ACTIVE

HSB PRO

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Financial year 2025 · closed on 31/12/2025

Net result

42,3 k €

-18.2% YoY

Gross margin

42,7 k €

-18.3% YoY

Equity

135,4 k €

+45.4% YoY

What does HSB PRO do?

HSB PRO is a Private limited company incorporated in 1996. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Lievegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.276.401

Incorporation

20/06/1996

Legal form

Private limited company

Registered office

Kruisstraat 30
9930 Lievegem · FlandreSee on map

Contributed capital

24 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

47521Retail sale of hardware, paints and glass in specialised stores· main 47521Retail sale of hardware, paints and glass in specialised stores 52461Warehousing and support activities for transportation

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	42,7 k €	-18.3%	52,3 k €	+243%	15,2 k €	-28.1%	21,2 k €	-6.1%	22,6 k €	-33.7%	34,1 k €	+416%	6,6 k €	-89.9%	65,4 k €	-77.0%	284,7 k €	-26.3%	386,4 k €	+22.9%	314,5 k €	+27.5%	246,6 k €	-14.5%	288,4 k €	+37.6%	209,6 k €	+2377%	8,5 k €	-78.2%	38,9 k €	-39.7%	64,5 k €	+44.7%	44,6 k €	+98.3%	22,5 k €
EBITDA	42,3 k €	-18.3%	51,8 k €	+255%	14,6 k €	+167%	-21,9 k €	-201%	21,6 k €	-35.7%	33,6 k €	+883%	3,4 k €	+115%	-22,2 k €	+82.0%	-123,6 k €	-415%	39,2 k €	+30.5%	30,1 k €	+67.5%	17,9 k €	-7.9%	19,5 k €	-63.8%	53,8 k €	+438%	10 k €	-15.9%	11,9 k €	+11.6%	10,7 k €	-59.4%	26,3 k €	+27.2%	20,7 k €
Operating result	42,3 k €	-18.3%	51,8 k €	+255%	14,6 k €	+167%	-21,9 k €	-221%	18 k €	-40.0%	30 k €	+5801%	-526,6 €	+98.2%	-28,8 k €	+77.9%	-130,7 k €	-540%	29,7 k €	+78.3%	16,7 k €	+251%	4,7 k €	-53.8%	10,3 k €	-75.7%	42,2 k €	+529%	6,7 k €	-22.0%	8,6 k €	+32.0%	6,5 k €	-71.8%	23,1 k €	+101%	11,5 k €
Net result	42,3 k €	-18.2%	51,7 k €	+250%	14,8 k €	+168%	-21,9 k €	-223%	17,9 k €	-40.3%	29,9 k €	+5612%	-542,7 €	+98.3%	-31,4 k €	-252%	20,7 k €	+431%	3,9 k €	+177%	-5,1 k €	-776%	748,5 €	-76.1%	3,1 k €	-60.1%	7,9 k €	+247%	-5,3 k €	-580%	-786,9 €	-4759%	16,9 €	-99.9%	17,5 k €	+219%	5,5 k €
Balance sheet
Equity	135,4 k €	+45.4%	93,1 k €	+125%	41,3 k €	+55.7%	26,5 k €	-45.2%	48,4 k €	+58.4%	30,6 k €	+4455%	671,5 €	-44.7%	1,2 k €	-96.3%	32,6 k €	+173%	11,9 k €	+48.5%	8 k €	-38.6%	13,1 k €	+6.1%	12,3 k €	+34.0%	9,2 k €	+579%	1,4 k €	-79.8%	6,7 k €	-10.5%	7,5 k €	+0.2%	7,5 k €	+175%	-10 k €
Total assets	212,2 k €	+51.3%	140,3 k €	+53.2%	91,6 k €	+29.4%	70,7 k €	-48.8%	138,2 k €	-48.5%	268,4 k €	+10.3%	243,3 k €	-2.4%	249,4 k €	-58.0%	593,3 k €	+27.9%	463,8 k €	+46.8%	315,9 k €	+11.1%	284,2 k €	+10.6%	256,9 k €	+3.1%	249,2 k €	+57.0%	158,7 k €	-12.5%	181,4 k €	-48.2%	349,9 k €	+47.0%	238,1 k €	+60.6%	148,2 k €
Cash	191,1 k €	+51.3%	126,3 k €	+210%	40,7 k €	+62.4%	25,1 k €	-70.1%	83,8 k €	-40.9%	141,8 k €	+425%	27 k €	+55.0%	17,4 k €		–		17,9 k €	+1368%	1,2 k €	-1.5%	1,2 k €	+90.8%	648,3 €	-96.4%	18,1 k €	+8845%	202,7 €	+27.7%	158,7 €	-93.7%	2,5 k €	-71.7%	8,9 k €	+301%	2,2 k €
Debts	76,9 k €	+62.8%	47,2 k €	-6.0%	50,2 k €	+13.6%	44,2 k €	-50.8%	89,8 k €	-62.3%	237,9 k €	-2.0%	242,6 k €	-2.2%	248,2 k €	-55.7%	560,6 k €	+24.1%	451,9 k €	+46.8%	307,9 k €	+13.6%	271,1 k €	+10.9%	244,6 k €	+1.9%	240 k €	+52.5%	157,4 k €	-9.9%	174,7 k €	-49.0%	342,4 k €	+48.5%	230,6 k €	+45.7%	158,3 k €
Other
Workforce	–		–		–		–		–		–		–		2,3 ETP	-65.7%	6,7 ETP	0.0%	6,7 ETP	+26.4%	5,3 ETP	+23.3%	4,3 ETP	-20.4%	5,4 ETP	+135%	2,3 ETP		–		0,7 ETP	-61.1%	1,8 ETP	+500%	0,3 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Veronique Rijckaert

Administrator - manager · since 23 février 2018

Active

Ended mandates

Nico Van De Keere

Manager · since 15 décembre 2010

Ended

Annelies Van Wiemeersch

Manager · until 23 février 2018

Ended

Annelies Van Wiemeersch

Manager

Ended

Nico Van de Keere

Manager · until 23 février 2018

Ended

At this address

Other companies at this address

Company	CBE no.
Dubois Houtskeletbouw● Active	0476.849.822

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	27/08/2025	25/09/2024	24/11/2023	30/08/2022	25/10/2021
General meeting	27/06/2026	28/06/2025	30/06/2024	08/11/2023	11/08/2022	14/10/2021
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
Micro model	31/12/2025	27/06/2026	27/08/2026	Dutch	PDF
Micro model	31/12/2024	28/06/2025	27/08/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	25/09/2024	Dutch	PDF
Abridged model	31/12/2022	08/11/2023	24/11/2023	Dutch	PDF
Abridged model	31/12/2021	11/08/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/10/2021	25/10/2021	Dutch	PDF
Abridged model	31/12/2019	23/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2018	30/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	27/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	10/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	30/07/2013	Dutch	PDF
Abridged model	30/06/2011	05/12/2011	17/02/2012	Dutch	PDF
Abridged model	30/06/2010	06/12/2010	22/02/2011	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	06/01/2010	Dutch	PDF
Abridged model	30/06/2008	01/12/2008	11/12/2008	Dutch	PDF
Abridged model	30/06/2007	03/12/2007	03/01/2008	Dutch	PDF
Abridged modelCorrection	30/06/2006	04/12/2006	03/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Veronique Rijckaert

Administrator - manager · since 23 février 2018

Active

Ended mandates

Nico Van De Keere

Manager · since 15 décembre 2010

Ended

Annelies Van Wiemeersch

Manager · until 23 février 2018

Ended

Annelies Van Wiemeersch

Manager

Ended

Nico Van de Keere

Manager · until 23 février 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/09/2022
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2012
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates15/02/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/01/2008
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/10/2005
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202542,3 k €↓
2024
Annual accounts 202451,7 k €↑
2023
Annual accounts 202314,8 k €↑
2022
Annual accounts 2022-21,9 k €↓
2022
Name changeHSB PRO
2021
Annual accounts 202117,9 k €↓
2021
Name changeVDK INTERIOR
2020
Annual accounts 202029,9 k €↑
2019
Annual accounts 2019-542,7 €↑
2018
Annual accounts 2018-31,4 k €↓
2017
Annual accounts 201720,7 k €↑
2016
Annual accounts 20163,9 k €↑
2015
Annual accounts 2015-5,1 k €↓
2014
Annual accounts 2014748,5 €↓
2013
Annual accounts 20133,1 k €↓
2012
Annual accounts 20127,9 k €↑
2011
Annual accounts 2011-5,3 k €↓
2010
Annual accounts 2010-786,9 €↓
2009
Annual accounts 200916,9 €↓
2008
Annual accounts 200817,5 k €↑
2007
Annual accounts 20075,5 k €
20/06/1996
IncorporationPrivate 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

HSB PRO

Overview

What does HSB PRO do?

Trend over 19 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