ACTIVE

Vanhout Projects

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Financial year 2025 · Closed on 31/12/2025

Net result922,1 k €-13,5 %over 1 year

Revenue1,9 M €-67,5 %over 1 year

Equity8,2 M €+12,6 %over 1 year

Workforce10,9 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

Vanhout Projects is a Public limited company incorporated in 1983. Its main activity is: Construction of buildings. Its registered office is in Geel. It employs on average 10,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0425.561.665
Incorporation: 22/10/1983
Legal form: Public limited company
Registered office: Lammerdries 12
2440 Geel · FlandreSee on map
Contributed capital: 2 507 800,71 €
Latest accounts: 31/12/2025
Average workforce: 10,9 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41101Development of building projects 41102Development of building projects 68121Buying and selling of own real estate+1

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,9 M €	-67.5%	5,9 M €	-20.9%	7,5 M €	+23.4%	6,1 M €	+119%	2,8 M €
EBITDA	1,8 M €	-8.8%	1,9 M €	+22.7%	1,6 M €	+18.2%	1,3 M €	-19.0%	1,6 M €
Operating result	1,7 M €	-8.7%	1,9 M €	+24.3%	1,5 M €	+18.8%	1,3 M €	-19.8%	1,6 M €
Net result	922,1 k €	-13.5%	1,1 M €	+32.5%	804,6 k €	-42.2%	1,4 M €	+2.7%	1,4 M €
Balance sheet
Equity	8,2 M €	+12.6%	7,3 M €	+17.0%	6,3 M €	-26.0%	8,5 M €	+19.7%	7,1 M €
Total assets	26,2 M €	-37.5%	41,9 M €	+16.6%	35,9 M €	+15.6%	31,1 M €	-21.0%	39,4 M €
Cash	4,4 M €	+39.1%	3,2 M €	+35.5%	2,3 M €	-2.2%	2,4 M €	-21.4%	3 M €
Debts	17,4 M €	-49.7%	34,5 M €	+17.6%	29,4 M €	+30.0%	22,6 M €	-29.9%	32,2 M €
Other
Workforce	10,9 ETP	+0.9%	10,8 ETP	+4.9%	10,3 ETP	-11.2%	11,6 ETP	-17.7%	14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JURECO0863.789.354Represented by Ronny Eijckmans	Director01/06/2006 → 04/06/2026
Manibel0810.802.016Represented by Bert Lenaerts	Director06/06/2011 → 04/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SCHEEMA0536.374.069Represented by Joeri Schellens	Director05/06/2014 → 2014 accounts
F.Mir0863.825.976Represented by Frans Michielsen	Director07/06/2012 → 2014 accounts

Other companies at this address

Lammerdries 12 2440 Geel

Company	CBE no.
Bergesteyn● Active	0713.785.485
Bloemmolens● Active	1039.917.105
Carlyco● Active	0442.233.391
CIRCL● Active	0690.765.308
Colabora● Active	0553.901.177
ComTIS Energy● Active	0716.694.891
ComTIS Installations● Active	0812.180.010
ComTIS Services● Active	0887.616.415
HBS● Active	0443.480.337
Isopearls 2.0● Active	1003.818.653
JV Vanhout-Equans● Active	1007.854.744
J&W WOONPROJECTEN● Active	0788.563.874
Korabo● Active	0646.837.768
Maatschap MWHW● Active	0803.297.679
MAATSCHAP VANHOUT - VANHOUT BILZEN● Active	0734.666.023
Masterplan Edegem● Active	0828.590.034
Molenweidehoek● Active	0666.522.731
NAC Herent● Active	0817.254.791
Rosmolen● Active	0766.395.416
SPORT EN RECREATIE WESTERLO● Active	0533.800.502

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	02/07/2026	30/07/2025	05/09/2024	24/08/2023	25/11/2022	13/09/2021
General meeting	04/06/2026	05/06/2025	06/06/2024	01/06/2023	02/06/2022	03/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full modelCorrection	31/12/2025	04/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2025	04/06/2026	30/06/2026	Dutch	PDF
Full model	31/12/2024	05/06/2025	30/07/2025	Dutch	PDF
Full model	31/12/2023	06/06/2024	05/09/2024	Dutch	PDF
Full model	31/12/2022	01/06/2023	24/08/2023	Dutch	PDF
Full model	31/12/2021	02/06/2022	25/11/2022	Dutch	PDF
Full model	31/12/2020	03/06/2021	13/09/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	31/08/2020	Dutch	PDF
Full model	31/12/2018	06/06/2019	05/07/2019	Dutch	PDF
Full model	31/12/2017	07/06/2018	11/07/2018	Dutch	PDF
Full model	31/12/2016	01/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	02/06/2016	23/06/2016	Dutch	PDF
Full model	31/12/2014	04/06/2015	07/07/2015	Dutch	PDF
Full model	31/12/2013	05/06/2014	04/07/2014	Dutch	PDF
Full model	31/12/2012	06/06/2013	17/06/2013	Dutch	PDF
Full model	31/12/2011	07/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	03/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	04/06/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	05/06/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	07/06/2007	19/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
JURECO0863.789.354Represented by Ronny Eijckmans	Director01/06/2006 → 04/06/2026
Manibel0810.802.016Represented by Bert Lenaerts	Director06/06/2011 → 04/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SCHEEMA0536.374.069Represented by Joeri Schellens	Director05/06/2014 → 2014 accounts
F.Mir0863.825.976Represented by Frans Michielsen	Director07/06/2012 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/09/2026
herbenoeming bestuurders + wijziging volmachten
PDF
Mandates11/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/12/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2018
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Manibel

JURECO

SCHEEMA

F.Mir

Kempen Management

LEMMA

ROB LENAERS

19831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Vanhout Projects

Lammerdries 12, 2440 Geel

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lammerdries 12, 2440 GeelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00239846

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Vanhout ProjectsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00239846

Events

2025
Annual accounts 2025922,1 k €↓
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023804,6 k €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 20211,4 M €↓
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 2019612,7 k €↑
2018
Annual accounts 2018-22,5 k €↓
2017
Annual accounts 2017457,9 k €↑
2016
Annual accounts 2016-38,8 k €↓
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 2014-75,5 k €↓
2013
Annual accounts 2013364,1 k €↑
2012
Annual accounts 201223,3 k €↓
2011
Annual accounts 201127,5 k €↑
2010
Annual accounts 2010-2,7 k €↓
2009
Annual accounts 200928,3 k €↑
2008
Annual accounts 20087 k €↑
2007
Annual accounts 20072,3 k €↓
2006
Annual accounts 200638,6 k €
22/10/1983
IncorporationPublic limited company

Vanhout Projects

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events