ACTIVE

HK SERVICE

Financial year 2025 · closed on 31/12/2025
Net result
24,5 k €
+128.1% YoY
Gross margin
56 k €
+45.7% YoY
Equity
151,8 k €
+19.2% YoY

What does HK SERVICE do?

HK SERVICE is a Private limited company incorporated in 2010. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Zoersel.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0823.290.270
Incorporation
16/02/2010
Legal form
Private limited company
Registered office
Amazonelaan 3
2980 Zoersel · FlandreSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232023202220212020201920182017201620152014201320122011
Income statement
Gross margin56 k €38,5 k €86,1 k €35,9 k €24,5 k €29 k €17,8 k €24,7 k €34,9 k €12,9 k €25,6 k €6,4 k €5,1 k €3,8 k €45,1 k €23,2 k €
EBITDA54,7 k €36,7 k €84,1 k €34,7 k €22,8 k €27,6 k €15,4 k €23,5 k €33,5 k €11,3 k €22 k €5,4 k €3,7 k €2,2 k €44,1 k €22 k €
Operating result34,8 k €14,8 k €65,1 k €25,4 k €13,6 k €18,4 k €927,6 €12,3 k €21,8 k €-363,3 €10,4 k €157,6 €-2,6 k €-4,1 k €38,2 k €16,2 k €
Net result24,5 k €10,7 k €47,9 k €13,2 k €10,5 k €13,6 k €117,3 €8,9 k €13,6 k €-26,6 €6,8 k €1,1 k €764,9 €-1,8 k €28,8 k €12,2 k €
Balance sheet
Equity151,8 k €127,3 k €116,6 k €81,1 k €67,9 k €57,4 k €43,8 k €43,7 k €34,7 k €21,2 k €21,2 k €14,4 k €52,4 k €51,6 k €53,4 k €24,6 k €
Total assets161,4 k €140 k €139,2 k €120,8 k €132,2 k €114,7 k €85,7 k €85,9 k €87,5 k €64,9 k €74,5 k €69,1 k €80,4 k €87,9 k €102,9 k €58,6 k €
Cash58,9 k €40,4 k €48,9 k €75,4 k €95,1 k €67,4 k €45,9 k €60,3 k €39,1 k €18,1 k €9,6 k €32,6 k €19,2 k €25,9 k €63,5 k €24 k €
Debts9,6 k €12,7 k €22,6 k €39,8 k €64,4 k €57,3 k €41,9 k €42,2 k €52,7 k €43,8 k €53,3 k €52,4 k €28,1 k €36,2 k €49,6 k €34 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 · 1 ended

Active mandates

Koen Huyghe

Director

Active

Ended mandates

Koen Huyghe

Manager

Ended
Annual accounts

Full financial information

202520242023202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202402/01/202302/01/202202/01/202102/01/2020
Closing of the financial year31/12/202531/12/202431/12/202301/01/202301/01/202201/01/2021
Length of the financial year12 months12 months12 months13 months13 months13 months
Filing date08/07/202609/08/202528/06/202422/09/202331/08/202224/06/2021
General meeting20/06/202631/07/202515/06/202417/06/202318/06/202219/06/2021
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 model31/12/202520/06/202608/07/2026DutchPDF
Micro model31/12/202431/07/202509/08/2025DutchPDF
Micro model31/12/202315/06/202428/06/2024DutchPDF
Micro model01/01/202317/06/202322/09/2023DutchPDF
Micro model01/01/202218/06/202231/08/2022DutchPDF
Micro model01/01/202119/06/202124/06/2021DutchPDF
Micro model01/01/202020/06/202016/07/2020DutchPDF
Micro model01/01/201915/06/201931/07/2019DutchPDF
Micro model01/01/201816/06/201825/07/2018DutchPDF
Micro model01/01/201717/06/201721/09/2017DutchPDF
Abridged model01/01/201618/06/201611/07/2016DutchPDF
Abridged model01/01/201520/06/201513/08/2015DutchPDF
Abridged model01/01/201421/06/201429/08/2014DutchPDF
Abridged model01/01/201315/06/201323/09/2013DutchPDF
Abridged model01/01/201216/06/201230/08/2012DutchPDF
Abridged model01/01/201118/06/201118/07/2011DutchPDF
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 · 1 ended

Active mandates

Koen Huyghe

Director

Active

Ended mandates

Koen Huyghe

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - JAARREKENINGEN - DOEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Other03/03/2010
    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

Timeline

  1. 2025
    Annual accounts 202524,5 k €
  2. 2024
    Annual accounts 202410,7 k €
  3. 2023
    Annual accounts 202347,9 k €
  4. 2023
    Annual accounts 202313,2 k €
  5. 2022
    Annual accounts 202210,5 k €
  6. 2021
    Annual accounts 202113,6 k €
  7. 2020
    Annual accounts 2020117,3 €
  8. 2019
    Annual accounts 20198,9 k €
  9. 2018
    Annual accounts 201813,6 k €
  10. 2017
    Annual accounts 2017-26,6 €
  11. 2016
    Annual accounts 20166,8 k €
  12. 2015
    Annual accounts 20151,1 k €
  13. 2014
    Annual accounts 2014764,9 €
  14. 2013
    Annual accounts 2013-1,8 k €
  15. 2012
    Annual accounts 201228,8 k €
  16. 2011
    Annual accounts 201112,2 k €
  17. 16/02/2010
    IncorporationPrivate limited company