ACTIVE

HANZE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

40,5 k €

-0.5% YoY

Gross margin

71,4 k €

-3.9% YoY

Equity

276 k €

+3.9% YoY

What does HANZE do?

HANZE is a Private limited company incorporated in 1986. Its main activity is: Advertising agencies. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.791.657

Incorporation

14/11/1986

Legal form

Private limited company

Registered office

Robert Molsstraat 18
2018 Antwerpen · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

30/09/2025

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 74401Other professional, scientific and technical activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2009		2008		2007		2006
Income statement
Gross margin	71,4 k €	-3.9%	74,3 k €	-1.7%	75,6 k €	+14.6%	66 k €	+45.1%	45,5 k €	-28.6%	63,7 k €	+12.0%	56,8 k €	-12.0%	64,6 k €	+34.3%	48,1 k €	-36.0%	75,1 k €	-1.1%	76 k €	+2.0%	74,5 k €	+18.9%	62,7 k €	-12.6%	71,7 k €	-32.5%	106,2 k €	+457%	19,1 k €	-25.3%	25,5 k €	-7.2%	27,5 k €	+143%	11,3 k €
EBITDA	61,2 k €	-13.6%	70,9 k €	-2.5%	72,7 k €	+21.7%	59,8 k €	+45.6%	41,1 k €	-22.2%	52,8 k €	-3.7%	54,8 k €	-10.4%	61,2 k €	+35.8%	45,1 k €	-37.5%	72,1 k €	+0.3%	71,9 k €	+0.6%	71,5 k €	+26.8%	56,4 k €	-19.7%	70,2 k €	-31.3%	102,2 k €	+457%	18,3 k €	-26.1%	24,8 k €	-7.4%	26,8 k €	+153%	10,6 k €
Operating result	59,8 k €	-1.3%	60,6 k €	-16.7%	72,7 k €	+21.7%	59,8 k €	+61.9%	36,9 k €	-24.0%	48,6 k €	-3.7%	50,4 k €	-10.6%	56,4 k €	+60.3%	35,2 k €	-47.0%	66,3 k €	-0.4%	66,6 k €	+15.9%	57,5 k €	+37.0%	41,9 k €	-27.3%	57,7 k €	-22.6%	74,5 k €	+326%	17,5 k €	-27.0%	24 k €	+6.7%	22,5 k €	+217%	7,1 k €
Net result	40,5 k €	-0.5%	40,7 k €	-13.1%	46,9 k €	+23.1%	38,1 k €	+36.5%	27,9 k €	-12.5%	31,9 k €	+5.9%	30,1 k €	-6.2%	32,1 k €	+74.4%	18,4 k €	-52.1%	38,4 k €	-7.4%	41,5 k €	+13.0%	36,7 k €	+67.2%	22 k €	-41.7%	37,7 k €	-31.8%	55,3 k €	+280%	14,5 k €	-18.7%	17,9 k €	-11.5%	20,2 k €	+263%	5,6 k €
Balance sheet
Equity	276 k €	+3.9%	265,6 k €	+3.4%	257 k €	+12.5%	228,5 k €	-3.0%	235,5 k €	-18.0%	287,1 k €	+12.5%	255,2 k €	+13.4%	225,1 k €	+16.6%	192,9 k €	+10.5%	174,5 k €	+15.5%	151,1 k €	+16.6%	129,7 k €	-8.3%	141,4 k €	+18.4%	119,4 k €	-1.9%	121,7 k €	+47.6%	82,5 k €	+17.2%	70,4 k €	+34.0%	52,5 k €	+62.4%	32,3 k €
Total assets	293,2 k €	+7.5%	272,7 k €	-1.5%	277 k €	+11.0%	249,5 k €	-4.2%	260,6 k €	-18.6%	320,1 k €	+14.0%	280,7 k €	+8.7%	258,2 k €	+22.2%	211,2 k €	+5.0%	201,2 k €	+5.3%	191 k €	+15.5%	165,3 k €	+5.1%	157,2 k €	+2.1%	153,9 k €	-5.3%	162,6 k €	+15.7%	140,5 k €	-26.9%	192,3 k €	+37.5%	139,9 k €	+24.1%	112,7 k €
Cash	72,8 k €	-66.3%	216,4 k €	-11.2%	243,7 k €	+4.8%	232,5 k €	-2.4%	238,2 k €	-11.1%	267,9 k €	+18.4%	226,4 k €	+12.9%	200,6 k €	+17.0%	171,5 k €	+4.5%	164,1 k €	+14.8%	142,9 k €	+35.7%	105,3 k €	+23.2%	85,5 k €	-10.1%	95,1 k €	+1049%	8,3 k €	-86.8%	62,6 k €	-36.9%	99,2 k €	+55.9%	63,6 k €	-3.5%	66 k €
Debts	17 k €	+160%	6,5 k €	-67.0%	19,8 k €	-5.0%	20,8 k €	-16.8%	25 k €	-19.7%	31,2 k €	+32.9%	23,4 k €	-25.3%	31,4 k €	+87.0%	16,8 k €	-33.2%	25,1 k €	-33.5%	37,8 k €	+10.7%	34,1 k €	+115%	15,9 k €	-53.6%	34,2 k €	-16.2%	40,8 k €	-29.6%	58 k €	-50.1%	116,3 k €	+33.0%	87,4 k €	+8.7%	80,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Ellen Monstrey

Manager · since 01 avril 2013

Active

Daniël HANZE

Manager · since 23 janvier 2010

Active

Ended mandates

Ellen Monstrey

Director · since 01 avril 2013

Ended

Ellen Monstrey

Director · since 29 mars 2013

Ended

Daniël Hanze

Director · since 23 janvier 2010

Ended

Daniël Hanze

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	26/04/2024	21/03/2023	05/04/2022	09/03/2021
General meeting	20/01/2026	20/03/2025	02/03/2024	20/03/2023	20/03/2022	06/03/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	20/01/2026	30/04/2026	Dutch	PDF
Micro model	30/09/2024	20/03/2025	30/04/2025	Dutch	PDF
Micro model	30/09/2023	02/03/2024	26/04/2024	Dutch	PDF
Micro model	30/09/2022	20/03/2023	21/03/2023	Dutch	PDF
Micro model	30/09/2021	20/03/2022	05/04/2022	Dutch	PDF
Micro model	30/09/2020	06/03/2021	09/03/2021	Dutch	PDF
Micro model	30/09/2019	07/03/2020	28/03/2020	Dutch	PDF
Micro model	30/09/2018	02/03/2019	02/04/2019	Dutch	PDF
Micro model	30/09/2017	03/03/2018	28/03/2018	Dutch	PDF
Abridged model	30/09/2016	04/03/2017	24/03/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	21/03/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	25/03/2015	Dutch	PDF
Abridged model	30/09/2013	20/03/2014	29/04/2014	Dutch	PDF
Abridged model	30/09/2012	23/03/2013	27/04/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	19/06/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 8 ended

Active mandates

Ellen Monstrey

Manager · since 01 avril 2013

Active

Daniël HANZE

Manager · since 23 janvier 2010

Active

Ended mandates

Ellen Monstrey

Director · since 01 avril 2013

Ended

Ellen Monstrey

Director · since 29 mars 2013

Ended

Daniël Hanze

Director · since 23 janvier 2010

Ended

Daniël Hanze

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202540,5 k €↓
2024
Annual accounts 202440,7 k €↓
2023
Annual accounts 202346,9 k €↑
2022
Annual accounts 202238,1 k €↑
2021
Annual accounts 202127,9 k €↓
2020
Annual accounts 202031,9 k €↑
2019
Annual accounts 201930,1 k €↓
2018
Annual accounts 201832,1 k €↑
2017
Annual accounts 201718,4 k €↓
2016
Annual accounts 201638,4 k €↓
2015
Annual accounts 201541,5 k €↑
2014
Annual accounts 201436,7 k €↑
2013
Annual accounts 201322 k €↓
2012
Annual accounts 201237,7 k €↓
2011
Annual accounts 201155,3 k €↑
2009
Annual accounts 200914,5 k €↓
2008
Annual accounts 200817,9 k €↓
2007
Annual accounts 200720,2 k €↑
2006
Annual accounts 20065,6 k €
14/11/1986
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HANZE

Overview

What does HANZE do?

Trend over 19 financial years

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

Similar companies

Similar companies

Timeline