ACTIVE

HAYS

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Financial year 2025 · closed on 30/06/2025

Net result

-1 M €

+34.6% YoY

Revenue

31,4 M €

-23.5% YoY

Equity

383,5 k €

-72.9% YoY

Workforce

388,4 ETP

-23.0% YoY

What does HAYS do?

HAYS is a Public limited company incorporated in 1991. Its registered office is in Kortrijk. It employs on average 388,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.465.291

Incorporation

07/03/1991

Legal form

Public limited company

Registered office

Brugsesteenweg(Kor) 255
8500 Kortrijk · FlandreSee on map

Contributed capital

871 973,38 €

Latest accounts

30/06/2025

Average workforce

388,4 ETP

Joint committees (4)

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007
Income statement
Revenue	31,4 M €	-23.5%	41 M €	+10.7%	37 M €	-2.8%	38,1 M €	+10.8%	34,4 M €	-15.9%	40,9 M €	-18.7%	50,3 M €	-10.9%	56,5 M €	+11.4%	50,7 M €	+7.7%	47,1 M €	+15.3%	40,8 M €	+14.4%	35,7 M €	+21.9%	29,3 M €	+3.9%	28,2 M €	+23.4%	22,8 M €	+17.0%	19,5 M €	-19.5%	24,3 M €	+20.9%	20,1 M €
EBITDA	-918 k €	-19.6%	-767,5 k €	-160%	1,3 M €	+53.9%	829,7 k €	-41.7%	1,4 M €	-64.4%	4 M €	-30.2%	5,7 M €	-22.9%	7,4 M €	+17.0%	6,3 M €	+8.7%	5,8 M €	+36.6%	4,3 M €	+64.3%	2,6 M €	+45.3%	1,8 M €	-30.1%	2,6 M €	+41.4%	1,8 M €	+44.3%	1,3 M €	-49.3%	2,5 M €	+33.6%	1,9 M €
Operating result	-877,6 k €	+20.9%	-1,1 M €	-220%	921,7 k €	+82.9%	503,9 k €	-52.5%	1,1 M €	-69.7%	3,5 M €	-34.2%	5,3 M €	-25.1%	7,1 M €	+20.7%	5,9 M €	+5.5%	5,6 M €	+39.5%	4 M €	+70.0%	2,4 M €	+52.5%	1,5 M €	-34.7%	2,4 M €	+41.6%	1,7 M €	+50.1%	1,1 M €	-50.2%	2,2 M €	+33.3%	1,7 M €
Net result	-1 M €	+34.6%	-1,6 M €	-525%	370,4 k €	+190%	127,6 k €	-76.0%	530,9 k €	-75.4%	2,2 M €	-36.8%	3,4 M €	-20.4%	4,3 M €	+20.0%	3,6 M €	+3.9%	3,4 M €	+41.7%	2,4 M €	+83.9%	1,3 M €	+57.3%	841,1 k €	-42.4%	1,5 M €	+43.3%	1 M €	+47.6%	690,3 k €	-52.4%	1,5 M €	+31.3%	1,1 M €
Balance sheet
Equity	383,5 k €	-72.9%	1,4 M €	-52.7%	3 M €	+14.1%	2,6 M €	+5.1%	2,5 M €	-44.1%	4,5 M €	-42.8%	7,8 M €	+78.0%	4,4 M €	-51.8%	9,1 M €	-27.3%	12,5 M €	+38.1%	9,1 M €	+36.8%	6,6 M €	+25.0%	5,3 M €	-49.3%	10,5 M €	+16.2%	9 M €	+12.8%	8 M €	+20.3%	6,6 M €	+28.0%	5,2 M €
Total assets	10,6 M €	-20.4%	13,3 M €	+3.2%	12,9 M €	+5.0%	12,3 M €	-15.7%	14,6 M €	-24.4%	19,3 M €	+10.1%	17,5 M €	-26.6%	23,8 M €	-7.6%	25,8 M €	+18.7%	21,7 M €	+26.7%	17,1 M €	+18.4%	14,5 M €	-19.0%	17,9 M €	+7.2%	16,7 M €	+20.9%	13,8 M €	+20.4%	11,5 M €	+16.9%	9,8 M €	+19.0%	8,2 M €
Cash	759,6 k €	-7.4%	820,2 k €	+0.0%	820 k €	-2.8%	843,8 k €	+74.1%	484,6 k €	-33.2%	726 k €	+29.7%	559,6 k €	-48.2%	1,1 M €	-18.6%	1,3 M €	-88.4%	11,5 M €	+32.4%	8,7 M €	+31.0%	6,6 M €	-37.3%	10,5 M €	+7.5%	9,8 M €	+16.2%	8,4 M €	+37.4%	6,1 M €	+298%	1,5 M €	-14.1%	1,8 M €
Debts	8,6 M €	-15.3%	10,1 M €	+6.2%	9,5 M €	+2.2%	9,3 M €	-20.0%	11,7 M €	-19.0%	14,4 M €	+52.8%	9,4 M €	-51.1%	19,2 M €	+16.4%	16,5 M €	+83.5%	9 M €	+15.1%	7,8 M €	+2.3%	7,7 M €	-38.6%	12,5 M €	+105%	6,1 M €	+30.6%	4,7 M €	+37.1%	3,4 M €	+7.3%	3,2 M €	+3.7%	3,1 M €
Other
Workforce	388,4 ETP	-23.0%	504,3 ETP	+4.7%	481,7 ETP	-7.4%	520,3 ETP	+9.3%	476,2 ETP	-16.1%	567,8 ETP	-12.7%	650,5 ETP	-8.7%	712,3 ETP	-1.6%	724,2 ETP	+411%	141,6 ETP	+11.7%	126,8 ETP	+9.3%	116,0 ETP	-3.2%	119,8 ETP	+11.0%	107,9 ETP	+19.6%	90,2 ETP	+5.7%	85,3 ETP	-13.1%	98,2 ETP	+38.5%	70,9 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 30/06/2025 · 2 active · 27 ended

Active mandates

Felipe Carvalho CARABETTI

Director · since 11 septembre 2025 · until 12 novembre 2030

Active

Christoph NIEWERTH

Director · since 13 novembre 2024 · until 13 novembre 2030

Active

Ended mandates

Michel GRIGNER

Director · since 08 novembre 2022 · until 12 novembre 2025

Ended

James MUSGRAVE

Director · since 09 novembre 2021 · until 12 novembre 2024

Ended

Tina Elizabeth Susie Phi LING

Director · since 09 novembre 2021 · until 08 novembre 2024

Ended

Tina Elizabeth Susie Phi LING

Director · since 09 novembre 2021 · until 12 novembre 2024

Ended

At this address

Other companies at this address

Company	CBE no.
HAYS SERVICES● Active	0810.328.694

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/12/2025	15/07/2025	23/11/2023	25/11/2022	30/11/2021	08/12/2020
General meeting	28/11/2025	12/11/2024	14/11/2023	08/11/2022	09/11/2021	10/11/2020
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	28/11/2025	04/12/2025	Dutch	PDF
Full modelCorrection	30/06/2024	12/11/2024	15/07/2025	Dutch	PDF
Full model	30/06/2024	12/11/2024	16/12/2024	Dutch	PDF
Full model	30/06/2023	14/11/2023	23/11/2023	Dutch	PDF
Full model	30/06/2022	08/11/2022	25/11/2022	Dutch	PDF
Full model	30/06/2021	09/11/2021	30/11/2021	Dutch	PDF
Full model	30/06/2020	10/11/2020	08/12/2020	Dutch	PDF
Full model	30/06/2019	12/11/2019	27/11/2019	Dutch	PDF
Full model	30/06/2018	13/11/2018	05/12/2018	Dutch	PDF
Full model	30/06/2017	14/11/2017	22/11/2017	Dutch	PDF
Full model	30/06/2016	08/11/2016	23/11/2016	Dutch	PDF
Full model	30/06/2015	10/11/2015	09/12/2015	Dutch	PDF
Full model	30/06/2014	12/11/2014	24/11/2014	Dutch	PDF
Full model	30/06/2013	12/11/2013	29/11/2013	Dutch	PDF
Full model	30/06/2012	13/11/2012	13/12/2012	Dutch	PDF
Full model	30/06/2011	08/11/2011	01/12/2011	Dutch	PDF
Full model	30/06/2010	24/12/2010	31/01/2011	Dutch	PDF
Full model	30/06/2009	10/11/2009	21/12/2009	Dutch	PDF
Full model	30/06/2008	12/11/2008	23/12/2008	Dutch	PDF
Full model	30/06/2007	13/11/2007	11/01/2008	Dutch	PDF

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 30/06/2025 · 2 active · 27 ended

Active mandates

Felipe Carvalho CARABETTI

Director · since 11 septembre 2025 · until 12 novembre 2030

Active

Christoph NIEWERTH

Director · since 13 novembre 2024 · until 13 novembre 2030

Active

Ended mandates

Michel GRIGNER

Director · since 08 novembre 2022 · until 12 novembre 2025

Ended

James MUSGRAVE

Director · since 09 novembre 2021 · until 12 novembre 2024

Ended

Tina Elizabeth Susie Phi LING

Director · since 09 novembre 2021 · until 08 novembre 2024

Ended

Tina Elizabeth Susie Phi LING

Director · since 09 novembre 2021 · until 12 novembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other22/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2023
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-1 M €↑
2024
Annual accounts 2024-1,6 M €↓
2023
Annual accounts 2023370,4 k €↑
2022
Annual accounts 2022127,6 k €↓
2021
Annual accounts 2021530,9 k €↓
2020
Annual accounts 20202,2 M €↓
2019
Annual accounts 20193,4 M €↓
2018
Annual accounts 20184,3 M €↑
2017
Annual accounts 20173,6 M €↑
2016
Annual accounts 20163,4 M €↑
2015
Annual accounts 20152,4 M €↑
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 2013841,1 k €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 20111 M €↑
2010
Annual accounts 2010690,3 k €↓
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 20071,1 M €
07/03/1991
IncorporationPublic 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

HAYS

Overview

What does HAYS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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