ACTIVE

HEGIMA

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

152,1 k €

-18.4% YoY

Revenue

37,8 k €

-53.8% YoY

Equity

9,6 M €

+1.6% YoY

Workforce

0,5 ETP

-44.4% YoY

What does HEGIMA do?

HEGIMA is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Burg-Reuland. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.735.865

Incorporation

26/06/1992

Legal form

Public limited company

Registered office

Hochtumsstraße, Maldingen 33 box B
4790 Burg-Reuland · Wallonie

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74142Specialised design activities 74203Photographic activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	37,8 k €	-53.8%	81,8 k €	-73.7%	311,5 k €	-17.0%	375,4 k €	+17.9%	318,4 k €	-35.5%	493,7 k €	-5.2%	521 k €	0.0%	521 k €	-6.9%	559,7 k €	-12.7%	641,1 k €	+0.9%	635,3 k €	+1.5%	626 k €	+3.2%	606,4 k €	+18.6%	511,1 k €	-11.9%	580,3 k €	+8.7%	533,9 k €	+31.2%	406,8 k €	-1.4%	412,6 k €	+5.8%	390,2 k €	+0.5%	388,4 k €
EBITDA	-78,6 k €	-44.4%	-54,4 k €	-1035%	-4,8 k €	-106%	74,7 k €	+56.5%	47,8 k €	-65.6%	139 k €	+116%	64,2 k €	-65.1%	184,1 k €	-28.7%	258,2 k €	+22.4%	211 k €	+22.7%	172 k €	-23.2%	223,8 k €	+12.2%	199,6 k €	+41.7%	140,9 k €	-35.6%	218,7 k €	+6.7%	204,9 k €	+29.0%	158,8 k €	-11.8%	180 k €	+9.2%	164,8 k €	-15.8%	195,7 k €
Operating result	-79,3 k €	-44.7%	-54,8 k €	-752%	-6,4 k €	-109%	69,4 k €	+63.6%	42,5 k €	-66.3%	125,8 k €	+286%	32,6 k €	-76.8%	140,2 k €	+197%	47,3 k €	-8.6%	51,7 k €	-38.6%	84,3 k €	-54.6%	185,7 k €	+7.2%	173,2 k €	+35.3%	128 k €	-31.7%	187,3 k €	-3.3%	193,6 k €	+33.0%	145,6 k €	-2.6%	149,5 k €	+8.0%	138,4 k €	-17.5%	167,7 k €
Net result	152,1 k €	-18.4%	186,3 k €	-96.9%	6,1 M €	+20892%	29,1 k €	-42.5%	50,6 k €	-43.6%	89,8 k €	-57.1%	209,3 k €	-63.0%	565,6 k €	+2479%	21,9 k €	-53.4%	47 k €	-90.3%	484,5 k €	+248%	139,1 k €	-6.0%	148 k €	+29.0%	114,7 k €	-23.3%	149,6 k €	-7.6%	162 k €	+38.5%	117 k €	-36.1%	183 k €	+63.9%	111,7 k €	-5.5%	118,1 k €
Balance sheet
Equity	9,6 M €	+1.6%	9,5 M €	+2.0%	9,3 M €	+191%	3,2 M €	-1.0%	3,2 M €	-0.3%	3,2 M €	+0.9%	3,2 M €	+4.9%	3,1 M €	+19.8%	2,5 M €	-1.5%	2,6 M €	-0.3%	2,6 M €	+19.6%	2,2 M €	+3.8%	2,1 M €	+4.4%	2 M €	+2.8%	1,9 M €	+6.6%	1,8 M €	+7.8%	1,7 M €	+5.4%	1,6 M €	+10.5%	1,5 M €	+5.9%	1,4 M €
Total assets	9,7 M €	+1.6%	9,5 M €	+1.3%	9,4 M €	+183%	3,3 M €	-5.6%	3,5 M €	+3.6%	3,4 M €	-4.3%	3,5 M €	+11.7%	3,2 M €	+18.3%	2,7 M €	-3.8%	2,8 M €	-2.1%	2,8 M €	+17.7%	2,4 M €	+4.4%	2,3 M €	+4.8%	2,2 M €	+2.4%	2,2 M €	+7.2%	2 M €	+13.5%	1,8 M €	+5.6%	1,7 M €	+6.3%	1,6 M €	-0.2%	1,6 M €
Cash	215,3 k €	-79.4%	1 M €	+170%	388,5 k €	+52.7%	254,4 k €	-44.3%	456,5 k €	+30.6%	349,5 k €	+147%	141,6 k €	-43.5%	250,8 k €	+414%	48,8 k €	-39.6%	80,9 k €	-83.6%	492,2 k €	+16.0%	424,4 k €	+79.1%	236,9 k €	+67.9%	141,1 k €	-59.3%	347 k €	-61.9%	911,5 k €	+47.4%	618,5 k €	-4.6%	648,1 k €	+21.1%	535,1 k €	-1.0%	540,7 k €
Debts	16 k €	+5.6%	15,2 k €	-81.3%	81 k €	-31.1%	117,6 k €	-58.7%	284,5 k €	+89.2%	150,3 k €	-55.1%	335 k €	+194%	113,8 k €	-12.0%	129,2 k €	-34.5%	197,4 k €	-21.0%	250 k €	+1.1%	247,4 k €	+9.7%	225,5 k €	+8.4%	208 k €	-1.4%	211 k €	+14.1%	184,9 k €	+140%	76,9 k €	+9.3%	70,3 k €	-43.2%	123,9 k €	-40.7%	209 k €
Other
Workforce	0,5 ETP	-44.4%	0,9 ETP	-25.0%	1,2 ETP	0.0%	1,2 ETP	0.0%	1,2 ETP		–		–		–		–		3,3 ETP	+10.0%	3,0 ETP	+42.9%	2,1 ETP	-4.5%	2,2 ETP	-8.3%	2,4 ETP	+50.0%	1,6 ETP	+45.5%	1,1 ETP	0.0%	1,1 ETP	+22.2%	0,9 ETP	+12.5%	0,8 ETP	+14.3%	0,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Heinz GILLESSEN

Director · since 30 juin 2021 · until 29 juin 2027

Active

Nicolas Gillessen

Director · since 30 juin 2021 · until 29 juin 2027

Active

Sonja NELLES

Director · since 30 juin 2021 · until 29 juin 2027

Active

Ended mandates

Heinz GILLESSEN

Director · since 30 juin 2021 · until 28 juin 2027

Ended

Heinz GILLESSEN

Managing director · since 30 juin 2021 · until 28 juin 2027

Ended

Heinz GILLESSEN

Managing director · since 30 juin 2021 · until 29 juin 2027

Ended

Nicolas GILLESSEN

Director · since 30 juin 2021 · until 28 juin 2027

Ended

At this address

Other companies at this address

Company	CBE no.
HSAN DEPOT● Active	0760.581.849
HSAN GROUPE● Active	0760.590.559

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full 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	29/07/2026	28/08/2025	08/07/2024	17/07/2023	31/08/2022	30/08/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	11/04/2023	27/06/2022	30/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/06/2026	29/07/2026	French	PDF
Full model	31/12/2024	30/06/2025	28/08/2025	French	PDF
Full model	31/12/2023	24/06/2024	08/07/2024	French	PDF
Full model	31/12/2022	11/04/2023	17/07/2023	French	PDF
Full model	31/12/2021	27/06/2022	31/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	French	PDF
Micro model	31/12/2019	29/08/2020	03/09/2020	French	PDF
Micro model	31/12/2018	24/06/2019	18/07/2019	French	PDF
Micro model	31/12/2017	25/06/2018	09/08/2018	French	PDF
Abridged model	31/12/2016	26/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	30/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	05/08/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	27/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	31/08/2010	French	PDF
Abridged modelCorrection	31/12/2008	30/06/2009	29/09/2009	French	PDF
Abridged model	31/12/2008	30/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 active · 15 ended

Active mandates

Heinz GILLESSEN

Director · since 30 juin 2021 · until 29 juin 2027

Active

Nicolas Gillessen

Director · since 30 juin 2021 · until 29 juin 2027

Active

Sonja NELLES

Director · since 30 juin 2021 · until 29 juin 2027

Active

Ended mandates

Heinz GILLESSEN

Director · since 30 juin 2021 · until 28 juin 2027

Ended

Heinz GILLESSEN

Managing director · since 30 juin 2021 · until 28 juin 2027

Ended

Heinz GILLESSEN

Managing director · since 30 juin 2021 · until 29 juin 2027

Ended

Nicolas GILLESSEN

Director · since 30 juin 2021 · until 28 juin 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates05/09/2022
DEMISSIONS, NOMINATIONS
PDF
Other17/03/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office11/05/2018
SIEGE SOCIAL
PDF
Mandates26/09/2016
DEMISSIONS, NOMINATIONS
PDF
Registered office10/01/2013
SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates09/08/2010
DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2004
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 2025152,1 k €↓
2024
Annual accounts 2024186,3 k €↓
2023
Annual accounts 20236,1 M €↑
2022
Annual accounts 202229,1 k €↓
2021
Annual accounts 202150,6 k €↓
2020
Annual accounts 202089,8 k €↓
2019
Annual accounts 2019209,3 k €↓
2018
Annual accounts 2018565,6 k €↑
2017
Annual accounts 201721,9 k €↓
2016
Annual accounts 201647 k €↓
2015
Annual accounts 2015484,5 k €↑
2014
Annual accounts 2014139,1 k €↓
2013
Annual accounts 2013148 k €↑
2012
Annual accounts 2012114,7 k €↓
2011
Annual accounts 2011149,6 k €↓
2010
Annual accounts 2010162 k €↑
2009
Annual accounts 2009117 k €↓
2008
Annual accounts 2008183 k €↑
2007
Annual accounts 2007111,7 k €↓
2006
Annual accounts 2006118,1 k €
26/06/1992
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

HEGIMA

Overview

What does HEGIMA do?

Trend over 20 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