ACTIVE

HF PROJECTS

Financial year 2025 · Closed on 31/12/2025

Net result23,4 k €-80,3 %over 1 year
Gross margin267,5 k €-31,5 %over 1 year
Equity316 k €-5,4 %over 1 year
Workforce3,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

HF PROJECTS is a Private limited company incorporated in 1999. Its main activity is: Floor and wall covering. Its registered office is in Ham. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.996.908
Incorporation
20/05/1999
Legal form
Private limited company
Registered office
Truibroek 94 box 7
3945 Ham · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
3,0 ETP
Joint committees (8)
  • 124
  • 1240
  • 12400
  • 145
  • 2000
  • 20000
  • 218
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin267,5 k €390,4 k €337 k €222,4 k €202,1 k €
EBITDA72,3 k €186,6 k €162,4 k €49,6 k €88 k €
Operating result52,3 k €166,5 k €147,3 k €15,6 k €77,9 k €
Net result23,4 k €119 k €104,7 k €1 k €55,6 k €
Balance sheet
Equity316 k €334,2 k €215,2 k €110,5 k €109,5 k €
Total assets822,8 k €888,3 k €721,5 k €446 k €360,1 k €
Cash197,1 k €338,5 k €126,9 k €3 k €80,7 k €
Debts506,8 k €554,2 k €506,3 k €335,5 k €250,7 k €
Other
Workforce3,0 ETP3,0 ETP2,7 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
QIKV0779.330.860Represented by Kevin VERSTREPEN
Directorsince 01/07/2022
VIERKANT GEYSELS0786.739.284Represented by Glen GEYSELS
Directorsince 01/07/2022
ZP algemene aanneming0731.653.974Represented by Patrick ZIYAN
Directorsince 01/07/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
KEVIN VERSTREPEN
Manager15/12/2016 → 2018 accounts
Chris Vernelen
Administrator - manager2015 accountsManager2007 accounts

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Truibroek 94 3945 Ham
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0458.224.040
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0758.910.974
Cea Worx● Active
1010.927.664
0880.624.792
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0840.956.148
HDKL● Active
0533.775.261
LINOU● Active
0559.929.431
Sorelko● Active
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0740.947.465

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 months12 months
Filing date30/06/202607/04/202515/04/202403/05/202325/04/202230/04/2021
General meeting30/06/202604/04/202505/04/202407/04/202301/04/202202/04/2021
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 model31/12/202530/06/202630/06/2026DutchPDF
Abridged model31/12/202404/04/202507/04/2025DutchPDF
Abridged model31/12/202305/04/202415/04/2024DutchPDF
Micro model31/12/202207/04/202303/05/2023DutchPDF
Micro model31/12/202101/04/202225/04/2022DutchPDF
Micro model31/12/202002/04/202130/04/2021DutchPDF
Micro model31/12/201903/04/202030/04/2020DutchPDF
Micro model31/12/201805/04/201926/04/2019DutchPDF
Micro model31/12/201727/04/201822/05/2018DutchPDF
Micro model31/12/201628/04/201723/05/2017DutchPDF
Abridged model31/12/201522/04/201620/05/2016DutchPDF
Abridged model31/12/201424/04/201521/05/2015DutchPDF
Abridged model31/12/201325/04/201427/05/2014DutchPDF
Abridged model31/12/201226/04/201328/05/2013DutchPDF
Abridged model31/12/201106/04/201207/05/2012DutchPDF
Abridged model31/12/201022/04/201110/05/2011DutchPDF
Abridged model31/12/200923/04/201021/05/2010DutchPDF
Abridged model31/12/200825/04/200929/05/2009DutchPDF
Abridged model31/12/200704/04/200830/04/2008DutchPDF
Abridged model31/12/200606/04/200724/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
QIKV0779.330.860Represented by Kevin VERSTREPEN
Directorsince 01/07/2022
VIERKANT GEYSELS0786.739.284Represented by Glen GEYSELS
Directorsince 01/07/2022
ZP algemene aanneming0731.653.974Represented by Patrick ZIYAN
Directorsince 01/07/2022

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
KEVIN VERSTREPEN
Manager15/12/2016 → 2018 accounts
Chris Vernelen
Administrator - manager2015 accountsManager2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other12/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates13/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/06/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office04/06/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/02/2017
    Statutenwijziging - wijziging naam - doelwijziging - ontslag zaakvoerder !
    PDF
  • Other20/01/2017
    na neerlegging ter griffie van de akte
    PDF
  • Other11/10/2005
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
ZP algemene aanneming
QIKV
VIERKANT GEYSELS
KEVIN VERSTREPEN
Chris Vernelen
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
HF PROJECTSCHRIS VERNELEN
Truibroek 94 bte 7, 3945 Tessenderlo-HamTruibroek 94 bus 7, 3945 Tessenderlo-Ham
Director
Director
Director
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Truibroek 94 bte 7, 3945 Tessenderlo-HamCurrent
accounts 2025
Accounts 2025 · 2026-00267930
Truibroek 94 bus 7, 3945 Tessenderlo-Ham
accounts 2021 → 2024
Accounts 2024 · 2025-00064466

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HF PROJECTSCurrent
accounts 2016 → 2025
Accounts 2025 · 2026-00267930
CHRIS VERNELEN
accounts 2006 → 2015
Accounts 2015 · 2016-12700546

Events

  1. 2025
    Annual accounts 202523,4 k €↓
  2. 2024
    Annual accounts 2024119 k €↑
  3. 2023
    Annual accounts 2023104,7 k €↑
  4. 2022
    Annual accounts 20221 k €↓
  5. 2021
    Annual accounts 202155,6 k €↑
  6. 2018
    Annual accounts 201821 k €↑
  7. 2017
    Annual accounts 20176,2 k €↓
  8. 2016
    Annual accounts 201618,4 k €↑
  9. 2016
    Name changeHF PROJECTS
  10. 2015
    Annual accounts 2015-5,5 k €↑
  11. 2014
    Annual accounts 2014-9,6 k €↓
  12. 2013
    Annual accounts 2013-7,1 k €↑
  13. 2012
    Annual accounts 2012-11,6 k €↓
  14. 2011
    Annual accounts 201117,2 k €↑
  15. 2010
    Annual accounts 2010-12,1 k €↓
  16. 2009
    Annual accounts 20092 k €↑
  17. 2008
    Annual accounts 2008-18,3 k €↓
  18. 2007
    Annual accounts 200717,1 k €↑
  19. 2006
    Annual accounts 200610,7 k €
  20. 20/05/1999
    IncorporationPrivate limited company