ACTIVE

VOORUITZICHT

Financial year 2025 · closed on 31/12/2025
Net result
337 k €
+196.8% YoY
Revenue
6 M €
-42.6% YoY
Equity
27,6 M €
+1.2% YoY
Workforce
29,7 ETP
-8.6% YoY

What does VOORUITZICHT do?

VOORUITZICHT is a Public limited company incorporated in 1905. Its main activity is: Construction of buildings. Its registered office is in Antwerpen. It employs on average 29,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0404.678.357
Incorporation
04/02/1905
Legal form
Public limited company
Registered office
Leopold de Waelplaats 26
2000 Antwerpen · FlandreSee on map
Contributed capital
4 100 000,00 €
Latest accounts
31/12/2025
Average workforce
29,7 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201020092008
Income statement
Revenue6 M €10,4 M €17,2 M €23,5 M €38,9 M €23,6 M €21,4 M €16 M €15,7 M €27,7 M €21,3 M €23 M €28,7 M €32,1 M €33,8 M €85,7 M €76,4 M €
EBITDA-2,9 M €-4,6 M €-2,1 M €-1,6 M €2,3 M €-841,1 k €-1,3 M €298,7 k €189,7 k €-176,7 k €6,5 M €699,6 k €555 k €636,9 k €3,8 M €4 M €3,5 M €
Operating result-3 M €-5,6 M €-2,4 M €-2 M €1,8 M €-1,4 M €-1,8 M €85,8 k €-260,2 k €-604 k €5,8 M €246,9 k €53,4 k €117,9 k €3,1 M €3,3 M €2,9 M €
Net result337 k €-348,3 k €2,7 M €2,7 M €4,1 M €1,8 M €2,8 M €1 M €487,4 k €47,3 k €3,8 M €404,4 k €29,2 k €-155,8 k €2,1 M €2,1 M €1,5 M €
Balance sheet
Equity27,6 M €27,3 M €29,7 M €27,4 M €24,8 M €21,2 M €19,9 M €17,5 M €16,5 M €16 M €16 M €12,1 M €11,6 M €11,6 M €11,7 M €11,5 M €11,2 M €
Total assets43,6 M €48,5 M €54,6 M €60,3 M €63,1 M €65,6 M €58,8 M €48,5 M €43,9 M €42,4 M €62,3 M €57,3 M €54,7 M €54,1 M €67,3 M €61,1 M €73,3 M €
Cash2,3 M €924,1 k €207,2 k €614,6 k €692,4 k €687,9 k €1,2 M €852,5 k €934,9 k €1,3 M €3,3 M €2,9 M €2,3 M €1 M €4,7 M €2,7 M €322,5 k €
Debts15,2 M €19,7 M €24 M €32 M €37 M €43,1 M €34,9 M €28,7 M €26,1 M €25,1 M €45,2 M €44,4 M €42,1 M €41,6 M €54,7 M €48,8 M €61 M €
Other
Workforce29,7 ETP32,5 ETP39,2 ETP46,3 ETP45,5 ETP43,9 ETP45,7 ETP44,1 ETP43,6 ETP40,9 ETP41,0 ETP44,5 ETP45,9 ETP48,8 ETP134,4 ETP153,8 ETP175,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 48 ended

Active mandates

Ann Van Mechelen

Director · since 26 mai 2025 · until 29 mai 2028

Active
BAIKAL

Director · since 26 mai 2025 · until 29 mai 2028 · 0742.697.227

Represented by Jeremy Van Maercke

Active
HECKE PARTNERS

Chairman of the board of directors · since 26 mai 2025 · until 29 mai 2028 · 0479.530.782

Represented by Jean-François van Hecke

Active
SOCREAL

Managing director · since 26 mai 2025 · until 29 mai 2028 · 0436.834.748

Represented by Luc Van Maercke

Active
KACE INVESTMENTS

Director · since 30 mai 2022 · until 26 mai 2025 · 0790.470.915

Represented by Ann Van Mechelen

Active

Ended mandates

BAIKAL

Director · since 07 septembre 2022 · until 26 mai 2025 · 0742.697.227

Represented by Jeremy Van Maercke

Ended
HECKE PARTNERS

Chairman of the board of directors · since 30 mai 2022 · until 26 mai 2025 · 0479.530.782

Represented by Jean-François van Hecke

Ended
KACE INVESTMENTS

Director · since 30 mai 2022 · until 26 mai 2025 · 0790.470.915

Represented by Ann Van Mechelen

Ended
SOCREAL

Managing director · since 30 mai 2022 · until 26 mai 2025 · 0436.834.748

Represented by Luc Van Maercke

Ended
At this address

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ARAGONIAActive
0841.355.135
BAIKALActive
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BETACOMActive
0451.032.479
CALLEBEEKActive
0841.355.531
DEGREESActive
1041.286.288
EKSTERLAERActive
0862.661.778
FORCE BLUEActive
0889.044.788
ForceSaleActive
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REGATTA-L.O.Active
0818.494.809
!SELLActive
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SOCREALActive
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URBANActive
0442.356.028
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelm120-f-p
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/07/202617/02/202604/07/202405/07/202307/07/202208/07/2021
General meeting26/05/202626/05/202527/05/202430/05/202330/05/202231/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

75 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202602/07/2026DutchPDF
Full modelCorrection31/12/202426/05/202517/02/2026DutchPDF
Full model31/12/202426/05/202508/07/2025DutchPDF
m120-f-p31/12/202426/05/202508/07/2025DutchPDF
Full model31/12/202327/05/202404/07/2024DutchPDF
m120-f-p31/12/202327/05/202409/07/2024DutchPDF
Full model31/12/202230/05/202305/07/2023DutchPDF
m120-f-p31/12/202230/05/202307/07/2023DutchPDF
Full model31/12/202130/05/202207/07/2022DutchPDF
m120-f-p31/12/202130/05/202207/07/2022DutchPDF
Full model31/12/202031/05/202107/07/2021DutchPDF
m120-f-p31/12/202031/05/202108/07/2021DutchPDF
Full model31/12/201908/06/202015/07/2020DutchPDF
m120-f-p31/12/201908/06/202016/07/2020DutchPDF
Full model31/12/201827/05/201910/07/2019DutchPDF
m120-f-p31/12/201827/05/201910/07/2019DutchPDF
Full model31/12/201728/05/201804/07/2018DutchPDF
m120-f-p31/12/201728/05/201805/07/2018DutchPDF
Full model31/12/201629/05/201706/07/2017DutchPDF
m120-f-p31/12/201629/05/201722/08/2017DutchPDF
Full model31/12/201520/06/201608/07/2016DutchPDF
m120-f-p31/12/201520/06/201608/07/2016DutchPDF
Full model31/12/201426/05/201513/07/2015DutchPDF
m120-f-p31/12/201426/05/201510/07/2015DutchPDF

View all 75 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 48 ended

Active mandates

Ann Van Mechelen

Director · since 26 mai 2025 · until 29 mai 2028

Active
BAIKAL

Director · since 26 mai 2025 · until 29 mai 2028 · 0742.697.227

Represented by Jeremy Van Maercke

Active
HECKE PARTNERS

Chairman of the board of directors · since 26 mai 2025 · until 29 mai 2028 · 0479.530.782

Represented by Jean-François van Hecke

Active
SOCREAL

Managing director · since 26 mai 2025 · until 29 mai 2028 · 0436.834.748

Represented by Luc Van Maercke

Active
KACE INVESTMENTS

Director · since 30 mai 2022 · until 26 mai 2025 · 0790.470.915

Represented by Ann Van Mechelen

Active

Ended mandates

BAIKAL

Director · since 07 septembre 2022 · until 26 mai 2025 · 0742.697.227

Represented by Jeremy Van Maercke

Ended
HECKE PARTNERS

Chairman of the board of directors · since 30 mai 2022 · until 26 mai 2025 · 0479.530.782

Represented by Jean-François van Hecke

Ended
KACE INVESTMENTS

Director · since 30 mai 2022 · until 26 mai 2025 · 0790.470.915

Represented by Ann Van Mechelen

Ended
SOCREAL

Managing director · since 30 mai 2022 · until 26 mai 2025 · 0436.834.748

Represented by Luc Van Maercke

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates11/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025337 k €
  2. 07/07/2025
    nominationSOCREAL BV — gedelegeerd bestuurder
  3. 26/05/2025
    nominationHecke Partners NV — bestuurder
  4. 26/05/2025
    nominationSocreal BV — bestuurder
  5. 26/05/2025
    nominationAnn Van Mechelen — bestuurder
  6. 26/05/2025
    nominationBaikal BV — bestuurder
  7. 2024
    Annual accounts 2024-348,3 k €
  8. 2023
    Annual accounts 20232,7 M €
  9. 30/05/2023
    reconductionBV VGD Bedrijfsrevisoren — commissaris
  10. 30/05/2023
    nominationMaarten Lindemans — vaste vertegenwoordiger
  11. 2023
    Name changeVOORUITZICHT
  12. 2022
    Annual accounts 20222,7 M €
  13. 07/09/2022
    nominationBaikal BV — bestuurder
  14. 30/05/2022
    reconductionSocreal BV — bestuurder
  15. 30/05/2022
    reconductionHecke Partners NV — bestuurder
  16. 30/05/2022
    reconductionInvestments BV — bestuurder
  17. 30/05/2022
    nominationSocreal BV — gedelegeerd bestuurder
  18. 2021
    Annual accounts 20214,1 M €
  19. 2021
    Name changeBOUWONDERNEMING VOORUITZICHT
  20. 2020
    Annual accounts 20201,8 M €
  21. 2019
    Annual accounts 20192,8 M €
  22. 2018
    Annual accounts 20181 M €
  23. 2017
    Annual accounts 2017487,4 k €
  24. 2016
    Annual accounts 201647,3 k €
  25. 2015
    Annual accounts 20153,8 M €
  26. 2014
    Annual accounts 2014404,4 k €
  27. 2013
    Annual accounts 201329,2 k €
  28. 2012
    Annual accounts 2012-155,8 k €
  29. 2010
    Annual accounts 20102,1 M €
  30. 2009
    Annual accounts 20092,1 M €
  31. 2008
    Annual accounts 20081,5 M €
  32. 04/02/1905
    IncorporationPublic limited company