ACTIVE

HORTIPOWER

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

3,5 M €

+1970.3% YoY

Revenue

15,1 M €

+3.5% YoY

Equity

15,2 M €

+30.5% YoY

Workforce

65,8 ETP

-6.8% YoY

What does HORTIPOWER do?

HORTIPOWER is a Private limited company incorporated in 2007. Its main activity is: Growing of rice. Its registered office is in Merksplas. It employs on average 65,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0886.396.391

Incorporation

15/01/2007

Legal form

Private limited company

Registered office

Berkelaar 7
2330 Merksplas · FlandreSee on map

Contributed capital

993 608,00 €

Latest accounts

31/12/2024

Average workforce

65,8 ETP

Activities (NACE)

01121Growing of rice· main 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 01130Growing of vegetables and melons, roots and tubers 01240Growing of pome fruits and stone fruits 01240Growing of pome fruits and stone fruits+12

Joint committees (5)

145
1450
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	15,1 M €	+3.5%	14,6 M €	+27.2%	11,4 M €	-3.5%	11,9 M €	+10.7%	10,7 M €	+3.5%	10,4 M €	-2.3%	10,6 M €	-4.9%	11,1 M €	-10.0%	12,4 M €	+0.6%	12,3 M €	+19.3%	10,3 M €	+4.8%	9,8 M €	-7.5%	10,6 M €		–		–		–		–		–
EBITDA	6,6 M €	+206%	2,2 M €	-44.0%	3,9 M €	+38.5%	2,8 M €	-17.8%	3,4 M €	+20.2%	2,8 M €	+14.0%	2,5 M €	-27.0%	3,4 M €	-19.7%	4,2 M €	-11.6%	4,8 M €	+18.5%	4,1 M €	+56.3%	2,6 M €	-30.2%	3,7 M €	+66.2%	2,2 M €	-24.7%	3 M €	+324%	698,7 k €	+1535%	-48,7 k €	-3741%	-1,3 k €
Operating result	4,7 M €	+1964%	229,7 k €	-87.6%	1,9 M €	+152%	734,3 k €	-52.4%	1,5 M €	+37.7%	1,1 M €	+281%	294,4 k €	-73.5%	1,1 M €	-43.1%	2 M €	-25.9%	2,6 M €	+29.2%	2 M €	+247%	588,3 k €	-69.2%	1,9 M €	+195%	647,5 k €	-61.3%	1,7 M €	+636%	-312,7 k €	-542%	-48,7 k €	-3741%	-1,3 k €
Net result	3,5 M €	+1970%	171,2 k €	-87.5%	1,4 M €	+163%	521,8 k €	-36.0%	815,1 k €	-20.8%	1 M €	+868%	106,3 k €	-89.2%	988,6 k €	-45.9%	1,8 M €	-25.9%	2,5 M €	+38.3%	1,8 M €	+448%	325,2 k €	-77.9%	1,5 M €	+419%	284 k €	-77.3%	1,3 M €	+264%	-762,8 k €	-392%	-155 k €	-5748%	-2,7 k €
Balance sheet
Equity	15,2 M €	+30.5%	11,6 M €	+1.5%	11,5 M €	+13.6%	10,1 M €	+5.5%	9,6 M €	+9.3%	8,7 M €	+12.8%	7,8 M €	+0.8%	7,7 M €	+4.6%	7,4 M €	+31.9%	5,6 M €	+2.8%	5,4 M €	+47.1%	3,7 M €	+8.2%	3,4 M €	+72.2%	2 M €	+13.6%	1,7 M €	+1026%	154,6 k €	-81.5%	835,9 k €	-15.6%	991 k €
Total assets	23,3 M €	-3.3%	24 M €	+12.6%	21,4 M €	+1.5%	21 M €	-3.5%	21,8 M €	+21.7%	17,9 M €	+0.9%	17,8 M €	-10.3%	19,8 M €	-8.7%	21,7 M €	+14.2%	19 M €	-9.5%	21 M €	+3.3%	20,3 M €	-5.5%	21,5 M €	+16.7%	18,4 M €	-6.8%	19,8 M €	+38.6%	14,3 M €	+60.6%	8,9 M €	+778%	1 M €
Cash	6,9 M €	+597%	988,9 k €	+47.1%	672 k €	-54.3%	1,5 M €	-28.1%	2 M €	+3788%	52,6 k €	-96.9%	1,7 M €	-11.2%	1,9 M €	+453%	347,1 k €	-85.4%	2,4 M €	+129%	1 M €	-70.1%	3,5 M €	+87.7%	1,9 M €	+19.8%	1,6 M €	-11.9%	1,8 M €	+428%	333,1 k €	+47.0%	226,6 k €	+5124%	4,3 k €
Debts	8,1 M €	-34.9%	12,4 M €	+25.3%	9,9 M €	-9.5%	11 M €	-10.6%	12,2 M €	+33.4%	9,2 M €	-8.1%	10 M €	-15.6%	11,8 M €	-15.9%	14,1 M €	+7.4%	13,1 M €	-13.8%	15,2 M €	-6.7%	16,3 M €	-8.2%	17,8 M €	+10.1%	16,1 M €	-9.5%	17,8 M €	+28.7%	13,8 M €	+72.3%	8 M €	+38316%	20,9 k €
Other
Workforce	65,8 ETP	-6.8%	70,6 ETP	-0.8%	71,2 ETP	+3.3%	68,9 ETP	-0.1%	69,0 ETP	+0.4%	68,7 ETP	-14.2%	80,1 ETP	-5.1%	84,4 ETP	+8.9%	77,5 ETP	-15.8%	92,0 ETP	+30.3%	70,6 ETP	+16.7%	60,5 ETP	+1.9%	59,4 ETP	+29.4%	45,9 ETP	+11.4%	41,2 ETP	-1.7%	41,9 ETP	+4090%	1,0 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 6 ended

Active mandates

Dirk Van den Plas

Director

Active

Jonny Vermeiren

Director

Active

Tom Lefevre

Director

Active

Ended mandates

Dirk Van den Plas

Manager · since 01 octobre 2008

Ended

Tom Lefevre

Manager · since 01 octobre 2008

Ended

Jonny Maria Franciscus Vermeiren

Manager · since 21 décembre 2006

Ended

Dirk Van den Plas

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
TOMECO SERVICES● Active	0642.906.003

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	18/07/2024	18/07/2023	11/07/2022	28/06/2021	14/09/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021	26/06/2020
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	27/06/2025	17/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	18/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	18/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	28/06/2021	Dutch	PDF
Full modelCorrection	31/12/2019	26/06/2020	14/09/2020	Dutch	PDF
Full model	31/12/2019	26/06/2020	06/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	11/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	19/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	12/06/2015	15/06/2015	Dutch	PDF
Full model	31/12/2013	27/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	28/06/2013	28/06/2013	Dutch	PDF
Abridged model	31/12/2011	10/05/2012	22/05/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	13/04/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	29/06/2009	Dutch	PDF
Abridged model	31/12/2007	27/06/2008	01/07/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 6 ended

Active mandates

Dirk Van den Plas

Director

Active

Jonny Vermeiren

Director

Active

Tom Lefevre

Director

Active

Ended mandates

Dirk Van den Plas

Manager · since 01 octobre 2008

Ended

Tom Lefevre

Manager · since 01 octobre 2008

Ended

Jonny Maria Franciscus Vermeiren

Manager · since 21 décembre 2006

Ended

Dirk Van den Plas

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other16/09/2026
DIVERSEN
PDF
Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Other07/11/2012
DIVERSEN
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

2024
Annual accounts 20243,5 M €↑
2023
Annual accounts 2023171,2 k €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 2021521,8 k €↓
2020
Annual accounts 2020815,1 k €↓
2019
Annual accounts 20191 M €↑
2018
Annual accounts 2018106,3 k €↓
2017
Annual accounts 2017988,6 k €↓
2016
Annual accounts 20161,8 M €↓
2015
Annual accounts 20152,5 M €↑
2014
Annual accounts 20141,8 M €↑
2013
Annual accounts 2013325,2 k €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 2011284 k €↓
2010
Annual accounts 20101,3 M €↑
2009
Annual accounts 2009-762,8 k €↓
2008
Annual accounts 2008-155 k €↓
2007
Annual accounts 2007-2,7 k €
15/01/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

HORTIPOWER

Overview

What does HORTIPOWER do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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