ACTIVE

VHVC

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Financial year 2025 · closed on 30/06/2025
Net result
2,8 k €
-95.6% YoY
Gross margin
175 k €
+53.4% YoY
Equity
1,8 M €
-28.7% YoY

What does VHVC do?

VHVC is a Private limited company incorporated in 2008. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Aalst.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.296.313
Incorporation
03/06/2008
Legal form
Private limited company
Registered office
Hogeweg 3 box B
9320 Aalst · FlandreSee on map
Contributed capital
1,00 €
Latest accounts
30/06/2025
Activities (NACE)
68201Rental and operating of own or leased real estate· main68201Rental and operating of own or leased real estate69102Legal activities69102Legal activities
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172015201420132012201120102009
Income statement
Gross margin175 k €114 k €54,4 k €60,3 k €394,7 k €587,1 k €361,7 k €500,1 k €474 k €426,2 k €455,9 k €231 k €203,7 k €166,9 k €138 k €70,1 k €
EBITDA156,8 k €100,3 k €42,6 k €46,1 k €478,5 k €589,5 k €489,3 k €211,8 k €465,2 k €415,2 k €449,7 k €227,4 k €200,4 k €134,5 k €-196,9 k €66,7 k €
Operating result30,8 k €-17,1 k €-105,6 k €-48,4 k €371 k €504,3 k €404,4 k €74,4 k €374,8 k €319,2 k €327,9 k €153,6 k €157,8 k €114,7 k €-219 k €19,7 k €
Net result2,8 k €64,4 k €1,3 M €-61,2 k €127,8 k €271,4 k €91,2 k €-49,6 k €224,8 k €175,9 k €188,8 k €89,6 k €132,5 k €103,4 k €-221,5 k €12,9 k €
Balance sheet
Equity1,8 M €2,5 M €2,4 M €1,1 M €1,2 M €1 M €766,7 k €675,5 k €725,1 k €500,2 k €324,3 k €135,6 k €45,9 k €-86,6 k €-190 k €31,5 k €
Total assets3,7 M €4,1 M €4,3 M €4,4 M €4,8 M €2,8 M €2,4 M €2,7 M €2,1 M €1,6 M €1,8 M €1,3 M €995,2 k €623,9 k €404,3 k €269,3 k €
Cash71,4 k €96,4 k €367,8 k €1,2 M €219,8 k €146,4 k €52,2 k €128,7 k €109,3 k €235,6 k €102 k €250 k €389,4 k €350,5 k €64,9 k €21,1 k €
Debts1,5 M €1,3 M €1,5 M €3 M €3,2 M €1,3 M €1,1 M €1,4 M €1,1 M €763 k €1,1 M €772,9 k €407,7 k €348,9 k €259,6 k €237,8 k €
Other
Workforce–0,0 ETP––––––––––––––
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 30/06/2025 · 1 active · 3 ended

Active mandates

Tine Van Den Borre

Director · since 27 avril 2023

Active

Ended mandates

Tinneke Van Den Borre

Director · since 27 avril 2023

Ended
Tim Herzeel

Director

Ended
Tim HERZEEL

Manager

Ended
At this address

Other companies at this address

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0753.453.339
ESQON● Active
0753.453.240
RAMA● Active
0476.507.748
VERENIGING VAN MEDEEIGENAARS VAN EEN APPARTEMENTSGEBOUW HOGEWEG 3A-3B TE AALST-EREMBODEGEM● Active
0477.323.241
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelMicro modelAbridged modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/01/202627/02/202530/01/202423/02/202318/02/202226/02/2021
General meeting17/12/202521/12/202428/12/202317/12/202217/01/202219/12/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202517/12/202523/01/2026DutchPDF
Abridged model30/06/202421/12/202427/02/2025DutchPDF
Micro model30/06/202328/12/202330/01/2024DutchPDF
Abridged model30/06/202217/12/202223/02/2023DutchPDF
Micro model30/06/202117/01/202218/02/2022DutchPDF
Micro model30/06/202019/12/202026/02/2021DutchPDF
Micro model30/06/201921/12/201902/03/2020DutchPDF
Micro model30/06/201815/12/201801/02/2019DutchPDF
Abridged model30/06/201716/12/201730/01/2018DutchPDF
Abridged model31/12/201518/06/201629/09/2016DutchPDF
Abridged model31/12/201420/06/201514/09/2015DutchPDF
Abridged model31/12/201321/06/201423/09/2014DutchPDF
Abridged model31/12/201215/06/201323/09/2013DutchPDF
Abridged model31/12/201116/06/201225/06/2012DutchPDF
Abridged model31/12/201018/06/201113/12/2011DutchPDF
Abridged model31/12/200919/06/201022/10/2010DutchPDF
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 30/06/2025 · 1 active · 3 ended

Active mandates

Tine Van Den Borre

Director · since 27 avril 2023

Active

Ended mandates

Tinneke Van Den Borre

Director · since 27 avril 2023

Ended
Tim Herzeel

Director

Ended
Tim HERZEEL

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2017
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/04/2010
    DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other12/06/2008
    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. 2025
    Annual accounts 20252,8 k €↓
  2. 2024
    Annual accounts 202464,4 k €↓
  3. 2023
    Annual accounts 20231,3 M €↑
  4. 2023
    Name changeVHVC
  5. 2022
    Annual accounts 2022-61,2 k €↓
  6. 2022
    Name changeTim Herzeel, Geassocierd Notaris
  7. 2021
    Annual accounts 2021127,8 k €↓
  8. 2020
    Annual accounts 2020271,4 k €↑
  9. 2019
    Annual accounts 201991,2 k €↑
  10. 2018
    Annual accounts 2018-49,6 k €↓
  11. 2017
    Annual accounts 2017224,8 k €↑
  12. 2015
    Annual accounts 2015175,9 k €↓
  13. 2014
    Annual accounts 2014188,8 k €↑
  14. 2013
    Annual accounts 201389,6 k €↓
  15. 2012
    Annual accounts 2012132,5 k €↑
  16. 2011
    Annual accounts 2011103,4 k €↑
  17. 2010
    Annual accounts 2010-221,5 k €↓
  18. 2009
    Annual accounts 200912,9 k €
  19. 03/06/2008
    IncorporationPrivate limited company