ACTIVE

HEMTITEC

Financial year 2025 · closed on 31/12/2025
Net result
43,9 k €
+202.5% YoY
Gross margin
178,7 k €
-61.8% YoY
Equity
288,6 k €
+0.5% YoY
Workforce
2,1 ETP
-68.7% YoY

What does HEMTITEC do?

HEMTITEC is a Private company with limited liability incorporated in 2002. Its registered office is in Geraardsbergen. It employs on average 2,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.324.717
Incorporation
13/09/2002
Legal form
Private company with limited liability
Registered office
Karmelietenstraat 48
9500 Geraardsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Joint committees (2)
  • 14901
  • 2010
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin178,7 k €467,5 k €536,6 k €447,6 k €317,2 k €198,5 k €234,8 k €225,2 k €159,3 k €154,7 k €148,6 k €86 k €
EBITDA65,2 k €47 k €73,2 k €115,3 k €69 k €38,6 k €42,3 k €81 k €60,6 k €72,1 k €71,2 k €35,3 k €
Operating result50,5 k €33,9 k €62,2 k €104,9 k €61,1 k €32,1 k €34,7 k €73,3 k €51,6 k €60,9 k €56,9 k €14,4 k €
Net result43,9 k €14,5 k €30,5 k €63,2 k €35,6 k €21,3 k €22,5 k €47,4 k €31,7 k €36,3 k €32,7 k €8,3 k €
Balance sheet
Equity288,6 k €287,3 k €272,8 k €242,3 k €261,2 k €225,5 k €204,2 k €181,7 k €134,3 k €102,5 k €66,2 k €33,5 k €
Total assets390,3 k €459,3 k €569,4 k €371,9 k €389,2 k €437,3 k €362 k €276,9 k €227,1 k €214,9 k €143,7 k €106,8 k €
Cash401 €76,6 €93,3 k €23,2 k €16,3 k €31,1 k €8,9 k €2,8 k €836,2 €
Debts101,6 k €172 k €296,6 k €129,6 k €128 k €211,7 k €157,8 k €92,1 k €92,9 k €112,4 k €77,4 k €73,3 k €
Other
Workforce2,1 ETP6,7 ETP8,0 ETP2,6 ETP2,0 ETP1,6 ETP
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 31/12/2025 · 1 active · 2 ended

Active mandates

GENEZA

Director · since 01 juillet 2023 · 0801.539.308

Represented by GENEZOV ANDREY

Active

Ended mandates

Tim Hemmerijckx

Director · since 01 juillet 2002

Ended
GENEZA

Director · 0801.539.308

Represented by Andrey Genezov

Ended
At this address

Other companies at this address

CompanyCBE no.
GENEZAActive
0801.539.308
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202609/09/202529/08/202425/04/202329/04/202207/06/2021
General meeting28/07/202605/09/202528/06/202401/03/202309/03/202231/05/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/07/202629/07/2026DutchPDF
Abridged model31/12/202405/09/202509/09/2025DutchPDF
Abridged model31/12/202328/06/202429/08/2024DutchPDF
Micro model31/12/202201/03/202325/04/2023DutchPDF
Micro model31/12/202109/03/202229/04/2022DutchPDF
Micro model31/12/202031/05/202107/06/2021DutchPDF
Micro model31/12/201931/03/202001/09/2020DutchPDF
Micro model31/12/201831/03/201903/07/2019DutchPDF
Micro model31/12/201731/03/201822/05/2018DutchPDF
Abridged model31/12/201615/03/201712/05/2017DutchPDF
Abridged model31/12/201517/03/201629/04/2016DutchPDF
Abridged model31/12/201401/03/201518/05/2015DutchPDF
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 31/12/2025 · 1 active · 2 ended

Active mandates

GENEZA

Director · since 01 juillet 2023 · 0801.539.308

Represented by GENEZOV ANDREY

Active

Ended mandates

Tim Hemmerijckx

Director · since 01 juillet 2002

Ended
GENEZA

Director · 0801.539.308

Represented by Andrey Genezov

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/07/2023
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/10/2014
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
    PDF
  • Mandates22/07/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/04/2012
    OBJET
    PDF
  • Mandates02/03/2012
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office29/02/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office03/03/2006
    SIEGE SOCIAL
    PDF
  • Registered office23/02/2004
    SIEGE SOCIAL
    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 202543,9 k €
  2. 2024
    Annual accounts 202414,5 k €
  3. 2023
    Annual accounts 202330,5 k €
  4. 2022
    Annual accounts 202263,2 k €
  5. 2021
    Annual accounts 202135,6 k €
  6. 2020
    Annual accounts 202021,3 k €
  7. 2019
    Annual accounts 201922,5 k €
  8. 2018
    Annual accounts 201847,4 k €
  9. 2017
    Annual accounts 201731,7 k €
  10. 2016
    Annual accounts 201636,3 k €
  11. 2015
    Annual accounts 201532,7 k €
  12. 2014
    Annual accounts 20148,3 k €
  13. 13/09/2002
    IncorporationPrivate company with limited liability