Warning lights
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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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HCL Technologies Belgium from Zaventem, company number BE0542547130, closed financial year 2025 with a result of € 3.3 million after tax. For that financial year HCL Technologies Belgium recorded revenue of € 113.9 million and equity of € 16.9 million. Compared with financial year 2024, the result moved from € 3.9 million to € 3.3 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 16.9 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.3 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 5.3 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
179.3
▼ 4.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23.1 million
▼ 3% vs 2024
€ 128,700 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.
€ 19.6 million
▲ 22% vs 2024
Of which on lease € 17.7 million.
Debts at end 2025
€ 21.7 million
▲ 23% vs 2024
€ 6.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 25.9 million
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 119 days on average.
€ 5.4 million
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 97,703,422 | € 77,210,343 | € 109,238,596 | € 113,863,176 | ▲ 4% |
| Profit after taxes | € 2,901,494 | € 1,460,447 | € 3,892,022 | € 3,296,795 | ▼ 15% |
| Equity | € 11,745,153 | € 13,205,600 | € 17,097,623 | € 16,894,417 | ▼ 1% |
| Total debts | € 69,880,236 | € 59,762,523 | € 55,862,492 | € 65,436,992 | ▲ 17% |
| Cash | € 17,503,306 | € 22,886,020 | € 5,497,604 | € 5,349,389 | ▼ 3% |
| Retained profit | € 8,076,982 | € 9,537,429 | € 13,429,452 | € 13,226,246 | ▼ 2% |
| Dividend | € 0 | € 0 | € 0 | € 3,500,000 | |
| Bank debt | € 25,229,743 | € 26,706,276 | € 17,569,453 | € 21,689,190 | ▲ 23% |
| Balance sheet total | € 81,645,417 | € 72,988,151 | € 72,960,115 | € 82,331,409 | ▲ 13% |
| Employees (FTE) | 148.2 | 167.4 | 183.4 | 179.3 | ▼ 4.1 |
Key figures of HCL Technologies 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 July 2027.
What happened to HCL Technologies Belgium?
What happened at HCL Technologies 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 € 3.3 million (▼ 15% vs 2024). filed late Source: NBB ↗
- Steven Valvekens became a director. NBB
- Goutam RUNGTA became a director. NBB
- Shiv WALIA became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Zaventem. KBO
In short
From € 2.9 million profit in 2023 to € 3.3 million profit in 2025.
Paid € 4.6 million in corporate taxes since 2023.
Best year ever: 2024, with € 3.9 million profit.
Paid out € 3.5 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 HCL Technologies Belgium are Goutam RUNGTA, Shiv WALIA and Steven Valvekens. The shares are held by HCL Technologies UK LTD and HCL EAS LTD.
Directors
According to the 2025 annual accounts
Goutam RUNGTA
Director
since 2022
Shiv WALIA
Director
since 2016
Steven Valvekens
Director
since 2024
Shareholders
HCL Technologies UK LTD
HCL EAS LTD
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lozenberg 18
1932 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0542.547.130
- VAT number
- BE 0542.547.130
- Registered office
- Lozenberg 18, 1932 Zaventem
- Names & denominations
- HCL Technologies Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2013
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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