ACTIVE

HIGEOS

Financial year 2025 · closed on 31/12/2025
Net result
-23,9 k €
-62123.7% YoY
Gross margin
-26,3 k €
-226.4% YoY
Equity
145,2 k €
-14.1% YoY

What does HIGEOS do?

HIGEOS is a Private company with limited liability incorporated in 2004. Its main activity is: Technical testing and analysis. Its registered office is in Seraing.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.415.669
Incorporation
24/09/2004
Legal form
Private company with limited liability
Registered office
Rue du Houx 30
4100 Seraing · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-26,3 k €-8,1 k €1,3 k €1,4 k €88,7 k €36,5 k €1 k €313 €333,2 €188,8 €262,4 €1,3 k €1,1 k €19,7 k €65,4 k €117,8 k €171,6 k €165,2 k €217,4 k €224,6 k €
EBITDA-26,7 k €-8,5 k €896,4 €1,1 k €88,3 k €36,1 k €664 €-34,5 €333,2 €-158,7 €-85,2 €946 €720 €19,3 k €65,1 k €74,2 k €124,5 k €125,3 k €180,2 k €183 k €
Operating result-26,7 k €-8,5 k €896,4 €1,1 k €88,3 k €36,1 k €664 €-34,5 €333,2 €-158,7 €-85,2 €946 €720 €19,3 k €65,1 k €74,2 k €124 k €124,8 k €180,2 k €183 k €
Net result-23,9 k €-38,4 €466,9 €521,3 €59,9 k €24,4 k €376,9 €-129,1 €478,1 €618,1 €483,1 €1,8 k €1,9 k €13,9 k €43,7 k €51 k €82,1 k €83,3 k €120,6 k €122,2 k €
Balance sheet
Equity145,2 k €169,1 k €169,2 k €168,7 k €168,2 k €108,3 k €83,8 k €83,4 k €83,6 k €83,1 k €82,5 k €82 k €80,2 k €78,3 k €64,4 k €20,7 k €109,2 k €27 k €23,7 k €23,1 k €
Total assets146,2 k €174,6 k €225,6 k €244 k €196,9 k €152,8 k €94,7 k €119,4 k €124,3 k €112,5 k €129,6 k €112,8 k €106,2 k €119,6 k €75,4 k €190,9 k €163,3 k €143,5 k €228 k €251,7 k €
Cash141 k €4 k €3,1 k €224,1 k €121,6 k €130,4 k €76,6 k €10,7 k €8,1 k €1,7 k €7,1 k €10,8 k €6,7 k €6,3 k €27,6 k €98,9 k €102,1 k €83,8 k €14,9 k €62,2 k €
Debts1 k €1,3 k €25,2 k €9,1 k €8,7 k €4 k €9,9 k €30,4 k €17,1 k €9,4 k €21,7 k €5,4 k €3,3 k €41,3 k €11 k €170,2 k €51,7 k €116,4 k €181,2 k €228,6 k €
Other
Workforce1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

ISIDRO COCINAS

Mandate

Active

Ended mandates

COCINAS ISIDRO

Mandate

Ended
Isidro COCINAS Y GARCIA

Mandate

Ended
Isidro COCINAS Y GARCIA

Manager

Ended
Annual accounts

Full financial information

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 date10/07/202615/09/202527/08/202427/06/202317/06/202208/06/2021
General meeting10/07/202612/09/202523/08/202421/06/202315/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202610/07/2026FrenchPDF
Abridged model31/12/202412/09/202515/09/2025FrenchPDF
Abridged model31/12/202323/08/202427/08/2024FrenchPDF
Abridged model31/12/202221/06/202327/06/2023FrenchPDF
Abridged model31/12/202115/06/202217/06/2022FrenchPDF
Abridged model31/12/202004/06/202108/06/2021FrenchPDF
Abridged model31/12/201928/10/202029/10/2020FrenchPDF
Abridged model31/12/201820/09/201924/09/2019FrenchPDF
Abridged model31/12/201716/08/201817/08/2018FrenchPDF
Abridged model31/12/201603/08/201708/09/2017FrenchPDF
Abridged model31/12/201526/08/201631/08/2016FrenchPDF
Abridged model31/12/201408/09/201509/09/2015FrenchPDF
Abridged model31/12/201328/08/201429/08/2014FrenchPDF
Abridged model31/12/201209/07/201310/07/2013FrenchPDF
Abridged model31/12/201120/11/201221/11/2012FrenchPDF
Abridged model31/12/201012/10/201113/10/2011FrenchPDF
Abridged model31/12/200924/11/201025/11/2010FrenchPDF
Abridged model31/12/200813/07/200913/07/2009FrenchPDF
Abridged model31/12/200701/07/200824/07/2008FrenchPDF
Abridged model31/12/200603/08/200724/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

ISIDRO COCINAS

Mandate

Active

Ended mandates

COCINAS ISIDRO

Mandate

Ended
Isidro COCINAS Y GARCIA

Mandate

Ended
Isidro COCINAS Y GARCIA

Manager

Ended
Shareholders

Ownership and network

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Competition

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 2025-23,9 k €
  2. 2024
    Annual accounts 2024-38,4 €
  3. 2023
    Annual accounts 2023466,9 €
  4. 2022
    Annual accounts 2022521,3 €
  5. 2021
    Annual accounts 202159,9 k €
  6. 2020
    Annual accounts 202024,4 k €
  7. 2019
    Annual accounts 2019376,9 €
  8. 2018
    Annual accounts 2018-129,1 €
  9. 2017
    Annual accounts 2017478,1 €
  10. 2016
    Annual accounts 2016618,1 €
  11. 2015
    Annual accounts 2015483,1 €
  12. 2014
    Annual accounts 20141,8 k €
  13. 2013
    Annual accounts 20131,9 k €
  14. 2012
    Annual accounts 201213,9 k €
  15. 2011
    Annual accounts 201143,7 k €
  16. 2010
    Annual accounts 201051 k €
  17. 2009
    Annual accounts 200982,1 k €
  18. 2008
    Annual accounts 200883,3 k €
  19. 2007
    Annual accounts 2007120,6 k €
  20. 2006
    Annual accounts 2006122,2 k €
  21. 24/09/2004
    IncorporationPrivate company with limited liability