ACTIVE

HERBAVITA

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Financial year 2024 · Closed on 31/12/2024

Net result59,2 k €-81,8 %over 1 year

Gross margin2 M €-10,7 %over 1 year

Equity1,5 M €+4,0 %over 1 year

Workforce22,2 ETP+7,8 %over 1 year

Identity

Source · BCE/KBO

HERBAVITA is a Private limited company incorporated in 1972. Its main activity is: Manufacture of prepared feeds for farm animals. Its registered office is in Kluisbergen. It employs on average 22,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.058.275
Incorporation: 06/03/1972
Legal form: Private limited company
Registered office: Avelgemstraat 17
9690 Kluisbergen · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2024
Average workforce: 22,2 ETP

Activities (NACE)

10910Manufacture of prepared feeds for farm animals· main 10910Manufacture of prepared feeds for farm animals 46389Wholesale of other food, including fish, crustaceans and molluscs 46389Wholesale of other food, including fish, crustaceans and molluscs 51384Air transport

Joint committees (5)

1182
119
11901
218
220

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 12 financial years

	2024		2023		2022		2021		2013
Income statement
Gross margin	2 M €	-10.7%	2,2 M €	+34.5%	1,6 M €	+0.3%	1,6 M €	+52.4%	1,1 M €
EBITDA	536,2 k €	-30.9%	775,6 k €	+70.7%	454,3 k €	-20.4%	570,8 k €	+89.3%	301,5 k €
Operating result	196,7 k €	-55.0%	437 k €	+153%	172,7 k €	-45.9%	319 k €	+131%	138,3 k €
Net result	59,2 k €	-81.8%	325,6 k €	+175%	118,4 k €	-54.1%	258,1 k €	+265%	70,6 k €
Balance sheet
Equity	1,5 M €	+4.0%	1,5 M €	+12.6%	1,3 M €	+9.9%	1,2 M €	+99.8%	598,6 k €
Total assets	4,1 M €	-8.9%	4,5 M €	+9.9%	4,1 M €	+35.9%	3 M €	+40.1%	2,2 M €
Cash	193,7 k €	-42.5%	336,6 k €	+488%	57,3 k €	-11.0%	64,4 k €	-78.0%	292,2 k €
Debts	2,6 M €	-14.6%	3 M €	+7.9%	2,8 M €	+52.9%	1,8 M €	+20.5%	1,5 M €
Other
Workforce	22,2 ETP	+7.8%	20,6 ETP	-5.5%	21,8 ETP	+1.4%	21,5 ETP	+52.5%	14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 8 ended

Active mandates

KEA

Director · since 30 août 2011 · 0885.143.311

Represented by Marc PAEPE

Active

Ended mandates

KEA

Manager · since 30 août 2011 · 0885.143.311

Ended

KEA

Director · since 30 août 2011 · 0885.143.311

Represented by Marc Paepe

Ended

KEA

Manager · since 30 août 2011 · 0885.143.311

Represented by Marc Paepe

Ended

KEA BVBA

Bestuurder · since 30 août 2011

Represented by Marc Paepe

Ended

Other companies at this address

Avelgemstraat 17 9690 Kluisbergen

Company	CBE no.
EUROPACENTER● Active	0828.616.164
KEA GROEP● Active	0899.267.402
ORCOVET● Active	0479.019.850

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/08/2025	23/08/2024	30/08/2023	26/08/2022	30/07/2021	30/10/2020
General meeting	01/08/2025	14/08/2024	30/08/2023	23/08/2022	08/07/2021	30/10/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	01/08/2025	06/08/2025	Dutch	PDF
Abridged model	31/12/2023	14/08/2024	23/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/08/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	23/08/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	08/07/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/10/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	29/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	16/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/07/2016	12/08/2016	Dutch	PDF
Abridged model	31/12/2014	25/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/08/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/04/2012	29/05/2012	Dutch	PDF
Abridged model	31/12/2010	30/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/08/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	27/11/2009	30/11/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	16/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 8 ended

Active mandates

KEA

Director · since 30 août 2011 · 0885.143.311

Represented by Marc PAEPE

Active

Ended mandates

KEA

Manager · since 30 août 2011 · 0885.143.311

Ended

KEA

Director · since 30 août 2011 · 0885.143.311

Represented by Marc Paepe

Ended

KEA

Manager · since 30 août 2011 · 0885.143.311

Represented by Marc Paepe

Ended

KEA BVBA

Bestuurder · since 30 août 2011

Represented by Marc Paepe

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other07/01/2009
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/04/2005
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 202459,2 k €↓
2023
Annual accounts 2023325,6 k €↑
2023
Name changeHerbavita (BE)
2022
Annual accounts 2022118,4 k €↓
2021
Annual accounts 2021258,1 k €↑
2021
Name changeHerbavita
2013
Annual accounts 201370,6 k €↓
2012
Annual accounts 2012106,5 k €↑
2011
Annual accounts 201169,6 k €↓
2010
Annual accounts 201073,3 k €↑
2009
Annual accounts 2009-26,6 k €↓
2008
Annual accounts 20087,2 k €↓
2007
Annual accounts 200730,5 k €↑
2006
Annual accounts 200624,6 k €
06/03/1972
IncorporationPrivate limited company

HERBAVITA

Overview

Identity

Financials

Valuation

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

Timeline