ACTIVE

HVcon

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Financial year 2025 · closed on 31/12/2025
Net result
56,4 k €
-23.1% YoY
Gross margin
95,5 k €
-7.7% YoY
Equity
2 k €
-99.3% YoY

What does HVcon do?

HVcon is a Private limited company incorporated in 2016. Its main activity is: Management consultancy activities. Its registered office is in Nazareth-De Pinte.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0645.620.716
Incorporation
06/01/2016
Legal form
Private limited company
Registered office
Kastanjestraat 11
9840 Nazareth-De Pinte · FlandreSee on map
Contributed capital
186,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities46190Agents involved in the sale of a variety of goods46190Agents involved in the sale of a variety of goods70210Public relations and communication activities73300Advertising and market research+6
Signals
ProfitableLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin95,5 k €103,4 k €96,4 k €106,8 k €85 k €48,4 k €82,1 k €
EBITDA85,6 k €102,4 k €95,7 k €106,1 k €84,3 k €47,6 k €80 k €
Operating result75,5 k €95,3 k €86,1 k €97,9 k €78,4 k €46,9 k €78,6 k €
Net result56,4 k €73,3 k €65,6 k €76,1 k €60,3 k €35,4 k €50 k €
Balance sheet
Equity2 k €275,6 k €202,3 k €136,6 k €80,8 k €97 k €62,4 k €
Total assets324,6 k €288,8 k €215,5 k €158,9 k €146,5 k €146,1 k €94,2 k €
Cash247,1 k €218,4 k €145,4 k €105,5 k €91,1 k €36 k €77 k €
Debts321,8 k €13,3 k €13,3 k €18,7 k €62,5 k €49,1 k €31,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Harmen Vercouillie

Director · since 06 janvier 2016

Active

Ended mandates

Harmen Vercouillie

Manager · since 06 janvier 2016

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 date09/03/202606/06/202505/06/202409/06/202330/05/202214/06/2021
General meeting04/03/202603/06/202502/05/202405/06/202302/05/202210/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/03/202609/03/2026DutchPDF
Micro model31/12/202403/06/202506/06/2025DutchPDF
Micro model31/12/202302/05/202405/06/2024DutchPDF
Micro model31/12/202205/06/202309/06/2023DutchPDF
Micro model31/12/202102/05/202230/05/2022DutchPDF
Micro model31/12/202010/06/202114/06/2021DutchPDF
Micro model31/12/201901/06/202022/06/2020DutchPDF
Micro model31/12/201831/05/201928/06/2019DutchPDF
Micro model31/12/201702/05/201803/05/2018DutchPDF
Estimate

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.

Governance

Board of directors

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

Active mandates

Harmen Vercouillie

Director · since 06 janvier 2016

Active

Ended mandates

Harmen Vercouillie

Manager · since 06 janvier 2016

Ended
Shareholders

Ownership and network

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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 202556,4 k €↓
  2. 2024
    Annual accounts 202473,3 k €↑
  3. 2023
    Annual accounts 202365,6 k €↓
  4. 2022
    Annual accounts 202276,1 k €↑
  5. 2021
    Annual accounts 202160,3 k €↑
  6. 2018
    Annual accounts 201835,4 k €↓
  7. 2017
    Annual accounts 201750 k €
  8. 06/01/2016
    IncorporationPrivate limited company