ACTIVE

H.S.B. SERVICE

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Financial year 2025 · Closed on 30/06/2025

Net result49,9 k €-75,1 %over 1 year
Gross margin79,5 k €-17,9 %over 1 year
Equity1,1 M €+4,6 %over 1 year

Identity

Source · BCE/KBO

H.S.B. SERVICE is a Public limited company incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Beersel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.235.011
Incorporation
20/01/1993
Legal form
Public limited company
Registered office
Alsembergsesteenweg 521
1653 Beersel · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin79,5 k €96,8 k €88,6 k €221 k €104,7 k €
EBITDA77,6 k €95,4 k €86,8 k €218,8 k €102,2 k €
Operating result68,2 k €86 k €76,5 k €205,6 k €80,4 k €
Net result49,9 k €200,5 k €484,9 k €144,7 k €56,3 k €
Balance sheet
Equity1,1 M €1,1 M €903,4 k €429,5 k €471,7 k €
Total assets1,5 M €1,5 M €1,5 M €1,5 M €1,8 M €
Cash208,1 k €178,9 k €149 k €19,6 k €41,8 k €
Debts382,9 k €391,6 k €553,1 k €1,1 M €1,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 9 ended

Active mandates

Christophe Smulders

Director · since 24 novembre 2017

Active
Herman Smulders

Managing director · since 20 janvier 1993

Active

Ended mandates

CHRISTOPHE SMULDERS

Director · since 05 juin 2011 · until 05 juin 2017

Ended
HERMAN SMULDERS

Managing director · since 05 juin 2011 · until 05 juin 2017

Ended
CHRISTOPHE SMULDERS

Director · since 01 août 2006 · until 25 novembre 2011

Ended
HERMAN SMULDERS

Managing director · since 25 novembre 2005 · until 25 novembre 2011

Ended

Other companies at this address

Alsembergsesteenweg 521 1653 Beersel
CompanyCBE no.
Christophe SMULDERS● Active
1020.956.276
SMULDERS ROMAIN EN ZONEN● Active
0424.183.572

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/12/202530/01/202528/11/202319/01/202331/01/202201/02/2021
General meeting28/11/202529/11/202424/11/202325/11/202226/11/202127/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202528/11/202517/12/2025DutchPDF
Micro model30/06/202429/11/202430/01/2025DutchPDF
Micro model30/06/202324/11/202328/11/2023DutchPDF
Micro model30/06/202225/11/202219/01/2023DutchPDF
Micro model30/06/202126/11/202131/01/2022DutchPDF
Micro model30/06/202027/11/202001/02/2021DutchPDF
Micro model30/06/201929/11/201925/02/2020DutchPDF
Micro model30/06/201830/11/201817/01/2019DutchPDF
Micro model30/06/201724/11/201729/11/2017DutchPDF
Abridged model30/06/201625/11/201627/01/2017DutchPDF
Abridged model30/06/201527/11/201526/01/2016DutchPDF
Abridged model30/06/201428/11/201408/01/2015DutchPDF
Abridged model30/06/201329/11/201321/02/2014DutchPDF
Abridged model30/06/201230/11/201225/02/2013DutchPDF
Abridged model30/06/201125/11/201125/01/2012DutchPDF
Abridged model30/06/201026/11/201023/12/2010DutchPDF
Abridged model30/06/200927/11/200921/12/2009DutchPDF
Abridged model30/06/200828/11/200805/12/2008DutchPDF
Abridged model30/06/200730/11/200730/11/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 9 ended

Active mandates

Christophe Smulders

Director · since 24 novembre 2017

Active
Herman Smulders

Managing director · since 20 janvier 1993

Active

Ended mandates

CHRISTOPHE SMULDERS

Director · since 05 juin 2011 · until 05 juin 2017

Ended
HERMAN SMULDERS

Managing director · since 05 juin 2011 · until 05 juin 2017

Ended
CHRISTOPHE SMULDERS

Director · since 01 août 2006 · until 25 novembre 2011

Ended
HERMAN SMULDERS

Managing director · since 25 novembre 2005 · until 25 novembre 2011

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/11/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/04/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates04/07/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/11/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202549,9 k €↓
  2. 2024
    Annual accounts 2024200,5 k €↓
  3. 2023
    Annual accounts 2023484,9 k €↑
  4. 2022
    Annual accounts 2022144,7 k €↑
  5. 2021
    Annual accounts 202156,3 k €↑
  6. 2020
    Annual accounts 202029,2 k €↑
  7. 2019
    Annual accounts 201916,5 k €↑
  8. 2018
    Annual accounts 201811 k €↓
  9. 2017
    Annual accounts 201715,7 k €↓
  10. 2016
    Annual accounts 2016144,8 k €↑
  11. 2015
    Annual accounts 2015142,7 k €↑
  12. 2014
    Annual accounts 2014130,5 k €↑
  13. 2013
    Annual accounts 201325,1 k €↓
  14. 2012
    Annual accounts 201239,8 k €↑
  15. 2011
    Annual accounts 201135,3 k €↓
  16. 2010
    Annual accounts 201036,2 k €↑
  17. 2009
    Annual accounts 200935,2 k €↑
  18. 2008
    Annual accounts 200827,4 k €↑
  19. 2007
    Annual accounts 200716 k €
  20. 20/01/1993
    IncorporationPublic limited company