ACTIVE

HIVE-X Services

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Financial year 2025 · closed on 31/12/2025

Net result

-5 k €

-106.2% YoY

Gross margin

455,9 k €

-26.0% YoY

Equity

382,8 k €

-35.4% YoY

Workforce

5,0 ETP

-16.7% YoY

What does HIVE-X Services do?

HIVE-X Services is a Private limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles. It employs on average 5,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0505.815.606

Incorporation

01/12/2014

Legal form

Private limited company

Registered office

Square de Meeûs 38-40
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

5,0 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Gross margin	455,9 k €	-26.0%	616,3 k €	-3.3%	637,4 k €	+8.2%	589,1 k €	-16.0%	701,7 k €	+6.4%	659,3 k €	+16.4%	566,6 k €	+47.4%	384,3 k €	+184%	135,3 k €	+95.9%	69,1 k €	-29.4%	97,8 k €
EBITDA	119,5 k €	-49.4%	236,3 k €	+1.3%	233,2 k €	+76.1%	132,5 k €	-59.0%	323,1 k €	-4.4%	338,1 k €	+48.7%	227,3 k €	+17.6%	193,3 k €	+102%	95,5 k €	+43.8%	66,4 k €	-21.7%	84,9 k €
Operating result	103,4 k €	-52.9%	219,6 k €	-0.8%	221,3 k €	+101%	110,2 k €	-63.6%	303 k €	-4.5%	317,4 k €	+54.0%	206,1 k €	+19.0%	173,1 k €	+94.6%	89 k €	+43.8%	61,9 k €	-24.2%	81,6 k €
Net result	-5 k €	-106%	81,1 k €	+17.2%	69,2 k €	+791%	-10 k €	-110%	104,5 k €	-50.6%	211,3 k €	+65.4%	127,8 k €	+9.9%	116,2 k €	+115%	54,1 k €	+41.9%	38,1 k €	-25.3%	51 k €
Balance sheet
Equity	382,8 k €	-35.4%	592,8 k €	-7.1%	638,4 k €	+2.8%	620,9 k €	-6.3%	662,6 k €	+14.3%	579,7 k €	+44.9%	400 k €	+45.7%	274,6 k €	+71.9%	159,7 k €	+48.3%	107,7 k €	+54.8%	69,6 k €
Total assets	755,7 k €	-21.7%	965,1 k €	+6.6%	904,9 k €	+9.0%	830,2 k €	-2.9%	854,9 k €	+5.9%	807,6 k €	+41.9%	569,1 k €	+50.4%	378,4 k €	+71.1%	221,2 k €	+39.4%	158,7 k €	+104%	77,7 k €
Cash	389 k €	-45.4%	712,8 k €	+5.4%	676,6 k €	+29.6%	521,9 k €	-8.6%	571 k €	+11.3%	512,9 k €	+54.1%	332,9 k €	+56.7%	212,4 k €	+29.5%	164,1 k €	+51.7%	108,1 k €	+112%	50,9 k €
Debts	371,2 k €	+0.3%	370,2 k €	+40.8%	262,9 k €	+25.6%	209,3 k €	+46.2%	143,1 k €	-20.7%	180,4 k €	+48.2%	121,7 k €	+68.3%	72,3 k €	+151%	28,9 k €	+42.4%	20,3 k €	+157%	7,9 k €
Other
Workforce	5,0 ETP	-16.7%	6,0 ETP	-4.8%	6,3 ETP	-16.0%	7,5 ETP	+10.3%	6,8 ETP	+11.5%	6,1 ETP	-10.3%	6,8 ETP	+51.1%	4,5 ETP		–		–		0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Marc Durieux

Director

Active

Thibaut de Sany

Director

Active

Ended mandates

Durieux Marc

Manager

Ended

Thibaut de Sany

Manager

Ended

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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	01/01/2025	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	29/05/2026	22/05/2025	31/05/2024	04/07/2023	30/07/2022	30/07/2021
General meeting	29/04/2026	26/04/2025	03/05/2024	12/04/2023	07/05/2022	01/05/2021
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

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/04/2026	29/05/2026	French	PDF
Abridged model	31/12/2024	26/04/2025	22/05/2025	French	PDF
Abridged model	31/12/2023	03/05/2024	31/05/2024	French	PDF
Abridged model	31/12/2022	12/04/2023	04/07/2023	French	PDF
Abridged model	31/12/2021	07/05/2022	30/07/2022	French	PDF
Abridged model	31/12/2020	01/05/2021	30/07/2021	French	PDF
Abridged model	31/12/2019	02/05/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	04/05/2019	27/08/2019	French	PDF
Micro model	31/12/2017	05/05/2018	13/08/2018	French	PDF
Micro model	31/12/2016	21/09/2017	28/09/2017	French	PDF
Abridged model	31/12/2015	07/05/2016	23/08/2016	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Marc Durieux

Director

Active

Thibaut de Sany

Director

Active

Ended mandates

Durieux Marc

Manager

Ended

Thibaut de Sany

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/06/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates09/07/2015
DEMISSIONS, NOMINATIONS
PDF
Other03/12/2014
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 2025-5 k €↓
2024
Annual accounts 202481,1 k €↑
2023
Annual accounts 202369,2 k €↑
2022
Annual accounts 2022-10 k €↓
2021
Annual accounts 2021104,5 k €↓
2020
Annual accounts 2020211,3 k €↑
2019
Annual accounts 2019127,8 k €↑
2018
Annual accounts 2018116,2 k €↑
2017
Annual accounts 201754,1 k €↑
2016
Annual accounts 201638,1 k €↓
2015
Annual accounts 201551 k €
01/12/2014
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

HIVE-X Services

Overview

What does HIVE-X Services do?

Trend over 11 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