ACTIVE

HL GROUP

Financial year 2025 · Closed on 31/12/2025

Net result36,4 k €+49,0 %over 1 year

Gross margin65,2 k €+32,1 %over 1 year

Equity313,4 k €+13,1 %over 1 year

Identity

Source · BCE/KBO

HL GROUP is a Public limited company incorporated in 2009. Its main activity is: Real estate agencies. Its registered office is in Bruxelles.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0821.298.307
Incorporation: 10/12/2009
Legal form: Public limited company
Registered office: Avenue des Croix de Guerre 149 box 13
1120 Bruxelles · BruxellesSee on map
Contributed capital: 200 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68310Real estate agencies· main 68311Real estate agencies 81210General cleaning of buildings 81210General cleaning of buildings

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	65,2 k €	+32.1%	49,4 k €	+54.7%	31,9 k €	+2.1%	31,3 k €	-9.6%	34,6 k €
EBITDA	64,8 k €	+32.3%	49 k €	+55.3%	31,5 k €	+3.7%	30,4 k €	-10.7%	34,1 k €
Operating result	57,6 k €	+40.2%	41,1 k €	+71.3%	24 k €	-12.0%	27,3 k €	-16.0%	32,5 k €
Net result	36,4 k €	+49.0%	24,4 k €	+164%	9,2 k €	-32.3%	13,6 k €	-20.3%	17,1 k €
Balance sheet
Equity	313,4 k €	+13.1%	277,1 k €	+9.7%	252,7 k €	+3.8%	243,4 k €	+5.9%	229,8 k €
Total assets	539,5 k €	+6.8%	505,3 k €	+6.0%	476,6 k €	-14.6%	558,4 k €	-8.6%	610,8 k €
Cash	30,9 k €	-67.7%	95,7 k €	-50.0%	191,3 k €	-36.8%	302,5 k €	+4.5%	289,5 k €
Debts	216 k €	-1.0%	218,2 k €	+2.0%	213,9 k €	-30.8%	308,9 k €	-17.6%	375 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Henri Lescart	Managing directorsince 25/02/2014

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DAVID DE WEGHE	Director25/02/2014 → 26/06/2019
DAVID VAN DER ELST	Director04/12/2009 → 26/06/2019
HENRY LESCART	Managing director04/12/2009 → 2013 accounts

Other companies at this address

Avenue des Croix de Guerre 149 1120 Bruxelles

Company	CBE no.
ALION● Active	0757.573.166
ARTHEMIS● Active	0816.911.036
ATINV● Active	0725.424.792
BENJAMIN HVM● Active	0799.618.015
BMI ESTATE● Active	0725.424.693
Cercle Royal de natation de Schaerbeek et de Neder-Over-Heembeek● Active	0846.094.178
CHANTILLE● Active	0827.639.929
CHERPI FAMILY HOLDING● Active	0809.032.755
CHERPINOUS● Active	0436.804.559
FELICIEN HVM● Active	0799.618.312
GREY AREA● Active	1032.560.743
Hermés Association● Active	0465.043.536
LCPM● Active	0820.870.022
LES CHERPS● Active	0734.770.248
M25R● Active	0502.546.112
MARITA ESTATE● Active	0758.822.684
MINQUIERS● Active	0821.642.260
NICOLAS HVM● Active	0799.618.510
PDMRODA● Active	0757.568.812
ROBELGA● Active	0894.734.532

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Micro 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	12/06/2026	23/05/2025	30/08/2024	31/08/2023	30/09/2022	10/09/2021
General meeting	11/06/2026	22/05/2025	30/06/2024	30/06/2023	29/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	11/06/2026	12/06/2026	French	PDF
Micro model	31/12/2024	22/05/2025	23/05/2025	French	PDF
Micro model	31/12/2023	30/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	French	PDF
Micro model	31/12/2021	29/06/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	30/06/2021	10/09/2021	French	PDF
Micro model	31/12/2019	24/06/2020	26/06/2020	French	PDF
Abridged model	31/12/2018	26/06/2019	09/08/2019	French	PDF
Abridged model	31/12/2017	22/03/2018	23/03/2018	French	PDF
Micro model	31/12/2016	30/06/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	29/06/2016	15/07/2016	French	PDF
Abridged model	31/12/2014	11/05/2015	21/05/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	31/08/2014	French	PDF
Abridged model	31/12/2012	28/06/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	29/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	29/06/2011	31/08/2011	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Henri Lescart	Managing directorsince 25/02/2014

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DAVID DE WEGHE	Director25/02/2014 → 26/06/2019
DAVID VAN DER ELST	Director04/12/2009 → 26/06/2019
HENRY LESCART	Managing director04/12/2009 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares26/03/2014
EXTENSION DE L'OBJET SOCIAL — REDUCTION DE CAPITAL — SNSEIL !
PDF
Mandates16/02/2010
DEMISSIONS, NOMINATIONS
PDF
Other21/12/2009
CONSTITUTION - STATUTS - NOMINATION(S}
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

Henri Lescart

DAVID DE WEGHE

DAVID VAN DER ELST

HENRY LESCART

200920102011201220132014201520162017201820192020202120222023202420252026

HL GROUP

Avenue des Croix de Guerre 149 bte 13, 1120 Neder-Over-Heembeek

Managing director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue des Croix de Guerre 149 bte 13, 1120 Neder-Over-HeembeekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00161987

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HL GROUPCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00161987

Events

2025
Annual accounts 202536,4 k €↑
2024
Annual accounts 202424,4 k €↑
2023
Annual accounts 20239,2 k €↓
2022
Annual accounts 202213,6 k €↓
2021
Annual accounts 202117,1 k €↑
2020
Annual accounts 202013,9 k €↓
2019
Annual accounts 201924,6 k €↑
2018
Annual accounts 201815,4 k €↓
2017
Annual accounts 201727,2 k €↓
2016
Annual accounts 201633,7 k €↑
2015
Annual accounts 201529,9 k €↓
2014
Annual accounts 201439,5 k €↑
2013
Annual accounts 2013-53,6 k €↓
2012
Annual accounts 2012-24,7 k €↓
2011
Annual accounts 2011-23,6 k €↑
2010
Annual accounts 2010-69,6 k €
10/12/2009
IncorporationPublic limited company

HL GROUP

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events