ACTIVE

HEYVAERT BART

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Financial year 2025 · closed on 31/12/2025

Net result

250,2 k €

+17.8% YoY

Gross margin

931,6 k €

+12.3% YoY

Equity

1,8 M €

+3.6% YoY

Workforce

6,9 ETP

-12.7% YoY

What does HEYVAERT BART do?

HEYVAERT BART is a Private limited company incorporated in 2005. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Willebroek. It employs on average 6,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0872.116.409

Incorporation

31/01/2005

Legal form

Private limited company

Registered office

Bedrijvenpark De Veert 2
2830 Willebroek · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

6,9 ETP

Activities (NACE)

43222Plumbing, heat and air-conditioning installation· main 43222Plumbing, heat and air-conditioning installation 45331Sale of motor vehicle parts and accessories 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 45332Sale of motor vehicle parts and accessories+3

Joint committees (5)

124
12400
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	931,6 k €	+12.3%	829,9 k €	-17.0%	999,6 k €	+2.2%	977,7 k €	+21.0%	807,7 k €	+43.9%	561,4 k €	-4.4%	587,4 k €	-29.2%	829,1 k €	+79.1%	462,9 k €	-2.7%	475,9 k €	+5.5%	451,3 k €	-2.3%	461,6 k €	+11.8%	412,8 k €	+22.6%	336,6 k €	+34.0%	251,2 k €	+14.1%	220,1 k €	-1.7%	224 k €
EBITDA	464,7 k €	+16.7%	398,4 k €	-26.9%	544,6 k €	-1.2%	551,4 k €	+23.9%	445,2 k €	+71.3%	259,8 k €	-0.4%	260,9 k €	-33.0%	389,2 k €	+132%	167,9 k €	-19.2%	207,8 k €	-2.1%	212,2 k €	-12.3%	241,8 k €	+14.8%	210,6 k €	+23.5%	170,5 k €	+42.5%	119,7 k €	+18.2%	101,2 k €	-2.0%	103,3 k €
Operating result	358,2 k €	+23.2%	290,7 k €	-32.9%	433,4 k €	-7.3%	467,7 k €	+25.8%	371,7 k €	+118%	170,5 k €	+8.5%	157,1 k €	-44.7%	284,2 k €	+167%	106,4 k €	-24.9%	141,7 k €	+25.6%	112,8 k €	-44.4%	202,7 k €	+13.5%	178,6 k €	+51.2%	118,1 k €	+49.1%	79,2 k €	+18.0%	67,2 k €	-6.4%	71,8 k €
Net result	250,2 k €	+17.8%	212,4 k €	-29.2%	299,9 k €	-8.2%	326,6 k €	+25.7%	259,7 k €	+118%	119,3 k €	+25.6%	95 k €	-45.6%	174,5 k €	+141%	72,4 k €	-28.3%	101 k €	+15.7%	87,3 k €	-41.7%	149,7 k €	+16.8%	128,2 k €	+54.8%	82,8 k €	+31.2%	63,1 k €	+21.9%	51,8 k €	-3.9%	53,9 k €
Balance sheet
Equity	1,8 M €	+3.6%	1,7 M €	-9.3%	1,9 M €	+18.8%	1,6 M €	+25.8%	1,3 M €	+34.6%	941,9 k €	-10.1%	1 M €	+10.0%	952,6 k €	+39.5%	682,8 k €	+11.9%	610,5 k €	+7.8%	566,5 k €	+18.2%	479,2 k €	+11.6%	429,5 k €	+42.6%	301,3 k €	+37.9%	218,5 k €	+32.1%	165,4 k €	+45.6%	113,6 k €
Total assets	2 M €	+4.8%	1,9 M €	-11.1%	2,2 M €	+8.2%	2 M €	+6.0%	1,9 M €	+31.9%	1,4 M €	+6.6%	1,3 M €	+0.6%	1,3 M €	+27.2%	1,1 M €	+8.3%	973,3 k €	+5.6%	921,7 k €	+37.4%	670,9 k €	+33.2%	503,6 k €	+45.1%	347,1 k €	+32.0%	262,9 k €	+18.3%	222,3 k €	+1.9%	218,2 k €
Cash	524 k €	-33.3%	785,3 k €	+79.0%	438,8 k €	-53.3%	939,1 k €	+86.4%	503,9 k €	+3.5%	486,9 k €	+50.5%	323,6 k €	-48.1%	623,8 k €	+12.9%	552,8 k €	+21.0%	456,9 k €	+6.2%	430,4 k €	-12.0%	489,2 k €	+42.2%	344,1 k €	+79.5%	191,7 k €	+141%	79,7 k €	+6.1%	75,1 k €	+15.1%	65,3 k €
Debts	181,3 k €	-5.1%	191,1 k €	-26.5%	260,1 k €	-34.2%	395,4 k €	-35.2%	609,9 k €	+27.9%	476,9 k €	+71.3%	278,3 k €	-25.1%	371,9 k €	+4.0%	357,5 k €	+1.1%	353,5 k €	+2.2%	345,9 k €	+138%	145,1 k €	+124%	64,8 k €	+41.5%	45,8 k €	+3.2%	44,4 k €	-22.0%	56,9 k €	-45.6%	104,6 k €
Other
Workforce	6,9 ETP	-12.7%	7,9 ETP	+2.6%	7,7 ETP	-3.7%	8,0 ETP	+11.1%	7,2 ETP	+22.0%	5,9 ETP	-9.2%	6,5 ETP	-25.3%	8,7 ETP	+50.0%	5,8 ETP	-9.4%	6,4 ETP	+16.4%	5,5 ETP	+5.8%	5,2 ETP	+2.0%	5,1 ETP	+34.2%	3,8 ETP	+26.7%	3,0 ETP	+7.1%	2,8 ETP	0.0%	2,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Bart HEYVAERT

Director · since 31 janvier 2005

Active

Karin VAN DAMME

Director · since 31 janvier 2005

Active

Ended mandates

Bart HEYVAERT

Manager · since 31 janvier 2005

Ended

Karin VAN DAMME

Manager · since 31 janvier 2005

Ended

Bart Heyvaert

Mandate

Ended

Karin Van Damme

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
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	12 months
Filing date	15/06/2026	12/06/2025	05/07/2024	27/07/2023	15/06/2022	30/08/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	12/05/2022	04/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	15/06/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	12/06/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	12/05/2022	15/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	13/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	21/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	23/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	12/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	17/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	01/07/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 2 active · 4 ended

Active mandates

Bart HEYVAERT

Director · since 31 janvier 2005

Active

Karin VAN DAMME

Director · since 31 janvier 2005

Active

Ended mandates

Bart HEYVAERT

Manager · since 31 janvier 2005

Ended

Karin VAN DAMME

Manager · since 31 janvier 2005

Ended

Bart Heyvaert

Mandate

Ended

Karin Van Damme

Mandate

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/12/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares30/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office20/09/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other19/04/2005
DIVERSEN
PDF
Other07/03/2005
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

2025
Annual accounts 2025250,2 k €↑
2024
Annual accounts 2024212,4 k €↓
2023
Annual accounts 2023299,9 k €↓
2022
Annual accounts 2022326,6 k €↑
2021
Annual accounts 2021259,7 k €↑
2018
Annual accounts 2018119,3 k €↑
2017
Annual accounts 201795 k €↓
2016
Annual accounts 2016174,5 k €↑
2014
Annual accounts 201472,4 k €↓
2013
Annual accounts 2013101 k €↑
2012
Annual accounts 201287,3 k €↓
2011
Annual accounts 2011149,7 k €↑
2010
Annual accounts 2010128,2 k €↑
2009
Annual accounts 200982,8 k €↑
2008
Annual accounts 200863,1 k €↑
2007
Annual accounts 200751,8 k €↓
2006
Annual accounts 200653,9 k €
31/01/2005
IncorporationPrivate limited company

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

HEYVAERT BART

Overview

What does HEYVAERT BART do?

Trend over 17 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