ACTIVE

HOVECO MANAGEMENT

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Financial year 2025 · closed on 30/09/2025

Net result

201,5 k €

+0.2% YoY

Gross margin

1,1 M €

+37.4% YoY

Equity

19,3 M €

+19.9% YoY

Workforce

0,0 ETP

What does HOVECO MANAGEMENT do?

HOVECO MANAGEMENT is a Private limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Moorslede.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.583.167

Incorporation

07/01/2011

Legal form

Private limited company

Registered office

Talpensdreef 2
8890 Moorslede · FlandreSee on map

Contributed capital

18 202 628,76 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	1,1 M €	+37.4%	773,5 k €	+16.0%	666,7 k €	-6.9%	715,8 k €	+18.1%	606 k €	+304%	149,9 k €	+86.4%	80,4 k €	+26.2%	63,7 k €	+239%	18,8 k €	-85.0%	125 k €	+15.1%	108,6 k €	-39.8%	180,5 k €
EBITDA	1 M €	+33.2%	766,2 k €	+15.0%	666 k €	-6.8%	714,9 k €	+18.1%	605,1 k €	+306%	148,9 k €	+87.5%	79,4 k €	+28.8%	61,7 k €	+236%	18,4 k €	-85.3%	124,6 k €	+14.9%	108,4 k €	-39.9%	180,5 k €
Operating result	961,8 k €	+30.5%	737 k €	+11.5%	661,2 k €	-6.9%	710 k €	+18.2%	600,8 k €	+345%	135,2 k €	+108%	65 k €	+38.3%	47 k €	+228%	14,3 k €	-88.2%	121,9 k €	+15.0%	106 k €	-38.4%	172,1 k €
Net result	201,5 k €	+0.2%	201,1 k €	+384%	41,5 k €	-66.4%	123,7 k €	-0.2%	123,9 k €	+16.9%	106 k €	+104%	52 k €	+704%	6,5 k €	+193%	-6,9 k €	-106%	108,3 k €	+12.9%	95,9 k €	-32.9%	142,9 k €
Balance sheet
Equity	19,3 M €	+19.9%	16,1 M €	+1.3%	15,9 M €	+0.3%	15,8 M €	+0.8%	15,7 M €	+6210%	248,7 k €	+11.7%	222,7 k €	+30.2%	171,1 k €	+3.9%	164,6 k €	-4.0%	171,5 k €	+39.1%	123,3 k €	+44.4%	85,3 k €
Total assets	36,5 M €	+1.6%	35,9 M €	+1.4%	35,4 M €	-0.1%	35,4 M €	+0.4%	35,3 M €	+5786%	599,7 k €	+25.4%	478,3 k €	+37.9%	347 k €	+12.1%	309,6 k €	-16.3%	370,1 k €	+33.0%	278,3 k €	+35.1%	205,9 k €
Cash	52,9 k €	-45.7%	97,3 k €	-75.8%	401,5 k €	-4.8%	421,8 k €	+95.9%	215,3 k €	-60.3%	542,3 k €	+33.2%	407 k €	+71.9%	236,8 k €	-6.4%	252,9 k €	-19.2%	313,1 k €	+32.0%	237,3 k €	+46.9%	161,6 k €
Debts	17,2 M €	-13.2%	19,8 M €	+1.5%	19,6 M €	-0.3%	19,6 M €	+0.0%	19,6 M €	+5485%	351 k €	+37.3%	255,6 k €	+45.3%	175,9 k €	+21.3%	145 k €	-27.0%	198,5 k €	+28.1%	155 k €	+28.6%	120,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Veronique Hoflack

Director

Active

Ended mandates

VELDBLOMME

Manager · since 01 septembre 2012 · 0455.288.504

Represented by Jacques Hoflack

Ended

Veronique Hoflack

Manager · since 28 décembre 2010

Ended

VELDBLOMME

Director · until 31 janvier 2020 · 0455.288.504

Represented by Jacques Hoflack

Ended

VELDBLOMME

Manager · 0455.288.504

Represented by Jacques Hoflack

Ended

At this address

Other companies at this address

Company	CBE no.
DESCAMPS LUC & CO● Active	0479.800.897
PROVECO● Active	1014.911.493

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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	30/04/2024	27/04/2023	28/04/2022	28/04/2021
General meeting	31/03/2026	31/03/2025	31/03/2024	29/03/2023	28/03/2022	26/03/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	31/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	31/03/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	29/03/2023	27/04/2023	Dutch	PDF
Abridged model	30/09/2021	28/03/2022	28/04/2022	Dutch	PDF
Abridged model	30/09/2020	26/03/2021	28/04/2021	Dutch	PDF
Micro model	30/09/2019	31/01/2020	21/02/2020	Dutch	PDF
Micro model	30/09/2018	15/02/2019	01/03/2019	Dutch	PDF
Micro model	30/09/2017	19/12/2017	28/02/2018	Dutch	PDF
Abridged model	30/09/2016	31/01/2017	31/03/2017	Dutch	PDF
Abridged model	30/09/2015	31/01/2016	29/02/2016	Dutch	PDF
Abridged model	30/09/2014	16/03/2015	29/04/2015	Dutch	PDF
Abridged model	30/09/2013	31/01/2014	24/03/2014	Dutch	PDF
Abridged model	30/09/2012	31/01/2013	30/04/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025 · 1 active · 5 ended

Active mandates

Veronique Hoflack

Director

Active

Ended mandates

VELDBLOMME

Manager · since 01 septembre 2012 · 0455.288.504

Represented by Jacques Hoflack

Ended

Veronique Hoflack

Manager · since 28 décembre 2010

Ended

VELDBLOMME

Director · until 31 janvier 2020 · 0455.288.504

Represented by Jacques Hoflack

Ended

VELDBLOMME

Manager · 0455.288.504

Represented by Jacques Hoflack

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other27/06/2025
DIVERSEN
PDF
Mandates25/08/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other18/01/2011
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 2025201,5 k €↑
2024
Annual accounts 2024201,1 k €↑
2023
Annual accounts 202341,5 k €↓
2022
Annual accounts 2022123,7 k €↓
2021
Annual accounts 2021123,9 k €↑
2018
Annual accounts 2018106 k €↑
2017
Annual accounts 201752 k €↑
2016
Annual accounts 20166,5 k €↑
2015
Annual accounts 2015-6,9 k €↓
2014
Annual accounts 2014108,3 k €↑
2013
Annual accounts 201395,9 k €↓
2012
Annual accounts 2012142,9 k €
07/01/2011
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

HOVECO MANAGEMENT

Overview

What does HOVECO MANAGEMENT do?

Trend over 12 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