ACTIVE

Belgian German Electronic Corporation

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Financial year 2025 · Closed on 30/06/2025

Net result788,1 k €-9,5 %over 1 year
Revenue18,3 M €+2,0 %over 1 year
Equity13,6 M €+5,7 %over 1 year
Workforce23,7 ETP+2,6 %over 1 year

Identity

Source · BCE/KBO

Belgian German Electronic Corporation is a Public limited company incorporated in 1961. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Dilbeek. It employs on average 23,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.103.393
Incorporation
01/01/1961
Legal form
Public limited company
Registered office
't Hofveld 2C
1702 Dilbeek · FlandreSee on map
Contributed capital
4 430 368,42 €
Latest accounts
30/06/2025
Average workforce
23,7 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue18,3 M €18 M €20 M €16,5 M €8,6 M €
EBITDA1,5 M €1,6 M €2,3 M €1,7 M €245,1 k €
Operating result1,3 M €1,5 M €2,3 M €1,6 M €117 k €
Net result788,1 k €870,7 k €1,4 M €1,1 M €11,1 k €
Balance sheet
Equity13,6 M €12,8 M €12 M €10,5 M €9,5 M €
Total assets18,2 M €17,5 M €17,9 M €16,6 M €14,3 M €
Cash1,5 M €1,6 M €1,2 M €831,4 k €1,7 M €
Debts4,4 M €4,5 M €5,8 M €6 M €4,8 M €
Other
Workforce23,7 ETP23,1 ETP22,1 ETP22,1 ETP22,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 24 ended

Active mandates

HOLDING DE BAUW

Afgevaardigd Bestuurder · since 05 décembre 2022 · until 23 novembre 2027 · 0816.922.716

Represented by Luc De Bauw

Active
Marc De Bauw

Director · since 05 décembre 2022 · until 23 novembre 2027

Active
Pierre Denjean

Director · since 05 décembre 2022 · until 23 novembre 2027

Active

Ended mandates

GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES

Commissaris · since 05 décembre 2022 · until 25 novembre 2025 · 0439.814.826

Represented by Nicolas Dumonceau

Ended
Pierre Denjean

Director · since 28 juin 2017 · until 22 novembre 2022

Ended
Pierre DENJEAN

bestuurder · since 28 juin 2017 · until 05 décembre 2022

Ended
HOLDING DE BAUW

Director · since 25 novembre 2014 · until 26 novembre 2019 · 0816.922.716

Represented by Luc De Bauw

Ended

Other companies at this address

't Hofveld 2C 1702 Dilbeek
CompanyCBE no.
EENHEID BEGLEC● Active
0674.708.937
HOLDING DE BAUW● Active
0816.922.716

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date17/12/202518/12/202413/12/202322/12/202204/01/202220/01/2021
General meeting01/12/202526/11/202427/11/202305/12/202208/12/202114/01/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/06/202501/12/202517/12/2025DutchPDF
Full model30/06/202426/11/202418/12/2024DutchPDF
Full model30/06/202327/11/202313/12/2023DutchPDF
Full model30/06/202205/12/202222/12/2022DutchPDF
Full model30/06/202108/12/202104/01/2022DutchPDF
Full model30/06/202014/01/202120/01/2021DutchPDF
Full model30/06/201909/12/201911/12/2019DutchPDF
Full model30/06/201827/11/201820/12/2018DutchPDF
Full model30/06/201728/11/201728/12/2017DutchPDF
Full model30/06/201622/11/201608/12/2016DutchPDF
Full model30/06/201524/11/201521/12/2015DutchPDF
Full model30/06/201425/11/201411/12/2014DutchPDF
Full model30/06/201326/11/201305/12/2013DutchPDF
Full model30/06/201227/11/201228/11/2012DutchPDF
Full model30/06/201122/11/201109/12/2011DutchPDF
Full model30/06/201023/11/201015/12/2010DutchPDF
Full model30/06/200924/11/200911/12/2009DutchPDF
Full model30/06/200825/11/200816/12/2008DutchPDF
Full model30/06/200727/11/200727/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 24 ended

Active mandates

HOLDING DE BAUW

Afgevaardigd Bestuurder · since 05 décembre 2022 · until 23 novembre 2027 · 0816.922.716

Represented by Luc De Bauw

Active
Marc De Bauw

Director · since 05 décembre 2022 · until 23 novembre 2027

Active
Pierre Denjean

Director · since 05 décembre 2022 · until 23 novembre 2027

Active

Ended mandates

GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES

Commissaris · since 05 décembre 2022 · until 25 novembre 2025 · 0439.814.826

Represented by Nicolas Dumonceau

Ended
Pierre Denjean

Director · since 28 juin 2017 · until 22 novembre 2022

Ended
Pierre DENJEAN

bestuurder · since 28 juin 2017 · until 05 décembre 2022

Ended
HOLDING DE BAUW

Director · since 25 novembre 2014 · until 26 novembre 2019 · 0816.922.716

Represented by Luc De Bauw

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates30/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares25/07/2017
    KAPITAAL - AANDELEN
    PDF
  • Court decision13/06/2017
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
    PDF
  • Restructuring06/04/2017
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025788,1 k €↓
  2. 2024
    Annual accounts 2024870,7 k €↓
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 20221,1 M €↑
  5. 2021
    Annual accounts 202111,1 k €↑
  6. 2020
    Annual accounts 2020-2,5 M €↓
  7. 2019
    Annual accounts 201958,5 k €↑
  8. 2018
    Annual accounts 201810,2 k €↓
  9. 2016
    Annual accounts 2016561,3 k €↓
  10. 2015
    Annual accounts 2015609,2 k €↓
  11. 2014
    Annual accounts 2014885,6 k €↓
  12. 2013
    Annual accounts 2013906,4 k €↓
  13. 2012
    Annual accounts 20121,6 M €↑
  14. 2011
    Annual accounts 20111,4 M €↓
  15. 2010
    Annual accounts 20101,9 M €↑
  16. 2009
    Annual accounts 2009797,8 k €↓
  17. 2007
    Annual accounts 20072,2 M €
  18. 01/01/1961
    IncorporationPublic limited company