ACTIVE

Ryhove

Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+30.5% YoY
Revenue
8 M €
+9.6% YoY
Equity
12 M €
+11.6% YoY
Workforce
406,5 ETP
+4.6% YoY

What does Ryhove do?

Ryhove is a Non-profit organization incorporated in 1961. Its main activity is: Technical and vocational secondary education. Its registered office is in Gent. It employs on average 406,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.215.007
Incorporation
01/01/1961
Legal form
Non-profit organization
Registered office
Koningsdal 24
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
406,5 ETP
Joint committees (2)
  • 327
  • 32701
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue8 M €7,3 M €7 M €6,8 M €6,6 M €5,4 M €6,4 M €6,4 M €6,7 M €6,5 M €6,1 M €6,1 M €6 M €5,4 M €5,3 M €4,8 M €4,6 M €4,9 M €5 M €
EBITDA2,1 M €1,8 M €1,8 M €906,9 k €1,1 M €847,2 k €1,1 M €1,1 M €1,3 M €998,8 k €798,2 k €1,2 M €593,5 k €480,6 k €713,6 k €635,4 k €893,4 k €93,7 k €784 k €
Operating result1,3 M €1 M €896,9 k €-48,4 k €120,1 k €-137,8 k €160,1 k €295,5 k €724,7 k €456,6 k €230,2 k €627,9 k €129,6 k €-77,4 k €163 k €177,6 k €311,1 k €-496,8 k €246,6 k €
Net result1,3 M €1 M €873,7 k €-74,4 k €91,5 k €-169,8 k €159,1 k €502,8 k €979,7 k €420,1 k €257,9 k €635,8 k €154,7 k €10,7 k €206,9 k €286 k €411,9 k €-485,8 k €399,7 k €
Balance sheet
Equity12 M €10,7 M €9,7 M €8,9 M €8,8 M €8,8 M €8,9 M €8,7 M €8,2 M €7,3 M €6,9 M €6,6 M €5,9 M €5,7 M €5,7 M €5,5 M €5,3 M €4,9 M €5,4 M €
Total assets16 M €14,5 M €13,9 M €12,6 M €13 M €13,3 M €13,3 M €13,1 M €12,8 M €9,6 M €9,3 M €9 M €8,3 M €8,1 M €8,1 M €7,9 M €7,5 M €7,2 M €7,6 M €
Cash2,9 M €2,5 M €2,9 M €1,3 M €1,9 M €1,9 M €1,2 M €2,3 M €2,8 M €2,5 M €2,1 M €1,8 M €1,8 M €1,6 M €1,8 M €1,7 M €1,3 M €564,9 k €724,6 k €
Debts3,8 M €3,5 M €3,9 M €3,6 M €3,9 M €4,3 M €4,1 M €4,1 M €4,3 M €2,1 M €2,2 M €2,1 M €2,1 M €2 M €2,1 M €2 M €1,9 M €2 M €2 M €
Other
Workforce406,5 ETP388,5 ETP402,9 ETP401,2 ETP392,7 ETP392,7 ETP389,0 ETP375,4 ETP371,9 ETP369,4 ETP370,6 ETP371,7 ETP381,8 ETP380,3 ETP372,7 ETP361,6 ETP364,9 ETP359,0 ETP385,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 104 ended

Active mandates

Bob Theeten

Director · since 22 avril 2024 · until 22 avril 2028

Active
Filip Thienpont

Director · since 22 avril 2024 · until 22 avril 2028

Active
Grisja Lobbestael

Director · since 22 avril 2024 · until 22 avril 2028

Active
Marian De Clercq

Director · since 22 avril 2024 · until 22 avril 2028

Active
Didier Steenhaut

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Marc Van Ooteghem

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Maryvonne Verschuere

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Patrick Huyghe

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Sofie Goeminne

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Sophie Manigart

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Walter Rombaut

Director · since 03 septembre 2020 · until 22 avril 2028

Active

Ended mandates

Bob Theeten

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
Didier Steenhaut

Director · since 22 avril 2024 · until 22 avril 2028

Ended
Filip Thienpont

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
Grisja Lobbestael

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
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 date08/05/202605/05/202507/05/202402/05/202320/05/202204/05/2021
General meeting27/04/202622/04/202522/04/202424/04/202327/04/202221/04/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/04/202608/05/2026DutchPDF
Full model31/12/202422/04/202505/05/2025DutchPDF
Full model31/12/202322/04/202407/05/2024DutchPDF
Full model31/12/202224/04/202302/05/2023DutchPDF
Full model31/12/202127/04/202220/05/2022DutchPDF
Full model31/12/202021/04/202104/05/2021DutchPDF
Full model31/12/201903/09/202011/09/2020DutchPDF
Full model31/12/201823/04/201903/05/2019DutchPDF
Full model31/12/201723/04/201826/04/2018DutchPDF
Full model31/12/201612/06/201720/06/2017DutchPDF
Full model31/12/201518/04/201617/05/2016DutchPDF
Full model31/12/201420/04/201507/05/2015DutchPDF
Full model31/12/201314/04/201415/04/2014DutchPDF
Full model31/12/201215/04/201329/04/2013DutchPDF
Full model31/12/201116/04/201210/05/2012DutchPDF
Full model31/12/201018/04/201117/05/2011DutchPDF
Full model31/12/200920/04/201029/06/2010DutchPDF
Full model31/12/200821/04/200921/08/2009DutchPDF
Full model31/12/200718/03/200829/08/2008DutchPDF
Full model31/12/200613/03/200727/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 11 active · 104 ended

Active mandates

Bob Theeten

Director · since 22 avril 2024 · until 22 avril 2028

Active
Filip Thienpont

Director · since 22 avril 2024 · until 22 avril 2028

Active
Grisja Lobbestael

Director · since 22 avril 2024 · until 22 avril 2028

Active
Marian De Clercq

Director · since 22 avril 2024 · until 22 avril 2028

Active
Didier Steenhaut

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Marc Van Ooteghem

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Maryvonne Verschuere

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Patrick Huyghe

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Sofie Goeminne

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Sophie Manigart

Director · since 03 septembre 2020 · until 22 avril 2028

Active
Walter Rombaut

Director · since 03 septembre 2020 · until 22 avril 2028

Active

Ended mandates

Bob Theeten

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
Didier Steenhaut

Director · since 22 avril 2024 · until 22 avril 2028

Ended
Filip Thienpont

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
Grisja Lobbestael

bestuurder · since 22 avril 2024 · until 22 avril 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/03/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2016
    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 20251,3 M €
  2. 2024
    Annual accounts 20241 M €
  3. 2023
    Annual accounts 2023873,7 k €
  4. 2022
    Annual accounts 2022-74,4 k €
  5. 2021
    Annual accounts 202191,5 k €
  6. 2020
    Annual accounts 2020-169,8 k €
  7. 2019
    Annual accounts 2019159,1 k €
  8. 2018
    Annual accounts 2018502,8 k €
  9. 2017
    Annual accounts 2017979,7 k €
  10. 2016
    Annual accounts 2016420,1 k €
  11. 2015
    Annual accounts 2015257,9 k €
  12. 2014
    Annual accounts 2014635,8 k €
  13. 2013
    Annual accounts 2013154,7 k €
  14. 2012
    Annual accounts 201210,7 k €
  15. 2011
    Annual accounts 2011206,9 k €
  16. 2010
    Annual accounts 2010286 k €
  17. 2009
    Annual accounts 2009411,9 k €
  18. 2008
    Annual accounts 2008-485,8 k €
  19. 2007
    Annual accounts 2007399,7 k €
  20. 01/01/1961
    IncorporationNon-profit organization