ACTIVE

HANDI-MOVE

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Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

-26.0% YoY

Gross margin

5,3 M €

-5.9% YoY

Equity

13,9 M €

+10.2% YoY

Workforce

29,0 ETP

+5.8% YoY

What does HANDI-MOVE do?

HANDI-MOVE is a Public limited company incorporated in 1982. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Ninove. It employs on average 29,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.155.372

Incorporation

28/10/1982

Legal form

Public limited company

Registered office

Ten Beukeboom(App) 13
9400 Ninove · FlandreSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Average workforce

29,0 ETP

Activities (NACE)

32500Manufacture of medical and dental instruments and supplies· main 32500Manufacture of medical and dental instruments and supplies 33101Repair of fabricated metal products, machinery and equipment 46460Wholesale of pharmaceutical goods 46460Wholesale of pharmaceutical goods 51460Air transport+5

Joint committees (4)

111
14904
209
218

Signals

ProfitableSolid equityLow 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 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	5,3 M €	-5.9%	5,6 M €	+25.0%	4,5 M €	-4.2%	4,7 M €	+6.6%	4,4 M €	+1.4%	4,3 M €	-8.4%	4,7 M €	+7.1%	4,4 M €	-1.0%	4,4 M €	-1.0%	4,5 M €	+14.4%	3,9 M €	+3.1%	3,8 M €	+22.7%	3,1 M €	+10.6%	2,8 M €	+6.9%	2,6 M €	-4.5%	2,7 M €	+9.0%	2,5 M €	+14.3%	2,2 M €	+10.2%	2,0 M €	+2.1%	2,0 M €
EBITDA	3,0 M €	-13.7%	3,4 M €	+46.1%	2,4 M €	-6.1%	2,5 M €	+10.8%	2,3 M €	-6.4%	2,4 M €	-10.8%	2,7 M €	+2.5%	2,7 M €	-2.2%	2,7 M €	-5.6%	2,9 M €	+25.1%	2,3 M €	+7.3%	2,1 M €	+55.6%	1,4 M €	+30.7%	1,1 M €	-7.9%	1,1 M €	+1.2%	1,1 M €	+11.3%	1,0 M €	+9.2%	929,6 k €	+18.0%	788,1 k €	-3.4%	815,4 k €
Operating result	2,7 M €	-19.6%	3,3 M €	+52.9%	2,2 M €	-3.4%	2,2 M €	+7.0%	2,1 M €	-7.5%	2,3 M €	-7.2%	2,4 M €	+6.7%	2,3 M €	+35.7%	1,7 M €	-33.3%	2,5 M €	+33.7%	1,9 M €	+10.1%	1,7 M €	+84.9%	926,0 k €	+40.1%	660,8 k €	-16.7%	793,7 k €	+0.6%	788,6 k €	+11.5%	707,1 k €	+13.4%	623,4 k €	+22.6%	508,5 k €	-2.3%	520,4 k €
Net result	1,9 M €	-26.0%	2,6 M €	+64.0%	1,6 M €	-11.5%	1,8 M €	+6.5%	1,6 M €	-2.2%	1,7 M €	-4.3%	1,8 M €	+5.4%	1,7 M €	+73.6%	963,2 k €	-43.2%	1,7 M €	+36.0%	1,2 M €	+3.3%	1,2 M €	+115%	560,1 k €	+41.9%	394,8 k €	-24.2%	520,8 k €	+7.5%	484,5 k €	+39.3%	347,7 k €	+73.6%	200,3 k €	+0.5%	199,3 k €	+29.9%	153,4 k €
Balance sheet
Equity	13,9 M €	+10.2%	12,7 M €	+10.8%	11,4 M €	+15.4%	9,9 M €	+13.5%	8,7 M €	+13.2%	7,7 M €	+1.5%	7,6 M €	+2.0%	7,4 M €	+2.7%	7,2 M €	+10.1%	6,6 M €	+27.4%	5,2 M €	+20.5%	4,3 M €	+32.3%	3,2 M €	+15.7%	2,8 M €	+10.9%	2,5 M €	+22.3%	2,1 M €	+28.2%	1,6 M €	+24.5%	1,3 M €	+15.0%	1,1 M €	+17.6%	956,6 k €
Total assets	16,2 M €	+5.7%	15,3 M €	+17.0%	13,1 M €	+8.1%	12,1 M €	+10.8%	10,9 M €	+9.3%	10,0 M €	-3.8%	10,4 M €	+13.4%	9,2 M €	+1.9%	9,0 M €	+6.6%	8,5 M €	+17.2%	7,2 M €	+7.7%	6,7 M €	+21.1%	5,5 M €	+0.2%	5,5 M €	+1.3%	5,5 M €	+2.5%	5,3 M €	+7.3%	5,0 M €	-2.6%	5,1 M €	+10.3%	4,6 M €	+7.4%	4,3 M €
Cash	6,5 M €	+69.2%	3,9 M €	-16.2%	4,6 M €	+31.4%	3,5 M €	-6.2%	3,7 M €	+28.3%	2,9 M €	-5.7%	3,1 M €	+25.6%	2,5 M €	-22.1%	3,2 M €	+8.5%	2,9 M €	+35.7%	2,1 M €	+29.3%	1,7 M €	+82.3%	911,7 k €	+133%	391,9 k €	-20.9%	495,1 k €	+31.5%	376,5 k €	+5.1%	358,3 k €	+8.2%	331,2 k €	+108%	158,9 k €	-49.2%	312,6 k €
Debts	2,2 M €	-15.5%	2,6 M €	+74.4%	1,5 M €	-29.4%	2,1 M €	-0.4%	2,1 M €	+2.3%	2,1 M €	-20.0%	2,6 M €	+71.2%	1,5 M €	-4.0%	1,6 M €	-7.6%	1,7 M €	-10.5%	1,9 M €	-17.4%	2,3 M €	+4.5%	2,2 M €	-16.4%	2,7 M €	-8.1%	2,9 M €	-6.8%	3,1 M €	-2.4%	3,2 M €	-12.6%	3,6 M €	+10.8%	3,3 M €	+5.9%	3,1 M €
Other
Workforce	29,0 ETP	+5.8%	27,4 ETP	-5.8%	29,1 ETP	-10.2%	32,4 ETP	-1.2%	32,8 ETP	+6.1%	30,9 ETP	+2.7%	30,1 ETP	+5.2%	28,6 ETP	+0.7%	28,4 ETP	+5.2%	27,0 ETP	-2.2%	27,6 ETP	+0.7%	27,4 ETP	-5.2%	28,9 ETP	-5.9%	30,7 ETP	-1.3%	31,1 ETP	+3.0%	30,2 ETP	+0.7%	30,0 ETP	+9.9%	27,3 ETP	-1.4%	27,7 ETP	+2.6%	27,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Active

René Van Raemdonck

Director · since 29 janvier 2021 · until 29 janvier 2027

Active

Stefan Van Raemdonck

Managing director · since 29 janvier 2021 · until 29 janvier 2027 · 0460.654.879

Represented by Stefan Van Raemdonck

Active

Ended mandates

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Ended

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Ended

Stefan Van Raemdonck

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0460.654.879

Represented by Stefan Van Raemdonck

Ended

René Van Raemdonck

Director · since 07 septembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
DORSOO INTERNATIONAL● Active	0475.165.683
Dorsoo Vastgoed● Active	1016.680.160

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	17/07/2026	18/07/2025	18/07/2024	20/07/2023	20/07/2022	31/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	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
Abridged model	31/12/2025	30/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/06/2018	20/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	20/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	14/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	30/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 23 ended

Active mandates

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Active

René Van Raemdonck

Director · since 29 janvier 2021 · until 29 janvier 2027

Active

Stefan Van Raemdonck

Managing director · since 29 janvier 2021 · until 29 janvier 2027 · 0460.654.879

Represented by Stefan Van Raemdonck

Active

Ended mandates

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Ended

QM Solutions

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0807.125.122

Represented by Paul Van Raemdonck

Ended

Stefan Van Raemdonck

Director · since 29 janvier 2021 · until 29 janvier 2027 · 0460.654.879

Represented by Stefan Van Raemdonck

Ended

René Van Raemdonck

Director · since 07 septembre 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other28/01/2009
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other18/09/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other30/07/2008
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20251,9 M €↓
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 20231,6 M €↓
2022
Annual accounts 20221,8 M €↑
2021
Annual accounts 20211,6 M €↓
2020
Annual accounts 20201,7 M €↓
2019
Annual accounts 20191,8 M €↑
2018
Annual accounts 20181,7 M €↑
2017
Annual accounts 2017963,2 k €↓
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013560,1 k €↑
2012
Annual accounts 2012394,8 k €↓
2011
Annual accounts 2011520,8 k €↑
2010
Annual accounts 2010484,5 k €↑
2009
Annual accounts 2009347,7 k €↑
2008
Annual accounts 2008200,3 k €↑
2007
Annual accounts 2007199,3 k €↑
2006
Annual accounts 2006153,4 k €
28/10/1982
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

HANDI-MOVE

Overview

What does HANDI-MOVE do?

Trend over 20 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