ACTIVE

VAN HULLE PAUL GRONDWERKEN

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Financial year 2025 · Closed on 31/12/2025

Net result84,1 k €+135,6 %over 1 year

Revenue2,7 M €+1,4 %over 1 year

Equity1,5 M €-2,3 %over 1 year

Workforce12,2 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

VAN HULLE PAUL GRONDWERKEN is a Public limited company incorporated in 1989. Its main activity is: Construction of roads and motorways. Its registered office is in Tielt. It employs on average 12,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0439.329.925
Incorporation: 28/12/1989
Legal form: Public limited company
Registered office: Kanegemstraat 1
8700 Tielt · FlandreSee on map
Contributed capital: 984 500,00 €
Latest accounts: 31/12/2025
Average workforce: 12,2 ETP

Activities (NACE)

42110Construction of roads and motorways· main 42110Construction of roads and motorways 43120Site preparation 43120Site preparation 45112Sale of cars and light motor vehicles 42219Construction of utility projects for fluids+7

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,7 M €	+1.4%	2,7 M €	-1.0%	2,7 M €	-10.9%	3,1 M €	+23.9%	2,5 M €
EBITDA	364 k €	+56.4%	232,7 k €	-23.3%	303,4 k €	-1.2%	307,1 k €	+5.2%	291,9 k €
Operating result	152,4 k €	+288%	39,3 k €	-75.1%	157,4 k €	-24.3%	207,8 k €	+10.6%	187,9 k €
Net result	84,1 k €	+136%	35,7 k €	-61.5%	92,6 k €	-27.7%	128,1 k €	+2.9%	124,4 k €
Balance sheet
Equity	1,5 M €	-2.3%	1,6 M €	+1.4%	1,6 M €	+5.9%	1,5 M €	+7.9%	1,4 M €
Total assets	2,5 M €	-1.3%	2,6 M €	-6.1%	2,7 M €	+0.7%	2,7 M €	+24.6%	2,2 M €
Cash	489 k €	+13.1%	432,3 k €	-43.8%	769,6 k €	+0.9%	762,6 k €	+10.5%	690,1 k €
Debts	972,7 k €	+0.2%	971,1 k €	-16.1%	1,2 M €	-5.6%	1,2 M €	+53.0%	802,1 k €
Other
Workforce	12,2 ETP	0.0%	12,2 ETP	-3.9%	12,7 ETP	-10.6%	14,2 ETP	-6.0%	15,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

JEROEN VAN HULLE

Mandate

Active

KRISTOF VAN HULLE

Mandate

Active

PAUL VAN HULLE

Mandate

Active

Ended mandates

JEROEN VAN HULLE

Managing director · since 01 juin 2019 · until 01 juin 2025

Ended

KRISTOF VAN HULLE

Managing director · since 01 juin 2019 · until 01 juin 2025

Ended

JACQUELINE VERGOTE

Managing director · since 24 novembre 2014 · until 01 juin 2019

Ended

JEROEN VAN HULLE

Managing director · since 24 novembre 2014 · until 01 juin 2019

Ended

Full financial information

Source · NBB

	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	24/06/2026	20/08/2025	26/08/2024	05/06/2023	17/08/2022	31/08/2021
General meeting	01/06/2026	01/06/2025	01/06/2024	01/06/2023	01/06/2022	01/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	01/06/2025	20/08/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	05/06/2023	Dutch	PDF
Abridged model	31/12/2021	01/06/2022	17/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	01/06/2020	02/06/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	17/09/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	13/09/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	06/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/03/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/03/2013	26/06/2013	Dutch	PDF
Abridged model	31/12/2011	20/02/2012	27/02/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	25/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	21/01/2009	22/01/2009	Dutch	PDF
Abridged model	31/12/2007	01/06/2008	09/08/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	18/07/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 21 ended

Active mandates

JEROEN VAN HULLE

Mandate

Active

KRISTOF VAN HULLE

Mandate

Active

PAUL VAN HULLE

Mandate

Active

Ended mandates

JEROEN VAN HULLE

Managing director · since 01 juin 2019 · until 01 juin 2025

Ended

KRISTOF VAN HULLE

Managing director · since 01 juin 2019 · until 01 juin 2025

Ended

JACQUELINE VERGOTE

Managing director · since 24 novembre 2014 · until 01 juin 2019

Ended

JEROEN VAN HULLE

Managing director · since 24 novembre 2014 · until 01 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/11/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/01/2009
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/08/2003
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/07/2003
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 202584,1 k €↑
2024
Annual accounts 202435,7 k €↓
2023
Annual accounts 202392,6 k €↓
2022
Annual accounts 2022128,1 k €↑
2021
Annual accounts 2021124,4 k €↑
2020
Annual accounts 2020114,3 k €↑
2019
Annual accounts 201974,2 k €↑
2018
Annual accounts 201860,5 k €↓
2017
Annual accounts 2017260,5 k €↑
2016
Annual accounts 201676 k €↑
2015
Annual accounts 201543,4 k €↑
2014
Annual accounts 20147,1 k €↑
2013
Annual accounts 20136,1 k €↑
2012
Annual accounts 20124 k €↓
2011
Annual accounts 2011110,1 k €↑
2010
Annual accounts 2010-296,6 k €↓
2009
Annual accounts 2009-147,5 k €↓
2008
Annual accounts 200862,4 k €↑
2007
Annual accounts 200721,6 k €↑
2006
Annual accounts 2006-192,4 k €
28/12/1989
IncorporationPublic limited company

VAN HULLE PAUL GRONDWERKEN

Overview

Identity

Financials

Valuation

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

Timeline