ACTIVE

NEWELEC

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Financial year 2025 · Closed on 31/12/2025

Net result1,3 M €+391,9 %over 1 year

Revenue56,8 M €+61,1 %over 1 year

Equity7,8 M €+45,0 %over 1 year

Workforce236,1 ETP+14,8 %over 1 year

Identity

Source · BCE/KBO

NEWELEC is a Public limited company incorporated in 1985. Its main activity is: Manufacture of electricity distribution and control apparatus. Its registered office is in Herstal. It employs on average 236,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.027.553
Incorporation: 04/04/1985
Legal form: Public limited company
Registered office: Rue du Fond des Fourches 23C
4041 Herstal · WallonieSee on map
Contributed capital: 893 236,01 €
Latest accounts: 31/12/2025
Average workforce: 236,1 ETP

Activities (NACE)

27120Manufacture of electricity distribution and control apparatus· main 27120Manufacture of electricity distribution and control apparatus 43211Electrical installation 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 71121Engineering activities and related technical consultancy+2

Joint committees (4)

149
14901
200
218

Contacts

4 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 16 financial years

	2025		2023		2022		2019		2017
Income statement
Revenue	56,8 M €	+61.1%	35,3 M €	-12.1%	40,1 M €	+50.3%	26,7 M €	+63.1%	16,4 M €
EBITDA	2,8 M €	+151%	1,1 M €	-10.0%	1,3 M €	+63.1%	771,6 k €	+61.0%	479,1 k €
Operating result	1,9 M €	+231%	582,3 k €	-6.3%	621,5 k €	+157%	241,9 k €	+22.4%	197,6 k €
Net result	1,3 M €	+392%	259,9 k €	-26.3%	352,7 k €	+255%	99,4 k €	+22.4%	81,2 k €
Balance sheet
Equity	7,8 M €	+45.0%	5,4 M €	+5.1%	5,1 M €	+35.0%	3,8 M €	+37.3%	2,8 M €
Total assets	27,2 M €	+46.3%	18,6 M €	+3.8%	17,9 M €	+32.5%	13,5 M €	+31.5%	10,3 M €
Cash	701,1 k €	+43.7%	488 k €	+256%	136,9 k €	-82.2%	767,8 k €	+103%	379,1 k €
Debts	19,3 M €	+46.3%	13,2 M €	+3.6%	12,7 M €	+34.0%	9,5 M €	+26.4%	7,5 M €
Other
Workforce	236,1 ETP	+14.8%	205,7 ETP	-0.3%	206,3 ETP	+29.7%	159,0 ETP	+50.1%	105,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric MERTENS	Managing director30/05/2017 → 18/05/2029Director03/06/2016 → 2016 accountsended
Fabrice LECLERCQ	Managing director23/03/2022 → 18/05/2029Director04/05/2003 → 2019 accountsended
Ingrid RENSON	Director08/11/2021 → 18/05/2029
Christophe LECLERCQ	Managing director05/06/2015 → 18/05/2029Director04/05/2003 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vanessa DURIEUX	Director08/11/2021 → 23/03/2022
Geert MAES	Director04/06/2018 → 2019 accounts
Henricus BUENEN	Chairman of the board of directors18/04/2018 → 2019 accounts
Agnès BUTTERLIN	Director30/05/2017 → 2019 accounts

Other companies at this address

Rue du Fond des Fourches 23C 4041 Herstal

Company	CBE no.
BATITEC-DAUVISTER● Active	0742.905.776
INSAVER SUD● Active	0888.476.547

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	05/06/2026	04/06/2025	18/06/2024	07/06/2023	20/09/2022	09/06/2021
General meeting	15/05/2026	16/05/2025	17/05/2024	19/05/2023	20/05/2022	21/05/2021
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
Full model	31/12/2025	15/05/2026	05/06/2026	French	PDF
Full model	31/12/2024	16/05/2025	04/06/2025	French	PDF
Full model	31/12/2023	17/05/2024	18/06/2024	French	PDF
Full model	31/12/2022	19/05/2023	07/06/2023	French	PDF
Full model	31/12/2021	20/05/2022	20/09/2022	French	PDF
Full model	31/12/2020	21/05/2021	09/06/2021	French	PDF
Full model	31/12/2019	29/06/2020	17/07/2020	French	PDF
Full model	31/12/2018	17/05/2019	17/06/2019	French	PDF
Full model	31/12/2017	04/06/2018	28/06/2018	French	PDF
Full model	31/12/2016	29/06/2017	31/08/2017	French	PDF
Full model	31/12/2015	03/06/2016	12/07/2016	French	PDF
Full model	31/12/2014	05/06/2015	06/07/2015	French	PDF
Full model	31/12/2013	06/06/2014	08/07/2014	French	PDF
Full model	31/12/2012	07/06/2013	26/07/2013	French	PDF
Full model	31/12/2011	12/06/2012	03/07/2012	French	PDF
Full model	31/12/2010	03/06/2011	15/06/2011	French	PDF
Full model	31/12/2009	14/06/2010	29/06/2010	French	PDF
Full model	31/12/2008	25/05/2009	08/06/2009	French	PDF
Full model	31/12/2007	08/05/2008	14/07/2008	French	PDF
Full model	31/12/2006	07/05/2007	15/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric MERTENS	Managing director30/05/2017 → 18/05/2029Director03/06/2016 → 2016 accountsended
Fabrice LECLERCQ	Managing director23/03/2022 → 18/05/2029Director04/05/2003 → 2019 accountsended
Ingrid RENSON	Director08/11/2021 → 18/05/2029
Christophe LECLERCQ	Managing director05/06/2015 → 18/05/2029Director04/05/2003 → 2013 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vanessa DURIEUX	Director08/11/2021 → 23/03/2022
Geert MAES	Director04/06/2018 → 2019 accounts
Henricus BUENEN	Chairman of the board of directors18/04/2018 → 2019 accounts
Agnès BUTTERLIN	Director30/05/2017 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/12/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring30/07/2024
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring21/05/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates05/12/2023
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates11/07/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates08/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates15/12/2021
DEMISSIONS, NOMINATIONS
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

Filings16 filings

Mandates

Eric MERTENS

Fabrice LECLERCQ

Ingrid RENSON

Christophe LECLERCQ

Vanessa DURIEUX

Geert MAES

Henricus BUENEN

LEADERSHIP AND MANAGEMENT ADVISORY SERVICES

Véronique VANSTEELANDT

Jean-Marc STAINIER

Agnès BUTTERLIN

Jürgen DENNERSMANN

Show the 6 other mandates

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NEWELEC

Rue du Fond des Fourches 23C, 4041 Vottem

Managing director

Managing directorDirector

Director

Managing directorDirector

Director

Chairman of the board of directors

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Fond des Fourches 23C, 4041 VottemCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00148408
Rue des Fraisiers 91, 4041 Vottem	accounts 2022	Accounts 2022 · 2023-00120581

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NEWELECCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00148408

Events

2025
Annual accounts 20251,3 M €↑
2023
Annual accounts 2023259,9 k €↓
2022
Annual accounts 2022352,7 k €↑
2019
Annual accounts 201999,4 k €↑
2017
Annual accounts 201781,2 k €↑
2016
Annual accounts 201657,8 k €↓
2015
Annual accounts 201573,4 k €↓
2014
Annual accounts 201478,3 k €↑
2013
Annual accounts 201317,5 k €↓
2012
Annual accounts 201235,7 k €↓
2011
Annual accounts 2011168,3 k €↑
2010
Annual accounts 201080,5 k €↑
2009
Annual accounts 20096,9 k €↓
2008
Annual accounts 200890,6 k €↓
2007
Annual accounts 200798,5 k €↓
2006
Annual accounts 2006155,9 k €
04/04/1985
IncorporationPublic limited company

NEWELEC

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