ACTIVE

HYLINE

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Financial year 2025 · closed on 31/12/2025

Net result

-3,4 M €

-918.9% YoY

Revenue

21,6 M €

+53.7% YoY

Equity

2,5 M €

+5367.0% YoY

Workforce

75,6 ETP

-0.8% YoY

What does HYLINE do?

HYLINE is a Public limited company incorporated in 1997. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Gent. It employs on average 75,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.856.995

Incorporation

13/06/1997

Legal form

Public limited company

Registered office

Booiebos 27
9031 Gent · FlandreSee on map

Contributed capital

1 700 000,00 €

Latest accounts

31/12/2025

Average workforce

75,6 ETP

Activities (NACE)

24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel· main 24200Manufacture of tubes, pipes, hollow profiles and related fittings, of steel 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment 51873Air transport

Joint committees (3)

14904
200
218

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2021		2020		2019		2018		2017		2016		2015		2013		2012		2011		2010		2009		2007
Income statement
Revenue	21,6 M €	+53.7%	14,1 M €	-12.9%	16,1 M €	-32.2%	23,8 M €	+75.1%	13,6 M €	-26.2%	18,4 M €	+25.4%	14,7 M €	+162%	5,6 M €	-51.4%	11,5 M €	+28.8%	9 M €	+132%	3,9 M €	-57.4%	9,1 M €	+35.8%	6,7 M €		–
EBITDA	-2,8 M €	-421%	883,2 k €	+366%	-332,6 k €	-227%	261,2 k €	+0.1%	261 k €	+128%	-927,7 k €	-528%	216,5 k €	+493%	36,5 k €	-85.0%	243,3 k €	+14093%	1,7 k €	+100%	-889,8 k €	+13.4%	-1 M €	-442%	300,4 k €	-15.4%	355,1 k €
Operating result	-3 M €	-601%	608,3 k €	+205%	-580,8 k €	-891%	73,4 k €	+221%	-60,9 k €	+94.6%	-1,1 M €	-644%	206,9 k €	+481%	-54,3 k €	-158%	93 k €	+132%	-289,6 k €	+78.5%	-1,3 M €	+4.3%	-1,4 M €	-1580%	95 k €	-60.1%	237,8 k €
Net result	-3,4 M €	-919%	416,5 k €	+163%	-656,9 k €	-48037%	1,4 k €	+101%	-123,1 k €	+89.3%	-1,1 M €	-1000%	127,6 k €	-15.3%	150,6 k €	+789%	16,9 k €	+105%	-372,6 k €	+73.9%	-1,4 M €	-28.5%	-1,1 M €	-2732%	42,3 k €	-67.9%	131,8 k €
Balance sheet
Equity	2,5 M €	+5367%	-47,7 k €	+89.7%	-464,1 k €	-352%	184 k €	+0.8%	182,6 k €	-40.3%	305,7 k €	-32.6%	453,8 k €	+39.1%	326,2 k €	-18.7%	401,3 k €	+117%	-2,3 M €	-19.1%	-2 M €	-273%	-524 k €	-189%	588,2 k €	+31.2%	448,2 k €
Total assets	14,9 M €	+20.3%	12,4 M €	+78.6%	6,9 M €	-7.9%	7,5 M €	+10.2%	6,8 M €	-55.1%	15,2 M €	-22.1%	19,6 M €	+41.3%	13,9 M €	-8.0%	15,1 M €	+38.0%	10,9 M €	-4.2%	11,4 M €	+63.8%	7 M €	-27.4%	9,6 M €	-18.8%	11,8 M €
Cash	973,1 k €	+10.3%	882,6 k €	+47.8%	597,2 k €	-17.6%	724,6 k €	+6.1%	682,9 k €	-33.7%	1 M €	+45.2%	709,1 k €	+87.4%	378,4 k €	-59.8%	941,3 k €	+163%	358,3 k €	-45.7%	660,1 k €	+563%	99,6 k €	-14.4%	116,4 k €	-83.3%	695,1 k €
Debts	12,4 M €	-0.3%	12,5 M €	+68.0%	7,4 M €	+0.7%	7,4 M €	+10.4%	6,7 M €	-55.4%	14,9 M €	-21.8%	19,1 M €	+41.3%	13,5 M €	-7.7%	14,7 M €	+10.7%	13,2 M €	+0.2%	13,2 M €	+76.5%	7,5 M €	-16.8%	9 M €	-20.8%	11,3 M €
Other
Workforce	75,6 ETP	-0.8%	76,2 ETP	+13.1%	67,4 ETP	-0.1%	67,5 ETP	+4.5%	64,6 ETP	-2.3%	66,1 ETP	+9.6%	60,3 ETP	+23.1%	49,0 ETP	+4.3%	47,0 ETP	0.0%	47,0 ETP	-1.1%	47,5 ETP	-1.2%	48,1 ETP	-11.3%	54,2 ETP	+0.4%	54,0 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 31/12/2025 · 3 active · 37 ended

Active mandates

Thibaut LEINEKUGEL LE COCQ

Chairman of the board of directors · since 01 janvier 2025 · until 13 mai 2031

Active

Jean-Marc PLUYMERS

Director · since 18 décembre 2023 · until 08 mai 2029

Active

TECHNOLOGY HIGH PURITY

Director · since 18 décembre 2023 · until 31 mai 2025 · 0829.523.016

Represented by Jurgen VANDE VELDE

Active

Ended mandates

EIFFAGE ENERGIE SYSTEMES - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Pierre Guilleminot

Ended

EIFFAGE ENERGIE SYSTEMES - GAME INGENIERIE SAS

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Philippe Bernard EBMEYER

Ended

EIFFAGE ENERGIE SYSTEMS - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2021

Represented by Pierre GUILLEMINOT

Ended

EIFFAGE ENERGIE SYSTEMS - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Pierre GUILLEMINOT

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	08/07/2026	12/09/2025	08/10/2024	11/01/2024	23/10/2023	09/05/2023
General meeting	23/06/2026	05/09/2025	30/09/2024	18/12/2023	15/10/2023	03/04/2023
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
Full model	31/12/2025	23/06/2026	08/07/2026	Dutch	PDF
Full model	31/12/2024	05/09/2025	12/09/2025	Dutch	PDF
Full model	31/12/2023	30/09/2024	08/10/2024	French	PDF
Full model	31/12/2022	18/12/2023	11/01/2024	Dutch	PDF
Full model	31/12/2021	15/10/2023	23/10/2023	Dutch	PDF
Full model	31/12/2020	03/04/2023	09/05/2023	Dutch	PDF
Full model	31/12/2019	23/09/2021	29/09/2022	Dutch	PDF
Full model	31/12/2018	15/07/2020	24/08/2020	Dutch	PDF
Full model	31/12/2017	25/06/2018	18/09/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	04/08/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	04/08/2016	Dutch	PDF
Full model	31/12/2014	29/06/2015	11/08/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Full model	31/12/2012	24/06/2013	24/07/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	09/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	02/08/2011	Dutch	PDF
Full model	30/09/2009	29/03/2010	19/04/2010	Dutch	PDF
Full model	30/09/2008	30/03/2009	05/05/2009	Dutch	PDF
Abridged model	30/09/2007	29/03/2008	02/04/2008	Dutch	PDF
Abridged model	30/09/2006	26/03/2007	28/03/2007	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 31/12/2025 · 3 active · 37 ended

Active mandates

Thibaut LEINEKUGEL LE COCQ

Chairman of the board of directors · since 01 janvier 2025 · until 13 mai 2031

Active

Jean-Marc PLUYMERS

Director · since 18 décembre 2023 · until 08 mai 2029

Active

TECHNOLOGY HIGH PURITY

Director · since 18 décembre 2023 · until 31 mai 2025 · 0829.523.016

Represented by Jurgen VANDE VELDE

Active

Ended mandates

EIFFAGE ENERGIE SYSTEMES - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Pierre Guilleminot

Ended

EIFFAGE ENERGIE SYSTEMES - GAME INGENIERIE SAS

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Philippe Bernard EBMEYER

Ended

EIFFAGE ENERGIE SYSTEMS - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2021

Represented by Pierre GUILLEMINOT

Ended

EIFFAGE ENERGIE SYSTEMS - CLEMESSY SA

Director · since 26 juin 2018 · until 26 juin 2024

Represented by Pierre GUILLEMINOT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other18/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates05/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2019
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

2025
Annual accounts 2025-3,4 M €↓
2021
Annual accounts 2021416,5 k €↑
2020
Annual accounts 2020-656,9 k €↓
2019
Annual accounts 20191,4 k €↑
2018
Annual accounts 2018-123,1 k €↑
2017
Annual accounts 2017-1,1 M €↓
2016
Annual accounts 2016127,6 k €↓
2015
Annual accounts 2015150,6 k €↑
2013
Annual accounts 201316,9 k €↑
2012
Annual accounts 2012-372,6 k €↑
2011
Annual accounts 2011-1,4 M €↓
2010
Annual accounts 2010-1,1 M €↓
2009
Annual accounts 200942,3 k €↓
2007
Annual accounts 2007131,8 k €
13/06/1997
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

HYLINE

Overview

What does HYLINE do?

Trend over 14 financial years

Indicative valuation

Board of directors

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