ACTIVE

H & C BORINGEN

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Financial year 2024 · closed on 31/12/2024

Net result

752,3 k €

+33.5% YoY

Revenue

14,2 M €

Equity

4,2 M €

+22.0% YoY

Workforce

46,6 ETP

+0.4% YoY

What does H & C BORINGEN do?

H & C BORINGEN is a Private limited company incorporated in 2012. Its main activity is: Test drilling and boring. Its registered office is in Lokeren. It employs on average 46,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0844.312.843

Incorporation

07/03/2012

Legal form

Private limited company

Registered office

Schrijnwerkersstraat 4
9160 Lokeren · FlandreSee on map

Contributed capital

45 000,00 €

Latest accounts

31/12/2024

Average workforce

46,6 ETP

Activities (NACE)

43130Test drilling and boring· main 43130Test drilling and boring

Joint committees (2)

1240
2000

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Revenue	14,2 M €		–		–		–		–		–		–		–		–		–		–		–
EBITDA	4,3 M €	+17.1%	3,7 M €	+29.3%	2,8 M €	+110%	1,4 M €	+56.2%	864,1 k €	+11.8%	772,8 k €	-0.7%	777,9 k €	+15.9%	671,1 k €	+47.0%	456,6 k €	+6.5%	428,8 k €	+64.8%	260,2 k €	-36.7%	411 k €
Operating result	1,6 M €	+2.8%	1,6 M €	-16.9%	1,9 M €	+144%	764,9 k €	+67.7%	456 k €	+55.3%	293,6 k €	-11.2%	330,7 k €	+22.0%	271,1 k €	+15.6%	234,4 k €	+10.6%	211,9 k €	+206%	69,3 k €	-63.9%	192,1 k €
Net result	752,3 k €	+33.5%	563,6 k €	-58.4%	1,4 M €	+187%	471,8 k €	+63.6%	288,4 k €	+74.0%	165,7 k €	+4.2%	159,1 k €	-2.8%	163,7 k €	-10.1%	182,1 k €	+80.7%	100,8 k €	+4309%	2,3 k €	-97.5%	91,9 k €
Balance sheet
Equity	4,2 M €	+22.0%	3,4 M €	+19.8%	2,8 M €	+90.5%	1,5 M €	+46.1%	1 M €	+39.2%	735,6 k €	+29.1%	569,8 k €	+38.7%	410,7 k €	+66.3%	247 k €	+280%	64,9 k €	+1.2%	64,2 k €	+3.7%	61,9 k €
Total assets	15,4 M €	+26.4%	12,2 M €	+17.7%	10,4 M €	+71.4%	6 M €	+32.4%	4,6 M €	+61.4%	2,8 M €	+8.1%	2,6 M €	+28.1%	2 M €	+82.8%	1,1 M €	-11.7%	1,3 M €	+34.1%	944,1 k €	-10.5%	1,1 M €
Cash	53,2 k €	-58.7%	128,8 k €	-64.6%	363,6 k €	+71.6%	211,8 k €	+62.4%	130,4 k €	+316%	31,4 k €	+59.7%	19,6 k €	-42.1%	33,9 k €	+9.8%	30,9 k €	-13.0%	35,5 k €	-25.1%	47,4 k €	+98350%	48,2 €
Debts	11,3 M €	+28.0%	8,8 M €	+16.9%	7,5 M €	+65.7%	4,5 M €	+28.0%	3,5 M €	+74.8%	2 M €	-0.2%	2 M €	+26.3%	1,6 M €	+90.2%	845,2 k €	-29.0%	1,2 M €	+65.1%	720,7 k €	+28.3%	561,5 k €
Other
Workforce	46,6 ETP	+0.4%	46,4 ETP	+22.1%	38,0 ETP	+21.4%	31,3 ETP	+27.8%	24,5 ETP	+33.2%	18,4 ETP	+17.9%	15,6 ETP	+30.0%	12,0 ETP	-9.1%	13,2 ETP	-11.4%	14,9 ETP	+12.0%	13,3 ETP	-37.3%	21,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 1 ended

Active mandates

Halil Göcen

Director

Active

Ended mandates

HALIL GOCEN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Alice Building● Active	0729.698.732
Alice HDD● Active	0747.540.891
AY Investing Company● Active	0766.292.278
Ensar● Active	0630.785.654
HNA● Active	1024.301.687

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	07/10/2024	01/09/2023	29/06/2022	31/08/2021	11/09/2020
General meeting	25/07/2025	27/09/2024	16/06/2023	17/06/2022	18/06/2021	25/08/2020
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	25/07/2025	29/08/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	27/09/2024	07/10/2024	Dutch	PDF
Abridged model	31/12/2023	01/07/2024	10/07/2024	Dutch	PDF
Abridged model	31/12/2022	16/06/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	25/08/2020	11/09/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	09/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	25/06/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024 · 1 active · 1 ended

Active mandates

Halil Göcen

Director

Active

Ended mandates

HALIL GOCEN

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/03/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other20/04/2015
BENAMING - DOEL
PDF
Other22/07/2014
DIVERSEN
PDF
Registered office14/07/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/02/2014
ONTSLAGEN - BENOEMINGEN
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

2024
Annual accounts 2024752,3 k €↑
2023
Annual accounts 2023563,6 k €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 2021471,8 k €↑
2020
Annual accounts 2020288,4 k €↑
2019
Annual accounts 2019165,7 k €↑
2018
Annual accounts 2018159,1 k €↓
2017
Annual accounts 2017163,7 k €↓
2016
Annual accounts 2016182,1 k €↑
2015
Annual accounts 2015100,8 k €↑
2014
Annual accounts 20142,3 k €↓
2013
Annual accounts 201391,9 k €
07/03/2012
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

H & C BORINGEN

Overview

What does H & C BORINGEN 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