ACTIVE

HLS

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Financial year 2025 · closed on 31/12/2025

Net result

58,8 €

+100.2% YoY

Gross margin

22,1 k €

+526.3% YoY

Equity

84,2 k €

+0.1% YoY

What does HLS do?

HLS is a Private limited company incorporated in 2006. Its registered office is in Balen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.040.607

Incorporation

02/05/2006

Legal form

Private limited company

Registered office

Meerhoutsebaan 99
2491 Balen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	22,1 k €	+526%	-5,2 k €	-105%	109,4 k €	+26.9%	86,2 k €	+7.8%	80,0 k €	+3.0%	77,6 k €	+13.4%	68,5 k €	+28.7%	53,2 k €	-6.1%	56,7 k €	+18.4%	47,9 k €	-6.7%	51,3 k €	+44.9%	35,4 k €	-27.3%	48,7 k €	+0.4%	48,5 k €	+19.4%	40,6 k €	-10.2%	45,2 k €	-0.2%	45,3 k €	+79.9%	25,2 k €	+203%	8,3 k €
EBITDA	20,3 k €	+293%	-10,5 k €	-110%	104,9 k €	+32.0%	79,4 k €	+3.6%	76,7 k €	+1.3%	75,7 k €	+17.1%	64,7 k €	+28.8%	50,2 k €	-6.2%	53,6 k €	+20.3%	44,5 k €	-7.8%	48,3 k €	+47.5%	32,7 k €	-25.7%	44,1 k €	+3.8%	42,5 k €	+16.7%	36,4 k €	-11.5%	41,1 k €	+2.1%	40,3 k €	+94.6%	20,7 k €	+267%	5,6 k €
Operating result	2,8 k €	+111%	-25,9 k €	-134%	77,4 k €	+113%	36,4 k €	+52.4%	23,9 k €	+11.3%	21,5 k €	+131%	9,3 k €	+37.8%	6,8 k €	-21.8%	8,6 k €	-5.0%	9,1 k €	-10.5%	10,2 k €	+51.8%	6,7 k €	-1.8%	6,8 k €	+8.2%	6,3 k €	-21.0%	8,0 k €	+52.6%	5,2 k €	-52.6%	11,0 k €	+62.4%	6,8 k €	+662%	-1,2 k €
Net result	58,8 €	+100%	-28,7 k €	-155%	51,9 k €	+125%	23,0 k €	+100%	11,5 k €	-16.0%	13,7 k €	+439%	2,5 k €	+1336%	177,0 €	+5800%	3,0 €	-97.8%	134,0 €	+2133%	6,0 €	-70.0%	20,0 €	-98.2%	1,1 k €	+27850%	4,0 €	-80.0%	20,0 €	+101%	-1,9 k €	-170%	2,7 k €	+816%	-381,0 €	+96.3%	-10,3 k €
Balance sheet
Equity	84,2 k €	+0.1%	84,2 k €	-25.4%	112,9 k €	+85.0%	61,0 k €	+60.7%	38,0 k €	+43.5%	26,4 k €	+108%	12,7 k €	+24.9%	10,2 k €	+1.8%	10,0 k €	+0.0%	10,0 k €	+1.4%	9,9 k €	+0.1%	9,9 k €	+0.2%	9,9 k €	+12.8%	8,7 k €	+0.0%	8,7 k €	+0.2%	8,7 k €	-17.9%	10,6 k €	+34.6%	7,9 k €	+291%	-4,1 k €
Total assets	178,4 k €	-8.7%	195,4 k €	-14.6%	228,8 k €	+2.6%	223,0 k €	-10.8%	249,9 k €	+53.3%	163,0 k €	-13.9%	189,4 k €	+11.6%	169,7 k €	-16.5%	203,2 k €	-16.6%	243,6 k €	-11.9%	276,6 k €	+86.1%	148,6 k €	+53.3%	96,9 k €	+0.3%	96,6 k €	-20.6%	121,8 k €	-11.3%	137,3 k €	+18.4%	115,9 k €	-8.8%	127,2 k €	-10.0%	141,4 k €
Cash	0,0 €	-100%	2,0 k €	-94.7%	37,5 k €	+79.9%	20,9 k €	+29.0%	16,2 k €	-46.7%	30,3 k €	+679%	3,9 k €	-71.4%	13,6 k €	+274%	3,6 k €	+51.0%	2,4 k €	-23.2%	3,1 k €	+71.6%	1,8 k €	-69.3%	6,0 k €	-12.6%	6,8 k €	+194%	2,3 k €	-91.0%	25,6 k €	+34916%	73,0 €	-90.6%	775,0 €		–
Debts	94,1 k €	-15.4%	111,3 k €	-4.0%	115,9 k €	-25.0%	154,6 k €	-27.1%	212,0 k €	+55.2%	136,6 k €	-22.7%	176,6 k €	+10.7%	159,5 k €	-17.4%	193,1 k €	-17.3%	233,6 k €	-12.4%	266,7 k €	+92.2%	138,8 k €	+59.3%	87,1 k €	-0.9%	87,9 k €	-22.2%	113,0 k €	-12.1%	128,6 k €	+22.1%	105,3 k €	-11.7%	119,3 k €	-18.0%	145,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Hans Geukens

Director

Active

Lincy Vanderreydt

Director

Active

Ended mandates

Hans Geukens

Manager

Ended

Lincy Vanderreydt

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	15/08/2026	19/09/2025	30/09/2024	08/12/2023	17/05/2022	20/05/2021
General meeting	30/06/2026	10/06/2025	11/06/2024	13/06/2023	09/05/2022	03/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	15/08/2026	Dutch	PDF
Micro model	31/12/2024	10/06/2025	19/09/2025	Dutch	PDF
Micro model	31/12/2023	11/06/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	13/06/2023	08/12/2023	Dutch	PDF
Micro model	31/12/2021	09/05/2022	17/05/2022	Dutch	PDF
Micro model	31/12/2020	03/05/2021	20/05/2021	Dutch	PDF
Micro model	31/12/2019	18/05/2020	29/05/2020	Dutch	PDF
Micro model	31/12/2018	06/05/2019	03/06/2019	Dutch	PDF
Micro model	31/12/2017	02/05/2018	09/05/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	05/05/2017	Dutch	PDF
Abridged model	31/12/2015	03/05/2016	11/05/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	06/05/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	11/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	07/06/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	07/05/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	17/05/2011	Dutch	PDF
Abridged model	31/12/2009	24/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	10/06/2008	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Hans Geukens

Director

Active

Lincy Vanderreydt

Director

Active

Ended mandates

Hans Geukens

Manager

Ended

Lincy Vanderreydt

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/01/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other11/05/2006
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 202558,8 €↑
2024
Annual accounts 2024-28,7 k €↓
2024
Name changeHls
2023
Annual accounts 202351,9 k €↑
2022
Annual accounts 202223,0 k €↑
2021
Annual accounts 202111,5 k €↓
2021
Name changeSlagerij Hans & Lincy
2020
Annual accounts 202013,7 k €↑
2019
Annual accounts 20192,5 k €↑
2018
Annual accounts 2018177,0 €↑
2017
Annual accounts 20173,0 €↓
2016
Annual accounts 2016134,0 €↑
2015
Annual accounts 20156,0 €↓
2014
Annual accounts 201420,0 €↓
2013
Annual accounts 20131,1 k €↑
2012
Annual accounts 20124,0 €↓
2011
Annual accounts 201120,0 €↑
2010
Annual accounts 2010-1,9 k €↓
2009
Annual accounts 20092,7 k €↑
2008
Annual accounts 2008-381,0 €↑
2007
Annual accounts 2007-10,3 k €
02/05/2006
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

HLS

Overview

What does HLS do?

Trend over 19 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