ACTIVE

HEMAR CONSTRUCT

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Financial year 2025 · Closed on 31/12/2025

Net result1,2 M €+205,8 %over 1 year

Revenue16,9 M €+3,8 %over 1 year

Equity7,5 M €+14,6 %over 1 year

Workforce37,0 ETP+2,5 %over 1 year

Identity

Source · BCE/KBO

HEMAR CONSTRUCT is a Public limited company incorporated in 1991. Its main activity is: Construction of buildings. Its registered office is in Tongeren-Borgloon. It employs on average 37,0 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: 31/12/2025
Average workforce: 37,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 43320Joinery installation 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	16,9 M €	+3.8%	16,3 M €	+94.0%	8,4 M €	-53.7%	18,1 M €	+50.3%	12,1 M €
EBITDA	2 M €	+74.3%	1,2 M €	+132%	503,3 k €	-62.8%	1,4 M €	+112%	639,8 k €
Operating result	1,7 M €	+90.2%	881,7 k €	+224%	272,1 k €	-78.0%	1,2 M €	+152%	490,3 k €
Net result	1,2 M €	+206%	394,8 k €	+15848%	2,5 k €	-99.7%	770,2 k €	+358%	168,2 k €
Balance sheet
Equity	7,5 M €	+14.6%	6,6 M €	+4.7%	6,3 M €	+0.0%	6,3 M €	+6.3%	5,9 M €
Total assets	11 M €	-0.8%	11,1 M €	-27.4%	15,2 M €	+33.4%	11,4 M €	-40.6%	19,2 M €
Cash	620,1 k €	-26.0%	838 k €	-30.1%	1,2 M €	-26.5%	1,6 M €	-58.4%	3,9 M €
Debts	3,3 M €	-23.8%	4,3 M €	-50.5%	8,7 M €	+74.3%	5 M €	-62.6%	13,3 M €
Other
Workforce	37,0 ETP	+2.5%	36,1 ETP	-4.7%	37,9 ETP	-6.7%	40,6 ETP	+2.5%	39,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HEMAR HOLDING0894.413.145Represented by Alfons Lenaers	Director10/04/2008 → 30/07/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
D.N.B.O.0665.843.731Represented by Davy Nijs	Director30/07/2020 → 2022 accounts
Hendrik Lenaers	Managing director30/07/2020 → 2022 accounts

Other companies at this address

Heuvelstraat 30C 3840 Tongeren-Borgloon

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

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	03/07/2026	17/07/2025	15/07/2024	22/07/2023	21/07/2022	26/07/2021
General meeting	30/06/2026	11/07/2025	29/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	03/07/2026	Dutch	PDF
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

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HEMAR HOLDING0894.413.145Represented by Alfons Lenaers	Director10/04/2008 → 30/07/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
D.N.B.O.0665.843.731Represented by Davy Nijs	Director30/07/2020 → 2022 accounts
Hendrik Lenaers	Managing director30/07/2020 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

HEMAR HOLDING

D.N.B.O.

Hendrik Lenaers

Roger Nelissen

IMMO IDEAL PROMOTION Wall

Dominique Lenaers

Davy Nijs

Alfons Lenaers

199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

HEMAR CONSTRUCT

Heuvelstraat 30C, 3840 Tongeren-Borgloon

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Heuvelstraat 30C, 3840 Tongeren-BorgloonCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00260994

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HEMAR CONSTRUCTCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00260994

Events

2025
Annual accounts 20251,2 M €↑
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 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

HEMAR CONSTRUCT

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events