ACTIVE

HEXION RESEARCH BELGIUM SA

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Financial year 2025 · Closed on 31/12/2025

Net result313,7 k €+24,3 %over 1 year
Gross margin2,5 M €-0,9 %over 1 year
Equity2 M €+18,3 %over 1 year
Workforce8,7 ETP-2,2 %over 1 year

Identity

Source · BCE/KBO

HEXION RESEARCH BELGIUM SA is a Public limited company incorporated in 2000. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 8,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0469.529.092
Incorporation
17/01/2000
Legal form
Public limited company
Registered office
Avenue Jean Monnet 1
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
61 940,23 €
Latest accounts
31/12/2025
Average workforce
8,7 ETP
Joint committees (1)
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 22 filings

Trend over 6 financial years

20252024202320222011
Income statement
Gross margin2,5 M €2,5 M €2,5 M €3,2 M €–
EBITDA440,4 k €415,7 k €508,9 k €128,3 k €451,6 k €
Operating result414,9 k €386,7 k €405,7 k €271,8 k €427,7 k €
Net result313,7 k €252,4 k €248,2 k €183,5 k €272,1 k €
Balance sheet
Equity2 M €1,7 M €1,5 M €1,2 M €2,6 M €
Total assets2,7 M €2,8 M €2,3 M €4,6 M €21,3 M €
Cash188,8 k €304,5 k €305,7 k €555,6 k €–
Debts716 k €1,1 M €753,3 k €3,4 M €18,7 M €
Other
Workforce8,7 ETP8,9 ETP9,0 ETP11,9 ETP33,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

David Vanaken

Senior managing official · since 24 octobre 2024 · until 24 octobre 2030

Active
Jan Snijders

Senior managing official · since 24 octobre 2024 · until 24 octobre 2030

Active

Ended mandates

Jan Snijders

Senior managing official · since 04 avril 2023 · until 06 juin 2028

Ended
David Vanaken

Senior managing official · since 03 décembre 2018 · until 06 juin 2028

Ended
David Vanaken

Managing director · since 03 décembre 2018 · until 06 janvier 2024

Ended
Jorit Klaus

Manager · since 06 avril 2006 · until 05 juin 2012

Ended

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Avenue Jean Monnet 1 1348 Ottignies-Louvain-la-Neuve
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Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date03/06/202617/06/202529/08/202429/08/202428/07/202216/07/2021
General meeting02/06/202611/06/202511/07/202426/02/202429/06/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202603/06/2026FrenchPDF
Abridged model31/12/202411/06/202517/06/2025FrenchPDF
Abridged modelCorrection31/12/202311/07/202429/08/2024FrenchPDF
Abridged model31/12/202311/07/202407/08/2024FrenchPDF
Abridged modelCorrection31/12/202226/02/202429/08/2024FrenchPDF
Abridged model31/12/202226/02/202408/03/2024FrenchPDF
Abridged model31/12/202129/06/202228/07/2022FrenchPDF
Abridged model31/12/202029/06/202116/07/2021FrenchPDF
Full model31/12/201929/06/202004/08/2020FrenchPDF
Full model31/12/201827/09/201931/10/2019FrenchPDF
Full model31/12/201713/07/201826/07/2018FrenchPDF
Full model31/12/201614/07/201710/08/2017FrenchPDF
Full model31/12/201520/07/201606/09/2016FrenchPDF
Full model31/12/201430/06/201516/07/2015FrenchPDF
Full model31/12/201330/06/201405/08/2014FrenchPDF
Full model31/12/201228/06/201323/07/2013FrenchPDF
Full model31/12/201129/06/201213/08/2012FrenchPDF
Full model31/12/201031/01/201221/03/2012FrenchPDF
Full model31/12/200929/06/201013/07/2010FrenchPDF
Full model31/12/200828/08/200930/09/2009FrenchPDF
Full model31/12/200723/09/200814/11/2008FrenchPDF
Full model31/12/200626/06/200730/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

David Vanaken

Senior managing official · since 24 octobre 2024 · until 24 octobre 2030

Active
Jan Snijders

Senior managing official · since 24 octobre 2024 · until 24 octobre 2030

Active

Ended mandates

Jan Snijders

Senior managing official · since 04 avril 2023 · until 06 juin 2028

Ended
David Vanaken

Senior managing official · since 03 décembre 2018 · until 06 juin 2028

Ended
David Vanaken

Managing director · since 03 décembre 2018 · until 06 janvier 2024

Ended
Jorit Klaus

Manager · since 06 avril 2006 · until 05 juin 2012

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/08/2026
    Démission - Nomination - Pouvoirs
    PDF
  • Mandates23/12/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring15/03/2022
    CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates04/03/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring03/01/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Restructuring24/09/2021
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF

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 2025313,7 k €↑
  2. 2024
    Annual accounts 2024252,4 k €↑
  3. 2023
    Annual accounts 2023248,2 k €↑
  4. 2022
    Annual accounts 2022183,5 k €↓
  5. 2011
    Annual accounts 2011272,1 k €↓
  6. 2010
    Annual accounts 2010336,6 k €
  7. 17/01/2000
    IncorporationPublic limited company