ACTIVE

Hangar K

Financial year 2025 · closed on 31/12/2025
Net result
4,6 k €
-30.0% YoY
Gross margin
413,8 k €
+0.4% YoY
Equity
30,5 k €
+17.7% YoY
Workforce
3,9 ETP

What does Hangar K do?

Hangar K is a Non-profit organization incorporated in 2017. Its main activity is: Other information technology and computer service activities. Its registered office is in Kortrijk. It employs on average 3,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0685.433.672
Incorporation
28/11/2017
Legal form
Non-profit organization
Registered office
Nelson Mandelaplein(Kor) 2
8500 Kortrijk · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
3,9 ETP
Joint committees (1)
  • 33700
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin413,8 k €412 k €439,7 k €196,2 k €224,8 k €
EBITDA122 k €117,1 k €117,7 k €30,4 k €117,2 k €
Operating result21,7 k €22,9 k €28,6 k €-78,2 k €8,9 k €
Net result4,6 k €6,6 k €23,1 k €-82,1 k €6,9 k €
Balance sheet
Equity30,5 k €25,9 k €19,4 k €-3,7 k €78,4 k €
Total assets1,7 M €2,2 M €3,8 M €1,4 M €1,1 M €
Cash114 k €187,6 k €454 k €158,7 k €263,4 k €
Debts1 M €993,8 k €1,3 M €1,1 M €860,7 k €
Other
Workforce3,9 ETP––––
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 · 6 active · 8 ended

Active mandates

Evelyne Dhaenens

Director · since 09 juillet 2025 · until 28 février 2028

Active
Evelyne Terryn

Director · since 09 juillet 2025 · until 28 février 2028

Active
Frederik D'hulster

Director · since 09 juillet 2025 · until 28 février 2028

Active
Ruth Vandenberghe

Director · since 09 juillet 2025 · until 28 février 2028

Active
Arne Vandendriessche

Chairman of the board of directors · since 23 décembre 2021 · until 28 février 2028

Active
Lode Uytterschaut

Director · since 16 novembre 2017 · until 28 février 2028

Active

Ended mandates

Arne Vandendriessche

Chairman of the board of directors · since 23 décembre 2021

Ended
Wout Maddens

Director · since 23 décembre 2021

Ended
Bert Mons

Director · since 18 juin 2021

Ended
Sam Bambust

Director · since 28 juin 2019

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months12 months
Filing date19/05/202610/06/202512/11/202412/11/202419/10/2022
General meeting22/04/202618/02/202509/02/202424/04/202312/10/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/04/202619/05/2026DutchPDF
Abridged model31/12/202418/02/202510/06/2025DutchPDF
Abridged model31/12/202309/02/202412/11/2024DutchPDF
Micro model31/12/202224/04/202312/11/2024DutchPDF
Micro model31/12/202112/10/202219/10/2022DutchPDF
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 · 6 active · 8 ended

Active mandates

Evelyne Dhaenens

Director · since 09 juillet 2025 · until 28 février 2028

Active
Evelyne Terryn

Director · since 09 juillet 2025 · until 28 février 2028

Active
Frederik D'hulster

Director · since 09 juillet 2025 · until 28 février 2028

Active
Ruth Vandenberghe

Director · since 09 juillet 2025 · until 28 février 2028

Active
Arne Vandendriessche

Chairman of the board of directors · since 23 décembre 2021 · until 28 février 2028

Active
Lode Uytterschaut

Director · since 16 novembre 2017 · until 28 février 2028

Active

Ended mandates

Arne Vandendriessche

Chairman of the board of directors · since 23 décembre 2021

Ended
Wout Maddens

Director · since 23 décembre 2021

Ended
Bert Mons

Director · since 18 juin 2021

Ended
Sam Bambust

Director · since 28 juin 2019

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/05/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates20/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/11/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20254,6 k €↓
  2. 2024
    Annual accounts 20246,6 k €↓
  3. 2023
    Annual accounts 202323,1 k €↑
  4. 2022
    Annual accounts 2022-82,1 k €↓
  5. 2021
    Annual accounts 20216,9 k €
  6. 28/11/2017
    IncorporationNon-profit organization