ACTIVE

ELECTRO - BERTELS

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Financial year 2025 · closed on 31/12/2025

Net result

5,8 k €

-97.4% YoY

Gross margin

785,7 k €

-33.2% YoY

Equity

1,5 M €

+0.4% YoY

Workforce

10,9 ETP

-9.2% YoY

What does ELECTRO - BERTELS do?

ELECTRO - BERTELS is a Private limited company incorporated in 1979. Its registered office is in Balen. It employs on average 10,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.944.474

Incorporation

27/11/1979

Legal form

Private limited company

Registered office

Benoit Jansenstraat 4
2490 Balen · FlandreSee on map

Contributed capital

61 560,00 €

Latest accounts

31/12/2025

Average workforce

10,9 ETP

Joint committees (5)

149
14901
200
201
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	785,7 k €	-33.2%	1,2 M €	+11.8%	1,1 M €	+11.7%	942,3 k €	-9.4%	1 M €	+1.2%	1 M €	-6.0%	1,1 M €	+7.1%	1 M €	+0.3%	1 M €	+6.8%	952,8 k €	-1.7%	969,5 k €	+16.9%	829,4 k €	-3.0%	854,6 k €	-16.7%	1 M €	+44.2%	711,7 k €	-7.0%	765,2 k €	-0.0%	765,3 k €	+5.9%	722,4 k €	-4.6%	757,5 k €	+3.3%	733,5 k €
EBITDA	59,6 k €	-83.8%	368 k €	+75.6%	209,6 k €	+22.9%	170,5 k €	-53.7%	368,6 k €	+49.5%	246,5 k €	-0.6%	248 k €	+27.4%	194,7 k €	-10.8%	218,4 k €	+1.0%	216,1 k €	+30.5%	165,6 k €	-10.9%	185,8 k €	-24.5%	246,1 k €	-30.4%	353,7 k €	+90.8%	185,3 k €	+3.7%	178,7 k €	-2.8%	183,7 k €	-1.1%	185,7 k €	+33.7%	138,9 k €	+14.2%	121,6 k €
Operating result	17,8 k €	-94.6%	329 k €	+90.6%	172,6 k €	+40.1%	123,2 k €	-62.1%	324,8 k €	+61.2%	201,6 k €	+2.7%	196,3 k €	+36.5%	143,8 k €	-18.2%	176 k €	-0.0%	176 k €	+30.5%	134,9 k €	-10.4%	150,6 k €	-27.3%	207,3 k €	-32.4%	306,7 k €	+135%	130,3 k €	+10.1%	118,3 k €	-16.5%	141,6 k €	-2.4%	145,2 k €	+41.0%	103 k €	+16.6%	88,3 k €
Net result	5,8 k €	-97.4%	221,5 k €	+100%	110,5 k €	+46.0%	75,7 k €	-65.7%	220,4 k €	+63.5%	134,8 k €	+20.3%	112 k €	-4.1%	116,8 k €	-11.2%	131,5 k €	+2.0%	128,9 k €	+208%	41,9 k €	-53.8%	90,6 k €	-51.2%	185,8 k €	-33.4%	278,7 k €	+178%	100,1 k €	+8.4%	92,4 k €	-5.9%	98,2 k €	-10.2%	109,3 k €	+38.1%	79,1 k €	+23.7%	64 k €
Balance sheet
Equity	1,5 M €	+0.4%	1,5 M €	+17.9%	1,2 M €	+9.8%	1,1 M €	-3.9%	1,2 M €	-11.0%	1,3 M €	+11.4%	1,2 M €	+10.5%	1,1 M €	+12.2%	954,9 k €	-53.2%	2 M €	+6.8%	1,9 M €	+2.2%	1,9 M €	+5.1%	1,8 M €	-4.5%	1,9 M €	+17.6%	1,6 M €	+6.8%	1,5 M €	+6.6%	1,4 M €	+7.6%	1,3 M €	+9.5%	1,2 M €	+7.2%	1,1 M €
Total assets	1,9 M €	-22.6%	2,5 M €	+35.0%	1,8 M €	-2.2%	1,9 M €	-11.1%	2,1 M €	+24.4%	1,7 M €	+7.9%	1,6 M €	+17.2%	1,3 M €	-44.5%	2,4 M €	+5.8%	2,3 M €	+8.9%	2,1 M €	+3.8%	2 M €	+1.2%	2 M €	+0.2%	2 M €	+8.9%	1,8 M €	+10.9%	1,6 M €	+9.0%	1,5 M €	+5.3%	1,4 M €	+7.8%	1,3 M €	+2.9%	1,3 M €
Cash	156,9 k €	+30.4%	120,3 k €	-46.2%	223,5 k €	-26.0%	302,3 k €	-42.7%	527,2 k €	-4.2%	550,5 k €	+0.9%	545,4 k €	+105%	266,1 k €	-15.0%	313 k €	+20.5%	259,8 k €	-0.0%	259,9 k €	-39.3%	427,9 k €	-47.9%	821,2 k €	+6.4%	771,6 k €	+503%	127,9 k €	-7.1%	137,6 k €	+11.2%	123,7 k €	-47.7%	236,8 k €	+118%	108,4 k €	-36.2%	169,9 k €
Debts	441,9 k €	-56.0%	1 M €	+71.1%	586,6 k €	-20.5%	738,3 k €	-20.1%	924,1 k €	+151%	367,8 k €	-2.9%	378,9 k €	+45.0%	261,3 k €	-81.6%	1,4 M €	+513%	232 k €	+32.7%	174,9 k €	+25.2%	139,7 k €	-32.4%	206,8 k €	+74.8%	118,3 k €	-49.9%	236 k €	+49.3%	158,1 k €	+39.7%	113,2 k €	-16.0%	134,7 k €	-3.4%	139,5 k €	-26.5%	189,6 k €
Other
Workforce	10,9 ETP	-9.2%	12,0 ETP	-5.5%	12,7 ETP	-3.8%	13,2 ETP	+3.9%	12,7 ETP	-21.1%	16,1 ETP	+1.3%	15,9 ETP	-3.6%	16,5 ETP	+1.9%	16,2 ETP	+11.7%	14,5 ETP	0.0%	14,5 ETP	+12.4%	12,9 ETP	-2.3%	13,2 ETP	-10.2%	14,7 ETP	+15.7%	12,7 ETP	0.0%	12,7 ETP	0.0%	12,7 ETP	+5.8%	12,0 ETP	-14.3%	14,0 ETP	-12.5%	16,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Active

August BERTELS

Manager

Active

Ended mandates

BERT BERTELS

Director · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

August Bertels

Director

Ended

At this address

Other companies at this address

Company	CBE no.
BERT BERTELS● Active	0845.703.408
CLAESEN● Active	0413.993.228

Annual accounts

Full financial information

	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	01/01/2023	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	29/06/2026	03/07/2025	11/06/2024	03/07/2023	30/05/2022	11/05/2021
General meeting	11/05/2026	12/05/2025	13/05/2024	08/05/2023	09/05/2022	10/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	11/05/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	12/05/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	13/05/2024	11/06/2024	Dutch	PDF
Abridged model	31/12/2022	08/05/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	09/05/2022	30/05/2022	Dutch	PDF
Abridged model	31/12/2020	10/05/2021	11/05/2021	Dutch	PDF
Abridged model	31/12/2019	11/05/2020	18/06/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	14/05/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	09/05/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	11/05/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/05/2014	11/06/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	14/05/2012	14/05/2012	Dutch	PDF
Abridged model	31/12/2010	09/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	11/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	11/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	20/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Active

August BERTELS

Manager

Active

Ended mandates

BERT BERTELS

Director · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

BERT BERTELS

Manager · since 21 mai 2012 · 0845.703.408

Represented by Bert Bertels

Ended

August Bertels

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/01/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates03/01/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates14/02/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2008
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

2025
Annual accounts 20255,8 k €↓
2024
Annual accounts 2024221,5 k €↑
2023
Annual accounts 2023110,5 k €↑
2022
Annual accounts 202275,7 k €↓
2021
Annual accounts 2021220,4 k €↑
2021
Name changeBERTELS-ELECTRO
2020
Annual accounts 2020134,8 k €↑
2019
Annual accounts 2019112 k €↓
2018
Annual accounts 2018116,8 k €↓
2017
Annual accounts 2017131,5 k €↑
2016
Annual accounts 2016128,9 k €↑
2015
Annual accounts 201541,9 k €↓
2014
Annual accounts 201490,6 k €↓
2013
Annual accounts 2013185,8 k €↓
2012
Annual accounts 2012278,7 k €↑
2011
Annual accounts 2011100,1 k €↑
2010
Annual accounts 201092,4 k €↓
2009
Annual accounts 200998,2 k €↓
2008
Annual accounts 2008109,3 k €↑
2007
Annual accounts 200779,1 k €↑
2006
Annual accounts 200664 k €
2006
Name changeELECTRO - BERTELS
27/11/1979
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ELECTRO - BERTELS

Overview

What does ELECTRO - BERTELS do?

Trend over 20 financial years

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