Financials
Financial year 2025
HORSE POWER IGNITION from Bree, company number BE0889111007, closed financial year 2025 with a result of € 551,374 after tax. For that financial year HORSE POWER IGNITION recorded a gross margin of € 951,175 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 519,437 to € 551,374. 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 July 30, 2026.
€ 2.7 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 551,374
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▲ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 255,800 paid out
46 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.5
Average over the fiscal year, from the social balance sheet.
€ 163,132
▲ 4% vs 2024
€ 46,600 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.
€ 12,385
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 929
▼ 90% vs 2024
Loans from banks and other lenders, long and short.
€ 48,870
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,302
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 587,724 | € 687,306 | € 975,785 | € 951,175 | ▼ 3% |
| Profit after taxes | € 305,586 | € 314,743 | € 519,437 | € 551,374 | ▲ 6% |
| Equity | € 1,983,076 | € 2,297,819 | € 2,405,682 | € 2,701,256 | ▲ 12% |
| Total debts | € 615,754 | € 650,668 | € 170,671 | € 302,143 | ▲ 77% |
| Cash | € 360,600 | € 312,591 | € 548,595 | € 1,061,729 | ▲ 94% |
| Land & buildings | € 1,621 | € 931 | € 241 | € 0 | ▼ 100% |
| Retained profit | € 1,833,076 | € 2,147,819 | € 2,255,682 | € 2,551,256 | ▲ 13% |
| Dividend | € 205,175 | € 0 | € 411,574 | € 255,800 | ▼ 38% |
| Bank debt | € 0 | € 2,518 | € 9,155 | € 929 | ▼ 90% |
| Balance sheet total | € 2,598,830 | € 2,948,487 | € 2,576,353 | € 3,003,398 | ▲ 17% |
| Employees (FTE) | 3.5 | 3.5 | 3.5 | 3.5 |
Key figures of HORSE POWER IGNITION, 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 HORSE POWER IGNITION?
What happened at HORSE POWER IGNITION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 551,374 (▲ 6% vs 2024). Source: NBB ↗
- Willy Hertogs became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 305,586 profit in 2022 to € 551,374 profit in 2025.
Paid € 781,850 in corporate taxes since 2022.
Best year ever: 2025, with € 551,374 profit.
On average € 271,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind HORSE POWER IGNITION is Willy Hertogs.
Directors
According to the 2025 annual accounts
Willy Hertogs
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Kuilenstraat 97
3960 Bree
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0889.111.007
- VAT number
- BE 0889.111.007
- Registered office
- Kuilenstraat 97, 3960 Bree
- Names & denominations
- HORSE POWER IGNITION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2007
- Peppol
- Active · Active since 9 Sept 2025
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