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
Joint committees (2)
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 11 financial years

20252024201920182017
Income statement
Revenue112,3 M €109,7 M €94,7 M €109,2 M €92,6 M €
EBITDA14,1 M €8,7 M €4,7 M €12,3 M €15,4 M €
Operating result11,8 M €6,6 M €2,4 M €8,9 M €14 M €
Net result16 M €14,3 M €9,9 M €15,6 M €18 M €
Balance sheet
Equity228,9 M €212,9 M €421,9 M €412,1 M €396,5 M €
Total assets267,5 M €267,3 M €467,4 M €454,4 M €435,6 M €
Cash360,2 k €444 k €312,4 k €204,5 k €176,3 k €
Debts16,8 M €16,8 M €16,5 M €16,3 M €15 M €
Other
Workforce177,5 ETP169,4 ETP182,4 ETP178,4 ETP169,4 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 · 26 ended

Active mandates

JENS GRUNERT

Director · since 19 mai 2025 · until 15 mai 2028

Active
HANS KELLER

Director · since 21 mai 2024 · until 31 décembre 2025

Active
VINCENT RASNEUR

Director · since 15 mai 2023 · until 18 mai 2026

Active
KATARINA JARRING

Director · since 31 janvier 2023 · until 19 mai 2025

Active

Ended mandates

HANS KELLER

Director · since 21 mai 2024 · until 17 mai 2027

Ended
MAGNUS ERIKSSON

Director · since 16 mai 2022 · until 21 mai 2024

Ended
FREDRIK GUNNAR EMILSON

Director · since 01 octobre 2017 · until 18 mai 2020

Ended
KLAS LENNART MELKER JERNBERG

Director · since 15 mai 2017 · until 01 octobre 2017

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date11/06/202621/05/202530/05/202424/05/202324/05/202217/01/2022
General meeting18/05/202619/05/202521/05/202415/05/202316/05/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/05/202611/06/2026FrenchPDF
Full model31/12/202419/05/202521/05/2025FrenchPDF
Full model31/12/202321/05/202430/05/2024FrenchPDF
Full model31/12/202215/05/202324/05/2023FrenchPDF
Full model31/12/202116/05/202224/05/2022FrenchPDF
Full modelCorrection31/12/202017/05/202117/01/2022FrenchPDF
Full model31/12/202017/05/202108/06/2021FrenchPDF
Full model31/12/201918/05/202023/06/2020FrenchPDF
Full model31/12/201820/05/201917/07/2019FrenchPDF
Full model31/12/201722/05/201827/06/2018FrenchPDF
Full model31/12/201615/05/201717/05/2017FrenchPDF
Full model31/12/201516/05/201608/06/2016FrenchPDF
Full model31/12/201418/05/201510/06/2015FrenchPDF
Full model31/12/201319/05/201422/05/2014FrenchPDF
Full model31/12/201221/05/201307/06/2013FrenchPDF
Full model31/12/201121/05/201219/07/2012FrenchPDF
Full model31/12/201030/05/201109/08/2011FrenchPDF
Full model31/12/200917/05/201014/06/2010FrenchPDF
Full model31/12/200818/05/200927/05/2009FrenchPDF
Full model31/12/200719/05/200801/07/2008FrenchPDF
Full model31/12/200621/05/200725/06/2007FrenchPDF

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 · 26 ended

Active mandates

JENS GRUNERT

Director · since 19 mai 2025 · until 15 mai 2028

Active
HANS KELLER

Director · since 21 mai 2024 · until 31 décembre 2025

Active
VINCENT RASNEUR

Director · since 15 mai 2023 · until 18 mai 2026

Active
KATARINA JARRING

Director · since 31 janvier 2023 · until 19 mai 2025

Active

Ended mandates

HANS KELLER

Director · since 21 mai 2024 · until 17 mai 2027

Ended
MAGNUS ERIKSSON

Director · since 16 mai 2022 · until 21 mai 2024

Ended
FREDRIK GUNNAR EMILSON

Director · since 01 octobre 2017 · until 18 mai 2020

Ended
KLAS LENNART MELKER JERNBERG

Director · since 15 mai 2017 · until 01 octobre 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • 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
  • Mandates10/12/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202516 M €↑
  2. 01/07/2025
    nominationArnaud Gain — représentant permanent du Commissaire Réviseur
  3. 19/05/2025
    nominationJens Grunert — administrateur
  4. 2024
    Annual accounts 202414,3 M €↑
  5. 21/05/2024
    nominationHans Keller — administrateur
  6. 15/05/2023
    nominationSRL PwC Reviseurs d'Entreprises — commissaire
  7. 15/05/2023
    nominationGaetan Roy — commissaire
  8. 15/05/2023
    reconductionVincent Rasneur — administrateur délégué
  9. 31/01/2023
    nominationKatarina Jarring — administratrice
  10. 31/12/2022
    nominationFabian Branswyk — représentant permanent
  11. 01/06/2022
    nominationMagnus Eriksson — administrateur
  12. 2019
    Annual accounts 20199,9 M €↓
  13. 2018
    Annual accounts 201815,6 M €↓
  14. 2017
    Annual accounts 201718 M €↑
  15. 2016
    Annual accounts 201612,9 M €↓
  16. 2011
    Annual accounts 201113,9 M €↓
  17. 2009
    Annual accounts 200922 M €↑
  18. 2008
    Annual accounts 20082,7 M €↓
  19. 2007
    Annual accounts 20075 M €↑
  20. 2006
    Annual accounts 20063,9 M €
  21. 30/10/1981
    IncorporationPublic limited company