NORMAL SITUATION

HOUBEN MALMEDY S.A.

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Financial year 2025 · closed on 31/12/2025

Net result

32 k €

+165.5% YoY

Revenue

2,5 M €

+6.6% YoY

Equity

2,7 M €

+0.1% YoY

Workforce

6,9 ETP

+16.9% YoY

Company — Normal situation.

Strike-off: 14 août 2026

What does HOUBEN MALMEDY S.A. do?

HOUBEN MALMEDY S.A. is a Public limited company incorporated in 2002. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.150.603

Incorporation

26/12/2002

Legal form

Public limited company

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

6,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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	2,5 M €	+6.6%	2,3 M €	-1.1%	2,4 M €	-9.9%	2,6 M €	+12.1%	2,3 M €	+7.6%	2,2 M €	+1.4%	2,1 M €	+4.9%	2 M €	+2.2%	2 M €	+1.4%	2 M €	-3.5%	2 M €	-3.9%	2,1 M €	-0.9%	2,1 M €	+8.6%	2 M €	+13.7%	1,7 M €		–		–		–		–		–
EBITDA	60,8 k €	+168%	-89 k €	-155%	162,4 k €	-37.0%	257,9 k €	-9.6%	285,1 k €	+2.0%	279,5 k €	+49.3%	187,2 k €	+1.6%	184,2 k €	+15.5%	159,5 k €	+36.8%	116,6 k €	-6.6%	124,9 k €	-39.7%	207,3 k €	-26.8%	283,2 k €	+27.0%	223 k €	+8.9%	204,7 k €	+1.9%	200,9 k €	+10.9%	181,2 k €	-34.4%	276,3 k €	+8.7%	254,1 k €	+257%	71,2 k €
Operating result	34,1 k €	+131%	-109,3 k €	-178%	140,7 k €	-39.9%	234,1 k €	-15.2%	275,9 k €	+7.4%	256,9 k €	+57.2%	163,4 k €	+3.9%	157,3 k €	+10.0%	143 k €	+44.0%	99,3 k €	+0.6%	98,7 k €	-43.9%	175,9 k €	-33.9%	265,9 k €	+55.4%	171,1 k €	+5.1%	162,8 k €	-1.0%	164,4 k €	+13.8%	144,5 k €	-35.2%	223,1 k €	-1.7%	227 k €	+532%	35,9 k €
Net result	32 k €	+166%	-48,9 k €	-130%	164,7 k €	-27.6%	227,5 k €	-12.2%	259,1 k €	+35.2%	191,6 k €	+61.8%	118,5 k €	+4.2%	113,7 k €	+14.6%	99,3 k €	+39.7%	71 k €	-8.0%	77,2 k €	-32.0%	113,5 k €	-33.4%	170,5 k €	+68.7%	101,1 k €	+10.3%	91,6 k €	-1.0%	92,5 k €	+9.1%	84,8 k €	-61.4%	219,7 k €	-74.9%	873,9 k €	+7932%	10,9 k €
Balance sheet
Equity	2,7 M €	+0.1%	2,7 M €	-1.8%	2,7 M €	+2.8%	2,7 M €	+3.9%	2,6 M €	+6.3%	2,4 M €	+3.6%	2,3 M €	+5.4%	2,2 M €	+5.4%	2,1 M €	+5.0%	2 M €	+3.7%	1,9 M €	+4.2%	1,8 M €	+6.6%	1,7 M €	+10.9%	1,6 M €	+6.9%	1,5 M €	+6.7%	1,4 M €	+7.2%	1,3 M €	+7.1%	1,2 M €	+22.5%	973,5 k €	+872%	100,2 k €
Total assets	3,1 M €	-0.4%	3,1 M €	-4.8%	3,3 M €	+8.5%	3 M €	+0.7%	3 M €	+5.7%	2,8 M €	+6.9%	2,7 M €	+0.1%	2,7 M €	-0.5%	2,7 M €	+3.7%	2,6 M €	-1.6%	2,6 M €	-7.1%	2,8 M €	-0.4%	2,8 M €	+5.7%	2,7 M €	+3.8%	2,6 M €	+3.9%	2,5 M €	-2.9%	2,6 M €	+2.2%	2,5 M €	+6.9%	2,3 M €	-0.6%	2,4 M €
Cash	140,8 k €	+22.5%	114,9 k €	-32.3%	169,8 k €	-22.3%	218,4 k €	-21.8%	279,4 k €	+1.9%	274,4 k €	+268%	74,6 k €	+50.0%	49,7 k €	-50.2%	99,8 k €	+253%	28,2 k €	-58.9%	68,8 k €	+56.8%	43,8 k €	-25.2%	58,6 k €	+4.0%	56,4 k €	+4.8%	53,8 k €	+61.3%	33,4 k €	-46.9%	62,8 k €	+45.4%	43,2 k €	+157%	16,8 k €	-78.4%	78,1 k €
Debts	421 k €	+0.5%	418,8 k €	-20.4%	526,3 k €	+53.6%	342,6 k €	-21.5%	436,1 k €	+5.9%	411,7 k €	+31.7%	312,5 k €	-25.3%	418,5 k €	-25.0%	558 k €	+0.6%	554,5 k €	-17.5%	671,8 k €	-27.7%	929,3 k €	-11.3%	1 M €	-0.5%	1,1 M €	-2.5%	1,1 M €	-1.5%	1,1 M €	-13.7%	1,3 M €	-0.8%	1,3 M €	-6.2%	1,4 M €	-39.3%	2,2 M €
Other
Workforce	6,9 ETP	+16.9%	5,9 ETP	-1.7%	6,0 ETP	+1.7%	5,9 ETP	0.0%	5,9 ETP	+20.4%	4,9 ETP	+11.4%	4,4 ETP	+63.0%	2,7 ETP	-43.7%	4,8 ETP	-4.0%	5,0 ETP	+6.4%	4,7 ETP	0.0%	4,7 ETP	-4.1%	4,9 ETP	+11.4%	4,4 ETP	+10.0%	4,0 ETP	+2.6%	3,9 ETP	+14.7%	3,4 ETP	+36.0%	2,5 ETP	+4.2%	2,4 ETP	-11.1%	2,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Laurent HOUBEN

Managing director · since 11 décembre 2023 · until 10 décembre 2029

Active

Michel HOUBEN

Director · since 11 décembre 2023 · until 10 décembre 2029

Active

Ended mandates

Laurent HOUBEN

Managing director · since 18 mai 2018 · until 17 mai 2024

Ended

Michel HOUBEN

Director · since 18 mai 2018 · until 17 mai 2024

Ended

Laurent HOUBEN

Managing director · since 29 septembre 2012 · until 28 septembre 2018

Ended

Michel HOUBEN

Director · since 29 septembre 2012 · until 28 septembre 2018

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	04/06/2026	28/05/2025	24/05/2024	01/06/2023	23/05/2022	31/05/2021
General meeting	15/05/2026	16/05/2025	15/05/2024	17/05/2023	18/05/2022	21/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/05/2026	04/06/2026	French	PDF
Full model	31/12/2024	16/05/2025	28/05/2025	French	PDF
Full model	31/12/2023	15/05/2024	24/05/2024	French	PDF
Full model	31/12/2022	17/05/2023	01/06/2023	French	PDF
Full model	31/12/2021	18/05/2022	23/05/2022	French	PDF
Full model	31/12/2020	21/05/2021	31/05/2021	French	PDF
Full model	31/12/2019	20/05/2020	02/06/2020	French	PDF
Full model	31/12/2018	17/05/2019	27/05/2019	French	PDF
Full model	31/12/2017	18/05/2018	15/06/2018	French	PDF
Full model	31/12/2016	19/05/2017	12/07/2017	French	PDF
Full model	31/12/2015	20/05/2016	20/07/2016	French	PDF
Full model	31/12/2014	15/05/2015	12/06/2015	French	PDF
Full model	31/12/2013	16/05/2014	13/06/2014	French	PDF
Full model	31/12/2012	17/05/2013	26/06/2013	French	PDF
Full model	31/12/2011	18/05/2012	14/06/2012	French	PDF
Abridged model	31/12/2010	20/05/2011	27/05/2011	French	PDF
Abridged model	31/12/2009	21/05/2010	15/06/2010	French	PDF
Abridged model	31/12/2008	15/05/2009	02/06/2009	French	PDF
Abridged model	31/12/2007	16/05/2008	13/06/2008	French	PDF
Abridged model	31/12/2006	18/05/2007	15/06/2007	French	PDF

Estimate

Indicative valuation

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 · 8 ended

Active mandates

Laurent HOUBEN

Managing director · since 11 décembre 2023 · until 10 décembre 2029

Active

Michel HOUBEN

Director · since 11 décembre 2023 · until 10 décembre 2029

Active

Ended mandates

Laurent HOUBEN

Managing director · since 18 mai 2018 · until 17 mai 2024

Ended

Michel HOUBEN

Director · since 18 mai 2018 · until 17 mai 2024

Ended

Laurent HOUBEN

Managing director · since 29 septembre 2012 · until 28 septembre 2018

Ended

Michel HOUBEN

Director · since 29 septembre 2012 · until 28 septembre 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Dissolution26/08/2026
DISSOLUTION SUITE A FUSION
PDF
Restructuring18/06/2026
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates23/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates12/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - DIVERS - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates09/08/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates14/10/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares26/01/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/07/2008
DEMISSIONS, NOMINATIONS
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 202532 k €↑
2024
Annual accounts 2024-48,9 k €↓
2023
Annual accounts 2023164,7 k €↓
2022
Annual accounts 2022227,5 k €↓
2021
Annual accounts 2021259,1 k €↑
2020
Annual accounts 2020191,6 k €↑
2019
Annual accounts 2019118,5 k €↑
2018
Annual accounts 2018113,7 k €↑
2017
Annual accounts 201799,3 k €↑
2016
Annual accounts 201671 k €↓
2015
Annual accounts 201577,2 k €↓
2014
Annual accounts 2014113,5 k €↓
2013
Annual accounts 2013170,5 k €↑
2012
Annual accounts 2012101,1 k €↑
2011
Annual accounts 201191,6 k €↓
2010
Annual accounts 201092,5 k €↑
2009
Annual accounts 200984,8 k €↓
2008
Annual accounts 2008219,7 k €↓
2007
Annual accounts 2007873,9 k €↑
2006
Annual accounts 200610,9 k €
26/12/2002
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

HOUBEN MALMEDY S.A.

Overview

What does HOUBEN MALMEDY S.A. do?

Trend over 20 financial years

Board of directors

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