Financials
Financial year 2025
VEHO from Izegem, company number BE0448186916, closed financial year 2025 with a result of € 24.8 million after tax. For that financial year VEHO recorded a gross margin of € 332,956 and equity of € 108.8 million. Compared with financial year 2024, the result moved from € 2.5 million to € 24.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 108.8 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24.8 million
▲ € 22.3 million vs 2024
Profit after tax over the fiscal year.
€ 843,957
▲ 201% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 107.6 million.
People and assets in 2025
€ 35,404
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 57,328
▲ 233% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,234
▼ 75% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 394,510 | € 387,965 | € 298,512 | € 332,956 | ▲ 12% |
| Profit after taxes | € 4,751,917 | € 1,416,090 | € 2,498,456 | € 24,807,494 | ▲ € 22.3 million |
| Equity | € 80,049,734 | € 81,465,824 | € 83,964,280 | € 108,771,774 | ▲ 30% |
| Total debts | € 6,365,146 | € 5,796,939 | € 6,593,482 | € 6,158,800 | ▼ 7% |
| Cash | € 2,226,703 | € 3,076,288 | € 280,394 | € 843,957 | ▲ 201% |
| Land & buildings | € 3,034,671 | € 3,092,753 | € 2,926,018 | € 2,798,186 | ▼ 4% |
| Retained profit | € 78,854,734 | € 80,270,824 | € 82,769,280 | € 107,576,774 | ▲ 30% |
| Balance sheet total | € 86,414,880 | € 87,262,763 | € 90,557,762 | € 114,930,574 | ▲ 27% |
Key figures of VEHO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VEHO?
What happened at VEHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philiep Van Eeckhout stepped down as director. NBB
- Christine Vanden Avenne stepped down as director. NBB
- Hendrik Van Eeckhout stepped down as director. NBB
- Karel Van Eeckhout stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 24.8 million (▲ € 22.3 million vs 2024). Source: NBB ↗
- Hendrik Van Eeckhout became a director. NBB
- Karel Van Eeckhout became a director. NBB
- Philiep Van Eeckhout became a director. NBB
In short
From € 4.8 million profit in 2022 to € 24.8 million profit in 2025.
Paid € 553,511 in corporate taxes since 2022.
Best year ever: 2025, with € 24.8 million profit.
Management
It owns 100% of Ciments De La Seine SAS, 96% of Nivelles Beton, 85% of VEM bv, 41.3% of Think2act Capital NV, 25.6% of Kemetyl Group and 25% of Diamur itself.
Directors
According to the 2025 annual accounts
Philiep Van Eeckhout
Managing director
Also active at: GIMARCO, NIVELLES BETON, DIAMUR, RESIDENTIE VALKESTRAAT, DIAMUR COL, PHVE, MOLENDAM - DE MOEREN, DIAMUR SILO +8 more
since 2025 · until 2031
Christine Vanden Avenne
Director
Also active at: VDA-VE, MOLENDAM - DE MOEREN, THINK2ACT ENERGY & MATERIALS, THINK2ACT CAPITAL, Equinox Energy & Materials
since 2025 · until 2031
Hendrik Van Eeckhout
Director
Also active at: GIMARCO, MOLENDAM - DE MOEREN, 4Nature, THINK2ACT ENERGY & MATERIALS, Equinox Energy & Materials
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Baronielaan 5
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0448.186.916
- VAT number
- BE 0448.186.916
- Registered office
- Baronielaan 5, 8870 Izegem
- Names & denominations
- VEHO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1992
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handelsbemiddeling in de niet-gespecialiseerde groothandel