ACTIVE

HUMAN MATTERS

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Financial year 2024 · closed on 31/12/2024

Net result

-78,6 k €

-24.8% YoY

Gross margin

76,6 k €

+157.4% YoY

Equity

113,3 k €

-41.0% YoY

What does HUMAN MATTERS do?

HUMAN MATTERS is a Private limited company incorporated in 2001. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Schelle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.294.942

Incorporation

12/12/2001

Legal form

Private limited company

Registered office

Begoniastraat 30
2627 Schelle · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising

Joint committees (3)

200
20000
218

Contacts

2 public details availableLog in to view

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	76,6 k €	+157%	29,8 k €	-83.5%	180,6 k €	+50.4%	120,1 k €	-44.0%	214,4 k €	+113%	100,6 k €	-10.5%	112,3 k €	-10.0%	124,8 k €	+328%	29,1 k €	-37.0%	46,3 k €	-55.4%	103,8 k €	-25.5%	139,4 k €	-3.1%	143,9 k €	+140%	60 k €	+213%	19,1 k €	+7.9%	17,7 k €	+1918%	-975 €	-106%	15,7 k €
EBITDA	-62,1 k €	-33.1%	-46,6 k €	-164%	72,4 k €	+27.4%	56,8 k €	-32.7%	84,4 k €	+549%	13 k €	-74.7%	51,4 k €	-20.0%	64,2 k €	+350%	-25,7 k €	-41.3%	-18,2 k €	-277%	10,2 k €	-85.2%	69,4 k €	-39.3%	114,4 k €	+93.7%	59 k €	+236%	17,6 k €	+11.1%	15,8 k €	+798%	-2,3 k €	-115%	14,8 k €
Operating result	-77,7 k €	-24.2%	-62,6 k €	-209%	57,3 k €	+50.4%	38,1 k €	-46.3%	70,9 k €	+51059%	-139,2 €	-100%	40,3 k €	-25.8%	54,3 k €	+243%	-38,1 k €	-29.4%	-29,4 k €	-1043%	-2,6 k €	-105%	50,2 k €	-48.8%	97,9 k €	+108%	47,1 k €	+384%	9,7 k €	+19.0%	8,2 k €	+168%	-12 k €	-328%	5,2 k €
Net result	-78,6 k €	-24.8%	-63 k €	-261%	39,1 k €	+2.9%	38 k €	-20.0%	47,5 k €	+1346%	-3,8 k €	-114%	26,5 k €	-49.0%	52 k €	+237%	-37,9 k €	-25.8%	-30,1 k €	-612%	-4,2 k €	-112%	36 k €	-46.4%	67,1 k €	+104%	32,9 k €	+349%	7,3 k €	-30.6%	10,6 k €	+188%	-12 k €	-404%	3,9 k €
Balance sheet
Equity	113,3 k €	-41.0%	192 k €	-24.7%	255 k €	+18.1%	215,9 k €	-9.0%	237,2 k €	+25.0%	189,7 k €	-2.0%	193,5 k €	+15.9%	167 k €	+45.2%	115 k €	-24.8%	152,9 k €	-16.5%	183 k €	-2.3%	187,2 k €	+23.8%	151,2 k €	+79.9%	84,1 k €	+64.4%	51,1 k €	+16.8%	43,8 k €	+31.8%	33,2 k €	-26.5%	45,2 k €
Total assets	199,9 k €	-16.3%	238,7 k €	-24.2%	315,1 k €	+22.1%	258,1 k €	-13.3%	297,7 k €	+26.7%	234,9 k €	+6.7%	220,2 k €	+19.2%	184,8 k €	+38.9%	133,1 k €	-26.6%	181,3 k €	-12.9%	208,1 k €	-26.4%	282,6 k €	+58.1%	178,8 k €	+21.8%	146,8 k €	+51.5%	96,9 k €	+40.5%	68,9 k €	+71.6%	40,2 k €	-49.8%	80,1 k €
Cash	121,8 k €	+70.2%	71,6 k €	-47.5%	136,4 k €	-0.2%	136,6 k €	-36.2%	214 k €	+113%	100,6 k €	-13.9%	116,9 k €	-17.1%	140,9 k €	+142%	58,2 k €	-32.8%	86,6 k €	-13.7%	100,5 k €	-44.4%	180,8 k €	+162%	69 k €	+4.2%	66,2 k €	+42.5%	46,5 k €	+65.4%	28,1 k €	+63.3%	17,2 k €	-65.9%	50,4 k €
Debts	86,5 k €	+84.9%	46,8 k €	-22.2%	60,1 k €	+42.3%	42,2 k €	-30.2%	60,5 k €	+33.6%	45,3 k €	+69.2%	26,8 k €	+49.9%	17,9 k €	-1.2%	18,1 k €	-36.4%	28,4 k €	+13.0%	25,1 k €	-73.7%	95,4 k €	+246%	27,5 k €	-56.1%	62,7 k €	+37.1%	45,8 k €	+81.9%	25,2 k €	+261%	7 k €	-80.0%	34,8 k €
Other
Workforce	–		–		–		–		–		1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	-45.0%	2,0 ETP	+42.9%	1,4 ETP	+55.6%	0,9 ETP		–		–		–		–		–

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 31/12/2024 · 1 active · 2 ended

Active mandates

Erwin Tielemans

Director · since 12 décembre 2001

Active

Ended mandates

Erwin Tielemans

Director

Ended

Erwin Tielemans

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
CONNECTING COMMUNICATION● Active	0740.707.836

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/09/2025	09/09/2024	31/07/2023	31/08/2022	27/09/2021	03/07/2020
General meeting	29/08/2025	11/06/2024	13/06/2023	14/06/2022	27/09/2021	09/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	29/08/2025	03/09/2025	Dutch	PDF
Micro model	31/12/2023	11/06/2024	09/09/2024	Dutch	PDF
Micro model	31/12/2022	13/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	14/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	27/09/2021	27/09/2021	Dutch	PDF
Micro model	31/12/2019	09/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	28/08/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	15/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	11/06/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	06/08/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	12/09/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	10/07/2007	Dutch	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 31/12/2024 · 1 active · 2 ended

Active mandates

Erwin Tielemans

Director · since 12 décembre 2001

Active

Ended mandates

Erwin Tielemans

Director

Ended

Erwin Tielemans

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other28/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING
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

2024
Annual accounts 2024-78,6 k €↓
2023
Annual accounts 2023-63 k €↓
2023
Name changeHUMAN MATTERS
2022
Annual accounts 202239,1 k €↑
2021
Annual accounts 202138 k €↓
2021
Name changeAdvisory Board For Communication And Didactics
2019
Annual accounts 201947,5 k €↑
2018
Annual accounts 2018-3,8 k €↓
2017
Annual accounts 201726,5 k €↓
2016
Annual accounts 201652 k €↑
2015
Annual accounts 2015-37,9 k €↓
2014
Annual accounts 2014-30,1 k €↓
2013
Annual accounts 2013-4,2 k €↓
2012
Annual accounts 201236 k €↓
2011
Annual accounts 201167,1 k €↑
2010
Annual accounts 201032,9 k €↑
2009
Annual accounts 20097,3 k €↓
2008
Annual accounts 200810,6 k €↑
2007
Annual accounts 2007-12 k €↓
2006
Annual accounts 20063,9 k €
12/12/2001
IncorporationPrivate 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

HUMAN MATTERS

Overview

What does HUMAN MATTERS do?

Trend over 18 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