ACTIVE

IMMO TERHILLS VILLA'S

Financial year 2025 · Closed on 31/12/2025

Net result525,6 k €+53,8 %over 1 year

Revenue3,7 M €-3,2 %over 1 year

Equity16,9 M €-3,9 %over 1 year

Identity

Source · BCE/KBO

IMMO TERHILLS VILLA'S is a Public limited company incorporated in 2019. Its main activity is: Buying and selling of own real estate. Its registered office is in Etterbeek.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0723.541.905
Incorporation: 25/03/2019
Legal form: Public limited company
Registered office: Boulevard Louis Schmidt 87
1040 Etterbeek · BruxellesSee on map
Contributed capital: 16 870 660,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 6 filings

Trend over 6 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	3,7 M €	-3.2%	3,8 M €	+6.7%	3,6 M €	+14.6%	3,1 M €	+80.3%	1,7 M €
EBITDA	3,4 M €	-0.5%	3,4 M €	+5.1%	3,2 M €	+15.7%	2,8 M €	+79.8%	1,5 M €
Operating result	1,3 M €	-1.2%	1,3 M €	+14.5%	1,1 M €	+62.2%	698,6 k €	+130%	303,6 k €
Net result	525,6 k €	+53.8%	341,7 k €	+131%	147,7 k €	-33.4%	221,8 k €	+147%	90 k €
Balance sheet
Equity	16,9 M €	-3.9%	17,6 M €	+14.4%	15,4 M €	+1.0%	15,3 M €	+8.7%	14 M €
Total assets	44,1 M €	-3.5%	45,7 M €	-0.9%	46,2 M €	-7.0%	49,6 M €	-4.3%	51,9 M €
Cash	534,9 k €	+120%	242,8 k €	+99.2%	121,9 k €	-92.3%	1,6 M €	+896%	158,6 k €
Debts	26,9 M €	-3.3%	27,9 M €	-8.6%	30,5 M €	-10.7%	34,1 M €	-9.8%	37,8 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

Gert Vandewaerde

Director · since 20 mai 2025 · until 21 mai 2030

Active

Hedwig Pieters

Director · since 20 mai 2025 · until 21 mai 2030

Active

Tom Vanham

Chairman of the board of directors · since 21 mai 2024 · until 21 mai 2030

Active

Koen Nulens

Director · since 01 janvier 2020 · until 20 mai 2025

Active

Ended mandates

Hedwig Pieters

Director · since 27 juin 2022 · until 20 mai 2025

Ended

Koen Nulens

Director · since 01 janvier 2020 · until 21 mars 2025

Ended

Koen Nulens

Managing director · since 01 janvier 2020 · until 20 mai 2025

Ended

Rudolf Hulsman

Director · since 21 mars 2019 · until 21 mars 2025

Ended

Other companies at this address

Boulevard Louis Schmidt 87 1040 Etterbeek

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	21/03/2019
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	22 months
Filing date	21/05/2026	22/05/2025	30/05/2024	30/05/2023	13/06/2022	11/06/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 6 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	19/05/2026	21/05/2026	Dutch	PDF
Full model	31/12/2024	20/05/2025	22/05/2025	Dutch	PDF
Full model	31/12/2023	21/05/2024	30/05/2024	Dutch	PDF
Full model	31/12/2022	16/05/2023	30/05/2023	Dutch	PDF
Full model	31/12/2021	17/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	18/05/2021	11/06/2021	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 7 ended

Active mandates

Gert Vandewaerde

Director · since 20 mai 2025 · until 21 mai 2030

Active

Hedwig Pieters

Director · since 20 mai 2025 · until 21 mai 2030

Active

Tom Vanham

Chairman of the board of directors · since 21 mai 2024 · until 21 mai 2030

Active

Koen Nulens

Director · since 01 janvier 2020 · until 20 mai 2025

Active

Ended mandates

Hedwig Pieters

Director · since 27 juin 2022 · until 20 mai 2025

Ended

Koen Nulens

Director · since 01 janvier 2020 · until 21 mars 2025

Ended

Koen Nulens

Managing director · since 01 janvier 2020 · until 20 mai 2025

Ended

Rudolf Hulsman

Director · since 21 mars 2019 · until 21 mars 2025

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/06/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - JAARREKENINGEN - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates26/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/07/2024
KAPITAAL - AANDELEN
PDF
Mandates26/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/08/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates12/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2020
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

29/05/2026
nominationTERHILLS VAKANTIEPARK NV — bestuurder
2025
Annual accounts 2025525,6 k €↑
20/05/2025
nominationHedwig Pieters — bestuurder
20/05/2025
nominationGert Vandewaerde — bestuurder
2024
Annual accounts 2024341,7 k €↑
28/06/2024
augmentation_capital
21/05/2024
reconductionOLIVIER Stefan — commissaris
21/05/2024
reconductionBECKERS Christophe — commissaris
21/05/2024
reconductionTom Vanham — bestuurder
21/05/2024
reconductionEY Bedrijfsrevisoren — commissaris
2023
Annual accounts 2023147,7 k €↓
2022
Annual accounts 2022221,8 k €↑
28/07/2022
augmentation_capital
27/06/2022
nominationHedwig Pieters — bestuurder
2021
Annual accounts 202190 k €↑
2020
Annual accounts 2020-58,9 k €
25/03/2019
IncorporationPublic limited company

IMMO TERHILLS VILLA'S

Overview

Identity

Financials

Valuation

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

Timeline