Financials
Financial year 2025
HORTIPOWER from Merksplas, company number BE0886396391, closed financial year 2025 with a result of € 548,586 after tax. For that financial year HORTIPOWER recorded revenue of € 12.8 million and equity of € 8.2 million. Compared with financial year 2024, the result moved from € 3.5 million to € 548,586. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 8.2 million
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 548,586
▼ 85% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
67.6
▲ 1.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 5% vs 2024
€ 44,700 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.
€ 25,702
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.1 million
▼ 54% vs 2024
€ 608,162 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1.6 million
▲ 77% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 80 days on average.
€ 486,359
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,449,467 | € 14,565,315 | € 15,073,005 | € 12,800,786 | ▼ 15% |
| Profit after taxes | € 1,370,815 | € 171,193 | € 3,544,267 | € 548,586 | ▼ 85% |
| Equity | € 11,450,164 | € 11,621,357 | € 15,165,624 | € 8,214,210 | ▼ 46% |
| Total debts | € 9,907,513 | € 12,421,900 | € 8,089,347 | € 6,507,271 | ▼ 20% |
| Cash | € 672,007 | € 988,850 | € 6,890,963 | € 1,015,493 | ▼ 85% |
| Land & buildings | € 2,152,665 | € 1,654,842 | € 1,534,113 | € 1,532,970 | |
| Retained profit | € 10,456,556 | € 10,627,749 | € 14,172,016 | € 7,220,602 | ▼ 49% |
| Dividend | € 0 | € 0 | € 0 | € 7,500,000 | |
| Bank debt | € 8,200,005 | € 9,198,429 | € 6,673,100 | € 3,054,809 | ▼ 54% |
| Balance sheet total | € 21,357,677 | € 24,043,257 | € 23,254,971 | € 14,721,481 | ▼ 37% |
| Employees (FTE) | 71.2 | 70.6 | 65.8 | 67.6 | ▲ 1.8 |
Key figures of HORTIPOWER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to HORTIPOWER?
What happened at HORTIPOWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 548,586 (▼ 85% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merksplas. KBO
In short
From € 1.4 million profit in 2022 to € 548,586 profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.5 million profit.
Paid out € 7.5 million in dividends to the owners in total.
Management
The stake of V.W. TUINDERIJEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HORTIPOWERBehind HORTIPOWER are Dirk Van den Plas, Sterbos NV and Cornelia Wouters. The shares are held by V.W. TUINDERIJEN (16.7%). It owns 33% of Tomeco Services itself.
Directors
According to the 2025 annual accounts
Dirk Van den Plas
Director
Also active at: LOGISTIEKE EN ADMINISTRATIEVE VEILINGSASSOCIATIE, Kenniscentrum Glastuinbouw
Director · represented by Vermeiren Jonny
Shareholders
16.7%
Participations
33%
Establishments
Establishment units
Physical locations of this company
Berkelaar 7
2330 Merksplas
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
- 0886.396.391
- VAT number
- BE 0886.396.391
- Registered office
- Berkelaar 7, 2330 Merksplas
- Names & denominations
- HORTIPOWER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 January 2007
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groenteteelt
Teelt van pit- en steenvruchten
Handel in elektriciteit
Productie van elektriciteit uit niet-hernieuwbare bronnen
Productie en distributie van stoom en gekoelde lucht
Transmissie van elektriciteit
Distributie en handel van elektriciteit
+3