ACTIVE

ALHEEMBOUW

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Financial year 2025 · closed on 30/09/2025

Net result

9,5 M €

+12.8% YoY

Revenue

278,7 M €

+10.8% YoY

Equity

24,2 M €

+4.4% YoY

Workforce

183,8 ETP

+1.9% YoY

What does ALHEEMBOUW do?

ALHEEMBOUW is a Public limited company incorporated in 1986. Its registered office is in Staden. It employs on average 183,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.936.572

Incorporation

29/05/1986

Legal form

Public limited company

Registered office

Roeselarestraat(ONK) 205
8840 Staden · FlandreSee on map

Contributed capital

837 000,00 €

Latest accounts

30/09/2025

Average workforce

183,8 ETP

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	278,7 M €	+10.8%	251,5 M €	+8.9%	230,9 M €	+9.1%	211,7 M €	+34.2%	157,8 M €	+3.8%	152 M €	+23.4%	123,1 M €	-14.8%	144,5 M €	+11.9%	129,2 M €	+68.2%	76,8 M €	-2.0%	78,4 M €	+20.6%	65 M €	-13.7%	75,3 M €	+32.8%	56,7 M €
EBITDA	13,6 M €	+7.3%	12,7 M €	+42.6%	8,9 M €	+7.8%	8,3 M €	+15.0%	7,2 M €	+5.2%	6,8 M €	-36.6%	10,8 M €	+29.3%	8,3 M €	+71.5%	4,9 M €	+100%	2,4 M €	+39.5%	1,7 M €	-13.8%	2 M €	+6.1%	1,9 M €	+36.3%	1,4 M €
Operating result	12,5 M €	+5.4%	11,8 M €	+44.9%	8,2 M €	+12.5%	7,3 M €	+15.7%	6,3 M €	+2.1%	6,2 M €	-39.4%	10,2 M €	+23.9%	8,2 M €	+101%	4,1 M €	+154%	1,6 M €	+147%	646,9 k €	-43.6%	1,1 M €	+8.3%	1,1 M €	+180%	378,9 k €
Net result	9,5 M €	+12.8%	8,4 M €	+50.9%	5,6 M €	+22.5%	4,6 M €	+5.3%	4,3 M €	+37.0%	3,2 M €	-63.4%	8,7 M €	+3.0%	8,4 M €	+109%	4 M €	+360%	873,1 k €	+46.0%	598 k €	-76.0%	2,5 M €	+273%	668,8 k €	+160%	257,5 k €
Balance sheet
Equity	24,2 M €	+4.4%	23,2 M €	+4.7%	22,1 M €	+21.4%	18,2 M €	-7.3%	19,7 M €	+2.0%	19,3 M €	-0.2%	19,3 M €	+42.5%	13,6 M €	+11.5%	12,2 M €	+49.4%	8,1 M €	+12.0%	7,3 M €	+2.1%	7,1 M €	+45.2%	4,9 M €	+8.9%	4,5 M €
Total assets	121,3 M €	+9.7%	110,6 M €	+21.2%	91,3 M €	+22.4%	74,5 M €	+23.1%	60,6 M €	+10.8%	54,6 M €	+27.0%	43 M €	+18.5%	36,3 M €	-13.1%	41,8 M €	+58.5%	26,4 M €	-1.2%	26,7 M €	+16.3%	22,9 M €	+17.6%	19,5 M €	+18.7%	16,4 M €
Cash	5 M €	+43.8%	3,5 M €	-11.9%	4 M €	+75.2%	2,3 M €	-9.5%	2,5 M €	-57.5%	5,9 M €	+234%	1,8 M €	-36.7%	2,8 M €	-32.1%	4,1 M €	+45.3%	2,8 M €	-41.4%	4,8 M €	+50.8%	3,2 M €	+330%	743,2 k €	+325%	174,7 k €
Debts	97,1 M €	+11.0%	87,5 M €	+26.5%	69,1 M €	+23.4%	56 M €	+37.2%	40,8 M €	+15.4%	35,4 M €	+49.0%	23,7 M €	+4.3%	22,8 M €	-22.6%	29,4 M €	+63.5%	18 M €	-5.7%	19,1 M €	+23.2%	15,5 M €	+6.3%	14,6 M €	+23.3%	11,8 M €
Other
Workforce	183,8 ETP	+1.9%	180,3 ETP	+10.6%	163,0 ETP	+1.4%	160,7 ETP	+7.0%	150,2 ETP	+2.7%	146,3 ETP	-2.6%	150,2 ETP	-2.7%	154,4 ETP	+2.2%	151,1 ETP	+8.9%	138,7 ETP	+6.8%	129,9 ETP	+6.8%	121,6 ETP	-4.6%	127,5 ETP	-9.9%	141,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 17 ended

Active mandates

BEEHIVE

Director · since 21 décembre 2023 · 0728.450.994

Represented by Peter Temmerman

Active

Ended mandates

BEEHIVE

Director · since 19 avril 2023 · 0728.450.994

Represented by Temmerman PETER

Ended

Hoorne Nico

Director · since 19 avril 2023 · until 21 décembre 2023

Ended

2B Concrete

Managing director · since 01 juillet 2019 · until 01 mars 2025 · 0668.605.657

Represented by Peter Temmerman

Ended

2B Concrete

Managing director · since 01 juillet 2019 · 0668.605.657

Represented by Temmerman PETER

Ended

At this address

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Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/03/2026	31/03/2025	27/05/2024	04/04/2023	22/03/2022	18/03/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	07/03/2026	31/03/2026	Dutch	PDF
Full model	30/09/2024	01/03/2025	31/03/2025	Dutch	PDF
Full modelCorrection	30/09/2023	02/03/2024	27/05/2024	Dutch	PDF
Full model	30/09/2023	02/03/2024	26/03/2024	Dutch	PDF
Full model	30/09/2022	04/03/2023	04/04/2023	Dutch	PDF
Full model	30/09/2021	05/03/2022	22/03/2022	Dutch	PDF
Full model	30/09/2020	06/03/2021	18/03/2021	Dutch	PDF
Full model	30/09/2019	07/03/2020	18/03/2020	Dutch	PDF
Full model	30/09/2018	01/02/2019	14/02/2019	Dutch	PDF
Full model	30/09/2017	14/02/2018	16/02/2018	Dutch	PDF
Full model	30/09/2016	04/03/2017	29/03/2017	Dutch	PDF
Full model	30/09/2015	19/03/2016	06/04/2016	Dutch	PDF
Full model	30/09/2014	28/03/2015	02/04/2015	Dutch	PDF
Full model	30/09/2013	29/03/2014	10/04/2014	Dutch	PDF
Full model	30/09/2012	23/03/2013	02/04/2013	Dutch	PDF
Full model	30/09/2011	10/03/2012	24/04/2012	Dutch	PDF
Full model	30/09/2010	05/03/2011	30/03/2011	Dutch	PDF
Full model	30/09/2009	06/03/2010	30/03/2010	Dutch	PDF
Full modelCorrection	30/09/2008	14/03/2009	29/09/2009	Dutch	PDF
Full model	30/09/2008	14/03/2009	26/03/2009	Dutch	PDF
Full model	30/09/2007	15/03/2008	03/04/2008	Dutch	PDF
Full model	30/09/2006	24/03/2007	29/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 30/09/2025 · 1 active · 17 ended

Active mandates

BEEHIVE

Director · since 21 décembre 2023 · 0728.450.994

Represented by Peter Temmerman

Active

Ended mandates

BEEHIVE

Director · since 19 avril 2023 · 0728.450.994

Represented by Temmerman PETER

Ended

Hoorne Nico

Director · since 19 avril 2023 · until 21 décembre 2023

Ended

2B Concrete

Managing director · since 01 juillet 2019 · until 01 mars 2025 · 0668.605.657

Represented by Peter Temmerman

Ended

2B Concrete

Managing director · since 01 juillet 2019 · 0668.605.657

Represented by Temmerman PETER

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other27/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2022
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

2025
Annual accounts 20259,5 M €↑
01/03/2025
reconductionBDO Bedrijfsrevisoren BV — commissaris
2024
Annual accounts 20248,4 M €↑
15/01/2024
nominationBV BEELISE — dagelijks bestuurder
21/12/2023
nominationPieter Onraet — vast vertegenwoordiger van BV DEECON in het managementcomité
21/12/2023
nominationEgon Braem — vast vertegenwoordiger van BV B.EGON in het managementcomité
21/12/2023
nominationSam Vansteenbrugge — vast vertegenwoordiger van BV SAM VSB in het managementcomité
21/12/2023
nominationPieter Vandenberghe — vast vertegenwoordiger van BV EMPALO en BV VPI-BUILD in het managementcomité
2023
Annual accounts 20235,6 M €↑
19/04/2023
nominationBV Beehive — bestuurder
19/04/2023
nominationNico Hoorne — bestuurder
19/04/2023
nominationBV Beehive — gedelegeerd bestuurder
2022
Annual accounts 20224,6 M €↑
2020
Annual accounts 20204,3 M €↑
2019
Annual accounts 20193,2 M €↓
2018
Annual accounts 20188,7 M €↑
2017
Annual accounts 20178,4 M €↑
2016
Annual accounts 20164 M €↑
2015
Annual accounts 2015873,1 k €↑
2014
Annual accounts 2014598 k €↓
2013
Annual accounts 20132,5 M €↑
2012
Annual accounts 2012668,8 k €↑
2011
Annual accounts 2011257,5 k €
29/05/1986
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

ALHEEMBOUW

Overview

What does ALHEEMBOUW do?

Trend over 14 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