ACTIVE

VAHELE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-31,2 k €

-108.1% YoY

Gross margin

42,6 k €

-61.8% YoY

Equity

1,8 M €

-1.7% YoY

Workforce

0,0 ETP

What does VAHELE do?

VAHELE is a Public limited company incorporated in 1989. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Kasterlee.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.250.552

Incorporation

08/09/1989

Legal form

Public limited company

Registered office

Baron Van der Grachtlaan 16
2460 Kasterlee · FlandreSee on map

Contributed capital

84 543,03 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 64200Activities of holding companies 64210Activities of holding companies

Joint committees (1)

32300

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	42,6 k €	-61.8%	111,7 k €	+25.5%	89 k €	-60.0%	222,2 k €	-52.4%	466,7 k €	+79.7%	259,7 k €	-42.3%	450,1 k €	-24.9%	599,3 k €	+904%	59,7 k €	+60.0%	37,3 k €	-26.9%	51,1 k €	-14.3%	59,6 k €	+37.6%	43,3 k €	-20.9%	54,7 k €	+0.5%	54,4 k €	+1.8%	53,5 k €	-6.7%	57,3 k €	+18.3%	48,4 k €
EBITDA	41,5 k €	-61.7%	108,3 k €	+27.9%	84,7 k €	-46.3%	157,6 k €	-59.4%	388,1 k €	+113%	181,8 k €	-58.4%	437,6 k €	-24.7%	581,2 k €	+1005%	52,6 k €	+67.8%	31,4 k €	-31.5%	45,8 k €	-15.7%	54,3 k €	+41.1%	38,5 k €	-23.1%	50,1 k €	+0.5%	49,8 k €	+1.5%	49,1 k €	-7.3%	52,9 k €	+21.0%	43,7 k €
Operating result	-28,9 k €	-158%	49,7 k €	+157%	19,3 k €	-80.0%	96,8 k €	-70.8%	331,7 k €	+92.6%	172,3 k €	-60.6%	437,1 k €	-24.1%	576,2 k €	+1221%	43,6 k €	+66.0%	26,3 k €	-5.7%	27,9 k €	-25.5%	37,4 k €	+74.3%	21,5 k €	-40.8%	36,3 k €	+0.7%	36 k €	+2.1%	35,3 k €	-9.5%	39 k €	+370%	-14,4 k €
Net result	-31,2 k €	-108%	386,3 k €	+161%	-633,1 k €	-6831%	9,4 k €	-90.5%	98,7 k €	-12.6%	112,9 k €	-58.1%	269,1 k €	-78.6%	1,3 M €	+6927%	17,9 k €	-21.1%	22,7 k €	-11.2%	25,5 k €	+48.0%	17,2 k €	+237%	5,1 k €	-79.5%	24,9 k €	+25.1%	19,9 k €	+212%	6,4 k €	-35.0%	9,8 k €	+139%	-25,3 k €
Balance sheet
Equity	1,8 M €	-1.7%	1,8 M €	+18.1%	1,5 M €	-63.0%	4,2 M €	+0.2%	4,2 M €	+9.0%	3,8 M €	+3.0%	3,7 M €	+7.8%	3,4 M €	+57.4%	2,2 M €	+508%	359,5 k €	+6.7%	336,8 k €	+4.5%	322,2 k €	+5.7%	305 k €	+1.7%	299,9 k €	+9.1%	274,9 k €	+7.8%	255 k €	+2.6%	248,6 k €	+4.1%	238,8 k €
Total assets	2,6 M €	-6.2%	2,8 M €	+7.3%	2,6 M €	-49.3%	5,1 M €	-9.1%	5,6 M €	+12.6%	5 M €	-0.9%	5 M €	-1.6%	5,1 M €	+7.8%	4,8 M €	+395%	959,8 k €	+26.4%	759 k €	-7.9%	823,8 k €	+2.3%	805,2 k €	+0.7%	799,9 k €	+2.9%	777,2 k €	+1.6%	765,1 k €	+1.2%	756,2 k €	+0.1%	755,6 k €
Cash	18,8 k €	-31.8%	27,6 k €	-84.3%	175,1 k €	+47.7%	118,5 k €	-35.1%	182,6 k €	+108%	87,6 k €	-63.8%	241,6 k €	+144%	99,2 k €	-67.9%	308,9 k €	+339%	70,3 k €	+28.6%	54,7 k €	-60.2%	137,4 k €	-5.4%	145,2 k €	-4.1%	151,5 k €	+31.4%	115,3 k €	+176%	41,8 k €	+109%	20 k €	-29.7%	28,4 k €
Debts	698,9 k €	-15.0%	822,6 k €	-0.6%	827,9 k €	+18.4%	699,2 k €	-42.0%	1,2 M €	+29.8%	929,4 k €	-14.7%	1,1 M €	-28.4%	1,5 M €	-40.6%	2,6 M €	+327%	600,3 k €	+42.2%	422,2 k €	-15.8%	501,5 k €	+0.3%	500,3 k €	+0.0%	500 k €	-0.0%	500,1 k €	+0.0%	500 k €	-1.5%	507,6 k €	+0.6%	504,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP	-100%	1,5 ETP	0.0%	1,5 ETP	+25.0%	1,2 ETP	+1100%	0,1 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 · 3 active · 20 ended

Active mandates

Anne Marie VAN HEUCKELOM

Director · since 04 décembre 2023

Active

Emile WUYTS

Managing director · since 04 décembre 2023

Active

Laura WUYTS

Managing director · since 04 décembre 2023

Active

Ended mandates

Anne Marie VAN HEUCKELOM

Director · since 23 juin 2021 · until 23 juin 2027

Ended

Anne Marie VAN HEUCKELOM

Director · since 23 juin 2021

Ended

Emile WUYTS

Director · since 23 juin 2021 · until 23 juin 2027

Ended

Emile WUYTS

Managing director · since 23 juin 2021 · until 23 juin 2027

Ended

At this address

Other companies at this address

Company	CBE no.
MONDRIAAN-KASTERLEE● Active	0707.670.329
WUVAH● Active	0794.229.961

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/07/2026	08/07/2025	26/06/2024	28/06/2023	18/08/2022	27/07/2021
General meeting	24/06/2026	25/06/2025	26/06/2024	28/06/2023	22/06/2022	23/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	09/07/2026	Dutch	PDF
Abridged model	31/12/2024	25/06/2025	08/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/06/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	22/06/2022	18/08/2022	Dutch	PDF
Abridged model	31/12/2020	23/06/2021	27/07/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	06/07/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	12/07/2019	Dutch	PDF
Abridged model	31/12/2017	27/06/2018	12/07/2018	Dutch	PDF
Abridged model	31/12/2016	28/06/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	22/06/2016	23/06/2016	Dutch	PDF
Abridged model	31/12/2014	24/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	22/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	23/06/2010	22/09/2010	Dutch	PDF
Abridged model	31/12/2008	24/06/2009	12/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/06/2008	13/08/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	16/07/2007	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 · 3 active · 20 ended

Active mandates

Anne Marie VAN HEUCKELOM

Director · since 04 décembre 2023

Active

Emile WUYTS

Managing director · since 04 décembre 2023

Active

Laura WUYTS

Managing director · since 04 décembre 2023

Active

Ended mandates

Anne Marie VAN HEUCKELOM

Director · since 23 juin 2021 · until 23 juin 2027

Ended

Anne Marie VAN HEUCKELOM

Director · since 23 juin 2021

Ended

Emile WUYTS

Director · since 23 juin 2021 · until 23 juin 2027

Ended

Emile WUYTS

Managing director · since 23 juin 2021 · until 23 juin 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/10/2015
BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates02/09/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/01/2011
MAATSCHAPPELIJKE ZETEL
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 2025-31,2 k €↓
2024
Annual accounts 2024386,3 k €↑
2023
Annual accounts 2023-633,1 k €↓
2022
Annual accounts 20229,4 k €↓
2021
Annual accounts 202198,7 k €↓
2018
Annual accounts 2018112,9 k €↓
2017
Annual accounts 2017269,1 k €↓
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 201517,9 k €↓
2014
Annual accounts 201422,7 k €↓
2013
Annual accounts 201325,5 k €↑
2012
Annual accounts 201217,2 k €↑
2011
Annual accounts 20115,1 k €↓
2010
Annual accounts 201024,9 k €↑
2009
Annual accounts 200919,9 k €↑
2008
Annual accounts 20086,4 k €↓
2007
Annual accounts 20079,8 k €↑
2006
Annual accounts 2006-25,3 k €
08/09/1989
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

VAHELE

Overview

What does VAHELE do?

Trend over 18 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