ACTIVE

Hethimex

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Financial year 2025 · closed on 31/12/2025

Net result

-2,2 k €

+96.9% YoY

Gross margin

10,9 k €

+130.9% YoY

Equity

515,3 k €

-0.4% YoY

Workforce

0,0 ETP

What does Hethimex do?

Hethimex is a Public limited company incorporated in 1992. Its registered office is in Auderghem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.519.803

Incorporation

07/02/1992

Legal form

Public limited company

Registered office

Boulevard du Souverain 398
1160 Auderghem · BruxellesSee on map

Contributed capital

75 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (3)

14904
200
218

Signals

Solid equityHealthy social debts

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		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	10,9 k €	+131%	-35,2 k €	+6.7%	-37,7 k €	-216%	32,5 k €	+194%	-34,4 k €	-216%	29,7 k €	+131%	-96,8 k €	+18.8%	-119,2 k €	-231%	91,2 k €	+226%	-72,6 k €	-680%	-9,3 k €	-124%	38,3 k €	+247%	11 k €	+144%	-24,9 k €	-236%	18,4 k €	+150%	-36,6 k €	-142%	87,7 k €	+83.7%	47,7 k €
EBITDA	-717,4 €	+98.9%	-67,9 k €	+4.4%	-71 k €	-1702%	4,4 k €	+107%	-62,3 k €	+98.0%	-3,1 M €	-2239%	-132,1 k €	+51.3%	-271,4 k €	-589%	-39,4 k €	+81.1%	-209 k €	-47.6%	-141,6 k €	-64.5%	-86 k €	+23.0%	-111,7 k €	+27.7%	-154,6 k €	-48.6%	-104 k €	+31.9%	-152,8 k €	-2177%	7,4 k €	+104%	-203,1 k €
Operating result	-1,6 k €	+97.6%	-68,4 k €	+4.9%	-71,9 k €	-2269%	3,3 k €	+102%	-220,2 k €	+93.1%	-3,2 M €	-1391%	-212,7 k €	+43.3%	-375,2 k €	-167%	-140,4 k €	+60.2%	-352,9 k €	-43.5%	-245,9 k €	-23.6%	-198,9 k €	+11.2%	-224,1 k €	+26.5%	-305 k €	-57.5%	-193,7 k €	+23.7%	-253,7 k €	-201%	-84,4 k €	+72.0%	-301,7 k €
Net result	-2,2 k €	+96.9%	-69,6 k €	+4.7%	-73,1 k €	-4366%	1,7 k €	+101%	-221,3 k €	+93.0%	-3,2 M €	-649%	-423,4 k €	-166%	-159,4 k €	-105%	3,4 M €	+2636%	-135,2 k €	-51.5%	-89,2 k €	+17.2%	-107,8 k €	+59.1%	-263,2 k €	-184%	313,8 k €	+787%	-45,7 k €	-120%	223,4 k €	+121%	-1,1 M €	-883%	134,4 k €
Balance sheet
Equity	515,3 k €	-0.4%	517,5 k €	-11.9%	587,1 k €	-11.1%	660,2 k €	+0.3%	658,5 k €	-40.0%	1,1 M €	-74.3%	4,3 M €	-9.0%	4,7 M €	-3.3%	4,9 M €	+241%	1,4 M €	-8.7%	1,6 M €	-5.4%	1,6 M €	-6.1%	1,8 M €	-13.0%	2 M €	+18.4%	1,7 M €	-2.6%	1,8 M €	+14.6%	1,5 M €	-40.8%	2,6 M €
Total assets	802,4 k €	+1.0%	794,6 k €	-7.6%	860,4 k €	-8.3%	938,7 k €	-2.0%	958,2 k €	-33.7%	1,4 M €	-82.3%	8,2 M €	-21.6%	10,4 M €	-10.8%	11,7 M €	+191%	4 M €	-63.4%	10,9 M €	-10.4%	12,2 M €	+34.1%	9,1 M €	+19.6%	7,6 M €	+34.0%	5,7 M €	-28.1%	7,9 M €	+18.2%	6,7 M €	-43.3%	11,8 M €
Cash	25,6 k €	+65.4%	15,5 k €	-76.0%	64,5 k €	-55.0%	143,3 k €	-37.8%	230,6 k €	-53.6%	497,2 k €	+208%	161,2 k €	-55.0%	358,1 k €	-56.1%	815,5 k €	-7.1%	878 k €	+69.7%	517,2 k €	+99.8%	258,9 k €	+4223%	6 k €	+66.1%	3,6 k €	-98.4%	231,7 k €	+173%	85 k €	-71.3%	296,4 k €	+7452%	3,9 k €
Debts	287 k €	+3.6%	277,1 k €	+1.4%	273,3 k €	-1.9%	278,5 k €	-7.1%	299,8 k €	-13.5%	346,7 k €	-14.5%	405,5 k €	-24.7%	538,2 k €	-17.1%	649,5 k €	-63.7%	1,8 M €	-79.4%	8,7 M €	-11.7%	9,8 M €	+49.1%	6,6 M €	+35.5%	4,9 M €	+47.5%	3,3 M €	-28.8%	4,6 M €	+20.7%	3,8 M €	-54.0%	8,3 M €
Other
Workforce	0,0 ETP		–		–		–		–		–		1,0 ETP	-33.3%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	-31.8%	2,2 ETP

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 31/12/2025 · 2 active · 16 ended

Active mandates

Thierry Henry

Managing director · since 30 juin 2023 · until 26 mai 2029

Active

Raymond Alan Straw

Director

Active

Ended mandates

Raymond Straw Alan

Director · since 30 juin 2023 · until 26 mai 2029

Ended

Alan Straw

Director · since 30 juin 2017 · until 30 juin 2023

Ended

Thierry Henry

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Raymond Straw

Director · since 26 mai 2017 · until 26 mai 2023

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro 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	22/07/2026	30/06/2025	02/07/2024	26/06/2023	14/07/2022	27/07/2021
General meeting	30/06/2026	30/06/2025	31/05/2024	26/05/2023	30/06/2022	28/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	02/07/2024	French	PDF
Micro model	31/12/2022	26/05/2023	26/06/2023	French	PDF
Micro model	31/12/2021	30/06/2022	14/07/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	27/07/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	22/06/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	23/08/2019	French	PDF
Abridged model	31/12/2017	25/05/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	03/07/2017	French	PDF
Abridged model	31/12/2015	27/05/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	29/05/2015	25/08/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	16/12/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	29/09/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	29/09/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	29/10/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	31/08/2007	French	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 31/12/2025 · 2 active · 16 ended

Active mandates

Thierry Henry

Managing director · since 30 juin 2023 · until 26 mai 2029

Active

Raymond Alan Straw

Director

Active

Ended mandates

Raymond Straw Alan

Director · since 30 juin 2023 · until 26 mai 2029

Ended

Alan Straw

Director · since 30 juin 2017 · until 30 juin 2023

Ended

Thierry Henry

Managing director · since 30 juin 2017 · until 30 juin 2023

Ended

Raymond Straw

Director · since 26 mai 2017 · until 26 mai 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other18/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates15/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates07/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates21/09/2017
DEMISSIONS, NOMINATIONS
PDF
Restructuring16/11/2015
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring07/07/2015
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates19/10/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates27/04/2010
DEMISSIONS, NOMINATIONS
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 2025-2,2 k €↑
2024
Annual accounts 2024-69,6 k €↑
2023
Annual accounts 2023-73,1 k €↓
2022
Annual accounts 20221,7 k €↑
2021
Annual accounts 2021-221,3 k €↑
2018
Annual accounts 2018-3,2 M €↓
2017
Annual accounts 2017-423,4 k €↓
2016
Annual accounts 2016-159,4 k €↓
2015
Annual accounts 20153,4 M €↑
2014
Annual accounts 2014-135,2 k €↓
2013
Annual accounts 2013-89,2 k €↑
2012
Annual accounts 2012-107,8 k €↑
2011
Annual accounts 2011-263,2 k €↓
2010
Annual accounts 2010313,8 k €↑
2009
Annual accounts 2009-45,7 k €↓
2008
Annual accounts 2008223,4 k €↑
2007
Annual accounts 2007-1,1 M €↓
2006
Annual accounts 2006134,4 k €
07/02/1992
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

Hethimex

Overview

What does Hethimex 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