ACTIVE

HUMAN GOLD

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

+67.7% YoY

Revenue

32,5 M €

+36.4% YoY

Equity

385 k €

-32.1% YoY

Workforce

466,8 ETP

+27.0% YoY

What does HUMAN GOLD do?

HUMAN GOLD is a Private limited company incorporated in 2018. Its main activity is: Temporary employment agency activities. Its registered office is in Hasselt. It employs on average 466,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0714.940.577

Incorporation

29/11/2018

Legal form

Private limited company

Registered office

Herkenrodesingel 8D box 2.01
3500 Hasselt · FlandreSee on map

Contributed capital

328 873,14 €

Latest accounts

31/12/2025

Average workforce

466,8 ETP

Activities (NACE)

78200Temporary employment agency activities· main 78200Temporary employment agency activities

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	32,5 M €	+36.4%	23,9 M €	+55.6%	15,3 M €	+25.9%	12,2 M €		–		–		3,6 M €
EBITDA	1,8 M €	+67.1%	1,1 M €	+130%	458,3 k €	+5.8%	433,1 k €	-7.4%	467,5 k €	+24.0%	377,1 k €	+1133%	-36,5 k €
Operating result	1,7 M €	+79.1%	940,6 k €	+195%	319,3 k €	+9.8%	290,9 k €	-14.3%	339,5 k €	+22.1%	278 k €	+391%	-95,7 k €
Net result	1,3 M €	+67.7%	786 k €	+1077%	66,8 k €	-60.8%	170,4 k €	-38.5%	277 k €	+30.0%	213 k €	+305%	-103,8 k €
Balance sheet
Equity	385 k €	-32.1%	567,1 k €	+38.9%	408,4 k €	+4.3%	391,6 k €	+77.1%	221,2 k €	+5.7%	209,2 k €	+118%	96,2 k €
Total assets	9,7 M €	+86.5%	5,2 M €	+1.4%	5,1 M €	+16.1%	4,4 M €	+13.5%	3,9 M €	+28.0%	3 M €	+34.9%	2,2 M €
Cash	35,7 k €	-75.6%	146,3 k €	+1822%	7,6 k €	-98.1%	408,4 k €	+2.1%	400,1 k €	+480%	68,9 k €	-72.4%	250,1 k €
Debts	9,3 M €	+101%	4,6 M €	-1.8%	4,7 M €	+17.3%	4 M €	+9.7%	3,7 M €	+29.6%	2,8 M €	+31.2%	2,2 M €
Other
Workforce	466,8 ETP	+27.0%	367,6 ETP	+45.9%	252,0 ETP	+22.2%	206,2 ETP	+9.1%	189,0 ETP	+32.9%	142,2 ETP	+143%	58,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

GENEROSI

Director · since 29 novembre 2018 · 0589.971.618

Represented by Joël Stockmans

Active

HIVE-5

Managing director · since 29 novembre 2018 · 0713.646.915

Represented by Raf De Strooper

Active

MAXENA

Director · since 29 novembre 2018 · 0712.778.071

Represented by Sarah Porco

Active

Ended mandates

HIVE-5

Director · since 04 décembre 2023 · 0713.646.915

Represented by Raf De Strooper

Ended

HIVE-5

Director · since 02 juillet 2020 · until 02 juillet 2026 · 0713.646.915

Ended

HIVE-5

Director · since 30 mars 2020 · 0713.646.915

Represented by Joël Stockmans

Ended

GENEROSI

Director · since 29 novembre 2018 · until 30 mars 2020 · 0589.971.618

Represented by Joël Stockmans

Ended

At this address

Other companies at this address

Company	CBE no.
AVIOVISION● Active	0823.835.450
BKCS● Active	0832.240.501
Blink Digital● Active	0895.556.062
HIVE-5● Active	0713.646.915
MAMU ARCHITECTEN● Active	0885.746.194
MAMU Vastgoed● Active	0534.658.159
MOTMANS & PARTNERS● Active	0783.281.136
Optimistan● Active	0726.947.890
UMANI AGENCY● Active	0768.946.219
Umani Dienstencheques● Active	0465.681.756
Umani Group● Active	0805.248.072
Umani Project Solutions● Active	0568.890.449

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged 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	06/07/2026	09/07/2025	11/07/2024	21/08/2023	21/11/2022	30/08/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	09/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Full model	31/12/2022	02/06/2023	21/08/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	21/11/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	19/08/2020	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

GENEROSI

Director · since 29 novembre 2018 · 0589.971.618

Represented by Joël Stockmans

Active

HIVE-5

Managing director · since 29 novembre 2018 · 0713.646.915

Represented by Raf De Strooper

Active

MAXENA

Director · since 29 novembre 2018 · 0712.778.071

Represented by Sarah Porco

Active

Ended mandates

HIVE-5

Director · since 04 décembre 2023 · 0713.646.915

Represented by Raf De Strooper

Ended

HIVE-5

Director · since 02 juillet 2020 · until 02 juillet 2026 · 0713.646.915

Ended

HIVE-5

Director · since 30 mars 2020 · 0713.646.915

Represented by Joël Stockmans

Ended

GENEROSI

Director · since 29 novembre 2018 · until 30 mars 2020 · 0589.971.618

Represented by Joël Stockmans

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/10/2025
KAPITAAL - AANDELEN
PDF
Restructuring20/08/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates05/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/05/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/07/2020
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20251,3 M €↑
2024
Annual accounts 2024786 k €↑
2023
Annual accounts 202366,8 k €↓
2022
Annual accounts 2022170,4 k €↓
2021
Annual accounts 2021277 k €↑
2020
Annual accounts 2020213 k €↑
2019
Annual accounts 2019-103,8 k €
29/11/2018
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HUMAN GOLD

Overview

What does HUMAN GOLD do?

Trend over 7 financial years

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