ACTIVE

M. HEYE

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Financial year 2025 · closed on 31/12/2025

Net result

-12,7 k €

-47.2% YoY

Gross margin

-151,6 €

-103.3% YoY

Equity

64,9 k €

-16.3% YoY

What does M. HEYE do?

M. HEYE is a Public limited company incorporated in 1988. Its main activity is: Construction of buildings. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.550.397

Incorporation

10/06/1988

Legal form

Public limited company

Registered office

Eeklostraat 167
9030 Gent · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

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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	-151,6 €	-103%	4,7 k €	-73.9%	17,8 k €	-33.0%	26,6 k €	+14.6%	23,2 k €	-40.1%	38,8 k €	-32.3%	57,2 k €	-27.8%	79,3 k €	+136%	33,6 k €	+66.0%	20,2 k €	-32.2%	29,8 k €	+31.6%	22,7 k €	-26.4%	30,8 k €	+36.1%	22,6 k €	+69.6%	13,3 k €	+19.8%	11,1 k €	+224%	3,4 k €	-78.2%	15,7 k €	-6.1%	16,8 k €	-15.6%	19,9 k €
EBITDA	-1,3 k €	-136%	3,7 k €	-78.3%	16,9 k €	-34.4%	25,7 k €	+15.7%	22,2 k €	-41.2%	37,8 k €	+9.1%	34,6 k €	+56.0%	22,2 k €	-31.8%	32,5 k €	+69.5%	19,2 k €	-31.1%	27,9 k €	+28.8%	21,6 k €	-26.1%	29,3 k €	+36.4%	21,4 k €	+97.0%	10,9 k €	+8.1%	10,1 k €	+738%	1,2 k €	-91.0%	13,3 k €	+72.8%	7,7 k €	-41.1%	13,1 k €
Operating result	-10,7 k €	-65.8%	-6,5 k €	-8.6%	-6 k €	-247%	4,1 k €	+622%	561,5 €	-96.6%	16,6 k €	+14.3%	14,5 k €	+23.0%	11,8 k €	-52.6%	24,9 k €	+244%	7,2 k €	-36.4%	11,4 k €	+111%	5,4 k €	+64.5%	3,3 k €	-67.9%	10,2 k €	+166%	3,8 k €	-52.8%	8,1 k €	+601%	-1,6 k €	-113%	12,1 k €	+436%	2,3 k €	-69.3%	7,4 k €
Net result	-12,7 k €	-47.2%	-8,6 k €	-6.4%	-8,1 k €	-1711%	502,2 €	+119%	-2,6 k €	-128%	9,4 k €	+7.9%	8,7 k €	+18.2%	7,4 k €	-51.2%	15,2 k €	+544%	2,4 k €	-30.9%	3,4 k €	+1353%	234,1 €	+217%	73,8 €	-98.8%	6,2 k €	+133%	2,7 k €	-66.7%	8 k €	+2940%	262 €	-97.9%	12,5 k €	+945%	1,2 k €	-80.8%	6,2 k €
Balance sheet
Equity	64,9 k €	-16.3%	77,6 k €	-10.0%	86,2 k €	-8.6%	94,3 k €	+0.5%	93,8 k €	-2.7%	96,4 k €	+10.8%	87 k €	+11.2%	78,2 k €	+10.4%	70,9 k €	+27.2%	55,7 k €	+4.4%	53,3 k €	+6.8%	49,9 k €	+0.5%	49,7 k €	+0.1%	49,6 k €	+14.2%	43,5 k €	+6.5%	40,8 k €	+24.2%	32,9 k €	+0.8%	32,6 k €	+62.5%	20,1 k €	+6.4%	18,9 k €
Total assets	117,8 k €	-13.9%	136,8 k €	-10.7%	153,2 k €	-13.9%	177,9 k €	-4.7%	186,8 k €	-11.7%	211,4 k €	-4.5%	221,5 k €	+20.7%	183,5 k €	+10.7%	165,7 k €	+8.1%	153,3 k €	-29.9%	218,8 k €	+27.1%	172,2 k €	+17.6%	146,4 k €	+39.7%	104,8 k €	+35.6%	77,2 k €	+17.2%	65,9 k €	-2.1%	67,3 k €	+42.0%	47,4 k €	+39.0%	34,1 k €	-34.9%	52,4 k €
Cash	47,1 k €	+11.6%	42,2 k €	-24.7%	56 k €	+4.2%	53,8 k €	+12.6%	47,8 k €	-7.6%	51,7 k €	+70.4%	30,3 k €	+12.4%	27 k €	-28.0%	37,5 k €	+46.9%	25,5 k €	-18.7%	31,4 k €	+38220%	81,9 €	-99.1%	8,7 k €	-64.5%	24,4 k €	+175%	8,9 k €	-5.8%	9,4 k €	+95.7%	4,8 k €	+2052%	223,8 €	-84.0%	1,4 k €	+349%	311 €
Debts	52,7 k €	-10.8%	59,1 k €	-11.6%	66,8 k €	-19.9%	83,4 k €	-10.1%	92,8 k €	-19.2%	114,8 k €	-14.5%	134,3 k €	+27.9%	105 k €	+11.0%	94,6 k €	-2.3%	96,8 k €	-40.5%	162,7 k €	+33.9%	121,5 k €	+26.1%	96,3 k €	+78.6%	53,9 k €	+59.7%	33,8 k €	+35.0%	25 k €	-27.3%	34,4 k €	+136%	14,6 k €	+6.4%	13,7 k €	-58.8%	33,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP	-90.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

MARC HEYE

Mandate

Active

Ended mandates

M. HEYE

Director · since 17 octobre 2011 · 0434.550.397

Ended

M. HEYE

Director · since 17 octobre 2011 · 0434.550.397

Ended

GINO HEYE

Director · until 17 octobre 2011

Ended

GINO HEYE

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	28/06/2026	31/07/2025	30/07/2024	30/06/2023	26/07/2022	20/07/2021
General meeting	25/06/2026	26/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021
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
Micro model	31/12/2025	25/06/2026	28/06/2026	Dutch	PDF
Micro model	31/12/2024	26/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	27/06/2024	30/07/2024	Dutch	PDF
Micro model	31/12/2022	29/06/2023	30/06/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	24/06/2021	20/07/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	29/07/2020	Dutch	PDF
Micro model	31/12/2018	13/06/2019	29/07/2019	Dutch	PDF
Micro model	31/12/2017	12/06/2018	30/07/2018	Dutch	PDF
Micro model	31/12/2016	29/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	03/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	31/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/07/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	30/07/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2025 · 1 active · 6 ended

Active mandates

MARC HEYE

Mandate

Active

Ended mandates

M. HEYE

Director · since 17 octobre 2011 · 0434.550.397

Ended

M. HEYE

Director · since 17 octobre 2011 · 0434.550.397

Ended

GINO HEYE

Director · until 17 octobre 2011

Ended

GINO HEYE

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/09/2023
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
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 2025-12,7 k €↓
2024
Annual accounts 2024-8,6 k €↓
2023
Annual accounts 2023-8,1 k €↓
2022
Annual accounts 2022502,2 €↑
2021
Annual accounts 2021-2,6 k €↓
2020
Annual accounts 20209,4 k €↑
2019
Annual accounts 20198,7 k €↑
2018
Annual accounts 20187,4 k €↓
2017
Annual accounts 201715,2 k €↑
2016
Annual accounts 20162,4 k €↓
2015
Annual accounts 20153,4 k €↑
2014
Annual accounts 2014234,1 €↑
2013
Annual accounts 201373,8 €↓
2012
Annual accounts 20126,2 k €↑
2011
Annual accounts 20112,7 k €↓
2010
Annual accounts 20108 k €↑
2009
Annual accounts 2009262 €↓
2008
Annual accounts 200812,5 k €↑
2007
Annual accounts 20071,2 k €↓
2006
Annual accounts 20066,2 k €
10/06/1988
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

M. HEYE

Overview

What does M. HEYE do?

Trend over 20 financial years

Indicative valuation

Board of directors

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