ACTIVE

HIGHWAY REAL ESTATE

Financial year 2024 · Closed on 31/12/2024

Net result
106,1 k €
+147,0 %over 1 year
Revenue
423,2 k €
+25,5 %over 1 year
Equity
601 k €
+21,4 %over 1 year

Identity

Source · BCE/KBO

HIGHWAY REAL ESTATE is a Public limited company incorporated in 2013. Its registered office is in Menen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0537.269.241
Incorporation
24/07/2013
Legal form
Public limited company
Registered office
Hogeweg 245
8930 Menen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Joint committees (3)
  • 126
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 9 financial years

20242023202220212018
Income statement
Revenue423,2 k €337,1 k €306,5 k €319,1 k €1,8 M €
EBITDA401,4 k €308,2 k €224,8 k €237,1 k €318,6 k €
Operating result177 k €78,8 k €46,5 k €31,1 k €80,4 k €
Net result106,1 k €43 k €11 k €3,8 k €39,3 k €
Balance sheet
Equity601 k €494,9 k €451,9 k €440,9 k €229,5 k €
Total assets2,2 M €2,2 M €2,4 M €2,5 M €2,9 M €
Cash66 k €47,3 k €87 k €101,2 k €20 k €
Debts1,6 M €1,7 M €1,9 M €2 M €2,6 M €
Other
Workforce0,0 ETP5,7 ETP9,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 7 ended

Active mandates

CeCo Investments

Director · 0824.117.839

Represented by Gregory Minne

Active
RODECOM

Director · 0823.838.519

Represented by Robbert Desmet

Active

Ended mandates

CeCo Investments

Director · since 24 mars 2020 · until 17 juin 2025 · 0824.117.839

Represented by Gregory Minne

Ended
RODECOM

Director · since 24 mars 2020 · until 17 juin 2025 · 0823.838.519

Represented by Robbert Desmet

Ended
CeCo Investments

Manager · since 19 juillet 2013 · 0824.117.839

Represented by Grégory Minne

Ended
RODECOM

Manager · since 19 juillet 2013 · 0823.838.519

Represented by Robbert Desmet

Ended

Other companies at this address

Hogeweg 245 8930 Menen
CompanyCBE no.
Belgiqa SalesActive
0771.605.504
BELGIQA UNITEDActive
0745.632.961
Highway GroupActive
0804.763.765
HIGHWAY MOTORSActive
0768.506.155
UnicusActive
0642.549.279
WOODSTOXXActive
0887.365.995
WXXActive
0660.610.976

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202519/06/202421/06/202314/07/202213/07/202117/06/2020
General meeting04/07/202518/06/202422/05/202321/06/202215/06/202116/06/2020
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202404/07/202530/07/2025DutchPDF
Full model31/12/202318/06/202419/06/2024DutchPDF
Full model31/12/202222/05/202321/06/2023DutchPDF
Full model31/12/202121/06/202214/07/2022DutchPDF
Full model31/12/202015/06/202113/07/2021DutchPDF
Full model31/12/201916/06/202017/06/2020DutchPDF
Full model31/12/201828/06/201929/07/2019DutchPDF
Abridged model31/12/201717/04/201809/05/2018DutchPDF
Abridged model31/12/201631/03/201706/04/2017DutchPDF
Abridged model31/12/201521/06/201607/07/2016DutchPDF
Abridged model31/12/201416/06/201522/07/2015DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 7 ended

Active mandates

CeCo Investments

Director · 0824.117.839

Represented by Gregory Minne

Active
RODECOM

Director · 0823.838.519

Represented by Robbert Desmet

Active

Ended mandates

CeCo Investments

Director · since 24 mars 2020 · until 17 juin 2025 · 0824.117.839

Represented by Gregory Minne

Ended
RODECOM

Director · since 24 mars 2020 · until 17 juin 2025 · 0823.838.519

Represented by Robbert Desmet

Ended
CeCo Investments

Manager · since 19 juillet 2013 · 0824.117.839

Represented by Grégory Minne

Ended
RODECOM

Manager · since 19 juillet 2013 · 0823.838.519

Represented by Robbert Desmet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring31/07/2026
    DOEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring02/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares30/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates20/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring10/08/2021
    BENAMING - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/05/2021
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates18/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/04/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024106,1 k €
  2. 2023
    Annual accounts 202343 k €
  3. 2022
    Annual accounts 202211 k €
  4. 2021
    Annual accounts 20213,8 k €
  5. 2018
    Annual accounts 201839,3 k €
  6. 2017
    Annual accounts 201733,7 k €
  7. 2016
    Annual accounts 201654,6 k €
  8. 2015
    Annual accounts 2015110,3 k €
  9. 2014
    Annual accounts 2014-14,6 k €
  10. 24/07/2013
    IncorporationPublic limited company