ACTIVE

ELECTRO PROJECT

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Financial year 2026 · Closed on 31/03/2026

Net result5,5 M €-37,3 %over 1 year

Gross margin2,9 M €-0,5 %over 1 year

Equity45,4 M €+8,4 %over 1 year

Workforce9,2 ETP+10,8 %over 1 year

Identity

Source · BCE/KBO

ELECTRO PROJECT is a Public limited company incorporated in 1985. Its main activity is: Activities of holding companies. Its registered office is in Deinze. It employs on average 9,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0427.573.426
Incorporation: 01/08/1985
Legal form: Public limited company
Registered office: Karrewegstraat 50
9800 Deinze · FlandreSee on map
Contributed capital: 62 200,00 €
Latest accounts: 31/03/2026
Average workforce: 9,2 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities 70200Management consultancy activities+1

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	2,9 M €	-0.5%	2,9 M €	-12.7%	3,3 M €	-11.7%	3,8 M €	+3.7%	3,7 M €
EBITDA	1,8 M €	-7.3%	2 M €	-21.3%	2,5 M €	-15.2%	2,9 M €	+2.3%	2,9 M €
Operating result	1,7 M €	-9.8%	1,9 M €	-21.7%	2,4 M €	-16.1%	2,9 M €	+2.5%	2,8 M €
Net result	5,5 M €	-37.3%	8,8 M €	+24.9%	7,1 M €	+71.0%	4,1 M €	+98.7%	2,1 M €
Balance sheet
Equity	45,4 M €	+8.4%	41,9 M €	+19.4%	35,1 M €	+16.8%	30 M €	+12.4%	26,7 M €
Total assets	47,7 M €	+8.1%	44,1 M €	+18.3%	37,3 M €	+20.1%	31 M €	+15.5%	26,9 M €
Cash	1,3 M €	-28.2%	1,8 M €	+83.3%	968,3 k €	-79.5%	4,7 M €	-49.4%	9,3 M €
Debts	2,3 M €	+2.3%	2,2 M €	+1.6%	2,2 M €	+116%	1 M €	+475%	175,8 k €
Other
Workforce	9,2 ETP	+10.8%	8,3 ETP	+6.4%	7,8 ETP	0.0%	7,8 ETP	0.0%	7,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel DEWULF	Director25/08/2005 → 28/08/2026Managing director28/06/2011 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COPAR0425.491.488Represented by Karel Dewulf	Director29/08/2014 → 2015 accounts
Mady FLAMEZ	Director29/08/2014 → 28/08/2020

Other companies at this address

Karrewegstraat 50 9800 Deinze

Company	CBE no.
BE STAGOBEL● Active	0553.876.532
COPAR● Active	0425.491.488
Stagobel● Active	0408.055.046

Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	05/09/2025	05/09/2024	21/09/2023	21/09/2022	30/08/2021
General meeting	28/08/2026	29/08/2025	30/08/2024	25/08/2023	26/08/2022	27/08/2021
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	31/03/2026	28/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/03/2025	29/08/2025	05/09/2025	Dutch	PDF
Abridged model	31/03/2024	30/08/2024	05/09/2024	Dutch	PDF
Abridged model	31/03/2023	25/08/2023	21/09/2023	Dutch	PDF
Abridged model	31/03/2022	26/08/2022	21/09/2022	Dutch	PDF
Abridged model	31/03/2021	27/08/2021	30/08/2021	Dutch	PDF
Abridged model	31/03/2020	28/08/2020	08/10/2020	Dutch	PDF
Abridged model	31/03/2019	30/08/2019	27/09/2019	Dutch	PDF
Abridged model	31/03/2018	31/08/2018	28/09/2018	Dutch	PDF
Abridged model	31/03/2017	23/10/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	26/08/2016	31/10/2016	Dutch	PDF
Abridged model	31/03/2015	28/08/2015	29/09/2015	Dutch	PDF
Abridged model	31/03/2014	29/08/2014	01/09/2014	Dutch	PDF
Abridged model	31/03/2013	30/08/2013	30/10/2013	Dutch	PDF
Abridged model	31/03/2012	31/08/2012	06/09/2012	Dutch	PDF
Abridged model	31/03/2011	26/08/2011	21/10/2011	Dutch	PDF
Abridged model	31/03/2010	27/08/2010	29/10/2010	Dutch	PDF
Abridged model	31/03/2009	28/08/2009	14/09/2009	Dutch	PDF
Abridged model	31/03/2008	29/08/2008	30/09/2008	Dutch	PDF
Abridged model	31/03/2007	31/08/2007	28/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2026

1 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Karel DEWULF	Director25/08/2005 → 28/08/2026Managing director28/06/2011 → 2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
COPAR0425.491.488Represented by Karel Dewulf	Director29/08/2014 → 2015 accounts
Mady FLAMEZ	Director29/08/2014 → 28/08/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates13/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/04/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/06/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring31/01/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates31/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other17/01/2012
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates18/07/2011
ONTSLAGEN - BENOEMINGEN
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

Filings20 filings

Mandates

Karel DEWULF

COPAR

Mady FLAMEZ

Hubert DEWULF

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ELECTRO PROJECT

Karrewegstraat 50, 9800 Deinze

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Karrewegstraat 50, 9800 DeinzeCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00495686

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ELECTRO PROJECTCurrent	accounts 2022 → 2026	Accounts 2026 · 2026-00495686

Events

2026
Annual accounts 20265,5 M €↓
2025
Annual accounts 20258,8 M €↑
2024
Annual accounts 20247,1 M €↑
2023
Annual accounts 20234,1 M €↑
2022
Annual accounts 20222,1 M €↓
2021
Annual accounts 202111,4 M €↑
2020
Annual accounts 20201,4 M €↑
2019
Annual accounts 20191,3 M €↑
2018
Annual accounts 20181,2 M €↑
2017
Annual accounts 2017743,9 k €↑
2016
Annual accounts 2016257,1 k €↑
2015
Annual accounts 2015152,4 k €↓
2014
Annual accounts 20141,7 M €↓
2013
Annual accounts 20133,5 M €↑
2012
Annual accounts 2012653 k €↑
2011
Annual accounts 2011230,5 k €↓
2010
Annual accounts 2010259,3 k €↑
2009
Annual accounts 2009237,5 k €↓
2008
Annual accounts 2008246,2 k €↑
2007
Annual accounts 2007244,7 k €
01/08/1985
IncorporationPublic limited company

ELECTRO PROJECT

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