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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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Hiab Belgium from Waterloo, company number BE0804878977, closed financial year 2025 with a result of € 1 million after tax. For that financial year Hiab Belgium recorded revenue of € 22.8 million and equity of € 11.7 million. Compared with financial year 2024, the result moved from € 4.1 million to € 1 million. 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 14, 2026.
€ 11.7 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 361,428
▼ 68% 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 € 8.3 million.
People and assets in 2025
9.3
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 20% vs 2024
€ 227,400 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
€ 12,386
▲ 177% vs 2024
Loans from banks and other lenders, long and short.
€ 2.8 million
▲ 132% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 3.2 million
▲ 35% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 30,519,121 | € 22,781,272 | ▼ 25% |
| Profit after taxes | € 4,145,997 | € 1,020,525 | ▼ 75% |
| Equity | € 10,721,477 | € 11,742,002 | ▲ 10% |
| Total debts | € 3,832,981 | € 6,105,639 | ▲ 59% |
| Cash | € 1,115,379 | € 361,428 | ▼ 68% |
| Retained profit | € 7,309,040 | € 8,329,565 | ▲ 14% |
| Bank debt | € 4,471 | € 12,386 | ▲ 177% |
| Balance sheet total | € 14,677,899 | € 18,028,723 | ▲ 23% |
| Employees (FTE) | 11.3 | 9.3 | ▼ 2 |
Key figures of Hiab 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 Hiab Belgium?
What happened at Hiab Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Matthijs Harrewijn stepped down as director. NBB
- Michael Bruninx stepped down as director. NBB
- Ignace van Stekelenburg stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1 million (▼ 75% vs 2024). Source: NBB ↗
- Matthijs Harrewijn became a director. NBB
- New establishment in Waterloo. KBO
- Michael Bruninx became a director. NBB
- Ignace van Stekelenburg became a director. NBB
In short
From € 4.1 million profit in 2024 to € 1 million profit in 2025.
Paid € 2 million in corporate taxes since 2024.
Best year ever: 2024, with € 4.1 million profit.
Pays suppliers within 47 days on average.
A new publication or filing at Hiab Belgium? 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
Directors
According to the 2025 annual accounts
Matthijs Harrewijn
Director
since 2023 · until 2030
Michael Bruninx
Director
since 2023 · until 2030
Ignace van Stekelenburg
Director
since 2023 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Drève Richelle 167
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →CLARINS BENELUX
€ 20.6 million revenue · 2025
ADERCO MIT
€ 13 million revenue · 2025
Idweaver
€ 1.3 million gross margin · 2025
ELGI COMPRESSORS EUROPE
€ 26.8 million revenue · 2025
CDR Leadership Consulting
€ 413,060 revenue · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
Domain
Domain
hiab.com
Registered
1996-11-14
Registrar
EuroDNS S.A.
Expires
2028-11-13
Website info
Features
Security
Details
- Company number
- 0804.878.977
- VAT number
- BE 0804.878.977
- Registered office
- Drève Richelle 167, 1410 Waterloo
- Names & denominations
- Hiab Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 2023
- Peppol
- Active · Active since 28 Mar 2024
- Contact
- hiab.com
- Activities · NACE
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