ACTIVE

GENETEC

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Financial year 2025 · closed on 31/12/2025

Net result

3,4 M €

+219.2% YoY

Revenue

27,9 M €

+5.7% YoY

Equity

11,3 M €

+26.0% YoY

Workforce

107,0 ETP

-4.1% YoY

What does GENETEC do?

GENETEC is a Public limited company incorporated in 1986. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Namur. It employs on average 107,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.884.510

Incorporation

16/05/1986

Legal form

Public limited company

Registered office

Chaussée de Marche(JB) 933
5100 Namur · WallonieSee on map

Contributed capital

1 000 000,00 €

Latest accounts

31/12/2025

Average workforce

107,0 ETP

Activities (NACE)

43240Electrical, plumbing and other construction installation activities· main 43299Other construction installation 45340Sale of motor vehicle parts and accessories 71121Engineering activities and related technical consultancy 71121Engineering activities and related technical consultancy 74203Photographic activities+3

Joint committees (4)

14901
200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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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
Revenue	27,9 M €	+5.7%	26,4 M €	-1.2%	26,8 M €	+18.2%	22,6 M €	-4.3%	23,7 M €	+6.9%	22,1 M €	+49.8%	14,8 M €	+10.0%	13,4 M €	+10.9%	12,1 M €	+5.1%	11,5 M €	-8.7%	12,6 M €	+0.9%	12,5 M €	+5.2%	11,9 M €	-12.0%	13,5 M €	+32.7%	10,2 M €	+18.3%	8,6 M €	+4.3%	8,3 M €	-7.7%	9 M €	+6.0%	8,4 M €	-1.8%	8,6 M €
EBITDA	4,5 M €	+127%	2 M €	-13.5%	2,3 M €	-34.5%	3,5 M €	+15.0%	3 M €	-4.3%	3,2 M €	+63.5%	1,9 M €	+37.1%	1,4 M €	+8.2%	1,3 M €	+54.8%	840,5 k €	-33.0%	1,3 M €	+44.8%	866,1 k €	+22.7%	705,6 k €	-10.4%	787,7 k €	+43.9%	547,5 k €	-1.3%	554,8 k €	+38.9%	399,3 k €	-0.1%	399,7 k €	+189%	-450,1 k €	-186%	521,7 k €
Operating result	3,7 M €	+249%	1,1 M €	-50.2%	2,1 M €	-23.1%	2,8 M €	+24.3%	2,2 M €	-8.1%	2,4 M €	+81.4%	1,3 M €	+19.3%	1,1 M €	+8.6%	1 M €	+25.7%	827,8 k €	-14.7%	970 k €	+44.6%	670,8 k €	+31.0%	512,1 k €	-14.0%	595,5 k €	+87.2%	318,2 k €	+42.6%	223,1 k €	+29.2%	172,7 k €	+28.7%	134,2 k €	+121%	-638,6 k €	-340%	265,6 k €
Net result	3,4 M €	+219%	1,1 M €	-27.1%	1,5 M €	-21.8%	1,9 M €	+14.0%	1,6 M €	-13.4%	1,9 M €	+112%	895,6 k €	+17.4%	762,8 k €	+14.7%	665,1 k €	+27.6%	521,3 k €	-18.7%	641,2 k €	+53.8%	416,9 k €	+38.9%	300,1 k €	-12.9%	344,5 k €	+93.3%	178,2 k €	+17.9%	151,1 k €	+48.9%	101,5 k €	+4044%	2,4 k €	+101%	-290,8 k €	-416%	92,2 k €
Balance sheet
Equity	11,3 M €	+26.0%	9 M €	+10.4%	8,2 M €	-6.1%	8,7 M €	+21.1%	7,2 M €	+22.6%	5,8 M €	+35.6%	4,3 M €	+13.1%	3,8 M €	+25.2%	3 M €	+5.8%	2,9 M €	+22.1%	2,4 M €	+17.0%	2 M €	+0.9%	2 M €	+17.3%	1,7 M €	+24.0%	1,4 M €	+13.1%	1,2 M €	+13.5%	1,1 M €	+13.8%	938,6 k €	+14.8%	817,4 k €	-29.4%	1,2 M €
Total assets	32,7 M €	+2.8%	31,8 M €	+0.2%	31,8 M €	+3.5%	30,7 M €	+38.5%	22,2 M €	+29.2%	17,2 M €	+48.4%	11,6 M €	+55.1%	7,5 M €	+7.5%	6,9 M €	+15.6%	6 M €	-13.9%	7 M €	+24.1%	5,6 M €	-6.9%	6 M €	-19.7%	7,5 M €	+21.7%	6,2 M €	+23.8%	5 M €	-0.8%	5 M €	-9.6%	5,6 M €	-15.5%	6,6 M €	-0.1%	6,6 M €
Cash	2,7 M €	+307%	672,3 k €	-73.6%	2,5 M €	-37.9%	4,1 M €	-24.3%	5,4 M €	-6.9%	5,8 M €	+226%	1,8 M €	+156%	697,1 k €	-54.6%	1,5 M €	+157%	598,3 k €	-67.0%	1,8 M €	+915%	178,5 k €	-29.7%	253,9 k €	-38.0%	409,8 k €	-29.3%	579,5 k €	-2.4%	593,9 k €	+279%	156,6 k €	-49.9%	312,4 k €	+482%	53,7 k €	-73.5%	202,3 k €
Debts	8,7 M €	+0.5%	8,7 M €	-4.9%	9,1 M €	+37.0%	6,6 M €	+30.4%	5,1 M €	-9.1%	5,6 M €	+10.4%	5,1 M €	+48.1%	3,4 M €	-6.6%	3,7 M €	+19.9%	3,1 M €	-31.7%	4,5 M €	+27.6%	3,5 M €	-10.6%	3,9 M €	-31.2%	5,7 M €	+20.2%	4,7 M €	+26.9%	3,7 M €	-4.7%	3,9 M €	-14.5%	4,6 M €	-19.6%	5,7 M €	+6.3%	5,4 M €
Other
Workforce	107,0 ETP	-4.1%	111,6 ETP	+10.6%	100,9 ETP	+2.0%	98,9 ETP	+5.9%	93,4 ETP	+2.3%	91,3 ETP	+7.5%	84,9 ETP	+4.9%	80,9 ETP	+0.6%	80,4 ETP	+2.3%	78,6 ETP	+6.4%	73,9 ETP	+3.6%	71,3 ETP	-5.7%	75,6 ETP	-7.1%	81,4 ETP	-5.5%	86,1 ETP	-1.3%	87,2 ETP	+1.8%	85,7 ETP	+11.2%	77,1 ETP	-9.2%	84,9 ETP	+7.7%	78,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Delphine HALLAUX

Managing director · since 13 février 2023 · until 19 mai 2028

Active

GENETEC NEGOCE ET MANAGEMENT

Director · since 13 février 2023 · until 19 mai 2028 · 0439.873.422

Represented by c/o HALLAUX ANDRÉ

Active

Sébastien HALLAUX

Managing director · since 13 février 2023 · until 19 mai 2028

Active

Ended mandates

SINIO

Registered auditor · since 07 septembre 2020 · until 01 juin 2023 · 0446.111.908

Represented by RONSMANS Olivier

Ended

André HALLAUX

Director · since 07 juin 2019 · until 13 février 2023

Ended

André HALLAUX

Director · since 07 juin 2019 · until 06 juin 2025

Ended

Delphine HALLAUX

Managing director · since 07 juin 2019 · until 06 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
SM GENETEC - JACOBS TRAM● Active	0728.878.487

Annual accounts

Full financial information

	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	08/07/2026	31/07/2025	30/07/2024	19/07/2023	27/06/2022	17/08/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	03/06/2022	04/06/2021
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
Full model	31/12/2025	30/06/2026	08/07/2026	French	PDF
Full model	31/12/2024	30/06/2025	31/07/2025	French	PDF
Full model	31/12/2023	30/06/2024	30/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	19/07/2023	French	PDF
Full model	31/12/2021	03/06/2022	27/06/2022	French	PDF
Full model	31/12/2020	04/06/2021	17/08/2021	French	PDF
Full model	31/12/2019	07/09/2020	27/10/2020	French	PDF
Full model	31/12/2018	07/06/2019	23/08/2019	French	PDF
Full model	31/12/2017	01/06/2018	23/07/2018	French	PDF
Full model	31/12/2016	02/06/2017	30/06/2017	French	PDF
Full model	31/12/2015	03/06/2016	24/06/2016	French	PDF
Full model	31/12/2014	05/06/2015	01/07/2015	French	PDF
Full model	31/12/2013	06/06/2014	04/07/2014	French	PDF
Full model	31/12/2012	07/06/2013	24/07/2013	French	PDF
Full model	31/12/2011	01/06/2012	23/08/2012	French	PDF
Full model	31/12/2010	03/06/2011	10/08/2011	French	PDF
Full model	31/12/2009	04/06/2010	22/07/2010	French	PDF
Full model	31/12/2008	05/06/2009	28/08/2009	French	PDF
Full model	31/12/2007	06/06/2008	27/06/2008	French	PDF
Full model	31/12/2006	01/06/2007	31/07/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 29 ended

Active mandates

Delphine HALLAUX

Managing director · since 13 février 2023 · until 19 mai 2028

Active

GENETEC NEGOCE ET MANAGEMENT

Director · since 13 février 2023 · until 19 mai 2028 · 0439.873.422

Represented by c/o HALLAUX ANDRÉ

Active

Sébastien HALLAUX

Managing director · since 13 février 2023 · until 19 mai 2028

Active

Ended mandates

SINIO

Registered auditor · since 07 septembre 2020 · until 01 juin 2023 · 0446.111.908

Represented by RONSMANS Olivier

Ended

André HALLAUX

Director · since 07 juin 2019 · until 13 février 2023

Ended

André HALLAUX

Director · since 07 juin 2019 · until 06 juin 2025

Ended

Delphine HALLAUX

Managing director · since 07 juin 2019 · until 06 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/09/2023
DEMISSIONS, NOMINATIONS
PDF
Other20/02/2023
DIVERS
PDF
Mandates16/02/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates23/11/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates02/10/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates07/09/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates15/06/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2014
DEMISSIONS, NOMINATIONS
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 20253,4 M €↑
2024
Annual accounts 20241,1 M €↓
2023
Annual accounts 20231,5 M €↓
2022
Annual accounts 20221,9 M €↑
2022
Name changeGENETEC
2021
Annual accounts 20211,6 M €↓
2021
Name changeGENERAL TECHNOLOGY en abrégé "GENETEC"
2020
Annual accounts 20201,9 M €↑
2019
Annual accounts 2019895,6 k €↑
2018
Annual accounts 2018762,8 k €↑
2017
Annual accounts 2017665,1 k €↑
2016
Annual accounts 2016521,3 k €↓
2015
Annual accounts 2015641,2 k €↑
2014
Annual accounts 2014416,9 k €↑
2013
Annual accounts 2013300,1 k €↓
2012
Annual accounts 2012344,5 k €↑
2011
Annual accounts 2011178,2 k €↑
2010
Annual accounts 2010151,1 k €↑
2009
Annual accounts 2009101,5 k €↑
2008
Annual accounts 20082,4 k €↑
2007
Annual accounts 2007-290,8 k €↓
2006
Annual accounts 200692,2 k €
16/05/1986
IncorporationPublic 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

GENETEC

Overview

What does GENETEC 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