HTB (0821.714.120): financials and annual accounts

HTB

Antwerp ·KBO/BCE: BE 0821.714.120

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Balance sheet: assets
Total assets`20/58`	792,711	649,621	522,587	374,725	277,381	337,502	274,677	301,317	238,396	229,140	181,896	204,455	198,794	184,637	191,442
Fixed assets`21/28`	190,675	221,473	178,369	119,273	93,191	106,864	139,589	139,617	159,304	154,508	150,127	164,405	173,752	161,923	167,544
Tangible fixed assets`22/27`	190,675	221,473	178,369	119,273	93,191	106,864	121,162	139,617	159,304	154,508	150,127	164,405	173,752	161,923	167,544
Land and buildings`22`	89,409	107,997	125,302	95,010	84,518	95,372	106,227	118,211	130,033	141,855	147,013	159,055	169,932	159,368	165,047
Plant, machinery and equipment`23`	10,186	11,817	17,395	9,137	-	315	631	1,462	2,679	975	564	1,525	3,224	1,429	887
Furniture and vehicles`24`	91,080	101,660	35,671	15,126	8,673	11,176	14,304	19,944	26,592	11,678	2,550	3,825	596	1,126	1,611
Financial fixed assets`28`	-	-	-	-	-	-	18,428	-	-	-	-	-	-	-	-
Current assets`29/58`	602,036	428,148	344,218	255,452	184,190	230,637	135,087	161,701	79,092	74,632	31,769	40,050	25,042	22,714	23,897
Stocks and contracts in progress`3`	33,112	52,284	27,850	16,090	14,543	16,773	17,064	59,279	16,821	11,313	4,149	-	-	2,459	3,074
Stocks`30/36`	33,112	52,284	27,850	16,090	14,543	16,773	17,064	59,279	16,821	11,313	4,149	-	-	2,459	3,074
Amounts receivable within one year`40/41`	280,591	157,733	145,013	168,199	88,353	164,856	98,005	30,176	44,345	55,847	15,631	24,007	10,986	12,116	9,892
Trade receivables`40`	205,528	157,733	144,950	168,136	88,318	163,416	93,272	30,176	44,345	55,847	15,631	24,007	10,087	10,533	5,701
Other amounts receivable`41`	75,063	-	63	63	36	1,440	4,733	-	-	-	-	-	899	1,584	4,191
Current investments`50/53`	222,046	145,000	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	57,825	67,328	165,500	66,283	77,277	45,190	17,101	67,932	17,926	6,135	9,914	13,997	12,252	8,139	10,932
Deferred charges and accrued income`490/1`	8,461	5,804	5,856	4,881	4,017	3,818	2,917	4,313	-	1,337	2,074	2,046	1,803	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	792,711	649,621	522,587	374,725	277,381	337,502	274,677	301,317	238,396	229,140	181,896	204,455	198,794	184,637	191,442
Equity`10/15`	631,034	492,759	384,771	236,091	130,995	25,820	48,072	35,600	14,743	15,477	6,863	6,445	5,099	-86	2,195
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Reserves`13`	610,757	472,481	364,494	215,814	110,717	22,717	22,717	22,717	1,860	1,860	40	15	-	-	-
Non-distributable reserves`130/1`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	40	15	-	-	-
Reserves not available under the articles`1311`	-	-	-	-	1,860	1,860	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	610,757	472,481	364,494	215,814	108,857	20,857	20,857	20,857	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	7,878	7,878	7,878	7,878	7,878	-3,097	19,155	6,683	6,683	7,417	623	230	-1,101	-6,286	-4,005
Amounts payable`17/49`	161,677	156,863	137,816	138,634	146,386	311,682	226,605	265,718	223,653	213,663	175,033	198,010	193,695	184,724	189,247
Amounts payable after more than one year`17`	67,085	82,439	55,016	63,756	74,130	85,436	99,745	113,624	127,089	110,140	116,399	122,377	128,086	133,538	138,744
Financial debts`170/4`	67,085	82,439	55,016	63,756	74,130	85,436	99,745	113,624	127,089	110,140	116,399	122,377	128,086	133,538	138,744
Amounts payable within one year`42/48`	93,908	73,740	82,117	73,511	72,257	224,879	125,493	149,977	95,197	102,156	57,266	75,633	65,610	51,186	50,502
Current portion of amounts payable after more than one year`42`	34,859	20,077	23,053	17,513	11,306	64,309	22,219	13,465	13,067	6,260	5,978	5,709	5,452	5,207	4,972
Trade debts`44`	10,854	17,718	15,883	13,501	9,237	23,283	16,047	2,240	17,146	20,982	7,217	13,222	2,935	2,733	3,921
Suppliers`440/4`	10,854	17,718	15,883	13,501	9,237	23,283	16,047	2,240	17,146	20,982	7,217	13,222	2,935	2,733	3,921
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	-	422	-	-
Taxes, remuneration and social security`45`	48,195	28,769	36,008	39,814	27,734	21,132	10,963	18,947	6,835	13,836	4,081	9,304	3,566	1,874	-
Taxes`450/3`	48,195	28,769	36,008	39,814	27,734	21,132	10,963	18,947	6,835	13,836	4,081	9,304	3,566	1,874	-
Other amounts payable`47/48`	-	7,177	7,173	2,683	23,979	116,155	76,264	115,325	58,148	61,079	39,991	47,399	53,235	41,373	41,609
Accrued charges and deferred income`492/3`	684	684	684	1,367	-	1,367	1,367	2,117	1,367	1,367	1,367	-	-	-	-
Income statement
Gross operating margin`9900`	374,439	224,475	250,542	183,034	168,869	15,039	76,209	99,165	32,981	41,576	26,809	31,773	38,334	20,607	26,395
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	42,824	29,127	20,971	16,366	19,017	18,284	19,715	19,687	20,866	17,203	14,278	15,612	14,108	12,173	19,425
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-9,477	-	-	-	9,477	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	2,918	13,145	3,389	4,231	2,073	2,151	2,366	2,257	5,690	827	2,091	2,181	5,809	2,691	1,505
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	133	-	-	-	-	-	-	-
Operating profit (loss)`9901`	328,696	191,680	226,183	162,436	147,778	-14,874	54,127	77,087	6,425	23,546	10,440	13,980	18,417	5,743	5,465
Financial income`75/76B`	9,412	2,130	2,172	2,631	2,023	1,838	1,328	1,228	601	199	287	330	1,100	1,685	122
Recurring financial income`75`	9,412	2,130	2,172	2,631	2,023	1,838	1,328	1,228	601	199	287	330	1,100	1,685	122
Financial charges`65/66B`	7,985	7,238	8,031	8,033	8,311	9,216	7,671	7,389	6,394	6,516	7,432	7,553	7,417	7,835	9,592
Recurring financial charges`65`	7,985	7,238	8,031	8,033	8,311	9,216	7,671	7,389	6,394	6,516	7,432	7,553	7,417	7,835	9,592
Profit (loss) for the period before taxes`9903`	330,123	186,571	220,324	157,034	141,490	-22,252	47,785	70,927	632	17,229	3,295	6,758	12,101	-407	-4,005
Income taxes`67/77`	103,848	57,727	65,644	51,937	42,515	-	5,313	14,070	1,366	8,615	2,877	5,412	6,916	1,874	-
Profit (loss) for the period`9904`	226,276	128,844	154,680	105,097	98,975	-22,252	42,472	56,857	-734	8,614	418	1,346	5,185	-2,281	-4,005
Profit (loss) for the period to be appropriated`9905`	226,276	128,844	154,680	105,097	98,975	-22,252	42,472	56,857	-734	8,614	418	1,346	5,185	-2,281	-4,005
Appropriation of the result
Profit (loss) to be appropriated`9906`	234,153	136,722	162,558	112,975	95,878	-3,097	49,155	63,540	6,683	9,237	648	245	-1,101	-6,286	-4,005
Profit (loss) brought forward from the previous period`14P`	7,878	7,878	7,878	7,878	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	88,000	20,857	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	226,276	128,844	148,680	105,097	88,000	-	-	20,857	-	1,820	25	15	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	1,820	25	15	-	-	-
To other reserves`6921`	226,276	128,844	148,680	105,097	88,000	-	-	20,857	-	-	-	-	-	-	-
Profit to be distributed`694/7`	88,000	20,857	6,000	-	-	-	30,000	36,000	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	88,000	20,857	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	6,000	-	-	-	30,000	36,000	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	08-06-2026	2026-00144452	PDF
31-12-2024	abbreviated format	11-06-2025	2025-00132213	PDF
31-12-2023	abbreviated format	17-06-2024	2024-00134746	PDF
31-12-2022	micro format	13-06-2023	2023-00122366	PDF
30-09-2021	micro format	15-03-2022	2022-07700511	PDF
30-09-2020	micro format	30-03-2021	2021-09100346	PDF
30-09-2019	micro format	27-04-2020	2020-09900351	PDF
30-09-2018	micro format	26-03-2019	2019-08000276	PDF
30-09-2017	micro format	30-03-2018	2018-08900052	PDF
30-09-2016	abbreviated format	23-03-2017	2017-07100148	PDF
30-09-2015	abbreviated format	04-04-2016	2016-09600591	PDF
30-09-2014	abbreviated format	30-03-2015	2015-08100213	PDF
30-09-2013	abbreviated format	09-04-2014	2014-09100540	PDF
30-09-2012	abbreviated format	30-04-2013	2013-10800308	PDF
30-09-2011	abbreviated format	13-04-2012	2012-08600225	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
EBITDA	371,520	220,807	247,154	178,802	166,795	3,411	73,842	96,774	27,291	40,749	24,718	29,592	32,525	17,916	24,890
Cash flow	269,099	157,972	175,651	121,463	117,992	-3,968	62,187	76,544	20,132	25,818	14,696	16,958	19,293	9,891	15,420
Investment in fixed assets (approximation)	12,026	72,231	81,375	42,448	5,345	3,987	19,688	0	36,365	24,135	0	6,265	25,937	6,551	186,969
Change in cash	-9,502	-98,172	99,217	-10,994	32,086	28,089	-50,831	50,007	11,790	-3,779	-4,083	1,745	4,113	-2,793	-
Working capital	508,128	354,408	262,101	181,941	111,933	5,759	9,595	11,724	-16,105	-27,525	-25,498	-35,584	-40,568	-28,472	-26,605
Solvency	79.6%	75.9%	73.6%	63.0%	47.2%	7.7%	17.5%	11.8%	6.2%	6.8%	3.8%	3.2%	2.6%	0.0%	1.1%
Current ratio	6.41	5.81	4.19	3.48	2.55	1.03	1.08	1.08	0.83	0.73	0.55	0.53	0.38	0.44	0.47
Quick ratio	6.06	5.10	3.85	3.26	2.35	0.95	0.94	0.68	0.65	0.62	0.48	0.53	0.38	0.40	0.41
Debt to equity	0.26	0.32	0.36	0.59	1.12	12.07	4.71	7.46	15.17	13.81	25.50	30.72	37.99	-	86.22
ROE	35.9%	26.1%	40.2%	44.5%	75.6%	-86.2%	88.4%	159.7%	-5.0%	55.7%	6.1%	20.9%	101.7%	-	-182.5%
ROA	28.5%	19.8%	29.6%	28.0%	35.7%	-6.6%	15.5%	18.9%	-0.3%	3.8%	0.2%	0.7%	2.6%	-1.2%	-2.1%
Interest coverage	46.53	30.51	30.78	22.26	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022
Debts secured on the company's own assets	€45,864	€55,016	€63,756	-
Mortgage mandates	€150,000	€150,000	€150,000	-

Item	2025	2024	2023	2022
Tangible fixed assets	€12,026	€72,231	€81,375	€42,448
Depreciation and write-downs of the year	€42,824	€29,127	€20,971	€16,366

HTB

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency79.6%

Current ratio6.41

Return on assets28.5%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on HTB

Next steps