ACTIVE

HERSTAL GROUP SERVICES

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €-64,6 %over 1 year
Revenue1,4 M €+2,8 %over 1 year
Equity99,8 M €+2,4 %over 1 year
Workforce7,4 ETP-5,1 %over 1 year

Identity

Source · BCE/KBO

HERSTAL GROUP SERVICES is a Public limited company incorporated in 1985. Its main activity is: Activities of head offices. Its registered office is in Herstal. It employs on average 7,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0428.043.380
Incorporation
18/11/1985
Legal form
Public limited company
Registered office
Voie de Liège 33
4040 Herstal · WallonieSee on map
Contributed capital
97 694 839,26 €
Latest accounts
31/12/2025
Average workforce
7,4 ETP
Joint committees (1)
  • 209
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue1,4 M €1,4 M €1,3 M €1,3 M €1,1 M €
EBITDA89,3 k €101,7 k €50,1 k €81,9 k €60,5 k €
Operating result89,3 k €101,7 k €50,1 k €81,9 k €60,5 k €
Net result2,4 M €6,7 M €1,8 M €-23,1 M €2,1 M €
Balance sheet
Equity99,8 M €97,4 M €90,7 M €88,9 M €112 M €
Total assets313,2 M €406,9 M €340,5 M €328,9 M €385,6 M €
Cash224,7 M €227 M €214 M €67,8 M €62,9 M €
Debts211,2 M €306,1 M €243,8 M €238,2 M €273 M €
Other
Workforce7,4 ETP7,8 ETP7,8 ETP7,5 ETP6,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 51 ended

Active mandates

Julien COMPERE

Chairman of the board of directors · since 09 novembre 2023 · until 03 juin 2031

Active
France DELOBBE

Director · since 07 juin 2022 · until 03 juin 2031

Active
Baudouin DE HEPCEE

Director · since 01 décembre 2021 · until 03 juin 2031

Active
Baudouin DE HEPCEE

Managing director · since 01 décembre 2021 · until 03 juin 2031

Active
Julien COMPERE

Director · since 01 décembre 2021 · until 03 juin 2031

Active

Ended mandates

Julien COMPERE

Chairman of the board of directors · since 09 novembre 2023 · until 03 juin 2025

Ended
France DELOBBE

Director · since 07 juin 2022 · until 03 juin 2025

Ended
France DELOBBE

Director · since 07 juin 2022 · until 07 juin 2025

Ended
Baudouin DE HEPCEE

Chairman of the board of directors · since 01 décembre 2021 · until 07 juin 2022

Ended

Other companies at this address

Voie de Liège 33 4040 Herstal
CompanyCBE no.
BROWNING● Active
0465.800.136
FN Browning Group● Active
0444.340.370
FN BROWNING GROUP PILLAR 2● Active
1011.666.547
FN HERSTAL● Active
0441.928.931
FONDATION ARS MECHANICA● Active
0899.807.236
FONDS DE PREPENSION HERSTAL asbl● Active
0889.487.921
Logistic Support For Land Systems● Active
1024.310.201

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202603/07/202527/06/202426/06/202316/06/202223/06/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202622/06/2026FrenchPDF
Full modelCorrection31/12/202403/06/202503/07/2025FrenchPDF
Full model31/12/202403/06/202502/07/2025FrenchPDF
Full model31/12/202304/06/202427/06/2024FrenchPDF
Full model31/12/202206/06/202326/06/2023FrenchPDF
Full model31/12/202107/06/202216/06/2022FrenchPDF
Full model31/12/202001/06/202123/06/2021FrenchPDF
Full model31/12/201909/06/202002/07/2020FrenchPDF
Full model31/12/201804/06/201927/06/2019FrenchPDF
Full model31/12/201705/06/201825/06/2018FrenchPDF
Full model31/12/201606/06/201722/06/2017FrenchPDF
Full model31/12/201507/06/201629/06/2016FrenchPDF
Full model31/12/201402/06/201516/06/2015FrenchPDF
Full model31/12/201303/06/201426/06/2014FrenchPDF
Full model31/12/201204/06/201319/06/2013FrenchPDF
Full model31/12/201105/06/201221/06/2012FrenchPDF
Full model31/12/201007/06/201105/07/2011FrenchPDF
Full model31/12/200901/06/201021/06/2010FrenchPDF
Full model31/12/200802/06/200919/06/2009FrenchPDF
Full model31/12/200703/06/200827/06/2008FrenchPDF
Full model31/12/200605/06/200729/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

5 active · 51 ended

Active mandates

Julien COMPERE

Chairman of the board of directors · since 09 novembre 2023 · until 03 juin 2031

Active
France DELOBBE

Director · since 07 juin 2022 · until 03 juin 2031

Active
Baudouin DE HEPCEE

Director · since 01 décembre 2021 · until 03 juin 2031

Active
Baudouin DE HEPCEE

Managing director · since 01 décembre 2021 · until 03 juin 2031

Active
Julien COMPERE

Director · since 01 décembre 2021 · until 03 juin 2031

Active

Ended mandates

Julien COMPERE

Chairman of the board of directors · since 09 novembre 2023 · until 03 juin 2025

Ended
France DELOBBE

Director · since 07 juin 2022 · until 03 juin 2025

Ended
France DELOBBE

Director · since 07 juin 2022 · until 07 juin 2025

Ended
Baudouin DE HEPCEE

Chairman of the board of directors · since 01 décembre 2021 · until 07 juin 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates26/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/02/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/08/2022
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,4 M €↓
  2. 03/06/2025
    reconductionJulien COMPERE — Administrateur et Président
  3. 03/06/2025
    reconductionBaudouin de HEPCEE — Administrateur délégué
  4. 03/06/2025
    reconductionFrance DELOBBE — Administratrice
  5. 2024
    Annual accounts 20246,7 M €↑
  6. 04/06/2024
    nominationPatrick MORTROUX — Commissaire
  7. 2023
    Annual accounts 20231,8 M €↑
  8. 09/11/2023
    nominationJulien COMPERE — président du conseil
  9. 2022
    Annual accounts 2022-23,1 M €↓
  10. 07/06/2022
    reconductionBaudouin de HEPCÉE — Président du Conseil et Administrateur délégué
  11. 07/06/2022
    reconductionJulien Compere — administrateur
  12. 07/06/2022
    reconductionBaudouin de Hepcée — administrateur
  13. 07/06/2022
    reconductionPhilippe de Bruyne — administrateur
  14. 07/06/2022
    nominationFrance Delobbe — administrateur
  15. 2021
    Annual accounts 20212,1 M €↑
  16. 2020
    Annual accounts 2020-1,9 M €↓
  17. 2019
    Annual accounts 2019-484,5 k €↑
  18. 2018
    Annual accounts 2018-545,1 k €↑
  19. 2017
    Annual accounts 2017-11,2 M €↓
  20. 2016
    Annual accounts 2016-357,9 k €↑
  21. 2015
    Annual accounts 2015-4,5 M €↓
  22. 2014
    Annual accounts 201410,1 M €↑
  23. 2013
    Annual accounts 2013-3,9 M €↓
  24. 2012
    Annual accounts 20124,4 M €↑
  25. 2011
    Annual accounts 20113,1 M €↑
  26. 2010
    Annual accounts 20101,6 M €↓
  27. 2009
    Annual accounts 20093,4 M €
  28. 18/11/1985
    IncorporationPublic limited company