ACTIVE

AG Stadsontwikkeling Hasselt

Financial year 2025 · Closed on 31/12/2025

Net result820,2 k €-27,0 %over 1 year
Gross margin6,4 M €-6,2 %over 1 year
Equity24,4 M €-0,3 %over 1 year

Identity

Source · BCE/KBO

AG Stadsontwikkeling Hasselt is a Autonomous municipal company incorporated in 2004. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Hasselt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.952.958
Incorporation
01/01/2004
Legal form
Autonomous municipal company
Registered office
Limburgplein 1
3500 Hasselt · FlandreSee on map
Contributed capital
21 782 724,26 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 7 financial years

20252024202320222021
Income statement
Gross margin6,4 M €6,9 M €6 M €6,1 M €6,5 M €
EBITDA6,3 M €6,7 M €5,7 M €5,9 M €6,4 M €
Operating result1,7 M €2,2 M €1,2 M €1,4 M €2 M €
Net result820,2 k €1,1 M €29,7 k €97,7 k €505,2 k €
Balance sheet
Equity24,4 M €24,5 M €24,4 M €24,5 M €24,5 M €
Total assets123,6 M €129,7 M €134,2 M €140,1 M €146,9 M €
Cash1,5 M €1,9 M €1,2 M €1,3 M €5,1 M €
Debts99 M €104,9 M €109,4 M €115,2 M €122 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 16 ended

Active mandates

Carl Smeets

Director · since 25 février 2025

Active
Dirk Thoelen

Director · since 25 février 2025

Active
Frank Dewael

Director · since 25 février 2025

Active
Habib El Ouakili

Director · since 25 février 2025

Active
Heidi Kestens

Director · since 25 février 2025

Active
Hilde Van der Goten

Director · since 25 février 2025

Active
Karolien Mondelaers

Vice-chairman of the board of directors · since 25 février 2025

Active
Micheline Vandebergh

Director · since 25 février 2025

Active
Rik Dehollogne

Director · since 25 février 2025

Active
Steven Vandeput

Chairman of the board of directors · since 25 février 2025

Active
Tom Vandeput

Director · since 25 février 2025

Active
Toon Vranken

Director · since 25 février 2025

Active

Ended mandates

Veronique Sterckendries

Director · since 22 mars 2022

Ended
Nele Kelchtermans

Director · since 25 janvier 2022

Ended
Dymfna Meynen

Director · since 26 janvier 2021

Ended
Derya Erdogan

Director · since 29 janvier 2019

Ended

Other companies at this address

Limburgplein 1 3500 Hasselt
CompanyCBE no.
0413.939.877
0436.978.070
0474.122.538
0795.367.039
0431.000.890
Stad Hasselt● Active
0207.466.964

Full financial information

Source · NBB
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 date30/06/202610/07/202530/06/202426/07/202315/07/202215/07/2021
General meeting23/06/202624/06/202525/06/202427/06/202328/06/202222/06/2021
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202630/06/2026DutchPDF
Abridged model31/12/202424/06/202510/07/2025DutchPDF
Abridged model31/12/202325/06/202430/06/2024DutchPDF
Abridged model31/12/202227/06/202326/07/2023DutchPDF
Abridged model31/12/202128/06/202215/07/2022DutchPDF
Abridged model31/12/202022/06/202115/07/2021DutchPDF
Abridged model31/12/201923/06/202010/07/2020DutchPDF
Abridged model31/12/201828/05/201913/06/2019DutchPDF
Abridged model31/12/201726/06/201809/05/2019DutchPDF
Abridged model31/12/201627/06/201726/07/2017DutchPDF
Abridged model31/12/201528/06/201607/10/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

12 active · 16 ended

Active mandates

Carl Smeets

Director · since 25 février 2025

Active
Dirk Thoelen

Director · since 25 février 2025

Active
Frank Dewael

Director · since 25 février 2025

Active
Habib El Ouakili

Director · since 25 février 2025

Active
Heidi Kestens

Director · since 25 février 2025

Active
Hilde Van der Goten

Director · since 25 février 2025

Active
Karolien Mondelaers

Vice-chairman of the board of directors · since 25 février 2025

Active
Micheline Vandebergh

Director · since 25 février 2025

Active
Rik Dehollogne

Director · since 25 février 2025

Active
Steven Vandeput

Chairman of the board of directors · since 25 février 2025

Active
Tom Vandeput

Director · since 25 février 2025

Active
Toon Vranken

Director · since 25 février 2025

Active

Ended mandates

Veronique Sterckendries

Director · since 22 mars 2022

Ended
Nele Kelchtermans

Director · since 25 janvier 2022

Ended
Dymfna Meynen

Director · since 26 janvier 2021

Ended
Derya Erdogan

Director · since 29 janvier 2019

Ended

Ownership and network

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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 2025820,2 k €↓
  2. 2024
    Annual accounts 20241,1 M €↑
  3. 2023
    Annual accounts 202329,7 k €↓
  4. 2022
    Annual accounts 202297,7 k €↓
  5. 2021
    Annual accounts 2021505,2 k €↑
  6. 2021
    Name changeAG Stadsonwikkeling Hasselt
  7. 2020
    Annual accounts 2020-875,8 k €↓
  8. 2019
    Annual accounts 2019488,3 k €
  9. 2019
    Name changeAg Stadsontwikkeling Hasselt
  10. 01/01/2004
    IncorporationAutonomous municipal company