ACTIVE

H.E.T. & PARTNERS

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Financial year 2025 · closed on 31/12/2025

Net result

-105,4 k €

-113.6% YoY

Gross margin

-3,6 k €

-100.3% YoY

Equity

1,7 M €

-23.0% YoY

What does H.E.T. & PARTNERS do?

H.E.T. & PARTNERS is a Public limited company incorporated in 1989. Its registered office is in Sint-Gillis-Waas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.775.261

Incorporation

14/02/1989

Legal form

Public limited company

Registered office

Doornstraat(SGW) 36
9170 Sint-Gillis-Waas · FlandreSee on map

Contributed capital

174 000,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow risk

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		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-3,6 k €	-100%	1,4 M €	+429%	267,6 k €	+18.0%	226,8 k €	+23.6%	183,5 k €	+50.4%	122 k €	+33.6%	91,3 k €	-45.7%	168,3 k €	-11.4%	189,9 k €	+48.8%	127,6 k €	-52.8%	270,5 k €	-5.1%	285 k €	-5.3%	300,9 k €	-2.7%	309,3 k €	+7.5%	287,7 k €	-3.2%	297,3 k €	+140%	124 k €	-20.1%	155,1 k €	-7.7%	168 k €
EBITDA	-6,1 k €	-100%	1,4 M €	+964%	130,8 k €	-21.4%	166,4 k €	+1.7%	163,7 k €	+36.1%	120,2 k €	+56.4%	76,9 k €	-50.2%	154,2 k €	-12.2%	175,5 k €	+89.7%	92,5 k €	-63.8%	255,6 k €	-5.5%	270,5 k €	-6.1%	288,1 k €	+0.7%	286,1 k €	-0.1%	286,3 k €	+0.5%	285 k €	+155%	111,9 k €	-21.7%	143 k €	-8.8%	156,8 k €
Operating result	-6,1 k €	-100%	1,4 M €	+964%	130,8 k €	-21.4%	166,4 k €	+1.7%	163,7 k €	+36.1%	120,2 k €	+56.4%	76,9 k €	-50.2%	154,2 k €	-12.2%	175,5 k €	+89.7%	92,5 k €	-63.8%	255,6 k €	-5.5%	270,5 k €	-6.1%	288,1 k €	+2.7%	280,4 k €	+0.4%	279,2 k €	+357%	61,1 k €	+154%	-112,7 k €	-41.5%	-79,6 k €	-21.0%	-65,8 k €
Net result	-105,4 k €	-114%	772,2 k €	+1085%	65,1 k €	-43.5%	115,3 k €	+55.6%	74,1 k €	+12.6%	65,8 k €	+75.2%	37,6 k €	-65.9%	110,3 k €	-19.0%	136,3 k €	+6443%	2,1 k €	-98.9%	191,4 k €	-24.0%	251,7 k €	+4.1%	241,8 k €	+80.5%	134 k €	-49.3%	264,4 k €	+284%	-143,9 k €	-11.8%	-128,7 k €	-39.6%	-92,2 k €	+30.4%	-132,4 k €
Balance sheet
Equity	1,7 M €	-23.0%	2,2 M €	+60.8%	1,4 M €	+7.6%	1,3 M €	+10.0%	1,2 M €	+6.9%	1,1 M €	+15.4%	937 k €	+4.2%	899,4 k €	+5.9%	849 k €	+9.9%	772,8 k €	+0.3%	770,7 k €	+10.2%	699,3 k €	+23.2%	567,6 k €	+27.3%	445,8 k €	+3.2%	431,8 k €	+158%	167,4 k €	-46.2%	311,2 k €	-29.3%	440 k €	-17.3%	532,2 k €
Total assets	1,7 M €	-23.2%	2,2 M €	+40.1%	1,6 M €	+2.5%	1,5 M €	+3.2%	1,5 M €	+1.1%	1,5 M €	-1.8%	1,5 M €	+2.1%	1,5 M €	-0.7%	1,5 M €	+3.2%	1,4 M €	-8.9%	1,6 M €	+5.1%	1,5 M €	+9.3%	1,4 M €	+9.8%	1,2 M €	-8.5%	1,4 M €	+17.8%	1,2 M €	-6.6%	1,2 M €	-11.1%	1,4 M €	+23.5%	1,1 M €
Cash	641,3 k €	-36.3%	1 M €	+5768%	17,2 k €	-63.7%	47,3 k €	+45.7%	32,4 k €		–		21,6 k €	-68.3%	68,2 k €	+269%	18,5 k €	+435%	3,5 k €	+7.6%	3,2 k €	+3417%	91,2 €	-99.8%	43,8 k €	+1118%	3,6 k €	-98.9%	327,9 k €	+239%	96,7 k €	+45.4%	66,5 k €	-5.1%	70 k €	+23965%	291 €
Debts	–		3 k €	-96.8%	94,5 k €	-64.3%	264,4 k €	-20.3%	331,9 k €	-15.0%	390,5 k €	-21.8%	499,2 k €	-12.3%	569,4 k €	-6.7%	610 k €	-4.7%	640 k €	-14.1%	745 k €	+0.6%	740,6 k €	-0.6%	745 k €	0.0%	745 k €	-14.9%	875 k €	-5.5%	925,7 k €	+7.7%	859,3 k €	-2.9%	885,3 k €	+63.2%	542,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 39 ended

Active mandates

FRANCISCUS DONDERS

Director · since 31 mai 2026 · until 31 mai 2031

Active

JOHANNES DONDERS

Director · since 31 mai 2026 · until 31 mai 2031

Active

KRISTIN VAN THILLO

Director · since 31 mai 2026 · until 31 mai 2031

Active

NIKO KUNST

Director · since 31 mai 2026 · until 31 mai 2031

Active

Ended mandates

FRABCISCUS NDERS

Director · since 01 février 2021 · until 31 mai 2026

Ended

FRANCISCUS DONDERS

Director · since 01 février 2021 · until 30 mai 2026

Ended

FRANCISCUS DONDERS

Director · since 01 février 2021 · until 31 mai 2026

Ended

JOHANNES DONDERS

Director · since 01 février 2021 · until 30 mai 2026

Ended

At this address

Other companies at this address

Company	CBE no.
FIDUCIAIRE WATERSCHOOT F.● Active	0431.097.001

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	03/06/2026	17/06/2025	05/07/2024	05/06/2023	24/06/2022	16/07/2021
General meeting	29/05/2026	30/05/2025	29/05/2024	12/05/2023	27/05/2022	28/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	03/06/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	17/06/2025	Dutch	PDF
Micro model	31/12/2023	29/05/2024	05/07/2024	Dutch	PDF
Micro model	31/12/2022	12/05/2023	05/06/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	24/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	16/07/2021	Dutch	PDF
Micro model	31/12/2018	31/05/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	29/05/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	07/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	10/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	23/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 4 active · 39 ended

Active mandates

FRANCISCUS DONDERS

Director · since 31 mai 2026 · until 31 mai 2031

Active

JOHANNES DONDERS

Director · since 31 mai 2026 · until 31 mai 2031

Active

KRISTIN VAN THILLO

Director · since 31 mai 2026 · until 31 mai 2031

Active

NIKO KUNST

Director · since 31 mai 2026 · until 31 mai 2031

Active

Ended mandates

FRABCISCUS NDERS

Director · since 01 février 2021 · until 31 mai 2026

Ended

FRANCISCUS DONDERS

Director · since 01 février 2021 · until 30 mai 2026

Ended

FRANCISCUS DONDERS

Director · since 01 février 2021 · until 31 mai 2026

Ended

JOHANNES DONDERS

Director · since 01 février 2021 · until 30 mai 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring07/09/2023
DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/08/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates04/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2020
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 2025-105,4 k €↓
2024
Annual accounts 2024772,2 k €↑
2023
Annual accounts 202365,1 k €↓
2022
Annual accounts 2022115,3 k €↑
2021
Annual accounts 202174,1 k €↑
2020
Annual accounts 202065,8 k €↑
2018
Annual accounts 201837,6 k €↓
2017
Annual accounts 2017110,3 k €↓
2016
Annual accounts 2016136,3 k €↑
2015
Annual accounts 20152,1 k €↓
2014
Annual accounts 2014191,4 k €↓
2013
Annual accounts 2013251,7 k €↑
2012
Annual accounts 2012241,8 k €↑
2011
Annual accounts 2011134 k €↓
2010
Annual accounts 2010264,4 k €↑
2009
Annual accounts 2009-143,9 k €↓
2008
Annual accounts 2008-128,7 k €↓
2007
Annual accounts 2007-92,2 k €↑
2006
Annual accounts 2006-132,4 k €
14/02/1989
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

H.E.T. & PARTNERS

Overview

What does H.E.T. & PARTNERS 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