ACTIVE

HAS

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Financial year 2025 · closed on 30/09/2025

Net result

-144,9 k €

-228.8% YoY

Gross margin

725,1 k €

-21.0% YoY

Equity

341,5 k €

-29.8% YoY

Workforce

10,1 ETP

+7.4% YoY

What does HAS do?

HAS is a Private limited company incorporated in 2003. Its registered office is in Geel. It employs on average 10,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.383.007

Incorporation

24/01/2003

Legal form

Private limited company

Registered office

Lammerdries 13
2440 Geel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

10,1 ETP

Joint committees (4)

Signals

Good liquidityHealthy social debts

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Health score

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✦ 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
Gross margin	725,1 k €	-21.0%	917,5 k €	+53.1%	599,5 k €	+7.9%	555,7 k €	-23.4%	725,6 k €	+7.2%	676,9 k €	-2.3%	693 k €	+19.6%	579,3 k €	+37.0%	422,8 k €	-4.0%	440,3 k €	-20.7%	555,2 k €	+8.8%	510,4 k €	+13.9%	448,2 k €	+26.0%	355,7 k €	+26.3%	281,6 k €	-40.9%	476,5 k €	+13.4%	420,3 k €	+12.2%	374,5 k €	+99.8%	187,5 k €	+48.0%	126,7 k €
EBITDA	-135,3 k €	-187%	156,4 k €	+529%	24,9 k €	-71.0%	85,7 k €	-66.4%	255,1 k €	+50.1%	169,9 k €	+61.1%	105,5 k €	-29.7%	150,1 k €	+30.1%	115,4 k €	-30.4%	165,9 k €	-22.2%	213,2 k €	+51.8%	140,4 k €	-12.0%	159,6 k €	-17.3%	192,9 k €	+179%	69,1 k €	-61.0%	177,2 k €	+19.9%	147,8 k €	-24.9%	196,7 k €	+88.5%	104,4 k €	+16.4%	89,6 k €
Operating result	-162,7 k €	-245%	112,1 k €	+743%	-17,4 k €	-138%	45,8 k €	-71.9%	162,8 k €	+90.2%	85,6 k €	+500%	14,3 k €	-78.1%	65,2 k €	+118%	29,9 k €	-31.3%	43,5 k €	-59.6%	107,5 k €	+284%	28 k €	-47.5%	53,3 k €	-33.2%	79,7 k €	+563%	-17,2 k €	-132%	53,6 k €	+54.7%	34,6 k €	-3.6%	35,9 k €	-8.6%	39,3 k €	+198%	13,2 k €
Net result	-144,9 k €	-229%	112,5 k €	+26761%	418,9 €	-99.1%	47,1 k €	-62.4%	125,3 k €	+264%	34,5 k €	+93.5%	17,8 k €	-65.1%	51 k €	+73.6%	29,4 k €	+84.6%	15,9 k €	-81.4%	85,5 k €	+218%	26,9 k €	+0.4%	26,8 k €	+76.5%	15,2 k €	-23.1%	19,7 k €	-29.0%	27,8 k €	+129%	12,1 k €	-56.5%	27,9 k €	-41.7%	47,9 k €	+107%	23,1 k €
Balance sheet
Equity	341,5 k €	-29.8%	486,4 k €	+0.5%	483,9 k €	+0.1%	483,5 k €	-9.9%	536,4 k €	+30.5%	411,1 k €	+5.0%	391,6 k €	-15.6%	463,8 k €	+12.4%	412,8 k €	+7.7%	383,4 k €	-10.3%	427,5 k €	+25.0%	341,9 k €	+8.5%	315 k €	+9.3%	288,3 k €	+5.6%	273,1 k €	+7.8%	253,4 k €	+12.3%	225,6 k €	+5.7%	213,5 k €	+15.0%	185,5 k €	+34.8%	137,7 k €
Total assets	1,8 M €	+13.4%	1,6 M €	+64.6%	957,6 k €	-13.4%	1,1 M €	+4.6%	1,1 M €	-7.7%	1,1 M €	+8.4%	1,1 M €	+15.3%	915,6 k €	-7.3%	988,1 k €	+7.4%	920,2 k €	-17.8%	1,1 M €	+3.3%	1,1 M €	-3.6%	1,1 M €	-15.7%	1,3 M €	-1.4%	1,4 M €	-15.9%	1,6 M €	-4.7%	1,7 M €	-5.3%	1,8 M €	+141%	739,7 k €	+27.9%	578,5 k €
Cash	143,7 k €	+36.8%	105 k €	+94.0%	54,1 k €	-76.9%	234,7 k €	+168%	87,5 k €	-38.1%	141,4 k €	+53.7%	92 k €	+30.2%	70,7 k €	-56.4%	162,2 k €	+51.0%	107,5 k €	-47.9%	206,3 k €	+49.8%	137,7 k €	+72.7%	79,7 k €	-49.5%	157,8 k €	+124%	70,6 k €	-20.1%	88,4 k €	+118%	40,6 k €	+109%	19,5 k €	-66.0%	57,3 k €	+4.7%	54,7 k €
Debts	1,3 M €	+17.5%	1,1 M €	+129%	473,8 k €	-23.7%	620,7 k €	+19.4%	520 k €	-29.1%	733,8 k €	+10.5%	664,2 k €	+47.0%	451,8 k €	-21.5%	575,3 k €	+7.2%	536,8 k €	-22.4%	691,6 k €	-6.7%	741,1 k €	-8.3%	808,6 k €	-22.6%	1 M €	-3.2%	1,1 M €	-20.4%	1,4 M €	-7.3%	1,5 M €	-6.8%	1,6 M €	+183%	554,2 k €	+30.2%	425,6 k €
Other
Workforce	10,1 ETP	+7.4%	9,4 ETP	+13.3%	8,3 ETP	+6.4%	7,8 ETP	-1.3%	7,9 ETP	-11.2%	8,9 ETP	-12.7%	10,2 ETP	+24.4%	8,2 ETP	+28.1%	6,4 ETP	+4.9%	6,1 ETP	-19.7%	7,6 ETP	-11.6%	8,6 ETP	+43.3%	6,0 ETP	+50.0%	4,0 ETP	-42.0%	6,9 ETP	-5.5%	7,3 ETP	+12.3%	6,5 ETP	+47.7%	4,4 ETP	+100%	2,2 ETP	+120%	1,0 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 30/09/2025 · 1 active · 5 ended

Active mandates

Willems Holding

Director · 0780.873.655

Represented by Danny Willems

Active

Ended mandates

Willems Holding

Director · since 02 février 2022 · 0780.873.655

Represented by Danny WILLEMS

Ended

STEVEN HAUSPIE

Director · since 09 janvier 2003

Ended

STEVEN HAUSPIE

Manager · since 09 janvier 2003

Ended

STEVEN HAUSPIE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
HAS Group● Active	0784.715.053
Hause Investor● Active	0782.983.307

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	30/04/2024	23/03/2023	14/03/2022	28/04/2021
General meeting	31/03/2026	30/03/2025	31/03/2024	10/03/2023	01/02/2022	13/03/2021
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	30/09/2025	31/03/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	30/03/2025	30/04/2025	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	10/03/2023	23/03/2023	Dutch	PDF
Abridged model	30/09/2021	01/02/2022	14/03/2022	Dutch	PDF
Abridged model	30/09/2020	13/03/2021	28/04/2021	Dutch	PDF
Abridged model	30/09/2019	16/03/2020	02/06/2020	Dutch	PDF
Abridged model	30/09/2018	09/03/2019	30/04/2019	Dutch	PDF
Abridged model	30/09/2017	10/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	11/03/2017	29/04/2017	Dutch	PDF
Abridged model	30/09/2015	12/03/2016	29/04/2016	Dutch	PDF
Abridged model	30/09/2014	14/03/2015	30/04/2015	Dutch	PDF
Abridged model	30/09/2013	08/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	09/03/2013	06/04/2013	Dutch	PDF
Abridged model	30/09/2011	10/03/2012	27/04/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	13/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	06/08/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	18/07/2007	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 30/09/2025 · 1 active · 5 ended

Active mandates

Willems Holding

Director · 0780.873.655

Represented by Danny Willems

Active

Ended mandates

Willems Holding

Director · since 02 février 2022 · 0780.873.655

Represented by Danny WILLEMS

Ended

STEVEN HAUSPIE

Director · since 09 janvier 2003

Ended

STEVEN HAUSPIE

Manager · since 09 janvier 2003

Ended

STEVEN HAUSPIE

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/01/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other10/11/2011
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office02/01/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/03/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/01/2004
MAATSCHAPPELIJKE ZETEL
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 2025-144,9 k €↓
2024
Annual accounts 2024112,5 k €↑
2023
Annual accounts 2023418,9 €↓
2022
Annual accounts 202247,1 k €↓
2021
Annual accounts 2021125,3 k €↑
2020
Annual accounts 202034,5 k €↑
2019
Annual accounts 201917,8 k €↓
2018
Annual accounts 201851 k €↑
2017
Annual accounts 201729,4 k €↑
2016
Annual accounts 201615,9 k €↓
2015
Annual accounts 201585,5 k €↑
2014
Annual accounts 201426,9 k €↑
2013
Annual accounts 201326,8 k €↑
2012
Annual accounts 201215,2 k €↓
2011
Annual accounts 201119,7 k €↓
2010
Annual accounts 201027,8 k €↑
2009
Annual accounts 200912,1 k €↓
2008
Annual accounts 200827,9 k €↓
2007
Annual accounts 200747,9 k €↑
2006
Annual accounts 200623,1 k €
24/01/2003
IncorporationPrivate 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

HAS

Overview

What does HAS 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