ACTIVE

Harmony Clinical Research

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Financial year 2025 · Closed on 31/12/2025

Net result98,4 k €-70,6 %over 1 year
Gross margin2,1 M €+10,5 %over 1 year
Equity1,3 M €+3,3 %over 1 year

Identity

Source · BCE/KBO

Harmony Clinical Research is a Private limited company incorporated in 2012. Its main activity is: Other professional, scientific and technical activities n.e.c.. Its registered office is in Merelbeke-Melle.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0842.518.145
Incorporation
03/01/2012
Legal form
Private limited company
Registered office
Brusselsesteenweg 159
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin2,1 M €1,9 M €1,6 M €1,8 M €1,2 M €
EBITDA165,2 k €479,2 k €473,9 k €605,9 k €238 k €
Operating result154 k €468,7 k €466,8 k €603,2 k €236,6 k €
Net result98,4 k €335,3 k €330,4 k €438 k €162,9 k €
Balance sheet
Equity1,3 M €1,3 M €971,8 k €686,3 k €310,2 k €
Total assets1,6 M €1,6 M €1,2 M €888,3 k €963,7 k €
Cash833,4 k €820,8 k €647,8 k €654 k €535,1 k €
Debts287,8 k €313 k €225,3 k €201,9 k €490,7 k €
Other
Workforce––13,0 ETP15,4 ETP12,8 ETP

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

1 active · 9 ended

Active mandates

Van Paepegem Consulting

Director · 0842.018.990

Represented by Tom Van Paepegem

Active

Ended mandates

HERTOGHS CONSULTING

Manager · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Director · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Director · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Manager · 0880.320.926

Represented by Jacqueline Hertoghs

Ended

Other companies at this address

Brusselsesteenweg 159 9090 Merelbeke-Melle
CompanyCBE no.
Dinnissen België● Active
1024.287.435

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/06/202608/05/202513/03/202425/04/202323/03/202210/06/2021
General meeting08/06/202628/04/202504/03/202422/03/202321/03/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202610/06/2026DutchPDF
Abridged model31/12/202428/04/202508/05/2025DutchPDF
Abridged model31/12/202304/03/202413/03/2024DutchPDF
Abridged model31/12/202222/03/202325/04/2023DutchPDF
Abridged model31/12/202121/03/202223/03/2022DutchPDF
Abridged model31/12/202001/06/202110/06/2021DutchPDF
Abridged model31/12/201902/06/202002/06/2020DutchPDF
Abridged model31/12/201801/06/201903/06/2019DutchPDF
Abridged model31/12/201701/06/201805/06/2018DutchPDF
Abridged model31/12/201601/06/201701/06/2017DutchPDF
Abridged model31/12/201501/06/201602/06/2016DutchPDF
Abridged model31/12/201401/06/201502/06/2015DutchPDF
Abridged model31/12/201302/06/201402/06/2014DutchPDF
Abridged model31/12/201201/06/201305/06/2013DutchPDF

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

1 active · 9 ended

Active mandates

Van Paepegem Consulting

Director · 0842.018.990

Represented by Tom Van Paepegem

Active

Ended mandates

HERTOGHS CONSULTING

Manager · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Director · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Director · 0880.320.926

Represented by Jacqueline Hertoghs

Ended
HERTOGHS CONSULTING

Manager · 0880.320.926

Represented by Jacqueline Hertoghs

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/12/2021
    WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 202598,4 k €↓
  2. 2024
    Annual accounts 2024335,3 k €↑
  3. 2023
    Annual accounts 2023330,4 k €↓
  4. 2022
    Annual accounts 2022438 k €↑
  5. 2021
    Annual accounts 2021162,9 k €↓
  6. 2020
    Annual accounts 2020243 k €↑
  7. 2019
    Annual accounts 201922,8 k €↑
  8. 2018
    Annual accounts 20181,5 k €↓
  9. 2017
    Annual accounts 201795,5 k €↓
  10. 2016
    Annual accounts 2016112,9 k €↓
  11. 2015
    Annual accounts 2015139 k €↓
  12. 2014
    Annual accounts 2014141,1 k €↑
  13. 2013
    Annual accounts 201346,5 k €↑
  14. 2012
    Annual accounts 2012-111,2 k €
  15. 03/01/2012
    IncorporationPrivate limited company