ACTIVE

VANHOUT BILZEN

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Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

-54.0% YoY

Revenue

4,2 M €

-70.7% YoY

Equity

4,9 M €

+37.1% YoY

Workforce

40,9 ETP

-18.4% YoY

What does VANHOUT BILZEN do?

VANHOUT BILZEN is a Public limited company incorporated in 1975. Its registered office is in Bilzen-Hoeselt. It employs on average 40,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.061.515

Incorporation

18/02/1975

Legal form

Public limited company

Registered office

Taunusweg 49
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

4 000 000,00 €

Latest accounts

31/12/2025

Average workforce

40,9 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2015		2013		2010		2009		2008		2007
Income statement
Revenue	4,2 M €	-70.7%	14,2 M €	-49.1%	27,9 M €	+35.1%	20,7 M €	+4.8%	19,7 M €	-72.5%	71,7 M €	+154%	28,2 M €	-54.9%	62,5 M €	-21.2%	79,3 M €	+4.8%	75,7 M €	+132%	32,6 M €	-50.6%	66,1 M €	+695%	8,3 M €	-90.4%	86,9 M €	+129%	38 M €
EBITDA	634,7 k €	-83.2%	3,8 M €	+261%	1 M €	+331%	-453,7 k €	-301%	-113,1 k €	-119%	602,9 k €	+144%	-1,4 M €	-2.1%	-1,3 M €	+88.3%	-11,4 M €	-8823%	-127,4 k €	-105%	2,4 M €	+463%	-668,8 k €	-301%	333,1 k €	+104%	-7,6 M €	-744%	1,2 M €
Operating result	1,2 M €	-53.8%	2,6 M €	+117%	1,2 M €	+316%	-556,1 k €	-178%	715,9 k €	-32.5%	1,1 M €	+141%	-2,6 M €	-103%	-1,3 M €	+89.5%	-12,3 M €	-2829%	449,8 k €	-68.1%	1,4 M €	+1528%	86,7 k €	-81.1%	458,1 k €	+108%	-5,6 M €	-65.1%	-3,4 M €
Net result	1,3 M €	-54.0%	2,9 M €	+132%	1,2 M €	+294%	-637,9 k €	-200%	635,1 k €	-31.8%	931,9 k €	+135%	-2,7 M €	-97.1%	-1,3 M €	+89.1%	-12,3 M €	-2020%	642,2 k €	-54.6%	1,4 M €	+1419%	93,1 k €	-78.5%	434,1 k €	+108%	-5,7 M €	-71.0%	-3,3 M €
Balance sheet
Equity	4,9 M €	+37.1%	3,6 M €	+413%	693,3 k €	+228%	-542,6 k €	-669%	95,3 k €	+118%	-539,8 k €	+35.1%	-831,7 k €	-132%	2,6 M €	+80.7%	1,4 M €	-82.9%	8,4 M €	+67.2%	5 M €	+98.1%	2,5 M €	+3.8%	2,4 M €	+187%	-2,8 M €	-197%	2,9 M €
Total assets	14,3 M €	-13.7%	16,6 M €	-28.7%	23,3 M €	+41.1%	16,5 M €	+12.2%	14,7 M €	-29.5%	20,9 M €	-17.8%	25,4 M €	-5.8%	27 M €	-38.4%	43,8 M €	-12.4%	50 M €	+57.2%	31,8 M €	+42.6%	22,3 M €	+10.3%	20,2 M €	+32.1%	15,3 M €	-31.2%	22,3 M €
Cash	1 M €	-84.0%	6,3 M €	+65.6%	3,8 M €	+12.2%	3,4 M €	+79.0%	1,9 M €	+11.0%	1,7 M €	-59.1%	4,2 M €	-8.0%	4,5 M €	-57.9%	10,7 M €	+30.8%	8,2 M €	-1.6%	8,3 M €	+121%	3,8 M €	+21.4%	3,1 M €	+73.8%	1,8 M €	-34.1%	2,7 M €
Debts	7,6 M €	-28.4%	10,7 M €	-49.0%	20,9 M €	+37.6%	15,2 M €	+20.0%	12,7 M €	-32.7%	18,8 M €	-17.5%	22,8 M €	+7.9%	21,1 M €	-45.7%	38,9 M €	-6.5%	41,6 M €	+55.4%	26,8 M €	+36.1%	19,7 M €	+11.2%	17,7 M €	-1.5%	18 M €	-6.4%	19,2 M €
Other
Workforce	40,9 ETP	-18.4%	50,1 ETP	-18.1%	61,2 ETP	-16.8%	73,6 ETP	-13.1%	84,7 ETP	-22.6%	109,5 ETP	-14.7%	128,4 ETP	-9.8%	142,4 ETP	-41.6%	243,9 ETP	-16.2%	291,1 ETP	+36.2%	213,8 ETP	+5.4%	202,8 ETP	-3.6%	210,3 ETP	-12.5%	240,3 ETP	-6.2%	256,2 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 · 42 ended

Active mandates

Manibel

Managing director · since 27 avril 2018 · until 02 juin 2026 · 0810.802.016

Represented by Bert Lenaerts

Active

Jean-François Pôlet

Director · since 25 avril 2017 · until 02 juin 2026

Active

JURECO

Managing director · since 25 avril 2017 · until 02 juin 2026 · 0863.789.354

Represented by Ronny Eijckmans

Active

Ended mandates

SCHEEMA

Director · since 16 juin 2020 · until 06 juin 2023 · 0536.374.069

Represented by Joeri Schellens

Ended

Manibel

Director · since 27 avril 2018 · until 01 juin 2021 · 0810.802.016

Represented by Bert Lenaerts

Ended

Manibel

Director · since 27 avril 2018 · until 06 juin 2023 · 0810.802.016

Represented by Bert Lenaerts

Ended

Manibel

Managing director · since 27 avril 2018 · until 06 juin 2023 · 0810.802.016

Represented by Bert Lenaerts

Ended

At this address

Other companies at this address

Company	CBE no.
THV REGINA MUNDI● Active	0635.869.048

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	30/06/2026	10/07/2025	05/09/2024	26/06/2023	05/07/2022	03/08/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021
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
Full model	31/12/2025	02/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	03/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	05/09/2024	Dutch	PDF
Full model	31/12/2022	06/06/2023	26/06/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	03/08/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	09/07/2020	Dutch	PDF
Full modelCorrection	31/12/2018	04/06/2019	28/10/2019	Dutch	PDF
Full model	31/12/2018	04/06/2019	02/07/2019	Dutch	PDF
Full model	31/12/2017	19/06/2018	09/07/2018	Dutch	PDF
Full model	31/12/2016	31/03/2017	21/04/2017	Dutch	PDF
Full model	31/12/2015	07/06/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	02/06/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	03/06/2014	12/06/2014	Dutch	PDF
Full model	31/12/2012	04/06/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	05/06/2012	28/06/2012	Dutch	PDF
Full model	31/12/2010	07/06/2011	23/06/2011	Dutch	PDF
Full model	31/12/2009	01/06/2010	16/06/2010	Dutch	PDF
Full model	31/12/2008	16/06/2009	08/07/2009	Dutch	PDF
Full model	31/12/2007	03/06/2008	24/06/2008	Dutch	PDF
Full model	31/12/2006	05/06/2007	03/07/2007	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 · 42 ended

Active mandates

Manibel

Managing director · since 27 avril 2018 · until 02 juin 2026 · 0810.802.016

Represented by Bert Lenaerts

Active

Jean-François Pôlet

Director · since 25 avril 2017 · until 02 juin 2026

Active

JURECO

Managing director · since 25 avril 2017 · until 02 juin 2026 · 0863.789.354

Represented by Ronny Eijckmans

Active

Ended mandates

SCHEEMA

Director · since 16 juin 2020 · until 06 juin 2023 · 0536.374.069

Represented by Joeri Schellens

Ended

Manibel

Director · since 27 avril 2018 · until 01 juin 2021 · 0810.802.016

Represented by Bert Lenaerts

Ended

Manibel

Director · since 27 avril 2018 · until 06 juin 2023 · 0810.802.016

Represented by Bert Lenaerts

Ended

Manibel

Managing director · since 27 avril 2018 · until 06 juin 2023 · 0810.802.016

Represented by Bert Lenaerts

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - 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 20251,3 M €↓
2024
Annual accounts 20242,9 M €↑
04/06/2024
nominationDeloitte Bedrijfsrevisoren bv — commissaris
2023
Annual accounts 20231,2 M €↑
06/06/2023
reconductionJ. Polet — bestuurder
06/06/2023
reconductionR. Eijckmans — bestuurder (vertegenwoordiger van Jureco bv)
06/06/2023
reconductionB. Lenaerts — bestuurder (vertegenwoordiger van Manibel bv)
06/06/2023
reconductionA. Nuttens — commissaris (vertegenwoordiger van Mazars Bedrijfsrevisoren)
2022
Annual accounts 2022-637,9 k €↓
2021
Annual accounts 2021635,1 k €↓
2020
Annual accounts 2020931,9 k €↑
2019
Annual accounts 2019-2,7 M €↓
2018
Annual accounts 2018-1,3 M €↑
2018
Name changeVANHOUT BILZEN
2017
Annual accounts 2017-12,3 M €↓
2017
Name changeBELEMCO
2015
Annual accounts 2015642,2 k €↓
2013
Annual accounts 20131,4 M €↑
2010
Annual accounts 201093,1 k €↓
2009
Annual accounts 2009434,1 k €↑
2008
Annual accounts 2008-5,7 M €↓
2007
Annual accounts 2007-3,3 M €
2007
Name changeHEIJMANS BOUW
18/02/1975
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

VANHOUT BILZEN

Overview

What does VANHOUT BILZEN do?

Trend over 15 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