ACTIVE

DEN HEERD

Financial year 2025 · closed on 31/12/2025
Net result
23,4 k €
-3.6% YoY
Gross margin
214,9 k €
+9.1% YoY
Equity
145 k €
+9.6% YoY

What does DEN HEERD do?

DEN HEERD is a Private limited company incorporated in 2002. Its registered office is in Lokeren.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.217.027
Incorporation
27/08/2002
Legal form
Private limited company
Registered office
Sportstraat 14
9180 Lokeren · FlandreSee on map
Contributed capital
8 600,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 302
  • 3020
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross margin214,9 k €197 k €88 k €145,6 k €154,7 k €114,6 k €112,9 k €123,9 k €154,7 k €92,5 k €96,6 k €87,2 k €97,1 k €97,9 k €77,7 k €84,4 k €92,3 k €64,4 k €43,2 k €
EBITDA72,4 k €68,8 k €28,1 k €60,4 k €103,9 k €50 k €51,6 k €40,2 k €58,7 k €36,5 k €39,3 k €33,9 k €46,5 k €39,3 k €12,7 k €18,6 k €16,2 k €2,7 k €-5,6 k €
Operating result37,7 k €37,2 k €2,5 k €41,4 k €84,4 k €23,9 k €25 k €13,5 k €29,4 k €15,2 k €17,9 k €2,4 k €15,1 k €11,7 k €2,1 k €10,9 k €13,3 k €-2,7 k €-10 k €
Net result23,4 k €24,2 k €-918,6 €26,6 k €65,9 k €10,3 k €12,2 k €2,2 k €12,6 k €1,9 k €4,6 k €-12,3 k €6,4 k €1,7 k €881,5 €8,6 k €13 k €-5 k €-14 k €
Balance sheet
Equity145 k €132,4 k €129,3 k €136,4 k €111 k €42,4 k €32,1 k €26 k €23,8 k €11,2 k €9,3 k €4,8 k €17 k €10,6 k €8,9 k €8 k €-615 €-13,6 k €-8,6 k €
Total assets264,8 k €251,1 k €230,6 k €266,2 k €255,6 k €234 k €245,5 k €262,2 k €297,4 k €270,8 k €260,3 k €276,1 k €309,8 k €314,9 k €78,8 k €78,3 k €42 k €34,5 k €34,3 k €
Cash31,4 k €28,1 k €15,9 k €5,7 k €63,7 k €11,1 k €10,6 k €10,2 k €47,6 k €27,2 k €6,2 k €5,6 k €11,6 k €9,9 k €9 k €11,9 k €9,9 k €4 k €7,6 k €
Debts119,7 k €118,7 k €101,3 k €129,9 k €144,6 k €190,8 k €212,5 k €235,4 k €269,9 k €258,7 k €250,5 k €271,4 k €292,8 k €304,3 k €69,9 k €70,3 k €42,6 k €48,1 k €42,6 k €
Other
Workforce1,3 ETP1,5 ETP1,4 ETP1,3 ETP1,4 ETP1,8 ETP2,0 ETP2,5 ETP2,2 ETP1,7 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 31/12/2025 · 1 active · 8 ended

Active mandates

SOFIANE EL HAJ

Manager

Active

Ended mandates

Chihab Hadj

Manager · until 31 mars 2016

Ended
Chihab Hadj

Manager

Ended
CHIHAB HADJ

Mandate

Ended
Marguerite Boone

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/06/202626/06/202529/08/202425/08/202331/08/202231/08/2021
General meeting17/04/202618/04/202519/04/202421/04/202315/04/202216/04/2021
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
Micro model31/12/202517/04/202629/06/2026DutchPDF
Micro model31/12/202418/04/202526/06/2025DutchPDF
Micro model31/12/202319/04/202429/08/2024DutchPDF
Micro model31/12/202221/04/202325/08/2023DutchPDF
Micro model31/12/202115/04/202231/08/2022DutchPDF
Micro model31/12/202016/04/202131/08/2021DutchPDF
Micro model31/12/201917/04/202028/10/2020DutchPDF
Micro model31/12/201819/04/201930/08/2019DutchPDF
Micro model31/12/201720/04/201830/08/2018DutchPDF
Micro model31/12/201621/04/201730/08/2017DutchPDF
Abridged model31/12/201515/04/201631/08/2016DutchPDF
Abridged model31/12/201417/04/201528/08/2015DutchPDF
Abridged model31/12/201318/04/201428/08/2014DutchPDF
Abridged model31/12/201219/04/201329/09/2013DutchPDF
Abridged model31/12/201120/04/201226/10/2012DutchPDF
Abridged model31/12/201015/04/201130/08/2011DutchPDF
Abridged model31/12/200916/04/201017/09/2010DutchPDF
Abridged model31/12/200817/04/200913/08/2009DutchPDF
Abridged model31/12/200727/06/200827/08/2008DutchPDF
Abridged model31/12/200629/06/200730/08/2007DutchPDF
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 · 1 active · 8 ended

Active mandates

SOFIANE EL HAJ

Manager

Active

Ended mandates

Chihab Hadj

Manager · until 31 mars 2016

Ended
Chihab Hadj

Manager

Ended
CHIHAB HADJ

Mandate

Ended
Marguerite Boone

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office07/07/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/01/2023
    WIJZIGING RECHTSVORM - 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 202523,4 k €
  2. 2024
    Annual accounts 202424,2 k €
  3. 2023
    Annual accounts 2023-918,6 €
  4. 2022
    Annual accounts 202226,6 k €
  5. 2021
    Annual accounts 202165,9 k €
  6. 2021
    Name changeDen Nieuwen Heerd
  7. 2019
    Annual accounts 201910,3 k €
  8. 2018
    Annual accounts 201812,2 k €
  9. 2017
    Annual accounts 20172,2 k €
  10. 2016
    Annual accounts 201612,6 k €
  11. 2015
    Annual accounts 20151,9 k €
  12. 2014
    Annual accounts 20144,6 k €
  13. 2013
    Annual accounts 2013-12,3 k €
  14. 2012
    Annual accounts 20126,4 k €
  15. 2011
    Annual accounts 20111,7 k €
  16. 2010
    Annual accounts 2010881,5 €
  17. 2009
    Annual accounts 20098,6 k €
  18. 2008
    Annual accounts 200813 k €
  19. 2007
    Annual accounts 2007-5 k €
  20. 2006
    Annual accounts 2006-14 k €
  21. 2006
    Name changeDEN HEERD
  22. 27/08/2002
    IncorporationPrivate limited company