ACTIVE

HEATH ROAD

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Financial year 2025 · closed on 31/12/2025
Net result
403,2 k €
+35.4% YoY
Gross margin
591,4 k €
+27.2% YoY
Equity
90,7 k €
-89.9% YoY

What does HEATH ROAD do?

HEATH ROAD is a Private limited company incorporated in 2019. Its main activity is: Performing arts. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0729.951.130
Incorporation
09/07/2019
Legal form
Private limited company
Registered office
Heistraat 1
9052 Gent · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
90011Performing arts· main90201Creative, arts and entertainment activities70200Management consultancy activities70210Public relations and communication activities70220Business and other management consultancy activities73300Advertising and market research
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin591,4 k €464,8 k €443,6 k €461 k €518,9 k €366 k €139,8 k €
EBITDA587,5 k €460,8 k €439,7 k €449,3 k €460,3 k €364,3 k €139 k €
Operating result535,6 k €396,5 k €383,9 k €404,9 k €425,9 k €347,6 k €138,8 k €
Net result403,2 k €297,8 k €288,4 k €306,8 k €328,3 k €263,8 k €105,7 k €
Balance sheet
Equity90,7 k €895,6 k €597,8 k €309,4 k €700,3 k €372 k €108,2 k €
Total assets1,2 M €1 M €1,1 M €1,4 M €1,3 M €514,9 k €175,2 k €
Cash216,9 k €135,2 k €213,3 k €446,1 k €154 k €279 k €94,2 k €
Debts1,1 M €151,2 k €477,9 k €1 M €557,6 k €142,6 k €66,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Johan Deburchgrave

Director · since 09 juillet 2019

Active
At this address

Other companies at this address

CompanyCBE no.
Emco● Liquidation
0400.144.202
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date26/06/202629/08/202528/08/202431/08/202330/08/202221/06/2021
General meeting20/06/202621/06/202515/06/202417/06/202318/06/202221/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202520/06/202626/06/2026DutchPDF
Micro model31/12/202421/06/202529/08/2025DutchPDF
Micro model31/12/202315/06/202428/08/2024DutchPDF
Micro model31/12/202217/06/202331/08/2023DutchPDF
Micro model31/12/202118/06/202230/08/2022DutchPDF
Micro model31/12/202021/06/202121/06/2021DutchPDF
Micro model31/12/201922/06/202022/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Johan Deburchgrave

Director · since 09 juillet 2019

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/07/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025403,2 k €↑
  2. 2024
    Annual accounts 2024297,8 k €↑
  3. 2023
    Annual accounts 2023288,4 k €↓
  4. 2022
    Annual accounts 2022306,8 k €↓
  5. 2021
    Annual accounts 2021328,3 k €↑
  6. 2020
    Annual accounts 2020263,8 k €↑
  7. 2019
    Annual accounts 2019105,7 k €
  8. 09/07/2019
    IncorporationPrivate limited company