ACTIVE

ELECTRICITEITSWERKEN NUYTS

Financial year 2024 · Closed on 31/12/2024

Net result2,7 M €+170,2 %over 1 year
Revenue26,2 M €+40,9 %over 1 year
Equity5,4 M €+10,7 %over 1 year
Workforce64,6 ETP+2,2 %over 1 year

Identity

Source · BCE/KBO

ELECTRICITEITSWERKEN NUYTS is a Public limited company incorporated in 1987. Its main activity is: Electrical installation. Its registered office is in Balen. It employs on average 64,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.505.191
Incorporation
24/06/1987
Legal form
Public limited company
Registered office
Puttestraat 24
2490 Balen · FlandreSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Average workforce
64,6 ETP
Joint committees (2)
  • 14901
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue26,2 M €18,6 M €13,7 M €10,4 M €10,1 M €
EBITDA4 M €1,8 M €1,4 M €891,1 k €1,1 M €
Operating result3,7 M €1,4 M €1,2 M €710,8 k €959,7 k €
Net result2,7 M €1 M €786 k €493,4 k €675,4 k €
Balance sheet
Equity5,4 M €4,9 M €4,7 M €3,9 M €3,4 M €
Total assets14,8 M €10,5 M €7,9 M €6 M €6,4 M €
Cash3,8 M €867,3 k €534,4 k €559,5 k €1,3 M €
Debts9,3 M €5,5 M €3,2 M €2 M €2,9 M €
Other
Workforce64,6 ETP63,2 ETP59,2 ETP57,1 ETP44,8 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 31/12/2024

6 active · 25 ended

Active mandates

Nicolas Rogez

Chairman of the board of directors · since 02 juin 2025 · until 27 juin 2028

Active
Natalie Dewulf

Chairman of the board of directors · since 25 juin 2024 · until 02 juin 2025

Active
Xavier Allard

Director · since 25 juin 2024 · until 27 juin 2028

Active
Hans Verlinde

Managing director · since 30 juin 2022 · until 30 juin 2026

Active
Jo Nuyts

Director · since 30 juin 2022 · until 30 juin 2026

Active
Wim Nuyts

Director · since 30 juin 2022 · until 30 juin 2026

Active

Ended mandates

Hans Verlinde

Director · since 30 juin 2022 · until 30 juin 2026

Ended
Natalie Dewulf

Director · since 30 mai 2022 · until 25 juin 2024

Ended
Stanislas De Pierpont

Chairman of the board of directors · since 19 août 2020 · until 19 août 2024

Ended
Xavier Allard

Director · since 19 août 2020 · until 25 juin 2024

Ended

Other companies at this address

Puttestraat 24 2490 Balen
CompanyCBE no.
NUMOCO● Active
1036.579.909

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202526/06/202430/06/202305/07/202230/06/202124/08/2020
General meeting24/06/202525/06/202427/06/202328/06/202229/06/202119/08/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202424/06/202530/06/2025DutchPDF
Full model31/12/202325/06/202426/06/2024DutchPDF
Full model31/12/202227/06/202330/06/2023DutchPDF
Full model31/12/202128/06/202205/07/2022DutchPDF
Full model31/12/202029/06/202130/06/2021DutchPDF
Full model31/12/201919/08/202024/08/2020DutchPDF
Abridged model31/12/201803/06/201926/06/2019DutchPDF
Abridged model31/12/201701/06/201829/06/2018DutchPDF
Abridged model31/12/201601/06/201728/06/2017DutchPDF
Abridged model31/12/201501/06/201610/08/2016DutchPDF
Abridged model31/12/201401/06/201529/06/2015DutchPDF
Abridged model31/12/201302/06/201404/07/2014DutchPDF
Abridged model31/12/201203/06/201310/07/2013DutchPDF
Abridged model31/12/201101/06/201226/06/2012DutchPDF
Abridged model31/12/201001/06/201109/08/2011DutchPDF
Abridged model31/12/200901/06/201029/06/2010DutchPDF
Abridged model31/12/200802/06/200925/06/2009DutchPDF
Abridged model31/12/200702/06/200820/06/2008DutchPDF
Abridged model31/12/200604/06/200730/07/2007DutchPDF

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 31/12/2024

6 active · 25 ended

Active mandates

Nicolas Rogez

Chairman of the board of directors · since 02 juin 2025 · until 27 juin 2028

Active
Natalie Dewulf

Chairman of the board of directors · since 25 juin 2024 · until 02 juin 2025

Active
Xavier Allard

Director · since 25 juin 2024 · until 27 juin 2028

Active
Hans Verlinde

Managing director · since 30 juin 2022 · until 30 juin 2026

Active
Jo Nuyts

Director · since 30 juin 2022 · until 30 juin 2026

Active
Wim Nuyts

Director · since 30 juin 2022 · until 30 juin 2026

Active

Ended mandates

Hans Verlinde

Director · since 30 juin 2022 · until 30 juin 2026

Ended
Natalie Dewulf

Director · since 30 mai 2022 · until 25 juin 2024

Ended
Stanislas De Pierpont

Chairman of the board of directors · since 19 août 2020 · until 19 août 2024

Ended
Xavier Allard

Director · since 19 août 2020 · until 25 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/08/2026
    ONTSLAGEN, BENOEMINGEN, DIVERSEN
    PDF
  • Other09/02/2026
    DIVERSEN
    PDF
  • Mandates14/08/2025
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/01/2025
    DIVERSEN
    PDF
  • Other16/10/2024
    DIVERSEN
    PDF
  • Other12/02/2024
    DIVERSEN
    PDF
  • Mandates27/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 20242,7 M €↑
  2. 2023
    Annual accounts 20231 M €↑
  3. 2022
    Annual accounts 2022786 k €↑
  4. 2021
    Annual accounts 2021493,4 k €↓
  5. 2021
    Name changeNUYTS ELECTRICITEITSWERKEN
  6. 2020
    Annual accounts 2020675,4 k €↓
  7. 2019
    Annual accounts 2019920,5 k €↑
  8. 2018
    Annual accounts 2018468,3 k €↑
  9. 2017
    Annual accounts 201782 k €↓
  10. 2016
    Annual accounts 2016327,8 k €↑
  11. 2015
    Annual accounts 201575,4 k €↓
  12. 2014
    Annual accounts 2014222,4 k €↑
  13. 2013
    Annual accounts 2013115,4 k €↓
  14. 2012
    Annual accounts 2012202,5 k €↑
  15. 2011
    Annual accounts 2011159,5 k €↑
  16. 2010
    Annual accounts 201059,9 k €↑
  17. 2009
    Annual accounts 2009-2 k €↓
  18. 2008
    Annual accounts 200865,3 k €↓
  19. 2007
    Annual accounts 2007202,3 k €↑
  20. 2006
    Annual accounts 2006147,2 k €
  21. 2006
    Name changeELECTRICITEITSWERKEN NUYTS
  22. 24/06/1987
    IncorporationPublic limited company