ACTIVE

Hexaware Technologies Belgium

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Financial year 2025 · closed on 31/12/2025

Net result

172 k €

+76.5% YoY

Revenue

21,6 M €

Equity

531,5 k €

+47.9% YoY

Workforce

22,1 ETP

+39.0% YoY

What does Hexaware Technologies Belgium do?

Hexaware Technologies Belgium is a Private limited company incorporated in 2021. Its main activity is: Computer programming activities. Its registered office is in Bruxelles. It employs on average 22,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0765.203.009

Incorporation

15/03/2021

Legal form

Private limited company

Registered office

Rue des Colonies 11
1000 Bruxelles · BruxellesSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Average workforce

22,1 ETP

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 62010Computer programming activities 62030Computer facilities management activities+7

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	21,6 M €		–		–		–		–
EBITDA	283,9 k €	+155%	111,1 k €	+531%	-25,8 k €	-110%	270,8 k €		–
Operating result	280,8 k €	+153%	111,1 k €	+531%	-25,8 k €	-110%	270,8 k €		–
Net result	172 k €	+76.5%	97,5 k €	+421%	-30,4 k €	-116%	192,3 k €		–
Balance sheet
Equity	531,5 k €	+47.9%	359,4 k €	+37.2%	262 k €	-10.4%	292,3 k €	+192%	100 k €
Total assets	7,6 M €	-1.4%	7,7 M €	+93.9%	4 M €	+245%	1,2 M €	+1050%	100 k €
Cash	3,7 M €	-30.7%	5,3 M €	+362%	1,1 M €	+263%	317 k €		–
Debts	7 M €	-4.3%	7,3 M €	+97.9%	3,7 M €	+334%	854,1 k €		–
Other
Workforce	22,1 ETP	+39.0%	15,9 ETP	+14.4%	13,9 ETP	+15.8%	12,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Iyer Parameswaran Laxminarayan

Director · since 10 septembre 2025

Active

Vasanth Kumar Shreyas Chakravarthy

Director · since 10 septembre 2025

Active

Augustine Uruvath

Managing director · since 15 mars 2021

Active

Ended mandates

Lyer Parameswaran Laxminarayan

Director · since 29 septembre 2025

Ended

Vasanth Kumar Shreyas Chakravarthy

Director · since 29 septembre 2025

Ended

Sivakumar SHASHANK

Director · since 18 mars 2024 · until 20 mars 2025

Ended

Amrinder Singh

Director · since 15 mars 2021 · until 12 septembre 2025

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021
Type of account	Full model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	15/03/2021
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	10 months
Filing date	10/09/2026	09/10/2025	18/07/2024	14/07/2023	07/10/2022
General meeting	04/09/2026	29/09/2025	16/07/2024	30/06/2023	16/05/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/09/2026	10/09/2026	French	PDF
Abridged model	31/12/2024	29/09/2025	09/10/2025	French	PDF
Abridged model	31/12/2023	16/07/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	14/07/2023	French	PDF
Micro model	31/12/2021	16/05/2022	07/10/2022	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 6 ended

Active mandates

Iyer Parameswaran Laxminarayan

Director · since 10 septembre 2025

Active

Vasanth Kumar Shreyas Chakravarthy

Director · since 10 septembre 2025

Active

Augustine Uruvath

Managing director · since 15 mars 2021

Active

Ended mandates

Lyer Parameswaran Laxminarayan

Director · since 29 septembre 2025

Ended

Vasanth Kumar Shreyas Chakravarthy

Director · since 29 septembre 2025

Ended

Sivakumar SHASHANK

Director · since 18 mars 2024 · until 20 mars 2025

Ended

Amrinder Singh

Director · since 15 mars 2021 · until 12 septembre 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates10/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates29/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates20/01/2023
DEMISSIONS, NOMINATIONS
PDF
Other17/03/2021
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 2025172 k €↑
2024
Annual accounts 202497,5 k €↑
2023
Annual accounts 2023-30,4 k €↓
2022
Annual accounts 2022192,3 k €
2021
Annual accounts 2021
15/03/2021
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

Hexaware Technologies Belgium

Overview

What does Hexaware Technologies Belgium do?

Trend over 5 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