ACTIVE

Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result100,6 k €-64,5 %over 1 year
Revenue24,8 M €-8,5 %over 1 year
Equity5,5 M €-32,4 %over 1 year
Workforce131,5 ETP-0,8 %over 1 year

Identity

Source · BCE/KBO

Algemene Electrische Ondernemingen Kamiel Verstraete en Zoon is a Public limited company incorporated in 1969. Its main activity is: Electrical installation. Its registered office is in Jabbeke. It employs on average 131,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0406.914.703
Incorporation
25/11/1969
Legal form
Public limited company
Registered office
Lettenburgstraat 4
8490 Jabbeke · FlandreSee on map
Contributed capital
1 110 986,22 €
Latest accounts
31/12/2025
Average workforce
131,5 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue24,8 M €27,1 M €25,7 M €23,8 M €24,2 M €
EBITDA2,3 M €2,4 M €1,9 M €1,8 M €1,6 M €
Operating result358,1 k €601,5 k €224,7 k €280,1 k €362,1 k €
Net result100,6 k €283,5 k €9,7 k €153,2 k €1,1 M €
Balance sheet
Equity5,5 M €8,2 M €7,9 M €7,9 M €7,7 M €
Total assets13,9 M €17,9 M €17,9 M €18,9 M €19,1 M €
Cash403,4 k €300,3 k €532,9 k €754,5 k €935,6 k €
Debts8,1 M €9,1 M €9,9 M €10,7 M €11,3 M €
Other
Workforce131,5 ETP132,6 ETP135,4 ETP139,8 ETP140,1 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 31/12/2025

3 active · 13 ended

Active mandates

COFINCO

Director · since 30 juin 2021 · until 05 juin 2027 · 0464.397.495

Represented by Michel Van Hecke

Active
IKASO

Director · since 30 juin 2021 · until 05 juin 2027 · 0448.969.844

Represented by Geert Verstraete

Active
SOFIE VERSTRAETE

Managing director · since 30 juin 2021 · until 05 juin 2027

Active

Ended mandates

COFINCO

Director · since 03 juin 2017 · until 03 juin 2023 · 0464.397.495

Represented by MICHEL VAN HECKE

Ended
COFINCO

Director · since 03 juin 2017 · until 05 juin 2027 · 0464.397.495

Represented by Michel Van Hecke

Ended
GEERT VERSTRAETE

Chairman of the board of directors · since 03 juin 2017 · until 30 juin 2021

Ended
GEERT VERSTRAETE

Chairman of the board of directors · since 03 juin 2017 · until 03 juin 2023

Ended

Other companies at this address

Lettenburgstraat 4 8490 Jabbeke
CompanyCBE no.
G. VERSTRAETE● Active
0438.102.874
VLSV● Active
0778.855.956

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202609/07/202503/07/202428/06/202306/07/202228/06/2021
General meeting27/06/202628/06/202529/06/202424/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 24 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/06/202629/06/2026DutchPDF
Full model31/12/202428/06/202509/07/2025DutchPDF
Full model31/12/202329/06/202403/07/2024DutchPDF
Full model31/12/202224/06/202328/06/2023DutchPDF
Full model31/12/202125/06/202206/07/2022DutchPDF
Full model31/12/202026/06/202128/06/2021DutchPDF
Full model31/12/201920/06/202030/06/2020DutchPDF
Full model31/12/201822/06/201904/07/2019DutchPDF
Full model31/12/201723/06/201810/07/2018DutchPDF
Full model31/12/201624/06/201712/07/2017DutchPDF
Full model31/12/201525/06/201608/07/2016DutchPDF
Full modelCorrection31/12/201406/06/201518/09/2015DutchPDF
Full model31/12/201406/06/201501/07/2015DutchPDF
Full model31/12/201307/06/201430/06/2014DutchPDF
Full model31/12/201201/06/201327/06/2013DutchPDF
Full model31/12/201102/06/201208/06/2012DutchPDF
Full model31/12/201004/06/201117/06/2011DutchPDF
Full model31/12/200905/06/201017/06/2010DutchPDF
Full model31/12/200806/06/200924/06/2009DutchPDF
Full modelCorrection31/12/200707/06/200815/07/2008DutchPDF
Full model31/12/200707/06/200823/06/2008DutchPDF
Consolidated accounts31/12/200707/06/200825/06/2008DutchPDF
Full model31/12/200602/06/200721/06/2007DutchPDF
Consolidated accounts31/12/200602/06/200726/06/2007DutchPDF

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 31/12/2025

3 active · 13 ended

Active mandates

COFINCO

Director · since 30 juin 2021 · until 05 juin 2027 · 0464.397.495

Represented by Michel Van Hecke

Active
IKASO

Director · since 30 juin 2021 · until 05 juin 2027 · 0448.969.844

Represented by Geert Verstraete

Active
SOFIE VERSTRAETE

Managing director · since 30 juin 2021 · until 05 juin 2027

Active

Ended mandates

COFINCO

Director · since 03 juin 2017 · until 03 juin 2023 · 0464.397.495

Represented by MICHEL VAN HECKE

Ended
COFINCO

Director · since 03 juin 2017 · until 05 juin 2027 · 0464.397.495

Represented by Michel Van Hecke

Ended
GEERT VERSTRAETE

Chairman of the board of directors · since 03 juin 2017 · until 30 juin 2021

Ended
GEERT VERSTRAETE

Chairman of the board of directors · since 03 juin 2017 · until 03 juin 2023

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring04/09/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/06/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates12/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/07/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN
    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 2025100,6 k €↓
  2. 2024
    Annual accounts 2024283,5 k €↑
  3. 2023
    Annual accounts 20239,7 k €↓
  4. 2022
    Annual accounts 2022153,2 k €↓
  5. 2021
    Annual accounts 20211,1 M €↑
  6. 2020
    Annual accounts 2020167,3 k €↑
  7. 2019
    Annual accounts 201930 k €↓
  8. 2018
    Annual accounts 201856,6 k €↑
  9. 2017
    Annual accounts 201728 k €↓
  10. 2016
    Annual accounts 2016116,9 k €↓
  11. 2015
    Annual accounts 2015137 k €↑
  12. 2014
    Annual accounts 201468 k €↓
  13. 2013
    Annual accounts 2013165,5 k €↑
  14. 2012
    Annual accounts 2012-241,4 k €↓
  15. 2011
    Annual accounts 2011200,8 k €↓
  16. 2010
    Annual accounts 2010407,8 k €↑
  17. 2009
    Annual accounts 2009-76 k €↑
  18. 2008
    Annual accounts 2008-849,3 k €↓
  19. 2007
    Annual accounts 2007-466,7 k €↓
  20. 2006
    Annual accounts 2006118,5 k €
  21. 25/11/1969
    IncorporationPublic limited company