ACTIVE

HCServices

Financial year 2025 · closed on 31/12/2025
Net result
534,3 k €
+1240.4% YoY
Revenue
17,2 M €
-4.7% YoY
Equity
1,4 M €
+64.4% YoY
Workforce
568,0 ETP
-5.4% YoY

What does HCServices do?

HCServices is a Private limited company incorporated in 2007. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Namur. It employs on average 568,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0892.989.918
Incorporation
23/10/2007
Legal form
Private limited company
Registered office
Rue René Copette(VD) 14
5020 Namur · WallonieSee on map
Contributed capital
174 400,00 €
Latest accounts
31/12/2025
Average workforce
568,0 ETP
Joint committees (5)
  • 100
  • 200
  • 218
  • 322
  • 32201
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue17,2 M €18 M €19,7 M €21,2 M €
EBITDA685,7 k €159,6 k €362,1 k €20,6 k €-28,2 k €54,3 k €3,4 k €982,3 €-15,6 k €18,7 k €-9,3 k €18,5 k €-18,7 k €-5,1 k €32,4 k €58,3 k €24,9 k €15,1 k €
Operating result594,2 k €97,8 k €395,2 k €-195,7 k €-15 k €42,8 k €-8,1 k €-9,2 k €-22,1 k €12 k €-18 k €12,9 k €-34,1 k €-23,5 k €17,1 k €40,4 k €12,1 k €3,8 k €
Net result534,3 k €39,9 k €334 k €-189,6 k €18,6 k €33,6 k €-36 k €-9,8 k €-24,7 k €9 k €-15,2 k €26,4 k €-34,2 k €-23,9 k €11,8 k €35 k €8,6 k €180,2 €
Balance sheet
Equity1,4 M €829,2 k €789,3 k €455,3 k €-5,5 k €-24,1 k €-58,2 k €-22,2 k €-12,5 k €12,2 k €8,9 k €30,1 k €3,7 k €37,9 k €61,8 k €49,9 k €14,9 k €6,4 k €
Total assets5 M €4,2 M €4 M €4,8 M €286,7 k €155,5 k €207,1 k €188,5 k €169 k €239,4 k €211,4 k €229,3 k €322,8 k €301,3 k €250,7 k €205,7 k €130,1 k €88,4 k €
Cash474,4 k €704,8 k €945 k €1,3 M €50,5 k €38,6 k €70,9 k €39,1 k €41,7 k €62,7 k €40,7 k €61,8 k €53,8 k €25,9 k €54,1 k €37,4 k €10,9 k €38,8 k €
Debts3,6 M €3,3 M €3,1 M €4,3 M €292,2 k €179,6 k €265,3 k €210,8 k €181,4 k €226,8 k €202,4 k €199,2 k €291,3 k €263,5 k €188,9 k €155,6 k €111,4 k €82 k €
Other
Workforce568,0 ETP600,7 ETP707,4 ETP847,4 ETP40,7 ETP39,9 ETP41,1 ETP40,1 ETP42,4 ETP40,0 ETP38,5 ETP40,7 ETP41,6 ETP47,5 ETP59,6 ETP31,5 ETP19,6 ETP9,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

HCServices Belgium

Director · 0877.794.768

Represented by Nathalie Hamtiaux

Active

Ended mandates

HCServices Belgium

Manager · since 08 décembre 2021 · 0877.794.768

Represented by Lionel Huber

Ended
HCServices Belgium

Director · since 01 septembre 2020 · 0877.794.768

Represented by Lionel HUBER

Ended
Gentiana LEPRINCE

Manager · since 23 octobre 2007

Ended
Gentiane LEPRINCE

Manager · since 23 octobre 2007

Ended
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HAMGARActive
0895.891.406
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull 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 date20/07/202623/07/202516/07/202414/07/202315/07/202213/07/2021
General meeting30/06/202612/06/202503/06/202423/06/202306/06/202228/05/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202620/07/2026FrenchPDF
Full model31/12/202412/06/202523/07/2025FrenchPDF
Full model31/12/202303/06/202416/07/2024FrenchPDF
Full model31/12/202223/06/202314/07/2023FrenchPDF
Abridged model31/12/202106/06/202215/07/2022FrenchPDF
Abridged model31/12/202028/05/202113/07/2021FrenchPDF
Abridged model31/12/201906/07/202017/07/2020FrenchPDF
Abridged model31/12/201831/05/201904/07/2019FrenchPDF
Abridged model31/12/201725/05/201825/06/2018FrenchPDF
Abridged model31/12/201630/06/201730/08/2017FrenchPDF
Abridged model31/12/201530/06/201631/08/2016FrenchPDF
Abridged model31/12/201430/06/201524/08/2015FrenchPDF
Abridged model31/12/201330/06/201431/08/2014FrenchPDF
Abridged model31/12/201231/05/201328/08/2013FrenchPDF
Abridged model31/12/201130/06/201230/08/2012FrenchPDF
Abridged model31/12/201030/06/201128/09/2011FrenchPDF
Abridged model31/12/200930/06/201010/08/2010FrenchPDF
Abridged model31/12/200829/05/200903/07/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 7 ended

Active mandates

HCServices Belgium

Director · 0877.794.768

Represented by Nathalie Hamtiaux

Active

Ended mandates

HCServices Belgium

Manager · since 08 décembre 2021 · 0877.794.768

Represented by Lionel Huber

Ended
HCServices Belgium

Director · since 01 septembre 2020 · 0877.794.768

Represented by Lionel HUBER

Ended
Gentiana LEPRINCE

Manager · since 23 octobre 2007

Ended
Gentiane LEPRINCE

Manager · since 23 octobre 2007

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/07/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/08/2025
    DENOMINATION
    PDF
  • Mandates06/02/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/01/2024
    DENOMINATION
    PDF
  • Restructuring25/08/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring02/06/2022
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
    PDF
  • Mandates04/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/03/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    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. 2025
    Annual accounts 2025534,3 k €
  2. 2025
    Name changeHCServices
  3. 2024
    Annual accounts 202439,9 k €
  4. 2023
    Annual accounts 2023334 k €
  5. 2023
    Name changeAzaé
  6. 2022
    Annual accounts 2022-189,6 k €
  7. 2021
    Annual accounts 202118,6 k €
  8. 2021
    Name changeAzaé Menagez-moi SRL
  9. 2020
    Annual accounts 202033,6 k €
  10. 2019
    Annual accounts 2019-36 k €
  11. 2018
    Annual accounts 2018-9,8 k €
  12. 2017
    Annual accounts 2017-24,7 k €
  13. 2016
    Annual accounts 20169 k €
  14. 2015
    Annual accounts 2015-15,2 k €
  15. 2014
    Annual accounts 201426,4 k €
  16. 2013
    Annual accounts 2013-34,2 k €
  17. 2012
    Annual accounts 2012-23,9 k €
  18. 2011
    Annual accounts 201111,8 k €
  19. 2010
    Annual accounts 201035 k €
  20. 2009
    Annual accounts 20098,6 k €
  21. 2008
    Annual accounts 2008180,2 €
  22. 2008
    Name changeMENAGEZ-MOI
  23. 23/10/2007
    IncorporationPrivate limited company