ACTIVE

HYco

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Financial year 2025 · closed on 30/06/2025

Net result

-68,7 k €

-193.2% YoY

Gross margin

-4,2 k €

+17.8% YoY

Equity

2,3 M €

-3.0% YoY

What does HYco do?

HYco is a Private limited company incorporated in 1992. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Sint-Martens-Latem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.899.685

Incorporation

20/03/1992

Legal form

Private limited company

Registered office

Latemstraat 171
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Activities (NACE)

74852Other professional, scientific and technical activities· main 85609Educational support activities 85699Educational support activities 74300Translation and interpretation activities 74301Translation and interpretation activities 85599Other education n.e.c.+1

Signals

Solid equityLow riskGood liquidity

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-4,2 k €	+17.8%	-5,1 k €	-16.7%	-4,4 k €	+6.2%	-4,7 k €	-174%	-1,7 k €	+67.3%	-5,2 k €	-177%	6,8 k €	+14.6%	5,9 k €	-61.8%	15,5 k €	+349%	3,4 k €	-80.9%	18,0 k €	-22.3%	23,2 k €	+128%	10,2 k €	-24.0%	13,4 k €	+128%	5,9 k €	+900%	586,7 €	-89.9%	5,8 k €	+91.9%	3,0 k €
EBITDA	-4,4 k €	+18.9%	-5,5 k €	-19.1%	-4,6 k €	+1.2%	-4,7 k €	-174%	-1,7 k €	+67.7%	-5,3 k €	-179%	6,7 k €	+16.0%	5,8 k €	-62.3%	15,3 k €	+363%	3,3 k €	-81.5%	17,9 k €	-22.3%	23,1 k €	+140%	9,6 k €	-26.8%	13,1 k €	+129%	5,7 k €	+1184%	445,9 €	-92.2%	5,7 k €	+98.5%	2,9 k €
Operating result	-4,4 k €	+18.9%	-5,5 k €	-19.1%	-4,6 k €	+1.2%	-4,7 k €	-174%	-1,7 k €	+67.7%	-5,3 k €	-179%	6,7 k €	+16.0%	5,8 k €	-62.3%	15,3 k €	+363%	3,3 k €	-81.5%	17,9 k €	-22.3%	23,1 k €	+140%	9,6 k €	-26.8%	13,1 k €	+129%	5,7 k €	+1184%	445,9 €	-92.2%	5,7 k €	+98.5%	2,9 k €
Net result	-68,7 k €	-193%	73,8 k €	+358%	-28,6 k €	-190%	31,7 k €	+153%	12,5 k €	-99.4%	2,1 M €	+46414%	4,5 k €	+5.3%	4,2 k €	-96.2%	110,4 k €	+3145%	3,4 k €	-67.2%	10,4 k €	-13.0%	11,9 k €	+235%	3,6 k €	-57.5%	8,4 k €	+151%	3,3 k €	+608%	-655,9 €	-113%	5,0 k €	-33.0%	7,5 k €
Balance sheet
Equity	2,3 M €	-3.0%	2,3 M €	-3.2%	2,4 M €	-1.2%	2,4 M €	+1.2%	2,4 M €	+0.5%	2,4 M €	+673%	308,9 k €	+1.5%	304,4 k €	+1.4%	300,2 k €	+3.6%	289,8 k €	+1.2%	286,4 k €	+3.8%	276,0 k €	+4.5%	264,1 k €	+1.4%	260,5 k €	+3.3%	252,1 k €	+1.3%	248,8 k €	-0.3%	249,5 k €	+2.1%	244,5 k €
Total assets	2,3 M €	-3.0%	2,3 M €	-3.1%	2,4 M €	-1.2%	2,4 M €	+1.2%	2,4 M €	+0.6%	2,4 M €	+664%	312,5 k €	+1.5%	307,9 k €	-0.3%	308,9 k €	+6.0%	291,4 k €	-31.6%	426,1 k €	+3.1%	413,5 k €	-16.3%	494,2 k €	+2.7%	481,3 k €	+3.9%	463,4 k €	+2.7%	451,3 k €	+0.4%	449,4 k €	+0.0%	449,4 k €
Cash	255,6 k €	-41.9%	439,6 k €	-28.2%	612,4 k €	-48.0%	1,2 M €	-50.3%	2,4 M €	+0.2%	2,4 M €	+16134%	14,6 k €	+37.5%	10,6 k €	-32.1%	15,6 k €	+2318%	645,9 €	-96.1%	16,5 k €	+97.5%	8,3 k €	+15.2%	7,2 k €	-32.8%	10,8 k €		–		280,1 €	-86.8%	2,1 k €	+73.4%	1,2 k €
Debts	998,5 €	-54.4%	2,2 k €	+65.5%	1,3 k €	+5.7%	1,3 k €	-56.2%	2,9 k €	+234%	855,7 €	-76.6%	3,7 k €	+4.4%	3,5 k €	-59.9%	8,7 k €	+418%	1,7 k €	-98.8%	139,8 k €	+1.7%	137,5 k €	-40.3%	230,1 k €	+4.2%	220,8 k €	+4.5%	211,3 k €	+4.3%	202,5 k €	+1.3%	200,0 k €	-2.0%	204,0 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 30/06/2025 · 1 active · 5 ended

Active mandates

Alexander Dochy

Director · since 29 novembre 1999

Active

Ended mandates

Stephanie Gardner

Director · since 20 mars 1992 · until 26 novembre 2021

Ended

ALEXANDER DOCHY

Director

Ended

ALEXANDER DOCHY

Manager

Ended

STEPHANIE GARDNER

Director

Ended

At this address

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"VERENIGING VAN MEDE-EIGENAARS VAN DE RESIDENTIE RYDER CUP, TE 9830 SINT-MARTENS-LATEM, LATEMSTRAAT 171"● Active	0890.504.045

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/02/2026	05/02/2025	30/01/2024	23/01/2023	28/02/2022	13/01/2021
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	06/02/2026	Dutch	PDF
Abridged model	30/06/2024	29/11/2024	05/02/2025	Dutch	PDF
Abridged model	30/06/2023	24/11/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	23/01/2023	Dutch	PDF
Abridged model	30/06/2021	26/11/2021	28/02/2022	Dutch	PDF
Abridged model	30/06/2020	27/11/2020	13/01/2021	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	10/01/2020	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	11/12/2018	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	20/12/2017	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	27/02/2017	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	14/01/2016	Dutch	PDF
Abridged model	30/06/2014	28/11/2014	22/01/2015	Dutch	PDF
Abridged model	30/06/2013	29/11/2013	11/02/2014	Dutch	PDF
Abridged model	30/06/2012	30/11/2012	14/02/2013	Dutch	PDF
Abridged model	30/06/2011	25/11/2011	14/02/2012	Dutch	PDF
Abridged model	30/06/2010	26/11/2010	27/01/2011	Dutch	PDF
Abridged model	30/06/2009	27/11/2009	29/01/2010	Dutch	PDF
Abridged model	30/06/2008	28/11/2008	12/02/2009	Dutch	PDF
Abridged model	30/06/2007	30/11/2007	21/01/2008	Dutch	PDF
Abridged model	30/06/2006	24/11/2006	29/01/2007	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 30/06/2025 · 1 active · 5 ended

Active mandates

Alexander Dochy

Director · since 29 novembre 1999

Active

Ended mandates

Stephanie Gardner

Director · since 20 mars 1992 · until 26 novembre 2021

Ended

ALEXANDER DOCHY

Director

Ended

ALEXANDER DOCHY

Manager

Ended

STEPHANIE GARDNER

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/06/2021
MAATSCHAPPELIJKE ZETEL
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 2025-68,7 k €↓
2024
Annual accounts 202473,8 k €↑
2023
Annual accounts 2023-28,6 k €↓
2022
Annual accounts 202231,7 k €↑
2020
Annual accounts 202012,5 k €↓
2019
Annual accounts 20192,1 M €↑
2018
Annual accounts 20184,5 k €↑
2017
Annual accounts 20174,2 k €↓
2016
Annual accounts 2016110,4 k €↑
2015
Annual accounts 20153,4 k €↓
2014
Annual accounts 201410,4 k €↓
2013
Annual accounts 201311,9 k €↑
2012
Annual accounts 20123,6 k €↓
2011
Annual accounts 20118,4 k €↑
2010
Annual accounts 20103,3 k €↑
2009
Annual accounts 2009-655,9 €↓
2008
Annual accounts 20085,0 k €↓
2007
Annual accounts 20077,5 k €
20/03/1992
IncorporationPrivate 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

HYco

Overview

What does HYco 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