ACTIVE

H+B

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Financial year 2025 · closed on 31/12/2025
Net result
-13,9 k €
+31.2% YoY
Gross margin
-10,3 k €
+65.2% YoY
Equity
1,8 M €
-0.8% YoY

What does H+B do?

H+B is a Private limited company incorporated in 2014. Its main activity is: Management consultancy activities. Its registered office is in Vilvoorde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0567.794.547
Incorporation
13/11/2014
Legal form
Private limited company
Registered office
Kruittuin 8 box 6.03
1800 Vilvoorde · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
Solid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120192018201720162015
Income statement
Gross margin-10,3 k €-29,5 k €-7,7 k €189,5 k €498,3 k €327,9 k €160 k €341,7 k €401,2 k €644,1 k €
EBITDA-13,8 k €-31,1 k €-24,7 k €93,2 k €496,4 k €324,4 k €151,7 k €340,4 k €400,3 k €638,5 k €
Operating result-38,7 k €-51,1 k €-48,2 k €81,5 k €485,8 k €309,7 k €137,1 k €326,6 k €386,1 k €622,7 k €
Net result-13,9 k €-20,1 k €-33 k €51,1 k €332,8 k €202,5 k €94,2 k €195 k €231,5 k €370,3 k €
Balance sheet
Equity1,8 M €1,8 M €1,8 M €1,8 M €1,8 M €1,1 M €897,1 k €802,9 k €607,9 k €376,5 k €
Total assets1,8 M €1,8 M €1,8 M €1,8 M €1,8 M €1,1 M €1 M €939,1 k €1 M €637 k €
Cash117,7 k €363,2 k €213,3 k €1,2 M €1,6 M €973 k €931,1 k €814,9 k €837,4 k €537,9 k €
Debts3,4 k €3,7 k €11,1 k €1,4 k €8,7 k €46 k €147,3 k €136,2 k €411,5 k €260,5 k €
Other
Workforce–––––––––0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Hugues Bogaerts

Director · since 13 novembre 2014

Active

Ended mandates

Hugues Bogaerts

Manager · since 13 novembre 2014

Ended
At this address

Other companies at this address

CompanyCBE no.
Apho● Active
0797.240.723
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date21/06/202625/06/202529/07/202430/07/202309/07/202218/06/2021
General meeting03/04/202628/03/202529/03/202431/03/202325/03/202226/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202503/04/202621/06/2026DutchPDF
Micro model31/12/202428/03/202525/06/2025DutchPDF
Micro model31/12/202329/03/202429/07/2024DutchPDF
Micro model31/12/202231/03/202330/07/2023DutchPDF
Micro model31/12/202125/03/202209/07/2022DutchPDF
Micro model31/12/202026/03/202118/06/2021DutchPDF
Micro model31/12/201927/03/202024/06/2020DutchPDF
Micro model31/12/201829/03/201904/07/2019DutchPDF
Micro model31/12/201730/03/201830/06/2018DutchPDF
Micro model31/12/201631/03/201730/06/2017DutchPDF
Abridged model31/12/201525/03/201630/07/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Hugues Bogaerts

Director · since 13 novembre 2014

Active

Ended mandates

Hugues Bogaerts

Manager · since 13 novembre 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/02/2025
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/11/2014
    (voluit) :
    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

Timeline

  1. 2025
    Annual accounts 2025-13,9 k €↑
  2. 2024
    Annual accounts 2024-20,1 k €↑
  3. 2023
    Annual accounts 2023-33 k €↓
  4. 2022
    Annual accounts 202251,1 k €↓
  5. 2021
    Annual accounts 2021332,8 k €↑
  6. 2019
    Annual accounts 2019202,5 k €↑
  7. 2018
    Annual accounts 201894,2 k €↓
  8. 2017
    Annual accounts 2017195 k €↓
  9. 2016
    Annual accounts 2016231,5 k €↓
  10. 2015
    Annual accounts 2015370,3 k €
  11. 13/11/2014
    IncorporationPrivate limited company