HIPA
0402.081.331 · rovalta.com · 22/09/2026
ACTIVE
HIPA
Financial year 2025 · closed on 31/12/2025
Net result
-63,5 k €
-6707.1% YoY
Gross margin
490,2 k €
-3.0% YoY
Equity
291 k €
-17.9% YoY
Workforce
5,5 ETP
-8.3% YoY
Overview
What does HIPA do?
HIPA is a Public limited company incorporated in 1955. Its registered office is in Merelbeke-Melle. It employs on average 5,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0402.081.331
Incorporation
06/11/1955
Legal form
Public limited company
Registered office
Brusselsesteenweg 70
9090 Merelbeke-Melle · FlandreSee on map
9090 Merelbeke-Melle · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
5,5 ETP
Joint committees (2)
- 140
- 14003
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 490,2 k € | -3.0% | 505,2 k € | -12.9% | 580,1 k € | -1.5% | 588,7 k € | -3.9% | 612,3 k € | -4.9% | 643,7 k € | -6.9% | 691,7 k € | +3.7% | 666,7 k € | +12.6% | 592 k € | -4.2% | 617,9 k € | -3.7% | 641,8 k € | +4.3% | 615,1 k € | -20.9% | 777,8 k € | +149% | 312,9 k € | +23.6% | 253,1 k € | +20.3% | 210,4 k € | +9.5% | 192,2 k € | -15.2% | 226,7 k € |
| EBITDA | 145,9 k € | -5.7% | 154,7 k € | -23.6% | 202,5 k € | +32.2% | 153,2 k € | -25.8% | 206,4 k € | +91.4% | 107,8 k € | -46.6% | 202 k € | +4.6% | 193,2 k € | +6.8% | 181 k € | +8.0% | 167,5 k € | -2.4% | 171,7 k € | +2.6% | 167,3 k € | -44.0% | 298,4 k € | +273% | 80 k € | +15.8% | 69,1 k € | -12.2% | 78,8 k € | -3.4% | 81,5 k € | -34.8% | 125,1 k € |
| Operating result | -41,2 k € | -284% | 22,4 k € | -82.3% | 126,7 k € | +267% | 34,5 k € | -64.6% | 97,6 k € | +264% | -59,4 k € | -252% | 39 k € | -35.5% | 60,5 k € | +11.2% | 54,4 k € | +341% | -22,5 k € | -338% | -5,1 k € | -125% | 20,2 k € | -74.1% | 78,1 k € | +136% | 33,1 k € | +336% | 7,6 k € | -79.8% | 37,6 k € | -22.0% | 48,3 k € | -42.4% | 83,7 k € |
| Net result | -63,5 k € | -6707% | 961,7 € | -99.1% | 104,4 k € | +621% | 14,5 k € | -81.7% | 79 k € | +216% | -68 k € | -317% | 31,4 k € | -41.7% | 53,8 k € | +24.9% | 43,1 k € | +241% | -30,7 k € | -1021% | 3,3 k € | +3331% | 97,1 € | -99.3% | 14,6 k € | -42.5% | 25,4 k € | +1376% | 1,7 k € | -95.3% | 36,3 k € | -11.8% | 41,2 k € | -32.4% | 60,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 291 k € | -17.9% | 354,5 k € | +0.3% | 353,6 k € | +29.0% | 274,2 k € | -0.2% | 274,7 k € | +147% | 111 k € | -38.0% | 179 k € | +21.3% | 147,6 k € | +57.4% | 93,8 k € | +85.0% | 50,7 k € | -37.7% | 81,3 k € | +4.3% | 78 k € | +0.1% | 77,9 k € | +23.0% | 63,3 k € | +66.9% | 37,9 k € | +4.7% | 36,2 k € | +31425% | -115,6 € | +99.7% | -41,3 k € |
| Total assets | 941 k € | -16.0% | 1,1 M € | +38.7% | 807,8 k € | +40.3% | 575,7 k € | -20.4% | 723,4 k € | -6.6% | 774,6 k € | -18.9% | 954,8 k € | +25.6% | 760,3 k € | +2.5% | 742,1 k € | -2.6% | 761,7 k € | -19.4% | 945,3 k € | +9.1% | 866,8 k € | -7.6% | 938,5 k € | +94.2% | 483,2 k € | +16.5% | 414,7 k € | +49.1% | 278,1 k € | +32.4% | 210,1 k € | -19.1% | 259,9 k € |
| Cash | 79,2 k € | -29.3% | 112 k € | +15.5% | 97 k € | -16.7% | 116,5 k € | -23.1% | 151,4 k € | +52.1% | 99,5 k € | -50.9% | 202,8 k € | +30.1% | 155,9 k € | +162% | 59,6 k € | -61.0% | 152,7 k € | +26.9% | 120,3 k € | +45.0% | 83 k € | -1.4% | 84,2 k € | -2.8% | 86,6 k € | +168% | 32,3 k € | -37.6% | 51,7 k € | +81.5% | 28,5 k € | +81.4% | 15,7 k € |
| Debts | 650 k € | -15.1% | 765,7 k € | +68.6% | 454,2 k € | +50.6% | 301,6 k € | -30.3% | 432,8 k € | -33.2% | 647,7 k € | -14.8% | 759,9 k € | +27.3% | 596,8 k € | -5.6% | 632,4 k € | -9.0% | 695,1 k € | -18.0% | 848,1 k € | +9.5% | 774,3 k € | -9.2% | 853 k € | +103% | 419,9 k € | +11.5% | 376,7 k € | +55.8% | 241,9 k € | +15.1% | 210,2 k € | -30.2% | 301,2 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 5,5 ETP | -8.3% | 6,0 ETP | -4.8% | 6,3 ETP | -13.7% | 7,3 ETP | -2.7% | 7,5 ETP | -17.6% | 9,1 ETP | +5.8% | 8,6 ETP | +43.3% | 6,0 ETP | 0.0% | 6,0 ETP | +7.1% | 5,6 ETP | -5.1% | 5,9 ETP | -14.5% | 6,9 ETP | +21.1% | 5,7 ETP | +39.0% | 4,1 ETP | +24.2% | 3,3 ETP | +37.5% | 2,4 ETP | +20.0% | 2,0 ETP | +150% | 0,8 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 19 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
AD2TL● Active | 0777.586.741 |
GOEMINNE - HIPA TRANS● Active | 0422.012.257 |
STAN● Active | 0774.723.063 |
Financials
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 | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 08/07/2026 | 27/06/2025 | 01/07/2024 | 12/07/2023 | 14/07/2022 | 16/06/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 15/06/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 09/06/2026 | 08/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 10/06/2025 | 27/06/2025 | Dutch | |
| Abridged model | 31/12/2023 | 11/06/2024 | 01/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 12/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 14/06/2022 | 14/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 15/06/2021 | 16/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 09/06/2020 | 31/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 11/06/2019 | 15/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 12/06/2018 | 24/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 13/06/2017 | 22/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 14/06/2016 | 19/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 09/06/2015 | 14/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 10/06/2014 | 25/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 11/06/2013 | 12/07/2013 | Dutch | |
| Abridged model | 30/06/2011 | 05/12/2011 | 13/02/2012 | Dutch | |
| Abridged model | 30/06/2010 | 06/12/2010 | 19/01/2011 | Dutch | |
| Abridged model | 30/06/2009 | 07/12/2009 | 29/01/2010 | Dutch | |
| Abridged model | 30/06/2008 | 01/12/2008 | 13/02/2009 | Dutch | |
| Abridged model | 30/06/2007 | 03/12/2007 | 22/01/2008 | Dutch | |
| Abridged model | 30/06/2006 | 04/12/2006 | 04/01/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 19 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates02/03/2026ONTSLAGEN - BENOEMINGEN
- Other14/11/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates14/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates02/08/2016ONTSLAGEN - BENOEMINGEN
- Mandates25/11/2011BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates27/01/2011ONTSLAGEN - BENOEMINGEN
- Mandates22/03/2005WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-63,5 k €↓
- 2024Annual accounts 2024961,7 €↓
- 2023Annual accounts 2023104,4 k €↑
- 2022Annual accounts 202214,5 k €↓
- 2021Annual accounts 202179 k €↑
- 2019Annual accounts 2019-68 k €↓
- 2018Annual accounts 201831,4 k €↓
- 2017Annual accounts 201753,8 k €↑
- 2016Annual accounts 201643,1 k €↑
- 2015Annual accounts 2015-30,7 k €↓
- 2014Annual accounts 20143,3 k €↑
- 2013Annual accounts 201397,1 €↓
- 2012Annual accounts 201214,6 k €↓
- 2011Annual accounts 201125,4 k €↑
- 2011Name changeHipa
- 2010Annual accounts 20101,7 k €↓
- 2009Annual accounts 200936,3 k €↓
- 2008Annual accounts 200841,2 k €↓
- 2007Annual accounts 200760,9 k €
- 2007Name changeSTAN
- 06/11/1955IncorporationPublic limited company