ACTIVE

Elcoval Bouw- en Elektriciteitsbedrijf - Société de Construction et d’Electricité

Financial year 2025 · Closed on 31/12/2025

Net result356,9 k €+6,0 %over 1 year

Gross margin1 M €+2,4 %over 1 year

Equity2,8 M €+14,5 %over 1 year

Identity

Source · BCE/KBO

Elcoval Bouw- en Elektriciteitsbedrijf - Société de Construction et d’Electricité is a Private limited company incorporated in 1968. Its main activity is: Construction of buildings. Its registered office is in Riemst.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0405.870.170
Incorporation: 01/01/1968
Legal form: Private limited company
Registered office: Verbindingsweg 23
3770 Riemst · FlandreSee on map
Contributed capital: 90 264,63 €
Latest accounts: 31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45211Maintenance and repair of motor vehicles 45215Maintenance and repair of motor vehicles+6

Joint committees (4)

124
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1 M €	+2.4%	1 M €	+10.3%	907,3 k €	+13.1%	802,1 k €	-12.4%	915,3 k €
EBITDA	587,3 k €	+7.8%	545 k €	+33.0%	409,9 k €	-8.7%	449,1 k €	-12.6%	513,6 k €
Operating result	445,1 k €	+6.6%	417,6 k €	+29.6%	322,3 k €	-15.9%	383,1 k €	-4.6%	401,4 k €
Net result	356,9 k €	+6.0%	336,6 k €	+35.8%	247,8 k €	-20.1%	310,3 k €	-9.4%	342,5 k €
Balance sheet
Equity	2,8 M €	+14.5%	2,5 M €	+5.9%	2,3 M €	-11.4%	2,6 M €	+7.0%	2,4 M €
Total assets	2,9 M €	+1.9%	2,9 M €	+9.6%	2,6 M €	-8.1%	2,9 M €	+0.5%	2,9 M €
Cash	1,1 M €	+258%	305,9 k €	-31.6%	447,5 k €	-77.5%	2 M €	+10.1%	1,8 M €
Debts	103,8 k €	-74.2%	401,6 k €	+39.4%	288 k €	+41.7%	203,3 k €	-36.1%	317,9 k €
Other
Workforce	–		10,8 ETP	+0.9%	10,7 ETP	+10.3%	9,7 ETP	-6.7%	10,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
Valentijn Verbiest	DirectorManagerended

Other companies at this address

Verbindingsweg 23 3770 Riemst

Company	CBE no.
VLH Service● Active	1031.152.164

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/05/2026	31/07/2025	12/08/2024	01/09/2023	29/07/2022	30/08/2021
General meeting	19/05/2026	17/05/2025	18/05/2024	20/05/2023	21/05/2022	15/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/05/2026	31/05/2026	Dutch	PDF
Abridged model	31/12/2024	17/05/2025	31/07/2025	Dutch	PDF
Abridged model	31/12/2023	18/05/2024	12/08/2024	Dutch	PDF
Abridged model	31/12/2022	20/05/2023	01/09/2023	Dutch	PDF
Abridged model	31/12/2021	21/05/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	24/08/2020	Dutch	PDF
Abridged model	31/12/2018	18/05/2019	26/08/2019	Dutch	PDF
Abridged model	31/12/2017	19/05/2018	09/08/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/05/2016	23/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	17/05/2014	14/08/2014	Dutch	PDF
Abridged model	31/12/2012	18/05/2013	30/07/2013	Dutch	PDF
Abridged model	31/12/2011	19/05/2012	10/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/05/2011	07/07/2011	Dutch	PDF
Abridged model	31/12/2009	15/05/2010	20/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	29/07/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	25/07/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	27/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
Valentijn Verbiest	DirectorManagerended

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/06/2026
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares24/06/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

19681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Elcoval

Verbindingsweg 23, 3770 Riemst

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Verbindingsweg 23, 3770 RiemstCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00127828

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Elcoval Bouw- en Elektriciteitsbedrijf - Société de Construction et d’ElectricitéCurrent		CBE
Elcoval	accounts 2021 → 2025	Accounts 2025 · 2026-00127828

Events

2025
Annual accounts 2025356,9 k €↑
2024
Annual accounts 2024336,6 k €↑
2023
Annual accounts 2023247,8 k €↓
2022
Annual accounts 2022310,3 k €↓
2021
Annual accounts 2021342,5 k €↓
2020
Annual accounts 2020351,1 k €↑
2019
Annual accounts 2019193,4 k €↓
2018
Annual accounts 2018220,3 k €↑
2017
Annual accounts 2017119,7 k €↑
2016
Annual accounts 201693,7 k €↓
2015
Annual accounts 2015224,3 k €↑
2014
Annual accounts 2014163,2 k €↓
2013
Annual accounts 2013303,9 k €↑
2012
Annual accounts 2012207,4 k €↑
2011
Annual accounts 2011105,4 k €↓
2010
Annual accounts 2010114,6 k €↓
2009
Annual accounts 2009172,3 k €↑
2008
Annual accounts 2008118,2 k €↑
2007
Annual accounts 200736,3 k €↓
2006
Annual accounts 200636,8 k €
01/01/1968
IncorporationPrivate limited company

Elcoval Bouw- en Elektriciteitsbedrijf - Société de Construction et d’Electricité

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events