Hexaware Technologies Belgium
The computed 12-month bankruptcy probability of Hexaware Technologies Belgium is 0.8% (low). The 2024 annual accounts show equity of €359k and a net result of €97k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 295 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €359k |
| Net result | €97k |
| Staff (FTE) | 15.9 |
| Better than sector | 21% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 4.7% | 43.1% | |
| Net result | €97k | €28k | |
| Equity | €359k | €79k | |
| Gross operating margin | €2.05M | €75k | |
| Staff costs | €1.94M | €400k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €97k |
| Cash flow | - |
| Staff costs | €1.94M |
| Income taxes | €47k |
| Dividends | - |
| Total assets | €7.69M |
| Equity | €359k |
| Debt | €7.33M |
| of which ≤ 1y | €7.33M |
| of which > 1y | - |
| Working capital | €359k |
| Employees (FTE) | 15.9 |
| 2024 | |
|---|---|
| Current ratio | 1.05 |
| Quick ratio | 1.05 |
| Working capital ratio | 4.7% |
| Solvency | 4.7% |
| Debt / equity | 20.38 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 1.3% |
| ROE | 27.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €7.69M |
| Current assets | 29/58 | €7.69M |
| Amounts receivable within one year | 40/41 | €2.37M |
| Cash & bank | 54/58 | €5.31M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.69M |
| Equity | 10/15 | €359k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €259k |
| Amounts payable | 17/49 | €7.33M |
| Amounts payable within one year | 42/48 | €7.33M |
| Trade debts payable within one year | 44 | €4.18M |
| Income statement | ||
| Gross operating margin | 9900 | €2.05M |
| Operating result | 9901 | €111k |
| Financial income | 75 | €37k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €145k |
| Income taxes | 67/77 | €47k |
| Net result for the period | 9904 | €97k |
| Result to be appropriated | 9905 | €97k |
-
Current10-09-2025 → present
-
Current10-09-2025 → present
Former directors (2)
-
Former- → 12-09-2025
-
Former18-03-2024 → 20-03-2025
2 events
- 20-03-2025 Resigned· Director
- 18-03-2024 Appointed· Director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| CALLENS VANDELANOTTECurrent Statutory auditor · represented by Laura Guarino |
- | 20-01-2023 → present |
| NACE primary | Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 15-03-2021 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-04-2026 Act object · Officer resignation · Officer discharge · Officer appointment
- Filing: 2026-03-25 · HEXAWARE TECHNOLOGIES BELGIUM
- Publication: 2026-04-01 · HEXAWARE TECHNOLOGIES BELGIUM
- Act object: Nomination et démission des administrateurs · HEXAWARE TECHNOLOGIES BELGIUM
- Officer resignation: 2025-09-12 · Amrinder SINGH
- Officer discharge: intermédiaire · Amrinder SINGH
- Officer appointment: 2025-09-10 · Shreyas Chakravarthy VASANTH KUMAR
- Officer appointment: 2025-09-10 · Parameshwaran IYER
- Mandate term: indéterminée · Shreyas Chakravarthy VASANTH KUMAR
- Mandate term: indéterminée · Parameshwaran IYER
- Mandate compensation: gratuit · Shreyas Chakravarthy VASANTH KUMAR
- Mandate compensation: gratuit · Parameshwaran IYER
- Power of attorney: spéciale · RSM InterFiduciaire BV
- Power of attorney: représentant · Gert Van den Berg
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}10-02-2026 2 directors appointed, 2 resigning
- PARAMESWARAN LAXMINARAYAN lyer, Bestuurder
- SHREYAS CHAKRAVARTHY Vasanth Kumar, Bestuurder
- SINGH Amrinder, Bestuurder
- SHASHANK Sivakumar, Bestuurder
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- Shashank SIVAKUMAR, Bestuurder
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}20-08-2024 Shashank Sivakumar appointed as director
- Shashank Sivakumar, Bestuurder
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}20-01-2023 Laura Guarino appointed as statutory auditor
- Laura Guarino, Commissaris
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}17-03-2021 Incorporation of a new SRL
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Hexaware Technologies Belgium |