ACTIVE

HG BELGIUM

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Financial year 2024 · Closed on 31/12/2024

Net result
247,8 k €
-24,7 %over 1 year
Revenue
13,4 M €
+6,5 %over 1 year
Equity
5,7 M €
+4,6 %over 1 year
Workforce
12,4 ETP
-6,1 %over 1 year

Identity

Source · BCE/KBO

HG BELGIUM is a Private limited company incorporated in 2000. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Gent. It employs on average 12,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0473.665.549
Incorporation
29/12/2000
Legal form
Private limited company
Registered office
Poortakkerstraat 93
9051 Gent · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
12,4 ETP
Joint committees (4)
  • 116
  • 11600
  • 207
  • 20700
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue13,4 M €12,6 M €12,2 M €14 M €17 M €
EBITDA913,8 k €432,6 k €455,2 k €989,2 k €381,8 k €
Operating result874,9 k €439,2 k €431,1 k €978,6 k €309,6 k €
Net result247,8 k €329,2 k €333,6 k €637,6 k €106,2 k €
Balance sheet
Equity5,7 M €5,4 M €5,1 M €4,8 M €4,1 M €
Total assets9,8 M €7,8 M €6,8 M €7,1 M €6,4 M €
Cash2,4 M €1 M €389,8 k €386,1 k €2,6 M €
Debts3,9 M €2,1 M €1,1 M €1,5 M €1,2 M €
Other
Workforce12,4 ETP13,2 ETP17,7 ETP19,1 ETP17,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 9 ended

Active mandates

HG International B.V. BO

Director · since 23 septembre 2022 · 0797.357.222

Represented by Karel Vandamme

Active

Ended mandates

HG International B.V.

Director · since 23 septembre 2022 · 0797.357.222

Represented by Karel VANDAMME

Ended
HG International BV

Director · since 23 septembre 2022 · 0797.357.222

Represented by Robert Uytdewillegen

Ended
Jeroen Mustert

Director · since 08 mai 2019 · until 03 août 2022

Ended
Jeroen Mustert

Director · since 08 mai 2019

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202624/09/202507/07/202311/07/202210/08/202118/08/2020
General meeting22/06/202624/09/202530/06/202330/06/202206/08/202111/08/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202422/06/202624/06/2026DutchPDF
Full model31/12/202324/09/202524/09/2025DutchPDF
Full model31/12/202230/06/202307/07/2023DutchPDF
Full model31/12/202130/06/202211/07/2022DutchPDF
Full model31/12/202006/08/202110/08/2021DutchPDF
Full model31/12/201911/08/202018/08/2020DutchPDF
Full model31/12/201828/06/201930/07/2019DutchPDF
Full model31/12/201729/06/201825/07/2018DutchPDF
Full model31/12/201630/06/201727/07/2017DutchPDF
Full model31/12/201515/07/201628/07/2016DutchPDF
Full model31/12/201431/07/201513/08/2015DutchPDF
Full model31/12/201330/05/201430/06/2014DutchPDF
Full model31/12/201214/06/201328/06/2013DutchPDF
Full model31/12/201121/05/201227/06/2012DutchPDF
Full model31/12/201006/05/201125/07/2011DutchPDF
Full model31/12/200930/06/201027/07/2010DutchPDF
Full model31/12/200815/06/200917/07/2009DutchPDF
Abridged model31/12/200716/06/200817/07/2008DutchPDF
Abridged model31/12/200618/06/200704/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024

1 active · 9 ended

Active mandates

HG International B.V. BO

Director · since 23 septembre 2022 · 0797.357.222

Represented by Karel Vandamme

Active

Ended mandates

HG International B.V.

Director · since 23 septembre 2022 · 0797.357.222

Represented by Karel VANDAMME

Ended
HG International BV

Director · since 23 septembre 2022 · 0797.357.222

Represented by Robert Uytdewillegen

Ended
Jeroen Mustert

Director · since 08 mai 2019 · until 03 août 2022

Ended
Jeroen Mustert

Director · since 08 mai 2019

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates30/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/05/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office13/04/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/01/2021
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates04/06/2019
    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. 2024
    Annual accounts 2024247,8 k €↓
  2. 2023
    Annual accounts 2023329,2 k €↓
  3. 2022
    Annual accounts 2022333,6 k €↓
  4. 2021
    Annual accounts 2021637,6 k €↑
  5. 2020
    Annual accounts 2020106,2 k €↓
  6. 2019
    Annual accounts 2019692,3 k €↑
  7. 2018
    Annual accounts 2018-597,1 k €↓
  8. 2017
    Annual accounts 2017151,2 k €↓
  9. 2016
    Annual accounts 2016844 k €↑
  10. 2015
    Annual accounts 2015251,8 k €↑
  11. 2014
    Annual accounts 2014-150,4 k €↓
  12. 2013
    Annual accounts 2013217,9 k €↓
  13. 2012
    Annual accounts 2012369,3 k €↑
  14. 2011
    Annual accounts 201173,8 k €↓
  15. 2010
    Annual accounts 2010157,5 k €↓
  16. 2009
    Annual accounts 2009316,3 k €↑
  17. 2008
    Annual accounts 2008240,4 k €↓
  18. 2007
    Annual accounts 2007299 k €↑
  19. 2006
    Annual accounts 2006262,9 k €
  20. 29/12/2000
    IncorporationPrivate limited company