ACTIVE

MESTDAGH - HARDEMAN

Financial year 2025 · closed on 31/12/2025
Net result
559 k €
+63.1% YoY
Gross margin
812,2 k €
+46.0% YoY
Equity
3,7 M €
+17.2% YoY
Workforce
0,0 ETP

What does MESTDAGH - HARDEMAN do?

MESTDAGH - HARDEMAN is a Private limited company incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Torhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.499.307
Incorporation
11/01/1989
Legal form
Private limited company
Registered office
Aartrijkestraat 39
8820 Torhout · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (2)
  • 307
  • 3230
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin812,2 k €556,4 k €543,1 k €481,6 k €591,5 k €350,6 k €443,3 k €480,5 k €113,2 k €361,9 k €446,3 k €561,4 k €300,6 k €338,4 k €310,7 k €325,5 k €181,5 k €106,7 k €114,1 k €
EBITDA803,3 k €545,7 k €395,1 k €467,3 k €550,7 k €341,2 k €139,9 k €473,6 k €105,3 k €344,7 k €442,3 k €555,6 k €276,2 k €333 k €286,3 k €323,3 k €176 k €103,3 k €100,6 k €
Operating result692,3 k €418,9 k €240,3 k €312,3 k €368,7 k €205,3 k €-10,2 k €279,2 k €-29,8 k €219,3 k €329,8 k €492,4 k €216,9 k €281,7 k €236 k €290 k €141,7 k €62,7 k €71,8 k €
Net result559 k €342,8 k €186,8 k €235,9 k €280,7 k €141,8 k €-32,6 €180,4 k €-12,6 k €162,8 k €212,3 k €150,3 k €170 k €177,8 k €202,3 k €210,2 k €119,4 k €57,7 k €36,9 k €
Balance sheet
Equity3,7 M €3,1 M €2,9 M €2,7 M €2,8 M €2,3 M €2,3 M €2,3 M €2,1 M €2,1 M €1,9 M €1,7 M €1,5 M €1,4 M €1,2 M €1 M €903,5 k €914,1 k €856,4 k €
Total assets3,9 M €3,3 M €3,1 M €3,3 M €3,1 M €2,8 M €2,7 M €2,9 M €2,9 M €3 M €3 M €2,8 M €2,6 M €1,6 M €1,5 M €1,3 M €1,2 M €1,1 M €1,1 M €
Cash460 k €91,3 k €41,8 k €845,2 k €517,5 k €563,3 k €302,3 k €367,4 k €659,3 k €552 €722,9 €1 k €712,1 €15,9 €1,5 k €38,2 k €243,2 k €
Debts118 k €137,8 k €192 k €511,3 k €267,9 k €432,5 k €354 k €499,5 k €708,4 k €788,3 k €983,7 k €915,4 k €961,8 k €75,7 k €196,7 k €86 k €173,7 k €38,4 k €66,6 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP0,1 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Dries Mestdagh

Director

Active
Ilse Hardeman

Director

Active

Ended mandates

Dries Mestdagh

Mandate

Ended
Dries Mestdagh

Managing director · until 02 juin 2011

Ended
Dries Mestdagh

Manager

Ended
Ilse Hardeman

Mandate

Ended
At this address

Other companies at this address

CompanyCBE no.
GROEP MHActive
0660.897.919
Mestdagh-BActive
0707.604.706
Mestdagh-VActive
0875.223.575
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date17/07/202618/07/202514/06/202427/06/202327/06/202222/07/2021
General meeting02/06/202602/06/202502/06/202402/06/202302/06/202202/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202617/07/2026DutchPDF
Abridged model31/12/202402/06/202518/07/2025DutchPDF
Abridged model31/12/202302/06/202414/06/2024DutchPDF
Abridged model31/12/202202/06/202327/06/2023DutchPDF
Abridged model31/12/202102/06/202227/06/2022DutchPDF
Abridged model31/12/202002/06/202122/07/2021DutchPDF
Abridged model31/12/201902/06/202024/07/2020DutchPDF
Abridged model31/12/201802/06/201915/07/2019DutchPDF
Abridged model31/12/201702/06/201814/06/2018DutchPDF
Abridged model31/12/201602/06/201716/06/2017DutchPDF
Abridged model31/12/201502/06/201625/08/2016DutchPDF
Abridged model31/12/201402/06/201531/08/2015DutchPDF
Abridged model31/12/201302/06/201426/08/2014DutchPDF
Abridged model31/12/201202/06/201303/06/2013DutchPDF
Abridged model31/12/201130/06/201216/08/2012DutchPDF
Abridged model31/12/201015/07/201119/07/2011DutchPDF
Abridged model31/12/200928/06/201020/07/2010DutchPDF
Abridged model31/12/200830/06/200915/07/2009DutchPDF
Abridged model31/12/200702/06/200801/07/2008DutchPDF
Abridged model31/12/200620/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 8 ended

Active mandates

Dries Mestdagh

Director

Active
Ilse Hardeman

Director

Active

Ended mandates

Dries Mestdagh

Mandate

Ended
Dries Mestdagh

Managing director · until 02 juin 2011

Ended
Dries Mestdagh

Manager

Ended
Ilse Hardeman

Mandate

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office08/09/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares26/11/2013
    KAPITAAL - AANDELEN
    PDF
  • Other13/06/2013
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/10/2010
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates14/11/2005
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares22/04/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/10/2002
    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

Timeline

  1. 2025
    Annual accounts 2025559 k €
  2. 2024
    Annual accounts 2024342,8 k €
  3. 2023
    Annual accounts 2023186,8 k €
  4. 2022
    Annual accounts 2022235,9 k €
  5. 2021
    Annual accounts 2021280,7 k €
  6. 2019
    Annual accounts 2019141,8 k €
  7. 2018
    Annual accounts 2018-32,6 €
  8. 2017
    Annual accounts 2017180,4 k €
  9. 2016
    Annual accounts 2016-12,6 k €
  10. 2015
    Annual accounts 2015162,8 k €
  11. 2014
    Annual accounts 2014212,3 k €
  12. 2013
    Annual accounts 2013150,3 k €
  13. 2012
    Annual accounts 2012170 k €
  14. 2011
    Annual accounts 2011177,8 k €
  15. 2010
    Annual accounts 2010202,3 k €
  16. 2009
    Annual accounts 2009210,2 k €
  17. 2008
    Annual accounts 2008119,4 k €
  18. 2007
    Annual accounts 200757,7 k €
  19. 2006
    Annual accounts 200636,9 k €
  20. 11/01/1989
    IncorporationPrivate limited company