ACTIVE

DHR PROJECTS

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Financial year 2025 · Closed on 31/12/2025

Net result-59,5 k €+56,3 %over 1 year

Gross margin-84,6 k €+47,6 %over 1 year

Equity2,4 M €-2,4 %over 1 year

Workforce0,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

DHR PROJECTS is a Public limited company incorporated in 1980. Its main activity is: Development of building projects. Its registered office is in Knokke-Heist. It employs on average 0,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0420.734.332
Incorporation: 04/06/1980
Legal form: Public limited company
Registered office: Kalfstraat 43
8300 Knokke-Heist · FlandreSee on map
Contributed capital: 574 368,06 €
Latest accounts: 31/12/2025
Average workforce: 0,5 ETP

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices

Joint committees (3)

100
20000
218

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-84,6 k €	+47.6%	-161,2 k €	-243%	112,5 k €	-93.4%	1,7 M €	+184%	597,6 k €
EBITDA	-110,8 k €	+40.4%	-186 k €	-493%	-31,3 k €	-102%	1,4 M €	+205%	454,4 k €
Operating result	-126,1 k €	+33.1%	-188,6 k €	-458%	-33,8 k €	-102%	1,4 M €	+207%	449,7 k €
Net result	-59,5 k €	+56.3%	-136 k €	-1201%	12,3 k €	-99.2%	1,5 M €	+311%	360,4 k €
Balance sheet
Equity	2,4 M €	-2.4%	2,5 M €	-5.2%	2,6 M €	+0.5%	2,6 M €	+113%	1,2 M €
Total assets	2,5 M €	-1.8%	2,5 M €	-5.5%	2,6 M €	-4.1%	2,8 M €	-65.8%	8,1 M €
Cash	743,7 k €	-18.3%	910,7 k €	+476%	158,2 k €	-91.9%	2 M €	-37.8%	3,2 M €
Debts	35,7 k €	+77.2%	20,1 k €	-31.6%	29,4 k €	-81.0%	154,8 k €	-97.7%	6,8 M €
Other
Workforce	0,5 ETP	0.0%	0,5 ETP	-64.3%	1,4 ETP	-6.7%	1,5 ETP	0.0%	1,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IMMO HILL0427.066.749Represented by David HILLEWAERE	Managing director23/12/2019 → 13/06/2028Director14/06/2016 → 2023 accountsended
Nathalie Vanden Eynde	Managing director01/10/2012 → 13/06/2028Director10/10/2022 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David Hillewaere	Managing director08/06/2010 → 2019 accounts
Nelly Debosschere	Director08/06/2010 → 14/06/2016

Other companies at this address

Kalfstraat 43 8300 Knokke-Heist

Company	CBE no.
DHR-Latérale● Active	0895.223.787
DHR-Ten Bosch● Active	0893.575.381
HAAGWINDE● Active	0466.731.435
IMMO HILL● Active	0427.066.749
Investeringsmaatschappij van Knokke● Active	0432.322.367
VERABOUW● Active	0431.209.837

Full financial information

Source · NBB

	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	23/03/2026	07/03/2025	03/04/2024	05/05/2023	25/05/2022	20/05/2021
General meeting	11/03/2026	28/02/2025	18/03/2024	20/04/2023	12/05/2022	04/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/03/2026	23/03/2026	Dutch	PDF
Abridged model	31/12/2024	28/02/2025	07/03/2025	Dutch	PDF
Abridged model	31/12/2023	18/03/2024	03/04/2024	Dutch	PDF
Abridged model	31/12/2022	20/04/2023	05/05/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	25/05/2022	Dutch	PDF
Abridged model	31/12/2020	04/05/2021	20/05/2021	Dutch	PDF
Abridged model	31/12/2019	26/05/2020	10/06/2020	Dutch	PDF
Abridged model	31/12/2018	02/05/2019	13/05/2019	Dutch	PDF
Abridged model	31/12/2017	27/04/2018	07/05/2018	Dutch	PDF
Abridged model	31/12/2016	30/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	06/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IMMO HILL0427.066.749Represented by David HILLEWAERE	Managing director23/12/2019 → 13/06/2028Director14/06/2016 → 2023 accountsended
Nathalie Vanden Eynde	Managing director01/10/2012 → 13/06/2028Director10/10/2022 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David Hillewaere	Managing director08/06/2010 → 2019 accounts
Nelly Debosschere	Director08/06/2010 → 14/06/2016

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/01/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/11/2011
BENAMING - KAPITAAL - AANDELEN
PDF
Mandates02/12/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/08/2009
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

IMMO HILL

Nathalie Vanden Eynde

David Hillewaere

Roland Hillewaere

Nelly Debosschere

1980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

DHR PROJECTS

Kalfstraat 43, 8300 Knokke-Heist

Managing directorDirector

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kalfstraat 43, 8300 Knokke-HeistCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00059566

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DHR PROJECTSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00059566

Events

2025
Annual accounts 2025-59,5 k €↑
2024
Annual accounts 2024-136 k €↓
2023
Annual accounts 202312,3 k €↓
2022
Annual accounts 20221,5 M €↑
2021
Annual accounts 2021360,4 k €↑
2012
Annual accounts 2012-462,5 k €↓
2011
Annual accounts 2011-95,1 k €↓
2010
Annual accounts 201012,3 k €↑
2009
Annual accounts 2009-4,1 k €↓
2008
Annual accounts 200893,8 k €↑
2006
Annual accounts 2006-268,1 k €
04/06/1980
IncorporationPublic limited company

DHR PROJECTS

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events