ACTIVE

H.K.W.

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Financial year 2025 · closed on 31/12/2025

Net result

251,4 k €

+110.9% YoY

Revenue

4,8 M €

+7.5% YoY

Equity

35,6 M €

+0.7% YoY

Workforce

26,0 ETP

-7.8% YoY

What does H.K.W. do?

H.K.W. is a Public limited company incorporated in 2002. Its registered office is in Sint-Martens-Latem. It employs on average 26,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.122.986

Incorporation

23/12/2002

Legal form

Public limited company

Registered office

Moeistraat 15
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

27 425 000,00 €

Latest accounts

31/12/2025

Average workforce

26,0 ETP

Joint committees (3)

1000
200
2000

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2015		2014		2013		2012		2011		2010
Income statement
Revenue	4,8 M €	+7.5%	4,5 M €	-2.5%	4,6 M €	-3.3%	4,7 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	743,5 k €	+410%	-239,8 k €	-152%	463,2 k €	-62.6%	1,2 M €	-40.8%	2,1 M €	+0.2%	2,1 M €	+1.4%	2,1 M €	-26.3%	2,8 M €	+65.3%	1,7 M €	+21.1%	1,4 M €	-7.9%	1,5 M €	-7.5%	1,6 M €	+23.4%	1,3 M €	+26.6%	1 M €
Operating result	718,4 k €	+355%	-281,9 k €	-165%	433,1 k €	-60.5%	1,1 M €	-43.8%	2 M €	-0.6%	2 M €	+1.8%	1,9 M €	-30.0%	2,8 M €	+65.6%	1,7 M €	+21.5%	1,4 M €	-8.3%	1,5 M €	-8.1%	1,6 M €	+23.5%	1,3 M €	+26.2%	1 M €
Net result	251,4 k €	+111%	-2,3 M €	-125%	9,4 M €	+1435%	-702,7 k €	-425%	216,1 k €	-54.7%	476,8 k €	+273%	127,7 k €	-20.2%	160,1 k €	+2587%	6 k €	+179%	-7,5 k €	-457%	2,1 k €	-98.7%	159,7 k €	+290%	40,9 k €	+127%	18 k €
Balance sheet
Equity	35,6 M €	+0.7%	35,3 M €	-6.2%	37,6 M €	+33.2%	28,2 M €	-2.4%	28,9 M €	+1.0%	28,7 M €	+1.7%	28,2 M €	+0.5%	28,1 M €	+0.8%	27,8 M €	+0.0%	27,8 M €	-0.0%	27,8 M €	+0.0%	27,8 M €	+0.6%	27,7 M €	+94.4%	14,2 M €
Total assets	62,4 M €	+3.0%	60,6 M €	-9.2%	66,8 M €	-7.3%	72 M €	+0.4%	71,7 M €	+2.8%	69,7 M €	+1.4%	68,7 M €	-2.1%	70,2 M €	+2.6%	68,4 M €	+1.1%	67,7 M €	+0.6%	67,2 M €	+1.9%	66 M €	-0.2%	66,1 M €	+1.8%	64,9 M €
Cash	358,3 k €	-19.3%	444,2 k €	-88.9%	4 M €	+206%	1,3 M €	-65.1%	3,7 M €	+279%	983,4 k €	+22.3%	803,8 k €	-88.1%	6,7 M €	-8.7%	7,4 M €	-39.9%	12,3 M €	+12.5%	10,9 M €	+12.1%	9,7 M €	+579%	1,4 M €	-51.8%	3 M €
Debts	26,4 M €	+6.3%	24,8 M €	-10.5%	27,7 M €	-35.9%	43,2 M €	+2.3%	42,2 M €	+4.1%	40,6 M €	+1.3%	40 M €	-3.8%	41,6 M €	+3.9%	40,1 M €	+5.3%	38 M €	+1.1%	37,6 M €	-0.1%	37,7 M €	-0.9%	38 M €	-23.1%	49,4 M €
Other
Workforce	26,0 ETP	-7.8%	28,2 ETP	+16.0%	24,3 ETP	+1.3%	24,0 ETP	+14.8%	20,9 ETP	+21.5%	17,2 ETP	+4.9%	16,4 ETP	+12.3%	14,6 ETP	+4.3%	14,0 ETP	-5.4%	14,8 ETP	+4.2%	14,2 ETP	+10.9%	12,8 ETP	+42.2%	9,0 ETP	+12.5%	8,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 14 ended

Active mandates

Karl Hoeben

Director · since 16 décembre 2025 · until 15 décembre 2031

Active

Wendi Hoeben

Director · since 17 janvier 2024 · until 16 janvier 2030

Active

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2028 · 0678.522.126

Represented by Dominiek Plancke

Active

Hendrik Hoeben

Managing director · since 18 novembre 2020 · until 18 novembre 2026

Active

Ended mandates

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2025 · 0678.522.126

Represented by Plancke DOMINIEK

Ended

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2025 · 0678.522.126

Represented by Dominiek PLANCKE

Ended

Maria Claes

Director · since 18 novembre 2020 · until 17 janvier 2024

Ended

Hendrik Hoeben

Managing director · since 14 juillet 2016 · until 18 novembre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
EKO● Active	0859.791.469
Maatschap Hoeben-Claes● Active	0761.782.471

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	31/12/2019
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	13 months
Filing date	16/07/2026	24/07/2025	03/07/2024	25/07/2023	08/08/2022	09/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	29/06/2023	18/06/2022	19/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Full model	31/12/2022	29/06/2023	25/07/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	08/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	09/07/2021	Dutch	PDF
Abridged model	30/12/2019	14/07/2020	20/07/2020	Dutch	PDF
Abridged model	30/12/2018	30/06/2019	23/07/2019	Dutch	PDF
Abridged model	30/12/2017	30/06/2018	31/07/2018	Dutch	PDF
Abridged model	30/12/2016	17/06/2017	28/07/2017	Dutch	PDF
Abridged model	30/12/2015	18/06/2016	29/07/2016	Dutch	PDF
Abridged model	30/12/2014	20/06/2015	17/07/2015	Dutch	PDF
Abridged model	30/12/2013	30/06/2014	28/07/2014	Dutch	PDF
Abridged model	30/12/2012	30/06/2013	30/07/2013	Dutch	PDF
Abridged model	30/12/2011	16/06/2012	25/07/2012	Dutch	PDF
Abridged model	30/12/2010	08/07/2011	27/07/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 4 active · 14 ended

Active mandates

Karl Hoeben

Director · since 16 décembre 2025 · until 15 décembre 2031

Active

Wendi Hoeben

Director · since 17 janvier 2024 · until 16 janvier 2030

Active

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2028 · 0678.522.126

Represented by Dominiek Plancke

Active

Hendrik Hoeben

Managing director · since 18 novembre 2020 · until 18 novembre 2026

Active

Ended mandates

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2025 · 0678.522.126

Represented by Plancke DOMINIEK

Ended

Plan2Transform

Director · since 05 octobre 2022 · until 04 octobre 2025 · 0678.522.126

Represented by Dominiek PLANCKE

Ended

Maria Claes

Director · since 18 novembre 2020 · until 17 janvier 2024

Ended

Hendrik Hoeben

Managing director · since 14 juillet 2016 · until 18 novembre 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2022
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

2025
Annual accounts 2025251,4 k €↑
16/12/2025
nominationKarl Hoeben — bestuurder
04/10/2025
reconductionPlan2Transform BV — bestuurder
30/06/2025
reconductionFigurad Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 2024-2,3 M €↓
17/06/2024
nominationThierry Molenaar — dagelijks bestuurder
17/01/2024
nominationMaria Claes — erevoorzitter
17/01/2024
nominationHOEBEN Wendi Rose Frieda — bestuurder
2023
Annual accounts 20239,4 M €↑
2022
Annual accounts 2022-702,7 k €↓
09/11/2022
nominationBart Meganck — commissaris
05/10/2022
nominationPlan2Transform — bestuurder
05/10/2022
nominationFigurad Bedrijfsrevisoren — commissaris
2021
Annual accounts 2021216,1 k €↓
2019
Annual accounts 2019476,8 k €↑
2018
Annual accounts 2018127,7 k €↓
2017
Annual accounts 2017160,1 k €↑
2015
Annual accounts 20156 k €↑
2014
Annual accounts 2014-7,5 k €↓
2013
Annual accounts 20132,1 k €↓
2012
Annual accounts 2012159,7 k €↑
2011
Annual accounts 201140,9 k €↑
2010
Annual accounts 201018 k €
23/12/2002
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.K.W.

Overview

What does H.K.W. do?

Trend over 14 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