VAN HEMELEN

Active Private limited companyfounded 1991active for 34 yearsIndustrieweg 4, 2330 MerksplasKBO/BCE: BE 0445.901.080 #8 oldest company in Merksplas, Construction sector

VAN HEMELEN

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 23-03-2026, 130 days before the deadline

€344,114

▼ 6.0%

€114,290

▲ 0.9%

€173,311

▲ 1.6%

€141,283

▲ 9.3%

60.4%

▼ 3.8 percentage points

2.86

▼ 0.17

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €880,000. Estimated: probably between €740,000 and €1.1m.

In the rankings #8 oldest company in Merksplas, Construction sector

Balance sheet

balance sheet total €1.1m on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

60.4%

Higher than 69% of 9,973 companies in 2025.

2.86

Higher than 73% of 9,836 companies in 2025.

7.5%

Higher than 58% of 9,905 companies in 2025.

VAN HEMELEN Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half

Staff

€83,633

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2025, 7 people joined and 8 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	1.1m	1.1m	1.2m	1.3m	1.5m	1.4m	1.1m	1.1m	1.1m	856,817	777,124	699,730	827,707	1.1m	1.3m	665,313	771,909	532,332	549,735	496,792
`20`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`21/28`	93,299	144,132	146,518	236,707	290,284	317,204	283,286	309,486	415,228	192,037	236,042	256,784	213,131	250,159	301,817	359,178	406,992	350,595	345,453	327,376
`21`	-	-	-	-	-	-	-	-	4,000	8,000	12,000	16,000	0	-	-	-	-	-	-	-
`22/27`	83,299	134,132	136,518	236,707	290,284	317,204	283,286	309,486	411,228	184,037	224,042	240,784	213,131	250,159	301,817	359,178	406,992	350,595	345,453	327,376
`22`	31,456	59,241	87,758	116,779	139,536	167,511	195,504	223,667	315,838	136,173	158,379	181,446	204,469	188,847	207,052	225,256	243,460	261,664	279,868	286,074
`23`	19,835	23,318	16,911	31,325	43,412	40,061	7,094	11,450	16,038	8,006	10,070	9,134	6,487	668	2,281	5,498	8,747	9,533	4,010	5,345
`24`	32,008	51,574	31,849	81,346	87,862	69,082	19,064	24,501	32,160	19,786	27,212	30,795	2,174	49,089	63,336	81,681	90,447	55,239	61,574	35,958
`25`	-	-	0	7,257	19,475	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`26`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`27`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`28`	10,000	10,000	10,000	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`29/58`	1.0m	1.0m	1.1m	1.1m	1.2m	1.1m	848,629	793,012	707,485	664,780	541,083	442,946	614,577	886,181	980,405	306,135	364,917	181,738	204,282	169,416
`29`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
`290`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`291`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`3`	117,334	173,989	163,675	252,943	194,922	178,100	170,580	213,835	137,527	69,270	78,612	120,861	151,357	710,408	760,399	124,542	135,048	92,109	128,500	77,491
`30/36`	115,834	153,636	163,470	240,286	189,678	131,461	149,997	161,196	121,848	68,614	72,334	91,253	96,357	669,161	732,399	96,542	100,048	88,208	48,500	54,991
`37`	1,500	20,353	205	12,657	5,244	46,639	20,583	52,639	15,679	656	6,278	29,609	55,000	41,247	28,000	28,000	35,000	3,901	80,000	22,500
`40/41`	784,597	598,508	674,900	466,468	563,928	356,145	477,270	393,617	508,877	399,550	262,443	222,145	429,808	156,468	205,462	170,223	204,027	72,757	72,500	73,013
`40`	233,248	200,983	218,531	192,829	181,305	198,440	284,934	220,140	257,708	240,527	164,530	143,567	189,708	121,486	175,790	124,489	151,550	50,140	63,601	66,810
`41`	551,349	397,525	456,369	273,639	382,623	157,705	192,337	173,476	251,169	159,023	97,913	78,578	240,100	34,982	29,672	45,735	52,477	22,617	8,899	6,203
`50/53`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`54/58`	102,772	230,620	232,278	381,416	412,682	525,472	186,553	173,583	51,966	182,810	188,504	99,485	32,608	18,751	7,573	11,030	20,413	16,872	2,669	16,592
`490/1`	0	269	674	1,389	8,107	14,545	14,226	11,977	9,115	13,151	11,524	454	803	553	6,971	341	5,429	-	613	2,320
Balance sheet: equity and liabilities
`10/49`	1.1m	1.1m	1.2m	1.3m	1.5m	1.4m	1.1m	1.1m	1.1m	856,817	777,124	699,730	827,707	1.1m	1.3m	665,313	771,909	532,332	549,735	496,792
`10/15`	663,557	737,630	743,386	645,830	566,007	496,274	467,316	412,640	505,971	439,867	380,655	289,172	127,872	215,376	179,482	157,148	104,970	73,838	49,075	44,757
`10/11`	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592	156,967	156,967	156,967	156,967	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`100`	-	-	-	-	-	-	18,592	18,592	156,967	156,967	156,967	156,967	18,592	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`101`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`11`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`1100/10`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`12`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`13`	644,965	719,038	724,794	627,238	547,415	477,682	448,723	394,048	349,004	282,900	223,688	132,205	109,280	14,180	14,180	14,180	14,180	14,180	14,180	14,180
`130/1`	-	-	0	1,859	1,859	1,859	-	-	-	-	-	-	0	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,859	1,859	13,845	10,540	7,580	3,005	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
`1311`	-	-	0	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`1312`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`1319`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`132`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`133`	644,965	719,038	724,794	625,379	545,556	475,823	446,864	392,189	335,159	272,360	216,109	129,200	107,421	12,321	12,321	12,321	12,321	12,321	12,321	12,321
`14`	0	0	0	0	0	-	-	-	0	0	0	0	0	182,604	146,711	124,376	72,198	41,066	16,304	11,985
`15`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`19`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
`16`	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
`160/5`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`160`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`161`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`162`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`163`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`164/5`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`168`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`17/49`	434,444	409,890	474,659	693,093	903,916	895,192	664,600	689,857	616,742	416,950	396,469	410,558	699,835	920,964	1.1m	508,166	666,939	458,495	500,660	452,035
`17`	81,401	71,230	203,949	264,921	349,836	456,034	335,697	347,662	263,302	67,736	102,610	119,399	127,979	587,514	755,952	312,790	377,734	222,156	220,616	203,906
`170/4`	81,401	71,230	203,949	264,921	349,836	456,034	335,697	347,662	263,302	67,736	102,610	119,399	127,979	587,514	755,952	312,790	377,734	222,156	220,616	203,906
`175`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`176`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`178/9`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`42/48`	350,914	331,201	259,610	422,507	545,143	436,333	326,769	340,064	351,311	349,214	293,859	290,759	571,856	332,093	319,299	180,031	231,577	205,986	255,595	238,510
`42`	39,829	40,215	60,972	84,915	89,430	57,110	51,781	69,353	71,737	34,874	33,537	29,136	55,535	65,938	63,961	62,597	63,657	26,531	30,839	25,878
`43`	0	23,505	27,681	35,049	90,035	40,467	28,794	10,031	50,000	40,000	40,000	-	45,538	5	16,105	7,547	21,842	5,000	20,561	21,709
`430/8`	0	23,505	27,681	35,049	90,035	40,467	28,794	10,031	50,000	40,000	40,000	0	45,538	5	16,105	7,547	21,842	5,000	20,561	21,709
`439`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`44`	94,962	89,992	84,560	180,719	219,387	190,518	215,085	228,570	202,673	188,104	134,463	153,291	220,826	134,821	148,546	55,063	106,080	48,994	82,974	71,610
`440/4`	94,962	89,992	84,560	180,719	219,387	190,518	215,085	228,570	202,673	188,104	134,463	153,291	220,826	134,821	148,546	55,063	106,080	48,994	82,974	71,610
`441`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`46`	-	-	-	-	-	-	-	-	0	0	0	0	0	1,797	-	-	-	-	-	-
`45`	19,019	5,670	13,013	17,244	20,833	20,862	2,353	27,419	26,901	20,822	34,136	51,240	47,858	34,991	28,384	21,411	18,440	19,915	10,503	3,333
`450/3`	15,196	1,022	8,356	8,907	12,883	13,087	2,353	1,366	5,724	5,746	25,878	47,701	31,902	20,381	14,051	14,051	8,451	8,451	521	-
`454/9`	3,823	4,648	4,657	8,336	7,950	7,775	0	26,054	21,177	15,076	8,257	3,539	15,955	14,610	14,333	7,360	9,990	11,464	9,983	3,333
`47/48`	197,105	171,820	73,383	104,579	125,458	127,376	28,755	4,690	0	65,413	51,723	57,091	202,100	94,541	62,302	33,414	21,557	105,546	110,718	115,981
`492/3`	2,130	7,459	11,100	5,666	8,937	2,824	2,135	2,131	2,128	0	0	400	0	1,357	27,489	15,345	57,629	30,353	24,448	9,619
Income statement
`70`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`76A`	0	10,854	11,141	0	5,503	4,794	12,507	6,615	0	7,854	2,631	30,417	5,200	6,126	13,480	2,944	15,015	2,909	813	1,769
`9900`	344,114	366,263	538,416	619,977	713,272	778,477	886,738	793,421	742,093	535,132	561,802	305,481	370,876	414,803	386,207	413,204	307,592	259,779	144,550	133,453
`60/61`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`62`	167,266	190,200	254,047	325,426	338,065	474,031	671,796	617,360	528,395	332,906	332,579	209,121	175,481	233,867	268,944	243,987	166,136	128,920	58,095	55,740
`630`	59,021	57,384	69,047	80,912	85,916	73,725	67,942	71,874	81,529	53,503	55,430	54,157	44,596	55,726	59,205	62,229	65,811	53,800	48,683	37,625
`631/4`	-	-	-	-	-	-	-	-	0	10,932	-9,041	0	0	-	-	-	-	-	-	4,728
`635/8`	-	-	-	-	-	-	-	-	0	0	0	0	15,723	-474	258	1,407	320	-	-	-
`640/8`	3,537	5,458	6,132	8,148	4,343	6,021	8,814	6,590	6,184	5,455	7,232	11,475	6,391	19,644	6,261	4,683	5,408	3,406	3,518	2,987
`649`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`66A`	-	0	11,312	1,266	-	-	-	-	0	0	0	98	109	2,472	-	-	4,427	-	-	-
`9901`	114,290	113,221	197,878	204,226	284,948	224,700	138,187	97,597	125,985	132,337	175,602	30,728	128,685	106,039	51,538	100,899	69,917	73,653	34,253	32,373
`75/76B`	11,159	8,041	25,064	21,003	12,764	18,139	8,287	6,415	3,634	1,007	6,161	1,671	6,162	6,513	5,469	3,601	2,453	3,225	2,640	2,480
`75`	11,159	8,041	25,064	21,003	12,764	18,139	8,287	6,415	3,634	1,007	6,161	1,671	6,162	6,513	5,469	3,601	2,453	3,225	2,640	2,480
`76B`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`65/66B`	8,853	20,101	17,646	12,279	13,248	20,417	33,186	40,688	25,335	22,867	25,629	23,979	39,983	62,520	39,421	31,214	31,589	29,627	32,867	29,037
`65`	8,853	20,101	17,646	12,279	13,248	20,417	33,186	40,688	25,335	22,867	25,629	23,979	39,983	62,520	39,421	31,214	31,589	29,627	32,867	29,037
`66B`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
`9903`	116,596	101,161	205,296	212,950	284,463	222,423	113,288	63,324	104,283	110,476	158,765	38,739	99,955	53,687	31,066	76,229	51,369	50,159	4,839	7,585
`67/77`	34,334	29,316	62,697	67,023	89,273	66,087	35,687	18,280	38,180	51,264	67,282	15,813	28,709	17,793	8,732	24,051	20,237	13,451	521	-
`9904`	82,262	71,845	142,600	145,927	195,190	156,335	77,601	45,044	66,104	59,212	91,483	22,926	71,246	35,893	22,335	52,178	31,132	36,708	4,319	7,585
`789`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`9905`	82,262	71,845	142,600	145,927	195,190	156,335	77,601	45,044	66,104	59,212	91,483	22,926	71,246	35,893	22,335	52,178	31,132	36,708	4,319	7,585
Appropriation of the result
`9906`	82,262	71,845	142,600	145,927	195,190	156,335	77,601	45,044	66,104	59,212	91,483	22,926	253,850	182,604	146,711	124,376	72,198	53,011	16,304	11,985
`791/2`	156,335	77,601	45,044	66,104	125,458	127,376	22,926	11,986	0	0	0	0	7,039	-	-	-	-	-	-	-
`691/2`	82,262	71,845	142,600	145,927	195,190	156,335	77,601	57,030	66,104	59,212	91,483	22,926	102,139	-	-	-	-	-	-	-
`691`	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	-	-	-	-
`6920`	-	-	-	-	-	-	-	-	3,305	2,961	4,574	1,146	0	-	-	-	-	-	-	-
`6921`	82,262	71,845	142,600	145,927	195,190	156,335	77,601	57,030	62,799	56,251	86,909	21,779	102,139	-	-	-	-	-	-	-
`694/7`	156,335	77,601	45,044	66,104	125,458	127,376	22,926	-	-	-	-	-	158,750	-	-	-	-	11,945	-	-
`694`	156,335	77,601	45,044	66,104	125,458	127,376	22,926	-	0	0	0	0	153,750	-	-	-	-	5,945	-	-
`695`	-	-	-	-	-	-	-	-	0	0	0	0	5,000	-	-	-	-	6,000	-	-
`696`	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	2	2.5	3.5	5	5.3	7.9	10.6	10.6	9.1	6	6.4	3.8	3.3	4.6	5.8	5.6	4	3.1	1.6	1.5
Hours worked`1013`	3,974	4,672	6,059	8,998	10,042	13,607	20,285	194,598	16,786	11,663	11,633	7,127	5,480	8,220	10,588	9,812	6,803	5,072	2,269	2,500
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 23-03-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	23-03-2026	2026-00058890	PDF
31-12-2024	abbreviated format	26-05-2025	2025-00105133	PDF
31-12-2023	abbreviated format	27-05-2024	2024-00096086	PDF
31-12-2022	abbreviated format	05-06-2023	2023-00105893	PDF
31-12-2021	abbreviated format	30-06-2022	2022-20109676	PDF
31-12-2020	abbreviated format	21-06-2021	2021-22100105	PDF
31-12-2019	abbreviated format	09-06-2020	2020-15300042	PDF
31-12-2018	abbreviated format	21-06-2019	2019-20400071	PDF
31-12-2017	abbreviated format	05-06-2018	2018-15500558	PDF
31-12-2016	abbreviated format	29-06-2017	2017-22000418	PDF
31-12-2015	abbreviated format	07-06-2016	2016-15400233	PDF
31-12-2014	abbreviated format	16-06-2015	2015-16900511	PDF
31-12-2013	abbreviated format	24-07-2014	2014-33300235	PDF
31-12-2012	abbreviated format	26-07-2013	2013-34700493	PDF
31-12-2011	abbreviated format	26-07-2012	2012-35100360	PDF
31-12-2010	abbreviated format	01-07-2011	2011-24600165	PDF
31-12-2009	abbreviated format	25-06-2010	2010-22000545	PDF
31-12-2008	abbreviated format	11-06-2009	2009-22500233	PDF
31-12-2007	abbreviated format	01-07-2008	2008-34400134	PDF
31-12-2006	abbreviated format	26-06-2007	2007-29800081	PDF
31-12-2005	abbreviated format	04-07-2006	2006-40203242	PDF
31-12-2004	abbreviated format	14-07-2005	2005-48604908	PDF
31-12-2003	abbreviated format	07-07-2004	2004-41704220	PDF
31-12-2002	abbreviated format	02-07-2003	2003-37202192	PDF
31-12-2001	abbreviated format	25-07-2002	2002-42004137	PDF
31-12-2000	abbreviated format	01-10-2001	2001-60405291	PDF
31-12-1999	abbreviated format	12-10-2000	2000-64401351	PDF
31-12-1998	abbreviated format	28-09-1999	1999-49405027	PDF
31-12-1997	abbreviated format	01-10-1998	1998-50604364	PDF
31-12-1996	abbreviated format	26-09-1997	1997-45600208	PDF
31-12-1995	abbreviated format	30-09-1996	1996-45700671	PDF
31-12-1994	abbreviated format	28-09-1995	1995-51300655	PDF
31-12-1993	abbreviated format	05-07-1994	1994-26601312	PDF
31-12-1992	abbreviated format	13-07-1993	1993-26004903	PDF

Subsidies and aid

Flemish government 2025, 1 entry, €107 awarded, €107 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

€107

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
173,311	170,605	266,926	285,138	370,863	298,425	206,129	169,471	207,514	185,840	231,031	84,885	173,281	161,765	110,744	163,128	135,728	127,453	82,937	69,997
141,283	129,229	211,647	226,839	281,106	230,060	145,543	116,918	147,633	112,714	146,912	77,083	115,842	91,619	81,540	114,407	96,943	90,508	53,002	45,210
8,188	68,111	36,195	33,601	62,543	113,708	56,128	70,955	304,720	27,334	34,687	97,909	7,677	21,415	1,845	14,415	126,635	58,942	66,760	29,785
-127,849	-1,658	-149,138	-31,265	-112,790	338,919	12,970	121,617	-130,844	-5,694	89,018	66,877	13,858	11,178	-3,457	-9,383	3,541	14,203	-13,923	-
653,788	672,186	811,917	679,710	634,496	637,929	521,861	452,948	356,174	315,566	247,224	152,187	42,720	554,088	661,106	126,104	133,341	-24,248	-51,313	-69,094
60.4%	64.3%	61.0%	48.2%	38.5%	35.7%	41.3%	37.4%	45.1%	51.3%	49.0%	41.3%	15.4%	19.0%	14.0%	23.6%	13.6%	13.9%	8.9%	9.0%
2.86	3.03	4.13	2.61	2.16	2.46	2.60	2.33	2.01	1.90	1.84	1.52	1.07	2.67	3.07	1.70	1.58	0.88	0.80	0.71
2.53	2.50	3.50	2.01	1.81	2.05	2.08	1.70	1.62	1.71	1.57	1.11	0.81	0.53	0.69	1.01	0.99	0.44	0.30	0.39
0.65	0.56	0.64	1.07	1.60	1.80	1.42	1.67	1.22	0.95	1.04	1.42	5.47	4.28	6.14	3.23	6.35	6.21	10.20	10.10
12.4%	9.7%	19.2%	22.6%	34.5%	31.5%	16.6%	10.9%	13.1%	13.5%	24.0%	7.9%	55.7%	16.7%	12.4%	33.2%	29.7%	49.7%	8.8%	16.9%
7.5%	6.3%	11.7%	10.9%	13.3%	11.2%	6.9%	4.1%	5.9%	6.9%	11.8%	3.3%	8.6%	3.2%	1.7%	7.8%	4.0%	6.9%	0.8%	1.5%
19.58	8.49	15.13	23.22	27.99	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	3	4	4	6	7
full-time	1	1	2	3	4
part-time	2	3	2	3	3
in full-time equivalents	2	2.2	3	4.6	5.2
	2	2.5	3.5	5	5.3
On a permanent contract	3	3	4	5	6
Joined	7	5	4	3	9
Left	8	5	6	4	12

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€8,188	€68,111	€26,195	€33,601	€62,543
Financial fixed assets	-	-	€10,000	-	-
	€59,021	€57,384	€69,047	€80,912	€85,916

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on VAN HEMELEN

The operating result for 2025 is 1% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 35.7% to 39.6%. Equity is lower and debt is higher.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency60.4%

Current ratio2.86

Return on assets7.5%

Staff

Staff cost per FTE€83,633

Joined and left-1 person

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2025, 1 entry, €107 awarded, €107 paid

Key figures and ratios

Social balance sheet

Investments

Insights on VAN HEMELEN

Next steps

in euro

in euro

60.4%

2.86

7.5%

€83,633

-1 person