Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
HEXA from Watermaal-Bosvoorde, company number BE0833922163, closed financial year 2024 with a result of € -924,399 after tax. For that financial year HEXA recorded a gross margin of € -4.6 million and equity of € 28.6 million. Compared with financial year 2023, the result moved from € -2.6 million to € -924,399. The company made a loss. 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 12, 2025.
€ 28.6 million
▲ 190% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -924,399
▲ 65 % less loss than in 2023
Profit after tax over the fiscal year.
€ 5.5 million
▲ € 4.8 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.6 million.
People and assets in 2024
€ 984
▼ 59% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 22.2 million
▼ 36% vs 2023
Loans from banks and other lenders, long and short.
€ 204,072
▲ 20% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,441,254 | € -1,576,993 | € -2,206,119 | € -4,577,963 | ▼ € 2.4 million |
| Profit after taxes | € 2,479,127 | € -1,874,752 | € -2,639,005 | € -924,399 | ▲ € 1.7 million |
| Equity | € 14,386,177 | € 12,511,425 | € 9,872,419 | € 28,620,128 | ▲ 190% |
| Total debts | € 20,433,243 | € 29,333,322 | € 35,521,133 | € 24,510,224 | ▼ 31% |
| Cash | € 1,741,570 | € 697,218 | € 741,519 | € 5,514,875 | ▲ € 4.8 million |
| Retained profit | € 8,022,525 | € 6,147,773 | € 3,508,768 | € 2,584,369 | ▼ 26% |
| Bank debt | € 18,372,829 | € 27,119,994 | € 34,991,260 | € 22,241,260 | ▼ 36% |
| Balance sheet total | € 34,819,420 | € 41,844,747 | € 45,393,552 | € 53,130,352 | ▲ 17% |
Key figures of HEXA, fiscal years 2021 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 HEXA?
What happened at HEXA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- E-TALENT stepped down as director. NBB
- QUINVEST MANAGEMENT stepped down as director. NBB
- Amaury Sepulchre de Conde stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 924,399. filed late Source: NBB ↗
- Thibaud Elzière stepped down as director. NBB
- Quentin Nickmans stepped down as director. NBB
- E-TALENT became a director. NBB
- QUINVEST MANAGEMENT became a director. NBB
In short
From € 2.5 million profit in 2021 to € 924,399 loss in 2024.
Paid € 784 in corporate taxes since 2021.
Best year ever: 2021, with € 2.5 million profit.
A new publication or filing at HEXA? 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
The stake of ICONIC GROUP, EPARTNERS, HQL, Square Alfa comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HEXAThe shares are held by ICONIC GROUP (34.1%), EPARTNERS (12.6%), HQL (3.7%) and Square Alfa. It owns 100% of HEXA FUND MANAGEMENT, 100% of HEXA STUDIO, 100% of HEXA PARIS, 30% of FOLK INC, 28% of CREW TECHNOLOGIES INC and 26.2% of COLLECTIVE itself.
Directors
According to the 2024 annual accounts
Thibaud Elzière
Director
Also active at: EPARTNERS, eClub Administration, La Compagnie des Coccinelles, Hexa Fund Management, E-TALENT
since 2020 · until 2022
since 2020 · until 2022
Managing director
since 2022 · until 2028
since 2022 · until 2028
Amaury Sepulchre de Conde
Director
since 2020 · until 2026
Shareholders
Participations
100%
HEXA STUDIO
100%
HEXA PARIS
100%
FOLK INC
30%
CREW TECHNOLOGIES INC
28%
COLLECTIVE
26.2%
CYCLE C/O JADE ASSOCIATES
24.6%
CATALOG
22.8%
COHORT
22.3%
ROUNDTABLE
21.9%
YOUSIGN
21.7%
TENGO
21.2%
UPPLOW
21.1%
MARBLE
20.5%
KIOSK
20.4%
DOTFILE
19.7%
Forest INC Delaware Corporation
19.3%
Slite INC Delaware Corporation
18%
ELBA
16.3%
ECAPITALIO
13.3%
Spendesk
12.1%
SWAN
11.4%
Aircall -io INC Delaware Corporation
10.2%
Frontapp INC
9%
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Etablissements Michel Chausseur et Boy Bottier
€ 132,952 gross margin · 2025
HNK2
€ 34,864 gross margin · 2025
Association Belge des Syndicats Médicaux - Bruxelles
Union professionnelle Belge de Dermatologie et Vénérologie - Belgische Beroepsvereniging voor Dermatologie en Venerologie
Belgische beroepsverenigingen van de artsen-specialisten in anesthesie-reanimatie
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0833.922.163
- VAT number
- BE 0833.922.163
- Registered office
- Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
- Names & denominations
- HEXA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2011
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
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