ACTIVE

BDH

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Financial year 2025 · Closed on 31/12/2025

Net result116,2 k €+267,7 %over 1 year

Gross margin1,7 M €+9,3 %over 1 year

Equity516,8 k €+14,7 %over 1 year

Workforce21,1 ETP-10,6 %over 1 year

Identity

Source · BCE/KBO

BDH is a Public limited company incorporated in 2000. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Manhay. It employs on average 21,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0472.491.651
Incorporation: 27/07/2000
Legal form: Public limited company
Registered office: Rue du Châtaignier, Harre 10
6960 Manhay · WallonieSee on map
Contributed capital: 71 500,00 €
Latest accounts: 31/12/2025
Average workforce: 21,1 ETP

Activities (NACE)

43221Plumbing, heat and air-conditioning installation· main 43221Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 45332Sale of motor vehicle parts and accessories+9

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,7 M €	+9.3%	1,6 M €	+19.4%	1,3 M €	+1.5%	1,3 M €	+39.7%	940,7 k €
EBITDA	267,8 k €	+98.2%	135,1 k €	+89.5%	71,3 k €	-81.2%	378,5 k €	+195%	128,1 k €
Operating result	164,1 k €	+280%	43,1 k €	+78.2%	24,2 k €	-90.8%	264,3 k €	+412%	51,6 k €
Net result	116,2 k €	+268%	31,6 k €	+125%	14,1 k €	-92.8%	194,5 k €	+527%	31 k €
Balance sheet
Equity	516,8 k €	+14.7%	450,6 k €	+0.4%	449 k €	-4.7%	471,1 k €	+70.3%	276,6 k €
Total assets	1,2 M €	+0.5%	1,2 M €	-10.2%	1,3 M €	+17.5%	1,1 M €	+34.7%	853,2 k €
Cash	97,3 k €	-19.4%	120,8 k €	-37.0%	191,8 k €	-21.3%	243,8 k €	+47.3%	165,5 k €
Debts	697,3 k €	-7.0%	749,9 k €	-16.4%	897 k €	+32.3%	678 k €	+17.6%	576,5 k €
Other
Workforce	21,1 ETP	-10.6%	23,6 ETP	+17.4%	20,1 ETP	+23.3%	16,3 ETP	-6.9%	17,5 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

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vinciane BODSON	Director17/12/2013 → 20/11/2029
Barthélemy DEMOITIE	Director17/12/2013 → 26/10/2029Managing director30/06/2006 → 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincianne BODSON	Director01/06/2012 → 2016 accounts
Jules BODSON	Director30/06/2006 → 2012 accounts

Other companies at this address

Rue du Châtaignier, Harre 10 6960 Manhay

Company	CBE no.
"Bureau d'Etudes HVSS"● Active	0448.569.768

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged 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	03/07/2026	17/06/2025	10/07/2024	19/07/2023	25/08/2022	06/08/2021
General meeting	15/06/2026	16/05/2025	30/06/2024	30/06/2023	17/06/2022	18/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	03/07/2026	French	PDF
Abridged model	31/12/2024	16/05/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	30/06/2024	10/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	19/07/2023	French	PDF
Abridged model	31/12/2021	17/06/2022	25/08/2022	French	PDF
Abridged model	31/12/2020	18/06/2021	06/08/2021	French	PDF
Abridged model	31/12/2019	19/06/2020	13/08/2020	French	PDF
Abridged model	31/12/2018	21/06/2019	20/08/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	23/08/2018	French	PDF
Abridged model	31/12/2016	16/06/2017	22/08/2017	French	PDF
Abridged model	31/12/2015	17/06/2016	01/07/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	12/08/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	14/08/2014	French	PDF
Abridged model	31/12/2012	01/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	18/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	19/06/2009	08/07/2009	French	PDF
Abridged model	31/12/2007	27/06/2008	04/07/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	20/07/2007	French	PDF

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

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vinciane BODSON	Director17/12/2013 → 20/11/2029
Barthélemy DEMOITIE	Director17/12/2013 → 26/10/2029Managing director30/06/2006 → 2017 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincianne BODSON	Director01/06/2012 → 2016 accounts
Jules BODSON	Director30/06/2006 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/12/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates10/11/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates03/01/2014
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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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

Filings20 filings

Mandates

Vinciane BODSON

Barthélemy DEMOITIE

Vincianne BODSON

Jules BODSON

200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

BDHBDH

Rue du Châtaignier, Harre 10, 6960 Manhay

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Châtaignier, Harre 10, 6960 ManhayCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248221

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BDHCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00248221
B.D.H.	accounts 2021	Accounts 2021 · 2022-20316320
BDH	accounts 2006 → 2020	Accounts 2020 · 2021-46300235

Events

2025
Annual accounts 2025116,2 k €↑
2024
Annual accounts 202431,6 k €↑
2023
Annual accounts 202314,1 k €↓
2022
Annual accounts 2022194,5 k €↑
2022
Name changeBDH
2021
Annual accounts 202131 k €↑
2021
Name changeB.D.H.
2020
Annual accounts 20204 k €↓
2019
Annual accounts 201949,8 k €↓
2018
Annual accounts 201868,9 k €↑
2017
Annual accounts 201756,8 k €↑
2016
Annual accounts 2016-56,4 k €↓
2015
Annual accounts 20155,6 k €↓
2014
Annual accounts 20147,5 k €↑
2013
Annual accounts 2013258,4 €↓
2012
Annual accounts 20121,9 k €↓
2011
Annual accounts 201119 k €↓
2010
Annual accounts 201027,4 k €↑
2009
Annual accounts 20096,1 k €↑
2008
Annual accounts 20082 k €↓
2007
Annual accounts 20076,6 k €↑
2006
Annual accounts 2006-42,3 k €
27/07/2000
IncorporationPublic limited company

BDH

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events