ACTIVE

Hertsens West

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Financial year 2025 · Closed on 31/12/2025

Net result2 M €+401,0 %over 1 year
Gross margin3,7 M €+219,1 %over 1 year
Equity1,7 M €+42,2 %over 1 year

Identity

Source · BCE/KBO

Hertsens West is a Public limited company incorporated in 1999. Its registered office is in Beveren-Kruibeke-Zwijndrecht.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.880.211
Incorporation
14/04/1999
Legal form
Public limited company
Registered office
Heirbaan 395
9150 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/12/2025
Joint committees (2)
  • 14003
  • 226
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin3,7 M €1,1 M €1,6 M €956,2 k €305,3 k €
EBITDA3,5 M €1 M €1,5 M €935,5 k €285,1 k €
Operating result3,1 M €362,1 k €925,9 k €402 k €36,1 k €
Net result2 M €-670,1 k €337,4 €64,5 k €-86 k €
Balance sheet
Equity1,7 M €1,2 M €1,9 M €1,9 M €1,8 M €
Total assets24,6 M €30,5 M €31,3 M €21,4 M €15,9 M €
Cash60,6 k €95,4 k €130,7 k €387 k €14,7 k €
Debts22,8 M €29,3 M €29,3 M €19,5 M €14,1 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

Arnold Hertsens

Managing director · since 18 février 2017

Active
Hilde Verhelst

Managing director · since 18 février 2017

Active

Ended mandates

Arnold Hertsens

Managing director · since 18 février 2017 · until 18 février 2023

Ended
Arnold Hertsens

Managing director · since 18 février 2017 · until 25 mai 2026

Ended
Hilde Verhelst

Managing director · since 18 février 2017 · until 18 février 2023

Ended
Hilde Verhelst

Managing director · since 18 février 2017 · until 25 mai 2026

Ended

Other companies at this address

Heirbaan 395 9150 Beveren-Kruibeke-Zwijndrecht
CompanyCBE no.
AFC Hertsens● Active
1002.337.226
Blitz Power● Active
0768.661.454
CHARBEL● Active
0451.235.585
Hertsens● Active
0506.690.485
Hertsens Beheer● Active
0627.895.450
WALDING● Active
0465.963.353

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/10/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months15 months
Filing date31/08/202631/07/202530/08/202431/08/202326/08/202229/09/2021
General meeting25/08/202630/06/202527/08/202421/08/202311/08/202214/09/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/08/202631/08/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202327/08/202430/08/2024DutchPDF
Abridged model31/12/202221/08/202331/08/2023DutchPDF
Abridged model31/12/202111/08/202226/08/2022DutchPDF
Abridged model31/12/202014/09/202129/09/2021DutchPDF
Abridged model30/09/201921/02/202020/03/2020DutchPDF
Abridged model30/09/201815/02/201905/03/2019DutchPDF
Abridged model30/09/201716/02/201814/03/2018DutchPDF
Full model30/09/201617/02/201715/03/2017DutchPDF
Full model30/09/201519/02/201617/03/2016DutchPDF
Full model30/09/201420/02/201520/03/2015DutchPDF
Full model30/09/201321/02/201421/03/2014DutchPDF
Full model30/09/201215/02/201326/03/2013DutchPDF
Abridged model30/09/201117/02/201229/02/2012DutchPDF
Abridged model30/09/201018/02/201101/03/2011DutchPDF
Abridged model30/09/200919/02/201017/03/2010DutchPDF
Abridged model30/09/200813/03/200914/04/2009DutchPDF
Abridged model30/09/200728/03/200828/04/2008DutchPDF
Abridged model30/09/200626/03/200730/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025

2 active · 10 ended

Active mandates

Arnold Hertsens

Managing director · since 18 février 2017

Active
Hilde Verhelst

Managing director · since 18 février 2017

Active

Ended mandates

Arnold Hertsens

Managing director · since 18 février 2017 · until 18 février 2023

Ended
Arnold Hertsens

Managing director · since 18 février 2017 · until 25 mai 2026

Ended
Hilde Verhelst

Managing director · since 18 février 2017 · until 18 février 2023

Ended
Hilde Verhelst

Managing director · since 18 février 2017 · until 25 mai 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2026
    Hernieuwing bestuurdersmandaten
    PDF
  • Mandates02/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/12/2011
    DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates11/04/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring22/08/2008
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Registered office05/09/2006
    Verptaatsen van de maatschappelijke zetel
    PDF
  • Mandates06/07/2006
    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 20252 M €↑
  2. 2024
    Annual accounts 2024-670,1 k €↓
  3. 2023
    Annual accounts 2023337,4 €↓
  4. 2022
    Annual accounts 202264,5 k €↑
  5. 2021
    Annual accounts 2021-86 k €↓
  6. 2020
    Annual accounts 2020-33,3 k €↓
  7. 2019
    Annual accounts 20195,3 k €↓
  8. 2018
    Annual accounts 201888,6 k €↓
  9. 2017
    Annual accounts 2017185,1 k €↑
  10. 2016
    Annual accounts 201674,9 k €↓
  11. 2015
    Annual accounts 2015207,9 k €↑
  12. 2014
    Annual accounts 2014195,5 k €↑
  13. 2013
    Annual accounts 201352,9 k €↓
  14. 2012
    Annual accounts 201280,1 k €↓
  15. 2011
    Annual accounts 2011460,2 k €↑
  16. 2010
    Annual accounts 2010193,5 k €↑
  17. 2009
    Annual accounts 2009175,1 k €↑
  18. 2008
    Annual accounts 200855,4 k €↓
  19. 2007
    Annual accounts 2007103,3 k €
  20. 14/04/1999
    IncorporationPublic limited company