ACTIVE

HEYVAERT

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Financial year 2025 · closed on 31/12/2025

Net result

553,7 €

-99.3% YoY

Gross margin

120,6 k €

-46.7% YoY

Equity

678,6 k €

+0.1% YoY

What does HEYVAERT do?

HEYVAERT is a Public limited company incorporated in 1988. Its registered office is in Puurs-Sint-Amands.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0435.447.648

Incorporation

04/10/1988

Legal form

Public limited company

Registered office

Veurtstraat 59
2870 Puurs-Sint-Amands · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	120,6 k €	-46.7%	226,2 k €	+9.3%	206,9 k €	+24.4%	166,4 k €	+10.4%	150,7 k €	-5.3%	159,2 k €	+13.4%	140,3 k €	+19.1%	117,8 k €	-6.0%	125,4 k €	+8.4%	115,7 k €	+25.1%	92,5 k €	-32.3%	136,7 k €	-33.2%	204,5 k €	+28.2%	159,6 k €	+36.3%	117,1 k €	-41.4%	199,7 k €	-23.3%	260,5 k €	+16.9%	222,8 k €	+36.9%	162,7 k €	+4.3%	156 k €
EBITDA	75,6 k €	-58.5%	182,1 k €	+13.6%	160,3 k €	+25.4%	127,8 k €	+12.9%	113,2 k €	+2.1%	110,9 k €	+13.3%	97,9 k €	+35.4%	72,3 k €	-12.8%	83 k €	+53.1%	54,2 k €	+9.1%	49,7 k €	-32.1%	73,2 k €	-44.5%	131,7 k €	+42.9%	92,2 k €	+7.1%	86,1 k €	-35.8%	134,1 k €	-22.3%	172,5 k €	+20.0%	143,7 k €	+33.9%	107,3 k €	+9.0%	98,5 k €
Operating result	4,7 k €	-96.0%	116,5 k €	+14.7%	101,5 k €	+25.5%	80,9 k €	+14.5%	70,7 k €	-11.4%	79,8 k €	+16.9%	68,2 k €	+35.6%	50,3 k €	-12.4%	57,5 k €	+129%	25,1 k €	+81.3%	13,9 k €	-60.3%	34,9 k €	-56.3%	79,9 k €	+103%	39,4 k €	+12.9%	34,9 k €	-43.2%	61,4 k €	-40.2%	102,7 k €	+36.8%	75,1 k €	+235%	22,4 k €	-62.4%	59,5 k €
Net result	553,7 €	-99.3%	83,2 k €	+15.0%	72,4 k €	+25.5%	57,7 k €	+11.4%	51,8 k €	-12.2%	59 k €	+17.4%	50,2 k €	+35.9%	37 k €	+0.3%	36,8 k €	+209%	11,9 k €	-2.7%	12,3 k €	-65.9%	36 k €	-40.5%	60,6 k €	+79.9%	33,7 k €	-6.0%	35,8 k €	-23.8%	47,1 k €	-39.7%	78,1 k €	+39.7%	55,9 k €	+135%	23,8 k €	-32.3%	35,2 k €
Balance sheet
Equity	678,6 k €	+0.1%	678,1 k €	+7.6%	630,2 k €	+13.0%	557,8 k €	+11.5%	500,2 k €	+11.5%	448,4 k €	+15.1%	389,5 k €	+14.8%	339,2 k €	-52.0%	707,3 k €	+5.5%	670,4 k €	+1.8%	658,5 k €	+1.9%	646,2 k €	+5.9%	610,2 k €	+2.6%	594,6 k €	+6.0%	560,9 k €	+6.8%	525,1 k €	+9.8%	478 k €	+19.5%	399,9 k €	+16.2%	344 k €	+7.4%	320,2 k €
Total assets	777,8 k €	-1.8%	792,3 k €	-1.7%	806,4 k €	+9.7%	735,2 k €	+11.5%	659,2 k €	+12.7%	585 k €	+6.8%	547,8 k €	+34.3%	407,9 k €	-46.6%	763,2 k €	+6.7%	715,6 k €	+1.0%	708,5 k €	+2.5%	691,4 k €	+10.3%	626,9 k €	+1.8%	616 k €	+0.9%	610,3 k €	+3.0%	592,6 k €	-2.2%	605,6 k €	+9.0%	555,7 k €	-6.8%	596,1 k €	+32.1%	451,1 k €
Cash	245,2 k €	+415%	47,6 k €	-18.4%	58,3 k €	-75.8%	240,7 k €	+12.0%	215 k €	-1.2%	217,7 k €	-14.8%	255,4 k €	+48.9%	171,5 k €	-66.8%	516,8 k €	+12.1%	460,9 k €	+19.9%	384,5 k €	+8.4%	354,7 k €	+55.3%	228,4 k €	-9.5%	252,4 k €	+41.3%	178,6 k €	-28.7%	250,5 k €	-4.6%	262,5 k €	+52.2%	172,5 k €	+52.5%	113,2 k €	-1.9%	115,4 k €
Debts	99,1 k €	-13.2%	114,2 k €	-34.8%	175,1 k €	-1.0%	176,8 k €	+12.4%	157,3 k €	+15.6%	136,1 k €	-13.8%	157,8 k €	+130%	68,6 k €	+22.7%	55,9 k €	+23.8%	45,2 k €	-9.6%	50 k €	+18.4%	42,2 k €	+153%	16,7 k €	-21.9%	21,4 k €	-56.6%	49,4 k €	-26.9%	67,5 k €	-46.3%	125,8 k €	-5.7%	133,4 k €	-42.4%	231,6 k €	+121%	104,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,1 ETP	-45.0%	2,0 ETP	-16.7%	2,4 ETP	+9.1%	2,2 ETP	+83.3%	1,2 ETP	+20.0%	1,0 ETP	-47.4%	1,9 ETP	+46.2%	1,3 ETP	+30.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Gunther Heyvaert

Managing director

Active

Ended mandates

Celestine Kerremans

Director

Ended

Frans Kerremans

Director

Ended

Gunther Heyvaert

Director

Ended

PEGGY HEYVAERT

Director · until 02 septembre 2024

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	05/06/2026	02/06/2025	11/06/2024	01/06/2023	29/06/2022	31/05/2021
General meeting	06/05/2026	07/05/2025	16/05/2024	03/05/2023	04/05/2022	05/05/2021
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	06/05/2026	05/06/2026	Dutch	PDF
Micro model	31/12/2024	07/05/2025	02/06/2025	Dutch	PDF
Micro model	31/12/2023	16/05/2024	11/06/2024	Dutch	PDF
Micro model	31/12/2022	03/05/2023	01/06/2023	Dutch	PDF
Micro model	31/12/2021	04/05/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	05/05/2021	31/05/2021	Dutch	PDF
Micro model	31/12/2019	06/05/2020	20/06/2020	Dutch	PDF
Micro model	31/12/2018	02/05/2019	02/07/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	11/07/2018	Dutch	PDF
Micro model	31/12/2016	03/05/2017	16/07/2017	Dutch	PDF
Abridged model	31/12/2015	04/05/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	06/05/2015	29/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/05/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/05/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/05/2012	18/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/07/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	27/07/2009	30/07/2009	Dutch	PDF
Abridged model	31/12/2007	01/09/2008	02/09/2008	Dutch	PDF
Abridged model	31/12/2006	31/07/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 5 ended

Active mandates

Gunther Heyvaert

Managing director

Active

Ended mandates

Celestine Kerremans

Director

Ended

Frans Kerremans

Director

Ended

Gunther Heyvaert

Director

Ended

PEGGY HEYVAERT

Director · until 02 septembre 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/09/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/06/2018
KAPITAAL - AANDELEN
PDF
Mandates31/01/2014
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2002
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 2025553,7 €↓
2024
Annual accounts 202483,2 k €↑
2024
Name changeHEYVAERT
2023
Annual accounts 202372,4 k €↑
2022
Annual accounts 202257,7 k €↑
2021
Annual accounts 202151,8 k €↓
2021
Name changeHEYVAERT ROGER
2020
Annual accounts 202059 k €↑
2019
Annual accounts 201950,2 k €↑
2018
Annual accounts 201837 k €↑
2017
Annual accounts 201736,8 k €↑
2016
Annual accounts 201611,9 k €↓
2015
Annual accounts 201512,3 k €↓
2014
Annual accounts 201436 k €↓
2013
Annual accounts 201360,6 k €↑
2012
Annual accounts 201233,7 k €↓
2011
Annual accounts 201135,8 k €↓
2010
Annual accounts 201047,1 k €↓
2009
Annual accounts 200978,1 k €↑
2008
Annual accounts 200855,9 k €↑
2007
Annual accounts 200723,8 k €↓
2006
Annual accounts 200635,2 k €
04/10/1988
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

HEYVAERT

Overview

What does HEYVAERT 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