ACTIVE

Highworks

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Financial year 2025 · closed on 31/12/2025
Net result
59 k €
-23.9% YoY
Gross margin
195,5 k €
+29.0% YoY
Equity
389,1 k €
+14.0% YoY

What does Highworks do?

Highworks is a Private limited company incorporated in 2010. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Zonnebeke.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0827.472.851
Incorporation
02/07/2010
Legal form
Private limited company
Registered office
Zandvoordestraat 23
8980 Zonnebeke · FlandreSee on map
Contributed capital
15 500,00 €
Latest accounts
31/12/2025
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures43990Other specialised construction activities n.e.c.41001Construction of buildings41201Construction of residential and non-residential buildings55203Holiday and other short-stay accommodation+3
Joint committees (1)
  • 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin195,5 k €151,5 k €72,8 k €141,2 k €75,8 k €81,8 k €95,5 k €199,6 k €113,2 k €180,8 k €188,8 k €164,6 k €125 k €104,9 k €137,7 k €
EBITDA140,8 k €148,1 k €66,4 k €124,9 k €72 k €75,9 k €54,5 k €110,9 k €52,8 k €123 k €96,3 k €112,8 k €80,9 k €67,9 k €75,9 k €
Operating result89,9 k €108,2 k €30,2 k €91,6 k €34,1 k €40,3 k €15,6 k €78,4 k €14,7 k €88,2 k €58,5 k €77,4 k €54,3 k €46,2 k €42,3 k €
Net result59 k €77,5 k €21 k €65,9 k €4,7 k €23,6 k €11,2 k €55,8 k €8,3 k €61,3 k €38,7 k €53,2 k €39,4 k €36,3 k €28,2 k €
Balance sheet
Equity389,1 k €341,2 k €319,4 k €306,6 k €283,1 k €337,1 k €347,9 k €336,7 k €280,9 k €272,7 k €211,4 k €172,7 k €119,5 k €77 k €40,6 k €
Total assets583,3 k €449,7 k €343,5 k €361 k €392,4 k €463,4 k €454,7 k €388,2 k €393,2 k €379,8 k €301,3 k €308,7 k €236,1 k €187,4 k €209,3 k €
Cash335,9 k €279,9 k €241,8 k €202,5 k €248,6 k €291,4 k €264,5 k €248,4 k €203,9 k €178,1 k €101,1 k €113,2 k €76,1 k €47 k €16,4 k €
Debts194,2 k €108,5 k €24,1 k €54,5 k €109,3 k €126,2 k €106,8 k €51,5 k €112,3 k €90,4 k €89,9 k €136 k €116,6 k €110,5 k €168,7 k €
Other
Workforce––––––––––1,0 ETP1,0 ETP1,0 ETP1,0 ETP0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

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

Active mandates

Rudy Willekens

Director

Active

Ended mandates

Rudy WILLEKENS

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/08/202625/08/202525/03/202421/02/202308/03/202208/03/2021
General meeting22/08/202623/08/202523/03/202418/02/202319/02/202213/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/08/202625/08/2026DutchPDF
Micro model31/12/202423/08/202525/08/2025DutchPDF
Micro model31/12/202323/03/202425/03/2024DutchPDF
Micro model31/12/202218/02/202321/02/2023DutchPDF
Micro model31/12/202119/02/202208/03/2022DutchPDF
Micro model31/12/202013/02/202108/03/2021DutchPDF
Micro model31/12/201929/02/202004/03/2020DutchPDF
Micro model31/12/201816/02/201928/02/2019DutchPDF
Micro model31/12/201724/02/201801/03/2018DutchPDF
Micro model31/12/201610/03/201706/04/2017DutchPDF
Abridged model31/12/201512/03/201617/03/2016DutchPDF
Abridged model31/12/201423/05/201504/06/2015DutchPDF
Abridged model31/12/201315/02/201418/02/2014DutchPDF
Abridged model31/12/201224/08/201326/08/2013DutchPDF
Abridged model31/12/201102/06/201205/06/2012DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 ended

Active mandates

Rudy Willekens

Director

Active

Ended mandates

Rudy WILLEKENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/12/2010
    DIVERSEN
    PDF
  • Other06/07/2010
    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 202559 k €↓
  2. 2024
    Annual accounts 202477,5 k €↑
  3. 2023
    Annual accounts 202321 k €↓
  4. 2022
    Annual accounts 202265,9 k €↑
  5. 2021
    Annual accounts 20214,7 k €↓
  6. 2020
    Annual accounts 202023,6 k €↑
  7. 2019
    Annual accounts 201911,2 k €↓
  8. 2018
    Annual accounts 201855,8 k €↑
  9. 2017
    Annual accounts 20178,3 k €↓
  10. 2016
    Annual accounts 201661,3 k €↑
  11. 2015
    Annual accounts 201538,7 k €↓
  12. 2014
    Annual accounts 201453,2 k €↑
  13. 2013
    Annual accounts 201339,4 k €↑
  14. 2012
    Annual accounts 201236,3 k €↑
  15. 2011
    Annual accounts 201128,2 k €
  16. 02/07/2010
    IncorporationPrivate limited company