ACTIVE

VH PARTNERS

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Financial year 2025 · closed on 31/12/2025

Net result

952,8 k €

+4805.6% YoY

Gross margin

-5,7 k €

+55.4% YoY

Equity

476,6 k €

+1900.5% YoY

What does VH PARTNERS do?

VH PARTNERS is a Private limited company incorporated in 1998. Its registered office is in Brecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0462.678.023

Incorporation

25/02/1998

Legal form

Private limited company

Registered office

Pallieterlaan 13
2960 Brecht · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2009		2008		2007		2006
Income statement
Gross margin	-5,7 k €	+55.4%	-12,8 k €	-134%	37,6 k €	-20.7%	47,4 k €	+4.3%	45,5 k €	-8.2%	49,6 k €	+8998%	-557,2 €	+63.7%	-1,5 k €	-187%	1,8 k €	-97.5%	71,5 k €	+24.0%	57,7 k €	+310%	14,1 k €	+15866%	-89,2 €
EBITDA	-6,3 k €	+52.8%	-13,3 k €	-140%	33,7 k €	-28.3%	47 k €	+4.6%	45 k €	-8.5%	49,1 k €	+5530%	-904,7 €	+59.4%	-2,2 k €	-268%	1,3 k €	+199%	-1,3 k €	-102%	56,3 k €	+313%	13,6 k €	+2017%	-711,4 €
Operating result	-11,8 k €	+40.2%	-19,8 k €	-176%	26 k €	-32.1%	38,3 k €	-6.4%	40,9 k €	-16.8%	49,1 k €	+5530%	-904,7 €	+59.4%	-2,2 k €	-268%	1,3 k €	+149%	-2,7 k €	-105%	55,8 k €	+309%	13,6 k €	+2017%	-711,4 €
Net result	952,8 k €	+4806%	-20,2 k €	-216%	17,4 k €	-90.5%	182,5 k €	+2.0%	178,9 k €	+350%	39,8 k €	+2428%	1,6 k €	+334%	362,3 €	-87.7%	3 k €	+183%	1 k €	-97.3%	39,3 k €	+229%	11,9 k €	+1184%	-1,1 k €
Balance sheet
Equity	476,6 k €	+1900%	23,8 k €	-45.9%	44,1 k €	+65.4%	26,6 k €	+10.5%	24,1 k €	-4.2%	25,2 k €	-0.9%	25,4 k €	+6.6%	23,8 k €	+1.5%	23,5 k €	-61.2%	60,5 k €	+14.5%	52,8 k €	+290%	13,5 k €	+746%	1,6 k €
Total assets	1,2 M €	+221%	385,2 k €	+1.0%	381,5 k €	-49.6%	756,8 k €	+40.4%	539,1 k €	+87.4%	287,7 k €	+0.2%	287,2 k €	+0.2%	286,6 k €	-11.9%	325,5 k €	+103%	160,7 k €	+81.4%	88,6 k €	+281%	23,3 k €	+1097%	1,9 k €
Cash	1,1 k €	+105%	529,7 €	+31.4%	403 €	-99.2%	50,7 k €	+5237%	950,4 €	-51.0%	1,9 k €	+31519%	6,1 €	-99.1%	676,8 €	+30.5%	518,4 €	-97.8%	23,3 k €	+408%	4,6 k €	+330%	1,1 k €	+264%	292,8 €
Debts	501,2 k €	+397%	100,7 k €	+31.2%	76,8 k €	-83.6%	469,6 k €	+84.6%	254,3 k €	+13534%	1,9 k €	+57.5%	1,2 k €	-45.3%	2,2 k €	-94.8%	41,4 k €	+47.2%	28,1 k €	+29.2%	21,8 k €	+123%	9,7 k €	+2727%	344,4 €

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 31/12/2025 · 2 active · 2 ended

Active mandates

Joeri Vanhuynegem

Director

Active

Nadia Bonte

Director

Active

Ended mandates

Joeri Vanhuynegem

Mandate

Ended

Joeri Vanhuynegem

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AROHA GROUP● Active	0801.676.690
MAXEST FINANCE● Active	0835.281.549
MAXEST HOLDINGS● Active	0799.929.801
MFO.ONE● Active	0690.615.254
NAKUPENDA● Active	1023.039.006
THE LEMNISCATE TREE● Active	1031.513.638
VILLA VERDE INVESTMENT● Active	0453.372.951

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	07/07/2026	23/06/2025	29/07/2024	11/07/2023	27/06/2022	08/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
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

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	07/07/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	11/07/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	27/06/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	08/07/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	24/06/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	15/07/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	16/08/2007	Dutch	PDF

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 31/12/2025 · 2 active · 2 ended

Active mandates

Joeri Vanhuynegem

Director

Active

Nadia Bonte

Director

Active

Ended mandates

Joeri Vanhuynegem

Mandate

Ended

Joeri Vanhuynegem

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Registered office04/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/04/2018
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other29/01/2015
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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 2025952,8 k €↑
2024
Annual accounts 2024-20,2 k €↓
2023
Annual accounts 202317,4 k €↓
2022
Annual accounts 2022182,5 k €↑
2022
Name changeVH Partners
2021
Annual accounts 2021178,9 k €↑
2020
Annual accounts 202039,8 k €↑
2019
Annual accounts 20191,6 k €↑
2018
Annual accounts 2018362,3 €↓
2017
Annual accounts 20173 k €↑
2009
Annual accounts 20091 k €↓
2008
Annual accounts 200839,3 k €↑
2007
Annual accounts 200711,9 k €↑
2006
Annual accounts 2006-1,1 k €
2006
Name changeVanhuynegem and partners
25/02/1998
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

VH PARTNERS

Overview

What does VH PARTNERS do?

Trend over 13 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