0.4%	2,6 M €	+12.4%	2,3 M €	+19.8%	2 M €	+9.1%	1,8 M €	-1.3%	1,8 M €	-74.5%	7,1 M €	+13.8%	6,3 M €	+68.7%	3,7 M €	+28.5%	2,9 M €	+107%	1,4 M €	+21.8%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

STEEBEL

Director · 0434.784.187

Represented by Paul Steeland

Active

Ended mandates

STEEBEL

Manager · since 25 septembre 2018 · 0434.784.187

Represented by Paul Steeland

Ended

Hubert Steeland

Manager · since 17 décembre 2007 · until 29 février 2016

Ended

Hubert Steeland

Manager · since 17 décembre 2007

Ended

Paul Steeland

Manager · since 17 décembre 2007 · until 25 septembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
Adelahof● Active	0831.376.805

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	27/08/2024	30/08/2023	30/09/2022	31/12/2021	25/11/2020
General meeting	06/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	24/11/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	06/06/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	27/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/12/2021	Dutch	PDF
Abridged model	31/12/2019	24/11/2020	25/11/2020	Dutch	PDF
Abridged model	31/12/2018	28/09/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	25/09/2018	26/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/10/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	28/10/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	29/10/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	14/11/2007	14/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 1 active · 7 ended

Active mandates

STEEBEL

Director · 0434.784.187

Represented by Paul Steeland

Active

Ended mandates

STEEBEL

Manager · since 25 septembre 2018 · 0434.784.187

Represented by Paul Steeland

Ended

Hubert Steeland

Manager · since 17 décembre 2007 · until 29 février 2016

Ended

Hubert Steeland

Manager · since 17 décembre 2007

Ended

Paul Steeland

Manager · since 17 décembre 2007 · until 25 septembre 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2008
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates06/07/2005
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/06/2005
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

2024
Annual accounts 2024417,5 k €↑
2023
Annual accounts 2023343 k €↑
2022
Annual accounts 2022329,4 k €↑
2021
Annual accounts 2021295,5 k €↓
2020
Annual accounts 2020302,9 k €↑
2019
Annual accounts 201928,9 k €↓
2018
Annual accounts 201845,4 k €↓
2017
Annual accounts 201791,5 k €↓
2016
Annual accounts 2016218,7 k €↑
2015
Annual accounts 20152,3 k €↓
2014
Annual accounts 2014167,3 k €↓
2013
Annual accounts 2013718,7 k €↑
2012
Annual accounts 2012225,2 k €↑
2011
Annual accounts 2011221,1 k €↑
2010
Annual accounts 2010138,1 k €↑
2009
Annual accounts 2009-403,6 k €↓
2008
Annual accounts 2008394,3 k €↑
2007
Annual accounts 2007-105,4 k €↓
2006
Annual accounts 2006-34,9 k €
30/12/1977
IncorporationPrivate company with limited liability

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

Harbo

Overview

What does Harbo do?

Trend over 19 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