ACTIVE

VERHOYE

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Financial year 2024 · closed on 31/12/2024
Net result
485,9 k €
-66.3% YoY
Gross margin
1,5 M €
-39.7% YoY
Equity
344,1 k €
+0.3% YoY
Workforce
12,9 ETP
-12.8% YoY

What does VERHOYE do?

VERHOYE is a Public limited company incorporated in 1982. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Tielt. It employs on average 12,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0422.457.665
Incorporation
01/03/1982
Legal form
Public limited company
Registered office
Elbestraat 12
8760 Tielt · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
12,9 ETP
Activities (NACE)
43230Electrical, plumbing and other construction installation activities· main43291Other construction installation43410Specialised construction activities43910Roofing activities45320Retail trade of motor vehicle parts and accessories41001Construction of buildings+5
Joint committees (3)
  • 111
  • 11101
  • 209
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202120132012201120102009200820072006
Income statement
Gross margin1,5 M €2,6 M €1,5 M €1,2 M €1,3 M €1,3 M €1,2 M €1,1 M €1,2 M €1,1 M €921,1 k €993,8 k €
EBITDA486,5 k €1,5 M €519,7 k €310 k €321,8 k €98,5 k €163,8 k €141,6 k €174,1 k €277,1 k €132,1 k €156,1 k €
Operating result479,7 k €1,5 M €473,7 k €175,5 k €241,3 k €6,1 k €32,7 k €2,6 k €7,6 k €74,3 k €-38 k €-8,5 k €
Net result485,9 k €1,4 M €505,2 k €162,7 k €234,2 k €825,6 €5,8 k €224,9 €84,6 €85,4 €31,2 k €5,5 k €
Balance sheet
Equity344,1 k €343,2 k €342,5 k €327,4 k €289,3 k €284,7 k €283,9 k €278,1 k €277,8 k €277,7 k €277,7 k €246,4 k €
Total assets2,6 M €3,2 M €2,2 M €1,6 M €1,9 M €1,5 M €1,8 M €1,7 M €1,8 M €1,6 M €1,9 M €1,8 M €
Cash1,6 M €1 M €254,7 k €289,8 k €56,4 k €349,6 k €418,2 k €392,9 k €512,1 k €222,8 k €232,8 k €250,9 k €
Debts2,1 M €2,7 M €1,8 M €1,2 M €1,6 M €1,1 M €1,4 M €1,3 M €1,5 M €1,2 M €1,5 M €1,5 M €
Other
Workforce12,9 ETP14,8 ETP15,0 ETP15,0 ETP22,5 ETP22,9 ETP23,4 ETP21,4 ETP22,1 ETP21,6 ETP18,8 ETP19,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 36 ended

Active mandates

LCPO

Director · since 03 juillet 2023 · 0653.789.502

Represented by Couckuyt LAURENS

Active

Ended mandates

EMMA

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0834.352.428

Represented by Brecht Verhoye

Ended
EMMA

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0834.352.428

Represented by Brecht Verhoye

Ended
Emma BV

Gedelegeerd bestuurder · since 27 avril 2019 · until 27 avril 2025

Represented by Brecht Verhoye

Ended
VEDEMAS

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0877.111.216

Represented by Herman Verhoye

Ended
At this address

Other companies at this address

CompanyCBE no.
ALLSIGNAL● Liquidation
0426.486.828
VACU-SERVICE● Active
0599.928.469
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202301/12/202201/12/202101/12/202001/12/201901/12/2018
Closing of the financial year31/12/202430/11/202330/11/202230/11/202130/11/202030/11/2019
Length of the financial year13 months12 months12 months12 months12 months12 months
Filing date23/07/202516/07/202419/07/202320/07/202214/07/202130/07/2020
General meeting08/07/202522/05/202424/06/202323/06/202229/06/202125/04/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/07/202523/07/2025DutchPDF
Abridged model30/11/202322/05/202416/07/2024DutchPDF
Abridged model30/11/202224/06/202319/07/2023DutchPDF
Abridged model30/11/202123/06/202220/07/2022DutchPDF
Abridged model30/11/202029/06/202114/07/2021DutchPDF
Abridged model30/11/201925/04/202030/07/2020DutchPDF
Abridged model30/11/201827/04/201928/06/2019DutchPDF
Abridged model30/11/201728/04/201828/06/2018DutchPDF
Abridged model30/11/201629/04/201730/05/2017DutchPDF
Abridged model30/11/201530/04/201604/05/2016DutchPDF
Abridged model30/11/201425/04/201529/06/2015DutchPDF
Abridged model30/11/201326/04/201430/06/2014DutchPDF
Abridged model30/11/201227/04/201308/07/2013DutchPDF
Abridged model30/11/201128/04/201230/04/2012DutchPDF
Abridged model30/11/201030/04/201125/05/2011DutchPDF
Abridged model30/11/200924/04/201003/05/2010DutchPDF
Abridged model30/11/200825/04/200904/06/2009DutchPDF
Abridged model30/11/200726/04/200820/05/2008DutchPDF
Abridged model30/11/200628/04/200725/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 36 ended

Active mandates

LCPO

Director · since 03 juillet 2023 · 0653.789.502

Represented by Couckuyt LAURENS

Active

Ended mandates

EMMA

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0834.352.428

Represented by Brecht Verhoye

Ended
EMMA

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0834.352.428

Represented by Brecht Verhoye

Ended
Emma BV

Gedelegeerd bestuurder · since 27 avril 2019 · until 27 avril 2025

Represented by Brecht Verhoye

Ended
VEDEMAS

Managing director · since 27 avril 2019 · until 27 avril 2025 · 0877.111.216

Represented by Herman Verhoye

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other13/07/2026
    —
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2013
    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

Timeline

  1. 2024
    Annual accounts 2024485,9 k €↓
  2. 2023
    Annual accounts 20231,4 M €↑
  3. 2022
    Annual accounts 2022505,2 k €↑
  4. 2021
    Annual accounts 2021162,7 k €↓
  5. 2013
    Annual accounts 2013234,2 k €↑
  6. 2012
    Annual accounts 2012825,6 €↓
  7. 2011
    Annual accounts 20115,8 k €↑
  8. 2010
    Annual accounts 2010224,9 €↑
  9. 2009
    Annual accounts 200984,6 €↓
  10. 2008
    Annual accounts 200885,4 €↓
  11. 2007
    Annual accounts 200731,2 k €↑
  12. 2006
    Annual accounts 20065,5 k €
  13. 01/03/1982
    IncorporationPublic limited company