ACTIVE

HERTOGEN

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Financial year 2025 · Closed on 31/12/2025

Net result64,8 k €-5,3 %over 1 year
Gross margin209 k €-1,4 %over 1 year
Equity2,3 M €-6,9 %over 1 year

Identity

Source · BCE/KBO

HERTOGEN is a Public limited company incorporated in 1994. Its main activity is: Buying and selling of own real estate. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0452.717.311
Incorporation
20/05/1994
Legal form
Public limited company
Registered office
Moerstraat 28
8000 Brugge · FlandreSee on map
Contributed capital
1 345 348,77 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin209 k €212 k €204,9 k €201,2 k €186,3 k €
EBITDA189,6 k €193,2 k €187 k €185,6 k €171,2 k €
Operating result90,7 k €92,9 k €87,5 k €87,2 k €74,2 k €
Net result64,8 k €68,5 k €64,1 k €57,1 k €32 k €
Balance sheet
Equity2,3 M €2,4 M €2,4 M €2,3 M €2,3 M €
Total assets2,3 M €2,7 M €2,6 M €2,6 M €2,5 M €
Cash48,1 k €286,2 k €138,1 k €249,5 k €84,5 k €
Debts75,9 k €253,1 k €256,8 k €245,9 k €233,1 k €

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 31/12/2025

3 active · 24 ended

Active mandates

Annick Saelen

Director · since 18 février 2020 · until 04 juin 2032

Active
J.P.S. CONSULT

Director · since 18 février 2020 · until 04 juin 2032 · 0426.118.030

Represented by Saelen Jean-Pierre

Active
Katrien Desimpel

Director · since 18 février 2020 · until 04 juin 2032

Active

Ended mandates

Annick Saelen

Director · since 18 février 2020 · until 05 juin 2026

Ended
J.P.S. CONSULT

Director · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Saelen JEAN-PIERRE

Ended
J.P.S. CONSULT

Director · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Jean-Pierre Saelen

Ended
J.P.S. CONSULT

bestuurder · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Jean-Pierre Saelen

Ended

Other companies at this address

Moerstraat 28 8000 Brugge
CompanyCBE no.
BELFIMMO● Active
0453.271.991
J.P.S. CONSULT● Active
0426.118.030
SAELDES● Active
0729.905.895
Sedecom● Liquidation
0405.138.910
WITTE MOLEN PARK● Active
0555.747.444

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202623/06/202526/06/202405/07/202320/07/202207/07/2021
General meeting05/06/202606/06/202507/06/202414/06/202330/06/202228/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202626/06/2026DutchPDF
Abridged model31/12/202406/06/202523/06/2025DutchPDF
Abridged model31/12/202307/06/202426/06/2024DutchPDF
Abridged model31/12/202214/06/202305/07/2023DutchPDF
Abridged model31/12/202130/06/202220/07/2022DutchPDF
Abridged model31/12/202028/06/202107/07/2021DutchPDF
Abridged model31/12/201930/06/202028/07/2020DutchPDF
Abridged model31/12/201826/06/201919/07/2019DutchPDF
Abridged model31/12/201725/06/201811/07/2018DutchPDF
Abridged model31/12/201623/06/201714/07/2017DutchPDF
Abridged model31/12/201524/06/201628/07/2016DutchPDF
Abridged model31/12/201430/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201425/07/2014DutchPDF
Abridged model31/12/201207/06/201329/08/2013DutchPDF
Abridged model31/12/201101/06/201228/08/2012DutchPDF
Abridged model31/12/201003/06/201120/09/2011DutchPDF
Abridged model31/12/200904/06/201028/07/2010DutchPDF
Abridged model31/12/200805/06/200912/10/2009DutchPDF
Abridged model31/12/200716/06/200806/10/2008DutchPDF
Abridged model31/12/200619/06/200729/08/2007DutchPDF

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 31/12/2025

3 active · 24 ended

Active mandates

Annick Saelen

Director · since 18 février 2020 · until 04 juin 2032

Active
J.P.S. CONSULT

Director · since 18 février 2020 · until 04 juin 2032 · 0426.118.030

Represented by Saelen Jean-Pierre

Active
Katrien Desimpel

Director · since 18 février 2020 · until 04 juin 2032

Active

Ended mandates

Annick Saelen

Director · since 18 février 2020 · until 05 juin 2026

Ended
J.P.S. CONSULT

Director · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Saelen JEAN-PIERRE

Ended
J.P.S. CONSULT

Director · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Jean-Pierre Saelen

Ended
J.P.S. CONSULT

bestuurder · since 18 février 2020 · until 05 juin 2026 · 0426.118.030

Represented by Jean-Pierre Saelen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates25/02/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/10/2013
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office06/02/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares04/01/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates27/10/2009
    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 202564,8 k €↓
  2. 2024
    Annual accounts 202468,5 k €↑
  3. 2023
    Annual accounts 202364,1 k €↑
  4. 2022
    Annual accounts 202257,1 k €↑
  5. 2021
    Annual accounts 202132 k €↓
  6. 2018
    Annual accounts 2018332,1 k €↑
  7. 2017
    Annual accounts 201776,4 k €↓
  8. 2016
    Annual accounts 201691 k €↑
  9. 2015
    Annual accounts 201538 k €↑
  10. 2014
    Annual accounts 201428,9 k €↓
  11. 2013
    Annual accounts 201336 k €↑
  12. 2012
    Annual accounts 2012-38,6 k €↓
  13. 2011
    Annual accounts 201147 k €↑
  14. 2010
    Annual accounts 2010-39,4 k €↓
  15. 2009
    Annual accounts 20095,2 k €↑
  16. 2008
    Annual accounts 2008-2,9 k €↑
  17. 2007
    Annual accounts 2007-15,6 k €↓
  18. 2006
    Annual accounts 2006-13 k €
  19. 20/05/1994
    IncorporationPublic limited company