ACTIVE

BHB

Financial year 2025 · Closed on 31/12/2025

Net result3 M €+573,2 %over 1 year

Gross margin477,3 k €+14,1 %over 1 year

Equity13,9 M €-4,2 %over 1 year

Identity

Source · BCE/KBO

BHB is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Waregem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0862.808.169
Incorporation: 20/01/2004
Legal form: Private limited company
Registered office: Textielstraat 26
8790 Waregem · FlandreSee on map
Contributed capital: 9 031 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	477,3 k €	+14.1%	418,4 k €	-51.6%	864,4 k €	+7593%	11,2 k €	+16.2%	9,7 k €
EBITDA	476,2 k €	+14.1%	417,3 k €	-50.0%	834,7 k €	+8039%	10,3 k €	+18.0%	8,7 k €
Operating result	476,2 k €	+14.1%	417,3 k €	-50.0%	834,7 k €	+8039%	10,3 k €	+18.0%	8,7 k €
Net result	3 M €	+573%	446,4 k €	-62.4%	1,2 M €	+146%	-2,6 M €	-1421%	-168,9 k €
Balance sheet
Equity	13,9 M €	-4.2%	14,5 M €	+34.7%	10,8 M €	+12.4%	9,6 M €	-23.9%	12,6 M €
Total assets	17,8 M €	-16.1%	21,2 M €	+33.2%	15,9 M €	-16.2%	19 M €	-13.3%	21,9 M €
Cash	352,4 k €	+599%	50,4 k €	-53.1%	107,4 k €	-96.2%	2,9 M €	+141%	1,2 M €
Debts	3,5 M €	-45.4%	6,4 M €	+28.9%	5 M €	-42.8%	8,7 M €	-0.7%	8,8 M €

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

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hans Vanoorbeek	Managersince 05/05/2005Mandate2023 accountsended
John Blijdenstein	Managersince 16/01/2004Mandate2023 accountsended

Other companies at this address

Textielstraat 26 8790 Waregem

Company	CBE no.
IMMOMAT● Active	0453.046.319
MATCO● Active	0424.621.854
Matco Invest● Active	1011.733.160
Matco Latex Services● Active	1006.541.581
VHPE● Active	0751.971.021

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro 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	18/06/2026	03/07/2025	15/07/2024	26/07/2023	02/06/2022	07/06/2021
General meeting	03/06/2026	04/06/2025	26/06/2024	07/06/2023	01/06/2022	02/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	15/07/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	26/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	03/06/2020	14/09/2020	Dutch	PDF
Abridged model	31/12/2018	05/06/2019	06/06/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	30/08/2018	Dutch	PDF
Full model	31/12/2016	14/04/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	19/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/02/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	20/02/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	05/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	06/06/2007	14/08/2007	Dutch	PDF

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

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hans Vanoorbeek	Managersince 05/05/2005Mandate2023 accountsended
John Blijdenstein	Managersince 16/01/2004Mandate2023 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares24/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other08/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/09/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/07/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other26/03/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office26/06/2009
Verplaatsing maatschappelijke zetel
PDF
Capital / shares15/01/2009
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office21/02/2007
« VERPLAATSING MAATSCHAPPELIJKE ZETEL, UITBATINGSZETEL EN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Hans Vanoorbeek

John Blijdenstein

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BHB

Textielstraat 26, 8790 Waregem

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Textielstraat 26, 8790 WaregemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00178095

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BHBCurrent	accounts 2008 → 2025	Accounts 2025 · 2026-00178095

Events

2025
Annual accounts 20253 M €↑
2024
Annual accounts 2024446,4 k €↓
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 2022-2,6 M €↓
2021
Annual accounts 2021-168,9 k €↑
2020
Annual accounts 2020-214 k €↓
2019
Annual accounts 20192,9 M €↑
2018
Annual accounts 2018583,1 k €↓
2017
Annual accounts 20171,9 M €↑
2016
Annual accounts 2016169,6 k €↓
2015
Annual accounts 20155,5 M €↑
2014
Annual accounts 2014-2,2 M €↓
2013
Annual accounts 2013-37,9 k €↑
2012
Annual accounts 2012-227 k €↓
2011
Annual accounts 20111,1 M €↑
2010
Annual accounts 2010-552,7 k €↓
2009
Annual accounts 2009-125,9 k €↑
2008
Annual accounts 2008-11,4 M €
20/01/2004
IncorporationPrivate limited company

BHB

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events