ACTIVE

HEMIFAR

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Financial year 2025 · closed on 31/12/2025

Net result

42,4 k €

-5.3% YoY

Gross margin

315,4 k €

+11.0% YoY

Equity

107,9 k €

+64.8% YoY

Workforce

2,2 ETP

+4.8% YoY

What does HEMIFAR do?

HEMIFAR is a Private limited company incorporated in 1980. Its registered office is in Hemiksem. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.142.524

Incorporation

17/12/1980

Legal form

Private limited company

Registered office

Assestraat 1
2620 Hemiksem · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Joint committees (2)

313
31300

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	315,4 k €	+11.0%	284,1 k €	+39.0%	204,4 k €	-14.2%	238,2 k €	+14.5%	208,1 k €	+19.1%	174,6 k €	-17.0%	210,3 k €	-0.4%	211,2 k €	-10.2%	235,1 k €	-0.8%	237 k €	+14.3%	207,3 k €	-0.2%	207,7 k €	-0.8%	209,3 k €	-1.2%	211,8 k €	+22.5%	172,8 k €	-0.9%	174,4 k €	+0.0%	174,4 k €	-11.5%	197 k €	+16.8%	168,6 k €
EBITDA	110,5 k €	-18.8%	136 k €	+41.1%	96,4 k €	-4.2%	100,6 k €	-8.4%	109,8 k €	+22.7%	89,5 k €	-41.1%	151,8 k €	+6.7%	142,4 k €	-2.5%	146,1 k €	+17.0%	124,8 k €	+23.3%	101,3 k €	-18.2%	123,8 k €	+19.9%	103,2 k €	-7.0%	110,9 k €	+43.9%	77,1 k €	-32.3%	113,9 k €	+29.7%	87,8 k €	-22.1%	112,7 k €	+15.9%	97,3 k €
Operating result	65,7 k €	+2.8%	63,9 k €	+217%	20,1 k €	-53.6%	43,4 k €	-43.9%	77,4 k €	+71.4%	45,2 k €	-59.1%	110,4 k €	+15.6%	95,5 k €	-8.1%	104 k €	+16.2%	89,5 k €	+22.2%	73,2 k €	-0.5%	73,6 k €	+34.9%	54,6 k €	-10.2%	60,8 k €	+196%	20,5 k €	-63.4%	56 k €	+76.2%	31,8 k €	-41.1%	53,9 k €	+38.3%	39 k €
Net result	42,4 k €	-5.3%	44,8 k €	+446%	8,2 k €	-73.9%	31,4 k €	-51.6%	64,9 k €	+69.2%	38,3 k €	-61.9%	100,6 k €	+67.1%	60,2 k €	-7.2%	64,9 k €	+17.0%	55,4 k €	+22.1%	45,4 k €	-20.7%	57,3 k €	+84.0%	31,1 k €	-10.3%	34,7 k €	+300%	8,7 k €	-73.5%	32,8 k €	+110%	15,7 k €	-50.2%	31,5 k €	+6.9%	29,5 k €
Balance sheet
Equity	107,9 k €	+64.8%	65,5 k €	+43.3%	45,7 k €	+21.9%	37,5 k €	-1.9%	38,2 k €	-2.8%	39,3 k €	+2.2%	38,5 k €	-85.5%	265,9 k €	+29.3%	205,7 k €	+46.1%	140,8 k €	-22.2%	180,9 k €	+33.5%	135,4 k €	-24.0%	178,2 k €	+21.2%	147 k €	+0.5%	146,3 k €	+6.3%	137,6 k €	+31.4%	104,7 k €	+17.6%	89,1 k €	+54.7%	57,6 k €
Total assets	724,5 k €	+0.4%	721,5 k €	+0.1%	721 k €	-13.4%	832,5 k €	+35.2%	615,8 k €	+22.7%	502 k €	-12.5%	573,7 k €	-7.0%	616,9 k €	+12.1%	550 k €	-3.6%	570,7 k €	+6.4%	536,3 k €	-0.3%	538,1 k €	+11.9%	480,9 k €	-14.1%	559,8 k €	+8.3%	517 k €	-7.6%	559,7 k €	-3.8%	582 k €	-14.8%	682,9 k €	+3.4%	660,5 k €
Cash	74,1 k €	-26.5%	100,7 k €	+226%	30,9 k €	-65.9%	90,5 k €	-28.2%	126,1 k €	+164%	47,7 k €	-50.0%	95,6 k €	+23.0%	77,7 k €	+30.9%	59,4 k €	-48.1%	114,3 k €	-30.8%	165,2 k €	+31.6%	125,5 k €	+9.8%	114,3 k €	-22.9%	148,3 k €	+75.0%	84,8 k €	+1.8%	83,3 k €	+207%	27,1 k €	-83.8%	167,8 k €	+82.8%	91,8 k €
Debts	613,2 k €	-6.5%	656 k €	-2.9%	675,3 k €	-15.0%	794,3 k €	+38.0%	575,7 k €	+25.5%	458,8 k €	-14.2%	534,7 k €	+52.5%	350,5 k €	+2.2%	343,1 k €	-19.9%	428,6 k €	+21.7%	352,2 k €	-12.4%	402 k €	+33.9%	300,3 k €	-27.2%	412,3 k €	+11.4%	370,2 k €	-12.2%	421,8 k €	-11.6%	477,3 k €	-19.6%	593,8 k €	-1.5%	603 k €
Other
Workforce	2,2 ETP	+4.8%	2,1 ETP	-19.2%	2,6 ETP	-7.1%	2,8 ETP	+12.0%	2,5 ETP	+38.9%	1,8 ETP	+20.0%	1,5 ETP	0.0%	1,5 ETP	-11.8%	1,7 ETP	-5.6%	1,8 ETP	+12.5%	1,6 ETP	+6.7%	1,5 ETP	-11.8%	1,7 ETP	+13.3%	1,5 ETP	0.0%	1,5 ETP	-6.3%	1,6 ETP	-15.8%	1,9 ETP	-20.8%	2,4 ETP	+20.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Koen Pieters

Director · since 02 août 2022

Active

P.V.S.

Director · since 02 août 2022 · 0451.643.579

Represented by Veronique Van Steen

Active

Ended mandates

P.V.S.

Director · since 02 août 2022 · 0451.643.579

Represented by Veronique Van Steen

Ended

KOENRAAD PIETERS

Manager · since 05 juillet 2010

Ended

Koen Pieters

Director · since 30 juin 2010

Ended

P.V.S.

Director · since 05 septembre 2005 · 0451.643.579

Represented by Véronique Van Steen

Ended

At this address

Other companies at this address

Company	CBE no.
P.V.S.● Active	0451.643.579

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	31/07/2026	17/04/2025	25/07/2024	31/07/2023	29/07/2022	30/08/2021
General meeting	30/06/2026	03/04/2025	20/06/2024	11/07/2023	30/06/2022	21/06/2021
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
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	03/04/2025	17/04/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	25/07/2024	Dutch	PDF
Abridged model	31/12/2022	11/07/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	27/08/2020	02/09/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	20/06/2018	14/09/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/07/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	13/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	21/06/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	23/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/06/2007	13/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 13 ended

Active mandates

Koen Pieters

Director · since 02 août 2022

Active

P.V.S.

Director · since 02 août 2022 · 0451.643.579

Represented by Veronique Van Steen

Active

Ended mandates

P.V.S.

Director · since 02 août 2022 · 0451.643.579

Represented by Veronique Van Steen

Ended

KOENRAAD PIETERS

Manager · since 05 juillet 2010

Ended

Koen Pieters

Director · since 30 juin 2010

Ended

P.V.S.

Director · since 05 septembre 2005 · 0451.643.579

Represented by Véronique Van Steen

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202542,4 k €↓
2024
Annual accounts 202444,8 k €↑
2023
Annual accounts 20238,2 k €↓
2022
Annual accounts 202231,4 k €↓
2021
Annual accounts 202164,9 k €↑
2019
Annual accounts 201938,3 k €↓
2018
Annual accounts 2018100,6 k €↑
2017
Annual accounts 201760,2 k €↓
2016
Annual accounts 201664,9 k €↑
2015
Annual accounts 201555,4 k €↑
2014
Annual accounts 201445,4 k €↓
2013
Annual accounts 201357,3 k €↑
2012
Annual accounts 201231,1 k €↓
2011
Annual accounts 201134,7 k €↑
2010
Annual accounts 20108,7 k €↓
2009
Annual accounts 200932,8 k €↑
2008
Annual accounts 200815,7 k €↓
2007
Annual accounts 200731,5 k €↑
2006
Annual accounts 200629,5 k €
17/12/1980
IncorporationPrivate 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

HEMIFAR

Overview

What does HEMIFAR 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