ACTIVE

Centhro

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Financial year 2025 · closed on 31/12/2025

Net result

-3,7 k €

-113.8% YoY

Gross margin

560,6 k €

+21.7% YoY

Equity

211,8 k €

-1.7% YoY

Workforce

4,8 ETP

+37.1% YoY

What does Centhro do?

Centhro is a Private company with limited liability incorporated in 2009. Its main activity is: Computer programming activities. Its registered office is in Hasselt. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.513.516

Incorporation

27/08/2009

Legal form

Private company with limited liability

Registered office

Ilgatlaan 9
3500 Hasselt · FlandreSee on map

Contributed capital

76 200,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 62020Computer consultancy activities 62200Computer programming, consultancy and related activities

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	560,6 k €	+21.7%	460,6 k €	-25.6%	619,2 k €	+41.3%	438,1 k €	+6.6%	411,1 k €	+11.1%	369,9 k €	-5.2%	390,1 k €	-2.5%	400,2 k €	-19.0%	494,1 k €	+36.6%	361,7 k €	+478%	62,5 k €	+1436%	4,1 k €	-25.6%	5,5 k €	-50.7%	11,1 k €
EBITDA	228,1 k €	+5.8%	215,7 k €	-9.4%	238 k €	+569%	35,6 k €	+13.3%	31,4 k €	-66.9%	95 k €	+0.9%	94,2 k €	+54.9%	60,8 k €	-3.4%	63 k €	+137%	26,6 k €	+136%	11,3 k €	+225%	3,5 k €	-32.3%	5,1 k €	-50.7%	10,4 k €
Operating result	1 k €	-98.1%	52,9 k €	-64.6%	149,5 k €	+2889%	5 k €	-75.5%	20,4 k €	-27.8%	28,2 k €	-2.3%	28,9 k €	+710%	-4,7 k €	-71.8%	-2,8 k €	-133%	8,5 k €	+20.5%	7 k €	+162%	2,7 k €	-38.2%	4,3 k €	-39.1%	7,1 k €
Net result	-3,7 k €	-114%	26,6 k €	-78.5%	123,5 k €	+5427%	-2,3 k €	-123%	10 k €	-46.7%	18,7 k €	-10.2%	20,8 k €	+231%	-15,9 k €	-12.1%	-14,2 k €	-1169%	1,3 k €	-69.3%	4,3 k €	+388%	884,3 €	-71.9%	3,1 k €	-32.9%	4,7 k €
Balance sheet
Equity	211,8 k €	-1.7%	215,5 k €	+14.1%	188,9 k €	+189%	65,4 k €	-3.4%	67,7 k €	-32.3%	100 k €	+23.0%	81,3 k €	+34.4%	60,5 k €	-20.8%	76,4 k €	+88.3%	40,6 k €	+3.4%	39,2 k €	+163%	14,9 k €	+6.3%	14 k €	+28.9%	10,9 k €
Total assets	588,3 k €	-5.6%	623,3 k €	+1.4%	614,8 k €	+26.6%	485,8 k €	-20.2%	609 k €	+48.2%	411 k €	+2.0%	402,9 k €	-12.9%	462,4 k €	-18.6%	568,2 k €	+77.0%	321 k €	-16.2%	382,9 k €	+67.1%	229,2 k €	+76.8%	129,6 k €	+500%	21,6 k €
Cash	67,7 k €	+26.2%	53,6 k €	-50.0%	107,3 k €	-8.3%	117,1 k €	-65.9%	343,2 k €	+241%	100,5 k €	+54.6%	65 k €	+28.8%	50,5 k €	-15.7%	59,9 k €	+41.0%	42,5 k €	-6.7%	45,5 k €	+1.8%	44,7 k €	+346%	10 k €	+56.3%	6,4 k €
Debts	376,5 k €	-7.7%	407,8 k €	-4.1%	425,2 k €	+1.9%	417,4 k €	-22.9%	541,3 k €	+74.0%	311,1 k €	-3.3%	321,6 k €	-20.0%	401,9 k €	-18.3%	491,7 k €	+80.2%	272,9 k €	-20.6%	343,7 k €	+60.4%	214,3 k €	+85.4%	115,6 k €	+979%	10,7 k €
Other
Workforce	4,8 ETP	+37.1%	3,5 ETP	-35.2%	5,4 ETP	-12.9%	6,2 ETP	-3.1%	6,4 ETP	+33.3%	4,8 ETP	-2.0%	4,9 ETP	-15.5%	5,8 ETP	-21.6%	7,4 ETP	+15.6%	6,4 ETP	+392%	1,3 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 31/12/2025 · 1 active · 4 ended

Active mandates

Benny Hoebregs

Director · since 15 septembre 2009

Active

Ended mandates

Benny Hoebregs

Manager · since 15 septembre 2009

Ended

Benny Hoebregs

Director

Ended

BENNY HOEBREGS

Manager

Ended

VIRIGNIE SMOLDERS

Manager

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	23/07/2026	23/07/2025	26/07/2024	17/07/2023	28/07/2022	06/07/2021
General meeting	30/06/2026	27/06/2025	28/06/2024	30/06/2023	30/06/2022	10/06/2021
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
Abridged model	31/12/2025	30/06/2026	23/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	17/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	06/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	18/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/04/2013	24/04/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	31/08/2011	Dutch	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 31/12/2025 · 1 active · 4 ended

Active mandates

Benny Hoebregs

Director · since 15 septembre 2009

Active

Ended mandates

Benny Hoebregs

Manager · since 15 septembre 2009

Ended

Benny Hoebregs

Director

Ended

BENNY HOEBREGS

Manager

Ended

VIRIGNIE SMOLDERS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office09/06/2023
MAATSCHAPPELIJKE ZETEL
PDF
Registered office09/05/2017
BENAMING - MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares23/01/2015
KAPITAAL - AANDELEN
PDF
Registered office10/09/2013
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other24/09/2009
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

2025
Annual accounts 2025-3,7 k €↓
2024
Annual accounts 202426,6 k €↓
2023
Annual accounts 2023123,5 k €↑
2022
Annual accounts 2022-2,3 k €↓
2021
Annual accounts 202110 k €↓
2018
Annual accounts 201818,7 k €↓
2017
Annual accounts 201720,8 k €↑
2016
Annual accounts 2016-15,9 k €↓
2016
Name changeCenthro
2015
Annual accounts 2015-14,2 k €↓
2014
Annual accounts 20141,3 k €↓
2013
Annual accounts 20134,3 k €↑
2012
Annual accounts 2012884,3 €↓
2011
Annual accounts 20113,1 k €↓
2010
Annual accounts 20104,7 k €
2010
Name changeHRSecured
27/08/2009
IncorporationPrivate company with limited liability

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

Centhro

Overview

What does Centhro do?

Trend over 14 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