Hell or High Water
0439.277.069 · rovalta.com · 24/09/2026
ACTIVE
Hell or High Water
Financial year 2025 · closed on 31/12/2025
Net result
-21,4 k €
-196.2% YoY
Gross margin
28,4 k €
-57.7% YoY
Equity
69,3 k €
-23.6% YoY
Overview
What does Hell or High Water do?
Hell or High Water is a Private limited company incorporated in 1990. Its registered office is in Zottegem.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.277.069
Incorporation
01/01/1990
Legal form
Private limited company
Registered office
Van Aelbrouckstraat 20
9620 Zottegem · FlandreSee on map
9620 Zottegem · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
Positive cashflowPositive EBITDA
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 28,4 k € | -57.7% | 67,2 k € | +475% | -17,9 k € | -123% | 78,3 k € | +51.9% | 51,6 k € | -18.7% | 63,5 k € | +788% | -9,2 k € | -127% | 34,2 k € | -42.5% | 59,5 k € | +213% | 19 k € | +20.1% | 15,8 k € | +73.1% | 9,1 k € | +218% | 2,9 k € | +124% | -12,1 k € | -2759% | 453,7 € | -94.0% | 7,6 k € | -43.8% | 13,5 k € | +131% | 5,8 k € |
| EBITDA | 27,3 k € | -58.7% | 66,1 k € | +446% | -19,1 k € | -125% | 77,1 k € | +58.1% | 48,8 k € | -20.0% | 61 k € | +511% | -14,8 k € | -159% | 24,9 k € | -55.0% | 55,4 k € | +396% | 11,2 k € | -19.7% | 13,9 k € | +99.6% | 7 k € | +451% | 1,3 k € | +109% | -13,8 k € | -774% | -1,6 k € | -126% | 6 k € | -46.2% | 11,2 k € | +154% | 4,4 k € |
| Operating result | -3,7 k € | -109% | 39,9 k € | +206% | -37,5 k € | -159% | 64,1 k € | +62.7% | 39,4 k € | -25.6% | 52,9 k € | +329% | -23,1 k € | -684% | 4 k € | -92.0% | 49,5 k € | +402% | 9,9 k € | -21.7% | 12,6 k € | +122% | 5,7 k € | +3631% | -161,2 € | +99.1% | -18,4 k € | -135% | -7,8 k € | -1678% | 495,3 € | -86.1% | 3,6 k € | +1085% | 301,5 € |
| Net result | -21,4 k € | -196% | 22,2 k € | +147% | -47,3 k € | -199% | 47,8 k € | +88.4% | 25,4 k € | -33.5% | 38,1 k € | +245% | -26,3 k € | -8234% | 323,2 € | -98.9% | 29,5 k € | +326% | 6,9 k € | -15.4% | 8,2 k € | +99.0% | 4,1 k € | +854% | 431,3 € | +102% | -19,2 k € | -110% | -9,2 k € | -321% | -2,2 k € | -160% | 3,6 k € | +1844% | 186,5 € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 69,3 k € | -23.6% | 90,7 k € | +32.5% | 68,4 k € | -40.9% | 115,7 k € | +70.4% | 67,9 k € | +104% | 33,3 k € | +788% | -4,8 k € | -123% | 21,5 k € | +1.5% | 21,1 k € | +352% | -8,4 k € | +45.2% | -15,3 k € | +34.8% | -23,5 k € | +14.9% | -27,6 k € | +1.5% | -28,1 k € | -218% | -8,8 k € | -2809% | 326 € | -87.0% | 2,5 k € | +323% | -1,1 k € |
| Total assets | 499,9 k € | +2.2% | 488,9 k € | -1.3% | 495,6 k € | +161% | 189,6 k € | +34.8% | 140,7 k € | +80.3% | 78 k € | +5.4% | 74,1 k € | +13.6% | 65,2 k € | -6.1% | 69,5 k € | +72.4% | 40,3 k € | +75.6% | 22,9 k € | +42.5% | 16,1 k € | +56.0% | 10,3 k € | -28.6% | 14,5 k € | -53.9% | 31,4 k € | -22.2% | 40,4 k € | -6.2% | 43 k € | +17.3% | 36,7 k € |
| Cash | 3,6 k € | -81.5% | 19,5 k € | -18.2% | 23,9 k € | +2899% | 796,1 € | -8.8% | 873,2 € | -77.6% | 3,9 k € | – | 0 € | -100% | 566,3 € | -57.8% | 1,3 k € | +309% | 328 € | -95.1% | 6,6 k € | +339% | 1,5 k € | -14.7% | 1,8 k € | -80.3% | 9 k € | +66.7% | 5,4 k € | -20.1% | 6,7 k € | +96.7% | 3,4 k € | ||
| Debts | 430,6 k € | +8.1% | 398,2 k € | -6.8% | 427,2 k € | +478% | 73,9 k € | +1.5% | 72,8 k € | +62.6% | 44,8 k € | -43.0% | 78,5 k € | +79.4% | 43,8 k € | -9.4% | 48,3 k € | -0.7% | 48,7 k € | +32.4% | 36,8 k € | -3.5% | 38,1 k € | +4.6% | 36,4 k € | -14.3% | 42,5 k € | +7.1% | 39,7 k € | +0.5% | 39,5 k € | -2.5% | 40,5 k € | +7.2% | 37,8 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 8 ended
Active mandates
BRAM BLONDEEL
ActiveCAROLINE DEMANET
ActiveEnded mandates
Caroline Demanet
EndedCaroline Demanet
EndedBram Blondeel
EndedBRAM BLONDEEL
EndedFinancials
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 | 24/07/2026 | 12/07/2025 | 15/07/2024 | 04/07/2023 | 25/08/2022 | 24/08/2021 |
| General meeting | 29/05/2026 | 30/05/2025 | 31/05/2024 | 26/05/2023 | 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 29/05/2026 | 24/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 30/05/2025 | 12/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 31/05/2024 | 15/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 26/05/2023 | 04/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 27/05/2022 | 25/08/2022 | Dutch | |
| Micro model | 31/12/2020 | 28/05/2021 | 24/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 30/06/2020 | 10/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/05/2019 | 23/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 28/07/2018 | 14/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 26/06/2017 | 18/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 27/05/2016 | 19/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 28/09/2015 | 29/09/2015 | Dutch | |
| Abridged model | 01/12/2013 | 30/06/2014 | 30/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 30/06/2013 | 30/08/2014 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 18/10/2013 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 24/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 02/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 22/06/2009 | 17/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/08/2008 | 29/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 8 ended
Active mandates
BRAM BLONDEEL
ActiveCAROLINE DEMANET
ActiveEnded mandates
Caroline Demanet
EndedCaroline Demanet
EndedBram Blondeel
EndedBRAM BLONDEEL
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates13/07/2023WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
- Mandates04/04/2016ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates09/07/2014ONTSLAGEN - BENOEMINGEN
- Mandates24/03/2009MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates27/07/2004BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-21,4 k €↓
- 2024Annual accounts 202422,2 k €↑
- 2023Annual accounts 2023-47,3 k €↓
- 2023Name changeHell or High Water
- 2022Annual accounts 202247,8 k €↑
- 2021Annual accounts 202125,4 k €↓
- 2021Name changeID Blondeel
- 2018Annual accounts 201838,1 k €↑
- 2017Annual accounts 2017-26,3 k €↓
- 2016Annual accounts 2016323,2 €↓
- 2015Annual accounts 201529,5 k €↑
- 2014Annual accounts 20146,9 k €↓
- 2013Annual accounts 20138,2 k €↑
- 2012Annual accounts 20124,1 k €↑
- 2011Annual accounts 2011431,3 €↑
- 2010Annual accounts 2010-19,2 k €↓
- 2009Annual accounts 2009-9,2 k €↓
- 2008Annual accounts 2008-2,2 k €↓
- 2007Annual accounts 20073,6 k €↑
- 2006Annual accounts 2006186,5 €
- 2006Name changeb.v.b.a. {ID} Blondeel
- 01/01/1990IncorporationPrivate limited company