ACTIVE

HOTAK GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result
412 k €
+33,1 %over 1 year
Gross margin
2,5 M €
+39,2 %over 1 year
Equity
1,1 M €
+17,7 %over 1 year
Workforce
28,2 ETP
+25,3 %over 1 year

Identity

Source · BCE/KBO

HOTAK GROUP is a Private limited company incorporated in 2017. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Wetteren. It employs on average 28,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0674.758.427
Incorporation
24/04/2017
Legal form
Private limited company
Registered office
Honderdweg 24
9230 Wetteren · FlandreSee on map
Contributed capital
48 600,00 €
Latest accounts
31/12/2025
Average workforce
28,2 ETP
Joint committees (6)
  • 124
  • 1240
  • 1320
  • 14901
  • 200
  • 2000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 8 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin2,5 M €1,8 M €1,7 M €1,2 M €911 k €
EBITDA922,7 k €733 k €775,2 k €575,8 k €353,9 k €
Operating result587,5 k €464,9 k €466 k €284,7 k €150,4 k €
Net result412 k €309,5 k €301,9 k €185,9 k €111,8 k €
Balance sheet
Equity1,1 M €914,8 k €605,4 k €516,1 k €380,3 k €
Total assets3,6 M €2 M €1,9 M €2 M €1,8 M €
Cash368,9 k €119,7 k €76,8 k €165,1 k €84,6 k €
Debts2,5 M €1 M €1,2 M €1,4 M €1,4 M €
Other
Workforce28,2 ETP22,5 ETP20,7 ETP16,8 ETP14,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 7 ended

Active mandates

ANKA GROUP

Director · 0674.367.259

Represented by Ugur Ozocak

Active
Muhammet Isci

Director

Active
Sefa ISCI

Director

Active
SMU

Director · 0747.800.912

Represented by Muhammet Isci

Active
Ugur Ozocak

Director

Active

Ended mandates

Sefa Isci

Manager · since 29 mars 2019

Ended
Sefa ISCI

Director · since 29 mars 2019

Ended
Ahmedova Myurvet

Director · since 24 avril 2017 · until 29 mars 2019

Ended
Ahmedova Myurvet

Manager · since 24 avril 2017 · until 29 mars 2019

Ended

Full financial information

Source · NBB
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 date22/07/202610/09/202507/10/202409/10/202319/10/202229/10/2021
General meeting08/07/202608/09/202530/08/202415/06/202315/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/07/202622/07/2026DutchPDF
Abridged model31/12/202408/09/202510/09/2025DutchPDF
Abridged model31/12/202330/08/202407/10/2024DutchPDF
Abridged model31/12/202215/06/202309/10/2023DutchPDF
Abridged model31/12/202115/06/202219/10/2022DutchPDF
Abridged model31/12/202015/06/202129/10/2021DutchPDF
Abridged model31/12/201915/06/202009/11/2020DutchPDF
Abridged model31/12/201815/06/201930/08/2019DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 7 ended

Active mandates

ANKA GROUP

Director · 0674.367.259

Represented by Ugur Ozocak

Active
Muhammet Isci

Director

Active
Sefa ISCI

Director

Active
SMU

Director · 0747.800.912

Represented by Muhammet Isci

Active
Ugur Ozocak

Director

Active

Ended mandates

Sefa Isci

Manager · since 29 mars 2019

Ended
Sefa ISCI

Director · since 29 mars 2019

Ended
Ahmedova Myurvet

Director · since 24 avril 2017 · until 29 mars 2019

Ended
Ahmedova Myurvet

Manager · since 24 avril 2017 · until 29 mars 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other22/09/2026
    —
    PDF
  • Mandates26/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/12/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/04/2022
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Capital / shares06/05/2019
    KAPITAAL - AANDELEN
    PDF
  • Mandates12/04/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office20/06/2017
    MAATSCHAPPELIJKE ZETEL
    PDF

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 2025412 k €↑
  2. 2024
    Annual accounts 2024309,5 k €↑
  3. 2023
    Annual accounts 2023301,9 k €↑
  4. 2022
    Annual accounts 2022185,9 k €↑
  5. 2021
    Annual accounts 2021111,8 k €↓
  6. 2020
    Annual accounts 2020228,1 k €↑
  7. 2019
    Annual accounts 2019129,9 k €↑
  8. 2018
    Annual accounts 201831,9 k €
  9. 24/04/2017
    IncorporationPrivate limited company