ACTIVE

VANHOUT

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Financial year 2025 · closed on 31/12/2025

Net result

1,4 M €

+28.4% YoY

Revenue

125 M €

+17.0% YoY

Equity

23,3 M €

+6.5% YoY

Workforce

144,6 ETP

+2.0% YoY

What does VANHOUT do?

VANHOUT is a Public limited company incorporated in 1989. Its main activity is: Construction of buildings. Its registered office is in Geel. It employs on average 144,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.714.361

Incorporation

27/12/1989

Legal form

Public limited company

Registered office

Lammerdries 12
2440 Geel · FlandreSee on map

Contributed capital

9 000 000,00 €

Latest accounts

31/12/2025

Average workforce

144,6 ETP

Activities (NACE)

41001Construction of buildings· main 41002Construction of buildings 41201Construction of residential and non-residential buildings 41202Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 45212Maintenance and repair of motor vehicles

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	125 M €	+17.0%	106,8 M €	+18.2%	90,4 M €	-16.7%	108,5 M €	-20.3%	136,1 M €	+34.0%	101,6 M €	-5.4%	107,4 M €	-7.9%	116,6 M €	+18.3%	98,5 M €	-11.9%	111,9 M €	+2.6%	109 M €	+16.6%	93,5 M €	-19.1%	115,6 M €	+14.7%	100,8 M €	+26.8%	79,5 M €	-14.1%	92,5 M €	-4.5%	96,8 M €	+6.8%	90,7 M €	+19.9%	75,6 M €
EBITDA	9,5 M €	+99.4%	4,8 M €	+888%	484 k €	+148%	-1 M €	-418%	-194,4 k €	-172%	271,3 k €	-89.8%	2,7 M €	-46.9%	5 M €	+68.9%	3 M €	-24.3%	3,9 M €	+87.3%	2,1 M €	-61.0%	5,4 M €	+181%	1,9 M €	-10.3%	2,1 M €	-5.3%	2,2 M €	-20.5%	2,8 M €	-3.5%	2,9 M €	+46.4%	2 M €	+67.7%	1,2 M €
Operating result	3,4 M €	+284%	875,3 k €	+1387%	58,9 k €	+103%	-2,3 M €	-206%	-747,6 k €	-492%	-126,4 k €	-106%	2,3 M €	-51.3%	4,7 M €	+70.9%	2,8 M €	-32.2%	4,1 M €	+24.1%	3,3 M €	-20.1%	4,1 M €	+149%	1,6 M €	+1.3%	1,6 M €	+12.0%	1,5 M €	-17.8%	1,8 M €	-7.0%	1,9 M €	+38.0%	1,4 M €	+35.2%	1 M €
Net result	1,4 M €	+28.4%	1,1 M €	+2.9%	1,1 M €	+142%	-2,6 M €	-743%	400,2 k €	-77.4%	1,8 M €	-51.7%	3,7 M €	-85.6%	25,4 M €	+434%	4,7 M €	+2.7%	4,6 M €	+6.3%	4,3 M €	-2.4%	4,5 M €	+209%	1,4 M €	-40.9%	2,4 M €	+16.6%	2,1 M €	-39.4%	3,4 M €	-60.3%	8,7 M €	+42.7%	6,1 M €	+52.0%	4 M €
Balance sheet
Equity	23,3 M €	+6.5%	21,9 M €	+5.3%	20,8 M €	+32.3%	15,7 M €	-14.1%	18,3 M €	+2.2%	17,9 M €	+11.0%	16,1 M €	+3.3%	15,6 M €	-4.0%	16,2 M €	+12.0%	14,5 M €	+0.8%	14,4 M €	+19.5%	12 M €	+2.2%	11,8 M €	+0.4%	11,7 M €	+2.1%	11,5 M €	+0.8%	11,4 M €	+4.1%	11 M €	+18.4%	9,3 M €	+6.9%	8,7 M €
Total assets	113,2 M €	+28.3%	88,2 M €	-18.5%	108,2 M €	+5.0%	103 M €	+15.7%	89 M €	+17.0%	76,1 M €	+18.5%	64,3 M €	+3.4%	62,2 M €	-3.8%	64,6 M €	+11.6%	57,9 M €	+2.3%	56,6 M €	+18.2%	47,9 M €	-1.2%	48,5 M €	+2.4%	47,3 M €	+19.0%	39,8 M €	-23.6%	52,1 M €	+6.2%	49 M €	-8.5%	53,6 M €	+15.2%	46,5 M €
Cash	37,1 M €	+325%	8,7 M €	-36.5%	13,7 M €	+11.5%	12,3 M €	+105%	6 M €	-1.3%	6,1 M €	+27.7%	4,8 M €	+13.2%	4,2 M €	-63.8%	11,7 M €	+202%	3,9 M €	-34.7%	5,9 M €	-50.9%	12 M €	+88.8%	6,4 M €	+43.0%	4,5 M €	+14.3%	3,9 M €	-62.2%	10,3 M €	+75.1%	5,9 M €	+27.1%	4,6 M €	+15.5%	4 M €
Debts	83,2 M €	+33.2%	62,5 M €	-25.5%	83,9 M €	+0.9%	83,1 M €	+23.0%	67,6 M €	+22.0%	55,4 M €	+22.2%	45,3 M €	+3.6%	43,7 M €	-3.4%	45,3 M €	+12.8%	40,1 M €	+8.3%	37 M €	+18.5%	31,2 M €	-3.0%	32,2 M €	+3.6%	31,1 M €	+31.5%	23,7 M €	-33.0%	35,3 M €	+8.0%	32,7 M €	-21.9%	41,9 M €	+18.7%	35,3 M €
Other
Workforce	144,6 ETP	+2.0%	141,7 ETP	-2.8%	145,8 ETP	-5.0%	153,5 ETP	-5.7%	162,8 ETP	-4.1%	169,8 ETP	+1.7%	166,9 ETP	-2.2%	170,7 ETP	-5.3%	180,3 ETP	-1.3%	182,6 ETP	+0.2%	182,3 ETP	-0.6%	183,4 ETP	-5.8%	194,6 ETP	-2.1%	198,7 ETP	-2.1%	202,9 ETP	-4.4%	212,2 ETP	-2.7%	218,0 ETP	-7.2%	234,8 ETP	+1.6%	231,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 68 ended

Active mandates

ED MERC

Director · since 26 avril 2024 · until 23 avril 2027 · 0759.562.656

Represented by Pieter De Crem

Active

GACCO

Director · since 26 avril 2024 · until 23 avril 2027 · 0818.856.479

Represented by Geert Aelbrecht

Active

JURECO

Managing director · since 26 avril 2024 · until 23 avril 2027 · 0863.789.354

Represented by Ronny Eijckmans

Active

Kempen Management

Director · since 26 avril 2024 · until 23 avril 2027 · 0864.615.537

Represented by Jos Kempen

Active

LEMMA

Chairman of the board of directors · since 26 avril 2024 · until 23 avril 2027 · 0864.952.067

Represented by Jozef Lembrechts

Active

Manibel

Managing director · since 26 avril 2024 · until 23 avril 2027 · 0810.802.016

Represented by Bert Lenaerts

Active

Mark Beyst - Consultancy

Director · since 26 avril 2024 · until 23 avril 2027 · 0502.422.485

Represented by Mark Beyst

Active

Jean Pôlet

Director · since 05 août 2020 · until 24 avril 2026

Active

Ended mandates

Johan Beerlandt

Director · since 28 avril 2023 · until 24 avril 2026

Ended

ALTHIEL

Director · since 10 juin 2021 · until 28 avril 2023 · 0745.958.011

Represented by Pierre Sironval

Ended

ALTHIEL

Director · since 10 juin 2021 · until 26 avril 2024 · 0745.958.011

Represented by Pierre Sironval

Ended

GABELI

Director · since 10 juin 2021 · until 26 avril 2024 · 0752.811.654

Represented by Hans Beerlandt

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	19/05/2026	02/06/2025	27/06/2024	31/05/2023	05/07/2022	19/08/2021
General meeting	24/04/2026	25/04/2025	26/04/2024	28/04/2023	02/06/2022	23/04/2021
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
Full model	31/12/2025	24/04/2026	19/05/2026	Dutch	PDF
Full model	31/12/2024	25/04/2025	02/06/2025	Dutch	PDF
Full model	31/12/2023	26/04/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	28/04/2023	31/05/2023	Dutch	PDF
Full model	31/12/2021	02/06/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	23/04/2021	19/08/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	09/07/2020	Dutch	PDF
Full model	31/12/2018	26/04/2019	27/05/2019	Dutch	PDF
Full model	31/12/2017	27/04/2018	14/05/2018	Dutch	PDF
Full model	31/12/2016	28/04/2017	19/05/2017	Dutch	PDF
Full model	31/12/2015	22/04/2016	11/05/2016	Dutch	PDF
Full model	31/12/2014	24/04/2015	26/05/2015	Dutch	PDF
Full model	31/12/2013	25/04/2014	20/05/2014	Dutch	PDF
Full model	31/12/2012	26/04/2013	16/05/2013	Dutch	PDF
Full model	31/12/2011	27/04/2012	23/05/2012	Dutch	PDF
Full model	31/12/2010	26/04/2011	24/05/2011	Dutch	PDF
Full model	31/12/2009	23/04/2010	20/05/2010	Dutch	PDF
Full model	31/12/2008	24/04/2009	13/05/2009	Dutch	PDF
Full model	31/12/2007	25/04/2008	21/05/2008	Dutch	PDF
Full model	31/12/2006	27/04/2007	24/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 8 active · 68 ended

Active mandates

ED MERC

Director · since 26 avril 2024 · until 23 avril 2027 · 0759.562.656

Represented by Pieter De Crem

Active

GACCO

Director · since 26 avril 2024 · until 23 avril 2027 · 0818.856.479

Represented by Geert Aelbrecht

Active

JURECO

Managing director · since 26 avril 2024 · until 23 avril 2027 · 0863.789.354

Represented by Ronny Eijckmans

Active

Kempen Management

Director · since 26 avril 2024 · until 23 avril 2027 · 0864.615.537

Represented by Jos Kempen

Active

LEMMA

Chairman of the board of directors · since 26 avril 2024 · until 23 avril 2027 · 0864.952.067

Represented by Jozef Lembrechts

Active

Manibel

Managing director · since 26 avril 2024 · until 23 avril 2027 · 0810.802.016

Represented by Bert Lenaerts

Active

Mark Beyst - Consultancy

Director · since 26 avril 2024 · until 23 avril 2027 · 0502.422.485

Represented by Mark Beyst

Active

Jean Pôlet

Director · since 05 août 2020 · until 24 avril 2026

Active

Ended mandates

Johan Beerlandt

Director · since 28 avril 2023 · until 24 avril 2026

Ended

ALTHIEL

Director · since 10 juin 2021 · until 28 avril 2023 · 0745.958.011

Represented by Pierre Sironval

Ended

ALTHIEL

Director · since 10 juin 2021 · until 26 avril 2024 · 0745.958.011

Represented by Pierre Sironval

Ended

GABELI

Director · since 10 juin 2021 · until 26 avril 2024 · 0752.811.654

Represented by Hans Beerlandt

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2024
KAPITAAL - AANDELEN
PDF
Other13/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2021
ONTSLAGEN - BENOEMINGEN
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

24/04/2026
reconductionJean Polet — bestuurder
2025
Annual accounts 20251,4 M €↑
2024
Annual accounts 20241,1 M €↑
26/04/2024
nominationJef Lembrechts — bestuurder (via Lemma bv)
26/04/2024
nominationJos Kempen — bestuurder (via Kempen Management bv)
26/04/2024
nominationRonny Eijckmans — bestuurder (via Jureco bv)
26/04/2024
nominationBert Lenaerts — bestuurder (via Manibel bv)
26/04/2024
nominationPieter De Crem — bestuurder (via Ed Merc bv)
26/04/2024
nominationGeert Aelbrecht — bestuurder (via Gacco bv)
26/04/2024
nominationMark Beyst — bestuurder (via Mark Beyst — Consultancy bv)
26/04/2024
nominationBen Vandeweyer — commissaris (via Deloitte Bedrijfsrevisoren bv)
2023
Annual accounts 20231,1 M €↑
28/04/2023
nominationJean Polet — bestuurder
28/04/2023
nominationJohan Beerlandt — bestuurder
2022
Annual accounts 2022-2,6 M €↓
2021
Annual accounts 2021400,2 k €↓
2020
Annual accounts 20201,8 M €↓
2019
Annual accounts 20193,7 M €↓
2018
Annual accounts 201825,4 M €↑
2017
Annual accounts 20174,7 M €↑
2016
Annual accounts 20164,6 M €↑
2015
Annual accounts 20154,3 M €↓
2014
Annual accounts 20144,5 M €↑
2013
Annual accounts 20131,4 M €↓
2012
Annual accounts 20122,4 M €↑
2011
Annual accounts 20112,1 M €↓
2010
Annual accounts 20103,4 M €↓
2009
Annual accounts 20098,7 M €↑
2008
Annual accounts 20086,1 M €↑
2007
Annual accounts 20074 M €
27/12/1989
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

VANHOUT

Overview

What does VANHOUT do?

Trend over 19 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