ACTIVE

Havanges

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Financial year 2025 · closed on 31/12/2025

Net result

-48,6 k €

-37.7% YoY

Gross margin

145,2 k €

+46.8% YoY

Equity

4,1 M €

-1.2% YoY

What does Havanges do?

Havanges is a Private limited company incorporated in 2010. Its main activity is: Activities of head offices. Its registered office is in Hoogstraten.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0825.236.111

Incorporation

15/04/2010

Legal form

Private limited company

Registered office

Beemden 44
2322 Hoogstraten · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 63920Other information service activities 63990Other information service activities n.e.c.64929Other credit granting 64929Other credit granting+4

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	145,2 k €	+46.8%	98,9 k €	+34.4%	73,6 k €	-44.3%	132,1 k €	+101%	65,8 k €	-73.4%	247,9 k €	-23.2%	322,7 k €	-13.6%	373,5 k €	-36.7%	589,9 k €	+63.6%	360,6 k €	-7.2%	388,8 k €	+34.7%	288,5 k €	+72.6%	167,2 k €	+2.9%	162,4 k €	+40.1%	115,9 k €
EBITDA	27,8 k €	-68.4%	87,9 k €	+46.9%	59,8 k €	-51.8%	124,1 k €	+193%	42,4 k €	-82.6%	243,9 k €	-22.9%	316,1 k €	-14.7%	370,5 k €	-36.8%	586,1 k €	+64.1%	357,2 k €	-7.7%	387,1 k €	+35.4%	285,9 k €	+72.2%	166 k €	+5.4%	157,6 k €	+41.1%	111,7 k €
Operating result	-57,6 k €	-1286%	-4,2 k €	+90.2%	-42,6 k €	-202%	41,6 k €	+5211%	-814,1 €	-101%	156,5 k €	-15.7%	185,5 k €	-39.7%	307,8 k €	-39.2%	506,1 k €	+58.4%	319,5 k €	-10.8%	358,1 k €	+39.4%	256,8 k €	+84.0%	139,6 k €	-11.4%	157,6 k €	+62.1%	97,2 k €
Net result	-48,6 k €	-37.7%	-35,3 k €	-13.1%	-31,2 k €	-248%	21,2 k €	+152%	-40,9 k €	-101%	3,6 M €	+3038%	113,6 k €	-35.8%	177 k €	-41.1%	300,3 k €	+67.1%	179,7 k €	-1.7%	182,9 k €	+30.0%	140,7 k €	+87.2%	75,2 k €	-22.4%	96,9 k €	+70.5%	56,8 k €
Balance sheet
Equity	4,1 M €	-1.2%	4,2 M €	-0.8%	4,2 M €	-0.7%	4,2 M €	-1.3%	4,3 M €	-0.9%	4,3 M €	+227%	1,3 M €	+9.3%	1,2 M €	+17.0%	1 M €	+40.7%	738,3 k €	+32.2%	558,7 k €	+48.7%	375,8 k €	+59.8%	235,1 k €	+47.0%	159,9 k €	+154%	63 k €
Total assets	5,9 M €	-13.8%	6,8 M €	-4.8%	7,1 M €	+3.6%	6,9 M €	-7.2%	7,4 M €	+16.7%	6,4 M €	+137%	2,7 M €	+24.7%	2,1 M €	+3.7%	2,1 M €	+68.9%	1,2 M €	+10.9%	1,1 M €	+11.5%	991,9 k €	+7.3%	924,5 k €	+38.9%	665,4 k €	+64.3%	404,9 k €
Cash	923,4 k €	+862%	95,9 k €	-55.8%	217,1 k €	-9.3%	239,4 k €	-84.8%	1,6 M €	-62.8%	4,2 M €	+941%	407,9 k €	+26.3%	323,1 k €	+43.2%	225,6 k €	-39.7%	374,3 k €	+37.3%	272,6 k €	+116%	126,1 k €	+308%	30,9 k €	-74.8%	122,4 k €	+669%	15,9 k €
Debts	1,7 M €	-34.0%	2,6 M €	-10.5%	2,9 M €	+10.6%	2,6 M €	-15.2%	3,1 M €	+54.8%	2 M €	+49.2%	1,3 M €	+44.7%	931,3 k €	-9.8%	1 M €	+112%	488,1 k €	-10.8%	547,2 k €	-11.2%	616,1 k €	-10.3%	687 k €	+35.9%	505,5 k €	+47.9%	341,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Hans Van Gestel

Director

Active

Ended mandates

Hans Van Gestel

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
EVEX● Active	0725.537.828

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/06/2026	04/06/2025	30/08/2024	25/07/2023	31/08/2022	24/06/2021
General meeting	01/06/2026	01/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	01/06/2025	04/06/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	01/06/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	24/06/2021	Dutch	PDF
Micro model	31/12/2019	07/08/2020	07/09/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	01/06/2018	26/07/2018	Dutch	PDF
Micro model	31/12/2016	01/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	25/06/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 1 ended

Active mandates

Hans Van Gestel

Director

Active

Ended mandates

Hans Van Gestel

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/07/2013
MAATSCHAPPELIJKE ZETEL
PDF
Registered office29/08/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other04/05/2010
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

2025
Annual accounts 2025-48,6 k €↓
2024
Annual accounts 2024-35,3 k €↓
2023
Annual accounts 2023-31,2 k €↓
2022
Annual accounts 202221,2 k €↑
2021
Annual accounts 2021-40,9 k €↓
2020
Annual accounts 20203,6 M €↑
2019
Annual accounts 2019113,6 k €↓
2018
Annual accounts 2018177 k €↓
2017
Annual accounts 2017300,3 k €↑
2016
Annual accounts 2016179,7 k €↓
2015
Annual accounts 2015182,9 k €↑
2014
Annual accounts 2014140,7 k €↑
2013
Annual accounts 201375,2 k €↓
2012
Annual accounts 201296,9 k €↑
2011
Annual accounts 201156,8 k €
15/04/2010
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

Havanges

Overview

What does Havanges do?

Trend over 15 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