ACTIVE

HERTSENS SERVICES

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

552 k €

-22.4% YoY

Gross margin

3,4 M €

+1.9% YoY

Equity

6,4 M €

+9.5% YoY

Workforce

11,1 ETP

+9.9% YoY

What does HERTSENS SERVICES do?

HERTSENS SERVICES is a Private limited company incorporated in 2003. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0861.673.665

Incorporation

17/11/2003

Legal form

Private limited company

Registered office

Hogenakkerhoekstraat 2
9150 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

11,1 ETP

Activities (NACE)

25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main 25620Machining 28520Manufacture of machinery and equipment n.e.c.45201Maintenance and repair of motor vehicles 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,4 M €	+1.9%	3,4 M €	-17.9%	4,1 M €	+47.5%	2,8 M €	+12.6%	2,5 M €	+3.9%	2,4 M €	+42.2%	1,7 M €	-8.2%	1,8 M €	+44.3%	1,3 M €	-15.1%	1,5 M €		–		–		–		–		933,1 k €	+73.1%	539,1 k €	+4.2%	517,2 k €	-25.7%	695,8 k €	+10.3%	630,6 k €	+63.7%	385,2 k €
EBITDA	2,6 M €	-1.3%	2,7 M €	-22.2%	3,4 M €	+55.5%	2,2 M €	+18.4%	1,9 M €	+1.1%	1,8 M €	+61.3%	1,1 M €	-11.4%	1,3 M €	+87.7%	682,7 k €	-30.5%	982,6 k €	+25.1%	785,2 k €	+19.6%	656,3 k €	+6.1%	618,7 k €	-15.9%	735,3 k €	-8.7%	805,3 k €	+94.7%	413,6 k €	+8.6%	380,7 k €	-18.0%	464,5 k €	+35.9%	341,8 k €	+197%	115,1 k €
Operating result	714,5 k €	-10.5%	797,8 k €	-53.3%	1,7 M €	+216%	539,8 k €	+76.6%	305,7 k €	-45.3%	558,8 k €	+29.0%	433,1 k €	-15.1%	509,9 k €	+308%	125,1 k €	-71.8%	443,6 k €	+319%	106 k €	-48.3%	205 k €	+33.2%	153,8 k €	-47.3%	292,1 k €	-37.6%	468,1 k €	+379%	97,7 k €	+1516%	6 k €	-94.7%	114,8 k €	+1919%	5,7 k €	-68.2%	17,9 k €
Net result	552 k €	-22.4%	711 k €	-55.3%	1,6 M €	+296%	401,3 k €	+69.6%	236,6 k €	-43.2%	416,5 k €	+27.4%	327 k €	-12.8%	374,9 k €	+258%	104,6 k €	-65.5%	303,4 k €	+265%	83,2 k €	-47.7%	159,2 k €	-30.4%	228,6 k €	+21.5%	188,1 k €	-41.7%	322,4 k €	+246%	93,3 k €	+59.7%	58,4 k €	-45.4%	106,9 k €	+10787%	981,9 €	-93.2%	14,3 k €
Balance sheet
Equity	6,4 M €	+9.5%	5,8 M €	+13.9%	5,1 M €	+45.0%	3,5 M €	+12.8%	3,1 M €	+8.2%	2,9 M €	+16.8%	2,5 M €	+15.2%	2,2 M €	+20.6%	1,8 M €	+5.8%	1,7 M €	+21.3%	1,4 M €	+5.9%	1,3 M €	+13.2%	1,2 M €	+23.7%	939,4 k €	+24.0%	757,6 k €	+71.6%	441,4 k €	+24.6%	354,4 k €	+47.8%	239,9 k €	+72.6%	139 k €	+0.7%	138 k €
Total assets	12,7 M €	+53.3%	8,3 M €	+6.5%	7,8 M €	+41.8%	5,5 M €	-6.9%	5,9 M €	+0.6%	5,9 M €	+28.0%	4,6 M €	+66.8%	2,8 M €	-5.7%	2,9 M €	+17.7%	2,5 M €	+2.9%	2,4 M €	+14.2%	2,1 M €	-0.5%	2,1 M €	+39.0%	1,5 M €	-0.7%	1,5 M €	+41.2%	1,1 M €	-12.9%	1,3 M €	+90.6%	655,9 k €	-14.3%	765 k €	+48.3%	515,9 k €
Cash	79,9 k €	+8.0%	74 k €	+214%	23,5 k €	-85.4%	161,2 k €	+156%	63 k €	+93.7%	32,5 k €	+50.5%	21,6 k €	-96.6%	636,1 k €	+897%	63,8 k €	+137%	27 k €	-78.5%	125,7 k €	+2643%	4,6 k €	-63.0%	12,4 k €	+14.1%	10,8 k €	+97.9%	5,5 k €	-54.0%	11,9 k €	-55.5%	26,8 k €	-18.6%	32,9 k €	+1811%	1,7 k €	+92.1%	896,7 €
Debts	6,3 M €	+157%	2,5 M €	-6.8%	2,6 M €	+35.8%	1,9 M €	-29.4%	2,7 M €	-6.6%	2,9 M €	+43.5%	2 M €	+278%	542,5 k €	-51.3%	1,1 M €	+44.2%	772,3 k €	-22.4%	995,3 k €	+28.1%	777,1 k €	-17.4%	940,4 k €	+61.7%	581,4 k €	-24.5%	770,3 k €	+19.4%	645,4 k €	-27.8%	894,2 k €	+115%	415,7 k €	-33.6%	625,8 k €	+65.6%	378 k €
Other
Workforce	11,1 ETP	+9.9%	10,1 ETP	+5.2%	9,6 ETP	+2.1%	9,4 ETP	+1.1%	9,3 ETP	+3.3%	9,0 ETP	-1.1%	9,1 ETP	-10.8%	10,2 ETP	-8.1%	11,1 ETP	+1.8%	10,9 ETP	+5.8%	10,3 ETP	+5.1%	9,8 ETP	+30.7%	7,5 ETP	+31.6%	5,7 ETP	+58.3%	3,6 ETP	0.0%	3,6 ETP	-18.2%	4,4 ETP	-29.0%	6,2 ETP	-12.7%	7,1 ETP	-2.7%	7,3 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 31/12/2025 · 2 active · 5 ended

Active mandates

Filip Hertsens

Director · since 15 mai 2015

Active

Arnold Hertsens

Director

Active

Ended mandates

Filip Hertsens

Manager · since 15 mai 2015

Ended

Arnold Hertsens

Director · since 17 novembre 2003

Ended

Arnold Hertsens

Manager · since 17 novembre 2003

Ended

Arnold Hertsens

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
HERTSENS CONSTRUCT● Active	0418.902.715
HERTSENS IMMO● Active	0479.796.840
HERTSENS INVEST● Active	0436.103.090
Hertsens Maatschap● Active	0758.757.952
SPORT4IT● Bankrupt	0725.795.273

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	01/01/2020
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	17/06/2026	31/07/2025	19/09/2024	20/09/2023	08/06/2022	01/09/2021
General meeting	10/06/2026	30/06/2025	09/09/2024	11/09/2023	09/05/2022	23/08/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/06/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	09/09/2024	19/09/2024	Dutch	PDF
Abridged model	31/12/2022	11/09/2023	20/09/2023	Dutch	PDF
Abridged model	31/12/2021	09/05/2022	08/06/2022	Dutch	PDF
Abridged model	31/12/2020	23/08/2021	01/09/2021	Dutch	PDF
Abridged model	31/12/2019	11/05/2020	07/09/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	14/05/2018	08/07/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	31/07/2017	Dutch	PDF
Full model	31/12/2015	09/05/2016	25/07/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	20/06/2015	Dutch	PDF
Full model	31/12/2013	12/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	13/05/2013	13/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/05/2012	05/06/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	17/05/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	10/06/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	03/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	24/07/2007	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 31/12/2025 · 2 active · 5 ended

Active mandates

Filip Hertsens

Director · since 15 mai 2015

Active

Arnold Hertsens

Director

Active

Ended mandates

Filip Hertsens

Manager · since 15 mai 2015

Ended

Arnold Hertsens

Director · since 17 novembre 2003

Ended

Arnold Hertsens

Manager · since 17 novembre 2003

Ended

Arnold Hertsens

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2006
ONTSLAGEN - BENOEMINGEN
PDF
Other24/11/2003
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

2025
Annual accounts 2025552 k €↓
2024
Annual accounts 2024711 k €↓
2023
Annual accounts 20231,6 M €↑
2022
Annual accounts 2022401,3 k €↑
2021
Annual accounts 2021236,6 k €↓
2020
Annual accounts 2020416,5 k €↑
2019
Annual accounts 2019327 k €↓
2018
Annual accounts 2018374,9 k €↑
2017
Annual accounts 2017104,6 k €↓
2016
Annual accounts 2016303,4 k €↑
2015
Annual accounts 201583,2 k €↓
2014
Annual accounts 2014159,2 k €↓
2013
Annual accounts 2013228,6 k €↑
2012
Annual accounts 2012188,1 k €↓
2011
Annual accounts 2011322,4 k €↑
2010
Annual accounts 201093,3 k €↑
2009
Annual accounts 200958,4 k €↓
2008
Annual accounts 2008106,9 k €↑
2007
Annual accounts 2007981,9 €↓
2006
Annual accounts 200614,3 k €
17/11/2003
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

HERTSENS SERVICES

Overview

What does HERTSENS SERVICES do?

Trend over 20 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