Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Late annual account NBB
Fiscal year 2025 was filed 236 days after the legal deadline.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Hikoki Power Tools Belgium from Dilbeek, company number BE0424153977, closed financial year 2025 with a result of € 286,573 after tax. For that financial year Hikoki Power Tools Belgium recorded revenue of € 10.1 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 111,760 to € 286,573. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ 2.2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 286,573
▲ 156% vs 2024
Profit after tax over the fiscal year.
€ 3.8 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 925,573.
People and assets in 2025
11.3
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
€ 93,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,022
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.3 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 95 days on average.
€ 507,687
▲ 50% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 12,787,089 | € 10,223,193 | € 9,502,803 | € 10,120,705 | ▲ 7% |
| Profit after taxes | € 1,633,179 | € 260,298 | € 111,760 | € 286,573 | ▲ 156% |
| Equity | € 1,506,410 | € 1,766,708 | € 1,878,468 | € 2,165,041 | ▲ 15% |
| Total debts | € 3,272,599 | € 3,387,403 | € 3,050,116 | € 2,872,218 | ▼ 6% |
| Cash | € 3,483,574 | € 4,131,991 | € 3,885,293 | € 3,812,394 | ▼ 2% |
| Retained profit | € 266,942 | € 527,240 | € 639,000 | € 925,573 | ▲ 45% |
| Balance sheet total | € 5,134,419 | € 5,477,768 | € 5,244,189 | € 5,396,213 | ▲ 3% |
| Employees (FTE) | 14.3 | 12.2 | 12 | 11.3 | ▼ 0.7 |
Key figures of Hikoki Power Tools Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Hikoki Power Tools Belgium?
What happened at Hikoki Power Tools Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hans-Heribert Engels stepped down as director. NBB
- Matthias Heimlich stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 286,573 (▲ 156% vs 2024). filed late Source: NBB ↗
- François Henryon stepped down as director. NBB
- Hans-Heribert Engels became a director. NBB
- Matthias Heimlich became a director. NBB
- François Henryon became a director. NBB
- New establishment in Dilbeek. KBO
In short
From € 1.6 million profit in 2022 to € 286,573 profit in 2025.
Paid € 163,078 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Pays suppliers within 95 days on average.
Management
The shares are held by Koki Holdings Co. Ltd. (100%) and Hikoki Power Tools Netherlands B.V (0%).
Directors
According to the 2025 annual accounts
Hans-Heribert Engels
Director
since 2024 · until 2027
since 2024 · until 2027
since 2021 · until 2024
Shareholders
Koki Holdings Co. Ltd.
100%
Hikoki Power Tools Netherlands B.V
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noordkustlaan 2A
1702 Dilbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.153.977
- VAT number
- BE 0424.153.977
- Registered office
- Noordkustlaan 2A, 1702 Dilbeek
- Names & denominations
- Hikoki Power Tools Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1983
- Peppol
- Not registered
- Activities · NACE
Groothandel in ijzerwaren
Groothandel in gereedschapswerktuigen