ACTIVE

Ets HEYDEN

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Financial year 2025 · closed on 31/12/2025

Net result

54,1 k €

+126.1% YoY

Gross margin

421,7 k €

+12.4% YoY

Equity

3,7 M €

+0.1% YoY

Workforce

2,9 ETP

0.0% YoY

What does Ets HEYDEN do?

Ets HEYDEN is a Public limited company incorporated in 1991. Its registered office is in Blégny. It employs on average 2,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.820.710

Incorporation

22/11/1991

Legal form

Public limited company

Registered office

Rue Prés-Champs 13
4671 Blégny · WallonieSee on map

Contributed capital

561 662,37 €

Latest accounts

31/12/2025

Average workforce

2,9 ETP

Joint committees (2)

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	421,7 k €	+12.4%	375,3 k €		–		425,8 k €	+16.5%	365,4 k €	-16.4%	437,3 k €	+14.7%	381,4 k €	+30.0%	293,4 k €	-64.3%	821 k €	+226%	251,9 k €	+1.0%	249,4 k €	+4.4%	238,9 k €	-28.1%	332,2 k €	+13.2%	293,5 k €	+57.2%	186,7 k €	+24.8%	149,7 k €	+9.0%	137,3 k €	-1.3%	139,1 k €	+8.9%	127,7 k €	-21.7%	163,2 k €
EBITDA	232,1 k €	+28.9%	180,1 k €	-49.1%	354 k €	+91.8%	184,6 k €	+9.7%	168,3 k €	-16.3%	201,2 k €	+49.9%	134,2 k €	+20.3%	111,6 k €	-82.6%	641,1 k €	+720%	78,2 k €	-19.0%	96,4 k €	-0.9%	97,3 k €	-15.6%	115,3 k €	+13.1%	101,9 k €	+56.4%	65,1 k €	+95.9%	33,3 k €	+14.3%	29,1 k €	+26.3%	23 k €	+82.0%	12,7 k €	-66.9%	38,2 k €
Operating result	89,9 k €	+133%	38,6 k €	-83.4%	232,9 k €	+178%	83,9 k €	+49.9%	56 k €	+227%	17,1 k €	+104%	-420 k €	-523%	99,4 k €	-84.2%	628,8 k €	+1293%	45,1 k €	-28.8%	63,4 k €	+7.7%	58,9 k €	-23.6%	77 k €	+21.5%	63,4 k €	+101%	31,6 k €	+1169%	-3 k €	+70.5%	-10 k €	+53.9%	-21,7 k €	+36.2%	-34,1 k €	-708%	-4,2 k €
Net result	54,1 k €	+126%	23,9 k €	-88.0%	199,3 k €	+103%	98,2 k €	+33.1%	73,8 k €	+1454%	-5,4 k €	+98.6%	-402 k €	-428%	122,5 k €	-76.3%	517,5 k €	+508%	85 k €	-30.3%	121,9 k €	+19.7%	101,9 k €	-17.7%	123,8 k €	+13.6%	109 k €	+32.5%	82,2 k €	+48.0%	55,6 k €	+25.1%	44,4 k €	+111%	-403,4 k €	-2157%	19,6 k €	-92.5%	262,4 k €
Balance sheet
Equity	3,7 M €	+0.1%	3,6 M €	-0.2%	3,7 M €	+4.9%	3,5 M €	+2.0%	3,4 M €	+1.3%	3,4 M €	-1.0%	3,4 M €	-11.3%	3,8 M €	+2.5%	3,7 M €	+15.0%	3,3 M €	+1.6%	3,2 M €	+2.3%	3,1 M €	+1.7%	3,1 M €	+2.5%	3 M €	+2.5%	2,9 M €	+2.9%	2,9 M €	+2.0%	2,8 M €	+1.6%	2,8 M €	-12.8%	3,2 M €	+0.6%	3,1 M €
Total assets	4,2 M €	-2.9%	4,4 M €	-3.1%	4,5 M €	-15.4%	5,3 M €	+18.1%	4,5 M €	-2.8%	4,6 M €	-12.5%	5,3 M €	+2.1%	5,2 M €	+32.3%	3,9 M €	+19.2%	3,3 M €	+0.6%	3,3 M €	+2.3%	3,2 M €	+1.4%	3,2 M €	+2.7%	3,1 M €	+4.0%	3 M €	+2.9%	2,9 M €	+2.1%	2,8 M €	+1.8%	2,8 M €	-12.8%	3,2 M €	+0.3%	3,2 M €
Cash	176,5 k €	+113%	83 k €	+237%	24,6 k €	-94.0%	412,8 k €	+2.1%	404,4 k €	+2064%	18,7 k €	-91.8%	227,3 k €	-72.3%	821 k €	+137%	346,3 k €	+1562%	20,8 k €	+139%	8,7 k €	-1.3%	8,8 k €	-10.8%	9,9 k €	-28.4%	13,8 k €	+463%	2,5 k €	-8.6%	2,7 k €	-60.6%	6,8 k €	-69.6%	22,4 k €	+430%	4,2 k €	-41.0%	7,2 k €
Debts	482,8 k €	-20.6%	608,4 k €	-17.5%	737,3 k €	-57.2%	1,7 M €	+77.6%	970,5 k €	-14.8%	1,1 M €	-35.6%	1,8 M €	+44.2%	1,2 M €	+2380%	49,5 k €	+14.8%	43,1 k €	-40.8%	72,8 k €	+4.6%	69,6 k €	-8.4%	76 k €	+15.3%	65,9 k €	+209%	21,3 k €	+6.7%	20 k €	+16.8%	17,1 k €	+51.0%	11,3 k €	-6.1%	12,1 k €	-44.8%	21,8 k €
Other
Workforce	2,9 ETP	0.0%	2,9 ETP	-19.4%	3,6 ETP	0.0%	3,6 ETP	+33.3%	2,7 ETP	-34.1%	4,1 ETP	+7.9%	3,8 ETP	+72.7%	2,2 ETP	+22.2%	1,8 ETP	0.0%	1,8 ETP	-10.0%	2,0 ETP	0.0%	2,0 ETP	+5.3%	1,9 ETP	-5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+25.0%	1,6 ETP	+33.3%	1,2 ETP	-36.8%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 9 ended

Active mandates

Clément MARCHAL

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Delphine WINANT

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Eric WINANT

Managing director · since 02 septembre 2020 · until 27 juin 2030

Active

Julie WINANT

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Ended mandates

Clément MARCHAL

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Delphine WINANT

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Eric WINANT

Managing director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Julie WINANT

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
ATELIER BOCAGER● Active	0712.507.065
CLIFDEN● Active	0805.256.584
METALFUTS● Active	0452.825.494

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full 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	18/06/2026	10/07/2025	11/07/2024	06/07/2023	23/08/2022	28/08/2021
General meeting	22/05/2026	12/06/2025	13/06/2024	08/06/2023	23/06/2022	24/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	18/06/2026	French	PDF
Abridged model	31/12/2024	12/06/2025	10/07/2025	French	PDF
Full model	31/12/2023	13/06/2024	11/07/2024	French	PDF
Abridged model	31/12/2022	08/06/2023	06/07/2023	French	PDF
Abridged model	31/12/2021	23/06/2022	23/08/2022	French	PDF
Abridged model	31/12/2020	24/06/2021	28/08/2021	French	PDF
Abridged model	31/12/2019	25/06/2020	06/09/2020	French	PDF
Abridged model	31/12/2018	13/06/2019	13/07/2019	French	PDF
Abridged model	31/12/2017	14/06/2018	13/07/2018	French	PDF
Abridged model	31/12/2016	08/06/2017	13/07/2017	French	PDF
Abridged model	31/12/2015	09/06/2016	07/07/2016	French	PDF
Abridged model	31/12/2014	11/06/2015	11/07/2015	French	PDF
Abridged model	31/12/2013	12/06/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	13/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	14/06/2012	16/07/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	19/06/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	01/07/2010	French	PDF
Abridged model	31/12/2008	11/06/2009	09/07/2009	French	PDF
Abridged model	31/12/2007	12/06/2008	25/06/2008	French	PDF
Abridged model	31/12/2006	14/06/2007	13/07/2007	French	PDF
Abridged modelCorrection	31/12/2005	08/06/2006	10/05/2007	French	PDF
Abridged modelCorrection	31/12/2004	09/06/2005	10/05/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 9 ended

Active mandates

Clément MARCHAL

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Delphine WINANT

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Eric WINANT

Managing director · since 02 septembre 2020 · until 27 juin 2030

Active

Julie WINANT

Director · since 02 septembre 2020 · until 27 juin 2030

Active

Ended mandates

Clément MARCHAL

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Delphine WINANT

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Eric WINANT

Managing director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Julie WINANT

Director · since 02 septembre 2020 · until 02 septembre 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/05/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates22/09/2020
DEMISSIONS, NOMINATIONS
PDF
Capital / shares20/06/2017
CAPITAL, ACTIONS
PDF
Mandates18/05/2016
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates26/08/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates10/08/2010
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/08/2003
DEMISSIONS, NOMINATIONS
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 202554,1 k €↑
2024
Annual accounts 202423,9 k €↓
2023
Annual accounts 2023199,3 k €↑
2022
Annual accounts 202298,2 k €↑
2021
Annual accounts 202173,8 k €↑
2020
Annual accounts 2020-5,4 k €↑
2019
Annual accounts 2019-402 k €↓
2018
Annual accounts 2018122,5 k €↓
2017
Annual accounts 2017517,5 k €↑
2016
Annual accounts 201685 k €↓
2015
Annual accounts 2015121,9 k €↑
2014
Annual accounts 2014101,9 k €↓
2013
Annual accounts 2013123,8 k €↑
2012
Annual accounts 2012109 k €↑
2011
Annual accounts 201182,2 k €↑
2010
Annual accounts 201055,6 k €↑
2009
Annual accounts 200944,4 k €↑
2008
Annual accounts 2008-403,4 k €↓
2007
Annual accounts 200719,6 k €↓
2006
Annual accounts 2006262,4 k €
22/11/1991
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

Ets HEYDEN

Overview

What does Ets HEYDEN 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