ACTIVE

ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST

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Financial year 2025 · Closed on 31/12/2025

Net result2,2 M €+121,5 %over 1 year
Revenue26,1 M €-14,6 %over 1 year
Equity18,7 M €+13,4 %over 1 year
Workforce54,6 ETP-0,7 %over 1 year

Identity

Source · BCE/KBO

ALGEMENE BOUWONDERNEMING VLASSAK-VERHULST is a Public limited company incorporated in 1989. Its main activity is: Construction of buildings. Its registered office is in Schilde. It employs on average 54,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0439.229.955
Incorporation
04/12/1989
Legal form
Public limited company
Registered office
Moerstraat 53
2970 Schilde · FlandreSee on map
Contributed capital
8 390 000,00 €
Latest accounts
31/12/2025
Average workforce
54,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue26,1 M €30,5 M €42,8 M €29,1 M €22,8 M €
EBITDA3,1 M €1,6 M €3,1 M €2 M €1,5 M €
Operating result2,7 M €1,4 M €2,7 M €1,7 M €1,3 M €
Net result2,2 M €996,8 k €1,9 M €1,4 M €1,2 M €
Balance sheet
Equity18,7 M €16,5 M €15,5 M €13,6 M €12,2 M €
Total assets29,1 M €27,9 M €28,7 M €26,8 M €22,9 M €
Cash1,5 M €1,1 M €230,5 k €184,8 k €1,1 M €
Debts10,2 M €11,2 M €12,8 M €13 M €10,5 M €
Other
Workforce54,6 ETP55,0 ETP55,6 ETP55,7 ETP54,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 30 ended

Active mandates

Alexander Villaverde Zweegers

Director · since 03 novembre 2022 · until 05 juin 2028

Active
Johannes Teuns

Director · since 03 novembre 2022 · until 05 juin 2028

Active
M. VERHULST MANAGEMENT

Director · since 03 novembre 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Active
Paul Verhulst

Director · since 03 novembre 2022 · until 05 juin 2028

Active

Ended mandates

FLORQU- INVEST

Director · since 03 novembre 2022 · until 05 juin 2028 · 0899.718.055

Represented by François Florquin

Ended
M. VERHULST MANAGEMENT

Managing director · since 03 novembre 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Ended
M. VERHULST MANAGEMENT

Managing director · since 11 mars 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Ended
PAUL VERHULST BEHEER

Director · since 07 juin 2021 · until 31 mai 2022 · 0896.242.386

Represented by Paul Verhulst

Ended

Other companies at this address

Moerstraat 53 2970 Schilde
CompanyCBE no.
INTEGERA● Active
0649.778.848
Markgravelei 95● Active
0734.560.709
VLAVER - INVEST● Active
0445.265.434

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202626/06/202517/06/202429/06/202323/06/202228/06/2021
General meeting01/06/202602/06/202503/06/202412/06/202307/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202624/08/2026DutchPDF
Full model31/12/202402/06/202526/06/2025DutchPDF
Full model31/12/202303/06/202417/06/2024DutchPDF
Full model31/12/202212/06/202329/06/2023DutchPDF
Full model31/12/202107/06/202223/06/2022DutchPDF
Full model31/12/202007/06/202128/06/2021DutchPDF
Full model31/12/201908/06/202006/07/2020DutchPDF
Full modelCorrection31/12/201803/06/201916/10/2019DutchPDF
Full model31/12/201803/06/201918/06/2019DutchPDF
Full model31/12/201704/06/201826/06/2018DutchPDF
Full model31/12/201626/06/201717/07/2017DutchPDF
Full model31/12/201506/06/201606/07/2016DutchPDF
Full model31/12/201403/06/201502/07/2015DutchPDF
Full model31/12/201310/06/201401/07/2014DutchPDF
Full model31/12/201203/06/201326/07/2013DutchPDF
Full model31/12/201104/06/201212/06/2012DutchPDF
Full model31/12/201006/06/201105/07/2011DutchPDF
Full model31/12/200907/06/201026/07/2010DutchPDF
Full model31/12/200802/06/200931/07/2009DutchPDF
Full model31/12/200716/05/200816/07/2008DutchPDF
Full model31/12/200604/06/200719/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 30 ended

Active mandates

Alexander Villaverde Zweegers

Director · since 03 novembre 2022 · until 05 juin 2028

Active
Johannes Teuns

Director · since 03 novembre 2022 · until 05 juin 2028

Active
M. VERHULST MANAGEMENT

Director · since 03 novembre 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Active
Paul Verhulst

Director · since 03 novembre 2022 · until 05 juin 2028

Active

Ended mandates

FLORQU- INVEST

Director · since 03 novembre 2022 · until 05 juin 2028 · 0899.718.055

Represented by François Florquin

Ended
M. VERHULST MANAGEMENT

Managing director · since 03 novembre 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Ended
M. VERHULST MANAGEMENT

Managing director · since 11 mars 2022 · until 05 juin 2028 · 0862.749.870

Represented by Maxime Verhulst

Ended
PAUL VERHULST BEHEER

Director · since 07 juin 2021 · until 31 mai 2022 · 0896.242.386

Represented by Paul Verhulst

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/08/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates03/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/08/2020
    DIVERSEN
    PDF
  • Mandates11/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20252,2 M €↑
  2. 2024
    Annual accounts 2024996,8 k €↓
  3. 2023
    Annual accounts 20231,9 M €↑
  4. 2022
    Annual accounts 20221,4 M €↑
  5. 2021
    Annual accounts 20211,2 M €↓
  6. 2020
    Annual accounts 20204,4 M €↑
  7. 2019
    Annual accounts 2019819,7 k €↓
  8. 2018
    Annual accounts 2018843,2 k €↓
  9. 2017
    Annual accounts 20172,3 M €↑
  10. 2016
    Annual accounts 20161 M €↓
  11. 2015
    Annual accounts 20151,4 M €↓
  12. 2014
    Annual accounts 20141,7 M €↑
  13. 2013
    Annual accounts 2013528,7 k €↓
  14. 2012
    Annual accounts 20121,3 M €↓
  15. 2011
    Annual accounts 20111,5 M €↓
  16. 2010
    Annual accounts 20102 M €↓
  17. 2008
    Annual accounts 20083,2 M €
  18. 04/12/1989
    IncorporationPublic limited company