ACTIVE

HEROFRE

Financial year 2025 · closed on 31/12/2025
Net result
-58,8 k €
-138.3% YoY
Gross margin
837,8 k €
-13.9% YoY
Equity
25 k €
-70.1% YoY
Workforce
16,2 ETP
-41.7% YoY

What does HEROFRE do?

HEROFRE is a Public limited company incorporated in 2001. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Leuven. It employs on average 16,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.204.582
Incorporation
16/07/2001
Legal form
Public limited company
Registered office
Tiensestraat 8
3000 Leuven · FlandreSee on map
Contributed capital
106 000,02 €
Latest accounts
31/12/2025
Average workforce
16,2 ETP
Joint committees (1)
  • 302
Signals
Positive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin837,8 k €972,8 k €959,7 k €863,3 k €432,7 k €1,1 M €1,2 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1 M €920,2 k €918,7 k €731,1 k €523,1 k €503,4 k €
EBITDA10 k €79,8 k €170,4 k €184,6 k €108,4 k €75,8 k €143,8 k €191,8 k €159 k €130,8 k €137 k €110 k €102,4 k €102,2 k €124,4 k €105,7 k €40 k €72,2 k €
Operating result-45,3 k €-3,5 k €85,1 k €96,4 k €14,1 k €-95,9 k €-13 k €51,7 k €72,7 k €94,8 k €100,4 k €16,8 k €-2,1 k €18,1 k €31 k €15,8 k €670,4 €30,7 k €
Net result-58,8 k €-24,7 k €71 k €86 k €3,3 k €-113,9 k €-25,3 k €26 k €42,8 k €45,7 k €15,9 k €4,7 k €-10,8 k €9,3 k €18,1 k €9,2 k €-2 k €4,3 k €
Balance sheet
Equity25 k €83,7 k €108,4 k €37,4 k €-48,5 k €126,7 k €240,6 k €266 k €239,9 k €197,1 k €107,4 k €140,3 k €135,6 k €146,4 k €137,1 k €119 k €109,8 k €111,9 k €
Total assets364,4 k €391,4 k €521,1 k €545,5 k €583,7 k €915,8 k €950,2 k €984,2 k €615,7 k €743,3 k €405,4 k €405,1 k €437,8 k €484,3 k €505,8 k €505,6 k €514,8 k €231,8 k €
Cash114,2 k €77,6 k €139 k €138,8 k €122,9 k €67,6 k €58,1 k €195,3 k €52,2 k €488,6 k €260,2 k €248,5 k €216,7 k €204,1 k €207,1 k €80,7 k €136,6 k €75 k €
Debts339,4 k €307,7 k €412,7 k €485,9 k €587,9 k €748,4 k €709,6 k €718,2 k €369,8 k €546,2 k €298 k €264,8 k €254,6 k €249,5 k €243,6 k €229,9 k €208,3 k €120 k €
Other
Workforce16,2 ETP27,8 ETP18,3 ETP17,9 ETP37,5 ETP33,3 ETP31,3 ETP29,0 ETP22,3 ETP26,8 ETP29,7 ETP26,0 ETP23,5 ETP22,8 ETP20,6 ETP21,9 ETP16,1 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 31/12/2025 · 2 active · 18 ended

Active mandates

ERICA VANDERWEGEN

Director

Active
LIMA

Director · 0459.381.310

Represented by Jan Roex

Active

Ended mandates

Erica Vanderwegen

Director · since 06 décembre 2013 · until 31 décembre 2025

Ended
Erica Vanderwegen

Managing director · since 06 décembre 2013 · until 31 décembre 2025

Ended
ERICA VANDERWEGEN

Managing director · since 06 décembre 2013 · until 31 décembre 2019

Ended
LIMA

Director · since 06 décembre 2013 · until 06 décembre 2019 · 0459.381.310

Represented by Roex Jan

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/07/202628/07/202527/08/202412/07/202314/07/202209/07/2021
General meeting30/06/202630/06/202530/06/202415/06/202315/06/202215/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202430/06/202528/07/2025DutchPDF
Abridged model31/12/202330/06/202427/08/2024DutchPDF
Abridged model31/12/202215/06/202312/07/2023DutchPDF
Abridged model31/12/202115/06/202214/07/2022DutchPDF
Abridged model31/12/202015/06/202109/07/2021DutchPDF
Abridged model31/12/201914/08/202031/08/2020DutchPDF
Abridged model31/12/201815/06/201931/07/2019DutchPDF
Abridged model31/12/201715/06/201831/08/2018DutchPDF
Abridged model31/12/201615/06/201719/09/2017DutchPDF
Abridged model31/12/201515/06/201611/08/2016DutchPDF
Abridged model31/12/201415/06/201519/08/2015DutchPDF
Abridged model31/12/201315/06/201429/08/2014DutchPDF
Abridged model31/12/201215/06/201318/07/2013DutchPDF
Abridged model31/12/201115/06/201229/08/2012DutchPDF
Abridged model31/12/201015/06/201125/08/2011DutchPDF
Abridged model31/12/200915/06/201016/08/2010DutchPDF
Abridged model31/12/200815/06/200931/08/2009DutchPDF
Abridged model31/12/200715/06/200829/08/2008DutchPDF
Abridged model31/12/200615/06/200717/07/2007DutchPDF
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 31/12/2025 · 2 active · 18 ended

Active mandates

ERICA VANDERWEGEN

Director

Active
LIMA

Director · 0459.381.310

Represented by Jan Roex

Active

Ended mandates

Erica Vanderwegen

Director · since 06 décembre 2013 · until 31 décembre 2025

Ended
Erica Vanderwegen

Managing director · since 06 décembre 2013 · until 31 décembre 2025

Ended
ERICA VANDERWEGEN

Managing director · since 06 décembre 2013 · until 31 décembre 2019

Ended
LIMA

Director · since 06 décembre 2013 · until 06 décembre 2019 · 0459.381.310

Represented by Roex Jan

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares05/02/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/01/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/11/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/01/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2007
    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

Timeline

  1. 2025
    Annual accounts 2025-58,8 k €
  2. 2024
    Annual accounts 2024-24,7 k €
  3. 2023
    Annual accounts 202371 k €
  4. 2022
    Annual accounts 202286 k €
  5. 2021
    Annual accounts 20213,3 k €
  6. 2018
    Annual accounts 2018-113,9 k €
  7. 2017
    Annual accounts 2017-25,3 k €
  8. 2016
    Annual accounts 201626 k €
  9. 2015
    Annual accounts 201542,8 k €
  10. 2014
    Annual accounts 201445,7 k €
  11. 2013
    Annual accounts 201315,9 k €
  12. 2012
    Annual accounts 20124,7 k €
  13. 2011
    Annual accounts 2011-10,8 k €
  14. 2010
    Annual accounts 20109,3 k €
  15. 2009
    Annual accounts 200918,1 k €
  16. 2008
    Annual accounts 20089,2 k €
  17. 2007
    Annual accounts 2007-2 k €
  18. 2006
    Annual accounts 20064,3 k €
  19. 16/07/2001
    IncorporationPublic limited company