ACTIVE

HVP LIGHTING

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Financial year 2025 · closed on 31/12/2025

Net result

616,4 k €

-0.9% YoY

Gross margin

1,2 M €

-9.3% YoY

Equity

5,7 M €

+9.5% YoY

Workforce

5,7 ETP

+3.6% YoY

What does HVP LIGHTING do?

HVP LIGHTING is a Public limited company incorporated in 1992. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Waregem. It employs on average 5,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.428.147

Incorporation

24/01/1992

Legal form

Public limited company

Registered office

Groenbek 21
8790 Waregem · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

5,7 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 46643Wholesale of machinery for the textile industry and of sewing and knitting machines 46693Wholesale of other machinery and equipment 51430Air transport 51871Air transport

Joint committees (4)

149
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2008		2007
Income statement
Gross margin	1,2 M €	-9.3%	1,3 M €	-27.6%	1,9 M €	+17.0%	1,6 M €	+62.0%	978,4 k €	+10.6%	884,6 k €	+30.5%	677,7 k €	-2.3%	694 k €	+11.9%	619,9 k €	+23.2%	503,3 k €	+300%	125,9 k €	-76.4%	533,2 k €	-6.3%	569,1 k €	-6.9%	611,1 k €	-0.1%	611,6 k €	+1.0%	605,6 k €	-1.7%	616,4 k €
EBITDA	790,4 k €	-7.7%	856,1 k €	-41.3%	1,5 M €	+20.9%	1,2 M €	+75.6%	687 k €	+8.4%	633,7 k €	+53.3%	413,3 k €	+1.4%	407,6 k €	+46.8%	277,6 k €	+48.1%	187,4 k €	+177%	-243,8 k €	-344%	99,9 k €	-0.0%	99,9 k €	-14.2%	116,5 k €	-49.5%	230,5 k €	+19.0%	193,7 k €	-24.0%	254,8 k €
Operating result	762,5 k €	-2.2%	779,9 k €	-45.4%	1,4 M €	+21.9%	1,2 M €	+80.3%	650,2 k €	+8.2%	600,8 k €	+59.6%	376,4 k €	-2.0%	384,2 k €	+75.9%	218,4 k €	+41.7%	154,1 k €	+149%	-312,9 k €	-775%	46,3 k €	-6.1%	49,4 k €	-45.4%	90,4 k €	-48.4%	175,1 k €	+11.8%	156,7 k €	-25.8%	211,3 k €
Net result	616,4 k €	-0.9%	621,9 k €	-42.6%	1,1 M €	+19.3%	908,4 k €	+80.8%	502,3 k €	+14.6%	438,5 k €	+71.3%	256,1 k €	+1.3%	252,8 k €	+60.6%	157,5 k €	+31.1%	120,1 k €	+138%	-315,3 k €	-1043%	33,4 k €	-52.0%	69,6 k €	+2.4%	68 k €	-50.4%	137 k €	+13.8%	120,4 k €	-27.8%	166,7 k €
Balance sheet
Equity	5,7 M €	+9.5%	5,2 M €	+13.5%	4,6 M €	+30.7%	3,5 M €	+34.6%	2,6 M €	+23.6%	2,1 M €	+26.0%	1,7 M €	+17.9%	1,4 M €	+21.5%	1,2 M €	+15.5%	1 M €	+13.4%	899 k €	-26.0%	1,2 M €	-20.7%	1,5 M €	-14.4%	1,8 M €	+4.0%	1,7 M €	+36.3%	1,3 M €	+10.5%	1,1 M €
Total assets	6,3 M €	+10.4%	5,7 M €	+9.1%	5,2 M €	+28.4%	4,1 M €	+33.2%	3 M €	+14.3%	2,7 M €	-6.1%	2,8 M €	+16.5%	2,4 M €	+28.2%	1,9 M €	-10.4%	2,1 M €	+17.8%	1,8 M €	-10.0%	2 M €	-23.5%	2,6 M €	+6.0%	2,5 M €	-10.6%	2,8 M €	+24.8%	2,2 M €	+10.3%	2 M €
Cash	1,3 M €	-37.8%	2 M €	+146%	831 k €	-41.3%	1,4 M €	+89.1%	749 k €	-20.3%	939,9 k €	+15.1%	816,8 k €	-0.4%	819,7 k €	+99.6%	410,7 k €	-0.7%	413,6 k €	+122%	186 k €	-20.8%	234,9 k €	-21.3%	298,3 k €	-47.1%	564 k €	+3.5%	544,7 k €	+22.7%	444 k €	-26.0%	600 k €
Debts	534,6 k €	+21.9%	438,5 k €	-24.6%	581,5 k €	+14.5%	507,9 k €	+23.5%	411,2 k €	-22.7%	531,8 k €	-53.4%	1,1 M €	+14.5%	997,4 k €	+39.5%	715 k €	-35.0%	1,1 M €	+22.2%	899,6 k €	+15.7%	777,4 k €	-28.0%	1,1 M €	+60.0%	674,5 k €	-34.7%	1 M €	+9.4%	944,7 k €	+10.4%	855,9 k €
Other
Workforce	5,7 ETP	+3.6%	5,5 ETP	-6.8%	5,9 ETP	-7.8%	6,4 ETP	+16.4%	5,5 ETP	+5.8%	5,2 ETP	+2.0%	5,1 ETP	-15.0%	6,0 ETP	-14.3%	7,0 ETP	+2.9%	6,8 ETP	-12.8%	7,8 ETP	+9.9%	7,1 ETP	-16.5%	8,5 ETP	+4.9%	8,1 ETP	+14.1%	7,1 ETP	-6.6%	7,6 ETP	0.0%	7,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

AMPOULE

Director · since 23 octobre 2023 · 0798.545.273

Represented by Van PARYS GILLES

Active

LIGHT SOLUTIONS

Managing director · since 28 mars 2007 · 0872.405.231

Represented by Van PARYS HARRY

Active

Ended mandates

AMPOULE

Director · since 23 octobre 2023 · 0798.545.273

Represented by Van PARYS GILLES

Ended

Gilles VAN PARYS

Director · since 30 avril 2019

Ended

Gilles Van Parys

Director · since 25 septembre 2017

Ended

Gilles VAN PARYS

Director · since 25 septembre 2017 · until 16 mai 2019

Ended

At this address

Other companies at this address

Company	CBE no.
14U● Active	0456.787.549
AMPOULE● Active	0798.545.273
LIGHT SOLUTIONS● Active	0872.405.231

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	12/06/2026	11/08/2025	24/06/2024	26/06/2023	29/06/2022	07/06/2021
General meeting	21/05/2026	15/05/2025	16/05/2024	19/05/2023	19/05/2022	20/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	21/05/2026	12/06/2026	Dutch	PDF
Abridged model	31/12/2024	15/05/2025	11/08/2025	Dutch	PDF
Abridged model	31/12/2023	16/05/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	19/05/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	19/05/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	20/05/2021	07/06/2021	Dutch	PDF
Abridged model	31/12/2019	21/05/2020	17/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/04/2019	24/05/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	18/05/2017	23/05/2017	Dutch	PDF
Abridged model	31/12/2015	19/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	21/05/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/05/2014	11/06/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	20/06/2013	Dutch	PDF
Abridged model	31/12/2011	18/05/2012	11/06/2012	Dutch	PDF
Abridged model	31/12/2010	19/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	20/05/2010	27/05/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	15/05/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	16/03/2007	28/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

AMPOULE

Director · since 23 octobre 2023 · 0798.545.273

Represented by Van PARYS GILLES

Active

LIGHT SOLUTIONS

Managing director · since 28 mars 2007 · 0872.405.231

Represented by Van PARYS HARRY

Active

Ended mandates

AMPOULE

Director · since 23 octobre 2023 · 0798.545.273

Represented by Van PARYS GILLES

Ended

Gilles VAN PARYS

Director · since 30 avril 2019

Ended

Gilles Van Parys

Director · since 25 septembre 2017

Ended

Gilles VAN PARYS

Director · since 25 septembre 2017 · until 16 mai 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2007
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/11/2005
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025616,4 k €↓
2024
Annual accounts 2024621,9 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022908,4 k €↑
2021
Annual accounts 2021502,3 k €↑
2020
Annual accounts 2020438,5 k €↑
2019
Annual accounts 2019256,1 k €↑
2018
Annual accounts 2018252,8 k €↑
2017
Annual accounts 2017157,5 k €↑
2016
Annual accounts 2016120,1 k €↑
2015
Annual accounts 2015-315,3 k €↓
2014
Annual accounts 201433,4 k €↓
2013
Annual accounts 201369,6 k €↑
2012
Annual accounts 201268 k €↓
2011
Annual accounts 2011137 k €↑
2008
Annual accounts 2008120,4 k €↓
2007
Annual accounts 2007166,7 k €
24/01/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HVP LIGHTING

Overview

What does HVP LIGHTING do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline