ACTIVE

HD GROUP

Financial year 2025 · Closed on 31/12/2025

Net result122,8 k €-88,3 %over 1 year

Gross margin305,4 k €

Equity1,4 M €-40,8 %over 1 year

Identity

Source · BCE/KBO

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
Contributed capital: 190 951,66 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 41101Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68121Buying and selling of own real estate+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 9 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	305,4 k €		–		132,3 k €	+49.6%	88,5 k €	-25.6%	118,9 k €
EBITDA	278,5 k €	-73.9%	1,1 M €	+707%	132,1 k €	+49.6%	88,3 k €	-25.6%	118,7 k €
Operating result	192,9 k €	-72.2%	694,5 k €	+426%	132,1 k €	+49.6%	88,3 k €	-25.6%	118,7 k €
Net result	122,8 k €	-88.3%	1 M €	+1783%	55,5 k €	+532%	8,8 k €	-72.9%	32,4 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 €
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 €
Cash	459,6 k €	+16.5%	394,5 k €	+758%	46 k €	+307%	11,3 k €	-58.0%	26,9 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 €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PLAITIN0478.238.407Represented by BENOIT représentée par PLAITIN	Managing director09/11/2017 → 10/02/2026
DENOEL CONSULTING0684.925.413Represented by NICOLAS représentée par DENOEL	Director09/11/2017 → 10/02/2026
E.S.R. CONSULT0684.925.314Represented by PHILIPPE représentée par HOGGE	Director09/11/2017 → 10/02/2026

Other companies at this address

Avenue des Biolleux 21 4800 Verviers

Company	CBE no.
HD GROUP● Active	0838.978.635
HDP Art● Active	1026.245.350
HD Systems● Active	0895.144.902
HD SYSTEMS -V.Piront / Atelier de Salzinnes● Active	1001.143.532
PHD IMMO● Active	1001.392.960

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	15/07/2026	French	PDF
Full modelCorrection	31/12/2024	14/06/2025	26/08/2025	French	PDF
Full model	31/12/2024	14/06/2025	17/07/2025	French	PDF
Consolidated accounts	31/12/2024	31/08/2025	03/09/2025	French	PDF
Micro model	31/12/2023	14/06/2024	05/07/2024	French	PDF
Micro model	31/12/2022	16/06/2023	20/07/2023	French	PDF
Micro model	31/12/2021	15/06/2022	26/07/2022	French	PDF
Micro model	31/12/2020	12/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	06/08/2020	02/10/2020	French	PDF
Micro model	31/12/2018	21/06/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	30/07/2018	31/07/2018	French	PDF

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.

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

3 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PLAITIN0478.238.407Represented by BENOIT représentée par PLAITIN	Managing director09/11/2017 → 10/02/2026
DENOEL CONSULTING0684.925.413Represented by NICOLAS représentée par DENOEL	Director09/11/2017 → 10/02/2026
E.S.R. CONSULT0684.925.314Represented by PHILIPPE représentée par HOGGE	Director09/11/2017 → 10/02/2026

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/10/2026
ADMINISTRATEURS
PDF
Restructuring20/08/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates08/07/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring24/06/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring28/06/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring10/05/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates28/02/2020
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates19/02/2018
DEMISSIONS, NOMINATIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings9 filings

Mandates

PLAITIN

E.S.R. CONSULT

DENOEL CONSULTING

2017201820192020202120222023202420252026

HD GROUP

Avenue des Biolleux 21, 4800 VerviersAvenue des Biolleux 21, 7800 Ath

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue des Biolleux 21, 4800 VerviersCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00294060
Avenue des Biolleux 21, 7800 Ath	accounts 2021 → 2022	Accounts 2022 · 2023-00253484

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HD GROUPCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00294060

Events

2025
Annual accounts 2025122,8 k €↓
2024
Annual accounts 20241 M €↑
2023
Annual accounts 202355,5 k €↑
2022
Annual accounts 20228,8 k €↓
2021
Annual accounts 202132,4 k €↓
2020
Annual accounts 202035,8 k €↑
2019
Annual accounts 201913,3 k €↑
2018
Annual accounts 20181 k €↓
2017
Annual accounts 2017719,3 k €
09/11/2017
IncorporationPublic limited company

HD GROUP

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events