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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 2025.
Financials
Financial year 2025
HOGANAS BELGIUM from Ath, company number BE0422056601, closed financial year 2025 with a result of € 16 million after tax. For that financial year HOGANAS BELGIUM recorded revenue of € 112.3 million and equity of € 228.9 million. Compared with financial year 2024, the result moved from € 14.3 million to € 16 million. Profitable, and profit is growing. 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 September 28, 2026.
€ 228.9 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16 million
▲ 12% vs 2024
Profit after tax over the fiscal year.
€ 360,190
▼ 19% 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 € 120.7 million.
People and assets in 2025
177.5
▲ 8.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 14.8 million
▲ 2% vs 2024
€ 83,300 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.
€ 14 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 2.7 million
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 109,700,181 | € 112,301,975 | ▲ 2% |
| Profit after taxes | € 14,313,876 | € 16,027,345 | ▲ 12% |
| Equity | € 212,912,495 | € 228,939,840 | ▲ 8% |
| Total debts | € 54,334,310 | € 38,497,227 | ▼ 29% |
| Cash | € 443,974 | € 360,190 | ▼ 19% |
| Land & buildings | € 7,274,155 | € 6,944,457 | ▼ 5% |
| Retained profit | € 104,721,075 | € 120,748,420 | ▲ 15% |
| Balance sheet total | € 267,320,647 | € 267,488,983 | |
| Employees (FTE) | 169.4 | 177.5 | ▲ 8.1 |
Key figures of HOGANAS BELGIUM, fiscal years 2024 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 HOGANAS BELGIUM?
What happened at HOGANAS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- JENS GRUNERT stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- VINCENT RASNEUR stepped down as director. NBB
- HANS KELLER stepped down as director. NBB
- JENS GRUNERT became a director. NBB
- KATARINA JARRING stepped down as director. NBB
- HANS KELLER became a director. NBB
- VINCENT RASNEUR became a director. NBB
In short
From € 14.3 million profit in 2024 to € 16 million profit in 2025.
Paid € 11.1 million in corporate taxes since 2024.
Best year ever: 2025, with € 16 million profit.
Pays suppliers within 59 days on average.
Management
Directors
According to the 2025 annual accounts
JENS GRUNERT
Director
since 2025 · until 2028
HANS KELLER
Director
since 2024 · until 2025
KATARINA JARRING
Director
since 2023 · until 2025
VINCENT RASNEUR
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Ruelle Gros Pierre 10
7800 Ath
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.056.601
- VAT number
- BE 0422.056.601
- Registered office
- Ruelle Gros Pierre 10, 7800 Ath
- Names & denominations
- HOGANAS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 1981
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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