NORMAL SITUATION

THE HUMAN RELATION COMPANY

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Company — Normal situation.

Strike-off: 14 juillet 2026

Financial year 2025 · Closed on 30/06/2025

Net result-3,1 k €+92,8 %over 1 year
Gross margin34,4 k €+223,7 %over 1 year
Equity44,2 k €-6,6 %over 1 year

Identity

Source · BCE/KBO

THE HUMAN RELATION COMPANY is a Private limited company incorporated in 2004.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0863.705.618
Incorporation
27/02/2004
Legal form
Private limited company
Contributed capital
12 400,00 €
Latest accounts
30/06/2025
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin34,4 k €-27,8 k €27,9 k €64,3 k €25,5 k €
EBITDA16,1 k €-28,5 k €25,9 k €62,2 k €23,2 k €
Operating result12,7 k €-37 k €18,6 k €55,9 k €16,6 k €
Net result-3,1 k €-43,3 k €10,2 k €37,6 k €9,7 k €
Balance sheet
Equity44,2 k €47,4 k €90,7 k €80,4 k €43,7 k €
Total assets78,6 k €86,7 k €171,9 k €122,3 k €89,6 k €
Cash3,2 k €521,5 €47,1 k €39,7 k €25,4 k €
Debts34,1 k €39 k €80,6 k €41,4 k €44,4 k €

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 3 ended

Active mandates

Werner Vergult

Director

Active

Ended mandates

Werner Vergult

Manager · since 27 février 2004

Ended
Werner Vegult

Manager

Ended
Werner Vergult

Manager

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202630/01/202530/01/202423/01/202331/01/202228/01/2021
General meeting19/12/202520/12/202415/12/202316/12/202217/12/202118/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202519/12/202530/01/2026DutchPDF
Micro model30/06/202420/12/202430/01/2025DutchPDF
Micro model30/06/202315/12/202330/01/2024DutchPDF
Micro model30/06/202216/12/202223/01/2023DutchPDF
Micro model30/06/202117/12/202131/01/2022DutchPDF
Micro model30/06/202018/12/202028/01/2021DutchPDF
Micro model30/06/201920/12/201930/01/2020DutchPDF
Micro model30/06/201821/12/201812/02/2019DutchPDF
Micro model30/06/201715/12/201723/02/2018DutchPDF
Abridged model30/06/201616/12/201619/12/2016DutchPDF
Abridged model30/06/201518/12/201521/12/2015DutchPDF
Abridged model30/06/201419/12/201422/12/2014DutchPDF
Abridged model30/06/201320/12/201330/12/2013DutchPDF
Abridged model30/06/201221/12/201228/12/2012DutchPDF
Abridged model30/06/201116/12/201117/02/2012DutchPDF
Abridged model30/06/201017/12/201028/01/2011DutchPDF
Abridged model30/06/200918/12/200908/01/2010DutchPDF
Abridged model30/09/200721/03/200828/04/2008DutchPDF
Abridged model30/09/200616/03/200710/04/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 3 ended

Active mandates

Werner Vergult

Director

Active

Ended mandates

Werner Vergult

Manager · since 27 février 2004

Ended
Werner Vegult

Manager

Ended
Werner Vergult

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution15/07/2026
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other27/11/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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

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Timeline

  1. 2025
    Annual accounts 2025-3,1 k €↑
  2. 2024
    Annual accounts 2024-43,3 k €↓
  3. 2023
    Annual accounts 202310,2 k €↓
  4. 2022
    Annual accounts 202237,6 k €↑
  5. 2021
    Annual accounts 20219,7 k €↑
  6. 2020
    Annual accounts 2020-31,1 k €↓
  7. 2019
    Annual accounts 2019757,8 €↑
  8. 2018
    Annual accounts 2018-3,2 k €↓
  9. 2017
    Annual accounts 201710,3 k €↑
  10. 2016
    Annual accounts 20161,1 k €↑
  11. 2015
    Annual accounts 2015-145 €↑
  12. 2014
    Annual accounts 2014-40,8 k €↓
  13. 2013
    Annual accounts 20137,6 k €↓
  14. 2012
    Annual accounts 201213,5 k €↓
  15. 2011
    Annual accounts 201115,9 k €↑
  16. 2010
    Annual accounts 201014 k €↓
  17. 2009
    Annual accounts 200953,8 k €
  18. 27/02/2004
    IncorporationPrivate limited company