ACTIVE

HD CONSTRUCTIONS

Financial year 2025 · closed on 30/09/2025
Net result
29,9 k €
+177.3% YoY
Gross margin
72,1 k €
+65.7% YoY
Equity
83,6 k €
+48.6% YoY

What does HD CONSTRUCTIONS do?

HD CONSTRUCTIONS is a Private limited company incorporated in 2002. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Ronse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0476.944.545
Incorporation
21/02/2002
Legal form
Private limited company
Registered office
Rue Brokelaere 17
9600 Ronse · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin72,1 k €43,5 k €22,6 k €10,4 k €9,9 k €14,3 k €7,0 k €19,4 k €17,3 k €13,6 k €20,8 k €30,9 k €52,2 k €55,2 k €56,1 k €43,0 k €43,3 k €36,9 k €21,5 k €
EBITDA70,1 k €41,4 k €20,2 k €8,6 k €8,1 k €13,4 k €5,3 k €16,7 k €12,6 k €10,6 k €18,3 k €28,6 k €49,7 k €52,3 k €53,2 k €32,9 k €33,2 k €28,3 k €16,4 k €
Operating result50,2 k €21,6 k €7,2 k €838,1 €2,2 k €8,0 k €1,7 k €5,3 k €2,1 k €612,8 €7,0 k €1,8 k €16,5 k €9,4 k €14,8 k €-6,5 k €-5,2 k €-1,5 k €-3,7 k €
Net result29,9 k €10,8 k €3,1 k €-281,5 €1,8 k €6,1 k €772,9 €3,5 k €908,6 €394,2 €5,0 k €351,7 €10,8 k €4,1 k €7,5 k €-13,0 k €3,7 k €6,7 k €-6,1 k €
Balance sheet
Equity83,6 k €56,2 k €47,9 k €44,8 k €45,1 k €43,2 k €37,1 k €36,3 k €32,9 k €32,0 k €31,6 k €26,6 k €26,2 k €15,5 k €11,4 k €3,9 k €16,9 k €13,2 k €6,4 k €
Total assets273,2 k €188,7 k €151,9 k €131,2 k €84,5 k €100,2 k €88,8 k €101,9 k €98,4 k €97,6 k €120,5 k €105,3 k €147,4 k €134,6 k €138,7 k €136,7 k €179,1 k €132,6 k €93,3 k €
Cash178,7 k €87,0 k €37,1 k €49,7 k €22,4 k €50,7 k €52,8 k €68,6 k €44,0 k €52,3 k €58,9 k €33,8 k €93,6 k €65,4 k €63,4 k €27,9 k €30,7 k €27,7 k €27,5 k €
Debts146,1 k €126,0 k €101,2 k €85,1 k €37,6 k €56,3 k €51,2 k €65,2 k €59,4 k €61,2 k €79,4 k €77,8 k €118,5 k €113,5 k €127,1 k €132,8 k €162,2 k €119,4 k €86,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 2 ended

Active mandates

Dominique Hecq

Mandate

Active
Jenifer Hecq

Mandate

Active
Veronique Toye

Mandate

Active

Ended mandates

Dominique Hecq

Manager

Ended
Véronique Toye

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/09/202201/09/202101/09/202001/09/2019
Closing of the financial year30/09/202530/09/202430/09/202331/08/202231/08/202131/08/2020
Length of the financial year12 months12 months13 months12 months12 months12 months
Filing date30/03/202607/04/202523/04/202410/03/202308/03/202226/02/2021
General meeting27/03/202628/03/202529/03/202415/02/202311/02/202226/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202527/03/202630/03/2026DutchPDF
Micro model30/09/202428/03/202507/04/2025DutchPDF
Micro model30/09/202329/03/202423/04/2024DutchPDF
Micro model31/08/202215/02/202310/03/2023DutchPDF
Micro model31/08/202111/02/202208/03/2022DutchPDF
Micro model31/08/202026/01/202126/02/2021DutchPDF
Micro model31/08/201918/01/202004/02/2020DutchPDF
Micro model31/08/201818/01/201918/02/2019DutchPDF
Micro model31/08/201722/01/201822/02/2018DutchPDF
Abridged model31/08/201602/02/201706/02/2017DutchPDF
Abridged model31/08/201502/02/201610/02/2016DutchPDF
Abridged model31/08/201416/02/201526/02/2015DutchPDF
Abridged model31/08/201308/02/201406/03/2014DutchPDF
Abridged model31/08/201225/01/201322/02/2013DutchPDF
Abridged model31/08/201118/02/201222/02/2012DutchPDF
Abridged model31/08/201005/03/201124/03/2011DutchPDF
Abridged model31/08/200903/02/201022/03/2010DutchPDF
Abridged model31/08/200820/01/200910/02/2009DutchPDF
Abridged model31/08/200721/01/200827/03/2008DutchPDF
Abridged model31/08/200622/01/200720/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 30/09/2025 · 3 active · 2 ended

Active mandates

Dominique Hecq

Mandate

Active
Jenifer Hecq

Mandate

Active
Veronique Toye

Mandate

Active

Ended mandates

Dominique Hecq

Manager

Ended
Véronique Toye

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates09/07/2013
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 202529,9 k €
  2. 2024
    Annual accounts 202410,8 k €
  3. 2023
    Annual accounts 20233,1 k €
  4. 2022
    Annual accounts 2022-281,5 €
  5. 2021
    Annual accounts 20211,8 k €
  6. 2020
    Annual accounts 20206,1 k €
  7. 2019
    Annual accounts 2019772,9 €
  8. 2018
    Annual accounts 20183,5 k €
  9. 2017
    Annual accounts 2017908,6 €
  10. 2016
    Annual accounts 2016394,2 €
  11. 2015
    Annual accounts 20155,0 k €
  12. 2014
    Annual accounts 2014351,7 €
  13. 2013
    Annual accounts 201310,8 k €
  14. 2012
    Annual accounts 20124,1 k €
  15. 2011
    Annual accounts 20117,5 k €
  16. 2010
    Annual accounts 2010-13,0 k €
  17. 2009
    Annual accounts 20093,7 k €
  18. 2008
    Annual accounts 20086,7 k €
  19. 2007
    Annual accounts 2007-6,1 k €
  20. 21/02/2002
    IncorporationPrivate limited company