ACTIVE

Hirundo Biosciences

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Financial year 2025 · closed on 31/12/2025
Net result
-13,7 M €
-987.6% YoY
Revenue
0 €
-100.0% YoY
Equity
-548,2 k €
-130.6% YoY
Workforce
12,2 ETP
+351.9% YoY

What does Hirundo Biosciences do?

Hirundo Biosciences is a Public limited company incorporated in 2017. Its main activity is: Buying and selling of own real estate. Its registered office is in Liège. It employs on average 12,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0681.855.065
Incorporation
28/09/2017
Legal form
Public limited company
Registered office
Boulevard de Patience et Beaujonc 3
4000 Liège · WallonieSee on map
Contributed capital
1 468 649,92 €
Latest accounts
31/12/2025
Average workforce
12,2 ETP
Activities (NACE)
68100Buying and selling of own real estate· main68110Buying and selling of own real estate72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering72109Research and experimental development on natural sciences and engineering72190Other research and experimental development on natural sciences and engineering
Joint committees (1)
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Revenue0 €277,7 k €––––––
EBITDA-4,1 M €-86,2 k €498,6 k €140,8 k €733,3 k €266,8 k €377,5 k €1,1 M €
Operating result-8,7 M €-1,3 M €-409,5 k €-998,6 k €-208,1 k €-462 k €-1,2 M €-788,3 k €
Net result-13,7 M €-1,3 M €-347,1 k €-1 M €-210,8 k €-463,3 k €-1,2 M €-720,2 k €
Balance sheet
Equity-548,2 k €1,8 M €3,1 M €3,4 M €4,4 M €4,7 M €5,1 M €6,3 M €
Total assets3,4 M €6,9 M €5,8 M €5,9 M €6 M €6 M €5,9 M €7,2 M €
Cash––74 k €220,6 k €335,9 k €562,1 k €475,9 k €1,1 M €
Debts3,9 M €5,1 M €2,5 M €2,4 M €1,4 M €1,3 M €734,6 k €847,7 k €
Other
Workforce12,2 ETP2,7 ETP2,0 ETP2,8 ETP3,0 ETP2,0 ETP2,8 ETP–
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 28 ended

Active mandates

András Kovács Lászlò

Director · since 25 avril 2025 · until 06 juin 2030

Active
Istvàn Greiner

Director · since 19 juin 2024 · until 06 juin 2030

Active
Péter Turek

Director · since 19 juin 2024 · until 06 juin 2030

Active

Ended mandates

Lászlò András Kovács

Director · since 25 avril 2025 · until 06 juin 2030

Ended
Istvan Hamecz

Director · since 19 juin 2024 · until 25 avril 2025

Ended
ACCESS & PARTNERS

Director · since 01 juin 2023 · until 18 juin 2024 · 0452.367.319

Represented by Didier Malherbe

Ended
ACCESS & PARTNERS

Director · since 01 juin 2023 · until 07 juin 2029 · 0452.367.319

Represented by Didier MALHERBE

Ended
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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 date24/07/202608/08/202521/08/202426/07/202331/08/202209/08/2021
General meeting04/06/202623/07/202506/06/202408/06/202302/06/202203/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202504/06/202624/07/2026FrenchPDF
Abridged model31/12/202423/07/202508/08/2025FrenchPDF
Abridged model31/12/202306/06/202421/08/2024FrenchPDF
Abridged model31/12/202208/06/202326/07/2023FrenchPDF
Abridged model31/12/202102/06/202231/08/2022FrenchPDF
Abridged model31/12/202003/06/202109/08/2021FrenchPDF
Abridged model31/12/201904/06/202003/08/2020FrenchPDF
Micro model31/12/201806/06/201904/07/2019FrenchPDF
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 · 3 active · 28 ended

Active mandates

András Kovács Lászlò

Director · since 25 avril 2025 · until 06 juin 2030

Active
Istvàn Greiner

Director · since 19 juin 2024 · until 06 juin 2030

Active
Péter Turek

Director · since 19 juin 2024 · until 06 juin 2030

Active

Ended mandates

Lászlò András Kovács

Director · since 25 avril 2025 · until 06 juin 2030

Ended
Istvan Hamecz

Director · since 19 juin 2024 · until 25 avril 2025

Ended
ACCESS & PARTNERS

Director · since 01 juin 2023 · until 18 juin 2024 · 0452.367.319

Represented by Didier Malherbe

Ended
ACCESS & PARTNERS

Director · since 01 juin 2023 · until 07 juin 2029 · 0452.367.319

Represented by Didier MALHERBE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/06/2026
    DIVERS
    PDF
  • Capital / shares26/01/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Registered office15/12/2025
    DIVERS - SIEGE SOCIAL
    PDF
  • Mandates22/07/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - CAPITAL, ACTIONS
    PDF
  • Mandates03/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/09/2024
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/08/2024
    DEMISSIONS, NOMINATIONS
    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 2025-13,7 M €↓
  2. 2024
    Annual accounts 2024-1,3 M €↓
  3. 2024
    Name changeHirundo Biosciences
  4. 2023
    Annual accounts 2023-347,1 k €↑
  5. 2022
    Annual accounts 2022-1 M €↓
  6. 2021
    Annual accounts 2021-210,8 k €↑
  7. 2021
    Name changeB.C.I. PHARMA
  8. 2020
    Annual accounts 2020-463,3 k €↑
  9. 2019
    Annual accounts 2019-1,2 M €↓
  10. 2018
    Annual accounts 2018-720,2 k €
  11. 28/09/2017
    IncorporationPublic limited company