ACTIVE

HOLGO

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Financial year 2024 · closed on 31/12/2024

Net result

151,7 k €

-89.9% YoY

Gross margin

1,6 M €

-49.0% YoY

Equity

1,7 M €

-2.1% YoY

Workforce

9,5 ETP

+6.7% YoY

What does HOLGO do?

HOLGO is a Public limited company incorporated in 1995. Its main activity is: Construction of roads and motorways. Its registered office is in Boortmeerbeek. It employs on average 9,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.392.432

Incorporation

12/06/1995

Legal form

Public limited company

Registered office

Leuvensesteenweg 288
3190 Boortmeerbeek · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2024

Average workforce

9,5 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 45230Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	-49.0%	3,1 M €	+118%	1,4 M €	+48.4%	959,7 k €	-49.4%	1,9 M €	+45.1%	1,3 M €	+19.3%	1,1 M €	+19.4%	917,6 k €	-5.2%	968,3 k €	-23.9%	1,3 M €	+13.3%	1,1 M €	-29.4%	1,6 M €	+35.8%	1,2 M €	+23.2%	949,7 k €	+5.9%	897 k €	+2.6%	873,9 k €	-11.3%	984,7 k €
EBITDA	763,8 k €	-68.5%	2,4 M €	+243%	707,8 k €	+35.8%	521,2 k €	-58.1%	1,2 M €	+41.4%	880,5 k €	+21.9%	722,2 k €	+34.2%	538,1 k €	+4.8%	513,4 k €	-29.5%	728,7 k €	+28.5%	567,2 k €	-35.9%	884,5 k €	+32.1%	669,8 k €	+22.2%	548 k €	+10.5%	495,7 k €	+27.5%	388,7 k €	-26.8%	530,7 k €
Operating result	210,5 k €	-88.9%	1,9 M €	+527%	303,9 k €	+134%	130 k €	-65.4%	375,9 k €	-13.2%	433,1 k €	+282%	113,4 k €	+276%	30,1 k €	+117%	-177,9 k €	-444%	51,7 k €	+124%	-215 k €	-1885%	-10,8 k €	-111%	99,2 k €	+33.2%	74,5 k €	+29.6%	57,5 k €	+147%	-123,5 k €	-255%	79,9 k €
Net result	151,7 k €	-89.9%	1,5 M €	+818%	164,1 k €	+30.8%	125,5 k €	-65.3%	361,4 k €	+28.0%	282,3 k €	+232%	85,1 k €	+142%	35,1 k €	-69.2%	113,9 k €	+498%	19 k €	+148%	-39,4 k €	-193%	42,1 k €	-46.7%	79,1 k €	+32.0%	59,9 k €	+0.1%	59,8 k €	-7.0%	64,4 k €	+64.3%	39,2 k €
Balance sheet
Equity	1,7 M €	-2.1%	1,7 M €	+264%	476,6 k €	-73.4%	1,8 M €	-0.3%	1,8 M €	+26.1%	1,4 M €	+24.5%	1,1 M €	+3.0%	1,1 M €	+1.6%	1,1 M €	+11.4%	982,2 k €	-2.3%	1 M €	-4.0%	1 M €	+3.9%	1 M €	+8.2%	932,1 k €	+6.5%	875 k €	+7.0%	817,6 k €	+7.5%	760,6 k €
Total assets	6,4 M €	+35.5%	4,7 M €	+56.1%	3 M €	+14.6%	2,6 M €	-38.0%	4,2 M €	+42.0%	3 M €	+18.9%	2,5 M €	-3.6%	2,6 M €	-17.4%	3,1 M €	+7.7%	2,9 M €	-14.2%	3,4 M €	-13.3%	3,9 M €	+51.5%	2,6 M €	+9.8%	2,4 M €	+3.8%	2,3 M €	-12.2%	2,6 M €	+4.2%	2,5 M €
Cash	376,3 k €	-20.9%	475,6 k €	-21.2%	603,8 k €	-16.1%	719,3 k €	-35.1%	1,1 M €	+52.1%	728,5 k €	+64.2%	443,7 k €	-13.5%	513,2 k €	+66.7%	307,8 k €	+22.9%	250,5 k €	-40.2%	418,9 k €	+14.0%	367,5 k €	+67.0%	220,1 k €	+37.5%	160 k €	+49.6%	107 k €	+52.3%	70,3 k €	-70.2%	236 k €
Debts	4,1 M €	+70.9%	2,4 M €	+2.3%	2,4 M €	+207%	767,7 k €	-66.4%	2,3 M €	+66.1%	1,4 M €	+8.1%	1,3 M €	-8.6%	1,4 M €	-28.3%	1,9 M €	+3.2%	1,9 M €	-19.4%	2,3 M €	-16.2%	2,8 M €	+85.1%	1,5 M €	+12.3%	1,3 M €	+3.0%	1,3 M €	-21.7%	1,7 M €	+1.8%	1,6 M €
Other
Workforce	9,5 ETP	+6.7%	8,9 ETP	-15.2%	10,5 ETP	+8.2%	9,7 ETP	-21.1%	12,3 ETP	+57.7%	7,8 ETP	-3.7%	8,1 ETP	-1.2%	8,2 ETP	-14.6%	9,6 ETP	-22.6%	12,4 ETP	+1.6%	12,2 ETP	-15.9%	14,5 ETP	+18.9%	12,2 ETP	+19.6%	10,2 ETP	+6.2%	9,6 ETP	-17.9%	11,7 ETP	+0.9%	11,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 35 ended

Active mandates

CMG INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0643.992.007

Represented by Verhaeren CHRISTIAN

Active

GVE INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0779.689.463

Represented by Verhaeren GORAN

Active

MV INVEST

Persoon belast met dagelijks bestuur · since 10 janvier 2022 · until 09 janvier 2028 · 0830.776.987

Represented by Verhaeren MICHIEL

Active

Ended mandates

CMG INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0643.992.007

Represented by Verhaeren CHRISTIAN

Ended

CMG INVEST

Director · since 10 janvier 2022 · until 10 février 2028 · 0643.992.007

Represented by Christian Verhaeren

Ended

CMG INVEST

Director · since 10 janvier 2022 · 0643.992.007

Represented by Christian Verhaeren

Ended

GVE INVEST

Director · since 10 janvier 2022 · until 10 janvier 2028 · 0779.689.463

Represented by Goran Verhaeren

Ended

At this address

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TOP WORKERS● Active	1026.804.881

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/10/2025	31/07/2024	27/07/2023	27/06/2022	12/05/2021	27/03/2020
General meeting	30/06/2025	30/06/2024	30/06/2023	30/05/2022	16/04/2021	17/03/2020
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 modelCorrection	31/12/2024	30/06/2025	14/10/2025	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	19/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	16/04/2021	12/05/2021	Dutch	PDF
Abridged model	31/12/2019	17/03/2020	27/03/2020	Dutch	PDF
Abridged model	31/12/2018	30/04/2019	21/05/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	12/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	04/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	08/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	10/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2024 · 3 active · 35 ended

Active mandates

CMG INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0643.992.007

Represented by Verhaeren CHRISTIAN

Active

GVE INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0779.689.463

Represented by Verhaeren GORAN

Active

MV INVEST

Persoon belast met dagelijks bestuur · since 10 janvier 2022 · until 09 janvier 2028 · 0830.776.987

Represented by Verhaeren MICHIEL

Active

Ended mandates

CMG INVEST

Director · since 10 janvier 2022 · until 09 janvier 2028 · 0643.992.007

Represented by Verhaeren CHRISTIAN

Ended

CMG INVEST

Director · since 10 janvier 2022 · until 10 février 2028 · 0643.992.007

Represented by Christian Verhaeren

Ended

CMG INVEST

Director · since 10 janvier 2022 · 0643.992.007

Represented by Christian Verhaeren

Ended

GVE INVEST

Director · since 10 janvier 2022 · until 10 janvier 2028 · 0779.689.463

Represented by Goran Verhaeren

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/10/2023
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares19/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates26/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/11/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/11/2011
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates01/09/2008
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

2024
Annual accounts 2024151,7 k €↓
2023
Annual accounts 20231,5 M €↑
2022
Annual accounts 2022164,1 k €↑
2021
Annual accounts 2021125,5 k €↓
2018
Annual accounts 2018361,4 k €↑
2017
Annual accounts 2017282,3 k €↑
2016
Annual accounts 201685,1 k €↑
2015
Annual accounts 201535,1 k €↓
2014
Annual accounts 2014113,9 k €↑
2013
Annual accounts 201319 k €↑
2012
Annual accounts 2012-39,4 k €↓
2011
Annual accounts 201142,1 k €↓
2010
Annual accounts 201079,1 k €↑
2009
Annual accounts 200959,9 k €↑
2008
Annual accounts 200859,8 k €↓
2007
Annual accounts 200764,4 k €↑
2006
Annual accounts 200639,2 k €
12/06/1995
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

HOLGO

Overview

What does HOLGO do?

Trend over 17 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