HERTECANT FLANGES
0466.169.726 · rovalta.com · 23/09/2026
ACTIVE
HERTECANT FLANGES
Financial year 2025 · closed on 31/12/2025
Net result
2,3 M €
-13.1% YoY
Revenue
11,8 M €
-10.8% YoY
Equity
15,4 M €
+17.2% YoY
Workforce
44,3 ETP
-0.4% YoY
Overview
What does HERTECANT FLANGES do?
HERTECANT FLANGES is a Public limited company incorporated in 1999. Its main activity is: Manufacture of tubes, pipes, hollow profiles and related fittings, of steel. Its registered office is in Westerlo. It employs on average 44,3 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0466.169.726
Incorporation
03/06/1999
Legal form
Public limited company
Registered office
Lossing 22
2260 Westerlo · FlandreSee on map
2260 Westerlo · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Average workforce
44,3 ETP
Activities (NACE)
Joint committees (4)
- 111
- 11101
- 209
- 20900
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 11,8 M € | -10.8% | 13,3 M € | -12.5% | 15,2 M € | +2.4% | 14,8 M € | +41.2% | 10,5 M € | +1.8% | 10,3 M € | -8.0% | 11,2 M € | +17.7% | 9,5 M € | +26.5% | 7,5 M € | +12.7% | 6,7 M € | -6.0% | 7,1 M € | -8.8% | 7,8 M € | – | – | – | – | – | – | – | – | ||||||||
| EBITDA | 3,2 M € | -11.5% | 3,6 M € | -33.3% | 5,4 M € | -1.1% | 5,5 M € | +99.5% | 2,8 M € | +23.8% | 2,2 M € | -29.1% | 3,1 M € | +63.9% | 1,9 M € | +37.2% | 1,4 M € | +14.6% | 1,2 M € | -31.5% | 1,8 M € | -15.1% | 2,1 M € | -13.1% | 2,4 M € | +115% | 1,1 M € | +148% | 452,4 k € | +85961% | -526,9 € | +15.8% | -626 € | -280% | -164,7 € | +98.2% | -9,1 k € | -44.6% | -6,3 k € |
| Operating result | 2,7 M € | -14.0% | 3,1 M € | -41.2% | 5,3 M € | +9.4% | 4,9 M € | +109% | 2,3 M € | +28.0% | 1,8 M € | -32.4% | 2,7 M € | +76.7% | 1,5 M € | +29.3% | 1,2 M € | +18.9% | 986,4 k € | -28.9% | 1,4 M € | -20.6% | 1,7 M € | -13.2% | 2 M € | +188% | 699 k € | +499% | 116,7 k € | +22252% | -526,9 € | +15.8% | -626 € | -280% | -164,7 € | +98.2% | -9,1 k € | -22.6% | -7,4 k € |
| Net result | 2,3 M € | -13.1% | 2,6 M € | -36.7% | 4,1 M € | +7.6% | 3,8 M € | +112% | 1,8 M € | +26.8% | 1,4 M € | -28.0% | 2 M € | +95.3% | 1 M € | +35.2% | 745,8 k € | +15.9% | 643,3 k € | -27.3% | 884,9 k € | -20.6% | 1,1 M € | -13.5% | 1,3 M € | +257% | 361,3 k € | +957% | 34,2 k € | +6876% | -504,6 € | +21.2% | -640,4 € | -1489% | 46,1 € | +100% | -13,4 k € | +44.8% | -24,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 15,4 M € | +17.2% | 13,1 M € | +24.7% | 10,5 M € | +7.9% | 9,8 M € | +64.3% | 5,9 M € | -4.8% | 6,2 M € | +29.4% | 4,8 M € | +69.0% | 2,9 M € | +54.6% | 1,8 M € | +67.8% | 1,1 M € | -59.4% | 2,7 M € | -13.3% | 3,1 M € | -13.4% | 3,6 M € | +55.6% | 2,3 M € | +18.5% | 2 M € | +7315% | -27,1 k € | -1.9% | -26,6 k € | -2.5% | -26 k € | +0.2% | -26 k € | -107% | -12,6 k € |
| Total assets | 17,5 M € | +6.4% | 16,4 M € | +15.4% | 14,2 M € | -2.7% | 14,6 M € | +46.1% | 10 M € | -0.7% | 10,1 M € | +9.1% | 9,2 M € | +31.1% | 7 M € | +13.2% | 6,2 M € | +3.8% | 6 M € | -2.1% | 6,1 M € | -5.3% | 6,5 M € | +2.8% | 6,3 M € | +49.8% | 4,2 M € | +25.6% | 3,3 M € | +298388% | 1,1 k € | -31.0% | 1,6 k € | – | 420,3 € | -98.5% | 28,7 k € | ||
| Cash | 2,1 M € | -29.3% | 2,9 M € | +391% | 598,5 k € | -84.1% | 3,8 M € | +149% | 1,5 M € | -36.5% | 2,4 M € | +117% | 1,1 M € | +123% | 491,9 k € | +43.1% | 343,9 k € | -61.3% | 889,7 k € | -3.2% | 918,9 k € | -41.9% | 1,6 M € | +4.2% | 1,5 M € | +225% | 467,1 k € | -47.7% | 892,6 k € | +115306% | 773,4 € | -52.4% | 1,6 k € | – | 7,1 € | – | |||
| Debts | 2,1 M € | -36.7% | 3,3 M € | -11.3% | 3,7 M € | -20.9% | 4,7 M € | +15.2% | 4 M € | +6.2% | 3,8 M € | -13.7% | 4,4 M € | +5.3% | 4,2 M € | -2.6% | 4,3 M € | -12.1% | 4,9 M € | +51.0% | 3,2 M € | +15.5% | 2,8 M € | +35.9% | 2,1 M € | +36.0% | 1,5 M € | +12.5% | 1,4 M € | +4685% | 28,2 k € | 0.0% | 28,2 k € | +8.7% | 26 k € | -1.8% | 26,4 k € | -34.9% | 40,6 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 44,3 ETP | -0.4% | 44,5 ETP | +4.5% | 42,6 ETP | -3.2% | 44,0 ETP | -0.5% | 44,2 ETP | -3.3% | 45,7 ETP | +10.7% | 41,3 ETP | +8.7% | 38,0 ETP | +18.0% | 32,2 ETP | +15.8% | 27,8 ETP | -5.4% | 29,4 ETP | +21.5% | 24,2 ETP | +16.3% | 20,8 ETP | +8.3% | 19,2 ETP | – | – | – | – | – | – | ||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 45 ended
Active mandates
Active
Ronny Deckers
ActiveEnded mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Flange International● Active | 0736.981.650 |
Special Flanges● Active | 1001.710.486 |
Financials
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 | 10/07/2026 | 04/06/2025 | 19/07/2024 | 20/07/2023 | 19/07/2022 | 15/10/2021 |
| General meeting | 30/06/2026 | 02/06/2025 | 20/06/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 30/06/2026 | 10/07/2026 | Dutch | |
| Full model | 31/12/2024 | 02/06/2025 | 04/06/2025 | Dutch | |
| Full model | 31/12/2023 | 20/06/2024 | 19/07/2024 | Dutch | |
| Full model | 31/12/2022 | 30/06/2023 | 20/07/2023 | Dutch | |
| Full model | 31/12/2021 | 30/06/2022 | 19/07/2022 | Dutch | |
| Full model | 31/12/2020 | 30/06/2021 | 15/10/2021 | Dutch | |
| Full model | 31/12/2019 | 30/06/2020 | 10/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 10/07/2019 | Dutch | |
| Full model | 31/12/2017 | 04/06/2018 | 23/07/2018 | Dutch | |
| Full model | 31/12/2016 | 07/06/2017 | 18/07/2017 | Dutch | |
| Full model | 31/12/2015 | 01/06/2016 | 07/07/2016 | Dutch | |
| Full model | 31/12/2014 | 01/06/2015 | 30/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 28/03/2014 | 18/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 08/04/2013 | 11/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 20/04/2012 | 02/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 10/02/2011 | 20/04/2011 | Dutch | |
| Abridged model | 31/12/2009 | 17/05/2010 | 14/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/04/2009 | 22/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 17/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 20/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 45 ended
Active mandates
Active
Ronny Deckers
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other24/01/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
- Mandates02/01/2024ONTSLAGEN - BENOEMINGEN
- Mandates17/10/2023ONTSLAGEN - BENOEMINGEN
- Mandates19/01/2022ONTSLAGEN - BENOEMINGEN
- Mandates14/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates22/01/2021ONTSLAGEN - BENOEMINGEN
- Mandates06/12/2019ONTSLAGEN - BENOEMINGEN
- Mandates06/12/2019ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252,3 M €↓
- 2024Annual accounts 20242,6 M €↓
- 2023Annual accounts 20234,1 M €↑
- 2022Annual accounts 20223,8 M €↑
- 2021Annual accounts 20211,8 M €↑
- 2020Annual accounts 20201,4 M €↓
- 2019Annual accounts 20192 M €↑
- 2018Annual accounts 20181 M €↑
- 2017Annual accounts 2017745,8 k €↑
- 2016Annual accounts 2016643,3 k €↓
- 2015Annual accounts 2015884,9 k €↓
- 2014Annual accounts 20141,1 M €↓
- 2013Annual accounts 20131,3 M €↑
- 2012Annual accounts 2012361,3 k €↑
- 2011Annual accounts 201134,2 k €↑
- 2010Annual accounts 2010-504,6 €↑
- 2010Name changeHertecant Flanges
- 2009Annual accounts 2009-640,4 €↓
- 2008Annual accounts 200846,1 €↑
- 2007Annual accounts 2007-13,4 k €↑
- 2006Annual accounts 2006-24,3 k €
- 2006Name changeSportiva
- 03/06/1999IncorporationPublic limited company