ACTIVE

HIMAR

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

12,9 k €

-35.8% YoY

Gross margin

30,2 k €

-10.5% YoY

Equity

75,9 k €

+20.5% YoY

What does HIMAR do?

HIMAR is a Private limited company incorporated in 1999. Its main activity is: Manufacture of other electrical equipment. Its registered office is in Koksijde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0467.113.594

Incorporation

22/10/1999

Legal form

Private limited company

Registered office

Prins Boudewijnlaan(Kok) 13
8670 Koksijde · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Activities (NACE)

27900Manufacture of other electrical equipment· main 27900Manufacture of other electrical equipment 31623Manufacture of furniture

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	30,2 k €	-10.5%	33,7 k €	+88.5%	17,9 k €	+21.2%	14,8 k €	+29.8%	11,4 k €	+213%	3,6 k €	-61.3%	9,4 k €	+463%	-2,6 k €	+59.1%	-6,3 k €	+12.5%	-7,2 k €	-182%	8,8 k €	+36.9%	6,4 k €	+1215%	-577 €	-103%	17,3 k €	+9.9%	15,7 k €	-39.2%	25,9 k €
EBITDA	28,5 k €	-12.3%	32,5 k €	+99.0%	16,3 k €	+21.5%	13,4 k €	+52.6%	8,8 k €	+177%	3,2 k €	-63.9%	8,8 k €	+440%	-2,6 k €	+64.3%	-7,2 k €	+10.2%	-8,1 k €	-207%	7,6 k €	+84.9%	4,1 k €	+343%	-1,7 k €	-111%	15,3 k €	+5.6%	14,5 k €	+70.1%	8,5 k €
Operating result	20,3 k €	-33.4%	30,5 k €	+94.6%	15,7 k €	+60.0%	9,8 k €	+91.5%	5,1 k €	+1739%	-312,1 €	-106%	5,2 k €	+290%	-2,8 k €	+63.7%	-7,6 k €	+25.5%	-10,2 k €	-450%	-1,9 k €	+70.3%	-6,2 k €	+36.3%	-9,8 k €	-8411%	118 €	-96.6%	3,5 k €	+172%	-4,8 k €
Net result	12,9 k €	-35.8%	20,1 k €	+86.9%	10,8 k €	+66.5%	6,5 k €	+157%	2,5 k €	+169%	935,2 €	-82.9%	5,5 k €	+421%	-1,7 k €	+74.0%	-6,5 k €	+26.1%	-8,9 k €	-414%	-1,7 k €	+47.0%	-3,3 k €	-804%	462 €	+46.7%	315 €	-46.0%	583 €	+118%	-3,2 k €
Balance sheet
Equity	75,9 k €	+20.5%	63 k €	+47.0%	42,8 k €	+33.6%	32 k €	+25.3%	25,6 k €	+10.9%	23,1 k €	+4.2%	22,1 k €	+32.8%	16,7 k €	-9.3%	18,4 k €	-26.3%	24,9 k €	+137%	10,5 k €	-14.1%	12,3 k €	-21.0%	15,5 k €	+3.1%	15 k €	+44.8%	10,4 k €	+33.0%	7,8 k €
Total assets	114,2 k €	+10.3%	103,5 k €	+68.9%	61,3 k €	+32.5%	46,3 k €	-3.3%	47,9 k €	-2.1%	48,9 k €	+22.1%	40 k €	+9.2%	36,7 k €	+7.9%	34 k €	-36.9%	53,9 k €	+38.8%	38,8 k €	-14.6%	45,4 k €	+19.7%	38 k €	-10.8%	42,5 k €	-19.0%	52,5 k €	-13.2%	60,5 k €
Cash	10,5 k €	+526%	1,7 k €		–		–		–		–		953 €		–		–		–		–		–		–		–		–		–
Debts	38,3 k €	-5.6%	40,6 k €	+119%	18,5 k €	+29.8%	14,2 k €	-36.0%	22,2 k €	-13.4%	25,7 k €	+43.8%	17,9 k €	-10.7%	20 k €	+28.0%	15,6 k €	-45.7%	28,8 k €	+1.9%	28,3 k €	-14.8%	33,2 k €	+47.8%	22,4 k €	-18.4%	27,5 k €	-34.7%	42,1 k €	-20.1%	52,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		0,1 ETP		–		0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Henk Vervalle

Director

Active

Ended mandates

Brecht Loosveldt

Manager

Ended

Henk Vervalle

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	20/07/2026	19/05/2025	05/06/2024	14/07/2023	10/06/2022	09/07/2021
General meeting	30/06/2026	04/04/2025	05/04/2024	07/04/2023	01/04/2022	02/04/2021
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 days

Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	20/07/2026	Dutch	PDF
Micro model	31/12/2024	04/04/2025	19/05/2025	Dutch	PDF
Micro model	31/12/2023	05/04/2024	05/06/2024	Dutch	PDF
Micro model	31/12/2022	07/04/2023	14/07/2023	Dutch	PDF
Micro model	31/12/2021	01/04/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	02/04/2021	09/07/2021	Dutch	PDF
Micro model	31/12/2019	11/06/2020	17/08/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	26/09/2019	Dutch	PDF
Micro model	31/12/2017	27/06/2018	21/09/2018	Dutch	PDF
Micro model	31/12/2016	27/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2011	06/04/2012	23/05/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	22/06/2011	Dutch	PDF
Abridged model	31/12/2009	02/04/2010	03/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/04/2009	05/05/2009	Dutch	PDF
Abridged model	31/12/2007	03/04/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/04/2007	16/05/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Henk Vervalle

Director

Active

Ended mandates

Brecht Loosveldt

Manager

Ended

Henk Vervalle

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office15/09/2026
Verplaatsing zetel
PDF
Mandates12/07/2022
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/12/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates30/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office20/03/2003
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/10/2002
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 202512,9 k €↓
2024
Annual accounts 202420,1 k €↑
2023
Annual accounts 202310,8 k €↑
2022
Annual accounts 20226,5 k €↑
2021
Annual accounts 20212,5 k €↑
2020
Annual accounts 2020935,2 €↓
2019
Annual accounts 20195,5 k €↑
2018
Annual accounts 2018-1,7 k €↑
2017
Annual accounts 2017-6,5 k €↑
2016
Annual accounts 2016-8,9 k €↓
2011
Annual accounts 2011-1,7 k €↑
2010
Annual accounts 2010-3,3 k €↓
2009
Annual accounts 2009462 €↑
2008
Annual accounts 2008315 €↓
2007
Annual accounts 2007583 €↑
2006
Annual accounts 2006-3,2 k €
22/10/1999
IncorporationPrivate 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

HIMAR

Overview

What does HIMAR do?

Trend over 16 financial years

Indicative valuation

Board of directors

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