ACTIVE

HEB

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Financial year 2025 · closed on 31/12/2025
Net result
-111,1 k €
-125.3% YoY
Revenue
14,4 M €
-4.5% YoY
Equity
1,7 M €
-6.8% YoY
Workforce
94,0 ETP
+1.7% YoY

What does HEB do?

HEB is a Private limited company incorporated in 2015. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Sint-Martens-Latem. It employs on average 94,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0597.747.850
Incorporation
06/02/2015
Legal form
Private limited company
Registered office
Kortrijksesteenweg 48 box 5
9830 Sint-Martens-Latem · FlandreSee on map
Contributed capital
3 780 300,00 €
Latest accounts
31/12/2025
Average workforce
94,0 ETP
Activities (NACE)
56101Restaurants and mobile food service activities· main56102Restaurants and mobile food service activities56111Restaurants and mobile food service activities56112Restaurants and mobile food service activities
Joint committees (1)
  • 302
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue14,4 M €15,1 M €16,6 M €15,7 M €11 M €––––
EBITDA1,3 M €1,8 M €1,2 M €129,6 k €-174,6 k €-173,2 k €1 M €553,4 k €-85 k €
Operating result234,3 k €656,3 k €98,8 k €-855,2 k €-895,4 k €-710,8 k €554,6 k €268,3 k €-222,3 k €
Net result-111,1 k €439,9 k €16,6 k €-1 M €-969 k €-777,8 k €465 k €209,3 k €-284,1 k €
Balance sheet
Equity1,7 M €1,8 M €1,4 M €1,3 M €2,3 M €3,3 M €2,1 M €1,6 M €332,9 k €
Total assets6,4 M €7,4 M €8,2 M €8,5 M €9,2 M €7,9 M €4,7 M €3,2 M €1,9 M €
Cash712,3 k €766,5 k €708,8 k €1,2 M €2,2 M €1,8 M €1,2 M €328,2 k €124,2 k €
Debts4,6 M €5,4 M €6,6 M €6,8 M €6,7 M €4,6 M €2,6 M €1,7 M €1,6 M €
Other
Workforce94,0 ETP92,4 ETP119,7 ETP122,2 ETP92,3 ETP64,3 ETP65,2 ETP39,8 ETP24,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 27 ended

Active mandates

Eva Urlings

Director · since 07 octobre 2022

Active
BONAY

Director · since 14 février 2020 · 0806.632.105

Represented by Bernard Rossel

Active
L&J - label

Director · since 14 février 2020 · 0553.681.839

Represented by Jan Ruysschaert

Active
MENT

Director · since 14 février 2020 · 0806.633.093

Represented by Stefaan Rossel

Active
Studios

Director · since 14 février 2020 · until 01 juillet 2025 · 0658.866.461

Represented by Van Waes Piet

Active

Ended mandates

Mike Thumas

Director · since 07 octobre 2022 · until 18 avril 2023

Ended
BONAY

Director · since 14 février 2020 · 0806.632.105

Represented by Rossel BERNARD

Ended
MENT

Director · since 14 février 2020 · 0806.633.093

Represented by Stefaan Rossel

Ended
Rocket Man

Director · since 14 février 2020 · 0667.920.026

Represented by Peter VAN PRAET

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull 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 date20/05/202622/07/202525/03/202414/11/202324/10/202218/05/2021
General meeting27/04/202615/07/202523/03/202413/11/202314/10/202220/04/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/04/202620/05/2026DutchPDF
Full model31/12/202415/07/202522/07/2025DutchPDF
Full model31/12/202323/03/202425/03/2024DutchPDF
Full model31/12/202213/11/202314/11/2023DutchPDF
Full model31/12/202114/10/202224/10/2022DutchPDF
Abridged model31/12/202020/04/202118/05/2021DutchPDF
Abridged model31/12/201908/06/202023/06/2020DutchPDF
Abridged model31/12/201827/05/201912/06/2019DutchPDF
Abridged model31/12/201731/05/201812/07/2018DutchPDF
Abridged model31/12/201613/08/201730/08/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 5 active · 27 ended

Active mandates

Eva Urlings

Director · since 07 octobre 2022

Active
BONAY

Director · since 14 février 2020 · 0806.632.105

Represented by Bernard Rossel

Active
L&J - label

Director · since 14 février 2020 · 0553.681.839

Represented by Jan Ruysschaert

Active
MENT

Director · since 14 février 2020 · 0806.633.093

Represented by Stefaan Rossel

Active
Studios

Director · since 14 février 2020 · until 01 juillet 2025 · 0658.866.461

Represented by Van Waes Piet

Active

Ended mandates

Mike Thumas

Director · since 07 octobre 2022 · until 18 avril 2023

Ended
BONAY

Director · since 14 février 2020 · 0806.632.105

Represented by Rossel BERNARD

Ended
MENT

Director · since 14 février 2020 · 0806.633.093

Represented by Stefaan Rossel

Ended
Rocket Man

Director · since 14 février 2020 · 0667.920.026

Represented by Peter VAN PRAET

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/08/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/02/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares03/03/2021
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-111,1 k €↓
  2. 2024
    Annual accounts 2024439,9 k €↑
  3. 2023
    Annual accounts 202316,6 k €↑
  4. 2022
    Annual accounts 2022-1 M €↓
  5. 2021
    Annual accounts 2021-969 k €↓
  6. 2020
    Annual accounts 2020-777,8 k €↓
  7. 2019
    Annual accounts 2019465 k €↑
  8. 2018
    Annual accounts 2018209,3 k €↑
  9. 2017
    Annual accounts 2017-284,1 k €
  10. 06/02/2015
    IncorporationPrivate limited company