ACTIVE

Van Heyghen - Staal

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Financial year 2025 · Closed on 31/12/2025

Net result7,5 M €-21,9 %over 1 year
Revenue72,9 M €+15,7 %over 1 year
Equity101,3 M €+8,0 %over 1 year
Workforce47,7 ETP-2,5 %over 1 year

Identity

Source · BCE/KBO

Van Heyghen - Staal is a Public limited company incorporated in 1981. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Evergem. It employs on average 47,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.117.373
Incorporation
09/11/1981
Legal form
Public limited company
Registered office
Westbekesluis 4
9940 Evergem · FlandreSee on map
Contributed capital
3 650 000,00 €
Latest accounts
31/12/2025
Average workforce
47,7 ETP
Joint committees (4)
  • 14904
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue72,9 M €63 M €73 M €121,9 M €169 M €
EBITDA6,8 M €9,9 M €493,9 k €25,7 M €20,3 M €
Operating result6,2 M €9,3 M €7,3 M €14,4 M €17 M €
Net result7,5 M €9,6 M €7,5 M €10,9 M €13,5 M €
Balance sheet
Equity101,3 M €93,9 M €84,2 M €76,7 M €65,8 M €
Total assets118,2 M €113 M €102,2 M €106,7 M €100,5 M €
Cash5,2 M €2,5 M €10,4 M €12,6 M €30,7 M €
Debts8,2 M €11,4 M €10,2 M €14,8 M €30,5 M €
Other
Workforce47,7 ETP48,9 ETP48,1 ETP46,7 ETP50,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 33 ended

Active mandates

Kurt Lambrecht

Director

Active
VH ASSET MANAGEMENT

Managing director · 0480.025.482

Represented by Henri Van Heyghen

Active

Ended mandates

Kurt Lambrecht

Director · since 13 juillet 2022

Ended
VH ASSET MANAGEMENT

Managing director · since 13 juillet 2022 · until 05 mai 2028 · 0480.025.482

Represented by Van HEYGHEN HENRI

Ended
VH ASSET MANAGEMENT

Managing director · since 13 juillet 2022 · 0480.025.482

Represented by Henri Van Heyghen

Ended
VH ASSET MANAGEMENT

Managing director · since 03 mai 2019 · until 13 juillet 2022 · 0480.025.482

Represented by Henri Van Heyghen

Ended

Other companies at this address

Westbekesluis 4 9940 Evergem
CompanyCBE no.
VH ASSET MANAGEMENT● Active
0480.025.482

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/07/202602/07/202517/07/202431/08/202315/07/202202/08/2021
General meeting23/06/202606/06/202519/06/202418/08/202313/07/202215/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202617/07/2026DutchPDF
Full model31/12/202406/06/202502/07/2025DutchPDF
Full model31/12/202319/06/202417/07/2024DutchPDF
Full model31/12/202218/08/202331/08/2023DutchPDF
Full model31/12/202113/07/202215/07/2022DutchPDF
Full model31/12/202015/07/202102/08/2021DutchPDF
Full model31/12/201906/08/202017/08/2020DutchPDF
Full model31/12/201809/08/201913/08/2019DutchPDF
Full model31/12/201708/06/201811/06/2018DutchPDF
Full model31/12/201628/06/201728/06/2017DutchPDF
Full model31/12/201510/06/201605/07/2016DutchPDF
Full model31/12/201405/06/201525/06/2015DutchPDF
Full model31/12/201306/06/201418/06/2014DutchPDF
Full model31/12/201207/06/201326/06/2013DutchPDF
Full model31/12/201131/05/201204/06/2012DutchPDF
Full model31/12/201010/06/201114/06/2011DutchPDF
Full model31/12/200907/05/201004/06/2010DutchPDF
Full model31/12/200809/06/200925/06/2009DutchPDF
Full model31/12/200722/05/200830/06/2008DutchPDF
Full model31/12/200611/05/200725/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 31/12/2025

2 active · 33 ended

Active mandates

Kurt Lambrecht

Director

Active
VH ASSET MANAGEMENT

Managing director · 0480.025.482

Represented by Henri Van Heyghen

Active

Ended mandates

Kurt Lambrecht

Director · since 13 juillet 2022

Ended
VH ASSET MANAGEMENT

Managing director · since 13 juillet 2022 · until 05 mai 2028 · 0480.025.482

Represented by Van HEYGHEN HENRI

Ended
VH ASSET MANAGEMENT

Managing director · since 13 juillet 2022 · 0480.025.482

Represented by Henri Van Heyghen

Ended
VH ASSET MANAGEMENT

Managing director · since 03 mai 2019 · until 13 juillet 2022 · 0480.025.482

Represented by Henri Van Heyghen

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/08/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 06/06/2026
    reconductionVH Asset Management BV — gedelegeerd bestuurder en voorzitter van de raad van bestuur
  2. 2025
    Annual accounts 20257,5 M €↓
  3. 06/06/2025
    reconductionVH Asset Management BV — bestuurder
  4. 06/06/2025
    reconductionLambrecht Kurt — bestuurder
  5. 2024
    Annual accounts 20249,6 M €↑
  6. 2023
    Annual accounts 20237,5 M €↓
  7. 18/08/2023
    reconductionERNST & YOUNG BEDRIJFSREVISOREN BV — commissaris
  8. 2022
    Annual accounts 202210,9 M €↓
  9. 13/07/2022
    reconductionVH ASSET MANAGEMENT — bestuurder
  10. 13/07/2022
    reconductionLAMBRECHT Kurt Jozef Jules — bestuurder
  11. 13/07/2022
    nominationVH ASSET MANAGEMENT — voorzitter van de raad van bestuur
  12. 2021
    Annual accounts 202113,5 M €↑
  13. 2020
    Annual accounts 20204,1 M €↑
  14. 2019
    Annual accounts 20193,9 M €↓
  15. 2018
    Annual accounts 20183,9 M €↓
  16. 2017
    Annual accounts 201711,6 M €↑
  17. 2016
    Annual accounts 20166,9 M €↑
  18. 2015
    Annual accounts 20152,6 M €↑
  19. 2014
    Annual accounts 20141,1 M €↓
  20. 2013
    Annual accounts 20132,8 M €↑
  21. 2012
    Annual accounts 20122 M €↓
  22. 2011
    Annual accounts 20112,2 M €↑
  23. 2010
    Annual accounts 20101,7 M €↓
  24. 2009
    Annual accounts 20092,8 M €↑
  25. 2008
    Annual accounts 20081,3 M €↓
  26. 2007
    Annual accounts 20073,3 M €
  27. 09/11/1981
    IncorporationPublic limited company