What does HEXCEL COMPOSITES do?

HEXCEL COMPOSITES is a structural metal fabricator in Welkenraedt. Private Limited, started on 19 June 1967, 1 establishment.

What is the address of HEXCEL COMPOSITES?

The registered office of HEXCEL COMPOSITES is located at Rue Trois Bourdons 54, 4840 Welkenraedt.

Is HEXCEL COMPOSITES still active?

Yes. According to the CBE (31 October 2026) HEXCEL COMPOSITES is active, legal situation “Normale toestand”, started on 19 June 1967.

Is HEXCEL COMPOSITES registered on Peppol?

Yes, HEXCEL COMPOSITES is registered on the Peppol network with ID 0208:0402459235.

What is the enterprise number of HEXCEL COMPOSITES?

The enterprise number of HEXCEL COMPOSITES is BE0402459235.

When was HEXCEL COMPOSITES founded?

HEXCEL COMPOSITES was founded on 19 June 1967.

Who are the directors of HEXCEL COMPOSITES?

According to the 2025 annual accounts, the directors of HEXCEL COMPOSITES are: Paul Moreau, Yannick Parent, Gail Lehman.

Is HEXCEL COMPOSITES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 June 1967; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did HEXCEL COMPOSITES make in 2025?

HEXCEL COMPOSITES posted a profit after taxes of € 932,976 in financial year 2025.

What is the revenue of HEXCEL COMPOSITES?

In its most recent annual accounts (2025), HEXCEL COMPOSITES reported revenue of € 36,336,169.

How much does an employee at HEXCEL COMPOSITES earn?

The average wage cost per full-time employee at HEXCEL COMPOSITES was € 363,700 in 2025: staff costs of € 18 million for 49.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does HEXCEL COMPOSITES have?

According to the 2025 annual accounts, HEXCEL COMPOSITES has 49.4 full-time equivalents (FTE).

HEXCEL COMPOSITES (Private Limited) - Welkenraedt

Dossier HEXCEL COMPOSITES, printed on 1 November 2026 from databakkes.be/en/0402459235/hexcel-composites. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

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.

What it is worth Growing

€ 27.6 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 932,976

▼ 44% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 64,512

▲ 223% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 288,061.

People and assets in 2025

Full-time equivalents

49.4

▼ 73 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 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

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 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.

Taxes and wages

€ 3.8 million

▲ 59% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,697,867 Revenue 2022: € 22,697,867 First fiscal year in the series	€ 23,421,593 Revenue 2023: € 23,421,593 ▲ 3% vs 2022 (€ 22,697,867) Favourable step	€ 27,192,988 Revenue 2024: € 27,192,988 ▲ 16% vs 2023 (€ 23,421,593) Favourable step	€ 36,336,169 Revenue 2025: € 36,336,169 ▲ 34% vs 2024 (€ 27,192,988) Favourable step	▲ 34%
Profit after taxes	€ 1,334,232 Profit after taxes 2022: € 1,334,232 First fiscal year in the series	€ 1,263,873 Profit after taxes 2023: € 1,263,873 ▼ 5% vs 2022 (€ 1,334,232) Unfavourable step	€ 1,655,661 Profit after taxes 2024: € 1,655,661 ▲ 31% vs 2023 (€ 1,263,873) Favourable step	€ 932,976 Profit after taxes 2025: € 932,976 ▼ 44% vs 2024 (€ 1,655,661) Unfavourable step	▼ 44%
Equity	€ 23,747,845 Equity 2022: € 23,747,845 First fiscal year in the series	€ 25,011,718 Equity 2023: € 25,011,718 ▲ 5% vs 2022 (€ 23,747,845) Favourable step	€ 26,667,380 Equity 2024: € 26,667,380 ▲ 7% vs 2023 (€ 25,011,718) Favourable step	€ 27,600,356 Equity 2025: € 27,600,356 ▲ 3% vs 2024 (€ 26,667,380) Favourable step	▲ 3%
Total debts	€ 3,990,229 Total debts 2022: € 3,990,229 First fiscal year in the series	€ 3,888,303 Total debts 2023: € 3,888,303 ▼ 3% vs 2022 (€ 3,990,229) Favourable step	€ 3,959,393 Total debts 2024: € 3,959,393 ▲ 2% vs 2023 (€ 3,888,303) Unfavourable step	€ 4,869,779 Total debts 2025: € 4,869,779 ▲ 23% vs 2024 (€ 3,959,393) Unfavourable step	▲ 23%
Cash	€ 10,831 Cash 2022: € 10,831 First fiscal year in the series	€ 5,829 Cash 2023: € 5,829 ▼ 46% vs 2022 (€ 10,831) Unfavourable step	€ 19,961 Cash 2024: € 19,961 ▲ 242% vs 2023 (€ 5,829) Favourable step	€ 64,512 Cash 2025: € 64,512 ▲ 223% vs 2024 (€ 19,961) Favourable step	▲ 223%
Land & buildings	€ 110,971 Land & buildings 2022: € 110,971 First fiscal year in the series	€ 110,971 Land & buildings 2023: € 110,971 Unchanged (€ 110,971) Unchanged	€ 110,971 Land & buildings 2024: € 110,971 Unchanged (€ 110,971) Unchanged	€ 110,971 Land & buildings 2025: € 110,971 Unchanged (€ 110,971) Unchanged
Retained profit	€ -3,564,450 Retained profit 2022: € -3,564,450 First fiscal year in the series	€ -2,300,576 Retained profit 2023: € -2,300,576 ▲ € 1.3 million vs 2022 (€ -3,564,450) Favourable step	€ -644,915 Retained profit 2024: € -644,915 ▲ € 1.7 million vs 2023 (€ -2,300,576) Favourable step	€ 288,061 Retained profit 2025: € 288,061 ▲ € 932,976 vs 2024 (€ -644,915) Favourable step	▲ € 932,976
Balance sheet total	€ 30,324,447 Balance sheet total 2022: € 30,324,447 First fiscal year in the series	€ 31,002,211 Balance sheet total 2023: € 31,002,211 ▲ 2% vs 2022 (€ 30,324,447) Unchanged	€ 32,130,926 Balance sheet total 2024: € 32,130,926 ▲ 4% vs 2023 (€ 31,002,211) Unchanged	€ 37,243,862 Balance sheet total 2025: € 37,243,862 ▲ 16% vs 2024 (€ 32,130,926) Unchanged	▲ 16%
Employees (FTE)	111.4 Employees (FTE) 2022: 111.4 First fiscal year in the series	120 Employees (FTE) 2023: 120 ▲ 8.6 vs 2022 (111.4) Unchanged	122.4 Employees (FTE) 2024: 122.4 ▲ 2.4 vs 2023 (120) Unchanged	49.4 Employees (FTE) 2025: 49.4 ▼ 73 vs 2024 (122.4) Unchanged	▼ 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:

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 932,976 (▼ 44% vs 2024). Source: NBB ↗
2023 Paul Moreau became a director. NBB
2021 Yannick Parent became a director. NBB
2017 Gail Lehman became a director. NBB
Jun 19, 1967 Start of the company according to the CBE. KBO
Jun 1, 1967 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.

Original PDFs at the National Bank ↗

Management

Paul Moreau Yannick Parent Gail Lehman

HEXCEL COMPOSITES

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

Registered office

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

View on CBE Public ↗ Annual accounts (NBB) ↗

HEXCEL COMPOSITES

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Financials

What happened to HEXCEL COMPOSITES?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions