ACTIVE

HOGANAS BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result16 M €+12,0 %over 1 year

Revenue112,3 M €+2,4 %over 1 year

Equity228,9 M €+7,5 %over 1 year

Workforce177,5 ETP+4,8 %over 1 year

Identity

Source · BCE/KBO

HOGANAS BELGIUM is a Public limited company incorporated in 1981. Its main activity is: Other non-ferrous metal production. Its registered office is in Ath. It employs on average 177,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0422.056.601
Incorporation: 30/10/1981
Legal form: Public limited company
Registered office: Ruelle Gros Pierre 10
7800 Ath · WallonieSee on map
Contributed capital: 108 191 420,42 €
Latest accounts: 31/12/2025
Average workforce: 177,5 ETP

Activities (NACE)

24450Other non-ferrous metal production· main 24450Other non-ferrous metal production 27451Manufacture of electric lighting equipment

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 11 financial years

	2025		2024		2019		2018		2017
Income statement
Revenue	112,3 M €	+2.4%	109,7 M €	+15.9%	94,7 M €	-13.3%	109,2 M €	+17.9%	92,6 M €
EBITDA	14,1 M €	+62.1%	8,7 M €	+84.9%	4,7 M €	-61.5%	12,3 M €	-20.1%	15,4 M €
Operating result	11,8 M €	+78.6%	6,6 M €	+179%	2,4 M €	-73.4%	8,9 M €	-36.4%	14 M €
Net result	16 M €	+12.0%	14,3 M €	+44.9%	9,9 M €	-36.6%	15,6 M €	-13.6%	18 M €
Balance sheet
Equity	228,9 M €	+7.5%	212,9 M €	-49.5%	421,9 M €	+2.4%	412,1 M €	+3.9%	396,5 M €
Total assets	267,5 M €	+0.1%	267,3 M €	-42.8%	467,4 M €	+2.9%	454,4 M €	+4.3%	435,6 M €
Cash	360,2 k €	-18.9%	444 k €	+42.1%	312,4 k €	+52.8%	204,5 k €	+16.0%	176,3 k €
Debts	16,8 M €	-0.4%	16,8 M €	+2.2%	16,5 M €	+1.1%	16,3 M €	+8.3%	15 M €
Other
Workforce	177,5 ETP	+4.8%	169,4 ETP	-7.1%	182,4 ETP	+2.2%	178,4 ETP	+5.3%	169,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period
JENS GRUNERT	Director19/05/2025 → 15/05/2028
HANS KELLER	Director21/05/2024 → 17/05/2027
VINCENT RASNEUR	Director30/12/2009 → 18/05/2026
KATARINA JARRING	Director31/01/2023 → 19/05/2025

Ended mandates

Director	Mandates in this company	Period
MAGNUS ERIKSSON	Director16/05/2022 → 21/05/2024
FREDRIK GUNNAR EMILSON	Director01/10/2017 → 2019 accounts
KLAS LENNART MELKER JERNBERG	Director15/05/2017 → 01/10/2017
SVEN MAGNUS NICKLAS LANG	Director15/05/2017 → 2019 accounts

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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/09/2026	21/05/2025	30/05/2024	24/05/2023	24/05/2022	17/01/2022
General meeting	18/05/2026	19/05/2025	21/05/2024	15/05/2023	16/05/2022	17/05/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	18/05/2026	28/09/2026	French	PDF
Full model	31/12/2025	18/05/2026	11/06/2026	French	PDF
Full model	31/12/2024	19/05/2025	21/05/2025	French	PDF
Full model	31/12/2023	21/05/2024	30/05/2024	French	PDF
Full model	31/12/2022	15/05/2023	24/05/2023	French	PDF
Full model	31/12/2021	16/05/2022	24/05/2022	French	PDF
Full modelCorrection	31/12/2020	17/05/2021	17/01/2022	French	PDF
Full model	31/12/2020	17/05/2021	08/06/2021	French	PDF
Full model	31/12/2019	18/05/2020	23/06/2020	French	PDF
Full model	31/12/2018	20/05/2019	17/07/2019	French	PDF
Full model	31/12/2017	22/05/2018	27/06/2018	French	PDF
Full model	31/12/2016	15/05/2017	17/05/2017	French	PDF
Full model	31/12/2015	16/05/2016	08/06/2016	French	PDF
Full model	31/12/2014	18/05/2015	10/06/2015	French	PDF
Full model	31/12/2013	19/05/2014	22/05/2014	French	PDF
Full model	31/12/2012	21/05/2013	07/06/2013	French	PDF
Full model	31/12/2011	21/05/2012	19/07/2012	French	PDF
Full model	31/12/2010	30/05/2011	09/08/2011	French	PDF
Full model	31/12/2009	17/05/2010	14/06/2010	French	PDF
Full model	31/12/2008	18/05/2009	27/05/2009	French	PDF
Full model	31/12/2007	19/05/2008	01/07/2008	French	PDF
Full model	31/12/2006	21/05/2007	25/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

4 active · 13 ended

Active mandates

Director	Mandates in this company	Period
JENS GRUNERT	Director19/05/2025 → 15/05/2028
HANS KELLER	Director21/05/2024 → 17/05/2027
VINCENT RASNEUR	Director30/12/2009 → 18/05/2026
KATARINA JARRING	Director31/01/2023 → 19/05/2025

Ended mandates

Director	Mandates in this company	Period
MAGNUS ERIKSSON	Director16/05/2022 → 21/05/2024
FREDRIK GUNNAR EMILSON	Director01/10/2017 → 2019 accounts
KLAS LENNART MELKER JERNBERG	Director15/05/2017 → 01/10/2017
SVEN MAGNUS NICKLAS LANG	Director15/05/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/11/2026
Nominations statutaires
PDF
Mandates03/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates19/06/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates13/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates13/03/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/07/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates27/06/2022
DEMISSIONS, NOMINATIONS
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings11 filings

Mandates

JENS GRUNERT

HANS KELLER

VINCENT RASNEUR

KATARINA JARRING

MAGNUS ERIKSSON

FREDRIK GUNNAR EMILSON

KLAS LENNART MELKER JERNBERG

SVEN MAGNUS NICKLAS LANG

FREDRIK EMILSON

LEIF GÖSTA MIKAEL CARLESON

ALRIK DANIELSON

PER LAGERLOF

Show the 5 other mandates

198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

HOGANAS BELGIUM

Ruelle Gros Pierre 10, 7800 Ath

Director

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ruelle Gros Pierre 10, 7800 AthCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00536627

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HOGANAS BELGIUMCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00536627

Events

2025
Annual accounts 202516 M €↑
01/07/2025
nominationArnaud Gain · représentant permanent du Commissaire Réviseur
19/05/2025
nominationJens Grunert · administrateur
2024
Annual accounts 202414,3 M €↑
21/05/2024
nominationHans Keller · administrateur
15/05/2023
nominationSRL PwC Reviseurs d'Entreprises · commissaire
15/05/2023
nominationGaetan Roy · commissaire
15/05/2023
reconductionVincent Rasneur · administrateur délégué
31/01/2023
nominationKatarina Jarring · administratrice
31/12/2022
nominationFabian Branswyk · représentant permanent
01/06/2022
nominationMagnus Eriksson · administrateur
2019
Annual accounts 20199,9 M €↓
2018
Annual accounts 201815,6 M €↓
2017
Annual accounts 201718 M €↑
2016
Annual accounts 201612,9 M €↓
2011
Annual accounts 201113,9 M €↓
2009
Annual accounts 200922 M €↑
2008
Annual accounts 20082,7 M €↓
2007
Annual accounts 20075 M €↑
2006
Annual accounts 20063,9 M €
30/10/1981
IncorporationPublic limited company

HOGANAS 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

Registered offices

Company names

Events