What does HYE N.V. do?

HYE N.V. is a civil engineering contractor in Beveren-Kruibeke-Zwijndrecht. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of HYE N.V.?

The registered office of HYE N.V. is located at Krijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht.

Is HYE N.V. still active?

Yes. According to the CBE (29 October 2026) HYE N.V. is active, legal situation “Normale toestand”, started on 1 January 1968.

Is HYE N.V. registered on Peppol?

Yes, HYE N.V. is registered on the Peppol network with ID 0208:0404646287.

What is the enterprise number of HYE N.V.?

The enterprise number of HYE N.V. is BE0404646287.

When was HYE N.V. founded?

HYE N.V. was founded on 1 January 1968.

Who are the directors of HYE N.V.?

According to the 2025 annual accounts, the directors of HYE N.V. are: D2D Invest BV, Majo Invest BV, H2O Invest NV, Structomasss BV.

Is HYE N.V. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did HYE N.V. make in 2025?

HYE N.V. posted a profit after taxes of € 1,326,776 in financial year 2025.

What is the revenue of HYE N.V.?

In its most recent annual accounts (2025), HYE N.V. reported revenue of € 40,915,828.

How much does an employee at HYE N.V. earn?

The average wage cost per full-time employee at HYE N.V. was € 73,700 in 2025: staff costs of € 8.3 million for 112.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HYE N.V. have?

According to the 2025 annual accounts, HYE N.V. has 112.4 full-time equivalents (FTE).

HYE N.V. (Public Limited) - Beveren-Kruibeke-Zwijndrecht

Dossier HYE N.V., printed on 29 October 2026 from databakkes.be/en/0404646287/hye-n-v. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

32 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

HYE N.V. from Beveren-Kruibeke-Zwijndrecht, company number BE0404646287, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year HYE N.V. recorded revenue of € 40.9 million and equity of € 9.3 million. Compared with financial year 2024, the result moved from € 2.3 million to € 1.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 22, 2026.

What it is worth Growing

€ 9.3 million

▲ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 1.3 million

▼ 42% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.7 million

▼ 50% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 5.9 million.

People and assets in 2025

Full-time equivalents

112.4

▼ 7.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 8.3 million

▼ 8% vs 2024

€ 73,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 67,253

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 10.7 million

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 128 days on average.

Taxes and wages

€ 923,205

▼ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 43,491,642 Revenue 2022: € 43,491,642 First fiscal year in the series	€ 41,201,363 Revenue 2023: € 41,201,363 ▼ 5% vs 2022 (€ 43,491,642) Unfavourable step	€ 62,396,090 Revenue 2024: € 62,396,090 ▲ 51% vs 2023 (€ 41,201,363) Favourable step	€ 40,915,828 Revenue 2025: € 40,915,828 ▼ 34% vs 2024 (€ 62,396,090) Unfavourable step	▼ 34%
Profit after taxes	€ 687,848 Profit after taxes 2022: € 687,848 First fiscal year in the series	€ 2,075,037 Profit after taxes 2023: € 2,075,037 ▲ 202% vs 2022 (€ 687,848) Favourable step	€ 2,288,313 Profit after taxes 2024: € 2,288,313 ▲ 10% vs 2023 (€ 2,075,037) Favourable step	€ 1,326,776 Profit after taxes 2025: € 1,326,776 ▼ 42% vs 2024 (€ 2,288,313) Unfavourable step	▼ 42%
Equity	€ 5,900,978 Equity 2022: € 5,900,978 First fiscal year in the series	€ 6,726,015 Equity 2023: € 6,726,015 ▲ 14% vs 2022 (€ 5,900,978) Favourable step	€ 8,014,329 Equity 2024: € 8,014,329 ▲ 19% vs 2023 (€ 6,726,015) Favourable step	€ 9,341,105 Equity 2025: € 9,341,105 ▲ 17% vs 2024 (€ 8,014,329) Favourable step	▲ 17%
Total debts	€ 31,299,442 Total debts 2022: € 31,299,442 First fiscal year in the series	€ 42,508,577 Total debts 2023: € 42,508,577 ▲ 36% vs 2022 (€ 31,299,442) Unfavourable step	€ 37,942,143 Total debts 2024: € 37,942,143 ▼ 11% vs 2023 (€ 42,508,577) Favourable step	€ 29,579,090 Total debts 2025: € 29,579,090 ▼ 22% vs 2024 (€ 37,942,143) Favourable step	▼ 22%
Cash	€ 4,492,073 Cash 2022: € 4,492,073 First fiscal year in the series	€ 5,883,990 Cash 2023: € 5,883,990 ▲ 31% vs 2022 (€ 4,492,073) Favourable step	€ 5,488,666 Cash 2024: € 5,488,666 ▼ 7% vs 2023 (€ 5,883,990) Unfavourable step	€ 2,723,131 Cash 2025: € 2,723,131 ▼ 50% vs 2024 (€ 5,488,666) Unfavourable step	▼ 50%
Retained profit	€ 2,421,012 Retained profit 2022: € 2,421,012 First fiscal year in the series	€ 3,246,049 Retained profit 2023: € 3,246,049 ▲ 34% vs 2022 (€ 2,421,012) Favourable step	€ 4,534,362 Retained profit 2024: € 4,534,362 ▲ 40% vs 2023 (€ 3,246,049) Favourable step	€ 5,861,138 Retained profit 2025: € 5,861,138 ▲ 29% vs 2024 (€ 4,534,362) Favourable step	▲ 29%
Dividend	€ 700,000 Dividend 2022: € 700,000 First fiscal year in the series	€ 1,250,000 Dividend 2023: € 1,250,000 ▲ 79% vs 2022 (€ 700,000) Unchanged	€ 1,000,000 Dividend 2024: € 1,000,000 ▼ 20% vs 2023 (€ 1,250,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,000,000) Unchanged	▼ 100%
Bank debt	€ 1,587,618 Bank debt 2022: € 1,587,618 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 1,587,618) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 37,200,420 Balance sheet total 2022: € 37,200,420 First fiscal year in the series	€ 49,234,592 Balance sheet total 2023: € 49,234,592 ▲ 32% vs 2022 (€ 37,200,420) Unchanged	€ 45,956,471 Balance sheet total 2024: € 45,956,471 ▼ 7% vs 2023 (€ 49,234,592) Unchanged	€ 38,920,195 Balance sheet total 2025: € 38,920,195 ▼ 15% vs 2024 (€ 45,956,471) Unchanged	▼ 15%
Employees (FTE)	112.4 Employees (FTE) 2022: 112.4 First fiscal year in the series	114.2 Employees (FTE) 2023: 114.2 ▲ 1.8 vs 2022 (112.4) Unchanged	120.3 Employees (FTE) 2024: 120.3 ▲ 6.1 vs 2023 (114.2) Unchanged	112.4 Employees (FTE) 2025: 112.4 ▼ 7.9 vs 2024 (120.3) Unchanged	▼ 7.9

Key figures of HYE N.V., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to HYE N.V.?

What happened at HYE N.V. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 D2D Invest BV stepped down as director. NBB
2031 Majo Invest BV stepped down as director. NBB
2031 H2O Invest NV stepped down as director. NBB
2031 Structomasss BV stepped down as director. NBB
Apr 22, 2026 New annual accounts for financial year 2025: profit of € 1.3 million (▼ 42% vs 2024). Source: NBB ↗
2025 D2D Invest BV became a director. NBB
2025 Majo Invest BV became a director. NBB
2025 H2O Invest NV became a director. NBB

In short

From € 687,848 profit in 2022 to € 1.3 million profit in 2025.

Paid € 2.6 million in corporate taxes since 2022.

Best year ever: 2024, with € 2.3 million profit.

Paid out € 3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

STERHOEK 99.9%

The stake of STERHOEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

HYE N.V.

Argex NV 100%

The shares are held by STERHOEK (99.9%). It owns 100% of Argex NV itself.

Directors

According to the 2025 annual accounts

D2D Invest BV

Managing director · represented by Kurt Vernimmen

Also active at: BREMCON, ARGEX

since 2025 · until 2031

Majo Invest BV

Director · represented by Joris Van de Water

Also active at: PYLONEN DE KERF, VERING SHIPPING, NAVITEC, BREMCON, ARGEX, STERHOEK, GC Industries, H2O Invest +3 more

since 2025 · until 2031

H2O Invest NV

Director · represented by Kris Van den Houte

Also active at: PYLONEN DE KERF, VERING SHIPPING, NAVITEC, BREMCON, ARGEX, STERHOEK, MKMK events, GC Industries +2 more

since 2025 · until 2031

Structomasss BV

Director · represented by Tom T'Joens

Also active at: PYLONEN DE KERF, VERING SHIPPING, BREMCON, ARGEX, STERHOEK, H2O Invest, Sterhoek Deposit Solutions, ADEQUATE SPECIAL SOIL TREATMENT

since 2025 · until 2031

Shareholders

STERHOEK

99.9%

Participations

Argex NV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Krijgsbaan 372

2070 Beveren-Kruibeke-Zwijndrecht

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.

All companies at this address →

VERING SHIPPING same network

€ 231,940 gross margin · 2025

BREMCON same network

€ 490,776 gross margin · 2025

ARGEX same network

€ 17 million revenue · 2025

STERHOEK same network

€ 16.5 million revenue · 2025

MKMK events same network

€ -977 gross margin · 2026

+27 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0404.646.287

VAT number

BE 0404.646.287

Registered office

Krijgsbaan 372, 2070 Beveren-Kruibeke-Zwijndrecht

Names & denominations

HYE N.V.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 22 Jul 2025

Activities · NACE

Waterbouw, muv baggerwerken

Overige waterbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

HYE N.V.

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Financials

What happened to HYE N.V.?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions