ACTIVE

HEXAGON

Financial year 2025 · closed on 31/12/2025
Net result
-13,3 k €
+37.1% YoY
Gross margin
-10,6 k €
+8.9% YoY
Equity
122,2 k €
-9.8% YoY

What does HEXAGON do?

HEXAGON is a Public limited company incorporated in 1993. Its main activity is: Air transport. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0449.806.321
Incorporation
31/03/1993
Legal form
Public limited company
Registered office
Brouwersstraat 7H box 1
3000 Leuven · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-10,6 k €-11,6 k €5,9 k €75,1 k €117,8 k €-10,1 k €16,7 k €-11 k €30 k €-1,1 k €-16,1 k €-13,2 k €4,9 k €14,4 k €3,1 k €17,6 k €579,2 €-12,9 k €-117,6 k €-12,5 k €
EBITDA-11 k €-12,8 k €4,7 k €74 k €116,4 k €-11,6 k €15,6 k €-12,6 k €29,4 k €-1,7 k €-16,6 k €-14,5 k €4,2 k €14 k €2,5 k €13 k €-65,7 €-13,5 k €-118,4 k €-13,2 k €
Operating result-12,6 k €-20,4 k €-3,5 k €65,1 k €113,8 k €-13,5 k €13,7 k €-14,7 k €29,1 k €-2,4 k €-17,4 k €-15,3 k €3,8 k €13,9 k €2,5 k €12,9 k €-650,3 €-15,7 k €-120,4 k €-15,3 k €
Net result-13,3 k €-21,1 k €-5,8 k €42 k €83,7 k €-14,8 k €11,1 k €-16,2 k €28,6 k €-2,7 k €-17,5 k €-15,5 k €2,9 k €14,9 k €3,4 k €12,7 k €-589,1 €-15,6 k €86,3 k €-14,8 k €
Balance sheet
Equity122,2 k €135,4 k €156,6 k €162,3 k €120,3 k €36,6 k €51,4 k €40,3 k €56,5 k €27,8 k €30,5 k €48,1 k €63,5 k €60,6 k €45,7 k €42,3 k €29,6 k €30,2 k €45,7 k €-40,5 k €
Total assets324,8 k €139,8 k €164,6 k €210,9 k €190,4 k €46,6 k €74,2 k €50,6 k €90 k €56,5 k €32,9 k €58,9 k €74,9 k €72,2 k €70,7 k €48,7 k €48,6 k €33,4 k €47,2 k €340,4 k €
Cash62,3 k €61,5 k €69,4 k €156,9 k €25 k €20,6 k €47,5 k €2,5 k €86,3 k €1,2 k €2,3 k €25,4 k €51,8 k €48,1 k €14,5 k €3,9 k €1,4 k €749,7 €10,5 k €995,4 €
Debts202,6 k €4,3 k €8,1 k €48,6 k €70,1 k €10 k €22,8 k €10,3 k €33,5 k €28,7 k €2,4 k €10,7 k €11,3 k €11,5 k €24,8 k €6,5 k €19 k €3,2 k €1,5 k €380,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Rudi Vandenput

Director · since 23 novembre 2023 · until 23 novembre 2029

Active

Ended mandates

Christine This

Director · since 31 juillet 2018

Ended
one4seven

Managing director · since 31 mars 2014 · 0887.303.243

Represented by Rudi Vandenput

Ended
one4seven

Director · since 31 mars 2014 · until 31 juillet 2018 · 0887.303.243

Represented by Rudi Vandenput

Ended
Laurence Vandenput

Director · since 06 février 2013

Ended
At this address

Other companies at this address

CompanyCBE no.
MouterijActive
0719.989.032
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date07/08/202620/06/202520/06/202404/07/202313/06/202221/05/2021
General meeting19/05/202620/05/202521/05/202406/06/202317/05/202218/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro modelCorrection31/12/202519/05/202607/08/2026DutchPDF
Micro model31/12/202519/05/202630/07/2026DutchPDF
Micro model31/12/202420/05/202520/06/2025DutchPDF
Micro model31/12/202321/05/202420/06/2024DutchPDF
Micro model31/12/202206/06/202304/07/2023DutchPDF
Micro model31/12/202117/05/202213/06/2022DutchPDF
Micro model31/12/202018/05/202121/05/2021DutchPDF
Micro model31/12/201919/05/202015/06/2020DutchPDF
Micro model31/12/201828/06/201916/07/2019DutchPDF
Micro model31/12/201715/05/201802/08/2018DutchPDF
Micro model31/12/201616/05/201712/06/2017DutchPDF
Abridged model31/12/201517/05/201606/07/2016DutchPDF
Abridged model31/12/201419/05/201516/07/2015DutchPDF
Abridged model31/12/201311/03/201411/06/2014DutchPDF
Abridged model31/12/201221/05/201327/05/2013DutchPDF
Abridged model31/12/201115/05/201211/06/2012DutchPDF
Abridged model31/12/201017/05/201107/06/2011DutchPDF
Abridged model31/12/200918/05/201020/08/2010DutchPDF
Abridged model31/12/200822/06/200929/07/2009DutchPDF
Abridged model31/12/200720/05/200823/07/2008DutchPDF
Abridged model31/12/200615/05/200723/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 15 ended

Active mandates

Rudi Vandenput

Director · since 23 novembre 2023 · until 23 novembre 2029

Active

Ended mandates

Christine This

Director · since 31 juillet 2018

Ended
one4seven

Managing director · since 31 mars 2014 · 0887.303.243

Represented by Rudi Vandenput

Ended
one4seven

Director · since 31 mars 2014 · until 31 juillet 2018 · 0887.303.243

Represented by Rudi Vandenput

Ended
Laurence Vandenput

Director · since 06 février 2013

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/03/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2013
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares03/10/2005
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/06/2005
    MAATSCHAPPELIJKE ZETEL - 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

Timeline

  1. 2025
    Annual accounts 2025-13,3 k €
  2. 2024
    Annual accounts 2024-21,1 k €
  3. 2023
    Annual accounts 2023-5,8 k €
  4. 2022
    Annual accounts 202242 k €
  5. 2021
    Annual accounts 202183,7 k €
  6. 2020
    Annual accounts 2020-14,8 k €
  7. 2019
    Annual accounts 201911,1 k €
  8. 2018
    Annual accounts 2018-16,2 k €
  9. 2017
    Annual accounts 201728,6 k €
  10. 2016
    Annual accounts 2016-2,7 k €
  11. 2015
    Annual accounts 2015-17,5 k €
  12. 2014
    Annual accounts 2014-15,5 k €
  13. 2013
    Annual accounts 20132,9 k €
  14. 2012
    Annual accounts 201214,9 k €
  15. 2011
    Annual accounts 20113,4 k €
  16. 2010
    Annual accounts 201012,7 k €
  17. 2009
    Annual accounts 2009-589,1 €
  18. 2008
    Annual accounts 2008-15,6 k €
  19. 2007
    Annual accounts 200786,3 k €
  20. 2006
    Annual accounts 2006-14,8 k €
  21. 31/03/1993
    IncorporationPublic limited company