ACTIVE

SPINPOWER

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Financial year 2024 · closed on 31/12/2024
Net result
32,9 k €
-72.8% YoY
Gross margin
199,4 k €
-38.2% YoY
Equity
279,3 k €
-15.4% YoY

What does SPINPOWER do?

SPINPOWER is a Private limited company incorporated in 2011. Its main activity is: Manufacture of electric motors, generators and transformers. Its registered office is in Essen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0836.855.622
Incorporation
08/06/2011
Legal form
Private limited company
Registered office
Epicealaan 25
2910 Essen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Activities (NACE)
27110Manufacture of electric motors, generators and transformers· main27110Manufacture of electric motors, generators and transformers35110Production of electricity35110Production of electricity
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2024202320222021202020192018201720162015201420132012
Income statement
Gross margin199,4 k €322,5 k €432 k €293,5 k €262,6 k €285,2 k €314,3 k €250,7 k €292,5 k €316 k €272 k €257,2 k €384 k €
EBITDA199,3 k €322,4 k €431,9 k €293,4 k €262,5 k €285,1 k €314,2 k €250,6 k €292,4 k €315,9 k €271,9 k €257,1 k €383,9 k €
Operating result86,1 k €209,1 k €318,7 k €180,2 k €149,2 k €166,5 k €200,9 k €137,3 k €179,1 k €202,6 k €158,7 k €143,9 k €203,9 k €
Net result32,9 k €121 k €194,9 k €89,2 k €63,7 k €68,5 k €88,7 k €56,3 k €94,1 k €117,1 k €59 k €35,9 k €2 k €
Balance sheet
Equity279,3 k €330,1 k €292,9 k €181,7 k €176,1 k €196,2 k €211,3 k €187,7 k €196,5 k €167,6 k €115,5 k €56,6 k €20,6 k €
Total assets1 M €1,2 M €1,3 M €1,3 M €1,4 M €1,5 M €1,7 M €1,7 M €1,8 M €1,9 M €2,1 M €2,2 M €2,3 M €
Cash184,4 k €219,4 k €222,8 k €133,9 k €152,9 k €202,5 k €213,1 k €164,7 k €155,5 k €153,9 k €192,3 k €232,5 k €182,2 k €
Debts715,6 k €891,6 k €989,5 k €1,1 M €1,2 M €1,3 M €1,4 M €1,5 M €1,6 M €1,7 M €1,9 M €2,1 M €2,2 M €
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 31/12/2024 · 3 active · 3 ended

Active mandates

Frank Verheyden

Director · since 08 juin 2011

Active
Luc Stas

Director · since 08 juin 2011

Active
Rudi Verheyden

Director · since 08 juin 2011

Active

Ended mandates

Frank VERHEYDEN

Manager · since 08 juin 2011

Ended
Luc Stas

Manager · since 08 juin 2011

Ended
Rudi VERHEYDEN

Manager · since 08 juin 2011

Ended
At this address

Other companies at this address

CompanyCBE no.
BLACK SWAN SOLAR I● Active
0817.994.070
Ecupower● Active
0835.498.117
ENERGY CENTRE COSMONERA● Active
0426.269.666
HERGOCO● Active
0441.604.772
INSTALLATIEBEDRIJF VERHEYDEN● Active
0893.272.505
NATURAL POWER SYSTEMS● Active
0819.614.663
SANITAIRE TECHNIEKEN VERHEYDEN● Active
0873.504.497
VERHEYDEN TECHNICS● Active
0863.502.809
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelMicro model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202526/06/202417/08/202318/08/202229/06/202129/06/2020
General meeting30/06/202524/06/202426/06/202327/06/202228/06/202129/06/2020
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202430/06/202530/06/2025DutchPDF
Micro model31/12/202324/06/202426/06/2024DutchPDF
Micro model31/12/202226/06/202317/08/2023DutchPDF
Micro model31/12/202127/06/202218/08/2022DutchPDF
Abridged model31/12/202028/06/202129/06/2021DutchPDF
Micro model31/12/201929/06/202029/06/2020DutchPDF
Micro model31/12/201824/06/201921/08/2019DutchPDF
Micro model31/12/201725/06/201821/08/2018DutchPDF
Abridged model31/12/201626/06/201729/08/2017DutchPDF
Abridged model31/12/201527/06/201628/06/2016DutchPDF
Abridged model31/12/201429/06/201501/07/2015DutchPDF
Abridged model31/12/201330/06/201411/08/2014DutchPDF
Abridged model31/12/201224/06/201316/08/2013DutchPDF
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 31/12/2024 · 3 active · 3 ended

Active mandates

Frank Verheyden

Director · since 08 juin 2011

Active
Luc Stas

Director · since 08 juin 2011

Active
Rudi Verheyden

Director · since 08 juin 2011

Active

Ended mandates

Frank VERHEYDEN

Manager · since 08 juin 2011

Ended
Luc Stas

Manager · since 08 juin 2011

Ended
Rudi VERHEYDEN

Manager · since 08 juin 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/06/2011
    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. 2024
    Annual accounts 202432,9 k €↓
  2. 2023
    Annual accounts 2023121 k €↓
  3. 2022
    Annual accounts 2022194,9 k €↑
  4. 2021
    Annual accounts 202189,2 k €↑
  5. 2020
    Annual accounts 202063,7 k €↓
  6. 2019
    Annual accounts 201968,5 k €↓
  7. 2018
    Annual accounts 201888,7 k €↑
  8. 2017
    Annual accounts 201756,3 k €↓
  9. 2016
    Annual accounts 201694,1 k €↓
  10. 2015
    Annual accounts 2015117,1 k €↑
  11. 2014
    Annual accounts 201459 k €↑
  12. 2013
    Annual accounts 201335,9 k €↑
  13. 2012
    Annual accounts 20122 k €
  14. 08/06/2011
    IncorporationPrivate limited company