ACTIVE

HINCO

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Financial year 2025 · closed on 31/12/2025

Net result

102,4 k €

-53.4% YoY

Gross margin

206,9 k €

-45.9% YoY

Equity

2 M €

+5.5% YoY

What does HINCO do?

HINCO is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Diksmuide.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0829.754.430

Incorporation

30/09/2010

Legal form

Private limited company

Registered office

Kaaidijkstraat(LEK) 2
8600 Diksmuide · FlandreSee on map

Contributed capital

961 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 64200Activities of holding companies 64210Activities of holding companies 70100Activities of head offices 70100Activities of head offices+4

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		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	206,9 k €	-45.9%	382,2 k €	+105%	186,8 k €	-11.7%	211,7 k €	-5.8%	224,7 k €	+3.4%	217,4 k €	-31.9%	319 k €	+197%	107,2 k €	+344%	24,1 k €	-82.7%	139,6 k €	+46.8%	95,1 k €	+8.6%	87,6 k €	+202%	29 k €	-19.5%	36 k €	+467%	6,4 k €
EBITDA	206,1 k €	-46.0%	381,4 k €	+667%	49,7 k €	-75.2%	200,7 k €	-10.4%	224 k €	+3.7%	215,9 k €	-31.9%	317 k €	+199%	106,2 k €	+931%	10,3 k €	-92.5%	136,4 k €	+44.3%	94,5 k €	+8.7%	86,9 k €	+209%	28,2 k €	-21.5%	35,9 k €	+508%	5,9 k €
Operating result	200,4 k €	-47.1%	378,7 k €	+670%	49,2 k €	-75.4%	200,2 k €	-9.6%	221,5 k €	+4.3%	212,4 k €	-29.1%	299,7 k €	+229%	91 k €	+785%	-13,3 k €	-111%	118,9 k €	+39.9%	85 k €	+9.8%	77,4 k €	+316%	18,6 k €	-48.1%	35,9 k €	+508%	5,9 k €
Net result	102,4 k €	-53.4%	220 k €	+7993%	2,7 k €	-98.2%	150,7 k €	-8.4%	164,5 k €	+2.3%	160,9 k €	-23.3%	209,8 k €	+244%	61,1 k €	+531%	-14,2 k €	-118%	80,6 k €	+29.2%	62,4 k €	-5.8%	66,2 k €	+400%	13,2 k €	-50.5%	26,8 k €	+321%	6,4 k €
Balance sheet
Equity	2 M €	+5.5%	1,9 M €	+13.5%	1,6 M €	-44.6%	2,9 M €	+5.4%	2,8 M €	+6.2%	2,6 M €	+6.5%	2,5 M €	+9.3%	2,3 M €	+2.8%	2,2 M €	-0.6%	2,2 M €	+3.8%	2,1 M €	+3.0%	2,1 M €	+3.3%	2 M €	+0.7%	2 M €	+1.4%	2 M €
Total assets	2,7 M €	-10.8%	3 M €	+8.7%	2,8 M €	-6.7%	3 M €	+5.0%	2,9 M €	+2.1%	2,8 M €	-2.3%	2,9 M €	+7.3%	2,7 M €	+2.2%	2,6 M €	-1.3%	2,6 M €	+4.3%	2,5 M €	+1.4%	2,5 M €	+4.3%	2,4 M €	+0.1%	2,4 M €	+20.0%	2 M €
Cash	61,5 k €	-70.7%	210,1 k €	-44.0%	375,2 k €	-24.0%	493,9 k €	+35.4%	364,7 k €	+150%	146 k €	-39.8%	242,4 k €	+792%	27,2 k €	+798%	3 k €	-74.8%	12 k €	-44.5%	21,7 k €	+72.0%	12,6 k €	+54.9%	8,1 k €	+4.4%	7,8 k €	+34.4%	5,8 k €
Debts	758,6 k €	-36.2%	1,2 M €	+1.9%	1,2 M €	+2213%	50,4 k €	-14.0%	58,6 k €	-64.3%	164,2 k €	-57.9%	389,7 k €	-3.5%	403,7 k €	-1.0%	407,9 k €	-4.4%	426,8 k €	+6.9%	399,1 k €	-6.3%	426,1 k €	+9.5%	389,1 k €	-2.7%	400,1 k €	+1311%	28,4 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 · 2 active · 5 ended

Active mandates

Kathy Spruytte

Director

Active

Koen Hinderyckx

Director

Active

Ended mandates

Koen Hinderyckx

Director · since 30 septembre 2011

Ended

Koen Hinderyckx

Manager · since 30 septembre 2011

Ended

Kathy Spruytte

Director · since 22 février 2011

Ended

Kathy Spruytte

Manager · since 22 février 2011

Ended

At this address

Other companies at this address

Company	CBE no.
HINSAPHAE● Active	0500.601.459
KOEN HINDERYCKX● Active	0463.636.739
VARKOHIN● Active	0890.758.423

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	31/07/2026	25/07/2025	26/07/2024	20/07/2023	14/07/2022	20/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	22/06/2023	14/06/2022	21/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	25/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	22/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	14/07/2022	Dutch	PDF
Abridged model	31/12/2020	21/06/2021	20/07/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	16/07/2020	Dutch	PDF
Abridged model	31/12/2018	13/06/2019	11/07/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	13/07/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	09/07/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	24/07/2014	05/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	12/07/2012	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 · 2 active · 5 ended

Active mandates

Kathy Spruytte

Director

Active

Koen Hinderyckx

Director

Active

Ended mandates

Koen Hinderyckx

Director · since 30 septembre 2011

Ended

Koen Hinderyckx

Manager · since 30 septembre 2011

Ended

Kathy Spruytte

Director · since 22 février 2011

Ended

Kathy Spruytte

Manager · since 22 février 2011

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other11/10/2010
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

2025
Annual accounts 2025102,4 k €↓
2024
Annual accounts 2024220 k €↑
2023
Annual accounts 20232,7 k €↓
2022
Annual accounts 2022150,7 k €↓
2021
Annual accounts 2021164,5 k €↑
2020
Annual accounts 2020160,9 k €↓
2019
Annual accounts 2019209,8 k €↑
2018
Annual accounts 201861,1 k €↑
2017
Annual accounts 2017-14,2 k €↓
2016
Annual accounts 201680,6 k €↑
2015
Annual accounts 201562,4 k €↓
2014
Annual accounts 201466,2 k €↑
2013
Annual accounts 201313,2 k €↓
2012
Annual accounts 201226,8 k €↑
2011
Annual accounts 20116,4 k €
30/09/2010
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

HINCO

Overview

What does HINCO do?

Trend over 15 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