ACTIVE

Ven40

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Financial year 2025 · closed on 31/12/2025

Net result

-193,4 k €

-66.4% YoY

Gross margin

-9,9 k €

+40.0% YoY

Equity

-95,5 k €

-197.5% YoY

What does Ven40 do?

Ven40 is a Private limited company incorporated in 2003. Its main activity is: Raising of horses and other equines. Its registered office is in Diest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.947.783

Incorporation

04/04/2003

Legal form

Private limited company

Registered office

Vennestraat 40
3290 Diest · FlandreSee on map

Contributed capital

67 900,00 €

Latest accounts

31/12/2025

Activities (NACE)

01430Raising of horses and other equines· main 01430Raising of horses and other equines 75000Veterinary activities 75000Veterinary activities 85200Primary education

Joint committees (3)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-9,9 k €	+40.0%	-16,5 k €	-112%	131,9 k €	+222%	41 k €	-59.5%	101,3 k €	-10.8%	113,6 k €	+31.6%	86,3 k €	-19.2%	106,8 k €	+95.2%	54,7 k €	-23.7%	71,7 k €	-19.0%	88,5 k €	+26.7%	69,9 k €	+7.8%	64,9 k €	+59.4%	40,7 k €	-23.4%	53,1 k €	+15.0%	46,2 k €	+27.7%	36,2 k €	-29.2%	51,1 k €	+8.2%	47,2 k €	+41.3%	33,4 k €
EBITDA	-64,9 k €	-78.0%	-36,4 k €	-137%	97,5 k €	+725%	11,8 k €	-85.3%	80,6 k €	-11.9%	91,5 k €	+32.5%	69,1 k €	-22.4%	89,1 k €	+81.7%	49 k €	-11.2%	55,2 k €	-21.3%	70,1 k €	+32.5%	52,9 k €	+5.0%	50,4 k €	+106%	24,4 k €	-36.9%	38,7 k €	+27.1%	30,5 k €	+37.9%	22,1 k €	-41.9%	38 k €	-14.6%	44,5 k €	+78.3%	25 k €
Operating result	-148,6 k €	-28.6%	-115,5 k €	-331%	50 k €	+248%	-33,9 k €	-179%	42,9 k €	-22.8%	55,5 k €	+61.5%	34,4 k €	-36.6%	54,2 k €	+145%	22,1 k €	-22.8%	28,7 k €	-34.2%	43,6 k €	+65.9%	26,3 k €	-6.4%	28,1 k €	+1076%	2,4 k €	-85.7%	16,7 k €	+362%	3,6 k €	+175%	-4,8 k €	-121%	22,6 k €	-25.8%	30,5 k €	+179%	10,9 k €
Net result	-193,4 k €	-66.4%	-116,3 k €	-347%	47 k €	+231%	-36 k €	-240%	25,8 k €	-21.9%	33 k €	+61.4%	20,4 k €	-37.2%	32,6 k €	+248%	9,3 k €	-33.5%	14,1 k €	-34.5%	21,5 k €	+104%	10,5 k €	-16.1%	12,5 k €	+201%	-12,4 k €	-7621%	-160,3 €	+94.5%	-2,9 k €	-153%	5,5 k €	-65.6%	16 k €	-22.2%	20,6 k €	+232%	6,2 k €
Balance sheet
Equity	-95,5 k €	-197%	97,9 k €	-54.3%	214,2 k €	+28.1%	167,2 k €	-17.7%	203,2 k €	+14.5%	177,4 k €	+13.8%	155,9 k €	+15.1%	135,5 k €	+31.6%	102,9 k €	+1.3%	101,6 k €	+0.7%	100,9 k €	+14.4%	88,2 k €	+5.4%	83,7 k €	+10.6%	75,6 k €	-14.1%	88 k €	-0.2%	88,2 k €	+24.0%	71,1 k €	+8.4%	65,6 k €	+32.4%	49,5 k €	+71.3%	28,9 k €
Total assets	274,2 k €	-20.7%	345,8 k €	+5.9%	326,7 k €	+6.2%	307,6 k €	+6.7%	288,2 k €	-20.2%	361,2 k €	+5.6%	342,1 k €	-5.3%	361,3 k €	+32.4%	272,9 k €	-13.4%	315,1 k €	-12.3%	359,2 k €	-9.0%	394,7 k €	-5.5%	417,8 k €	-3.8%	434,3 k €	-14.9%	510,3 k €	-7.4%	551 k €	-10.1%	613,2 k €	+116%	283,6 k €	+2.3%	277,3 k €	-0.4%	278,3 k €
Cash	9,5 k €		–		33,6 k €	-48.8%	65,7 k €	-33.8%	99,2 k €	-36.9%	157,2 k €	+258%	43,9 k €	+9014%	481,8 €	-96.4%	13,5 k €	+12.7%	12 k €	-23.8%	15,7 k €	+33.1%	11,8 k €	+28.2%	9,2 k €		–		37,9 k €	+300%	9,5 k €	+36.0%	7 k €		–		29,3 k €	+30722%	95 €
Debts	369,7 k €	+49.1%	247,9 k €	+120%	112,5 k €	-19.9%	140,4 k €	+65.2%	85 k €	-53.7%	183,8 k €	-1.3%	186,1 k €	-17.6%	225,9 k €	+32.9%	170 k €	-20.4%	213,6 k €	-17.3%	258,3 k €	-15.7%	306,6 k €	-8.3%	334,2 k €	-6.8%	358,7 k €	-15.1%	422,3 k €	-8.8%	462,9 k €	-14.6%	542,1 k €	+149%	218 k €	-4.3%	227,8 k €	-8.7%	249,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-16.7%	0,6 ETP	+20.0%	0,5 ETP	0.0%	0,5 ETP	+400%	0,1 ETP	-80.0%	0,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

HADEWYCH VAN HAUWERMEIREN

Director

Active

Koen Mintiens

Director

Active

Ended mandates

HADEWYCH VAN HAUWERMEIREN

Manager

Ended

HADEWYCK VAN HAUWERMEIREN

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Maatschap De Tafel● Active	1032.772.460

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	30/07/2026	30/07/2025	30/08/2024	19/07/2023	11/07/2022	15/07/2021
General meeting	20/06/2026	30/06/2025	15/06/2024	17/06/2023	18/06/2022	19/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/06/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Micro model	31/12/2023	15/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	19/07/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	11/07/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	15/07/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	29/06/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	30/06/2018	Dutch	PDF
Micro model	31/12/2016	17/06/2017	14/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	01/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	18/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	27/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

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

HADEWYCH VAN HAUWERMEIREN

Director

Active

Koen Mintiens

Director

Active

Ended mandates

HADEWYCH VAN HAUWERMEIREN

Manager

Ended

HADEWYCK VAN HAUWERMEIREN

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/12/2023
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/01/2014
KAPITAAL - AANDELEN
PDF
Other14/04/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025-193,4 k €↓
2024
Annual accounts 2024-116,3 k €↓
2023
Annual accounts 202347 k €↑
2023
Name changeVen40
2022
Annual accounts 2022-36 k €↓
2021
Annual accounts 202125,8 k €↓
2021
Name changeMEDANEX
2020
Annual accounts 202033 k €↑
2019
Annual accounts 201920,4 k €↓
2018
Annual accounts 201832,6 k €↑
2017
Annual accounts 20179,3 k €↓
2016
Annual accounts 201614,1 k €↓
2015
Annual accounts 201521,5 k €↑
2014
Annual accounts 201410,5 k €↓
2013
Annual accounts 201312,5 k €↑
2012
Annual accounts 2012-12,4 k €↓
2011
Annual accounts 2011-160,3 €↑
2010
Annual accounts 2010-2,9 k €↓
2009
Annual accounts 20095,5 k €↓
2008
Annual accounts 200816 k €↓
2007
Annual accounts 200720,6 k €↑
2006
Annual accounts 20066,2 k €
04/04/2003
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

Ven40

Overview

What does Ven40 do?

Trend over 20 financial years

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