ACTIVE

Houmanfarma

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Financial year 2025 · closed on 31/12/2025

Net result

50,8 k €

-37.1% YoY

Gross margin

188,8 k €

-13.9% YoY

Equity

330,8 k €

+18.1% YoY

Workforce

0,8 ETP

0.0% YoY

What does Houmanfarma do?

Houmanfarma is a Public limited company incorporated in 1991. Its registered office is in Meise. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.537.430

Incorporation

25/10/1991

Legal form

Public limited company

Registered office

Boechtstraat 10
1860 Meise · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Joint committees (2)

313
31300

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	188,8 k €	-13.9%	219,3 k €	+35.6%	161,8 k €	+30.5%	124 k €	-35.5%	192,3 k €	+48.7%	129,3 k €	-21.3%	164,4 k €	+37.6%	119,5 k €	-38.5%	194,2 k €	+35.5%	143,4 k €	-14.4%	167,4 k €	-24.0%	220,2 k €	-19.7%	274 k €	+8.8%	251,9 k €	-6.8%	270,3 k €	-3.7%	280,9 k €	+28.7%	218,3 k €	-6.3%	232,8 k €	-10.3%	259,4 k €	+20.7%	215 k €
EBITDA	148,3 k €	-19.5%	184,2 k €	+40.4%	131,2 k €	+53.5%	85,4 k €	-44.4%	153,8 k €	+70.9%	90 k €	-24.6%	119,4 k €	+40.1%	85,2 k €	-46.6%	159,5 k €	+45.3%	109,8 k €	-22.3%	141,3 k €	+0.3%	140,9 k €	-28.3%	196,6 k €	+0.4%	195,7 k €	-11.4%	220,9 k €	-8.6%	241,6 k €	+53.2%	157,7 k €	-9.9%	174,9 k €	-2.9%	180,2 k €	+6.1%	169,8 k €
Operating result	77,1 k €	-33.2%	115,5 k €	+75.1%	65,9 k €	+227%	20,2 k €	-77.2%	88,4 k €	+233%	26,5 k €	-21.0%	33,6 k €	+257%	-21,3 k €	-139%	55,2 k €	+507%	9,1 k €	-77.8%	41 k €	+6.5%	38,5 k €	-54.0%	83,7 k €	-1.1%	84,6 k €	-15.0%	99,5 k €	-19.9%	124,3 k €	+20841%	-599,3 €	-101%	58,6 k €	-35.0%	90,2 k €	+6.5%	84,7 k €
Net result	50,8 k €	-37.1%	80,8 k €	+64.1%	49,2 k €	+363%	10,6 k €	-83.5%	64,3 k €	+355%	14,1 k €	+3.6%	13,6 k €	+135%	-38,5 k €	-350%	15,4 k €	+157%	-26,8 k €	-851%	3,6 k €	+196%	-3,7 k €	-122%	16,6 k €	+16.0%	14,3 k €	+232%	-10,8 k €	-152%	20,7 k €	+127%	-76,2 k €	-2174%	-3,3 k €	-114%	23,9 k €	+3.3%	23,1 k €
Balance sheet
Equity	330,8 k €	+18.1%	280 k €	+40.6%	199,2 k €	+32.8%	150 k €	+7.6%	139,4 k €	+85.6%	75,1 k €	+23.2%	61 k €	+28.8%	47,3 k €	-78.8%	223,5 k €	+7.4%	208,1 k €	-11.4%	235 k €	+1.5%	231,4 k €	-2.4%	237,1 k €	+0.5%	235,8 k €	+6.4%	221,6 k €	-4.7%	232,4 k €	+9.8%	211,7 k €	-26.5%	287,8 k €	-1.2%	291,2 k €	+8.9%	267,3 k €
Total assets	701 k €	-10.4%	782,3 k €	-5.5%	827,9 k €	+1.3%	817,5 k €	-2.1%	834,7 k €	-7.8%	905,1 k €	+0.8%	897,8 k €	-9.9%	997 k €	-14.9%	1,2 M €	-5.7%	1,2 M €	-0.6%	1,2 M €	-5.6%	1,3 M €	-7.8%	1,4 M €	-5.1%	1,5 M €	-8.4%	1,7 M €	-5.4%	1,7 M €	-5.1%	1,8 M €	+36.1%	1,4 M €	+56.7%	862,1 k €	+2.4%	842,2 k €
Cash	32,6 k €	-35.8%	50,8 k €	-35.9%	79,2 k €	+0.1%	79,1 k €	+131%	34,2 k €	-24.0%	45 k €	+247%	13 k €	-37.8%	20,8 k €	-79.2%	100 k €	+19.0%	84 k €	+212%	26,9 k €	+38.0%	19,5 k €	-42.8%	34,1 k €	-26.5%	46,4 k €	-1.6%	47,1 k €	+235%	14,1 k €	-75.9%	58,4 k €	-31.9%	85,7 k €	-38.0%	138,3 k €	+34.4%	102,9 k €
Debts	370,1 k €	-26.3%	502,3 k €	-20.0%	627,8 k €	-6.0%	667,6 k €	-4.0%	695,3 k €	-16.2%	830 k €	-0.8%	836,9 k €	-11.9%	949,7 k €	+1.7%	934,1 k €	-8.3%	1 M €	+2.0%	998,3 k €	-7.3%	1,1 M €	-10.2%	1,2 M €	-6.2%	1,3 M €	-10.7%	1,4 M €	-4.4%	1,5 M €	-8.0%	1,6 M €	+55.9%	1 M €	+82.7%	571 k €	-0.7%	574,9 k €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP	+50.0%	0,6 ETP	-64.7%	1,7 ETP	-10.5%	1,9 ETP	+46.2%	1,3 ETP	+30.0%	1,0 ETP	+11.1%	0,9 ETP	-47.1%	1,7 ETP	0.0%	1,7 ETP	-22.7%	2,2 ETP	+37.5%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Koert Demiddeleer

Director · since 01 janvier 2012

Active

Ended mandates

Koert Demiddeleer

Director · since 26 juin 2018 · until 26 juin 2024

Ended

Koert Demiddeleer

Director · since 01 janvier 2012 · until 26 juin 2018

Ended

Sophie Houman

Managing director · since 01 janvier 2012 · until 26 juin 2018

Ended

Jacquelin De Wit

Director · since 06 janvier 2006 · until 06 janvier 2012

Ended

At this address

Other companies at this address

Company	CBE no.
HOUMANSOFT● Active	0867.562.258
Meise Arum Circle● Active	1010.304.290

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	25/08/2026	12/08/2025	21/08/2024	24/08/2023	25/08/2022	24/08/2021
General meeting	25/06/2026	25/06/2025	26/06/2024	26/06/2023	27/06/2022	26/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	25/08/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	12/08/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	21/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	25/08/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	24/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	19/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	16/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/06/2018	21/08/2018	Dutch	PDF
Abridged model	31/12/2016	26/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	04/08/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	26/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	21/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	28/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 13 ended

Active mandates

Koert Demiddeleer

Director · since 01 janvier 2012

Active

Ended mandates

Koert Demiddeleer

Director · since 26 juin 2018 · until 26 juin 2024

Ended

Koert Demiddeleer

Director · since 01 janvier 2012 · until 26 juin 2018

Ended

Sophie Houman

Managing director · since 01 janvier 2012 · until 26 juin 2018

Ended

Jacquelin De Wit

Director · since 06 janvier 2006 · until 06 janvier 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares13/04/2018
KAPITAAL - AANDELEN
PDF
Mandates11/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates27/01/2012
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/01/2009
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 202550,8 k €↓
2024
Annual accounts 202480,8 k €↑
2023
Annual accounts 202349,2 k €↑
2022
Annual accounts 202210,6 k €↓
2021
Annual accounts 202164,3 k €↑
2020
Annual accounts 202014,1 k €↑
2019
Annual accounts 201913,6 k €↑
2018
Annual accounts 2018-38,5 k €↓
2017
Annual accounts 201715,4 k €↑
2016
Annual accounts 2016-26,8 k €↓
2015
Annual accounts 20153,6 k €↑
2014
Annual accounts 2014-3,7 k €↓
2013
Annual accounts 201316,6 k €↑
2012
Annual accounts 201214,3 k €↑
2011
Annual accounts 2011-10,8 k €↓
2010
Annual accounts 201020,7 k €↑
2009
Annual accounts 2009-76,2 k €↓
2008
Annual accounts 2008-3,3 k €↓
2007
Annual accounts 200723,9 k €↑
2006
Annual accounts 200623,1 k €
25/10/1991
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

Houmanfarma

Overview

What does Houmanfarma do?

Trend over 20 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