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HE Consulting Services

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Financial year 2025 · closed on 31/12/2025

Net result

202,8 k €

-73.7% YoY

Gross margin

220,2 k €

-78.4% YoY

Equity

2,7 M €

-19.7% YoY

What does HE Consulting Services do?

HE Consulting Services is a Private limited company incorporated in 2004. Its registered office is in Sint-Niklaas.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0866.429.140

Incorporation

19/07/2004

Legal form

Private limited company

Registered office

Grote Heimelinkstraat 111
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ 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	220,2 k €	-78.4%	1,0 M €	+3.8%	983,4 k €	+9.5%	898,4 k €	+55.6%	577,2 k €	+6.3%	543,1 k €	+2.9%	527,6 k €	-4.7%	553,9 k €	+13.4%	488,6 k €	-2.4%	500,5 k €	-6.6%	535,8 k €	+18.5%	452,4 k €	+0.5%	450,1 k €	+24.3%	362,2 k €	-3.3%	374,3 k €	+8.7%	344,5 k €	+5.9%	325,3 k €	-5.9%	345,7 k €	+5.5%	327,6 k €	+95.4%	167,7 k €
EBITDA	215,1 k €	-78.8%	1,0 M €	+3.8%	977,9 k €	+9.5%	892,8 k €	+56.0%	572,1 k €	+6.4%	537,9 k €	+5.2%	511,1 k €	-6.8%	548,6 k €	+12.9%	486,0 k €	-2.3%	497,7 k €	-6.5%	532,2 k €	+18.4%	449,4 k €	+0.4%	447,6 k €	+24.6%	359,2 k €	-2.0%	366,6 k €	+9.1%	336,1 k €	+4.5%	321,8 k €	-4.9%	338,3 k €	+3.7%	326,2 k €	+95.7%	166,7 k €
Operating result	202,7 k €	-79.9%	1,0 M €	+6.2%	947,7 k €	+9.9%	862,5 k €	+59.2%	541,9 k €	+6.7%	507,6 k €	+5.6%	480,8 k €	-9.4%	530,8 k €	+13.4%	468,2 k €	-2.4%	479,9 k €	-6.7%	514,4 k €	+23.9%	415,3 k €	-0.9%	419,0 k €	+26.7%	330,7 k €	-2.2%	338,1 k €	+5.7%	319,7 k €	+5.7%	302,5 k €	-5.1%	318,9 k €	+0.4%	317,5 k €	+90.9%	166,4 k €
Net result	202,8 k €	-73.7%	771,0 k €	+6.9%	721,5 k €	+10.9%	650,7 k €	+50.9%	431,3 k €	+8.3%	398,2 k €	+9.5%	363,6 k €	-7.9%	394,6 k €	+23.3%	320,1 k €	-8.4%	349,5 k €	+7.5%	325,0 k €	+27.2%	255,5 k €	-10.0%	283,9 k €	+37.2%	207,0 k €	-7.5%	223,7 k €	+3.0%	217,1 k €	+5.9%	205,0 k €	-6.9%	220,1 k €	-2.4%	225,5 k €	+92.7%	117,0 k €
Balance sheet
Equity	2,7 M €	-19.7%	3,3 M €	+11.9%	3,0 M €	+15.5%	2,6 M €	+13.1%	2,3 M €	-3.1%	2,4 M €	+6.6%	2,2 M €	+19.6%	1,8 M €	+11.5%	1,7 M €	+23.9%	1,3 M €	+35.4%	987,8 k €	+49.0%	662,8 k €	+62.7%	407,3 k €	-8.6%	445,8 k €	+86.7%	238,8 k €	-51.8%	495,1 k €	-3.5%	513,0 k €	+66.5%	308,0 k €	-27.7%	425,9 k €	+93.2%	220,4 k €
Total assets	3,0 M €	-21.6%	3,8 M €	+10.4%	3,5 M €	+16.4%	3,0 M €	+15.8%	2,6 M €	-1.2%	2,6 M €	+8.5%	2,4 M €	+9.4%	2,2 M €	+0.4%	2,2 M €	+30.7%	1,7 M €	+23.1%	1,4 M €	+20.1%	1,1 M €	+20.2%	945,6 k €	+36.5%	692,5 k €	+18.9%	582,6 k €	-9.7%	645,4 k €	+12.8%	572,3 k €	+18.4%	483,3 k €	-20.2%	606,0 k €	+74.1%	348,1 k €
Cash	734,2 k €	+46.5%	501,2 k €	+146%	203,4 k €	-63.1%	551,8 k €	+189%	190,8 k €	+3.4%	184,5 k €	+1.0%	182,7 k €	+36.8%	133,6 k €	-5.7%	141,6 k €	+53.7%	92,1 k €	-22.3%	118,6 k €	+727%	14,3 k €	-69.2%	46,6 k €	+188%	16,2 k €	-37.5%	25,9 k €	-76.2%	108,7 k €	+105%	53,0 k €	-53.9%	114,8 k €	+14.1%	100,6 k €	-46.3%	187,3 k €
Debts	335,0 k €	-34.4%	510,4 k €	+1.1%	504,8 k €	+22.9%	410,9 k €	+64.6%	249,6 k €	+15.2%	216,8 k €	+35.7%	159,8 k €	-48.5%	310,2 k €	-37.8%	498,7 k €	+63.8%	304,4 k €	-6.3%	324,7 k €	-29.1%	457,8 k €	-13.4%	528,6 k €	+127%	233,4 k €	-32.0%	343,1 k €	+128%	150,3 k €	+153%	59,4 k €	-66.1%	175,3 k €	-2.6%	180,1 k €	+41.1%	127,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Harry Everaerts

Director

Active

Ended mandates

Harry Everaerts

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro 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	31/08/2026	08/06/2025	28/07/2024	04/08/2023	12/07/2022	05/08/2021
General meeting	29/08/2026	07/06/2025	28/07/2024	30/07/2023	30/06/2022	18/07/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	08/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/07/2024	28/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/07/2023	04/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	18/07/2021	05/08/2021	Dutch	PDF
Abridged model	31/12/2019	28/06/2020	04/07/2020	Dutch	PDF
Abridged model	31/12/2018	30/08/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	28/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/08/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/06/2011	24/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/04/2010	21/05/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 1 active · 1 ended

Active mandates

Harry Everaerts

Director

Active

Ended mandates

Harry Everaerts

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other15/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates12/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/07/2018
KAPITAAL - AANDELEN
PDF
Capital / shares06/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other11/04/2005
BENAMING
PDF
Other28/07/2004
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 2025202,8 k €↓
2025
Name changeHE Consulting Services
2024
Annual accounts 2024771,0 k €↑
2023
Annual accounts 2023721,5 k €↑
2022
Annual accounts 2022650,7 k €↑
2021
Annual accounts 2021431,3 k €↑
2020
Annual accounts 2020398,2 k €↑
2019
Annual accounts 2019363,6 k €↓
2018
Annual accounts 2018394,6 k €↑
2017
Annual accounts 2017320,1 k €↓
2016
Annual accounts 2016349,5 k €↑
2015
Annual accounts 2015325,0 k €↑
2014
Annual accounts 2014255,5 k €↓
2013
Annual accounts 2013283,9 k €↑
2012
Annual accounts 2012207,0 k €↓
2011
Annual accounts 2011223,7 k €↑
2010
Annual accounts 2010217,1 k €↑
2009
Annual accounts 2009205,0 k €↓
2008
Annual accounts 2008220,1 k €↓
2007
Annual accounts 2007225,5 k €↑
2006
Annual accounts 2006117,0 k €
2006
Name changeHARRY EVERAERTS BEDRIJFSREVISOR
19/07/2004
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

HE Consulting Services

Overview

What does HE Consulting Services do?

Trend over 20 financial years

Indicative valuation

Board of directors

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