ACTIVE

H.D.M. SYSTEMS

Financial year 2025 · closed on 30/09/2025
Net result
-45 k €
-214.2% YoY
Gross margin
25,4 k €
-79.0% YoY
Equity
124,3 k €
-26.6% YoY

What does H.D.M. SYSTEMS do?

H.D.M. SYSTEMS is a Private limited company incorporated in 2009. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.246.848
Incorporation
13/01/2009
Legal form
Private limited company
Registered office
Kanonstraat(Kor) 17
8500 Kortrijk · FlandreSee on map
Latest accounts
30/09/2025
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220202019201820172016201520142013201220112010
Income statement
Gross margin25,4 k €120,8 k €137,4 k €74,6 k €27 k €15,9 k €23,7 k €13,4 k €21,6 k €22,8 k €-6,7 k €10,5 k €10 k €11 k €-954,4 €
EBITDA-22,3 k €80,1 k €117,9 k €63,2 k €21,4 k €13,2 k €20,9 k €4,3 k €20,2 k €21,8 k €-7,7 k €8,9 k €8,7 k €10,1 k €-3,2 k €
Operating result-39,8 k €64,7 k €106,1 k €53,6 k €11,4 k €1,8 k €14,1 k €-2,7 k €15,3 k €19,4 k €-12,6 k €6,6 k €6,5 k €8 k €-6,1 k €
Net result-45 k €39,4 k €69,6 k €33,1 k €4,5 k €-1,8 k €6,3 k €-5 k €9,5 k €14,4 k €-14 k €3 k €1,9 k €4,9 k €-7,3 k €
Balance sheet
Equity124,3 k €169,3 k €136,2 k €80,9 k €23,5 k €19 k €20,8 k €14,5 k €19,5 k €13,9 k €-477,8 €13,5 k €10,4 k €8,5 k €5,2 k €
Total assets334,4 k €400,6 k €429,9 k €288,5 k €202,9 k €182,5 k €139,8 k €97,6 k €130,4 k €83,8 k €79,3 k €18,5 k €21,4 k €15,9 k €12,5 k €
Cash106,2 k €103,8 k €167,7 k €93,1 k €57,8 k €42,3 k €5,1 k €6,6 k €6,1 k €35,3 k €51,3 k €308,5 €10,8 k €7,3 k €3,7 k €
Debts209,2 k €227,3 k €291 k €206,9 k €177,4 k €162,6 k €119 k €83,1 k €111 k €69,9 k €79,7 k €5 k €10,9 k €7,4 k €7,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 9 ended

Active mandates

Harold Demaeght

Director · since 24 avril 2023

Active
Herlinde Sterckx

Director · since 24 avril 2023

Active

Ended mandates

Herlinde Sterckx

Director · since 01 octobre 2017

Ended
HERLINDE STERKX

Director · since 01 octobre 2017

Ended
HERLINDE STERKX

Manager · since 01 octobre 2017

Ended
Geert VANDENBRANDE

Manager · since 13 janvier 2009 · until 23 février 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/03/202622/03/202512/02/202428/03/202302/03/202218/01/2021
General meeting10/03/202603/03/202518/01/202418/03/202319/02/202212/12/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202510/03/202625/03/2026DutchPDF
Micro model30/09/202403/03/202522/03/2025DutchPDF
Micro model30/09/202318/01/202412/02/2024DutchPDF
Micro model30/09/202218/03/202328/03/2023DutchPDF
Micro model30/09/202119/02/202202/03/2022DutchPDF
Micro model30/09/202012/12/202018/01/2021DutchPDF
Micro model30/09/201914/12/201927/01/2020DutchPDF
Micro model30/09/201808/12/201812/04/2019DutchPDF
Micro model30/09/201709/12/201709/02/2018DutchPDF
Abridged model30/09/201610/12/201616/12/2016DutchPDF
Abridged model30/09/201512/12/201516/12/2015DutchPDF
Abridged model30/09/201413/12/201416/01/2015DutchPDF
Abridged model30/09/201314/12/201319/12/2013DutchPDF
Abridged model30/09/201208/12/201221/12/2012DutchPDF
Abridged model30/09/201110/12/201117/02/2012DutchPDF
Abridged model30/09/201011/12/201026/04/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/09/2025 · 2 active · 9 ended

Active mandates

Harold Demaeght

Director · since 24 avril 2023

Active
Herlinde Sterckx

Director · since 24 avril 2023

Active

Ended mandates

Herlinde Sterckx

Director · since 01 octobre 2017

Ended
HERLINDE STERKX

Director · since 01 octobre 2017

Ended
HERLINDE STERKX

Manager · since 01 octobre 2017

Ended
Geert VANDENBRANDE

Manager · since 13 janvier 2009 · until 23 février 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/04/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/09/2011
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/01/2009
    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 2025-45 k €
  2. 2024
    Annual accounts 202439,4 k €
  3. 2023
    Annual accounts 202369,6 k €
  4. 2022
    Annual accounts 202233,1 k €
  5. 2020
    Annual accounts 20204,5 k €
  6. 2019
    Annual accounts 2019-1,8 k €
  7. 2018
    Annual accounts 20186,3 k €
  8. 2017
    Annual accounts 2017-5 k €
  9. 2016
    Annual accounts 20169,5 k €
  10. 2015
    Annual accounts 201514,4 k €
  11. 2014
    Annual accounts 2014-14 k €
  12. 2013
    Annual accounts 20133 k €
  13. 2012
    Annual accounts 20121,9 k €
  14. 2011
    Annual accounts 20114,9 k €
  15. 2010
    Annual accounts 2010-7,3 k €
  16. 13/01/2009
    IncorporationPrivate limited company