ACTIVE

H - AD REM

Financial year 2025 · Closed on 31/03/2025

Net result-5,4 k €-104,9 %over 1 year
Gross margin10,4 k €-93,6 %over 1 year
Equity262,7 k €-2,0 %over 1 year

Identity

Source · BCE/KBO

H - AD REM is a Public limited company incorporated in 1996. Its registered office is in Lievegem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.533.459
Incorporation
18/03/1996
Legal form
Public limited company
Registered office
Parklaan(RON) 22B
9932 Lievegem · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/03/2025
Signals
Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin10,4 k €162 k €1,8 k €18,6 k €23,4 k €
EBITDA7,2 k €159,4 k €-2,7 k €14,9 k €17,4 k €
Operating result-7,2 k €145,3 k €-22,3 k €-4,7 k €-2,4 k €
Net result-5,4 k €110,8 k €-21,3 k €-6,2 k €-4,1 k €
Balance sheet
Equity262,7 k €268,1 k €157,3 k €178,6 k €184,7 k €
Total assets563,7 k €817,3 k €696,6 k €731,8 k €750,3 k €
Cash9,3 k €242 k €4,1 k €24,3 k €27,6 k €
Debts186 k €432,2 k €456,1 k €468,1 k €481 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

2 active · 10 ended

Active mandates

Eddy Neirinckx

Mandate

Active
Geertrui Algoet

Mandate

Active

Ended mandates

Eddy Neirinckx

Director · since 25 septembre 2019 · until 25 septembre 2025

Ended
Geertrui Algoet

Director · since 25 septembre 2019 · until 25 septembre 2025

Ended
Eddy Neirinckx

Director · since 25 septembre 2013 · until 25 septembre 2019

Ended
Geertrui Algoet

Managing director · since 25 septembre 2013 · until 25 septembre 2019

Ended

Other companies at this address

Parklaan(RON) 22B 9932 Lievegem
CompanyCBE no.
BRANDWERK● Active
1032.696.048
0449.157.906

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date06/11/202528/09/202413/10/202310/10/202229/10/202130/10/2020
General meeting25/09/202528/09/202430/09/202325/09/202225/09/202125/09/2020
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 model31/03/202525/09/202506/11/2025DutchPDF
Abridged model31/03/202428/09/202428/09/2024DutchPDF
Abridged model31/03/202330/09/202313/10/2023DutchPDF
Abridged model31/03/202225/09/202210/10/2022DutchPDF
Abridged model31/03/202125/09/202129/10/2021DutchPDF
Abridged model31/03/202025/09/202030/10/2020DutchPDF
Abridged model31/03/201925/09/201931/10/2019DutchPDF
Abridged model31/03/201825/09/201831/10/2018DutchPDF
Abridged model31/03/201725/09/201723/11/2017DutchPDF
Abridged model31/03/201625/09/201615/11/2016DutchPDF
Abridged model31/03/201525/09/201529/09/2015DutchPDF
Abridged model31/03/201425/09/201420/10/2014DutchPDF
Abridged model31/03/201325/09/201310/10/2013DutchPDF
Abridged model31/03/201225/09/201202/10/2012DutchPDF
Abridged model31/03/201125/09/201129/09/2011DutchPDF
Abridged model31/03/201025/09/201027/09/2010DutchPDF
Abridged model31/03/200925/09/200928/09/2009DutchPDF
Abridged model31/03/200825/09/200826/09/2008DutchPDF
Abridged model31/03/200725/09/200715/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/03/2025

2 active · 10 ended

Active mandates

Eddy Neirinckx

Mandate

Active
Geertrui Algoet

Mandate

Active

Ended mandates

Eddy Neirinckx

Director · since 25 septembre 2019 · until 25 septembre 2025

Ended
Geertrui Algoet

Director · since 25 septembre 2019 · until 25 septembre 2025

Ended
Eddy Neirinckx

Director · since 25 septembre 2013 · until 25 septembre 2019

Ended
Geertrui Algoet

Managing director · since 25 septembre 2013 · until 25 septembre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other28/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates22/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2007
    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 2025-5,4 k €↓
  2. 2024
    Annual accounts 2024110,8 k €↑
  3. 2023
    Annual accounts 2023-21,3 k €↓
  4. 2022
    Annual accounts 2022-6,2 k €↓
  5. 2021
    Annual accounts 2021-4,1 k €↓
  6. 2020
    Annual accounts 2020-3,3 k €↑
  7. 2019
    Annual accounts 2019-5,2 k €↑
  8. 2018
    Annual accounts 2018-5,4 k €↑
  9. 2017
    Annual accounts 2017-12,1 k €↑
  10. 2016
    Annual accounts 2016-19 k €↑
  11. 2015
    Annual accounts 2015-29,1 k €↓
  12. 2014
    Annual accounts 201476,9 k €↑
  13. 2013
    Annual accounts 201345,7 k €↑
  14. 2012
    Annual accounts 2012-8,8 k €↓
  15. 2011
    Annual accounts 201140,6 k €↑
  16. 2010
    Annual accounts 2010-4,7 k €↓
  17. 2009
    Annual accounts 20094,9 k €↑
  18. 2008
    Annual accounts 2008385,2 €↑
  19. 2007
    Annual accounts 2007-1,2 k €
  20. 18/03/1996
    IncorporationPublic limited company