ACTIVE

H GROUP

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

357,8 k €

+245.6% YoY

Gross margin

-30 k €

+69.1% YoY

Equity

2 M €

+21.9% YoY

What does H GROUP do?

H GROUP is a Public limited company incorporated in 2008. Its main activity is: Development of building projects. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.293.890

Incorporation

11/09/2008

Legal form

Public limited company

Registered office

Place Eugène Flagey 18
1050 Ixelles · BruxellesSee on map

Contributed capital

2 064 500,00 €

Latest accounts

31/12/2024

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41102Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68122Buying and selling of own real estate+2

Joint committees (1)

Signals

ProfitablePositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-30 k €	+69.1%	-97,3 k €	+40.6%	-163,8 k €	-118%	935,6 k €	+828%	-128,6 k €	-40.8%	-91,3 k €	-362%	-19,8 k €	+38.5%	-32,1 k €	-2976%	1,1 k €	-99.6%	251,8 k €	+4909%	5 k €	-40.4%	8,4 k €	+16092%	-52,7 €	-101%	8,2 k €	+229%	-6,3 k €	-188%	-2,2 k €
EBITDA	-109,5 k €	+39.3%	-180,4 k €	+39.3%	-296,9 k €	-132%	931,5 k €	+801%	-133 k €	+24.4%	-176 k €	-162%	-67,1 k €	-91.0%	-35,1 k €	-1517%	-2,2 k €	-101%	248,5 k €	+11630%	2,1 k €	-61.8%	5,5 k €	+292%	-2,9 k €	-898%	-289,1 €	+98.0%	-14,1 k €	-46.2%	-9,7 k €
Operating result	-212,7 k €	+25.0%	-283,6 k €	+32.6%	-420,8 k €	-145%	926 k €	+553%	-204,4 k €	+14.1%	-238,1 k €	-81.3%	-131,3 k €	-38.9%	-94,5 k €	-43.2%	-66 k €	-135%	187,1 k €	+949%	-22 k €	-56.3%	-14,1 k €	+36.9%	-22,4 k €	+28.1%	-31,1 k €	+32.4%	-46 k €	+69.5%	-150,8 k €
Net result	357,8 k €	+246%	-245,7 k €	+35.5%	-380,9 k €	-160%	630,4 k €	+472%	-169,6 k €	-1096%	17 k €	+120%	-84,6 k €	-30.8%	-64,7 k €	-69.0%	-38,3 k €	-120%	189,7 k €	+960%	-22,1 k €	-56.3%	-14,1 k €	+37.2%	-22,5 k €	+27.8%	-31,1 k €	+32.3%	-46 k €	+69.5%	-150,8 k €
Balance sheet
Equity	2 M €	+21.9%	1,6 M €	-13.1%	1,9 M €	+96.5%	955,4 k €	-14.2%	1,1 M €	-13.2%	1,3 M €	+1.3%	1,3 M €	-6.3%	1,4 M €	-4.6%	1,4 M €	-2.6%	1,5 M €	+747%	-224,6 k €	-10.9%	-202,6 k €	-7.5%	-188,4 k €	-13.5%	-166 k €	-23.1%	-134,8 k €	-51.8%	-88,8 k €
Total assets	12,9 M €	+55.9%	8,3 M €	-1.3%	8,4 M €	+16.9%	7,2 M €	+4.5%	6,8 M €	+71.0%	4 M €	+19.9%	3,3 M €	-34.1%	5,1 M €	+8.7%	4,7 M €	+35.8%	3,4 M €	+19.2%	2,9 M €	+272%	774,3 k €	-1.4%	785 k €	-5.6%	831,4 k €	-1.9%	847,1 k €	-2.9%	872,6 k €
Cash	680,4 k €	+2108%	30,8 k €	-54.5%	67,7 k €	-93.8%	1,1 M €	+349%	244,5 k €	+19647%	1,2 k €	-77.6%	5,5 k €	+4084%	132,3 €	-98.9%	12,4 k €	-59.2%	30,5 k €	+49.7%	20,4 k €	+25.1%	16,3 k €	+38.5%	11,8 k €	-40.1%	19,6 k €	+312%	4,8 k €	-72.2%	17,2 k €
Debts	10,6 M €	+66.9%	6,4 M €	+2.3%	6,2 M €	+4.9%	5,9 M €	+3.3%	5,7 M €	+111%	2,7 M €	+31.3%	2,1 M €	-44.2%	3,7 M €	+14.5%	3,2 M €	+64.0%	2 M €	-36.3%	3,1 M €	+218%	976,8 k €	+0.4%	973,4 k €	-2.4%	997,4 k €	+1.6%	981,9 k €	+2.1%	961,5 k €
Other
Workforce	–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 9 ended

Active mandates

Hubert Bonnet

Mandate

Active

Quoc-Tuan Ngo

Mandate

Active

Ended mandates

HUBERT BONNET

Director · since 08 février 2021 · until 15 mai 2027

Ended

HUBERT BONNET

Director · since 08 février 2021

Ended

QUOC-TUAN NGO

Director · since 08 février 2021

Ended

HUBERT BONNET

Director · since 08 septembre 2020 · until 07 septembre 2026

Ended

At this address

Other companies at this address

Company	CBE no.
1950● Active	0811.649.379
Advocaat Wouter Janssens● Active	0749.455.553
Arnaut Kint Avocat● Active	0740.453.854
ARTEVA● Active	0821.152.807
Astrikos I● Active	1028.900.675
Brinar● Active	1040.798.320
Brussels Jazz Orchestra● Active	0457.650.750
Brussels Philharmonic● Active	0463.455.508
CAFE BELGA● Active	0476.194.081
CRESTA● Active	0655.746.526
DEPREVERNET● Active	0845.924.825
Euregalia● Active	0448.177.018
EUROPEAN COMPETITION LAWYERS ASSOCIATION● Active	1035.499.447
EUROPEAN MUSIC EXPORTERS EXCHANGE● Active	0704.883.756
Galerie Greenwood● Active	0537.917.755
KNOWLEDGE FUSION● Active	0637.861.211
LEDURE SÉBASTIEN AVOCAT-ADVOCAAT● Active	0674.817.617
Maxime CHOME - Avocat● Active	0758.887.913
MEAUNET● Active	0864.755.790
MERIFIN EUROPE● Active	0438.272.526

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/10/2019	01/10/2018
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	15 months	12 months
Filing date	23/09/2025	24/07/2024	24/07/2023	27/09/2022	29/07/2021	27/04/2020
General meeting	31/08/2025	15/05/2024	15/05/2023	16/05/2022	15/05/2021	15/02/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	31/08/2025	23/09/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	15/05/2023	24/07/2023	French	PDF
Abridged model	31/12/2021	16/05/2022	27/09/2022	French	PDF
Abridged model	31/12/2020	15/05/2021	29/07/2021	French	PDF
Abridged model	30/09/2019	15/02/2020	27/04/2020	French	PDF
Abridged model	30/09/2018	15/02/2019	02/04/2019	French	PDF
Micro model	30/09/2017	15/02/2018	26/03/2018	French	PDF
Abridged model	30/09/2016	15/02/2017	28/03/2017	French	PDF
Abridged modelCorrection	30/09/2015	15/02/2016	01/06/2016	French	PDF
Abridged model	30/09/2015	15/02/2016	25/03/2016	French	PDF
Abridged model	30/09/2014	16/02/2015	23/03/2015	French	PDF
Abridged model	30/09/2013	15/02/2014	31/03/2014	French	PDF
Abridged model	30/09/2012	15/02/2013	29/03/2013	French	PDF
Abridged model	30/09/2011	15/02/2012	15/02/2012	French	PDF
Abridged model	30/09/2010	15/02/2011	01/03/2011	French	PDF
Abridged model	30/09/2009	15/02/2010	04/03/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2024 · 2 active · 9 ended

Active mandates

Hubert Bonnet

Mandate

Active

Quoc-Tuan Ngo

Mandate

Active

Ended mandates

HUBERT BONNET

Director · since 08 février 2021 · until 15 mai 2027

Ended

HUBERT BONNET

Director · since 08 février 2021

Ended

QUOC-TUAN NGO

Director · since 08 février 2021

Ended

HUBERT BONNET

Director · since 08 septembre 2020 · until 07 septembre 2026

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares03/12/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Restructuring23/10/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring19/08/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares05/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates06/04/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates29/10/2020
DEMISSIONS, NOMINATIONS
PDF
Other11/05/2020
ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office13/10/2017
SIEGE SOCIAL
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

2024
Annual accounts 2024357,8 k €↑
2023
Annual accounts 2023-245,7 k €↑
2022
Annual accounts 2022-380,9 k €↓
2021
Annual accounts 2021630,4 k €↑
2020
Annual accounts 2020-169,6 k €↓
2019
Annual accounts 201917 k €↑
2018
Annual accounts 2018-84,6 k €↓
2017
Annual accounts 2017-64,7 k €↓
2016
Annual accounts 2016-38,3 k €↓
2015
Annual accounts 2015189,7 k €↑
2014
Annual accounts 2014-22,1 k €↓
2013
Annual accounts 2013-14,1 k €↑
2012
Annual accounts 2012-22,5 k €↑
2011
Annual accounts 2011-31,1 k €↑
2010
Annual accounts 2010-46 k €↑
2009
Annual accounts 2009-150,8 k €
11/09/2008
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

H GROUP

Overview

What does H GROUP do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline