ACTIVE

VEHO

Financial year 2025 · Closed on 30/09/2025

Net result24,8 M €+892,9 %over 1 year

Gross margin333 k €+11,5 %over 1 year

Equity108,8 M €+29,5 %over 1 year

Identity

Source · BCE/KBO

VEHO is a Public limited company incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Izegem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0448.186.916
Incorporation: 08/09/1992
Legal form: Public limited company
Registered office: Baronielaan 5
8870 Izegem · FlandreSee on map
Contributed capital: 1 195 000,00 €
Latest accounts: 30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 46190Agents involved in the sale of a variety of goods 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	333 k €	+11.5%	298,5 k €	-23.1%	388 k €	-1.7%	394,5 k €	-15.7%	467,8 k €
EBITDA	278,2 k €	+194%	94,6 k €	-74.3%	367,7 k €	+8.4%	339,1 k €	-24.4%	448,5 k €
Operating result	91,5 k €	+189%	-102,9 k €	-177%	133 k €	+18.3%	112,4 k €	-64.7%	318,6 k €
Net result	24,8 M €	+893%	2,5 M €	+76.4%	1,4 M €	-70.2%	4,8 M €	+868%	490,9 k €
Balance sheet
Equity	108,8 M €	+29.5%	84 M €	+3.1%	81,5 M €	+1.8%	80 M €	+6.3%	75,3 M €
Total assets	114,9 M €	+26.9%	90,6 M €	+3.8%	87,3 M €	+1.0%	86,4 M €	+8.6%	79,6 M €
Cash	844 k €	+201%	280,4 k €	-90.9%	3,1 M €	+38.2%	2,2 M €	-13.5%	2,6 M €
Debts	6,2 M €	-4.2%	6,4 M €	+10.9%	5,8 M €	-6.1%	6,2 M €	+46.6%	4,2 M €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hendrik Van Eeckhout	Director17/07/2025 → 05/02/2031
Karel Van Eeckhout	Director17/07/2025 → 05/02/2031
Christine Vanden Avenne	Director07/02/2007 → 05/02/2031
Philiep Van Eeckhout	Managing director07/02/2007 → 05/02/2031Director2009 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christine (2007) Vanden Avenne	Director07/02/2007 → 2010 accounts
Monique (2007) Van Oost	Director07/02/2007 → 2010 accounts
Monique Van Oost	Director07/02/2007 → 2011 accounts
Christine (2013) Vanden Avenne	Director2008 accounts

Other companies at this address

Baronielaan 5 8870 Izegem

Company	CBE no.
Lihekasu● Active	0730.962.801
Sukaheli● Active	0750.784.057
Suzalies● Active	1016.824.274
VEM● Active	0807.938.338

Full financial information

Source · NBB

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/04/2026	04/04/2025	18/03/2024	23/04/2023	06/04/2022	30/04/2021
General meeting	04/02/2026	05/02/2025	07/02/2024	01/02/2023	02/02/2022	03/02/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	04/02/2026	23/04/2026	Dutch	PDF
Abridged model	30/09/2024	05/02/2025	04/04/2025	Dutch	PDF
Abridged model	30/09/2023	07/02/2024	18/03/2024	Dutch	PDF
Abridged model	30/09/2022	01/02/2023	23/04/2023	Dutch	PDF
Abridged model	30/09/2021	02/02/2022	06/04/2022	Dutch	PDF
Abridged model	30/09/2020	03/02/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	05/02/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	06/02/2019	29/03/2019	Dutch	PDF
Abridged model	30/09/2017	07/02/2018	03/04/2018	Dutch	PDF
Full model	30/09/2016	01/02/2017	31/03/2017	Dutch	PDF
Full model	30/09/2015	03/02/2016	30/03/2016	Dutch	PDF
Abridged model	30/09/2014	04/02/2015	21/04/2015	Dutch	PDF
Abridged model	30/09/2013	05/02/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	06/02/2013	26/04/2013	Dutch	PDF
Abridged model	30/09/2011	01/02/2012	27/04/2012	Dutch	PDF
Abridged model	30/09/2010	02/02/2011	27/04/2011	Dutch	PDF
Abridged model	30/09/2009	03/02/2010	06/04/2010	Dutch	PDF
Abridged model	30/09/2008	04/02/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	06/02/2008	31/03/2008	Dutch	PDF
Abridged model	30/09/2006	07/02/2007	28/03/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/09/2025

4 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hendrik Van Eeckhout	Director17/07/2025 → 05/02/2031
Karel Van Eeckhout	Director17/07/2025 → 05/02/2031
Christine Vanden Avenne	Director07/02/2007 → 05/02/2031
Philiep Van Eeckhout	Managing director07/02/2007 → 05/02/2031Director2009 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christine (2007) Vanden Avenne	Director07/02/2007 → 2010 accounts
Monique (2007) Van Oost	Director07/02/2007 → 2010 accounts
Monique Van Oost	Director07/02/2007 → 2011 accounts
Christine (2013) Vanden Avenne	Director2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other12/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/05/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/03/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other22/06/2006
DOEL
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

Filings18 filings

Mandates

Karel Van Eeckhout

Hendrik Van Eeckhout

Christine Vanden Avenne

Philiep Van Eeckhout

Monique (2007) Van Oost

Christine (2007) Vanden Avenne

Monique Van Oost

Christine (2013) Vanden Avenne

Monique (2013) Van Oost

Philiep (2013) Van Eeckhout

1992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

VEHO

Baronielaan 5, 8870 Izegem

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Baronielaan 5, 8870 IzegemCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00098496

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VEHOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00098496

Events

2025
Annual accounts 202524,8 M €↑
17/07/2025
nominationHendrik Van Eeckhout · niet-statutaire bestuurder
17/07/2025
nominationKarel Van Eeckhout · niet-statutaire bestuurder
05/02/2025
reconductionVanden Avenne Christine · bestuurder
05/02/2025
reconductionVan Eeckhout Philiep · bestuurder
05/02/2025
nominationPhiliep Van Eeckhout · gedelegeerd bestuurder
2024
Annual accounts 20242,5 M €↑
2023
Annual accounts 20231,4 M €↓
2022
Annual accounts 20224,8 M €↑
2021
Annual accounts 2021490,9 k €↑
2019
Annual accounts 2019126,3 k €↓
2018
Annual accounts 20181,8 M €↑
2017
Annual accounts 2017706,2 k €↓
2016
Annual accounts 20169,7 M €↑
2015
Annual accounts 20151,6 M €↓
2014
Annual accounts 20143,7 M €↑
2013
Annual accounts 20131,4 M €↑
2012
Annual accounts 2012740 k €↓
2011
Annual accounts 201150,8 M €↑
2010
Annual accounts 2010498,3 k €↑
2009
Annual accounts 2009320,7 k €↓
2008
Annual accounts 2008381,9 k €↑
2007
Annual accounts 200759,4 k €
08/09/1992
IncorporationPublic limited company

VEHO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events