ACTIVE

HB&Q

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Financial year 2025 · closed on 30/06/2025
Net result
551,3 k €
+199.4% YoY
Gross margin
-134,3 k €
+48.3% YoY
Equity
10,2 M €
+5.7% YoY

What does HB&Q do?

HB&Q is a Public limited company incorporated in 2019. Its registered office is in Saint-Josse-ten-Noode.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0720.800.169
Incorporation
15/02/2019
Legal form
Public limited company
Registered office
Square Victoria Régina 1
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital
11 457 552,58 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202220212020
Income statement
Gross margin-134,3 k €-260,0 k €-168,1 k €309,6 k €-318,5 k €
EBITDA-134,3 k €-260,0 k €-168,2 k €309,5 k €-355,0 k €
Operating result-134,3 k €-260,0 k €-168,2 k €309,5 k €-355,0 k €
Net result551,3 k €-554,5 k €-1,4 M €305,8 k €-356,0 k €
Balance sheet
Equity10,2 M €9,6 M €13,0 M €14,4 M €14,7 M €
Total assets10,2 M €9,6 M €13,0 M €14,4 M €14,7 M €
Cash24,7 k €139,6 k €319,3 k €489,9 k €531,3 k €
Debts20,2 k €618,9 €3,3 k €781,7 €948,0 €
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 4 ended

Active mandates

Hummingbird Ventures Management

Director · 0754.612.587

Represented by Firat Ileri

Active

Ended mandates

Hummingbird Ventures Management

Director · since 01 avril 2022 · 0754.612.587

Represented by Barend Van den Brande

Ended
Fileri Co Limited

Director · since 15 février 2019 · until 02 mai 2023

Represented by Firat Ileri

Ended
Hummingbird GP

Director · since 15 février 2019 · until 02 mai 2023 · 0664.528.192

Represented by Lukas Decoster

Ended
MTE

Managing director · since 15 février 2019 · until 02 mai 2023 · 0427.924.507

Represented by Barend Van den Brande

Ended
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Annual accounts

Full financial information

20252024202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/01/202301/01/202201/01/202115/02/2019
Closing of the financial year30/06/202530/06/202431/12/202231/12/202131/12/2020
Length of the financial year12 months18 months12 months12 months23 months
Filing date01/12/202527/11/202415/05/202325/05/202217/05/2021
General meeting04/11/202505/11/202403/03/202303/05/202204/05/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202504/11/202501/12/2025DutchPDF
Abridged model30/06/202405/11/202427/11/2024DutchPDF
Abridged model31/12/202203/03/202315/05/2023DutchPDF
Abridged model31/12/202103/05/202225/05/2022DutchPDF
Abridged model31/12/202004/05/202117/05/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/06/2025 · 1 active · 4 ended

Active mandates

Hummingbird Ventures Management

Director · 0754.612.587

Represented by Firat Ileri

Active

Ended mandates

Hummingbird Ventures Management

Director · since 01 avril 2022 · 0754.612.587

Represented by Barend Van den Brande

Ended
Fileri Co Limited

Director · since 15 février 2019 · until 02 mai 2023

Represented by Firat Ileri

Ended
Hummingbird GP

Director · since 15 février 2019 · until 02 mai 2023 · 0664.528.192

Represented by Lukas Decoster

Ended
MTE

Managing director · since 15 février 2019 · until 02 mai 2023 · 0427.924.507

Represented by Barend Van den Brande

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates23/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/05/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares25/01/2024
    DIVERSEN - KAPITAAL - AANDELEN
    PDF
  • Other08/03/2023
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office08/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/05/2022
    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

Timeline

  1. 2025
    Annual accounts 2025551,3 k €↑
  2. 2024
    Annual accounts 2024-554,5 k €↑
  3. 2024
    Name changeHB&Q Private privak naar Belgisch recht
  4. 2022
    Annual accounts 2022-1,4 M €↓
  5. 2021
    Annual accounts 2021305,8 k €↑
  6. 2021
    Name changeHB&Q
  7. 2020
    Annual accounts 2020-356,0 k €
  8. 15/02/2019
    IncorporationPublic limited company