ACTIVE

ALGEMENE ELEKTRICITEIT DE MULDER

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Financial year 2025 · Closed on 31/12/2025

Net result445,2 k €+54,8 %over 1 year

Gross margin2,9 M €+11,3 %over 1 year

Equity3,5 M €+14,5 %over 1 year

Workforce28,9 ETP+1,0 %over 1 year

Identity

Source · BCE/KBO

ALGEMENE ELEKTRICITEIT DE MULDER is a Public limited company incorporated in 1973. Its registered office is in Gavere. It employs on average 28,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0412.830.218
Incorporation: 02/01/1973
Legal form: Public limited company
Registered office: Leenstraat 61
9890 Gavere · FlandreSee on map
Contributed capital: 223 104,00 €
Latest accounts: 31/12/2025
Average workforce: 28,9 ETP

Joint committees (4)

14901
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,9 M €	+11.3%	2,6 M €	-20.8%	3,3 M €	+58.1%	2,1 M €	-5.1%	2,2 M €
EBITDA	817,8 k €	+31.5%	622 k €	-6.4%	664,2 k €	+112%	313,4 k €	-26.8%	428 k €
Operating result	649,9 k €	+37.7%	472 k €	+3.1%	457,9 k €	+123%	205,6 k €	-33.0%	306,7 k €
Net result	445,2 k €	+54.8%	287,7 k €	-11.3%	324,3 k €	+127%	142,8 k €	-35.2%	220,2 k €
Balance sheet
Equity	3,5 M €	+14.5%	3,1 M €	+5.2%	2,9 M €	+5.9%	2,8 M €	+5.5%	2,6 M €
Total assets	5,1 M €	+7.2%	4,7 M €	-6.9%	5,1 M €	+32.2%	3,8 M €	+13.2%	3,4 M €
Cash	295,3 k €	-63.0%	799 k €	-32.2%	1,2 M €	+83.8%	641,1 k €	-25.8%	864,3 k €
Debts	1,5 M €	-7.7%	1,7 M €	-23.4%	2,2 M €	+99.5%	1,1 M €	+39.3%	775,9 k €
Other
Workforce	28,9 ETP	+1.0%	28,6 ETP	-2.7%	29,4 ETP	-3.9%	30,6 ETP	-0.6%	30,8 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

5 active · 14 ended

Active mandates

Wim Van Bellingen

Director · since 01 juillet 2024 · until 01 juillet 2030

Active

Pascal Achiel De Mulder

Director · since 25 mai 2023 · until 25 mai 2029

Active

Christian Corijn

Director · since 21 décembre 2022 · until 31 mai 2026

Active

René Schepens

Director · since 21 décembre 2022 · until 21 décembre 2028

Active

Filip De Bruyne

Director · until 01 juin 2032

Active

Ended mandates

Pascal De Mulder

Director · since 25 mai 2023 · until 25 mai 2029

Ended

Christian Corijn

Director · since 21 décembre 2022 · until 26 mai 2028

Ended

Christian Corijn

Director · since 21 décembre 2022

Ended

René Schepens

Director · since 21 décembre 2022 · until 26 mai 2028

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/08/2022	01/08/2021	01/08/2020	01/08/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/07/2022	31/07/2021	31/07/2020
Length of the financial year	12 months	12 months	17 months	12 months	12 months	12 months
Filing date	09/06/2026	04/06/2025	04/06/2024	14/02/2023	04/01/2022	04/01/2021
General meeting	29/05/2026	30/05/2025	31/05/2024	23/01/2023	03/01/2022	03/01/2021
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
Abridged model	31/12/2025	29/05/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	04/06/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	04/06/2024	Dutch	PDF
Abridged model	31/07/2022	23/01/2023	14/02/2023	Dutch	PDF
Abridged model	31/07/2021	03/01/2022	04/01/2022	Dutch	PDF
Abridged model	31/07/2020	03/01/2021	04/01/2021	Dutch	PDF
Abridged model	31/07/2019	03/01/2020	23/01/2020	Dutch	PDF
Abridged model	31/07/2018	03/01/2019	15/01/2019	Dutch	PDF
Abridged model	31/07/2017	03/01/2018	08/01/2018	Dutch	PDF
Abridged model	31/07/2016	03/01/2017	09/01/2017	Dutch	PDF
Abridged model	31/07/2015	09/11/2015	17/11/2015	Dutch	PDF
Abridged model	31/07/2014	03/01/2015	02/02/2015	Dutch	PDF
Abridged model	31/07/2013	03/01/2014	24/01/2014	Dutch	PDF
Abridged model	31/07/2012	03/01/2013	28/01/2013	Dutch	PDF
Abridged model	31/07/2011	03/01/2012	31/01/2012	Dutch	PDF
Abridged model	31/07/2010	03/01/2011	26/05/2011	Dutch	PDF
Abridged model	31/07/2009	04/01/2010	26/01/2010	Dutch	PDF
Abridged model	31/07/2008	03/01/2009	13/02/2009	Dutch	PDF
Abridged model	31/07/2007	03/01/2008	09/01/2008	Dutch	PDF
Abridged model	31/07/2006	03/01/2007	30/01/2007	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

5 active · 14 ended

Active mandates

Wim Van Bellingen

Director · since 01 juillet 2024 · until 01 juillet 2030

Active

Pascal Achiel De Mulder

Director · since 25 mai 2023 · until 25 mai 2029

Active

Christian Corijn

Director · since 21 décembre 2022 · until 31 mai 2026

Active

René Schepens

Director · since 21 décembre 2022 · until 21 décembre 2028

Active

Filip De Bruyne

Director · until 01 juin 2032

Active

Ended mandates

Pascal De Mulder

Director · since 25 mai 2023 · until 25 mai 2029

Ended

Christian Corijn

Director · since 21 décembre 2022 · until 26 mai 2028

Ended

Christian Corijn

Director · since 21 décembre 2022

Ended

René Schepens

Director · since 21 décembre 2022 · until 26 mai 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2023
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates21/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares08/09/2003
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

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

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Timeline

2025
Annual accounts 2025445,2 k €↑
2024
Annual accounts 2024287,7 k €↓
2023
Annual accounts 2023324,3 k €↑
2022
Annual accounts 2022142,8 k €↓
2021
Annual accounts 2021220,2 k €↑
2019
Annual accounts 201959,2 k €↓
2018
Annual accounts 201862,7 k €↓
2017
Annual accounts 2017340,7 k €↑
2016
Annual accounts 2016187,3 k €↓
2015
Annual accounts 2015430,5 k €↑
2014
Annual accounts 201485 k €↑
2013
Annual accounts 2013-27,8 k €↓
2012
Annual accounts 2012-10,8 k €↓
2011
Annual accounts 2011156 k €↓
2010
Annual accounts 2010279,6 k €↑
2009
Annual accounts 2009177,4 k €↓
2008
Annual accounts 2008196,8 k €↓
2007
Annual accounts 2007202,6 k €
02/01/1973
IncorporationPublic limited company

ALGEMENE ELEKTRICITEIT DE MULDER

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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