ACTIVE

DE VREES

Financial year 2024 · closed on 31/12/2024
Net result
2 k €
-67.9% YoY
Gross margin
76,9 k €
-4.4% YoY
Equity
446,7 k €
+0.5% YoY

What does DE VREES do?

DE VREES is a Public limited company incorporated in 2006. Its registered office is in Heist-op-den-Berg.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0883.903.095
Incorporation
25/09/2006
Legal form
Public limited company
Registered office
Koppenstraat 2
2221 Heist-op-den-Berg · FlandreSee on map
Contributed capital
248 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin76,9 k €80,4 k €74,3 k €56,2 k €60,4 k €81,4 k €91,7 k €71,5 k €84,3 k €123,5 k €77 k €89,5 k €73,8 k €48,5 k €
EBITDA60,4 k €64,6 k €59 k €41,4 k €46,8 k €27,1 k €58,5 k €75,4 k €90,7 k €70,4 k €80,7 k €62,5 k €75,4 k €116,7 k €71,1 k €83,7 k €73,7 k €48,2 k €
Operating result3,2 k €7,5 k €4,5 k €-6,9 k €1,6 k €-18,1 k €15,2 k €10,6 k €34,6 k €35,2 k €45,3 k €20,7 k €33,3 k €67,1 k €21,5 k €34,8 k €29 k €3,8 k €
Net result2 k €6,3 k €3 k €-8,6 k €-22,3 €-20,8 k €8,9 k €6,8 k €25,4 k €30 k €31,8 k €12,4 k €20,8 k €45,2 k €5 k €12,4 k €13,3 k €5 k €
Balance sheet
Equity446,7 k €444,7 k €438,4 k €435,5 k €444,1 k €444,1 k €464,9 k €456,1 k €449,2 k €423,9 k €393,9 k €362,1 k €349,6 k €328,9 k €283,7 k €278,7 k €80,3 k €67 k €
Total assets495,7 k €575,1 k €610,2 k €621,7 k €610 k €587,3 k €614,6 k €617,9 k €488,5 k €500,2 k €499,8 k €557,3 k €555,8 k €606,2 k €877,1 k €827 k €892,2 k €922,4 k €
Cash36 k €157,6 k €27,6 k €105,5 k €39,2 k €22 k €69,8 k €16,7 k €18,8 k €78,7 k €25,4 k €16,9 k €6,1 k €82,9 k €68,1 k €33,2 k €83,5 k €19,2 k €
Debts49 k €68,1 k €171,8 k €185,7 k €165,9 k €112,6 k €130,8 k €161,9 k €39,2 k €76,3 k €106 k €195,2 k €206,2 k €277,3 k €593,4 k €548,3 k €811,9 k €855,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 13 ended

Active mandates

Els Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active
Herman Michiels

Managing director · since 20 novembre 2024 · until 07 juin 2030

Active
Isabelle Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active
Philip Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active

Ended mandates

Els Michiels

Director · since 27 novembre 2020 · until 07 juin 2024

Ended
Isabelle Michiels

Director · since 19 février 2020 · until 07 juin 2024

Ended
Herman Michiels

Managing director · since 01 juin 2018 · until 07 juin 2024

Ended
Philip Michiels

Director · since 01 juin 2018 · until 19 février 2020

Ended
At this address

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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/08/202528/08/202428/06/202328/06/202231/08/202130/06/2020
General meeting06/06/202507/06/202402/06/202303/06/202204/06/202105/06/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202406/06/202529/08/2025DutchPDF
Abridged model31/12/202307/06/202428/08/2024DutchPDF
Abridged model31/12/202202/06/202328/06/2023DutchPDF
Abridged model31/12/202103/06/202228/06/2022DutchPDF
Abridged model31/12/202004/06/202131/08/2021DutchPDF
Full model31/12/201905/06/202030/06/2020DutchPDF
Full model31/12/201807/06/201904/07/2019DutchPDF
Full model31/12/201701/06/201826/06/2018DutchPDF
Full model31/12/201602/06/201730/06/2017DutchPDF
Abridged model31/12/201503/06/201601/07/2016DutchPDF
Abridged model31/12/201405/06/201523/06/2015DutchPDF
Abridged model31/12/201306/06/201425/06/2014DutchPDF
Abridged model31/12/201207/06/201303/07/2013DutchPDF
Abridged model31/12/201101/06/201220/08/2012DutchPDF
Abridged model31/12/201003/06/201129/06/2011DutchPDF
Abridged model31/12/200904/06/201029/06/2010DutchPDF
Abridged model31/12/200805/06/200924/06/2009DutchPDF
Abridged model31/12/200706/06/200817/06/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2024 · 4 active · 13 ended

Active mandates

Els Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active
Herman Michiels

Managing director · since 20 novembre 2024 · until 07 juin 2030

Active
Isabelle Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active
Philip Michiels

Director · since 20 novembre 2024 · until 07 juin 2030

Active

Ended mandates

Els Michiels

Director · since 27 novembre 2020 · until 07 juin 2024

Ended
Isabelle Michiels

Director · since 19 février 2020 · until 07 juin 2024

Ended
Herman Michiels

Managing director · since 01 juin 2018 · until 07 juin 2024

Ended
Philip Michiels

Director · since 01 juin 2018 · until 19 février 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/10/2006
    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. 2024
    Annual accounts 20242 k €
  2. 2023
    Annual accounts 20236,3 k €
  3. 2022
    Annual accounts 20223 k €
  4. 2021
    Annual accounts 2021-8,6 k €
  5. 2020
    Annual accounts 2020-22,3 €
  6. 2019
    Annual accounts 2019-20,8 k €
  7. 2018
    Annual accounts 20188,9 k €
  8. 2017
    Annual accounts 20176,8 k €
  9. 2016
    Annual accounts 201625,4 k €
  10. 2015
    Annual accounts 201530 k €
  11. 2014
    Annual accounts 201431,8 k €
  12. 2013
    Annual accounts 201312,4 k €
  13. 2012
    Annual accounts 201220,8 k €
  14. 2011
    Annual accounts 201145,2 k €
  15. 2010
    Annual accounts 20105 k €
  16. 2009
    Annual accounts 200912,4 k €
  17. 2008
    Annual accounts 200813,3 k €
  18. 2007
    Annual accounts 20075 k €
  19. 25/09/2006
    IncorporationPublic limited company