ACTIVE

H. MANAGEMENT

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Financial year 2025 · closed on 31/12/2025

Net result

21,7 k €

-29.7% YoY

Revenue

0 €

Equity

125,6 k €

+20.9% YoY

What does H. MANAGEMENT do?

H. MANAGEMENT is a Public limited company incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.719.474

Incorporation

27/09/2001

Legal form

Public limited company

Registered office

Avenue du Directoire 21
1180 Uccle · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

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	0 €		0 €		0 €		0 €		–		0 €		0 €		–		0 €		–		–		–		–		–		–		–		–		–		108,6 k €	+14.0%	95,3 k €
EBITDA	44,3 k €	-23.1%	57,6 k €	+9.5%	52,6 k €	-8.0%	57,2 k €	+42.0%	40,3 k €	+3.9%	38,8 k €	+81.4%	21,4 k €	-8.3%	23,3 k €	-29.3%	33 k €	-39.4%	54,4 k €	+35.6%	40,1 k €	-8.4%	43,8 k €	-25.9%	59,2 k €	+28.2%	46,2 k €	+66.6%	27,7 k €	-8.2%	30,2 k €	-65.0%	86,3 k €	+706%	10,7 k €	-77.6%	47,8 k €	+74.9%	27,3 k €
Operating result	35,4 k €	-27.2%	48,6 k €	+11.4%	43,6 k €	-9.5%	48,2 k €	+54.0%	31,3 k €	+10.4%	28,4 k €	+152%	11,3 k €	-14.6%	13,2 k €	-42.2%	22,9 k €	-49.9%	45,6 k €	+242%	13,3 k €	-19.0%	16,5 k €	-47.3%	31,3 k €	+78.5%	17,5 k €	+1621%	-1,2 k €	-108%	14,5 k €	-82.0%	80,6 k €	+23816%	-340 €	-101%	27,7 k €	+105%	13,5 k €
Net result	21,7 k €	-29.7%	30,9 k €	+26.4%	24,4 k €	-17.3%	29,6 k €	+76.9%	16,7 k €	+11.6%	15 k €	+21100%	70,6 €	-96.9%	2,3 k €	-67.0%	7 k €	-72.8%	25,7 k €	+893%	-3,2 k €	-2797%	-112,1 €	-101%	8,9 k €	+92.4%	4,6 k €	-90.4%	48,2 k €	+214%	15,3 k €	-70.6%	52,1 k €	+949%	-6,1 k €	-178%	7,8 k €	-4.6%	8,2 k €
Balance sheet
Equity	125,6 k €	+20.9%	103,9 k €	+11.7%	93 k €	+5.0%	88,6 k €	-31.3%	129 k €	-1.0%	130,3 k €	+13.0%	115,4 k €	+0.1%	115,3 k €	+2.0%	113 k €	+6.6%	106 k €	+32.1%	80,2 k €	-3.9%	83,5 k €	-0.1%	83,6 k €	-0.2%	83,7 k €	-0.5%	84,1 k €	+22.9%	68,4 k €	+0.5%	68,1 k €	-2.7%	69,9 k €	-8.1%	76,1 k €	+11.5%	68,3 k €
Total assets	305,6 k €	+2.4%	298,5 k €	-8.9%	327,5 k €	+20.1%	272,6 k €	-12.4%	311,2 k €	-12.7%	356,5 k €	+1.8%	350,4 k €	-9.8%	388,6 k €	-6.5%	415,5 k €	-0.4%	417,1 k €	+2.5%	406,8 k €	-6.2%	433,5 k €	-8.2%	472,1 k €	-15.1%	556,1 k €	+0.9%	551,2 k €	-7.8%	597,6 k €	+52.5%	392 k €	-37.0%	621,9 k €	+126%	275,5 k €	+58.3%	174 k €
Cash	850,5 €	-86.0%	6,1 k €	+4187%	141,9 €	-99.2%	17 k €	+6901%	243,1 €	-94.9%	4,8 k €	+401%	948,4 €	+132%	408,9 €	-67.4%	1,3 k €	+157%	488,7 €	+237%	145,2 €	-13.4%	167,7 €	-93.3%	2,5 k €	+143%	1 k €	-69.5%	3,4 k €	+165%	1,3 k €	-68.4%	4 k €	-82.8%	23,3 k €	+2739%	819,4 €	-67.8%	2,5 k €
Debts	176,9 k €	-6.9%	190,1 k €	-17.6%	230,7 k €	+28.2%	179,9 k €	+1.7%	176,9 k €	-19.9%	220,8 k €	-3.7%	229,2 k €	-14.2%	267,2 k €	-9.8%	296,1 k €	-2.7%	304,4 k €	-4.7%	319,5 k €	-6.8%	342,7 k €	-10.0%	380,7 k €	-18.0%	464,3 k €	+1.6%	456,9 k €	-13.6%	528,6 k €	+63.4%	323,4 k €	-41.4%	552 k €	+177%	199,4 k €	+89.0%	105,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

MORGANE HARMS

Director · since 26 juin 2018

Active

HENRI HARMS

Managing director · since 30 juin 2009

Active

Ended mandates

MORGANE HARMS

Director · since 26 juin 2018 · until 14 juin 2022

Ended

MORGANE HARMS

Manager · since 26 juin 2018 · until 14 juin 2022

Ended

Henri HARMS

Director · since 30 septembre 2009 · until 29 septembre 2015

Ended

Henri HARMS

Managing director · since 30 septembre 2009 · until 29 septembre 2015

Ended

At this address

Other companies at this address

Company	CBE no.
robust design solutions● Active	0478.090.729

Annual accounts

Full financial information

	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	14/07/2026	29/08/2025	22/10/2024	01/09/2023	27/10/2022	21/06/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	14/07/2026	French	PDF
Abridged model	31/12/2024	03/06/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	04/06/2024	22/10/2024	French	PDF
Abridged model	31/12/2022	06/06/2023	01/09/2023	French	PDF
Abridged model	31/12/2021	07/06/2022	27/10/2022	French	PDF
Abridged model	31/12/2020	01/06/2021	21/06/2021	French	PDF
Abridged model	31/12/2019	02/06/2020	30/09/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	26/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	02/06/2015	15/07/2015	French	PDF
Abridged model	31/12/2013	17/06/2014	04/07/2014	French	PDF
Abridged model	31/12/2012	25/09/2013	26/09/2013	French	PDF
Abridged model	31/12/2011	02/10/2012	23/11/2012	French	PDF
Abridged modelCorrection	31/12/2010	07/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2010	07/06/2011	17/08/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	29/07/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	28/09/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	10/11/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 20 ended

Active mandates

MORGANE HARMS

Director · since 26 juin 2018

Active

HENRI HARMS

Managing director · since 30 juin 2009

Active

Ended mandates

MORGANE HARMS

Director · since 26 juin 2018 · until 14 juin 2022

Ended

MORGANE HARMS

Manager · since 26 juin 2018 · until 14 juin 2022

Ended

Henri HARMS

Director · since 30 septembre 2009 · until 29 septembre 2015

Ended

Henri HARMS

Managing director · since 30 septembre 2009 · until 29 septembre 2015

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/07/2018
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates14/10/2009
Nomination d'un administrateur supplémentaire - Renouvellement du mandat
PDF
Mandates18/09/2007
Renouvellement mandats d’administrateur et administrateur délégué
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202521,7 k €↓
2024
Annual accounts 202430,9 k €↑
2023
Annual accounts 202324,4 k €↓
2022
Annual accounts 202229,6 k €↑
2021
Annual accounts 202116,7 k €↑
2020
Annual accounts 202015 k €↑
2019
Annual accounts 201970,6 €↓
2018
Annual accounts 20182,3 k €↓
2017
Annual accounts 20177 k €↓
2016
Annual accounts 201625,7 k €↑
2015
Annual accounts 2015-3,2 k €↓
2014
Annual accounts 2014-112,1 €↓
2013
Annual accounts 20138,9 k €↑
2012
Annual accounts 20124,6 k €↓
2011
Annual accounts 201148,2 k €↑
2010
Annual accounts 201015,3 k €↓
2009
Annual accounts 200952,1 k €↑
2008
Annual accounts 2008-6,1 k €↓
2007
Annual accounts 20077,8 k €↓
2006
Annual accounts 20068,2 k €
27/09/2001
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

H. MANAGEMENT

Overview

What does H. MANAGEMENT do?

Trend over 20 financial years

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