ACTIVE

DEN HORST MERKSPLAS

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Financial year 2025 · Closed on 31/12/2025

Net result1,9 M €-38,0 %over 1 year
Revenue13,3 M €-14,0 %over 1 year
Equity10 M €+22,6 %over 1 year
Workforce71,3 ETP+15,2 %over 1 year

Identity

Source · BCE/KBO

DEN HORST MERKSPLAS is a Private limited company incorporated in 2017. Its registered office is in Merksplas. It employs on average 71,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0684.447.242
Incorporation
06/11/2017
Legal form
Private limited company
Registered office
Horst 9
2330 Merksplas · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
71,3 ETP
Joint committees (3)
  • 145
  • 14506
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue13,3 M €15,4 M €–––
EBITDA4,4 M €5,7 M €2 M €580,4 k €2,8 M €
Operating result2,8 M €3,9 M €572,3 k €-568,3 k €1,7 M €
Net result1,9 M €3 M €261,6 k €-333,2 k €1,3 M €
Balance sheet
Equity10 M €8,2 M €5,2 M €4,9 M €5,2 M €
Total assets21,4 M €22 M €18,1 M €19,8 M €18,4 M €
Cash2,2 M €506,2 k €1 M €2,5 M €2,1 M €
Debts11,3 M €13,7 M €12,9 M €14,9 M €13,2 M €
Other
Workforce71,3 ETP61,9 ETP52,3 ETP45,3 ETP53,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Paul Van de Mierop

Director

Active

Ended mandates

Paul Van De Mierop

Director · since 06 novembre 2017

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/11/202301/11/202201/11/202101/11/202001/11/2019
Closing of the financial year31/12/202531/12/202431/10/202331/10/202231/10/202131/10/2020
Length of the financial year12 months14 months12 months12 months12 months12 months
Filing date09/06/202628/07/202523/05/202403/04/202324/03/202202/04/2021
General meeting09/06/202627/07/202529/04/202410/03/202311/03/202212/03/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202509/06/202609/06/2026DutchPDF
Full model31/12/202427/07/202528/07/2025DutchPDF
Abridged model31/10/202329/04/202423/05/2024DutchPDF
Abridged model31/10/202210/03/202303/04/2023DutchPDF
Abridged model31/10/202111/03/202224/03/2022DutchPDF
Abridged model31/10/202012/03/202102/04/2021DutchPDF
Abridged model31/10/201913/03/202023/03/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

1 active · 1 ended

Active mandates

Paul Van de Mierop

Director

Active

Ended mandates

Paul Van De Mierop

Director · since 06 novembre 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates26/08/2026
    BENOEMING
    PDF
  • Capital / shares11/04/2025
    KAPITAAL - AANDELEN
    PDF
  • Mandates27/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other08/11/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251,9 M €↓
  2. 2024
    Annual accounts 20243 M €↑
  3. 2023
    Annual accounts 2023261,6 k €↑
  4. 2022
    Annual accounts 2022-333,2 k €↓
  5. 2021
    Annual accounts 20211,3 M €↓
  6. 2020
    Annual accounts 20201,9 M €↑
  7. 2019
    Annual accounts 20191,3 M €
  8. 06/11/2017
    IncorporationPrivate limited company