Financials
Financial year 2025
HAGEWEST from Staden, company number BE0898340061, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year HAGEWEST recorded a gross margin of € 4.5 million and equity of € 8.8 million. Compared with financial year 2024, the result moved from € 942,831 to € 2.2 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 November 7, 2025.
€ 8.8 million
▲ 34% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 136% vs 2024
Profit after tax over the fiscal year.
€ 429,987
▲ 19% 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 € 8.8 million.
People and assets in 2025
21.5
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 704,286
▲ 10% vs 2024
€ 32,800 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.
€ 194,441
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 191,667
▼ 56% vs 2024
€ 158,333 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 927,062
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 336,701
▲ € 277,877 vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,251,677 | € 5,616,157 | € 2,709,178 | € 4,470,719 | ▲ 65% |
| Profit after taxes | € 663,153 | € 2,911,874 | € 942,831 | € 2,229,586 | ▲ 136% |
| Equity | € 3,452,447 | € 5,677,623 | € 6,617,279 | € 8,841,647 | ▲ 34% |
| Total debts | € 1,896,024 | € 991,154 | € 1,278,040 | € 1,463,278 | ▲ 14% |
| Cash | € 798,168 | € 985,857 | € 359,863 | € 429,987 | ▲ 19% |
| Land & buildings | € 1,850,402 | € 1,699,947 | € 2,390,805 | € 3,295,879 | ▲ 38% |
| Retained profit | € 3,414,887 | € 5,644,231 | € 6,587,061 | € 8,816,647 | ▲ 34% |
| Dividend | € 1,219,859 | € 682,530 | € 0 | € 0 | |
| Bank debt | € 1,255,333 | € 811,000 | € 433,334 | € 191,667 | ▼ 56% |
| Balance sheet total | € 5,356,957 | € 6,676,041 | € 7,901,614 | € 10,310,144 | ▲ 30% |
| Employees (FTE) | 21.4 | 18.7 | 20.4 | 21.5 | ▲ 1.1 |
Key figures of HAGEWEST, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to HAGEWEST?
What happened at HAGEWEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ 136% vs 2024). filed late Source: NBB ↗
- New establishment in Staden. KBO
- Start of the company according to the CBE. KBO
In short
From € 663,153 profit in 2021 to € 2.2 million profit in 2025.
Paid € 2.8 million in corporate taxes since 2021.
Best year ever: 2023, with € 2.9 million profit.
On average € 207,900 of value added per employee in 2025.
Management
Behind HAGEWEST are Jasper Haghedooren, Marleen Trybou, Rudi Haghedooren and Tine Depoorter. Marleen Trybou is also behind RUHACO. Rudi Haghedooren is also behind RUHACO.
Establishments
Establishment units
Physical locations of this company
Poelkapellestraat(WRB) 46C
8840 Staden
Poelkapellestraat(WRB) 46 box C
8840 Staden
Active since 1 July 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0898.340.061
- VAT number
- BE 0898.340.061
- Registered office
- Poelkapellestraat(WRB) 46C, 8840 Staden
- Names & denominations
- HAGEWEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 June 2008
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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