ACTIVE

HEYLEN - GEERTS

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Financial year 2025 · Closed on 31/10/2025

Net result144,7 k €-88,5 %over 1 year
Gross margin3,8 M €-53,5 %over 1 year
Equity10 M €+1,5 %over 1 year
Workforce25,6 ETP-3,0 %over 1 year

Identity

Source · BCE/KBO

HEYLEN - GEERTS is a Public limited company incorporated in 1984. Its main activity is: Shaping and processing of flat glass. Its registered office is in Herentals. It employs on average 25,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.720.123
Incorporation
28/12/1984
Legal form
Public limited company
Registered office
Toekomstlaan(HRT) 40
2200 Herentals · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/10/2025
Average workforce
25,6 ETP
Joint committees (4)
  • 115
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202220212020
Income statement
Gross margin3,8 M €8,2 M €5,4 M €5,3 M €4,6 M €
EBITDA2,1 M €5 M €3,6 M €3,5 M €3,1 M €
Operating result310,9 k €1,9 M €1,2 M €1,2 M €375,4 k €
Net result144,7 k €1,3 M €812,6 k €879,4 k €203,4 k €
Balance sheet
Equity10 M €9,8 M €8,6 M €7,9 M €7,2 M €
Total assets14,3 M €14,3 M €13 M €10,6 M €11,6 M €
Cash987,6 k €621 k €5,9 M €1,9 M €1,4 M €
Debts4,3 M €4,4 M €4,4 M €2,7 M €4,4 M €
Other
Workforce25,6 ETP26,4 ETP29,8 ETP29,1 ETP29,1 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 31/10/2025

3 active · 10 ended

Active mandates

Diny Vermeulen

Director · since 02 mai 2023 · until 02 avril 2029

Active
Koen Vermeulen

Director · since 02 mai 2023 · until 02 avril 2029

Active
MV-C

Managing director · since 02 mai 2023 · until 02 avril 2029 · 0800.070.153

Represented by Marc Vermeulen

Active

Ended mandates

MV-C

Managing director · since 02 mai 2023 · until 07 mai 2029 · 0800.070.153

Represented by Marc Vermeulen

Ended
Diny Vermeulen

Director · since 02 mai 2017 · until 02 mai 2023

Ended
Koen Vermeulen

Director · since 02 mai 2017 · until 02 mai 2023

Ended
Marc Vermeulen

Managing director · since 02 mai 2017 · until 02 mai 2023

Ended

Other companies at this address

Toekomstlaan(HRT) 40 2200 Herentals
CompanyCBE no.
IMMOGLAS● Active
0435.854.652

Full financial information

Source · NBB
202520242022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/11/202431/12/202231/12/202131/12/202031/12/201931/12/2018
Closing of the financial year31/10/202531/10/202430/12/202230/12/202130/12/202030/12/2019
Length of the financial year12 months23 months13 months13 months13 months13 months
Filing date15/04/202630/04/202531/05/202320/05/202212/05/202118/05/2020
General meeting07/04/202607/04/202502/05/202302/05/202203/05/202104/05/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/10/202507/04/202615/04/2026DutchPDF
Abridged modelCorrection31/10/202407/04/202530/04/2025DutchPDF
Abridged model31/10/202407/04/202510/04/2025DutchPDF
Abridged model30/12/202202/05/202331/05/2023DutchPDF
Abridged model30/12/202102/05/202220/05/2022DutchPDF
Abridged model30/12/202003/05/202112/05/2021DutchPDF
Abridged model30/12/201904/05/202018/05/2020DutchPDF
Abridged model30/12/201806/05/201914/05/2019DutchPDF
Abridged model30/12/201707/05/201808/05/2018DutchPDF
Abridged model30/12/201602/05/201731/05/2017DutchPDF
Abridged model30/12/201502/05/201613/05/2016DutchPDF
Abridged model30/12/201404/05/201526/05/2015DutchPDF
Abridged model30/12/201305/05/201423/05/2014DutchPDF
Abridged model30/12/201206/05/201317/05/2013DutchPDF
Abridged model31/12/201002/05/201113/05/2011DutchPDF
Abridged model31/12/200903/05/201011/05/2010DutchPDF
Abridged model31/12/200804/05/200904/05/2009DutchPDF
Abridged model31/12/200705/05/200806/05/2008DutchPDF
Abridged model31/12/200607/05/200714/05/2007DutchPDF

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 31/10/2025

3 active · 10 ended

Active mandates

Diny Vermeulen

Director · since 02 mai 2023 · until 02 avril 2029

Active
Koen Vermeulen

Director · since 02 mai 2023 · until 02 avril 2029

Active
MV-C

Managing director · since 02 mai 2023 · until 02 avril 2029 · 0800.070.153

Represented by Marc Vermeulen

Active

Ended mandates

MV-C

Managing director · since 02 mai 2023 · until 07 mai 2029 · 0800.070.153

Represented by Marc Vermeulen

Ended
Diny Vermeulen

Director · since 02 mai 2017 · until 02 mai 2023

Ended
Koen Vermeulen

Director · since 02 mai 2017 · until 02 mai 2023

Ended
Marc Vermeulen

Managing director · since 02 mai 2017 · until 02 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other20/11/2023
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates10/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/09/2013
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other14/11/2011
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates12/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2005
    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. 2025
    Annual accounts 2025144,7 k €↓
  2. 2024
    Annual accounts 20241,3 M €↑
  3. 2022
    Annual accounts 2022812,6 k €↓
  4. 2021
    Annual accounts 2021879,4 k €↑
  5. 2020
    Annual accounts 2020203,4 k €↓
  6. 2019
    Annual accounts 2019668,4 k €↓
  7. 2018
    Annual accounts 2018773,6 k €↑
  8. 2017
    Annual accounts 2017490,5 k €↑
  9. 2015
    Annual accounts 2015385,7 k €↓
  10. 2014
    Annual accounts 2014590,1 k €↑
  11. 2013
    Annual accounts 2013288,5 k €↓
  12. 2012
    Annual accounts 2012627,4 k €↑
  13. 2010
    Annual accounts 201059,6 k €↑
  14. 2009
    Annual accounts 200958,9 k €↓
  15. 2008
    Annual accounts 200873,5 k €↑
  16. 2007
    Annual accounts 200764,2 k €↓
  17. 2006
    Annual accounts 200689,7 k €
  18. 28/12/1984
    IncorporationPublic limited company