ACTIVE

HDL

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Financial year 2025 · closed on 31/12/2025

Net result

40,6 k €

+59.8% YoY

Gross margin

57,1 k €

+7.1% YoY

Equity

1,8 M €

-0.5% YoY

What does HDL do?

HDL is a Private limited company incorporated in 2009. Its registered office is in Grez-Doiceau.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0817.066.929

Incorporation

30/06/2009

Legal form

Private limited company

Registered office

Chaussée de Wavre 362
1390 Grez-Doiceau · WallonieSee on map

Contributed capital

1 189 037,42 €

Latest accounts

31/12/2025

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	57,1 k €	+7.1%	53,3 k €	-9.9%	59,2 k €	+8.9%	54,3 k €	+6.4%	51,1 k €	-8.2%	55,6 k €	-47.8%	106,5 k €	-49.6%	211,1 k €	-3.8%	219,4 k €	-42.1%	378,9 k €	+69.4%	223,7 k €	-31.5%	326,5 k €	+478%	56,5 k €	+147%	22,9 k €	+735%	2,7 k €	-46.8%	5,2 k €
EBITDA	56,8 k €	+7.3%	52,9 k €	-8.0%	57,5 k €	+6.4%	54 k €	+6.4%	50,8 k €	+11.4%	45,6 k €	-50.1%	91,4 k €	-54.3%	199,8 k €	-7.5%	215,9 k €	-42.0%	372,4 k €	+108%	179,1 k €	-27.3%	246,5 k €	+1229%	18,5 k €	+15.1%	16,1 k €	+893%	-2 k €	-146%	4,4 k €
Operating result	56,8 k €	+7.3%	52,9 k €	-8.0%	57,5 k €	+6.4%	54 k €	+6.4%	50,8 k €	+11.4%	45,6 k €	-39.1%	74,9 k €	-48.5%	145,3 k €	-10.0%	161,5 k €	-52.3%	338,6 k €	+79.4%	188,7 k €	+7.4%	175,7 k €	+2006%	8,3 k €	-43.6%	14,8 k €	+598%	-3 k €	-198%	3 k €
Net result	40,6 k €	+59.8%	25,4 k €	-61.2%	65,4 k €	+381%	13,6 k €	-74.3%	53 k €	+141%	22 k €	-63.4%	60,1 k €	+5.7%	56,8 k €	-49.7%	113 k €	-55.9%	256,4 k €	+86.9%	137,2 k €	+10.2%	124,5 k €	+1529%	7,6 k €	-48.2%	14,8 k €	+588%	-3 k €	-194%	3,2 k €
Balance sheet
Equity	1,8 M €	-0.5%	1,8 M €	-1.3%	1,9 M €	+0.8%	1,8 M €	-1.9%	1,9 M €	+0.2%	1,9 M €	-4.0%	2 M €	+2.2%	1,9 M €	+3.1%	1,9 M €	+6.5%	1,7 M €	+17.3%	1,5 M €	+10.2%	1,3 M €	+158%	522,6 k €	+1.5%	514,9 k €	+2.9%	500,2 k €	-0.6%	503,2 k €
Total assets	1,9 M €	-0.4%	1,9 M €	-0.7%	1,9 M €	-0.3%	1,9 M €	-0.8%	1,9 M €	-4.6%	2 M €	+3.3%	2 M €	-20.1%	2,5 M €	-0.7%	2,5 M €	-6.7%	2,7 M €	+8.9%	2,4 M €	-0.7%	2,5 M €	+122%	1,1 M €	+34.4%	828,4 k €	+59.9%	518 k €	-6.6%	554,7 k €
Cash	108,8 k €	-7.5%	117,7 k €	-11.0%	132,3 k €	-5.5%	139,9 k €	-10.0%	155,4 k €	-37.8%	250 k €	+34.8%	185,5 k €	+39.9%	132,6 k €	+11.0%	119,5 k €	-68.8%	383,3 k €	+151%	152,6 k €	+82.5%	83,7 k €		–		–		–		–
Debts	81,4 k €	+2.2%	79,6 k €	+15.1%	69,2 k €	-21.7%	88,3 k €	+31.4%	67,2 k €	-59.0%	163,7 k €	+680%	21 k €	-96.2%	558,9 k €	-11.5%	631,4 k €	-31.5%	921,9 k €	-4.0%	960,2 k €	-10.7%	1,1 M €	+82.2%	590,3 k €	+88.6%	312,9 k €	+1658%	17,8 k €	-65.4%	51,5 k €
Other
Workforce	–		–		–		–		–		–		1,0 ETP		–		–		–		1,6 ETP	-20.0%	2,0 ETP	+53.8%	1,3 ETP	+550%	0,2 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Héli DEPRE

Director

Active

Ended mandates

HELI DEPRE

Mandate

Ended

HELI DEPRE

Manager

Ended

Héli DEPRE

Managing director

Ended

At this address

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STEMA● Active	0433.462.316

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2026	11/08/2025	15/07/2024	14/07/2023	19/07/2022	06/08/2021
General meeting	26/06/2026	31/07/2025	15/06/2024	15/06/2023	15/06/2022	15/06/2021
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

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	03/07/2026	French	PDF
Micro model	31/12/2024	31/07/2025	11/08/2025	French	PDF
Micro model	31/12/2023	15/06/2024	15/07/2024	French	PDF
Micro model	31/12/2022	15/06/2023	14/07/2023	French	PDF
Micro model	31/12/2021	15/06/2022	19/07/2022	French	PDF
Micro model	31/12/2020	15/06/2021	06/08/2021	French	PDF
Abridged model	31/12/2019	15/06/2020	29/10/2020	French	PDF
Abridged model	31/12/2018	15/06/2019	24/06/2019	French	PDF
Abridged model	31/12/2017	15/06/2018	23/07/2018	French	PDF
Abridged model	31/12/2016	15/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	15/06/2016	23/08/2016	French	PDF
Abridged model	31/12/2014	15/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	22/08/2014	French	PDF
Abridged model	31/12/2012	15/06/2013	09/08/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	05/07/2012	French	PDF
Abridged model	31/12/2010	15/06/2011	24/08/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 ended

Active mandates

Héli DEPRE

Director

Active

Ended mandates

HELI DEPRE

Mandate

Ended

HELI DEPRE

Manager

Ended

Héli DEPRE

Managing director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares07/07/2020
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Restructuring06/01/2020
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Capital / shares22/07/2014
CAPITAL, ACTIONS
PDF
Other28/07/2009
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 202540,6 k €↑
2024
Annual accounts 202425,4 k €↓
2023
Annual accounts 202365,4 k €↑
2022
Annual accounts 202213,6 k €↓
2021
Annual accounts 202153 k €↑
2020
Annual accounts 202022 k €↓
2019
Annual accounts 201960,1 k €↑
2018
Annual accounts 201856,8 k €↓
2017
Annual accounts 2017113 k €↓
2016
Annual accounts 2016256,4 k €↑
2015
Annual accounts 2015137,2 k €↑
2014
Annual accounts 2014124,5 k €↑
2013
Annual accounts 20137,6 k €↓
2012
Annual accounts 201214,8 k €↑
2011
Annual accounts 2011-3 k €↓
2010
Annual accounts 20103,2 k €
30/06/2009
IncorporationPrivate 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

HDL

Overview

What does HDL 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