ACTIVE

VHR CONSTRUCT

Financial year 2025 · closed on 30/06/2025
Net result
-90,2 k €
+49.0% YoY
Gross margin
-51,5 k €
+61.9% YoY
Equity
518,9 k €
-14.8% YoY

What does VHR CONSTRUCT do?

VHR CONSTRUCT is a Public limited company incorporated in 2015. Its main activity is: Roofing activities. Its registered office is in Sint-Niklaas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.663.879
Incorporation
18/12/2015
Legal form
Public limited company
Registered office
Europark-Zuid 8 box B
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
30/06/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin-51,5 k €-135,2 k €234,5 k €351,7 k €251,7 k €346,2 k €60,7 k €178,8 k €601 k €
EBITDA-54,8 k €-186,2 k €76,4 k €209,2 k €111,2 k €206,7 k €-73,3 k €38,7 k €431,7 k €
Operating result-54,8 k €-186,2 k €69,2 k €199,7 k €95,2 k €176,8 k €-108,9 k €6,6 k €380,6 k €
Net result-90,2 k €-176,9 k €51,5 k €140,4 k €68,2 k €149,9 k €-108,2 k €7,9 k €233,5 k €
Balance sheet
Equity518,9 k €609,2 k €786,1 k €734,6 k €774,2 k €706 k €734,1 k €842,4 k €834,5 k €
Total assets727,3 k €782,1 k €1,1 M €888,9 k €1 M €853,5 k €804,6 k €1,1 M €1 M €
Cash625,7 k €332,5 k €401,1 k €402,7 k €321,5 k €401,6 k €448,9 k €428,5 k €638,1 k €
Debts208,4 k €172,9 k €329,3 k €154,3 k €243,5 k €147,4 k €70,5 k €279,6 k €197,2 k €
Other
Workforce0,7 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,2 ETP3,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 6 ended

Active mandates

Ronan Van Havere

Director · since 15 novembre 2021 · until 01 décembre 2026

Active
RONNY & CONNY MANAGEMENT

Managing director · since 15 novembre 2021 · until 01 décembre 2026 · 0458.751.701

Represented by Conny De Rudder

Active
William Merckx

Director · since 15 novembre 2021 · until 01 décembre 2026

Active

Ended mandates

Ronan Van Havere

Director · since 23 octobre 2019 · until 23 octobre 2025

Ended
RONNY & CONNY MANAGEMENT

Managing director · since 23 octobre 2019 · until 23 octobre 2025 · 0458.751.701

Represented by Conny De Rudder

Ended
William Merckx

Director · since 23 octobre 2019 · until 23 octobre 2025

Ended
Ronan Van Havere

Director · since 01 juillet 2015 · until 01 décembre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
VHR BOUWActive
1000.174.918
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/02/202628/02/202531/01/202430/09/202219/11/202110/08/2020
General meeting29/12/202530/12/202430/12/202327/09/202215/11/202110/08/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202529/12/202528/02/2026DutchPDF
Abridged model30/06/202430/12/202428/02/2025DutchPDF
Abridged model30/06/202330/12/202331/01/2024DutchPDF
Abridged model30/06/202227/09/202230/09/2022DutchPDF
Abridged model30/06/202115/11/202119/11/2021DutchPDF
Abridged model30/06/202010/08/202010/08/2020DutchPDF
Abridged model30/06/201931/12/201928/01/2020DutchPDF
Abridged model30/06/201826/09/201827/09/2018DutchPDF
Abridged model30/06/201727/09/201729/09/2017DutchPDF
Abridged model30/06/201605/09/201606/09/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 30/06/2025 · 3 active · 6 ended

Active mandates

Ronan Van Havere

Director · since 15 novembre 2021 · until 01 décembre 2026

Active
RONNY & CONNY MANAGEMENT

Managing director · since 15 novembre 2021 · until 01 décembre 2026 · 0458.751.701

Represented by Conny De Rudder

Active
William Merckx

Director · since 15 novembre 2021 · until 01 décembre 2026

Active

Ended mandates

Ronan Van Havere

Director · since 23 octobre 2019 · until 23 octobre 2025

Ended
RONNY & CONNY MANAGEMENT

Managing director · since 23 octobre 2019 · until 23 octobre 2025 · 0458.751.701

Represented by Conny De Rudder

Ended
William Merckx

Director · since 23 octobre 2019 · until 23 octobre 2025

Ended
Ronan Van Havere

Director · since 01 juillet 2015 · until 01 décembre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/08/2021
    MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates18/11/2019
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares08/01/2016
    KAPITAAL - AANDELEN
    PDF
  • Other22/12/2015
    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

Timeline

  1. 2025
    Annual accounts 2025-90,2 k €
  2. 2024
    Annual accounts 2024-176,9 k €
  3. 2023
    Annual accounts 202351,5 k €
  4. 2022
    Annual accounts 2022140,4 k €
  5. 2021
    Annual accounts 202168,2 k €
  6. 2020
    Annual accounts 2020149,9 k €
  7. 2019
    Annual accounts 2019-108,2 k €
  8. 2018
    Annual accounts 20187,9 k €
  9. 2017
    Annual accounts 2017233,5 k €
  10. 18/12/2015
    IncorporationPublic limited company