ACTIVE

Hewlett Packard Enterprise Belgium

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Financial year 2025 · Closed on 31/10/2025

Net result1,6 M €-86,3 %over 1 year

Revenue280 M €+3,2 %over 1 year

Equity15,7 M €-46,2 %over 1 year

Workforce188,3 ETP-5,7 %over 1 year

Identity

Source · BCE/KBO

Hewlett Packard Enterprise Belgium is a Private limited company incorporated in 1961. Its registered office is in Machelen (Brab.). It employs on average 188,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0402.220.594
Incorporation: 02/06/1961
Legal form: Private limited company
Registered office: Hermeslaan 1 A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital: 6 770 405,08 €
Latest accounts: 31/10/2025
Average workforce: 188,3 ETP

Joint committees (2)

Signals

ProfitableGood liquidityHigh revenue

Financials

Source · NBB, 24 filings

Trend over 6 financial years

	2025		2024		2023		2020		2017
Income statement
Revenue	280 M €	+3.2%	271,4 M €	-19.6%	337,6 M €	+29.9%	259,9 M €	-6.4%	277,5 M €
EBITDA	-9,2 M €	-212%	8,2 M €	+129%	-28,2 M €	-14730%	-190,4 k €	-101%	16,1 M €
Operating result	-2,6 M €	-126%	9,8 M €	+146%	-21 M €	-4876%	-422,7 k €	-103%	15,5 M €
Net result	1,6 M €	-86.3%	11,4 M €	+165%	-17,7 M €	-530%	-2,8 M €	-111%	26 M €
Balance sheet
Equity	15,7 M €	-46.2%	29,1 M €	+64.7%	17,7 M €	-38.5%	28,8 M €	-87.9%	238,3 M €
Total assets	225,4 M €	+25.4%	179,7 M €	-19.2%	222,4 M €	-38.2%	360,1 M €	-13.6%	416,8 M €
Cash	167 M €	+38.2%	120,8 M €	+8.0%	111,9 M €	-60.6%	284,3 M €	-20.5%	357,4 M €
Debts	116,6 M €	+89.3%	61,6 M €	-50.2%	123,6 M €	-48.6%	240,5 M €	+240%	70,8 M €
Other
Workforce	188,3 ETP	-5.7%	199,7 ETP	-1.5%	202,8 ETP	-13.2%	233,6 ETP	-47.5%	444,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/10/2025

4 active · 8 ended

Active mandates

Bart Appelen

Director · since 28 novembre 2025

Active

Geert Deschuymere

Director · since 18 août 2020 · until 20 décembre 2025

Active

Stephane Lahaye

Director · since 28 novembre 2019

Active

Coen Timmer

Director · since 06 juin 2013

Active

Ended mandates

Geert Deschuymere

Director · since 18 août 2020

Ended

Rafael Peeters

Administrator - manager · since 31 janvier 2019 · until 01 novembre 2019

Ended

Luc Opdebeeck

Manager · since 12 décembre 2014

Ended

Geert Rottier

Manager · since 25 mars 2014 · until 12 décembre 2014

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/11/2024	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019
Closing of the financial year	31/10/2025	31/10/2024	31/10/2023	31/10/2022	31/10/2021	31/10/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/04/2026	25/04/2025	02/05/2024	04/05/2023	10/05/2022	18/05/2021
General meeting	02/04/2026	24/04/2025	18/04/2024	26/04/2023	26/04/2022	26/04/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 24 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/10/2025	02/04/2026	10/04/2026	Dutch	PDF
Full model	31/10/2024	24/04/2025	25/04/2025	Dutch	PDF
Full model	31/10/2023	18/04/2024	02/05/2024	Dutch	PDF
Full model	31/10/2022	26/04/2023	04/05/2023	Dutch	PDF
Full model	31/10/2021	26/04/2022	10/05/2022	Dutch	PDF
Full model	31/10/2020	26/04/2021	18/05/2021	Dutch	PDF
Full model	31/10/2019	29/04/2020	07/05/2020	Dutch	PDF
Full model	31/10/2018	16/04/2019	13/05/2019	Dutch	PDF
Full model	31/10/2017	26/04/2018	27/04/2018	Dutch	PDF
Full model	31/10/2016	30/05/2017	08/06/2017	Dutch	PDF
Full model	31/10/2015	26/05/2016	27/05/2016	Dutch	PDF
Full model	31/10/2014	28/04/2015	30/04/2015	Dutch	PDF
Full model	31/10/2013	24/06/2014	25/06/2014	Dutch	PDF
Full model	31/10/2012	08/10/2013	08/10/2013	Dutch	PDF
Consolidated accounts	31/10/2012	01/01/9999	28/01/2014	Dutch	PDF
Full model	31/10/2011	18/04/2012	02/05/2012	Dutch	PDF
Consolidated accounts	31/10/2011	01/01/9999	27/02/2013	Dutch	PDF
Full model	31/10/2010	14/06/2011	08/07/2011	Dutch	PDF
Consolidated accounts	31/10/2010	01/01/9999	01/03/2012	Dutch	PDF
Full modelCorrection	31/10/2009	14/04/2010	09/07/2010	Dutch	PDF
Full model	31/10/2009	14/04/2010	19/04/2010	Dutch	PDF
Full model	31/10/2008	21/04/2009	18/05/2009	Dutch	PDF
Full model	31/10/2007	09/04/2008	29/05/2008	Dutch	PDF
Full model	31/10/2006	02/04/2007	30/04/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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.

Board of directors

Source · NBB, accounts to 31/10/2025

4 active · 8 ended

Active mandates

Bart Appelen

Director · since 28 novembre 2025

Active

Geert Deschuymere

Director · since 18 août 2020 · until 20 décembre 2025

Active

Stephane Lahaye

Director · since 28 novembre 2019

Active

Coen Timmer

Director · since 06 juin 2013

Active

Ended mandates

Geert Deschuymere

Director · since 18 août 2020

Ended

Rafael Peeters

Administrator - manager · since 31 janvier 2019 · until 01 novembre 2019

Ended

Luc Opdebeeck

Manager · since 12 décembre 2014

Ended

Geert Rottier

Manager · since 25 mars 2014 · until 12 décembre 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other22/09/2026
—
PDF
Restructuring11/06/2026
ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/04/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/05/2024
CAPITAL, ACTIONS
PDF
Mandates23/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2023
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

01/06/2026
autre
28/11/2025
nominationBart Appelen — bestuurder
2025
Annual accounts 20251,6 M €↓
01/11/2024
reconductionEY Bedrijfsrevisoren — commissaris
2024
Annual accounts 202411,4 M €↑
30/01/2024
autre
2023
Annual accounts 2023-17,7 M €↓
01/11/2021
reconductionErnst & Young Bedrijfsrevisoren BCVBA — commissaris
2020
Annual accounts 2020-2,8 M €↓
2017
Annual accounts 201726 M €↑
2014
Annual accounts 2014-117,9 M €
02/06/1961
IncorporationPrivate limited company

Hewlett Packard Enterprise Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

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

Timeline