ACTIVE

HEMAR CONSTRUCT

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Financial year 2024 · closed on 31/12/2024

Net result

394,8 k €

+15847.7% YoY

Revenue

16,3 M €

+94.0% YoY

Equity

6,6 M €

+4.7% YoY

Workforce

36,1 ETP

-4.7% YoY

What does HEMAR CONSTRUCT do?

HEMAR CONSTRUCT is a Public limited company incorporated in 1991. Its registered office is in Tongeren-Borgloon. It employs on average 36,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.760.242

Incorporation

31/07/1991

Legal form

Public limited company

Registered office

Heuvelstraat 30C
3840 Tongeren-Borgloon · FlandreSee on map

Contributed capital

546 000,00 €

Latest accounts

31/12/2024

Average workforce

36,1 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	16,3 M €	+94.0%	8,4 M €	-53.7%	18,1 M €	+50.3%	12,1 M €	+13.3%	10,6 M €	-18.9%	13,1 M €	-0.2%	13,1 M €	-17.2%	15,9 M €	+12.6%	14,1 M €	-13.0%	16,2 M €	-4.7%	17,0 M €	+4.8%	16,2 M €	-20.6%	20,4 M €	+10.3%	18,5 M €	+5.4%	17,6 M €	+11.8%	15,7 M €	-15.7%	18,6 M €	-21.0%	23,6 M €
EBITDA	1,2 M €	+132%	503,3 k €	-62.8%	1,4 M €	+112%	639,8 k €	-7.2%	689,1 k €	-47.1%	1,3 M €	+24.5%	1,0 M €	+17.8%	887,9 k €	+12.6%	788,4 k €	-17.8%	959,3 k €	-18.8%	1,2 M €	-20.7%	1,5 M €	-49.5%	3,0 M €	+35.9%	2,2 M €	+22.6%	1,8 M €	+10.0%	1,6 M €	-33.8%	2,4 M €	-12.4%	2,8 M €
Operating result	881,7 k €	+224%	272,1 k €	-78.0%	1,2 M €	+152%	490,3 k €	-0.7%	493,9 k €	-48.4%	957,1 k €	+50.4%	636,5 k €	+65.1%	385,5 k €	+103%	189,9 k €	-55.8%	429,4 k €	-33.3%	644,2 k €	-30.3%	924,5 k €	-61.3%	2,4 M €	+48.6%	1,6 M €	+36.2%	1,2 M €	+17.4%	1,0 M €	-46.3%	1,9 M €	-12.1%	2,1 M €
Net result	394,8 k €	+15848%	2,5 k €	-99.7%	770,2 k €	+358%	168,2 k €	+124%	75,1 k €	-82.3%	424,6 k €	+42.5%	298,0 k €	+191%	102,3 k €	+3465%	2,9 k €	-97.4%	112,5 k €	-69.3%	366,3 k €	-28.4%	511,5 k €	-63.5%	1,4 M €	+84.5%	758,6 k €	+0.5%	754,8 k €	+17.9%	640,4 k €	-44.5%	1,2 M €	-12.1%	1,3 M €
Balance sheet
Equity	6,6 M €	+4.7%	6,3 M €	+0.0%	6,3 M €	+6.3%	5,9 M €	+2.9%	5,7 M €	+1.3%	5,7 M €	+6.3%	5,3 M €	-22.1%	6,8 M €	+1.5%	6,7 M €	+0.0%	6,7 M €	+1.7%	6,6 M €	+5.9%	6,3 M €	+8.9%	5,7 M €	+32.3%	4,3 M €	+21.2%	3,6 M €	-35.8%	5,6 M €	+13.0%	4,9 M €	+30.5%	3,8 M €
Total assets	11,1 M €	-27.4%	15,2 M €	+33.4%	11,4 M €	-40.6%	19,2 M €	+9.8%	17,5 M €	+27.7%	13,7 M €	+10.4%	12,4 M €	+6.1%	11,7 M €	-0.4%	11,8 M €	-3.0%	12,1 M €	+0.7%	12,0 M €	+3.1%	11,7 M €	-3.8%	12,2 M €	-17.6%	14,8 M €	+12.5%	13,1 M €	+15.7%	11,3 M €	+20.5%	9,4 M €	-16.3%	11,2 M €
Cash	838,0 k €	-30.1%	1,2 M €	-26.5%	1,6 M €	-58.4%	3,9 M €	+72.7%	2,3 M €	-33.2%	3,4 M €	+165%	1,3 M €	-70.3%	4,3 M €	+16.3%	3,7 M €	+53.1%	2,4 M €	+1.0%	2,4 M €	+191%	824,2 k €	-64.8%	2,3 M €	+163%	890,2 k €	-45.5%	1,6 M €	+215%	518,8 k €	-47.2%	982,1 k €	+6.8%	919,2 k €
Debts	4,3 M €	-50.5%	8,7 M €	+74.3%	5,0 M €	-62.6%	13,3 M €	+13.1%	11,8 M €	+46.2%	8,1 M €	+13.5%	7,1 M €	+45.6%	4,9 M €	-2.7%	5,0 M €	-3.7%	5,2 M €	-4.2%	5,4 M €	-0.1%	5,4 M €	-15.2%	6,4 M €	-38.4%	10,4 M €	+9.3%	9,5 M €	+65.3%	5,8 M €	+28.9%	4,5 M €	-40.1%	7,5 M €
Other
Workforce	36,1 ETP	-4.7%	37,9 ETP	-6.7%	40,6 ETP	+2.5%	39,6 ETP	-5.9%	42,1 ETP	+0.7%	41,8 ETP	+3.0%	40,6 ETP	+0.7%	40,3 ETP	-6.1%	42,9 ETP	+2.9%	41,7 ETP	-2.1%	42,6 ETP	-2.5%	43,7 ETP	-2.0%	44,6 ETP	-4.7%	46,8 ETP	-2.9%	48,2 ETP	-5.1%	50,8 ETP	-2.1%	51,9 ETP	-5.3%	54,8 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 31/12/2024 · 1 active · 31 ended

Active mandates

HEMAR HOLDING

Director · since 30 juillet 2020 · until 30 juillet 2026 · 0894.413.145

Represented by Alfons Lenaers

Active

Ended mandates

D.N.B.O.

Director · since 30 juillet 2020 · until 06 avril 2023 · 0665.843.731

Represented by Davy Nijs

Ended

D.N.B.O.

Director · since 30 juillet 2020 · until 31 juillet 2026 · 0665.843.731

Represented by Davy Nijs

Ended

Hendrik Lenaers

Managing director · since 30 juillet 2020 · until 18 février 2022

Ended

Hendrik Lenaers

Managing director · since 30 juillet 2020 · until 30 juillet 2026

Ended

At this address

Other companies at this address

Company	CBE no.
HEMAR HOLDING● Active	0894.413.145
IMMO IDEAL PROMOTION Wall● Active	0823.717.268
LENAERS BOUW● Active	0444.237.036
Tijdelijke maatschap Binnenveld Tongeren● Active	1010.554.512
Tijdelijke Maatschap Hemar Construct nv - Janssen Bouwbedrijf nv● Active	0794.430.592
Tijdelijke Maatschap Hemar Construct N.V. - N.V. Bouwonderneming Lamers● Active	1002.402.651
Tijdelijke maatschap Nieuwstraat Lummen● Active	1019.682.212
Tijdelijke Vereniging Hemar Construct nv - Janssen Bouwbedrijf nv● Active	0722.766.004

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	15/07/2024	22/07/2023	21/07/2022	26/07/2021	24/08/2020
General meeting	11/07/2025	29/06/2024	30/06/2023	30/06/2022	30/06/2021	30/07/2020
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
Full model	31/12/2024	11/07/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	22/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	21/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	26/07/2021	Dutch	PDF
Full model	31/12/2019	30/07/2020	24/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	12/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	16/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	26/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	26/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	12/07/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	29/07/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	25/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	29/06/2007	24/07/2007	Dutch	PDF

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 31/12/2024 · 1 active · 31 ended

Active mandates

HEMAR HOLDING

Director · since 30 juillet 2020 · until 30 juillet 2026 · 0894.413.145

Represented by Alfons Lenaers

Active

Ended mandates

D.N.B.O.

Director · since 30 juillet 2020 · until 06 avril 2023 · 0665.843.731

Represented by Davy Nijs

Ended

D.N.B.O.

Director · since 30 juillet 2020 · until 31 juillet 2026 · 0665.843.731

Represented by Davy Nijs

Ended

Hendrik Lenaers

Managing director · since 30 juillet 2020 · until 18 février 2022

Ended

Hendrik Lenaers

Managing director · since 30 juillet 2020 · until 30 juillet 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/02/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2014
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

2024
Annual accounts 2024394,8 k €↑
2023
Annual accounts 20232,5 k €↓
2022
Annual accounts 2022770,2 k €↑
2021
Annual accounts 2021168,2 k €↑
2020
Annual accounts 202075,1 k €↓
2019
Annual accounts 2019424,6 k €↑
2018
Annual accounts 2018298,0 k €↑
2017
Annual accounts 2017102,3 k €↑
2016
Annual accounts 20162,9 k €↓
2015
Annual accounts 2015112,5 k €↓
2014
Annual accounts 2014366,3 k €↓
2013
Annual accounts 2013511,5 k €↓
2012
Annual accounts 20121,4 M €↑
2011
Annual accounts 2011758,6 k €↑
2010
Annual accounts 2010754,8 k €↑
2009
Annual accounts 2009640,4 k €↓
2008
Annual accounts 20081,2 M €↓
2007
Annual accounts 20071,3 M €
31/07/1991
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

HEMAR CONSTRUCT

Overview

What does HEMAR CONSTRUCT do?

Trend over 18 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