HD GROUP
0684.558.494 · rovalta.com · 21/09/2026
ACTIVE
HD GROUP
Financial year 2025 · closed on 31/12/2025
Net result
122,8 k €
-88.3% YoY
Gross margin
305,4 k €
Equity
1,4 M €
-40.8% YoY
Overview
What does HD GROUP do?
HD GROUP is a Public limited company incorporated in 2017. Its main activity is: Activities of holding companies. Its registered office is in Verviers.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0684.558.494
Incorporation
09/11/2017
Legal form
Public limited company
Registered office
Avenue des Biolleux 21
4800 Verviers · WallonieSee on map
4800 Verviers · WallonieSee on map
Contributed capital
190 951,66 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||
| Gross margin | 305,4 k € | – | 132,3 k € | +49.6% | 88,5 k € | -25.6% | 118,9 k € | -8.7% | 130,2 k € | +131% | 56,3 k € | -66.2% | 166,3 k € | +24995% | -668,1 € | ||
| EBITDA | 278,5 k € | -73.9% | 1,1 M € | +707% | 132,1 k € | +49.6% | 88,3 k € | -25.6% | 118,7 k € | -8.8% | 130,2 k € | +132% | 56,1 k € | -66.2% | 166,2 k € | +24971% | -668,1 € |
| Operating result | 192,9 k € | -72.2% | 694,5 k € | +426% | 132,1 k € | +49.6% | 88,3 k € | -25.6% | 118,7 k € | -8.8% | 130,2 k € | +132% | 56,1 k € | -66.2% | 166,2 k € | +24971% | -668,1 € |
| Net result | 122,8 k € | -88.3% | 1 M € | +1783% | 55,5 k € | +532% | 8,8 k € | -72.9% | 32,4 k € | -9.5% | 35,8 k € | +168% | 13,3 k € | +1207% | 1 k € | -99.9% | 719,3 k € |
| Balance sheet | |||||||||||||||||
| Equity | 1,4 M € | -40.8% | 2,3 M € | +92.5% | 1,2 M € | +4.8% | 1,2 M € | +0.8% | 1,2 M € | +2.9% | 1,1 M € | +3.3% | 1,1 M € | +1.2% | 1,1 M € | +0.1% | 1,1 M € |
| Total assets | 2,9 M € | -70.1% | 9,6 M € | +65.4% | 5,8 M € | +1.3% | 5,7 M € | -0.1% | 5,7 M € | -2.5% | 5,9 M € | +3.1% | 5,7 M € | +0.6% | 5,7 M € | -10.4% | 6,3 M € |
| Cash | 459,6 k € | +16.5% | 394,5 k € | +758% | 46 k € | +307% | 11,3 k € | -58.0% | 26,9 k € | +66854% | 40,2 € | -99.6% | 11,5 k € | -11.0% | 12,9 k € | +19.5% | 10,8 k € |
| Debts | 1,5 M € | -79.7% | 7,2 M € | +67.9% | 4,3 M € | -0.8% | 4,3 M € | -1.7% | 4,4 M € | -5.0% | 4,6 M € | +2.0% | 4,6 M € | +1.5% | 4,5 M € | -14.4% | 5,2 M € |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 3 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
HD GROUP● Active | 0838.978.635 |
HDP Art● Active | 1026.245.350 |
HD Systems● Active | 0895.144.902 |
| 1001.143.532 | |
PHD IMMO● Active | 1001.392.960 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Full model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 15/07/2026 | 26/08/2025 | 05/07/2024 | 20/07/2023 | 26/07/2022 | 30/08/2021 |
| General meeting | 25/06/2026 | 14/06/2025 | 14/06/2024 | 16/06/2023 | 15/06/2022 | 12/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Annual accounts filings
11 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/06/2026 | 15/07/2026 | French | |
| Full modelCorrection | 31/12/2024 | 14/06/2025 | 26/08/2025 | French | |
| Full model | 31/12/2024 | 14/06/2025 | 17/07/2025 | French | |
| m122-f-p | 31/12/2024 | 31/08/2025 | 03/09/2025 | French | |
| Micro model | 31/12/2023 | 14/06/2024 | 05/07/2024 | French | |
| Micro model | 31/12/2022 | 16/06/2023 | 20/07/2023 | French | |
| Micro model | 31/12/2021 | 15/06/2022 | 26/07/2022 | French | |
| Micro model | 31/12/2020 | 12/06/2021 | 30/08/2021 | French | |
| Micro model | 31/12/2019 | 06/08/2020 | 02/10/2020 | French | |
| Micro model | 31/12/2018 | 21/06/2019 | 29/08/2019 | French | |
| Abridged model | 31/12/2017 | 30/07/2018 | 31/07/2018 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 3 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring20/08/2025CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates08/07/2025DEMISSIONS, NOMINATIONS
- Restructuring24/06/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring28/06/2024CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring10/05/2024RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates28/02/2020CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates19/02/2018DEMISSIONS, NOMINATIONS
- Other06/12/2017ASSEMBLEE GENERALE - ANNEE COMPTABLE
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025122,8 k €↓
- 2024Annual accounts 20241 M €↑
- 2023Annual accounts 202355,5 k €↑
- 2022Annual accounts 20228,8 k €↓
- 2021Annual accounts 202132,4 k €↓
- 2020Annual accounts 202035,8 k €↑
- 2019Annual accounts 201913,3 k €↑
- 2018Annual accounts 20181 k €↓
- 2017Annual accounts 2017719,3 k €
- 09/11/2017IncorporationPublic limited company