ACTIVE

LIEVEN VANHEULE

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Financial year 2025 · closed on 31/12/2025

Net result

57 k €

+58.4% YoY

Gross margin

121,2 k €

+61.6% YoY

Equity

181,4 k €

+31.8% YoY

What does LIEVEN VANHEULE do?

LIEVEN VANHEULE is a Private limited company incorporated in 2012. Its main activity is: Site preparation. Its registered office is in Maldegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0508.813.795

Incorporation

27/12/2012

Legal form

Private limited company

Registered office

Oude Aardenburgse Weg 22
9990 Maldegem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43120Site preparation· main 43120Site preparation 01610Support activities for crop production 01610Support activities for crop production 09100Support activities for petroleum and natural gas extraction 09100Support activities for petroleum and natural gas extraction+6

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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		2016		2015		2014		2013
Income statement
Gross margin	121,2 k €	+61.6%	75 k €	+74.5%	43 k €	+8.0%	39,8 k €	-12.4%	45,4 k €	-37.2%	72,3 k €	-33.0%	107,9 k €	+65.7%	65,1 k €	-53.1%	138,7 k €	+64.5%	84,3 k €	-3.2%	87,1 k €	-5.3%	92 k €	+23.9%	74,3 k €
EBITDA	121 k €	+61.9%	74,7 k €	+75.8%	42,5 k €	+7.8%	39,4 k €	-12.0%	44,8 k €	-33.8%	67,6 k €	-36.6%	106,6 k €	+65.7%	64,3 k €	-53.4%	138 k €	+138%	57,9 k €	+45.8%	39,7 k €	-16.2%	47,4 k €	+57.4%	30,1 k €
Operating result	89,7 k €	+56.3%	57,4 k €	+128%	25,1 k €	+429%	4,7 k €	+9.6%	4,3 k €	-39.7%	7,2 k €	+34.8%	5,3 k €	-43.7%	9,5 k €	-77.5%	42,1 k €	+99.2%	21,1 k €	+237%	6,3 k €	-32.8%	9,3 k €	+4.7%	8,9 k €
Net result	57 k €	+58.4%	36 k €	+104%	17,6 k €	+3632%	471,4 €	+53.4%	307,3 €	-88.1%	2,6 k €	+430%	487 €	-86.7%	3,7 k €	-87.0%	28,1 k €	+127%	12,4 k €	+2356%	504 €	-69.2%	1,6 k €	-64.5%	4,6 k €
Balance sheet
Equity	181,4 k €	+31.8%	137,7 k €	+51.3%	90,9 k €	+24.0%	73,4 k €	+0.6%	72,9 k €	+0.4%	72,6 k €	+3.7%	70 k €	+0.7%	69,5 k €	+5.6%	65,8 k €	+74.5%	37,7 k €	+48.8%	25,3 k €	+2.0%	24,8 k €	+7.1%	23,2 k €
Total assets	549,1 k €	+22.5%	448,2 k €	+4.7%	428,1 k €	+20.3%	355,8 k €	+3.1%	345,1 k €	-9.3%	380,6 k €	+6.2%	358,5 k €	+25.0%	286,8 k €	-7.3%	309,4 k €	+77.9%	174 k €	-5.0%	183,2 k €	-24.7%	243,1 k €	+29.6%	187,6 k €
Cash	30,2 k €	-50.6%	61 k €	+21.0%	50,4 k €	+0.5%	50,1 k €	-22.2%	64,5 k €	-51.4%	132,7 k €	+53.6%	86,4 k €	-13.0%	99,3 k €	+163%	37,7 k €	+33.4%	28,3 k €	-59.7%	70,2 k €	-30.7%	101,3 k €	+108%	48,7 k €
Debts	367,7 k €	+18.4%	310,6 k €	-7.9%	337,2 k €	+19.4%	282,5 k €	+3.8%	272,3 k €	-11.6%	308 k €	+6.8%	288,5 k €	+32.8%	217,3 k €	-10.8%	243,6 k €	+79.0%	136,1 k €	-13.8%	157,8 k €	-27.7%	218,3 k €	+32.8%	164,4 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 · 8 ended

Active mandates

ISABELLE VAN LOO

Director

Active

Lieven Vanheule

Director

Active

Ended mandates

Isabelle Van Loo

Administrator - manager · since 27 décembre 2012

Ended

Lieven Marcel Vanheule

Administrator - manager · since 27 décembre 2012

Ended

Lieven Marcel Vanheule

Manager · since 27 décembre 2012

Ended

LIEVEN VANHEULE

Director · since 27 décembre 2012

Ended

At this address

Other companies at this address

Company	CBE no.
WDV Trans● Active	0787.906.056

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	31/08/2026	13/08/2025	13/08/2024	07/08/2023	10/08/2022	30/08/2021
General meeting	30/06/2026	24/06/2025	25/06/2024	27/06/2023	28/06/2022	30/06/2021
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	30/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	24/06/2025	13/08/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	13/08/2024	Dutch	PDF
Micro model	31/12/2022	27/06/2023	07/08/2023	Dutch	PDF
Micro model	31/12/2021	28/06/2022	10/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	30/06/2020	05/10/2020	Dutch	PDF
Micro model	31/12/2018	25/06/2019	08/08/2019	Dutch	PDF
Micro model	31/12/2017	26/06/2018	07/08/2018	Dutch	PDF
Micro model	31/12/2016	27/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/06/2016	02/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	28/07/2015	Dutch	PDF
Abridged model	31/12/2013	24/06/2014	01/08/2014	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 · 8 ended

Active mandates

ISABELLE VAN LOO

Director

Active

Lieven Vanheule

Director

Active

Ended mandates

Isabelle Van Loo

Administrator - manager · since 27 décembre 2012

Ended

Lieven Marcel Vanheule

Administrator - manager · since 27 décembre 2012

Ended

Lieven Marcel Vanheule

Manager · since 27 décembre 2012

Ended

LIEVEN VANHEULE

Director · since 27 décembre 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other11/01/2013
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 202557 k €↑
2024
Annual accounts 202436 k €↑
2023
Annual accounts 202317,6 k €↑
2023
Name changeVANHEULE LIEVEN
2022
Annual accounts 2022471,4 €↑
2021
Annual accounts 2021307,3 €↓
2021
Name changeLIEVEN VANHEULE
2020
Annual accounts 20202,6 k €↑
2019
Annual accounts 2019487 €↓
2018
Annual accounts 20183,7 k €↓
2017
Annual accounts 201728,1 k €↑
2016
Annual accounts 201612,4 k €↑
2015
Annual accounts 2015504 €↓
2014
Annual accounts 20141,6 k €↓
2013
Annual accounts 20134,6 k €
27/12/2012
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

LIEVEN VANHEULE

Overview

What does LIEVEN VANHEULE 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