Equity
€5.7m ▲ 9.5%
HVP LIGHTING has made a profit without a break since 2016.
HVP LIGHTING
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1992peak €1.9m (2023)
€1.2m▼ 9.3%
lowest -€315,310 (2015)
€616,423▼ 0.9%
peak €5.7m (2025)
€5.7m▲ 9.5%
€534,643▲ 21.9%
peak 8.5 FTE (2013)
5.7 FTE▲ 3.6%
Board4 names since 2007
2 directors and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Debts from €438,474 to €534,643Cash from €2.0m to €1.3m
Key points
from the 2025 annual accountsTurnover
≈ €5.1m estimated
The abbreviated format states no turnover.
Investments
€42,214 1.5 × depreciation
Green is investment, beige is depreciation.
Staff
5.7 FTE from 8.5 in 2013
Between 2013 and 2025, 33% of the full-time equivalents disappeared.
Filings
34 annual accounts since 1992
The 2024 accounts came 11 days late. The other nine of the last ten were filed on time.
Position in the sector
€5.7m
More equity than 95% of companies in wholesale trade. Sector median €493,293 · 10,732 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as HVP LIGHTING has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for HVP LIGHTING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director, , since 23-10-2023
- 50%equity €111,961 (2025) · 2025 annual accounts of
- 40%score equity €1.8m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446428147
Registered office moved from Deerlijk to Waregem
New registered office: Groenbek 21, 8790 Waregem · Previous registered office: Waregemstraat 200, 8540 Deerlijk · Permanent representative: · General meeting of 01-07-2024 · Gazette deed
2 directors appointed
Change of role: , from director to day-to-day manager · Appointments: (managing director) and · Permanent representatives: and · General meeting of 23-10-2023 · Gazette deed
Reappointments: (managing director) and (director)
General meeting of 30-04-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HVP LIGHTING Waregem | €6.3m | €1.2m | 91.5% | 5.7 |
| LOWYCK JEAN-PAUL Bruges | €4.0m | €1.3m | 80.7% | 5.1 |
| ELECTRO TECHNISCH CENTER Izegem | €4.4m | €1.0m | 29.8% | 8.1 |
| SANDERS & STASSEN Hasselt | €7.9m | €1.2m | 46.9% | 7 |
| G. SMET Beveren-Kruibeke-Zwijndrecht | €6.4m | €1.5m | 73.6% | 6.1 |
| G.S.V. Antwerp | €6.2m | €1.4m | 56.1% | 5.8 |
| FLOORPUL INTERNATIONAL Harelbeke | €6.7m | €1.4m | 66.0% | 9.5 |
These companies have the same main activity as HVP LIGHTING: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €4m and €7.9m, founded between 1985 and 1996.
Official details
Source: KBO- Status
- Active since 24-01-1992Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipmentNACE 46431and 1 other
- Establishment unit
- 2.056.451.0728790 Waregem, since 04-03-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €6.3m▲ 10.4%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on HVP LIGHTING
HVP LIGHTING files the abbreviated format. That format states no turnover. The gross margin rose from €616,382 in 2007 to €1.2m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HVP LIGHTING
- What is the company number of HVP LIGHTING?
- The company number of HVP LIGHTING is 0446.428.147. The VAT number is the same number with BE in front: BE 0446.428.147.
- Where is HVP LIGHTING based?
- The registered office is at Groenbek 21, 8790 Waregem.Company details
- What does HVP LIGHTING do?
- According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
- What is the legal form of HVP LIGHTING?
- HVP LIGHTING is a public limited company (NV).
- When was HVP LIGHTING founded?
- HVP LIGHTING was founded on 24-01-1992.
- Is HVP LIGHTING still active?
- Yes, HVP LIGHTING is an active enterprise in the KBO register.
- How many employees does HVP LIGHTING have?
- HVP LIGHTING had an average of 5.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HVP LIGHTING?
- The turnover in financial year 2025 is ≈ €5.1m. This figure is estimated from the gross margin of €1.2m and 98 comparable companies (NACE 46). It probably lies between €3.1m and €8.6m.
- Is HVP LIGHTING profitable?
- In financial year 2025, HVP LIGHTING made a profit of €616,423.
- Where can I find the annual accounts of HVP LIGHTING?
- HVP LIGHTING filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HVP LIGHTING due?
- HVP LIGHTING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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