ACTIVE

HAROL PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

32,6 k €

+105.1% YoY

Revenue

1,9 M €

-11.0% YoY

Equity

1,3 M €

+0.6% YoY

Workforce

8,0 ETP

-29.2% YoY

What does HAROL PROJECTS do?

HAROL PROJECTS is a Public limited company incorporated in 1987. Its registered office is in Diest. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.649.593

Incorporation

24/11/1987

Legal form

Public limited company

Registered office

Itselaarlaan 11
3290 Diest · FlandreSee on map

Contributed capital

1 017 039,07 €

Latest accounts

31/12/2025

Average workforce

8,0 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	1,9 M €	-11.0%	2,1 M €	-12.3%	2,4 M €	-25.9%	3,2 M €	+10.3%	2,9 M €	-23.4%	3,8 M €	-9.5%	4,2 M €	-6.8%	4,5 M €	+39.5%	3,2 M €	+9.1%	3 M €	-3.1%	3 M €	+13.3%	2,7 M €	-7.5%	2,9 M €	+21.4%	2,4 M €	+21.5%	2 M €	-27.8%	2,7 M €	+24.3%	2,2 M €
EBITDA	87,2 k €	+23.3%	70,8 k €	-37.8%	113,9 k €	+5.4%	108,1 k €	+43.2%	75,5 k €	+192%	-81,7 k €	-147%	173,6 k €	+18.9%	146 k €	+4.9%	139,3 k €	+13.8%	122,4 k €	-32.3%	180,7 k €	+30.3%	138,7 k €	-24.2%	183,1 k €	-19.5%	227,3 k €	+292%	-118,5 k €	-231%	90,5 k €	+558%	-19,8 k €
Operating result	62,8 k €	+91.0%	32,9 k €	-66.7%	98,7 k €	+8.1%	91,3 k €	+48.1%	61,7 k €	+165%	-94,6 k €	-399%	31,7 k €	-21.2%	40,2 k €	-46.0%	74,4 k €	-2.4%	76,2 k €	-49.3%	150,4 k €	+41.5%	106,2 k €	-27.8%	147,2 k €	-23.1%	191,4 k €	+247%	-129,8 k €	-222%	106,4 k €	+372%	-39,2 k €
Net result	32,6 k €	+105%	15,9 k €	-73.8%	60,8 k €	+7.0%	56,8 k €	+9.6%	51,8 k €	+151%	-100,9 k €	-475%	26,9 k €	-26.8%	36,8 k €	-46.7%	69 k €	-4.7%	72,4 k €	-48.5%	140,5 k €	+35.9%	103,4 k €	-28.1%	143,8 k €	-24.0%	189,2 k €	+242%	-133,1 k €	-221%	110 k €	+370%	-40,7 k €
Balance sheet
Equity	1,3 M €	+0.6%	1,3 M €	+1.2%	1,3 M €	+2.8%	1,3 M €	+4.7%	1,2 M €	+38.8%	863,8 k €	-10.5%	964,8 k €	+2.9%	937,8 k €	+4.1%	901 k €	+8.3%	832 k €	+9.5%	759,7 k €	+22.7%	619,2 k €	+20.0%	515,8 k €	+38.7%	372 k €	+104%	182,8 k €	-42.1%	315,8 k €	+53.4%	205,9 k €
Total assets	1,5 M €	-0.9%	1,5 M €	-3.8%	1,6 M €	+4.5%	1,5 M €	-0.3%	1,5 M €	+3.1%	1,5 M €	+16.1%	1,3 M €	-20.7%	1,6 M €	+6.4%	1,5 M €	+33.3%	1,1 M €	-5.2%	1,2 M €	+7.0%	1,1 M €	+6.2%	1,1 M €	+0.2%	1 M €	+9.7%	956,3 k €	-19.5%	1,2 M €	+69.6%	700,2 k €
Cash	170,5 k €	-44.4%	306,5 k €	+265%	84,1 k €	-61.8%	219,9 k €	-51.0%	448,5 k €	+32.6%	338,2 k €	+193%	115,4 k €	-53.5%	247,9 k €	+29.9%	190,9 k €	-13.3%	220,2 k €	+16.8%	188,4 k €	+5.7%	178,3 k €	-10.9%	200 k €	-30.9%	289,4 k €	+413%	56,5 k €	-61.3%	145,9 k €	-3.5%	151,1 k €
Debts	196,5 k €	-9.9%	217,9 k €	-26.1%	294,8 k €	+12.3%	262,6 k €	-18.8%	323,2 k €	-42.2%	559,1 k €	+82.3%	306,8 k €	-53.9%	665,2 k €	+9.7%	606,3 k €	+103%	298,8 k €	-31.0%	432,7 k €	-11.7%	490,3 k €	-8.3%	534,6 k €	-21.0%	676,6 k €	-12.4%	772,4 k €	-11.3%	870,9 k €	+76.2%	494,3 k €
Other
Workforce	8,0 ETP	-29.2%	11,3 ETP	-18.7%	13,9 ETP	-14.2%	16,2 ETP	+0.6%	16,1 ETP	-5.8%	17,1 ETP	+3.0%	16,6 ETP	0.0%	16,6 ETP	+6.4%	15,6 ETP	-1.3%	15,8 ETP	+5.3%	15,0 ETP	-10.7%	16,8 ETP	+1.8%	16,5 ETP	+25.0%	13,2 ETP	+6.5%	12,4 ETP	+6.9%	11,6 ETP	-4.9%	12,2 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 · 27 ended

Active mandates

PHARUS

Managing director · since 28 janvier 2021 · until 19 juin 2026 · 0429.934.187

Represented by Annick DRAELANTS

Active

OMG-CONSULTING

Managing director · since 01 janvier 2021 · until 19 juin 2026 · 0758.730.733

Represented by Joris DRAELANTS

Active

Ended mandates

PHARUS

Managing director · since 01 janvier 2021 · until 19 juin 2026 · 0429.934.187

Represented by Annick Draelants

Ended

Joris Draelants

Managing director · since 10 janvier 2018 · until 18 juin 2021

Ended

Annick Draelants

Managing director · since 30 juin 2015 · until 18 juin 2021

Ended

Camiel Draelants

Managing director · since 30 juin 2015 · until 10 janvier 2018

Ended

At this address

Other companies at this address

Company	CBE no.
D.P.W. BEHEER● Active	0446.391.228
HAROL BELGIE● Active	0431.100.167
HAROL CONSYST● Active	0429.933.001
HAROL GROEP● Active	0652.818.512
Livarti CSB● Active	0420.820.345
PHARUS● Active	0429.934.187

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/07/2026	04/08/2025	17/07/2024	19/07/2023	28/07/2022	16/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	17/06/2022	18/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	29/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	04/08/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	17/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	17/06/2022	28/07/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	10/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	15/06/2018	21/06/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	19/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	02/07/2013	Dutch	PDF
Full model	31/12/2011	30/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	04/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	30/06/2010	Dutch	PDF
Full modelCorrection	31/12/2008	30/06/2009	15/07/2009	Dutch	PDF
Full model	31/12/2008	30/06/2009	01/07/2009	Dutch	PDF
Full model	31/12/2007	30/06/2008	28/07/2008	Dutch	PDF
Full model	31/12/2006	15/06/2007	29/06/2007	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 · 27 ended

Active mandates

PHARUS

Managing director · since 28 janvier 2021 · until 19 juin 2026 · 0429.934.187

Represented by Annick DRAELANTS

Active

OMG-CONSULTING

Managing director · since 01 janvier 2021 · until 19 juin 2026 · 0758.730.733

Represented by Joris DRAELANTS

Active

Ended mandates

PHARUS

Managing director · since 01 janvier 2021 · until 19 juin 2026 · 0429.934.187

Represented by Annick Draelants

Ended

Joris Draelants

Managing director · since 10 janvier 2018 · until 18 juin 2021

Ended

Annick Draelants

Managing director · since 30 juin 2015 · until 18 juin 2021

Ended

Camiel Draelants

Managing director · since 30 juin 2015 · until 10 janvier 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office13/03/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates10/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2015
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

2025
Annual accounts 202532,6 k €↑
2024
Annual accounts 202415,9 k €↓
2023
Annual accounts 202360,8 k €↑
2022
Annual accounts 202256,8 k €↑
2021
Annual accounts 202151,8 k €↑
2018
Annual accounts 2018-100,9 k €↓
2017
Annual accounts 201726,9 k €↓
2016
Annual accounts 201636,8 k €↓
2015
Annual accounts 201569 k €↓
2014
Annual accounts 201472,4 k €↓
2013
Annual accounts 2013140,5 k €↑
2012
Annual accounts 2012103,4 k €↓
2011
Annual accounts 2011143,8 k €↓
2010
Annual accounts 2010189,2 k €↑
2009
Annual accounts 2009-133,1 k €↓
2008
Annual accounts 2008110 k €↑
2007
Annual accounts 2007-40,7 k €
24/11/1987
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

HAROL PROJECTS

Overview

What does HAROL PROJECTS do?

Trend over 17 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