ACTIVE

HERTOGS ENGINEERING

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Financial year 2025 · Closed on 31/12/2025

Net result133,5 k €+20,8 %over 1 year

Gross margin301,2 k €+10,4 %over 1 year

Equity1,1 M €+14,0 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

HERTOGS ENGINEERING is a Private limited company incorporated in 2009. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Bree. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0817.916.272
Incorporation: 20/08/2009
Legal form: Private limited company
Registered office: Wolstraat 34
3960 Bree · FlandreSee on map
Contributed capital: 6 700,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

27110Manufacture of electric motors, generators and transformers· main 27110Manufacture of electric motors, generators and transformers 33120Repair of machinery 33120Repair of machinery 33200Installation of industrial machinery and equipment 33200Installation of industrial machinery and equipment

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 16 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	301,2 k €	+10.4%	272,7 k €	+17.3%	232,4 k €	+39.8%	166,2 k €	-11.8%	188,4 k €
EBITDA	244,8 k €	+13.1%	216,4 k €	+3.1%	209,9 k €	+30.0%	161,4 k €	-12.2%	183,8 k €
Operating result	215,2 k €	+16.3%	185 k €	+3.4%	178,9 k €	+26.8%	141,1 k €	-13.4%	163 k €
Net result	133,5 k €	+20.8%	110,5 k €	-1.3%	112 k €	+29.2%	86,7 k €	-16.8%	104,2 k €
Balance sheet
Equity	1,1 M €	+14.0%	953,8 k €	+13.1%	843,2 k €	+15.3%	731,2 k €	+13.5%	644,5 k €
Total assets	1,8 M €	+18.9%	1,5 M €	+17.2%	1,3 M €	+7.3%	1,2 M €	+8.9%	1,1 M €
Cash	947 k €	+24.2%	762,3 k €	+22.1%	624,2 k €	+5.1%	593,8 k €	+8.1%	549,3 k €
Debts	680,8 k €	+28.6%	529,4 k €	+24.5%	425,1 k €	-5.7%	450,9 k €	+1.6%	443,7 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	+233%	0,3 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita Maria Luyck	Manager
Nick Willy Hertogs	Manager
Pierre Hertogs	ManagerDirector2021 accountsendedAdministrator - manager2022 accountsended
Sam Jaeken	Associate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita Luyck	Director2021 accountsAdministrator - manager2022 accountsManager2017 accounts
Nick Hertogs	Director2021 accounts

Full financial information

Source · NBB

	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	02/07/2026	29/08/2025	11/09/2024	13/09/2023	30/06/2022	02/07/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 16 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/09/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	13/09/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	18/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	21/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	26/09/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	29/10/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	30/08/2011	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita Maria Luyck	Manager
Nick Willy Hertogs	Manager
Pierre Hertogs	ManagerDirector2021 accountsendedAdministrator - manager2022 accountsended
Sam Jaeken	Associate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Anita Luyck	Director2021 accountsAdministrator - manager2022 accountsManager2017 accounts
Nick Hertogs	Director2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other24/08/2009
Oprichting
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

Pierre Hertogs

Nick Willy Hertogs

Sam Jaeken

Anita Maria Luyck

Nick Hertogs

Anita Luyck

200920102011201220132014201520162017201820192020202120222023202420252026

HERTOGS ENGINEERING

Wolstraat 34, 3960 Bree

Manager

Associate

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wolstraat 34, 3960 BreeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248974

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
HERTOGS ENGINEERINGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00248974

Events

2025
Annual accounts 2025133,5 k €↑
2024
Annual accounts 2024110,5 k €↓
2023
Annual accounts 2023112 k €↑
2022
Annual accounts 202286,7 k €↓
2021
Annual accounts 2021104,2 k €↑
2020
Annual accounts 202094,9 k €↑
2019
Annual accounts 201964,7 k €↓
2018
Annual accounts 2018106,8 k €↑
2017
Annual accounts 201744,5 k €↓
2016
Annual accounts 201652,3 k €↑
2015
Annual accounts 201536,9 k €↑
2014
Annual accounts 201420,4 k €↓
2013
Annual accounts 201331,3 k €↓
2012
Annual accounts 201236,8 k €↑
2011
Annual accounts 20114,5 k €↓
2010
Annual accounts 201040,6 k €
20/08/2009
IncorporationPrivate limited company

HERTOGS ENGINEERING

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events