ACTIVE

VULKAN

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Financial year 2025 · closed on 30/06/2025

Net result

1,4 k €

+167.4% YoY

Gross margin

1,6 k €

+39.6% YoY

Equity

44,7 k €

+3.2% YoY

What does VULKAN do?

VULKAN is a Private company with limited liability incorporated in 2009. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.019.480

Incorporation

26/11/2009

Legal form

Private company with limited liability

Registered office

Heidestraat 7 D box U4
3500 Hasselt · FlandreSee on map

Contributed capital

50 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25610Treatment and coating of metals 43320Joinery installation 43320Joinery installation+8

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	1,6 k €	+39.6%	1,2 k €	+86.6%	626,9 €	-86.9%	4,8 k €	-78.0%	21,8 k €	-82.6%	125,4 k €	+72.7%	72,6 k €	+1852%	-4,1 k €	-280%	-1,1 k €	-11.5%	-976,9 €	+21.7%	-1,2 k €	+43.1%	-2,2 k €
EBITDA	1,1 k €	+76.9%	598,1 €	+175%	217,4 €	-94.9%	4,3 k €	-51.1%	8,7 k €	-89.5%	83,3 k €	+202%	27,6 k €	+556%	-6 k €	-304%	-1,5 k €	-8.1%	-1,4 k €	+16.3%	-1,7 k €	+48.8%	-3,2 k €
Operating result	1,1 k €	+76.9%	598,1 €	+175%	217,4 €	-59.3%	534,6 €	-88.9%	4,8 k €	+87.3%	2,6 k €	-89.2%	23,8 k €	+343%	-9,8 k €	-554%	-1,5 k €	-8.1%	-1,4 k €	+16.3%	-1,7 k €	+48.8%	-3,2 k €
Net result	1,4 k €	+167%	523,7 €	-47.3%	992,9 €	+181%	353,7 €	-91.5%	4,2 k €	+128%	1,8 k €	-92.1%	23,1 k €	+334%	-9,9 k €	-516%	-1,6 k €	-8.3%	-1,5 k €	+14.6%	-1,7 k €	+47.8%	-3,3 k €
Balance sheet
Equity	44,7 k €	+3.2%	43,3 k €	+1.2%	42,8 k €	+2.4%	41,8 k €	-31.5%	61 k €	+7.3%	56,9 k €	+3.3%	55,1 k €	+72.2%	32 k €	-23.6%	41,9 k €	-3.7%	43,5 k €	-3.3%	44,9 k €	-3.7%	46,7 k €
Total assets	45,4 k €	+4.4%	43,5 k €	+0.3%	43,3 k €	+0.2%	43,3 k €	-64.5%	121,9 k €	-16.0%	145,2 k €	-14.6%	170,1 k €	+54.7%	110 k €	-15.1%	129,5 k €	-0.6%	130,3 k €	-1.1%	131,8 k €	-1.4%	133,7 k €
Cash	60,5 €	-92.6%	820,4 €	+41.3%	580,8 €	-91.9%	7,2 k €	-85.9%	50,9 k €	+654%	6,8 k €	+1321%	475,4 €	+5.3%	451,6 €	+47433%	1 €	-99.7%	366,3 €	-82.2%	2,1 k €	-51.0%	4,2 k €
Debts	658,5 €	+391%	134,1 €	-75.0%	537,3 €	-63.0%	1,5 k €	-97.6%	60,9 k €	-31.1%	88,4 k €	-23.2%	115,1 k €	+47.6%	78 k €	-11.0%	87,6 k €	+0.9%	86,9 k €	0.0%	86,9 k €	-0.1%	87 k €
Other
Workforce	–		–		–		–		–		–		1,0 ETP	+900%	0,1 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

CHANTAL KLEYKENS

Director · since 26 novembre 2009

Active

MARC HEYLEN

Director · since 26 novembre 2009

Active

Ended mandates

Chantal KLEYKENS

Manager · since 26 novembre 2009

Ended

MARC HEYLEN

Manager · since 26 novembre 2009

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	23/01/2025	30/01/2024	30/01/2023	22/02/2022	05/02/2021
General meeting	28/11/2025	20/01/2025	24/11/2023	25/11/2022	28/01/2022	27/11/2020
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	28/11/2025	29/01/2026	Dutch	PDF
Micro model	30/06/2024	20/01/2025	23/01/2025	Dutch	PDF
Micro model	30/06/2023	24/11/2023	30/01/2024	Dutch	PDF
Micro model	30/06/2022	25/11/2022	30/01/2023	Dutch	PDF
Micro model	30/06/2021	28/01/2022	22/02/2022	Dutch	PDF
Micro model	30/06/2020	27/11/2020	05/02/2021	Dutch	PDF
Micro model	30/06/2019	29/11/2019	10/01/2020	Dutch	PDF
Micro model	30/06/2018	30/11/2018	15/01/2019	Dutch	PDF
Micro model	30/06/2017	24/11/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	18/01/2016	Dutch	PDF
Abridged model	30/06/2014	28/11/2014	23/12/2014	Dutch	PDF
Abridged model	30/06/2013	29/11/2013	10/12/2013	Dutch	PDF
Abridged model	30/06/2012	30/11/2012	15/01/2013	Dutch	PDF
Abridged model	30/06/2011	25/11/2011	14/02/2012	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 2 ended

Active mandates

CHANTAL KLEYKENS

Director · since 26 novembre 2009

Active

MARC HEYLEN

Director · since 26 novembre 2009

Active

Ended mandates

Chantal KLEYKENS

Manager · since 26 novembre 2009

Ended

MARC HEYLEN

Manager · since 26 novembre 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office12/01/2026
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Capital / shares13/05/2015
BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office14/11/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other10/12/2009
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 20251,4 k €↑
2024
Annual accounts 2024523,7 €↓
2023
Annual accounts 2023992,9 €↑
2022
Annual accounts 2022353,7 €↓
2018
Annual accounts 20184,2 k €↑
2017
Annual accounts 20171,8 k €↓
2016
Annual accounts 201623,1 k €↑
2015
Annual accounts 2015-9,9 k €↓
2014
Annual accounts 2014-1,6 k €↓
2013
Annual accounts 2013-1,5 k €↑
2012
Annual accounts 2012-1,7 k €↑
2011
Annual accounts 2011-3,3 k €
26/11/2009
IncorporationPrivate company with limited liability

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

VULKAN

Overview

What does VULKAN do?

Trend over 12 financial years

Indicative valuation

Board of directors

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