ACTIVE

VANHOVE

Financial year 2025 · closed on 30/09/2025
Net result
-39,9 k €
-233.2% YoY
Gross margin
-1,5 k €
-101.8% YoY
Equity
227,3 k €
-14.9% YoY

What does VANHOVE do?

VANHOVE is a Public limited company incorporated in 1983. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Aalst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.234.142
Incorporation
22/11/1983
Legal form
Public limited company
Registered office
Capucienenlaan 89
9300 Aalst · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/09/2025
Joint committees (1)
  • 323
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-1,5 k €84,4 k €112,7 k €148,4 k €237,6 k €90 k €122,4 k €119,9 k €91,2 k €109,8 k €121,1 k €113,8 k €138,3 k €145,3 k €132,5 k €86,7 k €70,5 k €94,2 k €219,5 k €
EBITDA-18,9 k €59,5 k €91,3 k €128 k €190,2 k €24,6 k €89,5 k €79,1 k €61,6 k €-360,6 k €98,5 k €95 k €119,4 k €127,8 k €114,2 k €64,9 k €34 k €46,2 k €202,9 k €
Operating result-41,3 k €30,4 k €61,8 k €98 k €137,7 k €-16,5 k €48 k €37,5 k €14,5 k €27,8 k €62,1 k €54,5 k €-361,7 k €76,4 k €62,7 k €13,5 k €-24,1 k €-28,3 k €115,7 k €
Net result-39,9 k €29,9 k €58,3 k €77,9 k €-41,1 k €-27 k €42,7 k €55,8 k €15,2 k €24 k €53,8 k €40,3 k €-378,9 k €46,8 k €38,9 k €-486,7 €25,3 k €13,3 k €94,2 k €
Balance sheet
Equity227,3 k €267,2 k €267,2 k €258,9 k €181,1 k €222,2 k €249,2 k €206,5 k €150,7 k €135,5 k €111,5 k €57,7 k €17,3 k €396,2 k €385,4 k €382,5 k €413 k €417,7 k €404,3 k €
Total assets301,5 k €340,8 k €372,1 k €329,9 k €390,2 k €3 M €3 M €3 M €2,7 M €475,3 k €449,4 k €481,7 k €502,7 k €977,4 k €1 M €1,1 M €862 k €879,1 k €780,5 k €
Cash70,6 k €113,3 k €119,2 k €39 k €76,4 k €393 €6,7 k €8,7 k €17,6 k €190 €204 €1,5 k €3,7 k €
Debts71,6 k €70,8 k €93,9 k €63,7 k €201 k €2,7 M €2,7 M €2,7 M €2,5 M €297,8 k €260,5 k €345,3 k €401,9 k €502,7 k €541,6 k €583,6 k €352,6 k €355,6 k €228,7 k €
Other
Workforce0,5 ETP0,5 ETP0,5 ETP0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 5 active · 21 ended

Active mandates

Stéphanie Mathias

Director · since 28 février 2026 · until 22 mars 2029

Active
Charlotte Mathias

Director · since 20 novembre 2024 · until 22 mars 2029

Active
Akimallo

Director · since 28 juin 2023 · until 22 mars 2029 · 0802.768.931

Represented by Marc HOFMAN

Active
Kathleen De Pauw

Director · since 28 juin 2023 · until 22 mars 2029

Active
MDP HOLDING

Managing director · since 28 juin 2023 · until 22 mars 2029 · 0537.225.689

Represented by Mathias Jacques

Active

Ended mandates

Stéphanie Mathias

Director · since 20 novembre 2024 · until 22 mars 2029 · 0778.566.045

Represented by Stéphanie Lea Mathias

Ended
Charlotte Mathias

Director · since 04 novembre 2024

Ended
ELIAS WHEMAB

Managing director · since 22 décembre 2020 · 0429.362.976

Represented by ELIAS BART

Ended
STRACO

Managing director · since 22 décembre 2020 · 0424.894.741

Represented by GINO DE RAEDT

Ended
At this address

Other companies at this address

CompanyCBE no.
0715.536.138
Immo MDPActive
0445.112.412
MatimActive
0423.475.967
MDP HOLDINGActive
0537.225.689
TRAGELSPORTActive
0434.647.991
Annual accounts

Full financial information

202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/12/2019
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date29/04/202602/04/202526/04/202426/04/202320/05/202230/10/2020
General meeting31/03/202627/03/202528/03/202431/03/202324/03/202229/06/2020
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 model30/09/202531/03/202629/04/2026DutchPDF
Abridged model30/09/202427/03/202502/04/2025DutchPDF
Abridged model30/09/202328/03/202426/04/2024DutchPDF
Abridged model30/09/202231/03/202326/04/2023DutchPDF
Abridged model30/09/202124/03/202220/05/2022DutchPDF
Micro model31/12/201929/06/202030/10/2020DutchPDF
Micro model31/12/201828/06/201929/08/2019DutchPDF
Micro model31/12/201729/06/201831/08/2018DutchPDF
Micro model31/12/201630/06/201728/09/2017DutchPDF
Abridged model31/12/201502/05/201630/08/2016DutchPDF
Abridged model31/12/201404/05/201531/08/2015DutchPDF
Abridged model31/12/201305/05/201431/08/2014DutchPDF
Abridged model31/12/201202/05/201330/08/2013DutchPDF
Abridged model31/12/201102/05/201230/08/2012DutchPDF
Abridged model31/12/201002/05/201130/09/2011DutchPDF
Abridged model31/12/200903/05/201030/09/2010DutchPDF
Abridged model31/12/200802/05/200931/10/2009DutchPDF
Abridged model31/12/200702/05/200826/02/2009DutchPDF
Abridged model31/12/200630/04/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 30/09/2025 · 5 active · 21 ended

Active mandates

Stéphanie Mathias

Director · since 28 février 2026 · until 22 mars 2029

Active
Charlotte Mathias

Director · since 20 novembre 2024 · until 22 mars 2029

Active
Akimallo

Director · since 28 juin 2023 · until 22 mars 2029 · 0802.768.931

Represented by Marc HOFMAN

Active
Kathleen De Pauw

Director · since 28 juin 2023 · until 22 mars 2029

Active
MDP HOLDING

Managing director · since 28 juin 2023 · until 22 mars 2029 · 0537.225.689

Represented by Mathias Jacques

Active

Ended mandates

Stéphanie Mathias

Director · since 20 novembre 2024 · until 22 mars 2029 · 0778.566.045

Represented by Stéphanie Lea Mathias

Ended
Charlotte Mathias

Director · since 04 novembre 2024

Ended
ELIAS WHEMAB

Managing director · since 22 décembre 2020 · 0429.362.976

Represented by ELIAS BART

Ended
STRACO

Managing director · since 22 décembre 2020 · 0424.894.741

Represented by GINO DE RAEDT

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/12/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2022
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/01/2021
    MAATSCHAPPELIJKE ZETEL - 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. 2025
    Annual accounts 2025-39,9 k €
  2. 2024
    Annual accounts 202429,9 k €
  3. 2023
    Annual accounts 202358,3 k €
  4. 2022
    Annual accounts 202277,9 k €
  5. 2021
    Annual accounts 2021-41,1 k €
  6. 2019
    Annual accounts 2019-27 k €
  7. 2018
    Annual accounts 201842,7 k €
  8. 2017
    Annual accounts 201755,8 k €
  9. 2016
    Annual accounts 201615,2 k €
  10. 2015
    Annual accounts 201524 k €
  11. 2014
    Annual accounts 201453,8 k €
  12. 2013
    Annual accounts 201340,3 k €
  13. 2012
    Annual accounts 2012-378,9 k €
  14. 2011
    Annual accounts 201146,8 k €
  15. 2010
    Annual accounts 201038,9 k €
  16. 2009
    Annual accounts 2009-486,7 €
  17. 2008
    Annual accounts 200825,3 k €
  18. 2007
    Annual accounts 200713,3 k €
  19. 2006
    Annual accounts 200694,2 k €
  20. 22/11/1983
    IncorporationPublic limited company