ACTIVE

DHV

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Financial year 2025 · closed on 31/12/2025

Net result

25,1 k €

+61.5% YoY

Gross margin

352,5 k €

-10.8% YoY

Equity

4 M €

+0.6% YoY

Workforce

3,0 ETP

-16.7% YoY

What does DHV do?

DHV is a Private limited company incorporated in 1970. Its registered office is in Antwerpen. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0407.908.358

Incorporation

29/12/1970

Legal form

Private limited company

Registered office

Hoveniersstraat 2 box 117
2018 Antwerpen · FlandreSee on map

Contributed capital

5 765 738,03 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	352,5 k €	-10.8%	395,3 k €	-24.6%	524,2 k €	+42.4%	368,2 k €	+38.3%	266,2 k €	+615%	37,2 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	39,8 k €	-39.5%	65,8 k €	+22.1%	53,9 k €	+117%	-315,8 k €	-320%	143,3 k €	+311%	-67,8 k €	-355%	26,6 k €	-82.8%	154,2 k €	+106%	-2,8 M €	-50.4%	-1,9 M €	-303%	916 k €	+30.5%	702,2 k €	+169%	261,1 k €	-6.4%	278,9 k €	-59.6%	690,8 k €	-39.4%	1,1 M €	+58.1%	720,8 k €	-43.6%	1,3 M €	-24.7%	1,7 M €	+110%	807,8 k €
Operating result	-1,8 k €	-106%	30,2 k €	-5.0%	31,8 k €	+122%	-144,9 k €	-218%	123,2 k €	+112%	-992,7 k €	-2240%	-42,4 k €	-131%	135,1 k €	+105%	-2,9 M €	-54.4%	-1,9 M €	-319%	867,1 k €	+13.9%	761,2 k €	+382%	157,8 k €	+5.1%	150,1 k €	-73.3%	562,6 k €	-47.7%	1,1 M €	+86.4%	576,6 k €	-50.3%	1,2 M €	-7.4%	1,3 M €	+83.3%	684,4 k €
Net result	25,1 k €	+61.5%	15,5 k €	+314%	-7,3 k €	-120%	36,9 k €	+75.1%	21,1 k €	+101%	-3,5 M €	-2474%	-137 k €	-687%	23,4 k €	+101%	-2,7 M €	-189%	3 M €	+8646%	34,4 k €	-93.1%	495 k €	+691%	62,6 k €	-57.2%	146,2 k €	-5.8%	155,1 k €	+57.1%	98,7 k €	-18.6%	121,3 k €	+28.7%	94,2 k €	+127%	-344,8 k €	-657%	61,9 k €
Balance sheet
Equity	4 M €	+0.6%	3,9 M €	+0.4%	3,9 M €	-0.2%	3,9 M €	+1.0%	3,9 M €	+0.5%	3,9 M €	-47.7%	7,4 M €	-1.8%	7,5 M €	+0.3%	7,5 M €	-26.2%	10,2 M €	+42.0%	7,2 M €	-2.2%	7,3 M €	+5.6%	6,9 M €	+58.7%	4,4 M €	+3.5%	4,2 M €	+3.8%	4,1 M €	+2.5%	4 M €	+3.2%	3,8 M €	+2.5%	3,8 M €	+320%	892,8 k €
Total assets	14,7 M €	-8.7%	16,1 M €	-10.8%	18,1 M €	+4.4%	17,3 M €	+0.8%	17,2 M €	+1.3%	17 M €	-17.5%	20,6 M €	-0.8%	20,7 M €	+7.4%	19,3 M €	-29.5%	27,4 M €	+20.2%	22,8 M €	+6.4%	21,4 M €	+5.1%	20,4 M €	+12.3%	18,1 M €	-8.4%	19,8 M €	+21.8%	16,3 M €	+0.7%	16,2 M €	+8.8%	14,9 M €	-9.2%	16,4 M €	-6.2%	17,4 M €
Cash	91,5 k €	+461%	16,3 k €	-77.2%	71,5 k €	-4.2%	74,6 k €	+110%	35,5 k €	+175%	12,9 k €	-85.0%	86,1 k €	+201%	28,6 k €	-81.4%	153,7 k €	-75.8%	635,5 k €	+1.6%	625,6 k €	-64.8%	1,8 M €	+881%	181,2 k €	-41.0%	307,2 k €	+1219%	23,3 k €	-86.1%	167 k €	-31.3%	243,1 k €	+587%	35,4 k €	+49.5%	23,7 k €	+4.5%	22,6 k €
Debts	10,7 M €	-11.6%	12,1 M €	-14.2%	14,2 M €	+5.4%	13,4 M €	+1.0%	13,3 M €	+1.5%	13,1 M €	-0.7%	13,2 M €	-0.2%	13,2 M €	+11.9%	11,8 M €	-31.4%	17,2 M €	+10.2%	15,6 M €	+10.8%	14,1 M €	+5.5%	13,4 M €	-2.9%	13,8 M €	-11.6%	15,6 M €	+27.6%	12,2 M €	+0.3%	12,2 M €	+10.6%	11 M €	-12.7%	12,6 M €	-23.8%	16,5 M €
Other
Workforce	3,0 ETP	-16.7%	3,6 ETP	-10.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	0.0%	4,0 ETP	+11.1%	3,6 ETP	+9.1%	3,3 ETP	-60.7%	8,4 ETP	-27.6%	11,6 ETP	-31.4%	16,9 ETP	-14.6%	19,8 ETP	-12.4%	22,6 ETP	-2.2%	23,1 ETP	0.0%	23,1 ETP	-9.1%	25,4 ETP	-2.3%	26,0 ETP	+2.4%	25,4 ETP	-2.7%	26,1 ETP	+15.0%	22,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Leslie Julien G Verhaere

Director · since 29 mars 2018

Active

Ended mandates

Leslie Julien G Verhaere

Manager · since 29 mars 2018

Ended

Anthony Verhaere

Managing director · since 16 juin 2012 · until 16 juin 2018

Ended

Anthony Verhaere

Managing director · since 16 juin 2012 · until 18 juin 2018

Ended

Leslie Verhaere

Managing director · since 16 juin 2012 · until 16 juin 2018

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	26/09/2025	25/10/2024	27/09/2023	07/07/2022	28/10/2021
General meeting	27/08/2026	26/09/2025	03/10/2024	26/09/2023	18/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	27/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	26/09/2025	26/09/2025	Dutch	PDF
Abridged model	31/12/2023	03/10/2024	25/10/2024	Dutch	PDF
Abridged model	31/12/2022	26/09/2023	27/09/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	28/10/2021	Dutch	PDF
Full model	31/12/2019	20/06/2020	01/09/2020	Dutch	PDF
Full model	31/12/2018	15/06/2019	20/09/2019	Dutch	PDF
Full model	31/12/2017	16/06/2018	16/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	27/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	20/06/2015	29/07/2015	Dutch	PDF
m120-f-p	31/12/2014	09/10/2015	03/12/2015	Dutch	PDF
Full model	31/12/2013	21/06/2014	01/07/2014	Dutch	PDF
Full model	31/12/2012	15/06/2013	09/07/2013	Dutch	PDF
Full model	31/12/2011	16/06/2012	24/07/2012	Dutch	PDF
Full model	31/12/2010	05/08/2011	30/08/2011	Dutch	PDF
Full model	31/12/2009	26/07/2010	30/08/2010	Dutch	PDF
Full model	31/12/2008	21/09/2009	29/09/2009	Dutch	PDF
Full model	31/12/2007	21/06/2008	28/08/2008	Dutch	PDF
Full model	31/12/2006	16/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 15 ended

Active mandates

Leslie Julien G Verhaere

Director · since 29 mars 2018

Active

Ended mandates

Leslie Julien G Verhaere

Manager · since 29 mars 2018

Ended

Anthony Verhaere

Managing director · since 16 juin 2012 · until 16 juin 2018

Ended

Anthony Verhaere

Managing director · since 16 juin 2012 · until 18 juin 2018

Ended

Leslie Verhaere

Managing director · since 16 juin 2012 · until 16 juin 2018

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2018
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares26/05/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares07/01/2014
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other25/01/2013
ALGEMENE VERGADERING
PDF
Mandates15/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202525,1 k €↑
2024
Annual accounts 202415,5 k €↑
2023
Annual accounts 2023-7,3 k €↓
2023
Name changeDHV
2022
Annual accounts 202236,9 k €↑
2021
Annual accounts 202121,1 k €↑
2021
Name changeDE HANTSETTERS EN VERHAERE
2020
Annual accounts 2020-3,5 M €↓
2019
Annual accounts 2019-137 k €↓
2018
Annual accounts 201823,4 k €↑
2017
Annual accounts 2017-2,7 M €↓
2016
Annual accounts 20163 M €↑
2015
Annual accounts 201534,4 k €↓
2014
Annual accounts 2014495 k €↑
2013
Annual accounts 201362,6 k €↓
2012
Annual accounts 2012146,2 k €↓
2011
Annual accounts 2011155,1 k €↑
2010
Annual accounts 201098,7 k €↓
2009
Annual accounts 2009121,3 k €↑
2008
Annual accounts 200894,2 k €↑
2007
Annual accounts 2007-344,8 k €↓
2006
Annual accounts 200661,9 k €
29/12/1970
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DHV

Overview

What does DHV do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline