HORTIPLAN

Active

Private limited companyfounded 197748 yrs activeDrevendaal 9, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0417.799.289

Summary

HORTIPLAN has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.7m and a net result of -€1.8m. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 152 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

HORTIPLANActiveChecked score 47/100

Risk analysis Report Compare

Checked score

Score 2025

47 / 100

Fair

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability9▼-69

Solvency64▲+10

Growth68▼-17

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €550,000 at 30 days acceptable

Liquidity tight (current ratio 1.38 against 1.31 in 2024; short-term debt: 60.1% and cash: 0% of total assets), and 61.5% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Repair, maintenance and installation of machinery and equipment (NACE 33)

about 56% more bankruptcies

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

38.5%

Return on assets

-5.3%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-04-2026, 102 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

102 d early

2024

113 d early

2023

120 d early

2022

119 d early

2021

116 d early

2020

75 d early

2019

86 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 104 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

28-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 16 December 1977, HORTIPLAN was incorporated.¹ Of the 3 current board members, Arvesta Belgium has served longest, since 2024.² Revenue went from EUR 8.2 million in 2018 to EUR 36 million in 2025 and headcount from 32.9 to 61.6 full-time equivalents.³

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money Which other companies belong to the same group?MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND · 26 companies

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

In the rankings #1 employer in Sint-Katelijne-Waver, Manufacturing sector #1 company by total assets in Sint-Katelijne-Waver, Manufacturing sector #1 company by equity in Sint-Katelijne-Waver, Manufacturing sector

Turnover

€35.5m▲ 44.7%

2024 · €24.5m

EBIT margin

-5.7%▼ 19.3pp

2024 · 13.6%

Net result

-€1.8m

2024 · €2.8m

Working capital

€7.6m▼ 31.4%

2024 · €11.0m

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Turnover€20.1m▲ 33.4%€15.7m▼ 21.9%€18.1m▲ 15.3%€24.5m▲ 35.3%€35.5m▲ 44.7%

Operating result€1.5m▲ 426%€1.1m▼ 23.1%€1.9m▲ 65.7%€3.3m▲ 77.4%-€2.0m

Net result€1.1m▲ 414%€901,699▼ 20.9%€1.7m▲ 83.7%€2.8m▲ 66.5%-€1.8m

EBIT margin7.4%▲ 5.5pp7.2%▼ 0.1pp10.4%▲ 3.2pp13.6%▲ 3.2pp-5.7%▼ 19.3pp

Equity€9.1m▲ 14.3%€10.1m▲ 11.3%€11.8m▲ 16.4%€14.5m▲ 23.4%€12.7m▼ 12.4%

Total assets€32.6m▲ 16.8%€42.9m▲ 31.8%€55.4m▲ 29.0%€50.7m▼ 8.4%€33.1m▼ 34.8%

Debt€23.2m▲ 20.0%€32.6m▲ 40.3%€43.1m▲ 32.5%€35.6m▼ 17.5%€19.9m▼ 44.2%

Working capital€7.9m▲ 10.6%€8.8m▲ 10.5%€10.5m▲ 20.1%€11.0m▲ 4.8%€7.6m▼ 31.4%

Solvency27.9%▼ 0.6pp23.6%▼ 4.4pp21.3%▼ 2.3pp28.7%▲ 7.4pp38.5%▲ 9.9pp

Staff (FTE)45.6▲ 2.7%51.4▲ 12.7%51.1▼ 0.6%59.1▲ 15.7%61.6▲ 4.2%

above within below the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €2.0m after €3.3m in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €33.1m

17.0%

83.0%

Fixed assets €5.6m ▲ 37.4%

Current assets €27.4m ▼ 41.1%

Equity and liabilities €33.1m

38.5%

60.1%

Equity €12.7m ▼ 12.4%

Provisions €463,169 ▼ 22.1%

Debt €19.9m ▼ 44.2%

Debt's share of the balance-sheet total falls from 70.2% to 60.1%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

-€1.6m▼

2024 · €3.8m

Cash flow

-€1.4m▼

2024 · €3.2m

Current ratio

1.38▲

2024 · 1.31

Quick ratio

0.37▲

2024 · 0.29

Debt to equity

1.56▼

2024 · 2.45

ROE

-13.8%▼

2024 · 19.0%

ROA

-5.3%▼

2024 · 5.4%

Interest coverage

-63.70▼

2024 · 261.16

Debt ≤ 1 year

€19.9m▼

2024 · €35.6m

Income taxes

-€29,969▼

2024 · €1.1m

Staff costs

€5.3m▲

2024 · €5.1m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 815 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

Medium-sized
20 years or older
solvency 30% or more
a small loss

0.6% went bankrupt

2.8% stopped otherwise

96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.6%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines

Balance sheet Code20242025

Assets

Total assets20/58€50.7m€33.1m▼

Fixed assets21/28€4.1m€5.6m▲

Intangible fixed assets21€900€851,082▲

Tangible fixed assets22/27€4.1m€3.5m▼

Land and buildings22€3.1m€3.0m▼

Plant, machinery and equipment23€96,650€143,675▲

Furniture and vehicles24€316,257€294,174▼

Assets under construction and advance payments27€550,240€9,800▼

Financial fixed assets28€1,500€1.3m▲

Affiliated companies280/1-€1.3m

Participating interests280-€1.3m

Other financial fixed assets284/8€1,500€1,500=

Amounts receivable and cash guarantees285/8€1,500€1,500=

Current assets29/58€46.6m€27.4m▼

Stocks and contracts in progress3€36.4m€20.1m▼

Stocks30/36€3.6m€3.2m▼

Raw materials and consumables30/31€42,964€52,252▲

Work in progress32€150,915€96,627▼

Finished goods33€234,565€307,056▲

Goods purchased for resale34€3.0m€2.7m▼

Property held for sale35€4,534€3,549▼

Advance payments36€162,852€49,258▼

Contracts in progress37€32.9m€16.9m▼

Amounts receivable within one year40/41€10.2m€7.3m▼

Trade receivables40€3.0m€2.1m▼

Other amounts receivable41€7.2m€5.2m▼

Cash at bank and in hand54/58€7,571€5,237▼

Equity and liabilities

Total equity and liabilities10/49€50.7m€33.1m▼

Equity10/15€14.5m€12.7m▼

Contributions10/11€2.0m€2.0m=

Reserves13€12.4m€10.7m▼

Tax-exempt reserves132€679,589€679,589=

Distributable reserves133€11.8m€10.0m▼

Investment grants15€127,097€93,058▼

Provisions and deferred taxes16€594,792€463,169▼

Provisions for liabilities and charges160/5€594,792€463,169▼

Environmental obligations163€589,834€458,211▼

Other liabilities and charges164/5€4,958€4,958=

Amounts payable17/49€35.6m€19.9m▼

Amounts payable within one year42/48€35.6m€19.9m▼

Trade debts44€3.3m€1.4m▼

Suppliers440/4€3.3m€1.4m▼

Advances received on contracts in progress46€30.6m€17.3m▼

Taxes, remuneration and social security45€1.7m€1.3m▼

Taxes450/3€721,142€325,993▼

Remuneration and social security454/9€1.0m€925,582▼

Other amounts payable47/48-€9

Income statement Code20242025

Operating income70/76A€31.0m€18.8m▼

Turnover70€24.5m€35.5m▲

Change in stocks of work in progress, finished goods and contracts in progress71€5.7m-€17.1m▼

Own construction capitalised72€57,845€20,654▼

Other operating income74€246,131€427,828▲

Non-recurring operating income76A€416,758-

Operating charges60/66A€27.6m€20.8m▼

Goods for resale, raw materials and consumables60€16.7m€11.0m▼

Purchases600/8€16.5m€11.9m▼

Change in stocks: decrease (increase)609€216,850-€877,708▼

Services and other goods61€4.8m€4.2m▼

Remuneration, social security and pensions62€5.1m€5.3m▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€445,990€409,815▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€232,731-€395,836▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€150,334-€131,623▼

Other operating charges640/8€44,161€398,160▲

Non-recurring operating charges66A€100,529-

Operating profit (loss)9901€3.3m-€2.0m▼

Financial income75/76B€520,226€247,813▼

Recurring financial income75€520,226€247,813▼

Income from financial fixed assets750€473,787€211,158▼

Other financial income752/9€46,439€36,655▼

Financial charges65/66B€38,641€29,388▼

Recurring financial charges65€38,641€29,388▼

Debt charges650€14,511€25,135▲

Other financial charges652/9€24,130€4,253▼

Non-recurring financial charges66B€0-

Profit (loss) for the period before taxes9903€3.8m-€1.8m▼

Income taxes67/77€1.1m-€29,969▼

Taxes670/3€1.1m€5,896▼

Tax adjustments and reversals of tax provisions77€18,759€35,866▲

Profit (loss) for the period9904€2.8m-€1.8m▼

Transfer to tax-exempt reserves689€631,500-

Profit (loss) for the period to be appropriated9905€2.1m-€1.8m▼

Appropriation of the result

Profit (loss) to be appropriated9906€2.1m-€1.8m▼

Transfer from equity791/2-€1.8m

From reserves792-€1.8m

Transfer to equity691/2€2.1m-

To other reserves6921€2.1m-

Social balance

Average headcount (FTE)908759.161.6▲

The notes to these accounts (70 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€22.6m	€20.1m	€20.1m	€31.0m	€18.8m	▼ 39.2%
Turnover70	€20.1m	€15.7m	€18.1m	€24.5m	€35.5m	▲ 44.7%
Change in stocks of work in progress, finished goods and contracts in progress71	€2.3m	€3.9m	€1.7m	€5.7m	-€17.1m	▼ 398%
Own construction capitalised72	-	€229,892	€84,683	€57,845	€20,654	▼ 64.3%
Other operating income74	€161,998	€197,541	€229,632	€246,131	€427,828	▲ 73.8%
Non-recurring operating income76A	-	€33,164	€5,666	€416,758	-	-
Operating charges60/66A	€21.1m	€19.0m	€18.2m	€27.6m	€20.8m	▼ 24.6%
Goods for resale, raw materials and consumables60	€15.9m	€11.9m	€8.9m	€16.7m	€11.0m	▼ 34.0%
Purchases600/8	€17.6m	€15.1m	€11.1m	€16.5m	€11.9m	▼ 27.8%
Change in stocks: decrease (increase)609	-€1.8m	-€3.2m	-€2.2m	€216,850	-€877,708	▼ 505%
Services and other goods61	€1.5m	€3.0m	€4.4m	€4.8m	€4.2m	▼ 13.4%
Remuneration, social security and pensions62	€3.5m	€3.7m	€4.5m	€5.1m	€5.3m	▲ 4.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€202,871	€234,482	€219,811	€445,990	€409,815	▼ 8.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	€38,923	€178,707	-€27,274	€232,731	-€395,836	▼ 270%
Provisions for liabilities and charges: additions (uses and reversals)635/8	-€88,307	-€10,399	€208,051	€150,334	-€131,623	▼ 188%
Other operating charges640/8	€68,552	€30,448	€48,125	€44,161	€398,160	▲ 802%
Non-recurring operating charges66A	-	-	-	€100,529	-	-
Operating profit (loss)9901	€1.5m	€1.1m	€1.9m	€3.3m	-€2.0m	▼ 160%
Financial income75/76B	€55,065	€97,797	€525,110	€520,226	€247,813	▼ 52.4%
Recurring financial income75	€55,065	€97,797	€525,110	€520,226	€247,813	▼ 52.4%
Income from financial fixed assets750	€39,183	€94,392	€503,585	€473,787	€211,158	▼ 55.4%
Other financial income752/9	€15,881	€3,404	€21,525	€46,439	€36,655	▼ 21.1%
Financial charges65/66B	€20,918	€19,959	€39,216	€38,641	€29,388	▼ 23.9%
Recurring financial charges65	€20,918	€19,959	€39,216	€38,641	€29,388	▼ 23.9%
Debt charges650	€5,355	€6,687	€7,290	€14,511	€25,135	▲ 73.2%
Other financial charges652/9	€15,562	€13,272	€31,925	€24,130	€4,253	▼ 82.4%
Non-recurring financial charges66B	-	-	-	€0	-	-
Profit (loss) for the period before taxes9903	€1.5m	€1.2m	€2.4m	€3.8m	-€1.8m	▼ 147%
Transfer from deferred taxes780	€251,450	-	-	-	-	-
Income taxes67/77	€625,671	€313,680	€714,414	€1.1m	-€29,969	▼ 103%
Taxes670/3	€634,515	€333,596	€719,685	€1.1m	€5,896	▼ 99.5%
Tax adjustments and reversals of tax provisions77	€8,844	€19,916	€5,271	€18,759	€35,866	▲ 91.2%
Profit (loss) for the period9904	€1.1m	€901,699	€1.7m	€2.8m	-€1.8m	▼ 164%
Transfer from tax-exempt reserves789	€598,618	-	-	-	-	-
Transfer to tax-exempt reserves689	-	-	-	€631,500	-	-
Profit (loss) for the period to be appropriated9905	€1.7m	€901,699	€1.7m	€2.1m	-€1.8m	▼ 183%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€32.6m	€42.9m	€55.4m	€50.7m	€33.1m	▼ 34.8%
Fixed assets21/28	€1.4m	€1.6m	€1.7m	€4.1m	€5.6m	▲ 37.4%
Intangible fixed assets21	€9,639	€2,444	€1,672	€900	€851,082	▲ 94,422%
Tangible fixed assets22/27	€1.4m	€1.6m	€1.7m	€4.1m	€3.5m	▼ 15.6%
Land and buildings22	€931,607	€909,995	€862,988	€3.1m	€3.0m	▼ 4.0%
Plant, machinery and equipment23	€130,571	€143,330	€124,044	€96,650	€143,675	▲ 48.7%
Furniture and vehicles24	€220,396	€264,597	€221,451	€316,257	€294,174	▼ 7.0%
Assets under construction and advance payments27	€109,197	€274,464	€489,321	€550,240	€9,800	▼ 98.2%
Financial fixed assets28	€7,040	€1,500	€1,500	€1,500	€1.3m	▲ 88,408%
Affiliated companies280/1	-	-	-	-	€1.3m	-
Participating interests280	-	-	-	-	€1.3m	-
Other financial fixed assets284/8	€7,040	€1,500	€1,500	€1,500	€1,500	=
Amounts receivable and cash guarantees285/8	€7,040	€1,500	€1,500	€1,500	€1,500	=
Current assets29/58	€31.1m	€41.3m	€53.7m	€46.6m	€27.4m	▼ 41.1%
Stocks and contracts in progress3	€20.5m	€27.3m	€31.8m	€36.4m	€20.1m	▼ 44.8%
Stocks30/36	€3.4m	€4.3m	€4.7m	€3.6m	€3.2m	▼ 8.9%
Raw materials and consumables30/31	€39,225	€59,925	€47,339	€42,964	€52,252	▲ 21.6%
Work in progress32	€79,274	€426,161	€230,814	€150,915	€96,627	▼ 36.0%
Finished goods33	€109,425	€120,819	€170,939	€234,565	€307,056	▲ 30.9%
Goods purchased for resale34	€2.7m	€3.4m	€3.4m	€3.0m	€2.7m	▼ 7.7%
Property held for sale35	€1,191	€2,424	€2,634	€4,534	€3,549	▼ 21.7%
Advance payments36	€519,768	€269,664	€844,272	€162,852	€49,258	▼ 69.8%
Contracts in progress37	€17.1m	€23.1m	€27.1m	€32.9m	€16.9m	▼ 48.7%
Amounts receivable within one year40/41	€10.6m	€13.9m	€21.8m	€10.2m	€7.3m	▼ 28.0%
Trade receivables40	€2.3m	€2.4m	€4.9m	€3.0m	€2.1m	▼ 28.9%
Other amounts receivable41	€8.3m	€11.4m	€16.9m	€7.2m	€5.2m	▼ 27.6%
Cash at bank and in hand54/58	€685	-	€44,720	€7,571	€5,237	▼ 30.8%
Deferred charges and accrued income490/1	-	€126,930	-	-	-	-
Equity and liabilities
Total equity and liabilities10/49	€32.6m	€42.9m	€55.4m	€50.7m	€33.1m	▼ 34.8%
Equity10/15	€9.1m	€10.1m	€11.8m	€14.5m	€12.7m	▼ 12.4%
Contributions10/11	€2.0m	€2.0m	€2.0m	€2.0m	€2.0m	=
Reserves13	€7.1m	€8.0m	€9.7m	€12.4m	€10.7m	▼ 14.2%
Tax-exempt reserves132	€48,089	€48,089	€48,089	€679,589	€679,589	=
Distributable reserves133	€7.1m	€8.0m	€9.6m	€11.8m	€10.0m	▼ 15.0%
Investment grants15	-	€127,097	€127,097	€127,097	€93,058	▼ 26.8%
Provisions and deferred taxes16	€246,806	€236,407	€444,458	€594,792	€463,169	▼ 22.1%
Provisions for liabilities and charges160/5	€246,806	€236,407	€444,458	€594,792	€463,169	▼ 22.1%
Environmental obligations163	€223,848	€231,449	€439,500	€589,834	€458,211	▼ 22.3%
Other liabilities and charges164/5	€22,958	€4,958	€4,958	€4,958	€4,958	=
Amounts payable17/49	€23.2m	€32.6m	€43.1m	€35.6m	€19.9m	▼ 44.2%
Amounts payable within one year42/48	€23.2m	€32.6m	€43.1m	€35.6m	€19.9m	▼ 44.2%
Trade debts44	€2.3m	€3.4m	€5.5m	€3.3m	€1.4m	▼ 58.3%
Suppliers440/4	€2.3m	€3.4m	€5.5m	€3.3m	€1.4m	▼ 58.3%
Advances received on contracts in progress46	€19.7m	€28.2m	€36.1m	€30.6m	€17.3m	▼ 43.6%
Taxes, remuneration and social security45	€902,976	€880,365	€1.5m	€1.7m	€1.3m	▼ 27.9%
Taxes450/3	€285,328	€161,165	€614,521	€721,142	€325,993	▼ 54.8%
Remuneration and social security454/9	€617,647	€719,199	€848,908	€1.0m	€925,582	▼ 8.8%
Other amounts payable47/48	€287,500	-	-	-	€9	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€1.1m	€901,699	€1.7m	€2.8m	-€1.8m	▼ 164%
+ Depreciation and write-downs630	€202,871	€234,482	€219,811	€445,990	€409,815	▼ 8.1%
Operating cash flow (approximation)	€1.3m	€1.1m	€1.9m	€3.2m	-€1.4m	▼ 142%
Investment in fixed assets (approximation)	-	-€422,362	-€324,457	-€2.8m	-€1.9m	▲ 31.7%
Change in cash	-	-	-	-€37,149	-€2,334	▲ 93.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 33Financial 3Gazette 20Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

24-06

State Gazette act Resignation: Arvesta Belgium BV (director)

Permanent representatives: Paul Deleu, Emanuel Marreel and Karin Van Roy · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)8 facts ▸

General meeting, 23-03-2026
Director resignation, Arvesta Belgium BV (director)
Permanent representative, Paul Deleu
Board composition, Smart MSquare BV (director)
Permanent representative, Emanuel Marreel
Board composition, People & Vision BV (director)
Permanent representative, Karin Van Roy
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV

20-04

NBB filing Annual accounts filed

fiscal year 2025 · full schema

02-02

State Gazette act Resignation: Consella BV (director)

Permanent representatives: Kris Geysels, Karin Van Roy and 3 others · Appointment: People & Vision BV (director) · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)16 facts ▸

General meeting, 23-12-2025
Director resignation, Consella BV (director)
Permanent representative, Kris Geysels
Director appointment, People & Vision BV (director)
Permanent representative, Karin Van Roy
Board composition, Arvesta Belgium BV (director)
Permanent representative, Paul Deleu
Board composition, Smart MSquare BV (director)
Permanent representative, Emanuel Marreel
Board composition, People & Vision BV (director)
Permanent representative, Karin Van Roy
Mandate compensation, Hortiplan
+4 further facts in this act

2025

31-12

Financial Weakest financial yearnet -€1.8m

Net result drops to -€1.8m, the lowest in the series.

14-07

State Gazette act Permanent representatives: Kris Geysels, Paul Deleu and Emanuel Marreel

Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor) · Mandate compensation · Capital11 facts ▸

General meeting, 17-03-2025
General meeting, 24-03-2025
Board composition, Consella (director)
Permanent representative, Kris Geysels
Board composition, Arvesta Belgium (director)
Permanent representative, Paul Deleu
Board composition, Smart MSquare (director)
Permanent representative, Emanuel Marreel
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV
Mandate compensation, Consella
Capital, €10.734

09-04

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Highest result since 2018net €2.8m ▲66.5%

Operating result €3.3m, net result €2.8m, both a record.

02-04

NBB filing Annual accounts filed

fiscal year 2023 · full schema

12-02

State Gazette act Resignations: Lakelane BV (director) and Fresa Invest BV (director)

Permanent representatives: Sabine De veilder, Niek Depoorter and 4 others · Appointments: Consella BV, Arvesta Belgium BV and Smart MSquare BV · Reappointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)19 facts ▸

General meeting, 30-01-2024
Director resignation, Lakelane BV (director)
Permanent representative, Sabine De veilder
Director resignation, Fresa Invest BV (director)
Permanent representative, Niek Depoorter
Director discharge, Lakelane BV
Director discharge, Fresa Invest BV
Director appointment, Consella BV (director)
Permanent representative, Kris Geysels
Director appointment, Arvesta Belgium BV (director)
Permanent representative, Paul Deleu
Director appointment, Smart MSquare BV (director)
+7 further facts in this act

2023

03-04

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Equity above €10mEq €10.1m ▲11.3%

5 profitable years in a row build equity to €10.1m.

19-07

State Gazette act Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)

Permanent representatives: Niek Depoorter, Sabine De veilder and Wim Van Gasse · Mandate compensation · Auditor representative11 facts ▸

General meeting, 28-03-2022
Auditor reappointment, EY Bedrijfsrevisoren BV
Board composition, Fresa Invest (director)
Permanent representative, Niek Depoorter
Board composition, Lakelane (director)
Permanent representative, Sabine De veilder
Mandate compensation, Hortiplan
Auditor representative, Wim Van Gasse
Permanent representative, Wim Van Gasse
Auditor mandate expiry, na afloop van de algemene vergadering in 2022
Auditor compensation, vastgelegd door de aandeelhouder

Show earlier events

06-04

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

17-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

10-09

State Gazette act Resignations: Niek Depoorter (director) and Sabine De veilder (director)

Appointments: Fresa Invest (director) and Lakelane (director) · Permanent representatives: Niek Depoorter and Sabine De veilder · Mandate compensation10 facts ▸

General meeting, 23-03-2020
Director resignation, Niek Depoorter (director)
Director resignation, Sabine De veilder (director)
Director appointment, Fresa Invest (director)
Director appointment, Lakelane (director)
Permanent representative, Niek Depoorter
Permanent representative, Sabine De veilder
Board composition, Fresa Invest (director)
Board composition, Lakelane (director)
Mandate compensation, Hortiplan

07-05

State Gazette act Reappointments: DEPOORTER Niek Filip, DE VEILDER Sabine and EY Bedrijfsrevisoren BV

Permanent representative: Wim Van Gasse · Legal-form conversion · Capital15 facts ▸

General meeting, 30-03-2020
Legal-form conversion, NV naar BV
Capital, €1.983.148,2
Reserve release, 198314.82, EUR
Statutes amendment
Director reappointment, DEPOORTER Niek Filip (chair of the board and managing director)
Director reappointment, DE VEILDER Sabine (director)
Auditor reappointment, EY Bedrijfsrevisoren BV
Permanent representative, Wim Van Gasse
Power of attorney, Ils Poels
Power of attorney, Alexander El Galai
Power of attorney, Sara Trooskens
+3 further facts in this act

06-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

14-06

State Gazette act Resignations: Luc Basstanie (director) and Dirk Lissens (director)

Appointment: Sabine De Veilder (director) · Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor) · Permanent representative: Wim Van Gasse9 facts ▸

General meeting, 25-03-2019
Director resignation, Luc Basstanie (director)
Director resignation, Dirk Lissens (director)
Director appointment, Sabine De Veilder (director)
Auditor reappointment, Ernst & Young Bedrijfsrevisoren
Permanent representative, Wim Van Gasse
Board composition, Niek De Poorter (chair and managing director)
Board composition, Sabine De Veilder (director)
Power of attorney, Wim Van Gasse

10-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

11-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

14-03

State Gazette act Resignation: Michel Guiot (director)

Appointment: Niek Depoorter (chair of the board)5 facts ▸

Director resignation, Michel Guiot (director)
Director appointment, Niek Depoorter (chair of the board)
Board composition, Niek Depoorter (voorzitter van de raad van bestuur, en gedelegeerd bestuurder)
Board composition, Luc Basstanie (director)
Board composition, Dirk Lissens (director)

2017

30-06

State Gazette act Reappointment: Depoorter Niek (managing director)

Mandate compensation7 facts ▸

General meeting, 27-03-2017
Mandate compensation, HORTIPLAN (statutory auditor)
Director reappointment, Depoorter Niek (managing director)
Board composition, Guiot Michel (chair)
Board composition, Basstanie Luc (director)
Board composition, Depoorter Niek (managing director)
Board composition, Lissens Dirk (director)

04-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

11-07

State Gazette act Appointment: BCVBA Ernst & Young Bedrijfsrevisoren (statutory auditor)

Permanent representative: Wim Van Gasse · Mandate compensation · Power of attorney5 facts ▸

General meeting, 19-05-2016
Auditor appointment, BCVBA Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative, Wim Van Gasse
Mandate compensation, BCVBA Ernst & Young Bedrijfsrevisoren
Power of attorney, BVBA Wim Van Gasse

20-04

State Gazette act Resignations & appointments

Board composition · Auditor mandate · Special meeting8 facts ▸

General meeting, 29/03/2016
Board composition, Guiot Michel (chair)
Board composition, Basstanie Luc (director)
Board composition, Depoorter Niek (gedelegeerd bestuurder)
Board composition, Lissens Dirk (director)
Auditor mandate, 29/03/2016, expired
Auditor mandate, final decision pending at consolidating parent company level, postponed
Special meeting, planned, benoeming commissaris

2015

20-05

State Gazette act Resignation: Rudy Lefèvre (director)

Appointments: Dirk Lissens (director) and Michel Guiot (chair) · Reappointment: Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA (statutory auditor) · Auditor representative11 facts ▸

General meeting, 25/03/2015
Director resignation, Rudy Lefèvre (director)
Director appointment, Dirk Lissens (director)
Director appointment, Michel Guiot (chair)
Board composition, Michel Guiot (chair)
Board composition, Luc Basstanie (director)
Board composition, Niek Depoorter (gedelegeerd bestuurder)
Board composition, Dirk Lissens (director)
Auditor reappointment, Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA
Auditor representative, Rik Neckebroeck
Auditor representative, Dirk Vlaminckx

2014

29-10

State Gazette act Permanent representatives: Rik Neckebroeck and Dirk Vlaminckx

2 facts ▸

Permanent representative, Rik Neckebroeck
Permanent representative, Dirk Vlaminckx

16-06

State Gazette act Resignation: Etienne Cosyns (director)

Appointments: Michel Guiot (director) and Deloitte Bedrijfsrevisoren bcv (statutory auditor)10 facts ▸

General meeting, 24-03-2014
Director resignation, Etienne Cosyns (director)
Director appointment, Michel Guiot (director)
Board composition, Niek Depoorter (managing director)
Board composition, Luc Basstanie (director)
Board composition, Rudy Lefèvre (director)
Board composition, Michel Guiot (director)
Board meeting, 25-03-2014
Director appointment, Michel Guiot (chair)
Director appointment, Deloitte Bedrijfsrevisoren bcv (statutory auditor)

2013

25-04

State Gazette act Reappointments: Luc Basstanie, Rudy Lefèvre and Deloitte Bedrijfsrevisoren bcv

9 facts ▸

General meeting, 25-03-2013
Director reappointment, Luc Basstanie (director)
Director reappointment, Rudy Lefèvre (director)
Auditor reappointment, Deloitte Bedrijfsrevisoren bcv
Board composition, Niek Depoorter (managing director)
Board composition, Luc Basstanie (director)
Board composition, Rudy Lefèvre (director)
Board composition, Etienne Cosyns (director)
Board composition, Deloitte Bedrijfsrevisoren bcv (statutory auditor)

2011

09-05

State Gazette act Reappointment: Niek Depoorter (managing director)

7 facts ▸

General meeting, 28-03-2011
Director reappointment, Niek Depoorter (managing director)
Board composition, Niek Depoorter (managing director)
Board composition, Luc Basstanie (director)
Board composition, Rudy Lefèvre (director)
Board composition, Etienne Cosyns (director)
Board composition, Deloitte Bednijfsrevisoren bcv (statutory auditor)

2010

14-09

State Gazette act Resignation: Paul Hanegreefs (director)

Reappointment: Deloitte Bedrijfsrevisoren bcv (statutory auditor)8 facts ▸

General meeting, 22-03-2010
Director resignation, Paul Hanegreefs (director)
Auditor reappointment, Deloitte Bedrijfsrevisoren bcv
Board composition, Niek Depoorter (managing director)
Board composition, Luc Basstanie (director)
Board composition, Rudy Lefèvre (director)
Board composition, Etienne Cosyns (director)
Board composition, Deloitte Bedrijfsrevisoren bcv (statutory auditor)

2004

06-09

State Gazette act Reappointment: Deloitte & touche BV o.v.v.e. CVBA (statutory auditor)

2 facts ▸

General meeting, 22-03-2004
Auditor reappointment, Deloitte & touche BV o.v.v.e. CVBA

16-02

State Gazette act Capital & shares · Statutes amendment

Capital5 facts ▸

General meeting, 28-01-2004
Capital, €1.983.148,2
Statutes amendment
Statutes amendment
Statutes amendment

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

20 of 20 acts read

Directors · office · real estate

Directors

3 directors, no change since 2026

Board 3

Arvesta Belgium

Director · since 17-01-2024 · Private limited company · perm. rep.: Paul Deleu

Current

Smart MSquare

Director · since 17-01-2024 · Private limited company · perm. rep.: Emanuel Marreel

Current

People & Vision

Director · since 01-01-2026 · Private limited company · perm. rep.: Karin Van Roy

Current

2 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

DEPOORTER Niek Filip

Chair of the board and managing director

Not recently confirmed

Sabine De veilder

Director

Not recently confirmed

Day-to-day management 1

DEPOORTER Niek Filip

Chair of the board and managing director

Not recently confirmed

Permanent representatives 3

Emanuel Marreel

Permanent representative · since 17-01-2024 · for Smart MSquare

Current

Paul Deleu

Permanent representative · since 17-01-2024 · for Arvesta Belgium

Current

Karin Van Roy

Permanent representative · since 01-01-2026 · for People & Vision

Current

Statutory auditor 1

Ernst & Young Bedrijfsrevisoren BV

Auditor · since 19-05-2016

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Sint-Katelijne-Waver · 2 establishment units since 1978

seat establishment All 2 establishment units on the map

Ground area

1.8 ha

Building footprint

7,281 m²

Volume, LiDAR

25,141 m³

2 parcels, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Diksmuidsesteenweg 339, 8800 Roeselare

Raising of dairy cattle

since 19782.142.836.205

Drevendaal 9, 2860 Sint-Katelijne-Waver

Manufacture of fabricated metal products, except machinery and equipment

since 19932.014.415.826

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36504D0329/00K000	Flanders	9,504 m²	1 · 4,798 m²	11.0 m
12422D0262/00H000	Flanders	8,246 m²	1 · 2,483 m²	8.5 m · 3 fl.

Linked by address, not proof of ownership

Good to know

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2004, 6 in office

All 19 In office 6 Ended 13

Board
Day-to-day management
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
Arvesta Belgium	Director, from 17-01-2024 to date
Smart MSquare	Director, from 17-01-2024 to date
People & Vision	Director, from 01-01-2026 to date
Ernst & Young Bedrijfsrevisoren BV	Auditor, from 19-05-2016 to date
Sabine De veilder	Director, from 25-03-2019 to 23-03-2020 Director, already before 07-05-2020 not ended, last confirmed 07-05-2020
DEPOORTER Niek Filip	Chair of the board and managing director, already before 07-05-2020 not ended, last confirmed 07-05-2020 Chair of the board and managing director, already before 07-05-2020 not ended, last confirmed 07-05-2020
Arvesta Belgium BV	Director, until 23-03-2026
CONSELLA	Director, from 17-01-2024 to 31-12-2025
FRESA INVEST	Director, from 23-03-2020 to 17-01-2024
Lakelane	Director, from 23-03-2020 to 17-01-2024
Niek Depoorter	Managing director, already before 09-05-2011 ended, last mentioned 30-06-2017 Chair of the board, from 01-01-2018 ended, last mentioned 14-03-2018 Director, until 23-03-2020
Luc Basstanie	Director, already before 25-03-2013 to 25-03-2019
Dirk Lissens	Director, from 25-03-2015 to 31-01-2019
GUIOT Michel	Director, from 24-03-2014 to 15-12-2017 Chair, from 25-03-2014 ended, last mentioned 20-05-2015
Deloitte Bedrijfsrevisoren BV o.v.v.e. CVBA	Auditor, from 22-03-2010 to 19-05-2016
Rudy Lefèvre	Director, already before 25-03-2013 to 01-09-2014
Etienne Cosyns	Director, until 24-03-2014
Deloitte & touche BV o.v.v.e. CVBA	Auditor, from 22-03-2004 to 22-03-2010
Paul Hanegreefs	Director, until 22-03-2010

Show all 19 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

De aan- en verkoop, het opslaan, conditioneren en bewerken van land- en tuinbouwzaden, bloemzaden, zaaigranen, pootgoed, kruiden en alle mogelijke andere gewassen evenals…

Full purpose

De aan- en verkoop, het opslaan, conditioneren en bewerken van land- en tuinbouwzaden, bloemzaden, zaaigranen, pootgoed, kruiden en alle mogelijke andere gewassen evenals benodigdheden voor land- en tuinbouw. Het verhandelen van apparatuur, benodigdheden en verbruikstoffen ten gerieve van de land- en tuinbouw; het verrichten van studiewerk en research en het geven van advies inzake land- en tuinbouwprojecten; het leiden en/of uitvoeren van installatiewerken inzake automatisering van land- en tuinbouw, inzonderheid wat betreft bevloeiing, beregening en hydrocultuur. Deze handel wordt in de breedste zin verstaan en omvat groot- en kleinhandel, in-, door- en uitvoerhandel. De vennootschap mag al deze doeleinden nastreven in het binnenland, hetzij in het buitenland, zowel voor eigen rekening als voor rekening van derden, rechtstreeks of onrechtstreeks, bij wijze van deelneming in andere ondernemingen en in het algemeen, met alle handels-, nijverheids- of geldverrichtingen door de wet aan de vennootschap toegelaten. De vennootschap mag eveneens alle financiële bewerkingen, roerende en onroerende handelingen doen die tot haar versteviging kunnen bijdragen, alsook eigen vervoerdiensten inrichten.

according to the deed of 07-05-2020

Structure & network

Part of the group MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND 26 companies Group, risk and exposure

Owners and holdings

3 owners · 1 holding

Chain of control

MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND 100%
Arvesta 99.99%
HORTIPLAN

Highest known parent: MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND. The sources do not say who stands above it.

Owners 3

Arvestaparent

Sourceaccounts Arvesta 2025

99.99%+ 0.01% via subsidiaries
AVEVEparent

Sourceown accounts 2025

99.99%
COBELAL

Sourceown accounts 2025 accounts COBELAL 2025

0.01%

Holdings 1

Hortiplan AmericasUSsubsidiary

Sourceown accounts 2025
Equity USD 1.6mResult USD 0

100%

According to the 2025 annual accounts of HORTIPLAN and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 connected companies

Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

EMBUILD

Shared director

→

SweetCo

Shared corporate director

→

Capital and shareholders

Capital over the years

14-07-2025 Capital stated in the act · 10,734 EUR
07-05-2020 Capital stated in 2 acts · 1,983,148.20 EUR · 10,734 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 4 entries · 111,669 EUR awarded · 111,669 EUR paid

Year	Entries	awarded	paid
2025	2	-15,428 EUR	11,669 EUR
2023	1	0 EUR	50,000 EUR
2022	1	127,097 EUR	50,000 EUR

Schemes

Ontwikkelingsproject

4 entries · 111,669 EUR · 111,669 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

TRESCAL

BE 0414.459.224

Wommelgem · Eq €13.2m

Antwerpen · Eq €13.6m

KION Automated Solutions EMEA

BE 1006.059.254

Antwerpen · Eq €11.6m

EMZ WERKE MANDERFELD

BE 0405.852.651

Büllingen · Eq €11.4m

Of 1,226 companies in sector 33200 we hold annual accounts for 679. 79 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded16-12-1977

Fiscal year end31-12

Activities, NACEBEL 2025

33200Installation of industrial machinery and equipment

25210Manufacture of fabricated metal products, except machinery and equipment

43120Site preparation

43211General electrical installation work

62100Computer programming

71121Engineering and related technical consultancy, excluding land surveyors

81300Landscape service activities

E-invoicing

Reachable via Peppol

Peppol ID 0208:0417799289

Also 9925:BE0417799289

Registered 03-09-2025

Scores and ratios are computed by Checked and are not a credit decision.