ACTIVE

HCServices Belgium

Financial year 2025 · Closed on 31/12/2025

Net result13,9 k €+122,7 %over 1 year
Gross margin239 k €+52,9 %over 1 year
Equity458,4 k €+3,1 %over 1 year

Identity

Source · BCE/KBO

HCServices Belgium is a Public limited company incorporated in 2005. Its main activity is: Scientific research and development. Its registered office is in Namur.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.794.768
Incorporation
08/12/2005
Legal form
Public limited company
Registered office
Rue René Copette(VD) 14
5020 Namur · WallonieSee on map
Contributed capital
325 908,44 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 16 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin239 k €156,3 k €160,2 k €110,6 k €229,9 k €
EBITDA239,6 k €143,4 k €159,9 k €109,5 k €228,9 k €
Operating result202,5 k €133,7 k €147,8 k €98,8 k €223,9 k €
Net result13,9 k €-61,3 k €-6,9 k €538 €128,1 k €
Balance sheet
Equity458,4 k €444,5 k €505,8 k €512,7 k €512,1 k €
Total assets6,3 M €6,7 M €6,2 M €6,7 M €3,8 M €
Cash–407,7 k €3,3 k €454,9 k €1 M €
Debts5,8 M €6,3 M €5,7 M €6,1 M €3,2 M €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GAMH1016.649.278Represented by Nathalie HAMTIAUX
Director16/12/2024 → 26/06/2031
Juan DEL ESTAD
Director16/12/2024 → 26/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAGALI HANKARD - TRODOUX
Director05/05/2017 → 2020 accounts
Magali Hankard-Trodoux
Director05/05/2017 → 2017 accounts
ALETHEA0860.747.415Represented by CHARLES DELLOYE
Director13/01/2016 → 2016 accounts

Other companies at this address

Rue René Copette(VD) 14 5020 Namur
CompanyCBE no.
0875.754.008
CSS2● Active
0824.287.291
Eveo HCServices● Active
0880.825.128
G.H.● Active
0476.818.445
0653.994.586
HAMGAR● Active
0895.891.406
HCServices● Active
0892.989.918
0865.284.243
0896.885.655
PROXY POM● Active
0662.385.482
TS Academy● Active
0655.776.022

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/07/202623/07/202527/06/202415/07/202315/07/202213/07/2021
General meeting25/06/202602/06/202502/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202627/07/2026FrenchPDF
Abridged model31/12/202402/06/202523/07/2025FrenchPDF
Abridged model31/12/202302/06/202427/06/2024FrenchPDF
Abridged model31/12/202213/06/202315/07/2023FrenchPDF
Abridged model31/12/202114/06/202215/07/2022FrenchPDF
Abridged model31/12/202008/06/202113/07/2021FrenchPDF
Abridged model31/12/201909/06/202017/07/2020FrenchPDF
Abridged model31/12/201811/06/201917/07/2019FrenchPDF
Abridged model31/12/201711/06/201830/07/2018FrenchPDF
Abridged model31/12/201613/06/201721/08/2017FrenchPDF
Abridged model31/12/201514/06/201609/08/2016FrenchPDF
Abridged model31/12/201409/06/201525/08/2015FrenchPDF
Abridged model31/12/200909/06/201026/07/2011FrenchPDF
Abridged model31/12/200809/06/200930/08/2009FrenchPDF
Abridged model31/12/200710/06/200816/07/2008FrenchPDF
Abridged model01/12/200612/06/200713/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025

2 active · 11 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GAMH1016.649.278Represented by Nathalie HAMTIAUX
Director16/12/2024 → 26/06/2031
Juan DEL ESTAD
Director16/12/2024 → 26/06/2031

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MAGALI HANKARD - TRODOUX
Director05/05/2017 → 2020 accounts
Magali Hankard-Trodoux
Director05/05/2017 → 2017 accounts
ALETHEA0860.747.415Represented by CHARLES DELLOYE
Director13/01/2016 → 2016 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/08/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - CAPITAL, ACTIONS
    PDF
  • Mandates06/02/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/09/2022
    DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office30/01/2020
    SIEGE SOCIAL
    PDF
  • Mandates08/11/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2017
    DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates02/02/2016
    DENOMINATION - SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office16/10/2014
    SIEGE SOCIAL - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
GAMH
Juan DEL ESTAD
MAGALI HANKARD-TRODOUX
MAGALI HANKARD - TRODOUX
SOCIETE WALLONNE DE GESTION ET DE PARTICIPATIONS
ALETHEA
ZENEGO
FLORENCE JACQUIN
LIONEL HUBER
Matterhorn H Group
A2micile Europe
Fréderic De Clerck
200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
HCServices BelgiumAzaé BelgiumPROXY GROUPAXE UP
Rue René Copette(VD) 14, 5020 ChampionGrand Route(RVX) 2, 4140 Sprimont
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue René Copette(VD) 14, 5020 ChampionCurrent
accounts 2024 → 2025
Accounts 2025 · 2026-00344835
Grand Route(RVX) 2, 4140 Sprimont
accounts 2021 → 2023
Accounts 2023 · 2024-00179051

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
HCServices BelgiumCurrent
accounts 2025
Accounts 2025 · 2026-00344835
Azaé Belgium
accounts 2022 → 2024
Accounts 2024 · 2025-00310997
PROXY GROUP
accounts 2015 → 2021
Accounts 2021 · 2022-20195966
AXE UP
accounts 2006 → 2009
Accounts 2009 · 2011-34200098

Events

  1. 2025
    Annual accounts 202513,9 k €↑
  2. 2025
    Name changeHCServices Belgium
  3. 2024
    Annual accounts 2024-61,3 k €↓
  4. 2023
    Annual accounts 2023-6,9 k €↓
  5. 2022
    Annual accounts 2022538 €↓
  6. 2022
    Name changeAzaé Belgium
  7. 2021
    Annual accounts 2021128,1 k €↑
  8. 2020
    Annual accounts 202029,3 k €↓
  9. 2019
    Annual accounts 201946,4 k €↑
  10. 2018
    Annual accounts 20188,2 k €↑
  11. 2017
    Annual accounts 2017-15,5 k €↓
  12. 2016
    Annual accounts 2016853,3 €↓
  13. 2015
    Annual accounts 20155,5 k €↓
  14. 2015
    Name changePROXY GROUP
  15. 2009
    Annual accounts 200915,5 k €↓
  16. 2008
    Annual accounts 200818,4 k €↑
  17. 2007
    Annual accounts 2007-886,9 €↑
  18. 2006
    Annual accounts 2006-17,5 k €
  19. 08/12/2005
    IncorporationPublic limited company