ACTIVE

HETROMAS

Financial year 2025 · closed on 31/12/2025
Net result
426,5 k €
-1.4% YoY
Gross margin
431,7 k €
+4.4% YoY
Equity
8,9 M €
+5.0% YoY

What does HETROMAS do?

HETROMAS is a Private limited company incorporated in 1990. Its registered office is in Holsbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.041.974
Incorporation
15/06/1990
Legal form
Private limited company
Registered office
Kriesberg 52
3221 Holsbeek · FlandreSee on map
Contributed capital
3 960 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin431,7 k €413,7 k €410,4 k €352,1 k €341,2 k €363,6 k €343,5 k €336,4 k €324,7 k €315 k €325,6 k €314,5 k €305,7 k €300,7 k €298,5 k €267,3 k €294 k €268,7 k €256,3 k €665,9 k €
EBITDA402 k €384,7 k €382,9 k €326,2 k €315,5 k €346,2 k €327,3 k €320,9 k €302,2 k €294,3 k €306,5 k €296,8 k €290,8 k €286,2 k €282,9 k €253,3 k €277 k €251,9 k €235,1 k €648,5 k €
Operating result216,2 k €198,2 k €198,6 k €133,4 k €122,7 k €164,4 k €138,2 k €131,8 k €113,1 k €172,3 k €217,6 k €204,5 k €198,5 k €193,9 k €190,6 k €169 k €188,3 k €162,6 k €145,9 k €552,2 k €
Net result426,5 k €432,8 k €239,8 k €266,2 k €212 k €175,6 k €236,2 k €202,1 k €315,4 k €216,9 k €307,1 k €209,8 k €207,5 k €147,2 k €259,4 k €168 k €96,9 k €131,5 k €215,8 k €544 k €
Balance sheet
Equity8,9 M €8,5 M €9,6 M €9,3 M €9,1 M €8,9 M €8,7 M €8,4 M €8,7 M €4,5 M €4,3 M €4 M €3,8 M €3,6 M €3,5 M €3,2 M €3,1 M €3 M €2,8 M €2,6 M €
Total assets9,2 M €10 M €9,6 M €9,6 M €9,5 M €9,5 M €9,5 M €9,3 M €9,8 M €5,7 M €5,4 M €5,3 M €5,3 M €5,2 M €5,1 M €4,8 M €4,6 M €4,6 M €4,5 M €4,4 M €
Cash507,2 k €341,9 k €113,9 k €92,4 k €50,8 k €55,5 k €36,1 k €37,6 k €417,7 k €1,2 M €307,6 k €309 k €466,6 k €188,8 k €718,9 k €148,7 k €680 k €36,6 k €228,6 k €484,8 k €
Debts208,1 k €1,5 M €40 k €237,2 k €403,9 k €627,8 k €775,6 k €866,5 k €1 M €1,2 M €1,1 M €1,3 M €1,5 M €1,6 M €1,6 M €1,5 M €1,5 M €1,6 M €1,6 M €1,7 M €
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 · 1 active · 7 ended

Active mandates

Herman Troukens

Director · since 01 février 2016

Active

Ended mandates

Herman TROUKENS

Manager · since 01 février 2016

Ended
Marie Ange CORTHOUTS

Manager · since 01 janvier 2006 · until 01 février 2016

Ended
Marie Ange CORTHOUTS

Manager · since 01 janvier 2006

Ended
MARIE-ANGE CORTHOUTS

Manager · since 01 janvier 2006

Ended
At this address

Other companies at this address

CompanyCBE no.
MOSTINGActive
0724.945.732
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date23/07/202611/07/202513/08/202408/08/202308/07/202212/08/2021
General meeting15/06/202616/05/202515/06/202415/06/202315/06/202215/06/2021
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 model31/12/202515/06/202623/07/2026DutchPDF
Abridged model31/12/202416/05/202511/07/2025DutchPDF
Micro model31/12/202315/06/202413/08/2024DutchPDF
Micro model31/12/202215/06/202308/08/2023DutchPDF
Micro model31/12/202115/06/202208/07/2022DutchPDF
Micro model31/12/202015/06/202112/08/2021DutchPDF
Micro model31/12/201908/09/202008/10/2020DutchPDF
Micro model31/12/201830/06/201920/08/2019DutchPDF
Micro model31/12/201730/06/201831/08/2018DutchPDF
Micro model31/12/201630/06/201711/08/2017DutchPDF
Abridged model31/12/201530/06/201618/08/2016DutchPDF
Abridged model31/12/201430/06/201531/07/2015DutchPDF
Abridged model31/12/201330/06/201431/07/2014DutchPDF
Abridged model31/12/201230/06/201321/08/2013DutchPDF
Abridged model31/12/201130/06/201231/07/2012DutchPDF
Abridged model31/12/201015/06/201112/07/2011DutchPDF
Abridged model31/12/200915/06/201001/07/2010DutchPDF
Abridged model31/12/200815/06/200903/07/2009DutchPDF
Abridged model31/12/200716/06/200805/08/2008DutchPDF
Abridged model31/12/200629/06/200731/07/2007DutchPDF
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 · 1 active · 7 ended

Active mandates

Herman Troukens

Director · since 01 février 2016

Active

Ended mandates

Herman TROUKENS

Manager · since 01 février 2016

Ended
Marie Ange CORTHOUTS

Manager · since 01 janvier 2006 · until 01 février 2016

Ended
Marie Ange CORTHOUTS

Manager · since 01 janvier 2006

Ended
MARIE-ANGE CORTHOUTS

Manager · since 01 janvier 2006

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Capital / shares31/10/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares08/02/2017
    KAPITAAL - AANDELEN
    PDF
  • Mandates03/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares18/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/01/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/05/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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 2025426,5 k €
  2. 2024
    Annual accounts 2024432,8 k €
  3. 2023
    Annual accounts 2023239,8 k €
  4. 2022
    Annual accounts 2022266,2 k €
  5. 2021
    Annual accounts 2021212 k €
  6. 2020
    Annual accounts 2020175,6 k €
  7. 2019
    Annual accounts 2019236,2 k €
  8. 2018
    Annual accounts 2018202,1 k €
  9. 2017
    Annual accounts 2017315,4 k €
  10. 2016
    Annual accounts 2016216,9 k €
  11. 2015
    Annual accounts 2015307,1 k €
  12. 2014
    Annual accounts 2014209,8 k €
  13. 2013
    Annual accounts 2013207,5 k €
  14. 2012
    Annual accounts 2012147,2 k €
  15. 2011
    Annual accounts 2011259,4 k €
  16. 2010
    Annual accounts 2010168 k €
  17. 2009
    Annual accounts 200996,9 k €
  18. 2008
    Annual accounts 2008131,5 k €
  19. 2007
    Annual accounts 2007215,8 k €
  20. 2006
    Annual accounts 2006544 k €
  21. 15/06/1990
    IncorporationPrivate limited company