ACTIVE

VANHEUSDEN

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Financial year 2025 · closed on 31/12/2025

Net result

233,4 k €

-14.2% YoY

Gross margin

361,4 k €

-46.8% YoY

Equity

2,1 M €

+12.3% YoY

Workforce

2,7 ETP

+12.5% YoY

What does VANHEUSDEN do?

VANHEUSDEN is a Private limited company incorporated in 1994. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Bilzen-Hoeselt. It employs on average 2,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.057.711

Incorporation

22/02/1994

Legal form

Private limited company

Registered office

Reekstraat 134
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

49 578,70 €

Latest accounts

31/12/2025

Average workforce

2,7 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 64200Activities of holding companies 64210Activities of holding companies

Joint committees (2)

313
313,00

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	361,4 k €	-46.8%	679,6 k €	-5.6%	719,6 k €	+20.2%	598,8 k €	-8.4%	653,7 k €	-23.0%	849,2 k €	-6.6%	909,7 k €	+8.9%	835,2 k €	-6.5%	893,1 k €	+27.8%	698,7 k €	+17.4%	595,3 k €	+21.0%	491,8 k €	+17.3%	419,3 k €	+8.0%	388,3 k €	+7.7%	360,6 k €	+18.4%	304,5 k €	+26.8%	240,1 k €	-40.8%	405,7 k €	+41.9%	286 k €	+74.2%	164,2 k €
EBITDA	103,9 k €	-77.4%	460,3 k €	-11.2%	518,6 k €	+22.8%	422,4 k €	-8.5%	461,4 k €	-22.1%	592,4 k €	-4.3%	618,8 k €	+6.2%	582,5 k €	-5.7%	618 k €	+36.0%	454,5 k €	+4.0%	437,2 k €	-1.3%	443 k €	+6.9%	414,3 k €	+8.0%	383,6 k €	+7.8%	356 k €	+18.7%	299,8 k €	+27.9%	234,3 k €	-41.8%	402,5 k €	+42.8%	281,9 k €	+76.0%	160,2 k €
Operating result	82,7 k €	-81.2%	439,1 k €	-10.3%	489,8 k €	+24.3%	394 k €	-9.1%	433,6 k €	-24.8%	577 k €	-2.9%	594 k €	+6.8%	556,1 k €	-6.0%	591,3 k €	+38.2%	427,9 k €	+4.4%	409,7 k €	-3.3%	423,7 k €	+7.2%	395,3 k €	+8.5%	364,4 k €	+8.4%	336,1 k €	+20.6%	278,7 k €	+31.1%	212,6 k €	-42.9%	372 k €	+70.6%	218,1 k €	+50.9%	144,6 k €
Net result	233,4 k €	-14.2%	272,1 k €	-12.5%	310,8 k €	+25.1%	248,5 k €	-9.4%	274,1 k €	-25.9%	369,7 k €	+2.6%	360,3 k €	+8.7%	331,5 k €	-5.4%	350,4 k €	+52.9%	229,1 k €	+11.8%	205 k €	-8.1%	223 k €	-1.5%	226,5 k €	+12.3%	201,6 k €	+2.6%	196,5 k €	+15.1%	170,8 k €	+42.4%	119,9 k €	-44.7%	216,9 k €	+82.8%	118,7 k €	+56.4%	75,9 k €
Balance sheet
Equity	2,1 M €	+12.3%	1,9 M €	-37.7%	3 M €	+11.4%	2,7 M €	+10.0%	2,5 M €	+12.4%	2,2 M €	+20.2%	1,8 M €	+24.5%	1,5 M €	+29.1%	1,1 M €	-25.1%	1,5 M €	+17.7%	1,3 M €	+18.8%	1,1 M €	+25.7%	866,6 k €	-19.1%	1,1 M €	+22.8%	872,4 k €	+29.1%	675,8 k €	-43.9%	1,2 M €	+11.0%	1,1 M €	+25.0%	868,3 k €	+14.8%	756,1 k €
Total assets	3,6 M €	-6.5%	3,9 M €	+3.4%	3,7 M €	+8.4%	3,4 M €	+5.9%	3,3 M €	+5.9%	3,1 M €	+7.2%	2,9 M €	+5.1%	2,7 M €	+5.0%	2,6 M €	-8.0%	2,8 M €	-3.2%	2,9 M €	+3.0%	2,8 M €	+36.5%	2,1 M €	+0.7%	2,1 M €	+6.7%	1,9 M €	+0.7%	1,9 M €	+4.3%	1,8 M €	-0.7%	1,8 M €	+4.7%	1,8 M €	+17.9%	1,5 M €
Cash	38,1 k €	+67.9%	22,7 k €	-58.1%	54,2 k €	-0.4%	54,4 k €	+34.5%	40,5 k €	-51.6%	83,6 k €	+194%	28,4 k €	-48.5%	55,1 k €	-11.1%	61,9 k €	-46.7%	116,1 k €	+42.3%	81,6 k €	+118%	37,4 k €	-69.6%	123 k €	+31.8%	93,4 k €	+117%	43,1 k €	+231%	13 k €	-70.7%	44,3 k €	-4.4%	46,4 k €	+88.4%	24,6 k €	-77.9%	111,6 k €
Debts	1,5 M €	-25.0%	2 M €	+181%	701,9 k €	-2.7%	721,6 k €	-6.9%	775,5 k €	-10.9%	870,5 k €	-15.8%	1 M €	-17.7%	1,3 M €	-13.7%	1,5 M €	+12.2%	1,3 M €	-19.9%	1,6 M €	-6.9%	1,7 M €	+44.3%	1,2 M €	+22.2%	986,7 k €	-6.6%	1,1 M €	-14.8%	1,2 M €	+96.8%	629,9 k €	-17.5%	763,5 k €	-15.0%	898 k €	+21.1%	741,7 k €
Other
Workforce	2,7 ETP	+12.5%	2,4 ETP	-11.1%	2,7 ETP	+12.5%	2,4 ETP	-31.4%	3,5 ETP	-22.2%	4,5 ETP	-8.2%	4,9 ETP	-5.8%	5,2 ETP	+13.0%	4,6 ETP	+7.0%	4,3 ETP	+53.6%	2,8 ETP	+250%	0,8 ETP		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 5 ended

Active mandates

CVHD

Director · 0755.821.327

Represented by Vanheusden Claudia

Active

Dirk Vanheusden

Director

Active

Hilde Denckens

Director

Active

SIVAHE

Director · 0772.612.126

Represented by Vanheusden SIMON

Active

Ended mandates

CVHD

Director · since 01 novembre 2020 · 0755.821.327

Represented by Claudia Vanheusden

Ended

DIRK VANHEUSDEN

Administrator - manager

Ended

DIRK VANHEUSDEN

Manager

Ended

HILDE DENCKENS

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
CVHD● Active	0755.821.327

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	01/01/2025	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	02/07/2026	18/07/2025	09/07/2024	18/08/2023	14/06/2022	15/06/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	11/06/2021
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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	18/07/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	09/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	18/08/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	15/06/2021	Dutch	PDF
Abridged model	31/12/2019	12/06/2020	27/08/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	14/06/2018	Dutch	PDF
Abridged model	31/12/2016	09/06/2017	12/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/06/2016	01/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	30/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	19/06/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	04/06/2012	09/12/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	13/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active · 5 ended

Active mandates

CVHD

Director · 0755.821.327

Represented by Vanheusden Claudia

Active

Dirk Vanheusden

Director

Active

Hilde Denckens

Director

Active

SIVAHE

Director · 0772.612.126

Represented by Vanheusden SIMON

Active

Ended mandates

CVHD

Director · since 01 novembre 2020 · 0755.821.327

Represented by Claudia Vanheusden

Ended

DIRK VANHEUSDEN

Administrator - manager

Ended

DIRK VANHEUSDEN

Manager

Ended

HILDE DENCKENS

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Capital / shares22/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares10/01/2014
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025233,4 k €↓
2024
Annual accounts 2024272,1 k €↓
2023
Annual accounts 2023310,8 k €↑
2022
Annual accounts 2022248,5 k €↓
2021
Annual accounts 2021274,1 k €↓
2020
Annual accounts 2020369,7 k €↑
2019
Annual accounts 2019360,3 k €↑
2018
Annual accounts 2018331,5 k €↓
2017
Annual accounts 2017350,4 k €↑
2016
Annual accounts 2016229,1 k €↑
2015
Annual accounts 2015205 k €↓
2014
Annual accounts 2014223 k €↓
2013
Annual accounts 2013226,5 k €↑
2012
Annual accounts 2012201,6 k €↑
2011
Annual accounts 2011196,5 k €↑
2010
Annual accounts 2010170,8 k €↑
2009
Annual accounts 2009119,9 k €↓
2008
Annual accounts 2008216,9 k €↑
2007
Annual accounts 2007118,7 k €↑
2006
Annual accounts 200675,9 k €
22/02/1994
IncorporationPrivate 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

VANHEUSDEN

Overview

What does VANHEUSDEN do?

Trend over 20 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