ACTIVE

HEIRMAN

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Financial year 2025 · closed on 31/12/2025

Net result

213,3 k €

-30.9% YoY

Gross margin

1,2 M €

-6.8% YoY

Equity

1,3 M €

-20.5% YoY

Workforce

12,9 ETP

+8.4% YoY

What does HEIRMAN do?

HEIRMAN is a Private limited company incorporated in 1996. Its registered office is in Sint-Niklaas. It employs on average 12,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.734.882

Incorporation

10/04/1996

Legal form

Private limited company

Registered office

Hertjen 111
9100 Sint-Niklaas · FlandreSee on map

Contributed capital

330 600,00 €

Latest accounts

31/12/2025

Average workforce

12,9 ETP

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	-6.8%	1,3 M €	-7.6%	1,4 M €	+19.6%	1,2 M €	+5.3%	1,1 M €	+125%	487,9 k €	-9.9%	541,2 k €	-21.5%	689,5 k €	-20.5%	867,3 k €	+40.0%	619,6 k €	-4.9%	651,2 k €	+10.3%	590,3 k €	+41.8%	416,3 k €	+16.7%	356,6 k €	+14.9%	310,3 k €	+8.2%	286,7 k €	+31.7%	217,7 k €
EBITDA	370,8 k €	-23.3%	483,6 k €	-36.7%	764,2 k €	+28.0%	597,1 k €	+1.9%	586,1 k €	+249%	167,8 k €	-27.0%	229,7 k €	-41.9%	395,3 k €	-24.6%	524,6 k €	+76.2%	297,7 k €	-13.0%	342,2 k €	+8.2%	316,3 k €	+30.5%	242,4 k €	+25.7%	192,8 k €	+23.8%	155,7 k €	-3.1%	160,7 k €	+45.5%	110,4 k €
Operating result	266,8 k €	-29.3%	377,5 k €	-42.9%	661 k €	+35.3%	488,3 k €	+2.2%	477,9 k €	+1046%	41,7 k €	-69.2%	135,2 k €	-59.7%	335,6 k €	-26.2%	454,7 k €	+109%	218 k €	-17.5%	264,2 k €	+31.0%	201,7 k €	+16.3%	173,4 k €	+8.4%	160 k €	+31.4%	121,8 k €	+0.3%	121,4 k €	+37.1%	88,5 k €
Net result	213,3 k €	-30.9%	308,8 k €	-40.9%	522,1 k €	+36.7%	382 k €	+9.8%	347,9 k €	+476%	60,4 k €	-45.5%	110,8 k €	-50.4%	223,4 k €	-15.1%	263 k €	+53.9%	170,9 k €	-26.4%	232,1 k €	+37.6%	168,7 k €	+20.1%	140,5 k €	+2.7%	136,9 k €	+28.1%	106,9 k €	+4.1%	102,6 k €	+32.6%	77,4 k €
Balance sheet
Equity	1,3 M €	-20.5%	1,7 M €	-24.6%	2,2 M €	+30.3%	1,7 M €	+14.1%	1,5 M €	+8.3%	1,4 M €	-20.0%	1,7 M €	+6.2%	1,6 M €	+6.8%	1,5 M €	+14.1%	1,3 M €	+14.4%	1,2 M €	+14.8%	1 M €	+19.0%	854,2 k €	+19.1%	716,9 k €	+22.9%	583,3 k €	+22.4%	476,4 k €	+26.4%	377 k €
Total assets	3,4 M €	-16.3%	4,1 M €	+57.6%	2,6 M €	+0.2%	2,6 M €	+10.2%	2,4 M €	+7.0%	2,2 M €	+12.3%	2 M €	-3.5%	2 M €	+1.7%	2 M €	+17.5%	1,7 M €	+12.8%	1,5 M €	+8.8%	1,4 M €	-9.8%	1,5 M €	+76.9%	867,4 k €	+30.2%	666,2 k €	+6.1%	628,1 k €	+28.4%	489,2 k €
Cash	663,2 k €	-23.2%	863,8 k €	+19.2%	724,4 k €	-11.0%	814,3 k €	+6.3%	765,8 k €	+61.6%	474 k €	-28.7%	664,9 k €	-28.7%	932 k €	-0.8%	939,1 k €	+30.9%	717,2 k €	+34.8%	532,2 k €	+0.4%	530,2 k €	-38.9%	867,7 k €	+130%	377,1 k €	+83.5%	205,5 k €	+47.2%	139,6 k €	-49.6%	277 k €
Debts	2,1 M €	-13.5%	2,4 M €	+545%	374,7 k €	-57.2%	875,1 k €	+3.1%	848,6 k €	+3.9%	817,1 k €	+249%	234,1 k €	-42.2%	405,1 k €	-14.7%	474,7 k €	+30.3%	364,2 k €	+7.7%	338 k €	-7.4%	364,9 k €	-46.4%	680,5 k €	+360%	147,9 k €	+90.5%	77,7 k €	-46.9%	146,2 k €	+33.4%	109,6 k €
Other
Workforce	12,9 ETP	+8.4%	11,9 ETP	+15.5%	10,3 ETP	-10.4%	11,5 ETP	+30.7%	8,8 ETP	+29.4%	6,8 ETP	+1.5%	6,7 ETP	+11.7%	6,0 ETP	-18.9%	7,4 ETP	+1.4%	7,3 ETP	-3.9%	7,6 ETP	+11.8%	6,8 ETP	+70.0%	4,0 ETP	0.0%	4,0 ETP	+5.3%	3,8 ETP	+35.7%	2,8 ETP	-3.4%	2,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Statief Bouwgroep

Director · since 28 mars 2024 · 1007.453.282

Represented by Dominique HEIRMAN

Active

Ended mandates

Peter Heirman

Director

Ended

Peter Heirman

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Statief Bouwgroep● Active	1007.453.282
Van Dorsselaere Build● Active	0761.959.051

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	23/03/2026	16/06/2025	28/03/2024	07/07/2023	16/05/2022	29/06/2021
General meeting	19/03/2026	06/06/2025	22/03/2024	30/06/2023	29/04/2022	25/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/03/2026	23/03/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	16/06/2025	Dutch	PDF
Abridged model	31/12/2023	22/03/2024	28/03/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	29/04/2022	16/05/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	14/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	05/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/03/2017	28/04/2017	Dutch	PDF
Abridged model	31/12/2015	25/03/2016	08/04/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	27/05/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	10/07/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	22/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	23/03/2007	30/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Statief Bouwgroep

Director · since 28 mars 2024 · 1007.453.282

Represented by Dominique HEIRMAN

Active

Ended mandates

Peter Heirman

Director

Ended

Peter Heirman

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Capital / shares22/05/2018
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares24/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/09/2004
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - 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 2025213,3 k €↓
2024
Annual accounts 2024308,8 k €↓
2024
Name changeHEIRMAN
2023
Annual accounts 2023522,1 k €↑
2022
Annual accounts 2022382 k €↑
2021
Annual accounts 2021347,9 k €↑
2021
Name changePETER HEIRMAN
2018
Annual accounts 201860,4 k €↓
2017
Annual accounts 2017110,8 k €↓
2016
Annual accounts 2016223,4 k €↓
2015
Annual accounts 2015263 k €↑
2014
Annual accounts 2014170,9 k €↓
2013
Annual accounts 2013232,1 k €↑
2012
Annual accounts 2012168,7 k €↑
2011
Annual accounts 2011140,5 k €↑
2010
Annual accounts 2010136,9 k €↑
2009
Annual accounts 2009106,9 k €↑
2008
Annual accounts 2008102,6 k €↑
2007
Annual accounts 200777,4 k €
10/04/1996
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

HEIRMAN

Overview

What does HEIRMAN do?

Trend over 17 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