ACTIVE

HAZGO

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 M €

+31.9% YoY

Revenue

14,2 M €

Equity

736,4 k €

-80.6% YoY

Workforce

31,7 ETP

+11.2% YoY

What does HAZGO do?

HAZGO is a Private limited company incorporated in 2009. Its main activity is: Support activities for transportation. Its registered office is in Machelen (Brab.). It employs on average 31,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.284.451

Incorporation

09/03/2009

Legal form

Private limited company

Registered office

Bedrijvenzone Machelen-Cargo 719
1830 Machelen (Brab.) · FlandreSee on map

Contributed capital

82 000,00 €

Latest accounts

31/12/2025

Average workforce

31,7 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.52250Support activities for transportation 52290Other transportation support activities+4

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Revenue	14,2 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	2,9 M €	+27.5%	2,2 M €	+74.6%	1,3 M €	+45.4%	886,3 k €	+11.4%	795,3 k €	+3.4%	769,2 k €	+5.8%	727,2 k €	-0.9%	733,8 k €	+6.5%	688,7 k €	+32.1%	521,5 k €	+9.4%	476,6 k €	+22.3%	389,8 k €	-8.9%	427,6 k €	+8.1%	395,8 k €	+2.4%	386,5 k €	+61.1%	240 k €
Operating result	2,7 M €	+27.3%	2,1 M €	+90.4%	1,1 M €	+44.3%	780,8 k €	+4.7%	745,9 k €	+3.6%	719,7 k €	+10.3%	652,5 k €	+1.0%	646,1 k €	+11.3%	580,4 k €	+22.3%	474,6 k €	+9.7%	432,6 k €	+21.5%	356,2 k €	-7.1%	383,6 k €	+3.5%	370,5 k €	+0.7%	368,1 k €	+71.2%	215 k €
Net result	2,1 M €	+31.9%	1,6 M €	+106%	758,3 k €	+20.5%	629,3 k €	+13.9%	552,7 k €	+5.5%	523,8 k €	+19.8%	437,2 k €	+2.5%	426,6 k €	+13.6%	375,6 k €	+23.4%	304,4 k €	-1.0%	307,4 k €	+27.5%	241,1 k €	-4.3%	252,1 k €	+3.1%	244,4 k €	+1.2%	241,5 k €	+81.9%	132,8 k €
Balance sheet
Equity	736,4 k €	-80.6%	3,8 M €	+70.1%	2,2 M €	+51.6%	1,5 M €	-20.2%	1,8 M €	-9.7%	2 M €	+34.6%	1,5 M €	+40.6%	1,1 M €	+65.7%	649,3 k €	-16.1%	773,7 k €	+7.6%	719,2 k €	+28.0%	561,8 k €	+7.9%	520,7 k €	+93.8%	268,7 k €	-31.9%	394,3 k €	+158%	152,8 k €
Total assets	8,8 M €	+48.9%	5,9 M €	+51.7%	3,9 M €	-23.9%	5,1 M €	+6.8%	4,8 M €	+48.0%	3,2 M €	+14.4%	2,8 M €	+41.8%	2 M €	-16.4%	2,4 M €	+21.5%	2 M €	+27.8%	1,5 M €	+23.4%	1,2 M €	+18.2%	1,1 M €	+6.9%	986,5 k €	+27.3%	775,1 k €	+92.2%	403,3 k €
Cash	1,5 M €	-43.1%	2,7 M €	+1669%	151,7 k €	-89.7%	1,5 M €	-30.4%	2,1 M €	+36.4%	1,6 M €	+42.7%	1,1 M €	+130%	475 k €	+17.7%	403,6 k €	-34.1%	612,1 k €	+108%	294,4 k €	-9.7%	326,1 k €	+64.8%	197,9 k €	-36.7%	312,8 k €	+22.6%	255,2 k €	+165%	96,5 k €
Debts	8,1 M €	+281%	2,1 M €	+27.2%	1,7 M €	-54.2%	3,6 M €	+23.7%	2,9 M €	+145%	1,2 M €	-8.9%	1,3 M €	+43.2%	919,6 k €	-46.9%	1,7 M €	+45.7%	1,2 M €	+45.8%	815,4 k €	+19.6%	681,7 k €	+29.0%	528,6 k €	-25.3%	707,4 k €	+85.8%	380,7 k €	+52.0%	250,4 k €
Other
Workforce	31,7 ETP	+11.2%	28,5 ETP	+5.6%	27,0 ETP	+13.9%	23,7 ETP	+10.2%	21,5 ETP	+10.8%	19,4 ETP	+2.6%	18,9 ETP	+1.6%	18,6 ETP	+39.8%	13,3 ETP	+10.8%	12,0 ETP	+0.8%	11,9 ETP	+10.2%	10,8 ETP	+31.7%	8,2 ETP	+17.1%	7,0 ETP	+40.0%	5,0 ETP	+163%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Kristof Van den Elsen

Director · since 24 juin 2026 · until 27 juin 2029

Active

Johan Pype

Director · since 03 octobre 2024 · until 25 juin 2027

Active

Richard Oostrom

Director · since 03 octobre 2024 · until 24 juin 2026

Active

Ended mandates

Johan Pype

Director · since 03 octobre 2024

Ended

Richard Oostrom

Director · since 03 octobre 2024

Ended

ALIAS Management

Manager · since 30 septembre 2011 · 0832.359.869

Represented by Lauwers URI

Ended

DG Solutions

Manager · since 30 septembre 2011 · 0832.360.364

Represented by Heymans TOM

Ended

At this address

Other companies at this address

Company	CBE no.
EV Cargo Global Forwarding● Active	0477.291.072

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	04/09/2026	01/07/2025	27/06/2024	30/08/2023	18/07/2022	09/07/2021
General meeting	24/06/2026	25/06/2025	26/06/2024	28/06/2023	29/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	24/06/2026	04/09/2026	Dutch	PDF
Full model	31/12/2025	24/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	01/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	29/06/2022	18/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	29/06/2016	07/07/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	29/06/2011	29/08/2011	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 15 ended

Active mandates

Kristof Van den Elsen

Director · since 24 juin 2026 · until 27 juin 2029

Active

Johan Pype

Director · since 03 octobre 2024 · until 25 juin 2027

Active

Richard Oostrom

Director · since 03 octobre 2024 · until 24 juin 2026

Active

Ended mandates

Johan Pype

Director · since 03 octobre 2024

Ended

Richard Oostrom

Director · since 03 octobre 2024

Ended

ALIAS Management

Manager · since 30 septembre 2011 · 0832.359.869

Represented by Lauwers URI

Ended

DG Solutions

Manager · since 30 septembre 2011 · 0832.360.364

Represented by Heymans TOM

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2026
Statutaire benoeming: herbenoeming van bestuurders - Delegatie van
PDF
Registered office05/11/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring29/04/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/02/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates22/10/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/09/2017
MAATSCHAPPELIJKE ZETEL
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 20252,1 M €↑
2024
Annual accounts 20241,6 M €↑
2023
Annual accounts 2023758,3 k €↑
2022
Annual accounts 2022629,3 k €↑
2021
Annual accounts 2021552,7 k €↑
2020
Annual accounts 2020523,8 k €↑
2019
Annual accounts 2019437,2 k €↑
2018
Annual accounts 2018426,6 k €↑
2017
Annual accounts 2017375,6 k €↑
2016
Annual accounts 2016304,4 k €↓
2015
Annual accounts 2015307,4 k €↑
2014
Annual accounts 2014241,1 k €↓
2013
Annual accounts 2013252,1 k €↑
2012
Annual accounts 2012244,4 k €↑
2011
Annual accounts 2011241,5 k €↑
2010
Annual accounts 2010132,8 k €
09/03/2009
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

HAZGO

Overview

What does HAZGO do?

Trend over 16 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