NORMAL SITUATION

HYBRIDES

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Financial year 2024 · closed on 31/12/2024

Net result

56,7 k €

+104.6% YoY

Gross margin

1,6 M €

+10.0% YoY

Equity

258,8 k €

+28.0% YoY

Workforce

44,1 ETP

+0.7% YoY

Company — Normal situation.

Strike-off: 21 août 2026

What does HYBRIDES do?

HYBRIDES is a Private limited company incorporated in 2007. It employs on average 44,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0894.192.916

Incorporation

08/12/2007

Legal form

Private limited company

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

44,1 ETP

Joint committees (2)

218
32201

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,6 M €	+10.0%	1,5 M €	+26.5%	1,2 M €	+9.5%	1,1 M €	-8.2%	1,1 M €	-8.3%	1,3 M €	-10.6%	1,4 M €	+1.1%	1,4 M €	+2.4%	1,4 M €	-2.5%	1,4 M €	-4.4%	1,5 M €	+9.4%	1,3 M €	+0.7%	1,3 M €	+1.3%	1,3 M €	+18.1%	1,1 M €	+18.5%	930,2 k €	+90.4%	488,5 k €
EBITDA	106 k €	+98.0%	53,5 k €	+1917%	2,7 k €	+135%	-7,7 k €	-111%	69,8 k €	+118%	32,1 k €	-52.5%	67,5 k €	+16.4%	57,9 k €	+96.3%	29,5 k €	-45.4%	54 k €	-16.6%	64,7 k €	+27.4%	50,8 k €	-26.5%	69,1 k €	-24.8%	91,9 k €	-12.3%	104,8 k €	-39.2%	172,4 k €	+56.5%	110,2 k €
Operating result	84,7 k €	+161%	32,4 k €	+282%	-17,8 k €	+47.2%	-33,7 k €	-177%	43,7 k €	+345%	9,8 k €	-77.8%	44,4 k €	+28.9%	34,4 k €	+423%	6,6 k €	-80.4%	33,6 k €	-16.1%	40,1 k €	+38.0%	29 k €	-36.4%	45,7 k €	-29.9%	65,2 k €	-22.1%	83,7 k €	-45.4%	153,1 k €	+47.6%	103,8 k €
Net result	56,7 k €	+105%	27,7 k €	+217%	-23,7 k €	+35.9%	-37 k €	-235%	27,5 k €	+844%	-3,7 k €	-116%	22,9 k €	+149%	9,2 k €	+281%	-5,1 k €	-213%	4,5 k €	-61.7%	11,7 k €	+452%	2,1 k €	-89.1%	19,5 k €	-13.4%	22,5 k €	-7.1%	24,2 k €	-73.9%	93 k €	+52.8%	60,8 k €
Balance sheet
Equity	258,8 k €	+28.0%	202,2 k €	+15.9%	174,5 k €	-12.0%	198,2 k €	-15.7%	235,3 k €	+13.2%	207,7 k €	-1.7%	211,4 k €	+12.1%	188,5 k €	+5.1%	179,3 k €	-2.8%	184,4 k €	+2.5%	179,9 k €	+7.0%	168,2 k €	+1.3%	166 k €	+13.3%	146,5 k €	-1.0%	148 k €	-14.8%	173,8 k €	+115%	80,8 k €
Total assets	383,7 k €	+14.5%	335,2 k €	+16.0%	289 k €	-13.9%	335,9 k €	-12.5%	383,7 k €	+8.2%	354,7 k €	-6.3%	378,4 k €	+3.9%	364,2 k €	-0.9%	367,5 k €	-2.2%	375,8 k €	-3.1%	388 k €	-0.7%	390,6 k €	+1.5%	385 k €	+3.1%	373,6 k €	-16.2%	445,7 k €	+6.5%	418,6 k €	+140%	174,5 k €
Cash	17,4 k €	-52.9%	36,9 k €	-57.6%	86,9 k €	-31.8%	127,4 k €	-21.8%	163 k €	+5.1%	155 k €	+44.9%	106,9 k €	-15.2%	126,1 k €	+16.6%	108,2 k €	+105%	52,8 k €	-68.1%	165,6 k €	-11.2%	186,5 k €	+11.4%	167,5 k €	+0.2%	167,1 k €	+115%	77,8 k €	+17.3%	66,3 k €	-36.1%	103,7 k €
Debts	121,2 k €	-8.9%	133 k €	+16.1%	114,5 k €	-3.9%	119,1 k €	-19.8%	148,5 k €	+1.1%	146,9 k €	-12.0%	167 k €	-4.9%	175,7 k €	-6.6%	188,1 k €	-1.7%	191,4 k €	-5.9%	203,4 k €	-8.5%	222,4 k €	+1.6%	218,9 k €	-3.6%	227 k €	-22.3%	292,1 k €	+19.4%	244,8 k €	+204%	80,4 k €
Other
Workforce	44,1 ETP	+0.7%	43,8 ETP	+10.9%	39,5 ETP	+1.0%	39,1 ETP	-5.8%	41,5 ETP	-1.9%	42,3 ETP	-8.8%	46,4 ETP	-0.9%	46,8 ETP	-2.7%	48,1 ETP	+3.2%	46,6 ETP	-1.5%	47,3 ETP	+9.0%	43,4 ETP	-1.4%	44,0 ETP	+4.0%	42,3 ETP	+17.8%	35,9 ETP	+34.5%	26,7 ETP	+96.3%	13,6 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 8 ended

Active mandates

Xavier DESLE

Director · since 08 décembre 2012

Active

Christine CORSELLIS

Director · since 31 janvier 2010

Active

Ended mandates

Christine CORSELLIS

Director · since 19 octobre 2023

Ended

Xavier DESLE

Manager · since 08 décembre 2012

Ended

Christine CORSELIS

Manager · since 31 octobre 2010

Ended

Christine CORSELLIS

Manager · since 31 octobre 2010

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/04/2025	22/04/2024	25/04/2023	21/04/2022	22/04/2021	28/04/2020
General meeting	05/04/2025	06/04/2024	01/04/2023	02/04/2022	03/04/2021	04/04/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	05/04/2025	28/04/2025	French	PDF
Abridged model	31/12/2023	06/04/2024	22/04/2024	French	PDF
Abridged model	31/12/2022	01/04/2023	25/04/2023	French	PDF
Abridged model	31/12/2021	02/04/2022	21/04/2022	French	PDF
Abridged model	31/12/2020	03/04/2021	22/04/2021	French	PDF
Abridged model	31/12/2019	04/04/2020	28/04/2020	French	PDF
Abridged model	31/12/2018	06/04/2019	23/04/2019	French	PDF
Abridged model	31/12/2017	07/04/2018	04/05/2018	French	PDF
Abridged model	31/12/2016	01/04/2017	21/04/2017	French	PDF
Abridged model	31/12/2015	02/04/2016	20/04/2016	French	PDF
Abridged model	31/12/2014	04/04/2015	22/04/2015	French	PDF
Abridged model	31/12/2013	05/04/2014	30/04/2014	French	PDF
Abridged model	31/12/2012	06/04/2013	03/05/2013	French	PDF
Abridged model	31/12/2011	07/04/2012	23/04/2012	French	PDF
Abridged model	31/12/2010	02/04/2011	19/04/2011	French	PDF
Abridged model	31/12/2009	03/04/2010	22/04/2010	French	PDF
Abridged model	31/12/2008	04/04/2009	28/04/2009	French	PDF

Estimate

Indicative valuation

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 31/12/2024 · 2 active · 8 ended

Active mandates

Xavier DESLE

Director · since 08 décembre 2012

Active

Christine CORSELLIS

Director · since 31 janvier 2010

Active

Ended mandates

Christine CORSELLIS

Director · since 19 octobre 2023

Ended

Xavier DESLE

Manager · since 08 décembre 2012

Ended

Christine CORSELIS

Manager · since 31 octobre 2010

Ended

Christine CORSELLIS

Manager · since 31 octobre 2010

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

31/08/2026
—
PDF
Restructuring08/05/2026
Projet de fusion par absorption de la SRL HYBRIDES par la SC
PDF
Mandates05/12/2025
Démission/ nomination mandat administrateur - représentant permanent et
PDF
Mandates25/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates05/02/2010
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other24/12/2007
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 202456,7 k €↑
2023
Annual accounts 202327,7 k €↑
2022
Annual accounts 2022-23,7 k €↑
2021
Annual accounts 2021-37 k €↓
2020
Annual accounts 202027,5 k €↑
2019
Annual accounts 2019-3,7 k €↓
2018
Annual accounts 201822,9 k €↑
2017
Annual accounts 20179,2 k €↑
2016
Annual accounts 2016-5,1 k €↓
2015
Annual accounts 20154,5 k €↓
2014
Annual accounts 201411,7 k €↑
2013
Annual accounts 20132,1 k €↓
2012
Annual accounts 201219,5 k €↓
2011
Annual accounts 201122,5 k €↓
2010
Annual accounts 201024,2 k €↓
2009
Annual accounts 200993 k €↑
2008
Annual accounts 200860,8 k €
08/12/2007
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

HYBRIDES

Overview

What does HYBRIDES do?

Trend over 17 financial years

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