VH STABLES
0460.955.876 · rovalta.com · 23/09/2026
ACTIVE
VH STABLES
Financial year 2025 · closed on 31/12/2025
Net result
37,8 k €
+7.7% YoY
Gross margin
-1,9 k €
+49.2% YoY
Equity
252,3 k €
+17.6% YoY
Overview
What does VH STABLES do?
VH STABLES is a Private limited company incorporated in 1997. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Aalter.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0460.955.876
Incorporation
27/06/1997
Legal form
Private limited company
Registered office
Hageland 3
9880 Aalter · FlandreSee on map
9880 Aalter · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 100
- 218
Signals
ProfitableSolid equityLow riskPositive cashflow
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | -1,9 k € | +49.2% | -3,7 k € | -41.7% | -2,6 k € | +68.9% | -8,4 k € | +12.6% | -9,6 k € | -139% | 24,9 k € | -31.0% | 36,1 k € | -20.3% | 45,3 k € | +66.2% | 27,3 k € | -39.9% | 45,3 k € | -43.7% | 80,5 k € | +18.5% | 68 k € | -33.7% | 102,5 k € | +121% | 46,5 k € | -3.0% | 47,9 k € | -21.0% | 60,6 k € | +142% | 25,1 k € | -5.3% | 26,5 k € |
| EBITDA | -3,8 k € | +31.8% | -5,6 k € | -21.5% | -4,6 k € | +54.1% | -10,1 k € | +11.3% | -11,4 k € | -149% | 23,4 k € | -32.4% | 34,6 k € | -20.7% | 43,6 k € | +77.6% | 24,5 k € | -28.9% | 34,5 k € | -30.4% | 49,6 k € | -11.9% | 56,3 k € | -5.5% | 59,6 k € | +69.8% | 35,1 k € | -6.4% | 37,5 k € | -25.8% | 50,5 k € | +227% | 15,4 k € | -12.5% | 17,7 k € |
| Operating result | -4,9 k € | +19.7% | -6,1 k € | +11.1% | -6,8 k € | +44.4% | -12,3 k € | +9.5% | -13,6 k € | -177% | 17,6 k € | -38.8% | 28,8 k € | -23.5% | 37,7 k € | +369% | 8 k € | -53.1% | 17,2 k € | -44.3% | 30,8 k € | -8.1% | 33,5 k € | -10.0% | 37,2 k € | +41.2% | 26,4 k € | -12.6% | 30,2 k € | +435% | 5,6 k € | +120% | 2,6 k € | -52.3% | 5,4 k € |
| Net result | 37,8 k € | +7.7% | 35,1 k € | +7.3% | 32,7 k € | +28.0% | 25,6 k € | +8.9% | 23,5 k € | +2108% | 1,1 k € | -86.6% | 7,9 k € | -55.3% | 17,8 k € | +264% | -10,9 k € | -394% | -2,2 k € | -132% | 7 k € | +12.9% | 6,2 k € | -26.1% | 8,4 k € | +450% | 1,5 k € | -68.7% | 4,9 k € | +195% | -5,1 k € | -1823% | 298 € | -84.9% | 2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 252,3 k € | +17.6% | 214,4 k € | +19.6% | 179,3 k € | +22.3% | 146,6 k € | +21.1% | 121 k € | +91.7% | 63,1 k € | +1.7% | 62,1 k € | +14.7% | 54,1 k € | +48.9% | 36,3 k € | -23.0% | 47,2 k € | +9.2% | 43,2 k € | +19.2% | 36,3 k € | +20.5% | 30,1 k € | +38.5% | 21,7 k € | +7.5% | 20,2 k € | +31.6% | 15,3 k € | -25.1% | 20,5 k € | +1.5% | 20,2 k € |
| Total assets | 463 k € | +1.0% | 458,2 k € | +1.0% | 453,5 k € | +0.7% | 450,2 k € | -0.5% | 452,4 k € | -1.4% | 458,9 k € | +12.9% | 406,5 k € | -3.5% | 421,4 k € | +1.2% | 416,3 k € | -2.6% | 427,5 k € | -2.9% | 440,4 k € | -2.4% | 451,5 k € | -2.4% | 462,7 k € | +8.3% | 427,3 k € | -3.3% | 442 k € | +0.8% | 438,4 k € | +951% | 41,7 k € | -11.9% | 47,4 k € |
| Cash | 18,7 k € | +330% | 4,3 k € | -12.1% | 4,9 k € | +175% | 1,8 k € | +9.6% | 1,6 k € | +654% | 217,3 € | -95.4% | 4,7 k € | -41.4% | 8 k € | +125% | 3,6 k € | +112% | 1,7 k € | -88.3% | 14,3 k € | +35.0% | 10,6 k € | +32.1% | 8 k € | -40.0% | 13,3 k € | -46.4% | 24,9 k € | +177% | 9 k € | -27.4% | 12,4 k € | -9.3% | 13,6 k € |
| Debts | 196,5 k € | -14.4% | 229,6 k € | -11.7% | 260 k € | -10.2% | 289,4 k € | -8.8% | 317,2 k € | -16.9% | 381,6 k € | +15.6% | 330,2 k € | -6.5% | 353,1 k € | -3.5% | 365,7 k € | +1.7% | 359,6 k € | -4.5% | 376,6 k € | -6.1% | 401,1 k € | -0.5% | 403,2 k € | -0.6% | 405,6 k € | -3.9% | 421,8 k € | -0.3% | 423,1 k € | +1892% | 21,2 k € | -21.8% | 27,2 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 0,4 ETP | -33.3% | 0,6 ETP | 0.0% | 0,6 ETP | +200% | 0,2 ETP | 0.0% | 0,2 ETP | 0.0% | 0,2 ETP | 0.0% | 0,2 ETP | 0.0% | 0,2 ETP | 0.0% | 0,2 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Edward Van Hulle
ActiveEnded mandates
Charlotte Van Hulle
EndedCharlotte Van Hulle
EndedEdward Michel Van Hulle
EndedMichel Van Hulle Edward
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
| 0543.707.665 |
Financials
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 | 05/06/2026 | 04/06/2025 | 03/06/2024 | 17/06/2023 | 24/06/2022 | 28/06/2021 |
| General meeting | 30/05/2026 | 31/05/2025 | 25/05/2024 | 27/05/2023 | 28/05/2022 | 29/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/05/2026 | 05/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 31/05/2025 | 04/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 25/05/2024 | 03/06/2024 | Dutch | |
| Abridged model | 31/12/2022 | 27/05/2023 | 17/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 28/05/2022 | 24/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 29/05/2021 | 28/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/05/2020 | 26/06/2020 | Dutch | |
| Micro model | 31/12/2018 | 25/05/2019 | 19/06/2019 | Dutch | |
| Micro model | 31/12/2017 | 26/05/2018 | 25/06/2018 | Dutch | |
| Micro model | 31/12/2016 | 27/05/2017 | 22/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 28/05/2016 | 26/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 30/05/2015 | 26/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/05/2014 | 30/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/05/2013 | 20/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 30/05/2012 | 29/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/05/2011 | 13/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/05/2010 | 25/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 30/05/2009 | 25/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/06/2008 | 11/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 03/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Edward Van Hulle
ActiveEnded mandates
Charlotte Van Hulle
EndedCharlotte Van Hulle
EndedEdward Michel Van Hulle
EndedMichel Van Hulle Edward
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates16/08/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates29/11/2021ONTSLAGEN - BENOEMINGEN
- Mandates07/10/2016ONTSLAGEN - BENOEMINGEN
- Registered office21/01/2014BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares20/10/2003DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202537,8 k €↑
- 2024Annual accounts 202435,1 k €↑
- 2023Annual accounts 202332,7 k €↑
- 2022Annual accounts 202225,6 k €↑
- 2021Annual accounts 202123,5 k €↑
- 2018Annual accounts 20181,1 k €↓
- 2017Annual accounts 20177,9 k €↓
- 2016Annual accounts 201617,8 k €↑
- 2015Annual accounts 2015-10,9 k €↓
- 2014Annual accounts 2014-2,2 k €↓
- 2013Annual accounts 20137 k €↑
- 2012Annual accounts 20126,2 k €↓
- 2011Annual accounts 20118,4 k €↑
- 2010Annual accounts 20101,5 k €↓
- 2009Annual accounts 20094,9 k €↑
- 2008Annual accounts 2008-5,1 k €↓
- 2007Annual accounts 2007298 €↓
- 2006Annual accounts 20062 k €
- 27/06/1997IncorporationPrivate limited company