ACTIVE

VANHAN

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Financial year 2025 · closed on 31/12/2025

Net result

-105,3 k €

-754.7% YoY

Gross margin

-127,3 k €

-857.1% YoY

Equity

20,8 k €

-83.5% YoY

What does VANHAN do?

VANHAN is a Private limited company incorporated in 2006. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.056.362

Incorporation

23/01/2006

Legal form

Private limited company

Registered office

Luikersteenweg 19
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-127,3 k €	-857%	16,8 k €	+112%	-141,6 k €	-191%	156,3 k €	+38.4%	112,9 k €	-15.2%	133,2 k €	+2.3%	130,2 k €	-19.1%	161 k €	-19.4%	199,7 k €	+92.7%	103,6 k €	-13.8%	120,2 k €	+25.7%	95,7 k €	-28.4%	133,6 k €	-4.4%	139,8 k €	-2.2%	142,9 k €	-34.1%	217 k €	+14.6%	189,3 k €	+22.4%	154,7 k €	-38.9%	253,3 k €
EBITDA	-128,3 k €	-920%	15,6 k €	+111%	-142,1 k €	-191%	156,2 k €	+38.4%	112,8 k €	-9.3%	124,4 k €	+3.9%	119,6 k €	-20.6%	150,7 k €	-24.0%	198,2 k €	+92.2%	103,1 k €	-5.8%	109,5 k €	+14.9%	95,3 k €	-25.5%	127,9 k €	-5.8%	135,7 k €	-4.0%	141,4 k €	-34.5%	216 k €	+15.2%	187,5 k €	+21.5%	154,3 k €	-38.8%	252 k €
Operating result	-178,7 k €	-304%	-44,3 k €	+78.6%	-207 k €	-331%	89,7 k €	+183%	31,7 k €	-24.8%	42,2 k €	+23.3%	34,2 k €	-36.2%	53,6 k €	-41.7%	92 k €	+630%	12,6 k €	-50.2%	25,3 k €	+1102%	2,1 k €	-92.0%	26,4 k €	-15.5%	31,3 k €	+796%	-4,5 k €	-118%	24,9 k €	+41.2%	17,6 k €	-10.4%	19,7 k €	-77.9%	89,2 k €
Net result	-105,3 k €	-755%	16,1 k €	-62.8%	43,2 k €	-34.0%	65,5 k €	+216%	20,7 k €	-28.7%	29,1 k €	+35.4%	21,5 k €	-41.4%	36,6 k €	-34.7%	56,1 k €	+800%	6,2 k €	-41.9%	10,7 k €	+614%	-2,1 k €	-115%	13,7 k €	-16.0%	16,3 k €	+270%	-9,6 k €	-207%	8,9 k €	+193%	3,1 k €	+14.0%	2,7 k €	-93.5%	41,2 k €
Balance sheet
Equity	20,8 k €	-83.5%	126,1 k €	+14.6%	110 k €	-41.1%	186,8 k €	+12.3%	166,3 k €	+3.6%	160,6 k €	+5.3%	152,5 k €	+3.7%	147,1 k €	-20.7%	185,5 k €	+43.3%	129,4 k €	+5.1%	123,1 k €	-1.6%	125,2 k €	-1.6%	127,3 k €	+1.4%	125,6 k €	+3.6%	121,3 k €	-7.3%	130,8 k €	+0.7%	129,9 k €	+121%	58,8 k €	+0.3%	58,7 k €
Total assets	233,5 k €	-33.4%	350,8 k €	-14.7%	411,3 k €	+2.4%	401,8 k €	+28.4%	312,9 k €	-14.9%	367,6 k €	-4.9%	386,4 k €	+13.0%	342,1 k €	-11.2%	385,2 k €	+22.1%	315,4 k €	+7.5%	293,5 k €	-1.5%	297,8 k €	-10.2%	331,5 k €	-8.5%	362,4 k €	+8.2%	335 k €	-24.0%	440,5 k €	-15.9%	523,7 k €	+14.2%	458,7 k €	-7.1%	494 k €
Cash	39,6 k €	-34.9%	60,8 k €	+33.4%	45,6 k €	-67.3%	139,6 k €	+32.7%	105,2 k €	+11.3%	94,4 k €	-1.8%	96,1 k €	+44.1%	66,7 k €	-40.5%	112,2 k €	+119%	51,2 k €	+2055%	2,4 k €	-30.1%	3,4 k €	-60.1%	8,5 k €	-79.6%	41,8 k €	+294%	10,6 k €	-67.4%	32,6 k €	+274%	8,7 k €	+43.6%	6,1 k €	-72.7%	22,2 k €
Debts	212,6 k €	+34.9%	157,6 k €	-47.7%	301,2 k €	+40.1%	215 k €	+46.7%	146,6 k €	-29.2%	207 k €	-11.5%	233,8 k €	+19.9%	195 k €	-2.4%	199,7 k €	+7.4%	186 k €	+9.2%	170,3 k €	-1.3%	172,6 k €	-15.5%	204,2 k €	-13.8%	236,8 k €	+10.8%	213,7 k €	-31.0%	309,7 k €	-21.4%	393,8 k €	-1.5%	399,8 k €	-8.1%	435,3 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 31/12/2025 · 4 active · 11 ended

Active mandates

Ludo BREPOELS

Director

Active

MARC VANDERBEUKEN

Director

Active

Sébastien GULPEN

Director

Active

TONY VANDERBEUKEN

Director

Active

Ended mandates

SÉBASTIEN GULPEN

Director · since 02 janvier 2024

Ended

LUDO BREPOELS

Director · since 14 septembre 2023

Ended

MARC VANDERBEUKEN

Director · since 22 juillet 2010

Ended

TONY VANDERBEUKEN

Director · since 23 janvier 2006

Ended

At this address

Other companies at this address

Company	CBE no.
BREJO● Active	0465.201.409

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Micro 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	03/07/2026	29/08/2025	17/08/2024	24/02/2023	08/03/2022	25/02/2021
General meeting	30/06/2026	24/06/2025	25/06/2024	20/02/2023	21/02/2022	15/02/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	03/07/2026	Dutch	PDF
Micro model	31/12/2024	24/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	17/08/2024	Dutch	PDF
Abridged model	31/12/2022	20/02/2023	24/02/2023	Dutch	PDF
Abridged model	31/12/2021	21/02/2022	08/03/2022	Dutch	PDF
Micro model	31/12/2020	15/02/2021	25/02/2021	Dutch	PDF
Micro model	31/12/2019	17/02/2020	03/03/2020	Dutch	PDF
Micro model	31/12/2018	18/02/2019	12/03/2019	Dutch	PDF
Micro model	31/12/2017	19/02/2018	27/02/2018	Dutch	PDF
Micro model	31/12/2016	20/02/2017	04/04/2017	Dutch	PDF
Abridged model	31/12/2015	15/02/2016	02/03/2016	Dutch	PDF
Abridged model	31/12/2014	16/02/2015	17/03/2015	Dutch	PDF
Abridged model	31/12/2013	26/03/2014	01/04/2014	Dutch	PDF
Abridged model	31/12/2012	21/01/2013	12/02/2013	Dutch	PDF
Abridged model	31/12/2011	18/01/2012	27/02/2012	Dutch	PDF
Abridged model	31/12/2010	01/02/2011	22/02/2011	Dutch	PDF
Abridged model	31/12/2009	28/01/2010	09/02/2010	Dutch	PDF
Abridged model	31/12/2008	21/01/2009	03/02/2009	Dutch	PDF
Abridged model	31/12/2007	18/02/2008	20/03/2008	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 31/12/2025 · 4 active · 11 ended

Active mandates

Ludo BREPOELS

Director

Active

MARC VANDERBEUKEN

Director

Active

Sébastien GULPEN

Director

Active

TONY VANDERBEUKEN

Director

Active

Ended mandates

SÉBASTIEN GULPEN

Director · since 02 janvier 2024

Ended

LUDO BREPOELS

Director · since 14 septembre 2023

Ended

MARC VANDERBEUKEN

Director · since 22 juillet 2010

Ended

TONY VANDERBEUKEN

Director · since 23 janvier 2006

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/12/2024
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates27/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates11/10/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/11/2014
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/08/2010
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares10/06/2009
KAPITAAL - AANDELEN
PDF
Mandates30/09/2008
ONTSLAGEN - BENOEMINGEN
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 2025-105,3 k €↓
2024
Annual accounts 202416,1 k €↓
2023
Annual accounts 202343,2 k €↓
2022
Annual accounts 202265,5 k €↑
2021
Annual accounts 202120,7 k €↓
2020
Annual accounts 202029,1 k €↑
2019
Annual accounts 201921,5 k €↓
2018
Annual accounts 201836,6 k €↓
2017
Annual accounts 201756,1 k €↑
2016
Annual accounts 20166,2 k €↓
2015
Annual accounts 201510,7 k €↑
2014
Annual accounts 2014-2,1 k €↓
2013
Annual accounts 201313,7 k €↓
2012
Annual accounts 201216,3 k €↑
2011
Annual accounts 2011-9,6 k €↓
2010
Annual accounts 20108,9 k €↑
2009
Annual accounts 20093,1 k €↑
2008
Annual accounts 20082,7 k €↓
2007
Annual accounts 200741,2 k €
23/01/2006
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

VANHAN

Overview

What does VANHAN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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