Projects HBP
Annual accounts 2025
abbreviated format, filed on 28-05-2026, 64 days before the deadline€406,771
▼ 3.4%
€406,771
▼ 1.4%
-
-
32.8%
▲ 3.3 percentage points
1.49
▲ 0.07
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €960,000. Estimated: probably between €580,000 and €1.6m.
Money flows
no detail for 2025Balance sheet
balance sheet total €7.0m on 31-12-2025What the company ownsHow it is paid for
in €m
in euro
Position in the sector
32.8%
Higher than 42% of 529 companies in 2025.
1.49
Higher than 49% of 520 companies in 2025.
3.3%
Higher than 43% of 519 companies in 2025.
Projects HBP
Middle half of the sector
80% of the sector
Abbreviated accounts in civil engineering (NACE 42)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
7.0m | 7.3m | 10.0m | 8.4m | 6.5m | 4.9m | 2.6m | 3.0m | 5.0m | 2.9m | 2.9m | 3.4m | 3.6m | 1.9m | 1.0m | |
29/58 |
7.0m | 7.3m | 10.0m | 8.4m | 6.5m | 4.9m | 2.6m | 3.0m | 5.0m | 2.9m | 2.9m | 3.4m | 3.6m | 1.9m | 1.0m | |
3 |
6.6m | 7.3m | 9.7m | 8.2m | 6.0m | 4.8m | 2.3m | 2.6m | 4.1m | 2.3m | 2.7m | 2.9m | 1.7m | 445,552 | 30,328 | |
30/36 |
6.6m | 7.3m | 9.7m | 8.2m | 6.0m | 4.8m | 2.3m | 2.6m | 4.1m | 2.3m | 2.7m | 2.9m | 1.7m | 445,552 | 30,328 | |
40/41 |
110,500 | - | 31,133 | 157,647 | 115,821 | 49,219 | 161,158 | 60,680 | 317,190 | 141,729 | 131,809 | 27,000 | 1.7m | 1.3m | 908,359 | |
40 |
110,500 | - | - | 116,500 | 86,100 | 19,880 | 116,880 | 19,880 | 317,190 | 139,640 | 129,680 | 27,000 | 1.7m | 1.3m | 908,359 | |
41 |
- | - | 31,133 | 41,147 | 29,721 | 29,339 | 44,278 | 40,800 | - | 2,089 | 2,129 | - | 14,489 | - | - | |
54/58 |
337,631 | 53,814 | 209,847 | 25,124 | 336,515 | 87,258 | 128,945 | 378,646 | 583,296 | 487,971 | 62,839 | 418,226 | 156,283 | 149,544 | 106,708 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
7.0m | 7.3m | 10.0m | 8.4m | 6.5m | 4.9m | 2.6m | 3.0m | 5.0m | 2.9m | 2.9m | 3.4m | 3.6m | 1.9m | 1.0m | |
10/15 |
2.3m | 2.2m | 2.0m | 1.8m | 1.4m | 1.2m | 1.1m | 1.0m | 1.0m | 990,593 | 853,287 | 783,462 | 756,993 | 593,228 | 308,012 | |
10/11 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
10 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | - | - | - | - | - | - | - | - | - | - | |
100 |
75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | 75,000 | |
13 |
2.2m | 2.1m | 1.9m | 1.8m | 1.3m | 1.2m | 1.0m | 968,096 | 963,832 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |
130/1 |
7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | - | - | - | - | - | - | - | - | - | |
130 |
7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | |
133 |
2.2m | 2.1m | 1.9m | 1.7m | 1.3m | 1.2m | 1.0m | 960,596 | 956,332 | - | - | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | - | 908,093 | 770,787 | 700,962 | 674,493 | 510,728 | 225,512 | |
17/49 |
4.7m | 5.2m | 8.0m | 6.5m | 5.1m | 3.7m | 1.5m | 2.0m | 4.0m | 1.9m | 2.0m | 2.6m | 2.8m | 1.3m | 737,382 | |
17 |
- | - | - | - | 1,350 | - | - | - | - | - | - | - | - | - | - | |
178/9 |
- | - | - | - | 1,350 | - | - | - | - | - | - | - | - | - | - | |
42/48 |
4.7m | 5.2m | 8.0m | 6.5m | 5.1m | 3.7m | 1.5m | 2.0m | 4.0m | 1.9m | 2.0m | 2.6m | 2.8m | 1.3m | 735,305 | |
43 |
1.6m | 1.8m | 3.1m | 3.8m | 3.1m | 2.3m | 1.0m | 1.0m | 2.3m | 592,000 | 972,764 | 1.4m | 629,400 | - | 150,000 | |
430/8 |
1.6m | 1.8m | 3.1m | 3.8m | 3.1m | 2.3m | 1.0m | 1.0m | 2.3m | 592,000 | 972,764 | 1.4m | 629,400 | - | 150,000 | |
44 |
- | 77,359 | 77,303 | 10,000 | - | 109 | 231 | 772 | 233,993 | 7,496 | 32,167 | 13,725 | 705,387 | 495,894 | 254,508 | |
440/4 |
- | 77,359 | 77,303 | 10,000 | - | 109 | 231 | 772 | 233,993 | 7,496 | 32,167 | 13,725 | 705,387 | 495,894 | 254,508 | |
46 |
- | 15,750 | - | - | - | - | - | 10,125 | 6,550 | 8,474 | 15,488 | 10,300 | - | - | - | |
45 |
47,555 | 34,977 | 46,091 | 57,517 | 16,649 | 26,576 | 5,623 | - | 92,983 | 45,712 | 28,972 | 94,961 | 93,278 | 332,058 | 190,797 | |
450/3 |
47,555 | 34,977 | 46,091 | 57,517 | 16,649 | 26,576 | 5,623 | - | 92,983 | 45,712 | 28,972 | 94,961 | 93,278 | 332,058 | 190,797 | |
47/48 |
3.1m | 3.3m | 4.8m | 2.7m | 2.0m | 1.4m | 466,384 | 959,686 | 1.4m | 1.3m | 1.0m | 1.0m | 1.4m | 508,152 | 140,000 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 4,875 | 3,084 | 2,077 | |
| Income statement | ||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2.2m | 1.3m | |
9900 |
406,771 | 421,069 | 433,884 | 658,823 | 321,442 | 253,610 | 95,244 | 57,435 | 114,029 | 222,298 | 120,733 | 43,306 | 283,604 | 432,443 | 352,009 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1.8m | 902,141 | |
640/8 |
- | 8,446 | 24,231 | 5,420 | 3,063 | 535 | 4,855 | 5,090 | 377 | 491 | 900 | 156 | 868 | 493 | 817 | |
9901 |
406,771 | 412,623 | 409,653 | 653,403 | 318,379 | 253,075 | 90,389 | 52,345 | 113,652 | 221,807 | 119,833 | 43,150 | 282,736 | 431,950 | 351,193 | |
75/76B |
75 | 5,487 | 5,639 | 600 | - | 102 | - | 216 | 6,847 | 18,278 | 9,546 | 24,482 | 31,162 | 35,991 | 9,359 | |
75 |
75 | 5,487 | 5,639 | 600 | - | 102 | - | 216 | 6,847 | 18,278 | 9,546 | 24,482 | 31,162 | 35,991 | 9,359 | |
65/66B |
67,609 | 144,068 | 198,852 | 56,124 | 45,865 | 30,009 | 25,407 | 46,801 | 43,853 | 38,459 | 31,757 | 40,039 | 78,851 | 32,711 | 7,534 | |
65 |
67,609 | 144,068 | 198,852 | 56,124 | 45,865 | 30,009 | 25,407 | 46,801 | 43,853 | 38,459 | 31,757 | 40,039 | 78,851 | 32,711 | 7,534 | |
9903 |
339,237 | 274,042 | 216,440 | 597,879 | 272,514 | 223,168 | 64,982 | 5,760 | 76,646 | 201,626 | 97,622 | 27,593 | 235,047 | 435,229 | 353,017 | |
67/77 |
107,953 | 87,564 | 68,867 | 190,234 | 86,650 | 70,952 | 23,623 | 1,496 | 28,407 | 64,320 | 27,797 | 1,124 | 71,282 | 150,014 | 120,005 | |
9904 |
231,284 | 186,478 | 147,573 | 407,645 | 185,864 | 152,216 | 41,359 | 4,264 | 48,239 | 137,306 | 69,825 | 26,469 | 163,765 | 285,216 | 233,012 | |
9905 |
231,284 | 186,478 | 147,573 | 407,645 | 185,864 | 152,216 | 41,359 | 4,264 | 48,239 | 137,306 | 69,825 | 26,469 | 163,765 | 285,216 | 233,012 | |
| Appropriation of the result | ||||||||||||||||
9906 |
231,284 | 186,478 | 147,573 | 407,645 | 185,864 | 152,216 | 41,359 | 4,264 | 956,332 | 908,093 | 770,787 | 700,962 | 674,493 | 510,728 | 233,012 | |
791/2 |
89,598 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
231,284 | 186,478 | 147,573 | 407,645 | 185,864 | 152,216 | 41,359 | 4,264 | 956,332 | - | - | - | - | - | 7,500 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 7,500 | |
6921 |
231,284 | 186,478 | 147,573 | 407,645 | 185,864 | 152,216 | 41,359 | 4,264 | 956,332 | - | - | - | - | - | - | |
694/7 |
89,598 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
89,598 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-05-2026 | 2026-00129615 | |
| 31-12-2024 | abbreviated format | 23-05-2025 | 2025-00106023 | |
| 31-12-2023 | abbreviated format | 19-06-2024 | 2024-00140769 | |
| 31-12-2022 | abbreviated format | 04-04-2023 | 2023-00053117 | |
| 31-12-2021 | abbreviated format | 18-05-2022 | 2022-20030184 | |
| 31-12-2020 | abbreviated format | 07-06-2021 | 2021-17700364 | |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-15600285 | |
| 31-12-2018 | abbreviated format | 12-07-2019 | 2019-31600492 | |
| 31-12-2017 | abbreviated format | 13-07-2018 | 2018-33600017 | |
| 31-12-2016 | micro format | 14-10-2017 | 2017-67300373 | |
| 31-12-2015 | abbreviated format | 29-11-2016 | 2016-69100379 | |
| 31-12-2014 | abbreviated format | 30-08-2015 | 2015-50600483 | |
| 31-12-2013 | abbreviated format | 20-08-2014 | 2014-43700539 | |
| 31-12-2012 | abbreviated format | 10-07-2013 | 2013-28600475 | |
| 31-12-2011 | abbreviated format | 27-08-2012 | 2012-46300451 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 283,817 | -156,033 | 184,723 | -311,391 | 249,257 | -41,687 | -249,701 | -204,650 | 95,325 | 425,132 | -355,387 | 261,943 | 6,739 | 42,836 | - | ||
| 2.3m | 2.2m | 2.0m | 1.8m | 1.4m | 1.2m | 1.1m | 1.0m | 1.0m | 990,593 | 853,287 | 783,462 | 761,868 | 596,312 | 310,090 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 19.6% | 28.0% | ||
| 32.8% | 29.6% | 19.8% | 21.9% | 21.9% | 25.1% | 42.0% | 34.4% | 20.7% | 33.9% | 29.4% | 23.3% | 21.3% | 30.7% | 29.5% | ||
| 1.49 | 1.42 | 1.25 | 1.28 | 1.28 | 1.33 | 1.72 | 1.53 | 1.26 | 1.51 | 1.42 | 1.30 | 1.27 | 1.45 | 1.42 | ||
| 0.09 | 0.01 | 0.03 | 0.03 | 0.09 | 0.04 | 0.19 | 0.22 | 0.23 | 0.33 | 0.09 | 0.17 | 0.68 | 1.11 | 1.38 | ||
| 2.05 | 2.38 | 4.05 | 3.57 | 3.57 | 2.99 | 1.38 | 1.90 | 3.83 | 1.95 | 2.40 | 3.28 | 3.70 | 2.26 | 2.39 | ||
| 10.0% | 8.6% | 7.5% | 22.3% | 13.1% | 12.3% | 3.8% | 0.4% | 4.6% | 13.9% | 8.2% | 3.4% | 21.6% | 48.1% | 75.7% | ||
| 3.3% | 2.5% | 1.5% | 4.9% | 2.9% | 3.1% | 1.6% | 0.1% | 1.0% | 4.7% | 2.4% | 0.8% | 4.6% | 14.8% | 22.3% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 222 days | 264 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 102 days | 103 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.6m | €1.8m | €3.1m | €3.8m | €3.1m |
| Carrying value of the other pledged assets | €6.6m | €7.3m | €9.7m | €8.2m | €6.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Insights on Projects HBP
The operating result for 2025 is 1% lower than in 2024 and the lowest since 2021.
Debt's share of the balance-sheet total falls from 70.4% to 67.2%. Equity is higher and debt is lower.