ACTIVE

HL GROUP

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Financial year 2025 · closed on 31/12/2025
Net result
36,4 k €
+49.0% YoY
Gross margin
65,2 k €
+32.1% YoY
Equity
313,4 k €
+13.1% YoY

What does HL GROUP do?

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· main68311Real estate agencies81210General cleaning of buildings81210General cleaning of buildings
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin65,2 k €49,4 k €31,9 k €31,3 k €34,6 k €35,4 k €50,4 k €48,3 k €59,6 k €50,1 k €36,2 k €19,9 k €-32 k €15,8 k €-14,5 k €-30,7 k €
EBITDA64,8 k €49 k €31,5 k €30,4 k €34,1 k €32,1 k €46,8 k €47,5 k €59,3 k €49,7 k €35,7 k €18,4 k €-33,9 k €13,4 k €-15,6 k €-33,8 k €
Operating result57,6 k €41,1 k €24 k €27,3 k €32,5 k €26,1 k €40,1 k €24,5 k €51,9 k €47 k €30,3 k €11,7 k €-48,5 k €18,3 k €-24,6 k €-70,3 k €
Net result36,4 k €24,4 k €9,2 k €13,6 k €17,1 k €13,9 k €24,6 k €15,4 k €27,2 k €33,7 k €29,9 k €39,5 k €-53,6 k €-24,7 k €-23,6 k €-69,6 k €
Balance sheet
Equity313,4 k €277,1 k €252,7 k €243,4 k €229,8 k €212,7 k €198,8 k €174,2 k €158,8 k €131,6 k €97,9 k €68 k €228,5 k €282 k €306,7 k €330,4 k €
Total assets539,5 k €505,3 k €476,6 k €558,4 k €610,8 k €782,2 k €810,7 k €771,8 k €776,8 k €377,6 k €302,2 k €317,7 k €336,7 k €542 k €754,9 k €538,4 k €
Cash30,9 k €95,7 k €191,3 k €302,5 k €289,5 k €596,5 k €617,6 k €579,4 k €153 k €9 k €11,6 k €41,5 k €3,8 k €11,5 k €87,2 k €84,8 k €
Debts216 k €218,2 k €213,9 k €308,9 k €375 k €563,8 k €606,8 k €593,1 k €617,9 k €246,1 k €204,3 k €249,7 k €107,8 k €258,6 k €448,2 k €208,1 k €
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 · 6 ended

Active mandates

Henri Lescart

Managing director

Active

Ended mandates

DAVID DE WEGHE

Director · since 25 février 2014 · until 26 juin 2019

Ended
DAVID VAN DER ELST

Director · since 25 février 2014 · until 26 juin 2019

Ended
Henri Lescart

Managing director · since 25 février 2014 · until 26 juin 2019

Ended
DAVID VAN DER ELST

Director · since 04 décembre 2009 · until 30 juin 2015

Ended
At this address

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CHANTILLE● Active
0827.639.929
CHERPI FAMILY HOLDING● Active
0809.032.755
FELICIEN HVM● Active
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GREY AREA● Active
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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
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NICOLAS HVM● Active
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PDMRODA● Active
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RTLC● Active
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelMicro modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/06/202623/05/202530/08/202431/08/202330/09/202210/09/2021
General meeting11/06/202622/05/202530/06/202430/06/202329/06/202230/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/06/202612/06/2026FrenchPDF
Micro model31/12/202422/05/202523/05/2025FrenchPDF
Micro model31/12/202330/06/202430/08/2024FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Micro model31/12/202129/06/202230/09/2022FrenchPDF
Abridged model31/12/202030/06/202110/09/2021FrenchPDF
Micro model31/12/201924/06/202026/06/2020FrenchPDF
Abridged model31/12/201826/06/201909/08/2019FrenchPDF
Abridged model31/12/201722/03/201823/03/2018FrenchPDF
Micro model31/12/201630/06/201728/07/2017FrenchPDF
Abridged model31/12/201529/06/201615/07/2016FrenchPDF
Abridged model31/12/201411/05/201521/05/2015FrenchPDF
Abridged model31/12/201330/06/201431/08/2014FrenchPDF
Abridged model31/12/201228/06/201322/08/2013FrenchPDF
Abridged model31/12/201129/06/201231/08/2012FrenchPDF
Abridged model31/12/201029/06/201131/08/2011FrenchPDF
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 · 6 ended

Active mandates

Henri Lescart

Managing director

Active

Ended mandates

DAVID DE WEGHE

Director · since 25 février 2014 · until 26 juin 2019

Ended
DAVID VAN DER ELST

Director · since 25 février 2014 · until 26 juin 2019

Ended
Henri Lescart

Managing director · since 25 février 2014 · until 26 juin 2019

Ended
DAVID VAN DER ELST

Director · since 04 décembre 2009 · until 30 juin 2015

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/03/2014
    OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/02/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Other21/12/2009
    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

Timeline

  1. 2025
    Annual accounts 202536,4 k €↑
  2. 2024
    Annual accounts 202424,4 k €↑
  3. 2023
    Annual accounts 20239,2 k €↓
  4. 2022
    Annual accounts 202213,6 k €↓
  5. 2021
    Annual accounts 202117,1 k €↑
  6. 2020
    Annual accounts 202013,9 k €↓
  7. 2019
    Annual accounts 201924,6 k €↑
  8. 2018
    Annual accounts 201815,4 k €↓
  9. 2017
    Annual accounts 201727,2 k €↓
  10. 2016
    Annual accounts 201633,7 k €↑
  11. 2015
    Annual accounts 201529,9 k €↓
  12. 2014
    Annual accounts 201439,5 k €↑
  13. 2013
    Annual accounts 2013-53,6 k €↓
  14. 2012
    Annual accounts 2012-24,7 k €↓
  15. 2011
    Annual accounts 2011-23,6 k €↑
  16. 2010
    Annual accounts 2010-69,6 k €
  17. 10/12/2009
    IncorporationPublic limited company