ACTIVE

HD Group

Financial year 2025 · closed on 31/12/2025
Net result
8,7 k €
-94.6% YoY
Gross margin
461,8 k €
+41.1% YoY
Equity
619,5 k €
+458.9% YoY
Workforce
2,1 ETP
+600.0% YoY

What does HD Group do?

HD Group is a Private limited company incorporated in 2022. Its main activity is: Development of building projects. Its registered office is in Lendelede. It employs on average 2,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0793.380.816
Incorporation
08/11/2022
Legal form
Private limited company
Registered office
Stationsstraat 80 box A
8860 Lendelede · FlandreSee on map
Contributed capital
605 000,00 €
Latest accounts
31/12/2025
Average workforce
2,1 ETP
Joint committees (2)
  • 20000
  • 200000
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin461,8 k €327,3 k €15,5 k €-7,6 k €
EBITDA188,9 k €296,6 k €-28,3 k €-7,9 k €
Operating result173,3 k €261,2 k €-56,4 k €-8,3 k €
Net result8,7 k €162,1 k €-147,9 k €-8,3 k €
Balance sheet
Equity619,5 k €110,9 k €-51,2 k €96,7 k €
Total assets14,2 M €3,9 M €3,2 M €394,9 k €
Cash1,2 M €788,2 €8,3 k €193 k €
Debts11 M €3,8 M €3,3 M €298,2 k €
Other
Workforce2,1 ETP0,3 ETP0,7 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 · 2 active · 4 ended

Active mandates

EBHuyghe

Director · since 08 novembre 2022 · 0691.924.754

Represented by Huyghe Emmerson

Active
Derveaux Invest

Director · 0782.347.461

Represented by Derveaux Dylan

Active

Ended mandates

Derveaux Invest

Director · since 08 novembre 2022 · 0782.347.461

Represented by Dylan Derveaux

Ended
Derveaux Invest

Director · since 08 novembre 2022 · 0782.347.461

Represented by Dylan Derveaux

Ended
EBHuyghe

Director · since 08 novembre 2022 · 0691.924.754

Represented by Emmerson Huyghe

Ended
EBHuyghe

Director · 0691.924.754

Represented by Emmerson HUYGHE

Ended
At this address

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Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202308/11/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months2 months
Filing date23/07/202615/09/202530/09/202431/07/2023
General meeting30/06/202631/08/202530/09/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202623/07/2026DutchPDF
Abridged model31/12/202431/08/202515/09/2025DutchPDF
Abridged model31/12/202330/09/202430/09/2024DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
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 · 2 active · 4 ended

Active mandates

EBHuyghe

Director · since 08 novembre 2022 · 0691.924.754

Represented by Huyghe Emmerson

Active
Derveaux Invest

Director · 0782.347.461

Represented by Derveaux Dylan

Active

Ended mandates

Derveaux Invest

Director · since 08 novembre 2022 · 0782.347.461

Represented by Dylan Derveaux

Ended
Derveaux Invest

Director · since 08 novembre 2022 · 0782.347.461

Represented by Dylan Derveaux

Ended
EBHuyghe

Director · since 08 novembre 2022 · 0691.924.754

Represented by Emmerson Huyghe

Ended
EBHuyghe

Director · 0691.924.754

Represented by Emmerson HUYGHE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other25/06/2025
    BENAMING
    PDF
  • Registered office15/02/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/03/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/11/2022
    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 20258,7 k €
  2. 2024
    Annual accounts 2024162,1 k €
  3. 2024
    Name changeHD Group
  4. 2023
    Annual accounts 2023-147,9 k €
  5. 2022
    Annual accounts 2022-8,3 k €
  6. 08/11/2022
    IncorporationPrivate limited company
  7. 2022
    Name changeHD ESTATE