ACTIVE

SPINPOWER

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Financial year 2025 · Closed on 31/12/2025

Net result86,8 k €+164,1 %over 1 year
Gross margin264,8 k €+32,8 %over 1 year
Equity282,4 k €+1,1 %over 1 year

Identity

Source · BCE/KBO

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
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin264,8 k €199,4 k €322,5 k €432 k €293,5 k €
EBITDA258,4 k €199,3 k €322,4 k €431,9 k €293,4 k €
Operating result150,4 k €86,1 k €209,1 k €318,7 k €180,2 k €
Net result86,8 k €32,9 k €121 k €194,9 k €89,2 k €
Balance sheet
Equity282,4 k €279,3 k €330,1 k €292,9 k €181,7 k €
Total assets810,1 k €1 M €1,2 M €1,3 M €1,3 M €
Cash46,8 k €184,4 k €219,4 k €222,8 k €133,9 k €
Debts518,7 k €715,6 k €891,6 k €989,5 k €1,1 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank Verheyden
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended
Luc Stas
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended
Rudi Verheyden
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended

Other companies at this address

Epicealaan 25 2910 Essen
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

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged 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 date07/07/202630/06/202526/06/202417/08/202318/08/202229/06/2021
General meeting29/06/202630/06/202524/06/202426/06/202327/06/202228/06/2021
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, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202607/07/2026DutchPDF
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

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank Verheyden
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended
Luc Stas
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended
Rudi Verheyden
Directorsince 08/06/2011Manager08/06/2011 → 2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/11/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/06/2011
    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

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings14 filings
Mandates
Frank Verheyden
Rudi Verheyden
Luc Stas
2011201220132014201520162017201820192020202120222023202420252026
SPINPOWER
Epicealaan 25, 2910 Essen
DirectorManager
DirectorManager
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Epicealaan 25, 2910 EssenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00260777

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SPINPOWERCurrent
accounts 2012 → 2025
Accounts 2025 · 2026-00260777

Events

  1. 2025
    Annual accounts 202586,8 k €↑
  2. 2024
    Annual accounts 202432,9 k €↓
  3. 2023
    Annual accounts 2023121 k €↓
  4. 2022
    Annual accounts 2022194,9 k €↑
  5. 2021
    Annual accounts 202189,2 k €↑
  6. 2020
    Annual accounts 202063,7 k €↓
  7. 2019
    Annual accounts 201968,5 k €↓
  8. 2018
    Annual accounts 201888,7 k €↑
  9. 2017
    Annual accounts 201756,3 k €↓
  10. 2016
    Annual accounts 201694,1 k €↓
  11. 2015
    Annual accounts 2015117,1 k €↑
  12. 2014
    Annual accounts 201459 k €↑
  13. 2013
    Annual accounts 201335,9 k €↑
  14. 2012
    Annual accounts 20122 k €
  15. 08/06/2011
    IncorporationPrivate limited company