ACTIVE

Bouwonderneming Haex

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Financial year 2025 · closed on 31/12/2025

Net result

2 M €

+36.5% YoY

Revenue

77,5 M €

+5.8% YoY

Equity

8,9 M €

+23.7% YoY

Workforce

80,3 ETP

+14.7% YoY

What does Bouwonderneming Haex do?

Bouwonderneming Haex is a Public limited company incorporated in 1975. Its main activity is: Construction of buildings. Its registered office is in Oudsbergen. It employs on average 80,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0414.977.777

Incorporation

17/03/1975

Legal form

Public limited company

Registered office

Klein-Heidestraat 25
3670 Oudsbergen · FlandreSee on map

Contributed capital

450 000,00 €

Latest accounts

31/12/2025

Average workforce

80,3 ETP

Activities (NACE)

41001Construction of buildings· main 41003Construction of buildings 41201Construction of residential and non-residential buildings 41203Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 45213Maintenance and repair of motor vehicles+3

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	77,5 M €	+5.8%	73,2 M €	+26.7%	57,8 M €	+13.0%	51,1 M €	+10.5%	46,3 M €	+15.1%	40,2 M €	+3.1%	39 M €	+22.7%	31,8 M €	+18.9%	26,7 M €	+20.7%	22,2 M €	+29.0%	17,2 M €		–		–		–		–		–		–
EBITDA	4,2 M €	+45.6%	2,9 M €	+58.9%	1,8 M €	-44.3%	3,3 M €	+9.7%	3 M €	+212%	962,1 k €	-3.9%	1 M €	-39.5%	1,7 M €	+294%	419,6 k €	-58.5%	1 M €	-6.6%	1,1 M €	+142%	447,5 k €	-6.1%	476,4 k €	+106%	231,8 k €	-12.6%	265,3 k €	-7.5%	286,8 k €	+47.1%	195 k €
Operating result	2,5 M €	+18.3%	2,1 M €	+64.5%	1,3 M €	-53.0%	2,7 M €	+33.7%	2 M €	+389%	409,8 k €	+13.7%	360,5 k €	-66.7%	1,1 M €	+516%	175,8 k €	-69.6%	577,3 k €	+4.4%	552,8 k €	+144%	226,4 k €	-17.3%	273,7 k €	+664%	35,8 k €	-60.5%	90,8 k €	-25.4%	121,6 k €	+149%	48,9 k €
Net result	2 M €	+36.5%	1,5 M €	+38.2%	1,1 M €	-47.3%	2 M €	+27.6%	1,6 M €	+505%	260,1 k €	+13.5%	229,2 k €	-68.1%	719,5 k €	+572%	107 k €	-77.5%	475,5 k €	+19.8%	396,8 k €	+190%	136,7 k €	-17.9%	166,5 k €	+274%	44,5 k €	-22.5%	57,4 k €	-26.8%	78,4 k €	+67.8%	46,7 k €
Balance sheet
Equity	8,9 M €	+23.7%	7,2 M €	+16.8%	6,1 M €	+11.7%	5,5 M €	+37.3%	4 M €	+61.1%	2,5 M €	+2.5%	2,4 M €	+1.2%	2,4 M €	+33.5%	1,8 M €	+4.0%	1,7 M €	+32.8%	1,3 M €	+38.5%	936,7 k €	+12.7%	831,1 k €	+19.4%	695,8 k €	+1.9%	682,6 k €	+5.6%	646,3 k €	+4.4%	619,1 k €
Total assets	27,2 M €	-18.9%	33,5 M €	+62.3%	20,6 M €	+32.4%	15,6 M €	+10.2%	14,1 M €	+9.4%	12,9 M €	+11.8%	11,6 M €	+4.1%	11,1 M €	+34.1%	8,3 M €	+18.5%	7 M €	+11.5%	6,3 M €	+53.7%	4,1 M €	+36.6%	3 M €	-5.7%	3,2 M €	-12.3%	3,6 M €	+55.2%	2,3 M €	+68.6%	1,4 M €
Cash	1,5 M €	-37.5%	2,4 M €	+188%	839,7 k €	-56.2%	1,9 M €	+31.4%	1,5 M €	-31.1%	2,1 M €	+99.8%	1,1 M €	+126%	469,7 k €	+24.6%	376,9 k €	+128%	165,1 k €	-77.7%	741,3 k €	+70.0%	436 k €	+218%	137 k €	+41.4%	96,8 k €	-76.7%	415,9 k €	+141%	172,6 k €	+312%	41,9 k €
Debts	17,9 M €	-30.8%	25,9 M €	+84.0%	14,1 M €	+46.4%	9,6 M €	+0.5%	9,6 M €	-7.7%	10,4 M €	+13.9%	9,1 M €	+5.0%	8,7 M €	+33.6%	6,5 M €	+23.7%	5,2 M €	+5.5%	5 M €	+58.2%	3,1 M €	+45.8%	2,2 M €	-12.8%	2,5 M €	-0.0%	2,5 M €	+47.3%	1,7 M €	+128%	737,4 k €
Other
Workforce	80,3 ETP	+14.7%	70,0 ETP	+2.8%	68,1 ETP	-0.1%	68,2 ETP	-7.0%	73,3 ETP	-1.3%	74,3 ETP	+1.1%	73,5 ETP	+14.1%	64,4 ETP	+0.6%	64,0 ETP	+6.0%	60,4 ETP	+26.9%	47,6 ETP	+21.4%	39,2 ETP	+11.7%	35,1 ETP	+2.6%	34,2 ETP	+20.4%	28,4 ETP	+5.6%	26,9 ETP	+22.8%	21,9 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 · 3 active · 21 ended

Active mandates

HADICO

Director · since 30 juin 2026 · until 30 juin 2031 · 1037.002.155

Represented by Wouter Schuer

Active

BLIC

Director · since 30 juin 2025 · until 30 juin 2031 · 0441.237.558

Represented by Leen Paul

Active

HIMO

Managing director · since 30 juin 2025 · until 30 juin 2031 · 0446.685.097

Represented by Haex Joeri

Active

Ended mandates

BLIC

Director · since 28 juin 2019 · until 20 mai 2025 · 0441.237.558

Represented by Leen PAUL

Ended

BLIC

Director · since 28 juin 2019 · until 30 juin 2025 · 0441.237.558

Represented by Leen PAUL

Ended

HIMO

Managing director · since 28 juin 2019 · until 20 mai 2025 · 0446.685.097

Represented by Haex JOERI

Ended

HIMO

Managing director · since 28 juin 2019 · until 30 juin 2025 · 0446.685.097

Represented by Haex JOERI

Ended

At this address

Other companies at this address

Company	CBE no.
Centrale Verwarming Van Herck● Active	0406.997.449
HADICO● Active	1037.002.155
HIMO● Active	0446.685.097
LIMCON INTERNATIONAL● Active	0479.893.543
THV Haex - Lamers● Active	0726.839.311
Tijdelijke Maatschap Tuin der Broeders● Active	1009.077.043
TM Klim-Op● Active	1042.570.549

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/07/2026	15/07/2025	02/07/2024	31/08/2023	26/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	29/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Full model	31/12/2019	08/09/2020	29/09/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	23/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	18/05/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	22/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	17/05/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	18/05/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	19/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	11/06/2007	Dutch	PDF

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 · 3 active · 21 ended

Active mandates

HADICO

Director · since 30 juin 2026 · until 30 juin 2031 · 1037.002.155

Represented by Wouter Schuer

Active

BLIC

Director · since 30 juin 2025 · until 30 juin 2031 · 0441.237.558

Represented by Leen Paul

Active

HIMO

Managing director · since 30 juin 2025 · until 30 juin 2031 · 0446.685.097

Represented by Haex Joeri

Active

Ended mandates

BLIC

Director · since 28 juin 2019 · until 20 mai 2025 · 0441.237.558

Represented by Leen PAUL

Ended

BLIC

Director · since 28 juin 2019 · until 30 juin 2025 · 0441.237.558

Represented by Leen PAUL

Ended

HIMO

Managing director · since 28 juin 2019 · until 20 mai 2025 · 0446.685.097

Represented by Haex JOERI

Ended

HIMO

Managing director · since 28 juin 2019 · until 30 juin 2025 · 0446.685.097

Represented by Haex JOERI

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates22/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/01/2016
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

2025
Annual accounts 20252 M €↑
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 20231,1 M €↓
2022
Annual accounts 20222 M €↑
2021
Annual accounts 20211,6 M €↑
2019
Annual accounts 2019260,1 k €↑
2018
Annual accounts 2018229,2 k €↓
2017
Annual accounts 2017719,5 k €↑
2016
Annual accounts 2016107 k €↓
2015
Annual accounts 2015475,5 k €↑
2014
Annual accounts 2014396,8 k €↑
2013
Annual accounts 2013136,7 k €↓
2012
Annual accounts 2012166,5 k €↑
2011
Annual accounts 201144,5 k €↓
2010
Annual accounts 201057,4 k €↓
2009
Annual accounts 200978,4 k €↑
2008
Annual accounts 200846,7 k €
17/03/1975
IncorporationPublic 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

Bouwonderneming Haex

Overview

What does Bouwonderneming Haex do?

Trend over 17 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