ACTIVE

HIFFERMAN

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Financial year 2025 · closed on 31/12/2025

Net result

2,5 M €

-16.8% YoY

Revenue

3,7 M €

+17.9% YoY

Equity

32 M €

+8.4% YoY

Workforce

17,1 ETP

+22.1% YoY

What does HIFFERMAN do?

HIFFERMAN is a Public limited company incorporated in 2006. Its main activity is: Activities of holding companies. Its registered office is in Aartselaar. It employs on average 17,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0885.803.703

Incorporation

18/12/2006

Legal form

Public limited company

Registered office

Groenenhoek 134
2630 Aartselaar · FlandreSee on map

Contributed capital

12 500 000,00 €

Latest accounts

31/12/2025

Average workforce

17,1 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Joint committees (2)

200
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	3,7 M €	+17.9%	3,2 M €	-6.7%	3,4 M €	+13.4%	3 M €	-1.9%	3,1 M €	-10.7%	3,4 M €	-5.9%	3,6 M €	+436%	681,2 k €	+417%	131,8 k €	-6.7%	141,2 k €	+9.5%	129 k €	+1.9%	126,6 k €	+1.3%	125 k €	+17.1%	106,7 k €	+25.1%	85,3 k €	+0.3%	85,1 k €	+10.4%	77 k €	+2.7%	75 k €		–
EBITDA	953,1 k €	+0.5%	948,7 k €	-15.8%	1,1 M €	+22.3%	921,6 k €	-4.3%	963,4 k €	-25.4%	1,3 M €	-15.3%	1,5 M €	+2776%	53,1 k €	-54.4%	116,3 k €	-2.7%	119,6 k €	+46.1%	81,8 k €	+1.5%	80,6 k €	-6.0%	85,7 k €	+15.1%	74,5 k €	+24.1%	60 k €	-12.9%	68,9 k €	+12.7%	61,2 k €	+36.5%	44,8 k €	+407%	-14,6 k €
Operating result	875,9 k €	+0.2%	873,7 k €	-15.8%	1 M €	+22.7%	845,6 k €	-7.0%	909,4 k €	-24.6%	1,2 M €	-16.6%	1,4 M €	+3086%	45,4 k €	-61.0%	116,3 k €	-2.7%	119,6 k €	+46.1%	81,8 k €	+1.5%	80,6 k €	-6.0%	85,7 k €	+15.1%	74,5 k €	+24.1%	60 k €	-12.9%	68,9 k €	+12.7%	61,2 k €	+36.5%	44,8 k €	+407%	-14,6 k €
Net result	2,5 M €	-16.8%	3 M €	-12.4%	3,4 M €	+22.0%	2,8 M €	+90.4%	1,5 M €	-36.2%	2,3 M €	+60.1%	1,4 M €	+2948%	-50,5 k €	-271%	29,5 k €	+8.0%	27,3 k €	+1008%	2,5 k €	+31.5%	1,9 k €	-66.8%	5,7 k €	-99.5%	1,2 M €	+1955%	60,1 k €	+20.9%	49,7 k €	+20.2%	41,3 k €	+17.8%	35,1 k €	+340%	-14,6 k €
Balance sheet
Equity	32 M €	+8.4%	29,5 M €	+11.3%	26,5 M €	+14.8%	23,1 M €	-0.9%	23,3 M €	+6.7%	21,8 M €	+25.8%	17,4 M €	+9.0%	15,9 M €	-18.2%	19,5 M €	+0.2%	19,4 M €	+0.1%	19,4 M €	+0.0%	19,4 M €	+0.0%	19,4 M €	+0.0%	19,4 M €	-3.8%	20,2 M €	-8.9%	22,1 M €	+0.2%	22,1 M €	+0.2%	22 M €	+0.2%	22 M €
Total assets	38,8 M €	+4.2%	37,2 M €	+20.3%	30,9 M €	+12.6%	27,5 M €	+5.6%	26 M €	-4.1%	27,1 M €	+11.0%	24,5 M €	+2.4%	23,9 M €	+15.5%	20,7 M €	+0.1%	20,7 M €	+0.2%	20,6 M €	-0.1%	20,6 M €	+0.0%	20,6 M €	-0.0%	20,6 M €	-0.5%	20,7 M €	-13.1%	23,9 M €	+5.8%	22,5 M €	+2.2%	22,1 M €	+0.2%	22 M €
Cash	269,5 k €	-45.1%	490,7 k €	-78.9%	2,3 M €	-18.8%	2,9 M €	+87.7%	1,5 M €	-42.4%	2,6 M €	+273%	709,4 k €	+32.4%	535,9 k €	+548%	82,7 k €	+24.7%	66,3 k €	+391%	13,5 k €	-69.4%	44,2 k €	+21.8%	36,3 k €	+129%	15,8 k €	-86.2%	114,7 k €	+213%	36,6 k €	-72.3%	132,3 k €	+251%	37,6 k €	+193%	12,8 k €
Debts	6,7 M €	-11.9%	7,6 M €	+75.3%	4,3 M €	+1.8%	4,3 M €	+59.8%	2,7 M €	-48.9%	5,2 M €	-26.0%	7 M €	-11.5%	8 M €	+561%	1,2 M €	-1.1%	1,2 M €	+1.0%	1,2 M €	-1.7%	1,2 M €	+0.7%	1,2 M €	-0.9%	1,2 M €	+125%	547,5 k €	-68.1%	1,7 M €	+276%	456 k €	+8032%	5,6 k €	+12.2%	5 k €
Other
Workforce	17,1 ETP	+22.1%	14,0 ETP	-0.7%	14,1 ETP	+11.0%	12,7 ETP	+0.8%	12,6 ETP	-4.5%	13,2 ETP	+20.0%	11,0 ETP	-6.8%	11,8 ETP		–		–		–		–		–		–		–		–		–		–		–

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 · 3 active · 28 ended

Active mandates

Jasper Van Hemelrijk

Director · since 06 juin 2024 · until 27 avril 2030

Active

Marijke Vandebroeck

Managing director · since 06 juin 2024 · until 27 avril 2030

Active

Theophiel Marc Van Hemelrijk

Managing director · since 06 juin 2024 · until 27 avril 2030

Active

Ended mandates

Jasper Van Hemelrijk

Director · since 03 juin 2020 · until 03 mai 2024

Ended

Jasper Van Hemelrijk

Director · since 03 juin 2020 · until 06 juin 2024

Ended

Marijke Vandebroeck

Managing director · since 03 mai 2018 · until 03 mai 2024

Ended

Marijke Vandebroeck

Managing director · since 03 mai 2018 · until 06 juin 2024

Ended

At this address

Other companies at this address

Company	CBE no.
HATVANY● Active	0534.425.656
ORIGO● Active	0447.280.361

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	13/07/2026	18/06/2025	09/07/2024	26/06/2023	05/07/2022	09/08/2022
General meeting	08/07/2026	12/06/2025	06/06/2024	26/05/2023	03/06/2022	11/02/2022
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

28 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/07/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	12/06/2025	18/06/2025	Dutch	PDF
m120-f-p	31/12/2024	12/06/2025	18/06/2025	Dutch	PDF
Full model	31/12/2023	06/06/2024	09/07/2024	Dutch	PDF
m120-f-p	31/12/2023	06/06/2024	09/07/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	26/06/2023	Dutch	PDF
m120-f-p	31/12/2022	26/05/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	05/07/2022	Dutch	PDF
m120-f-p	31/12/2021	03/06/2022	17/06/2022	Dutch	PDF
Full modelCorrection	31/12/2020	11/02/2022	09/08/2022	Dutch	PDF
Full model	31/12/2020	11/02/2022	14/02/2022	Dutch	PDF
m120-f-p	31/12/2020	01/01/9999	24/02/2022	Dutch	PDF
Full model	31/12/2019	03/06/2020	23/06/2020	Dutch	PDF
m120-f-p	31/12/2019	30/06/2020	04/09/2020	Dutch	PDF
Full model	31/12/2018	26/06/2019	12/07/2019	Dutch	PDF
m120-f-p	31/12/2018	26/06/2019	13/08/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	10/08/2018	Dutch	PDF
Full model	31/12/2016	07/06/2017	18/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	22/06/2015	30/06/2015	Dutch	PDF
Full model	31/12/2013	12/06/2014	08/07/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	03/05/2012	08/05/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	11/07/2011	Dutch	PDF

View all 28 filings

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 · 3 active · 28 ended

Active mandates

Jasper Van Hemelrijk

Director · since 06 juin 2024 · until 27 avril 2030

Active

Marijke Vandebroeck

Managing director · since 06 juin 2024 · until 27 avril 2030

Active

Theophiel Marc Van Hemelrijk

Managing director · since 06 juin 2024 · until 27 avril 2030

Active

Ended mandates

Jasper Van Hemelrijk

Director · since 03 juin 2020 · until 03 mai 2024

Ended

Jasper Van Hemelrijk

Director · since 03 juin 2020 · until 06 juin 2024

Ended

Marijke Vandebroeck

Managing director · since 03 mai 2018 · until 03 mai 2024

Ended

Marijke Vandebroeck

Managing director · since 03 mai 2018 · until 06 juin 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates01/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/08/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring18/05/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates31/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2018
ONTSLAGEN - BENOEMINGEN
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 20252,5 M €↓
2024
Annual accounts 20243 M €↓
2023
Annual accounts 20233,4 M €↑
2022
Annual accounts 20222,8 M €↑
2021
Annual accounts 20211,5 M €↓
2020
Annual accounts 20202,3 M €↑
2018
Annual accounts 20181,4 M €↑
2017
Annual accounts 2017-50,5 k €↓
2016
Annual accounts 201629,5 k €↑
2015
Annual accounts 201527,3 k €↑
2014
Annual accounts 20142,5 k €↑
2013
Annual accounts 20131,9 k €↓
2012
Annual accounts 20125,7 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 201060,1 k €↑
2009
Annual accounts 200949,7 k €↑
2008
Annual accounts 200841,3 k €↑
2007
Annual accounts 200735,1 k €↑
2006
Annual accounts 2006-14,6 k €
18/12/2006
IncorporationPublic 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

HIFFERMAN

Overview

What does HIFFERMAN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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