ACTIVE

H2H

Financial year 2025 · closed on 31/12/2025
Net result
888,3 k €
+2048.7% YoY
Gross margin
1,7 M €
+415.8% YoY
Equity
2,5 M €
+55.9% YoY
Workforce
2,8 ETP
0.0% YoY

What does H2H do?

H2H is a Public limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Sint-Niklaas. It employs on average 2,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0740.479.885
Incorporation
26/12/2019
Legal form
Public limited company
Registered office
Gentse Baan 66 box 201
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Average workforce
2,8 ETP
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin1,7 M €329,4 k €51,5 k €279,6 k €317,9 k €668,3 k €
EBITDA1,5 M €65,7 k €50,4 k €278,6 k €317,4 k €667,6 k €
Operating result1,5 M €65,7 k €50,4 k €278,6 k €317,4 k €667,6 k €
Net result888,3 k €-45,6 k €-53 k €143,1 k €157,4 k €387,9 k €
Balance sheet
Equity2,5 M €1,6 M €1,6 M €1,7 M €1,5 M €1,4 M €
Total assets19,9 M €19,8 M €9,9 M €9,9 M €9,9 M €11,6 M €
Cash271,8 k €132,5 k €176,3 k €208,8 k €220,7 k €327,7 k €
Debts17,3 M €18,1 M €8,2 M €8,1 M €8,2 M €10 M €
Other
Workforce2,8 ETP2,8 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 14 ended

Active mandates

Frank Flebus

Managing director

Active

Ended mandates

Frank Flebus

Director · since 31 janvier 2020 · until 31 janvier 2026

Ended
FRANK FLEBUS

Managing director · since 31 janvier 2020 · until 31 janvier 2026

Ended
A.M.G.

Director · since 29 décembre 2019 · until 29 décembre 2025 · 0656.522.427

Represented by FRANK FLEBUS

Ended
Armanco

Director · since 29 décembre 2019 · until 29 décembre 2025 · 0666.833.923

Represented by RUBEN COOLENS

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202129/12/2019
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 months13 months
Filing date20/03/202617/06/202525/06/202419/06/202330/08/202213/07/2021
General meeting20/03/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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 model31/12/202520/03/202620/03/2026DutchPDF
Abridged model31/12/202413/06/202517/06/2025DutchPDF
Abridged model31/12/202314/06/202425/06/2024DutchPDF
Abridged model31/12/202209/06/202319/06/2023DutchPDF
Abridged model31/12/202110/06/202230/08/2022DutchPDF
Abridged model31/12/202011/06/202113/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 14 ended

Active mandates

Frank Flebus

Managing director

Active

Ended mandates

Frank Flebus

Director · since 31 janvier 2020 · until 31 janvier 2026

Ended
FRANK FLEBUS

Managing director · since 31 janvier 2020 · until 31 janvier 2026

Ended
A.M.G.

Director · since 29 décembre 2019 · until 29 décembre 2025 · 0656.522.427

Represented by FRANK FLEBUS

Ended
Armanco

Director · since 29 décembre 2019 · until 29 décembre 2025 · 0666.833.923

Represented by RUBEN COOLENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/12/2019
    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 2025888,3 k €
  2. 2024
    Annual accounts 2024-45,6 k €
  3. 2023
    Annual accounts 2023-53 k €
  4. 2022
    Annual accounts 2022143,1 k €
  5. 2021
    Annual accounts 2021157,4 k €
  6. 2020
    Annual accounts 2020387,9 k €
  7. 26/12/2019
    IncorporationPublic limited company