HEXAGON
HEXAGON has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €-13k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €122k |
| Net result | €-13k |
| Better than sector | 37% |
| Active | 33 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.6% | 53.1% | |
| Net result | €-13k | €38k | |
| Equity | €122k | €354k | |
| Gross operating margin | €-11k | €87k | |
| Total assets | €325k | €923k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | +13.9% | - | -93.6% | - |
| Net profit | +37.1% | -267.0% | - | - |
| Cash flow | +13.4% | - | -95.1% | - |
| Staff costs | - | - | - | - |
| Income taxes | -91.3% | -81.0% | -90.9% | - |
| Dividends | - | - | - | - |
| Total assets | +132.4% | -15.1% | -21.9% | - |
| Equity | -9.8% | -13.5% | -3.5% | - |
| Debt | +4569.7% | -46.4% | -83.4% | - |
| of which ≤ 1y | +4569.7% | -46.4% | -83.4% | - |
| of which > 1y | - | - | - | - |
| Working capital | -10.6% | -10.0% | -1.7% | - |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.54 | 29.14 | 17.77 | 3.84 |
| Quick ratio | 1.54 | 29.14 | 17.77 | 3.84 |
| Working capital ratio | 33.6% | 87.4% | 82.4% | 65.4% |
| Solvency | 37.6% | 96.9% | 95.1% | 76.9% |
| Debt / equity | 1.66 | 0.03 | 0.05 | 0.30 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -16.09 | -35.54 | 16.72 | 366.85 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -4.1% | -15.1% | -3.5% | 19.9% |
| ROE | -10.9% | -15.6% | -3.7% | 25.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €325k | €140k | €165k | €211k |
| Fixed assets | 21/28 | €13k | €13k | €21k | €24k |
| Tangible fixed assets | 22/27 | €3k | €3k | €11k | €14k |
| Financial fixed assets | 28 | €10k | €10k | €10k | €10k |
| Current assets | 29/58 | €312k | €126k | €144k | €187k |
| Amounts receivable within one year | 40/41 | €248k | €63k | €72k | €28k |
| Cash & bank | 54/58 | €62k | €62k | €69k | €157k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €325k | €140k | €165k | €211k |
| Equity | 10/15 | €122k | €135k | €157k | €162k |
| Contributions / capital | 10/11 | €75k | €75k | €75k | €75k |
| Reserves | 13 | €87k | €87k | €87k | €87k |
| Accumulated profits (losses) | 14 | €-40k | €-27k | €-6k | - |
| Amounts payable | 17/49 | €203k | €4k | €8k | €49k |
| Amounts payable within one year | 42/48 | €203k | €4k | €8k | €49k |
| Trade debts payable within one year | 44 | €515 | €2k | €4k | €3k |
| Income statement | |||||
| Gross operating margin | 9900 | €-11k | €-12k | €6k | €75k |
| Operating result | 9901 | €-13k | €-20k | €-4k | €65k |
| Financial income | 75 | - | - | €141 | €0 |
| Financial charges | 65 | €685 | €360 | €282 | €202 |
| Result before taxes | 9903 | €-13k | €-21k | €-4k | €65k |
| Income taxes | 67/77 | €34 | €397 | €2k | €23k |
| Net result for the period | 9904 | €-13k | €-21k | €-6k | €42k |
| Result to be appropriated | 9905 | €-13k | €-21k | €-6k | €42k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 31-03-1993 |
| Status | Active |
| Postal code | 3000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0820/00X000 | Flanders | 2,135 m² | 1 · 447 m² | 18.2 m · 3 fl. |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-03-2022 Registered office moved from Edegem to Leuven
- Heihoefseweg 7, 2650 Edegem → 3000 Leuven, Brouwersstraat 7/H bus 001
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "3000 Leuven, Brouwersstraat 7/H bus 001",
"city": "Leuven",
"region": "vlaams_gewest",
"street": "Brouwersstraat",
"country": "BE",
"postcode": "3000",
"box_number": "H bus 001",
"street_number": "7",
"locality_suffix": null
},
"old_address": {
"raw": "Heihoefseweg 7, 2650 Edegem",
"city": "Edegem",
"region": "vlaams_gewest",
"street": "Heihoefseweg",
"country": "BE",
"postcode": "2650",
"box_number": null,
"street_number": "7",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-03-28",
"filing_date": "2022-03-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-02-01",
"unanimous": null
},
"subject_company": {
"kbo": "0449.806.321",
"name_full": "HEXAGON",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Rudi Vandenput",
"org_rep_person_name": null,
"person_role_at_subject": "gedelegeerd bestuurder"
},
"co_filed_documents": [
"Annexes du Moniteur belge"
]
}| Legal nameNL | HEXAGON |