ACTIVE

HEREAL

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Financial year 2025 · closed on 31/12/2025

Net result

-347,8 k €

-228.9% YoY

Gross margin

2,6 M €

+1.9% YoY

Equity

50,3 M €

-0.7% YoY

Workforce

41,0 ETP

+10.2% YoY

What does HEREAL do?

HEREAL is a Private limited company incorporated in 2010. Its main activity is: Activities of holding companies. Its registered office is in Zwevegem. It employs on average 41,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.326.118

Incorporation

20/12/2010

Legal form

Private limited company

Registered office

Blokkestraat(Z) 57
8550 Zwevegem · FlandreSee on map

Contributed capital

14 330 800,00 €

Latest accounts

31/12/2025

Average workforce

41,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70100Activities of head offices 70100Activities of head offices 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods

Joint committees (2)

Signals

Solid equityLow riskHealthy social debts

View the BCE/KBO Public Search record →

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	2,6 M €	+1.9%	2,5 M €	-18.0%	3,1 M €	+27.9%	2,4 M €	+44.0%	1,7 M €	+1094%	139,4 k €		–		–		–		–		–		–		–		–		–
EBITDA	-499,4 k €	-126%	-221,2 k €	-154%	407,3 k €	+15.7%	352 k €	-54.0%	765,9 k €	+453%	138,4 k €	+4.8%	132,1 k €	-1.8%	134,5 k €	-11.1%	151,2 k €	+3.3%	146,4 k €	-10.7%	163,9 k €	+6.4%	154 k €	-6.6%	164,9 k €	+26.5%	130,4 k €		–
Operating result	-499,4 k €	-126%	-221,2 k €	-154%	407,3 k €	+15.7%	352 k €	-54.0%	765,9 k €	+453%	138,4 k €	+4.8%	132,1 k €	-1.8%	134,5 k €	-11.1%	151,2 k €	+3.3%	146,4 k €	-10.7%	163,9 k €	+6.4%	154 k €	-6.6%	164,9 k €	+33.6%	123,4 k €		–
Net result	-347,8 k €	-229%	269,8 k €	+4.2%	259 k €	+30.2%	198,9 k €	-62.3%	528,3 k €	-54.3%	1,2 M €	-83.6%	7 M €	+702%	879 k €	-56.1%	2 M €	+134%	857 k €	-65.5%	2,5 M €	+2344%	101,6 k €	-6.9%	109,1 k €	+25.7%	86,8 k €		–
Balance sheet
Equity	50,3 M €	-0.7%	50,7 M €	+0.5%	50,4 M €	+0.5%	50,2 M €	+0.4%	50 M €	+1.6%	49,2 M €	+84.8%	26,6 M €	+36.1%	19,5 M €	+4.7%	18,7 M €	+12.0%	16,7 M €	+5.4%	15,8 M €	+18.6%	13,3 M €	+0.8%	13,2 M €	+0.8%	13,1 M €	+0.7%	13 M €
Total assets	76 M €	-3.2%	78,5 M €	-0.2%	78,7 M €	+10.7%	71 M €	+4.8%	67,8 M €	+19.1%	56,9 M €	+70.1%	33,5 M €	+8.2%	30,9 M €	+3.6%	29,8 M €	+3.1%	28,9 M €	+6.0%	27,3 M €	+69.1%	16,1 M €	+3.9%	15,5 M €	+6.4%	14,6 M €	+12.0%	13 M €
Cash	2,3 M €	-9.8%	2,5 M €	-2.6%	2,6 M €	-15.5%	3,1 M €	-35.7%	4,8 M €	+2507%	183,8 k €	+19.2%	154,2 k €	-49.0%	302,7 k €	+107%	146,3 k €	+51.5%	96,5 k €	+7.1%	90,1 k €	-78.3%	415 k €	+520%	67 k €	-66.8%	201,8 k €		–
Debts	25,6 M €	-7.8%	27,8 M €	-1.6%	28,2 M €	+35.2%	20,9 M €	+17.0%	17,8 M €	+130%	7,8 M €	+13.1%	6,9 M €	-39.7%	11,4 M €	+1.7%	11,2 M €	-8.9%	12,3 M €	+6.8%	11,5 M €	+308%	2,8 M €	+21.9%	2,3 M €	+55.3%	1,5 M €	+21216%	7 k €
Other
Workforce	41,0 ETP	+10.2%	37,2 ETP	+4.2%	35,7 ETP	+24.8%	28,6 ETP	+127%	12,6 ETP		–		–		–		–		–		0,4 ETP	-80.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Greet Huysentruyt

Director · since 03 juin 2023 · until 05 juin 2027

Active

Stephan Lesage

Director · since 03 juin 2023 · until 05 juin 2027

Active

Ended mandates

Greet Huysentruyt

Director · since 24 décembre 2019 · until 04 juin 2028

Ended

Stephan Lesage

Director · since 24 décembre 2019 · until 04 juin 2028

Ended

Greet Huysentruyt

Director · since 04 juin 2016 · until 04 juin 2022

Ended

Stephan Lesage

Director · since 04 juin 2016 · until 04 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
DISTRILED CENTRE● Active	0819.107.689
DISTRILED HUY● Active	0634.996.048
DISTRILED LIÈGE● Active	0461.248.658
Distriled Marche● Active	0632.800.086
DISTRILED SUD● Active	0740.484.241
DISTRILED TOURNAI● Active	0819.105.810
DISTRILOGISTIQUE● Active	0833.112.610
ECODEL● Active	0402.490.216
Groep Distriled● Active	0679.878.146
IMMO LESAGE-HUYSENTRUYT● Active	0472.617.850
LESAGE - HUYSENTRUYT● Active	0456.814.570
MARCINELLE IMMO● Active	0455.721.044
TOP TRADING● Active	0469.327.075

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	m120-f-p
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	08/07/2026	20/06/2025	03/07/2024	16/06/2023	20/07/2022	30/11/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	17/06/2022	01/01/9999
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

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	08/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	20/06/2025	Dutch	PDF
m120-f-p	31/12/2024	10/09/2025	03/10/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	03/07/2024	Dutch	PDF
m120-f-p	31/12/2023	12/08/2024	18/09/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	16/06/2023	Dutch	PDF
m120-f-p	31/12/2022	29/09/2023	22/11/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	20/07/2022	Dutch	PDF
m120-f-p	31/12/2021	16/09/2022	09/11/2022	Dutch	PDF
Abridged model	31/12/2020	30/07/2021	31/08/2021	Dutch	PDF
m120-f-p	31/12/2020	01/01/9999	30/11/2021	Dutch	PDF
Abridged model	31/12/2019	30/07/2020	02/09/2020	Dutch	PDF
m120-f-p	31/12/2019	30/07/2020	02/10/2020	Dutch	PDF
Full model	31/12/2018	01/06/2019	01/07/2019	Dutch	PDF
m120-f-p	31/12/2018	01/06/2019	10/07/2019	Dutch	PDF
Full model	31/12/2017	02/06/2018	17/07/2018	Dutch	PDF
m120-f-p	31/12/2017	02/06/2018	27/08/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	04/07/2017	Dutch	PDF
m120-f-p	31/12/2016	16/06/2017	04/07/2017	Dutch	PDF
Full model	31/12/2015	04/06/2016	22/07/2016	Dutch	PDF
m120-f-p	31/12/2015	04/06/2016	22/07/2016	Dutch	PDF
Full model	31/12/2014	06/06/2015	17/07/2015	Dutch	PDF
m120-f-p	31/12/2014	06/06/2015	17/07/2015	Dutch	PDF
Full model	31/12/2013	07/06/2014	26/08/2014	Dutch	PDF

View all 27 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 10 ended

Active mandates

Greet Huysentruyt

Director · since 03 juin 2023 · until 05 juin 2027

Active

Stephan Lesage

Director · since 03 juin 2023 · until 05 juin 2027

Active

Ended mandates

Greet Huysentruyt

Director · since 24 décembre 2019 · until 04 juin 2028

Ended

Stephan Lesage

Director · since 24 décembre 2019 · until 04 juin 2028

Ended

Greet Huysentruyt

Director · since 04 juin 2016 · until 04 juin 2022

Ended

Stephan Lesage

Director · since 04 juin 2016 · until 04 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/04/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other10/01/2011
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 2025-347,8 k €↓
2024
Annual accounts 2024269,8 k €↑
2023
Annual accounts 2023259 k €↑
03/06/2023
reconductionStephan Lesage — bestuurder
03/06/2023
reconductionGreet Huysentruyt — bestuurder
03/06/2023
reconductionCVBA 'Vandelanotte Bedrijfsrevisoren' — commissaris
2022
Annual accounts 2022198,9 k €↓
2021
Annual accounts 2021528,3 k €↓
2019
Annual accounts 20191,2 M €↓
2018
Annual accounts 20187 M €↑
2017
Annual accounts 2017879 k €↓
2016
Annual accounts 20162 M €↑
2015
Annual accounts 2015857 k €↓
2014
Annual accounts 20142,5 M €↑
2013
Annual accounts 2013101,6 k €↓
2012
Annual accounts 2012109,1 k €↑
2011
Annual accounts 201186,8 k €
2010
Annual accounts 2010
20/12/2010
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

HEREAL

Overview

What does HEREAL 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