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Hexaware Technologies Belgium

Active
Private limited companyfounded 2021active for 5 yearsKoloniënstraat 11, 1000 Brussel, Belgium301 active companies are registered at this addressKBO/BCE: BE 0765.203.009
Summary

Hexaware Technologies Belgium has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531,487 and a net result of €172,038. Equity is growing by about 45% per year across the filed financial years. Its solvency ranks better than 22% of 1,656 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200Computer programming NACE 62100
4th fastest staff growth in Brussels, Telecoms and IT sector1 site
Size
€21.6mturnover 2025
Staff
22.1 FTE
Equity
€531,487
Profit
€172,038
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Hexaware Technologies Limited
Auditor: Finvision BedrijfsrevisorenAccounts filed 41 days late4 of 7 deeds read
Why 89raises riskEquity €531,487 (7.0% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.08, cash €3.7mSize: turnover €21.6m, 22.1 FTE, total assets €7.6mShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 62, small)
Financial strength · tick = 2024
Weak
Solvency 32+2
equity 7.0% of total assets
Liquidity 50=
short-term debt 92.5% · cash 48.5%
Profitability 43+2
return on assets 2.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,160 companies, NACE 62, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 0.2%▼ -1.3 percentage points 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 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.08, compared with 1.05 in 2024, below the usual 1.5; short-term debt: 92.5% and cash: 48.5% of total assets), and 93% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, small): better than 15% on solvency, 54% on liquidity, 28% on profitability and 82% on growth.

The bankruptcy probability was computed on 12-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.08, cash €3.7m
NBB · annual accounts
raises risk · Equity €531,487 (7.0% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €21.6m, 22.1 FTE, total assets €7.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1656 sector peers (2025).
NBB · sector comparison
Position among 1656 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 5 filings
Deviation from the deadline
2025
41 days late
2024
70 days late
2023
13 days early
2022
17 days early
2021
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 30 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · 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 10 September (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Finvision Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Stijn Verhoeven ·…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Resignation: Amrinder SINGH (director)Appointments: Shreyas Chakravarthy VASANTH KUMAR…

Key points

  • Positive: Result rose in 2025from €97,471 to €172,038 ▲ 76.5% View
  • Positive: 4th fastest staff growth in Brussels, Telecoms and IT sectorin the Checked rankings No. 4 View
  • Controlled by Hexaware Technologies Limitedknown shareholders 100% parent View
  • A director leftlatest change 29-10-2025 · 3 in office 1 left View

By topic

Financials

Financial year
2025
Turnover
€21.6m
Profit
€172,038
Solvency
7.0%
Go to Financials

Board & ownership

Board
3 members
Parent
Hexaware Technologies Limited
Known shareholders
100%
Auditor
Finvision Bedrijfsrevisoren
  • Parameshwaran IYERDirector
  • PARAMESWARAN LAXMINARAYAN lyerDirector
  • Shreyas Chakravarthy VASANTH KUMARDirector
Go to Board & ownership

Timeline

Events
13
Since
2022
Next accounts
by 31-07-2027
  1. 10-02-2026Resignations: SINGH Amrinder (director) and SHASHANK Sivakumar…
  2. 31-12-2025Equity above €500,000
  3. 29-10-2025Resignation: Shashank SIVAKUMAR (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
15-03-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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