ACTIVE

VH SOLUTIONS

Financial year 2025 · closed on 30/09/2025
Net result
5,6 k €
+521.0% YoY
Gross margin
26 k €
+48.7% YoY
Equity
42,7 k €
+15.2% YoY

What does VH SOLUTIONS do?

VH SOLUTIONS is a Private company with limited liability incorporated in 2005. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.389.008
Incorporation
24/01/2005
Legal form
Private company with limited liability
Registered office
Koninklijkelaan 74
2600 Antwerpen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
30/09/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin26 k €17,5 k €19,2 k €19,5 k €7,9 k €-7,9 k €9,9 k €11,1 k €4,2 k €-6 k €21 k €13,3 k €13,8 k €-3,7 k €22,8 k €6,7 k €18,2 k €-10,3 k €73,6 k €
EBITDA23,5 k €14,5 k €16,1 k €17,8 k €6 k €-8,9 k €8,8 k €6,9 k €2,8 k €-7,8 k €18,9 k €11,6 k €12,6 k €-5 k €21,6 k €5,3 k €16,4 k €-12,2 k €71,5 k €
Operating result11,1 k €3,2 k €4,5 k €6,7 k €1,3 k €-14,5 k €3,2 k €1,5 k €-3 k €-13,6 k €13,7 k €7 k €7,7 k €-10 k €15,1 k €-1,4 k €6,2 k €-16,5 k €67,2 k €
Net result5,6 k €-1,3 k €-61,1 €1,8 k €-8,8 k €-14,6 k €170,2 €-1,2 k €-7,9 k €-15,2 k €9,2 k €3,4 k €6,6 k €-8 k €15,3 k €1 k €5,2 k €-15,5 k €49,3 k €
Balance sheet
Equity42,7 k €37 k €38,4 k €38,4 k €36,6 k €45,5 k €69,2 k €69 k €70,3 k €78,2 k €93,4 k €84,2 k €80,8 k €74,3 k €82,3 k €131,7 k €130,6 k €125,5 k €141 k €
Total assets308,6 k €309,9 k €320,3 k €335,2 k €343,9 k €83,7 k €144,6 k €146,9 k €148,4 k €153,2 k €155,1 k €140,4 k €129,7 k €116,1 k €123,5 k €164,4 k €155,9 k €143,2 k €169,2 k €
Cash3 k €1,6 k €2,4 k €11,8 k €1 k €72,4 k €127,8 k €108 k €128,6 k €77,7 k €87,8 k €91,6 k €101,7 k €86,7 k €79,8 k €141 k €122,1 k €122,8 k €148,9 k €
Debts261,8 k €272,8 k €279,8 k €295,6 k €306,2 k €36,9 k €74,1 k €76,6 k €76,9 k €73,8 k €60,5 k €54,9 k €47,6 k €40,5 k €39,9 k €31,5 k €22,3 k €16,5 k €27 k €
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 30/09/2025 · 1 active · 5 ended

Active mandates

Patrick de Terwangne

Director · since 01 décembre 2023

Active

Ended mandates

Catherine Moens

Director · since 28 janvier 2021 · until 01 décembre 2023

Ended
Catherine Moens

Director · since 28 janvier 2021

Ended
Alexandre Van Haver

Director · until 28 janvier 2021

Ended
Alexandre Van Haver

Director

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202624/04/202525/04/202412/04/202328/04/202228/04/2021
General meeting27/02/202631/03/202529/02/202425/02/202325/02/202228/01/2021
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 model30/09/202527/02/202618/05/2026DutchPDF
Micro model30/09/202431/03/202524/04/2025DutchPDF
Micro model30/09/202329/02/202425/04/2024DutchPDF
Micro model30/09/202225/02/202312/04/2023DutchPDF
Micro model30/09/202125/02/202228/04/2022DutchPDF
Micro model30/09/202028/01/202128/04/2021DutchPDF
Micro model30/09/201928/02/202019/03/2020DutchPDF
Micro model30/09/201822/02/201910/04/2019DutchPDF
Micro model30/09/201723/02/201827/03/2018DutchPDF
Abridged model30/09/201610/02/201705/04/2017DutchPDF
Abridged model30/09/201512/02/201630/03/2016DutchPDF
Abridged model30/09/201413/02/201505/03/2015DutchPDF
Abridged model30/09/201307/02/201418/03/2014DutchPDF
Abridged model30/09/201208/02/201319/03/2013DutchPDF
Abridged model30/09/201110/02/201209/03/2012DutchPDF
Abridged model30/09/201011/02/201119/04/2011DutchPDF
Abridged model30/09/200912/02/201020/04/2010DutchPDF
Abridged model30/09/200813/02/200928/04/2009DutchPDF
Abridged model30/09/200715/02/200820/03/2008DutchPDF
Abridged model30/09/200609/02/200720/02/2007DutchPDF
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 30/09/2025 · 1 active · 5 ended

Active mandates

Patrick de Terwangne

Director · since 01 décembre 2023

Active

Ended mandates

Catherine Moens

Director · since 28 janvier 2021 · until 01 décembre 2023

Ended
Catherine Moens

Director · since 28 janvier 2021

Ended
Alexandre Van Haver

Director · until 28 janvier 2021

Ended
Alexandre Van Haver

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/05/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/03/2021
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other01/02/2005
    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 20255,6 k €
  2. 2024
    Annual accounts 2024-1,3 k €
  3. 2023
    Annual accounts 2023-61,1 €
  4. 2022
    Annual accounts 20221,8 k €
  5. 2021
    Annual accounts 2021-8,8 k €
  6. 2020
    Annual accounts 2020-14,6 k €
  7. 2019
    Annual accounts 2019170,2 €
  8. 2018
    Annual accounts 2018-1,2 k €
  9. 2017
    Annual accounts 2017-7,9 k €
  10. 2016
    Annual accounts 2016-15,2 k €
  11. 2015
    Annual accounts 20159,2 k €
  12. 2014
    Annual accounts 20143,4 k €
  13. 2013
    Annual accounts 20136,6 k €
  14. 2012
    Annual accounts 2012-8 k €
  15. 2011
    Annual accounts 201115,3 k €
  16. 2010
    Annual accounts 20101 k €
  17. 2009
    Annual accounts 20095,2 k €
  18. 2008
    Annual accounts 2008-15,5 k €
  19. 2007
    Annual accounts 200749,3 k €
  20. 24/01/2005
    IncorporationPrivate company with limited liability