ACTIVE

Blitz Power

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Financial year 2025 · closed on 31/12/2025
Net result
-265,8 k €
-1435.5% YoY
Revenue
2,2 M €
+9.2% YoY
Equity
160,7 k €
-62.3% YoY
Workforce
11,9 ETP
+7.2% YoY

What does Blitz Power do?

Blitz Power is a Private limited company incorporated in 2021. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 11,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0768.661.454
Incorporation
22/05/2021
Legal form
Private limited company
Registered office
Heirbaan 395
9150 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
1 021 000,00 €
Latest accounts
31/12/2025
Average workforce
11,9 ETP
Activities (NACE)
27110Manufacture of electric motors, generators and transformers· main27110Manufacture of electric motors, generators and transformers46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment
Joint committees (2)
  • 14901
  • 200
Contacts
2 public details availableLog in to view
Signals
Good liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Revenue2,2 M €2 M €1,3 M €756,2 k €
EBITDA68,1 k €275,2 k €-86 k €-205 k €
Operating result-218 k €63,9 k €-224,9 k €-315,1 k €
Net result-265,8 k €19,9 k €-275,6 k €-338,8 k €
Balance sheet
Equity160,7 k €426,5 k €406,6 k €-248,8 k €
Total assets1,8 M €1,8 M €1,9 M €1,6 M €
Cash0,7 €6,8 k €80,2 k €120,2 k €
Debts1,6 M €1,4 M €1,4 M €1,8 M €
Other
Workforce11,9 ETP11,1 ETP9,8 ETP5,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Alexander Hertsens

Director · since 21 mai 2021

Active
Filip Hertsens

Director · since 21 mai 2021

Active
At this address

Other companies at this address

CompanyCBE no.
AFC Hertsens● Active
1002.337.226
CHARBEL● Active
0451.235.585
Hertsens● Active
0506.690.485
Hertsens Beheer● Active
0627.895.450
Hertsens West● Active
0465.880.211
WALDING● Active
0465.963.353
Annual accounts

Full financial information

2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202322/05/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months20 months
Filing date11/09/202614/08/202505/07/202417/08/2023
General meeting14/08/202621/06/202508/06/202415/07/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/08/202611/09/2026DutchPDF
Full model31/12/202421/06/202514/08/2025DutchPDF
Full model31/12/202308/06/202405/07/2024DutchPDF
Full model31/12/202215/07/202317/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 2 active

Active mandates

Alexander Hertsens

Director · since 21 mai 2021

Active
Filip Hertsens

Director · since 21 mai 2021

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares22/11/2023
    KAPITAAL - AANDELEN
    PDF
  • Other26/05/2021
    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

Timeline

  1. 2025
    Annual accounts 2025-265,8 k €↓
  2. 2024
    Annual accounts 202419,9 k €↑
  3. 2023
    Annual accounts 2023-275,6 k €↑
  4. 2022
    Annual accounts 2022-338,8 k €
  5. 22/05/2021
    IncorporationPrivate limited company