ACTIVE

HOLLAERT

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Financial year 2025 · closed on 31/12/2025

Net result

52,3 k €

+42.2% YoY

Gross margin

321,1 k €

+14.5% YoY

Equity

413,2 k €

+12.9% YoY

Workforce

3,0 ETP

0.0% YoY

What does HOLLAERT do?

HOLLAERT is a Public limited company incorporated in 1985. Its registered office is in La Louvière. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.250.446

Incorporation

23/12/1985

Legal form

Public limited company

Registered office

Rue des Sapeurs-pompiers(PAU) 14
7100 La Louvière · WallonieSee on map

Contributed capital

172 000,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Joint committees (4)

14904
200
201
218

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ 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
Gross margin	321,1 k €	+14.5%	280,4 k €	+3.1%	272 k €	-6.9%	292,3 k €	+4.1%	280,6 k €	+5.5%	266,1 k €	+46.3%	181,9 k €	-2.4%	186,4 k €	-9.5%	206 k €	+41.2%	146 k €	-22.1%	187,3 k €	+4.1%	179,9 k €	+27.7%	140,9 k €	-1.2%	142,7 k €	+10.7%	128,9 k €	+1.8%	126,6 k €	+6.9%	118,4 k €	+3.9%	114 k €	-17.6%	138,3 k €	+11.8%	123,7 k €
EBITDA	128,1 k €	+43.6%	89,2 k €	+4.6%	85,3 k €	-28.1%	118,6 k €	+5.9%	112 k €	-23.9%	147,1 k €	+37.8%	106,8 k €	-0.8%	107,7 k €	-14.3%	125,7 k €	+52.3%	82,5 k €	-1.9%	84,2 k €	-20.4%	105,8 k €	+16.3%	91 k €	+19.2%	76,3 k €	-7.7%	82,7 k €	+194%	28,1 k €	-28.7%	39,4 k €	-35.5%	61,2 k €	-18.1%	74,7 k €	+32.7%	56,3 k €
Operating result	76,8 k €	+83.7%	41,8 k €	-17.4%	50,6 k €	-40.0%	84,4 k €	+19.7%	70,5 k €	-16.2%	84,1 k €	+41.1%	59,6 k €	+23.1%	48,5 k €	-46.3%	90,2 k €	+91.7%	47,1 k €	-3.7%	48,8 k €	-19.4%	60,6 k €	+3.3%	58,7 k €	+16.0%	50,6 k €	-30.0%	72,2 k €	+218%	22,7 k €	-22.3%	29,2 k €	-42.1%	50,5 k €	-21.6%	64,4 k €	+32.8%	48,5 k €
Net result	52,3 k €	+42.2%	36,8 k €	-7.3%	39,7 k €	-38.6%	64,6 k €	+18.5%	54,5 k €	-13.1%	62,7 k €	+57.4%	39,8 k €	-23.2%	51,9 k €	-12.0%	59 k €	+135%	25,1 k €	+3.0%	24,4 k €	-1.5%	24,8 k €	+139%	10,4 k €	+78.5%	5,8 k €	-72.9%	21,4 k €	+1029%	-2,3 k €	-134%	6,7 k €	-45.7%	12,4 k €	-52.9%	26,3 k €	+72.8%	15,2 k €
Balance sheet
Equity	413,2 k €	+12.9%	366 k €	+9.5%	334,3 k €	-16.4%	399,7 k €	-9.2%	440,2 k €	-25.5%	590,8 k €	+10.8%	533,2 k €	+7.0%	498,5 k €	+4.5%	477,3 k €	+14.1%	418,3 k €	+6.4%	393,1 k €	+6.6%	368,7 k €	+52.5%	241,8 k €	+4.5%	231,5 k €	+2.6%	225,7 k €	+10.5%	204,3 k €	-1.1%	206,6 k €	+3.4%	199,8 k €	+0.2%	199,4 k €	+6.0%	188,1 k €
Total assets	1,2 M €	-2.0%	1,2 M €	+0.2%	1,2 M €	-1.3%	1,3 M €	+4.0%	1,2 M €	+2.3%	1,2 M €	-1.7%	1,2 M €	-1.7%	1,2 M €	+13.3%	1,1 M €	+2.3%	1,1 M €	-6.1%	1,1 M €	-7.1%	1,2 M €	-6.0%	1,3 M €	+83.6%	704,3 k €	-6.8%	755,7 k €	+29.7%	582,9 k €	+5.6%	551,8 k €	+1.3%	544,5 k €	-10.6%	608,9 k €	+4.8%	580,7 k €
Cash	9 k €	+9.7%	8,2 k €	-40.6%	13,7 k €	-76.5%	58,4 k €	+148%	23,5 k €	+36.0%	17,3 k €	-47.1%	32,7 k €	+47.8%	22,2 k €	+195%	7,5 k €	-91.0%	83,8 k €	+116%	38,8 k €	+14.4%	33,9 k €	+68.7%	20,1 k €	+13.9%	17,6 k €	-79.3%	85,3 k €	+19684%	431,3 €	+189%	149,2 €	-97.6%	6,2 k €	+10.2%	5,6 k €	-48.3%	10,9 k €
Debts	812,2 k €	-8.1%	883,9 k €	-3.2%	913,1 k €	+5.6%	864,7 k €	+11.4%	776 k €	+29.9%	597,5 k €	-9.5%	660,2 k €	-7.8%	715,9 k €	+17.7%	608 k €	-5.4%	643 k €	-12.7%	736,5 k €	-13.0%	846,9 k €	-19.0%	1 M €	+121%	472,9 k €	-10.8%	530,1 k €	+40.0%	378,6 k €	+9.7%	345,2 k €	+0.5%	343,4 k €	-14.0%	399,2 k €	+4.4%	382,5 k €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+3.4%	2,9 ETP	-3.3%	3,0 ETP	+50.0%	2,0 ETP	0.0%	2,0 ETP	-28.6%	2,8 ETP	-9.7%	3,1 ETP	-6.1%	3,3 ETP	+50.0%	2,2 ETP	+37.5%	1,6 ETP	0.0%	1,6 ETP	+23.1%	1,3 ETP	-35.0%	2,0 ETP	+17.6%	1,7 ETP	+21.4%	1,4 ETP	-12.5%	1,6 ETP	-33.3%	2,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

MATH IMMO

Director · since 01 janvier 2019 · 0607.846.540

Represented by MATHIAS HOLLAERT

Active

Ended mandates

MATH IMMO

Managing director · since 01 janvier 2019 · 0607.846.540

Represented by MATHIAS HOLLAERT

Ended

DANIEL HOLLAERT

Director · since 14 avril 2015 · until 14 avril 2021

Ended

Mathias HOLLAERT

Managing director · since 14 avril 2015 · until 14 avril 2021

Ended

DANIEL HOLLAERT

Director · since 15 juillet 2011 · until 14 avril 2015

Ended

At this address

Other companies at this address

Company	CBE no.
MATH IMMO● Active	0607.846.540
M.J.F. SERVICES● Active	0831.699.873

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	29/06/2026	28/07/2025	22/05/2024	03/07/2023	31/08/2022	27/08/2021
General meeting	22/06/2026	30/06/2025	09/04/2024	11/04/2023	12/04/2022	13/04/2021
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	22/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	French	PDF
Abridged model	31/12/2023	09/04/2024	22/05/2024	French	PDF
Abridged model	31/12/2022	11/04/2023	03/07/2023	French	PDF
Abridged model	31/12/2021	12/04/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	13/04/2021	27/08/2021	French	PDF
Abridged model	31/12/2019	09/10/2020	31/10/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	07/08/2019	French	PDF
Abridged model	31/12/2017	10/04/2018	26/09/2018	French	PDF
Abridged model	31/12/2016	11/04/2017	13/12/2017	French	PDF
Abridged model	31/12/2015	12/04/2016	28/09/2016	French	PDF
Abridged model	31/12/2014	14/04/2015	06/10/2015	French	PDF
Abridged model	31/12/2013	08/04/2014	18/08/2014	French	PDF
Abridged model	31/12/2012	09/04/2013	31/05/2013	French	PDF
Abridged model	31/12/2011	10/04/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	12/04/2011	31/05/2011	French	PDF
Abridged model	31/12/2009	13/04/2010	14/09/2010	French	PDF
Abridged model	31/12/2008	14/04/2009	16/11/2009	French	PDF
Abridged model	31/12/2007	08/04/2008	23/10/2008	French	PDF
Abridged model	31/12/2006	10/04/2007	14/02/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 1 active · 19 ended

Active mandates

MATH IMMO

Director · since 01 janvier 2019 · 0607.846.540

Represented by MATHIAS HOLLAERT

Active

Ended mandates

MATH IMMO

Managing director · since 01 janvier 2019 · 0607.846.540

Represented by MATHIAS HOLLAERT

Ended

DANIEL HOLLAERT

Director · since 14 avril 2015 · until 14 avril 2021

Ended

Mathias HOLLAERT

Managing director · since 14 avril 2015 · until 14 avril 2021

Ended

DANIEL HOLLAERT

Director · since 15 juillet 2011 · until 14 avril 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates12/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates27/12/2018
OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates22/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates19/11/2015
DEMISSIONS, NOMINATIONS
PDF
Registered office26/07/2013
SIEGE SOCIAL
PDF
Mandates14/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2009
DEMISSIONS, NOMINATIONS
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 202552,3 k €↑
2024
Annual accounts 202436,8 k €↓
2024
Name changeHOLLAERT
2023
Annual accounts 202339,7 k €↓
2022
Annual accounts 202264,6 k €↑
2021
Annual accounts 202154,5 k €↓
2021
Name changeHOLLAERT DANIEL
2020
Annual accounts 202062,7 k €↑
2019
Annual accounts 201939,8 k €↓
2018
Annual accounts 201851,9 k €↓
2017
Annual accounts 201759 k €↑
2016
Annual accounts 201625,1 k €↑
2015
Annual accounts 201524,4 k €↓
2014
Annual accounts 201424,8 k €↑
2013
Annual accounts 201310,4 k €↑
2012
Annual accounts 20125,8 k €↓
2011
Annual accounts 201121,4 k €↑
2010
Annual accounts 2010-2,3 k €↓
2009
Annual accounts 20096,7 k €↓
2008
Annual accounts 200812,4 k €↓
2007
Annual accounts 200726,3 k €↑
2006
Annual accounts 200615,2 k €
23/12/1985
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

HOLLAERT

Overview

What does HOLLAERT 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