ACTIVE

NHV Group

Financial year 2025 · Closed on 31/12/2025

Net result-2,1 M €-144,1 %over 1 year
Revenue1,3 M €+111,4 %over 1 year
Equity171,2 M €-1,2 %over 1 year

Identity

Source · BCE/KBO

NHV Group is a Public limited company incorporated in 2014. Its main activity is: Service activities incidental to air transportation. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0544.424.376
Incorporation
09/01/2014
Legal form
Public limited company
Registered office
Kalkaertstraat 101
8400 Oostende · FlandreSee on map
Contributed capital
335 353 444,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityPositive EBITDAHigh revenue

Financials

Source · NBB, 23 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue1,3 M €625,8 k €1 M €1,8 M €1,5 M €
EBITDA64,1 k €-1,6 M €-780,3 k €-342,9 k €23,4 k €
Operating result64,1 k €-1,6 M €-780,3 k €-342,9 k €23,4 k €
Net result-2,1 M €4,8 M €4,8 M €5,2 M €5,2 M €
Balance sheet
Equity171,2 M €173,3 M €168,5 M €163,7 M €158,4 M €
Total assets205,6 M €218 M €212,4 M €203,7 M €196,4 M €
Cash69,8 k €4,9 k €7,3 k €217 k €107,4 k €
Debts34,3 M €44,7 M €43,8 M €40 M €37,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 43 ended

Active mandates

Olivier Personnaz

Director · since 21 février 2025

Active
DOos

Director · since 01 janvier 2025 · until 31 décembre 2026 · 0462.029.410

Represented by Eric Van Hal

Active
Lars-Henrik Thorngreen

Director · since 18 novembre 2024

Active
Anaïs Robin

Director · since 09 décembre 2020 · until 05 juin 2026

Active
Arjulo

Director · since 09 décembre 2020 · until 05 juin 2026 · 0816.961.219

Represented by Liesbeth Tielemans

Active
Béatrice Beitmann

Director · since 09 décembre 2020 · until 05 juin 2026

Active
Nicolas Darnaud

Director · since 09 décembre 2020 · until 21 février 2025

Active

Ended mandates

Anaïs Robin

Director · since 09 décembre 2020 · until 04 juin 2027

Ended
Arjulo

Director · since 09 décembre 2020 · until 04 juin 2027 · 0816.961.219

Represented by Liesbeth Tielemans

Ended
Béatrice Beitmann

Director · since 09 décembre 2020 · until 04 juin 2027

Ended
DOos

Director · since 09 décembre 2020 · until 31 décembre 2024 · 0462.029.410

Represented by Eric Van Hal

Ended

Other companies at this address

Kalkaertstraat 101 8400 Oostende
CompanyCBE no.
NHV INVEST● Active
0898.305.716
NHV Management● Active
0720.934.682
0460.718.920

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date23/06/202630/06/202504/07/202420/07/202318/07/202225/06/2021
General meeting05/06/202606/06/202528/06/202430/06/202324/06/202204/06/2021
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, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202505/06/202623/06/2026DutchPDF
Full model31/12/202406/06/202530/06/2025DutchPDF
Consolidated accounts31/12/202406/06/202503/07/2025DutchPDF
Full model31/12/202328/06/202404/07/2024DutchPDF
Consolidated accounts31/12/202328/06/202404/07/2024DutchPDF
Full model31/12/202230/06/202320/07/2023DutchPDF
Consolidated accounts31/12/202230/06/202319/07/2023DutchPDF
Full model31/12/202124/06/202218/07/2022DutchPDF
Consolidated accounts31/12/202124/06/202219/07/2022DutchPDF
Full model31/12/202004/06/202125/06/2021DutchPDF
Consolidated accounts31/12/202004/06/202125/06/2021DutchPDF
Full model31/12/201906/07/202022/07/2020DutchPDF
Consolidated accounts31/12/201906/07/202022/07/2020DutchPDF
Full model31/12/201811/06/201904/07/2019DutchPDF
Consolidated accounts31/12/201811/06/201904/07/2019DutchPDF
Full model31/12/201701/06/201814/06/2018DutchPDF
Consolidated accounts31/12/201701/06/201815/06/2018DutchPDF
Full model31/12/201621/06/201728/06/2017DutchPDF
Consolidated accounts31/12/201621/06/201728/06/2017DutchPDF
Full model31/12/201524/06/201628/06/2016DutchPDF
Consolidated accounts31/12/201524/06/201628/06/2016DutchPDF
Full model31/12/201405/06/201524/06/2015DutchPDF
Consolidated accounts31/12/201405/06/201525/06/2015DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 43 ended

Active mandates

Olivier Personnaz

Director · since 21 février 2025

Active
DOos

Director · since 01 janvier 2025 · until 31 décembre 2026 · 0462.029.410

Represented by Eric Van Hal

Active
Lars-Henrik Thorngreen

Director · since 18 novembre 2024

Active
Anaïs Robin

Director · since 09 décembre 2020 · until 05 juin 2026

Active
Arjulo

Director · since 09 décembre 2020 · until 05 juin 2026 · 0816.961.219

Represented by Liesbeth Tielemans

Active
Béatrice Beitmann

Director · since 09 décembre 2020 · until 05 juin 2026

Active
Nicolas Darnaud

Director · since 09 décembre 2020 · until 21 février 2025

Active

Ended mandates

Anaïs Robin

Director · since 09 décembre 2020 · until 04 juin 2027

Ended
Arjulo

Director · since 09 décembre 2020 · until 04 juin 2027 · 0816.961.219

Represented by Liesbeth Tielemans

Ended
Béatrice Beitmann

Director · since 09 décembre 2020 · until 04 juin 2027

Ended
DOos

Director · since 09 décembre 2020 · until 31 décembre 2024 · 0462.029.410

Represented by Eric Van Hal

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/08/2021
    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. 2025
    Annual accounts 2025-2,1 M €↓
  2. 21/02/2025
    nominationOlivier Personnaz — bestuurder
  3. 01/01/2025
    reconductionDOoS NV — bestuurder
  4. 2024
    Annual accounts 20244,8 M €↓
  5. 18/11/2024
    nominationLars-Henrik Thorngreen — CEO (‘persoon belast met het dagelijks bestuur’)
  6. 18/11/2024
    nominationThorngreen Management Consult — CEO (‘persoon belast met het dagelijkse bestuur’)
  7. 18/11/2024
    nominationLars-Henrik Thorngreen — vertegenwoordiger van Thorngreen Management Consult
  8. 15/10/2024
    nominationGrant Thornton Bedrijfsrevisoren BV — commissaris
  9. 15/10/2024
    nominationElie Janssens — permanente vertegenwoordiger
  10. 2023
    Annual accounts 20234,8 M €↓
  11. 01/07/2023
    nominationTim Vanheuverzwijn — commissaris
  12. 2022
    Annual accounts 20225,2 M €↑
  13. 2021
    Annual accounts 20215,2 M €↑
  14. 01/12/2021
    nominationThomas Hütsch — CEO en de persoon belast met het dagelijks bestuur
  15. 2020
    Annual accounts 2020-147,2 M €↓
  16. 2019
    Annual accounts 2019-11,2 M €↓
  17. 2018
    Annual accounts 2018-6,6 M €↓
  18. 2017
    Annual accounts 2017-3,6 M €↓
  19. 2016
    Annual accounts 2016-3,1 M €↓
  20. 2015
    Annual accounts 2015-3 M €↑
  21. 2014
    Annual accounts 2014-7,6 M €
  22. 09/01/2014
    IncorporationPublic limited company