Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Van Hool from Lier, company number BE0404060032, closed financial year 2022 with a result of € -18.5 million after tax. For that financial year Van Hool recorded revenue of € 490.6 million and equity of € 22.6 million. Compared with financial year 2021, the result moved from € -63.3 million to € -18.5 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2023.
€ 22.6 million
▼ 37% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18.5 million
▲ 71 % less loss than in 2021
Profit after tax over the fiscal year.
€ 4.5 million
▲ 35% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.4 million.
People and assets in 2022
2,535.8
▼ 227.8 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 128.7 million
▲ 23% vs 2021
€ 50,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 858,936
▲ 72% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 228.2 million
▲ 8% vs 2021
€ 26.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 113.5 million
▲ 69% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 103 days on average.
€ 40.9 million
▲ 7% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 258,998,793 | € 490,621,470 | ▲ 89% |
| Profit after taxes | € -63,343,283 | € -18,488,084 | ▲ € 44.9 million |
| Equity | € 36,057,304 | € 22,592,254 | ▼ 37% |
| Total debts | € 344,175,998 | € 413,786,620 | ▲ 20% |
| Cash | € 3,348,129 | € 4,514,259 | ▲ 35% |
| Land & buildings | € 5,138,386 | € 4,853,455 | ▼ 6% |
| Retained profit | € 11,057,304 | € -7,430,780 | ▼ € 18.5 million |
| Bank debt | € 211,139,203 | € 228,201,060 | ▲ 8% |
| Balance sheet total | € 397,326,095 | € 450,830,468 | ▲ 13% |
| Employees (FTE) | 2,763.6 | 2,535.8 | ▼ 227.8 |
Key figures of Van Hool, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to Van Hool?
What happened at Van Hool in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Van Hool is active according to the CBE. Legal situation: Opening faillissement.
- Clement De Meersman BV stepped down as director. NBB
- Peter Ramaut BV stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 18.5 million. Source: NBB ↗
- Frank Filip VAN HOOL stepped down as director. NBB
- FiVH MANAGEMENT BV stepped down as director. NBB
- Jan Bernard VAN HOOL stepped down as director. NBB
- Manax BV stepped down as director. NBB
- Eenbeek BV stepped down as director. NBB
In short
From € 63.3 million loss in 2021 to € 18.5 million loss in 2022.
Pays suppliers within 103 days on average.
Management
It owns 100% of Van Hool US Holding Inc, 100% of Van Hool France SAS, 100% of Van Hool Polska Sp. z o.o., 100% of Van Hool Nederland BV, 100% of Van Hool Österreich GMBH and 100% of Van Hool (U.K.) Limited itself.
Directors
According to the 2022 annual accounts
Frank Filip VAN HOOL
Director
since 2017 · until 2023
Director · represented by Filip VAN HOOL
since 2017 · until 2023
Director · represented by Clement De Meersman
since 2022 · until 2025
Jan Bernard VAN HOOL
Director
since 2017 · until 2023
Director · represented by Werner Krott
Also active at: Floré, FLOREAC, ID' FLOR, Ostroplant, MF Hold, LoDc
since 2022 · until 2023
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
Bernard Van Hoolstraat 58
2500 Lier
Bernard Van Hoolstraat 61
2500 Lier
Active since 1 August 1954
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
vanhool.com
Registered
1998-07-22
Registrar
EuroDNS S.A.
Expires
2026-07-21
Website info
Features
Security
Details
- Company number
- 0404.060.032
- VAT number
- BE 0404.060.032
- Registered office
- Bernard Van Hoolstraat 58, 2500 Lier
- Names & denominations
- Van Hool
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 26 August 1954
- Peppol
- Not registered
- Contact
- vanhool.com [email protected] +3234202020
- Activities · NACE
Vervaardiging van motorvoertuigen
Vervaardiging en assemblage van auto's
Groothandel in aanhangwagens, opleggers en caravans
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handel in aanhangwagens, opleggers, caravans en dergelijke
Onderhoud en reparatie van auto's
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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