ACTIVE

HARVENGT DEVELOPMENT & SERVICES

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Financial year 2025 · closed on 31/12/2025

Net result

202,1 k €

+28.1% YoY

Gross margin

284,5 k €

+11.7% YoY

Equity

438,4 k €

-44.9% YoY

What does HARVENGT DEVELOPMENT & SERVICES do?

HARVENGT DEVELOPMENT & SERVICES is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Fernelmont.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0820.439.064

Incorporation

10/11/2009

Legal form

Private limited company

Registered office

Rue des Fontaines, Nov. 15
5380 Fernelmont · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	284,5 k €	+11.7%	254,7 k €	+13.1%	225,3 k €	+17.7%	191,3 k €	-14.6%	223,9 k €	+185%	78,7 k €	-10.9%	88,3 k €	-11.3%	99,6 k €	+662%	-17,7 k €	-222%	14,5 k €	-17.6%	17,6 k €	-71.0%	60,7 k €	+12.5%	54 k €	-11.3%	60,9 k €	-24.0%	80 k €
EBITDA	283,3 k €	+11.7%	253,7 k €	+13.2%	224 k €	+19.0%	188,3 k €	-15.5%	222,8 k €	+187%	77,7 k €	-10.5%	86,7 k €	-10.6%	97 k €	+308%	23,8 k €	+76.4%	13,5 k €	-20.2%	16,9 k €	-69.3%	55 k €	+5.6%	52,1 k €	+47.0%	35,4 k €	-39.3%	58,4 k €
Operating result	265,2 k €	+15.5%	229,7 k €	+15.5%	198,7 k €	+21.3%	163,9 k €	-21.0%	207,5 k €	+263%	57,1 k €	-21.5%	72,7 k €	-23.6%	95,2 k €	+371%	20,2 k €	+83.0%	11 k €	+139%	4,6 k €	-89.1%	42,4 k €	+2.8%	41,3 k €	+71.8%	24 k €	-52.6%	50,7 k €
Net result	202,1 k €	+28.1%	157,7 k €	+15.8%	136,1 k €	+15.9%	117,4 k €	-16.3%	140,4 k €	+250%	40,1 k €	-19.0%	49,5 k €	-12.9%	56,8 k €	+303%	14,1 k €	+134%	6 k €	+5880%	101 €	-99.6%	26,4 k €	-10.2%	29,4 k €	+67.0%	17,6 k €	-57.0%	40,9 k €
Balance sheet
Equity	438,4 k €	-44.9%	796,4 k €	+24.7%	638,7 k €	+7.8%	592,6 k €	+24.7%	475,1 k €	+86.2%	255,1 k €	+18.6%	215,1 k €	+29.9%	165,5 k €	+52.3%	108,7 k €	+14.9%	94,6 k €	+6.8%	88,5 k €	+0.1%	88,4 k €	+42.5%	62,1 k €	+60.4%	38,7 k €	+42.7%	27,1 k €
Total assets	1,1 M €	+24.7%	868,7 k €	+10.5%	786,2 k €	+8.0%	728 k €	+23.6%	589,1 k €	+78.3%	330,3 k €	-12.6%	378 k €	+10.9%	340,9 k €	+65.8%	205,6 k €	-12.1%	234 k €	+5.1%	222,7 k €	+21.0%	184 k €	-0.1%	184,1 k €	+22.8%	150 k €	+56.9%	95,6 k €
Cash	922,2 k €	+20.2%	767 k €	+4.0%	737,4 k €	+16.2%	634,8 k €	+26.8%	500,7 k €	+102%	247,6 k €	-20.4%	311 k €	+21.8%	255,3 k €	+71.0%	149,3 k €	-29.4%	211,4 k €	+20.5%	175,5 k €	+63.4%	107,4 k €	-17.3%	129,9 k €	+40.6%	92,4 k €	+68.7%	54,8 k €
Debts	644,5 k €	+794%	72,1 k €	-51.1%	147,3 k €	+8.9%	135,2 k €	+18.8%	113,8 k €	+51.7%	75 k €	-53.9%	162,7 k €	-7.1%	175,1 k €	+80.7%	96,9 k €	+9.8%	88,2 k €	-4.4%	92,3 k €	+72.3%	53,6 k €	-31.0%	77,7 k €	+16.1%	66,9 k €	+38.5%	48,3 k €

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 · 2 ended

Active mandates

Cédric Harvengt

Director · since 10 novembre 2009

Active

Ended mandates

Cédric HARVENGT

Director

Ended

Cédric HARVENGT

Manager

Ended

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	23/06/2026	03/07/2025	24/06/2024	19/07/2023	13/06/2022	01/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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	05/06/2026	23/06/2026	French	PDF
Micro model	31/12/2024	06/06/2025	03/07/2025	French	PDF
Micro model	31/12/2023	07/06/2024	24/06/2024	French	PDF
Micro model	31/12/2022	02/06/2023	19/07/2023	French	PDF
Micro model	31/12/2021	03/06/2022	13/06/2022	French	PDF
Micro model	31/12/2020	04/06/2021	01/07/2021	French	PDF
Micro model	31/12/2019	05/06/2020	16/07/2020	French	PDF
Micro model	31/12/2018	07/06/2019	21/08/2019	French	PDF
Micro model	31/12/2017	01/06/2018	10/08/2018	French	PDF
Micro model	31/12/2016	02/06/2017	10/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	03/08/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	30/07/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	21/06/2012	French	PDF
Abridged model	31/12/2010	24/06/2011	11/07/2011	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 31/12/2025 · 1 active · 2 ended

Active mandates

Cédric Harvengt

Director · since 10 novembre 2009

Active

Ended mandates

Cédric HARVENGT

Director

Ended

Cédric HARVENGT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/08/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Other20/11/2009
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 2025202,1 k €↑
2024
Annual accounts 2024157,7 k €↑
2023
Annual accounts 2023136,1 k €↑
2022
Annual accounts 2022117,4 k €↓
2021
Annual accounts 2021140,4 k €↑
2019
Annual accounts 201940,1 k €↓
2018
Annual accounts 201849,5 k €↓
2017
Annual accounts 201756,8 k €↑
2016
Annual accounts 201614,1 k €↑
2015
Annual accounts 20156 k €↑
2014
Annual accounts 2014101 €↓
2013
Annual accounts 201326,4 k €↓
2012
Annual accounts 201229,4 k €↑
2011
Annual accounts 201117,6 k €↓
2010
Annual accounts 201040,9 k €
10/11/2009
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

HARVENGT DEVELOPMENT & SERVICES

Overview

What does HARVENGT DEVELOPMENT & SERVICES do?

Trend over 15 financial years

Indicative valuation

Board of directors

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