ACTIVE

HR Pay Solutions

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Financial year 2025 · closed on 31/12/2025
Net result
-2,8 M €
Gross margin
-2,3 M €
Equity
12,8 M €
Workforce
4,5 ETP

What does HR Pay Solutions do?

HR Pay Solutions is a Public limited company incorporated in 2023. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Antwerpen. It employs on average 4,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 1001.870.339
Incorporation
02/11/2023
Legal form
Public limited company
Registered office
Brouwersvliet 29
2000 Antwerpen · FlandreSee on map
Contributed capital
15 500 000,00 €
Latest accounts
31/12/2025
Average workforce
4,5 ETP
Activities (NACE)
66199Other activities auxiliary to financial services, except insurance and pension funding· main66199Other activities auxiliary to financial services, except insurance and pension funding
Joint committees (1)
  • 200
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidity
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 1 financial year

2025
Income statement
Gross margin-2,3 M €
EBITDA-3 M €
Operating result-3 M €
Net result-2,8 M €
Balance sheet
Equity12,8 M €
Total assets23,4 M €
Cash22,3 M €
Debts10,6 M €
Other
Workforce4,5 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 · 8 active

Active mandates

Jacob Verdonck

Director · since 01 janvier 2026 · until 04 juin 2027

Active
Dirk Supply

Managing director · since 29 juillet 2024 · until 04 juin 2027

Active
Wouter Van Houtte

Director · since 29 juillet 2024 · until 04 juin 2027

Active
Fabienne Lallemand

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Filip Dierckx

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Geert Vanbuggenhout

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Koenraad (Koen) Van Gerven

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Nils De Bremaeker

Director · since 02 novembre 2023 · until 04 juin 2027

Active
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Annual accounts

Full financial information

20252024
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202502/11/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months14 months
Filing date16/06/202619/06/2025
General meeting05/06/202606/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202616/06/2026DutchPDF
Abridged model31/12/202406/06/202519/06/2025DutchPDF
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 · 8 active

Active mandates

Jacob Verdonck

Director · since 01 janvier 2026 · until 04 juin 2027

Active
Dirk Supply

Managing director · since 29 juillet 2024 · until 04 juin 2027

Active
Wouter Van Houtte

Director · since 29 juillet 2024 · until 04 juin 2027

Active
Fabienne Lallemand

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Filip Dierckx

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Geert Vanbuggenhout

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Koenraad (Koen) Van Gerven

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Nils De Bremaeker

Director · since 02 novembre 2023 · until 04 juin 2027

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/09/2026
    Benoeming bestuurder en bijzondere volmachten
    PDF
  • Mandates10/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/12/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/11/2023
    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

Timeline

  1. 2025
    Annual accounts 2025-2,8 M €
  2. 02/11/2023
    IncorporationPublic limited company