ACTIVE

HM SEWERTECH SERVICES (SRL)

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Financial year 2025 · closed on 31/12/2025
Net result
386,4 k €
-2.0% YoY
Gross margin
1,7 M €
+7.1% YoY
Equity
1 M €
+27.2% YoY
Workforce
13,9 ETP
+15.8% YoY

What does HM SEWERTECH SERVICES do?

HM SEWERTECH SERVICES is a Private limited company incorporated in 2016. Its main activity is: Construction of utility projects for fluids. Its registered office is in Hamois. It employs on average 13,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0650.905.236
Incorporation
31/03/2016
Legal form
Private limited company
Registered office
Rue de Creugette 39
5360 Hamois · WallonieSee on map
Contributed capital
23 493,37 €
Latest accounts
31/12/2025
Average workforce
13,9 ETP
Activities (NACE)
42219Construction of utility projects for fluids· main42219Construction of utility projects for fluids43120Site preparation43120Site preparation43120Site preparation43120Site preparation+6
Joint committees (1)
  • 124
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin1,7 M €1,6 M €1,4 M €884 k €676,9 k €445,4 k €388,3 k €366,3 k €339 k €94,9 k €
EBITDA779,6 k €765,3 k €690,7 k €362,1 k €309,1 k €175,7 k €183,9 k €209,2 k €205,3 k €45,1 k €
Operating result511,6 k €551,6 k €486,8 k €189,3 k €155,7 k €67,4 k €73,7 k €115,7 k €135,2 k €12,6 k €
Net result386,4 k €394,3 k €348,9 k €139,7 k €78,6 k €49 k €58,4 k €88,1 k €89,6 k €8,3 k €
Balance sheet
Equity1 M €795,5 k €631,2 k €412,3 k €380,2 k €301,6 k €252,6 k €194,2 k €106,1 k €16,5 k €
Total assets2,3 M €2,4 M €1,9 M €1,4 M €998,9 k €900,3 k €630,9 k €522,5 k €387,3 k €181,8 k €
Cash185 k €182,6 k €306,9 k €314,6 k €205,9 k €83 k €67,4 k €62,9 k €97,5 k €21,5 k €
Debts1,3 M €1,6 M €1,3 M €989,9 k €618,7 k €598,7 k €378,3 k €328,3 k €281,3 k €165,3 k €
Other
Workforce13,9 ETP12,0 ETP11,8 ETP9,7 ETP6,5 ETP5,1 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

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

Active mandates

Medhi HICHAM

Director · since 31 mars 2016

Active
Pauline STEVENS

Director · since 31 mars 2016

Active

Ended mandates

Pauline STEVENS

Director · since 17 décembre 2020

Ended
Medhi HICHAM

Mandate

Ended
Mehdi HICHAM

Director

Ended
Pauline STEVENS

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/06/202630/06/202521/06/202407/07/202316/08/202231/08/2021
General meeting26/06/202627/06/202518/06/202430/06/202324/06/202225/06/2021
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
Abridged model31/12/202526/06/202630/06/2026FrenchPDF
Abridged model31/12/202427/06/202530/06/2025FrenchPDF
Abridged model31/12/202318/06/202421/06/2024FrenchPDF
Abridged model31/12/202230/06/202307/07/2023FrenchPDF
Abridged model31/12/202124/06/202216/08/2022FrenchPDF
Abridged model31/12/202025/06/202131/08/2021FrenchPDF
Micro model31/12/201926/06/202027/08/2020FrenchPDF
Micro model31/12/201828/06/201916/07/2019FrenchPDF
Micro model31/12/201715/06/201829/06/2018FrenchPDF
Micro model31/12/201630/06/201722/08/2017FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 4 ended

Active mandates

Medhi HICHAM

Director · since 31 mars 2016

Active
Pauline STEVENS

Director · since 31 mars 2016

Active

Ended mandates

Pauline STEVENS

Director · since 17 décembre 2020

Ended
Medhi HICHAM

Mandate

Ended
Mehdi HICHAM

Director

Ended
Pauline STEVENS

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/12/2020
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other04/04/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025386,4 k €↓
  2. 2024
    Annual accounts 2024394,3 k €↑
  3. 2023
    Annual accounts 2023348,9 k €↑
  4. 2023
    Name changeHM SEWERTECH
  5. 2022
    Annual accounts 2022139,7 k €↑
  6. 2021
    Annual accounts 202178,6 k €↑
  7. 2020
    Annual accounts 202049 k €↓
  8. 2019
    Annual accounts 201958,4 k €↓
  9. 2018
    Annual accounts 201888,1 k €↓
  10. 2017
    Annual accounts 201789,6 k €↑
  11. 2016
    Annual accounts 20168,3 k €
  12. 31/03/2016
    IncorporationPrivate limited company
  13. 2016
    Name changeHM SEWERTECH SERVICES