ACTIVE

H4H

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Financial year 2025 · closed on 31/12/2025
Net result
-256,8 k €
-102.1% YoY
Gross margin
-255 k €
+59.8% YoY
Equity
2,6 M €
-85.3% YoY

What does H4H do?

H4H is a Private limited company incorporated in 2012. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0846.472.973
Incorporation
06/06/2012
Legal form
Private limited company
Registered office
Terbekehofdreef 55-59
2610 Antwerpen · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin-255 k €-634,2 k €51,3 k €1 M €1,8 M €446 k €512,2 k €1 M €790,7 k €871,1 k €855,5 k €1,1 M €1,1 M €
EBITDA-256,1 k €-635,3 k €50,4 k €1 M €1,7 M €446 k €512,2 k €690,5 k €771,4 k €871,1 k €855,5 k €1,1 M €1,1 M €
Operating result-256,1 k €-635,3 k €50,4 k €1 M €1,7 M €445,7 k €512,2 k €690,5 k €394,4 k €482,1 k €855,5 k €1,1 M €1,1 M €
Net result-256,8 k €12 M €35,2 k €750,6 k €1,3 M €214,7 k €358,2 k €486,7 k €251,6 k €299,5 k €549,7 k €671,6 k €738,3 k €
Balance sheet
Equity2,6 M €17,8 M €5,9 M €5,8 M €5,1 M €3,8 M €3,6 M €3,2 M €2,8 M €2,5 M €2,2 M €1,7 M €988,3 k €
Total assets2,9 M €18 M €13,6 M €13,8 M €13,8 M €13,7 M €13,9 M €13,6 M €14,3 M €14,7 M €14 M €13,6 M €13 M €
Cash–985 k €28,3 k €84,4 k €8,9 k €12,3 k €17 k €59,1 €48,5 k €38,1 k €38,8 k €93,2 k €136,7 k €
Debts239,5 k €135,6 k €7,1 M €7,3 M €7,9 M €9,9 M €9,8 M €10,3 M €11,1 M €11,8 M €11,8 M €11,9 M €12 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Alexis Delbaere

Director · since 20 mai 2025

Active
P and B

Director · since 22 juin 2022 · until 30 juin 2028 · 0448.991.125

Represented by Bernard Delbaere

Active
Bart Deumens

Director · since 02 juin 2022 · until 30 juin 2028

Active

Ended mandates

Jan Maeyens

Director · since 22 juin 2022 · until 30 juin 2028

Ended
P and B

Director · since 22 juin 2022 · until 30 juin 2028 · 0448.991.125

Represented by Bernard Delbaere

Ended
Roland De Winter

Director · since 22 juin 2022 · until 30 juin 2028

Ended
Bernard Delbaere

Director · since 30 juin 2018 · until 31 décembre 2019

Ended
At this address

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0404.943.722
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0818.310.311
Annual accounts

Full financial information

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 date31/08/202613/08/202501/07/202407/08/202305/08/202215/07/2021
General meeting16/06/202624/04/202528/06/202415/06/202322/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202631/08/2026DutchPDF
Abridged model31/12/202424/04/202513/08/2025DutchPDF
Abridged model31/12/202328/06/202401/07/2024DutchPDF
Abridged model31/12/202215/06/202307/08/2023DutchPDF
Abridged model31/12/202122/06/202205/08/2022DutchPDF
Abridged model31/12/202030/06/202115/07/2021DutchPDF
Abridged model31/12/201930/06/202030/10/2020DutchPDF
Abridged model31/12/201827/06/201930/08/2019DutchPDF
Abridged model31/12/201720/02/201804/04/2018DutchPDF
Abridged model31/12/201630/06/201729/08/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201429/06/201531/08/2015DutchPDF
Abridged model31/12/201323/04/201429/07/2014DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Alexis Delbaere

Director · since 20 mai 2025

Active
P and B

Director · since 22 juin 2022 · until 30 juin 2028 · 0448.991.125

Represented by Bernard Delbaere

Active
Bart Deumens

Director · since 02 juin 2022 · until 30 juin 2028

Active

Ended mandates

Jan Maeyens

Director · since 22 juin 2022 · until 30 juin 2028

Ended
P and B

Director · since 22 juin 2022 · until 30 juin 2028 · 0448.991.125

Represented by Bernard Delbaere

Ended
Roland De Winter

Director · since 22 juin 2022 · until 30 juin 2028

Ended
Bernard Delbaere

Director · since 30 juin 2018 · until 31 décembre 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates15/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/06/2012
    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

Timeline

  1. 2025
    Annual accounts 2025-256,8 k €↓
  2. 2024
    Annual accounts 202412 M €↑
  3. 2023
    Annual accounts 202335,2 k €↓
  4. 2022
    Annual accounts 2022750,6 k €↓
  5. 2021
    Annual accounts 20211,3 M €↑
  6. 2020
    Annual accounts 2020214,7 k €↓
  7. 2019
    Annual accounts 2019358,2 k €↓
  8. 2018
    Annual accounts 2018486,7 k €↑
  9. 2017
    Annual accounts 2017251,6 k €↓
  10. 2016
    Annual accounts 2016299,5 k €↓
  11. 2015
    Annual accounts 2015549,7 k €↓
  12. 2014
    Annual accounts 2014671,6 k €↓
  13. 2013
    Annual accounts 2013738,3 k €
  14. 06/06/2012
    IncorporationPrivate limited company