ACTIVE

DRONGEN E40

Financial year 2025 · Closed on 31/12/2025

Net result62,1 k €+2,5 %over 1 year
Gross margin138,2 k €+2,9 %over 1 year
Equity2,8 M €+2,3 %over 1 year

Identity

Source · BCE/KBO

DRONGEN E40 is a Private limited company incorporated in 2022. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Oostende.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0792.867.706
Incorporation
25/10/2022
Legal form
Private limited company
Registered office
Oudenburgsesteenweg 106
8400 Oostende · FlandreSee on map
Contributed capital
2 139 459,86 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin138,2 k €134,4 k €98,5 k €
EBITDA122,2 k €119,2 k €98 k €
Operating result82,3 k €79,3 k €58,1 k €
Net result62,1 k €60,5 k €64,5 k €
Balance sheet
Equity2,8 M €2,7 M €2,6 M €
Total assets2,9 M €2,8 M €2,9 M €
Cash52,2 k €45,5 k €166,6 €
Debts12,5 k €16 k €103 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VERHELST GROUP0466.316.018Represented by Johan Verhelst
Managing director

Other companies at this address

Oudenburgsesteenweg 106 8400 Oostende
CompanyCBE no.
BALEGRO● Active
0420.538.847
0715.511.491
0421.687.605
GECA INVEST● Active
0471.743.266
RECYC WEST● Active
0455.261.085
TERRA COSA● Active
0881.076.239
T.M.C. BELGIUM● Active
0427.365.766
0761.666.467
TopAsfalt● Active
0508.599.407
Top-Mix● Active
0415.555.324
0720.650.018
0415.603.626
0405.262.931
0651.868.506
VERHELST GROUP● Active
0466.316.018
Verhelst Immo● Active
0416.873.534
0444.033.930
0460.700.510
1016.042.930

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202425/10/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months15 months
Filing date15/07/202614/07/202515/07/2024
General meeting26/06/202627/06/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202615/07/2026DutchPDF
Abridged model31/12/202427/06/202514/07/2025DutchPDF
Abridged model31/12/202328/06/202415/07/2024DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VERHELST GROUP0466.316.018Represented by Johan Verhelst
Managing director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/09/2026
    Benoeming commissaris
    PDF
  • Mandates01/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
    PDF
  • Restructuring21/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Other27/10/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
VERHELST GROUP
20222023202420252026
DRONGEN E40
Oudenburgsesteenweg 106, 8400 Oostende
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Oudenburgsesteenweg 106, 8400 OostendeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00300835

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
DRONGEN E40Current
accounts 2023 → 2025
Accounts 2025 · 2026-00300835

Events

  1. 2025
    Annual accounts 202562,1 k €↑
  2. 2024
    Annual accounts 202460,5 k €↓
  3. 2023
    Annual accounts 202364,5 k €
  4. 25/10/2022
    IncorporationPrivate limited company