ACTIVE

HP Engineers

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Financial year 2025 · closed on 31/12/2025

Net result

591,4 k €

+1.3% YoY

Gross margin

2,1 M €

+5.3% YoY

Equity

1,1 M €

+21.2% YoY

Workforce

13,9 ETP

+11.2% YoY

What does HP Engineers do?

HP Engineers is a Private limited company incorporated in 2016. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Gent. It employs on average 13,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0648.756.487

Incorporation

17/02/2016

Legal form

Private limited company

Registered office

Veldstraat 88A box 201
9000 Gent · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

13,9 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy

Joint committees (1)

20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017
Income statement
Gross margin	2,1 M €	+5.3%	2 M €	+39.9%	1,4 M €	+19.5%	1,2 M €	+23.6%	978,8 k €	-6.6%	1 M €	+1.2%	1 M €	+31.1%	790,1 k €	+64.5%	480,4 k €
EBITDA	728,1 k €	+1.1%	720,1 k €	+68.8%	426,5 k €	+30.9%	325,9 k €	+98.4%	164,2 k €	-46.9%	309,1 k €	-17.7%	375,6 k €	+21.4%	309,4 k €	+83.7%	168,4 k €
Operating result	669,7 k €	-3.4%	693 k €	+70.4%	406,8 k €	+30.8%	311,1 k €	+113%	146 k €	-47.5%	278,3 k €	-18.7%	342,3 k €	+22.4%	279,6 k €	+135%	118,9 k €
Net result	591,4 k €	+1.3%	583,8 k €	+74.4%	334,8 k €	+35.4%	247,2 k €	+142%	102,1 k €	-47.5%	194,5 k €	-26.1%	263,2 k €	+27.6%	206,3 k €	+99.9%	103,2 k €
Balance sheet
Equity	1,1 M €	+21.2%	903,7 k €	+25.5%	719,9 k €	+23.0%	585,1 k €	+19.9%	487,9 k €	+11.9%	435,8 k €	+80.6%	241,3 k €	+88.4%	128 k €	+488%	21,8 k €
Total assets	2,5 M €	+19.6%	2,1 M €	+66.8%	1,3 M €	+25.3%	1 M €	-3.9%	1 M €	+33.8%	780,7 k €	+12.4%	694,8 k €	+25.1%	555,3 k €	+7.8%	515,3 k €
Cash	603,8 k €	-24.7%	801,5 k €	+64.8%	486,5 k €	+130%	211,9 k €	-31.6%	310 k €	+20.3%	257,6 k €	+21.5%	212 k €	+178%	76,3 k €	+102%	37,8 k €
Debts	1,4 M €	+18.4%	1,2 M €	+122%	537,5 k €	+28.5%	418,3 k €	-24.9%	556,6 k €	+61.4%	344,9 k €	-23.9%	453,5 k €	+10.8%	409,3 k €	-17.1%	493,5 k €
Other
Workforce	13,9 ETP	+11.2%	12,5 ETP	+4.2%	12,0 ETP	0.0%	12,0 ETP	-0.8%	12,1 ETP	+11.0%	10,9 ETP		–		8,4 ETP	+100%	4,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Helix Engineering

Director · since 17 février 2016 · 0899.406.962

Represented by Pijpaert HENK

Active

Ended mandates

Sarah Aers

Director · since 17 février 2016

Ended

Helix Engineering

Director · 0899.406.962

Represented by Henk Pijpaert

Ended

Helix Engineering

Managing director · 0899.406.962

Represented by Henk Pijpaert

Ended

Henk Pijpaert

Director

Ended

At this address

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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	31/08/2026	29/08/2025	27/08/2024	28/08/2023	29/08/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

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Filings

Annual accounts filings

9 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	27/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	28/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	07/08/2018	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Helix Engineering

Director · since 17 février 2016 · 0899.406.962

Represented by Pijpaert HENK

Active

Ended mandates

Sarah Aers

Director · since 17 février 2016

Ended

Helix Engineering

Director · 0899.406.962

Represented by Henk Pijpaert

Ended

Helix Engineering

Managing director · 0899.406.962

Represented by Henk Pijpaert

Ended

Henk Pijpaert

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office20/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2019
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other19/02/2016
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025591,4 k €↑
2024
Annual accounts 2024583,8 k €↑
2023
Annual accounts 2023334,8 k €↑
2022
Annual accounts 2022247,2 k €↑
2021
Annual accounts 2021102,1 k €↓
2020
Annual accounts 2020194,5 k €↓
2019
Annual accounts 2019263,2 k €↑
2018
Annual accounts 2018206,3 k €↑
2017
Annual accounts 2017103,2 k €
17/02/2016
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

HP Engineers

Overview

What does HP Engineers do?

Trend over 9 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