ACTIVE

V.H.

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Financial year 2025 · closed on 31/03/2025
Net result
123,5 k €
+90.1% YoY
Gross margin
57,3 k €
+58.4% YoY
Equity
2,3 M €
+5.7% YoY

What does V.H. do?

V.H. is a Private limited company incorporated in 1996. Its main activity is: Management consultancy activities. Its registered office is in Brugge.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0458.057.655
Incorporation
23/05/1996
Legal form
Private limited company
Registered office
Lieven Bauwensstraat 20
8200 Brugge · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/03/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Joint committees (2)
  • 112
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152013201220112010200920082007
Income statement
Gross margin57,3 k €36,2 k €78,3 k €-54,4 k €22 k €198,9 k €180,3 k €425,1 k €219,6 k €313,9 k €362,9 k €467,6 k €275,8 k €105,5 k €246,8 k €379,9 k €262,6 k €581,6 k €
EBITDA55,7 k €32,5 k €76,5 k €-56,4 k €4,9 k €197,8 k €176,3 k €421,1 k €216,3 k €-100,5 k €102,2 k €64,2 k €271,9 k €101,6 k €243,9 k €376,1 k €254,1 k €541,8 k €
Operating result43,1 k €19,9 k €63,9 k €-69 k €-772,4 €197,8 k €176,3 k €421,1 k €216,3 k €-100,5 k €116 k €63,3 k €258,5 k €87,8 k €224,9 k €356,4 k €220,6 k €488,9 k €
Net result123,5 k €65 k €97,7 k €14 k €50,1 k €70,4 k €60,6 k €66,2 k €215,3 k €79,7 k €125,8 k €48,9 k €192,4 k €57,6 k €158,4 k €285,7 k €136,9 k €284,4 k €
Balance sheet
Equity2,3 M €2,2 M €2,2 M €2,1 M €2,1 M €2 M €1,9 M €1,9 M €1,8 M €1,6 M €1,5 M €1,7 M €1,7 M €1,5 M €1,5 M €1,3 M €1,2 M €1,1 M €
Total assets2,6 M €2,3 M €2,3 M €2,2 M €2,3 M €2,3 M €2,2 M €2,2 M €2,4 M €2,1 M €2,7 M €2,5 M €2,8 M €2,5 M €2,6 M €3,3 M €3,2 M €3,2 M €
Cash5,3 k €134,7 €734,1 €4,2 k €263,1 k €2,9 k €4,1 k €1,3 k €108,5 k €3,7 k €183,9 k €99,3 k €82,8 k €128 k €35,8 k €65,4 k €16,7 k €273,2 k €
Debts329,5 k €159,4 k €90 k €136 k €265,6 k €293,2 k €294,5 k €285,3 k €580,5 k €536,4 k €1,2 M €802,1 k €1,1 M €938,8 k €1,1 M €1,9 M €1,9 M €2,1 M €
Other
Workforce–––––––––––––––––0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 10 ended

Active mandates

SERGE VAN HULLE

Director · since 15 septembre 2014

Active

Ended mandates

SERGE VAN HULLE

Manager · since 15 septembre 2014

Ended
SERGE VAN HULLE

Managing director · since 05 janvier 2010

Ended
Alexy Samokhin

Director · since 09 décembre 2009

Ended
SERGE VAN HULLE

Director · since 09 décembre 2009

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/10/202506/11/202424/10/202311/10/202202/11/202110/11/2020
General meeting14/10/202520/09/202420/09/202320/09/202220/09/202120/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202514/10/202529/10/2025DutchPDF
Micro model31/03/202420/09/202406/11/2024DutchPDF
Micro model31/03/202320/09/202324/10/2023DutchPDF
Micro model31/03/202220/09/202211/10/2022DutchPDF
Micro model31/03/202120/09/202102/11/2021DutchPDF
Micro model31/03/202020/09/202010/11/2020DutchPDF
Micro model31/03/201920/09/201930/10/2019DutchPDF
Micro model31/03/201820/09/201818/10/2018DutchPDF
Micro model31/03/201720/09/201726/10/2017DutchPDF
Abridged model31/03/201620/09/201626/10/2016DutchPDF
Abridged model31/03/201520/09/201529/09/2015DutchPDF
Abridged model30/06/201311/12/201312/12/2013DutchPDF
Abridged model30/06/201212/12/201213/12/2012DutchPDF
Abridged model30/06/201120/01/201207/02/2012DutchPDF
Abridged model30/06/201020/01/201102/02/2011DutchPDF
Abridged model30/06/200920/01/201015/02/2010DutchPDF
Abridged model30/06/200820/01/200904/02/2009DutchPDF
Abridged model30/06/200712/12/200711/01/2008DutchPDF
Abridged model30/06/200620/01/200715/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/03/2025 · 1 active · 10 ended

Active mandates

SERGE VAN HULLE

Director · since 15 septembre 2014

Active

Ended mandates

SERGE VAN HULLE

Manager · since 15 septembre 2014

Ended
SERGE VAN HULLE

Managing director · since 05 janvier 2010

Ended
Alexy Samokhin

Director · since 09 décembre 2009

Ended
SERGE VAN HULLE

Director · since 09 décembre 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/10/2014
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other23/07/2014
    ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office10/12/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/03/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/03/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/01/2006
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares22/04/2005
    KAPITAAL - AANDELEN - 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

Timeline

  1. 2025
    Annual accounts 2025123,5 k €↑
  2. 2024
    Annual accounts 202465 k €↓
  3. 2023
    Annual accounts 202397,7 k €↑
  4. 2022
    Annual accounts 202214 k €↓
  5. 2021
    Annual accounts 202150,1 k €↓
  6. 2020
    Annual accounts 202070,4 k €↑
  7. 2019
    Annual accounts 201960,6 k €↓
  8. 2018
    Annual accounts 201866,2 k €↓
  9. 2017
    Annual accounts 2017215,3 k €↑
  10. 2016
    Annual accounts 201679,7 k €↓
  11. 2015
    Annual accounts 2015125,8 k €↑
  12. 2013
    Annual accounts 201348,9 k €↓
  13. 2012
    Annual accounts 2012192,4 k €↑
  14. 2011
    Annual accounts 201157,6 k €↓
  15. 2010
    Annual accounts 2010158,4 k €↓
  16. 2009
    Annual accounts 2009285,7 k €↑
  17. 2008
    Annual accounts 2008136,9 k €↓
  18. 2007
    Annual accounts 2007284,4 k €
  19. 23/05/1996
    IncorporationPrivate limited company