ACTIVE

HEXA

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Financial year 2024 · closed on 31/12/2024
Net result
-924,4 k €
+65.0% YoY
Gross margin
-4,6 M €
-107.5% YoY
Equity
28,6 M €
+189.9% YoY

What does HEXA do?

HEXA is a Public limited company incorporated in 2011. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0833.922.163
Incorporation
21/02/2011
Legal form
Public limited company
Registered office
Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
26 035 759,33 €
Latest accounts
31/12/2024
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities63920Other information service activities63990Other information service activities n.e.c.70210Public relations and communication activities73300Advertising and market research+2
Joint committees (1)
  • 218
Signals
Solid equity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Gross margin-4,6 M €-2,2 M €-1,6 M €-2,4 M €-1,3 M €-2 M €-1,4 M €-394,7 k €-1,3 M €-717,9 k €-270,1 k €-58,6 k €-98,5 k €
EBITDA-4,6 M €-2,2 M €-1,6 M €-2,5 M €-1,4 M €-2 M €-1,5 M €-896,8 k €-1,4 M €-1,2 M €-340,5 k €-58,7 k €-98,6 k €
Operating result-4,6 M €-2,2 M €-1,6 M €-2,5 M €-1,5 M €-2,1 M €-1,6 M €-935 k €-1,4 M €-1,2 M €-349,3 k €-69,2 k €-100,7 k €
Net result-924,4 k €-2,6 M €-1,9 M €2,5 M €13,5 M €125,8 k €157,2 k €-1,6 M €-1,4 M €-1,3 M €-374,2 k €255,3 k €-100,7 k €
Balance sheet
Equity28,6 M €9,9 M €12,5 M €14,4 M €11,9 M €2,2 M €2,5 M €2,9 M €4,4 M €-443,1 k €-158,1 k €216,1 k €-39,2 k €
Total assets53,1 M €45,4 M €41,8 M €34,8 M €27,9 M €17,9 M €16,4 M €11,2 M €12,2 M €5,7 M €427,3 k €466,5 k €462,5 k €
Cash5,5 M €741,5 k €697,2 k €1,7 M €4,2 M €3,7 M €4,7 M €2,4 M €4,9 M €550,1 k €38,7 k €113,7 k €94,6 k €
Debts22,4 M €35,3 M €28,6 M €18,4 M €15,4 M €15,7 M €13,9 M €8,3 M €7,8 M €6,1 M €585,4 k €250,4 k €501,7 k €
Other
Workforce–––––0,6 ETP1,1 ETP3,3 ETP2,4 ETP7,8 ETP1,7 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 13 ended

Active mandates

E-TALENT

Managing director · since 03 août 2022 · until 03 août 2028 · 0870.567.872

Represented by THIBAUT ELZIERE

Active
QUINVEST MANAGEMENT

Managing director · since 03 août 2022 · until 03 août 2028 · 0820.365.622

Active
Amaury Sepulchre de Conde

Director · since 16 janvier 2020 · until 16 janvier 2026

Active
Quentin Nickmans

Director · since 16 janvier 2020 · until 03 août 2022

Active
Thibaud Elzière

Director · since 16 janvier 2020 · until 03 août 2022

Active

Ended mandates

Quentin Nickmans

Director · since 16 janvier 2020 · until 16 janvier 2026

Ended
Thibaud Elzière

Director · since 16 janvier 2020 · until 16 janvier 2026

Ended
Amaury Sepulchre de Conde

Director · since 08 novembre 2016 · until 27 juin 2022

Ended
Quentin Nickmans

Managing director · since 12 août 2016 · until 27 juin 2022

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/09/202528/08/202430/06/202329/08/202227/08/202127/08/2020
General meeting01/09/202525/06/202425/05/202325/06/202223/06/202125/06/2020
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

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202401/09/202512/09/2025FrenchPDF
Abridged model31/12/202325/06/202428/08/2024FrenchPDF
Abridged model31/12/202225/05/202330/06/2023FrenchPDF
Abridged model31/12/202125/06/202229/08/2022FrenchPDF
Abridged model31/12/202023/06/202127/08/2021FrenchPDF
Abridged model31/12/201925/06/202027/08/2020FrenchPDF
Abridged model31/12/201825/06/201902/07/2019FrenchPDF
Abridged model31/12/201725/06/201821/08/2018FrenchPDF
Abridged model31/12/201609/06/201721/08/2017FrenchPDF
Abridged model31/12/201525/06/201631/08/2016FrenchPDF
Abridged modelCorrection31/03/201401/09/201418/02/2015FrenchPDF
Abridged model31/03/201401/09/201412/11/2014FrenchPDF
Abridged model31/03/201301/09/201328/11/2013FrenchPDF
Abridged model31/03/201201/09/201215/10/2012FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 5 active · 13 ended

Active mandates

E-TALENT

Managing director · since 03 août 2022 · until 03 août 2028 · 0870.567.872

Represented by THIBAUT ELZIERE

Active
QUINVEST MANAGEMENT

Managing director · since 03 août 2022 · until 03 août 2028 · 0820.365.622

Active
Amaury Sepulchre de Conde

Director · since 16 janvier 2020 · until 16 janvier 2026

Active
Quentin Nickmans

Director · since 16 janvier 2020 · until 03 août 2022

Active
Thibaud Elzière

Director · since 16 janvier 2020 · until 03 août 2022

Active

Ended mandates

Quentin Nickmans

Director · since 16 janvier 2020 · until 16 janvier 2026

Ended
Thibaud Elzière

Director · since 16 janvier 2020 · until 16 janvier 2026

Ended
Amaury Sepulchre de Conde

Director · since 08 novembre 2016 · until 27 juin 2022

Ended
Quentin Nickmans

Managing director · since 12 août 2016 · until 27 juin 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/03/2026
    DIVERS
    PDF
  • Mandates12/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Other18/12/2025
    DIVERS
    PDF
  • Mandates10/12/2025
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares13/08/2025
    CAPITAL, ACTIONS
    PDF
  • Other04/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office28/10/2024
    SIEGE SOCIAL
    PDF
  • Capital / shares09/08/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    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. 05/12/2025
    nominationMatthieu GOMBEAUD — administrateur
  2. 05/12/2025
    augmentation_capital
  3. 02/09/2025
    nominationAmaury Sepulchre de Condé — administrateur délégué
  4. 31/07/2025
    augmentation_capitalAlix Vandame
  5. 31/07/2025
    augmentation_capitalAlexandre Briclot
  6. 31/07/2025
    augmentation_capitalSarah Barron
  7. 31/07/2025
    augmentation_capitalAlexis Vilette
  8. 31/07/2025
    augmentation_capitalGrégoire Jouffroy
  9. 2024
    Annual accounts 2024-924,4 k €↑
  10. 19/07/2024
    apportGauthier Picquart
  11. 19/07/2024
    apportMichiel De Potter
  12. 19/07/2024
    apportJoost De Potter
  13. 19/07/2024
    apportAdriaan De Potter
  14. 19/07/2024
    apportChantal De Smedt
  15. 19/07/2024
    apportHDE
  16. 19/07/2024
    apportThree ferns
  17. 19/07/2024
    apportACE Investment Partners SCSp
  18. 19/07/2024
    apportNEXTGEN INVESTMENT
  19. 15/02/2024
    augmentation_capital
  20. 2023
    Annual accounts 2023-2,6 M €↓
  21. 2023
    Name changeHEXA
  22. 2022
    Annual accounts 2022-1,9 M €↓
  23. 03/08/2022
    nominationE-TALENT — administrateur
  24. 03/08/2022
    nominationQuinvest Management — administrateur
  25. 2021
    Annual accounts 20212,5 M €↓
  26. 2021
    Name changeeFOUNDERS
  27. 2020
    Annual accounts 202013,5 M €↑
  28. 2019
    Annual accounts 2019125,8 k €↓
  29. 2018
    Annual accounts 2018157,2 k €↑
  30. 2017
    Annual accounts 2017-1,6 M €↓
  31. 2016
    Annual accounts 2016-1,4 M €↓
  32. 2015
    Annual accounts 2015-1,3 M €↓
  33. 2014
    Annual accounts 2014-374,2 k €↓
  34. 2013
    Annual accounts 2013255,3 k €↑
  35. 2012
    Annual accounts 2012-100,7 k €
  36. 21/02/2011
    IncorporationPublic limited company