ACTIVE

VANHEUKELOM

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Financial year 2025 · closed on 31/12/2025

Net result

87,2 k €

+3171.6% YoY

Gross margin

178,1 k €

+31.9% YoY

Equity

484 k €

+159.1% YoY

What does VANHEUKELOM do?

VANHEUKELOM is a Private limited company incorporated in 1989. Its registered office is in Beringen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.682.192

Incorporation

20/12/1989

Legal form

Private limited company

Registered office

Genebroekstraat 111
3581 Beringen · FlandreSee on map

Contributed capital

216 197,33 €

Latest accounts

31/12/2025

Joint committees (3)

124
1240
12400

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	178,1 k €	+31.9%	135 k €	+53.2%	88,1 k €	-30.2%	126,2 k €	+22.0%	103,5 k €	-27.7%	143,1 k €	+18.2%	121 k €	-7.1%	130,3 k €	+34.4%	97 k €	+21.7%	79,7 k €	-19.9%	99,5 k €	-1.9%	101,4 k €	-54.1%	220,7 k €	+4.9%	210,5 k €	+14.3%	184,1 k €	+4.9%	175,6 k €	+15.2%	152,4 k €	-18.9%	187,9 k €	-1.6%	191 k €	-1.3%	193,5 k €
EBITDA	142 k €	+196%	47,9 k €	+228%	14,6 k €	-63.1%	39,5 k €	+173%	14,5 k €	-75.6%	59,4 k €	+11.8%	53,1 k €	+18.3%	44,9 k €	+76.3%	25,5 k €	+70.9%	14,9 k €	-35.4%	23,1 k €	-27.3%	31,8 k €	-60.0%	79,5 k €	+65.2%	48,1 k €	+70.8%	28,2 k €	-35.5%	43,7 k €	-14.5%	51,1 k €	+2.9%	49,6 k €	+134%	21,2 k €	-61.7%	55,3 k €
Operating result	133,5 k €	+279%	35,2 k €	+229%	10,7 k €	-18.4%	13,1 k €	+30.9%	10 k €	-80.0%	50,1 k €	+16.8%	42,9 k €	+29.3%	33,2 k €	+344%	7,5 k €	+56.1%	4,8 k €	-39.3%	7,9 k €	+79.0%	4,4 k €	-88.8%	39,4 k €	+131%	17,1 k €	+134%	7,3 k €	-33.6%	11 k €	-36.7%	17,4 k €	+39.5%	12,5 k €	+107%	6 k €	-80.5%	30,8 k €
Net result	87,2 k €	+3172%	2,7 k €	-73.0%	9,9 k €	+469%	-2,7 k €	-116%	17,1 k €	-51.4%	35,1 k €	+10.2%	31,9 k €	+26.6%	25,2 k €	+501%	4,2 k €	-18.9%	5,2 k €	+176%	1,9 k €	+113%	-14,6 k €	-149%	29,6 k €	+56.5%	18,9 k €	+258%	5,3 k €	-53.8%	11,4 k €	-26.2%	15,5 k €	+49.6%	10,4 k €	+380%	2,2 k €	-92.4%	28,5 k €
Balance sheet
Equity	484 k €	+159%	186,8 k €	+1.4%	184,1 k €	-28.9%	258,8 k €	-1.0%	261,5 k €	+7.0%	244,5 k €	+16.8%	209,3 k €	+18.0%	177,5 k €	+16.4%	152,5 k €	+2.4%	148,9 k €	+3.2%	144,3 k €	+0.9%	143 k €	-9.7%	158,2 k €	+14.0%	138,8 k €	+15.4%	120,2 k €	+3.9%	115,6 k €	+10.2%	105 k €	+17.3%	89,5 k €	+11.8%	80 k €	+1.9%	78,6 k €
Total assets	590 k €	+83.1%	322,3 k €	+6.2%	303,6 k €	+4.3%	291 k €	-1.5%	295,3 k €	+2.8%	287,3 k €	+7.6%	267,1 k €	-4.9%	280,7 k €	+8.9%	257,7 k €	+11.5%	231,2 k €	+3.0%	224,4 k €	-8.4%	245 k €	-11.1%	275,7 k €	+12.2%	245,8 k €	+4.9%	234,3 k €	-10.0%	260,2 k €	+14.2%	227,8 k €	+2.0%	223,3 k €	+6.3%	210,1 k €	-5.2%	221,6 k €
Cash	126,6 k €	+40.7%	89,9 k €	+22.0%	73,7 k €	-0.3%	73,9 k €	-32.4%	109,3 k €	-14.6%	128 k €	+13.0%	113,3 k €	+11.9%	101,2 k €	-25.8%	136,3 k €	+31.3%	103,8 k €	-11.5%	117,3 k €	-22.7%	151,7 k €	+26.6%	119,9 k €	+9.4%	109,6 k €	+41.3%	77,6 k €	-1.5%	78,8 k €	+25.8%	62,6 k €	+62.9%	38,4 k €	-43.6%	68,2 k €	+16.5%	58,5 k €
Debts	106 k €	-21.8%	135,5 k €	+13.4%	119,5 k €	+274%	31,9 k €	-5.5%	33,8 k €	-21.2%	42,9 k €	-25.8%	57,8 k €	-36.4%	90,8 k €	-2.2%	92,9 k €	+32.8%	69,9 k €	+3.1%	67,8 k €	-21.0%	85,8 k €	-15.2%	101,3 k €	+4.4%	97 k €	-12.1%	110,4 k €	-21.6%	140,8 k €	+18.2%	119,2 k €	-8.4%	130,2 k €	+3.4%	125,8 k €	-9.7%	139,3 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	-61.5%	2,6 ETP	-13.3%	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+50.0%	2,0 ETP	-20.0%	2,5 ETP	-32.4%	3,7 ETP	+48.0%	2,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Annick VANHEUKELOM

Director

Active

Carlo Carpels

Director

Active

Ended mandates

Annick Vanheukelom

Mandate · since 07 juin 2007

Ended

Annick Vanheukelom

Director · since 07 juin 2007

Ended

Annick Vanheukelom

Manager · since 07 juin 2007

Ended

Annick Van Heukelom

Manager

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	30/04/2026	01/07/2025	16/07/2024	29/07/2023	15/07/2022	29/06/2021
General meeting	29/04/2026	20/06/2025	28/06/2024	30/06/2023	17/06/2022	18/06/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/04/2026	30/04/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	16/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	29/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	15/07/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	17/04/2020	30/07/2020	Dutch	PDF
Micro model	31/12/2018	17/04/2019	19/08/2019	Dutch	PDF
Micro model	31/12/2017	17/04/2018	06/08/2018	Dutch	PDF
Micro model	31/12/2016	14/06/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/04/2016	26/08/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	29/06/2015	04/01/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	18/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/04/2013	30/10/2013	Dutch	PDF
Abridged model	31/12/2011	17/04/2012	10/05/2012	Dutch	PDF
Abridged model	31/12/2010	19/04/2011	31/10/2011	Dutch	PDF
Abridged model	31/12/2009	19/04/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	17/04/2009	04/05/2009	Dutch	PDF
Abridged model	31/12/2007	17/04/2008	09/06/2008	Dutch	PDF
Abridged model	31/12/2006	17/04/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 6 ended

Active mandates

Annick VANHEUKELOM

Director

Active

Carlo Carpels

Director

Active

Ended mandates

Annick Vanheukelom

Mandate · since 07 juin 2007

Ended

Annick Vanheukelom

Director · since 07 juin 2007

Ended

Annick Vanheukelom

Manager · since 07 juin 2007

Ended

Annick Van Heukelom

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares21/10/2025
KAPITAAL - AANDELEN
PDF
Mandates13/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares27/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/06/2007
MAATSCHAPPELIJKE ZETEL - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202587,2 k €↑
2024
Annual accounts 20242,7 k €↓
2023
Annual accounts 20239,9 k €↑
2022
Annual accounts 2022-2,7 k €↓
2021
Annual accounts 202117,1 k €↓
2020
Annual accounts 202035,1 k €↑
2019
Annual accounts 201931,9 k €↑
2018
Annual accounts 201825,2 k €↑
2017
Annual accounts 20174,2 k €↓
2016
Annual accounts 20165,2 k €↑
2015
Annual accounts 20151,9 k €↑
2014
Annual accounts 2014-14,6 k €↓
2013
Annual accounts 201329,6 k €↑
2012
Annual accounts 201218,9 k €↑
2011
Annual accounts 20115,3 k €↓
2010
Annual accounts 201011,4 k €↓
2009
Annual accounts 200915,5 k €↑
2008
Annual accounts 200810,4 k €↑
2007
Annual accounts 20072,2 k €↓
2006
Annual accounts 200628,5 k €
20/12/1989
IncorporationPrivate 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

VANHEUKELOM

Overview

What does VANHEUKELOM 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