ACTIVE

Hiel

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result27 k €-90,4 %over 1 year
Gross margin197,5 k €-63,6 %over 1 year
Equity208 k €-81,7 %over 1 year
Workforce1,6 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

Hiel is a Private limited company incorporated in 2018. Its registered office is in Dendermonde. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.750.546
Incorporation
21/11/2018
Legal form
Private limited company
Registered office
Vlasmarkt (DEN) 12/A
9200 Dendermonde · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
1,6 ETP
Joint committees (1)
  • 34100
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin197,5 k €542,5 k €555,4 k €560 k €506,4 k €
EBITDA53,5 k €395,1 k €398,1 k €422,8 k €365,1 k €
Operating result16,8 k €357,7 k €256,4 k €289,5 k €242,2 k €
Net result27 k €281,9 k €194,2 k €210,8 k €170,5 k €
Balance sheet
Equity208 k €1,1 M €852,5 k €658,3 k €435,1 k €
Total assets715,6 k €1,3 M €1 M €851,2 k €837,5 k €
Cash72,1 k €520,1 k €611,8 k €537,9 k €399,1 k €
Debts495,9 k €127,4 k €171,5 k €186,6 k €398,8 k €
Other
Workforce1,6 ETP2,0 ETP2,3 ETP2,4 ETP2,5 ETP

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

1 active · 4 ended

Active mandates

HIEL-VAN GORP

Director · since 15 novembre 2018 · 0881.125.927

Represented by Hiel JAN

Active

Ended mandates

HIEL-VAN GORP

Director · since 15 novembre 2018 · 0881.125.927

Represented by Jan HIEL

Ended
S & V Consulting VOF

Director · since 15 novembre 2018 · 0818.391.473

Represented by Wauthier SÉBASTIEN

Ended
HIEL-VAN GORP

Director · 0881.125.927

Represented by Jan Hiel

Ended
S & V Consulting VOF

Director · 0818.391.473

Represented by Sébastien Wauthier

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 date11/08/202610/07/202531/08/202414/07/202324/08/202231/08/2021
General meeting18/06/202619/06/202530/06/202415/06/202316/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/06/202611/08/2026DutchPDF
Abridged model31/12/202419/06/202510/07/2025DutchPDF
Abridged model31/12/202330/06/202431/08/2024DutchPDF
Abridged model31/12/202215/06/202314/07/2023DutchPDF
Abridged model31/12/202116/06/202224/08/2022DutchPDF
Abridged model31/12/202017/06/202131/08/2021DutchPDF
Abridged model31/12/201920/08/202031/10/2020DutchPDF

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

1 active · 4 ended

Active mandates

HIEL-VAN GORP

Director · since 15 novembre 2018 · 0881.125.927

Represented by Hiel JAN

Active

Ended mandates

HIEL-VAN GORP

Director · since 15 novembre 2018 · 0881.125.927

Represented by Jan HIEL

Ended
S & V Consulting VOF

Director · since 15 novembre 2018 · 0818.391.473

Represented by Wauthier SÉBASTIEN

Ended
HIEL-VAN GORP

Director · 0881.125.927

Represented by Jan Hiel

Ended
S & V Consulting VOF

Director · 0818.391.473

Represented by Sébastien Wauthier

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/11/2023
    WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/11/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202527 k €↓
  2. 2024
    Annual accounts 2024281,9 k €↑
  3. 2023
    Annual accounts 2023194,2 k €↓
  4. 2023
    Name changeHiel
  5. 2022
    Annual accounts 2022210,8 k €↑
  6. 2021
    Annual accounts 2021170,5 k €↓
  7. 2020
    Annual accounts 2020204,7 k €↑
  8. 2019
    Annual accounts 201953,7 k €
  9. 2019
    Name changeHiel-Wauthier & Co
  10. 21/11/2018
    IncorporationPrivate limited company