ACTIVE

Hitachi Energy Belgium

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Financial year 2025 · Closed on 31/03/2025

Net result-38,3 M €-35,8 %over 1 year
Revenue97 M €+11,4 %over 1 year
Equity46,5 M €+701,4 %over 1 year
Workforce249,0 ETP+15,8 %over 1 year

Identity

Source · BCE/KBO

Hitachi Energy Belgium is a Public limited company incorporated in 2019. Its main activity is: Manufacture of electronic components. Its registered office is in Zaventem. It employs on average 249,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0725.921.769
Incorporation
30/04/2019
Legal form
Public limited company
Registered office
Belgicastraat 18 box 1
1930 Zaventem · FlandreSee on map
Contributed capital
56 042 440,17 €
Latest accounts
31/03/2025
Average workforce
249,0 ETP
Joint committees (2)
  • 111
  • 209
Signals
Healthy social debtsHigh revenue

Financials

Source · NBB, 6 filings

Trend over 4 financial years

2025202420232022
Income statement
Revenue97 M €87,1 M €66,5 M €108,8 M €
EBITDA-35,8 M €-17,6 M €-9 M €-9,2 M €
Operating result-36,4 M €-25,9 M €-9,8 M €-10,6 M €
Net result-38,3 M €-28,2 M €-10,5 M €-11 M €
Balance sheet
Equity46,5 M €5,8 M €6 M €16,5 M €
Total assets184,8 M €123,9 M €73,9 M €72,4 M €
Cash30 M €7,1 M €–0 €
Debts134,8 M €111,7 M €67,1 M €53,4 M €
Other
Workforce249,0 ETP215,0 ETP197,8 ETP184,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

3 active · 2 ended

Active mandates

Maxine Ghavi

Chairman of the board of directors · since 03 février 2025 · until 02 février 2031

Active
Melina Das

Director · since 15 décembre 2023 · until 14 décembre 2029

Active
Marijke Achten

Director · since 29 juin 2020 · until 29 juin 2026

Active

Ended mandates

Dahlmann Petra Unifin B.V., represented by

Director · since 15 juillet 2022 · until 28 juin 2023

Ended
Bogemans Steve

Chairman of the board of directors · since 24 mars 2020 · until 24 mars 2026

Ended

Other companies at this address

Belgicastraat 18 1930 Zaventem
CompanyCBE no.
AUTO BODY SERVICES● Active
0458.190.881

Full financial information

Source · NBB
20252024202320222020
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/01/202130/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/12/2020
Length of the financial year12 months12 months12 months15 months21 months
Filing date19/09/202520/09/202403/11/202323/12/202202/11/2022
General meeting12/09/202517/09/202419/09/202309/11/202222/06/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202512/09/202519/09/2025DutchPDF
Full model31/03/202417/09/202420/09/2024DutchPDF
Full model31/03/202319/09/202303/11/2023DutchPDF
Full model31/03/202209/11/202223/12/2022DutchPDF
Full modelCorrection31/12/202022/06/202202/11/2022DutchPDF
Full model31/12/202022/06/202229/07/2022DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2025

3 active · 2 ended

Active mandates

Maxine Ghavi

Chairman of the board of directors · since 03 février 2025 · until 02 février 2031

Active
Melina Das

Director · since 15 décembre 2023 · until 14 décembre 2029

Active
Marijke Achten

Director · since 29 juin 2020 · until 29 juin 2026

Active

Ended mandates

Dahlmann Petra Unifin B.V., represented by

Director · since 15 juillet 2022 · until 28 juin 2023

Ended
Bogemans Steve

Chairman of the board of directors · since 24 mars 2020 · until 24 mars 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/02/2025
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares25/02/2025
    CAPITAL, ACTIONS
    PDF
  • Registered office08/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates24/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 30/04/2026
    nominationTom Arnold A. De Wachter — bestuurder
  2. 16/07/2025
    nominationMaurits Jacob Manne Ornstein — voorzitter van de raad van bestuur
  3. 15/07/2025
    nominationMaurits Jacob Manne Omstein — bestuurder
  4. 17/04/2025
    nominationMahboubeh Maxine Ghavi — voorzitter van de raad van bestuur
  5. 2025
    Annual accounts 2025-38,3 M €↓
  6. 13/02/2025
    augmentation_capital
  7. 13/02/2025
    reduction_capital
  8. 03/02/2025
    nominationMahboubeh Maxine Ghavi — bestuurder
  9. 03/02/2025
    nominationMarijke Achten — voorzitter van de raad van bestuur
  10. 28/10/2024
    nominationFrédéric De Mee — vaste vertegenwoordiger van EY Bedrijfsrevisoren (commissaris)
  11. 2024
    Annual accounts 2024-28,2 M €↓
  12. 15/12/2023
    nominationMelina Das — bestuurder
  13. 19/09/2023
    reconductionErnst & Young Bedrijfsrevisoren BCVBA — commissaris
  14. 2023
    Annual accounts 2023-10,5 M €↑
  15. 15/07/2022
    nominationFinance United (Unifin BV) — bestuurder (CFO)
  16. 2022
    Annual accounts 2022-11 M €
  17. 30/04/2019
    IncorporationPublic limited company