ACTIVE

ASSOCIATIE Dr L. TERMOTE en Dr M. VANDENHEEDE

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Financial year 2025 · Closed on 31/12/2025

Net result216,2 k €-56,0 %over 1 year
Gross margin305,5 k €-6,7 %over 1 year
Equity1,6 M €+15,5 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATIE Dr L. TERMOTE en Dr M. VANDENHEEDE is a Private limited company incorporated in 1992. Its main activity is: General medical practice activities. Its registered office is in Zulte.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.346.974
Incorporation
30/04/1992
Legal form
Private limited company
Registered office
Statiestraat 59
9870 Zulte · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 23 filings

Trend over 21 financial years

20252024202320222021
Income statement
Gross margin305,5 k €327,4 k €319,3 k €267,8 k €232 k €
EBITDA303,3 k €322 k €114,5 k €263,5 k €227,6 k €
Operating result297,8 k €315,4 k €111,4 k €250 k €215,4 k €
Net result216,2 k €491,8 k €61,7 k €181,8 k €177,3 k €
Balance sheet
Equity1,6 M €1,4 M €898,4 k €837,6 k €732,3 k €
Total assets1,7 M €2,7 M €2,4 M €2,8 M €2,6 M €
Cash34,3 k €28,2 k €20,9 k €16,2 k €14,1 k €
Debts107,7 k €1,3 M €1,4 M €2 M €1,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MARTINA VANDENHEEDE
Directorsince 13/09/2021Administrator - managerended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Luc TERMOTE
Administrator - managerManager
Martine VANDENHEEDE
DirectorAdministrator - manager

Other companies at this address

Statiestraat 59 9870 Zulte
CompanyCBE no.
Huisartsenpraktijk Fluweelboom VVZRL● Active
0546.894.314
MAROLI● Active
1005.253.065
MAROLI PROJECTS● Active
0773.833.831

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202626/07/202525/07/202415/07/202329/06/202220/07/2021
General meeting30/06/202630/06/202530/06/202424/06/202327/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202629/07/2026DutchPDF
Micro model31/12/202430/06/202526/07/2025DutchPDF
Micro model31/12/202330/06/202425/07/2024DutchPDF
Micro model31/12/202224/06/202315/07/2023DutchPDF
Micro model31/12/202127/06/202229/06/2022DutchPDF
Micro model31/12/202028/06/202120/07/2021DutchPDF
Micro model31/12/201918/06/202015/07/2020DutchPDF
Micro model31/12/201825/06/201926/07/2019DutchPDF
Micro model31/12/201711/06/201829/06/2018DutchPDF
Micro model31/12/201628/06/201726/07/2017DutchPDF
Abridged model31/12/201513/06/201623/06/2016DutchPDF
Abridged model31/12/201408/06/201530/06/2015DutchPDF
Abridged model31/12/201330/06/201423/07/2014DutchPDF
Abridged model31/12/201224/07/201324/07/2013DutchPDF
Abridged model31/12/201129/07/201229/08/2012DutchPDF
Abridged model31/12/201030/06/201123/08/2011DutchPDF
Abridged model31/12/200930/06/201013/08/2010DutchPDF
Abridged model31/12/200830/06/200931/08/2009DutchPDF
Abridged modelCorrection31/12/200713/06/200807/08/2009DutchPDF
Abridged model31/12/200713/06/200819/08/2008DutchPDF
Abridged modelCorrection31/12/200613/06/200707/08/2009DutchPDF
Abridged model31/12/200613/06/200724/08/2007DutchPDF
Abridged modelCorrection31/12/200513/06/200607/08/2009DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
MARTINA VANDENHEEDE
Directorsince 13/09/2021Administrator - managerended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Luc TERMOTE
Administrator - managerManager
Martine VANDENHEEDE
DirectorAdministrator - manager

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/09/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2014
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/02/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates25/11/2004
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings21 filings
Mandates
MARTINA VANDENHEEDE
19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
TERMOTE-VANDENHEEDE Associatie
Statiestraat 59, 9870 Zulte
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Statiestraat 59, 9870 ZulteCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00348191

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ASSOCIATIE Dr L. TERMOTE en Dr M. VANDENHEEDECurrent
CBE
TERMOTE-VANDENHEEDE Associatie
accounts 2021 → 2025
Accounts 2025 · 2026-00348191

Events

  1. 2025
    Annual accounts 2025216,2 k €↓
  2. 2024
    Annual accounts 2024491,8 k €↑
  3. 2023
    Annual accounts 202361,7 k €↓
  4. 2022
    Annual accounts 2022181,8 k €↑
  5. 2021
    Annual accounts 2021177,3 k €↓
  6. 2020
    Annual accounts 2020190,9 k €↑
  7. 2019
    Annual accounts 2019134,9 k €↑
  8. 2018
    Annual accounts 2018101,9 k €↑
  9. 2017
    Annual accounts 201776,5 k €↑
  10. 2016
    Annual accounts 201672,9 k €↓
  11. 2015
    Annual accounts 201596,4 k €↓
  12. 2014
    Annual accounts 2014117,2 k €↑
  13. 2013
    Annual accounts 2013111,2 k €↓
  14. 2012
    Annual accounts 2012156,6 k €↑
  15. 2011
    Annual accounts 2011151,3 k €↑
  16. 2010
    Annual accounts 2010126,2 k €↓
  17. 2009
    Annual accounts 2009141,7 k €↑
  18. 2008
    Annual accounts 2008138,9 k €↓
  19. 2007
    Annual accounts 2007146,4 k €↑
  20. 2006
    Annual accounts 2006111,9 k €↑
  21. 2005
    Annual accounts 200550 k €
  22. 30/04/1992
    IncorporationPrivate limited company