ACTIVE

HADAN

Financial year 2025 · closed on 31/12/2025
Net result
21,2 k €
-56.1% YoY
Gross margin
62,4 k €
-10.7% YoY
Equity
195,6 k €
-37.1% YoY

What does HADAN do?

HADAN is a Private limited company incorporated in 1990. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Tienen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0440.560.538
Incorporation
13/04/1990
Legal form
Private limited company
Registered office
Leuvenselaan 172
3300 Tienen · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin62,4 k €69,9 k €53,1 k €49,5 k €121,1 k €110,3 k €77,6 k €61,7 k €3,1 k €10,8 k €28,6 k €56 k €35 k €39,6 k €13,7 k €10,9 k €15,2 k €4,3 k €6,7 k €18,5 k €
EBITDA60,7 k €68,8 k €51,5 k €48,2 k €120,3 k €109,2 k €71,3 k €60 k €97 €-30 €26,8 k €54,6 k €33,1 k €38,3 k €12,1 k €8,7 k €11,3 k €3,1 k €5,5 k €13,9 k €
Operating result38,3 k €47 k €28,6 k €25,6 k €101,1 k €94,9 k €60,7 k €45,6 k €-11,8 k €-12,1 k €12,3 k €40,9 k €30,3 k €35,7 k €11,1 k €7,8 k €10,4 k €2,3 k €4,8 k €12,7 k €
Net result21,2 k €48,2 k €16,4 k €19,2 k €74,9 k €69,4 k €40,1 k €28,5 k €-15,9 k €-12,7 k €4,4 k €26,8 k €16,6 k €17,1 k €3 k €-155 €3 k €-3,1 k €-2,2 k €10 k €
Balance sheet
Equity195,6 k €310,9 k €262,6 k €246,2 k €227,1 k €158,1 k €88,7 k €48,6 k €20,1 k €36 k €48,8 k €89,4 k €62,5 k €45,9 k €28,8 k €25,9 k €26 k €23 k €26,1 k €28,3 k €
Total assets275,2 k €333,2 k €279,3 k €270,7 k €271,4 k €233,2 k €162,2 k €140 k €113,8 k €159,4 k €151,6 k €161,3 k €123,3 k €83 k €65,6 k €38,1 k €69,5 k €28,3 k €29,9 k €34,1 k €
Cash113,3 k €113,5 k €60 k €35,7 k €36,6 k €27,5 k €4,9 k €6,9 k €4,9 k €38,4 k €6,3 k €38,1 k €9,2 k €6,4 k €5,3 k €
Debts79,6 k €18 k €16,6 k €23,6 k €43,7 k €68,5 k €72,9 k €90,7 k €93 k €123 k €102,8 k €71,6 k €60,8 k €37,1 k €36,8 k €12,2 k €11 k €5,2 k €3,8 k €5,8 k €
Other
Workforce0,1 ETP0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Dany Haenen

Director

Active

Ended mandates

Dany Haenen

Manager

Ended
Dany HAENEN

Mandate

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged 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 date14/07/202624/06/202515/10/202431/08/202330/08/202231/08/2021
General meeting02/05/202603/05/202504/05/202410/08/202317/08/202225/08/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202502/05/202614/07/2026DutchPDF
Micro model31/12/202403/05/202524/06/2025DutchPDF
Micro model31/12/202304/05/202415/10/2024DutchPDF
Abridged model31/12/202210/08/202331/08/2023DutchPDF
Abridged model31/12/202117/08/202230/08/2022DutchPDF
Abridged model31/12/202025/08/202131/08/2021DutchPDF
Abridged model31/12/201902/10/202026/10/2020DutchPDF
Abridged model31/12/201804/05/201927/08/2019DutchPDF
Abridged model31/12/201705/05/201828/08/2018DutchPDF
Abridged model31/12/201606/05/201731/08/2017DutchPDF
Abridged model31/12/201507/05/201630/08/2016DutchPDF
Abridged model31/12/201402/05/201531/08/2015DutchPDF
Abridged model31/12/201303/05/201428/08/2014DutchPDF
Abridged model31/12/201204/05/201326/08/2013DutchPDF
Abridged model31/12/201105/05/201228/08/2012DutchPDF
Abridged model31/12/201007/05/201127/06/2011DutchPDF
Abridged model31/12/200901/05/201025/07/2010DutchPDF
Abridged model31/12/200802/05/200921/07/2009DutchPDF
Abridged model31/12/200703/05/200813/08/2008DutchPDF
Abridged model31/12/200606/05/200705/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2025 · 1 active · 2 ended

Active mandates

Dany Haenen

Director

Active

Ended mandates

Dany Haenen

Manager

Ended
Dany HAENEN

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office15/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office08/09/2025
    MAATSCHAPPELIJKE ZETEL, WIJZIGING RECHTSVORM,
    PDF
  • Other24/03/2014
    DOEL
    PDF
  • Capital / shares24/02/2004
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

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 202521,2 k €
  2. 2024
    Annual accounts 202448,2 k €
  3. 2023
    Annual accounts 202316,4 k €
  4. 2022
    Annual accounts 202219,2 k €
  5. 2021
    Annual accounts 202174,9 k €
  6. 2020
    Annual accounts 202069,4 k €
  7. 2019
    Annual accounts 201940,1 k €
  8. 2018
    Annual accounts 201828,5 k €
  9. 2017
    Annual accounts 2017-15,9 k €
  10. 2016
    Annual accounts 2016-12,7 k €
  11. 2015
    Annual accounts 20154,4 k €
  12. 2014
    Annual accounts 201426,8 k €
  13. 2013
    Annual accounts 201316,6 k €
  14. 2012
    Annual accounts 201217,1 k €
  15. 2011
    Annual accounts 20113 k €
  16. 2010
    Annual accounts 2010-155 €
  17. 2009
    Annual accounts 20093 k €
  18. 2008
    Annual accounts 2008-3,1 k €
  19. 2007
    Annual accounts 2007-2,2 k €
  20. 2006
    Annual accounts 200610 k €
  21. 13/04/1990
    IncorporationPrivate limited company