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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
HR GARDENS from Brussel, company number BE0473440766, closed financial year 2023 with a result of € 9 million after tax. For that financial year HR GARDENS recorded a gross margin of € 4.8 million and equity of € 32.4 million. Compared with financial year 2022, the result moved from € -100,644 to € 9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2024.
€ 32.4 million
▲ 39% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9 million
▲ still € 100,644 loss in 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -100.1 million.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 10,147
▼ 30% vs 2022
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | - | € -11,776 | € 4,754,860 | ▲ € 4.8 million |
| Profit after taxes | € -57,365 | € -100,644 | € 9,023,145 | ▲ € 9.1 million |
| Equity | € 23,448,519 | € 23,347,875 | € 32,371,021 | ▲ 39% |
| Total debts | € 21,103 | € 33,747 | € 39,885 | ▲ 18% |
| Retained profit | € -109,057,681 | € -109,158,325 | € -100,135,179 | ▲ € 9 million |
| Balance sheet total | € 28,142,622 | € 28,142,622 | € 32,410,906 | ▲ 15% |
Key figures of HR GARDENS, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to HR GARDENS?
What happened at HR GARDENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Catherine FOUGERE FRANCOIS stepped down as director. NBB
- Francois LAROZE stepped down as director. NBB
- Myriam GALEOTI stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 9 million. Source: NBB ↗
- Catherine FOUGERE FRANCOIS became a director. NBB
- Francois LAROZE became a director. NBB
- Myriam GALEOTI became a director. NBB
- New establishment in Elsene. KBO
In short
From € 57,365 loss in 2021 to € 9 million profit in 2023.
Best year ever: 2023, with € 9 million profit.
Management
The shares are held by HAVAS SA (74%) and Diversified Agencies Communications SA SRL (26%). It owns 99% of HR GARDENS LIMITED itself.
Directors
According to the 2023 annual accounts
Catherine FOUGERE FRANCOIS
Director
since 2023 · until 2026
since 2023 · until 2026
Myriam GALEOTI
Director
since 2023 · until 2026
Shareholders
HAVAS SA
74%
Diversified Agencies Communications SA SRL
26%
Participations
HR GARDENS LIMITED
99%
Establishments
Establishment units
Physical locations of this company
Kreupelenstraat 9
1000 Brussel
de Henninstraat 69 box 67
1050 Elsene
Active since 5 February 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.440.766
- VAT number
- BE 0473.440.766
- Registered office
- Kreupelenstraat 9, 1000 Brussel
- Names & denominations
- HR GARDENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2000
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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