ACTIVE

VHi

Financial year 2025 · closed on 31/12/2025
Net result
388,6 k €
+75.0% YoY
Gross margin
191,3 k €
-6.9% YoY
Equity
2 M €
+18.7% YoY

What does VHi do?

VHi is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.758.211
Incorporation
23/12/2004
Legal form
Private limited company
Registered office
Nederkouter 118 box 102
9000 Gent · FlandreSee on map
Contributed capital
100,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201820172016201520142013201220112010200820072006
Income statement
Gross margin191,3 k €205,5 k €197,5 k €142 k €152,5 k €118,5 k €99,8 k €78,9 k €122,4 k €126,4 k €77,4 k €82,7 k €89,6 k €77,9 k €83,4 k €70,9 k €62,1 k €
EBITDA189 k €203,3 k €195 k €138,9 k €149,5 k €116,3 k €80,8 k €75,8 k €119,6 k €123,3 k €75,2 k €80,8 k €84,4 k €73,8 k €57,8 k €69,8 k €59,9 k €
Operating result185,2 k €199,5 k €191,2 k €135,9 k €148,2 k €103,8 k €68,2 k €50,4 k €94 k €98,4 k €55 k €9,9 k €76,5 k €65,4 k €49,9 k €62,3 k €51,4 k €
Net result388,6 k €222,1 k €216,6 k €181,5 k €989,2 k €138,5 k €407,6 k €150,8 k €184,4 k €124,8 k €261,9 k €33,1 k €64,1 k €49,3 k €7,9 k €15,6 k €39,4 k €
Balance sheet
Equity2 M €1,7 M €2,3 M €2,2 M €2,8 M €1,2 M €1,1 M €1,4 M €1,2 M €1,1 M €1 M €764,6 k €731,5 k €667,4 k €624,4 k €616,5 k €600,9 k €
Total assets2,6 M €2,6 M €2,7 M €2,7 M €2,9 M €1,5 M €1,6 M €2 M €2 M €2,1 M €2,1 M €2 M €1,6 M €1,6 M €1,5 M €1,5 M €1,7 M €
Cash40 k €22,3 k €50 k €6 k €368,4 k €29,9 k €121,3 k €25,7 k €22,9 k €81,4 k €141,2 k €5,8 k €31,8 k €9,8 k €4 k €10,4 k €20 k €
Debts581,7 k €858 k €310,2 k €430,9 k €105,6 k €246,8 k €453,7 k €571,8 k €730,1 k €917,8 k €1,1 M €1,2 M €782,3 k €836,8 k €831 k €861,4 k €1 M €
Other
Workforce0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Peter Van Hoye

Director · since 17 décembre 2004

Active

Ended mandates

Peter Van Hoye

Manager · since 23 décembre 2004

Ended
Peter Van Hoye

Manager · since 23 avril 2004

Ended
Peter Van Hoye

Manager

Ended
At this address

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0454.275.051
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0760.989.150
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202623/06/202503/06/202426/06/202330/06/202210/06/2021
General meeting15/05/202619/06/202517/05/202403/06/202303/06/202221/05/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/05/202601/06/2026DutchPDF
Micro model31/12/202419/06/202523/06/2025DutchPDF
Abridged model31/12/202317/05/202403/06/2024DutchPDF
Abridged model31/12/202203/06/202326/06/2023DutchPDF
Abridged model31/12/202103/06/202230/06/2022DutchPDF
Abridged model31/12/202021/05/202110/06/2021DutchPDF
Abridged model31/12/201915/05/202003/06/2020DutchPDF
Abridged model31/12/201807/06/201903/07/2019DutchPDF
Abridged model31/12/201718/05/201812/06/2018DutchPDF
Abridged model31/12/201619/05/201722/05/2017DutchPDF
Abridged model31/12/201508/06/201627/06/2016DutchPDF
Abridged model31/12/201405/06/201517/06/2015DutchPDF
Abridged model31/12/201306/06/201401/07/2014DutchPDF
Abridged model31/12/201217/05/201311/06/2013DutchPDF
Abridged model31/12/201118/06/201218/07/2012DutchPDF
Abridged model31/12/201020/05/201117/06/2011DutchPDF
Abridged model31/12/200921/05/201015/06/2010DutchPDF
Abridged model31/12/200815/05/200924/05/2009DutchPDF
Abridged model31/12/200730/05/200829/06/2008DutchPDF
Abridged model31/12/200618/05/200714/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 3 ended

Active mandates

Peter Van Hoye

Director · since 17 décembre 2004

Active

Ended mandates

Peter Van Hoye

Manager · since 23 décembre 2004

Ended
Peter Van Hoye

Manager · since 23 avril 2004

Ended
Peter Van Hoye

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/07/2025
    DIVERSEN
    PDF
  • Mandates28/05/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/07/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares10/01/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares10/01/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office20/02/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/10/2008
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares14/03/2006
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025388,6 k €
  2. 2024
    Annual accounts 2024222,1 k €
  3. 2023
    Annual accounts 2023216,6 k €
  4. 2022
    Annual accounts 2022181,5 k €
  5. 2021
    Annual accounts 2021989,2 k €
  6. 2018
    Annual accounts 2018138,5 k €
  7. 2017
    Annual accounts 2017407,6 k €
  8. 2016
    Annual accounts 2016150,8 k €
  9. 2015
    Annual accounts 2015184,4 k €
  10. 2014
    Annual accounts 2014124,8 k €
  11. 2013
    Annual accounts 2013261,9 k €
  12. 2012
    Annual accounts 201233,1 k €
  13. 2011
    Annual accounts 201164,1 k €
  14. 2010
    Annual accounts 201049,3 k €
  15. 2008
    Annual accounts 20087,9 k €
  16. 2007
    Annual accounts 200715,6 k €
  17. 2006
    Annual accounts 200639,4 k €
  18. 23/12/2004
    IncorporationPrivate limited company