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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
HEXCEL COMPOSITES from Welkenraedt, company number BE0402459235, closed financial year 2025 with a result of € 932,976 after tax. For that financial year HEXCEL COMPOSITES recorded revenue of € 36.3 million and equity of € 27.6 million. Compared with financial year 2024, the result moved from € 1.7 million to € 932,976. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 27.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 932,976
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 64,512
▲ 223% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 288,061.
People and assets in 2025
49.4
▼ 73 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18 million
▲ 81% vs 2024
€ 363,700 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.1 million
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 3.8 million
▲ 59% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 22,697,867 | € 23,421,593 | € 27,192,988 | € 36,336,169 | ▲ 34% |
| Profit after taxes | € 1,334,232 | € 1,263,873 | € 1,655,661 | € 932,976 | ▼ 44% |
| Equity | € 23,747,845 | € 25,011,718 | € 26,667,380 | € 27,600,356 | ▲ 3% |
| Total debts | € 3,990,229 | € 3,888,303 | € 3,959,393 | € 4,869,779 | ▲ 23% |
| Cash | € 10,831 | € 5,829 | € 19,961 | € 64,512 | ▲ 223% |
| Land & buildings | € 110,971 | € 110,971 | € 110,971 | € 110,971 | |
| Retained profit | € -3,564,450 | € -2,300,576 | € -644,915 | € 288,061 | ▲ € 932,976 |
| Balance sheet total | € 30,324,447 | € 31,002,211 | € 32,130,926 | € 37,243,862 | ▲ 16% |
| Employees (FTE) | 111.4 | 120 | 122.4 | 49.4 | ▼ 73 |
Key figures of HEXCEL COMPOSITES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HEXCEL COMPOSITES?
What happened at HEXCEL COMPOSITES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 932,976 (▼ 44% vs 2024). Source: NBB ↗
- Paul Moreau became a director. NBB
- Yannick Parent became a director. NBB
- Gail Lehman became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Welkenraedt. KBO
In short
From € 1.3 million profit in 2022 to € 932,976 profit in 2025.
Paid € 421,410 in corporate taxes since 2022.
Best year ever: 2024, with € 1.7 million profit.
Pays suppliers within 47 days on average.
A new publication or filing at HEXCEL COMPOSITES? We notify you, reason included.
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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 HEXCEL COMPOSITES are Paul Moreau, Yannick Parent and Gail Lehman.
Directors
According to the 2025 annual accounts
Paul Moreau
Director
since 2023
Yannick Parent
Director
since 2021
Gail Lehman
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Rue Trois Bourdons 54
4840 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.459.235
- VAT number
- BE 0402.459.235
- Registered office
- Rue Trois Bourdons 54, 4840 Welkenraedt
- Names & denominations
- HEXCEL COMPOSITES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1967
- Peppol
- Active · Active since 11 Mar 2026
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Vervaardiging van ijzer en staal en van ferrolegeringen