ACTIVE

IMMO VEHA

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Financial year 2025 · closed on 30/06/2025

Net result

-55,4 k €

-43.2% YoY

Gross margin

149,7 k €

-5.0% YoY

Equity

1,9 M €

-2.9% YoY

Workforce

1,0 ETP

0.0% YoY

What does IMMO VEHA do?

IMMO VEHA is a Public limited company incorporated in 1991. Its registered office is in Waregem. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.663.152

Incorporation

11/03/1991

Legal form

Public limited company

Registered office

Wortegemseweg 60
8790 Waregem · FlandreSee on map

Contributed capital

1 162 620,63 €

Latest accounts

30/06/2025

Average workforce

1,0 ETP

Joint committees (2)

Signals

Solid equityLow riskGood liquidityPositive EBITDA

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
Gross margin	149,7 k €	-5.0%	157,5 k €	+5.2%	149,7 k €	+0.6%	148,8 k €	+64.1%	90,7 k €	-69.8%	300,6 k €	+123%	135 k €	-42.9%	236,4 k €	+53.6%	153,9 k €	-19.9%	192,2 k €	+30.9%	146,8 k €	-30.5%	211,2 k €	-3.8%	219,6 k €	+11.4%	197,2 k €	+21.4%	162,5 k €	+1.2%	160,6 k €	+23.9%	129,6 k €	-5.7%	137,5 k €	+5.6%	130,2 k €
EBITDA	16,6 k €	-54.1%	36,2 k €	+4.9%	34,5 k €	-19.5%	42,9 k €	+646%	-7,9 k €	-104%	211,5 k €	+373%	44,8 k €	-56.7%	103,4 k €	+52.7%	67,7 k €	-35.1%	104,3 k €	+49.5%	69,8 k €	-44.2%	125 k €	-10.1%	139 k €	+18.8%	117 k €	+37.0%	85,4 k €	-8.4%	93,2 k €	+47.0%	63,4 k €	-14.5%	74,1 k €	+48.1%	50,1 k €
Operating result	-27,3 k €	-117%	-12,6 k €	+36.8%	-19,9 k €	-394%	-4 k €	+96.6%	-118,5 k €	-161%	193,3 k €	+3551%	5,3 k €	-90.3%	54,7 k €	+1168%	-5,1 k €	-109%	54,2 k €	+1414%	-4,1 k €	-106%	72,9 k €	+1.8%	71,6 k €	-21.0%	90,7 k €	+141%	37,6 k €	-2.4%	38,6 k €	+1000%	-4,3 k €	-351%	1,7 k €	+108%	-21,4 k €
Net result	-55,4 k €	-43.2%	-38,7 k €	-13.5%	-34,1 k €	-818%	4,7 k €	+104%	-127,9 k €	-235%	94,7 k €	+1904%	-5,2 k €	-113%	39,8 k €	+369%	-14,8 k €	-122%	65,8 k €	+334%	15,1 k €	-76.6%	64,7 k €	-18.6%	79,6 k €	-39.5%	131,4 k €	+79.0%	73,4 k €	-26.9%	100,5 k €	+592%	14,5 k €	-59.5%	35,9 k €	+31.8%	27,2 k €
Balance sheet
Equity	1,9 M €	-2.9%	1,9 M €	-2.0%	2 M €	-1.7%	2 M €	+0.2%	2 M €	-6.0%	2,1 M €	+4.6%	2 M €	-0.3%	2 M €	+2.0%	2 M €	-0.7%	2 M €	+3.4%	2 M €	+0.8%	1,9 M €	+3.4%	1,9 M €	+4.4%	1,8 M €	+7.9%	1,7 M €	+4.6%	1,6 M €	+6.7%	1,5 M €	+1.0%	1,5 M €	+2.5%	1,4 M €
Total assets	2,4 M €	-0.3%	2,5 M €	-0.7%	2,5 M €	-1.5%	2,5 M €	+1.5%	2,5 M €	-4.3%	2,6 M €	+5.6%	2,4 M €	-1.0%	2,5 M €	+2.6%	2,4 M €	-0.5%	2,4 M €	+0.1%	2,4 M €	-2.4%	2,5 M €	+5.7%	2,3 M €	+8.7%	2,2 M €	+7.1%	2 M €	+4.1%	1,9 M €	+4.5%	1,9 M €	-0.0%	1,9 M €	+1.6%	1,8 M €
Cash	48,8 k €	+4.4%	46,8 k €	+17.6%	39,8 k €	-68.4%	125,9 k €	+344%	28,4 k €	-95.3%	607,7 k €	+40.4%	432,9 k €	-0.9%	437 k €	+1093%	36,6 k €	-71.0%	126,2 k €	-17.5%	152,9 k €	-61.3%	395,1 k €	+19.8%	329,9 k €	+457%	59,3 k €	+1150%	4,7 k €	-96.9%	152,3 k €	+15.3%	132 k €	+674%	17 k €	-40.9%	28,9 k €
Debts	492,7 k €	+12.9%	436,2 k €	+3.1%	423,2 k €	-4.4%	442,6 k €	+9.9%	402,6 k €	+4.6%	385,1 k €	+2.7%	374,9 k €	-7.8%	406,6 k €	+9.1%	372,7 k €	+0.6%	370,4 k €	-15.9%	440,5 k €	-12.5%	503,1 k €	+15.3%	436,4 k €	+31.9%	330,7 k €	-3.3%	341,8 k €	+3.6%	330 k €	-4.0%	343,9 k €	-7.0%	369,9 k €	-0.8%	372,7 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 17 ended

Active mandates

Alex Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

Karel Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

René Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

Ended mandates

Karel Van Heuverbek

Director · since 12 décembre 2020 · until 12 décembre 2026

Ended

René Van Heuverbeke

Director · since 11 février 2020 · until 12 décembre 2026

Ended

Alex Van Heuverbeke

Director · since 13 décembre 2014 · until 12 décembre 2020

Ended

Alex Van Heuverbeke

Director · since 13 décembre 2014 · until 19 décembre 2020

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/12/2025	18/12/2024	11/12/2023	20/01/2023	07/02/2022	21/12/2020
General meeting	13/12/2025	14/12/2024	09/12/2023	10/12/2022	11/12/2021	12/12/2020
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	13/12/2025	15/12/2025	Dutch	PDF
Abridged model	30/06/2024	14/12/2024	18/12/2024	Dutch	PDF
Abridged model	30/06/2023	09/12/2023	11/12/2023	Dutch	PDF
Abridged model	30/06/2022	10/12/2022	20/01/2023	Dutch	PDF
Abridged model	30/06/2021	11/12/2021	07/02/2022	Dutch	PDF
Abridged model	30/06/2020	12/12/2020	21/12/2020	Dutch	PDF
Abridged model	30/06/2019	14/12/2019	12/02/2020	Dutch	PDF
Abridged model	30/06/2018	08/12/2018	05/02/2019	Dutch	PDF
Micro model	30/06/2017	09/12/2017	08/02/2018	Dutch	PDF
Abridged model	30/06/2016	10/12/2016	07/02/2017	Dutch	PDF
Abridged model	30/06/2015	12/12/2015	27/01/2016	Dutch	PDF
Abridged model	30/06/2014	13/12/2014	29/01/2015	Dutch	PDF
Abridged model	30/06/2013	14/12/2013	04/02/2014	Dutch	PDF
Abridged model	30/06/2012	08/12/2012	21/12/2012	Dutch	PDF
Abridged model	30/06/2011	10/12/2011	27/01/2012	Dutch	PDF
Abridged model	30/06/2010	11/12/2010	23/02/2011	Dutch	PDF
Abridged model	30/06/2009	12/12/2009	14/01/2010	Dutch	PDF
Abridged model	30/06/2008	13/12/2008	20/02/2009	Dutch	PDF
Abridged model	30/06/2007	08/12/2007	11/02/2008	Dutch	PDF
Abridged model	30/06/2006	09/12/2006	31/01/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 3 active · 17 ended

Active mandates

Alex Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

Karel Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

René Van Heuverbeke

Director · since 12 décembre 2020 · until 12 décembre 2026

Active

Ended mandates

Karel Van Heuverbek

Director · since 12 décembre 2020 · until 12 décembre 2026

Ended

René Van Heuverbeke

Director · since 11 février 2020 · until 12 décembre 2026

Ended

Alex Van Heuverbeke

Director · since 13 décembre 2014 · until 12 décembre 2020

Ended

Alex Van Heuverbeke

Director · since 13 décembre 2014 · until 19 décembre 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates18/03/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/02/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Other01/02/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates08/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/12/2005
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/01/2004
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

2025
Annual accounts 2025-55,4 k €↓
2024
Annual accounts 2024-38,7 k €↓
2023
Annual accounts 2023-34,1 k €↓
2022
Annual accounts 20224,7 k €↑
2021
Annual accounts 2021-127,9 k €↓
2020
Annual accounts 202094,7 k €↑
2019
Annual accounts 2019-5,2 k €↓
2018
Annual accounts 201839,8 k €↑
2017
Annual accounts 2017-14,8 k €↓
2016
Annual accounts 201665,8 k €↑
2015
Annual accounts 201515,1 k €↓
2014
Annual accounts 201464,7 k €↓
2013
Annual accounts 201379,6 k €↓
2012
Annual accounts 2012131,4 k €↑
2011
Annual accounts 201173,4 k €↓
2010
Annual accounts 2010100,5 k €↑
2009
Annual accounts 200914,5 k €↓
2008
Annual accounts 200835,9 k €↑
2007
Annual accounts 200727,2 k €
11/03/1991
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

IMMO VEHA

Overview

What does IMMO VEHA do?

Trend over 19 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