NORMAL SITUATION

S3H

Financial year 2025 · closed on 16/12/2025
Net result
-7,5 k €
-315.7% YoY
Equity
220 k €
-3.3% YoY

Company — Normal situation.

What does S3H do?

S3H is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.133.205
Legal form
Private company with limited liability
Contributed capital
18 592,01 €
Latest accounts
16/12/2025
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin55,1 k €58,6 k €57,8 k €59,6 k €58,1 k €58,2 k €40,4 k €174,1 k €
EBITDA-12,5 k €-5,4 k €-1,3 k €178,3 k €1 M €387,6 k €-6,5 k €-2,7 k €-6 k €-20,5 k €-7,4 k €49,3 k €53 k €52,8 k €53,2 k €53,1 k €53,5 k €35,8 k €170,7 k €
Operating result-12,5 k €-5,4 k €-1,3 k €178,3 k €1 M €346,2 k €-61,7 k €-57,9 k €-61,2 k €-75,7 k €-20,6 k €36 k €39,8 k €39,5 k €40 k €39,9 k €40,3 k €22,6 k €157,5 k €
Net result-7,5 k €3,5 k €5,1 k €138,4 k €750,7 k €338,8 k €-68 k €-64 k €-66,6 k €-87 k €-35 k €31,6 k €33 k €34,8 k €31,6 k €30,5 k €27,1 k €13,7 k €-260 k €
Balance sheet
Equity220 k €227,5 k €224 k €218,9 k €80,5 k €479,9 k €141 k €209 k €273,1 k €339,6 k €426,6 k €461,6 k €430 k €397,1 k €362,3 k €330,7 k €300,2 k €273,1 k €259,4 k €
Total assets220 k €233,5 k €225,9 k €225 k €1,2 M €1,1 M €676,5 k €732,3 k €784 k €844,4 k €426,6 k €571 k €544,6 k €520,7 k €491,7 k €467,6 k €443,6 k €435,6 k €388,2 k €
Cash14,9 k €23,2 k €14,8 k €19,6 k €70 k €9,6 k €4,2 k €4,5 k €194,1 €6,3 k €168,8 k €2,9 k €460 €188 €669 €194 €15,2 k €2,4 k €4 k €
Debts6 k €1,9 k €6,1 k €1,2 M €661,4 k €535 k €523,3 k €510,5 k €504,8 k €105 k €114,5 k €123,6 k €129,5 k €136,9 k €143,4 k €162,5 k €128,8 k €
Governance

Board of directors

Seen on filing of 16/12/2025 · 2 active · 10 ended

Active mandates

CIRIL

Director · since 26 mai 2021 · until 16 décembre 2025 · 0440.712.768

Represented by Philip Demot

Active
PVMA

Director · since 26 mai 2021 · until 16 décembre 2025 · 0478.898.106

Represented by Pieter Vanhout

Active

Ended mandates

CIRIL

Director · since 26 mai 2021 · until 26 mai 2027 · 0440.712.768

Represented by Philip Demot

Ended
PVMA

Director · since 26 mai 2021 · until 26 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
PVMA

Director · since 26 mai 2021 · until 26 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
DEMOCO GROUP

Manager · since 23 septembre 2015 · until 23 septembre 2021 · 0479.223.847

Represented by Philip Demot

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year16/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/01/202605/06/202513/06/202415/06/202310/06/202215/06/2021
General meeting16/12/202528/05/202529/05/202431/05/202325/05/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

30 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model16/12/202516/12/202515/01/2026DutchPDF
Full model31/12/202428/05/202505/06/2025DutchPDF
Full model31/12/202329/05/202413/06/2024DutchPDF
Full model31/12/202231/05/202315/06/2023DutchPDF
Full model31/12/202125/05/202210/06/2022DutchPDF
Full model31/12/202026/05/202115/06/2021DutchPDF
Full model31/12/201927/05/202024/06/2020DutchPDF
Full model31/12/201829/05/201904/06/2019DutchPDF
Full model31/12/201730/05/201811/06/2018DutchPDF
Full model31/12/201631/05/201726/06/2017DutchPDF
Full model30/09/201523/03/201623/03/2016DutchPDF
Abridged model30/09/201420/04/201530/04/2015FrenchPDF
Abridged model30/09/201314/11/201329/04/2014FrenchPDF
Abridged model30/09/201229/04/201325/05/2013FrenchPDF
Abridged model30/09/201118/04/201230/04/2012FrenchPDF
Abridged model30/09/201019/04/201130/04/2011FrenchPDF
Abridged model30/09/200925/03/201029/04/2010FrenchPDF
Abridged model30/09/200830/04/200930/04/2009FrenchPDF
Abridged model30/09/200721/03/200818/04/2008FrenchPDF
Abridged model30/09/200613/02/200722/03/2007FrenchPDF
Abridged model30/09/200514/02/200616/03/2006FrenchPDF
Abridged model30/09/200408/02/200522/03/2005FrenchPDF
Abridged model30/09/200310/02/200426/03/2004FrenchPDF
Abridged model30/09/200211/02/200326/03/2003FrenchPDF

View all 30 filings

Estimate

Indicative valuation

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 16/12/2025 · 2 active · 10 ended

Active mandates

CIRIL

Director · since 26 mai 2021 · until 16 décembre 2025 · 0440.712.768

Represented by Philip Demot

Active
PVMA

Director · since 26 mai 2021 · until 16 décembre 2025 · 0478.898.106

Represented by Pieter Vanhout

Active

Ended mandates

CIRIL

Director · since 26 mai 2021 · until 26 mai 2027 · 0440.712.768

Represented by Philip Demot

Ended
PVMA

Director · since 26 mai 2021 · until 26 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
PVMA

Director · since 26 mai 2021 · until 26 mai 2027 · 0478.898.106

Represented by Pieter Vanhout

Ended
DEMOCO GROUP

Manager · since 23 septembre 2015 · until 23 septembre 2021 · 0479.223.847

Represented by Philip Demot

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution17/03/2026
    ONTBINDING — SLUITING VEREFFENING
    PDF
  • Mandates17/12/2025
    Benoeming commissaris
    PDF
  • Mandates24/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/11/2016
    BENAMING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office19/11/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/10/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/11/2013
    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

Timeline

  1. 2025
    Annual accounts 2025-7,5 k €
  2. 2024
    Annual accounts 20243,5 k €
  3. 2023
    Annual accounts 20235,1 k €
  4. 2022
    Annual accounts 2022138,4 k €
  5. 2021
    Annual accounts 2021750,7 k €
  6. 2020
    Annual accounts 2020338,8 k €
  7. 2019
    Annual accounts 2019-68 k €
  8. 2018
    Annual accounts 2018-64 k €
  9. 2017
    Annual accounts 2017-66,6 k €
  10. 2016
    Annual accounts 2016-87 k €
  11. 2015
    Annual accounts 2015-35 k €
  12. 2014
    Annual accounts 201431,6 k €
  13. 2013
    Annual accounts 201333 k €
  14. 2012
    Annual accounts 201234,8 k €
  15. 2011
    Annual accounts 201131,6 k €
  16. 2010
    Annual accounts 201030,5 k €
  17. 2009
    Annual accounts 200927,1 k €
  18. 2008
    Annual accounts 200813,7 k €
  19. 2007
    Annual accounts 2007-260 k €