ACTIVE

L'HOURGNETTE

Financial year 2025 · Closed on 31/12/2025

Net result616,8 k €+6,4 %over 1 year

Revenue6,6 M €+4,4 %over 1 year

Equity3 M €+4,1 %over 1 year

Identity

Source · BCE/KBO

L'HOURGNETTE is a Public limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Auderghem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0835.960.054
Incorporation: 03/05/2011
Legal form: Public limited company
Registered office: Avenue Gustave Demey 66
1160 Auderghem · BruxellesSee on map
Contributed capital: 2 435 750,00 €
Latest accounts: 31/12/2025

Activities (NACE)

41003Construction of buildings· main 41203Construction of residential and non-residential buildings

Signals

ProfitableLow riskGood liquidityPositive cashflowHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	6,6 M €	+4.4%	6,3 M €	+5.4%	6 M €	+5.7%	5,7 M €	+12.8%	5 M €
EBITDA	-66,6 k €	+18.6%	-81,8 k €	+8.4%	-89,3 k €	-168%	131,1 k €	+326%	-58,1 k €
Operating result	-66,6 k €	+18.6%	-81,8 k €	+8.4%	-89,3 k €	-168%	131,1 k €	+326%	-58,1 k €
Net result	616,8 k €	+6.4%	579,7 k €	-1.8%	590,5 k €	-19.9%	737,5 k €	+24.8%	591,1 k €
Balance sheet
Equity	3 M €	+4.1%	2,9 M €	+1.5%	2,8 M €	+5.8%	2,7 M €	+1.4%	2,6 M €
Total assets	58,3 M €	-4.4%	61 M €	-3.9%	63,5 M €	-4.4%	66,4 M €	-3.7%	68,9 M €
Cash	2,8 M €	-5.2%	3 M €	-2.5%	3,1 M €	-8.5%	3,3 M €	-3.4%	3,5 M €
Debts	55,3 M €	-4.8%	58,1 M €	-4.2%	60,6 M €	-4.8%	63,7 M €	-3.9%	66,3 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TINC0894.555.972Represented by Hanne AKKERMANS	Director05/12/2016 → 29/05/2029
EIFFAGE SARepresented by Fabienne MARHEM	Director13/10/2011 → 29/05/2029
Karoy HORNYAK	Président - Administrateur Délégué28/10/2021 → 25/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie DOBBELAERE	Mandate30/05/2017 → 2020 accountsDirector05/09/2011 → 2015 accounts
EIFFAGERepresented by Olivier LOISSON de GUINAUMONT	Director13/10/2011 → 2014 accounts

Other companies at this address

Avenue Gustave Demey 66 1160 Auderghem

Company	CBE no.
CECOM CENTRE● Active	0446.320.061
EIFFAGE CONCESSIONS BENELUX● Active	0716.718.746
EIFFAGE CONSTRUCTION BeLux● Active	0419.489.366
EIFFAGE REAL ESTATE BELGIUM● Active	0418.472.450
F-IMMO● Active	0402.074.601
Groupement Conjoint Non Solidaire DB IPES WAVRE● Active	1003.151.927
LAND INVESTMENT VEHICLE● Active	0792.292.535
L’Eclaircie● Active	1029.629.858
PICADILLY 500● Active	0472.234.206
SABLON 600● Active	0472.236.976
SINTRA-VALENS● Active	0809.919.019
SM CDA2/CFE-VALENS-WILLEMEN● Active	0652.716.562
SM VALBESINA● Active	0750.544.230
SM Valens-Duchene-IPES● Active	1001.184.015
SOCIETE MOM. : " DES SOCIETES EIFFAGE BENELUX ET EIFFAGE CONSTRUCTION"● Active	0671.604.937
SOCIETE MOMENTANEE SM MDP EIFFAGE-BESIX● Active	0676.420.095
Société Momentanée VALENS - AB-EIFFAGE DE VINCI● Active	1025.276.439
Société momentanée VALENS - AB-EIFFAGE - EQUANS● Active	1025.435.104
Société Momentanée Valens - Duchene Ottignies● Active	1022.913.005
Société Momentanée Valens - Duchene - TMI Ottignies● Active	1022.914.587

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	16/06/2026	17/06/2025	05/06/2024	07/06/2023	21/06/2022	11/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	30/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	16/06/2026	French	PDF
Full model	31/12/2024	27/05/2025	17/06/2025	French	PDF
Full model	31/12/2023	28/05/2024	05/06/2024	French	PDF
Full model	31/12/2022	30/05/2023	07/06/2023	French	PDF
Full model	31/12/2021	31/05/2022	21/06/2022	French	PDF
Full model	31/12/2020	30/04/2021	11/05/2021	French	PDF
Full model	31/12/2019	30/04/2020	08/05/2020	French	PDF
Full model	31/12/2018	30/04/2019	28/05/2019	French	PDF
Full model	31/12/2017	25/04/2018	29/05/2018	French	PDF
Full model	31/12/2016	30/05/2017	30/06/2017	French	PDF
Full model	31/12/2015	02/05/2016	19/05/2016	French	PDF
Full model	31/12/2014	30/04/2015	22/05/2015	French	PDF
Full model	31/12/2013	19/06/2014	07/07/2014	French	PDF
Full model	31/12/2012	30/04/2013	30/05/2013	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TINC0894.555.972Represented by Hanne AKKERMANS	Director05/12/2016 → 29/05/2029
EIFFAGE SARepresented by Fabienne MARHEM	Director13/10/2011 → 29/05/2029
Karoy HORNYAK	Président - Administrateur Délégué28/10/2021 → 25/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Stéphanie DOBBELAERE	Mandate30/05/2017 → 2020 accountsDirector05/09/2011 → 2015 accounts
EIFFAGERepresented by Olivier LOISSON de GUINAUMONT	Director13/10/2011 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office05/03/2026
SIEGE SOCIAL
PDF
Mandates16/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates10/08/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates26/09/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates08/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates04/06/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

TINC

EIFFAGE SA

Karoy HORNYAK

Stéphanie DOBBELAERE

EIFFAGE

Yves BOURDEAU

Manuel VANDENBULCKE

2011201220132014201520162017201820192020202120222023202420252026202720282029

L'HOURGNETTE

Avenue Gustave Demey 66, 1160 AuderghemAvenue Brugmann 27A, 1060 Saint-Gilles

Director

Président - Administrateur Délégué

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Gustave Demey 66, 1160 AuderghemCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00190403
Avenue Brugmann 27A, 1060 Saint-Gilles	accounts 2021 → 2023	Accounts 2023 · 2024-00125624

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
L'HOURGNETTECurrent	accounts 2012 → 2025	Accounts 2025 · 2026-00190403

Events

2025
Annual accounts 2025616,8 k €↑
2024
Annual accounts 2024579,7 k €↓
28/05/2024
reconductionBDO REVISEURS D'ENTREPRISES SCRL · Commissaire
2023
Annual accounts 2023590,5 k €↓
28/11/2023
nominationHanne AKKERMANS · représentant permanent d'un Administrateur
01/09/2023
nominationSébastien JASPAR · représentant permanent du commissaire
17/06/2023
nominationFabienne MARHEM · représentant permanent
30/05/2023
reconductionTINC NV · administrateur
30/05/2023
reconductionEIFFAGE SA · administrateur
2022
Annual accounts 2022737,5 k €↑
20/07/2022
nominationMarc-André GENNART · représentant permanent d'un administrateur
2021
Annual accounts 2021591,1 k €↑
2020
Annual accounts 2020578 k €↑
2019
Annual accounts 2019520,7 k €↑
2018
Annual accounts 2018430,6 k €↓
2017
Annual accounts 2017440,2 k €↑
2016
Annual accounts 2016410 k €↑
2015
Annual accounts 2015339,4 k €↑
2014
Annual accounts 2014317,3 k €↓
2013
Annual accounts 2013423,2 k €
2012
Annual accounts 2012
03/05/2011
IncorporationPublic limited company

L'HOURGNETTE

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events