NORMAL SITUATION

HERO PROJECTS

Financial year 2025 · closed on 31/12/2025
Net result
367 €
+114.0% YoY
Gross margin
932,5 €
+171.2% YoY
Equity
-62,2 k €
+0.6% YoY

Company — Normal situation.

What does HERO PROJECTS do?

HERO PROJECTS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0603.996.036
Legal form
Public limited company
Contributed capital
80 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin932,5 €-1,3 k €2,3 k €8,6 k €18,7 k €7,2 k €16,9 k €12,4 k €4,6 k €13,9 k €
EBITDA412,7 €-1,4 k €670,9 €8 k €17,8 k €5,8 k €15,3 k €11,7 k €3,8 k €12,8 k €
Operating result412,7 €-2,6 k €-631,8 €6,6 k €15,3 k €3,4 k €13,4 k €11,1 k €3,4 k €10,7 k €
Net result367 €-2,6 k €-651,1 €5,5 k €10,2 k €58,9 €-159,8 k €2,8 k €-3,4 k €5,4 k €
Balance sheet
Equity-62,2 k €-62,6 k €-59,9 k €-59,3 k €-64,7 k €-74,9 k €-75 k €84,8 k €82 k €85,4 k €
Total assets1,5 k €1,7 k €3,6 k €6,9 k €15,6 k €16,6 k €13 k €262 k €256,4 k €255,1 k €
Cash842 €154,9 €24 €982,3 €3,5 k €6,1 k €8,5 k €3,9 k €321,3 €3,1 k €
Debts63,7 k €58,9 k €58,2 k €60,8 k €75 k €88,5 k €78,5 k €169,2 k €167,4 k €169,6 k €
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Isabelle Wouters

Director

Active
Olivier Reyniers

Managing director

Active

Ended mandates

Isabelle Wouters

Director · since 05 juin 2020 · until 05 juin 2026

Ended
Olivier REYNIERS

Managing director · since 05 juin 2020 · until 05 juin 2026

Ended
Isabelle WOUTERS

Director · since 17 mars 2015

Ended
Olivier REYNIERS

Managing director · since 17 mars 2015

Ended
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 date09/04/202630/06/202524/07/202430/08/202329/08/202223/09/2021
General meeting14/03/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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
Micro model31/12/202514/03/202609/04/2026DutchPDF
Micro model31/12/202406/06/202530/06/2025DutchPDF
Micro model31/12/202307/06/202424/07/2024DutchPDF
Micro model31/12/202202/06/202330/08/2023DutchPDF
Micro model31/12/202103/06/202229/08/2022DutchPDF
Micro model31/12/202004/06/202123/09/2021DutchPDF
Micro model31/12/201905/06/202030/08/2020DutchPDF
Micro model31/12/201807/06/201902/08/2019DutchPDF
Abridged model31/12/201701/06/201829/08/2018DutchPDF
Abridged model31/12/201602/06/201731/08/2017DutchPDF
Estimate

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.

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 · 2 active · 4 ended

Active mandates

Isabelle Wouters

Director

Active
Olivier Reyniers

Managing director

Active

Ended mandates

Isabelle Wouters

Director · since 05 juin 2020 · until 05 juin 2026

Ended
Olivier REYNIERS

Managing director · since 05 juin 2020 · until 05 juin 2026

Ended
Isabelle WOUTERS

Director · since 17 mars 2015

Ended
Olivier REYNIERS

Managing director · since 17 mars 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution05/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    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 2025367 €
  2. 2024
    Annual accounts 2024-2,6 k €
  3. 2023
    Annual accounts 2023-651,1 €
  4. 2022
    Annual accounts 20225,5 k €
  5. 2021
    Annual accounts 202110,2 k €
  6. 2020
    Annual accounts 202058,9 €
  7. 2019
    Annual accounts 2019-159,8 k €
  8. 2018
    Annual accounts 20182,8 k €
  9. 2017
    Annual accounts 2017-3,4 k €
  10. 2016
    Annual accounts 20165,4 k €