NORMAL SITUATION

Hillewaere Holding

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Financial year 2025 · closed on 31/12/2025

Net result

89 M €

+9441.7% YoY

Revenue

17,8 k €

-30.4% YoY

Equity

126 M €

+240.9% YoY

Workforce

15,6 ETP

+2.6% YoY

Company — Normal situation.

What does Hillewaere Holding do?

Hillewaere Holding is a company registered in Belgium. It employs on average 15,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0843.053.427

Legal form

Private limited company

Contributed capital

36 038 144,00 €

Latest accounts

31/12/2025

Average workforce

15,6 ETP

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013
Income statement
Revenue	17,8 k €	-30.4%	25,6 k €	+753%	3 k €		–		–		–		–		–		–		–		–
EBITDA	692 k €	+48.7%	465,3 k €	-53.8%	1 M €	+448%	183,7 k €	+464%	-50,4 k €	-281%	27,8 k €	+799%	-4 k €	-19.0%	-3,3 k €	-31.4%	-2,5 k €	-65.7%	-1,5 k €	-23.7%	-1,2 k €
Operating result	590 k €	+44.3%	409 k €	-59.0%	998,2 k €	+454%	180,1 k €	+457%	-50,4 k €	-281%	27,8 k €	+799%	-4 k €	-19.0%	-3,3 k €	-31.4%	-2,5 k €	-65.7%	-1,5 k €	+44.6%	-2,8 k €
Net result	89 M €	+9442%	-953,1 k €	-131%	3 M €	+421%	-945,3 k €	-1123%	-77,3 k €	-512%	18,8 k €	+435%	-5,6 k €	-67.5%	-3,3 k €	-31.4%	-2,5 k €	-65.6%	-1,5 k €	+44.7%	-2,8 k €
Balance sheet
Equity	126 M €	+241%	37 M €	+32.4%	27,9 M €	+21527%	-130,2 k €	-116%	815,1 k €	-20.8%	1 M €	+1.9%	1 M €	+25363%	-4 k €	-510%	-655,1 €	-135%	1,9 k €	-44.9%	3,4 k €
Total assets	133,7 M €	+90.1%	70,3 M €	+27.1%	55,4 M €	+41.4%	39,2 M €	+747%	4,6 M €	+9.3%	4,2 M €	+171%	1,6 M €	+27279%	5,7 k €	+67.3%	3,4 k €	-8.9%	3,7 k €	+3.4%	3,6 k €
Cash	8,5 M €	+315%	2 M €	-2.1%	2,1 M €	+1257%	153,6 k €	+995%	14 k €	-64.8%	39,9 k €	+30.2%	30,7 k €	+1110%	2,5 k €	+943%	242,8 €	-57.9%	576,8 €	+765%	66,6 €
Debts	7,7 M €	-76.8%	33,2 M €	+22.3%	27,2 M €	-30.8%	39,3 M €	+932%	3,8 M €	+19.1%	3,2 M €	+482%	549,4 k €	+5568%	9,7 k €	+139%	4,1 k €	+119%	1,9 k €	+862%	192,5 €
Other
Workforce	15,6 ETP	+2.6%	15,2 ETP	+23.6%	12,3 ETP	+23.0%	10,0 ETP	+9900%	0,1 ETP		–		–		–		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Valentijn Muurmans

Director · since 01 janvier 2024

Active

Hillewaere Group Belgium

Director · since 30 septembre 2021 · 0764.344.459

Represented by Roel DRUYTS

Active

Ended mandates

Hillewaere Group Belgium

Director · since 30 septembre 2021 · 0764.344.459

Represented by Roel Druyts

Ended

Roel Druyts

Director · since 23 janvier 2012

Ended

Roel Druyts

Manager · since 23 janvier 2012

Ended

Roel Druyts

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full 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	01/10/2019
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	15 months
Filing date	09/07/2026	30/06/2025	16/09/2024	29/09/2023	29/07/2022	09/08/2021
General meeting	01/01/2026	25/06/2025	25/06/2024	21/09/2023	30/06/2022	18/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/01/2026	09/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	30/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	25/06/2024	16/09/2024	Dutch	PDF
Full model	31/12/2023	25/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	21/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	09/08/2021	Dutch	PDF
Abridged model	30/09/2019	13/03/2020	11/05/2020	Dutch	PDF
Abridged model	30/09/2018	29/03/2019	29/04/2019	Dutch	PDF
Abridged model	30/09/2017	09/03/2018	21/03/2018	Dutch	PDF
Abridged model	30/09/2016	10/03/2017	20/03/2017	Dutch	PDF
Abridged model	30/09/2015	11/03/2016	25/03/2016	Dutch	PDF
Abridged model	30/09/2014	13/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	14/03/2014	30/06/2014	Dutch	PDF

Estimate

Indicative valuation

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 · 4 ended

Active mandates

Valentijn Muurmans

Director · since 01 janvier 2024

Active

Hillewaere Group Belgium

Director · since 30 septembre 2021 · 0764.344.459

Represented by Roel DRUYTS

Active

Ended mandates

Hillewaere Group Belgium

Director · since 30 septembre 2021 · 0764.344.459

Represented by Roel Druyts

Ended

Roel Druyts

Director · since 23 janvier 2012

Ended

Roel Druyts

Manager · since 23 janvier 2012

Ended

Roel Druyts

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring04/02/2026
MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING
PDF
Restructuring24/11/2025
Fusievoorstel
PDF
Mandates03/09/2025
Benoeming commissaris
PDF
Other17/07/2025
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Other08/03/2024
DIVERSEN
PDF
Mandates12/02/2024
Benoeming bestuurder fj
PDF
Mandates24/07/2023
Benoeming commissaris
PDF
Capital / shares10/07/2023
KAPITAAL, AANDELEN
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 202589 M €↑
2024
Annual accounts 2024-953,1 k €↓
2023
Annual accounts 20233 M €↑
2022
Annual accounts 2022-945,3 k €↓
2021
Annual accounts 2021-77,3 k €↓
2018
Annual accounts 201818,8 k €↑
2017
Annual accounts 2017-5,6 k €↓
2016
Annual accounts 2016-3,3 k €↓
2015
Annual accounts 2015-2,5 k €↓
2014
Annual accounts 2014-1,5 k €↑
2013
Annual accounts 2013-2,8 k €

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

Hillewaere Holding

Overview

What does Hillewaere Holding do?

Trend over 11 financial years

Board of directors

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