ACTIVE

HORPA

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Financial year 2025 · Closed on 30/09/2025

Net result
59,9 k €
+131,2 %over 1 year
Gross margin
69,3 k €
+594,8 %over 1 year
Equity
-73,4 k €
+44,9 %over 1 year

Identity

Source · BCE/KBO

HORPA is a Private limited company incorporated in 1978. Its registered office is in Koksijde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.199.761
Incorporation
18/03/1978
Legal form
Private limited company
Registered office
Artanpad(Kok) 2
8670 Koksijde · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
30/09/2025
Joint committees (1)
  • 100
Signals
ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320212020
Income statement
Gross margin69,3 k €10 k €117,3 k €10 k €-54,5 €
EBITDA64,9 k €8,1 k €92,6 k €9,6 k €-462 €
Operating result63,8 k €-188,7 k €91,4 k €9,6 k €-462 €
Net result59,9 k €-192 k €76,2 k €9,5 k €-494 €
Balance sheet
Equity-73,4 k €-133,3 k €58,7 k €-5,5 k €-15,1 k €
Total assets50 k €22,3 k €171,3 k €0,1 €–
Cash36,4 €3,1 €4,5 €0,1 €–
Debts123,4 k €155,7 k €112,6 k €5,5 k €15,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Kris Degryse

Director

Active

Ended mandates

Kris Degryse

Manager · since 09 octobre 2013

Ended
SIMONNE VANHAVERBEKE

Manager

Ended

Full financial information

Source · NBB
202520242023202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202331/12/202131/12/202031/12/2019
Length of the financial year12 months12 months21 months12 months12 months12 months
Filing date08/03/202621/03/202521/03/202415/07/202217/09/202131/08/2020
General meeting02/03/202603/03/202504/03/202430/06/202230/06/202130/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202502/03/202608/03/2026DutchPDF
Micro model30/09/202403/03/202521/03/2025DutchPDF
Micro model30/09/202304/03/202421/03/2024DutchPDF
Micro model31/12/202130/06/202215/07/2022DutchPDF
Micro model31/12/202030/06/202117/09/2021DutchPDF
Micro model31/12/201930/06/202031/08/2020DutchPDF
Micro modelCorrection31/12/201828/06/201920/08/2019DutchPDF
Micro model31/12/201828/06/201905/08/2019DutchPDF
Micro model31/12/201712/06/201813/08/2018DutchPDF
Micro model31/12/201630/04/201806/05/2018DutchPDF
Abridged model31/12/201530/04/201806/05/2018DutchPDF
Abridged model31/12/201430/04/201806/05/2018DutchPDF
Abridged model31/12/201330/04/201806/05/2018DutchPDF
Abridged model31/12/201203/08/201330/08/2013DutchPDF
Abridged model31/12/201103/11/201227/11/2012DutchPDF
Abridged model31/12/201003/12/201119/12/2011DutchPDF
Abridged model31/12/200922/05/201028/05/2010DutchPDF
Abridged model31/12/200831/10/200924/11/2009DutchPDF
Abridged model31/12/200717/05/200830/09/2008DutchPDF
Abridged model31/12/200619/05/200716/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Kris Degryse

Director

Active

Ended mandates

Kris Degryse

Manager · since 09 octobre 2013

Ended
SIMONNE VANHAVERBEKE

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office06/01/2026
    Zetelverplaatsing
    PDF
  • Registered office31/10/2024
    Zetelverplaatsing
    PDF
  • Registered office16/12/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other11/10/2022
    BENAMING
    PDF
  • Mandates24/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office26/06/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office28/04/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates06/11/2013
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202559,9 k €↑
  2. 2024
    Annual accounts 2024-192 k €↓
  3. 2023
    Annual accounts 202376,2 k €↑
  4. 2023
    Name changeHORPA
  5. 2021
    Annual accounts 20219,5 k €↑
  6. 2021
    Name changeVUURWERKEN DEGRYSE
  7. 2020
    Annual accounts 2020-494 €↑
  8. 2019
    Annual accounts 2019-10,8 k €↑
  9. 2018
    Annual accounts 2018-244,5 k €↓
  10. 2017
    Annual accounts 2017-6,8 k €↑
  11. 2016
    Annual accounts 2016-22,8 k €↓
  12. 2015
    Annual accounts 2015-16,8 k €↓
  13. 2014
    Annual accounts 2014153,1 k €↑
  14. 2013
    Annual accounts 20136,5 k €↑
  15. 2012
    Annual accounts 20122,5 k €↓
  16. 2011
    Annual accounts 201110,9 k €↑
  17. 2010
    Annual accounts 2010-8,8 k €↑
  18. 2009
    Annual accounts 2009-33,2 k €↑
  19. 2008
    Annual accounts 2008-34,2 k €
  20. 18/03/1978
    IncorporationPrivate limited company