Financials
Financial year 2025
HIVAG from Bernissart, company number BE0892121668, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year HIVAG recorded a gross margin of € 45,438 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 21,059 to € 1.3 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 December 24, 2025.
€ 2.4 million
▲ 120% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ € 1.3 million vs 2024
Profit after tax over the fiscal year.
€ 46,732
▼ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,429 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 25,958
▼ 66% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,850
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30,827
▼ 34% vs 2024
Loans from banks and other lenders, long and short.
€ 3,595
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 119
▼ 99% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 148,477 | € 220,041 | € 142,164 | € 45,438 | ▼ 68% |
| Profit after taxes | € 431,762 | € 75,480 | € 21,059 | € 1,332,444 | ▲ € 1.3 million |
| Equity | € 1,079,662 | € 1,105,142 | € 1,096,201 | € 2,407,217 | ▲ 120% |
| Total debts | € 179,611 | € 142,543 | € 115,999 | € 63,628 | ▼ 45% |
| Cash | € 96,260 | € 51,704 | € 114,441 | € 46,732 | ▼ 59% |
| Land & buildings | € 132,070 | € 125,348 | € 118,626 | € 111,904 | ▼ 6% |
| Retained profit | € 1,017,662 | € 1,043,142 | € 1,034,201 | € 2,345,217 | ▲ 127% |
| Dividend | € 50,000 | € 50,000 | € 30,000 | € 21,429 | ▼ 29% |
| Bank debt | € 35,129 | € 11,050 | € 46,394 | € 30,827 | ▼ 34% |
| Balance sheet total | € 1,259,273 | € 1,247,685 | € 1,212,201 | € 2,470,845 | ▲ 104% |
Key figures of HIVAG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to HIVAG?
What happened at HIVAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pascal FORNER stepped down as director. NBB
- Nathalie VAN CEUNEBROECKE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▲ € 1.3 million vs 2024). Source: NBB ↗
- Pascal FORNER became a director. NBB
- Nathalie VAN CEUNEBROECKE became a director. NBB
- New establishment in Bernissart. KBO
- Start of the company according to the CBE. KBO
In short
From € 431,762 profit in 2022 to € 1.3 million profit in 2025.
Paid € 44,263 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
Paid out € 151,429 in dividends to the owners in total.
Management
It owns 100% of ETECH, 100% of NEW TUBE, 100% of IMMOGANP, 100% of NEO and 49% of SMATEC itself.
Directors
According to the 2025 annual accounts
Pascal FORNER
Managing director
Also active at: NEW TUBE, ETECH, ESIX SURFACE TECHNOLOGIES, IMMOGANP
since 2024 · until 2030
Nathalie VAN CEUNEBROECKE
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Rue Buissonnet(HAR) 63
7321 Bernissart
Rue du Calvaire(HAR) 22 box b
7321 Bernissart
Active since 1 January 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0892.121.668
- VAT number
- BE 0892.121.668
- Registered office
- Rue Buissonnet(HAR) 63, 7321 Bernissart
- Names & denominations
- HIVAG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2007
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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