ACTIVE

Heylen

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Financial year 2025 · closed on 31/12/2025

Net result

665,9 k €

+27.0% YoY

Gross margin

1,6 M €

+13.1% YoY

Equity

2,2 M €

+10.5% YoY

Workforce

7,2 ETP

+1.4% YoY

What does Heylen do?

Heylen is a Public limited company incorporated in 1994. Its registered office is in Aarschot. It employs on average 7,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.405.228

Incorporation

15/04/1994

Legal form

Public limited company

Registered office

Demerstraat 32 box 2
3200 Aarschot · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

7,2 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	1,6 M €	+13.1%	1,5 M €	+6.7%	1,4 M €	+13.0%	1,2 M €	+17.4%	1 M €	+7.1%	961,6 k €	-8.0%	1 M €	-1.3%	1,1 M €	-23.6%	1,4 M €	+33.8%	1 M €	+19.9%	864 k €	-0.4%	867,5 k €	+11.4%	778,9 k €	+31.9%	590,3 k €	-11.0%	663,5 k €	+3.9%	638,7 k €	+5.2%	606,9 k €	-24.8%	806,7 k €	-1.2%	816,3 k €	+40.6%	580,5 k €
EBITDA	1,2 M €	+19.5%	962,7 k €	+9.1%	882,6 k €	+16.4%	758,5 k €	+24.1%	611,1 k €	+9.0%	560,7 k €	+0.4%	558,3 k €	+3.9%	537,3 k €	-23.5%	702,7 k €	+21.5%	578,6 k €	+27.4%	454,2 k €	-6.4%	485,5 k €	+12.4%	432,1 k €	+95.1%	221,5 k €	-5.2%	233,7 k €	-6.5%	250 k €	+1.4%	246,6 k €	-33.1%	368,4 k €	-8.2%	401,4 k €	+42.4%	281,9 k €
Operating result	941,1 k €	+20.4%	781,7 k €	+5.0%	744,6 k €	+18.7%	627,2 k €	+27.5%	492 k €	+17.3%	419,5 k €	+25.2%	335,2 k €	+58.6%	211,3 k €	-50.1%	423,4 k €	+92.9%	219,5 k €	+58.5%	138,5 k €	-24.4%	183,2 k €	-25.7%	246,6 k €	+664%	32,3 k €	-55.6%	72,7 k €	+14.7%	63,4 k €	+41.2%	44,9 k €	-73.5%	169,8 k €	-11.5%	191,9 k €	+143%	79,1 k €
Net result	665,9 k €	+27.0%	524,5 k €	+2.4%	512,3 k €	+12.7%	454,5 k €	+25.3%	362,8 k €	+25.1%	290 k €	+35.4%	214,2 k €	+61.8%	132,4 k €	-43.1%	232,8 k €	+90.9%	122 k €	+85.9%	65,6 k €	-34.8%	100,6 k €	-30.7%	145,2 k €	+3710%	-4 k €	-113%	31,3 k €	+22.5%	25,6 k €	+446%	4,7 k €	-95.1%	94,8 k €	-4.4%	99,1 k €	+250%	28,3 k €
Balance sheet
Equity	2,2 M €	+10.5%	2 M €	+27.7%	1,5 M €	+34.4%	1,1 M €	+24.1%	919 k €	+26.0%	729,1 k €	+32.8%	549,1 k €	+23.4%	444,9 k €	-8.4%	485,5 k €	+14.1%	425,7 k €	-10.7%	476,7 k €	-17.4%	577 k €	+2.5%	562,9 k €	+11.6%	504,2 k €	-15.2%	594,7 k €	-8.5%	649,9 k €	-8.6%	710,8 k €	-10.3%	792,6 k €	+4.9%	755,5 k €	+5.8%	714,1 k €
Total assets	3,1 M €	+25.3%	2,5 M €	+12.8%	2,2 M €	-2.4%	2,2 M €	+11.4%	2 M €	+32.3%	1,5 M €	+3.3%	1,5 M €	-18.9%	1,8 M €	-4.2%	1,9 M €	-5.2%	2 M €	+1.2%	2 M €	+6.6%	1,8 M €	+26.7%	1,5 M €	-7.4%	1,6 M €	+2.6%	1,5 M €	+1.3%	1,5 M €	-8.3%	1,6 M €	-6.4%	1,8 M €	-8.8%	1,9 M €	-5.3%	2 M €
Cash	1,1 M €	+162%	437,1 k €	-15.9%	519,5 k €	+19.2%	435,7 k €	+0.1%	435,2 k €	+37.7%	316,1 k €	+41.8%	223 k €	-34.1%	338,5 k €	+40.1%	241,6 k €	-27.8%	334,8 k €	+93.2%	173,3 k €	+144%	70,9 k €	-26.5%	96,6 k €	+39.3%	69,4 k €	-41.5%	118,5 k €	+108%	57,1 k €	-42.8%	99,7 k €	+83.0%	54,5 k €	-37.8%	87,5 k €	-25.8%	118 k €
Debts	814,8 k €	+65.4%	492,5 k €	-22.9%	638,6 k €	-41.0%	1,1 M €	+0.7%	1,1 M €	+38.6%	776,2 k €	-14.4%	906,9 k €	-32.9%	1,4 M €	-2.7%	1,4 M €	-10.5%	1,6 M €	+5.0%	1,5 M €	+17.8%	1,3 M €	+42.6%	879,5 k €	-17.4%	1,1 M €	+14.8%	927,8 k €	+9.0%	851,1 k €	-7.7%	921,9 k €	-2.8%	948,1 k €	-17.0%	1,1 M €	-11.8%	1,3 M €
Other
Workforce	7,2 ETP	+1.4%	7,1 ETP	-1.4%	7,2 ETP	-4.0%	7,5 ETP	+2.7%	7,3 ETP	+4.3%	7,0 ETP	-9.1%	7,7 ETP	-17.2%	9,3 ETP	-4.1%	9,7 ETP	+10.2%	8,8 ETP	+7.3%	8,2 ETP	-6.8%	8,8 ETP	+31.3%	6,7 ETP	-1.5%	6,8 ETP	-12.8%	7,8 ETP	0.0%	7,8 ETP	-8.2%	8,5 ETP	-8.6%	9,3 ETP	-3.1%	9,6 ETP	+31.5%	7,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 13 ended

Active mandates

Tim Heylen

Director · since 01 juillet 2002 · until 31 mai 2029

Active

Julien Heylen

Managing director · since 01 janvier 1994 · until 31 mai 2029

Active

Ended mandates

Julien Heylen

Managing director · since 16 juin 2006 · until 31 mai 2018

Ended

Julien Heylen

Managing director · since 01 juin 2006 · until 31 mai 2012

Ended

Julien Heylen

Managing director · since 01 juin 2006 · until 31 mai 2018

Ended

Tim Heylen

Director · since 01 juin 2006 · until 31 mai 2012

Ended

At this address

Other companies at this address

Company	CBE no.
Groeneveld Beka België● Active	0447.251.459

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	19/06/2026	25/06/2025	06/08/2024	20/06/2023	21/06/2022	15/06/2021
General meeting	22/05/2026	23/05/2025	24/05/2024	26/05/2023	27/05/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	19/06/2026	Dutch	PDF
Abridged model	31/12/2024	23/05/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	24/05/2024	06/08/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	20/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	15/06/2021	Dutch	PDF
Abridged model	31/12/2019	22/05/2020	09/06/2020	Dutch	PDF
Abridged model	31/12/2018	24/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	10/10/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	09/07/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	23/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	02/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	13/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 2 active · 13 ended

Active mandates

Tim Heylen

Director · since 01 juillet 2002 · until 31 mai 2029

Active

Julien Heylen

Managing director · since 01 janvier 1994 · until 31 mai 2029

Active

Ended mandates

Julien Heylen

Managing director · since 16 juin 2006 · until 31 mai 2018

Ended

Julien Heylen

Managing director · since 01 juin 2006 · until 31 mai 2012

Ended

Julien Heylen

Managing director · since 01 juin 2006 · until 31 mai 2018

Ended

Tim Heylen

Director · since 01 juin 2006 · until 31 mai 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Registered office22/08/2006
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/07/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2003
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2002
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 2025665,9 k €↑
2024
Annual accounts 2024524,5 k €↑
2023
Annual accounts 2023512,3 k €↑
2022
Annual accounts 2022454,5 k €↑
2021
Annual accounts 2021362,8 k €↑
2020
Annual accounts 2020290 k €↑
2019
Annual accounts 2019214,2 k €↑
2018
Annual accounts 2018132,4 k €↓
2017
Annual accounts 2017232,8 k €↑
2016
Annual accounts 2016122 k €↑
2015
Annual accounts 201565,6 k €↓
2014
Annual accounts 2014100,6 k €↓
2013
Annual accounts 2013145,2 k €↑
2012
Annual accounts 2012-4 k €↓
2011
Annual accounts 201131,3 k €↑
2010
Annual accounts 201025,6 k €↑
2009
Annual accounts 20094,7 k €↓
2008
Annual accounts 200894,8 k €↓
2007
Annual accounts 200799,1 k €↑
2006
Annual accounts 200628,3 k €
15/04/1994
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

Heylen

Overview

What does Heylen 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