ACTIVE

Electro-Mandel

Financial year 2025 · closed on 30/06/2025
Net result
-4,8 k €
+80.9% YoY
Gross margin
628,3 k €
-1.4% YoY
Equity
719,5 k €
-0.7% YoY
Workforce
8,5 ETP
-4.5% YoY

What does Electro-Mandel do?

Electro-Mandel is a Public limited company incorporated in 1966. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Roeselare. It employs on average 8,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.561.453
Incorporation
09/09/1966
Legal form
Public limited company
Registered office
Koning Albert I-laan 19
8800 Roeselare · FlandreSee on map
Contributed capital
97 250,00 €
Latest accounts
30/06/2025
Average workforce
8,5 ETP
Joint committees (5)
  • 149
  • 14901
  • 200
  • 20000
  • 218
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin628,3 k €637,5 k €616,1 k €617,1 k €569,4 k €430,9 k €491,3 k €442,8 k €373,8 k €403,8 k €336,4 k €288,1 k €390,3 k €406,7 k €299,2 k €234,6 k €224,5 k €168,1 k €168,8 k €
EBITDA113,9 k €78 k €61,3 k €74,7 k €123,7 k €58,5 k €92,1 k €89,6 k €92 k €121,8 k €38 k €11,9 k €124,8 k €170,5 k €101,2 k €47 k €40,1 k €23,3 k €49,4 k €
Operating result15 k €-5,3 k €10 k €-159,8 €42,2 k €-2,8 k €31,2 k €25,8 k €40 k €73,6 k €-22,9 k €-52,7 k €69,9 k €105,4 k €59,1 k €8,7 k €5,9 k €-4,7 k €23,8 k €
Net result-4,8 k €-25 k €8,3 k €-1 k €31,6 k €4,6 k €25,7 k €22,8 k €29,6 k €77,6 k €1,1 k €-39,8 k €55,2 k €78,1 k €52,4 k €16,7 k €14,1 k €19,5 k €34,6 k €
Balance sheet
Equity719,5 k €724,2 k €749,2 k €740,9 k €741,9 k €743,4 k €744,9 k €746,1 k €739,8 k €730,3 k €664,7 k €663,6 k €703,4 k €648,3 k €570,1 k €517,7 k €501 k €486,9 k €467,3 k €
Total assets2 M €2,1 M €1,5 M €1,4 M €1,5 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1,1 M €979,8 k €921,3 k €896,4 k €
Cash103,9 k €152,6 k €79,9 k €44,4 k €46,5 k €81,9 k €132,4 k €146,6 k €102,8 k €95,8 k €115,9 k €136,2 k €159,4 k €165,4 k €97,8 k €124,4 k €151,7 k €73,9 k €140,8 k €
Debts1,2 M €1,4 M €781,7 k €651,8 k €796,1 k €574,6 k €583,5 k €573 k €525,2 k €581,3 k €624,1 k €628,7 k €566,7 k €624,5 k €608,8 k €578,5 k €478,8 k €430,4 k €429 k €
Other
Workforce8,5 ETP8,9 ETP9,5 ETP10,0 ETP8,9 ETP7,3 ETP7,8 ETP7,7 ETP6,3 ETP5,6 ETP6,3 ETP5,9 ETP5,2 ETP5,0 ETP3,8 ETP3,8 ETP3,8 ETP3,3 ETP2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 19 ended

Active mandates

MELANIE BEERNAERT

Director · since 02 décembre 2019

Active
LERI

Director · since 11 juillet 2002 · 0478.012.436

Represented by Leenknecht Rik

Active
RIK LEENKNECHT

Managing director

Active

Ended mandates

LERI

Managing director · since 07 décembre 2020 · 0478.012.436

Represented by RIK LEENKNECHT

Ended
Liliane DUPREZ

Director · since 08 décembre 2003 · until 11 avril 2009

Ended
Dirk LEENKNECHT

Director · since 11 avril 2003 · until 11 avril 2009

Ended
Hendrik LEENKNECHT

Director · since 11 avril 2003 · until 11 avril 2009

Ended
At this address

Other companies at this address

CompanyCBE no.
LERIActive
0478.012.436
MANDELERIActive
0798.870.224
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date13/02/202631/01/202530/01/202431/01/202328/01/202229/01/2021
General meeting01/12/202530/12/202430/12/202305/12/202206/12/202107/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202501/12/202513/02/2026DutchPDF
Abridged model30/06/202430/12/202431/01/2025DutchPDF
Abridged model30/06/202330/12/202330/01/2024DutchPDF
Abridged model30/06/202205/12/202231/01/2023DutchPDF
Abridged model30/06/202106/12/202128/01/2022DutchPDF
Abridged model30/06/202007/12/202029/01/2021DutchPDF
Abridged model30/06/201902/12/201931/01/2020DutchPDF
Abridged model30/06/201803/12/201829/01/2019DutchPDF
Abridged model30/06/201704/12/201731/01/2018DutchPDF
Abridged model30/06/201605/12/201630/01/2017DutchPDF
Abridged model30/06/201507/12/201528/01/2016DutchPDF
Abridged model30/06/201401/12/201429/01/2015DutchPDF
Abridged model30/06/201302/12/201304/02/2014DutchPDF
Abridged model30/06/201203/12/201227/12/2012DutchPDF
Abridged model30/06/201105/12/201126/01/2012DutchPDF
Abridged model30/06/201006/12/201028/01/2011DutchPDF
Abridged model30/06/200901/12/200922/01/2010DutchPDF
Abridged model30/06/200801/12/200823/01/2009DutchPDF
Abridged model30/06/200704/12/200718/01/2008DutchPDF
Abridged model30/06/200604/12/200620/02/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 19 ended

Active mandates

MELANIE BEERNAERT

Director · since 02 décembre 2019

Active
LERI

Director · since 11 juillet 2002 · 0478.012.436

Represented by Leenknecht Rik

Active
RIK LEENKNECHT

Managing director

Active

Ended mandates

LERI

Managing director · since 07 décembre 2020 · 0478.012.436

Represented by RIK LEENKNECHT

Ended
Liliane DUPREZ

Director · since 08 décembre 2003 · until 11 avril 2009

Ended
Dirk LEENKNECHT

Director · since 11 avril 2003 · until 11 avril 2009

Ended
Hendrik LEENKNECHT

Director · since 11 avril 2003 · until 11 avril 2009

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025-4,8 k €
  2. 2024
    Annual accounts 2024-25 k €
  3. 2024
    Name changeMANDEL ELECTRO
  4. 2023
    Annual accounts 20238,3 k €
  5. 2022
    Annual accounts 2022-1 k €
  6. 2022
    Name changeELECTRO MANDEL
  7. 2021
    Annual accounts 202131,6 k €
  8. 2020
    Annual accounts 20204,6 k €
  9. 2019
    Annual accounts 201925,7 k €
  10. 2018
    Annual accounts 201822,8 k €
  11. 2017
    Annual accounts 201729,6 k €
  12. 2016
    Annual accounts 201677,6 k €
  13. 2015
    Annual accounts 20151,1 k €
  14. 2014
    Annual accounts 2014-39,8 k €
  15. 2013
    Annual accounts 201355,2 k €
  16. 2012
    Annual accounts 201278,1 k €
  17. 2011
    Annual accounts 201152,4 k €
  18. 2010
    Annual accounts 201016,7 k €
  19. 2009
    Annual accounts 200914,1 k €
  20. 2008
    Annual accounts 200819,5 k €
  21. 2007
    Annual accounts 200734,6 k €
  22. 09/09/1966
    IncorporationPublic limited company