DE HULSTEN
0437.616.983 · rovalta.com · 09/11/2026
ACTIVE
DE HULSTEN
Financial year 2025 · Closed on 31/12/2025
Net result753,5 k €+328,9 %over 1 year
Gross margin1,1 M €+334,0 %over 1 year
Equity1,8 M €+72,2 %over 1 year
Overview
Identity
Source · BCE/KBODE HULSTEN is a Public limited company incorporated in 1989. Its registered office is in Wuustwezel.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0437.616.983
- Incorporation
- 31/05/1989
- Legal form
- Public limited company
- Registered office
- Flamingodreef 18
2990 Wuustwezel · FlandreSee on map - Contributed capital
- 480 913,44 €
- Latest accounts
- 31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Financials
Source · NBB, 20 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,1 M € | +334% | 248,9 k € | +2053% | 11,6 k € | +749% | 1,4 k € | +113% | -10,7 k € |
| EBITDA | 1,1 M € | +340% | 244,8 k € | +3357% | 7,1 k € | +407% | -2,3 k € | +83.4% | -13,9 k € |
| Operating result | 1,1 M € | +353% | 237,6 k € | +1933% | -13 k € | +41.9% | -22,3 k € | +34.0% | -33,8 k € |
| Net result | 753,5 k € | +329% | 175,7 k € | +1901% | -9,8 k € | +39.1% | -16 k € | +46.6% | -30 k € |
| Balance sheet | |||||||||
| Equity | 1,8 M € | +72.2% | 1 M € | +20.3% | 867,5 k € | -1.1% | 877,3 k € | -1.8% | 893,3 k € |
| Total assets | 1,8 M € | +69.6% | 1,1 M € | +13.4% | 935 k € | -1.5% | 949,7 k € | -11.9% | 1,1 M € |
| Cash | 60,8 k € | +666% | 7,9 k € | -62.6% | 21,2 k € | -2.9% | 21,8 k € | +29.1% | 16,9 k € |
| Debts | 1,4 k € | -88.5% | 12,4 k € | +18.6% | 10,4 k € | -18.9% | 12,9 k € | -89.5% | 122,2 k € |
Valuation
Indicative valuation
As an indication, this company is worth
between 5 M€ and 10 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20253 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Koen Verhoeven | Managing director07/05/2015 → 02/05/2031Director07/05/2015 → 2017 accountsended | ||
Dirk Verhoeven | Managing director23/03/2013 → 02/05/2031Director01/10/2008 → 2014 accountsended | ||
Reinhilde Verhoeven | Managing director23/03/2013 → 02/05/2031Director24/05/2007 → 2017 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Tom Verhoeven | Managing director23/03/2013 → 2015 accounts | ||
Katelijne Verhoeven | Director24/05/2007 → 2008 accounts |
Financials
Full financial information
Source · NBB| 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 | 13/04/2026 | 22/04/2025 | 13/05/2024 | 02/06/2023 | 13/06/2022 | 11/06/2021 |
| General meeting | 07/04/2026 | 01/04/2025 | 02/05/2024 | 04/05/2023 | 05/05/2022 | 06/05/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 07/04/2026 | 13/04/2026 | Dutch | |
| Micro model | 31/12/2024 | 01/04/2025 | 22/04/2025 | Dutch | |
| Micro model | 31/12/2023 | 02/05/2024 | 13/05/2024 | Dutch | |
| Micro model | 31/12/2022 | 04/05/2023 | 02/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 05/05/2022 | 13/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 06/05/2021 | 11/06/2021 | Dutch | |
| Micro model | 31/12/2019 | 07/05/2020 | 30/07/2020 | Dutch | |
| Micro model | 31/12/2018 | 02/05/2019 | 16/05/2019 | Dutch | |
| Micro model | 31/12/2017 | 03/05/2018 | 08/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 09/05/2017 | 27/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 14/03/2016 | 13/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 07/05/2015 | 12/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 01/05/2014 | 15/05/2014 | Dutch | |
| Abridged model | 31/12/2012 | 23/03/2013 | 05/04/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/06/2012 | 28/09/2012 | Dutch | |
| Abridged model | 31/12/2010 | 05/05/2011 | 02/12/2011 | Dutch | |
| Abridged model | 31/12/2009 | 27/05/2010 | 06/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 07/05/2009 | 29/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/05/2008 | 26/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 24/05/2007 | 25/07/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 5 M€ and 10 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20253 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Koen Verhoeven | Managing director07/05/2015 → 02/05/2031Director07/05/2015 → 2017 accountsended | ||
Dirk Verhoeven | Managing director23/03/2013 → 02/05/2031Director01/10/2008 → 2014 accountsended | ||
Reinhilde Verhoeven | Managing director23/03/2013 → 02/05/2031Director24/05/2007 → 2017 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Tom Verhoeven | Managing director23/03/2013 → 2015 accounts | ||
Katelijne Verhoeven | Director24/05/2007 → 2008 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates29/04/2025ONTSLAGEN - BENOEMINGEN
- Registered office02/10/2020MAATSCHAPPELIJKE ZETEL
- Mandates04/06/2019ONTSLAGEN - BENOEMINGEN
- Mandates22/06/2015Ontslag bestuurder en gedelegeerd bestuurder + benoeming bestuurder en
- Mandates17/04/2013HERBENOEMING BESTUURDERS EN GEDELEGEERD BESTUURDER
- Other05/01/2012STATUTENWIJZIGING - GOEDKEURING NIEUWE STATUTEN
- Mandates13/11/2008VERPLAATSING MAATSCHAPPELIJKE ZETEL - ONTSLAG EN BENOEMING
- Mandates08/08/2007HERBENOEMING BESTUURDERS EN GEDELEGEERD BESTUURDER
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
Koen VERHOEVEN
Dirk VERHOEVEN
Reinhilde VERHOEVEN
Tom Verhoeven
Katelijne Verhoeven
1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031
DE HULSTEN
Flamingodreef 18, 2990 Wuustwezel
Managing directorDirector
Managing directorDirector
Managing directorDirector
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Flamingodreef 18, 2990 WuustwezelCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00082007 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| DE HULSTENCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00082007 |
Events
- 2025Annual accounts 2025753,5 k €↑
- 2024Annual accounts 2024175,7 k €↑
- 2023Annual accounts 2023-9,8 k €↑
- 2022Annual accounts 2022-16 k €↑
- 2021Annual accounts 2021-30 k €↓
- 2018Annual accounts 2018-3,7 k €↓
- 2017Annual accounts 2017-3,2 k €↓
- 2016Annual accounts 2016153,7 k €↑
- 2015Annual accounts 2015-9,8 k €↓
- 2014Annual accounts 2014-9,5 k €↓
- 2013Annual accounts 2013-3,1 k €↑
- 2012Annual accounts 2012-7,6 k €↑
- 2011Annual accounts 2011-18,2 k €↑
- 2010Annual accounts 2010-18,9 k €↓
- 2009Annual accounts 2009-15,8 k €↑
- 2008Annual accounts 2008-16,5 k €↓
- 2007Annual accounts 2007-13 k €↓
- 2006Annual accounts 2006-6,5 k €
- 31/05/1989IncorporationPublic limited company