ACTIVE

HORSE POWER IGNITION

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Financial year 2025 · Closed on 31/12/2025

Net result
551,4 k €
+6,1 %over 1 year
Gross margin
951,2 k €
-2,5 %over 1 year
Equity
2,7 M €
+12,3 %over 1 year
Workforce
3,5 ETP
0,0 %over 1 year

Identity

Source · BCE/KBO

HORSE POWER IGNITION is a Private limited company incorporated in 2007. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Bree. It employs on average 3,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0889.111.007
Incorporation
25/04/2007
Legal form
Private limited company
Registered office
Kuilenstraat 97
3960 Bree · FlandreSee on map
Contributed capital
150 000,00 €
Latest accounts
31/12/2025
Average workforce
3,5 ETP
Joint committees (4)
  • 149
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin951,2 k €975,8 k €687,3 k €587,7 k €617,2 k €
EBITDA784,5 k €811,2 k €532,7 k €450,4 k €495,7 k €
Operating result778,6 k €805,9 k €523,1 k €444 k €490,1 k €
Net result551,4 k €519,4 k €314,7 k €305,6 k €325,9 k €
Balance sheet
Equity2,7 M €2,4 M €2,3 M €2 M €1,9 M €
Total assets3 M €2,6 M €2,9 M €2,6 M €2,5 M €
Cash1,1 M €548,6 k €312,6 k €360,6 k €215,1 k €
Debts302,1 k €170,7 k €650,7 k €598,8 k €575,1 k €
Other
Workforce3,5 ETP3,5 ETP3,5 ETP3,5 ETP3,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Willy Hertogs

Director · since 23 mars 2023

Active

Ended mandates

Willy Hertogs

Manager · since 25 avril 2007

Ended
Willy Hertogs

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date30/07/202610/07/202528/08/202431/08/202315/11/202230/11/2021
General meeting30/06/202620/06/202527/08/202416/06/202316/06/202218/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202420/06/202510/07/2025DutchPDF
Abridged model31/12/202327/08/202428/08/2024DutchPDF
Abridged model31/12/202216/06/202331/08/2023DutchPDF
Abridged model31/12/202116/06/202215/11/2022DutchPDF
Abridged model31/12/202018/06/202130/11/2021DutchPDF
Abridged model31/12/201919/06/202002/10/2020DutchPDF
Abridged model31/12/201821/06/201930/08/2019DutchPDF
Abridged modelCorrection31/12/201715/06/201827/09/2018DutchPDF
Abridged model31/12/201715/06/201831/08/2018DutchPDF
Abridged model31/12/201616/06/201731/08/2017DutchPDF
Abridged model31/12/201517/06/201626/08/2016DutchPDF
Abridged model31/12/201419/06/201527/08/2015DutchPDF
Abridged model31/12/201320/06/201426/08/2014DutchPDF
Abridged model31/12/201221/06/201320/08/2013DutchPDF
Abridged model31/12/201115/06/201231/08/2012DutchPDF
Abridged model31/12/201017/06/201130/06/2011DutchPDF
Abridged model31/12/200918/06/201025/08/2010DutchPDF
Abridged model31/12/200819/06/200920/08/2009DutchPDF
Abridged model31/12/200720/06/200829/08/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

1 active · 2 ended

Active mandates

Willy Hertogs

Director · since 23 mars 2023

Active

Ended mandates

Willy Hertogs

Manager · since 25 avril 2007

Ended
Willy Hertogs

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/12/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares03/02/2014
    KAPITAAL - AANDELEN
    PDF
  • Other09/05/2007
    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

  1. 2025
    Annual accounts 2025551,4 k €↑
  2. 2024
    Annual accounts 2024519,4 k €↑
  3. 2023
    Annual accounts 2023314,7 k €↑
  4. 2022
    Annual accounts 2022305,6 k €↓
  5. 2021
    Annual accounts 2021325,9 k €↓
  6. 2020
    Annual accounts 2020376,8 k €↑
  7. 2019
    Annual accounts 2019255,8 k €↑
  8. 2018
    Annual accounts 2018166,8 k €↓
  9. 2017
    Annual accounts 2017168,9 k €↑
  10. 2016
    Annual accounts 2016131,6 k €↑
  11. 2015
    Annual accounts 2015100,8 k €↑
  12. 2014
    Annual accounts 201456 k €↑
  13. 2013
    Annual accounts 201348,9 k €↓
  14. 2012
    Annual accounts 201278,7 k €↓
  15. 2011
    Annual accounts 201186,2 k €↑
  16. 2010
    Annual accounts 201082,3 k €↓
  17. 2009
    Annual accounts 2009104,5 k €↑
  18. 2008
    Annual accounts 200871,3 k €↑
  19. 2007
    Annual accounts 200770,1 k €
  20. 25/04/2007
    IncorporationPrivate limited company