ACTIVE

KRUIDVAT

Export PDF
Financial year 2024 · closed on 29/12/2024
Net result
17,4 M €
+6.4% YoY
Revenue
715,5 M €
+8.4% YoY
Equity
80,5 M €
+3.8% YoY
Workforce
2 307,0 ETP
+4.3% YoY

What does KRUIDVAT do?

KRUIDVAT is a Private limited company incorporated in 1992. Its registered office is in Antwerpen. It employs on average 2 307,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.891.668
Incorporation
18/03/1992
Legal form
Private limited company
Registered office
Borsbeeksebrug 30
2600 Antwerpen · FlandreSee on map
Contributed capital
68 200,00 €
Latest accounts
29/12/2024
Average workforce
2 307,0 ETP
Joint committees (1)
  • 311
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320232022202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue715,5 M €659,8 M €592,8 M €530,2 M €430,5 M €475,2 M €459,7 M €442,9 M €423,1 M €402 M €376 M €351,9 M €327,1 M €300,1 M €280,3 M €264,7 M €241,9 M €226,5 M €213,3 M €
EBITDA31,3 M €29,6 M €25,1 M €20,2 M €22 M €19,6 M €19,8 M €17 M €15,3 M €14,5 M €13,4 M €12,3 M €11,8 M €26 M €25,7 M €16,8 M €12,2 M €10,8 M €8,5 M €
Operating result23,6 M €21,7 M €19,5 M €17,5 M €14,2 M €15,6 M €15,1 M €14,5 M €11,9 M €11,3 M €10,5 M €9,9 M €9,2 M €22,5 M €21,3 M €11,7 M €4,8 M €4,5 M €877,2 k €
Net result17,4 M €16,4 M €14,4 M €12,8 M €10,2 M €10,9 M €9,9 M €10 M €7,8 M €7,6 M €6,9 M €7,3 M €7,8 M €18,5 M €15 M €9,3 M €3,6 M €1,8 M €4,5 M €
Balance sheet
Equity80,5 M €77,6 M €74,7 M €71,8 M €71,2 M €60,9 M €50 M €134,6 M €124,6 M €116,9 M €109,2 M €102,3 M €95,1 M €87,2 M €68,7 M €53,8 M €44,5 M €40,9 M €39,1 M €
Total assets193,1 M €176,6 M €157,7 M €147,6 M €132,9 M €113,7 M €110,3 M €236,5 M €167,2 M €152 M €143,6 M €131,8 M €167,3 M €147,6 M €112,4 M €84,5 M €76 M €103,9 M €98,4 M €
Cash8,3 M €10,3 M €8,3 M €5,9 M €8,2 M €5,9 M €4,8 M €7,9 M €12,5 M €13,7 M €11,2 M €12 M €15 M €9,3 M €8,1 M €16,3 M €15,4 M €6,6 M €13,9 M €
Debts112,6 M €98,9 M €82,9 M €75,6 M €61,4 M €52,8 M €60 M €101,8 M €42,3 M €35,1 M €34,3 M €29,4 M €72,2 M €60,3 M €43,6 M €30,4 M €31,3 M €62,4 M €49,3 M €
Other
Workforce2 307,0 ETP2 211,0 ETP2 075,4 ETP1 904,0 ETP1 839,2 ETP1 806,1 ETP1 746,8 ETP1 699,6 ETP1 576,1 ETP1 471,8 ETP1 401,7 ETP1 294,1 ETP1 222,5 ETP1 147,4 ETP1 060,6 ETP1 008,5 ETP939,6 ETP915,0 ETP851,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation
Governance

Board of directors

Seen on filing of 29/12/2024 · 6 active · 21 ended

Active mandates

Malina Man Lin Ngai

Director · since 01 septembre 2024

Active
Aalbertus Gijsbert Rik Gerrit van de Weerd

Director · since 01 juillet 2019

Active
Hubertus Cornelus Gerardus Verhoef

Director · since 01 janvier 2015

Active
Erik August Heuthorst

Director · since 01 février 2008

Active
Dominic Kai Ming Lai

Director · since 11 décembre 2006

Active
Edith Shih

Director · since 18 octobre 2002

Active

Ended mandates

Hubertus Cornelus Gerardus Verhoef

Manager · since 01 janvier 2015

Ended
Hubertus H.C.G. Verhoef

Manager · since 01 janvier 2015

Ended
Erik August Heuthorst

Manager · since 01 février 2008

Ended
Erik E.A. Heuthorst

Manager · since 01 février 2008

Ended
At this address

Other companies at this address

CompanyCBE no.
ChipSoft België● Active
0812.016.890
Kuehne + Nagel● Active
0404.531.966
Kuehne + Nagel Fulfillment● Active
0455.958.002
LOGISTICS KONTICH● Active
0874.061.852
M-Pharma● Active
0678.937.543
NACORA INSURANCE BROKERS● Active
0457.398.649
Teleperformance Belgium● Active
0773.614.491
Annual accounts

Full financial information

202420232023202220202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202402/01/202303/01/202228/12/202001/01/202001/01/2019
Closing of the financial year29/12/202431/12/202301/01/202302/01/202227/12/202031/12/2019
Length of the financial year12 months12 months13 months14 months12 months12 months
Filing date23/07/202517/07/202431/08/202308/08/202216/07/202120/07/2020
General meeting27/06/202528/06/202430/06/202301/07/202225/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model29/12/202427/06/202523/07/2025DutchPDF
Full model31/12/202328/06/202417/07/2024DutchPDF
Full model01/01/202330/06/202331/08/2023DutchPDF
Full model02/01/202201/07/202208/08/2022DutchPDF
Full model27/12/202025/06/202116/07/2021DutchPDF
Full model31/12/201930/06/202020/07/2020DutchPDF
Full model31/12/201831/05/201917/06/2019DutchPDF
Full model31/12/201731/05/201806/06/2018DutchPDF
Full model31/12/201631/05/201716/06/2017DutchPDF
Full model31/12/201530/06/201620/07/2016DutchPDF
Full model31/12/201430/05/201522/06/2015DutchPDF
Full model31/12/201330/05/201417/06/2014DutchPDF
Full model31/12/201230/05/201320/06/2013DutchPDF
Full model31/12/201120/06/201202/07/2012DutchPDF
Full model31/12/201030/05/201124/06/2011DutchPDF
Full modelCorrection31/12/200931/05/201001/12/2010DutchPDF
Full model31/12/200931/05/201025/06/2010DutchPDF
Full model31/12/200830/05/200904/06/2009DutchPDF
Full modelCorrection31/12/200725/04/200823/10/2008DutchPDF
Full model31/12/200725/04/200826/06/2008DutchPDF
Full model31/12/200630/05/200702/07/2007FrenchPDF
Full model31/12/200630/05/200728/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 29/12/2024 · 6 active · 21 ended

Active mandates

Malina Man Lin Ngai

Director · since 01 septembre 2024

Active
Aalbertus Gijsbert Rik Gerrit van de Weerd

Director · since 01 juillet 2019

Active
Hubertus Cornelus Gerardus Verhoef

Director · since 01 janvier 2015

Active
Erik August Heuthorst

Director · since 01 février 2008

Active
Dominic Kai Ming Lai

Director · since 11 décembre 2006

Active
Edith Shih

Director · since 18 octobre 2002

Active

Ended mandates

Hubertus Cornelus Gerardus Verhoef

Manager · since 01 janvier 2015

Ended
Hubertus H.C.G. Verhoef

Manager · since 01 janvier 2015

Ended
Erik August Heuthorst

Manager · since 01 février 2008

Ended
Erik E.A. Heuthorst

Manager · since 01 février 2008

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/08/2026
    Herbenoeming van commissaris
    PDF
  • Mandates11/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/02/2022
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other06/01/2022
    BOEKJAAR
    PDF
  • Registered office04/06/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/01/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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

Timeline

  1. 2024
    Annual accounts 202417,4 M €↑
  2. 01/09/2024
    nominationNGAI Man Lin Malina — bestuurder
  3. 2023
    Annual accounts 202316,4 M €↑
  4. 30/06/2023
    reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV — commissaris
  5. 2023
    Annual accounts 202314,4 M €↑
  6. 2022
    Annual accounts 202212,8 M €↑
  7. 2020
    Annual accounts 202010,2 M €↓
  8. 2019
    Annual accounts 201910,9 M €↑
  9. 2018
    Annual accounts 20189,9 M €↓
  10. 2017
    Annual accounts 201710 M €↑
  11. 2016
    Annual accounts 20167,8 M €↑
  12. 2015
    Annual accounts 20157,6 M €↑
  13. 2014
    Annual accounts 20146,9 M €↓
  14. 2013
    Annual accounts 20137,3 M €↓
  15. 2012
    Annual accounts 20127,8 M €↓
  16. 2011
    Annual accounts 201118,5 M €↑
  17. 2010
    Annual accounts 201015 M €↑
  18. 2009
    Annual accounts 20099,3 M €↑
  19. 2008
    Annual accounts 20083,6 M €↑
  20. 2007
    Annual accounts 20071,8 M €↓
  21. 2006
    Annual accounts 20064,5 M €
  22. 18/03/1992
    IncorporationPrivate limited company