ACTIVE

VHBSolidus

Export PDF

Financial year 2025 · closed on 31/03/2025

Net result

128 k €

-25.4% YoY

Gross margin

255,7 k €

-7.8% YoY

Equity

1,8 M €

-1.8% YoY

What does VHBSolidus do?

VHBSolidus is a Private limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Izegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0892.311.809

Incorporation

26/09/2007

Legal form

Private limited company

Registered office

Vageweenstraat 10
8870 Izegem · FlandreSee on map

Contributed capital

25 200,00 €

Latest accounts

31/03/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 74151Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	255,7 k €	-7.8%	277,4 k €	-59.8%	689,2 k €	+263%	190 k €	-37.6%	304,4 k €	-0.3%	305,2 k €	+54.0%	198,2 k €	+14.9%	172,5 k €	-21.3%	219,1 k €	+44.3%	151,8 k €	+10.9%	136,9 k €	+80.8%	75,7 k €	-47.3%	143,8 k €	-10.2%	160 k €	+128%	70,2 k €	-56.3%	160,8 k €	+21.5%	132,4 k €
EBITDA	252,2 k €	-8.0%	274,3 k €	-60.0%	686,5 k €	+266%	187,3 k €	-37.9%	301,7 k €	+0.6%	299,8 k €	+53.2%	195,7 k €	+15.1%	170 k €	-21.8%	217,3 k €	+46.9%	148 k €	+10.1%	134,4 k €	+82.4%	73,7 k €	-47.9%	141,4 k €	-11.1%	159,1 k €	+128%	69,8 k €	-56.5%	160,4 k €	+21.9%	131,6 k €
Operating result	225,5 k €	-8.6%	246,8 k €	-62.6%	658,9 k €	+312%	159,8 k €	-41.7%	274,1 k €	-2.7%	281,8 k €	+64.4%	171,5 k €	+18.4%	144,8 k €	-24.1%	190,8 k €	+86.8%	102,1 k €	+10.6%	92,3 k €	+78.2%	51,8 k €	-63.0%	139,8 k €	-12.1%	159,1 k €	+128%	69,8 k €	-56.5%	160,4 k €	+21.9%	131,6 k €
Net result	128 k €	-25.4%	171,6 k €	-65.1%	492,1 k €	+412%	96,2 k €	-43.3%	169,5 k €	+4.2%	162,7 k €	+58.0%	103 k €	+39.6%	73,7 k €	-38.0%	119 k €	+164%	45 k €	-1.5%	45,7 k €	+3517%	1,3 k €	-98.5%	82,8 k €	-12.1%	94,2 k €	+384%	19,4 k €	-74.7%	76,8 k €	-73.6%	291 k €
Balance sheet
Equity	1,8 M €	-1.8%	1,8 M €	+0.3%	1,8 M €	+36.8%	1,3 M €	+7.6%	1,2 M €	+15.7%	1,1 M €	+17.7%	908,4 k €	+12.6%	807 k €	+9.9%	734,5 k €	+15.9%	633,6 k €	+7.7%	588,5 k €	+5.5%	557,8 k €	+0.2%	556,5 k €	+13.2%	491,7 k €	+23.7%	397,5 k €	+5.1%	378,1 k €	+25.5%	301,2 k €
Total assets	3,3 M €	+4.3%	3,2 M €	+4.4%	3,1 M €	+45.4%	2,1 M €	-4.7%	2,2 M €	+9.2%	2 M €	+7.2%	1,9 M €	+4.0%	1,8 M €	+2.1%	1,8 M €	+14.9%	1,5 M €	+0.9%	1,5 M €	-4.4%	1,6 M €	+25.4%	1,3 M €	-1.1%	1,3 M €	+8.2%	1,2 M €	-3.7%	1,2 M €	+4.4%	1,2 M €
Cash	740 k €	+68.1%	440,2 k €	+134%	188 k €	+0.5%	187,1 k €	+226%	57,4 k €	+8.3%	53 k €	-57.4%	124,4 k €	+1039%	10,9 k €	+130%	4,7 k €	-46.2%	8,8 k €	+741%	1 k €	+128%	459,8 €	-94.3%	8,1 k €	+2211%	352 €	-60.2%	885,5 €	-44.2%	1,6 k €	+48.1%	1,1 k €
Debts	1,4 M €	+10.5%	1,3 M €	+9.3%	1,2 M €	+55.6%	769,5 k €	-20.2%	964,5 k €	+1.8%	947,2 k €	-2.4%	970,1 k €	-3.7%	1 M €	-3.4%	1 M €	+16.9%	891,7 k €	-3.3%	922,2 k €	-10.1%	1 M €	+45.5%	704,7 k €	-11.3%	794,8 k €	+3.6%	767 k €	-8.0%	833,8 k €	-5.1%	878,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Jeroen VANHAVERBEKE

Director

Active

Ended mandates

Jeroen Vanhaverbeke

Mandate

Ended

Jeroen VANHAVERBEKE

Manager

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	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2025	25/09/2024	13/07/2023	29/06/2022	05/10/2021	20/10/2020
General meeting	21/06/2025	21/09/2024	20/06/2023	02/06/2022	18/09/2021	19/09/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	21/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/03/2024	21/09/2024	25/09/2024	Dutch	PDF
Abridged model	31/03/2023	20/06/2023	13/07/2023	Dutch	PDF
Abridged model	31/03/2022	02/06/2022	29/06/2022	Dutch	PDF
Abridged model	31/03/2021	18/09/2021	05/10/2021	Dutch	PDF
Abridged model	31/03/2020	19/09/2020	20/10/2020	Dutch	PDF
Abridged model	31/03/2019	21/09/2019	30/09/2019	Dutch	PDF
Abridged model	31/03/2018	15/09/2018	18/09/2018	Dutch	PDF
Abridged model	31/03/2017	16/09/2017	18/09/2017	Dutch	PDF
Abridged model	31/03/2016	17/09/2016	19/09/2016	Dutch	PDF
Abridged model	31/03/2015	19/09/2015	25/09/2015	Dutch	PDF
Abridged model	31/03/2014	20/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	21/09/2013	23/09/2013	Dutch	PDF
Abridged model	31/03/2012	15/09/2012	17/09/2012	Dutch	PDF
Abridged model	31/03/2011	17/09/2011	26/09/2011	Dutch	PDF
Abridged model	31/03/2010	18/09/2010	21/09/2010	Dutch	PDF
Abridged model	31/03/2009	19/09/2009	13/10/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2025 · 1 active · 2 ended

Active mandates

Jeroen VANHAVERBEKE

Director

Active

Ended mandates

Jeroen Vanhaverbeke

Mandate

Ended

Jeroen VANHAVERBEKE

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/03/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/08/2013
MAATSCHAPPELIJKE ZETEL
PDF
Other04/10/2007
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 2025128 k €↓
2024
Annual accounts 2024171,6 k €↓
2023
Annual accounts 2023492,1 k €↑
2022
Annual accounts 202296,2 k €↓
2021
Annual accounts 2021169,5 k €↑
2020
Annual accounts 2020162,7 k €↑
2019
Annual accounts 2019103 k €↑
2018
Annual accounts 201873,7 k €↓
2017
Annual accounts 2017119 k €↑
2016
Annual accounts 201645 k €↓
2015
Annual accounts 201545,7 k €↑
2014
Annual accounts 20141,3 k €↓
2013
Annual accounts 201382,8 k €↓
2012
Annual accounts 201294,2 k €↑
2011
Annual accounts 201119,4 k €↓
2010
Annual accounts 201076,8 k €↓
2009
Annual accounts 2009291 k €
26/09/2007
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

VHBSolidus

Overview

What does VHBSolidus 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