ACTIVE

HILGERS

Financial year 2025 · closed on 31/12/2025
Net result
6 k €
-64.1% YoY
Gross margin
-1 k €
-1.4% YoY
Equity
11,9 M €
+0.1% YoY

What does HILGERS do?

HILGERS is a Public limited company incorporated in 2016. Its registered office is in Sankt Vith.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0668.604.469
Incorporation
30/12/2016
Legal form
Public limited company
Registered office
John-Cockerill-Straße 4
4780 Sankt Vith · WallonieSee on map
Contributed capital
4 640 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin-1 k €-997,7 €-962,3 €-945,9 €-909,6 €-2,8 k €-867,7 €-865,8 €-6,9 k €
EBITDA-2 k €-2 k €-1,9 k €-1,8 k €-1,8 k €-3,8 k €-1,7 k €-1,2 k €-8,7 k €
Operating result-2 k €-2 k €-1,9 k €-1,8 k €-1,8 k €-3,8 k €-1,7 k €-1,2 k €-8,7 k €
Net result6 k €16,8 k €-2 k €-1,9 k €38,2 k €7,3 M €-21,6 k €-19,9 k €-27,1 k €
Balance sheet
Equity11,9 M €11,9 M €11,9 M €11,9 M €11,9 M €11,8 M €6,8 M €6,8 M €6,8 M €
Total assets12,1 M €12,3 M €12,4 M €12,5 M €12,5 M €12,5 M €11,8 M €11,8 M €11,8 M €
Cash987,9 €1,3 k €71,7 k €662,9 k €664,1 k €642,1 k €6,5 k €3,1 k €2,1 k €
Debts259,4 k €388,7 k €517,9 k €647,2 k €646,6 k €647,1 k €5 M €5 M €5 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 15 ended

Active mandates

Daniel HILGERS

Director · since 27 juin 2026 · until 26 juin 2032

Active
Emil Hilgers

Director · since 27 juin 2026 · until 26 juin 2032

Active
Martin Hilgers

Director · since 27 juin 2026 · until 26 juin 2032

Active
Oswald Hilgers

Managing director · since 27 juin 2026 · until 26 juin 2032

Active
Renate Thannen

Managing director · since 27 juin 2026 · until 26 juin 2032

Active

Ended mandates

Daniel Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Emil Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Martin Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Oswald Hilgers

Managing director · since 24 juin 2023 · until 30 juin 2029

Ended
At this address

Other companies at this address

CompanyCBE no.
HITRAActive
0428.784.639
H.M.K.Active
0436.441.996
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 date19/08/202630/08/202527/08/202429/08/202325/08/202226/08/2021
General meeting27/06/202628/06/202522/06/202424/06/202325/06/202226/06/2021
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
Abridged model31/12/202527/06/202619/08/2026GermanPDF
Abridged model31/12/202428/06/202530/08/2025GermanPDF
Abridged model31/12/202322/06/202427/08/2024GermanPDF
Abridged model31/12/202224/06/202329/08/2023GermanPDF
Abridged model31/12/202125/06/202225/08/2022GermanPDF
Abridged model31/12/202026/06/202126/08/2021GermanPDF
Abridged model31/12/201927/06/202031/08/2020GermanPDF
Abridged model31/12/201822/06/201929/08/2019GermanPDF
Abridged model31/12/201723/06/201830/08/2018GermanPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 15 ended

Active mandates

Daniel HILGERS

Director · since 27 juin 2026 · until 26 juin 2032

Active
Emil Hilgers

Director · since 27 juin 2026 · until 26 juin 2032

Active
Martin Hilgers

Director · since 27 juin 2026 · until 26 juin 2032

Active
Oswald Hilgers

Managing director · since 27 juin 2026 · until 26 juin 2032

Active
Renate Thannen

Managing director · since 27 juin 2026 · until 26 juin 2032

Active

Ended mandates

Daniel Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Emil Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Martin Hilgers

Director · since 24 juin 2023 · until 30 juin 2029

Ended
Oswald Hilgers

Managing director · since 24 juin 2023 · until 30 juin 2029

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other03/01/2017
    RUBRIK GRUENDUNG (NEUE RECHTSPERSON, EROEFFNUNG FILIALE, USW)
    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 20256 k €
  2. 2024
    Annual accounts 202416,8 k €
  3. 2023
    Annual accounts 2023-2 k €
  4. 2022
    Annual accounts 2022-1,9 k €
  5. 2021
    Annual accounts 202138,2 k €
  6. 2020
    Annual accounts 20207,3 M €
  7. 2019
    Annual accounts 2019-21,6 k €
  8. 2018
    Annual accounts 2018-19,9 k €
  9. 2017
    Annual accounts 2017-27,1 k €
  10. 30/12/2016
    IncorporationPublic limited company