ACTIVE

VOETS

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Financial year 2025 · closed on 31/12/2025

Net result

97,8 k €

-0.3% YoY

Gross margin

141,4 k €

-0.8% YoY

Equity

186,5 k €

+4.3% YoY

Workforce

0,0 ETP

What does VOETS do?

VOETS is a Private limited company incorporated in 1978. Its main activity is: Manufacture of concrete products for construction purposes. Its registered office is in Bilzen-Hoeselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.960.618

Incorporation

20/12/1978

Legal form

Private limited company

Registered office

Industrielaan 100
3730 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

74 789,35 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

23610Manufacture of concrete products for construction purposes· main 23610Manufacture of concrete products for construction purposes 26610Manufacture of irradiation, electromedical and electrotherapeutic equipment

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	141,4 k €	-0.8%	142,5 k €	+47.8%	96,4 k €	+466%	-26,3 k €	-134%	77,5 k €	-20.1%	97 k €	-20.2%	121,6 k €	+51.2%	80,4 k €	+1.6%	79,2 k €	+31.2%	60,3 k €	-36.3%	94,7 k €	-12.1%	107,7 k €	+4.1%	103,4 k €	-20.2%	129,6 k €	+14.1%	113,6 k €	+23.9%	91,7 k €	-28.7%	128,5 k €	+569%	19,2 k €	-80.7%	99,5 k €	-8.7%	108,9 k €
EBITDA	138,8 k €	-0.8%	140 k €	+53.1%	91,5 k €	+337%	-38,7 k €	-224%	31,2 k €	-39.7%	51,8 k €	-28.7%	72,6 k €	+119%	33,1 k €	-12.8%	38 k €	-16.1%	45,3 k €	-11.4%	51,1 k €	-17.4%	61,9 k €	-5.4%	65,4 k €	-23.1%	85,1 k €	+21.7%	69,9 k €	+41.9%	49,3 k €	-61.8%	129,1 k €	+71.0%	75,5 k €	+186%	-88,1 k €	-221%	72,5 k €
Operating result	131,4 k €	-0.9%	132,5 k €	+69.4%	78,2 k €	+270%	-46,1 k €	-381%	16,4 k €	-54.8%	36,3 k €	-35.0%	55,8 k €	+275%	14,9 k €	-12.9%	17,1 k €	+324%	-7,6 k €	-647%	1,4 k €	-89.9%	13,7 k €	-20.4%	17,3 k €	-50.4%	34,8 k €	+176%	12,6 k €	+183%	-15,1 k €	-128%	54,8 k €	-39.7%	90,8 k €	+196%	-95 k €	-1034%	10,2 k €
Net result	97,8 k €	-0.3%	98,1 k €	+38.4%	70,9 k €	+251%	-47,1 k €	-540%	10,7 k €	-61.4%	27,7 k €	-48.1%	53,3 k €	+415%	10,4 k €	+63.2%	6,3 k €	+131%	-20,4 k €	-232%	-6,1 k €	-229%	4,8 k €	+163%	1,8 k €	-87.6%	14,6 k €	-85.8%	103,1 k €	+365%	-38,8 k €	-935%	-3,7 k €	+83.8%	-23,2 k €	+78.3%	-107 k €	-3204%	3,4 k €
Balance sheet
Equity	186,5 k €	+4.3%	178,8 k €	+18.6%	150,7 k €	+16.1%	129,8 k €	-26.6%	176,9 k €	+6.4%	166,2 k €	+20.0%	138,5 k €	+62.6%	85,2 k €	+13.8%	74,9 k €	+9.3%	68,5 k €	-22.9%	88,9 k €	-6.4%	95 k €	+5.3%	90,3 k €	+2.0%	88,4 k €	+19.8%	73,8 k €	+353%	-29,2 k €	-405%	9,6 k €	-28.1%	13,3 k €	+199%	-13,4 k €	-114%	93,6 k €
Total assets	313,6 k €	+15.1%	272,4 k €	+27.9%	212,9 k €	+17.7%	180,9 k €	-37.0%	287,1 k €	-1.8%	292,4 k €	-2.2%	298,9 k €	+8.0%	276,8 k €	-6.8%	297 k €	-10.8%	333,1 k €	-15.8%	395,8 k €	-10.0%	439,9 k €	-18.8%	541,9 k €	-5.1%	571,1 k €	-3.3%	590,3 k €	-0.2%	591,7 k €	-9.6%	654,8 k €	-9.9%	726,5 k €	+153%	287,7 k €	+5.5%	272,6 k €
Cash	2,8 k €	-39.3%	4,6 k €	-54.8%	10,3 k €		–		57 k €	+10.1%	51,7 k €	+40.6%	36,8 k €	+107%	17,8 k €	-15.4%	21,1 k €	-49.4%	41,6 k €	+63.9%	25,4 k €	-33.0%	37,9 k €	-37.3%	60,4 k €	-2.2%	61,7 k €	-10.6%	69,1 k €	+140%	28,7 k €	+61.6%	17,8 k €	-41.8%	30,5 k €	-67.7%	94,4 k €	-0.4%	94,8 k €
Debts	127,1 k €	+35.7%	93,7 k €	+50.4%	62,3 k €	+21.8%	51,1 k €	-53.6%	110,2 k €	-12.7%	126,2 k €	-21.3%	160,4 k €	-16.3%	191,6 k €	-13.8%	222,2 k €	-16.0%	264,6 k €	-13.8%	307 k €	-11.0%	344,9 k €	-23.6%	451,7 k €	-6.4%	482,6 k €	-6.6%	516,5 k €	-16.8%	620,9 k €	-3.8%	645,2 k €	-4.2%	673,1 k €	+345%	151,1 k €	-15.6%	179 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Michiel Cielen

Director

Active

Ended mandates

Els Voets

Director

Ended

Els Voets

Manager

Ended

J CIELEN MICHIEL JOSIE

Director

Ended

Nelly HUYGEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro 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	29/06/2026	23/07/2025	18/07/2024	27/07/2023	05/08/2022	30/08/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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
Abridged model	31/12/2025	29/05/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	18/07/2024	Dutch	PDF
Micro model	31/12/2022	26/05/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	05/08/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	20/08/2020	16/09/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	16/07/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	10/07/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	29/08/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	03/08/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	12/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 5 ended

Active mandates

Michiel Cielen

Director

Active

Ended mandates

Els Voets

Director

Ended

Els Voets

Manager

Ended

J CIELEN MICHIEL JOSIE

Director

Ended

Nelly HUYGEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/03/2011
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares31/12/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/07/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/09/2004
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 202597,8 k €↓
2024
Annual accounts 202498,1 k €↑
2023
Annual accounts 202370,9 k €↑
2022
Annual accounts 2022-47,1 k €↓
2021
Annual accounts 202110,7 k €↓
2020
Annual accounts 202027,7 k €↓
2019
Annual accounts 201953,3 k €↑
2018
Annual accounts 201810,4 k €↑
2017
Annual accounts 20176,3 k €↑
2016
Annual accounts 2016-20,4 k €↓
2015
Annual accounts 2015-6,1 k €↓
2014
Annual accounts 20144,8 k €↑
2013
Annual accounts 20131,8 k €↓
2012
Annual accounts 201214,6 k €↓
2011
Annual accounts 2011103,1 k €↑
2010
Annual accounts 2010-38,8 k €↓
2009
Annual accounts 2009-3,7 k €↑
2008
Annual accounts 2008-23,2 k €↑
2007
Annual accounts 2007-107 k €↓
2006
Annual accounts 20063,4 k €
20/12/1978
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

VOETS

Overview

What does VOETS do?

Trend over 20 financial years

Indicative valuation

Board of directors

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