ACTIVE

AHF PROJECTS

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Financial year 2024 · closed on 31/12/2024

Net result

43 k €

+16.0% YoY

Gross margin

103,2 k €

-15.4% YoY

Equity

1,7 M €

+2.7% YoY

What does AHF PROJECTS do?

AHF PROJECTS is a Public limited company incorporated in 2002. Its main activity is: General cleaning of buildings. Its registered office is in Brecht.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0478.626.308

Incorporation

21/10/2002

Legal form

Public limited company

Registered office

Brugstraat 114
2960 Brecht · FlandreSee on map

Contributed capital

1 408 025,00 €

Latest accounts

31/12/2024

Activities (NACE)

81210General cleaning of buildings· main 81210General cleaning of buildings 41001Construction of buildings 41201Construction of residential and non-residential buildings

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	103,2 k €	-15.4%	122 k €	-28.2%	169,8 k €	-8.5%	185,7 k €	-2.6%	190,7 k €	+28.9%	148 k €	+277%	-83,8 k €	-182%	101,7 k €	+3110%	-3,4 k €	-115%	22,1 k €	+142%	-52,7 k €	-143%	121,3 k €	+47.0%	82,5 k €	+358%	18 k €	+754%	-2,8 k €	-112%	23,2 k €	+1171%	1,8 k €	-64.1%	5,1 k €	+371%	-1,9 k €
EBITDA	96,1 k €	-16.2%	114,6 k €	+7.4%	106,7 k €	+6.3%	100,4 k €	+10.4%	90,9 k €	+29.4%	70,3 k €	+164%	-110,7 k €	-257%	70,7 k €	+417%	-22,3 k €	-2877%	802,9 €	+101%	-75 k €	-176%	99,1 k €	+46.9%	67,5 k €	+10368%	-657,1 €	+83.9%	-4,1 k €	-119%	21,8 k €	+7105%	303,1 €	-88.8%	2,7 k €	+203%	-2,6 k €
Operating result	41,2 k €	+6.0%	38,8 k €	+90.0%	20,4 k €	+4.8%	19,5 k €	-25.3%	26,1 k €	+138%	11 k €	+108%	-140,4 k €	-320%	63,9 k €	+304%	-31,3 k €	-170%	-11,6 k €	+86.9%	-88,3 k €	-202%	86,4 k €	+54.7%	55,8 k €	+4105%	-1,4 k €	+71.0%	-4,8 k €	-146%	10,4 k €	+194%	-11,1 k €	-27.7%	-8,7 k €	-220%	-2,7 k €
Net result	43 k €	+16.0%	37,1 k €	+39.5%	26,6 k €	+10.6%	24,1 k €	-39.4%	39,7 k €	+13.8%	34,9 k €	+133%	-104,5 k €	-195%	109,8 k €	+1672%	6,2 k €	-85.4%	42,5 k €	+5.3%	40,4 k €	-63.0%	109,2 k €	+247%	31,5 k €	+532%	5 k €	+202%	-4,9 k €	-147%	10,4 k €	+194%	-11,1 k €	-29.2%	-8,6 k €	-221%	-2,7 k €
Balance sheet
Equity	1,7 M €	+2.7%	1,6 M €	+2.3%	1,6 M €	+1.7%	1,6 M €	+1.6%	1,5 M €	+2.7%	1,5 M €	+2.4%	1,5 M €	-6.7%	1,6 M €	+0.6%	1,6 M €	-5.7%	1,6 M €	+2.6%	1,6 M €	+2.6%	1,6 M €	+7.5%	1,5 M €	+3973%	35,8 k €	+16.2%	30,8 k €	-13.7%	35,7 k €	+41.3%	25,2 k €	-30.6%	36,4 k €	-19.2%	45 k €
Total assets	3,7 M €	-8.1%	4 M €	+13.1%	3,6 M €	-1.4%	3,6 M €	-8.4%	4 M €	+9.6%	3,6 M €	+1.1%	3,6 M €	+67.1%	2,1 M €	+17.4%	1,8 M €	-25.0%	2,4 M €	-28.0%	3,4 M €	-11.2%	3,8 M €	+12.3%	3,4 M €	+4832%	68,5 k €	+68.2%	40,8 k €	-15.4%	48,2 k €	+38.3%	34,8 k €	-33.2%	52,2 k €	+12.2%	46,5 k €
Cash	6,3 €	-99.8%	3,9 k €	-63.7%	10,7 k €	-87.1%	82,5 k €	-91.7%	992,5 k €	+805%	109,7 k €	+315%	26,4 k €	-38.4%	42,9 k €	+3.5%	41,4 k €	-71.9%	147,5 k €	+3008%	4,7 k €	-91.1%	53,6 k €	-53.0%	114,1 k €	+313%	27,6 k €	+3079%	869,4 €	-86.7%	6,5 k €	-67.8%	20,2 k €	-20.7%	25,5 k €	-41.6%	43,7 k €
Debts	2,1 M €	-15.3%	2,4 M €	+21.6%	2 M €	-3.7%	2,1 M €	-14.7%	2,4 M €	+14.6%	2,1 M €	+0.2%	2,1 M €	+269%	572,9 k €	+115%	266,5 k €	-65.8%	779,4 k €	-55.9%	1,8 M €	-10.7%	2 M €	+4.2%	1,9 M €	+5688%	32,8 k €	+229%	10 k €	-20.5%	12,5 k €	+30.6%	9,6 k €	-39.1%	15,8 k €	+954%	1,5 k €
Other
Workforce	–		–		0,6 ETP	-25.0%	0,8 ETP	-27.3%	1,1 ETP	0.0%	1,1 ETP	+120%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-16.7%	0,6 ETP	-25.0%	0,8 ETP	+33.3%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 9 ended

Active mandates

AHF INVEST

Director · since 26 décembre 2019 · until 20 mai 2026 · 0541.339.281

Represented by Nico Vorsselmans

Active

Ended mandates

AHF INVEST

Managing director · since 26 décembre 2019 · until 26 décembre 2025 · 0541.339.281

Represented by Nico Vorsselmans

Ended

Karel Vorsselmans

Manager · since 30 juin 2007

Ended

AXXON

Manager · 0445.748.751

Represented by Karel Vorsselmans

Ended

AXXON

Manager · until 26 décembre 2019 · 0445.748.751

Represented by Karel Vorsselmans

Ended

At this address

Other companies at this address

Company	CBE no.
AHF INVEST● Active	0541.339.281
AHF TRADE● Active	0739.548.586
FTH Invest● Active	1024.087.002
HOUTOPIA● Active	0469.167.026
H & V● Active	0452.423.044

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/09/2025	31/08/2024	24/08/2023	30/08/2022	31/08/2021	30/10/2020
General meeting	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021	08/09/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	21/05/2025	29/09/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/05/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	18/05/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	19/05/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	30/10/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	31/08/2019	Dutch	PDF
Abridged model	31/12/2017	16/05/2018	06/08/2018	Dutch	PDF
Abridged model	31/12/2016	17/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/05/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/05/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	18/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	30/08/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	29/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2024 · 1 active · 9 ended

Active mandates

AHF INVEST

Director · since 26 décembre 2019 · until 20 mai 2026 · 0541.339.281

Represented by Nico Vorsselmans

Active

Ended mandates

AHF INVEST

Managing director · since 26 décembre 2019 · until 26 décembre 2025 · 0541.339.281

Represented by Nico Vorsselmans

Ended

Karel Vorsselmans

Manager · since 30 juin 2007

Ended

AXXON

Manager · 0445.748.751

Represented by Karel Vorsselmans

Ended

AXXON

Manager · until 26 décembre 2019 · 0445.748.751

Represented by Karel Vorsselmans

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office28/01/2020
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other30/01/2017
DOEL
PDF
Mandates05/02/2013
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/12/2009
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/08/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2007
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Mandates25/01/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2005
BENAMING - 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

2024
Annual accounts 202443 k €↑
2023
Annual accounts 202337,1 k €↑
2022
Annual accounts 202226,6 k €↑
2021
Annual accounts 202124,1 k €↓
2020
Annual accounts 202039,7 k €↑
2019
Annual accounts 201934,9 k €↑
2018
Annual accounts 2018-104,5 k €↓
2017
Annual accounts 2017109,8 k €↑
2016
Annual accounts 20166,2 k €↓
2015
Annual accounts 201542,5 k €↑
2014
Annual accounts 201440,4 k €↓
2013
Annual accounts 2013109,2 k €↑
2012
Annual accounts 201231,5 k €↑
2011
Annual accounts 20115 k €↑
2010
Annual accounts 2010-4,9 k €↓
2009
Annual accounts 200910,4 k €↑
2008
Annual accounts 2008-11,1 k €↓
2007
Annual accounts 2007-8,6 k €↓
2006
Annual accounts 2006-2,7 k €
21/10/2002
IncorporationPublic 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

AHF PROJECTS

Overview

What does AHF PROJECTS do?

Trend over 19 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