ACTIVE

HSI

Financial year 2025 · closed on 31/12/2025
Net result
-170,8 k €
+75.4% YoY
Gross margin
-104,9 k €
+79.6% YoY
Equity
6,6 M €
-2.5% YoY

What does HSI do?

HSI is a Private limited company incorporated in 2019. Its main activity is: Activities of holding companies. Its registered office is in Kontich.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0738.480.202
Incorporation
27/11/2019
Legal form
Private limited company
Registered office
Prins Boudewijnlaan 7 box 8
2550 Kontich · FlandreSee on map
Contributed capital
7 734 368,05 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-104,9 k €-513,2 k €-237,8 €27 k €123,2 k €
EBITDA-105,1 k €-514,3 k €-2,2 k €26,8 k €122,6 k €
Operating result-105,1 k €-514,3 k €-2,2 k €26,8 k €122,6 k €
Net result-170,8 k €-694,1 k €-206,6 k €-63,9 k €851,9 €
Balance sheet
Equity6,6 M €6,8 M €644,1 k €850,7 k €914,5 k €
Total assets6,7 M €7,9 M €5 M €5,1 M €5 M €
Cash19,6 k €1,7 M €44,1 k €107,6 k €374,8 €
Debts131,2 k €1,1 M €4,4 M €4,2 M €4 M €
Other
Workforce0,0 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 · 5 active · 9 ended

Active mandates

CCR Partners

Director · since 03 février 2025 · 0748.799.517

Represented by Erik VERKEST

Active
ALMARO INVEST

Director · since 27 septembre 2024 · 0763.403.757

Represented by Marie-Hélène Woestyn

Active
BRUGGENEIND

Director · since 27 septembre 2024 · 0450.573.017

Represented by Marc VAN HOOL

Active
Sentit

Director · since 27 septembre 2024 · 0739.672.510

Represented by Jens Téblick

Active
WELL WELL WELL

Director · since 27 septembre 2024 · 0891.876.101

Represented by Luc TÉBLICK

Active

Ended mandates

Belgian Heating Solutions

Director · since 25 septembre 2023 · 0783.338.544

Represented by Téblick LUC

Ended
ALIMA INVEST

Chairman of the board of directors · since 27 novembre 2019 · 0894.095.322

Represented by Verbrugge Jan

Ended
ALIMA INVEST

Director · since 27 novembre 2019 · until 31 mars 2022 · 0894.095.322

Represented by Verbrugge JAN

Ended
Luc Téblick

Managing director · since 27 novembre 2019

Ended
At this address

Other companies at this address

CompanyCBE no.
2000 CAPITALActive
0456.990.853
2000 INVESTActive
0648.814.885
2000 ProjectsActive
0650.697.774
ARH GROUPActive
0764.353.565
BILLIMMOActive
0433.583.664
BK CONSULTINGActive
1026.996.210
BRABO FLOORINGActive
0417.671.409
0719.954.289
CARROSSERIE 2000Bankrupt
0785.611.710
1019.986.969
0666.789.777
Dewe HoldcoActive
0797.407.603
0826.814.043
DOA DIAGNOSTICSActive
0749.882.155
FINSOLActive
0555.881.759
GEBO FLOORINGActive
0431.516.079
GlasboyActive
0785.402.169
HEATSAILActive
0845.705.287
HELIMOActive
0548.812.538
0810.463.209
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202125/11/2019
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 months14 months
Filing date02/07/202618/07/202530/07/202424/11/202305/07/202221/06/2021
General meeting26/06/202620/06/202530/06/202426/09/202317/06/202218/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202602/07/2026DutchPDF
Abridged model31/12/202420/06/202518/07/2025DutchPDF
Abridged model31/12/202330/06/202430/07/2024DutchPDF
Abridged model31/12/202226/09/202324/11/2023DutchPDF
Abridged model31/12/202117/06/202205/07/2022DutchPDF
Abridged model31/12/202018/06/202121/06/2021DutchPDF
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 · 5 active · 9 ended

Active mandates

CCR Partners

Director · since 03 février 2025 · 0748.799.517

Represented by Erik VERKEST

Active
ALMARO INVEST

Director · since 27 septembre 2024 · 0763.403.757

Represented by Marie-Hélène Woestyn

Active
BRUGGENEIND

Director · since 27 septembre 2024 · 0450.573.017

Represented by Marc VAN HOOL

Active
Sentit

Director · since 27 septembre 2024 · 0739.672.510

Represented by Jens Téblick

Active
WELL WELL WELL

Director · since 27 septembre 2024 · 0891.876.101

Represented by Luc TÉBLICK

Active

Ended mandates

Belgian Heating Solutions

Director · since 25 septembre 2023 · 0783.338.544

Represented by Téblick LUC

Ended
ALIMA INVEST

Chairman of the board of directors · since 27 novembre 2019 · 0894.095.322

Represented by Verbrugge Jan

Ended
ALIMA INVEST

Director · since 27 novembre 2019 · until 31 mars 2022 · 0894.095.322

Represented by Verbrugge JAN

Ended
Luc Téblick

Managing director · since 27 novembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other07/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/05/2022
    MAATSCHAPPELIJKE ZETEL
    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 2025-170,8 k €
  2. 2024
    Annual accounts 2024-694,1 k €
  3. 2023
    Annual accounts 2023-206,6 k €
  4. 2023
    Name changeHSI
  5. 2022
    Annual accounts 2022-63,9 k €
  6. 2021
    Annual accounts 2021851,9 €
  7. 2020
    Name changeHeatsail International
  8. 27/11/2019
    IncorporationPrivate limited company