ACTIVE

Heyo

Financial year 2025 · closed on 31/12/2025
Net result
362 k €
+199.4% YoY
Gross margin
2,6 M €
+15.6% YoY
Equity
966,9 k €
+59.8% YoY
Workforce
41,5 ETP
+13.1% YoY

What does Heyo do?

Heyo is a Non-profit organization incorporated in 2005. Its main activity is: Other sports activities. Its registered office is in Gent. It employs on average 41,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0877.974.714
Incorporation
06/12/2005
Legal form
Non-profit organization
Registered office
Kortrijksesteenweg 302
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
41,5 ETP
Joint committees (5)
  • 101
  • 102
  • 329
  • 32901
  • 32902
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin2,6 M €2,3 M €2,5 M €1,7 M €1,5 M €2,3 M €2,7 M €2,7 M €2,6 M €2,6 M €2,2 M €2,1 M €
EBITDA368,1 k €116,8 k €337,1 k €-211,9 k €39,6 k €88,8 k €123,8 k €294,2 k €340,9 k €290,9 k €-86,6 k €81,3 k €
Operating result335,2 k €83,9 k €288 k €-246,8 k €5,8 k €-8,8 k €8,1 k €184,7 k €208,2 k €164,9 k €-215,8 k €11,9 k €
Net result362 k €120,9 k €295,9 k €-253,2 k €-1,1 k €-13 k €-153,6 k €186,9 k €207,3 k €103,6 k €-219,2 k €13,1 k €
Balance sheet
Equity966,9 k €604,9 k €484 k €188,2 k €411,7 k €412,7 k €425,7 k €579,3 k €392,5 k €185,2 k €81,7 k €300,9 k €
Total assets3,2 M €3,1 M €2,7 M €1,8 M €2 M €1,8 M €1,6 M €1,1 M €1,3 M €1,2 M €1,2 M €1,1 M €
Cash871,3 k €2,3 M €303,2 k €1,2 M €1,8 M €1,6 M €1,1 M €158,8 k €179,6 k €192,6 k €158,7 k €209,2 k €
Debts543,9 k €543,9 k €384,1 k €323,2 k €1,6 M €1,4 M €1,2 M €476,3 k €826,2 k €993,5 k €1,1 M €829,6 k €
Other
Workforce41,5 ETP36,7 ETP40,7 ETP37,7 ETP29,1 ETP44,1 ETP42,6 ETP56,6 ETP53,2 ETP36,3 ETP41,4 ETP57,5 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 · 13 active · 81 ended

Active mandates

BERNARD DE MEULEMEESTER

Director · since 01 juillet 2024 · until 30 septembre 2028 · 0471.836.209

Represented by Bernard De Meulemeester

Active
Tom Coolen

Managing director · since 01 juillet 2024 · until 30 septembre 2028

Active
Alex Verheyden

Director · since 27 mars 2024 · until 30 septembre 2028

Active
BRIC

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0780.782.494

Represented by Charlotte Gréant

Active
Chris Monten

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Eric Pellegroms

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Franky Haesevoets

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Jan Broeckx

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
JVDB VOF

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0823.478.827

Represented by Jos Van Den Brande

Active
Marianna Vael

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Patrick Janssens

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Rik Selleslaghs

Chairman of the board of directors · since 06 septembre 2022 · until 30 septembre 2028

Active
United NRJ

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0821.768.657

Represented by Christel Lootens

Active

Ended mandates

Alex Verheyden

Chairman of the board of directors · since 27 mars 2024 · until 30 septembre 2028

Ended
BRIC

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0780.782.494

Represented by Charlotte Gréant

Ended
Peter Leyman

Chairman of the board of directors · since 06 septembre 2022 · until 27 mars 2024

Ended
Rik Selleslaghs

Director · since 06 septembre 2022 · until 30 septembre 2028

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 date10/04/202614/04/202515/04/202427/03/202328/06/202229/06/2021
General meeting24/03/202625/03/202526/03/202414/03/202322/03/202216/03/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202524/03/202610/04/2026DutchPDF
Abridged model31/12/202425/03/202514/04/2025DutchPDF
Abridged model31/12/202326/03/202415/04/2024DutchPDF
Abridged model31/12/202214/03/202327/03/2023DutchPDF
Abridged model31/12/202122/03/202228/06/2022DutchPDF
Abridged model31/12/202016/03/202129/06/2021DutchPDF
Abridged model31/12/201912/03/202010/04/2020DutchPDF
Abridged model31/12/201811/03/201902/04/2019DutchPDF
Abridged model31/12/201712/03/201805/04/2018DutchPDF
Abridged model31/12/201613/03/201731/03/2017DutchPDF
Abridged model31/12/201514/03/201613/04/2016DutchPDF
Abridged model31/12/201416/03/201520/04/2015DutchPDF
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 · 13 active · 81 ended

Active mandates

BERNARD DE MEULEMEESTER

Director · since 01 juillet 2024 · until 30 septembre 2028 · 0471.836.209

Represented by Bernard De Meulemeester

Active
Tom Coolen

Managing director · since 01 juillet 2024 · until 30 septembre 2028

Active
Alex Verheyden

Director · since 27 mars 2024 · until 30 septembre 2028

Active
BRIC

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0780.782.494

Represented by Charlotte Gréant

Active
Chris Monten

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Eric Pellegroms

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Franky Haesevoets

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Jan Broeckx

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
JVDB VOF

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0823.478.827

Represented by Jos Van Den Brande

Active
Marianna Vael

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Patrick Janssens

Director · since 06 septembre 2022 · until 30 septembre 2028

Active
Rik Selleslaghs

Chairman of the board of directors · since 06 septembre 2022 · until 30 septembre 2028

Active
United NRJ

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0821.768.657

Represented by Christel Lootens

Active

Ended mandates

Alex Verheyden

Chairman of the board of directors · since 27 mars 2024 · until 30 septembre 2028

Ended
BRIC

Director · since 06 septembre 2022 · until 30 septembre 2028 · 0780.782.494

Represented by Charlotte Gréant

Ended
Peter Leyman

Chairman of the board of directors · since 06 septembre 2022 · until 27 mars 2024

Ended
Rik Selleslaghs

Director · since 06 septembre 2022 · until 30 septembre 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/02/2026
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/12/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates09/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring01/02/2022
    BENAMING - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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 2025362 k €
  2. 2024
    Annual accounts 2024120,9 k €
  3. 2023
    Annual accounts 2023295,9 k €
  4. 2022
    Annual accounts 2022-253,2 k €
  5. 2021
    Annual accounts 2021-1,1 k €
  6. 2020
    Annual accounts 2020-13 k €
  7. 2019
    Annual accounts 2019-153,6 k €
  8. 2018
    Annual accounts 2018186,9 k €
  9. 2017
    Annual accounts 2017207,3 k €
  10. 2016
    Annual accounts 2016103,6 k €
  11. 2015
    Annual accounts 2015-219,2 k €
  12. 2014
    Annual accounts 201413,1 k €
  13. 06/12/2005
    IncorporationNon-profit organization