NORMAL SITUATION

HECAM

Financial year 2026 · closed on 17/03/2026
Net result
2,6 k €
-91.5% YoY
Gross margin
25 k €
-61.7% YoY
Equity
0 €
-100.0% YoY

Company — Normal situation.

What does HECAM do?

HECAM is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.226.087
Legal form
Private limited company
Contributed capital
0,00 €
Latest accounts
17/03/2026
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20262025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin25 k €65,3 k €10,8 k €89,2 k €19,8 k €32,5 k €16,6 k €155,8 k €115,3 k €127,2 k €99,8 k €146,7 k €175,2 k €145,2 k €108,1 k €137,6 k €150,7 k €
EBITDA24,6 k €61,7 k €7,4 k €86,2 k €16,9 k €-15,8 k €12,1 k €153,4 k €112,8 k €124,7 k €97,5 k €144,4 k €172,8 k €142,5 k €106,2 k €135,7 k €148,2 k €
Operating result2,8 k €30,5 k €-24,3 k €54,7 k €-14,6 k €-47,3 k €-16,3 k €124,8 k €82,2 k €86,9 k €59,6 k €106,2 k €134,8 k €107,3 k €78,8 k €108,4 k €5,8 k €
Net result2,6 k €30,5 k €-25,1 k €29,2 k €-36,9 k €-69 k €-38,7 k €71,5 k €35 k €31,1 k €15,9 k €48,9 k €68 k €47,9 k €26,8 k €56 k €-38,5 k €
Balance sheet
Equity0 €402,5 k €372 k €397 k €367,9 k €404,8 k €473,8 k €512,5 k €441,1 k €406,1 k €375 k €359,1 k €310,2 k €242,2 k €194,3 k €167,5 k €111,5 k €
Total assets819,8 k €866,8 k €843,1 k €868,2 k €940,3 k €962,5 k €1,1 M €1,1 M €1 M €1 M €1,1 M €1,1 M €1,2 M €1,2 M €1,2 M €1,2 M €1,2 M €
Cash40,8 k €6,6 k €4,1 k €5,1 k €28,5 k €17,2 k €48,6 k €28,6 k €16 k €16,5 k €23,3 k €10,6 k €33,6 k €24 k €29 k €13,5 k €11,8 k €
Debts819,8 k €463,2 k €470,2 k €470,2 k €571,6 k €556,8 k €669,1 k €547,5 k €561,3 k €627,3 k €714,2 k €744,1 k €875,1 k €934 k €1 M €1 M €1,1 M €
Governance

Board of directors

Seen on filing of 17/03/2026 · 1 active · 2 ended

Active mandates

Kris Baes

Director · since 24 juin 2024

Active

Ended mandates

Kris Baes

Director

Ended
Kris Baes

Manager

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202501/10/202401/10/202301/10/202201/10/202101/10/2020
Closing of the financial year17/03/202630/09/202530/09/202430/09/202330/09/202230/09/2021
Length of the financial year6 months12 months12 months12 months12 months12 months
Filing date09/04/202610/03/202630/04/202511/03/202412/04/202318/03/2022
General meeting17/03/202626/02/202631/03/202529/02/202416/03/202324/02/2022
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model17/03/202617/03/202609/04/2026DutchPDF
Micro model30/09/202526/02/202610/03/2026DutchPDF
Micro model30/09/202431/03/202530/04/2025DutchPDF
Micro model30/09/202329/02/202411/03/2024DutchPDF
Micro model30/09/202216/03/202312/04/2023DutchPDF
Micro model30/09/202124/02/202218/03/2022DutchPDF
Micro model30/09/202031/03/202123/04/2021DutchPDF
Micro model30/09/201927/02/202027/03/2020DutchPDF
Micro model30/09/201828/02/201908/03/2019DutchPDF
Micro model30/09/201722/02/201802/03/2018DutchPDF
Abridged model30/09/201623/02/201721/03/2017DutchPDF
Abridged model30/09/201525/02/201609/03/2016DutchPDF
Abridged model30/09/201426/02/201519/03/2015DutchPDF
Abridged model30/09/201327/03/201414/04/2014DutchPDF
Abridged model30/09/201228/02/201308/03/2013DutchPDF
Abridged model30/09/201123/02/201224/02/2012DutchPDF
Abridged model30/09/201024/02/201101/03/2011DutchPDF
Estimate

Indicative valuation

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 17/03/2026 · 1 active · 2 ended

Active mandates

Kris Baes

Director · since 24 juin 2024

Active

Ended mandates

Kris Baes

Director

Ended
Kris Baes

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution05/05/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, 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. 2026
    Annual accounts 20262,6 k €
  2. 2025
    Annual accounts 202530,5 k €
  3. 2024
    Annual accounts 2024-25,1 k €
  4. 2023
    Annual accounts 202329,2 k €
  5. 2022
    Annual accounts 2022-36,9 k €
  6. 2021
    Annual accounts 2021-69 k €
  7. 2020
    Annual accounts 2020-38,7 k €
  8. 2019
    Annual accounts 201971,5 k €
  9. 2018
    Annual accounts 201835 k €
  10. 2017
    Annual accounts 201731,1 k €
  11. 2016
    Annual accounts 201615,9 k €
  12. 2015
    Annual accounts 201548,9 k €
  13. 2014
    Annual accounts 201468 k €
  14. 2013
    Annual accounts 201347,9 k €
  15. 2012
    Annual accounts 201226,8 k €
  16. 2011
    Annual accounts 201156 k €
  17. 2010
    Annual accounts 2010-38,5 k €