ACTIVE

Hyphen Finance

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €-33,8 %over 1 year
Revenue24,5 M €-0,5 %over 1 year
Equity3,1 M €-4,2 %over 1 year
Workforce72,4 ETP+17,3 %over 1 year

Identity

Source · BCE/KBO

Hyphen Finance is a Private limited company incorporated in 2017. Its main activity is: Activities of employment placement agencies. Its registered office is in Antwerpen. It employs on average 72,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0668.665.540
Incorporation
03/01/2017
Legal form
Private limited company
Registered office
Scheldestraat 11
2000 Antwerpen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
72,4 ETP
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue24,5 M €24,6 M €21,7 M €15,3 M €9,8 M €
EBITDA1,9 M €2,5 M €2,2 M €1,7 M €811,9 k €
Operating result1,7 M €2,4 M €2,2 M €1,7 M €764,2 k €
Net result1,1 M €1,6 M €1,5 M €1,3 M €596 k €
Balance sheet
Equity3,1 M €3,2 M €2,6 M €2,6 M €2,2 M €
Total assets5,7 M €5,8 M €5,2 M €5,3 M €3,3 M €
Cash670,8 k €361,1 k €619,9 k €1,2 M €1,1 M €
Debts2,6 M €2,6 M €2,6 M €2,4 M €1 M €
Other
Workforce72,4 ETP61,7 ETP42,6 ETP31,1 ETP24,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 12 ended

Active mandates

Guy Vaes

Director · since 13 juin 2023

Active
Koen Aerts

Director · since 13 juin 2023

Active

Ended mandates

Guy Vaes

Director · since 13 juin 2024

Ended
Koen Aerts

Director · since 13 juin 2024

Ended
Aster

Director · since 10 février 2021 · 0668.577.250

Represented by Koen AERTS

Ended
Aster

Director · since 10 février 2021 · until 13 juin 2023 · 0668.577.250

Represented by Koen Aerts

Ended

Other companies at this address

Scheldestraat 11 2000 Antwerpen
CompanyCBE no.
1105 Holding● Active
0731.752.756
1105 real estate● Active
0807.654.563
1105 Ventures I● Active
0841.625.646
BUNDL● Active
0808.170.346
BUNDL HOLDING● Active
0652.881.462
Bundl Launchpad● Active
1026.231.690
BUNDL VENTURES● Active
0792.446.448
Credix Finance● Active
0777.287.031
JJ Corporation● Active
1003.681.962
Joyrise● Active
1033.687.329
LEVEL16● Active
0800.141.617
MAASSMEDIA● Active
0731.948.538
NOVEMBER FIVE● Active
0820.822.413
RECNEPS● Active
0667.513.616
ROGER● Active
0653.822.560
Triumph● Active
0578.980.726
Vereniging van Mede-eigenaars De Vismijn te Antwerpen Scheldestraat 11, groot 3396 m²● Active
0864.783.308
Vereniging van Mede-eigenaars "Oude Vismijn" te Antwerpen, Scheldestraat 11, groot 2472 m²● Active
0821.553.475
XTRACT● Active
0792.479.310

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull 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 date24/07/202611/07/202519/07/202417/07/202306/07/202229/07/2021
General meeting09/07/202630/06/202512/07/202429/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/07/202624/07/2026DutchPDF
Full model31/12/202430/06/202511/07/2025DutchPDF
Full model31/12/202312/07/202419/07/2024DutchPDF
Full model31/12/202229/06/202317/07/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Abridged model31/12/202030/06/202129/07/2021DutchPDF
Abridged model31/12/201908/09/202029/10/2020DutchPDF
Abridged model31/12/201830/06/201930/07/2019DutchPDF
Abridged model31/12/201728/06/201831/07/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 12 ended

Active mandates

Guy Vaes

Director · since 13 juin 2023

Active
Koen Aerts

Director · since 13 juin 2023

Active

Ended mandates

Guy Vaes

Director · since 13 juin 2024

Ended
Koen Aerts

Director · since 13 juin 2024

Ended
Aster

Director · since 10 février 2021 · 0668.577.250

Represented by Koen AERTS

Ended
Aster

Director · since 10 février 2021 · until 13 juin 2023 · 0668.577.250

Represented by Koen Aerts

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other03/08/2026
    DIVERSEN
    PDF
  • Mandates07/07/2023
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2021
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other05/01/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,1 M €↓
  2. 2024
    Annual accounts 20241,6 M €↑
  3. 2023
    Annual accounts 20231,5 M €↑
  4. 2022
    Annual accounts 20221,3 M €↑
  5. 2021
    Annual accounts 2021596 k €↑
  6. 2020
    Name changeHyphen Finance
  7. 2018
    Annual accounts 2018520,1 k €↑
  8. 2017
    Annual accounts 2017256,4 k €
  9. 03/01/2017
    IncorporationPrivate limited company
  10. 2017
    Name changeDIXON PROJECT SOLUTIONS