Financials
Financial year 2024
HAY GROUP from Sint-Martens-Latem, company number BE0793601441, closed financial year 2024 with a result of € 11,247 after tax. For that financial year HAY GROUP recorded a gross margin of € 31,344 and equity of € 9,400. Compared with financial year 2023, the result moved from € -6,847 to € 11,247. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 5, 2025.
€ 9,400
▲ € 11,247 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,247
▲ still € 6,847 loss in 2023
Profit after tax over the fiscal year.
€ 16,112
▲ 16% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4,400.
People and assets in 2024
€ 32,084
▲ 4% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 30,626
€ 12,151 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 38,449
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,433
▲ € 1,191 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € -4,274 | € 31,344 | ▲ € 35,618 |
| Profit after taxes | € -6,847 | € 11,247 | ▲ € 18,094 |
| Equity | € -1,847 | € 9,400 | ▲ € 11,247 |
| Total debts | € 82,047 | € 115,377 | ▲ 41% |
| Cash | € 13,944 | € 16,112 | ▲ 16% |
| Retained profit | € -6,847 | € 4,400 | ▲ € 11,247 |
| Bank debt | € 0 | € 30,626 | |
| Balance sheet total | € 80,200 | € 124,776 | ▲ 56% |
Key figures of HAY GROUP, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to HAY GROUP?
What happened at HAY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,247. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lochristi. KBO
In short
From € 6,847 loss in 2023 to € 11,247 profit in 2024.
Paid € 3,857 in corporate taxes since 2023.
Best year ever: 2024, with € 11,247 profit.
Management
Behind HAY GROUP are Vardan Adamyan and Simona Siaudvytyte.
Directors
According to the 2024 annual accounts
Vardan Adamyan
Director
Simona Siaudvytyte
Director
Establishments
Establishment units
Physical locations of this company
Kerkstraat 4
9830 Sint-Martens-Latem
Hijfte-Center 8
9080 Lochristi
Active since 15 November 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SIAUDVYTYTE Simona(oprichter) 60%
- ADAMYAN Vardan(oprichter) 40%
Details
- Company number
- 0793.601.441
- VAT number
- BE 0793.601.441
- Registered office
- Kerkstraat 4, 9830 Sint-Martens-Latem
- Names & denominations
- HAY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2022
- Peppol
- Active · Active since 12 Feb 2025
- Contact
- hay-group.be
- Activities · NACE
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