ACTIVE

MERELEC – ELEKTRICITEITSWERKEN

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Financial year 2025 · Closed on 31/12/2025

Net result-19,9 k €-238,5 %over 1 year
Gross margin-21,8 k €-213,1 %over 1 year
Equity203 k €-14,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MERELEC – ELEKTRICITEITSWERKEN is a Private limited company incorporated in 1981. Its main activity is: Electrical installation. Its registered office is in Ninove.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0421.714.626
Incorporation
29/06/1981
Legal form
Private limited company
Registered office
Geraardsbergsesteenweg(Voo) 631
9400 Ninove · FlandreSee on map
Contributed capital
44 700,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-21,8 k €19,3 k €32,4 k €-3,3 k €108,1 k €
EBITDA-23,5 k €17,3 k €32,2 k €-10,6 k €8,2 k €
Operating result-24,8 k €16,2 k €30,4 k €-12,9 k €5,8 k €
Net result-19,9 k €14,4 k €24,7 k €-13,1 k €5,2 k €
Balance sheet
Equity203 k €236,6 k €222,2 k €197,5 k €210,6 k €
Total assets245,8 k €279,7 k €278,6 k €275,8 k €271,7 k €
Cash17,7 k €36,7 k €14,7 k €130,6 k €91,7 k €
Debts42,8 k €43,1 k €56,4 k €78,3 k €61,1 k €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

ALBERT DE MEERLEER KURT

Director

Active

Ended mandates

ALBERT DE MEERLEER KURT

Director · since 01 janvier 2022

Ended
Frida Bogaert

Director

Ended
Frida Bogaert

Manager

Ended
KURT ALBERT DE MEERLEER

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro 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 date17/06/202624/07/202531/07/202412/07/202331/08/202211/08/2021
General meeting15/06/202630/06/202517/06/202421/06/202320/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202617/06/2026DutchPDF
Micro model31/12/202430/06/202524/07/2025DutchPDF
Micro model31/12/202317/06/202431/07/2024DutchPDF
Micro model31/12/202221/06/202312/07/2023DutchPDF
Micro model31/12/202120/06/202231/08/2022DutchPDF
Micro model31/12/202030/06/202111/08/2021DutchPDF
Micro model31/12/201930/06/202029/10/2020DutchPDF
Micro model31/12/201817/06/201918/06/2019DutchPDF
Micro model31/12/201718/06/201809/07/2018DutchPDF
Abridged model31/12/201619/06/201720/06/2017DutchPDF
Abridged model31/12/201520/06/201621/06/2016DutchPDF
Abridged model31/12/201415/06/201519/06/2015DutchPDF
Abridged model31/12/201316/06/201417/06/2014DutchPDF
Abridged model31/12/201217/06/201304/07/2013DutchPDF
Abridged model31/12/201118/06/201212/07/2012DutchPDF
Abridged model31/12/201030/06/201126/07/2011DutchPDF
Abridged model31/12/200921/06/201023/07/2010DutchPDF
Abridged model31/12/200830/06/200930/07/2009DutchPDF
Abridged model31/12/200716/06/200823/06/2008DutchPDF
Abridged model31/12/200601/06/200708/06/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

ALBERT DE MEERLEER KURT

Director

Active

Ended mandates

ALBERT DE MEERLEER KURT

Director · since 01 janvier 2022

Ended
Frida Bogaert

Director

Ended
Frida Bogaert

Manager

Ended
KURT ALBERT DE MEERLEER

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/06/2022
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/07/2007
    KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - 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

  1. 2025
    Annual accounts 2025-19,9 k €↓
  2. 2024
    Annual accounts 202414,4 k €↓
  3. 2023
    Annual accounts 202324,7 k €↑
  4. 2022
    Annual accounts 2022-13,1 k €↓
  5. 2021
    Annual accounts 20215,2 k €↓
  6. 2021
    Name changeMerelec BV
  7. 2020
    Annual accounts 20208,5 k €↑
  8. 2019
    Annual accounts 2019-45,4 k €↓
  9. 2018
    Annual accounts 2018-11,8 k €↓
  10. 2017
    Annual accounts 2017-2,1 k €↓
  11. 2016
    Annual accounts 2016763,4 €↓
  12. 2015
    Annual accounts 201520,5 k €↑
  13. 2014
    Annual accounts 20147,7 k €↑
  14. 2013
    Annual accounts 2013-24,6 k €↓
  15. 2012
    Annual accounts 2012-10,8 k €↓
  16. 2011
    Annual accounts 2011252 €↓
  17. 2010
    Annual accounts 20108 k €↓
  18. 2009
    Annual accounts 200920,9 k €↑
  19. 2008
    Annual accounts 20081,7 k €↓
  20. 2007
    Annual accounts 200734,6 k €
  21. 2007
    Name changeMerelec - Electriciteitswerken
  22. 29/06/1981
    IncorporationPrivate limited company