Financials
Financial year 2025
Hewlett Packard Enterprise Belgium from Machelen (Brab.), company number BE0402220594, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year Hewlett Packard Enterprise Belgium recorded revenue of € 280 million and equity of € 15.7 million. Compared with financial year 2024, the result moved from € 11.4 million to € 1.6 million. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2026.
€ 15.7 million
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 167 million
▲ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
188.3
▼ 11.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 52.4 million
▲ 7% vs 2024
€ 278,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 131,774
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61,968
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 79.7 million
▲ 113% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 127 days on average.
€ 21.1 million
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 337,602,510 | € 271,368,910 | € 280,048,581 | ▲ 3% |
| Profit after taxes | € -17,683,977 | € 11,433,140 | € 1,565,256 | ▼ 86% |
| Equity | € 17,676,949 | € 29,110,089 | € 15,675,345 | ▼ 46% |
| Total debts | € 196,289,689 | € 144,000,529 | € 202,011,772 | ▲ 40% |
| Cash | € 111,901,420 | € 120,847,144 | € 166,998,698 | ▲ 38% |
| Retained profit | € 10,906,544 | € 22,339,684 | € 8,904,940 | ▼ 60% |
| Dividend | € 30,000,000 | € 0 | € 15,000,000 | |
| Bank debt | € 0 | € 58,151 | € 61,968 | ▲ 7% |
| Balance sheet total | € 222,402,552 | € 179,698,676 | € 225,427,044 | ▲ 25% |
| Employees (FTE) | 202.8 | 199.7 | 188.3 | ▼ 11.4 |
Key figures of Hewlett Packard Enterprise Belgium, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 May 2027.
What happened to Hewlett Packard Enterprise Belgium?
What happened at Hewlett Packard Enterprise Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.6 million (▼ 86% vs 2024). Source: NBB ↗
- Geert Deschuymere stepped down as director. NBB
- Bart Appelen became a director. NBB
- Geert Deschuymere became a director. NBB
- Stephane Lahaye became a director. NBB
- Coen Timmer became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Machelen (Brab.). KBO
In short
From € 17.7 million loss in 2023 to € 1.6 million profit in 2025.
Paid € 3.7 million in corporate taxes since 2023.
Best year ever: 2024, with € 11.4 million profit.
Paid out € 45 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Hewlett Packard Enterprise Belgium are Stephane Lahaye, Coen Timmer and Bart Appelen. The shares are held by Hewlett-Packard The Hague B.V. (100%).
Directors
According to the 2025 annual accounts
Stephane Lahaye
Director
since 2019
since 2013
Bart Appelen
Director
since 2025
Geert Deschuymere
Director
Also active at: Hewlett Packard Enterprise CDS Belgium, JUNIPER NETWORKS BELGIUM
since 2020 · until 2025
Shareholders
Hewlett-Packard The Hague B.V.
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hermeslaan 1 A
1831 Machelen (Brab.)
Hermeslaan 1A
1831 Machelen (Brab.)
Active since 1 June 1961
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.220.594
- VAT number
- BE 0402.220.594
- Registered office
- Hermeslaan 1 A, 1831 Machelen (Brab.)
- Names & denominations
- Hewlett Packard Enterprise Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 1961
- Peppol
- Active · Active since 9 Feb 2026
- Activities · NACE
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