ACTIVE

Horsepower Europe

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Financial year 2025 · Closed on 30/06/2025

Net result137,7 k €-0,9 %over 1 year
Gross margin638,7 k €+5,9 %over 1 year
Equity734,2 k €+16,8 %over 1 year
Workforce4,6 ETP+9,5 %over 1 year

Identity

Source · BCE/KBO

Horsepower Europe is a Private limited company incorporated in 1992. Its main activity is: Electrical installation. Its registered office is in Asse. It employs on average 4,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.344.312
Incorporation
22/01/1992
Legal form
Private limited company
Registered office
Grotenbroek 17
1730 Asse · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/06/2025
Average workforce
4,6 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin638,7 k €603,3 k €593,7 k €630,9 k €467,3 k €
EBITDA266,2 k €258,9 k €311 k €380,3 k €-99,2 k €
Operating result197,1 k €196,7 k €265 k €350,6 k €-167,1 k €
Net result137,7 k €138,9 k €171,2 k €328,9 k €-185,7 k €
Balance sheet
Equity734,2 k €628,5 k €608,6 k €437,4 k €108,5 k €
Total assets1,3 M €1,3 M €1,5 M €1,2 M €1,1 M €
Cash690,8 k €477,4 k €296,9 k €197,7 k €48,5 k €
Debts261,5 k €467,3 k €325 k €487,3 k €785,9 k €
Other
Workforce4,6 ETP4,2 ETP3,9 ETP–4,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

1 active · 3 ended

Active mandates

ROBERT VAN WYMEERSCH

Director

Active

Ended mandates

Robert Van Wymeersch

Manager · since 16 mai 2011

Ended
KURT VERELLEN

Manager · since 01 janvier 2010 · until 31 décembre 2010

Ended
Kurt Verellen

Manager

Ended

Other companies at this address

Grotenbroek 17 1730 Asse
CompanyCBE no.
HCS GCV● Active
0686.551.845

Full financial information

Source · NBB
202520242023202220212019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/01/202001/01/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202131/12/2019
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date26/09/202522/11/202406/11/202321/12/202209/12/202127/07/2020
General meeting03/09/202522/11/202402/10/202303/10/202204/10/202130/06/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202503/09/202526/09/2025DutchPDF
Abridged model30/06/202422/11/202422/11/2024DutchPDF
Abridged model30/06/202302/10/202306/11/2023DutchPDF
Abridged model30/06/202203/10/202221/12/2022DutchPDF
Abridged model30/06/202104/10/202109/12/2021DutchPDF
Abridged model31/12/201930/06/202027/07/2020DutchPDF
Abridged model31/12/201824/06/201922/07/2019DutchPDF
Abridged model31/12/201705/03/201825/07/2018DutchPDF
Abridged model31/12/201621/06/201713/07/2017DutchPDF
Abridged model31/12/201530/06/201625/07/2016DutchPDF
Abridged model31/12/201410/06/201526/06/2015DutchPDF
Abridged model31/12/201330/06/201422/07/2014DutchPDF
Abridged model31/12/201230/06/201323/07/2013DutchPDF
Abridged model31/12/201130/06/201225/07/2012DutchPDF
Abridged model31/12/201007/03/201111/03/2011DutchPDF
Abridged model31/12/200901/03/201010/03/2010DutchPDF
Abridged model31/12/200802/03/200909/03/2009DutchPDF
Abridged model31/12/200703/03/200827/03/2008DutchPDF
Abridged model31/12/200605/03/200706/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

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 30/06/2025

1 active · 3 ended

Active mandates

ROBERT VAN WYMEERSCH

Director

Active

Ended mandates

Robert Van Wymeersch

Manager · since 16 mai 2011

Ended
KURT VERELLEN

Manager · since 01 janvier 2010 · until 31 décembre 2010

Ended
Kurt Verellen

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other29/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates20/06/2011
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025137,7 k €↓
  2. 2024
    Annual accounts 2024138,9 k €↓
  3. 2023
    Annual accounts 2023171,2 k €↓
  4. 2022
    Annual accounts 2022328,9 k €↑
  5. 2021
    Annual accounts 2021-185,7 k €↓
  6. 2019
    Annual accounts 201965,9 k €↑
  7. 2018
    Annual accounts 201822,2 k €↑
  8. 2017
    Annual accounts 201711,1 k €↑
  9. 2016
    Annual accounts 20166,3 k €↑
  10. 2015
    Annual accounts 20152,5 k €↓
  11. 2014
    Annual accounts 2014153,9 k €↑
  12. 2013
    Annual accounts 201312,4 k €↑
  13. 2012
    Annual accounts 20125 k €↑
  14. 2011
    Annual accounts 2011-610,6 €↑
  15. 2010
    Annual accounts 2010-725 €↓
  16. 2009
    Annual accounts 2009519 €↓
  17. 2007
    Annual accounts 20071,5 k €
  18. 22/01/1992
    IncorporationPrivate limited company