ACTIVE

HANGAR

Financial year 2025 · closed on 31/12/2025
Net result
1,2 M €
+93.7% YoY
Gross margin
1,9 M €
+90.1% YoY
Equity
741,8 k €
+36.4% YoY
Workforce
5,6 ETP
+64.7% YoY

What does HANGAR do?

HANGAR is a Private limited company incorporated in 2018. Its main activity is: Support activities to performing arts. Its registered office is in Braine-l'Alleud. It employs on average 5,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0691.771.039
Incorporation
06/03/2018
Legal form
Private limited company
Registered office
Chaussée d'Alsemberg 1021
1420 Braine-l'Alleud · WallonieSee on map
Contributed capital
218 600,00 €
Latest accounts
31/12/2025
Average workforce
5,6 ETP
Joint committees (1)
  • 304
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin1,9 M €1 M €833,9 k €24,6 k €152 k €32,5 k €-61,9 k €-63 k €
EBITDA1,7 M €849,2 k €798,6 k €23,9 k €151,6 k €32,5 k €-61,9 k €-63 k €
Operating result1,7 M €843,3 k €798,5 k €23,9 k €151,6 k €32,5 k €-61,9 k €-63,8 k €
Net result1,2 M €605,7 k €586,1 k €13,2 k €140,3 k €33,8 k €-81,3 k €-72,6 k €
Balance sheet
Equity741,8 k €543,9 k €738,1 k €52 k €38,8 k €-113,8 k €-147,6 k €-66,3 k €
Total assets2,8 M €1,6 M €1,8 M €453,7 k €179,1 k €23,7 k €49,4 k €14,5 k €
Cash104,5 k €263,5 k €816,1 k €260 k €43,8 k €9 k €5,1 k €1 k €
Debts1,9 M €820,9 k €1,1 M €401,7 k €85,4 k €137,5 k €197 k €80,8 k €
Other
Workforce5,6 ETP3,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

BUZZ MANAGEMENT

Director · since 31 mai 2023 · 0893.648.825

Represented by Eric MESTDAGH

Active
Cameron HEAL

Director · since 31 mai 2023

Active
Marvin Weymeersch

Director · since 31 mai 2023

Active
Thibault ICKX

Director · since 31 mai 2023

Active

Ended mandates

BUZZ MANAGEMENT

Director · 0893.648.825

Represented by Eric MESTDAGH

Ended
Cameron HEAL

Director

Ended
Cameron HEAL

Manager

Ended
Marvin WEYMEERSCH

Director

Ended
At this address

Other companies at this address

CompanyCBE no.
BRUPLUSActive
0716.638.176
0545.787.722
0433.660.472
HANGAR STUDIOActive
0766.767.974
HANGAR TALENTActive
1020.410.306
0870.243.913
JARDIN ALPINActive
0766.943.960
0675.839.877
L'HERMITEActive
0431.100.860
POWER GOLFActive
1008.747.540
TODOActive
0473.850.344
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro modelMicro modelMicro 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 date31/08/202626/08/202527/08/202425/09/202317/10/202231/08/2021
General meeting31/07/202622/08/202515/05/202415/05/202316/05/202215/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202631/08/2026FrenchPDF
Abridged model31/12/202422/08/202526/08/2025FrenchPDF
Micro model31/12/202315/05/202427/08/2024FrenchPDF
Micro model31/12/202215/05/202325/09/2023FrenchPDF
Micro model31/12/202116/05/202217/10/2022FrenchPDF
Micro model31/12/202015/05/202131/08/2021FrenchPDF
Micro model31/12/201915/05/202014/10/2020FrenchPDF
Micro model31/12/201815/05/201926/06/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 active · 7 ended

Active mandates

BUZZ MANAGEMENT

Director · since 31 mai 2023 · 0893.648.825

Represented by Eric MESTDAGH

Active
Cameron HEAL

Director · since 31 mai 2023

Active
Marvin Weymeersch

Director · since 31 mai 2023

Active
Thibault ICKX

Director · since 31 mai 2023

Active

Ended mandates

BUZZ MANAGEMENT

Director · 0893.648.825

Represented by Eric MESTDAGH

Ended
Cameron HEAL

Director

Ended
Cameron HEAL

Manager

Ended
Marvin WEYMEERSCH

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/06/2023
    MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Other08/03/2018
    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

Timeline

  1. 2025
    Annual accounts 20251,2 M €
  2. 2024
    Annual accounts 2024605,7 k €
  3. 2023
    Annual accounts 2023586,1 k €
  4. 2022
    Annual accounts 202213,2 k €
  5. 2021
    Annual accounts 2021140,3 k €
  6. 2020
    Annual accounts 202033,8 k €
  7. 2019
    Annual accounts 2019-81,3 k €
  8. 2018
    Annual accounts 2018-72,6 k €
  9. 06/03/2018
    IncorporationPrivate limited company