HCL Technologies Belgium

Active

Private limited companyfounded 2013active for 12 yearsLozenberg 18, 1932 Zaventem, Belgium24 active companies are registered at this addressKBO/BCE: BE 0542.547.130

From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HCL Technologies Belgium has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.9m and a net result of €3.3m. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 33% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

HCL Technologies BelgiumActiveChecked score 85/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 28-11-2013 Normal situation
Legal form: Private limited company
Registered office: Lozenberg 18, 1932 Zaventem
Activity: Computer consultancy and computer facilities management NACE 62200and 3 others
Establishment unit: 2.235.920.670 1932 Zaventem, since 25-11-2013
Financial year end: 31 December
Peppol: Reachable since 17-12-2025

Company details

Board and ownership

Board

Shiv Kumar WaliaManager · since 02-05-2016
Goutam RungtaDirector · since 20-01-2022
Steven ValvekensDirector · since 31-05-2024

Auditor: KPMG Réviseurs d'Entreprises

Shareholders

HCL TECHNOLOGIES UK LIMITEDconsolidatedLEI register
HCL EAS LTDannual accounts 2025
HCL Technologies UK LTDannual accounts 2025

Board & ownership

Financial position

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Annual accounts 2025

Turnover: €113.9m; ▲ 4.2%
Profit: €3.3m; ▼ 15.3%
Equity: €16.9m; ▼ 1.2%
Total assets: €82.3m; ▲ 12.8%
Staff: 179.3 FTE; ▼ 2.2%

2025 accounts filed 27 days after the deadline

Filed on 27-08-2026at the National Bank

Financials

Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.50, cash €5.3mlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €113.9m, 179.3 FTE, total assets €82.3mShow the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 43% of medium-sized companies in computer programming and consultancy (NACE 62)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Average

Solvency 46-2

equity 20.5% of total assets

Liquidity 33-8

short-term debt 50.4% · cash 6.5%

Profitability 69-1

return on assets 4.0%

Bankruptcy probability within 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (206 companies, NACE 62, medium-sized)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.3%▼ -0.1 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €1,400,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.5 (1.94 in 2024), above the usual 1.5. Short-term debt is 50.4% and cash 6.5% of total assets. However, 79.5% of the assets are financed with debt and provisions.

Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized). It does better than 31% of them on solvency, 39% on liquidity, 62% on profitability and 41% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 1.50, cash €5.3m

NBB · annual accounts

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Size: turnover €113.9m, 179.3 FTE, total assets €82.3m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

2025 accounts filed 27 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

27 days late

2024

17 days early

2023

2 days early

2023

92 days early

2022

110 days early

2021

93 days early

2020

23 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: Higher net result than 95% of companies in computer programming and consultancysector median €35,694 · 1,684 companies €3.3m View
Positive: 6 profitable years in a rowprofit 2025: €3.3m 6 years View
A director leftlatest change 16-06-2026 · 3 in office 1 left View

Documents

Key facts about HCL Technologies Belgium

What is the company number of HCL Technologies Belgium?: The company number of HCL Technologies Belgium is 0542.547.130. The VAT number is the same number with BE in front: BE 0542.547.130.
Where is HCL Technologies Belgium based?: The registered office is at Lozenberg 18, 1932 Zaventem.Company details
What does HCL Technologies Belgium do?: According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of HCL Technologies Belgium?: The legal form of HCL Technologies Belgium is Private limited company (BV).
When was HCL Technologies Belgium founded?: HCL Technologies Belgium was founded on 28-11-2013.
Is HCL Technologies Belgium still active?: Yes, HCL Technologies Belgium is an active enterprise in the KBO register.
How many employees does HCL Technologies Belgium have?: HCL Technologies Belgium had an average of 179.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of HCL Technologies Belgium?: The turnover of HCL Technologies Belgium was €113.9m in financial year 2025, according to the filed annual accounts.
Is HCL Technologies Belgium profitable?: In financial year 2025, HCL Technologies Belgium made a profit of €3.3m.
Where can I find the annual accounts of HCL Technologies Belgium?: HCL Technologies Belgium filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HCL Technologies Belgium due?: HCL Technologies Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as HCL Technologies Belgium: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €53m and €156m, founded between 2003 and 2018.

Company	Total assets	Turnover
HCL Technologies Belgium Zaventem	€82.3m	€113.9m
Solutions 30 Belgium Antwerpen	€76.6m	€98.8m
MEDIAGENIX Dilbeek	€72.4m	€44.1m
HP Belgium Machelen (Brab.)	€155.6m	€399.6m
BRICSYS Gent	€53.6m	€52.7m
NTT DATA Belgique Brussel	€87.0m	€168.2m
Cipal Schaubroeck Westerlo	€53.4m	€95.7m