ACTIVE

Hulsbosch Beheer

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Financial year 2025 · closed on 31/12/2025

Net result

64 k €

+4.0% YoY

Gross margin

140,3 k €

+3.2% YoY

Equity

2 M €

+3.3% YoY

What does Hulsbosch Beheer do?

Hulsbosch Beheer is a Public limited company incorporated in 1991. Its main activity is: Buying and selling of own real estate. Its registered office is in Bree.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.284.627

Incorporation

30/12/1991

Legal form

Public limited company

Registered office

Industrieterrein Kanaal-Noord 1158
3960 Bree · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	140,3 k €	+3.2%	135,9 k €	-13.7%	157,6 k €	+27.5%	123,6 k €	+11.8%	110,6 k €	-10.0%	122,8 k €	+4.7%	117,4 k €	-23.2%	152,8 k €	-28.5%	213,6 k €	+19.4%	178,9 k €	+42.0%	126 k €	+4.4%	120,7 k €	+67.9%	71,9 k €	-62.3%	190,7 k €	+585%	-39,4 k €	-438%	-7,3 k €	-103%	-3,6 k €	-172%	-1,3 k €	+16.5%	-1,6 k €	-117%	9,5 k €
EBITDA	126,9 k €	+1.7%	124,8 k €	-10.5%	139,4 k €	+22.6%	113,7 k €	+12.8%	100,8 k €	-10.9%	113,2 k €	+4.7%	108 k €	-24.8%	143,7 k €	-29.5%	204 k €	+21.8%	167,5 k €	+45.5%	115,1 k €	+4.8%	109,8 k €	+76.8%	62,1 k €	-67.2%	189,1 k €	+555%	-41,6 k €	-371%	-8,8 k €	-91.2%	-4,6 k €	+73.3%	-17,3 k €	-436%	-3,2 k €	-139%	8,2 k €
Operating result	86,7 k €	+6.0%	81,8 k €	-15.5%	96,8 k €	+87.2%	51,7 k €	-12.7%	59,3 k €	-17.6%	71,9 k €	+7.7%	66,8 k €	-34.8%	102,5 k €	-37.0%	162,8 k €	+48.2%	109,8 k €	+99.0%	55,2 k €	+10.2%	50,1 k €	+860%	-6,6 k €	-105%	132,1 k €	+263%	-80,9 k €	-601%	-11,5 k €	-57.5%	-7,3 k €	+63.5%	-20,1 k €	-234%	-6 k €	-212%	5,4 k €
Net result	64 k €	+4.0%	61,5 k €	-14.4%	71,9 k €	+87.8%	38,3 k €	-28.4%	53,4 k €	-0.5%	53,7 k €	+15.4%	46,5 k €	-36.0%	72,7 k €	-55.0%	161,5 k €	-30.1%	231 k €	+28.9%	179,1 k €	-0.2%	179,4 k €	+61.7%	111 k €	-53.4%	238,3 k €	+3784%	6,1 k €	-94.2%	106 k €	-13.6%	122,8 k €	-14.5%	143,5 k €	-91.4%	1,7 M €	+432%	314,2 k €
Balance sheet
Equity	2 M €	+3.3%	2 M €	+3.2%	1,9 M €	+3.9%	1,8 M €	+2.1%	1,8 M €	+3.1%	1,7 M €	+3.2%	1,7 M €	+2.8%	1,6 M €	-24.2%	2,2 M €	-59.0%	5,3 M €	+4.6%	5 M €	+3.7%	4,9 M €	+3.8%	4,7 M €	+2.4%	4,6 M €	+5.5%	4,3 M €	+0.1%	4,3 M €	+2.5%	4,2 M €	+3.0%	4,1 M €	+4.3%	3,9 M €	+74.3%	2,2 M €
Total assets	2,1 M €	+3.4%	2 M €	+2.8%	1,9 M €	+4.0%	1,9 M €	+2.2%	1,8 M €	+2.7%	1,8 M €	+3.2%	1,7 M €	-24.1%	2,3 M €	+1.9%	2,2 M €	-57.9%	5,3 M €	+4.5%	5 M €	+3.8%	4,9 M €	+3.2%	4,7 M €	-0.5%	4,7 M €	+6.3%	4,5 M €	+3.1%	4,3 M €	+2.5%	4,2 M €	+1.4%	4,2 M €	-3.2%	4,3 M €	+84.0%	2,3 M €
Cash	768,9 k €	+15.9%	663,7 k €	+16.9%	567,7 k €	+28.1%	443,1 k €	+24.8%	355 k €	-15.8%	421,8 k €	+28.9%	327,1 k €	-60.7%	831,8 k €	+48.0%	562,1 k €	-59.8%	1,4 M €	+38.4%	1 M €	+22.0%	827,2 k €	+1.6%	813,9 k €	-20.6%	1 M €	-16.4%	1,2 M €	-33.3%	1,8 M €	+0.2%	1,8 M €	-2.5%	1,9 M €	+4.5%	1,8 M €	+2.8%	1,7 M €
Debts	11,8 k €	+77.5%	6,7 k €	-47.4%	12,7 k €	+384%	2,6 k €	-53.6%	5,6 k €	-49.6%	11,2 k €	+13.5%	9,9 k €	-98.4%	601,4 k €	+1843%	30,9 k €	+327%	7,2 k €	-29.9%	10,3 k €	+154%	4,1 k €	-87.0%	31,2 k €	-81.6%	169,5 k €	+31.2%	129,1 k €	+7620%	1,7 k €	-61.1%	4,3 k €	-92.3%	55,5 k €	-84.2%	352 k €	+503%	58,3 k €

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 · 2 active · 23 ended

Active mandates

Athos Consultancy

Director · since 22 décembre 2023 · until 01 juin 2029 · 0715.964.720

Represented by Koen Hulsbosch

Active

HULSBOSCH HOLDING

Managing director · since 22 décembre 2023 · until 01 juin 2029 · 0890.628.660

Represented by Lode Hulsbosch

Active

Ended mandates

HULSBOSCH HOLDING

Managing director · since 31 décembre 2019 · until 30 mai 2025 · 0890.628.660

Represented by Lode Hulsbosch

Ended

Koen Hulsbosch

Director · since 31 décembre 2019 · until 30 mai 2025

Ended

HULSBOSCH HOLDING

Managing director · since 31 mai 2019 · until 31 mai 2025 · 0890.628.660

Represented by Lode Hulsbosch

Ended

Koen Hulsbosch

Director · since 31 mai 2019 · until 31 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
HULSBOSCH BOUWBEDRIJF● Active	0433.697.490
Hulsbosch btw-eenheid● Active	0834.374.501
HULSBOSCH CONSTRUCTIEBEDRIJF● Active	0436.227.311
HULSBOSCH HOLDING● Active	0890.628.660

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	11/06/2026	11/06/2025	03/07/2024	12/07/2023	01/07/2022	22/04/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	30/06/2023	27/05/2022	26/03/2021
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	05/06/2026	11/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/03/2021	22/04/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	13/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	01/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	15/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	07/08/2007	Dutch	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 · 2 active · 23 ended

Active mandates

Athos Consultancy

Director · since 22 décembre 2023 · until 01 juin 2029 · 0715.964.720

Represented by Koen Hulsbosch

Active

HULSBOSCH HOLDING

Managing director · since 22 décembre 2023 · until 01 juin 2029 · 0890.628.660

Represented by Lode Hulsbosch

Active

Ended mandates

HULSBOSCH HOLDING

Managing director · since 31 décembre 2019 · until 30 mai 2025 · 0890.628.660

Represented by Lode Hulsbosch

Ended

Koen Hulsbosch

Director · since 31 décembre 2019 · until 30 mai 2025

Ended

HULSBOSCH HOLDING

Managing director · since 31 mai 2019 · until 31 mai 2025 · 0890.628.660

Represented by Lode Hulsbosch

Ended

Koen Hulsbosch

Director · since 31 mai 2019 · until 31 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates06/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/09/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other31/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/09/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2003
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 202564 k €↑
2024
Annual accounts 202461,5 k €↓
2023
Annual accounts 202371,9 k €↑
2022
Annual accounts 202238,3 k €↓
2021
Annual accounts 202153,4 k €↓
2020
Annual accounts 202053,7 k €↑
2019
Annual accounts 201946,5 k €↓
2018
Annual accounts 201872,7 k €↓
2017
Annual accounts 2017161,5 k €↓
2016
Annual accounts 2016231 k €↑
2015
Annual accounts 2015179,1 k €↓
2014
Annual accounts 2014179,4 k €↑
2013
Annual accounts 2013111 k €↓
2012
Annual accounts 2012238,3 k €↑
2011
Annual accounts 20116,1 k €↓
2010
Annual accounts 2010106 k €↓
2009
Annual accounts 2009122,8 k €↓
2008
Annual accounts 2008143,5 k €↓
2007
Annual accounts 20071,7 M €↑
2006
Annual accounts 2006314,2 k €
30/12/1991
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

Hulsbosch Beheer

Overview

What does Hulsbosch Beheer 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