ACTIVE

HORNBEAM HEDGE

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Financial year 2025 · Closed on 31/12/2025

Net result-16,1 k €-157,9 %over 1 year
Gross margin55 k €+243,5 %over 1 year
Equity-1 M €-1,6 %over 1 year

Identity

Source · BCE/KBO

HORNBEAM HEDGE is a Public limited company incorporated in 2013. Its main activity is: Development of building projects. Its registered office is in Grimbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0534.785.546
Incorporation
29/05/2013
Legal form
Public limited company
Registered office
Boechoutlaan 221
1853 Grimbergen · FlandreSee on map
Contributed capital
7 194 958,60 €
Latest accounts
31/12/2025
Signals
Good liquidity

Financials

Source · NBB, 13 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin55 k €16 k €-4,1 k €-4,8 k €-4,3 k €
EBITDA-13,4 k €-4,4 k €-5,2 k €-5,2 k €-4,7 k €
Operating result-13,4 k €-4,4 k €-5,2 k €-5,2 k €-4,7 k €
Net result-16,1 k €-6,3 k €-5,6 k €-5,4 k €-4,9 k €
Balance sheet
Equity-1 M €-1 M €-1 M €-1 M €-1 M €
Total assets2,8 M €2,7 M €2,5 M €2,4 M €2,4 M €
Cash1,5 k €616,2 €1,4 k €2,1 k €1,6 k €
Debts3,9 M €3,7 M €3,5 M €3,4 M €3,4 M €

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Ann DE KELVER

Director · since 05 juin 2025 · until 05 juin 2031

Active
Bart VERHAEGHE

Chairman of the board of directors · since 05 juin 2025 · until 05 juin 2031

Active
Jan VAN LANCKER

Managing director · since 05 juin 2022 · until 05 juin 2031

Active

Ended mandates

Ann DE KELVER

Director · since 04 juin 2020 · until 05 juin 2025

Ended
Bart VERHAEGHE

Chairman of the board of directors · since 18 décembre 2019 · until 18 décembre 2025

Ended
Jan VAN LANCKER

Managing director · since 18 décembre 2019 · until 18 décembre 2025

Ended
Kristof LEMAHIEU

Director · since 18 décembre 2019 · until 04 juin 2020

Ended

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FAGUS INVEST● Active
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QUERCUS FORTIS● Active
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date19/06/202624/07/202516/07/202407/07/202330/08/202221/06/2021
General meeting19/06/202605/06/202506/06/202401/06/202302/06/202203/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202519/06/202619/06/2026DutchPDF
Abridged model31/12/202405/06/202524/07/2025DutchPDF
Abridged model31/12/202306/06/202416/07/2024DutchPDF
Abridged model31/12/202201/06/202307/07/2023DutchPDF
Abridged model31/12/202102/06/202230/08/2022DutchPDF
Abridged model31/12/202003/06/202121/06/2021DutchPDF
Abridged model31/12/201904/06/202013/07/2020DutchPDF
Abridged model31/12/201811/06/201931/07/2019DutchPDF
Abridged model31/12/201711/06/201818/07/2018DutchPDF
Abridged model31/12/201612/06/201713/06/2017DutchPDF
Full model31/12/201513/06/201629/06/2016DutchPDF
Abridged model31/12/201408/06/201515/06/2015DutchPDF
Abridged model31/12/201309/06/201418/06/2014DutchPDF

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

Ann DE KELVER

Director · since 05 juin 2025 · until 05 juin 2031

Active
Bart VERHAEGHE

Chairman of the board of directors · since 05 juin 2025 · until 05 juin 2031

Active
Jan VAN LANCKER

Managing director · since 05 juin 2022 · until 05 juin 2031

Active

Ended mandates

Ann DE KELVER

Director · since 04 juin 2020 · until 05 juin 2025

Ended
Bart VERHAEGHE

Chairman of the board of directors · since 18 décembre 2019 · until 18 décembre 2025

Ended
Jan VAN LANCKER

Managing director · since 18 décembre 2019 · until 18 décembre 2025

Ended
Kristof LEMAHIEU

Director · since 18 décembre 2019 · until 04 juin 2020

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/03/2026
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates05/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/07/2013
    BOEKJAAR
    PDF
  • Other07/06/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2025
    Annual accounts 2025-16,1 k €↓
  2. 2024
    Annual accounts 2024-6,3 k €↓
  3. 2023
    Annual accounts 2023-5,6 k €↓
  4. 2022
    Annual accounts 2022-5,4 k €↓
  5. 2021
    Annual accounts 2021-4,9 k €↓
  6. 2020
    Annual accounts 2020-4,7 k €↑
  7. 2019
    Annual accounts 2019-4,8 k €↓
  8. 2018
    Annual accounts 2018-3,4 k €↓
  9. 2017
    Annual accounts 2017-3,2 k €↑
  10. 2016
    Annual accounts 2016-3,7 k €↑
  11. 2015
    Annual accounts 2015-14,6 k €↑
  12. 2014
    Annual accounts 2014-1,4 M €
  13. 29/05/2013
    IncorporationPublic limited company